# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-002557
**Filing Date:** 2026-6
**Character Count:** 176170
**Document Hash:** 0d627b0fdd3609129826bb3d59546438
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002557.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002000324-26-002557

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust III
- **CENTRAL INDEX KEY:** 0001722388

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23312
- **FILM NUMBER:** 261120441

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Trust I
- **DATE OF NAME CHANGE:** 20180319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Funds I Trust
- **DATE OF NAME CHANGE:** 20171113

## Series and Classes Contracts Data

### Rockefeller Opportunistic Municipal Bond ETF (Series ID: S000086370)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000251864 | Rockefeller Opportunistic Municipal Bond ETF | RMOP            |

## Nport-Ex

**Rockefeller Opportunistic Municipal Bond ETF**

**Schedule of Investments**

**April 30, 2026 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MUNICIPAL BONDS & NOTES - 113.5%** | **Rate** | **Maturity<br> Date** | **Principal Amount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Alabama - 0.8%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Belt Energy Gas District, Call 07/01/35 | 5.00% | 10/01/2035 | $3000000 | $3010827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Arizona - 3.3%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona Industrial Development Authority, Call 07/01/27<sup>(a)(b)(c)</sup> | 5.75% | 07/01/2047 | 110000 | 105905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona Industrial Development Authority, Call 07/01/27<sup>(a)(b)(c)</sup> | 5.88% | 07/01/2052 | 105000 | 99540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arizona Industrial Development Authority, Call 02/01/32<sup>(a)(b)(c)</sup> | 6.88% | 02/01/2065 | 1000000 | 1001802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Estrella Mountain Ranch Community Facilities District, SA, Call 07/01/35<sup>(a)</sup> | 5.80% | 07/01/2049 | 450000 | 450590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrial Development Authority of the City of Phoenix, Call 12/01/33<sup>(a)(b)</sup> | 5.25% | 12/01/2060 | 4000000 | 3791359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrial Development Authority of the County of Pima, Call 11/01/27<sup>(a)(c)</sup> | 6.50% | 11/01/2047 | 970000 | 945270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;La Paz County Industrial Development Authority, Call 02/15/28<sup>(a)</sup> | 5.00% | 02/15/2048 | 50000 | 48391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maricopa County & Phoenix Industrial Development Authorities, GNMA, FNMA, FHLMC, Call 03/01/33<sup>(a)</sup> | 6.25% | 03/01/2055 | 275000 | 305819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sierra Vista Industrial Development Authority, Call 06/15/31<sup>(a)(b)(c)</sup> | 5.75% | 06/15/2064 | 3450000 | 3232199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superstition Vistas Community Facilities District No. 1, SA, Call 07/01/36<sup>(a)</sup> | 6.00% | 07/01/2050 | 802000 | 785555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superstition Vistas Community Facilities District No. 2, SA, Call 07/01/36<sup>(a)</sup> | 6.13% | 07/01/2050 | 896000 | 903430 |
|  |  |  |  | 11669860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Arkansas - 0.5%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arkansas Development Finance Authority, GNMA, FNMA, FHLMC, Call 07/01/33<sup>(a)</sup> | 5.00% | 01/01/2055 | 970000 | 1024742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fayetteville Public Facilities Board, Call 12/01/33<sup>(a)</sup> | 5.50% | 12/01/2054 | 500000 | 509427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pulaski County Public Facilities Board, Call 06/08/26 | 5.00% | 12/01/2031 | 5000 | 5005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pulaski County Public Facilities Board, Call 06/08/26<sup>(a)</sup> | 5.00% | 12/01/2042 | 210000 | 210163 |
|  |  |  |  | 1749337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**California - 9.6%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California County Tobacco Securitization Agency, Call 05/24/26<sup>(d)</sup> | 0.00% | 06/01/2046 | 3750000 | 1038847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California County Tobacco Securitization Agency, Call 06/08/26<sup>(b)</sup> | 6.00% | 06/01/2042 | 265000 | 265413 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Infrastructure & Economic Development Bank, Call 07/01/31<sup>(a)(b)(c)</sup> | 5.13% | 07/01/2054 | $1200000.0 | $1114806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Infrastructure & Economic Development Bank, Call 07/01/31<sup>(a)(b)(c)</sup> | 5.25% | 07/01/2064 | 500000.0 | 463488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Municipal Finance Authority, Call 11/01/34<sup>(a)(c)</sup> | 5.38% | 11/01/2045 | 775000.0 | 799880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Public Finance Authority, Call 06/01/31<sup>(a)(b)</sup> | 6.38% | 06/01/2059 | 1500000.0 | 1390146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Public Finance Authority, Call 03/01/32<sup>(a)(b)(c)</sup> | 6.63% | 03/01/2065 | 2465000.0 | 2531419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Public Finance Authority, Call 06/01/32<sup>(a)(b)(c)</sup> | 6.63% | 06/01/2065 | 1430000.0 | 1511582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Statewide Financing Authority, Call 06/08/26<sup>(b)</sup> | 6.0% | 05/01/2043 | 200000.0 | 200467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Los Angeles Department of Airports, Call 05/15/35<sup>(a)(c)(e)</sup> | 11.55% | 05/15/2055 | 8000000.0 | 8569200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County Airport Comm-San Francisco International Airport, Call 05/01/35<sup>(a)(c)(e)</sup> | 11.05% | 05/01/2055 | 10000000.0 | 10934600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County Airport Comm-San Francisco International Airport, Call 05/01/35<sup>(a)</sup> | 5.25% | 05/01/2055 | 1000000.0 | 1043007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;San Francisco City & County Redevelopment Agency Successor Agency, TAR, Call 06/08/26<sup>(a)</sup> | 5.0% | 08/01/2043 | 60000.0 | 60046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silicon Valley Tobacco Securitization Authority, Call 06/08/26<sup>(d)</sup> | 0.0% | 06/01/2036 | 4000000.0 | 2286317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Township Health Care District, GO, Call 05/29/26<sup>(a)(b)</sup> | 5.0% | 08/01/2043 | 105000.0 | 105042 |
|  |  |  |  | 34314260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Colorado - 6.7%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baseline Metropolitan District No. 1, GO, Call 12/01/29 | 6.75% | 12/15/2054 | 1000000.0 | 1007010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bent Grass Metropolitan District, GO, Call 12/01/30<sup>(a)(c)</sup> | 5.75% | 12/01/2054 | 1000000.0 | 1027737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canyons Metropolitan District No. 5, GO, Call 12/01/29 | 6.5% | 12/15/2054 | 750000.0 | 751387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado Educational & Cultural Facilities Authority, Call 07/01/35<sup>(a)(b)(c)</sup> | 6.0% | 07/01/2055 | 2525000.0 | 2558188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado Health Facilities Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 05/15/2045 | 135000.0 | 135068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado Health Facilities Authority, Call 06/15/35<sup>(a)</sup> | 7.0% | 06/15/2055 | 4150000.0 | 4054121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado State University Research Foundation, Call 03/01/36<sup>(a)(b)(c)</sup> | 5.5% | 03/01/2065 | 750000.0 | 742544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cottonwood Creek Metropolitan District No. 5, GO, Call 09/01/30<sup>(a)(c)</sup> | 0.0% | 12/01/2055 | 1000000.0 | 804691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Creekwalk Marketplace Business Improvement District, Call 12/01/29<sup>(a)</sup> | 6.0% | 12/01/2054 | 875000.0 | 878966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crowfoot Valley Ranch Metropolitan District No. 2, GO, Call 12/01/29 | 6.13% | 12/15/2054 | 1000000.0 | 979819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominion Water & Sanitation District, Call 12/01/28<sup>(a)</sup> | 5.88% | 12/01/2052 | 1600000.0 | 1646427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Green Valley Ranch East Metropolitan District No. 9, GO, Call 12/01/30<sup>(a)</sup> | 0.0% | 12/01/2055 | 995000.0 | 817190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palisade Metropolitan District No. 2, Call 12/01/29<sup>(a)(c)</sup> | 5.88% | 12/15/2054 | 1000000.0 | 989263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piney Lake Trails Metropolitan District No. 1, GO, Call 12/01/33<sup>(a)</sup> | 5.88% | 12/01/2055 | 645000.0 | 650376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pinnacle Farms Metropolitan District No. 1, GO, Call 09/01/30<sup>(c)</sup> | 8.75% | 12/15/2055 | 1051000.0 | 1052494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sky Dance Metropolitan District No. 2, GO, Call 12/01/29<sup>(a)</sup> | 6.0% | 12/01/2054 | 750000.0 | 757058 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sky Ranch Community Authority Board, GO, Call 12/01/29 | 6.5% | 12/15/2054 | $546000.0 | $547009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Vrain Lakes Metropolitan District No. 2, GO, Call 12/01/29 | 6.38% | 11/15/2054 | 500000.0 | 500306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Vrain Lakes Metropolitan District No. 4, GO, Call 09/01/29<sup>(a)(c)</sup> | 0.0% | 09/20/2054 | 1000000.0 | 741822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Ranch Community Authority Board, Call 12/01/30 | 6.88% | 12/15/2055 | 550000.0 | 554401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trevenna Metropolitan District, GO, Call 12/01/29<sup>(a)</sup> | 5.75% | 12/01/2054 | 505000.0 | 495611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vail Home Partners Corp., Call 04/01/35<sup>(a)(b)(c)</sup> | 5.88% | 10/01/2055 | 500000.0 | 511816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Village Metropolitan District, GO, Call 09/01/30<sup>(a)(b)</sup> | 5.75% | 12/01/2055 | 1000000.0 | 1012011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weems Neighborhood Metropolitan District, GO, Call 06/01/30<sup>(a)(c)</sup> | 5.88% | 12/01/2055 | 800000.0 | 818916 |
|  |  |  |  | 24034231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Connecticut - 0.6%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stamford Housing Authority, Call 10/01/32<sup>(a)</sup> | 6.5% | 10/01/2055 | 1000000.0 | 1034279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stamford Housing Authority, Call 10/01/32<sup>(a)(b)</sup> | 6.25% | 10/01/2060 | 1000000.0 | 1011517 |
|  |  |  |  | 2045796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Delaware - 1.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware State Economic Development Authority, AG, Call 06/08/26<sup>(a)</sup> | 5.0% | 10/01/2039 | 50000.0 | 50076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware State Economic Development Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 10/01/2036 | 305000.0 | 302782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware State Economic Development Authority, Call 07/01/32<sup>(a)(b)(c)</sup> | 6.0% | 07/01/2065 | 1465000.0 | 1471802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware Transportation Authority, Call 05/29/26<sup>(a)</sup> | 5.0% | 06/01/2055 | 2000000.0 | 1984573 |
|  |  |  |  | 3809233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**District of Columbia - 3.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Metropolitan Area Transit Authority Dedicated Revenue, Call 07/15/33<sup>(a)(c)(e)</sup> | 10.54% | 07/15/2053 | 10640000.0 | 11105713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Florida - 10.3%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alachua County Health Facilities Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 12/01/2044 | 710000.0 | 710403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Babcock Ranch Community Independent Special District, SA, Call 05/01/35<sup>(a)(c)</sup> | 5.25% | 05/01/2055 | 1000000.0 | 983971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Projects Finance Authority, Call 06/15/29<sup>(a)(c)</sup> | 5.0% | 06/15/2054 | 500000.0 | 455138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Projects Finance Authority, Call 06/15/30<sup>(a)(b)(c)</sup> | 6.75% | 06/15/2065 | 2000000.0 | 2010313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Projects Finance Authority, Call 03/01/32<sup>(a)(b)(c)</sup> | 7.13% | 01/01/2065 | 2000000.0 | 2067536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Authority, Call 12/01/29<sup>(a)(c)</sup> | 6.88% | 12/01/2044 | 1000000.0 | 1055304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Authority, Call 06/15/30<sup>(a)(b)(c)</sup> | 5.25% | 06/15/2059 | 500000.0 | 456806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Authority, Call 07/01/31<sup>(a)(c)</sup> | 5.25% | 07/01/2054 | 1500000.0 | 1345978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Authority, Call 07/01/31<sup>(a)(c)</sup> | 5.25% | 07/01/2059 | 1000000.0 | 888304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Authority, Call 06/01/32<sup>(a)(c)</sup> | 5.0% | 06/01/2054 | 250000.0 | 230569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County Industrial Development Authority, Call 10/01/33<sup>(a)(c)</sup> | 6.13% | 10/01/2055 | 500000.0 | 516496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Lake Helen, Call 07/15/28<sup>(a)(b)(c)</sup> | 5.38% | 07/15/2038 | 700000.0 | 692380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Venice, Call 01/01/32<sup>(a)(c)</sup> | 5.63% | 01/01/2060 | 750000.0 | 744641 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Miami-Dade Water & Sewer System Revenue, Call 10/01/35<sup>(a)</sup> | 5.0% | 10/01/2055 | $10000000.0 | $10326073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edgewater West Community Development District, SA, Call 11/01/34<sup>(a)(b)</sup> | 5.5% | 05/01/2054 | 1000000.0 | 980678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Development Finance Corp., Call 06/30/28<sup>(a)(c)</sup> | 4.0% | 06/30/2056 | 705000.0 | 480655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Higher Educational Facilities Financing Authority, Call 07/01/33<sup>(a)(c)</sup> | 6.25% | 07/01/2055 | 2000000.0 | 2021428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, Call 06/15/32<sup>(a)(b)(c)</sup> | 6.13% | 06/15/2065 | 1500000.0 | 1514456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, Call 07/01/32<sup>(a)(b)(c)</sup> | 6.0% | 07/01/2060 | 1000000.0 | 1010274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, Call 11/15/32<sup>(a)(b)(c)</sup> | 6.88% | 11/15/2064 | 1165000.0 | 1217348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Local Government Finance Commission, Call 10/01/33<sup>(a)(b)</sup> | 5.88% | 10/01/2061 | 355000.0 | 347871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gas Worx Community Development District, SA, Call 11/01/35<sup>(a)(c)</sup> | 6.0% | 05/01/2057 | 1195000.0 | 1217316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Highlands County School Board, BAM, Call 06/08/26<sup>(a)</sup> | 5.0% | 09/01/2041 | 50000.0 | 50060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillsborough County Aviation Authority Customer Facility Charge, Call 06/03/26<sup>(a)</sup> | 5.0% | 10/01/2044 | 90000.0 | 90056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County Expressway Authority, Call 06/08/26<sup>(a)(b)</sup> | 5.0% | 07/01/2040 | 480000.0 | 480337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miami-Dade County Industrial Development Authority, Call 07/01/29<sup>(a)(b)(c)</sup> | 5.5% | 07/01/2061 | 1185000.0 | 1083658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Normandy Community Development District, SA, Call 11/01/34<sup>(a)(b)(c)</sup> | 5.55% | 05/01/2054 | 95000.0 | 90745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County Health Facilities Authority, Call 05/15/30<sup>(a)(b)</sup> | 7.5% | 05/15/2053 | 135000.0 | 149659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palm Beach County Health Facilities Authority, Call 05/15/30<sup>(a)(b)</sup> | 7.63% | 05/15/2058 | 285000.0 | 315808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parrish Lakes II Community Development District, SA, Call 11/01/34<sup>(a)(c)</sup> | 5.45% | 05/01/2054 | 1260000.0 | 1214821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pioneer Ranch Community Development District, SA, Call 11/01/34<sup>(a)(c)</sup> | 5.3% | 05/01/2055 | 955000.0 | 923507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poitras East Community Development District, SA, Call 05/01/35<sup>(a)</sup> | 6.1% | 05/01/2055 | 855000.0 | 872216 |
|  |  |  |  | 36544805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Georgia - 0.6%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlanta Development Authority, TAR, Call 04/01/29<sup>(c)</sup> | 5.5% | 04/01/2039 | 1000000.0 | 1022888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Development Authority for Fulton County, Call 06/08/26<sup>(a)</sup> | 5.0% | 07/01/2044 | 1000000.0 | 1003164 |
|  |  |  |  | 2026052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Hawaii - 2.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State of Hawaii Airports System Revenue, Call 07/01/35<sup>(a)(c)(e)</sup> | 11.33% | 07/01/2054 | 6985000.0 | 7394391 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Idaho - 0.7%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avimor Community Infrastructure District No. 1, SA, Call 12/01/29<sup>(a)(c)</sup> | 5.5% | 09/01/2053 | $1000000.0 | $1000996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Power County Industrial Development Corp., Call 06/08/26 | 6.45% | 08/01/2032 | 1500000.0 | 1505243 |
|  |  |  |  | 2506239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Illinois - 1.9%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago Board of Education, BAM, GO, Call 06/08/26<sup>(a)</sup> | 5.0% | 12/01/2042 | 100000.0 | 100089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Burbank, Call 02/01/33<sup>(a)(c)</sup> | 6.25% | 02/01/2056 | 1265000.0 | 1273188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Cook, Call 01/01/35<sup>(a)</sup> | 6.5% | 01/01/2045 | 1500000.0 | 1535837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois Finance Authority, Call 06/08/26 | 5.0% | 11/15/2027 | 10000.0 | 10010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois Finance Authority, Call 06/08/26<sup>(a)(b)</sup> | 5.25% | 05/15/2054 | 1000000.0 | 830913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois Finance Authority, Call 08/01/32<sup>(a)(b)(c)</sup> | 6.38% | 08/01/2055 | 1900000.0 | 1937849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois State Toll Highway Authority, Call 06/08/26 | 5.0% | 01/01/2031 | 120000.0 | 120213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upper Illinois River Valley Development Authority, Call 12/01/34<sup>(a)(c)</sup> | 6.0% | 12/01/2055 | 1000000.0 | 1007472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Chicago Fire Protection District, NATL, GO, Call 06/08/26 | 5.0% | 01/01/2033 | 100000.0 | 100070 |
|  |  |  |  | 6915641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Indiana - 4.3%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Evansville, Call 06/13/26<sup>(a)</sup> | 5.45% | 01/01/2038 | 1070000.0 | 1019415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Fort Wayne, Call 06/08/26<sup>(a)</sup> | 5.35% | 01/01/2038 | 715000.0 | 676987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Lafayette, Call 07/01/26<sup>(a)</sup> | 5.6% | 01/01/2033 | 400000.0 | 400028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Lafayette, Call 07/01/26<sup>(a)</sup> | 5.8% | 01/01/2037 | 1000000.0 | 1000632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Mishawaka, Call 06/08/26<sup>(a)(c)</sup> | 5.38% | 01/01/2038 | 920000.0 | 900152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Valparaiso, Call 12/01/28<sup>(a)(c)</sup> | 5.38% | 12/01/2041 | 750000.0 | 693174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana Finance Authority, Call 05/29/26<sup>(a)</sup> | 5.0% | 11/01/2041 | 1845000.0 | 1846457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana Housing & Community Development Authority, Call 06/08/26<sup>(a)</sup> | 5.75% | 01/01/2036 | 2500000.0 | 2499942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana Housing & Community Development Authority, Call 06/08/26<sup>(a)</sup> | 5.5% | 01/01/2037 | 1900000.0 | 1899955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana Housing & Community Development Authority, Call 01/01/33<sup>(a)</sup> | 6.75% | 01/01/2043 | 2650000.0 | 2430722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Town of Merrillville, Call 06/08/26<sup>(a)</sup> | 5.75% | 04/01/2036 | 945000.0 | 944903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Town of Whitestown, TAR, Call 09/01/35<sup>(a)(c)</sup> | 6.0% | 09/01/2050 | 1085000.0 | 1087200 |
|  |  |  |  | 15399567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Iowa - 0.8%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa Finance Authority, Call 05/29/26<sup>(a)</sup> | 5.0% | 05/15/2047 | 90000.0 | 87427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa Finance Authority, Call 05/15/30<sup>(a)(b)</sup> | 7.5% | 05/15/2053 | 935000.0 | 1032906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa Finance Authority, Call 05/15/31<sup>(a)(b)</sup> | 5.13% | 05/15/2059 | 1450000.0 | 1362909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iowa Finance Authority, Call 11/01/41<sup>(a)(c)</sup> | 6.0% | 11/01/2042 | 500000.0 | 506100 |
|  |  |  |  | 2989342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Kansas - 3.3%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Wichita, Call 05/15/31<sup>(a)</sup> | 5.75% | 05/15/2045 | 225000.0 | 225660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Wichita, Call 06/01/32<sup>(a)</sup> | 6.75% | 06/01/2060 | 575000.0 | 588571 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Kansas Hospital Authority Health Facilities Revenue, Call 03/01/36<sup>(a)(c)(e)</sup> | 11.43% | 03/01/2054 | $10000000 | $10787400 |
|  |  |  |  | 11601631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Kentucky - 2.3%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Warren, Call 04/01/34<sup>(a)</sup> | 5.25% | 04/01/2054 | 8000000 | 8236156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Massachusetts - 1.0%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts Development Finance Agency, Call 12/01/31<sup>(a)(b)(c)</sup> | 5.88% | 12/01/2060 | 2730000 | 2519808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts Development Finance Agency, Call 07/01/34<sup>(a)(b)(c)</sup> | 5.0% | 07/01/2060 | 1000000 | 950954 |
|  |  |  |  | 3470762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Michigan - 0.9%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kalamazoo Economic Development Corp., Call 02/15/33<sup>(a)(c)</sup> | 6.25% | 08/15/2061 | 380000 | 385448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan Strategic Fund, Call 06/08/26<sup>(a)</sup> | 6.25% | 11/15/2043 | 2000000 | 2001224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michigan Tobacco Settlement Finance Authority, Call 06/01/33<sup>(d)</sup> | 0.0% | 06/01/2058 | 28500000 | 658327 |
|  |  |  |  | 3044999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Minnesota - 2.4%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Apple Valley, Call 09/01/33<sup>(a)(b)</sup> | 5.5% | 09/01/2055 | 525000 | 531309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Coon Rapids, Call 06/15/35<sup>(a)(b)</sup> | 6.5% | 06/15/2065 | 1500000 | 1507819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Eagan, Call 02/01/32<sup>(a)(b)(c)</sup> | 6.25% | 02/01/2045 | 250000 | 254029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Eagan, Call 02/01/32<sup>(a)(b)(c)</sup> | 6.38% | 02/01/2055 | 615000 | 611579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Eagan, Call 02/01/32<sup>(a)(b)(c)</sup> | 6.5% | 02/01/2065 | 1100000 | 1096421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Minneapolis, Call 07/01/31<sup>(a)</sup> | 4.0% | 07/01/2051 | 100000 | 61256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Rochester, Call 09/01/28<sup>(a)</sup> | 5.38% | 09/01/2050 | 2030000 | 1525034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Shakopee Senior Housing Revenue, Call 11/01/32<sup>(a)(b)</sup> | 5.75% | 11/01/2055 | 500000 | 501135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Shakopee Senior Housing Revenue, Call 11/01/32<sup>(a)</sup> | 5.88% | 11/01/2065 | 500000 | 504082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Housing & Redevelopment Authority of The City of St. Paul, Call 07/01/32<sup>(a)(b)</sup> | 6.13% | 07/01/2065 | 365000 | 359250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Housing & Redevelopment Authority of The City of St. Paul, Call 09/01/32<sup>(a)(b)</sup> | 5.63% | 09/01/2065 | 500000 | 490850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lakes Area Economic Development Authority, Call 11/01/33<sup>(a)(b)</sup> | 5.88% | 11/01/2062 | 1000000 | 990023 |
|  |  |  |  | 8432787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Missouri - 1.2%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Educational Facilities Authority of the State of Missouri, Call 06/08/26<sup>(a)</sup> | 5.0% | 11/15/2045 | 275000 | 275143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health & Educational Facilities Authority of the State of Missouri, Call 06/08/26<sup>(a)</sup> | 5.0% | 11/15/2048 | 70000 | 70009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kansas City Industrial Development Authority, Call 01/01/35<sup>(c)</sup> | 6.0% | 01/01/2048 | 570000 | 582411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirkwood Industrial Development Authority, Call 05/15/27<sup>(a)</sup> | 5.25% | 05/15/2050 | 1000000 | 944151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Missouri Development Finance Board, Call 06/08/26 | 5.0% | 06/01/2027 | 20000 | 20030 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Missouri Housing Development Commission, GNMA, FNMA, FHLMC, Call 05/01/33<sup>(a)</sup> | 5.0% | 11/01/2055 | $2500000.0 | $2537463 |
|  |  |  |  | 4429207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Montana - 0.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Kalispell, Call 05/15/32<sup>(a)</sup> | 6.0% | 05/15/2060 | 250000.0 | 253608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New Hampshire - 0.7%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire Business Finance Authority, Call 12/01/26<sup>(c)</sup> | 5.38% | 12/01/2031 | 1000000.0 | 999276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire Business Finance Authority, Call 04/01/33<sup>(a)(b)</sup> | 5.63% | 04/01/2045 | 500000.0 | 525577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire Business Finance Authority, Call 04/01/33<sup>(a)(b)</sup> | 5.75% | 04/01/2055 | 625000.0 | 631759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hampshire Health and Education Facilities Authority, Call 06/08/26<sup>(a)(b)</sup> | 5.0% | 08/01/2043 | 200000.0 | 200113 |
|  |  |  |  | 2356725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**New York - 11.5%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Build NYC Resource Corp., Call 06/08/26<sup>(a)(b)</sup> | 5.88% | 07/01/2038 | 940000.0 | 896791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dobbs Ferry Local Development Corp., Call 06/08/26<sup>(a)</sup> | 5.0% | 07/01/2039 | 645000.0 | 645088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dobbs Ferry Local Development Corp., Call 06/08/26<sup>(a)</sup> | 5.0% | 07/01/2044 | 160000.0 | 160010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hempstead Town Local Development Corp., Call 06/08/26<sup>(a)</sup> | 5.0% | 07/01/2044 | 2200000.0 | 2200178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monroe County Industrial Development Corp., Call 07/01/34<sup>(a)(c)</sup> | 5.0% | 07/01/2059 | 1000000.0 | 877109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development Corp., HUD SECT 8, Call 05/01/32<sup>(a)</sup> | 5.0% | 05/01/2056 | 5000000.0 | 5019994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development Corp., Call 05/01/33<sup>(a)</sup> | 5.05% | 11/01/2045 | 200000.0 | 208695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development Corp., Call 05/01/33<sup>(a)</sup> | 5.25% | 11/01/2055 | 700000.0 | 712881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Transitional Finance Authority Future Tax Secured Revenue, Call 11/01/35<sup>(a)(c)(e)</sup> | 11.43% | 05/01/2050 | 8000000.0 | 8657920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City Transitional Finance Authority Future Tax Secured Revenue, Call 02/01/36<sup>(a)</sup> | 5.0% | 02/01/2053 | 8000000.0 | 8221417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Counties Tobacco Trust II, Call 06/08/26<sup>(a)(b)</sup> | 5.75% | 06/01/2043 | 100000.0 | 101959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Counties Tobacco Trust VI, Call 06/01/26<sup>(b)</sup> | 3.75% | 06/01/2045 | 195000.0 | 144810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Transportation Development Corp., AG, Call 12/31/44<sup>(a)</sup> | 0.0% | 12/31/2054 | 300000.0 | 197229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Transportation Development Corp., Call 06/08/26<sup>(a)</sup> | 5.25% | 01/01/2050 | 1120000.0 | 1120085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Transportation Development Corp., Call 10/01/30<sup>(a)(b)</sup> | 4.38% | 10/01/2045 | 945000.0 | 908487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Transportation Development Corp., Call 06/30/33<sup>(a)</sup> | 5.0% | 06/30/2060 | 1100000.0 | 1062857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Transportation Development Corp., Call 06/30/34<sup>(a)</sup> | 6.0% | 06/30/2059 | 1500000.0 | 1582735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Transportation Development Corp., Call 12/31/34<sup>(a)</sup> | 5.5% | 12/31/2060 | 2000000.0 | 2022882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ontario County Local Development Corp., Call 12/01/33<sup>(a)(c)</sup> | 6.5% | 12/01/2045 | 4000000.0 | 4088797 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. Lawrence County Industrial Development Agency, Call 06/08/26<sup>(a)</sup> | 5.0% | 07/01/2043 | $20000.0 | $20010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suffolk Regional Off-Track Betting Corp., Call 06/01/29<sup>(a)(b)</sup> | 6.0% | 12/01/2053 | 750000.0 | 767028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westchester County Local Development Corp., Call 12/01/33<sup>(a)(b)(c)</sup> | 6.5% | 12/01/2065 | 1300000.0 | 1330393 |
|  |  |  |  | 40947355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**North Carolina - 3.9%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Charlotte NC Airport Revenue, Call 07/01/33<sup>(a)(c)(e)</sup> | 10.36% | 07/01/2053 | 8000000.0 | 8264480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina Medical Care Commission, Call 09/01/31<sup>(a)</sup> | 5.5% | 09/01/2054 | 1665000.0 | 1669068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Carolina Medical Care Commission, Call 05/01/33<sup>(a)(b)(c)</sup> | 7.0% | 11/01/2055 | 4000000.0 | 4058556 |
|  |  |  |  | 13992104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ohio - 9.0%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement Financing Authority, Call 06/01/30 | 5.0% | 06/01/2055 | 1950000.0 | 1549378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Tobacco Settlement Financing Authority, Call 06/01/30<sup>(d)</sup> | 0.0% | 06/01/2057 | 15000000.0 | 1148438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cuyahoga County Port Authority, Call 01/01/32<sup>(a)(b)(c)</sup> | 5.88% | 01/01/2049 | 500000.0 | 499134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Columbus-Franklin County Finance Authority, Call 01/01/31<sup>(a)(c)</sup> | 6.05% | 01/01/2046 | 1000000.0 | 1016840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Columbus-Franklin County Finance Authority, Call 07/01/31<sup>(a)(c)</sup> | 6.3% | 01/01/2046 | 1540000.0 | 1540009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Columbus-Franklin County Finance Authority, Call 07/01/31<sup>(a)(c)</sup> | 6.3% | 01/01/2046 | 1715000.0 | 1715010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dayton-Montgomery County Port Authority, Call 01/01/31<sup>(a)(c)</sup> | 6.63% | 01/01/2045 | 1150000.0 | 1216824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 06/08/26<sup>(a)(c)</sup> | 5.13% | 01/01/2032 | 545000.0 | 545828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 01/01/30<sup>(a)(c)</sup> | 6.0% | 01/01/2045 | 1000000.0 | 1018916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 07/01/30<sup>(a)(c)</sup> | 6.38% | 01/01/2045 | 1500000.0 | 1574778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 01/01/31<sup>(a)(c)</sup> | 6.25% | 01/01/2045 | 1500000.0 | 1564059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 01/01/31<sup>(a)</sup> | 6.3% | 01/01/2045 | 1500000.0 | 1542598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 01/01/31<sup>(a)(c)</sup> | 6.5% | 01/01/2045 | 1500000.0 | 1563326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ohio Housing Finance Agency, Call 01/01/31<sup>(a)(c)</sup> | 6.1% | 01/01/2046 | 1675000.0 | 1709332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port of Greater Cincinnati Development Authority, Call 07/01/30<sup>(a)(c)</sup> | 6.5% | 01/01/2045 | 1500000.0 | 1577091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State of Ohio, AG, Call 06/08/26<sup>(a)</sup> | 5.0% | 12/31/2035 | 1575000.0 | 1576198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of Akron, Call 06/08/26 | 5.0% | 01/01/2028 | 235000.0 | 235364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Worthington City School District, GO, Call 12/01/32<sup>(a)</sup> | 5.5% | 12/01/2054 | 10000000.0 | 10566978 |
|  |  |  |  | 32160101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oregon - 0.0%<sup>(f)</sup>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oregon State Facilities Authority, Call 05/29/26 | 5.0% | 11/15/2028 | 20000.0 | 20099 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oregon State Facilities Authority, Call 05/29/26 | 5.0% | 11/15/2029 | $110000.0 | $110543 |
|  |  |  |  | 130642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pennsylvania - 4.0%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allentown Commercial and Industrial Development Authority, Call 06/15/29<sup>(a)(c)</sup> | 5.0% | 06/15/2057 | 500000.0 | 424172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chester Water Authority, Call 06/08/26 | 5.0% | 12/01/2037 | 200000.0 | 200280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crawford County Hospital Authority, Call 06/08/26<sup>(a)</sup> | 6.0% | 06/01/2046 | 425000.0 | 425139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crawford County Hospital Authority, Call 06/08/26<sup>(a)(b)</sup> | 6.0% | 06/01/2051 | 500000.0 | 500012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lancaster County Hospital Authority, Call 06/08/26<sup>(a)(b)</sup> | 5.0% | 07/01/2045 | 50000.0 | 49996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lehigh County General Purpose Authority, Call 06/08/26<sup>(a)</sup> | 0.0% | 02/01/2044 | 2340853.0 | 1523367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lehigh County General Purpose Authority, Call 06/08/26<sup>(a)</sup> | 7.5% | 02/01/2044 | 1461884.0 | 1203650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lehigh County General Purpose Authority<sup>(g)</sup> | 0.0% | 02/01/2044 | 2318848.0 | 14606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pennsylvania State University, Call 09/01/35<sup>(a)(c)(e)</sup> | 11.44% | 09/01/2055 | 8000000.0 | 8714880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philadelphia Authority for Industrial Development, Call 06/01/35<sup>(a)</sup> | 6.25% | 06/01/2055 | 1000000.0 | 1055884 |
|  |  |  |  | 14111986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Puerto Rico - 0.5%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Call 06/08/26<sup>(b)</sup> | 5.5% | 05/15/2039 | 220000.0 | 223453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Call 06/08/26<sup>(b)</sup> | 5.63% | 05/15/2043 | 140000.0 | 142028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Call 06/08/26<sup>(d)</sup> | 0.0% | 05/15/2050 | 5000000.0 | 1035130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Children's Trust Fund, Call 06/08/26<sup>(d)</sup> | 0.0% | 05/15/2057 | 8000000.0 | 388576 |
|  |  |  |  | 1789187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Rhode Island - 0.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rhode Island Housing & Mortgage Finance Corp., FHA 542(C), Call 04/01/33<sup>(a)</sup> | 4.75% | 10/01/2059 | 500000.0 | 496481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**South Carolina - 0.7%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Goose Creek, SA, Call 10/01/30<sup>(a)(b)(c)</sup> | 5.5% | 10/01/2055 | 1000000.0 | 1002674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina Jobs-Economic Development Authority, Call 06/15/29<sup>(a)(c)</sup> | 5.0% | 06/15/2051 | 705000.0 | 550292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina Jobs-Economic Development Authority, Call 06/15/29<sup>(a)(c)</sup> | 5.0% | 06/15/2056 | 500000.0 | 381028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina Jobs-Economic Development Authority, Call 11/15/34<sup>(a)</sup> | 5.75% | 11/15/2054 | 500000.0 | 505089 |
|  |  |  |  | 2439083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Tennessee - 0.3%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shelby County Health Educational & Housing Facilities Board, Call 06/08/26<sup>(a)</sup> | 5.0% | 12/01/2034 | 85000.0 | 85002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shelby County Health Educational & Housing Facilities Board, Call 06/08/26<sup>(a)</sup> | 5.25% | 12/01/2044 | 1125000.0 | 1093895 |
|  |  |  |  | 1178897 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Texas - 15.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arlington Higher Education Finance Corp., PSF-GTD, Call 06/15/34<sup>(a)(b)</sup> | 4.25% | 06/15/2059 | $850000.0 | $767314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Anna, SA, Call 09/15/33<sup>(a)(c)</sup> | 5.5% | 09/15/2055 | 625000.0 | 631581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Anna, SA, Call 09/15/36<sup>(a)(c)</sup> | 5.7% | 09/15/2056 | 500000.0 | 500264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Eagle Pass, SA, Call 09/01/36<sup>(a)(b)(c)</sup> | 7.63% | 09/01/2060 | 1500000.0 | 1469901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Eagle Pass, SA, Call 09/01/36<sup>(a)(b)(c)</sup> | 7.63% | 09/01/2060 | 920000.0 | 901540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Friendswood, SA, Call 09/15/34<sup>(a)</sup> | 7.0% | 09/15/2054 | 1500000.0 | 1512817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Houston Hotel Occupancy Tax & Special Revenue, AG, Call 09/01/36<sup>(a)</sup> | 5.5% | 09/01/2058 | 1000000.0 | 1064980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Houston Hotel Occupancy Tax & Special Revenue, AG, Call 09/01/36<sup>(a)</sup> | 5.5% | 09/01/2058 | 375000.0 | 398291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Lavon, SA, Call 09/15/35<sup>(a)</sup> | 5.75% | 09/15/2055 | 875000.0 | 879065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Lockhart, SA, Call 09/01/36<sup>(a)(c)</sup> | 6.13% | 09/01/2056 | 735000.0 | 739552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Lockhart, SA, Call 09/01/36<sup>(a)(c)</sup> | 7.5% | 09/01/2056 | 1250000.0 | 1256742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Mesquite, SA, Call 09/01/33<sup>(a)(c)</sup> | 5.63% | 09/01/2055 | 700000.0 | 707950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Mesquite, SA, Call 09/01/35<sup>(a)(c)</sup> | 5.75% | 09/01/2055 | 650000.0 | 650695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Royse City, SA, Call 09/15/33<sup>(a)</sup> | 6.0% | 09/15/2055 | 1000000.0 | 1000251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Terrell, SA, Call 09/15/35<sup>(a)(b)(c)</sup> | 7.0% | 09/15/2055 | 1000000.0 | 1023713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clifton Higher Education Finance Corp., Call 06/08/26<sup>(a)</sup> | 4.4% | 12/01/2047 | 120000.0 | 108315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clifton Higher Education Finance Corp., Call 08/15/34<sup>(a)(b)</sup> | 6.0% | 08/15/2055 | 3000000.0 | 2937621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;County of Medina, SA, Call 09/01/32<sup>(a)(c)</sup> | 5.35% | 09/01/2054 | 1000000.0 | 962980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eagle Mountain & Saginaw Independent School District, PSF-GTD, GO, Call 08/15/35<sup>(a)</sup> | 5.0% | 08/15/2055 | 10000000.0 | 10422192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edinburg Local Government Finance Corp., AG, Call 06/08/26 | 5.0% | 03/01/2027 | 40000.0 | 40050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope Cultural Education Facilities Finance Corp., AG, Call 05/29/26<sup>(a)</sup> | 5.0% | 04/01/2046 | 130000.0 | 129997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope Cultural Education Facilities Finance Corp., Call 07/01/32<sup>(a)</sup> | 6.75% | 07/01/2044 | 500000.0 | 522548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope Cultural Education Facilities Finance Corp., Call 07/01/32<sup>(a)(b)</sup> | 7.13% | 07/01/2056 | 250000.0 | 257983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope Cultural Education Facilities Finance Corp., Call 10/01/32<sup>(a)</sup> | 6.5% | 10/01/2055 | 1780000.0 | 1832263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope Cultural Education Facilities Finance Corp., Call 10/01/32<sup>(a)</sup> | 6.5% | 10/01/2060 | 1430000.0 | 1468135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Hope Higher Education Finance Corp., Call 03/15/35<sup>(a)</sup> | 5.0% | 03/15/2055 | 845000.0 | 863290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tarrant County Cultural Education Facilities Finance Corp., Call 06/08/26<sup>(a)</sup> | 4.0% | 05/15/2031 | 45000.0 | 44587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Transportation Finance Corp., Call 10/01/35<sup>(a)</sup> | 5.25% | 10/01/2055 | 10000000.0 | 10538687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travis County Development Authority, SA, Call 09/01/33<sup>(a)(b)</sup> | 5.63% | 09/01/2055 | 1970000.0 | 1942324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travis County Healthcare District, GO, Call 03/01/35<sup>(a)(c)(e)</sup> | 9.59% | 03/01/2055 | 8000000.0 | 8392880 |
|  |  |  |  | 53968508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utah - 2.7%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;High Star Ranch Infrastructure Financing District, SA, Call 03/01/31<sup>(a)(c)</sup> | 6.25% | 12/01/2055 | 1000000.0 | 1006226 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mida Cormont Public Infrastructure District, GO, Call 06/01/30<sup>(a)(c)</sup> | 6.25% | 06/01/2055 | $650000.0 | $683262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mida Cormont Public Infrastructure District, GO, Call 06/01/30<sup>(a)(c)</sup> | 6.75% | 06/01/2055 | 1000000.0 | 870403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NWQ Public Infrastructure District, GO, Call 12/01/30<sup>(a)(c)</sup> | 6.13% | 03/01/2056 | 1375000.0 | 1388750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Panorama Public Infrastructure District No. 1, GO, Call 12/01/30<sup>(a)(c)</sup> | 6.25% | 03/01/2055 | 1500000.0 | 1517370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pine View Public Infrastructure District No. 2, SA, Call 03/01/31<sup>(a)(c)</sup> | 6.25% | 12/01/2055 | 1000000.0 | 1006226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Salt Lake Redevelopment Agency, TAR, Call 04/15/30<sup>(a)(c)</sup> | 6.25% | 04/15/2046 | 560000.0 | 572358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viridian Farm Public Infrastructure District No. 1, GO, Call 03/01/30<sup>(a)(c)</sup> | 5.88% | 03/01/2054 | 1130000.0 | 1146349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wood Ranch Public Infrastructure District, SA, Call 06/01/31<sup>(a)(c)</sup> | 5.88% | 12/01/2055 | 1250000.0 | 1264186 |
|  |  |  |  | 9455130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Virginia - 0.4%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virginia College Building Authority, Call 06/01/35<sup>(a)</sup> | 6.0% | 06/01/2055 | 1245000.0 | 1301689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Washington - 1.8%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Health Care Facilities Authority, Call 05/29/26 | 5.0% | 07/01/2029 | 30000.0 | 30020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Health Care Facilities Authority, Call 05/29/26<sup>(a)</sup> | 5.0% | 07/01/2038 | 500000.0 | 500107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Health Care Facilities Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 10/01/2038 | 750000.0 | 750667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Health Care Facilities Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 10/01/2041 | 645000.0 | 645361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Health Care Facilities Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 10/01/2042 | 150000.0 | 150039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington Health Care Facilities Authority, Call 06/08/26<sup>(a)</sup> | 5.0% | 10/01/2044 | 610000.0 | 610202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State Housing Finance Commission, BAM, Call 07/01/35<sup>(a)(b)(c)</sup> | 5.25% | 07/01/2055 | 1000000.0 | 1014495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State Housing Finance Commission, Call 01/01/30<sup>(a)(b)(c)</sup> | 5.88% | 01/01/2059 | 250000.0 | 243699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State Housing Finance Commission, Call 07/01/32<sup>(a)(b)(c)</sup> | 6.38% | 07/01/2060 | 1500000.0 | 1507350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington State Housing Finance Commission, Call 01/01/36<sup>(a)(b)</sup> | 6.25% | 01/01/2056 | 1000000.0 | 1011602 |
|  |  |  |  | 6463542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**West Virginia - 0.2%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Huntington, TAR, Call 06/01/32<sup>(a)(b)</sup> | 5.5% | 06/01/2049 | 300000.0 | 300054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;City of Huntington, TAR, Call 06/01/32<sup>(a)(b)</sup> | 5.63% | 05/01/2050 | 475000.0 | 475526 |
|  |  |  |  | 775580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Wisconsin - 5.0%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/15/26<sup>(a)(c)</sup> | 4.75% | 06/15/2056 | 995000.0 | 845468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 12/15/26<sup>(c)</sup> | 5.5% | 12/15/2032 | 169843.0 | 169818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 12/01/27<sup>(a)(c)</sup> | 5.0% | 12/01/2045 | 250000.0 | 234588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 09/01/28<sup>(a)(b)(c)</sup> | 5.75% | 09/01/2035 | 250000.0 | 260123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 09/01/28<sup>(a)(b)(c)</sup> | 6.25% | 09/01/2046 | 250000.0 | 258003 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/15/29<sup>(a)</sup> | 5.0% | 06/15/2039 | $485000.0 | $491314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/15/29<sup>(a)(b)(c)</sup> | 6.0% | 06/15/2064 | 1000000.0 | 986316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/15/32<sup>(a)(b)</sup> | 5.25% | 06/15/2065 | 1000000.0 | 903576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/15/33<sup>(a)(b)(c)</sup> | 6.75% | 06/15/2055 | 250000.0 | 249306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/15/33<sup>(a)(c)</sup> | 7.0% | 06/15/2065 | 550000.0 | 553232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 07/01/33<sup>(a)(b)(c)</sup> | 6.38% | 07/01/2061 | 725000.0 | 721168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 01/01/34<sup>(b)</sup> | 5.75% | 07/01/2062 | 3574531.0 | 3703597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 04/01/35<sup>(a)(c)</sup> | 6.45% | 04/01/2060 | 1000000.0 | 984742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Finance Authority, Call 06/30/35<sup>(a)</sup> | 6.5% | 12/31/2065 | 3000000.0 | 3303645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin Health & Educational Facilities Authority, Call 04/01/29<sup>(a)</sup> | 5.13% | 04/01/2057 | 1300000.0 | 1111460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin Health & Educational Facilities Authority, Call 06/01/33<sup>(a)(b)</sup> | 5.5% | 06/01/2061 | 2400000.0 | 2399005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wisconsin Health & Educational Facilities Authority, Call 07/01/34<sup>(a)</sup> | 6.63% | 07/01/2060 | 650000.0 | 682606 |
|  |  |  |  | 17857967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL MUNICIPAL BONDS & NOTES (Cost $399,273,347)** |  |  |  | 402409421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 113.5% (Cost $399,273,347)** |  |  |  | $402409421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floating Rate Note Obligations – (16.3)%<sup>(i)</sup> |  |  |  | (58215000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Assets in Excess of Liabilities - 2.8% |  |  |  | 12376571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  |  |  | $356570992 |

---

Percentages are stated as a percent of net assets.

---

| | |
|:---|:---|
| AG | Assured Guaranty |
| BAM | Build America Mutual Assurance Co. |
| FHLMC | Federal Home Loan Mortgage Association |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation |
| PSF-GTD | Permanent School Fund-Guaranteed |
| SA | Special Assessment |
| TAR | Tax Allocation Receipt |

---

(a) Sinkable security.

(b) Fixed coupon bond issued at a discount.

(c) Security exempt from registration pursuant to
 Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration
 to qualified institutional investors. As of April 30, 2026, the value of these securities total $138,998,543 or 39.0% of the
 Fund's net assets.

(d) Zero coupon bond issued at a discount.

(e) Adjustable rate security. Rate disclosed is
 as of April 30, 2026.

(f) Does not round to 0.1% or (0.1)%, as applicable.

(g) At maturity security. Interest is paid in full
 at the maturity date.

(h) All or a portion of the principal amount transferred
 to a Tender Option Bond ("TOB") Issuer in exchange for TOB Residuals and cash.

(i) Face value of Floating Rate Notes issued in
 TOB transactions.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust III

- **b. Investment Company Act file number:** 811-23312

- **c. CIK number of Registrant:** 0001722388

- **d. LEI of Registrant:** 254900O7GV43AAUCM784

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

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

- **a. Name of Series:** Rockefeller Opportunistic Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000086370

- **c. LEI of Series:** 254900YX2DQC4Q5NS210

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $352096293.68

**Total Liabilities:** $3061967.75

**Net Assets:** $349034325.93

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -6.31 | **1-Year:** -1032.59 | **5-Year:** -13141.68 | **10-Year:** -193671.86 | **30-Year:** -100102.99

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** -713.22 | **30-Year:** -25533.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251864 | 1.74%                | -1.61%               | 1.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-40444.05               | $4098635.13                                |
| Month 2  | $15964.13                | $-6889093.80                               |
| Month 3  | $481678.19               | $3479171.96                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alachua County Health Facilities Authority         | Alachua County Health Facilities Authority                          | CUSIP: 010685KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $710403.07    | 0.20%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Au | Allentown Commercial and Industrial Development Au                  | CUSIP: 018433AN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $424172.10    | 0.12%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANNA TX SPL ASSMNT REVENUE                         | City of Anna TX                                                     | CUSIP: 035713BJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500263.80    | 0.14%             | 2056-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority           | Arizona Industrial Development Authority                            | CUSIP: 04052BBV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $105904.62    | 0.03%             | 2047-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority           | Arizona Industrial Development Authority                            | CUSIP: 04052BBW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $99540.29     | 0.03%             | 2052-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R                     | Arizona Industrial Development Authority                            | CUSIP: 04052BTR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001802.30   | 0.29%             | 2065-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority             | Arkansas Development Finance Authority                              | CUSIP: 041083YA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $1024742.14   | 0.29%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp            | Arlington Higher Education Finance Corp                             | CUSIP: 041807KZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $767314.04    | 0.22%             | 2059-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                  | Atlanta Development Authority/The                                   | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022887.70   | 0.29%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Avimor Community Infrastructure District No 1      | Avimor Community Infrastructure District No 1                       | CUSIP: 05372AAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000995.40   | 0.29%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special Distri | Babcock Ranch Community Independent Special Distri                  | CUSIP: 05616KBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983970.50    | 0.28%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No 1                | Baseline Metropolitan District No 1                                 | CUSIP: 069826AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007009.70   | 0.29%             | 2054-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bent Grass Metropolitan District                   | Bent Grass Metropolitan District                                    | CUSIP: 082623AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027737.10   | 0.29%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                     | Black Belt Energy Gas District                                      | CUSIP: 09182TEW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3010827.30   | 0.86%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT                      | Buckeye Tobacco Settlement Financing Authority                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1549378.35   | 0.44%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority     | Buckeye Tobacco Settlement Financing Authority                      | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $1148437.50   | 0.33%             | 2057-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                                             | CUSIP: 12008EBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $896791.30    | 0.26%             | 2038-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BURBANK IL EDUCTNL FACS REVENU                     | City of Burbank IL                                                  | CUSIP: 12083CAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1273188.09   | 0.36%             | 2056-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC                     | California County Tobacco Securitization Agency                     | CUSIP: 13016NBY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265412.90    | 0.08%             | 2042-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency    | California County Tobacco Securitization Agency                     | CUSIP: 13016NCX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $1038847.50   | 0.30%             | 2046-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development B | California Infrastructure & Economic Development B                  | CUSIP: 13035CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1114805.64   | 0.32%             | 2054-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development B | California Infrastructure & Economic Development B                  | CUSIP: 13035CAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $463487.55    | 0.13%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority             | California Municipal Finance Authority                              | CUSIP: 13048V3F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $799879.67    | 0.23%             | 2045-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN                     | California Public Finance Authority                                 | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1390146.00   | 0.40%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN                     | California Public Finance Authority                                 | CUSIP: 13057GAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2531418.69   | 0.73%             | 2065-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SE                     | California Public Finance Authority                                 | CUSIP: 13057TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1511582.07   | 0.43%             | 2065-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD FING AUTH T                     | California Statewide Financing Authority                            | CUSIP: 130923AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200466.98    | 0.06%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                 | Canyons Metropolitan District No 5                                  | CUSIP: 139071AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751386.68    | 0.22%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL              | Capital Projects Finance Authority/FL                               | CUSIP: 14043FAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $455137.85    | 0.13%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FL EDUC                     | Capital Projects Finance Authority/FL                               | CUSIP: 14043FAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010313.40   | 0.58%             | 2065-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FL FIN AUTH SENI                     | Capital Projects Finance Authority/FL                               | CUSIP: 14043HAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067536.20   | 0.59%             | 2065-01-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                            | Capital Trust Authority                                             | CUSIP: 14054WBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1345978.05   | 0.39%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                            | Capital Trust Authority                                             | CUSIP: 14054WBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888303.90    | 0.25%             | 2059-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                            | Capital Trust Authority                                             | CUSIP: 14054WBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $456806.10    | 0.13%             | 2059-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                            | Capital Trust Authority                                             | CUSIP: 14054YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $230568.88    | 0.07%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                            | Capital Trust Authority                                             | CUSIP: 14055AAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055304.40   | 0.30%             | 2044-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FL INDL DEV AUT                     | Charlotte County Industrial Development Authority/FL                | CUSIP: 16080TAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516495.70    | 0.15%             | 2055-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Chester Water Authority                            | Chester Water Authority                                             | CUSIP: 166178QJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200279.78    | 0.06%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                         | Chicago Board of Education                                          | CUSIP: 167505QJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100089.42    | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                              | Children's Trust Fund                                               | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $223453.03    | 0.06%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                              | Children's Trust Fund                                               | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $142028.35    | 0.04%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                              | Children's Trust Fund                                               | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $388576.00    | 0.11%             | 2057-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Anna TX                                    | City of Anna TX                                                     | CUSIP: 035713BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $631580.94    | 0.18%             | 2055-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Apple Valley MN                            | City of Apple Valley MN                                             | CUSIP: 03800RBK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $531308.72    | 0.15%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                              | City of Fort Wayne IN                                               | CUSIP: 34926RAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $676987.17    | 0.19%             | 2038-01-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| City of Friendswood TX                             | City of Friendswood TX                                              | CUSIP: 358591AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1512817.35   | 0.43%             | 2054-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of Goose Creek SC                             | City of Goose Creek SC                                              | CUSIP: 38259TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002673.70   | 0.29%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special R | City of Houston TX Hotel Occupancy Tax & Special R                  | CUSIP: 44237NMU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064979.80   | 0.31%             | 2058-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special R | City of Houston TX Hotel Occupancy Tax & Special R                  | CUSIP: 44237NNL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $398291.40    | 0.11%             | 2058-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Huntington WV                              | City of Huntington WV                                               | CUSIP: 446839AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300054.63    | 0.09%             | 2049-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Huntington WV                              | City of Huntington WV                                               | CUSIP: 446839AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $475525.68    | 0.14%             | 2050-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of Lake Helen FL                              | City of Lake Helen FL                                               | CUSIP: 509893AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $692380.36    | 0.20%             | 2038-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Lavon TX                                   | City of Lavon TX                                                    | CUSIP: 51946PCS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $879065.34    | 0.25%             | 2055-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Mesquite TX                                | City of Mesquite TX                                                 | CUSIP: 590771BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650695.44    | 0.19%             | 2055-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Mesquite TX                                | City of Mesquite TX                                                 | CUSIP: 590771BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $707949.48    | 0.20%             | 2055-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                             | City of Minneapolis MN                                              | CUSIP: 60375CBL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $61255.61     | 0.02%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Mishawaka IN                               | City of Mishawaka IN                                                | CUSIP: 604786AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $900152.47    | 0.26%             | 2038-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Royse City TX                              | City of Royse City TX                                               | CUSIP: 780870CC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000251.20   | 0.29%             | 2055-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN Senior Housing Revenue         | City of Shakopee MN Senior Housing Revenue                          | CUSIP: 81919TAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501135.50    | 0.14%             | 2055-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN Senior Housing Revenue         | City of Shakopee MN Senior Housing Revenue                          | CUSIP: 81919TAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504082.10    | 0.14%             | 2065-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                  | City of Venice FL                                                   | CUSIP: 922687AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $744641.03    | 0.21%             | 2060-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority           | Cleveland-Cuyahoga County Port Authority                            | CUSIP: 18610RCG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499133.85    | 0.14%             | 2049-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp              | Clifton Higher Education Finance Corp                               | CUSIP: 187145BR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $108314.92    | 0.03%             | 2047-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                     | Clifton Higher Education Finance Corp                               | CUSIP: 187145XR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2937621.30   | 0.84%             | 2055-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authori | Colorado Educational & Cultural Facilities Authori                  | CUSIP: 19645UVP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2558188.10   | 0.73%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority               | Colorado Health Facilities Authority                                | CUSIP: 19648A5G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135067.81    | 0.04%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                     | Colorado Health Facilities Authority                                | CUSIP: 19648FB37<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4054120.89   | 1.16%             | 2055-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Colorado State University Research Foundation      | Colorado State University Research Foundation                       | CUSIP: 22945UAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $742544.55    | 0.21%             | 2065-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OH FIN                      | Columbus-Franklin County Finance Authority                          | CUSIP: 19910XAS5<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1540009.09   | 0.44%             | 2046-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OH FIN                      | Columbus-Franklin County Finance Authority                          | CUSIP: 19910XAU0<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1715010.12   | 0.49%             | 2046-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Columbus-Franklin County Finance Authority         | Columbus-Franklin County Finance Authority                          | CUSIP: 19910XAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016840.00   | 0.29%             | 2046-01-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| COON RAPIDS MN CHRT SCH LEASE                      | City of Coon Rapids MN                                              | CUSIP: 21657FAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507818.60   | 0.43%             | 2065-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COTTONWOOD CREEK MET DIST #5 C                     | Cottonwood Creek Metropolitan District No 5                         | CUSIP: 221841AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $804691.00    | 0.23%             | 2055-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                  | County of Cook IL                                                   | CUSIP: 213226AE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535836.95   | 0.44%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| County of Medina TX                                | County of Medina TX                                                 | CUSIP: 584735AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962980.40    | 0.28%             | 2054-09-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Reven | County of Miami-Dade FL Water & Sewer System Reven                  | CUSIP: 59334DQP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10326073.00  | 2.96%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren KY                                | County of Warren KY                                                 | CUSIP: 934864CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8236156.00   | 2.36%             | 2054-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                 | Crawford County Hospital Authority                                  | CUSIP: 225004AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425139.36    | 0.12%             | 2046-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                 | Crawford County Hospital Authority                                  | CUSIP: 225004AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500011.80    | 0.14%             | 2051-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CREEKWALK MARKETPLACE BUSINESS                     | Creekwalk Marketplace Business Improvement District                 | CUSIP: 225515AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $878966.03    | 0.25%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Crowfoot Valley Ranch Metropolitan District No 2   | Crowfoot Valley Ranch Metropolitan District No 2                    | CUSIP: 22802CAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979819.00    | 0.28%             | 2054-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DAYTON-MONTGOMERY CNTY OH PORT                     | Dayton-Montgomery County Port Authority                             | CUSIP: 23982CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1216824.43   | 0.35%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH CHRT                     | Delaware State Economic Development Authority                       | CUSIP: 246372BJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1471801.41   | 0.42%             | 2065-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH REVE                     | Delaware State Economic Development Authority                       | CUSIP: 246387QD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $302781.52    | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority      | Delaware State Economic Development Authority                       | CUSIP: 246387RK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50076.33     | 0.01%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                  | Delaware Transportation Authority                                   | CUSIP: 246430AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1984573.40   | 0.57%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority for Fulton County            | Development Authority for Fulton County                             | CUSIP: 3599006J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003163.90   | 0.29%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dobbs Ferry Local Development Corp                 | Dobbs Ferry Local Development Corp                                  | CUSIP: 256048AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $645087.59    | 0.18%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dobbs Ferry Local Development Corp                 | Dobbs Ferry Local Development Corp                                  | CUSIP: 256048AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160010.06    | 0.05%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOMINION WTR & SANTN DIST CO R                     | Dominion Water & Sanitation District                                | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1646426.88   | 0.47%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EAGAN MN CHRTR SCH LEASE REVEN                     | City of Eagan MN                                                    | CUSIP: 26940AAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254029.20    | 0.07%             | 2045-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EAGAN MN CHRTR SCH LEASE REVEN                     | City of Eagan MN                                                    | CUSIP: 26940AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $611579.25    | 0.18%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EAGAN MN CHRTR SCH LEASE REVEN                     | City of Eagan MN                                                    | CUSIP: 26940AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1096421.37   | 0.31%             | 2065-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EAGLE MOUNTAIN & SAGINAW TX IN                     | Eagle Mountain & Saginaw Independent School District                | CUSIP: 269696TG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10422192.00  | 2.99%             | 2055-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE PASS TX SPL ASSMNT REVEN                     | City of Eagle Pass TX                                               | CUSIP: 269768AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $901539.56    | 0.26%             | 2060-09-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| EAGLE PASS TX SPL ASSMNT REVEN                     | City of Eagle Pass TX                                               | CUSIP: 269768AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1469901.45   | 0.42%             | 2060-09-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Edgewater West Community Development District      | Edgewater West Community Development District                       | CUSIP: 28035BAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980677.80    | 0.28%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Edinburg Local Government Finance Corp             | Edinburg Local Government Finance Corp                              | CUSIP: 280797AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40049.55     | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Estrella Mountain Ranch Community Facilities Distr | Estrella Mountain Ranch Community Facilities Distr                  | CUSIP: 29758RCT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450590.13    | 0.13%             | 2049-07-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| EVANSVILLE IN MF HSG REVENUE                       | City of Evansville IN                                               | CUSIP: 299351AG1<br>LEI: 5493004FNKVUBIYGJO12 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1019415.00   | 0.29%             | 2038-01-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fayetteville Public Facilities Board               | Fayetteville Public Facilities Board                                | CUSIP: 31267GAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509426.80    | 0.15%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                   | Florida Development Finance Corp                                    | CUSIP: 34061UHH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $480654.76    | 0.14%             | 2056-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOC GOVT FIN COMMISSIO                     | Florida Local Government Finance Commission                         | CUSIP: 34077UAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1217348.34   | 0.35%             | 2064-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission        | Florida Local Government Finance Commission                         | CUSIP: 34077UAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010274.00   | 0.29%             | 2060-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST LOCAL GOVT FIN COMM                     | Florida Local Government Finance Commission                         | CUSIP: 34077EAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1514455.50   | 0.43%             | 2065-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST LOCAL GOVT FIN COMM                     | Florida Local Government Finance Commission                         | CUSIP: 34077EAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $347870.71    | 0.10%             | 2061-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GAS WORX CDD FL SPL ASSMNT                         | Gas Worx Community Development District                             | CUSIP: 367200AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1217316.27   | 0.35%             | 2057-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GREEN VLY RANCH EAST MET DIST                      | Green Valley Ranch East Metropolitan District No 9                  | CUSIP: 39356SAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $817190.61    | 0.23%             | 2055-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the S | Health & Educational Facilities Authority of the S                  | CUSIP: 60637AEA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70009.44     | 0.02%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp                               | CUSIP: 424682GE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200177.98   | 0.63%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HGR EDU FACS FING AUTH FL HGR                      | Florida Higher Educational Facilities Financing Authority           | CUSIP: 42982GAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021428.00   | 0.58%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HIGH STAR RANCH INFRASTRUCTURE                     | High Star Ranch Infrastructure Financing District                   | CUSIP: 42980KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006225.90   | 0.29%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Highlands County School Board                      | Highlands County School Board                                       | CUSIP: 43102CAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50059.77     | 0.01%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority Customer Fa | Hillsborough County Aviation Authority Customer Fa                  | CUSIP: 432275AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90055.77     | 0.03%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authori | Hillsborough County Industrial Development Authori                  | CUSIP: 43233KBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.37%             | 2054-11-15      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of S | Housing & Redevelopment Authority of The City of S                  | CUSIP: 852297EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $359250.08    | 0.10%             | 2065-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of S | Housing & Redevelopment Authority of The City of S                  | CUSIP: 852297EH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $490850.35    | 0.14%             | 2065-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                         | Illinois Finance Authority                                          | CUSIP: 45203HRN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10010.42     | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH EDUCTNL F                     | Illinois Finance Authority                                          | CUSIP: 452029AL5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1937848.95   | 0.56%             | 2055-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                       | Illinois Finance Authority                                          | CUSIP: 45204EC55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $830912.70    | 0.24%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority              | Illinois State Toll Highway Authority                               | CUSIP: 452252JN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120212.76    | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                          | Indiana Finance Authority                                           | CUSIP: 45470YDH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1846456.81   | 0.53%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority  | Indiana Housing & Community Development Authority                   | CUSIP: 45506CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2499942.50   | 0.72%             | 2036-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority  | Indiana Housing & Community Development Authority                   | CUSIP: 45506CAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1899954.78   | 0.54%             | 2037-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUT                     | Indiana Housing & Community Development Authority                   | CUSIP: 45506CBH9<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2430721.78   | 0.70%             | 2043-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of  | Industrial Development Authority of the County of                   | CUSIP: 72177PBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $945270.34    | 0.27%             | 2047-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                             | Iowa Finance Authority                                              | CUSIP: 46246K3P5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $87427.29     | 0.03%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                             | Iowa Finance Authority                                              | CUSIP: 46247SFF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $1032906.37   | 0.30%             | 2053-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                             | Iowa Finance Authority                                              | CUSIP: 46247SFV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1362909.23   | 0.39%             | 2059-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH MF REVENUE                        | Iowa Finance Authority                                              | CUSIP: 46246JNN1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506099.50    | 0.14%             | 2042-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI ECON DEV CORP                         | Kalamazoo Economic Development Corp                                 | CUSIP: 483228EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $385447.53    | 0.11%             | 2061-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KALISPELL MT REVENUE                               | City of Kalispell MT                                                | CUSIP: 48343AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253607.98    | 0.07%             | 2060-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH                       | Kansas City Industrial Development Authority                        | CUSIP: 48503SGS2<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    570000 | PA      | $582410.84    | 0.17%             | 2048-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood Industrial Development Authority          | Kirkwood Industrial Development Authority                           | CUSIP: 497609BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944151.30    | 0.27%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority     | La Paz County Industrial Development Authority                      | CUSIP: 50376FAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48390.89     | 0.01%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IN MF HSG REVENUE                        | City of Lafayette IN                                                | CUSIP: 506309AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400027.56    | 0.11%             | 2033-01-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IN MF HSG REVENUE                        | City of Lafayette IN                                                | CUSIP: 506309AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000631.90   | 0.29%             | 2037-01-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LAKES AREA ECON DEV AUTH MN HL                     | Lakes Area Economic Development Authority                           | CUSIP: 512060AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990022.80    | 0.28%             | 2062-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA             | Lancaster County Hospital Authority/PA                              | CUSIP: 514045J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49996.26     | 0.01%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA GEN PURPOSE AUT                     | Lehigh County General Purpose Authority                             | CUSIP: 52480RCF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1461884 | PA      | $1203649.94   | 0.34%             | 2044-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA GEN PURPOSE AUT                     | Lehigh County General Purpose Authority                             | CUSIP: 52480RCG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340853 | PA      | $1523366.74   | 0.44%             | 2044-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA GEN PURPOSE AUT                     | Lehigh County General Purpose Authority                             | CUSIP: 52480RCH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2318848 | PA      | $14606.19     | 0.00%             | 2044-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOCKHART TX SPL ASSMNT REVENUE                     | City of Lockhart TX                                                 | CUSIP: 539779AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $739552.15    | 0.21%             | 2056-09-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LOCKHART TX SPL ASSMNT REVENUE                     | City of Lockhart TX                                                 | CUSIP: 539779AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1256741.50   | 0.36%             | 2056-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development A | Maricopa County & Phoenix Industrial Development A                  | CUSIP: 566736HU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $305818.92    | 0.09%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency           | Massachusetts Development Finance Agency                            | CUSIP: 57585BBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950953.70    | 0.27%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R                     | Massachusetts Development Finance Agency                            | CUSIP: 57585BCX4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2519808.56   | 0.72%             | 2060-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MERRILLVILLE IN ECON DEV REVEN                     | Town of Merrillville IN                                             | CUSIP: 590250AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $944902.67    | 0.27%             | 2036-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL EXPRESSWAY                      | Miami-Dade County Expressway Authority                              | CUSIP: 59334KFW3<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |    480000 | PA      | $480336.53    | 0.14%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority | Miami-Dade County Industrial Development Authority                  | CUSIP: 59334GAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1083658.33   | 0.31%             | 2061-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                            | Michigan Strategic Fund                                             | CUSIP: 594698LE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001224.20   | 0.57%             | 2043-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Michigan Tobacco Settlement Finance Authority      | Michigan Tobacco Settlement Finance Authority                       | CUSIP: 594751AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28500000 | PA      | $658327.20    | 0.19%             | 2058-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUC                     | Mida Cormont Public Infrastructure District                         | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $683262.13    | 0.20%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUC                     | Mida Cormont Public Infrastructure District                         | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870402.80    | 0.25%             | 2055-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                 | Missouri Development Finance Board                                  | CUSIP: 60636SEK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20030.40     | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission            | Missouri Housing Development Commission                             | CUSIP: 60637GJJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2537462.75   | 0.73%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC                     | Health & Educational Facilities Authority of the State of Missouri  | CUSIP: 60637AGN6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    275000 | PA      | $275142.64    | 0.08%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY       | Monroe County Industrial Development Corp/NY                        | CUSIP: 61075TXW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $877108.80    | 0.25%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority           | New Hampshire Business Finance Authority                            | CUSIP: 63608TAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999276.20    | 0.29%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority           | New Hampshire Business Finance Authority                            | CUSIP: 644684HE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525576.65    | 0.15%             | 2045-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority           | New Hampshire Business Finance Authority                            | CUSIP: 644684HG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $631758.81    | 0.18%             | 2055-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Auth | New Hampshire Health and Education Facilities Auth                  | CUSIP: 6446142A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200113.32    | 0.06%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN                      | New Hope Cultural Education Facilities Finance Corp                 | CUSIP: 64542UHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1832263.47   | 0.52%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN                      | New Hope Cultural Education Facilities Finance Corp                 | CUSIP: 64542UHG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1468134.67   | 0.42%             | 2060-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN                      | New Hope Cultural Education Facilities Finance Corp                 | CUSIP: 64542UHM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522548.40    | 0.15%             | 2044-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN                      | New Hope Cultural Education Facilities Finance Corp                 | CUSIP: 64542UHN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257982.93    | 0.07%             | 2056-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Cor | New Hope Cultural Education Facilities Finance Cor                  | CUSIP: 64542RAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129996.53    | 0.04%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Higher Education Finance Corp             | New Hope Higher Education Finance Corp                              | CUSIP: 645438DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $863290.36    | 0.25%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp             | New York City Housing Development Corp                              | CUSIP: 64972KKD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208695.32    | 0.06%             | 2045-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp             | New York City Housing Development Corp                              | CUSIP: 64972KKF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $712881.12    | 0.20%             | 2055-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp             | New York City Housing Development Corp                              | CUSIP: 64972KPK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5019994.50   | 1.44%             | 2056-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Futur | New York City Transitional Finance Authority Futur                  | CUSIP: 64972JD39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8221416.80   | 2.36%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust II                 | New York Counties Tobacco Trust II                                  | CUSIP: 62947VAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101959.15    | 0.03%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                 | New York Counties Tobacco Trust VI                                  | CUSIP: 64945JAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $144810.16    | 0.04%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                     | New York Transportation Development Corp                            | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1582734.60   | 0.45%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp                            | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1120084.78   | 0.32%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp                            | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $908487.18    | 0.26%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp                            | CUSIP: 650116HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1062856.96   | 0.30%             | 2060-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp                            | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022882.20   | 0.58%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp                            | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $197228.73    | 0.06%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Normandy Community Development District            | Normandy Community Development District                             | CUSIP: 65618HAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $90745.25     | 0.03%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission             | North Carolina Medical Care Commission                              | CUSIP: 65820YTP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1669068.09   | 0.48%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM                     | North Carolina Medical Care Commission                              | CUSIP: 65820YVU7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4058555.60   | 1.16%             | 2055-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NWQ Public Infrastructure District                 | NWQ Public Infrastructure District                                  | CUSIP: 62954SAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1388749.59   | 0.40%             | 2056-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                        | Ohio Housing Finance Agency                                         | CUSIP: 676900UC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $545828.45    | 0.16%             | 2032-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                     | Ohio Housing Finance Agency                                         | CUSIP: 676900XJ7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018915.70   | 0.29%             | 2045-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                     | Ohio Housing Finance Agency                                         | CUSIP: 676900XS7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574778.30   | 0.45%             | 2045-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                     | Ohio Housing Finance Agency                                         | CUSIP: 676900XW8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563326.40   | 0.45%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                     | Ohio Housing Finance Agency                                         | CUSIP: 676900XZ1<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564058.85   | 0.45%             | 2045-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                     | Ohio Housing Finance Agency                                         | CUSIP: 676900YF4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1542598.20   | 0.44%             | 2045-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                     | Ohio Housing Finance Agency                                         | CUSIP: 676900YJ6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1709331.64   | 0.49%             | 2046-01-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| OHIO ST PRIVATE ACTIVITY REVEN                     | State of Ohio                                                       | CUSIP: 67759YAN7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1576197.47   | 0.45%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO CNTY NY LOCAL DEV CORP                     | Ontario County Local Development Corp                               | CUSIP: 683063AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4088796.80   | 1.17%             | 2045-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                  | Oregon State Facilities Authority                                   | CUSIP: 68608JRZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20098.53     | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                  | Oregon State Facilities Authority                                   | CUSIP: 68608JSA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110543.14    | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palisade Metropolitan District No 2                | Palisade Metropolitan District No 2                                 | CUSIP: 696392AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989262.90    | 0.28%             | 2054-12-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority      | Palm Beach County Health Facilities Authority                       | CUSIP: 696507VS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $149659.08    | 0.04%             | 2053-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority      | Palm Beach County Health Facilities Authority                       | CUSIP: 696507VT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $315807.73    | 0.09%             | 2058-05-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Panorama Public Infrastructure District No 1       | Panorama Public Infrastructure District No 1                        | CUSIP: 69862YAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517370.45   | 0.43%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Parrish Lakes II Community Development District    | Parrish Lakes II Community Development District                     | CUSIP: 70183HAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1214821.06   | 0.35%             | 2054-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development  | Philadelphia Authority for Industrial Development                   | CUSIP: 71781PBT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055884.10   | 0.30%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH RENTA                     | Industrial Development Authority of the City of Phoenix Arizona/The | CUSIP: 71885LAH7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3791358.40   | 1.09%             | 2060-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PINE VIEW PUBLIC INFRASTRUCTUR                     | Pine View Public Infrastructure District No 2                       | CUSIP: 72302PAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006225.90   | 0.29%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Piney Lake Trails Metropolitan District No 1       | Piney Lake Trails Metropolitan District No 1                        | CUSIP: 72341MAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $650376.08    | 0.19%             | 2055-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PINNACLE FARMS MET DIST #1 CO                      | Pinnacle Farms Metropolitan District No 1                           | CUSIP: 72347WAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1051000 | PA      | $1052493.68   | 0.30%             | 2055-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Pioneer Ranch Community Development District       | Pioneer Ranch Community Development District                        | CUSIP: 723846AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $923507.35    | 0.26%             | 2055-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Poitras East Community Development District        | Poitras East Community Development District                         | CUSIP: 73086BAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $872216.28    | 0.25%             | 2055-05-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT                     | Port of Greater Cincinnati Development Authority                    | CUSIP: 73419RAE2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1577090.85   | 0.45%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIS                     | Port of Port Arthur Navigation District                             | CUSIP: 735220AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.32%             | 2040-04-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE                     | Public Finance Authority                                            | CUSIP: 744396HF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    995000 | PA      | $845468.42    | 0.24%             | 2056-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE                     | Public Finance Authority                                            | CUSIP: 744396KR2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249306.08    | 0.07%             | 2055-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE                     | Public Finance Authority                                            | CUSIP: 744396KS0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $553232.41    | 0.16%             | 2065-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE                     | Public Finance Authority                                            | CUSIP: 74442EML1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984741.50    | 0.28%             | 2060-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDUCTNL REV                     | Public Finance Authority                                            | CUSIP: 74445GAP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    485000 | PA      | $491314.07    | 0.14%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POOLED CHRT                     | Public Finance Authority                                            | CUSIP: 74448GAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3574531 | PA      | $3703596.99   | 1.06%             | 2062-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TOLL REVENU                     | Public Finance Authority                                            | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3303645.30   | 0.95%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74442EMS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903575.80    | 0.26%             | 2065-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74442EPB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $721168.16    | 0.21%             | 2061-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74442PD93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    169843 | PA      | $169818.00    | 0.05%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74443DGA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $234588.10    | 0.07%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74443DLE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986316.20    | 0.28%             | 2064-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74446DAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260123.33    | 0.07%             | 2035-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                           | Public Finance Authority                                            | CUSIP: 74446DAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258002.95    | 0.07%             | 2046-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pulaski County Public Facilities Board             | Pulaski County Public Facilities Board                              | CUSIP: 74540HAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5005.21      | 0.00%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pulaski County Public Facilities Board             | Pulaski County Public Facilities Board                              | CUSIP: 74540HAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210162.67    | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PWR CNTY ID INDL DEV CORP SOL                      | Power County Industrial Development Corp                            | CUSIP: 739247AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505243.25   | 0.43%             | 2032-08-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp       | Rhode Island Housing & Mortgage Finance Corp                        | CUSIP: 76221SEU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496480.85    | 0.14%             | 2059-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ROCHESTER MN                                       | City of Rochester MN                                                | CUSIP: 77158CAD3<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $1525033.85   | 0.44%             | 2050-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Franc | San Francisco City & County Airport Comm-San Franc                  | CUSIP: 79766DXP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043006.70   | 0.30%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency S | San Francisco City & County Redevelopment Agency S                  | CUSIP: 79770GAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60046.30     | 0.02%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilit | Shelby County Health Educational & Housing Facilit                  | CUSIP: 82169JAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85002.02     | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilit | Shelby County Health Educational & Housing Facilit                  | CUSIP: 82169JAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1093894.54   | 0.31%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA AZ INDL DEV AUTH                      | Sierra Vista Industrial Development Authority                       | CUSIP: 82652UBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3232198.74   | 0.93%             | 2064-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Silicon Valley Tobacco Securitization Authority    | Silicon Valley Tobacco Securitization Authority                     | CUSIP: 82706TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2286316.80   | 0.66%             | 2036-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sky Dance Metropolitan District No 2               | Sky Dance Metropolitan District No 2                                | CUSIP: 83086VAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $757057.80    | 0.22%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sky Ranch Community Authority Board                | Sky Ranch Community Authority Board                                 | CUSIP: 83086FAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    546000 | PA      | $547009.50    | 0.16%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority | South Carolina Jobs-Economic Development Authority                  | CUSIP: 83704HAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505088.75    | 0.14%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE                     | South Carolina Jobs-Economic Development Authority                  | CUSIP: 83704MBZ8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    705000 | PA      | $550292.19    | 0.16%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE                     | South Carolina Jobs-Economic Development Authority                  | CUSIP: 83704MCA2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $381028.60    | 0.11%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH SALT LAKE UT REDEV AGY T                     | South Salt Lake Redevelopment Agency                                | CUSIP: 83985AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $572358.53    | 0.16%             | 2046-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| St Lawrence County Industrial Development Agency   | St Lawrence County Industrial Development Agency                    | CUSIP: 791078AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20010.19     | 0.01%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 2          | St Vrain Lakes Metropolitan District No 2                           | CUSIP: 85236GBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500305.70    | 0.14%             | 2054-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 4          | St Vrain Lakes Metropolitan District No 4                           | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $741822.10    | 0.21%             | 2054-09-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH                               | Stamford Housing Authority                                          | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034278.60   | 0.30%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH                               | Stamford Housing Authority                                          | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011517.00   | 0.29%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STERLING RANCH CMNTY AUTH BRD                      | Sterling Ranch Community Authority Board                            | CUSIP: 85950NCD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $554401.21    | 0.16%             | 2055-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp            | Suffolk Regional Off-Track Betting Corp                             | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767027.85    | 0.22%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Superstition Vistas Community Facilities District  | Superstition Vistas Community Facilities District                   | CUSIP: 86852ABE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    802000 | PA      | $785554.91    | 0.23%             | 2050-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Superstition Vistas Community Facilities District  | Superstition Vistas Community Facilities District                   | CUSIP: 86852CAJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    896000 | PA      | $903429.99    | 0.26%             | 2050-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finan | Tarrant County Cultural Education Facilities Finan                  | CUSIP: 87638RHK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $44586.60     | 0.01%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035MB79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2527464.02   | 0.72%             | 2055-05-15      | Variable      | 9.96%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035PF52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2599311.72   | 0.74%             | 2055-09-01      | Variable      | 9.85%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035PQ84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2268095.14   | 0.65%             | 2053-07-01      | Variable      | 8.77%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035PSJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $3087953.97   | 0.88%             | 2053-07-15      | Variable      | 8.95%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035RCN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2662117.06   | 0.76%             | 2050-05-01      | Variable      | 9.84%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035TD56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $3166503.10   | 0.91%             | 2054-03-01      | Variable      | 9.84%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035TH52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $2224210.89   | 0.64%             | 2054-07-01      | Variable      | 9.74%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035TJN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $3123862.08   | 0.90%             | 2055-05-01      | Variable      | 11.05%                | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates     | Tender Option Bond Trust Receipts/Certificates                      | CUSIP: 88035TRT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2410761.92   | 0.69%             | 2055-03-01      | Variable      | 9.59%                 | No            |                  2 | On Loan: No      |
| TERRELL TX SPL ASSMNT REVENUE                      | City of Terrell TX                                                  | CUSIP: 881435AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023713.20   | 0.29%             | 2055-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Finance Corp                  | Texas Transportation Finance Corp                                   | CUSIP: 88283PAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10538687.00  | 3.02%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THE CHILDRENS TRUST FUND PR TO                     | Children's Trust Fund                                               | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1035130.00   | 0.30%             | 2050-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TRAVIS CNTY TX DEV AUTH CONTRA                     | Travis County Development Authority                                 | CUSIP: 89441ABE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1942323.67   | 0.56%             | 2055-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Trevenna Metropolitan District                     | Trevenna Metropolitan District                                      | CUSIP: 89533MAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $495610.94    | 0.14%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNIV OF AKRON OH                                   | University of Akron/The                                             | CUSIP: 914023KJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235363.99    | 0.07%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UPPER IL RIVER VLY DEV AUTH                        | Upper Illinois River Valley Development Authority                   | CUSIP: 91588XAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007471.70   | 0.29%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG                     | Vail Home Partners Corp                                             | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511816.00    | 0.15%             | 2055-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VALPARAISO IN MF HSG REVENUE                       | City of Valparaiso IN                                               | CUSIP: 920286AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $693174.15    | 0.20%             | 2041-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Village Metropolitan District/The                  | Village Metropolitan District/The                                   | CUSIP: 92708CAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012011.00   | 0.29%             | 2055-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                | Virginia College Building Authority                                 | CUSIP: 92778FLZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1301688.71   | 0.37%             | 2055-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Viridian Farm Public Infrastructure District No 1  | Viridian Farm Public Infrastructure District No 1                   | CUSIP: 92841PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1146348.61   | 0.33%             | 2054-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority        | Washington Health Care Facilities Authority                         | CUSIP: 93978HFW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150038.45    | 0.04%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority        | Washington Health Care Facilities Authority                         | CUSIP: 93978HKC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30019.89     | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority        | Washington Health Care Facilities Authority                         | CUSIP: 93978HKJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500107.40    | 0.14%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority        | Washington Health Care Facilities Authority                         | CUSIP: 93978HKN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750667.35    | 0.22%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority        | Washington Health Care Facilities Authority                         | CUSIP: 93978HYK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $610202.09    | 0.17%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority        | Washington Health Care Facilities Authority                         | CUSIP: 93978HYL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $645361.39    | 0.18%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI                     | Washington State Housing Finance Commission                         | CUSIP: 939783Y26<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507349.55   | 0.43%             | 2060-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI                     | Washington State Housing Finance Commission                         | CUSIP: 939783Z41<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011601.60   | 0.29%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI                     | Washington State Housing Finance Commission                         | CUSIP: 93978LJN7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014495.20   | 0.29%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission        | Washington State Housing Finance Commission                         | CUSIP: 939783U61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $243699.20    | 0.07%             | 2059-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District           | Washington Township Health Care District                            | CUSIP: 940642CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105042.55    | 0.03%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEEMS NEIGHBORHOOD MET DIST CO                     | Weems Neighborhood Metropolitan District                            | CUSIP: 948572AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $818916.16    | 0.23%             | 2055-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| West Chicago Fire Protection District              | West Chicago Fire Protection District                               | CUSIP: 952075BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100069.78    | 0.03%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY NY LOCAL DEV                      | Westchester County Local Development Corp                           | CUSIP: 95737TGC4<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1330393.22   | 0.38%             | 2065-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WHITESTOWN IN ECON DEV REVENUE                     | Town of Whitestown IN                                               | CUSIP: 966095AV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1087200.38   | 0.31%             | 2050-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WICHITA KS HLTH CARE FACS REVE                     | City of Wichita KS                                                  | CUSIP: 967249RM7<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225660.24    | 0.06%             | 2045-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WICHITA KS HLTH CARE FACS REVE                     | City of Wichita KS                                                  | CUSIP: 967249RT2<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    575000 | PA      | $588571.09    | 0.17%             | 2060-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HLTH EDL FACS AUTH S                     | Wisconsin Health & Educational Facilities Authority                 | CUSIP: 97671VCU7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    650000 | PA      | $682605.43    | 0.20%             | 2060-07-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                     | Wisconsin Health & Educational Facilities Authority                 | CUSIP: 97712JFE8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1111459.44   | 0.32%             | 2057-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                     | Wisconsin Health & Educational Facilities Authority                 | CUSIP: 97712JSC8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2399004.96   | 0.69%             | 2061-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wood Ranch Public Infrastructure District          | Wood Ranch Public Infrastructure District                           | CUSIP: 97850AAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1264185.63   | 0.36%             | 2055-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Worthington City School District                   | Worthington City School District                                    | CUSIP: 982038TL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10566978.00  | 3.03%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-25

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer