# EDGAR Filing Document

**Accession Number:** 0000035373
**File Stem:** 0001752724-25-198584
**Filing Date:** 2025-8
**Character Count:** 137850
**Document Hash:** 03e5deea7f30edd8218b3339bfde6642
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-198584.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-198584

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY MUNICIPAL TRUST
- **CENTRAL INDEX KEY:** 0000035373

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02628
- **FILM NUMBER:** 251243396

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNICIPAL BOND FUND/MA/
- **DATE OF NAME CHANGE:** 19860327

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY MUNICIPAL BOND FUND INC
- **DATE OF NAME CHANGE:** 19850503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY MUNICIPAL BOND FUND LTD
- **DATE OF NAME CHANGE:** 19770201

## Series and Classes Contracts Data

### Fidelity Michigan Municipal Income Fund (Series ID: S000007129)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000019503 | Fidelity Michigan Municipal Income Fund | FMHTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Municipal Trust

- **b. Investment Company Act file number:** 811-02628

- **c. CIK number of Registrant:** 0000035373

- **d. LEI of Registrant:** MC33ZH3HL1S8YN987650

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Michigan Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000007129

- **c. LEI of Series:** Q560UQKIPJ1Q9COEKD40

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $468625448.80

**Total Liabilities:** $9750776.09

**Net Assets:** $458874672.71

**Delayed Delivery Securities:** $8481312.30

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 24749.37730100 | **1-Year:** 71710.29822850 | **5-Year:** 118739.38860650 | **10-Year:** 92516.29769200 | **30-Year:** 15671.40461550

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

- **3-Month:** 1082.86706551 | **1-Year:** 4111.86705614 | **5-Year:** 3871.61073267 | **10-Year:** 231.94981786 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019503 | -0.38%               | -0.11%               | 0.59%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-26546.82               | $-2625065.52                               |
| Month 2  | $-94439.32               | $-1858374.50                               |
| Month 3  | $-216811.46              | $2128637.24                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FERNDALE MICH PUB SCHS                                                         | FERNDALE MI PUB 3% 5/1/2045                                   | CUSIP: 315162EZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $744077.50    | 0.16%             | 2045-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU D1 5% 7/1/2035                                | CUSIP: 59447TFY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $505597.77    | 0.11%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 11/15/2034                                    | CUSIP: 594698RC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505604.20    | 0.11%             | 2034-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2045                                 | CUSIP: 491740EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $398533.25    | 0.09%             | 2045-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2038 @                                 | CUSIP: 373695AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1217918.17   | 0.27%             | 2038-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA VALLEY MI SCHS                                                        | CHIPPEWA MI SD 5% 5/1/33                                      | CUSIP: 170016ZS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005640.10   | 0.22%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2039                                      | CUSIP: 786744JE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1347532.04   | 0.29%             | 2039-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2035                                   | CUSIP: 59447TK93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1943111.60   | 0.42%             | 2035-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/33                                     | CUSIP: 386316NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $555357.44    | 0.12%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN 3.75% MT                                             | CUSIP: 594654GD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1410907.34   | 0.31%             | 2050-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2046 @                                 | CUSIP: 373695AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004995.80   | 0.44%             | 2046-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2040                                    | CUSIP: 084482EB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $335804.93    | 0.07%             | 2040-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2037                                        | CUSIP: 2510934Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1946309.63   | 0.42%             | 2037-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2026 @                                 | CUSIP: 373695AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $227110.05    | 0.05%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT(MI-WL 12/17/87) 3% 6/1/52                         | CUSIP: 594654NX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2103058.89   | 0.46%             | 2052-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2050                               | CUSIP: 944514S66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2113348.20   | 0.46%             | 2050-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SEW DISP REV                                                        | DETROIT MI SWR/AGC/FGIC 5.5% 7/1/29                           | CUSIP: 2512373S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25813.01     | 0.01%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRANDVILLE MICH PUB SCHS DIST                                                  | GRANDVILLE MICH 4% 5/1/2039                                   | CUSIP: 386892RP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972798.00    | 0.21%             | 2039-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2032                                   | CUSIP: 594479HN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    285000 | PA      | $277887.14    | 0.06%             | 2032-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP                                                    | GRAND TRAV HOSP 3% 7/1/2051                                   | CUSIP: 386523JJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $1637687.98   | 0.36%             | 2051-07-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2040                                    | CUSIP: 084482DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $375798.61    | 0.08%             | 2040-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2025                                  | CUSIP: 944514XY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2165496.99   | 0.47%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(BEAUMONT-SPECTR) 4% 4/15/42                   | CUSIP: 59447T3V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1858518.00   | 0.41%             | 2042-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 3% 12/1/2049                                  | CUSIP: 59447TXJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1401857.40   | 0.31%             | 2049-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/32                                     | CUSIP: 386316MZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $323292.22    | 0.07%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO HSG FIN AUTH                                                       | PR HFA 5% 12/1/2027                                           | CUSIP: 74526LFE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1402467.45   | 0.31%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2034                                    | CUSIP: 26111PAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $542033.54    | 0.12%             | 2034-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU D1 5% 7/1/2030                                | CUSIP: 59447TFT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10015.15     | 0.00%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2035                                    | CUSIP: 084482CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $675467.34    | 0.15%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 12/1/2030                                  | CUSIP: 59447TQJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $739128.32    | 0.16%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2033                                    | CUSIP: 091212JB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $393834.88    | 0.09%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/34                                     | CUSIP: 59447TNJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2149211.20   | 0.47%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5.25% 11/1/2035                               | CUSIP: 594479JG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1457494.64   | 0.32%             | 2035-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2036                                      | CUSIP: 786744JB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $764580.74    | 0.17%             | 2036-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                       | LANSING MI WTR 5% 7/1/2054                                    | CUSIP: 516391FM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034931.00   | 0.44%             | 2054-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MICH SCH DIST                                                        | CREST MI 226363 5% 5/1/2045                                   | CUSIP: 226363HR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414041.88    | 0.09%             | 2045-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2030                                   | CUSIP: 39081JHM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1536831.10   | 0.33%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2036                                   | CUSIP: 39081JHH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1652110.35   | 0.36%             | 2036-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2030 PRE                              | CUSIP: 483233QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30529.63     | 0.01%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVS                                                          | MI ST UNIV 5.25% 8/15/54                                      | CUSIP: 594712ZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3089862.60   | 0.67%             | 2054-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.8% 10/1/2038                                | CUSIP: 59465M4K8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $3680508.87   | 0.80%             | 2038-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                       | LANSING MI WTR 2% MT                                          | CUSIP: 516391DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1962597.60   | 0.43%             | 2051-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BYRON CENTER MICH PUB SCHS                                                     | BYRON CENTER MI 5.25% 5/1/2053                                | CUSIP: 124511QZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3570000 | PA      | $3691498.52   | 0.80%             | 2053-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2030 @                                 | CUSIP: 373695AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $457720.50    | 0.10%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KAREGNONDI WTR AUTH MICH                                                       | KAREGNONDI WTR 5% 11/1/2039                                   | CUSIP: 48563UCR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2401571.25   | 0.52%             | 2039-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 4% 11/1/2042                                   | CUSIP: 735779NY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $907827.50    | 0.20%             | 2042-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2031                                   | CUSIP: 516444UL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $670196.31    | 0.15%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 5.75% 6/1/2054                                    | CUSIP: 594654US2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1907681.27   | 0.42%             | 2054-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2043 @                             | CUSIP: 944514U55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $659237.31    | 0.14%             | 2043-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2035                                  | CUSIP: 386545MP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1265297.23   | 0.28%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 10/1/2044                                  | CUSIP: 59447T8A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3167149.20   | 0.69%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2041                                   | CUSIP: 665398NQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1294459.78   | 0.28%             | 2041-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNFIELD MICH SCHS DIST                                                       | PENNFIELD MI SC 3% 5/1/2051                                   | CUSIP: 708186KR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $818590.19    | 0.18%             | 2051-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2035                                   | CUSIP: 665398NJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $399416.44    | 0.09%             | 2035-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 11/1/2032                                  | CUSIP: 594479JD0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1162153.24   | 0.25%             | 2032-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 4% 5/1/2028                                    | CUSIP: 084482DP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258509.05    | 0.06%             | 2028-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2034                                   | CUSIP: 665398NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $402074.14    | 0.09%             | 2034-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2036                                     | CUSIP: 2510934J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $460590.57    | 0.10%             | 2036-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2033 @                                 | CUSIP: 373695AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084459.60   | 0.24%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/29                                     | CUSIP: 571498CR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $792999.32    | 0.17%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 7/1/27                                     | CUSIP: 59447TFC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1467158.38   | 0.32%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.625% 7/1/2027                                         | CUSIP: 74514L3G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $200672.08    | 0.04%             | 2027-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2037                                     | CUSIP: 935341S73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3457461.28   | 0.75%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/30                                     | CUSIP: 59447TNE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009115.10   | 0.22%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2039                                    | CUSIP: 084482DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $703539.07    | 0.15%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2026 @                                  | CUSIP: 594698QA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $499082.69    | 0.11%             | 2026-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2041 @                                 | CUSIP: 373695AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1118723.54   | 0.24%             | 2041-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2032                                   | CUSIP: 665398NF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $406535.85    | 0.09%             | 2032-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2040                                   | CUSIP: 665398NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $476423.25    | 0.10%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2035 @                                | CUSIP: 944514E38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1273327.97   | 0.28%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2034                                    | CUSIP: 091212JC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $473379.88    | 0.10%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2038                                   | CUSIP: 386289LY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $672981.65    | 0.15%             | 2038-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2044                                | CUSIP: 39081JJP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1097791.86   | 0.24%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.6% 10/1/2060                                | CUSIP: 59465M6P5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1941107.75   | 0.42%             | 2060-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 @                                | CUSIP: 944514S90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $910343.71    | 0.20%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 4% 11/15/2040                                   | CUSIP: 946303G40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1445077.05   | 0.31%             | 2040-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2037                                   | CUSIP: 516444US3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091873.20   | 0.24%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2031 @                                 | CUSIP: 373695AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $788075.07    | 0.17%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2047                                  | CUSIP: 594479EF0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2202595.44   | 0.48%             | 2047-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2039                                        | CUSIP: 2510935A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1239728.97   | 0.27%             | 2039-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/32                                     | CUSIP: 59447TNG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1910145.22   | 0.42%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2040 @                                 | CUSIP: 373695AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024080.30   | 0.22%             | 2040-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 5% 11/1/2034                                   | CUSIP: 735779NA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1265492.25   | 0.28%             | 2034-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                                | CUSIP: 944514ZX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5865000 | PA      | $6097057.52   | 1.33%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2032 @                                | CUSIP: 944514ZZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2945000 | PA      | $3044214.11   | 0.66%             | 2032-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2039 @                                 | CUSIP: 373695AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033481.80   | 0.23%             | 2039-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YPSILANTI MICH SCH DIST                                                        | YPSILANTI MI SD 5% 5/1/32                                     | CUSIP: 987864NU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036209.40   | 0.44%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TECHNOLOGICAL UNIV                                                    | MICH TECH UNIV 4% 10/1/2046                                   | CUSIP: 594746PY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2492032.76   | 0.54%             | 2046-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS 2.125% 10/1/2036                               | CUSIP: 59465PAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1373559.97   | 0.30%             | 2036-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| WOODHAVEN BROWNSTOWN MI SD                                                     | WOODHAVEN BROWN 3% 11/1/2046                                  | CUSIP: 97942NGK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $724986.20    | 0.16%             | 2046-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS 2.45% 10/1/2046                                | CUSIP: 59465PAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1299655.80   | 0.28%             | 2046-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES WTR MI 5% 7/1/2027                                   | CUSIP: 39081HAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15306.93     | 0.00%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU D1 5% 7/1/2034                                | CUSIP: 59447TFX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251617.75   | 0.27%             | 2034-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2031                                  | CUSIP: 958638XP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $164766.33    | 0.04%             | 2031-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3.50% 12/1/2050                                   | CUSIP: 594654JK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1966432.06   | 0.43%             | 2050-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2049                                   | CUSIP: 59447TL76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $6039814.78   | 1.32%             | 2049-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2034                                    | CUSIP: 084482CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $341478.72    | 0.07%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GENESEE MI WATER SUPPLY SYSTEM REVENUE                               | COUNTY OF GENES 5% 11/1/2038                                  | CUSIP: 371646AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $859095.92    | 0.19%             | 2038-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2046 @                                | CUSIP: 944514F29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1265916.29   | 0.28%             | 2046-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/29                                     | CUSIP: 59447TND1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009462.50   | 0.22%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FOREST HILLS MI PUB SCHS                                                       | FOREST HILLS MI 5% 5/1/2045                                   | CUSIP: 345748F36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3134359.80   | 0.68%             | 2045-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2029                                    | CUSIP: 533883MW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1455770.75   | 0.32%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2032                                    | CUSIP: 533883MZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016775.80   | 0.22%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2029 @                                   | CUSIP: 594698QF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36253.48     | 0.01%             | 2029-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4.25% 12/31/2038@                                | CUSIP: 594698QS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5840000 | PA      | $5647399.72   | 1.23%             | 2038-12-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2032 @                                  | CUSIP: 594698QN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1918937.44   | 0.42%             | 2032-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2045                                | CUSIP: 39081JKM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4172466.00   | 0.91%             | 2045-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA VALLEY MI SCHS                                                        | CHIPPEWA MI SD 5% 5/1/34                                      | CUSIP: 170016ZT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1080703.74   | 0.24%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2038                                     | CUSIP: 2510934L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $513097.96    | 0.11%             | 2038-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2031 @                                   | CUSIP: 594698QK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $546603.26    | 0.12%             | 2031-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2048                                    | CUSIP: 251135HU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007535.00   | 0.22%             | 2048-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2043                                | CUSIP: 39081JJN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591525.35   | 0.35%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 7/1/26                                     | CUSIP: 59447TFB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570839.78    | 0.12%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 4% 5/1/2031                                    | CUSIP: 084482DS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $562733.44    | 0.12%             | 2031-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MACOMB INTERCEPTOR DRAIN DRAINAGE DISTRICT                                     | MACOMB INTERCEP 5% 5/1/2034                                   | CUSIP: 55539PCN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1799039.90   | 0.39%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2033 @                                   | CUSIP: 594698QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2469827.75   | 0.54%             | 2033-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WOODHAVEN BROWNSTOWN MI SD                                                     | WOODHAVEN BROWN 5% 5/1/2055                                   | CUSIP: 97942NHQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002240.00   | 0.22%             | 2055-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2037                                   | CUSIP: 59447TL35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1901772.20   | 0.41%             | 2037-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 11/1/2037                                  | CUSIP: 594479JJ7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008417.20   | 0.44%             | 2037-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2031                                    | CUSIP: 533883MY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508429.40    | 0.11%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 7/1/2034                                   | CUSIP: 59447TGA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000038.60   | 0.22%             | 2034-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2037                                    | CUSIP: 084482DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1186765.06   | 0.26%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UTICA MI CMNTY SCHS                                                            | UTICA MI CSD 5% 5/1/2039                                      | CUSIP: 9176612L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1351988.38   | 0.29%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 5.25% 4/15/2059                                       | CUSIP: 594615MP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3099957.90   | 0.68%             | 2059-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2043 @                             | CUSIP: 944514K98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $713872.98    | 0.16%             | 2043-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| YPSILANTI MICH SCH DIST                                                        | YPSILANTI MI SD 5% 5/1/29                                     | CUSIP: 987864NR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1329060.68   | 0.29%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 6/1/2040                                   | CUSIP: 59447TG80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3036615.60   | 0.66%             | 2040-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS 2.55% 10/1/2051                                | CUSIP: 59465PAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $1279435.15   | 0.28%             | 2051-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT(MI-WL 12/17/87) 5.5% 6/1/53                       | CUSIP: 594654SG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2081997.01   | 0.45%             | 2053-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2038                                    | CUSIP: 084482DB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $628019.72    | 0.14%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2033                                    | CUSIP: 084482CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $566326.15    | 0.12%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2031                                    | CUSIP: 084482CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $500786.87    | 0.11%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 4% 5/1/2033                                    | CUSIP: 084482DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $220652.19    | 0.05%             | 2033-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2037                                     | CUSIP: 2510934K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $489806.63    | 0.11%             | 2037-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2039                                   | CUSIP: 665398NN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $877149.90    | 0.19%             | 2039-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTH.                                                               | GUAM POWER AUTH 5% 10/1/2044 Q                                | CUSIP: 400653KK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006833.70   | 0.22%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2036                                   | CUSIP: 516444UR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $833734.19    | 0.18%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2029 @                                 | CUSIP: 373695AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $559161.91    | 0.12%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH ACT 38 FACSSR REV                                            | MICHIGAN FIN 5.25% 2/29/2040                                  | CUSIP: 59447NAX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $630414.78    | 0.14%             | 2040-02-29      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST TRUNK LINE FD                                                      | MI ST TRUNK FD 5% 11/15/2035                                  | CUSIP: 5946954D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4845000 | PA      | $5408193.94   | 1.18%             | 2035-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 5% 11/15/2036                                   | CUSIP: 946303J54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1327972.32   | 0.29%             | 2036-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/31                                     | CUSIP: 571498CT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $792075.26    | 0.17%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2035                                    | CUSIP: 091212JD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $496748.34    | 0.11%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.75% 7/1/2031                                          | CUSIP: 74514L3J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1520861.25   | 0.33%             | 2031-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 4% 11/15/2039                                   | CUSIP: 946303G32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951164.00   | 0.43%             | 2039-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2038                                  | CUSIP: 958638XW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $654325.81    | 0.14%             | 2038-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5.25% 7/1/2043                                | CUSIP: 39081HHL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $568665.36    | 0.12%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/31                                     | CUSIP: 59447TNF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1180269.68   | 0.26%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2037                                  | CUSIP: 386545MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1407066.38   | 0.31%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FARMINGTON MICH PUB SCH DIST                                                   | FARMINGTON PUBI 4% 5/1/2040                                   | CUSIP: 311261UU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2910325.20   | 0.63%             | 2040-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HOLLAND MI SCH DIST                                                            | HOLLAND MICH 4% 11/1/2040                                     | CUSIP: 435236LN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1861910.65   | 0.41%             | 2040-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2038                                    | CUSIP: 091212JG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $644456.88    | 0.14%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2049 @                                 | CUSIP: 373695CE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3032912.54   | 0.66%             | 2049-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO CNTY MICH                                                            | KALAM MI 2% 5/1/2038                                          | CUSIP: 483195ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1184227.40   | 0.26%             | 2038-05-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 2/15/2044                                  | CUSIP: 59447TVA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4140000 | PA      | $3735953.80   | 0.81%             | 2044-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 5% 10/15/2037                                         | CUSIP: 594615LJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086705.00   | 0.24%             | 2037-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GROSSE POINTE MI PUB SCH SYS                                                   | GROSSE PT PSS 3% 5/1/2033                                     | CUSIP: 399100LM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $945609.70    | 0.21%             | 2033-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037                                  | CUSIP: 944514VH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $551536.08    | 0.12%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2034 @                                 | CUSIP: 373695AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074340.60   | 0.23%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.45% 9/1/2030                                   | CUSIP: 594698SQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1724385.40   | 0.38%             | 2030-09-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2039 @                             | CUSIP: 944514K56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $689062.76    | 0.15%             | 2039-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST                                                                    | MI ST 4% 5/15/2040                                            | CUSIP: 594612ER0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494048.15    | 0.11%             | 2040-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2031 @                                  | CUSIP: 594698QL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3305367.17   | 0.72%             | 2031-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2040                                      | CUSIP: 786744JF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $453827.02    | 0.10%             | 2040-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2044                                   | CUSIP: 315361MW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1034625.92   | 0.23%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2033                                   | CUSIP: 665398NG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $393554.32    | 0.09%             | 2033-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2042 @                             | CUSIP: 944514K80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $850581.92    | 0.19%             | 2042-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2037 @                                 | CUSIP: 373695AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $734204.94    | 0.16%             | 2037-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA VALLEY MI SCHS                                                        | CHIPPEWA MI SD 5% 5/1/32                                      | CUSIP: 170016ZR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005807.30   | 0.22%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU SRC 5% 7/1/28                                 | CUSIP: 59447TFD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502209.95   | 0.33%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2046                                   | CUSIP: 665398NR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1615035.02   | 0.35%             | 2046-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 6% 5/1/2043                                        | CUSIP: 2510936E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1618274.25   | 0.35%             | 2043-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2048                                 | CUSIP: 59447TUH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11850000 | PA      | $11631328.40  | 2.53%             | 2048-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.75% 12/1/2050 @                             | CUSIP: 944514U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2800544.12   | 0.61%             | 2050-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2027                                  | CUSIP: 944514YA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1535925.99   | 0.33%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2041 @                             | CUSIP: 944514U30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $856758.88    | 0.19%             | 2041-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2036                                    | CUSIP: 084482CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $601504.22    | 0.13%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                                | CUSIP: 944514P44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1360353.39   | 0.30%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 4% 7/1/2036                                     | CUSIP: 74527EFS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $182821.86    | 0.04%             | 2036-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND MT 3.875% 6/1/2053 @                             | CUSIP: 594698TD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6750079.00   | 1.47%             | 2053-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI PUB SCHS                                                       | GRAND RAPIDS MI 5% 5/1/29                                     | CUSIP: 386280QV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $496749.26    | 0.11%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/33                                     | CUSIP: 571498CV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $714941.63    | 0.16%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2032                                   | CUSIP: 516444UM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $648264.14    | 0.14%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 3% 10/15/2045                                         | CUSIP: 594615HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8670000 | PA      | $6601598.97   | 1.44%             | 2045-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2030                                    | CUSIP: 084482CT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $411764.44    | 0.09%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2025 @                                  | CUSIP: 594698PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2211376.64   | 0.48%             | 2025-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2035                                     | CUSIP: 935341G27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1266625.88   | 0.28%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                       | LANSING MI WTR 5% 7/1/2026                                    | CUSIP: 516391ER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $639200.25    | 0.14%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.25% 12/1/2037 @                             | CUSIP: 944514Q35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $967095.00    | 0.21%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MICH                                                                    | WARREN MICHIGAN 5% 6/1/2039                                   | CUSIP: 935325DW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1393649.66   | 0.30%             | 2039-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.50% 7/1/2055                                | CUSIP: 39081JKP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $628934.46    | 0.14%             | 2055-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2032                                  | CUSIP: 958638XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327608.91    | 0.07%             | 2032-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2032                                     | CUSIP: 935341J73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1154451.98   | 0.25%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2041                                    | CUSIP: 084482DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $820205.98    | 0.18%             | 2041-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE MICH CITY SCH DIST                                                   | WYANDOTTE MICH 5% 5/1/2040                                    | CUSIP: 982781JW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $322694.19    | 0.07%             | 2040-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVS                                                          | MI ST UNIV 5.25% 2/15/2050                                    | CUSIP: 594712C66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2233962.66   | 0.49%             | 2050-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2036                                  | CUSIP: 59447TSJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1291254.25   | 0.28%             | 2036-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2038                                  | CUSIP: 59447TSL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1631160.25   | 0.36%             | 2038-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4% 5/15/2027                                     | CUSIP: 594698RQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $274101.85    | 0.06%             | 2027-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2036                                     | CUSIP: 935341S65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $562223.05    | 0.12%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3% 6/1/2051                                       | CUSIP: 594654LR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1792208.05   | 0.39%             | 2051-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2044                                | CUSIP: 39081JKL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1430090.43   | 0.31%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/30                                     | CUSIP: 571498CS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $914554.71    | 0.20%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GENESEE MI WATER SUPPLY SYSTEM REVENUE                               | COUNTY OF GENESEE MI WATER SUPPLY SYSTEM REVENUE 5% 11/1/2037 | CUSIP: 371646AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082502.60   | 0.24%             | 2037-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 11/1/2055                                  | CUSIP: 59447TP72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2100798.25   | 0.46%             | 2055-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 AMT                              | CUSIP: 944514RM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $860330.50    | 0.19%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5.25% 7/1/2044                                | CUSIP: 39081HHM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1781065.01   | 0.39%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.25% 12/1/2037 @                             | CUSIP: 944514K31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074550.00   | 0.23%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND UNV MI 5% 3/1/28                                      | CUSIP: 673588GV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1163496.17   | 0.25%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2035                                    | CUSIP: 26111PAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519764.45    | 0.11%             | 2035-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2034                                   | CUSIP: 386289LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $572881.38    | 0.12%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 5% 11/1/2032                                   | CUSIP: 735779MS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2538624.25   | 0.55%             | 2032-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE MICH CITY SCH DIST                                                   | WYANDOTTE MICH 5% 5/1/2041                                    | CUSIP: 982781JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $399436.80    | 0.09%             | 2041-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 9/1/2038                                   | CUSIP: 594479GE1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1299975.30   | 0.28%             | 2038-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLINT MI HOSP BLDG AUTH REV                                                    | FLINT MI BLDG 4% 7/1/2038                                     | CUSIP: 339511EX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1683823.14   | 0.37%             | 2038-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.35% 10/1/2049                               | CUSIP: 59465M6M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2288113.20   | 0.50%             | 2049-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2041 @                             | CUSIP: 944514K72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1805182.79   | 0.39%             | 2041-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2034                                  | CUSIP: 386545MN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1114320.28   | 0.24%             | 2034-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2036                                  | CUSIP: 944514UF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5760000 | PA      | $5771226.24   | 1.26%             | 2036-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2031 Q                               | CUSIP: 491740FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $892600.65    | 0.19%             | 2031-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 4% 12/1/2048                                      | CUSIP: 594654CM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $411014.34    | 0.09%             | 2048-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                   | Fidelity Municipal Cash Central Fund                          | CUSIP: 31635A204<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  15938030 | NS      | $15941217.35  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV/AGM 5.25% 11/15/54                             | CUSIP: 958638B64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031093.90   | 0.22%             | 2054-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2028 @                                  | CUSIP: 594698QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $456204.45    | 0.10%             | 2028-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 5/1/2039                                        | CUSIP: 2510936V7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3850130.83   | 0.84%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2027 @                                 | CUSIP: 373695AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $334667.22    | 0.07%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 5% 6/1/2053                                       | CUSIP: 594654RG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1834005.32   | 0.40%             | 2053-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 11/1/2033                                  | CUSIP: 594479JE8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1303186.75   | 0.28%             | 2033-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH                                                                   | LANSING MICH 4% 6/1/2040                                      | CUSIP: 516372TW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4810000 | PA      | $4575061.80   | 1.00%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GROSSE POINTE PARK MICH                                                        | GROSS MI 2.375% 10/1/2039                                     | CUSIP: 399136CF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $377845.33    | 0.08%             | 2039-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2038                                   | CUSIP: 516444UT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1516059.72   | 0.33%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2043                                   | CUSIP: 315361MV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1759332.92   | 0.38%             | 2043-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2029                                  | CUSIP: 944514S74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $599010.97    | 0.13%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 6% 6/1/2054                                       | CUSIP: 594654WT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2603877.27   | 0.57%             | 2054-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 5/15/2044                                     | CUSIP: 594698RS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1402944.75   | 0.31%             | 2044-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 @                                | CUSIP: 944514ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2929406.07   | 0.64%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.75% 10/1/2042                               | CUSIP: 59465M3J2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1790922.00   | 0.39%             | 2042-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH ACT 38 FACSSR REV                                            | MICHIGAN FIN 5% 2/28/2038                                     | CUSIP: 59447NAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1807047.13   | 0.39%             | 2038-02-28      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2028 @                                 | CUSIP: 373695AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $246636.10    | 0.05%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2028                                  | CUSIP: 483233RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $787833.69    | 0.17%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2030 @                                  | CUSIP: 594698QJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4080000 | PA      | $4212338.88   | 0.92%             | 2030-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MATTAWAN CONSOLIDATED SCHOOL DISTRICT/MI                                       | MATTAWAN CONSOL 5% 5/1/2054                                   | CUSIP: 577056MR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011419.60   | 0.22%             | 2054-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2043 Q                               | CUSIP: 491740FB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1829317.28   | 0.40%             | 2043-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSE CREUSE MICH PUB SCH                                                      | LANSE CREUSE 5% 5/1/2049                                      | CUSIP: 516228TM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2838691.35   | 0.62%             | 2049-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2029                                   | CUSIP: 39081JHY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541774.60    | 0.12%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3.80% 12/1/2033                                   | CUSIP: 594654TD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1501715.72   | 0.33%             | 2033-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 1.20% MT                                      | CUSIP: 59447TU68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4190000 | PA      | $3932634.28   | 0.86%             | 2038-10-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2032                                     | CUSIP: 74527EFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $378590.83    | 0.08%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRANDVILLE MICH PUB SCHS DIST                                                  | GRANDVILLE MICH 4% 5/1/2040                                   | CUSIP: 386892RQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1272331.84   | 0.28%             | 2040-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SEW DISP REV                                                        | DETROIT MI SWR 5% NATL 7/1/2036                               | CUSIP: 2512377P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10017.79     | 0.00%             | 2036-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2029                                 | CUSIP: 59447TME0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $5060480.04   | 1.10%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2033                                    | CUSIP: 26111PAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $768750.47    | 0.17%             | 2033-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 3% 9/1/2050                                   | CUSIP: 594479GK7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2320000 | PA      | $1536746.66   | 0.33%             | 2050-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2030                                  | CUSIP: 483233RF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $5041279.74   | 1.10%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/33                                     | CUSIP: 59447TNH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1929057.63   | 0.42%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2042                                   | CUSIP: 594479HP5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $929558.78    | 0.20%             | 2042-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 0% 7/1/2033                                             | CUSIP: 74514L3R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1643730 | PA      | $1136360.52   | 0.25%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2028 PRE                              | CUSIP: 483233QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5088.27      | 0.00%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                                | CUSIP: 944514S82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $591948.57    | 0.13%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 4.25% 6/1/2049                                    | CUSIP: 594654DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1046862.13   | 0.23%             | 2049-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2029                                   | CUSIP: 39081JHL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1354436.50   | 0.30%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2043                                | CUSIP: 39081JKK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3443584.68   | 0.75%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2036                                   | CUSIP: 665398NK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $422226.60    | 0.09%             | 2036-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2035                                  | CUSIP: 59447TSH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037184.10   | 0.23%             | 2035-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 5/1/2038                                        | CUSIP: 2510936U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3691033.28   | 0.80%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 12/1/2049                                  | CUSIP: 59447TXH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8180000 | PA      | $6961620.90   | 1.52%             | 2049-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2029 AMT                              | CUSIP: 944514RK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $720318.67    | 0.16%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLINT MI HOSP BLDG AUTH REV                                                    | FLINT MI BLDG 4% 7/1/2041                                     | CUSIP: 339511EY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1262142.99   | 0.28%             | 2041-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2040                                   | CUSIP: 59447TL68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1832687.00   | 0.40%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2030                                   | CUSIP: 39081JHZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $960519.44    | 0.21%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2036                                  | CUSIP: 594479EB9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    690000 | PA      | $686462.85    | 0.15%             | 2036-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2033 @                                  | CUSIP: 594698QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042408.00   | 0.45%             | 2033-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH ACT 38 FACSSR REV                                            | MICHIGAN FIN 5% 2/28/2039                                     | CUSIP: 59447NAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052256.70   | 0.23%             | 2039-02-28      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2049                                   | CUSIP: 315361MY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032230.20   | 0.44%             | 2049-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2030                                 | CUSIP: 59447TMF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4545000 | PA      | $4639171.49   | 1.01%             | 2030-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO CNTY MICH                                                            | KALAM MI 3% 5/1/2030                                          | CUSIP: 483195ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1685027.34   | 0.37%             | 2030-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2038                                  | CUSIP: 944514C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1314825.00   | 0.29%             | 2038-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 4% 5/1/2029                                    | CUSIP: 084482DQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $625573.38    | 0.14%             | 2029-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH REV                                                  | MI HOSP 4% 11/15/2047 PRE                                     | CUSIP: 59465HWM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $274601.39    | 0.06%             | 2047-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2035                                | CUSIP: 39081JAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031184.40   | 0.44%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4% MT@                                           | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4971795.00   | 1.08%             | 2061-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2028                                 | CUSIP: 59447TMD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2719213.30   | 0.59%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2045                                   | CUSIP: 315361MX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $817798.56    | 0.18%             | 2045-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2032                                    | CUSIP: 084482CV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $449701.12    | 0.10%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 6.25% 12/1/2055                                   | CUSIP: 594654C94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2210119.60   | 0.48%             | 2055-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/32                                     | CUSIP: 571498CU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014889.60   | 0.22%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.35% 8/1/2029                                   | CUSIP: 594698SP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1780090.80   | 0.39%             | 2029-08-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2027                                   | CUSIP: 594479HM2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99601.39     | 0.02%             | 2027-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 3% 10/15/2051                                         | CUSIP: 594615JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1248069.83   | 0.27%             | 2051-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/31                                     | CUSIP: 386316MY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252696.60    | 0.06%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.25% 12/1/2038 @                             | CUSIP: 944514K49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $958319.91    | 0.21%             | 2038-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(MCLAREN HLTHCRE) 4% 2/15/50                   | CUSIP: 59447TVE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6530000 | PA      | $5633052.91   | 1.23%             | 2050-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2040                                  | CUSIP: 958638XY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $659502.81    | 0.14%             | 2040-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2035                                     | CUSIP: 2510934H0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1107122.64   | 0.24%             | 2035-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HOLLAND MI SCH DIST                                                            | HOLLAND MICH 4% 11/1/2039                                     | CUSIP: 435236LM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1801827.54   | 0.39%             | 2039-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2036                                  | CUSIP: 958638XU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $424742.76    | 0.09%             | 2036-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI                                                                | GRAND RPDS MICH 5% 4/1/2055                                   | CUSIP: 386226P73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029125.40   | 0.44%             | 2055-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2030                                     | CUSIP: 74527EFL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $888158.46    | 0.19%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2036                                    | CUSIP: 091212JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327792.06    | 0.07%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 5% 11/15/2035                                   | CUSIP: 946303J47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116344.90   | 0.24%             | 2035-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2032 @                                 | CUSIP: 373695AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $792464.22    | 0.17%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2035                                   | CUSIP: 516444UQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $786292.71    | 0.17%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2037                                    | CUSIP: 091212JF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $303474.05    | 0.07%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037 @                                | CUSIP: 944514E53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1557699.34   | 0.34%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.625% 7/1/2029                                         | CUSIP: 74514L3H8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $627611.12    | 0.14%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer