# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-039688
**Filing Date:** 2023-2
**Character Count:** 110086
**Document Hash:** 9c6d9f2d9e1467164ecee983f20c2ef3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039688.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039688

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23665925

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Minnesota Tax-Free Fund (Series ID: S000007392)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020279 | Class C             | WMTCX           |
| C000020281 | Class A             | NMTFX           |
| C000020283 | Administrator Class | NWMIX           |
| C000176497 | Institutional Class | WMTIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Minnesota Tax-Free Fund

- **b. EDGAR series identifier (if any):** S000007392

- **c. LEI of Series:** 549300PT68203CHV4E10

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $186446490.98

**Total Liabilities:** $789304.10

**Net Assets:** $185657186.88

**Cash Not Reported:** $4287904.17

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -251.88000000 | **1-Year:** -9795.78000000 | **5-Year:** -31527.61000000 | **10-Year:** -23915.32000000 | **30-Year:** -4219.42000000

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

- **3-Month:** -29.51000000 | **1-Year:** -1309.74000000 | **5-Year:** -3000.52000000 | **10-Year:** -2999.40000000 | **30-Year:** -638.41000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020281 | -0.44%               | 3.15%                | 0.07%                |
| Class ID C000020283 | -0.42%               | 3.17%                | 0.09%                |
| Class ID C000176497 | -0.51%               | 3.28%                | 0.10%                |
| Class ID C000020279 | -0.50%               | 3.09%                | 0.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-522339.03              | $-651815.37                                |
| Month 2  | $0.00                    | $5501994.89                                |
| Month 3  | $-200.64                 | $-59815.69                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Lake Agassiz Education Cooperative No 0397-52                                   | LAKE AGASSIZ EDU COOPERATIVE #0397-52 MN COPS                | CUSIP: 507421AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $277065.01    | 0.15%             | 2028-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH HLTH CARE FAC REVENUE         | CUSIP: 792905DC2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    225000 | PA      | $234108.52    | 0.13%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of White Bear Lake MN                                                      | WHITE BEAR LAKE MN REVENUE                                   | CUSIP: 96345PAP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074072.00   | 0.58%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416H7E8<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018327.90   | 0.55%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Special School District No 1                                        | MINNEAPOLIS MN SPL SCH DIST #1 COPS                          | CUSIP: 603792UU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307699.05    | 0.17%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Moorhead MN                                                             | MOORHEAD MN                                                  | CUSIP: 616142LK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $450919.09    | 0.24%             | 2027-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN Electric Utility Revenue                                   | ROCHESTER MN ELEC UTILITY REVENUE                            | CUSIP: 77158PGD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530809.75    | 0.29%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                           | HENNEPIN CNTY MN                                             | CUSIP: 425507DV9<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063884.60   | 0.57%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JCC2<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    750000 | PA      | $787305.75    | 0.42%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TGX0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1450931.55   | 0.78%             | 2024-02-01      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                           | HENNEPIN CNTY MN                                             | CUSIP: 425507HL7<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1422869.49   | 0.77%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TXX1<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3185829.46   | 1.72%             | 2037-07-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| City of Deephaven MN                                                            | DEEPHAVEN MN CHARTER SCH LEASE REVENUE                       | CUSIP: 24380HBE1<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96605.62     | 0.05%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plymouth Intermediate District No 287                                           | INTERMEDIATE SCH DIST #287 MN COPS                           | CUSIP: 458934BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510654.10    | 0.28%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827H66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025164.20   | 0.55%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plymouth Intermediate District No 287                                           | PLYMOUTH MN INTERMEDIATE SCH DIST #287 COPS                  | CUSIP: 729781DW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131121.84    | 0.07%             | 2024-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH LEASE REVENUE                 | CUSIP: 79289TER9<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    150000 | PA      | $141743.75    | 0.08%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rosemount-Apple Valley-Eagan Independent School District No 196                 | ROSEMOUNT MN INDEP SCH DIST #196                             | CUSIP: 777594YX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1606588.50   | 0.87%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District No 276                                   | MINNETONKA MN INDEP SCH DIST #276 COPS                       | CUSIP: 604204PK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205301.78    | 0.11%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Red Lake County Central Independent School District No 2906                     | RED LAKE CNTY CENTRL INDEP SCH DIST #2906 SCH BLDG           | CUSIP: 756627AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $361747.80    | 0.19%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Minnesota Municipal Power Agency                                        | CENTRL MN MUNI PWR AGY                                       | CUSIP: 154136AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $236822.38    | 0.13%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827VZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $814581.76    | 0.44%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Maple Grove MN                                                          | MAPLE GROVE MN HLTH CARE FACS REVENUE                        | CUSIP: 56516TBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520424.55    | 0.28%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chaska MN                                                               | CHASKA MN                                                    | CUSIP: 161664MK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $279538.40    | 0.15%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency                                       | STHRN MINNESOTA ST MUNI PWR AGY                              | CUSIP: 84338FAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $631023.29    | 0.34%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH HLTH CARE FAC REVENUE         | CUSIP: 792905CZ2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    520000 | PA      | $542415.69    | 0.29%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416H3Y8<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1173168.63   | 0.63%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plymouth Intermediate District No 287                                           | PLYMOUTH MN INTERMEDIATE SCH DIST #287 COPS                  | CUSIP: 729781DV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $230103.85    | 0.12%             | 2023-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416HYV0<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400057.40    | 0.22%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Worthington Independent School District No 518                                  | WORTHINGTON MN INDEP SCH DIST#518                            | CUSIP: 981865KR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $577449.69    | 0.31%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Red Lake County Central Independent School District No 2906                     | RED LAKE CNTY CENTRL INDEP SCH DIST #2906 SCH BLDG           | CUSIP: 756627AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $191033.87    | 0.10%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN/St Paul Housing & Redevelopment Authority                | MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE    | CUSIP: 603695JJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $237957.03    | 0.13%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No 709                                       | DULUTH MN INDEP SCH DIST #709                                | CUSIP: 264471LN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $721180.52    | 0.39%             | 2033-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Elk River MN                                                            | ELK RIVER MN                                                 | CUSIP: 2874072V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1670042.00   | 0.90%             | 2044-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH LEASE REVENUE                 | CUSIP: 79289TFE7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1542285.71   | 0.83%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JEQ9<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $189325.04    | 0.10%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nashwauk Keewatin Independent School District No 319                            | NASHWAUK KEEWATIN MN INDEP SCH DIST #319                     | CUSIP: 631500CN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $282771.98    | 0.15%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hastings Independent School District No 200                                     | HASTINGS MN INDEP SCH DIST #200                              | CUSIP: 418542PT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $947473.33    | 0.51%             | 2032-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Minnesota Municipal Power Agency                                        | CENTRL MN MUNI PWR AGY                                       | CUSIP: 154136AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $350484.97    | 0.19%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444JK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500694.20    | 0.27%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452CA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $241319.08    | 0.13%             | 2031-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                            | MINNESOTA ST OFFICE OF HGR EDU REVENUE                       | CUSIP: 60416MBL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $842972.71    | 0.45%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Cloud Independent School District No 742/MN                                  | ST CLOUD MINN INDPT SCH DISTNO 742 CTFS PARTN                | CUSIP: 789182CE0<br>LEI: 549300777B7XVMYHUU90 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519889.80    | 0.28%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN                                               | CUSIP: 78916B7V0<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    245000 | PA      | $257374.14    | 0.14%             | 2028-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency                                       | STHRN MINNESOTA ST MUNI PWR AGY PWR SPLY SYS REVENUE         | CUSIP: 843375C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $502084.94    | 0.27%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                         | UNIV OF MINNESOTA MN                                         | CUSIP: 914460QL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $820890.53    | 0.44%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency                                       | STHRN MINNESOTA ST MUNI PWR AGY                              | CUSIP: 84338FAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $691616.02    | 0.37%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | ST CLOUD MN CHRT SCH LEASE REVENUE                           | CUSIP: 788326AC0<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    750000 | PA      | $612237.98    | 0.33%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452BJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $304103.91    | 0.16%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VDS9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2071388.60   | 1.12%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                          | SAINT PAUL MN PORT AUTH DIST ENERGY REVENUE                  | CUSIP: 79308GAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $415302.80    | 0.22%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN/St Paul Housing & Redevelopment Authority                | MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE    | CUSIP: 603695JC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080653.20   | 0.58%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Worthington Independent School District No 518                                  | WORTHINGTON MN INDEP SCH DIST#518                            | CUSIP: 981865KN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $459353.71    | 0.25%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN Electric Utility Revenue                                   | ROCHESTER MN ELEC UTILITY REVENUE                            | CUSIP: 77158PDH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254798.85    | 0.14%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $328890.48    | 0.18%             | 2031-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416S6E5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    490000 | PA      | $444866.88    | 0.24%             | 2028-07-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| City of Deephaven MN                                                            | DEEPHAVEN MN CHARTER SCH LEASE REVENUE                       | CUSIP: 24380HAR3<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    500000 | PA      | $491276.90    | 0.26%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN HLTH CARE REVENUE                             | CUSIP: 78916VDL1<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1885607.42   | 1.02%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416THZ4<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    320000 | PA      | $361786.56    | 0.19%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN                                               | CUSIP: 78916B7K4<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    460000 | PA      | $483233.08    | 0.26%             | 2028-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plymouth Intermediate District No 287                                           | INTERMEDIATE SCH DIST #287 MN COPS                           | CUSIP: 458934BG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020876.50   | 0.55%             | 2027-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus MN                                                             | COLUMBUS MN CHRT SCH LEASE REVENUE                           | CUSIP: 199340AB6<br>LEI: 549300GVOKSE82SHJK80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $965503.60    | 0.52%             | 2030-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN Electric Utility Revenue                                   | ROCHESTER MN ELEC UTILITY REVENUE                            | CUSIP: 77158PDG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $321046.55    | 0.17%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                        | CUSIP: 400653JR3<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    500000 | PA      | $524548.60    | 0.28%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shakopee Independent School District No 720                                     | SHAKOPEE MN INDEP SCH DIST #720                              | CUSIP: 819190VC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $423107.35    | 0.23%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anoka-Hennepin Independent School District No 11                                | ANOKA-HENNEPIN MN INDEP SCH DIST #11 COPS                    | CUSIP: 036312AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019005.10   | 0.55%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Worthington Independent School District No 518                                  | WORTHINGTON MN INDEP SCH DIST#518                            | CUSIP: 981865KQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $552550.39    | 0.30%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Deephaven MN                                                            | DEEPHAVEN MN CHARTER SCH LEASE REVENUE                       | CUSIP: 24380HBC5<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122907.05    | 0.07%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153CK3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506938.45    | 0.27%             | 2024-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH PKG ENTERPRISE REVENUE        | CUSIP: 79289WAJ4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    525000 | PA      | $535653.62    | 0.29%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JCD0<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    515000 | PA      | $491928.00    | 0.26%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297AK6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |     45000 | PA      | $44839.66     | 0.02%             | 2023-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Ramsey MN                                                               | RAMSEY MN CHRT SCH LEASE REVENUE                             | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974339.70    | 0.52%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                  | MINNESOTA MUNI GAS AGY COMMODITY SPLY REVENUE                | CUSIP: 60406UAM9<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3008640.30   | 1.62%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chaska MN                                                               | CHASKA MN                                                    | CUSIP: 161664ML8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $260778.69    | 0.14%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN                                               | CUSIP: 78916B7M0<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    495000 | PA      | $519776.93    | 0.28%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chaska MN                                                               | CHASKA MN                                                    | CUSIP: 161664MJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $258794.74    | 0.14%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN/St Paul Housing & Redevelopment Authority                | MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE    | CUSIP: 603695JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123669.50   | 0.61%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marshall County Independent School District No 441                              | NEWFOLDEN MN INDEP SCH DIST #441                             | CUSIP: 651308CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $275277.25    | 0.15%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $816733.09    | 0.44%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JFY1<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    775000 | PA      | $833373.54    | 0.45%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827B47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $557669.20    | 0.30%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                           | HENNEPIN CNTY MN                                             | CUSIP: 425507GX2<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2375000.00   | 1.28%             | 2038-12-01      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| Minnesota State Colleges And Universities Foundation                            | MINNESOTA ST CLGS & UNIV REVENUE                             | CUSIP: 60414FQC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545547.95    | 0.29%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN                                               | CUSIP: 78916B7X6<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    260000 | PA      | $273014.14    | 0.15%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN Senior Housing Revenue                                      | SHAKOPEE MN SENIORHSG REVENUE                                | CUSIP: 81919TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $732041.92    | 0.39%             | 2058-11-01      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN HLTH CARE REVENUE                             | CUSIP: 78916VDP2<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101917.60   | 1.13%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297AW0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    925000 | PA      | $877194.15    | 0.47%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                           | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2518310.75   | 1.36%             | 2053-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JBJ8<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038884.20   | 1.10%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North St Paul-Maplewood-Oakdale Independent School District No 622              | N SAINT PAUL-MAPLEWOOD-OAKDALE MN INDEP SCH DIST #622        | CUSIP: 662152FP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2877757.15   | 1.55%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN                                                             | SHAKOPEE MN HLTH CARE FACS REVENUE                           | CUSIP: 819175BH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $739389.51    | 0.40%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444KY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105016.81    | 0.06%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No 709                                       | DULUTH MN INDEP SCH DIST #709 COPS                           | CUSIP: 264474HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $762241.06    | 0.41%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416SYR5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    595000 | PA      | $594257.26    | 0.32%             | 2045-01-01      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                         | UNIV OF MINNESOTA MN                                         | CUSIP: 914468FP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $601636.85    | 0.32%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                          | SAINT PAUL MN PORT AUTH DIST ENERGY REVENUE                  | CUSIP: 79308GAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98239.13     | 0.05%             | 2027-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                        | WSTRN MN MUNI PWR AGY                                        | CUSIP: 958697JA3<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.54%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JEP1<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $192508.76    | 0.10%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Francis Independent School District No 15                                    | SAINT FRANCIS MN INDEP SCH DIST #15                          | CUSIP: 789466SF7<br>LEI: 549300BB7QRM8G4EBA90 | Long             | DBT              | MUN               | US        |    485000 | PA      | $485676.82    | 0.26%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TKF4<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    200000 | PA      | $222512.12    | 0.12%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE               | CUSIP: 40065FCH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $491958.50    | 0.26%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Paul Independent School District No 625                                      | SAINT PAUL MN INDEP SCH DIST #625 COPS                       | CUSIP: 792897JV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2965000 | PA      | $3229494.90   | 1.74%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No 709                                       | DULUTH MN INDEP SCH DIST #709 COPS                           | CUSIP: 264474HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $418381.67    | 0.23%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| White Bear Lake Independent School District No 624                              | WHITE BEAR LAKE MN INDEP SCH DIST #624 COPS                  | CUSIP: 963444AF1<br>LEI: 549300I7BXOUJLASQ618 | Long             | DBT              | MUN               | US        |    830000 | PA      | $884007.44    | 0.48%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No 709                                       | DULUTH MN INDEP SCH DIST #709 COPS                           | CUSIP: 264474JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $689161.62    | 0.37%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444KD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $552146.61    | 0.30%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827WW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $521244.87    | 0.28%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JEJ5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201335.04    | 0.11%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST                                                 | CUSIP: 60412AEE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3599253.60   | 1.94%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Deephaven MN                                                            | DEEPHAVEN MN CHARTER SCH LEASE REVENUE                       | CUSIP: 24380HAQ5<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    400000 | PA      | $398392.44    | 0.21%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Hugo MN                                                                 | HUGO MN CHTR SCH LEASE REVENUE                               | CUSIP: 444584AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $599010.48    | 0.32%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Special School District No 1                                        | MINNEAPOLIS MN SPL SCH DIST #1                               | CUSIP: 603790PN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1155208.12   | 0.62%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                          | SAINT PAUL MN PORT AUTH DIST ENERGY REVENUE                  | CUSIP: 79308GAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467633.35    | 0.25%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Long Prairie MN                                                         | LONG PRAIRIE MN                                              | CUSIP: 542824SP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $166331.98    | 0.09%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Maple Grove MN                                                          | MAPLE GROVE MN HLTH CARE FACS REVENUE                        | CUSIP: 56516TBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523238.35    | 0.28%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444KZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413403.60    | 0.22%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JFL9<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037327.50   | 0.56%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VEF6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019954.20   | 0.55%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VEB5<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1158500.64   | 0.62%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Otsego MN                                                               | OTSEGO CHRT SCH LEASE REVENUE                                | CUSIP: 689149AA0<br>LEI: 549300C7IZXQ4JXHZS47 | Long             | DBT              | MUN               | US        |    190000 | PA      | $186858.10    | 0.10%             | 2024-09-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452152SW2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502494.15    | 0.27%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416SX70<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    300000 | PA      | $313174.62    | 0.17%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Plato MN                                                                | PLATO MN HLTH CARE FACS REVENUE                              | CUSIP: 72766SAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $559164.27    | 0.30%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cologne MN                                                              | COLOGNE MN CHRT SCH LEASE REVENUE                            | CUSIP: 195239AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $587092.60    | 0.32%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeastern Metropolitan Intermediate School District No 916                   | N E MN MET INTERMEDIATE SCH DIST #916 COPS                   | CUSIP: 664259BR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100793.54   | 0.59%             | 2024-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VET6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    975000 | PA      | $943860.84    | 0.51%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JEK2<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    170000 | PA      | $169811.42    | 0.09%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sartell-St Stephen Independent School District No 748                           | SARTELL MN INDEP SCH DIST #748                               | CUSIP: 803820KV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1516024.45   | 0.82%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Maple Grove MN                                                          | MAPLE GROVE MN HLTH CARE FACS REVENUE                        | CUSIP: 56516TBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $891816.43    | 0.48%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN                                               | CUSIP: 78916B7W8<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    255000 | PA      | $267842.06    | 0.14%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Goodhue County Education District No 6051                                       | GOODHUE CNTY MN EDU DIST #6051 COPS                          | CUSIP: 382195AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $766814.03    | 0.41%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN CHARTER SCH LEASE REVENUE                     | CUSIP: 60375CBD5<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    700000 | PA      | $567451.78    | 0.31%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                           | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1416093.49   | 0.76%             | 2058-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN HLTH CARE REVENUE                             | CUSIP: 78916VDM9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1634582.26   | 0.88%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JDA5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2590992.53   | 1.40%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Rural Water Finance Authority Inc                                     | MINNESOTA ST RURAL WTR FIN AUTH                              | CUSIP: 60411PBC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1479621.60   | 0.80%             | 2023-12-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $247680.18    | 0.13%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                  | CUSIP: 452153CY3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510904.00    | 0.28%             | 2037-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Minnesota Municipal Power Agency                                        | CENTRL MN MUNI PWR AGY                                       | CUSIP: 154136AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $396698.54    | 0.21%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Otsego MN                                                               | OTSEGO CHRT SCH LEASE REVENUE                                | CUSIP: 689149AB8<br>LEI: 549300C7IZXQ4JXHZS47 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1043964.24   | 0.56%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency                                       | STHRN MINNESOTA ST MUNI PWR AGY                              | CUSIP: 84338FAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $792954.33    | 0.43%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Special Assessment Revenue                                   | CHICAGO IL SPL ASSMNT                                        | CUSIP: 167686AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $313894.10    | 0.17%             | 2025-12-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297CU2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    750000 | PA      | $637664.18    | 0.34%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254230.65    | 0.14%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $745913.15    | 0.40%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416H6D1<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    500000 | PA      | $544420.70    | 0.29%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                         | UNIV OF MINNESOTA MN                                         | CUSIP: 914460SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $303131.46    | 0.16%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                            | MINNESOTA ST OFFICE OF HGR EDU REVENUE                       | CUSIP: 60416MBR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529556.00    | 0.29%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444KM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $213462.48    | 0.11%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN/St Paul Housing & Redevelopment Authority                | MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE    | CUSIP: 603695JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $693288.96    | 0.37%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416HV27<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    750000 | PA      | $786607.58    | 0.42%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                          | GUAM PORT AUTH PORT REVENUE                                  | CUSIP: 400652AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $635381.89    | 0.34%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brainerd Independent School District No 181                                     | BRAINERD MN INDEP SCH DIST #181                              | CUSIP: 105007NJ3<br>LEI: 549300P1U3THZTOHA392 | Long             | DBT              | MUN               | US        |    225000 | PA      | $227373.73    | 0.12%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Moorhead MN                                                             | MOORHEAD MN EDUCTNL FACS REVENUE                             | CUSIP: 61615DBG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1575899.56   | 0.85%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                        | WSTRN MN MUNI PWR AGY                                        | CUSIP: 958697LK8<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |    625000 | PA      | $708202.75    | 0.38%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                           | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $631646.41    | 0.34%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Douglas MN                                                            | DOUGLAS CNTY MN                                              | CUSIP: 259165TV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1196387.83   | 0.64%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH PKG ENTERPRISE REVENUE        | CUSIP: 79289WAK1<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    545000 | PA      | $554795.07    | 0.30%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Ham Lake MN                                                             | HAM LAKE MN CHRT SCH LEASE REVENUE                           | CUSIP: 406511AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $350886.61    | 0.19%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plymouth Intermediate District No 287                                           | PLYMOUTH MN INTERMEDIATE SCH DIST #287 COPS                  | CUSIP: 729781DX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $218912.38    | 0.12%             | 2025-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416H6B5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    400000 | PA      | $432780.04    | 0.23%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hastings Independent School District No 200                                     | HASTINGS MN INDEP SCH DIST #200                              | CUSIP: 418542PU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $795184.41    | 0.43%             | 2033-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $470091.05    | 0.25%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH HOSP REVENUE                  | CUSIP: 792888KK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058631.60   | 0.57%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Brooklyn Park MN                                                        | BROOKLYN PK MN CHRT SCH LEASE REVENUE                        | CUSIP: 114224AM0<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |    750000 | PA      | $650438.40    | 0.35%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FJJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044214.20   | 0.56%             | 2049-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Nashwauk Keewatin Independent School District No 319                            | NASHWAUK KEEWATIN MN INDEP SCH DIST #319                     | CUSIP: 631500CP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $372737.66    | 0.20%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297CB4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003223.70   | 0.54%             | 2031-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Roseville Independent School District No 623                                    | ROSEVILLE MN INDEP SCH DIST #623                             | CUSIP: 778102U76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2274046.65   | 1.22%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416HU85<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    750000 | PA      | $795069.98    | 0.43%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Becker Independent School District No 726                                       | BECKER MN INDEP SCH DIST #726                                | CUSIP: 075671MW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $192142.19    | 0.10%             | 2024-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JCX6<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $907305.60    | 0.49%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST                                                 | CUSIP: 60412ATS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1944687.68   | 1.05%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $330745.56    | 0.18%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $765684.45    | 0.41%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $243751.03    | 0.13%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Ham Lake MN                                                             | HAM LAKE MN CHRT SCH LEASE REVENUE                           | CUSIP: 406511AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $619460.13    | 0.33%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                           | HENNEPIN CNTY MN                                             | CUSIP: 425507FV7<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2171383.80   | 1.17%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                           | HENNEPIN CNTY MN                                             | CUSIP: 425507GR5<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |    160000 | PA      | $176837.50    | 0.10%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                          | SAINT PAUL MN PORT AUTH DIST ENERGY REVENUE                  | CUSIP: 79308GAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $202017.58    | 0.11%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JAR1<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    410000 | PA      | $391728.27    | 0.21%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Becker Independent School District No 726                                       | BECKER MN INDEP SCH DIST #726                                | CUSIP: 075671MY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103180.23    | 0.06%             | 2026-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                          | SAINT PAUL MN PORT AUTH DIST ENERGY REVENUE                  | CUSIP: 79308GAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199723.00    | 0.11%             | 2023-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hutchinson Utilities Commission                                                 | HUTCHINSON MN PUBLIC UTILITY REVENUE                         | CUSIP: 44835ECE6<br>LEI: 5493006H504KBMJSAU33 | Long             | DBT              | MUN               | US        |    700000 | PA      | $700987.00    | 0.38%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Cloud Independent School District No 742/MN                                  | ST CLOUD MINN INDPT SCH DISTNO 742 CTFS PARTN                | CUSIP: 789182CF7<br>LEI: 549300777B7XVMYHUU90 | Long             | DBT              | MUN               | US        |    350000 | PA      | $363851.22    | 0.20%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                         | UNIV OF MINNESOTA MN                                         | CUSIP: 914460ST8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2157794.40   | 1.16%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST                                                 | CUSIP: 60412AQB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266147.33    | 0.14%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416HU77<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    920000 | PA      | $973956.71    | 0.52%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District No 276                                   | MINNETONKA MN INDEP SCH DIST #276 COPS                       | CUSIP: 604204UJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2278033.11   | 1.23%             | 2042-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Central Minnesota Municipal Power Agency                                        | CENTRL MN MUNI PWR AGY                                       | CUSIP: 154136BD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $344476.37    | 0.19%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JAU4<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    570000 | PA      | $593831.30    | 0.32%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | ST CLOUD MN CHRT SCH LEASE REVENUE                           | CUSIP: 788326AF3<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    355000 | PA      | $333981.02    | 0.18%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827WP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1115616.81   | 0.60%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Deephaven MN                                                            | DEEPHAVEN MN CHARTER SCH LEASE REVENUE                       | CUSIP: 24380HBD3<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97455.74     | 0.05%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297DB3<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    400000 | PA      | $345115.72    | 0.19%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827ZA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031348.60   | 0.56%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Red Lake County Central Independent School District No 2906                     | RED LAKE CNTY CENTRL INDEP SCH DIST #2906 SCH BLDG           | CUSIP: 756627AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $291578.28    | 0.16%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VDY6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069343.50   | 0.58%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH HLTH CARE FAC REVENUE         | CUSIP: 792905DF5<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2082354.37   | 1.12%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444KE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $371533.75    | 0.20%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Prairie MN                                                         | LONG PRAIRIE MN                                              | CUSIP: 542824SQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $196062.76    | 0.11%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shakopee Independent School District No 720                                     | SHAKOPEE MN INDEP SCH DIST #720                              | CUSIP: 819190TJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001456.80   | 0.54%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416SJR2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513610.85    | 0.28%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                 | NTHRN MN MUNI PWR AGY ELEC SYS REVENUE                       | CUSIP: 665444JP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450192.29    | 0.24%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                        | WSTRN MN MUNI PWR AGY                                        | CUSIP: 958697JZ8<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062707.20   | 0.57%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Woodbury MN                                                             | WOODBURY MN CHRT SCH LEASE REVENUE                           | CUSIP: 979134AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $413354.70    | 0.22%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                       | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TFA9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    275000 | PA      | $281178.48    | 0.15%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN STUDENT HSG REVENUE                           | CUSIP: 60379NBW5<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    860000 | PA      | $860481.43    | 0.46%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                            | MINNESOTA ST OFFICE OF HGR EDU REVENUE                       | CUSIP: 60416MBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $733288.36    | 0.39%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Francis Independent School District No 15                                    | SAINT FRANCIS MN INDEP SCH DIST #15                          | CUSIP: 789466SG5<br>LEI: 549300BB7QRM8G4EBA90 | Long             | DBT              | MUN               | US        |    220000 | PA      | $220307.01    | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Red Lake County Central Independent School District No 2906                     | RED LAKE CNTY CENTRL INDEP SCH DIST #2906 SCH BLDG           | CUSIP: 756627AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $314067.79    | 0.17%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Elk River MN Electric Revenue                                           | ELK RIVER MN ELEC REVENUE                                    | CUSIP: 287423EH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $333440.88    | 0.18%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN                                                             | SHAKOPEE MN HLTH CARE FACS REVENUE                           | CUSIP: 819175BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $715715.00    | 0.39%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN HLTH CARE REVENUE                             | CUSIP: 78916VDS6<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097621.40   | 1.13%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cologne MN                                                              | COLOGNE MN CHRT SCH LEASE REVENUE                            | CUSIP: 195239AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $481794.55    | 0.26%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827WA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203569.92    | 0.11%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH HLTH CARE REVENUE             | CUSIP: 792909FG3<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    565000 | PA      | $595256.54    | 0.32%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452CB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $283445.52    | 0.15%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northeastern Metropolitan Intermediate School District No 916                   | N E MN MET INTERMEDIATE SCH DIST #916 COPS                   | CUSIP: 664259DB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1559362.35   | 0.84%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota              | SAINT PAUL MN HSG & REDEV AUTH PKG ENTERPRISE REVENUE        | CUSIP: 79289WAH8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512960.85    | 0.28%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marshall County Independent School District No 441                              | NEWFOLDEN MN INDEP SCH DIST #441                             | CUSIP: 651308CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $276856.78    | 0.15%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                 | MINNESOTA ST HGR EDU FACS AUTH REVENUE                       | CUSIP: 60416JES5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    295000 | PA      | $315133.13    | 0.17%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TJA7<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    465000 | PA      | $531751.45    | 0.29%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Agassiz Education Cooperative No 0397-52                                   | LAKE AGASSIZ EDU COOPERATIVE #0397-52 MN COPS                | CUSIP: 507421AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $292974.96    | 0.16%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416S6D7<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    630000 | PA      | $576840.03    | 0.31%             | 2028-01-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Russell Tyler Ruthton Independent School District No 2902                       | RUSSELL-TYLER-RUTHTON INDEP SCH DIST #2902 MN                | CUSIP: 78271CAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1825093.30   | 0.98%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                             | SAINT CLOUD MN                                               | CUSIP: 78916B7L2<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    475000 | PA      | $498921.48    | 0.27%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Cloud Independent School District No 742/MN                                  | SAINT CLOUD MN INDEP SCH DIST#742                            | CUSIP: 789177RJ3<br>LEI: 549300777B7XVMYHUU90 | Long             | DBT              | MUN               | US        |    200000 | PA      | $226512.62    | 0.12%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Forest Lake MN                                                          | FOREST LAKE MN CHARTER SCH LEASE REVENUE                     | CUSIP: 345856AH1<br>LEI: 549300YEG0ZNW83BJB14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501394.40    | 0.27%             | 2036-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                           | HENNEPIN CNTY MN                                             | CUSIP: 425507EJ5<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |    450000 | PA      | $490832.82    | 0.26%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509571.20    | 0.27%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                        | WSTRN MN MUNI PWR AGY                                        | CUSIP: 958697HX5<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1565000.00   | 0.84%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                            | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827D37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029137.50   | 0.55%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN CHARTER SCH LEASE REVENUE                     | CUSIP: 60375CAA2<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70130.61     | 0.04%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Maple Grove MN                                                          | MAPLE GROVE MN HLTH CARE FACS REVENUE                        | CUSIP: 56516TAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $661971.17    | 0.36%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VEA7<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    270000 | PA      | $285500.92    | 0.15%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST COPS                                            | CUSIP: 604140WK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $438508.49    | 0.24%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN                                                             | SHAKOPEE MN HLTH CARE FACS REVENUE                           | CUSIP: 819175BC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $431082.33    | 0.23%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416SJL5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1718101.85   | 0.93%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Agassiz Education Cooperative No 0397-52                                   | LAKE AGASSIZ EDU COOPERATIVE #0397-52 MN COPS                | CUSIP: 507421AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $284964.72    | 0.15%             | 2029-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-26

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer