# EDGAR Filing Document

**Accession Number:** 0000909466
**File Stem:** 0001752724-25-183702
**Filing Date:** 2025-7
**Character Count:** 574994
**Document Hash:** 4446ea0c46669b8a986986409535a412
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-183702.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001752724-25-183702

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **CENTRAL INDEX KEY:** 0000909466

**ORGANIZATION NAME:**
- **EIN:** 766035958
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07890
- **FILM NUMBER:** 251166453

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **DATE OF NAME CHANGE:** 20100430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS
- **DATE OF NAME CHANGE:** 20000324

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS INC/NEW
- **DATE OF NAME CHANGE:** 19940718

## Series and Classes Contracts Data

### Invesco Limited Term Municipal Income (Series ID: S000000172)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000000395 | Class A      | ATFAX           |
| C000000396 | Class A2     | AITFX           |
| C000023428 | Class R5     | ATFIX           |
| C000071234 | Class Y      | ATFYX           |
| C000130517 | Class C      | ATFCX           |
| C000188916 | Class R6     | ATFSX           |

## Nport-Ex

**Schedule of Investments** 

*May 31, 2025*

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Municipal Obligations–99.12%** | **Municipal Obligations–99.12%** | **Municipal Obligations–99.12%** | **Municipal Obligations–99.12%** | **Municipal Obligations–99.12%** |
| **Alabama–3.77%** | **Alabama–3.77%** | **Alabama–3.77%** | **Alabama–3.77%** | **Alabama–3.77%** |
| Alabama (State of) Economic Settlement Authority; Series 2016 A, RB | 4.00% | 09/15/2033 | $2150 | &nbsp;&nbsp; $2102831 |
| Black Belt Energy Gas District (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022 B-1, RB<sup>(a)</sup> <br>| 4.00% | 10/01/2027 | 12950 | &nbsp;&nbsp; 12917953 |
| &nbsp;&nbsp;&nbsp; Series 2023 B, RB<sup>(a)</sup> <br>| 5.25% | 12/01/2030 | 5000 | &nbsp;&nbsp; 5295482 |
| &nbsp;&nbsp;&nbsp; Series 2024 A, RB<sup>(a)</sup> <br>| 5.25% | 09/01/2032 | 2815 | &nbsp;&nbsp; 2968446 |
| Black Belt Energy Gas District (The) (No. 4); Series 2019 A-1, RB<sup>(a)</sup> <br>| 4.00% | 12/01/2025 | 17500 | &nbsp;&nbsp; 17502930 |
| Black Belt Energy Gas District (The) (No. 5); Series 2020 A-1, RB<sup>(a)</sup> <br>| 4.00% | 10/01/2026 | 12530 | &nbsp;&nbsp; 12551162 |
| Black Belt Energy Gas District (The) (No. 6); Series 2021 B, RB<sup>(a)</sup> <br>| 4.00% | 12/01/2026 | 4000 | &nbsp;&nbsp; 3992022 |
| Black Belt Energy Gas District (The) (No. 7); Series 2021, RB<sup>(a)</sup> <br>| 4.00% | 12/01/2026 | 22905 | &nbsp;&nbsp; 22885643 |
| Jefferson (County of), AL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 10/01/2037 | 2345 | &nbsp;&nbsp; 2483205 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 10/01/2039 | 4750 | &nbsp;&nbsp; 4945406 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. Revenue Wts. | 5.25% | 10/01/2040 | 2500 | &nbsp;&nbsp; 2634525 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. Revenue Wts. | 5.25% | 10/01/2043 | 3500 | &nbsp;&nbsp; 3605420 |
| &nbsp;&nbsp;&nbsp; Mobile (City of), AL Industrial Development Board (Alabama Power Co. Barry Plant); <br> Series 2008, RB<sup>(a)</sup> <br>| 3.30% | 03/12/2026 | 3500 | &nbsp;&nbsp; 3499830 |
| Southeast Energy Authority, A Cooperative District (No. 3); Series 2022 A-1, RB<sup>(a)</sup> <br>| 5.50% | 12/01/2029 | 3000 | &nbsp;&nbsp; 3165692 |
| UAB Medicine Finance Authority; Series 2016 B, Ref. RB | 5.00% | 09/01/2035 | 3500 | &nbsp;&nbsp; 3543447 |
|  |  |  |  | &nbsp;&nbsp; 104093994 |
| **Alaska–0.20%** | **Alaska–0.20%** | **Alaska–0.20%** | **Alaska–0.20%** | **Alaska–0.20%** |
| &nbsp;&nbsp;&nbsp; Alaska (State of) Municipal Bond Bank Authority (Tanana Chiefs Conference); Series 2015-3, <br> Ref. RB<br>| 5.25% | 10/01/2036 | 1830 | &nbsp;&nbsp; 1831434 |
| Northern Tobacco Securitization Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 A-1, Ref. RB | 4.00% | 06/01/2034 | 2000 | &nbsp;&nbsp; 1967340 |
| &nbsp;&nbsp;&nbsp; Series 2021 B-1, Ref. RB | 4.00% | 06/01/2050 | 1910 | &nbsp;&nbsp; 1791057 |
|  |  |  |  | &nbsp;&nbsp; 5589831 |
| **Arizona–2.15%** | **Arizona–2.15%** | **Arizona–2.15%** | **Arizona–2.15%** | **Arizona–2.15%** |
| &nbsp;&nbsp;&nbsp; Arizona (State of) Industrial Development Authority (Leman Academy of Excellence); <br> Series 2022, Ref. RB<br>| 4.00% | 07/01/2030 | 1405 | &nbsp;&nbsp; 1369650 |
| &nbsp;&nbsp;&nbsp; Arizona (State of) Industrial Development Authority (Pinecrest Academy of Northern Nevada); <br> Series 2022 A, RB<sup>(b)</sup> <br>| 4.50% | 07/15/2029 | 1250 | &nbsp;&nbsp; 1201497 |
| Arizona (State of) Industrial Development Authority (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 5.00% | 11/01/2028 | 2000 | &nbsp;&nbsp; 2084822 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 5.00% | 11/01/2040 | 1000 | &nbsp;&nbsp; 1017542 |
| &nbsp;&nbsp;&nbsp; La Paz (County of), AZ Industrial Development Authority (Charter School Solutions- Harmony <br> Public Schools); Series 2016 A, RB<sup>(b)</sup> <br>| 5.00% | 02/15/2026 | 175 | &nbsp;&nbsp; 175915 |
| Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 01/01/2034 | 3215 | &nbsp;&nbsp; 3279831 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 01/01/2035 | 2795 | &nbsp;&nbsp; 2847122 |
| &nbsp;&nbsp;&nbsp; Series 2023 A-1, RB<sup>(a)</sup> <br>| 5.00% | 05/15/2026 | 5000 | &nbsp;&nbsp; 5071314 |
| &nbsp;&nbsp;&nbsp; Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools); <br> Series 2021, RB<sup>(b)</sup> <br>| 3.00% | 07/01/2031 | 625 | &nbsp;&nbsp; 583791 |
| Mesa (City of), AZ; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2014, RB | 4.00% | 07/01/2038 | 13350 | &nbsp;&nbsp; 12951454 |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 07/01/2042 | 4500 | &nbsp;&nbsp; 4547186 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 5.00% | 07/01/2040 | 2390 | &nbsp;&nbsp; 2534029 |
| Phoenix Civic Improvement Corp.; Series 2017, Ref. RB | 5.00% | 07/01/2039 | 7125 | &nbsp;&nbsp; 7199201 |
| &nbsp;&nbsp;&nbsp; Pima (County of), AZ Industrial Development Authority (The) (Tuscon Country Day School); <br> Series 2007, Ref. RB<br>| 5.00% | 06/01/2037 | 645 | &nbsp;&nbsp; 566679 |
| Pinal County Electric District No. 3; Series 2016, Ref. RB | 5.00% | 07/01/2035 | 1000 | &nbsp;&nbsp; 1012654 |
| Tempe (City of), AZ; Series 2025, Ref. GO Bonds | 5.00% | 07/01/2029 | 1880 | &nbsp;&nbsp; 2030907 |
| University of Arizona (The) (Green Bonds); Series 2016 B, RB | 5.00% | 06/01/2042 | 2515 | &nbsp;&nbsp; 2547773 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Arizona–(continued)** | **Arizona–(continued)** | **Arizona–(continued)** | **Arizona–(continued)** | **Arizona–(continued)** |
| University of Arizona Board of Regents; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 D, RB | 5.00% | 07/01/2041 | $1815 | &nbsp;&nbsp; $1815253 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 06/01/2029 | 3500 | &nbsp;&nbsp; 3766766 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 06/01/2030 | 1300 | &nbsp;&nbsp; 1416259 |
| University of Arizona Board of Regents (Social Bonds); Series 2022 A, RB | 5.00% | 07/01/2038 | 1150 | &nbsp;&nbsp; 1218712 |
|  |  |  |  | &nbsp;&nbsp; 59238357 |
| **California–4.12%** | **California–4.12%** | **California–4.12%** | **California–4.12%** | **California–4.12%** |
| California (State of); Series 2023, GO Bonds | 5.00% | 09/01/2038 | 10010 | &nbsp;&nbsp; 10876751 |
| California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(a)</sup> <br>| 5.25% | 04/01/2030 | 6000 | &nbsp;&nbsp; 6296563 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB<sup>(a)</sup> <br>| 5.00% | 04/01/2032 | 5250 | &nbsp;&nbsp; 5512084 |
| &nbsp;&nbsp;&nbsp; California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization <br> Corp.); Series 2020 B-1, Ref. RB<br>| 5.00% | 06/01/2049 | 350 | &nbsp;&nbsp; 339998 |
| &nbsp;&nbsp;&nbsp; California (State of) County Tobacco Securitization Agency (Sonoma County Securitization <br> Corp.); Series 2020, Ref. RB<br>| 5.00% | 06/01/2049 | 315 | &nbsp;&nbsp; 305998 |
| &nbsp;&nbsp;&nbsp; California (State of) Health Facilities Financing Authority (Adventist Health System); <br> Series 2013 A, RB<br>| 4.00% | 03/01/2033 | 240 | &nbsp;&nbsp; 234926 |
| California (State of) Health Facilities Financing Authority (Sutter Health); Series 2018 A, RB | 5.00% | 11/15/2048 | 10000 | &nbsp;&nbsp; 9969302 |
| California (State of) Housing Finance Agency; Series 2019 A-2, RB | 4.00% | 03/20/2033 | 14108 | &nbsp;&nbsp; 14016719 |
| California (State of) Housing Finance Agency (Social Certificates); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 A, RB | 3.25% | 08/20/2036 | 5 | &nbsp;&nbsp; 4345 |
| &nbsp;&nbsp;&nbsp; Series 2021-2A, Revenue Ctfs. (CEP - FHLMC) | 3.75% | 03/25/2035 | 5697 | &nbsp;&nbsp; 5627023 |
| &nbsp;&nbsp;&nbsp; Series 2023-1, RB | 4.38% | 09/20/2036 | 4914 | &nbsp;&nbsp; 4872291 |
| &nbsp;&nbsp;&nbsp; California (State of) Municipal Finance Authority (American Heritage Education Foundation); <br> Series 2016 A, Ref. RB<br>| 4.00% | 06/01/2026 | 315 | &nbsp;&nbsp; 313459 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority (Clean Energy) (Green Bonds); Series 2024 E, <br> RB<sup>(a)</sup> <br>| 5.00% | 09/01/2032 | 3750 | &nbsp;&nbsp; 3939506 |
| California State University; Series 2016 A, Ref. RB | 5.00% | 11/01/2041 | 2000 | &nbsp;&nbsp; 2019694 |
| East Side Union High School District; Series 2025 D, GO Bonds | 5.00% | 08/01/2029 | 1000 | &nbsp;&nbsp; 1087787 |
| Golden State Tobacco Securitization Corp.; Series 2017 A-1, Ref. RB<sup>(c)</sup> <br>| 5.00% | 06/01/2025 | 10000 | &nbsp;&nbsp; 10000000 |
| &nbsp;&nbsp;&nbsp; Grossmont-Cuyamaca Community College District (Election of 2002); Series 2008 C, GO Bonds <br> (INS - AGI)<sup>(d)(e)</sup> <br>| 0.00% | 08/01/2025 | 3000 | &nbsp;&nbsp; 2984630 |
| Imperial Irrigation District; Series 2016 B-2, Ref. RB | 5.00% | 11/01/2041 | 1680 | &nbsp;&nbsp; 1688240 |
| Northern California Energy Authority; Series 2024, Ref. RB<sup>(a)</sup> <br>| 5.00% | 08/01/2030 | 6400 | &nbsp;&nbsp; 6688860 |
| Northern California Tobacco Securitization Authority; Series 2021 B-1, Ref. RB | 4.00% | 06/01/2049 | 745 | &nbsp;&nbsp; 691708 |
| Sacramento (City of), CA Unified School District; Series 2024 B, GO Bonds (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 08/01/2038 | 1000 | &nbsp;&nbsp; 1089263 |
| Sacramento (County of), CA; Series 2016 B, Ref. RB | 5.00% | 07/01/2036 | 1445 | &nbsp;&nbsp; 1456669 |
| San Diego (City of), CA Public Facilities Financing Authority; Series 2016 B, Ref. RB | 5.00% | 08/01/2038 | 8735 | &nbsp;&nbsp; 8852377 |
| San Jose (City of), CA; Series 2017 B, Ref. RB | 5.00% | 03/01/2042 | 1990 | &nbsp;&nbsp; 2004655 |
| Sonoma (County of), CA Junior College District (Election of 2014); Series 2016 A, GO Bonds | 5.00% | 08/01/2041 | 1750 | &nbsp;&nbsp; 1777113 |
| &nbsp;&nbsp;&nbsp; Southern California Tobacco Securitization Authority (San Diego County Asset Securitization <br> Corp.);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 06/01/2037 | 2000 | &nbsp;&nbsp; 2044386 |
| &nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 06/01/2048 | 825 | &nbsp;&nbsp; 784959 |
| Tender Option Bond Trust Receipts/Certificates; Series 2021, VRD RB<sup>(b)(f)</sup> <br>| 2.07% | 10/01/2049 | 2600 | &nbsp;&nbsp; 2600000 |
| University of California; Series 2016 AR, Ref. RB | 5.00% | 05/15/2041 | 4500 | &nbsp;&nbsp; 4545208 |
| West Contra Costa Unified School District (Election of 2005); Series 2008 B, GO Bonds | 6.00% | 08/01/2027 | 1000 | &nbsp;&nbsp; 1065328 |
|  |  |  |  | &nbsp;&nbsp; 113689842 |
| **Colorado–1.94%** | **Colorado–1.94%** | **Colorado–1.94%** | **Colorado–1.94%** | **Colorado–1.94%** |
| Adams & Arapahoe Joint School District No. 28J Aurora; Series 2025, GO Bonds | 5.50% | 12/01/2035 | 2000 | &nbsp;&nbsp; 2368058 |
| Adams & Weld Counties School District No. 27J Brighton; Series 2015, GO Bonds | 5.00% | 12/01/2040 | 1040 | &nbsp;&nbsp; 1044164 |
| Arapahoe County School District No. 1 Englewood; Series 2017, GO Bonds | 5.00% | 12/01/2037 | 1790 | &nbsp;&nbsp; 1818155 |
| Colorado (State of); Series 2017 J, COP | 5.25% | 03/15/2042 | 1250 | &nbsp;&nbsp; 1270958 |
| Colorado (State of) Bridge & Tunnel Enterprise; Series 2025 A, RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 12/01/2029 | 1000 | &nbsp;&nbsp; 1082937 |
| Colorado (State of) Department of Transportation; Series 2017, COP | 5.00% | 06/15/2041 | 3730 | &nbsp;&nbsp; 3757065 |
| Colorado (State of) Health Facilities Authority (Aberdeen Ridge); Series 2021 B, RB | 2.13% | 05/15/2028 | 1000 | &nbsp;&nbsp; 969750 |
| Colorado (State of) Health Facilities Authority (CommonSpirit Health); Series 2019 B-2, RB<sup>(a)</sup> <br>| 5.00% | 08/01/2026 | 2000 | &nbsp;&nbsp; 2016155 |
| Colorado (State of) Health Facilities Authority (Vail Valley Medical Center); Series 2015, RB | 5.00% | 01/15/2035 | 2000 | &nbsp;&nbsp; 2012140 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Colorado–(continued)** | **Colorado–(continued)** | **Colorado–(continued)** | **Colorado–(continued)** | **Colorado–(continued)** |
| Colorado Springs (City of), CO; Series 2023 B, Ref. RB | 5.00% | 11/15/2039 | $2740 | &nbsp;&nbsp; $2940899 |
| Copper Ridge Metropolitan District; Series 2019, RB | 5.00% | 12/01/2039 | 4250 | &nbsp;&nbsp; 3993269 |
| Denver (City & County of), CO; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2012 B, RB | 4.00% | 11/15/2031 | 1125 | &nbsp;&nbsp; 1125109 |
| &nbsp;&nbsp;&nbsp; Series 2012 B, RB | 5.00% | 11/15/2043 | 2590 | &nbsp;&nbsp; 2589924 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, Ref. RB | 5.00% | 11/15/2038 | 1000 | &nbsp;&nbsp; 1071949 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, Ref. RB | 5.00% | 11/15/2039 | 1900 | &nbsp;&nbsp; 2022459 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, Ref. RB | 5.00% | 11/15/2040 | 2375 | &nbsp;&nbsp; 2518300 |
| Denver City & County School District No. 1; Series 2025 A, GO Bonds | 5.25% | 12/01/2041 | 1700 | &nbsp;&nbsp; 1852289 |
| El Paso (County of), CO School District No. 20; Series 2017, GO Bonds | 5.00% | 12/15/2033 | 2900 | &nbsp;&nbsp; 2960289 |
| Elbert & Highway 86 Commercial Metropolitan District; Series 2021 A, Ref. GO Bonds<sup>(b)</sup> <br>| 3.75% | 12/01/2029 | 483 | &nbsp;&nbsp; 461494 |
| Midtown Clear Creek Metropolitan District; Series 2023 A, Ref. GO Bonds (INS - BAM)<sup>(d)</sup> <br>| 5.50% | 12/01/2038 | 1200 | &nbsp;&nbsp; 1320173 |
| Mulberry Metropolitan District No. 2; Series 2022, RB | 7.00% | 12/01/2034 | 1500 | &nbsp;&nbsp; 1525565 |
| Public Authority for Colorado Energy; Series 2008, RB | 6.25% | 11/15/2028 | 1670 | &nbsp;&nbsp; 1745057 |
| Sheridan (City of), CO; Series 2017, GO Bonds | 5.00% | 12/01/2037 | 2370 | &nbsp;&nbsp; 2381810 |
| Summit County School District No. RE-1; Series 2017, GO Bonds | 5.00% | 12/01/2036 | 1715 | &nbsp;&nbsp; 1742974 |
| Weld County School District No. RE-4; Series 2016, GO Bonds | 5.25% | 12/01/2041 | 5895 | &nbsp;&nbsp; 6007232 |
| West Meadow Metropolitan District (Senior Bonds); Series 2023 A, Ref. GO Bonds<sup>(b)</sup> <br>| 6.00% | 12/01/2038 | 1000 | &nbsp;&nbsp; 1012163 |
|  |  |  |  | &nbsp;&nbsp; 53610337 |
| **Connecticut–1.19%** | **Connecticut–1.19%** | **Connecticut–1.19%** | **Connecticut–1.19%** | **Connecticut–1.19%** |
| Connecticut (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025 A, GO Bonds | 5.00% | 03/15/2028 | 2000 | &nbsp;&nbsp; 2116180 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, GO Bonds | 5.00% | 03/15/2029 | 1500 | &nbsp;&nbsp; 1613254 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, GO Bonds | 5.00% | 03/15/2030 | 750 | &nbsp;&nbsp; 818042 |
| Connecticut (State of) (Transportation Infrastructure); Series 2016 A, RB | 5.00% | 09/01/2036 | 4000 | &nbsp;&nbsp; 4048139 |
| Connecticut (State of) Health & Educational Facilities Authority; Series 2025, RB<sup>(a)</sup> <br>| 5.00% | 07/01/2030 | 5000 | &nbsp;&nbsp; 5431090 |
| Connecticut (State of) Housing Finance Authority; Series 2020 C-3, VRD RB<sup>(f)</sup> <br>| 1.95% | 11/15/2050 | 12000 | &nbsp;&nbsp; 12000000 |
| Connecticut (State of) Housing Finance Authority (Social Bonds); Series 2022, RB (CEP - GNMA) | 5.50% | 11/15/2052 | 5465 | &nbsp;&nbsp; 5697174 |
| New Haven (City of), CT; Series 2018 A, GO Bonds | 5.00% | 08/01/2025 | 1160 | &nbsp;&nbsp; 1162721 |
|  |  |  |  | &nbsp;&nbsp; 32886600 |
| **District of Columbia–1.68%** | **District of Columbia–1.68%** | **District of Columbia–1.68%** | **District of Columbia–1.68%** | **District of Columbia–1.68%** |
| District of Columbia; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.00% | 06/01/2032 | 1000 | &nbsp;&nbsp; 1028834 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, RB | 5.00% | 05/01/2039 | 4000 | &nbsp;&nbsp; 4259394 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, RB | 5.00% | 05/01/2040 | 5000 | &nbsp;&nbsp; 5281324 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. RB | 5.00% | 06/01/2028 | 3000 | &nbsp;&nbsp; 3183110 |
| District of Columbia (Children's Hospital Obligated Group); Series 2015, Ref. RB | 5.00% | 07/15/2040 | 5310 | &nbsp;&nbsp; 5313886 |
| District of Columbia Tobacco Settlement Financing Corp.; Series 2001, RB | 6.75% | 05/15/2040 | 300 | &nbsp;&nbsp; 309560 |
| District of Columbia Water & Sewer Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2039 | 3085 | &nbsp;&nbsp; 3111109 |
| &nbsp;&nbsp;&nbsp; Series 2024 B, Ref. VRD RB<sup>(f)</sup> <br>| 1.55% | 10/01/2054 | 10700 | &nbsp;&nbsp; 10700000 |
| Washington Metropolitan Area Transit Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 B, RB | 5.00% | 07/01/2042 | 1250 | &nbsp;&nbsp; 1254366 |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 07/01/2037 | 1000 | &nbsp;&nbsp; 1012260 |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 07/01/2043 | 11000 | &nbsp;&nbsp; 11025522 |
|  |  |  |  | &nbsp;&nbsp; 46479365 |
| **Florida–5.55%** | **Florida–5.55%** | **Florida–5.55%** | **Florida–5.55%** | **Florida–5.55%** |
| &nbsp;&nbsp;&nbsp; Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics, Inc.); <br> Series 2014 B, RB<br>| 5.00% | 12/01/2034 | 3815 | &nbsp;&nbsp; 3815132 |
| Brevard (County of), FL Health Facilities Authority (Health First Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 04/01/2037 | 3565 | &nbsp;&nbsp; 3844429 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 04/01/2039 | 5000 | &nbsp;&nbsp; 5290706 |
| Broward (County of), FL School Board; Series 2025, Ref. GO Bonds (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 07/01/2030 | 1000 | &nbsp;&nbsp; 1091787 |
| Cape Coral (City of), FL; Series 2017, Ref. RB | 5.00% | 10/01/2033 | 1740 | &nbsp;&nbsp; 1789141 |
| Capital Trust Authority (Classical Academy of Sarasota (The)); Series 2024, RB<sup>(b)</sup> <br>| 5.00% | 07/01/2039 | 1480 | &nbsp;&nbsp; 1431592 |
| Capital Trust Authority (Plato Academy Schools); Series 2024, RB | 5.00% | 12/15/2044 | 1155 | &nbsp;&nbsp; 1081131 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Florida–(continued)** | **Florida–(continued)** | **Florida–(continued)** | **Florida–(continued)** | **Florida–(continued)** |
| Creekview Community Development District (Phase 2); Series 2024, RB | 4.60% | 05/01/2031 | $750 | &nbsp;&nbsp; $748509 |
| Duval County (County of), FL School Board; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. COP (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 07/01/2029 | 1400 | &nbsp;&nbsp; 1501862 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. COP (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 07/01/2030 | 1000 | &nbsp;&nbsp; 1085729 |
| East Central Regional Wastewater Treatment Facilities Operation Board; Series 2017, Ref. RB | 5.00% | 10/01/2037 | 2000 | &nbsp;&nbsp; 2051220 |
| East Nassau Stewardship District (PDP No. 4); Series 2024, RB | 5.25% | 05/01/2029 | 3150 | &nbsp;&nbsp; 3146258 |
| Florida Development Finance Corp. (IPS Florida LLC-Idea); Series 2022, RB<sup>(b)</sup> <br>| 5.25% | 06/15/2029 | 1200 | &nbsp;&nbsp; 1192364 |
| Florida Housing Finance Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 2, RB (CEP - GNMA) | 4.25% | 01/01/2050 | 1395 | &nbsp;&nbsp; 1399750 |
| &nbsp;&nbsp;&nbsp; Series 2024 3, RB (CEP - GNMA) | 6.25% | 01/01/2055 | 2995 | &nbsp;&nbsp; 3250787 |
| Gainesville (City of), FL; Series 2012 B, Ref. VRD RB<sup>(f)</sup> <br>| 1.40% | 10/01/2042 | 11000 | &nbsp;&nbsp; 11000000 |
| Greater Orlando Aviation Authority; Series 2016 B, RB | 5.00% | 10/01/2042 | 3630 | &nbsp;&nbsp; 3648652 |
| Hialeah (City of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 10/01/2039 | 2640 | &nbsp;&nbsp; 2719745 |
| &nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 10/01/2040 | 2770 | &nbsp;&nbsp; 2836098 |
| &nbsp;&nbsp;&nbsp; Hillsborough (County of), FL Aviation Authority (Tampa International Airport); Series 2015 A, <br> RB<br>| 5.00% | 10/01/2044 | 10000 | &nbsp;&nbsp; 9999695 |
| JEA Electric System; Series 2024 A, Ref. RB | 5.00% | 10/01/2039 | 500 | &nbsp;&nbsp; 534808 |
| JEA Water & Sewer System; Series 2008 A-2, VRD RB (LOC - Sumitomo Mitsui Banking)<sup>(f)(g)</sup> <br>| 1.55% | 10/01/2042 | 10920 | &nbsp;&nbsp; 10920000 |
| &nbsp;&nbsp;&nbsp; Lee (County of), FL Industrial Development Authority (Shell Point Obligated Group); Series 2024 <br> B-3, RB<br>| 4.13% | 11/15/2029 | 2145 | &nbsp;&nbsp; 2146311 |
| Miami (City of) & Dade (County of), FL School Board (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 D, Ref. COP | 5.00% | 02/01/2034 | 1000 | &nbsp;&nbsp; 1008021 |
| &nbsp;&nbsp;&nbsp; Series 2016 C, Ref. COP | 3.25% | 02/01/2033 | 540 | &nbsp;&nbsp; 522997 |
| &nbsp;&nbsp;&nbsp; Series 2016, GO Bonds | 5.00% | 03/15/2037 | 2000 | &nbsp;&nbsp; 2024709 |
| &nbsp;&nbsp;&nbsp; Series 2022 A, GO Bonds (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 03/15/2041 | 1865 | &nbsp;&nbsp; 1952213 |
| Miami-Dade (County of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. GO Bonds | 5.00% | 07/01/2037 | 4260 | &nbsp;&nbsp; 4322418 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2041 | 10135 | &nbsp;&nbsp; 10165129 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 10/01/2034 | 5110 | &nbsp;&nbsp; 5139676 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, RB | 6.00% | 04/01/2029 | 1525 | &nbsp;&nbsp; 1669513 |
| &nbsp;&nbsp;&nbsp; Series 2024 B, RB | 5.00% | 10/01/2039 | 390 | &nbsp;&nbsp; 419441 |
| Miami-Dade (County of), FL Expressway Authority; Series 2013 A, RB | 5.00% | 07/01/2033 | 1000 | &nbsp;&nbsp; 1000767 |
| Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2033 | 2535 | &nbsp;&nbsp; 2563079 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2035 | 1210 | &nbsp;&nbsp; 1217887 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2036 | 2685 | &nbsp;&nbsp; 2698540 |
| Orange (County of), FL School Board; Series 2016 C, Ref. COP<sup>(a)(c)</sup> <br>| 5.00% | 08/01/2026 | 4475 | &nbsp;&nbsp; 4583470 |
| Orlando (City of), FL Utilities Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025 A, RB | 5.00% | 10/01/2041 | 1700 | &nbsp;&nbsp; 1811891 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, RB | 5.00% | 10/01/2042 | 1000 | &nbsp;&nbsp; 1057019 |
| Palm Beach County School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023 A, COP | 5.00% | 08/01/2037 | 1500 | &nbsp;&nbsp; 1623663 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, COP | 5.00% | 08/01/2038 | 1500 | &nbsp;&nbsp; 1607876 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, COP | 5.00% | 08/01/2039 | 2250 | &nbsp;&nbsp; 2397247 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. COP | 5.00% | 08/01/2030 | 1625 | &nbsp;&nbsp; 1773268 |
| Parrish Lakes Community Development District; Series 2024, RB | 5.00% | 05/01/2031 | 420 | &nbsp;&nbsp; 420554 |
| &nbsp;&nbsp;&nbsp; Pinellas (County of), FL Housing Finance Authority (Social Bonds); Series 2021 A, RB (CEP - <br> GNMA)<br>| 3.00% | 03/01/2052 | 1985 | &nbsp;&nbsp; 1952659 |
| Pinellas (County of), FL School Board; Series 2017 A, COP | 5.00% | 07/01/2037 | 3000 | &nbsp;&nbsp; 3052960 |
| Seminole County School Board; Series 2016 C, COP | 5.00% | 07/01/2036 | 1000 | &nbsp;&nbsp; 1016035 |
| South Florida Water Management District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. COP | 5.00% | 10/01/2034 | 5000 | &nbsp;&nbsp; 5042724 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. COP | 5.00% | 10/01/2035 | 3275 | &nbsp;&nbsp; 3300580 |
| &nbsp;&nbsp;&nbsp; South Miami Health Facilities Authority, Inc. (Baptist Health South Florida Obligated Group); <br> Series 2017, Ref. RB<br>| 5.00% | 08/15/2042 | 6000 | &nbsp;&nbsp; 6024435 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Florida–(continued)** | **Florida–(continued)** | **Florida–(continued)** | **Florida–(continued)** | **Florida–(continued)** |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2025 | $180 | &nbsp;&nbsp; $178855 |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2026 | 185 | &nbsp;&nbsp; 182155 |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2027 | 215 | &nbsp;&nbsp; 210091 |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2028 | 200 | &nbsp;&nbsp; 193797 |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2029 | 220 | &nbsp;&nbsp; 211611 |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2030 | 200 | &nbsp;&nbsp; 190816 |
| &nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2031 | 205 | &nbsp;&nbsp; 193771 |
| Tallahassee (City of), FL; Series 2018, RB | 5.00% | 10/01/2036 | 1075 | &nbsp;&nbsp; 1080067 |
| Wildwood (City of), FL Village Community Development Disctrict No. 15; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(b)</sup> <br>| 4.25% | 05/01/2028 | 535 | &nbsp;&nbsp; 539132 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(b)</sup> <br>| 4.38% | 05/01/2033 | 985 | &nbsp;&nbsp; 995037 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB<sup>(b)</sup> <br>| 3.75% | 05/01/2029 | 1000 | &nbsp;&nbsp; 992336 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB<sup>(b)</sup> <br>| 4.00% | 05/01/2034 | 1250 | &nbsp;&nbsp; 1217764 |
|  |  |  |  | &nbsp;&nbsp; 153079909 |
| **Georgia–3.63%** | **Georgia–3.63%** | **Georgia–3.63%** | **Georgia–3.63%** | **Georgia–3.63%** |
| Atlanta (City of), GA; Series 2015, Ref. RB | 5.00% | 11/01/2040 | 26385 | &nbsp;&nbsp; 26465619 |
| Atlanta (City of), GA (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, RB (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 11/01/2040 | 1000 | &nbsp;&nbsp; 1077266 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 11/01/2041 | 1250 | &nbsp;&nbsp; 1335918 |
| &nbsp;&nbsp;&nbsp; Atlanta (City of), GA Urban Residential Finance Authority (GE Tower Apartments); Series 2023 <br> B, RB<sup>(a)</sup> <br>| 5.75% | 06/01/2025 | 5000 | &nbsp;&nbsp; 5000000 |
| Atlanta Development Authority (The) (Westside Gulch Area); Series 2024 A, RB<sup>(b)</sup> <br>| 5.00% | 04/01/2034 | 1500 | &nbsp;&nbsp; 1493133 |
| &nbsp;&nbsp;&nbsp; Cobb (County of), GA Kennestone Hospital Authority (Wellstar Health System, Inc.); Series 2017 <br> A, Ref. RAC<br>| 5.00% | 04/01/2042 | 5560 | &nbsp;&nbsp; 5571073 |
| DeKalb (County of), GA Housing Authority (Park at 500); Series 2024, RB | 4.00% | 03/01/2034 | 6000 | &nbsp;&nbsp; 5858035 |
| &nbsp;&nbsp;&nbsp; Gainesville (City of) & Hall (County of), GA Hospital Authority (Northeast Georgia Health System, <br> Inc.); Series 2017, Ref. RB<br>| 5.00% | 02/15/2045 | 6315 | &nbsp;&nbsp; 6158481 |
| George L Smith II Congress Center Authority (Convention Center Hotel); Series 2021, RB | 2.38% | 01/01/2031 | 725 | &nbsp;&nbsp; 665154 |
| Main Street Natural Gas, Inc.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(a)</sup> <br>| 4.00% | 09/01/2027 | 20880 | &nbsp;&nbsp; 20875112 |
| &nbsp;&nbsp;&nbsp; Series 2021 C, RB<sup>(a)</sup> <br>| 4.00% | 12/01/2028 | 5000 | &nbsp;&nbsp; 5006682 |
| &nbsp;&nbsp;&nbsp; Series 2022 C, RB<sup>(b)</sup> <br>| 4.00% | 11/01/2025 | 2990 | &nbsp;&nbsp; 2989180 |
| &nbsp;&nbsp;&nbsp; Series 2022 C, RB<sup>(a)(b)</sup> <br>| 4.00% | 11/01/2027 | 5000 | &nbsp;&nbsp; 4970477 |
| &nbsp;&nbsp;&nbsp; Series 2023 C, RB<sup>(a)</sup> <br>| 5.00% | 09/01/2030 | 2000 | &nbsp;&nbsp; 2090427 |
| &nbsp;&nbsp;&nbsp; Series 2024 B, RB<sup>(a)</sup> <br>| 5.00% | 03/01/2032 | 10000 | &nbsp;&nbsp; 10535962 |
|  |  |  |  | &nbsp;&nbsp; 100092519 |
| **Hawaii–0.73%** | **Hawaii–0.73%** | **Hawaii–0.73%** | **Hawaii–0.73%** | **Hawaii–0.73%** |
| &nbsp;&nbsp;&nbsp; Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Obligated Group); <br> Series 2024, RB<br>| 5.00% | 07/01/2038 | 7240 | &nbsp;&nbsp; 7673198 |
| Honolulu (City & County of), HI; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2012 A, GO Bonds | 4.00% | 11/01/2036 | 100 | &nbsp;&nbsp; 98797 |
| &nbsp;&nbsp;&nbsp; Series 2015 C, Ref. GO Bonds | 4.00% | 10/01/2032 | 4980 | &nbsp;&nbsp; 4985167 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, GO Bonds | 5.00% | 09/01/2041 | 1770 | &nbsp;&nbsp; 1792200 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 09/01/2041 | 2000 | &nbsp;&nbsp; 2035677 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(a)</sup> <br>| 5.00% | 06/01/2026 | 3625 | &nbsp;&nbsp; 3685063 |
|  |  |  |  | &nbsp;&nbsp; 20270102 |
| **Idaho–0.21%** | **Idaho–0.21%** | **Idaho–0.21%** | **Idaho–0.21%** | **Idaho–0.21%** |
| Canyon County School District No. 139 Vallivue; Series 2015 A, GO Bonds | 5.00% | 09/15/2034 | 775 | &nbsp;&nbsp; 777637 |
| Idaho (State of) Housing & Finance Association; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023 A, RB | 5.00% | 08/15/2039 | 1650 | &nbsp;&nbsp; 1772206 |
| &nbsp;&nbsp;&nbsp; Series 2024 A, RB (CEP - GNMA) | 6.00% | 07/01/2054 | 2970 | &nbsp;&nbsp; 3232084 |
|  |  |  |  | &nbsp;&nbsp; 5781927 |
| **Illinois–5.22%** | **Illinois–5.22%** | **Illinois–5.22%** | **Illinois–5.22%** | **Illinois–5.22%** |
| Chicago (City of), IL; Series 2023 B, Ref. RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 11/01/2038 | 1250 | &nbsp;&nbsp; 1308318 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Illinois–(continued)** | **Illinois–(continued)** | **Illinois–(continued)** | **Illinois–(continued)** | **Illinois–(continued)** |
| Chicago (City of), IL (O'Hare International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 01/01/2035 | $2500 | &nbsp;&nbsp; $2513101 |
| &nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 01/01/2041 | 6000 | &nbsp;&nbsp; 6007856 |
| &nbsp;&nbsp;&nbsp; Series 2016 C, Ref. RB | 5.00% | 01/01/2038 | 1500 | &nbsp;&nbsp; 1504795 |
| &nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 01/01/2039 | 1125 | &nbsp;&nbsp; 1132577 |
| &nbsp;&nbsp;&nbsp; Series 2017 C, Ref. RB | 5.00% | 01/01/2041 | 1000 | &nbsp;&nbsp; 1005060 |
| &nbsp;&nbsp;&nbsp; Series 2017 D, RB | 5.25% | 01/01/2029 | 1665 | &nbsp;&nbsp; 1719582 |
| &nbsp;&nbsp;&nbsp; Series 2017 D, RB | 5.25% | 01/01/2036 | 5000 | &nbsp;&nbsp; 5096256 |
| &nbsp;&nbsp;&nbsp; Series 2017 D, RB | 5.25% | 01/01/2042 | 6555 | &nbsp;&nbsp; 6606799 |
| &nbsp;&nbsp;&nbsp; Series 2024 B, RB | 5.00% | 01/01/2039 | 1350 | &nbsp;&nbsp; 1442033 |
| &nbsp;&nbsp;&nbsp; Series 2024 B, RB | 5.00% | 01/01/2040 | 1000 | &nbsp;&nbsp; 1056647 |
| Chicago (City of), IL Board of Education; Series 1998 B-1, GO Bonds (INS - NATL)<sup>(d)(e)</sup> <br>| 0.00% | 12/01/2025 | 735 | &nbsp;&nbsp; 720655 |
| Chicago (City of), IL Midway International Airport; Series 2016 B, Ref. RB | 4.00% | 01/01/2034 | 1000 | &nbsp;&nbsp; 994849 |
| Cook (County of), IL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 11/15/2037 | 1900 | &nbsp;&nbsp; 1939038 |
| &nbsp;&nbsp;&nbsp; Series 2018, Ref. GO Bonds | 5.00% | 11/15/2034 | 1000 | &nbsp;&nbsp; 1014786 |
| &nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.25% | 11/15/2035 | 1000 | &nbsp;&nbsp; 1032452 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 5.00% | 11/15/2030 | 1600 | &nbsp;&nbsp; 1739019 |
| Elmhurst Park District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025, GO Bonds | 5.00% | 12/15/2041 | 500 | &nbsp;&nbsp; 528676 |
| &nbsp;&nbsp;&nbsp; Series 2025, GO Bonds | 5.00% | 12/15/2042 | 1000 | &nbsp;&nbsp; 1047691 |
| &nbsp;&nbsp;&nbsp; Grundy Kendall & Will Counties Community High School District No. 111 (Minooka); Series 2022, <br> GO Bonds<br>| 5.00% | 10/15/2028 | 1480 | &nbsp;&nbsp; 1556962 |
| Illinois (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 06/15/2026 | 500 | &nbsp;&nbsp; 501134 |
| &nbsp;&nbsp;&nbsp; Series 2016, GO Bonds | 5.00% | 06/01/2027 | 1010 | &nbsp;&nbsp; 1025611 |
| &nbsp;&nbsp;&nbsp; Series 2017 D, GO Bonds | 5.00% | 11/01/2027 | 1065 | &nbsp;&nbsp; 1108252 |
| &nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.50% | 05/01/2026 | 6750 | &nbsp;&nbsp; 6886941 |
| Illinois (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2034 | 1650 | &nbsp;&nbsp; 1651256 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2035 | 3750 | &nbsp;&nbsp; 3781682 |
| Illinois (State of) Finance Authority (Advocate Health Care Network); Series 2008 A, Ref. RB | 5.00% | 11/01/2030 | 1990 | &nbsp;&nbsp; 2059597 |
| Illinois (State of) Finance Authority (Ascension Health); Series 2016 C, Ref. RB<sup>(c)</sup> <br>| 5.00% | 02/15/2036 | 2500 | &nbsp;&nbsp; 2540203 |
| Illinois (State of) Finance Authority (DePaul College Prep Foundation); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, Ref. RB<sup>(b)</sup> <br>| 4.30% | 08/01/2028 | 1220 | &nbsp;&nbsp; 1225528 |
| &nbsp;&nbsp;&nbsp; Series 2023, Ref. RB<sup>(b)</sup> <br>| 5.25% | 08/01/2038 | 1300 | &nbsp;&nbsp; 1350339 |
| Illinois (State of) Finance Authority (DePaul University); Series 2016, RB | 5.00% | 10/01/2041 | 2500 | &nbsp;&nbsp; 2458161 |
| Illinois (State of) Finance Authority (Rosalind Franklin University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2030 | 380 | &nbsp;&nbsp; 388782 |
| &nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2031 | 375 | &nbsp;&nbsp; 383010 |
| &nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2033 | 470 | &nbsp;&nbsp; 478040 |
| Illinois (State of) Finance Authority (The University of Chicago); Series 2015 A, RB | 5.00% | 10/01/2040 | 6440 | &nbsp;&nbsp; 6461415 |
| &nbsp;&nbsp;&nbsp; Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); <br> Series 2002, RB (INS - NATL)<sup>(d)(e)</sup> <br>| 0.00% | 12/15/2032 | 15000 | &nbsp;&nbsp; 10939017 |
| Illinois (State of) Municipal Electric Agency; Series 2015 A, Ref. RB | 4.00% | 02/01/2035 | 7430 | &nbsp;&nbsp; 7324071 |
| Illinois (State of) Toll Highway Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2014 C, RB | 5.00% | 01/01/2036 | 8170 | &nbsp;&nbsp; 8171111 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 01/01/2037 | 5550 | &nbsp;&nbsp; 5550269 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 01/01/2040 | 6500 | &nbsp;&nbsp; 6476525 |
| &nbsp;&nbsp;&nbsp; Series 2015 B, RB | 5.00% | 01/01/2036 | 4000 | &nbsp;&nbsp; 4022945 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 01/01/2042 | 5825 | &nbsp;&nbsp; 5856591 |
| &nbsp;&nbsp;&nbsp; Kendall, Kane & Will (Counties of), IL Community Unit School District No. 308; Series 2016, Ref. <br> GO Bonds<br>| 5.00% | 02/01/2035 | 1000 | &nbsp;&nbsp; 1005796 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Illinois–(continued)** | **Illinois–(continued)** | **Illinois–(continued)** | **Illinois–(continued)** | **Illinois–(continued)** |
| Long Grove (Village of), IL (Sunset Grove); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.00% | 01/01/2026 | $280 | &nbsp;&nbsp; $278136 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.10% | 01/01/2027 | 290 | &nbsp;&nbsp; 285313 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.25% | 01/01/2028 | 305 | &nbsp;&nbsp; 300195 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.35% | 01/01/2029 | 320 | &nbsp;&nbsp; 314020 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.50% | 01/01/2030 | 330 | &nbsp;&nbsp; 321036 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.60% | 01/01/2031 | 345 | &nbsp;&nbsp; 335573 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 3.70% | 01/01/2032 | 490 | &nbsp;&nbsp; 474213 |
| Morton Grove-Niles Water Commission; Series 2018 A, GO Bonds | 5.00% | 12/01/2041 | 3635 | &nbsp;&nbsp; 3679838 |
| Peoria (City of), IL Public Building Commission; Series 2019 A, Ref. RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 12/01/2029 | 3430 | &nbsp;&nbsp; 3571671 |
| Railsplitter Tobacco Settlement Authority; Series 2017, RB<sup>(c)</sup> <br>| 5.00% | 06/01/2026 | 5135 | &nbsp;&nbsp; 5241400 |
| Sales Tax Securitization Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 01/01/2026 | 6525 | &nbsp;&nbsp; 6589339 |
| &nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 01/01/2028 | 1120 | &nbsp;&nbsp; 1168633 |
|  |  |  |  | &nbsp;&nbsp; 144172795 |
| **Indiana–1.83%** | **Indiana–1.83%** | **Indiana–1.83%** | **Indiana–1.83%** | **Indiana–1.83%** |
| Columbus (City of), IN; Series 2016, Ref. RB (INS - BAM)<sup>(d)</sup> <br>| 1.99% | 02/15/2027 | 4100 | &nbsp;&nbsp; 3990982 |
| Indiana (State of) Finance Authority (Citizens Energy Group); Series 2016, RB | 5.00% | 10/01/2041 | 750 | &nbsp;&nbsp; 759507 |
| Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.); Series 2010 A, RB | 3.00% | 11/01/2030 | 4350 | &nbsp;&nbsp; 4193755 |
| Indiana (State of) Finance Authority (U.S. Steel Corp.); Series 2021 A, Ref. RB | 4.13% | 12/01/2026 | 7000 | &nbsp;&nbsp; 7005207 |
| Indiana (State of) Municipal Power Agency; Series 2016 A, Ref. RB | 5.00% | 01/01/2042 | 10000 | &nbsp;&nbsp; 10049619 |
| Northern Indiana Commuter Transportation District; Series 2016, RB | 5.00% | 07/01/2041 | 7140 | &nbsp;&nbsp; 7212095 |
| Rockport (City of), IN (Indiana Michigan Power Co.); Series 2025, Ref. RB<sup>(a)</sup> <br>| 3.70% | 06/01/2029 | 5000 | &nbsp;&nbsp; 4989620 |
| Whiting (City of), IN; Series 2008, RB<sup>(a)</sup> <br>| 4.20% | 06/21/2035 | 12400 | &nbsp;&nbsp; 12379229 |
|  |  |  |  | &nbsp;&nbsp; 50580014 |
| **Iowa–1.44%** | **Iowa–1.44%** | **Iowa–1.44%** | **Iowa–1.44%** | **Iowa–1.44%** |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.); Series 2022, Ref. RB<sup>(a)(c)</sup> <br>| 4.00% | 12/01/2032 | 10000 | &nbsp;&nbsp; 10584402 |
| Iowa (State of) Tobacco Settlement Authority; Series 2021 B-1, Ref. RB | 4.00% | 06/01/2049 | 1915 | &nbsp;&nbsp; 1915000 |
| PEFA, Inc.; Series 2019, RB<sup>(a)</sup> <br>| 5.00% | 09/01/2026 | 25105 | &nbsp;&nbsp; 25382978 |
| Waterloo (City of), IA; Series 2024 D, GO Bonds | 4.50% | 06/01/2027 | 1700 | &nbsp;&nbsp; 1722370 |
|  |  |  |  | &nbsp;&nbsp; 39604750 |
| **Kansas–1.72%** | **Kansas–1.72%** | **Kansas–1.72%** | **Kansas–1.72%** | **Kansas–1.72%** |
| Kansas (State of) Department of Transportation; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. RB | 5.00% | 09/01/2029 | 3000 | &nbsp;&nbsp; 3247496 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. RB | 5.00% | 09/01/2030 | 4000 | &nbsp;&nbsp; 4394437 |
| Kansas (State of) Development Finance Authority; Series 2021, Ref. RB<sup>(a)</sup> <br>| 5.00% | 11/15/2031 | 17450 | &nbsp;&nbsp; 18991486 |
| Manhattan (City of), KS; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. GO Bonds | 5.00% | 11/01/2028 | 2275 | &nbsp;&nbsp; 2412378 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. GO Bonds | 5.00% | 11/01/2029 | 2240 | &nbsp;&nbsp; 2404757 |
| &nbsp;&nbsp;&nbsp; Shawnee County Unified School District No. 437 Auburn - Washburn; Series 2015, Ref. GO <br> Bonds<br>| 4.00% | 09/01/2026 | 1690 | &nbsp;&nbsp; 1693780 |
| University of Kansas Hospital Authority (KU Health System); Series 2015, Ref. RB | 5.00% | 09/01/2045 | 10020 | &nbsp;&nbsp; 9973619 |
| Wichita (City of), KS (Presbyterian Manors, Inc.); Series 2024 VIII, Ref. RB | 5.25% | 05/15/2039 | 2000 | &nbsp;&nbsp; 1929528 |
| Wyandotte (County of) & Kansas City (City of), KS Unified Government; Series 2016 C, RB | 5.00% | 09/01/2041 | 2450 | &nbsp;&nbsp; 2480930 |
|  |  |  |  | &nbsp;&nbsp; 47528411 |
| **Kentucky–2.06%** | **Kentucky–2.06%** | **Kentucky–2.06%** | **Kentucky–2.06%** | **Kentucky–2.06%** |
| Christian (County of), KY (Jennie Stuart Medical Center, Inc.); Series 2016, Ref. RB | 5.00% | 02/01/2026 | 430 | &nbsp;&nbsp; 433360 |
| &nbsp;&nbsp;&nbsp; Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation <br> Kentucky Information Highway); Series 2015 A, RB<br>| 5.00% | 07/01/2037 | 4400 | &nbsp;&nbsp; 4401616 |
| Kentucky (Commonwealth of) Property & Building Commission (No. 115); Series 2017, RB | 5.00% | 04/01/2028 | 1000 | &nbsp;&nbsp; 1037406 |
| Kentucky (Commonwealth of) Property & Building Commission (No. 131); Series 2024 A, RB | 5.00% | 10/01/2041 | 2880 | &nbsp;&nbsp; 3017277 |
| Kentucky (Commonwealth of) Public Energy Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 C-1, RB<sup>(a)(c)</sup> <br>| 4.00% | 06/01/2025 | 11970 | &nbsp;&nbsp; 11970000 |
| &nbsp;&nbsp;&nbsp; Series 2019 C, RB<sup>(a)</sup> <br>| 4.00% | 02/01/2028 | 5075 | &nbsp;&nbsp; 5070983 |
| &nbsp;&nbsp;&nbsp; Series 2023 A-1, Ref. RB<sup>(a)</sup> <br>| 5.25% | 02/01/2032 | 15000 | &nbsp;&nbsp; 15878278 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. RB<sup>(a)</sup> <br>| 5.25% | 12/01/2029 | 6500 | &nbsp;&nbsp; 6819556 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Kentucky–(continued)** | **Kentucky–(continued)** | **Kentucky–(continued)** | **Kentucky–(continued)** | **Kentucky–(continued)** |
| &nbsp;&nbsp;&nbsp; Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, <br> Inc.); Series 2016 A, Ref. RB<br>| 5.00% | 10/01/2033 | $1740 | &nbsp;&nbsp; $1760174 |
| Trimble (County of), KY (Louisville Gas & Electric); Series 2002 A, Ref. RB | 0.63% | 09/01/2026 | 3375 | &nbsp;&nbsp; 3230747 |
| University of Kentucky; Series 2018 A, RB (CEP - Colorado Higher Education Intercept Program) | 4.00% | 10/01/2032 | 3250 | &nbsp;&nbsp; 3254139 |
|  |  |  |  | &nbsp;&nbsp; 56873536 |
| **Louisiana–0.39%** | **Louisiana–0.39%** | **Louisiana–0.39%** | **Louisiana–0.39%** | **Louisiana–0.39%** |
| Louisiana (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, GO Bonds | 5.00% | 09/01/2036 | 3000 | &nbsp;&nbsp; 3049778 |
| &nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB (SOFR + 0.50%)<sup>(a)(h)</sup> <br>| 3.55% | 05/01/2026 | 3415 | &nbsp;&nbsp; 3406963 |
| Louisiana Housing Corp. (Home Ownership Program); Series 2022 B, RB (CEP - GNMA) | 6.00% | 12/01/2052 | 3735 | &nbsp;&nbsp; 3983745 |
| New Orleans (City of), LA; Series 2015, RB | 5.00% | 06/01/2027 | 350 | &nbsp;&nbsp; 350535 |
|  |  |  |  | &nbsp;&nbsp; 10791021 |
| **Maryland–1.36%** | **Maryland–1.36%** | **Maryland–1.36%** | **Maryland–1.36%** | **Maryland–1.36%** |
| Anne Arundel (County of), MD; Series 2018, GO Bonds | 5.00% | 10/01/2035 | 5125 | &nbsp;&nbsp; 5273175 |
| Baltimore (City of), MD (Water); Series 2014 A, RB | 5.00% | 07/01/2034 | 3635 | &nbsp;&nbsp; 3638505 |
| Howard (County of), MD Housing Commission (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 1.20% | 06/01/2027 | 3000 | &nbsp;&nbsp; 2837776 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 1.60% | 06/01/2029 | 2000 | &nbsp;&nbsp; 1800654 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 4.13% | 12/01/2043 | 1000 | &nbsp;&nbsp; 900608 |
| Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 08/15/2027 | 2000 | &nbsp;&nbsp; 2001035 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 05/15/2042 | 3125 | &nbsp;&nbsp; 3083733 |
| Maryland Economic Development Corp.; Series 2025, Ref. RB<sup>(a)(b)</sup> <br>| 5.00% | 03/27/2035 | 3845 | &nbsp;&nbsp; 3753496 |
| Washington (State of) Suburban Sanitary Commission; Series 2015 B, VRD RB<sup>(f)</sup> <br>| 1.55% | 06/01/2027 | 14210 | &nbsp;&nbsp; 14210000 |
|  |  |  |  | &nbsp;&nbsp; 37498982 |
| **Massachusetts–2.14%** | **Massachusetts–2.14%** | **Massachusetts–2.14%** | **Massachusetts–2.14%** | **Massachusetts–2.14%** |
| Boston (City of), MA; Series 2025 A, GO Bonds | 5.00% | 02/01/2030 | 3200 | &nbsp;&nbsp; 3507420 |
| Massachusetts (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. GO Bonds<sup>(a)(c)</sup> <br>| 5.00% | 07/01/2025 | 10000 | &nbsp;&nbsp; 10015316 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, GO Bonds | 5.00% | 04/01/2035 | 7000 | &nbsp;&nbsp; 7172063 |
| Massachusetts (Commonwealth of) Bay Transportation Authority; Series 2016 A, Ref. RB<sup>(e)</sup> <br>| 0.00% | 07/01/2031 | 13000 | &nbsp;&nbsp; 10302708 |
| &nbsp;&nbsp;&nbsp; Massachusetts (Commonwealth of) Clean Water Trust (The) (Green Bonds); Series 2025-23B, <br> RB<br>| 5.00% | 02/01/2042 | 1000 | &nbsp;&nbsp; 1069308 |
| Massachusetts (Commonwealth of) Development Finance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 F, Ref. RB | 5.00% | 08/15/2034 | 1750 | &nbsp;&nbsp; 1750915 |
| &nbsp;&nbsp;&nbsp; Series 2016 I, Ref. RB | 5.00% | 07/01/2036 | 1175 | &nbsp;&nbsp; 1183871 |
| &nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 07/01/2025 | 845 | &nbsp;&nbsp; 845746 |
| &nbsp;&nbsp;&nbsp; Series 2025, RB | 5.00% | 07/01/2029 | 3200 | &nbsp;&nbsp; 3358435 |
| &nbsp;&nbsp;&nbsp; Massachusetts (Commonwealth of) Development Finance Agency (Boston Medical Center); <br> Series 2016, Ref. RB<br>| 5.00% | 07/01/2035 | 1905 | &nbsp;&nbsp; 1906026 |
| &nbsp;&nbsp;&nbsp; Massachusetts (Commonwealth of) Development Finance Agency (Brown University); <br> Series 2025, RB<sup>(a)</sup> <br>| 5.00% | 08/15/2031 | 2750 | &nbsp;&nbsp; 2900264 |
| Massachusetts (Commonwealth of) School Building Authority; Series 2015 D, Ref. RB | 5.00% | 08/15/2037 | 15000 | &nbsp;&nbsp; 14999218 |
|  |  |  |  | &nbsp;&nbsp; 59011290 |
| **Michigan–4.07%** | **Michigan–4.07%** | **Michigan–4.07%** | **Michigan–4.07%** | **Michigan–4.07%** |
| Byron Center Public Schools; Series 2017 I, GO Bonds | 5.00% | 05/01/2039 | 2290 | &nbsp;&nbsp; 2330370 |
| Great Lakes Water Authority; Series 2016 C, Ref. RB | 5.00% | 07/01/2036 | 1660 | &nbsp;&nbsp; 1676350 |
| Hudsonville Public Schools; Series 2017, Ref. GO Bonds | 5.00% | 05/01/2039 | 1500 | &nbsp;&nbsp; 1522849 |
| Livonia Public Schools; Series 2016, GO Bonds (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 05/01/2040 | 4365 | &nbsp;&nbsp; 4415884 |
| Michigan (State of) Building Authority (Facilities Program); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 I, Ref. RB | 5.00% | 04/15/2038 | 3750 | &nbsp;&nbsp; 3758435 |
| &nbsp;&nbsp;&nbsp; Series 2016 I, Ref. RB | 5.00% | 04/15/2036 | 1540 | &nbsp;&nbsp; 1563961 |
| &nbsp;&nbsp;&nbsp; Series 2016 I, Ref. RB | 5.00% | 04/15/2041 | 3450 | &nbsp;&nbsp; 3472648 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. VRD RB<sup>(f)</sup> <br>| 2.07% | 10/15/2042 | 2000 | &nbsp;&nbsp; 2000000 |
| &nbsp;&nbsp;&nbsp; Series 2023 I-M, VRD RB<sup>(f)</sup> <br>| 2.07% | 04/15/2058 | 10000 | &nbsp;&nbsp; 10000000 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Michigan–(continued)** | **Michigan–(continued)** | **Michigan–(continued)** | **Michigan–(continued)** | **Michigan–(continued)** |
| Michigan (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2020 B-1, Ref. RB | 5.00% | 06/01/2049 | $2435 | &nbsp;&nbsp; $2411744 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. RB | 5.00% | 02/15/2030 | 1680 | &nbsp;&nbsp; 1829497 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, Ref. RB | 5.00% | 08/15/2030 | 1250 | &nbsp;&nbsp; 1372366 |
| Michigan (State of) Finance Authority (Detroit Water & Sewerage Department); Series 2015, RB | 5.00% | 07/01/2035 | 7830 | &nbsp;&nbsp; 7829486 |
| Michigan (State of) Finance Authority (Henry Ford Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 11/15/2032 | 2725 | &nbsp;&nbsp; 2766334 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 11/15/2037 | 4235 | &nbsp;&nbsp; 4259040 |
| Michigan (State of) Finance Authority (McLaren Health Care); Series 2015, Ref. RB | 5.00% | 05/15/2038 | 5000 | &nbsp;&nbsp; 4999885 |
| Michigan (State of) Finance Authority (Trinity Health Credit Group); Series 2017, Ref. RB | 5.00% | 12/01/2035 | 1785 | &nbsp;&nbsp; 1828094 |
| Michigan (State of) Housing Development Authority (Social Bonds); Series 2024 A, RB | 6.00% | 06/01/2054 | 6655 | &nbsp;&nbsp; 7148849 |
| Michigan State University Board of Trustees; Series 2015 A, RB<sup>(a)(c)</sup> <br>| 5.00% | 08/15/2025 | 2075 | &nbsp;&nbsp; 2080168 |
| Portage Public Schools; Series 2016, Ref. GO Bonds | 5.00% | 11/01/2035 | 1300 | &nbsp;&nbsp; 1319140 |
| Rib Floater Trust; Series 2022-047, VRD RB<sup>(b)(f)</sup> <br>| 1.53% | 12/01/2045 | 10000 | &nbsp;&nbsp; 10000000 |
| Rochester Community School District; Series 2016 I, GO Bonds | 5.00% | 05/01/2031 | 1500 | &nbsp;&nbsp; 1524664 |
| Rockford Public Schools; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. GO Bonds | 5.00% | 05/01/2038 | 1025 | &nbsp;&nbsp; 1037041 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. GO Bonds | 5.00% | 05/01/2039 | 1025 | &nbsp;&nbsp; 1036396 |
| Trenton Public Schools School District; Series 2018, GO Bonds | 5.00% | 05/01/2042 | 5000 | &nbsp;&nbsp; 5062903 |
| Troy School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, GO Bonds | 5.00% | 05/01/2042 | 1335 | &nbsp;&nbsp; 1397663 |
| &nbsp;&nbsp;&nbsp; Series 2023, GO Bonds | 5.00% | 05/01/2043 | 1310 | &nbsp;&nbsp; 1362194 |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 D, RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 12/01/2040 | 9325 | &nbsp;&nbsp; 9331933 |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 12/01/2037 | 1250 | &nbsp;&nbsp; 1273375 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, RB | 5.00% | 12/01/2034 | 1650 | &nbsp;&nbsp; 1790454 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, RB | 5.00% | 12/01/2036 | 1685 | &nbsp;&nbsp; 1808207 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, RB | 5.00% | 12/01/2038 | 2000 | &nbsp;&nbsp; 2114289 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, RB | 5.00% | 12/01/2039 | 1855 | &nbsp;&nbsp; 1949980 |
| Wayne State University; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 11/15/2026 | 2750 | &nbsp;&nbsp; 2798344 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.00% | 11/15/2036 | 1120 | &nbsp;&nbsp; 1126906 |
|  |  |  |  | &nbsp;&nbsp; 112199449 |
| **Minnesota–0.57%** | **Minnesota–0.57%** | **Minnesota–0.57%** | **Minnesota–0.57%** | **Minnesota–0.57%** |
| Brainerd (City of), MN; Series 2025, RB | 5.00% | 05/01/2035 | 2010 | &nbsp;&nbsp; 2019792 |
| Brooklyn Park (City of), MN (Prairie Seeds Academy); Series 2024, Ref. RB | 5.00% | 06/15/2034 | 2195 | &nbsp;&nbsp; 2204624 |
| Hennepin (County of), MN; Series 2017 C, GO Bonds | 5.00% | 12/01/2037 | 2750 | &nbsp;&nbsp; 2803289 |
| &nbsp;&nbsp;&nbsp; Minnesota (State of) Higher Education Facilities Authority (Concordia University, St. Paul); <br> Series 2007, VRD RB (LOC - U.S. Bank N.A.)<sup>(f)(g)</sup> <br>| 1.60% | 04/01/2037 | 1555 | &nbsp;&nbsp; 1555000 |
| Minnesota (State of) Municipal Power Agency; Series 2016, RB | 5.00% | 10/01/2032 | 1500 | &nbsp;&nbsp; 1538628 |
| Minnesota Agricultural & Economic Development Board (HealthPartners Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 01/01/2038 | 1000 | &nbsp;&nbsp; 1051112 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 01/01/2039 | 2570 | &nbsp;&nbsp; 2678932 |
| Western Minnesota Municipal Power Agency; Series 2015 A, Ref. RB | 5.00% | 01/01/2031 | 1820 | &nbsp;&nbsp; 1840250 |
|  |  |  |  | &nbsp;&nbsp; 15691627 |
| **Mississippi–0.45%** | **Mississippi–0.45%** | **Mississippi–0.45%** | **Mississippi–0.45%** | **Mississippi–0.45%** |
| Mississippi (State of); Series 2015 E, RB | 5.00% | 10/15/2035 | 5430 | &nbsp;&nbsp; 5443348 |
| &nbsp;&nbsp;&nbsp; Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care); <br> Series 2016, RB<br>| 5.00% | 09/01/2036 | 7000 | &nbsp;&nbsp; 7031925 |
|  |  |  |  | &nbsp;&nbsp; 12475273 |
| **Missouri–1.88%** | **Missouri–1.88%** | **Missouri–1.88%** | **Missouri–1.88%** | **Missouri–1.88%** |
| &nbsp;&nbsp;&nbsp; Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health); <br> Series 2017 A, Ref. RB<br>| 5.00% | 03/01/2036 | 3525 | &nbsp;&nbsp; 3558938 |
| Jackson County Consolidated School District No. 4; Series 2022, GO Bonds | 5.00% | 03/01/2037 | 3550 | &nbsp;&nbsp; 3617735 |
| Maryland Heights (City of), MO (Westport Plaza Redevelopment); Series 2020, RB | 4.13% | 11/01/2038 | 1105 | &nbsp;&nbsp; 1020461 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Missouri–(continued)** | **Missouri–(continued)** | **Missouri–(continued)** | **Missouri–(continued)** | **Missouri–(continued)** |
| Missouri (State of) Health & Educational Facilities Authority (Coxhealth); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2032 | $2615 | &nbsp;&nbsp; $2626821 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2033 | 1800 | &nbsp;&nbsp; 1807139 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2034 | 3200 | &nbsp;&nbsp; 3210851 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2039 | 3200 | &nbsp;&nbsp; 3201394 |
| Missouri (State of) Health & Educational Facilities Authority (Mercy Health); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2012, RB | 4.00% | 11/15/2042 | 690 | &nbsp;&nbsp; 616901 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/01/2026 | 120 | &nbsp;&nbsp; 122142 |
| &nbsp;&nbsp;&nbsp; Missouri (State of) Health & Educational Facilities Authority (St. Louis University); Series 2015 <br> A, RB<br>| 5.00% | 10/01/2038 | 9180 | &nbsp;&nbsp; 9205680 |
| &nbsp;&nbsp;&nbsp; Missouri (State of) Health & Educational Facilities Authority (St. Luke's Health System, Inc.); <br> Series 2016, Ref. RB<br>| 5.00% | 11/15/2031 | 2740 | &nbsp;&nbsp; 2772885 |
| North Kansas City School District No. 74 (Missouri Direct Deposit Program); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022, GO Bonds | 5.25% | 03/01/2038 | 2500 | &nbsp;&nbsp; 2677302 |
| &nbsp;&nbsp;&nbsp; Series 2025, GO Bonds | 6.00% | 03/01/2030 | 2430 | &nbsp;&nbsp; 2741663 |
| Pattonville R-3 School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 03/01/2036 | 1700 | &nbsp;&nbsp; 1722618 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 03/01/2037 | 2095 | &nbsp;&nbsp; 2121474 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 03/01/2038 | 1000 | &nbsp;&nbsp; 1011821 |
| St. Charles (City of), MO; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024 A, GO Bonds | 5.00% | 03/01/2040 | 1155 | &nbsp;&nbsp; 1234154 |
| &nbsp;&nbsp;&nbsp; Series 2024 A, GO Bonds | 5.00% | 03/01/2041 | 2500 | &nbsp;&nbsp; 2655231 |
| &nbsp;&nbsp;&nbsp; St. Louis (City of), MO Land Clearance for Redevelopment Authority (Scottrade Center); <br> Series 2018 A, RB<br>| 5.00% | 04/01/2038 | 4000 | &nbsp;&nbsp; 4038990 |
| &nbsp;&nbsp;&nbsp; St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills); <br> Series 2012, RB<br>| 5.00% | 09/01/2032 | 930 | &nbsp;&nbsp; 930138 |
| &nbsp;&nbsp;&nbsp; Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure); <br> Series 2023, RB<sup>(b)</sup> <br>| 5.00% | 10/01/2033 | 1105 | &nbsp;&nbsp; 1081275 |
|  |  |  |  | &nbsp;&nbsp; 51975613 |
| **Nebraska–1.40%** | **Nebraska–1.40%** | **Nebraska–1.40%** | **Nebraska–1.40%** | **Nebraska–1.40%** |
| Central Plains Energy Project (No. 3); Series 2017 A, Ref. RB | 5.00% | 09/01/2034 | 830 | &nbsp;&nbsp; 881931 |
| Douglas (County of), NE (Creighton University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 07/01/2028 | 1000 | &nbsp;&nbsp; 1057028 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 07/01/2029 | 1000 | &nbsp;&nbsp; 1070776 |
| Nebraska (State of) Public Power District; Series 2016 C, RB | 5.00% | 01/01/2036 | 2355 | &nbsp;&nbsp; 2369956 |
| Omaha (City of), NE Public Power District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 02/01/2041 | 1810 | &nbsp;&nbsp; 1821674 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 02/01/2042 | 23765 | &nbsp;&nbsp; 23968676 |
| &nbsp;&nbsp;&nbsp; Series 2025 A, RB | 5.00% | 02/01/2030 | 2000 | &nbsp;&nbsp; 2180977 |
| Public Power Generation Agency (Whelan Energy Center Unit 2); Series 2016, Ref. RB | 5.00% | 01/01/2032 | 5180 | &nbsp;&nbsp; 5271440 |
|  |  |  |  | &nbsp;&nbsp; 38622458 |
| **Nevada–1.29%** | **Nevada–1.29%** | **Nevada–1.29%** | **Nevada–1.29%** | **Nevada–1.29%** |
| Clark (County of), NV; Series 2015, RB<sup>(a)(c)</sup> <br>| 5.00% | 08/28/2025 | 4500 | &nbsp;&nbsp; 4519719 |
| Clark (County of), NV Department of Aviation; Series 2015 A, Ref. RB | 5.00% | 07/01/2040 | 7150 | &nbsp;&nbsp; 7149831 |
| Clark County School District; Series 2015 C, Ref. GO Bonds (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 06/15/2027 | 4000 | &nbsp;&nbsp; 4036425 |
| Humboldt (County of), NV; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 3.55% | 10/01/2029 | 2760 | &nbsp;&nbsp; 2776046 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 3.55% | 10/01/2029 | 3500 | &nbsp;&nbsp; 3509810 |
| Las Vegas Valley Water District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. GO Bonds | 5.00% | 06/01/2038 | 1340 | &nbsp;&nbsp; 1351179 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. GO Bonds | 5.00% | 06/01/2041 | 1280 | &nbsp;&nbsp; 1287321 |
| &nbsp;&nbsp;&nbsp; Series 2016 B, Ref. GO Bonds | 5.00% | 06/01/2036 | 3750 | &nbsp;&nbsp; 3792258 |
| Nevada (State of); Series 2024 A, GO Bonds | 6.00% | 12/01/2028 | 2190 | &nbsp;&nbsp; 2395042 |
| Sparks (City of), NV (Tourism Improvement District No. 1); Series 2019 A, Ref. RB<sup>(b)</sup> <br>| 2.75% | 06/15/2028 | 880 | &nbsp;&nbsp; 855066 |
| Washoe (County of), NV (Sierra Pacific Power Corp.); Series 2016, Ref. RB<sup>(a)</sup> <br>| 3.63% | 10/01/2029 | 4015 | &nbsp;&nbsp; 4003356 |
|  |  |  |  | &nbsp;&nbsp; 35676053 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **New Hampshire–1.46%** | **New Hampshire–1.46%** | **New Hampshire–1.46%** | **New Hampshire–1.46%** | **New Hampshire–1.46%** |
| New Hampshire (State of) Business Finance Authority; Series 2020-1A, RB | 4.13% | 01/20/2034 | $1737 | &nbsp;&nbsp; $1706837 |
| New Hampshire (State of) Business Finance Authority (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022-1A, RB | 4.38% | 09/20/2036 | 8175 | &nbsp;&nbsp; 7931487 |
| &nbsp;&nbsp;&nbsp; Series 2022-2A, RB | 4.00% | 10/20/2036 | 6631 | &nbsp;&nbsp; 6241193 |
| New Hampshire (State of) Business Finance Authority (Social Certificates); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024-1A, RB<sup>(a)</sup> <br>| 4.15% | 10/01/2034 | 2990 | &nbsp;&nbsp; 2774570 |
| &nbsp;&nbsp;&nbsp; Series 2024-1A, RB | 4.25% | 07/20/2041 | 6967 | &nbsp;&nbsp; 6461803 |
| &nbsp;&nbsp;&nbsp; Series 2024-3, Revenue Ctfs. | 4.16% | 10/20/2041 | 9950 | &nbsp;&nbsp; 8776556 |
| New Hampshire (State of) Business Finance Authority (The Attwater); Series 2024, RB<sup>(b)(e)</sup> <br>| 0.00% | 04/01/2032 | 5000 | &nbsp;&nbsp; 3226253 |
| New Hampshire (State of) Health and Education Facilities Authority; Series 2016, Ref. RB | 5.50% | 06/01/2036 | 3250 | &nbsp;&nbsp; 3277729 |
|  |  |  |  | &nbsp;&nbsp; 40396428 |
| **New Jersey–2.99%** | **New Jersey–2.99%** | **New Jersey–2.99%** | **New Jersey–2.99%** | **New Jersey–2.99%** |
| New Jersey (State of) Economic Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 AAA, RB<sup>(a)(c)</sup> <br>| 5.00% | 12/15/2026 | 1450 | &nbsp;&nbsp; 1497885 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 07/01/2027 | 5000 | &nbsp;&nbsp; 5151840 |
| &nbsp;&nbsp;&nbsp; New Jersey (State of) Economic Development Authority (Leap Academy University Charter <br> School, Inc.); Series 2013, RB<br>| 6.00% | 10/01/2043 | 1540 | &nbsp;&nbsp; 1540977 |
| New Jersey (State of) Educational Facilities Authority; Series 2015 D, Ref. RB | 5.00% | 07/01/2034 | 2090 | &nbsp;&nbsp; 2091327 |
| &nbsp;&nbsp;&nbsp; New Jersey (State of) Educational Facilities Authority (Princeton University); Series 2025 A, <br> RB<sup>(a)</sup> <br>| 5.00% | 07/01/2031 | 5000 | &nbsp;&nbsp; 5452710 |
| &nbsp;&nbsp;&nbsp; New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health <br> Obligated Group); Series 2017, Ref. RB<br>| 5.00% | 07/01/2029 | 1120 | &nbsp;&nbsp; 1153406 |
| &nbsp;&nbsp;&nbsp; New Jersey (State of) Health Care Facilities Financing Authority (Inspira Health Obligated <br> Group); Series 2016, Ref. RB<br>| 5.00% | 07/01/2033 | 1000 | &nbsp;&nbsp; 1010778 |
| &nbsp;&nbsp;&nbsp; New Jersey (State of) Health Care Facilities Financing Authority (RWJ Barnabas Health Obligated <br> Group); Series 2016 A, Ref. RB<br>| 5.00% | 07/01/2031 | 5195 | &nbsp;&nbsp; 5279888 |
| New Jersey (State of) Housing & Mortgage Finance Agency (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022 I, RB | 5.00% | 10/01/2053 | 9905 | &nbsp;&nbsp; 10203571 |
| &nbsp;&nbsp;&nbsp; Series 2024 K, RB | 6.00% | 10/01/2055 | 3205 | &nbsp;&nbsp; 3444654 |
| New Jersey (State of) Transportation Trust Fund Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RN | 5.00% | 06/15/2029 | 5000 | &nbsp;&nbsp; 5081496 |
| &nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 12/15/2027 | 10250 | &nbsp;&nbsp; 10739935 |
| &nbsp;&nbsp;&nbsp; Series 2023 AA, Ref. RB | 5.00% | 06/15/2040 | 3500 | &nbsp;&nbsp; 3632032 |
| &nbsp;&nbsp;&nbsp; Series 2024 AA, Ref. RB | 5.25% | 06/15/2041 | 4500 | &nbsp;&nbsp; 4748332 |
| New Jersey (State of) Turnpike Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 01/01/2032 | 2105 | &nbsp;&nbsp; 2158052 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 01/01/2035 | 5995 | &nbsp;&nbsp; 6119743 |
| &nbsp;&nbsp;&nbsp; Series 2025 B, RB | 5.00% | 01/01/2030 | 5000 | &nbsp;&nbsp; 5411580 |
| &nbsp;&nbsp;&nbsp; Passaic (County of), NJ Improvement Authority (The) (Community Charter School of Paterson); <br> Series 2024, RB<br>| 5.00% | 01/01/2034 | 280 | &nbsp;&nbsp; 285989 |
| Tobacco Settlement Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/01/2025 | 1000 | &nbsp;&nbsp; 1000000 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/01/2033 | 6500 | &nbsp;&nbsp; 6635833 |
|  |  |  |  | &nbsp;&nbsp; 82640028 |
| **New Mexico–0.88%** | **New Mexico–0.88%** | **New Mexico–0.88%** | **New Mexico–0.88%** | **New Mexico–0.88%** |
| Farmington (City of), NM (Public Service Co. of New Mexico San Juan); Series 2010, Ref. RB<sup>(a)</sup> <br>| 3.90% | 06/01/2028 | 6300 | &nbsp;&nbsp; 6347808 |
| Farmington (City of), NM (Southern California Edison); Series 2005 B, Ref. RB | 1.80% | 04/01/2029 | 8000 | &nbsp;&nbsp; 7207553 |
| New Mexico (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023 A-2, RB | 5.00% | 06/01/2038 | 1320 | &nbsp;&nbsp; 1320610 |
| &nbsp;&nbsp;&nbsp; Series 2023 A-2, RB | 5.00% | 06/01/2048 | 4300 | &nbsp;&nbsp; 4300223 |
| &nbsp;&nbsp;&nbsp; New Mexico Mortgage Finance Authority (Santa Fe Apartments and Sangre De Cristo); <br> Series 2023, RB<sup>(a)</sup> <br>| 5.00% | 06/01/2025 | 5000 | &nbsp;&nbsp; 5000000 |
|  |  |  |  | &nbsp;&nbsp; 24176194 |
| **New York–7.46%** | **New York–7.46%** | **New York–7.46%** | **New York–7.46%** | **New York–7.46%** |
| Metropolitan Transportation Authority; Series 2016 A, Ref. RB | 5.25% | 11/15/2034 | 5600 | &nbsp;&nbsp; 5704993 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **New York–(continued)** | **New York–(continued)** | **New York–(continued)** | **New York–(continued)** | **New York–(continued)** |
| Metropolitan Transportation Authority (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A2, Ref. RB | 5.00% | 11/15/2027 | $9000 | &nbsp;&nbsp; $9232048 |
| &nbsp;&nbsp;&nbsp; Series 2020 E, Ref. RB | 5.00% | 11/15/2027 | 3750 | &nbsp;&nbsp; 3911663 |
| &nbsp;&nbsp;&nbsp; Series 2020 E, Ref. RB | 5.00% | 11/15/2028 | 4000 | &nbsp;&nbsp; 4232327 |
| Monroe County Industrial Development Corp. (St. Ann's Community); Series 2019, Ref. RB | 5.00% | 01/01/2040 | 1500 | &nbsp;&nbsp; 1383635 |
| Nassau (County of), NY; Series 2016 C, GO Bonds | 5.00% | 04/01/2034 | 5335 | &nbsp;&nbsp; 5373626 |
| New York (City of), NY; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2012, VRD GO Bonds<sup>(f)</sup> <br>| 1.60% | 04/01/2042 | 15000 | &nbsp;&nbsp; 15000000 |
| &nbsp;&nbsp;&nbsp; Series 2018 E-1, GO Bonds | 5.00% | 03/01/2039 | 3625 | &nbsp;&nbsp; 3694789 |
| &nbsp;&nbsp;&nbsp; Subseries 2018 F-1, GO Bonds | 5.00% | 04/01/2040 | 2270 | &nbsp;&nbsp; 2307783 |
| &nbsp;&nbsp;&nbsp; Subseries 2022 B-1, GO Bonds | 5.25% | 10/01/2040 | 4500 | &nbsp;&nbsp; 4802170 |
| New York (City of), NY Industrial Development Agency (Yankee Stadium); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2006, RB (INS - FGIC)<sup>(d)(h)</sup> <br>| 3.19% | 03/01/2026 | 2725 | &nbsp;&nbsp; 2709806 |
| &nbsp;&nbsp;&nbsp; Series 2006, RB (INS - FGIC)<sup>(d)(h)</sup> <br>| 3.20% | 03/01/2027 | 5500 | &nbsp;&nbsp; 5436182 |
| New York (City of), NY Municipal Water Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 GG, Ref. RB<sup>(a)(c)</sup> <br>| 5.00% | 06/15/2025 | 5000 | &nbsp;&nbsp; 5003480 |
| &nbsp;&nbsp;&nbsp; Series 2016 CC, Ref. RB | 5.00% | 06/15/2046 | 4000 | &nbsp;&nbsp; 4005718 |
| New York (City of), NY Transitional Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 S-1, RB | 5.00% | 07/15/2037 | 1055 | &nbsp;&nbsp; 1055392 |
| &nbsp;&nbsp;&nbsp; Series 2024 C, GO Bonds | 5.00% | 05/01/2039 | 10000 | &nbsp;&nbsp; 10733771 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 05/01/2041 | 1000 | &nbsp;&nbsp; 1050464 |
| &nbsp;&nbsp;&nbsp; Subseries 2010 A-4, VRD RB<sup>(f)</sup> <br>| 1.50% | 08/01/2039 | 5000 | &nbsp;&nbsp; 5000000 |
| &nbsp;&nbsp;&nbsp; Subseries 2015 B-1, RB | 5.00% | 11/01/2037 | 2825 | &nbsp;&nbsp; 2832627 |
| &nbsp;&nbsp;&nbsp; Subseries 2016 B-1, RB | 5.00% | 08/01/2038 | 5000 | &nbsp;&nbsp; 5043696 |
| &nbsp;&nbsp;&nbsp; Subseries 2016 B-1, RB | 5.00% | 08/01/2040 | 5000 | &nbsp;&nbsp; 5026182 |
| New York (State of) Dormitory Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 B-B, RB | 5.00% | 03/15/2035 | 6965 | &nbsp;&nbsp; 6986107 |
| &nbsp;&nbsp;&nbsp; Series 2024 A, Ref. RB | 5.00% | 03/15/2042 | 5250 | &nbsp;&nbsp; 5472287 |
| &nbsp;&nbsp;&nbsp; New York (State of) Dormitory Authority (Northwell Health Obligated Group); Series 2025, Ref. <br> RB<br>| 5.00% | 05/01/2043 | 2615 | &nbsp;&nbsp; 2677801 |
| New York (State of) Dormitory Authority (White Plains Hospital Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 10/01/2032 | 1125 | &nbsp;&nbsp; 1194774 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 10/01/2033 | 1445 | &nbsp;&nbsp; 1531939 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 10/01/2035 | 1250 | &nbsp;&nbsp; 1304714 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 10/01/2036 | 3100 | &nbsp;&nbsp; 3201754 |
| New York (State of) Housing Finance Agency (Green Bonds); Series 2024, RB<sup>(a)</sup> <br>| 3.45% | 11/01/2029 | 12800 | &nbsp;&nbsp; 12808399 |
| New York (State of) Power Authority (Green Bonds); Series 2024 A, RB | 5.00% | 11/15/2042 | 1000 | &nbsp;&nbsp; 1064072 |
| New York (State of) Utility Debt Securitization Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 12/15/2034 | 2780 | &nbsp;&nbsp; 2795033 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 12/15/2033 | 3750 | &nbsp;&nbsp; 3815329 |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 12/15/2035 | 7000 | &nbsp;&nbsp; 7121947 |
| New York City Housing Development Corp. (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 F-2, RB (CEP - Federal Housing Administration)<sup>(a)</sup> <br>| 0.60% | 07/01/2025 | 1780 | &nbsp;&nbsp; 1774871 |
| &nbsp;&nbsp;&nbsp; Series 2022 B-2, RB (CEP - Federal Housing Administration)<sup>(a)</sup> <br>| 3.40% | 12/22/2026 | 18005 | &nbsp;&nbsp; 18000441 |
| New York Convention Center Development Corp. (Hotel Unit Fee Secured); Series 2015, Ref. RB | 5.00% | 11/15/2040 | 3465 | &nbsp;&nbsp; 3466591 |
| New York Liberty Development Corp. (Green Bonds) (4 World Trade Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 0.95% | 11/15/2027 | 3000 | &nbsp;&nbsp; 2755951 |
| &nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 1.20% | 11/15/2028 | 1000 | &nbsp;&nbsp; 896859 |
| &nbsp;&nbsp;&nbsp; New York State Environmental Facilities Corp. (NYC Municipal Water Finance Authority); <br> Series 2015 A, Ref. RB<br>| 5.00% | 06/15/2034 | 6675 | &nbsp;&nbsp; 6684091 |
| New York State Urban Development Corp.; Series 2017 A, Ref. RB | 5.00% | 03/15/2030 | 1450 | &nbsp;&nbsp; 1492290 |
| Rockland Tobacco Asset Securitization Corp.; Series 2001, RB | 5.75% | 08/15/2043 | 1065 | &nbsp;&nbsp; 1079115 |
| Suffolk Tobacco Asset Securitization Corp.; Series 2021, Ref. RB | 4.00% | 06/01/2050 | 12515 | &nbsp;&nbsp; 11301140 |
| Triborough Bridge & Tunnel Authority; Series 2008 B-3, RB | 5.00% | 11/15/2036 | 5000 | &nbsp;&nbsp; 5026789 |
|  |  |  |  | &nbsp;&nbsp; 205992646 |
| **North Carolina–1.58%** | **North Carolina–1.58%** | **North Carolina–1.58%** | **North Carolina–1.58%** | **North Carolina–1.58%** |
| Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 01/15/2039 | 9540 | &nbsp;&nbsp; 9553825 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 01/15/2040 | 6000 | &nbsp;&nbsp; 6020743 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **North Carolina–(continued)** | **North Carolina–(continued)** | **North Carolina–(continued)** | **North Carolina–(continued)** | **North Carolina–(continued)** |
| North Carolina (State of) (Garvee); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 03/01/2029 | $8000 | &nbsp;&nbsp; $8592979 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 03/01/2030 | 4000 | &nbsp;&nbsp; 4353205 |
| &nbsp;&nbsp;&nbsp; North Carolina (State of) Capital Facilities Finance Agency (Duke University); Series 2016 B, <br> Ref. RB<br>| 5.00% | 07/01/2042 | 4900 | &nbsp;&nbsp; 4930503 |
| North Carolina (State of) Housing Finance Agency; Series 2020, Ref. RB (CEP - GNMA) | 3.00% | 07/01/2051 | 4160 | &nbsp;&nbsp; 4094856 |
| &nbsp;&nbsp;&nbsp; North Carolina (State of) Medical Care Commission (Novant Health Obligated Group); <br> Series 2013, Ref. RB<br>| 5.00% | 11/01/2046 | 4260 | &nbsp;&nbsp; 4215056 |
| &nbsp;&nbsp;&nbsp; North Carolina (State of) Medical Care Commission (Wake Forest Baptist Obligated Group); <br> Series 2012 A, RB<br>| 4.00% | 12/01/2045 | 230 | &nbsp;&nbsp; 204718 |
| North Carolina (State of) Municipal Power Agency No. 1 (Catawba); Series 2015 A, Ref. RB | 5.00% | 01/01/2027 | 1615 | &nbsp;&nbsp; 1631905 |
|  |  |  |  | &nbsp;&nbsp; 43597790 |
| **North Dakota–0.44%** | **North Dakota–0.44%** | **North Dakota–0.44%** | **North Dakota–0.44%** | **North Dakota–0.44%** |
| Horace (City of), ND; Series 2024 C, Ref. GO Bonds | 4.50% | 05/01/2039 | 2250 | &nbsp;&nbsp; 2155565 |
| North Dakota (State of) Housing Finance Agency; Series 2016, Ref. RB | 3.50% | 07/01/2046 | 6150 | &nbsp;&nbsp; 6131897 |
| North Dakota (State of) Housing Finance Agency (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 5.75% | 01/01/2054 | 2260 | &nbsp;&nbsp; 2393181 |
| &nbsp;&nbsp;&nbsp; Series 2024 C, RB | 6.25% | 01/01/2055 | 1430 | &nbsp;&nbsp; 1575878 |
|  |  |  |  | &nbsp;&nbsp; 12256521 |
| **Ohio–3.36%** | **Ohio–3.36%** | **Ohio–3.36%** | **Ohio–3.36%** | **Ohio–3.36%** |
| American Municipal Power, Inc. (Prairie State Energy Campus); Series 2023, Ref. RB | 5.00% | 02/15/2038 | 10000 | &nbsp;&nbsp; 10670417 |
| Bowling Green State University; Series 2017 B, Ref. RB | 5.00% | 06/01/2042 | 2205 | &nbsp;&nbsp; 2224877 |
| &nbsp;&nbsp;&nbsp; Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development <br> Corp.); Series 2014, Ref. RB<br>| 5.00% | 08/01/2039 | 3010 | &nbsp;&nbsp; 2947088 |
| Columbus Regional Airport Authority (John Glenn Columbus International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 01/01/2041 | 1550 | &nbsp;&nbsp; 1632966 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 01/01/2042 | 1000 | &nbsp;&nbsp; 1043873 |
| Franklin (County of), OH (Nationwide Children's Hospital); Series 2016, Ref. RB | 5.00% | 11/01/2033 | 2610 | &nbsp;&nbsp; 2675945 |
| Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 12/01/2037 | 1415 | &nbsp;&nbsp; 1504862 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 12/01/2038 | 1530 | &nbsp;&nbsp; 1615905 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 12/01/2041 | 965 | &nbsp;&nbsp; 999484 |
| Greater Cincinnati (Port of), OH Development Authority (IPS Cincinnati LLC); Series 2021, RB<sup>(a)</sup> <br>| 4.38% | 06/15/2026 | 4380 | &nbsp;&nbsp; 4315286 |
| Ohio (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 06/15/2037 | 3195 | &nbsp;&nbsp; 3226528 |
| &nbsp;&nbsp;&nbsp; Series 2019 A, GO Bonds | 5.00% | 05/01/2036 | 6000 | &nbsp;&nbsp; 6139997 |
| Ohio (State of) (University Hospitals Health System, Inc.); Series 2016, Ref. RB | 5.00% | 01/15/2036 | 2500 | &nbsp;&nbsp; 2506237 |
| &nbsp;&nbsp;&nbsp; Ohio (State of) Air Quality Development Authority (Duke Energy Corp.); Series 2022 B, Ref. <br> RB<sup>(a)</sup> <br>| 4.00% | 06/01/2027 | 10000 | &nbsp;&nbsp; 10076572 |
| Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(a)</sup> <br>| 2.40% | 10/01/2029 | 4500 | &nbsp;&nbsp; 4195126 |
| &nbsp;&nbsp;&nbsp; Series 2019 A, Ref. PCR | 3.25% | 09/01/2029 | 7500 | &nbsp;&nbsp; 7288117 |
| &nbsp;&nbsp;&nbsp; Ohio (State of) Higher Educational Facility Commission (Case Western Reserve University); <br> Series 2016, Ref. RB<br>| 5.00% | 12/01/2040 | 2045 | &nbsp;&nbsp; 2091224 |
| &nbsp;&nbsp;&nbsp; Ohio (State of) Higher Educational Facility Commission (John Carroll University); Series 2025, <br> RB<br>| 5.00% | 10/01/2040 | 4000 | &nbsp;&nbsp; 3959122 |
| Ohio (State of) Higher Educational Facility Commission (Kenyon College); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 07/01/2041 | 3180 | &nbsp;&nbsp; 3180229 |
| &nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 07/01/2042 | 4605 | &nbsp;&nbsp; 4633603 |
| Ohio (State of) Higher Educational Facility Commission (University of Dayton); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB<sup>(a)(c)</sup> <br>| 5.00% | 06/01/2025 | 2135 | &nbsp;&nbsp; 2135000 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB<sup>(a)(c)</sup> <br>| 5.00% | 06/01/2025 | 2565 | &nbsp;&nbsp; 2565000 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 02/01/2042 | 2975 | &nbsp;&nbsp; 3083470 |
| Ohio (State of) Housing Finance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB (CEP - GNMA) | 4.10% | 03/01/2042 | 535 | &nbsp;&nbsp; 505172 |
| &nbsp;&nbsp;&nbsp; Series 2018 A, RB (CEP - GNMA) | 4.00% | 09/01/2048 | 785 | &nbsp;&nbsp; 664925 |
| Ohio (State of) Housing Finance Agency (Social Bonds); Series 2021 A, RB | 3.00% | 03/01/2052 | 1330 | &nbsp;&nbsp; 1307074 |
| University of Cincinnati; Series 2016 C, RB | 5.00% | 06/01/2041 | 1400 | &nbsp;&nbsp; 1407058 |
| Warren (County of), OH Port Authority (Corridor 75 Park); Series 2022 B, RB | 4.75% | 12/01/2034 | 940 | &nbsp;&nbsp; 952577 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Ohio–(continued)** | **Ohio–(continued)** | **Ohio–(continued)** | **Ohio–(continued)** | **Ohio–(continued)** |
| Warren (County of), OH Port Authority (District at Deerfield Parking Facility); Series 2023, RB | 5.25% | 12/01/2034 | $3265 | &nbsp;&nbsp; $3265444 |
|  |  |  |  | &nbsp;&nbsp; 92813178 |
| **Oklahoma–0.54%** | **Oklahoma–0.54%** | **Oklahoma–0.54%** | **Oklahoma–0.54%** | **Oklahoma–0.54%** |
| Oklahoma (County of), OK Finance Authority (Midwest-City Del City Public Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, RB (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 10/01/2038 | 1000 | &nbsp;&nbsp; 1083162 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 10/01/2040 | 1500 | &nbsp;&nbsp; 1598178 |
| Oklahoma (State of) Turnpike Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(c)</sup> <br>| 5.00% | 01/01/2032 | 1745 | &nbsp;&nbsp; 1755437 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(c)</sup> <br>| 5.00% | 01/01/2038 | 2240 | &nbsp;&nbsp; 2253398 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(c)</sup> <br>| 5.00% | 01/01/2042 | 5990 | &nbsp;&nbsp; 6025827 |
| Oklahoma (State of) Turnpike Authority (Senior Bonds); Series 2025 B, Ref. RB | 5.00% | 01/01/2041 | 1000 | &nbsp;&nbsp; 1048809 |
| Tulsa County Independent School District No. 4 Bixby; Series 2025, GO Bonds | 5.00% | 06/01/2027 | 1000 | &nbsp;&nbsp; 1034770 |
|  |  |  |  | &nbsp;&nbsp; 14799581 |
| **Ontario–0.10%** | **Ontario–0.10%** | **Ontario–0.10%** | **Ontario–0.10%** | **Ontario–0.10%** |
| Affordable Housing Tax-Exempt Bond Pass-Thru Trust; Series 2023-1, RB<sup>(b)</sup> <br>| 6.00% | 10/05/2040 | 2669 | &nbsp;&nbsp; 2659572 |
| **Oregon–0.65%** | **Oregon–0.65%** | **Oregon–0.65%** | **Oregon–0.65%** | **Oregon–0.65%** |
| &nbsp;&nbsp;&nbsp; Columbia County School District No. 502; Series 2017, GO Bonds (CEP - Oregon School Bond <br> Guaranty)<br>| 5.00% | 06/15/2038 | 1310 | &nbsp;&nbsp; 1337922 |
| Morrow (Port of), OR (Bonneville Cooperation Project No. 4); Series 2024 A, GO Bonds<sup>(b)</sup> <br>| 5.15% | 10/01/2026 | 3000 | &nbsp;&nbsp; 3004476 |
| Oregon (State of) (Article XI-M); Series 2023 D, GO Bonds | 5.00% | 06/01/2041 | 2000 | &nbsp;&nbsp; 2124212 |
| Oregon (State of) (Article XI-Q State); Series 2016 D, GO Bonds | 5.00% | 05/01/2041 | 3670 | &nbsp;&nbsp; 3698628 |
| Oregon (State of) Lottery; Series 2022 A, RB | 5.00% | 04/01/2039 | 3250 | &nbsp;&nbsp; 3467243 |
| Oregon Health & Science University; Series 2016 B, Ref. RB | 5.00% | 07/01/2038 | 2035 | &nbsp;&nbsp; 2051044 |
| &nbsp;&nbsp;&nbsp; Washington & Multnomah Counties School District No. 48J Beaverton; Series 2017 D, GO Bonds <br> (CEP - Oregon School Bond Guaranty)<br>| 5.00% | 06/15/2035 | 2170 | &nbsp;&nbsp; 2226950 |
|  |  |  |  | &nbsp;&nbsp; 17910475 |
| **Pennsylvania–3.21%** | **Pennsylvania–3.21%** | **Pennsylvania–3.21%** | **Pennsylvania–3.21%** | **Pennsylvania–3.21%** |
| &nbsp;&nbsp;&nbsp; Allegheny (County of), PA Higher Education Building Authority (Carnegie Mellon University); <br> Series 2022, Ref. RB (SOFR + 0.29%)<sup>(a)(h)</sup> <br>| 3.34% | 08/01/2027 | 1000 | &nbsp;&nbsp; 995554 |
| &nbsp;&nbsp;&nbsp; Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated <br> Group Issue); Series 2018, Ref. RB<br>| 5.00% | 04/01/2035 | 2150 | &nbsp;&nbsp; 2202768 |
| &nbsp;&nbsp;&nbsp; Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.); <br> Series 2019, Ref. RB<br>| 5.13% | 05/01/2030 | 4350 | &nbsp;&nbsp; 4531291 |
| Allegheny (County of), PA Sanitary Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 12/01/2040 | 1400 | &nbsp;&nbsp; 1408831 |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 06/01/2043 | 5000 | &nbsp;&nbsp; 5049303 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 12/01/2040 | 1000 | &nbsp;&nbsp; 1061617 |
| Canonsburg-Houston Joint Authority (The); Series 2015 A, RB | 5.00% | 12/01/2040 | 1360 | &nbsp;&nbsp; 1362260 |
| Commonwealth Financing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 06/01/2025 | 1980 | &nbsp;&nbsp; 1980000 |
| &nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 06/01/2026 | 2000 | &nbsp;&nbsp; 2030186 |
| Delaware (State of) River Port Authority; Series 2013, RB | 5.00% | 01/01/2037 | 10500 | &nbsp;&nbsp; 10502515 |
| Monroeville Finance Authority; Series 2023 C, Ref. RB | 5.00% | 05/15/2039 | 1000 | &nbsp;&nbsp; 1046147 |
| &nbsp;&nbsp;&nbsp; Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, <br> LLC);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023 A, Ref. RB<sup>(a)</sup> <br>| 4.10% | 04/03/2028 | 7000 | &nbsp;&nbsp; 7087918 |
| &nbsp;&nbsp;&nbsp; Series 2023 B, Ref. RB | 4.10% | 06/01/2029 | 1550 | &nbsp;&nbsp; 1572107 |
| Pennsylvania (Commonwealth of); Series 2018 A, Ref. COP | 5.00% | 07/01/2037 | 1600 | &nbsp;&nbsp; 1641375 |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023 A-2, RB | 5.00% | 05/15/2039 | 800 | &nbsp;&nbsp; 825495 |
| &nbsp;&nbsp;&nbsp; Series 2023 B, Ref. RB | 5.00% | 05/15/2039 | 1000 | &nbsp;&nbsp; 1031869 |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-136, Ref. RB | 3.00% | 10/01/2051 | 6607 | &nbsp;&nbsp; 6524877 |
| &nbsp;&nbsp;&nbsp; Series 2021-137, RB | 3.00% | 10/01/2051 | 11560 | &nbsp;&nbsp; 11248014 |
| &nbsp;&nbsp;&nbsp; Series 2024-145A, RB | 6.00% | 10/01/2054 | 2485 | &nbsp;&nbsp; 2675719 |
| &nbsp;&nbsp;&nbsp; Pennsylvania (Commonwealth of) Public School Building Authority (Delaware County Community <br> College); Series 2023, RB (INS - BAM)<sup>(d)</sup> <br>| 4.13% | 10/01/2048 | 5005 | &nbsp;&nbsp; 4375703 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** |
| Pennsylvania (Commonwealth of) Turnpike Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 12/01/2033 | $2000 | &nbsp;&nbsp; $2036254 |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 12/01/2034 | 2525 | &nbsp;&nbsp; 2566380 |
| &nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 12/01/2028 | 2000 | &nbsp;&nbsp; 2135872 |
| Pennsylvania State University (The); Series 2015 B, Ref. RB | 5.00% | 09/01/2034 | 1000 | &nbsp;&nbsp; 1003724 |
| Philadelphia (City of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 07/01/2042 | 1740 | &nbsp;&nbsp; 1748025 |
| &nbsp;&nbsp;&nbsp; Series 2024 C, RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 09/01/2040 | 1000 | &nbsp;&nbsp; 1058922 |
| &nbsp;&nbsp;&nbsp; Series 2024 C, RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 09/01/2041 | 1250 | &nbsp;&nbsp; 1313461 |
| State College Area School District; Series 2015, GO Bonds | 5.00% | 03/15/2040 | 6400 | &nbsp;&nbsp; 6405266 |
| &nbsp;&nbsp;&nbsp; Temple University-of The Commonwealth System of Higher Education; Series 2025, Ref. RB <br> (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 04/01/2042 | 1000 | &nbsp;&nbsp; 1048831 |
|  |  |  |  | &nbsp;&nbsp; 88470284 |
| **Puerto Rico–1.57%** | **Puerto Rico–1.57%** | **Puerto Rico–1.57%** | **Puerto Rico–1.57%** | **Puerto Rico–1.57%** |
| Children's Trust Fund; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2002, RB | 5.50% | 05/15/2039 | 4250 | &nbsp;&nbsp; 4290998 |
| &nbsp;&nbsp;&nbsp; Series 2002, RB | 5.63% | 05/15/2043 | 900 | &nbsp;&nbsp; 910358 |
| Puerto Rico (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.38% | 07/01/2025 | 16596 | &nbsp;&nbsp; 16607779 |
| &nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2027 | 4240 | &nbsp;&nbsp; 4352462 |
| &nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2029 | 3632 | &nbsp;&nbsp; 3806818 |
| &nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.75% | 07/01/2031 | 1000 | &nbsp;&nbsp; 1070637 |
| Puerto Rico (Commonwealth of) Electric Power Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2004 PP, Ref. RB (INS - NATL)<sup>(d)</sup> <br>| 5.00% | 07/01/2025 | 300 | &nbsp;&nbsp; 300001 |
| &nbsp;&nbsp;&nbsp; Series 2005 RR, RB (INS - SGI)<sup>(d)</sup> <br>| 5.00% | 07/01/2026 | 4000 | &nbsp;&nbsp; 4000163 |
| &nbsp;&nbsp;&nbsp; Series 2005 SS, Ref. RB (INS - NATL)<sup>(d)</sup> <br>| 5.00% | 07/01/2025 | 355 | &nbsp;&nbsp; 355002 |
| &nbsp;&nbsp;&nbsp; Series 2007 TT, RB (INS - NATL)<sup>(d)</sup> <br>| 5.00% | 07/01/2026 | 270 | &nbsp;&nbsp; 270011 |
| Puerto Rico Sales Tax Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(e)</sup> <br>| 0.00% | 07/01/2027 | 5752 | &nbsp;&nbsp; 5294120 |
| &nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(e)</sup> <br>| 0.00% | 07/01/2033 | 2755 | &nbsp;&nbsp; 1952687 |
|  |  |  |  | &nbsp;&nbsp; 43211036 |
| **Rhode Island–1.26%** | **Rhode Island–1.26%** | **Rhode Island–1.26%** | **Rhode Island–1.26%** | **Rhode Island–1.26%** |
| Rhode Island Health & Educational Building Corp. (Brown University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, Ref. RB | 5.00% | 09/01/2041 | 4030 | &nbsp;&nbsp; 4261255 |
| &nbsp;&nbsp;&nbsp; Series 2023, Ref. RB | 5.00% | 09/01/2042 | 4155 | &nbsp;&nbsp; 4363584 |
| &nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp. (University of Rhode Island - Auxiliary <br> Enterprise); Series 2009 B, RB (INS - AGI)<sup>(d)</sup> <br>| 5.25% | 09/15/2029 | 1100 | &nbsp;&nbsp; 1102216 |
| Tobacco Settlement Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2027 | 6810 | &nbsp;&nbsp; 6815698 |
| &nbsp;&nbsp;&nbsp; Series 2015 B, Ref. RB | 4.50% | 06/01/2045 | 8945 | &nbsp;&nbsp; 8944485 |
| &nbsp;&nbsp;&nbsp; Series 2015 B, Ref. RB | 5.00% | 06/01/2050 | 9325 | &nbsp;&nbsp; 9259197 |
|  |  |  |  | &nbsp;&nbsp; 34746435 |
| **South Carolina–0.98%** | **South Carolina–0.98%** | **South Carolina–0.98%** | **South Carolina–0.98%** | **South Carolina–0.98%** |
| Charleston County Airport District; Series 2019, RB | 5.00% | 07/01/2043 | 3050 | &nbsp;&nbsp; 3080844 |
| Coastal Carolina University; Series 2014, RB | 5.00% | 06/01/2034 | 1355 | &nbsp;&nbsp; 1356327 |
| Dorchester (County of), SC; Series 2023, RB | 5.25% | 10/01/2043 | 1590 | &nbsp;&nbsp; 1492647 |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & <br> South of Broad Healthcare);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 11/15/2032 | 450 | &nbsp;&nbsp; 465952 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 11/15/2033 | 400 | &nbsp;&nbsp; 411666 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 11/15/2034 | 350 | &nbsp;&nbsp; 359320 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 11/15/2035 | 375 | &nbsp;&nbsp; 381914 |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Jobs-Economic Development Authority (Bon Secours Mercy Health); <br> Series 2020, RB<sup>(a)</sup> <br>| 5.00% | 10/01/2025 | 5000 | &nbsp;&nbsp; 5024464 |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Jobs-Economic Development Authority (Carolina Voyager); <br> Series 2024 A, RB<sup>(b)</sup> <br>| 5.00% | 06/15/2034 | 2215 | &nbsp;&nbsp; 2300784 |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Jobs-Economic Development Authority (High Point Academy); <br> Series 2018 A, RB<sup>(b)</sup> <br>| 5.75% | 06/15/2039 | 870 | &nbsp;&nbsp; 793490 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **South Carolina–(continued)** | **South Carolina–(continued)** | **South Carolina–(continued)** | **South Carolina–(continued)** | **South Carolina–(continued)** |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Jobs-Economic Development Authority (Oceanside Collegiate <br> Academy); Series 2024, Ref. RB<sup>(b)</sup> <br>| 5.00% | 06/15/2034 | $1355 | &nbsp;&nbsp; $1411474 |
| South Carolina (State of) Public Service Authority; Series 2016 B, Ref. RB | 5.00% | 12/01/2041 | 2000 | &nbsp;&nbsp; 1997411 |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Public Service Authority (Santee Cooper); Series 2024 B, Ref. RB (INS - <br> AGI)<sup>(d)</sup> <br>| 5.00% | 12/01/2042 | 7730 | &nbsp;&nbsp; 7964241 |
|  |  |  |  | &nbsp;&nbsp; 27040534 |
| **South Dakota–0.21%** | **South Dakota–0.21%** | **South Dakota–0.21%** | **South Dakota–0.21%** | **South Dakota–0.21%** |
| South Dakota Conservancy District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2014 B, RB<sup>(a)(c)</sup> <br>| 5.00% | 07/04/2025 | 3020 | &nbsp;&nbsp; 3024833 |
| &nbsp;&nbsp;&nbsp; Series 2014 B, RB<sup>(a)(c)</sup> <br>| 5.00% | 07/04/2025 | 2765 | &nbsp;&nbsp; 2769424 |
|  |  |  |  | &nbsp;&nbsp; 5794257 |
| **Tennessee–1.87%** | **Tennessee–1.87%** | **Tennessee–1.87%** | **Tennessee–1.87%** | **Tennessee–1.87%** |
| Chattanooga (City of), TN; Series 2015 C, Ref. RB<sup>(a)(c)</sup> <br>| 5.00% | 09/01/2025 | 1750 | &nbsp;&nbsp; 1751566 |
| Metropolitan Nashville Airport Authority (The); Series 2015 A, RB | 5.00% | 07/01/2045 | 4000 | &nbsp;&nbsp; 3999845 |
| &nbsp;&nbsp;&nbsp; Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational <br> Facilities Board (The) (Vanderbilt University Medical Center); Series 2016 A, RB<br>| 5.00% | 07/01/2035 | 20330 | &nbsp;&nbsp; 20442175 |
| &nbsp;&nbsp;&nbsp; Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur <br> Healthcare); Series 2017, RB<br>| 5.00% | 05/01/2035 | 1500 | &nbsp;&nbsp; 1522765 |
| Tennessee (State of); Series 2023 A, GO Bonds | 5.00% | 05/01/2039 | 11410 | &nbsp;&nbsp; 12350766 |
| Tennessee Energy Acquisition Corp.; Series 2018, RB<sup>(a)</sup> <br>| 4.00% | 11/01/2025 | 7420 | &nbsp;&nbsp; 7423671 |
| Tennessee Housing Development Agency; Series 2015-2B, RB | 3.45% | 07/01/2029 | 2580 | &nbsp;&nbsp; 2580147 |
| West Wilson Utility Wilson County (District of), TN; Series 2015, Ref. RB | 5.00% | 06/01/2040 | 1545 | &nbsp;&nbsp; 1545673 |
|  |  |  |  | &nbsp;&nbsp; 51616608 |
| **Texas–11.76%** | **Texas–11.76%** | **Texas–11.76%** | **Texas–11.76%** | **Texas–11.76%** |
| Allen Independent School District; Series 2016, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2039 | 1000 | &nbsp;&nbsp; 1003716 |
| Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(a)(b)</sup> <br>| 4.50% | 06/15/2026 | 1400 | &nbsp;&nbsp; 1392247 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(a)(b)</sup> <br>| 4.88% | 06/15/2026 | 1500 | &nbsp;&nbsp; 1497301 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB<sup>(b)</sup> <br>| 4.13% | 06/15/2034 | 770 | &nbsp;&nbsp; 752927 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB<sup>(b)</sup> <br>| 4.25% | 06/15/2039 | 1075 | &nbsp;&nbsp; 1002834 |
| Austin (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2045 | 5000 | &nbsp;&nbsp; 4958420 |
| &nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 11/15/2042 | 2500 | &nbsp;&nbsp; 2528093 |
| &nbsp;&nbsp;&nbsp; Series 2023, Ref. RB | 5.00% | 11/15/2041 | 2630 | &nbsp;&nbsp; 2762762 |
| &nbsp;&nbsp;&nbsp; Austin Independent School District; Series 2022 B, Ref. GO Bonds (CEP - Texas Permanent <br> School Fund)<br>| 5.00% | 08/01/2032 | 2080 | &nbsp;&nbsp; 2296410 |
| Bexar (County of), TX; Series 2018, Ctfs. of Obligations | 5.00% | 06/15/2042 | 1000 | &nbsp;&nbsp; 1010272 |
| &nbsp;&nbsp;&nbsp; Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation); <br> Series 2016, Ref. RB<br>| 4.00% | 07/15/2031 | 1500 | &nbsp;&nbsp; 1430398 |
| &nbsp;&nbsp;&nbsp; Boerne Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School <br> Fund)<sup>(a)</sup> <br>| 3.85% | 12/01/2027 | 4290 | &nbsp;&nbsp; 4355406 |
| Carrollton (City of), TX; Series 2023, Ref. GO Bonds | 5.00% | 08/15/2038 | 1940 | &nbsp;&nbsp; 2083657 |
| Clifton Higher Education Finance Corp. (International Leadership of Texas); Series 2018 D, RB | 6.13% | 08/15/2048 | 6500 | &nbsp;&nbsp; 6506960 |
| &nbsp;&nbsp;&nbsp; Comal Independent School District; Series 2017, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 02/01/2037 | 1500 | &nbsp;&nbsp; 1514790 |
| Corpus Christi Independent School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015, GO Bonds (CEP - Texas Permanent School Fund)<sup>(a)(c)</sup> <br>| 5.00% | 08/15/2025 | 4000 | &nbsp;&nbsp; 4014439 |
| &nbsp;&nbsp;&nbsp; Series 2023, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2039 | 1305 | &nbsp;&nbsp; 1384722 |
| Dallas & Fort Worth (Cities of), TX; Series 2022 B, Ref. RB | 5.00% | 11/01/2040 | 1950 | &nbsp;&nbsp; 2051451 |
| Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB | 5.00% | 11/01/2038 | 4500 | &nbsp;&nbsp; 4787737 |
| &nbsp;&nbsp;&nbsp; Series 2024, RB | 5.00% | 11/01/2041 | 1500 | &nbsp;&nbsp; 1580339 |
| Dallas (City of), TX (Dallas, Denton, Collin and Rockwall Counties); Series 2016 A, Ref. RB | 5.00% | 10/01/2041 | 1000 | &nbsp;&nbsp; 1012158 |
| &nbsp;&nbsp;&nbsp; Dallas (City of), TX Independent School District; Series 2025 A-1, GO Bonds (CEP - Texas <br> Permanent School Fund)<sup>(a)</sup> <br>| 5.00% | 02/15/2026 | 6440 | &nbsp;&nbsp; 6507133 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Texas–(continued)** | **Texas–(continued)** | **Texas–(continued)** | **Texas–(continued)** | **Texas–(continued)** |
| Dallas College; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022, GO Bonds | 5.00% | 02/15/2035 | $1000 | &nbsp;&nbsp; $1001228 |
| &nbsp;&nbsp;&nbsp; Series 2022,GO Bonds<sup>(a)(c)</sup> <br>| 5.00% | 08/15/2025 | 1060 | &nbsp;&nbsp; 1063826 |
| &nbsp;&nbsp;&nbsp; Series 2022,GO Bonds | 5.00% | 02/15/2037 | 2660 | &nbsp;&nbsp; 2662003 |
| Denton (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2032 | 3000 | &nbsp;&nbsp; 3056301 |
| &nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2036 | 6850 | &nbsp;&nbsp; 6922503 |
| Denton (County of), TX; Series 2025, GO Bonds | 5.00% | 07/15/2029 | 1000 | &nbsp;&nbsp; 1078923 |
| El Paso (City of), TX; Series 2016, GO Bonds | 5.00% | 08/15/2028 | 3000 | &nbsp;&nbsp; 3072600 |
| &nbsp;&nbsp;&nbsp; El Paso Independent School District; Series 2017, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 08/15/2042 | 3750 | &nbsp;&nbsp; 3793159 |
| &nbsp;&nbsp;&nbsp; Forney Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 08/15/2041 | 3800 | &nbsp;&nbsp; 3983954 |
| &nbsp;&nbsp;&nbsp; Frisco Independent School District; Series 2016 B, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 08/15/2034 | 2020 | &nbsp;&nbsp; 2058986 |
| &nbsp;&nbsp;&nbsp; Gregory-Portland Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent <br> School Fund)<br>| 5.00% | 02/15/2039 | 8030 | &nbsp;&nbsp; 8558947 |
| Harris (County of), TX; Series 2015 A, Ref. GO Bonds | 5.00% | 10/01/2037 | 4000 | &nbsp;&nbsp; 4012641 |
| Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, RB | 5.00% | 07/01/2038 | 2675 | &nbsp;&nbsp; 2692977 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 07/01/2039 | 1250 | &nbsp;&nbsp; 1322768 |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB | 5.00% | 07/01/2040 | 1000 | &nbsp;&nbsp; 1049353 |
| Houston (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 11/15/2036 | 19740 | &nbsp;&nbsp; 19742738 |
| &nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 11/15/2036 | 12000 | &nbsp;&nbsp; 12178951 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.00% | 03/01/2029 | 6000 | &nbsp;&nbsp; 6180304 |
| &nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB | 5.00% | 07/01/2043 | 2000 | &nbsp;&nbsp; 2015601 |
| Lake Travis Independent School District; Series 2023, GO Bonds | 5.00% | 02/15/2039 | 3375 | &nbsp;&nbsp; 3528350 |
| &nbsp;&nbsp;&nbsp; Lamar Consolidated Independent School District; Series 2018, GO Bonds (CEP - Texas <br> Permanent School Fund)<br>| 5.00% | 02/15/2043 | 11000 | &nbsp;&nbsp; 11073527 |
| Leander Independent School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. GO Bonds (CEP - Texas Permanent School Fund)<sup>(a)(c)</sup> <br>| 5.00% | 08/15/2025 | 3000 | &nbsp;&nbsp; 3010829 |
| &nbsp;&nbsp;&nbsp; Series 2015 A, Ref. GO Bonds (CEP - Texas Permanent School Fund)<sup>(a)(c)</sup> <br>| 5.00% | 08/15/2025 | 5900 | &nbsp;&nbsp; 5921297 |
| Lewisville Independent School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2029 | 1750 | &nbsp;&nbsp; 1891274 |
| &nbsp;&nbsp;&nbsp; Series 2025, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2030 | 1750 | &nbsp;&nbsp; 1919421 |
| Lower Colorado River Authority (LCRA Transmission Services Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2039 | 1210 | &nbsp;&nbsp; 1225284 |
| &nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2040 | 1000 | &nbsp;&nbsp; 1010513 |
| &nbsp;&nbsp;&nbsp; Series 2023, Ref. RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 05/15/2042 | 1250 | &nbsp;&nbsp; 1290312 |
| Magnolia Independent School District; Series 2023, GO Bonds | 5.00% | 08/15/2040 | 2280 | &nbsp;&nbsp; 2386688 |
| Montgomery (County of), TX; Series 2018, RB | 5.00% | 09/15/2043 | 4000 | &nbsp;&nbsp; 4002894 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp. (Forefront Living - Bella Vida); <br> Series 2025, Ref. RB<br>| 4.25% | 10/01/2030 | 7000 | &nbsp;&nbsp; 6972571 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center); Series 2021, <br> Ref. RB<sup>(b)</sup> <br>| 4.00% | 08/15/2036 | 2000 | &nbsp;&nbsp; 1829805 |
| North Harris (County of), TX Regional Water Authority; Series 2016, Ref. RB | 5.00% | 12/15/2032 | 1290 | &nbsp;&nbsp; 1317620 |
| North Texas Tollway Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 01/01/2039 | 3140 | &nbsp;&nbsp; 3151951 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 01/01/2039 | 8090 | &nbsp;&nbsp; 8228896 |
| &nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 01/01/2043 | 8000 | &nbsp;&nbsp; 8029292 |
| &nbsp;&nbsp;&nbsp; Northwest Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 02/15/2039 | 2580 | &nbsp;&nbsp; 2749948 |
| Pasadena Independent School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018, GO Bonds (CEP - Texas Permanent School Fund)<sup>(a)(c)</sup> <br>| 5.00% | 02/15/2028 | 590 | &nbsp;&nbsp; 624275 |
| &nbsp;&nbsp;&nbsp; Series 2018, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2039 | 485 | &nbsp;&nbsp; 496555 |
| Pflugerville Independent School District; Series 2023 A, GO Bonds | 5.00% | 02/15/2039 | 1295 | &nbsp;&nbsp; 1355381 |
| &nbsp;&nbsp;&nbsp; Port Aransas Independent School District; Series 2023 A, GO Bonds (CEP - Texas Permanent <br> School Fund)<br>| 5.00% | 02/15/2036 | 1380 | &nbsp;&nbsp; 1502211 |
| Port Arthur (Port of), TX Navigation District; Subseries 2010, VRD RB<sup>(f)</sup> <br>| 2.08% | 11/01/2040 | 11825 | &nbsp;&nbsp; 11825000 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Texas–(continued)** | **Texas–(continued)** | **Texas–(continued)** | **Texas–(continued)** | **Texas–(continued)** |
| &nbsp;&nbsp;&nbsp; Pottsboro Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 02/15/2040 | $1200 | &nbsp;&nbsp; $1260778 |
| San Antonio (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 02/01/2031 | 2145 | &nbsp;&nbsp; 2186657 |
| &nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 02/01/2033 | 1000 | &nbsp;&nbsp; 1030907 |
| &nbsp;&nbsp;&nbsp; Series 2024 A, RB | 5.00% | 02/01/2041 | 1000 | &nbsp;&nbsp; 1053149 |
| San Antonio (City of), TX Water System; Series 2016 C, Ref. RB | 5.00% | 05/15/2041 | 5750 | &nbsp;&nbsp; 5779698 |
| Sienna Management District; Series 2021, GO Bonds (INS - BAM)<sup>(d)</sup> <br>| 2.00% | 10/15/2030 | 555 | &nbsp;&nbsp; 476766 |
| &nbsp;&nbsp;&nbsp; Socorro Independent School District; Series 2018, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 08/15/2041 | 2555 | &nbsp;&nbsp; 2580857 |
| Spring Branch Independent School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/01/2037 | 1000 | &nbsp;&nbsp; 1081508 |
| &nbsp;&nbsp;&nbsp; Series 2022, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/01/2038 | 2250 | &nbsp;&nbsp; 2414038 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. (Texas Health Resources System); <br> Series 2016 A, Ref. RB<br>| 5.00% | 02/15/2041 | 19835 | &nbsp;&nbsp; 19901090 |
| Temple (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(a)(c)</sup> <br>| 5.00% | 08/01/2025 | 3935 | &nbsp;&nbsp; 3946455 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. GO Bonds | 5.00% | 08/01/2028 | 2145 | &nbsp;&nbsp; 2271116 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. GO Bonds | 5.00% | 08/01/2029 | 1000 | &nbsp;&nbsp; 1073785 |
| &nbsp;&nbsp;&nbsp; Texarkana Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School <br> Fund)<br>| 5.00% | 02/15/2039 | 1400 | &nbsp;&nbsp; 1495412 |
| Texas (State of); Series 2015 B, Ref. GO Bonds | 5.00% | 10/01/2036 | 23700 | &nbsp;&nbsp; 23738193 |
| Texas (State of) (Water Financial Assistance); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022 B, Ref. GO Bonds | 5.00% | 08/01/2038 | 3100 | &nbsp;&nbsp; 3101384 |
| &nbsp;&nbsp;&nbsp; Series 2022 B, Ref. GO Bonds | 5.00% | 08/01/2041 | 5000 | &nbsp;&nbsp; 5000248 |
| Texas (State of) Public Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB (INS - BAM)<sup>(d)</sup> <br>| 5.25% | 05/01/2036 | 700 | &nbsp;&nbsp; 745411 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB (INS - BAM)<sup>(d)</sup> <br>| 5.25% | 05/01/2037 | 500 | &nbsp;&nbsp; 527775 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB (INS - BAM)<sup>(d)</sup> <br>| 5.25% | 05/01/2038 | 500 | &nbsp;&nbsp; 523315 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB (INS - BAM)<sup>(d)</sup> <br>| 5.25% | 05/01/2039 | 565 | &nbsp;&nbsp; 587431 |
| Texas (State of) Water Development Board; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 10/15/2040 | 6195 | &nbsp;&nbsp; 6206561 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 10/15/2042 | 5000 | &nbsp;&nbsp; 5047579 |
| Trinity River Authority; Series 2017, Ref. RB | 5.00% | 08/01/2034 | 1200 | &nbsp;&nbsp; 1233619 |
| Trophy Club (Town of), TX (Public Improvement District No. 1); Series 2025, Ref. RB | 5.00% | 09/01/2028 | 1000 | &nbsp;&nbsp; 1032086 |
| Waco Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2039 | 1000 | &nbsp;&nbsp; 1064308 |
| West Travis County Public Utility Agency; Series 2017, Ref. RB (INS - BAM)<sup>(d)</sup> <br>| 5.00% | 08/15/2030 | 1000 | &nbsp;&nbsp; 1037286 |
|  |  |  |  | &nbsp;&nbsp; 324623241 |
| **Utah–0.26%** | **Utah–0.26%** | **Utah–0.26%** | **Utah–0.26%** | **Utah–0.26%** |
| Salt Lake City (City of), UT; Series 2017 B, RB | 5.00% | 07/01/2042 | 7100 | &nbsp;&nbsp; 7132745 |
| **Vermont–0.40%** | **Vermont–0.40%** | **Vermont–0.40%** | **Vermont–0.40%** | **Vermont–0.40%** |
| University of Vermont and State Agricultural College; Series 2015, Ref. RB | 5.00% | 10/01/2040 | 10000 | &nbsp;&nbsp; 10009210 |
| &nbsp;&nbsp;&nbsp; Vermont (State of) Educational & Health Buildings Financing Agency (University of Vermont <br> Medical Center (The)); Series 2016 A, Ref. RB<br>| 5.00% | 12/01/2032 | 1120 | &nbsp;&nbsp; 1130952 |
|  |  |  |  | &nbsp;&nbsp; 11140162 |
| **Virgin Islands–0.05%** | **Virgin Islands–0.05%** | **Virgin Islands–0.05%** | **Virgin Islands–0.05%** | **Virgin Islands–0.05%** |
| Virgin Islands (Government of) Public Finance Authority (Garvee); Series 2015, RB<sup>(b)(c)</sup> <br>| 5.00% | 09/01/2025 | 1500 | &nbsp;&nbsp; 1506874 |
| **Virginia–0.67%** | **Virginia–0.67%** | **Virginia–0.67%** | **Virginia–0.67%** | **Virginia–0.67%** |
| Chesapeake Bay Bridge & Tunnel District; Series 2016, RB (INS - AGI)<sup>(d)</sup> <br>| 5.00% | 07/01/2041 | 4910 | &nbsp;&nbsp; 4933802 |
| Hampton (City of), VA Roads Transportation Accountability Commission; Series 2021 A, RB<sup>(c)</sup> <br>| 5.00% | 07/01/2026 | 5000 | &nbsp;&nbsp; 5109676 |
| Virginia (Commonwealth of) Housing Development Authority; Subseries 2012 C-2, RB | 3.45% | 04/01/2038 | 2000 | &nbsp;&nbsp; 1792539 |
| Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023 B-3, RB | 5.38% | 09/01/2029 | 3150 | &nbsp;&nbsp; 3176039 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 6.50% | 09/01/2043 | 3250 | &nbsp;&nbsp; 3539525 |
|  |  |  |  | &nbsp;&nbsp; 18551581 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Washington–4.67%** | **Washington–4.67%** | **Washington–4.67%** | **Washington–4.67%** | **Washington–4.67%** |
| Energy Northwest (Columbia Generating Station); Series 2015 A, Ref. RB<sup>(a)(c)</sup> <br>| 5.00% | 07/01/2025 | $5760 | &nbsp;&nbsp; $5762171 |
| &nbsp;&nbsp;&nbsp; King County School District No. 401 Highline; Series 2025, GO Bonds (CEP - Oregon School <br> Bond Guaranty)<br>| 5.00% | 12/01/2042 | 1500 | &nbsp;&nbsp; 1590540 |
| &nbsp;&nbsp;&nbsp; King County School District No. 407 Riverview; Series 2014, Ref. GO Bonds (CEP - Oregon <br> School Bond Guaranty)<br>| 4.00% | 12/01/2025 | 1600 | &nbsp;&nbsp; 1601257 |
| &nbsp;&nbsp;&nbsp; Lewis & Thurston (Counties of), WA Centralia School District No. 401; Series 2017, GO Bonds <br> (CEP - Oregon School Bond Guaranty)<br>| 5.00% | 12/01/2039 | 3795 | &nbsp;&nbsp; 3842011 |
| &nbsp;&nbsp;&nbsp; North Thurston Public Schools; Series 2024, Ref. GO Bonds (CEP - Oregon School Bond <br> Guaranty)<br>| 5.00% | 12/01/2029 | 1160 | &nbsp;&nbsp; 1258748 |
| &nbsp;&nbsp;&nbsp; Puyallup School District No. 3 (Washing State School District Credit Enhancement Program); <br> Series 2016, GO Bonds (CEP - Oregon School Bond Guaranty)<br>| 5.00% | 12/01/2036 | 1800 | &nbsp;&nbsp; 1809323 |
| Seattle (City of), WA; Series 2023 A, Ref. RB | 5.00% | 03/01/2039 | 4260 | &nbsp;&nbsp; 4553557 |
| Seattle (Port of), WA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 01/01/2037 | 3500 | &nbsp;&nbsp; 3559249 |
| &nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 01/01/2042 | 3375 | &nbsp;&nbsp; 3407357 |
| Snohomish (County of), WA Public Utility District No. 1; Series 2015, RB | 5.00% | 12/01/2040 | 2775 | &nbsp;&nbsp; 2780152 |
| University of Washington; Series 2016 A, Ref. RB | 5.25% | 12/01/2046 | 10850 | &nbsp;&nbsp; 10894344 |
| Washington (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016 B, GO Bonds | 5.00% | 08/01/2040 | 2500 | &nbsp;&nbsp; 2528089 |
| &nbsp;&nbsp;&nbsp; Series 2016 C, GO Bonds | 5.00% | 02/01/2036 | 1425 | &nbsp;&nbsp; 1437178 |
| &nbsp;&nbsp;&nbsp; Series 2016 D, GO Bonds | 5.00% | 02/01/2041 | 3425 | &nbsp;&nbsp; 3444405 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, COP | 5.00% | 07/01/2033 | 2100 | &nbsp;&nbsp; 2171119 |
| &nbsp;&nbsp;&nbsp; Series 2017 A, GO Bonds | 5.00% | 08/01/2036 | 1230 | &nbsp;&nbsp; 1247884 |
| Washington (State of) (Bid Group 2); Series 2022 A-2, GO Bonds | 5.00% | 08/01/2039 | 10000 | &nbsp;&nbsp; 10610780 |
| Washington (State of) Health Care Facilities Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 08/15/2034 | 2170 | &nbsp;&nbsp; 2165021 |
| &nbsp;&nbsp;&nbsp; Series 2015 B, Ref. RB | 5.00% | 10/01/2038 | 10790 | &nbsp;&nbsp; 10802338 |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 10/01/2032 | 1940 | &nbsp;&nbsp; 1943553 |
| &nbsp;&nbsp;&nbsp; Series 2012 A, RB | 4.00% | 10/01/2034 | 17500 | &nbsp;&nbsp; 17370878 |
| &nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 10/01/2042 | 21650 | &nbsp;&nbsp; 21459363 |
| &nbsp;&nbsp;&nbsp; Series 2014 D, Ref. RB | 5.00% | 10/01/2041 | 5000 | &nbsp;&nbsp; 4999781 |
| Washington (State of) Housing Finance Commission (Social Certificates); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-1A, Revenue Ctfs. | 3.50% | 12/20/2035 | 2282 | &nbsp;&nbsp; 2119119 |
| &nbsp;&nbsp;&nbsp; Series 2024-2, RB | 4.09% | 03/20/2040 | 5976 | &nbsp;&nbsp; 5509055 |
|  |  |  |  | &nbsp;&nbsp; 128867272 |
| **West Virginia–0.08%** | **West Virginia–0.08%** | **West Virginia–0.08%** | **West Virginia–0.08%** | **West Virginia–0.08%** |
| &nbsp;&nbsp;&nbsp; West Virginia (State of) Hospital Finance Authority (West Virginia University Health System <br> Obligated Group);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 5.00% | 06/01/2038 | 1105 | &nbsp;&nbsp; 1160456 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB | 5.00% | 06/01/2039 | 1125 | &nbsp;&nbsp; 1172985 |
|  |  |  |  | &nbsp;&nbsp; 2333441 |
| **Wisconsin–1.68%** | **Wisconsin–1.68%** | **Wisconsin–1.68%** | **Wisconsin–1.68%** | **Wisconsin–1.68%** |
| Rice Lake Area School District; Series 2014, GO Bonds | 3.00% | 04/01/2026 | 1025 | &nbsp;&nbsp; 1020150 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health Credit Group); <br> Series 2016 A, Ref. RB<br>| 5.00% | 11/15/2039 | 3745 | &nbsp;&nbsp; 3756318 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group); <br> Series 2016, Ref. RB<br>| 5.00% | 11/15/2036 | 6650 | &nbsp;&nbsp; 6697033 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Health & Educational Facilities Authority (Dickson Hollow Phase II); <br> Series 2024, RB<br>| 5.45% | 10/01/2039 | 500 | &nbsp;&nbsp; 491001 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Health & Educational Facilities Authority (Forensic Science and Protective <br> Medicine Facility); Series 2024, RB<sup>(b)</sup> <br>| 5.00% | 08/01/2027 | 13230 | &nbsp;&nbsp; 13419589 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Health & Educational Facilities Authority (Froedtert Thedacare Health Inc.); <br> Series 2024, Ref. RB<br>| 5.00% | 04/01/2042 | 1000 | &nbsp;&nbsp; 1039912 |
| Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance); Series 2012, RB | 5.00% | 06/01/2032 | 1000 | &nbsp;&nbsp; 1001794 |
| Wisconsin (State of) Public Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(b)</sup> <br>| 5.75% | 07/01/2033 | 485 | &nbsp;&nbsp; 497940 |
| &nbsp;&nbsp;&nbsp; Series 2023, RB<sup>(b)</sup> <br>| 6.63% | 07/01/2043 | 650 | &nbsp;&nbsp; 659884 |
| Wisconsin (State of) Public Finance Authority (Alpha Ranch); Series 2024, RB<sup>(b)(e)</sup> <br>| 0.00% | 12/15/2038 | 5000 | &nbsp;&nbsp; 2220426 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Wisconsin–(continued)** | **Wisconsin–(continued)** | **Wisconsin–(continued)** | **Wisconsin–(continued)** | **Wisconsin–(continued)** | **Wisconsin–(continued)** |
| Wisconsin (State of) Public Finance Authority (Astro Texas Land); Series 2024, RB<sup>(a)(c)</sup> <br>| 5.50% | 06/01/2025 |  | $2088 | &nbsp;&nbsp; $2088000 |
| Wisconsin (State of) Public Finance Authority (Barton College); Series 2018 A, RB | 5.00% | 03/01/2028 |  | 840 | &nbsp;&nbsp; 834460 |
| Wisconsin (State of) Public Finance Authority (Campus Real Estate Holdings); |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 06/01/2030 |  | 750 | &nbsp;&nbsp; 776751 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB | 5.00% | 06/01/2035 |  | 1115 | &nbsp;&nbsp; 1150451 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Public Finance Authority (City of Boynton Beach, Florida Municipal <br> Improvements); Series 2018, RB<br>| 5.00% | 07/01/2041 |  | 2000 | &nbsp;&nbsp; 2022543 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Public Finance Authority (KU Campus Development Corp. - Central District <br> Development); Series 2016, RB<br>| 5.00% | 03/01/2041 |  | 4400 | &nbsp;&nbsp; 4418660 |
| &nbsp;&nbsp;&nbsp; Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.); Series 2018 <br> A, RB<br>| 5.00% | 12/01/2027 |  | 1120 | &nbsp;&nbsp; 1135459 |
| Wisconsin (State of) Public Finance Authority (Rans-Bridgewater); Series 2024, RB<sup>(b)</sup> <br>| 5.63% | 12/15/2030 |  | 1676 | &nbsp;&nbsp; 1656556 |
| Wisconsin (State of) Public Finance Authority (Rans-Elevon); Series 2024, RB<sup>(b)</sup> <br>| 5.00% | 07/15/2030 |  | 1500 | &nbsp;&nbsp; 1493531 |
|  |  |  |  |  | &nbsp;&nbsp; 46380458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Municipal Obligations (Cost $2,741,661,801) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Municipal Obligations (Cost $2,741,661,801) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Municipal Obligations (Cost $2,741,661,801) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Municipal Obligations (Cost $2,741,661,801) |  | &nbsp;&nbsp; 2736171396 |
|  |  |  | **Shares** | **Shares** |  |
| **MuniFund Preferred Shares–1.21%** | **MuniFund Preferred Shares–1.21%** | **MuniFund Preferred Shares–1.21%** | **MuniFund Preferred Shares–1.21%** | **MuniFund Preferred Shares–1.21%** | **MuniFund Preferred Shares–1.21%** |
| Nuveen AMT-Free Municipal Credit Income Fund, Series B<sup>(b)(f)</sup> <br>|  |  |  | 7500000 | &nbsp;&nbsp; 7500000 |
| Nuveen AMT-Free Quality Municipal Income Fund, MFP, Series D<sup>(b)(f)</sup> <br>|  |  |  | 12000000 | &nbsp;&nbsp; 12000000 |
| Nuveen California AMT-Free Quality Municipal Income Fund<sup>(b)(f)</sup> <br>|  |  |  | 13800000 | &nbsp;&nbsp; 13800000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total MuniFund Preferred Shares (Cost $33,300,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total MuniFund Preferred Shares (Cost $33,300,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total MuniFund Preferred Shares (Cost $33,300,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total MuniFund Preferred Shares (Cost $33,300,000) |  | &nbsp;&nbsp; 33300000 |
| TOTAL INVESTMENTS IN SECURITIES<sup>(i)</sup>–100.33% (Cost $2,774,961,801) | TOTAL INVESTMENTS IN SECURITIES<sup>(i)</sup>–100.33% (Cost $2,774,961,801) | TOTAL INVESTMENTS IN SECURITIES<sup>(i)</sup>–100.33% (Cost $2,774,961,801) | TOTAL INVESTMENTS IN SECURITIES<sup>(i)</sup>–100.33% (Cost $2,774,961,801) |  | &nbsp;&nbsp; 2769471396 |
| OTHER ASSETS LESS LIABILITIES–(0.33)% | OTHER ASSETS LESS LIABILITIES–(0.33)% | OTHER ASSETS LESS LIABILITIES–(0.33)% | OTHER ASSETS LESS LIABILITIES–(0.33)% |  | &nbsp;&nbsp; (9126699)<br>|
| NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% |  | &nbsp;&nbsp; $2760344697 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| AGI | – Assured Guaranty, Inc. |
| BAM | – Build America Mutual Assurance Co. |
| CEP | – Credit Enhancement Provider |
| COP | – Certificates of Participation |
| Ctfs. | – Certificates |
| FGIC | – Financial Guaranty Insurance Company |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| GNMA | – Government National Mortgage Association |
| GO | – General Obligation |
| INS | – Insurer |
| LOC | – Letter of Credit |
| MFP | – MuniFund Preferred Shares |
| NATL | – National Public Finance Guarantee Corp. |
| PCR | – Pollution Control Revenue Bonds |
| RAC | – Revenue Anticipation Certificates |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| RN | – Revenue Notes |
| SGI | – Syncora Guarantee, Inc. |
| SOFR | – Secured Overnight Financing Rate |
| VRD | – Variable Rate Demand |
| Wts. | – Warrants |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

<sup>(b)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2025 was $114,747,542, which represented 4.16% of the Fund's Net Assets. 

<sup>(c)</sup> Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

<sup>(d)</sup> Principal and/or interest payments are secured by the bond insurance company listed.

<sup>(e)</sup> Zero coupon bond issued at a discount.

<sup>(f)</sup> Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on May 31, 2025. 

<sup>(g)</sup> Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

<sup>(h)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2025.

<sup>(i)</sup> Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer's obligations but may be called upon to satisfy issuer's obligations. No concentration of any single entity was greater than 5% each. 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Limited Term Municipal Income Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*May 31, 2025*

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 — Prices are determined using quoted prices in an active market for identical assets.

Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

As of May 31, 2025, all of the securities in this Fund were valued based on Level 2 inputs (see the Schedule of Investments for security categories). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

**Invesco Limited Term Municipal Income Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

- **b. Investment Company Act file number:** 811-07890

- **c. CIK number of Registrant:** 0000909466

- **d. LEI of Registrant:** SW0MHD1146AQ1M76HG37

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Limited Term Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000000172

- **c. LEI of Series:** 549300VRMHG20Z0GT582

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**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:** $2830418658.49

**Total Liabilities:** $76238314.99

**Net Assets:** $2754180343.50

**Delayed Delivery Securities:** $67031668.85

**Cash Not Reported:** $21318348.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -13134.15543133 | **1-Year:** -128045.95620920 | **5-Year:** -269635.38190843 | **10-Year:** -521030.27193350 | **30-Year:** -162048.68991260

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

- **3-Month:** -670.89266099 | **1-Year:** -8947.71372198 | **5-Year:** -19033.29693734 | **10-Year:** -17774.06632914 | **30-Year:** -4393.59985018

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000023428 | -0.70%               | -0.16%               | 0.31%                |
| Class ID C000188916 | -0.60%               | -0.24%               | 0.31%                |
| Class ID C000000396 | -0.61%               | -0.25%               | 0.31%                |
| Class ID C000071234 | -0.61%               | -0.25%               | 0.31%                |
| Class ID C000130517 | -0.69%               | -0.33%               | 0.22%                |
| Class ID C000000395 | -0.63%               | -0.18%               | 0.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-872125.89              | $-25047461.11                              |
| Month 2  | $-5763259.16             | $-7920922.74                               |
| Month 3  | $-358870.66              | $13629.69                                  |

**Designated Index Information**

- **Index Name:** S&P Muni Bond Investment Grade Short Intermediate Index

- **Index Identifier:** 100% BM-Securities only

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Elbert & Highway 86 Commercial Metropolitan District                                                                                                | Elbert & Highway 86 Commercial Metropolitan District, Series 2021 A, Ref. GO Bonds                                                                     | CUSIP: 28421SAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    483000 | PA      | $461493.46    | 0.02%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.)                                                              | Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.), Series 2019, Ref. RB                                           | CUSIP: 01730PAB5<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4531291.47   | 0.16%             | 2030-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                         | Michigan (State of) Building Authority (Facilities Program), Series 2023 I-M, VRD RB                                                                   | CUSIP: 594615KQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.36%             | 2025-06-06      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                               | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                               | CUSIP: 93978HFU4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1943552.53   | 0.07%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                               | Washington (State of), Series 2017 A, COP                                                                                                              | CUSIP: 939720XD5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2171119.02   | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                            | Public Finance Authority, Series 2025, RB                                                                                                              | CUSIP: 74439YGD7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $776751.23    | 0.03%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs (City of), CO                                                                                                                      | Colorado Springs (City of), CO, Series 2023 B, Ref. RB                                                                                                 | CUSIP: 1966325Q2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2940898.72   | 0.11%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority                                                                                                       | Wisconsin (State of) Public Finance Authority, Series 2023, RB                                                                                         | CUSIP: 74442ELD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    485000 | PA      | $497939.65    | 0.02%             | 2033-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare)                              | South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare), Series 2024, RB                | CUSIP: 83704HAH0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    350000 | PA      | $359319.91    | 0.01%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gainesville (City of) & Hall (County of), GA Hospital Authority (Northeast Georgia Health System, Inc.)                                             | Gainesville (City of) & Hall (County of), GA Hospital Authority (Northeast Georgia Health System, Inc.), Series 2017, Ref. RB                          | CUSIP: 362762LT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6315000 | PA      | $6158480.83   | 0.22%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health Credit Group)                                                      | Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health Credit Group), Series 2016 A, Ref. RB                                 | CUSIP: 97712DQV1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3756318.14   | 0.14%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Sonoma County Securitization Corp.)                                                     | California (State of) County Tobacco Securitization Agency (Sonoma County Securitization Corp.), Series 2020, Ref. RB                                  | CUSIP: 13016NHA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $305998.15    | 0.01%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Municipal Power Agency No. 1 (Catawba)                                                                                    | North Carolina (State of) Municipal Power Agency No. 1 (Catawba), Series 2015 A, Ref. RB                                                               | CUSIP: 658203X25<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1631905.01   | 0.06%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $193770.76    | 0.01%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Meadow Metropolitan District (Senior Bonds)                                                                                                    | West Meadow Metropolitan District (Senior Bonds), Series 2023 A, Ref. GO Bonds                                                                         | CUSIP: 954261AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012162.90   | 0.04%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                               | Illinois (State of) Finance Authority, Series 2016 A, Ref. RB                                                                                          | CUSIP: 45204EHV3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3781681.50   | 0.14%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                | District of Columbia, Series 2023 A, RB                                                                                                                | CUSIP: 25477GVX0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5281324.00   | 0.19%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                                                                                         | New Jersey Educational Facilities Authority, Series 2025, RB                                                                                           | CUSIP: 646067KD9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5452710.50   | 0.20%             | 2031-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                          | Philadelphia (City of), PA, Series 2024 C, RB                                                                                                          | CUSIP: 7178933R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058922.20   | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                               | New York (City of), NY Transitional Finance Authority, Subseries 2016 B-1, RB                                                                          | CUSIP: 64971WS43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5043695.50   | 0.18%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinellas (County of), FL Housing Finance Authority (Social Bonds)                                                                                   | Pinellas (County of), FL Housing Finance Authority (Social Bonds), Series 2021 A, RB                                                                   | CUSIP: 72316WG84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1952658.59   | 0.07%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Parrish Lakes Community Development District                                                                                                        | Parrish Lakes Community Development District, Series 2024, RB                                                                                          | CUSIP: 70183FAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $420554.44    | 0.02%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                               | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $910357.83    | 0.03%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Trinity Health Credit Group)                                                                                 | Michigan (State of) Finance Authority (Trinity Health Credit Group), Series 2017, Ref. RB                                                              | CUSIP: 59447TQP1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1828094.18   | 0.07%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                       | North Texas Tollway Authority, Series 2017 B, Ref. RB                                                                                                  | CUSIP: 66285WXM3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8029292.00   | 0.29%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento (County of), CA                                                                                                                          | Sacramento (County of), CA, Series 2016 B, Ref. RB                                                                                                     | CUSIP: 786107PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1456669.39   | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Housing Finance Agency                                                                                                              | Ohio (State of) Housing Finance Agency, Series 2017 A, RB                                                                                              | CUSIP: 67756QUX3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    535000 | PA      | $505172.36    | 0.02%             | 2042-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport)                                                                 | Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2015 D, RB                                                 | CUSIP: 944514SY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9325000 | PA      | $9331933.14   | 0.34%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)                                                             | Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2016, Ref. RB                                          | CUSIP: 088354FK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1430397.45   | 0.05%             | 2031-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $178854.97    | 0.01%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport)                                                                 | Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2021 A, RB                                                 | CUSIP: 944514C30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1949980.27   | 0.07%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warren (County of), OH Port Authority (District at Deerfield Parking Facility)                                                                      | Warren (County of), OH Port Authority (District at Deerfield Parking Facility), Series 2023, RB                                                        | CUSIP: 93516RAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3265000 | PA      | $3265443.71   | 0.12%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                                                                                        | District of Columbia Water & Sewer Authority, Series 2016 A, Ref. RB                                                                                   | CUSIP: 254845MR8<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3111108.97   | 0.11%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV                                                                                                                               | Clark (County of), NV, Series 2015, RB                                                                                                                 | CUSIP: 181000NU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4519718.55   | 0.16%             | 2025-08-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure)                                                                   | Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure), Series 2023, RB                                                     | CUSIP: 87539QAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1081275.10   | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Clean Water Trust (The) (Green Bonds)                                                                               | Massachusetts (Commonwealth of) Clean Water Trust (The) (Green Bonds), Series 2025-23B, RB                                                             | CUSIP: 575829NP7<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069308.10   | 0.04%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento (City of), CA Unified School District                                                                                                    | Sacramento (City of), CA Unified School District, Series 2024 B, GO Bonds                                                                              | CUSIP: 785870K88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089263.20   | 0.04%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare)                              | South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare), Series 2024, RB                | CUSIP: 83704HAF4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    450000 | PA      | $465952.01    | 0.02%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                                                                                        | State of Kansas Department of Transportation, Series 2025, RB                                                                                          | CUSIP: 485424TQ8<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4394437.20   | 0.16%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of)                                                                                                                                     | Ohio (State of), Series 2018 A, GO Bonds                                                                                                               | CUSIP: 677522ZK3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3195000 | PA      | $3226527.62   | 0.12%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                          | Illinois (State of) Toll Highway Authority, Series 2014 C, RB                                                                                          | CUSIP: 452252JT7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   8170000 | PA      | $8171111.12   | 0.30%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue)                                           | Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018, Ref. RB                        | CUSIP: 01728A3V6<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2202768.10   | 0.08%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                               | Washington (State of), Series 2016 D, GO Bonds                                                                                                         | CUSIP: 93974DWP9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3444405.37   | 0.13%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Louis (City of), MO Land Clearance for Redevelopment Authority (Scottrade Center)                                                               | St. Louis (City of), MO Land Clearance for Redevelopment Authority (Scottrade Center), Series 2018 A, RB                                               | CUSIP: 85233SBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4038990.00   | 0.15%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund                                                                                                       | Nuveen AMT-Free Quality Municipal Income Fund                                                                                                          | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12000000.00  | 0.44%             | 2025-06-06      | Variable      | 2.42%                 | No            |                  2 | On Loan: No      |
| Railsplitter Tobacco Settlement Authority                                                                                                           | Railsplitter Tobacco Settlement Authority, Series 2017, RB                                                                                             | CUSIP: 75076PAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5135000 | PA      | $5241399.77   | 0.19%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                       | Main Street Natural Gas, Inc., Series 2021 A, RB                                                                                                       | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  20880000 | PA      | $20875111.99  | 0.76%             | 2027-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC)                                                  | Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC), Series 2023 A, Ref. RB                             | CUSIP: 61361TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7087918.60   | 0.26%             | 2028-04-03      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| New York (State of) Housing Finance Agency (Green Bonds)                                                                                            | New York (State of) Housing Finance Agency (Green Bonds), Series 2024, RB                                                                              | CUSIP: 64987JU33<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |  12800000 | PA      | $12808399.36  | 0.47%             | 2029-11-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Carolina Voyager)                                                                    | South Carolina (State of) Jobs-Economic Development Authority (Carolina Voyager), Series 2024 A, RB                                                    | CUSIP: 83704MEE2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2300784.07   | 0.08%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arizona Board of Regents (Social Bonds)                                                                                               | University of Arizona Board of Regents (Social Bonds), Series 2022 A, RB                                                                               | CUSIP: 040664HA5<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1218712.27   | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego (City of), CA Public Facilities Financing Authority                                                                                       | San Diego (City of), CA Public Facilities Financing Authority, Series 2016 B, Ref. RB                                                                  | CUSIP: 79730CHD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8735000 | PA      | $8852376.56   | 0.32%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                  | Tennessee Energy Acquisition Corp., Series 2018, RB                                                                                                    | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   7420000 | PA      | $7423671.42   | 0.27%             | 2025-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Elmhurst Park District                                                                                                                              | Elmhurst Park District, Series 2025, GO Bonds                                                                                                          | CUSIP: 289443JP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047691.20   | 0.04%             | 2042-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System)                                                          | Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Series 2016, RB                                            | CUSIP: 414009KN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2692977.07   | 0.10%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $278136.43    | 0.01%             | 2026-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Toll Road Authority                                                                                                               | Montgomery County Toll Road Authority, Series 2018, RB                                                                                                 | CUSIP: 61371DAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4002894.00   | 0.15%             | 2043-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rockport IN                                                                                                                                 | City of Rockport IN, Series 2025, RB                                                                                                                   | CUSIP: 773835BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4989619.50   | 0.18%             | 2029-06-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (IPS Florida LLC-Idea)                                                                                            | Florida Development Finance Corp. (IPS Florida LLC-Idea), Series 2022, RB                                                                              | CUSIP: 34061VAA4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1192363.92   | 0.04%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.)                                                                          | Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.), Series 2024, Ref. RB                                                       | CUSIP: 734195DV9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1615905.22   | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                             | New York (State of) Dormitory Authority, Series 2024 A, Ref. RB                                                                                        | CUSIP: 64990F6M1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5472286.58   | 0.20%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Expressway Authority                                                                                                     | Miami-Dade (County of), FL Expressway Authority, Series 2013 A, RB                                                                                     | CUSIP: 59334KHP6<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000767.40   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association                                                                                                      | Idaho (State of) Housing & Finance Association, Series 2024 A, RB                                                                                      | CUSIP: 45129Y5K8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2970000 | PA      | $3232083.79   | 0.12%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Seattle (City of), WA                                                                                                                               | Seattle (City of), WA, Series 2023 A, Ref. RB                                                                                                          | CUSIP: 812643YU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4260000 | PA      | $4553557.03   | 0.17%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                                                                                              | University of Kentucky, Series 2018 A, RB                                                                                                              | CUSIP: 914378ME1<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3254138.55   | 0.12%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                                                                               | North Carolina Housing Finance Agency, Series 2020, RB                                                                                                 | CUSIP: 658207D28<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   4160000 | PA      | $4094855.65   | 0.15%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (County of), OK Finance Authority (Midwest-City Del City Public Schools)                                                                   | Oklahoma (County of), OK Finance Authority (Midwest-City Del City Public Schools), Series 2024, RB                                                     | CUSIP: 67868UJM6<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083161.70   | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds)                                                             | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB                                               | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6296563.20   | 0.23%             | 2030-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority                                                                                                 | New Hampshire (State of) Business Finance Authority, Series 2020-1A, RB                                                                                | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1736955 | PA      | $1706837.20   | 0.06%             | 2034-01-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp. (Home Ownership Program)                                                                                                    | Louisiana Housing Corp. (Home Ownership Program), Series 2022 B, RB                                                                                    | CUSIP: 54627DKQ3<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $3983745.02   | 0.14%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                       | Denver (City & County of), CO, Series 2012 B, RB                                                                                                       | CUSIP: 249182GF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1125109.24   | 0.04%             | 2031-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2016 C, Ref. RB                                                                           | CUSIP: 167593VV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504794.45   | 0.05%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2015 B, Ref. RB                                                                                             | CUSIP: 888809BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8945000 | PA      | $8944484.77   | 0.32%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2017 D, RB                                                                                | CUSIP: 167593WQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6555000 | PA      | $6606798.92   | 0.24%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trimble (County of), KY (Louisville Gas & Electric)                                                                                                 | Trimble (County of), KY (Louisville Gas & Electric), Series 2002 A, Ref. RB                                                                            | CUSIP: 896224BC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3230747.10   | 0.12%             | 2026-09-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                          | Miami-Dade (County of), FL, Series 2016 A, Ref. GO Bonds                                                                                               | CUSIP: 59333FSV3<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   4260000 | PA      | $4322417.52   | 0.16%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Midway International Airport                                                                                                  | Chicago (City of), IL Midway International Airport, Series 2016 B, Ref. RB                                                                             | CUSIP: 167562QT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994849.20    | 0.04%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Astro Texas Land)                                                                                    | Wisconsin (State of) Public Finance Authority (Astro Texas Land)                                                                                       | CUSIP: 74447TAE2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2088000 | PA      | $2088000.00   | 0.08%             | 2028-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (KU Campus Development Corp. -Central District Development)                                           | Wisconsin (State of) Public Finance Authority (KU Campus Development Corp. -Central District Development), Series 2016, RB                             | CUSIP: 74444YAV6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4418660.40   | 0.16%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Travis County Public Utility Agency                                                                                                            | West Travis County Public Utility Agency, Series 2017, Ref. RB                                                                                         | CUSIP: 95632CDK2<br>LEI: 549300O1CP7CFGPMMX97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037286.30   | 0.04%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority (Santa Fe Apartments and Sangre De Cristo)                                                                    | New Mexico Mortgage Finance Authority (Santa Fe Apartments and Sangre De Cristo)                                                                       | CUSIP: 64719HEM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.18%             | 2025-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Sienna Management District                                                                                                                          | Sienna Management District, Series 2021, GO Bonds                                                                                                      | CUSIP: 82621CSD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $476765.76    | 0.02%             | 2030-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), AL                                                                                                                           | Jefferson (County of), AL, Series 2024, Ref. RB                                                                                                        | CUSIP: 472682ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4945405.98   | 0.18%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                          | Miami-Dade (County of), FL, Series 2017 A, RB                                                                                                          | CUSIP: 59334DJH8<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   5110000 | PA      | $5139676.33   | 0.19%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (DePaul College Prep Foundation)                                                                              | Illinois (State of) Finance Authority (DePaul College Prep Foundation), Series 2023, Ref. RB                                                           | CUSIP: 45204FUC7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1350338.86   | 0.05%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare)                              | South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare), Series 2024, RB                | CUSIP: 83704HAJ6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    375000 | PA      | $381913.80    | 0.01%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Coxhealth)                                                                           | Missouri (State of) Health & Educational Facilities Authority (Coxhealth), Series 2015 A, Ref. RB                                                      | CUSIP: 60637AHS4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3201393.92   | 0.12%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Charles (City of), MO                                                                                                                           | St. Charles (City of), MO, Series 2024 A, GO Bonds                                                                                                     | CUSIP: 787855X83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2655230.75   | 0.10%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio (City of), TX                                                                                                                           | San Antonio (City of), TX, Series 2016, Ref. RB                                                                                                        | CUSIP: 7962535Q1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2186656.76   | 0.08%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elmhurst Park District                                                                                                                              | Elmhurst Park District, Series 2025, GO Bonds                                                                                                          | CUSIP: 289443JN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528675.45    | 0.02%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Independent School District No 4 Bixby                                                                                                 | Tulsa County Independent School District No 4 Bixby, Series 2025, GO Bonds                                                                             | CUSIP: 899576HE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034769.70   | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (U.S. Steel Corp.)                                                                                             | Indiana (State of) Finance Authority (U.S. Steel Corp.), Series 2021 A, Ref. RB                                                                        | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7005207.30   | 0.25%             | 2026-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (DePaul College Prep Foundation)                                                                              | Illinois (State of) Finance Authority (DePaul College Prep Foundation), Series 2023, Ref. RB                                                           | CUSIP: 45204FUA1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1225528.06   | 0.04%             | 2028-08-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| JEA Electric System                                                                                                                                 | JEA Electric System, Series 2024 A, Ref. RB                                                                                                            | CUSIP: 46613SSR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534807.70    | 0.02%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Honolulu (City & County of), HI                                                                                                                     | Honolulu (City & County of), HI, Series 2012 A, GO Bonds                                                                                               | CUSIP: 438670G47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98797.23     | 0.00%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQF5<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   2755000 | PA      | $1952686.97   | 0.07%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (White Plains Hospital Obligated Group)                                                                     | New York (State of) Dormitory Authority (White Plains Hospital Obligated Group), Series 2024, RB                                                       | CUSIP: 65000B7J1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1194774.41   | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams & Arapahoe Joint School District 28J Aurora                                                                                                   | Adams & Arapahoe Joint School District 28J Aurora, Series 2025, GO Bonds                                                                               | CUSIP: 0054824K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2368058.40   | 0.09%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway)                                    | Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway), Series 2015 A, RB                    | CUSIP: 49126PEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4401615.68   | 0.16%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                                                                                     | Las Vegas Valley Water District, Series 2016 A, Ref. GO Bonds                                                                                          | CUSIP: 517845AW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1287321.34   | 0.05%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Adventist Health System)                                                               | California (State of) Health Facilities Financing Authority (Adventist Health System), Series 2013 A, RB                                               | CUSIP: 13033LS65<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    240000 | PA      | $234925.56    | 0.01%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allen Independent School District                                                                                                                   | Allen Independent School District, Series 2016, GO Bonds                                                                                               | CUSIP: 018106KK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003715.60   | 0.04%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group)                                                                 | Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group), Series 2016 A, Ref. RB                                            | CUSIP: 68450LEK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1217887.14   | 0.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group)                                                                 | Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group), Series 2016 A, Ref. RB                                            | CUSIP: 68450LEL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2698539.92   | 0.10%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                                                                                          | Brevard County Health Facilities Authority, Series 2024, RB                                                                                            | CUSIP: 107416QF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3565000 | PA      | $3844428.62   | 0.14%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle (Port of), WA                                                                                                                               | Seattle (Port of), WA, Series 2017, GO Bonds                                                                                                           | CUSIP: 735371QB5<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3559249.05   | 0.13%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pottsboro Independent School District                                                                                                               | Pottsboro Independent School District, Series 2022, GO Bonds                                                                                           | CUSIP: 738255MU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1260777.72   | 0.05%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Henry Ford Health System)                                                                                    | Michigan (State of) Finance Authority (Henry Ford Health System), Series 2016, Ref. RB                                                                 | CUSIP: 59447TMR1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4235000 | PA      | $4259040.40   | 0.15%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Miami Health Facilities Authority, Inc. (Baptist Health South Florida Obligated Group)                                                        | South Miami Health Facilities Authority, Inc. (Baptist Health South Florida Obligated Group), Series 2017, Ref. RB                                     | CUSIP: 838810ED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6024435.00   | 0.22%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudsonville Public Schools                                                                                                                          | Hudsonville Public Schools, Series 2017, Ref. GO Bonds                                                                                                 | CUSIP: 444240SM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1522849.35   | 0.06%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kendall, Kane & Will (Counties of), IL Community Unit School District No. 308                                                                       | Kendall, Kane & Will (Counties of), IL Community Unit School District No. 308, Series 2016, Ref. GO Bonds                                              | CUSIP: 488764XF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005796.40   | 0.04%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority                                                                             | Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2023 A-2, RB                                                           | CUSIP: 70870JFG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $825495.28    | 0.03%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion)                                                            | Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion), Series 2002, RB                                              | CUSIP: 592247J92<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $10939017.00  | 0.40%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 SS, Ref. RB                                                                        | CUSIP: 74526QEU2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    355000 | PA      | $355001.70    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Bon Secours Mercy Health)                                                            | South Carolina (State of) Jobs-Economic Development Authority (Bon Secours Mercy Health), Series 2020, RB                                              | CUSIP: 83703EMP7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5024464.50   | 0.18%             | 2025-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas (State of) Development Finance Authority                                                                                                     | Kansas (State of) Development Finance Authority, Series 2021, Ref. RB                                                                                  | CUSIP: 48542AFE6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |  17450000 | PA      | $18991485.89  | 0.69%             | 2031-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Douglas NE                                                                                                                                | County of Douglas NE, Series 2025, RB                                                                                                                  | CUSIP: 259226DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070776.10   | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp.                                                                                                                 | Maryland Economic Development Corp., Series 2025, RB                                                                                                   | CUSIP: 57421HAB9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   3845000 | PA      | $3753495.92   | 0.14%             | 2035-03-27      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                       | Main Street Natural Gas, Inc., Series 2021 C, RB                                                                                                       | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5006682.50   | 0.18%             | 2028-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wildwood (City of), FL Village Community Development Disctrict No. 15                                                                               | Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2023, RB                                                                 | CUSIP: 92708KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $539132.02    | 0.02%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Creekview Community Development District (Phase 2)                                                                                                  | Creekview Community Development District (Phase 2), Series 2024, RB                                                                                    | CUSIP: 225514AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $748509.23    | 0.03%             | 2031-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| North Kansas City School District No 74                                                                                                             | North Kansas City School District No 74, Series 2025, GO Bonds                                                                                         | CUSIP: 660266MB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2741663.30   | 0.10%             | 2030-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority                                                                                                               | Michigan (State of) Finance Authority, Series 2020 B-1, Ref. RB                                                                                        | CUSIP: 59447TL92<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2411744.29   | 0.09%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                                                                                            | Arizona Board of Regents, Series 2025, RB                                                                                                              | CUSIP: 040484F93<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3766765.80   | 0.14%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                                                                                      | Metropolitan Nashville Airport Authority (The), Series 2015 A, RB                                                                                      | CUSIP: 592190LW0<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3999844.80   | 0.15%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of)                                                                                                                                     | Ohio (State of), Series 2019 A, GO Bonds                                                                                                               | CUSIP: 677522G40<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6139996.80   | 0.22%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Forensic Science and Protective Medicine Facility)                                  | Wisconsin (State of) Health & Educational Facilities Authority (Forensic Science and Protective Medicine Facility), Series 2024, RB                    | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |  13230000 | PA      | $13419588.55  | 0.49%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park (City of), MN (Prairie Seeds Academy)                                                                                                 | Brooklyn Park (City of), MN (Prairie Seeds Academy), Series 2024, Ref. RB                                                                              | CUSIP: 114224AN8<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2204623.76   | 0.08%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                               | Illinois (State of) Finance Authority, Series 2015 A, Ref. RB                                                                                          | CUSIP: 45203H5C2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1651256.31   | 0.06%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                                                                                             | County of Miami-Dade FL, Series 2023, RB                                                                                                               | CUSIP: 59333N3Q4<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1669513.12   | 0.06%             | 2029-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2017 B, Ref. RB                                                                           | CUSIP: 167593A85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1132576.88   | 0.04%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp. (Green Bonds)                                                                                               | New York City Housing Development Corp. (Green Bonds), Series 2021 F-2, RB                                                                             | CUSIP: 64972EYZ6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1774870.75   | 0.06%             | 2025-07-01      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Barton College)                                                                                      | Wisconsin (State of) Public Finance Authority (Barton College), Series 2018 A, RB                                                                      | CUSIP: 74443DCW9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    840000 | PA      | $834460.12    | 0.03%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corpus Christi Independent School District                                                                                                          | Corpus Christi Independent School District, Series 2015, GO Bonds                                                                                      | CUSIP: 2201472D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4014438.80   | 0.15%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                               | Houston (City of), TX, Series 2017 A, Ref. GO Bonds                                                                                                    | CUSIP: 442331U51<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6180303.60   | 0.22%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Public Finance Authority                                                                                                           | Texas (State of) Public Finance Authority, Series 2023, RB                                                                                             | CUSIP: 88277PAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527775.40    | 0.02%             | 2037-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                                                                                                  | City of Whiting IN, Series 2008, RB                                                                                                                    | CUSIP: 96634RAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12400000 | PA      | $12379228.76  | 0.45%             | 2035-06-21      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                                                                                        | District of Columbia Water & Sewer Authority, Series 2024 B, Ref. VRD RB                                                                               | CUSIP: 254845UF5<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |  10700000 | PA      | $10700000.00  | 0.39%             | 2054-10-01      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070637.50   | 0.04%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Northern California Tobacco Securitization Authority                                                                                                | Northern California Tobacco Securitization Authority, Series 2021 B-1, Ref. RB                                                                         | CUSIP: 888794BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $691707.92    | 0.03%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                                                                                     | Las Vegas Valley Water District, Series 2016 B, Ref. GO Bonds                                                                                          | CUSIP: 517845BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3792258.00   | 0.14%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Sanitary Authority                                                                                                        | Allegheny (County of), PA Sanitary Authority, Series 2018, RB                                                                                          | CUSIP: 017357E67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5049303.00   | 0.18%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $182154.61    | 0.01%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (American Heritage Education Foundation)                                                          | California (State of) Municipal Finance Authority (American Heritage Education Foundation), Series 2016 A, Ref. RB                                     | CUSIP: 13049AAE3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    315000 | PA      | $313458.48    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Anne Arundel (County of), MD                                                                                                                        | Anne Arundel (County of), MD, Series 2018, GO Bonds                                                                                                    | CUSIP: 03588HUP9<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   5125000 | PA      | $5273175.54   | 0.19%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group)                                                                 | Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group), Series 2016 A, Ref. RB                                            | CUSIP: 68450LEH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2563079.18   | 0.09%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Social Certificates)                                                                              | Washington (State of) Housing Finance Commission (Social Certificates), Series 2021-1A, Revenue Ctfs.                                                  | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2282313 | PA      | $2119118.71   | 0.08%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group)                                                           | Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group), Series 2016, Ref. RB                                        | CUSIP: 56682HBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2847122.28   | 0.10%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp. (Green Bonds)                                                                                               | New York City Housing Development Corp. (Green Bonds), Series 2022 B-2, RB                                                                             | CUSIP: 64972E3F4<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  18005000 | PA      | $18000441.13  | 0.65%             | 2026-12-22      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.)                                                  | Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.), Series 2016 A, Ref. RB                             | CUSIP: 54659LBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1760173.56   | 0.06%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hampton (City of), VA Roads Transportation Accountability Commission                                                                                | Hampton (City of), VA Roads Transportation Accountability Commission, Series 2021 A, RB                                                                | CUSIP: 40934TAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5109676.00   | 0.19%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC)                                                  | Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC), Series 2023 B, Ref. RB                             | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1572107.50   | 0.06%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| San Jose (City of), CA                                                                                                                              | San Jose (City of), CA, Series 2017 B, Ref. RB                                                                                                         | CUSIP: 798136WR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2004655.36   | 0.07%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Aberdeen Ridge)                                                                                    | Colorado (State of) Health Facilities Authority (Aberdeen Ridge), Series 2021 B, RB                                                                    | CUSIP: 19648FTM6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969749.70    | 0.04%             | 2028-05-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| North Kansas City School District No. 74 (Missouri Direct Deposit Program)                                                                          | North Kansas City School District No. 74 (Missouri Direct Deposit Program), Series 2022, GO Bonds                                                      | CUSIP: 660266LG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2677301.75   | 0.10%             | 2038-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority                                                                                                                             | Trinity River Authority, Series 2017, Ref. RB                                                                                                          | CUSIP: 89658HVJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1233618.84   | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Industrial Development Agency (Yankee Stadium)                                                                               | New York (City of), NY Industrial Development Agency (Yankee Stadium), Series 2006, RB                                                                 | CUSIP: 64971PFB6<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2709805.67   | 0.10%             | 2026-03-01      | Variable      | 3.27%                 | No            |                  2 | On Loan: No      |
| Virginia (Commonwealth of) Housing Development Authority                                                                                            | Virginia (Commonwealth of) Housing Development Authority, Subseries 2012 C-2, RB                                                                       | CUSIP: 92812UG44<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1792539.20   | 0.07%             | 2038-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Dallas College                                                                                                                                      | Dallas College, Series 2022, GO Bonds                                                                                                                  | CUSIP: 234685MM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001227.90   | 0.04%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)                                                                        | Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.), Series 2024, RB                                                          | CUSIP: 041807JR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $752926.87    | 0.03%             | 2034-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New Mexico (State of) Finance Authority                                                                                                             | New Mexico (State of) Finance Authority, Series 2023 A-2, RB                                                                                           | CUSIP: 64711PMX5<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1320609.71   | 0.05%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami (City of) & Dade (County of), FL School Board (The)                                                                                           | Miami (City of) & Dade (County of), FL School Board (The), Series 2016, GO Bonds                                                                       | CUSIP: 59333RGX6<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024709.00   | 0.07%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warren (County of), OH Port Authority (Corridor 75 Park)                                                                                            | Warren (County of), OH Port Authority (Corridor 75 Park), Series 2022 B, RB                                                                            | CUSIP: 935163BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $952577.29    | 0.03%             | 2034-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Washington & Multnomah Counties School District No. 48J Beaverton                                                                                   | Washington & Multnomah Counties School District No. 48J Beaverton, Series 2017 D, GO Bonds                                                             | CUSIP: 938429U88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2226950.57   | 0.08%             | 2035-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                          | Philadelphia (City of), PA, Series 2024 C, RB                                                                                                          | CUSIP: 7178933S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1313460.63   | 0.05%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Obligated Group)                                                                   | Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Obligated Group), Series 2024, RB                                                     | CUSIP: 419800PK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7240000 | PA      | $7673197.44   | 0.28%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Leman Academy of Excellence)                                                                   | Arizona (State of) Industrial Development Authority (Leman Academy of Excellence), Series 2022, Ref. RB                                                | CUSIP: 04052BRS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1369650.34   | 0.05%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                       | Denver (City & County of), CO, Series 2023 A, Ref. RB                                                                                                  | CUSIP: 249182UD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071948.60   | 0.04%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) Housing Finance Authority (Social Bonds)                                                                                     | Connecticut (State of) Housing Finance Authority (Social Bonds), Series 2022, RB                                                                       | CUSIP: 20775HXT5<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   5465000 | PA      | $5697173.97   | 0.21%             | 2052-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                           | Golden State Tobacco Securitization Corp., Series 2017 A-1, Ref. RB                                                                                    | CUSIP: 38122NYZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.36%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                                                                                         | Duval County Public Schools, Series 2025, COP                                                                                                          | CUSIP: 267169HQ6<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085728.80   | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                   | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2024 VIII, Ref. RB                                                                           | CUSIP: 967249RL9<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1929528.40   | 0.07%             | 2039-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wildwood (City of), FL Village Community Development Disctrict No. 15                                                                               | Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2023, RB                                                                 | CUSIP: 92708KAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $995036.85    | 0.04%             | 2033-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)                                                                     | Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2023 B-3, RB                                                   | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3176039.16   | 0.12%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Mexico (State of) Finance Authority                                                                                                             | New Mexico (State of) Finance Authority, Series 2023 A-2, RB                                                                                           | CUSIP: 64711PMZ0<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4300222.74   | 0.16%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pattonville R-3 School District                                                                                                                     | Pattonville R-3 School District, Series 2018 A, GO Bonds                                                                                               | CUSIP: 791400XS8<br>LEI: 54930016JA5VUOTAUJ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011821.40   | 0.04%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Humboldt (County of), NV                                                                                                                            | Humboldt (County of), NV, Series 2016, Ref. RB                                                                                                         | CUSIP: 445199AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2776046.36   | 0.10%             | 2029-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health & Educational Building Corp. (University of Rhode Island - Auxiliary Enterprise)                                                | Rhode Island Health & Educational Building Corp. (University of Rhode Island - Auxiliary Enterprise), Series 2009 B, RB                                | CUSIP: 762197DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1102215.62   | 0.04%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The) (No. 5)                                                                                                        | Black Belt Energy Gas District (The) (No. 5), Series 2020 A-1, RB                                                                                      | CUSIP: 09182RBE0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  12530000 | PA      | $12551161.92  | 0.46%             | 2026-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $321036.38    | 0.01%             | 2030-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Texas (State of) (Water Financial Assistance)                                                                                                       | Texas (State of) (Water Financial Assistance), Series 2022 B, Ref. GO Bonds                                                                            | CUSIP: 882724ZQ3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3101383.84   | 0.11%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System                                                                                                                            | JEA Water & Sewer System, Series 2008 A-2, VRD RB                                                                                                      | CUSIP: 46613PVV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10920000 | PA      | $10920000.00  | 0.40%             | 2025-06-06      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                                                                                | State of Connecticut, Series 2025, GO Bonds                                                                                                            | CUSIP: 20772KZV4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1613254.05   | 0.06%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Honolulu (City & County of), HI                                                                                                                     | Honolulu (City & County of), HI, Series 2017 A, GO Bonds                                                                                               | CUSIP: 438687AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1792199.87   | 0.07%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arizona Board of Regents                                                                                                              | University of Arizona Board of Regents, Series 2015 D, RB                                                                                              | CUSIP: 04048RNW2<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1815252.65   | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                          | Illinois (State of) Toll Highway Authority, Series 2017 A, RB                                                                                          | CUSIP: 452252MT3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   5825000 | PA      | $5856591.31   | 0.21%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority (Plato Academy Schools)                                                                                                     | Capital Trust Authority (Plato Academy Schools), Series 2024, RB                                                                                       | CUSIP: 14054UAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1081130.82   | 0.04%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Bay Transportation Authority                                                                                        | Massachusetts (Commonwealth of) Bay Transportation Authority, Series 2016 A, Ref. RB                                                                   | CUSIP: 575579ZR1<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $10302708.00  | 0.37%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $335572.43    | 0.01%             | 2031-01-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3631576 | PA      | $3806818.43   | 0.14%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur Healthcare)                                             | Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur Healthcare), Series 2017, RB                               | CUSIP: 821697S75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1522765.20   | 0.06%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bowling Green State University                                                                                                                      | Bowling Green State University, Series 2017 B, Ref. RB                                                                                                 | CUSIP: 102885JS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2224877.19   | 0.08%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris (County of), TX                                                                                                                              | Harris (County of), TX, Series 2015 A, Ref. GO Bonds                                                                                                   | CUSIP: 414005UA4<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4012641.20   | 0.15%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                                                                                      | Washington Metropolitan Area Transit Authority, Series 2018, RB                                                                                        | CUSIP: 938782GP8<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11025522.20  | 0.40%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                              | New York (City of), NY, Subseries 2018 F-1, GO Bonds                                                                                                   | CUSIP: 64966MZX0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2307783.24   | 0.08%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority (KU Health System)                                                                                          | University of Kansas Hospital Authority (KU Health System), Series 2015, Ref. RB                                                                       | CUSIP: 914367DJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10020000 | PA      | $9973618.42   | 0.36%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Municipal Water Finance Authority                                                                                            | New York (City of), NY Municipal Water Finance Authority, Series 2015 GG, Ref. RB                                                                      | CUSIP: 64972GHJ6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5003479.50   | 0.18%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami (City of) & Dade (County of), FL School Board (The)                                                                                           | Miami (City of) & Dade (County of), FL School Board (The), Series 2015 D, Ref. COP                                                                     | CUSIP: 59333MU60<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008021.20   | 0.04%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas (City of), TX (Dallas, Denton, Collin and Rockwall Counties)                                                                                 | Dallas (City of), TX (Dallas, Denton, Collin and Rockwall Counties), Series 2016 A, Ref. RB                                                            | CUSIP: 23542JBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012158.00   | 0.04%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Carnegie Mellon University)                                                          | Allegheny (County of), PA Higher Education Building Authority (Carnegie Mellon University), Series 2022, Ref. RB                                       | CUSIP: 01729EKZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995554.00    | 0.04%             | 2027-08-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| King County School District No. 407 Riverview                                                                                                       | King County School District No. 407 Riverview, Series 2014, Ref. GO Bonds                                                                              | CUSIP: 495152MZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1601257.44   | 0.06%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gregory-Portland Independent School District                                                                                                        | Gregory-Portland Independent School District, Series 2023, GO Bonds                                                                                    | CUSIP: 397586SX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8030000 | PA      | $8558947.34   | 0.31%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of), GA (Green Bonds)                                                                                                                 | Atlanta (City of), GA (Green Bonds), Series 2024, RB                                                                                                   | CUSIP: 047870TD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077266.30   | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                                                                                             | Dallas Fort Worth International Airport, Series 2022, RB                                                                                               | CUSIP: 23503CBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2051451.09   | 0.07%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority, A Cooperative District (No. 3)                                                                                          | Southeast Energy Authority, A Cooperative District (No. 3), Series 2022 A-1, RB                                                                        | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3165692.40   | 0.11%             | 2029-12-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills)                                                     | St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills), Series 2012, RB                                       | CUSIP: 791524BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $930138.29    | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sheridan (City of), CO                                                                                                                              | Sheridan (City of), CO, Series 2017, GO Bonds                                                                                                          | CUSIP: 823653CF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2381809.95   | 0.09%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp. (Green Bonds) (4 World Trade Center)                                                                             | New York Liberty Development Corp. (Green Bonds) (4 World Trade Center), Series 2021 A, Ref. RB                                                        | CUSIP: 649519DJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2755951.20   | 0.10%             | 2027-11-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.)                                                                      | Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.), Series 2014 A, RB                                                      | CUSIP: 677525WG8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4195126.35   | 0.15%             | 2029-10-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health & Educational Building Corp. (Brown University)                                                                                 | Rhode Island Health & Educational Building Corp. (Brown University), Series 2023, Ref. RB                                                              | CUSIP: 762197R94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4155000 | PA      | $4363583.91   | 0.16%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUW6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    380000 | PA      | $388781.50    | 0.01%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV Department of Aviation                                                                                                        | Clark (County of), NV Department of Aviation, Series 2015 A, Ref. RB                                                                                   | CUSIP: 18085PQR8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   7150000 | PA      | $7149830.55   | 0.26%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Housing & Mortgage Finance Agency (Social Bonds)                                                                              | New Jersey (State of) Housing & Mortgage Finance Agency (Social Bonds), Series 2024 K, RB                                                              | CUSIP: 64613AJP8<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3444653.55   | 0.13%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency                                                                                          | Massachusetts (Commonwealth of) Development Finance Agency, Series 2016 I, Ref. RB                                                                     | CUSIP: 57584XJZ5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1183870.78   | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Public Service Authority (Santee Cooper)                                                                                  | South Carolina (State of) Public Service Authority (Santee Cooper), Series 2024 B, Ref. RB                                                             | CUSIP: 8371514S5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   7730000 | PA      | $7964241.42   | 0.29%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of), GA (Green Bonds)                                                                                                                 | Atlanta (City of), GA (Green Bonds), Series 2024, RB                                                                                                   | CUSIP: 047870TE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1335918.13   | 0.05%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The)                                                                                                                | Black Belt Energy Gas District (The), Series 2024 A, RB                                                                                                | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2968446.49   | 0.11%             | 2032-09-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                               | Washington (State of), Series 2017 A, GO Bonds                                                                                                         | CUSIP: 93974DYM4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1247884.32   | 0.05%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                                                | New Hope Cultural Education Facilities Finance Corp., Series 2025, RB                                                                                  | CUSIP: 64542UHK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6972570.50   | 0.25%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corp.                                                                                                          | Suffolk Tobacco Asset Securitization Corp., Series 2021, Ref. RB                                                                                       | CUSIP: 864809CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12515000 | PA      | $11301140.11  | 0.41%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency (Social Certificates)                                                                                  | California (State of) Housing Finance Agency (Social Certificates), Series 2021 A, RB                                                                  | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |      4723 | PA      | $4344.89      | 0.00%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                             | New York (State of) Dormitory Authority, Series 2015 B-B, RB                                                                                           | CUSIP: 64990AED3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6965000 | PA      | $6986107.43   | 0.25%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Temple University-of The Commonwealth System of Higher Education                                                                                    | Temple University-of The Commonwealth System of Higher Education, Series 2025, Ref. RB                                                                 | CUSIP: 880178DA3<br>LEI: 549300SCHVPNNFRR3L71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048830.80   | 0.04%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota (State of) Municipal Power Agency                                                                                                         | Minnesota (State of) Municipal Power Agency, Series 2016, RB                                                                                           | CUSIP: 60412PFR6<br>LEI: 5493007DGBKI6ICBXO38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538628.00   | 0.06%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                         | Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB                                                                    | CUSIP: 594615BX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3758434.88   | 0.14%             | 2038-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                                                                                            | San Antonio Water System, Series 2016, RB                                                                                                              | CUSIP: 79642B4B6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5779697.60   | 0.21%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics, Inc.)                                                      | Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics, Inc.), Series 2014 B, RB                                      | CUSIP: 010685KG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3815000 | PA      | $3815132.00   | 0.14%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                                                                                     | Las Vegas Valley Water District, Series 2016 A, Ref. GO Bonds                                                                                          | CUSIP: 517845AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1351178.95   | 0.05%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Side Union High School District                                                                                                                | East Side Union High School District, Series 2025, GO Bonds                                                                                            | CUSIP: 275282TD3<br>LEI: 549300FHNKBG2V8ZLG85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1087787.10   | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Health and Education Facilities Authority                                                                                  | New Hampshire (State of) Health and Education Facilities Authority, Series 2016, Ref. RB                                                               | CUSIP: 64461XAF2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3277729.00   | 0.12%             | 2036-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                           | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647719NQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350534.56    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems)                                                                      | Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems), Series 2013 A, Ref. RB                                                 | CUSIP: 160853RT6<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   9540000 | PA      | $9553825.37   | 0.35%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Thurston Public Schools                                                                                                                       | North Thurston Public Schools, Series 2024, GO Bonds                                                                                                   | CUSIP: 66285THW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1258748.02   | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                       | Denver (City & County of), CO, Series 2023 A, Ref. RB                                                                                                  | CUSIP: 249182UF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2518300.38   | 0.09%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2017 D, RB                                                                                | CUSIP: 167593WF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1719582.36   | 0.06%             | 2029-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                 | Metropolitan Transportation Authority (Green Bonds), Series 2020 E, Ref. RB                                                                            | CUSIP: 59261AJ32<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3911662.88   | 0.14%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota (State of) Higher Education Facilities Authority (Concordia University, St. Paul)                                                         | Minnesota (State of) Higher Education Facilities Authority (Concordia University, St. Paul), Series 2007 Six-Q, VRD RB                                 | CUSIP: 60416HKM5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1555000.00   | 0.06%             | 2037-04-01      | Variable      | 3.01%                 | No            |                  2 | On Loan: No      |
| Dallas College                                                                                                                                      | Dallas College, Series 2022, GO Bonds                                                                                                                  | CUSIP: 234685MR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2662003.25   | 0.10%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                                                                                | State of Connecticut, Series 2025, GO Bonds                                                                                                            | CUSIP: 20772KZW2<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    750000 | PA      | $818041.43    | 0.03%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (City of Boynton Beach, Florida Municipal Improvements)                                               | Wisconsin (State of) Public Finance Authority (City of Boynton Beach, Florida Municipal Improvements), Series 2018, RB                                 | CUSIP: 74446ABA1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022542.80   | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb (County of), GA Kennestone Hospital Authority (Wellstar Health System, Inc.)                                                                   | Cobb (County of), GA Kennestone Hospital Authority (Wellstar Health System, Inc.), Series 2017 A, Ref. RAC                                             | CUSIP: 190813RE7<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |   5560000 | PA      | $5571072.74   | 0.20%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando (City of), FL Utilities Commission                                                                                                          | Orlando (City of), FL Utilities Commission, Series 2025 A, RB                                                                                          | CUSIP: 686507MY7<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1811890.60   | 0.07%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hennepin (County of), MN                                                                                                                            | Hennepin (County of), MN, Series 2017 C, GO Bonds                                                                                                      | CUSIP: 425507GB0<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2803288.40   | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wildwood (City of), FL Village Community Development Disctrict No. 15                                                                               | Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2024, RB                                                                 | CUSIP: 92708KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1217763.88   | 0.04%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) Housing Finance Authority                                                                                                    | Connecticut (State of) Housing Finance Authority, Series 2020 C-3, VRD RB                                                                              | CUSIP: 20775HAA1<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12000000.00  | 0.44%             | 2025-06-06      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                               | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4290997.63   | 0.16%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Magnolia Independent School District                                                                                                                | Magnolia Independent School District, Series 2023, GO Bonds                                                                                            | CUSIP: 559686YG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2386688.27   | 0.09%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                       | Main Street Natural Gas, Inc., Series 2024 B, RB                                                                                                       | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10535962.00  | 0.38%             | 2032-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2004 PP, Ref. RB                                                                        | CUSIP: 74526QCN0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300001.44    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport)                                                                 | Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2021 A, RB                                                 | CUSIP: 944514B64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1790453.61   | 0.07%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 115)                                                                                 | Kentucky (Commonwealth of) Property & Building Commission (No. 115), Series 2017, RB                                                                   | CUSIP: 49151FTC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037405.90   | 0.04%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County Consolidated School District No. 4                                                                                                   | Jackson County Consolidated School District No. 4, Series 2022, GO Bonds                                                                               | CUSIP: 467484RY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3617735.07   | 0.13%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pattonville R-3 School District                                                                                                                     | Pattonville R-3 School District, Series 2018 A, GO Bonds                                                                                               | CUSIP: 791400XR0<br>LEI: 54930016JA5VUOTAUJ59 | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2121473.68   | 0.08%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Livonia Public Schools                                                                                                                              | Livonia Public Schools, Series 2016, GO Bonds                                                                                                          | CUSIP: 539243UC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4365000 | PA      | $4415884.11   | 0.16%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (CommonSpirit Health)                                                                               | Colorado (State of) Health Facilities Authority (CommonSpirit Health), Series 2019 B-2, RB                                                             | CUSIP: 19648FJJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016154.80   | 0.07%             | 2026-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care)                                                     | Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care), Series 2016, RB                                       | CUSIP: 605360SB3<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7031924.90   | 0.26%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center)                                                                      | New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center), Series 2021, Ref. RB                                                   | CUSIP: 64542QCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1829805.00   | 0.07%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                               | New York (City of), NY Transitional Finance Authority, Series 2015 S-1, RB                                                                             | CUSIP: 64972HVR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1055391.72   | 0.04%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                          | Philadelphia (City of), PA, Series 2017 A, Ref. RB                                                                                                     | CUSIP: 717817TN0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1748024.71   | 0.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                                    | Commonwealth Financing Authority                                                                                                                       | CUSIP: 20282EAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1980000.00   | 0.07%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Public Finance Authority                                                                                                           | Texas (State of) Public Finance Authority, Series 2023, RB                                                                                             | CUSIP: 88277PBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $587430.95    | 0.02%             | 2039-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas (State of)                                                                                                                                    | Texas (State of), Series 2015 B, Ref. GO Bonds                                                                                                         | CUSIP: 882723ZV4<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |  23700000 | PA      | $23738192.55  | 0.86%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $300195.21    | 0.01%             | 2028-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) (Transportation Infrastructure)                                                                                              | Connecticut (State of) (Transportation Infrastructure), Series 2016 A, RB                                                                              | CUSIP: 207758VY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4048139.20   | 0.15%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)                                                                                | Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds), Series 2024-145A, RB                                                             | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2675718.78   | 0.10%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $190815.70    | 0.01%             | 2030-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carrollton (City of), TX                                                                                                                            | Carrollton (City of), TX, Series 2023, Ref. GO Bonds                                                                                                   | CUSIP: 145610TD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $2083657.39   | 0.08%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                 | Metropolitan Transportation Authority (Green Bonds), Series 2020 E, Ref. RB                                                                            | CUSIP: 59261AJ40<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4232326.80   | 0.15%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Temple TX                                                                                                                                   | City of Temple TX, Series 2025, GO Bonds                                                                                                               | CUSIP: 880065FV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2271116.35   | 0.08%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Travis Independent School District                                                                                                             | Lake Travis Independent School District, Series 2023, GO Bonds                                                                                         | CUSIP: 511074WV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3528349.88   | 0.13%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $211610.96    | 0.01%             | 2029-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroeville Finance Authority                                                                                                                       | Monroeville Finance Authority, Series 2023 C, Ref. RB                                                                                                  | CUSIP: 611530EG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046147.50   | 0.04%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), AL                                                                                                                           | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.                                                                                              | CUSIP: 472682ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3605419.65   | 0.13%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Horace (City of), ND                                                                                                                                | Horace (City of), ND, Series 2024 C, Ref. GO Bonds                                                                                                     | CUSIP: 440365JM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2155565.25   | 0.08%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                                                                                      | Washington Metropolitan Area Transit Authority, Series 2017 B, RB                                                                                      | CUSIP: 938782FT1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1254366.13   | 0.05%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                                                                                                  | Forney Independent School District, Series 2023, GO Bonds                                                                                              | CUSIP: 346425JU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3983954.20   | 0.14%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Power Authority (Green Bonds)                                                                                                   | New York (State of) Power Authority (Green Bonds), Series 2024 A, RB                                                                                   | CUSIP: 64989KMD5<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064072.30   | 0.04%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health)                                                               | Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health), Series 2013 A, RB                                               | CUSIP: 574218NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001034.60   | 0.07%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Tobacco Settlement Authority                                                                                                        | Iowa (State of) Tobacco Settlement Authority, Series 2021 B-1, Ref. RB                                                                                 | CUSIP: 888805CH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1915000.00   | 0.07%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                                                                                                | School District of Broward County/FL, Series 2025, GO Bonds                                                                                            | CUSIP: 115067MK3<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091787.40   | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                               | New York (City of), NY Transitional Finance Authority, Series 2024, RB                                                                                 | CUSIP: 64972JHT8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050463.90   | 0.04%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota (State of) Housing Finance Agency                                                                                                      | North Dakota (State of) Housing Finance Agency, Series 2016, Ref. RB                                                                                   | CUSIP: 658877FQ3<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   6150000 | PA      | $6131896.86   | 0.22%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| King County School District No. 401 Highline                                                                                                        | King County School District No. 401 Highline, Series 2025, GO Bonds                                                                                    | CUSIP: 495033HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590539.55   | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Citizens Energy Group)                                                                                        | Indiana (State of) Finance Authority (Citizens Energy Group), Series 2016, RB                                                                          | CUSIP: 45505KBR0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    750000 | PA      | $759507.15    | 0.03%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Public Finance Authority                                                                                                           | Texas (State of) Public Finance Authority, Series 2023, RB                                                                                             | CUSIP: 88277PAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $745410.68    | 0.03%             | 2036-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Socorro Independent School District                                                                                                                 | Socorro Independent School District, Series 2018, GO Bonds                                                                                             | CUSIP: 833715FA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2580857.11   | 0.09%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 131)                                                                                 | Kentucky (Commonwealth of) Property & Building Commission (No. 131), Series 2024 A, RB                                                                 | CUSIP: 49151F4G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3017277.50   | 0.11%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of)                                                                                                                                 | Colorado (State of), Series 2017 J, COP                                                                                                                | CUSIP: 19668QHQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1270958.00   | 0.05%             | 2042-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                          | Miami-Dade (County of), FL, Series 2024 B, RB                                                                                                          | CUSIP: 59334DPL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $419441.18    | 0.02%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                                                                                                 | County of Nassau NY, Series 2016, GO Bonds                                                                                                             | CUSIP: 63165TWQ4<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   5335000 | PA      | $5373626.47   | 0.20%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                                                                                           | Spring Branch Independent School District, Series 2022, GO Bonds                                                                                       | CUSIP: 849476VK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081508.20   | 0.04%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (International Leadership of Texas)                                                                          | Clifton Higher Education Finance Corp. (International Leadership of Texas), Series 2018 D, RB                                                          | CUSIP: 187145JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6506960.20   | 0.24%             | 2048-08-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB                                                                             | CUSIP: 74526QDF6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000163.20   | 0.15%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Paz (County of), AZ Industrial Development Authority (Charter School Solutions- Harmony Public Schools)                                          | La Paz (County of), AZ Industrial Development Authority (Charter School Solutions- Harmony Public Schools), Series 2016 A, RB                          | CUSIP: 50376FAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175914.74    | 0.01%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Honolulu (City & County of), HI                                                                                                                     | Honolulu (City & County of), HI, Series 2023, RB                                                                                                       | CUSIP: 438697BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3685063.35   | 0.13%             | 2026-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                       | North Texas Tollway Authority, Series 2017 A, Ref. RB                                                                                                  | CUSIP: 66285WWB8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   8090000 | PA      | $8228895.59   | 0.30%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                               | Chicago (City of), IL, Series 2023 B, Ref. RB                                                                                                          | CUSIP: 167736W94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1308318.00   | 0.05%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Sanitary Authority                                                                                                        | Allegheny (County of), PA Sanitary Authority, Series 2015, Ref. RB                                                                                     | CUSIP: 017357A79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1408831.20   | 0.05%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                                                                                                              | Wayne State University, Series 2018 A, RB                                                                                                              | CUSIP: 946303ZQ0<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1126905.81   | 0.04%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Oceanside Collegiate Academy)                                                        | South Carolina (State of) Jobs-Economic Development Authority (Oceanside Collegiate Academy), Series 2024, Ref. RB                                     | CUSIP: 83704MEJ1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1411473.96   | 0.05%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton (City of), TX                                                                                                                                | Denton (City of), TX, Series 2017, RB                                                                                                                  | CUSIP: 249015C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3056301.30   | 0.11%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati (Port of), OH Development Authority (IPS Cincinnati LLC)                                                                         | Greater Cincinnati (Port of), OH Development Authority (IPS Cincinnati LLC), Series 2021, RB                                                           | CUSIP: 73421LAA9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   4380000 | PA      | $4315285.94   | 0.16%             | 2026-06-15      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health)                                                              | Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health), Series 2017 A, Ref. RB                                         | CUSIP: 139404GT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3558938.00   | 0.13%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University Board of Trustees                                                                                                         | Michigan State University Board of Trustees, Series 2015 A, RB                                                                                         | CUSIP: 594712TS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2080168.00   | 0.08%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Housing Development Authority (Social Bonds)                                                                                    | Michigan (State of) Housing Development Authority (Social Bonds), Series 2024 A, RB                                                                    | CUSIP: 594654WT8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   6655000 | PA      | $7148848.92   | 0.26%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                                                                                        | New York City Transitional Finance Authority, Series 2024, RB                                                                                          | CUSIP: 64972JLY2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10733771.00  | 0.39%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin (City of), TX                                                                                                                                | Austin (City of), TX, Series 2015 A, Ref. RB                                                                                                           | CUSIP: 052414PU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4958419.50   | 0.18%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                                                                                      | Sales Tax Securitization Corp., Series 2017 A, Ref. RB                                                                                                 | CUSIP: 79467BAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6525000 | PA      | $6589339.11   | 0.24%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Turnpike Authority                                                                                                              | Oklahoma (State of) Turnpike Authority, Series 2017 A, RB                                                                                              | CUSIP: 679111WS9<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   5990000 | PA      | $6025827.39   | 0.22%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waterloo (City of), IA                                                                                                                              | Waterloo (City of), IA, Series 2024 D, GO Bonds                                                                                                        | CUSIP: 941647V97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1722369.96   | 0.06%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PEFA, Inc.                                                                                                                                          | PEFA, Inc., Series 2019, RB                                                                                                                            | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |  25105000 | PA      | $25382977.62  | 0.92%             | 2026-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Florida Water Management District                                                                                                             | South Florida Water Management District, Series 2016, Ref. COP                                                                                         | CUSIP: 83786PCT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5042724.00   | 0.18%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp.                                                                                                              | New York State Urban Development Corp., Series 2017 A, Ref. RB                                                                                         | CUSIP: 6500353T3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1492290.27   | 0.05%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority (Clean Energy) (Green Bonds)                                                                        | California Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024 E, RB                                                        | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3939506.25   | 0.14%             | 2032-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                               | Houston (City of), TX, Series 2015 A, Ref. RB                                                                                                          | CUSIP: 44244CCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19740000 | PA      | $19742737.94  | 0.72%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2020, GO Bonds                                                                                                             | CUSIP: 4521526J5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6886940.63   | 0.25%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2016, GO Bonds                                                                                                             | CUSIP: 452152D40<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1025610.86   | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Turnpike Authority (Senior Bonds)                                                                                               | Oklahoma (State of) Turnpike Authority (Senior Bonds), Series 2025 B, Ref. RB                                                                          | CUSIP: 679111F82<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048809.20   | 0.04%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Social Bonds)                                                                                  | New Hampshire (State of) Business Finance Authority (Social Bonds), Series 2022-1A, RB                                                                 | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8174983 | PA      | $7931486.83   | 0.29%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                      | Lower Colorado River Authority, Series 2023, RB                                                                                                        | CUSIP: 54811BH20<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1290312.25   | 0.05%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mesa (City of), AZ                                                                                                                                  | Mesa (City of), AZ, Series 2014, RB                                                                                                                    | CUSIP: 590545UA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13350000 | PA      | $12951454.44  | 0.47%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grossmont-Cuyamaca Community College District (Election of 2002)                                                                                    | Grossmont-Cuyamaca Community College District (Election of 2002), Series 2008 C, GO Bonds                                                              | CUSIP: 399267DA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2984630.10   | 0.11%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dorchester (County of), SC                                                                                                                          | Dorchester (County of), SC, Series 2023, RB                                                                                                            | CUSIP: 258149AE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1492647.00   | 0.05%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Delaware County Community College)                                                 | Pennsylvania (Commonwealth of) Public School Building Authority (Delaware County Community College), Series 2023, RB                                   | CUSIP: 85732NBK0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   5005000 | PA      | $4375702.83   | 0.16%             | 2048-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                               | Washington (State of), Series 2016 C, GO Bonds                                                                                                         | CUSIP: 93974DVH8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1437177.91   | 0.05%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texarkana Independent School District                                                                                                               | Texarkana Independent School District, Series 2023, GO Bonds                                                                                           | CUSIP: 881847VF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1495412.38   | 0.05%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Independent School District                                                                                                                | Pasadena Independent School District, Series 2018, GO Bonds                                                                                            | CUSIP: 702334HZ9<br>LEI: 549300QY114RR4MXVU24 | Long             | DBT              | MUN               | US        |    590000 | PA      | $624275.11    | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coastal Carolina University                                                                                                                         | Coastal Carolina University, Series 2014, RB                                                                                                           | CUSIP: 19043CCU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1356326.68   | 0.05%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                | District of Columbia, Series 2023 A, RB                                                                                                                | CUSIP: 25477GVW2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4259393.60   | 0.15%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.)                                                                      | Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.), Series 2019 A, Ref. PCR                                                | CUSIP: 677525WB9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7288117.50   | 0.26%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Social Bonds)                                                                                  | Arizona (State of) Industrial Development Authority (Social Bonds), Series 2023, RB                                                                    | CUSIP: 04052FDU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2084822.20   | 0.08%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewis & Thurston (Counties of), WA Centralia School District No. 401                                                                                | Lewis & Thurston (Counties of), WA Centralia School District No. 401, Series 2017, GO Bonds                                                            | CUSIP: 527665BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3842010.56   | 0.14%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                     | Massachusetts (Commonwealth of), Series 2017 A, GO Bonds                                                                                               | CUSIP: 57582RMS2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7172062.80   | 0.26%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.)                                                  | Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.), Series 2019, Ref. RB                               | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $784959.29    | 0.03%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Water Development Board                                                                                                            | Texas (State of) Water Development Board, Series 2015 A, RB                                                                                            | CUSIP: 882854WX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6195000 | PA      | $6206561.11   | 0.23%             | 2040-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                              | New York (City of), NY, Series 2018 E-1, GO Bonds                                                                                                      | CUSIP: 64966MXH7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3694788.50   | 0.13%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Turnpike Authority                                                                                                            | New Jersey (State of) Turnpike Authority, Series 2017 A, RB                                                                                            | CUSIP: 6461396T7<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5995000 | PA      | $6119742.76   | 0.22%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Ascension Health)                                                                                            | Illinois (State of) Finance Authority (Ascension Health), Series 2016 C, Ref. RB                                                                       | CUSIP: 45204EFB9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2540203.00   | 0.09%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Power Generation Agency (Whelan Energy Center Unit 2)                                                                                        | Public Power Generation Agency (Whelan Energy Center Unit 2), Series 2016, Ref. RB                                                                     | CUSIP: 744434ED9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5180000 | PA      | $5271439.95   | 0.19%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUX4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    375000 | PA      | $383009.96    | 0.01%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Hospital Finance Authority (West Virginia University Health System Obligated Group)                                        | West Virginia (State of) Hospital Finance Authority (West Virginia University Health System Obligated Group), Series 2023, RB                          | CUSIP: 956622V43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1160455.75   | 0.04%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Social Certificates)                                                                           | New Hampshire (State of) Business Finance Authority (Social Certificates), Series 2024-3, Revenue Ctfs.                                                | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9949826 | PA      | $8776556.14   | 0.32%             | 2041-10-20      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                                                                                          | Denver City & County School District No. 1, Series 2025 A, GO Bonds                                                                                    | CUSIP: 249174ZB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1852289.06   | 0.07%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington (State of) (Bid Group 2)                                                                                                                 | Washington (State of) (Bid Group 2), Series 2022 A-2, GO Bonds                                                                                         | CUSIP: 93974EXQ4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10610780.00  | 0.39%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                                                                       | Florida Housing Finance Corp., Series 2024 3, RB                                                                                                       | CUSIP: 34074M4Y4<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2995000 | PA      | $3250787.38   | 0.12%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency                                                                                          | Massachusetts (Commonwealth of) Development Finance Agency, Series 2015 F, Ref. RB                                                                     | CUSIP: 57584XFT3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750914.55   | 0.06%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 1998 B-1, GO Bonds                                                                                    | CUSIP: 167501UL7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    735000 | PA      | $720655.08    | 0.03%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                                                                                                 | Leander Independent School District, Series 2015 A, Ref. GO Bonds                                                                                      | CUSIP: 521841GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3010829.10   | 0.11%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee (County of), FL Industrial Development Authority (Shell Point Obligated Group)                                                                  | Lee (County of), FL Industrial Development Authority (Shell Point Obligated Group), Series 2024 B-3, RB                                                | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2146311.24   | 0.08%             | 2029-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                                                                                         | Ohio Higher Educational Facility Commission, Series 2025, RB                                                                                           | CUSIP: 67756DY26<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3959122.00   | 0.14%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Temple (City of), TX                                                                                                                                | Temple (City of), TX, Series 2018 A, RB                                                                                                                | CUSIP: 880157BF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3935000 | PA      | $3946454.79   | 0.14%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                                                                                            | Western Minnesota Municipal Power Agency, Series 2015 A, Ref. RB                                                                                       | CUSIP: 958697JZ8<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1840250.05   | 0.07%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee (State of)                                                                                                                                | Tennessee (State of), Series 2023 A, GO Bonds                                                                                                          | CUSIP: 880541J57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11410000 | PA      | $12350765.91  | 0.45%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phoenix Civic Improvement Corp.                                                                                                                     | Phoenix Civic Improvement Corp., Series 2017, Ref. RB                                                                                                  | CUSIP: 71883RPP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7125000 | PA      | $7199200.46   | 0.26%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Conservancy District                                                                                                                   | South Dakota Conservancy District, Series 2014 B, RB                                                                                                   | CUSIP: 837545KT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $3024832.30   | 0.11%             | 2025-07-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System)                                                          | Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Series 2024, Ref. RB                                       | CUSIP: 414009SM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1322767.50   | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morton Grove-Niles Water Commission                                                                                                                 | Morton Grove-Niles Water Commission, Series 2018 A, GO Bonds                                                                                           | CUSIP: 619305AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3635000 | PA      | $3679837.73   | 0.13%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                         | Michigan (State of) Building Authority (Facilities Program), Series 2020, Ref. VRD RB                                                                  | CUSIP: 594615HB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.07%             | 2025-06-06      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                                                                                         | Omaha Public Power District, Series 2016 A, Ref. RB                                                                                                    | CUSIP: 682004FG6<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1821674.14   | 0.07%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Turnpike Authority                                                                                                              | Oklahoma (State of) Turnpike Authority, Series 2017 A, RB                                                                                              | CUSIP: 679111WY6<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1755437.19   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                                                                                   | Palm Beach County School District, Series 2023 A, COP                                                                                                  | CUSIP: 696550L34<br>LEI: 549300J36FX8PM8L7086 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623663.15   | 0.06%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                                                                                              | City of Mesa AZ Utility System Revenue, Series 2023, RB                                                                                                | CUSIP: 5905452H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2534028.57   | 0.09%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Turnpike Authority                                                                                                              | Oklahoma (State of) Turnpike Authority, Series 2017 A, RB                                                                                              | CUSIP: 679111XB5<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2253397.89   | 0.08%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare)                              | South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare), Series 2024, RB                | CUSIP: 83704HAG2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    400000 | PA      | $411665.96    | 0.01%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Convention Center Development Corp. (Hotel Unit Fee Secured)                                                                               | New York Convention Center Development Corp. (Hotel Unit Fee Secured), Series 2015, Ref. RB                                                            | CUSIP: 649451DM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3466591.13   | 0.13%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boerne Independent School District                                                                                                                  | Boerne Independent School District, Series 2022, GO Bonds                                                                                              | CUSIP: 097067NM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4355406.20   | 0.16%             | 2027-12-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Texas (State of) (Water Financial Assistance)                                                                                                       | Texas (State of) (Water Financial Assistance), Series 2022 B, Ref. GO Bonds                                                                            | CUSIP: 882724ZT7<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000247.50   | 0.18%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Agricultural & Economic Development Board                                                                                                 | Minnesota Agricultural & Economic Development Board, Series 2024, RB                                                                                   | CUSIP: 6049202V9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051112.10   | 0.04%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport)                                                                 | Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2021 A, RB                                                 | CUSIP: 944514B80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1808207.20   | 0.07%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                                                                                         | Duval County Public Schools, Series 2025, COP                                                                                                          | CUSIP: 267169HP8<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1501861.48   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                                                                                              | Lewisville Independent School District, Series 2025, GO Bonds                                                                                          | CUSIP: 52882PHF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1919421.35   | 0.07%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.)                                                                                 | Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.), Series 2010 A, RB                                                                 | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4193754.53   | 0.15%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                                                                                         | Connecticut State Health & Educational Facilities Authority, Series 2025, RB                                                                           | CUSIP: 20775DZS4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5431090.00   | 0.20%             | 2030-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                                                                                | State of Connecticut, Series 2025, GO Bonds                                                                                                            | CUSIP: 20772KZU6<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116180.20   | 0.08%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of)                                                                                                                              | Mississippi (State of), Series 2015 E, RB                                                                                                              | CUSIP: 605638AV7<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |   5430000 | PA      | $5443348.57   | 0.20%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                      | Pennsylvania (Commonwealth of), Series 2018 A, Ref. COP                                                                                                | CUSIP: 709144NW5<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1641375.04   | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (White Plains Hospital Obligated Group)                                                                     | New York (State of) Dormitory Authority (White Plains Hospital Obligated Group), Series 2024, RB                                                       | CUSIP: 65000B7K8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1531939.44   | 0.06%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority (The) (Westside Gulch Area)                                                                                           | Atlanta Development Authority (The) (Westside Gulch Area), Series 2024 A, RB                                                                           | CUSIP: 04780NMW4<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1493133.45   | 0.05%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                            | Public Finance Authority, Series 2025, RB                                                                                                              | CUSIP: 74439YGE5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1150450.76   | 0.04%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport)                                                                 | Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2018, RB                                                   | CUSIP: 944514ZF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273374.88   | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                                                                                         | Ohio Housing Finance Agency, Series 2021, RB                                                                                                           | CUSIP: 67756QL96<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1307074.39   | 0.05%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency                                                                                          | Massachusetts (Commonwealth of) Development Finance Agency, Series 2019 A, Ref. RB                                                                     | CUSIP: 57584YPT0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    845000 | PA      | $845746.05    | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hialeah (City of), FL                                                                                                                               | Hialeah (City of), FL, Series 2022, Ref. RB                                                                                                            | CUSIP: 428415AU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2836098.02   | 0.10%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District (Election of 2005)                                                                                        | West Contra Costa Unified School District (Election of 2005), Series 2008 B, GO Bonds                                                                  | CUSIP: 952347UB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065328.30   | 0.04%             | 2027-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Orlando (City of), FL Utilities Commission                                                                                                          | Orlando (City of), FL Utilities Commission, Series 2025 A, RB                                                                                          | CUSIP: 686507MZ4<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057018.70   | 0.04%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Municipal Electric Agency                                                                                                       | Illinois (State of) Municipal Electric Agency, Series 2015 A, Ref. RB                                                                                  | CUSIP: 452024JD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7430000 | PA      | $7324070.49   | 0.27%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                                                                                      | Washington Metropolitan Area Transit Authority, Series 2018, RB                                                                                        | CUSIP: 938782GM5<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012260.20   | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Utility Debt Securitization Authority                                                                                           | New York (State of) Utility Debt Securitization Authority, Series 2015, Ref. RB                                                                        | CUSIP: 91802RBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2795033.13   | 0.10%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (Texas Health Resources System)                                                          | Tarrant County Cultural Education Facilities Finance Corp. (Texas Health Resources System), Series 2016 A, Ref. RB                                     | CUSIP: 87638TFK4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |  19835000 | PA      | $19901090.22  | 0.72%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority                                                                                                       | Wisconsin (State of) Public Finance Authority, Series 2023, RB                                                                                         | CUSIP: 74442ELE8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    650000 | PA      | $659883.51    | 0.02%             | 2043-07-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)                                                                        | Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.), Series 2024, RB                                                          | CUSIP: 041807JS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1002833.53   | 0.04%             | 2039-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                                                                                            | Arizona Board of Regents, Series 2025, RB                                                                                                              | CUSIP: 040484G27<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1416259.39   | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority                                                                                                                         | Great Lakes Water Authority, Series 2016 C, Ref. RB                                                                                                    | CUSIP: 39081HAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1676349.84   | 0.06%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3F2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  16595983 | PA      | $16607779.42  | 0.60%             | 2025-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (High Point Academy Project)                                                          | South Carolina (State of) Jobs-Economic Development Authority (High Point Academy Project), Series 2018 A, RB                                          | CUSIP: 83704MAL0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    870000 | PA      | $793489.68    | 0.03%             | 2039-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Charleston County Airport District                                                                                                                  | Charleston County Airport District, Series 2019, RB                                                                                                    | CUSIP: 160070EC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3080843.74   | 0.11%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morrow (Port of), OR (Bonneville Cooperation Project No. 4)                                                                                         | Morrow (Port of), OR (Bonneville Cooperation Project No. 4), Series 2024 A, GO Bonds                                                                   | CUSIP: 73473RFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3004476.00   | 0.11%             | 2026-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                                                                                  | Greater Orlando Aviation Authority, Series 2016 B, RB                                                                                                  | CUSIP: 392275DL4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3648652.39   | 0.13%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Duke Energy Corp.)                                                                               | Ohio (State of) Air Quality Development Authority (Duke Energy Corp.), Series 2022 B, Ref. RB                                                          | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10076572.00  | 0.37%             | 2027-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Department of Transportation                                                                                                    | Colorado (State of) Department of Transportation, Series 2017, COP                                                                                     | CUSIP: 19645TBR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3730000 | PA      | $3757064.51   | 0.14%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                               | New York (City of), NY Transitional Finance Authority, Subseries 2015 B-1, RB                                                                          | CUSIP: 64971WXP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2832626.94   | 0.10%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trenton Public Schools School District                                                                                                              | Trenton Public Schools School District, Series 2018, GO Bonds                                                                                          | CUSIP: 895028JF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5062903.50   | 0.18%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook (County of), IL                                                                                                                                | Cook (County of), IL, Series 2017, Ref. RB                                                                                                             | CUSIP: 213248BH9<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1939038.16   | 0.07%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mulberry Metropolitan District No. 2                                                                                                                | Mulberry Metropolitan District No. 2, Series 2022, RB                                                                                                  | CUSIP: 62517PAA8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1525564.95   | 0.06%             | 2034-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority                                                                                              | Washington (State of) Health Care Facilities Authority, Series 2015 A, RB                                                                              | CUSIP: 93978HNE1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2165021.15   | 0.08%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                                                                                    | North Carolina Capital Facilities Finance Agency, Series 2016, RB                                                                                      | CUSIP: 65819GLA4<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4930502.99   | 0.18%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University (The)                                                                                                                 | Pennsylvania State University (The), Series 2015 B, Ref. RB                                                                                            | CUSIP: 709235WG6<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003723.90   | 0.04%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp.                                                                                                               | Northern Tobacco Securitization Corp., Series 2021 A-1, Ref. RB                                                                                        | CUSIP: 66585VBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1967340.40   | 0.07%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                  | Kentucky (Commonwealth of) Public Energy Authority, Series 2023 A-1, Ref. RB                                                                           | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15878278.50  | 0.58%             | 2032-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (White Plains Hospital Obligated Group)                                                                     | New York (State of) Dormitory Authority (White Plains Hospital Obligated Group), Series 2024, RB                                                       | CUSIP: 65000B7M4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1304714.38   | 0.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                  | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016, Ref. RB                                                                               | CUSIP: 709224RW1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036254.00   | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough (County of), FL Aviation Authority (Tampa International Airport)                                                                       | Hillsborough (County of), FL Aviation Authority (Tampa International Airport), Series 2015 A, RB                                                       | CUSIP: 432275AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9999695.00   | 0.36%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Utility Debt Securitization Authority                                                                                           | New York (State of) Utility Debt Securitization Authority, Series 2016 A, Ref. RB                                                                      | CUSIP: 91802RCF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3815328.75   | 0.14%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.)                                                 | New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.), Series 2013, RB                                   | CUSIP: 6459182H5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1540976.51   | 0.06%             | 2043-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pflugerville Independent School District                                                                                                            | Pflugerville Independent School District, Series 2023 A, GO Bonds                                                                                      | CUSIP: 717096DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1355380.93   | 0.05%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5081496.50   | 0.18%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority (John Glenn Columbus International Airport)                                                                     | Columbus Regional Airport Authority (John Glenn Columbus International Airport), Series 2025, Ref. RB                                                  | CUSIP: 199546DS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043872.70   | 0.04%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $210091.01    | 0.01%             | 2027-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                  | Kentucky (Commonwealth of) Public Energy Authority, Series 2025 A, Ref. RB                                                                             | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6819555.60   | 0.25%             | 2029-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Midtown Clear Creek Metropolitan District                                                                                                           | Midtown Clear Creek Metropolitan District, Series 2023 A, Ref. GO Bonds                                                                                | CUSIP: 59809CAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1320172.80   | 0.05%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| El Paso (County of), CO School District No. 20                                                                                                      | El Paso (County of), CO School District No. 20, Series 2017, GO Bonds                                                                                  | CUSIP: 283461G39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2960289.26   | 0.11%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska (State of) Public Power District                                                                                                           | Nebraska (State of) Public Power District, Series 2016 C, RB                                                                                           | CUSIP: 63968AQ32<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2369956.13   | 0.09%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio (City of), TX                                                                                                                           | San Antonio (City of), TX, Series 2024 A, RB                                                                                                           | CUSIP: 79625GJM6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053149.30   | 0.04%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Health Care Facilities Financing Authority (Inspira Health Obligated Group)                                                   | New Jersey (State of) Health Care Facilities Financing Authority (Inspira Health Obligated Group), Series 2016, Ref. RB                                | CUSIP: 645790AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010777.60   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Honolulu (City & County of), HI                                                                                                                     | Honolulu (City & County of), HI, Series 2015 C, Ref. GO Bonds                                                                                          | CUSIP: 4386702G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4980000 | PA      | $4985167.25   | 0.18%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems)                                                                      | Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems), Series 2016, Ref. RB                                                   | CUSIP: 160853SX6<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6020742.60   | 0.22%             | 2040-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arapahoe County School District No. 1 Englewood                                                                                                     | Arapahoe County School District No. 1 Englewood, Series 2017, GO Bonds                                                                                 | CUSIP: 038663GV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1818154.55   | 0.07%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                                                                                  | New York State Dormitory Authority, Series 2025, RB                                                                                                    | CUSIP: 65000B7B8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2677800.79   | 0.10%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio (City of), TX                                                                                                                           | San Antonio (City of), TX, Series 2017, RB                                                                                                             | CUSIP: 7962537E6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030906.80   | 0.04%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group)                                                           | Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group), Series 2023 A-1, RB                                         | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5071314.00   | 0.18%             | 2026-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                               | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2014 D, Ref. RB                                          | CUSIP: 93978HYL3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999780.50   | 0.18%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                                                                                             | State of North Carolina, Series 2025, RB                                                                                                               | CUSIP: 658268FB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4353205.20   | 0.16%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Rans-Bridgewater)                                                                                    | Wisconsin (State of) Public Finance Authority (Rans-Bridgewater), Series 2024, RB                                                                      | CUSIP: 74442PD69<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1676429 | PA      | $1656555.93   | 0.06%             | 2030-12-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District                                                                                                                        | Imperial Irrigation District, Series 2016 B-2, Ref. RB                                                                                                 | CUSIP: 452650JA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1688240.23   | 0.06%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority                                                                                              | Washington (State of) Health Care Facilities Authority, Series 2015 B, Ref. RB                                                                         | CUSIP: 93978HME2<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  10790000 | PA      | $10802338.37  | 0.39%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook (County of), IL                                                                                                                                | Cook (County of), IL, Series 2018, Ref. GO Bonds                                                                                                       | CUSIP: 213185LH2<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014786.10   | 0.04%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (The Attwater)                                                                                  | New Hampshire (State of) Business Finance Authority (The Attwater), Series 2024, RB                                                                    | CUSIP: 63608TAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3226252.50   | 0.12%             | 2032-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                                                                                             | District of Columbia Income Tax Revenue, Series 2025, RB                                                                                               | CUSIP: 25477GXU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3183109.80   | 0.12%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2024 B, RB                                                                                | CUSIP: 1675934Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056646.70   | 0.04%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami (City of) & Dade (County of), FL School Board (The)                                                                                           | Miami (City of) & Dade (County of), FL School Board (The), Series 2022 A, GO Bonds                                                                     | CUSIP: 59333RLE2<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1952212.81   | 0.07%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon (State of) (Article XI-M)                                                                                                                    | Oregon (State of) (Article XI-M), Series 2023 D, GO Bonds                                                                                              | CUSIP: 68609UDH5<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2124212.00   | 0.08%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Heights (City of), MO (Westport Plaza Redevelopment)                                                                                       | Maryland Heights (City of), MO (Westport Plaza Redevelopment), Series 2020, RB                                                                         | CUSIP: 57407CAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1020461.42   | 0.04%             | 2038-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (DePaul University)                                                                                           | Illinois (State of) Finance Authority (DePaul University), Series 2016, RB                                                                             | CUSIP: 45203H8V7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2458160.50   | 0.09%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), AL                                                                                                                           | Jefferson (County of), AL, Series 2024, Ref. RB                                                                                                        | CUSIP: 472682ZG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2483205.39   | 0.09%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                | New Jersey (State of) Economic Development Authority, Series 2017 A, Ref. RB                                                                           | CUSIP: 64578JAZ9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5151840.50   | 0.19%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                               | Washington (State of), Series 2016 B, GO Bonds                                                                                                         | CUSIP: 93974DA24<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2528089.00   | 0.09%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority (Classical Academy of Sarasota (The))                                                                                       | Capital Trust Authority (Classical Academy of Sarasota (The)), Series 2024, RB                                                                         | CUSIP: 14054WBE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1431591.57   | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (McLaren Health Care)                                                                                         | Michigan (State of) Finance Authority (McLaren Health Care), Series 2015, Ref. RB                                                                      | CUSIP: 59447TAW3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999884.50   | 0.18%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health & Educational Building Corp. (Brown University)                                                                                 | Rhode Island Health & Educational Building Corp. (Brown University), Series 2023, Ref. RB                                                              | CUSIP: 762197R86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4030000 | PA      | $4261255.10   | 0.15%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority (LCRA Transmission Services Corp.)                                                                                   | Lower Colorado River Authority (LCRA Transmission Services Corp.), Series 2019, Ref. RB                                                                | CUSIP: 54811BSZ5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010513.30   | 0.04%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia (Children's Hospital Obligated Group)                                                                                          | District of Columbia (Children's Hospital Obligated Group), Series 2015, Ref. RB                                                                       | CUSIP: 254764KC6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5310000 | PA      | $5313886.39   | 0.19%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Wilson Utility Wilson County (District of), TN                                                                                                 | West Wilson Utility Wilson County (District of), TN, Series 2015, Ref. RB                                                                              | CUSIP: 956876HZ2<br>LEI: 549300WPXZ57G71KKH88 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1545673.16   | 0.06%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                                                                                                  | Austin Independent School District, Series 2022 B, Ref. GO Bonds                                                                                       | CUSIP: 052430UV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2296409.86   | 0.08%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sonoma (County of), CA Junior College District (Election of 2014)                                                                                   | Sonoma (County of), CA Junior College District (Election of 2014), Series 2016 A, GO Bonds                                                             | CUSIP: 835569FC3<br>LEI: 549300C1BQ28FZTVYK25 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1777112.93   | 0.06%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority (Convention Center Hotel)                                                                               | George L Smith II Congress Center Authority (Convention Center Hotel), Series 2021, RB                                                                 | CUSIP: 37255MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $665153.93    | 0.02%             | 2031-01-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2023 AA, Ref. RB                                                                     | CUSIP: 64613CDP0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3632031.90   | 0.13%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Indiana Commuter Transportation District                                                                                                   | Northern Indiana Commuter Transportation District, Series 2016, RB                                                                                     | CUSIP: 66528PBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7140000 | PA      | $7212095.44   | 0.26%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas (City of), TX Independent School District                                                                                                    | Dallas (City of), TX Independent School District, Series 2025 A-1, GO Bonds                                                                            | CUSIP: 235308Q30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6440000 | PA      | $6507132.49   | 0.24%             | 2026-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook (County of), IL                                                                                                                                | Cook (County of), IL, Series 2018, Ref. RB                                                                                                             | CUSIP: 213248BY2<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032452.40   | 0.04%             | 2035-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Social Certificates)                                                                           | New Hampshire (State of) Business Finance Authority (Social Certificates), Series 2024-1A, RB                                                          | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $2774569.90   | 0.10%             | 2034-10-01      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                              | New York (City of), NY, Series 2012, VRD GO Bonds                                                                                                      | CUSIP: 64966QWQ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.54%             | 2025-06-06      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| University of Vermont and State Agricultural College                                                                                                | University of Vermont and State Agricultural College, Series 2015, Ref. RB                                                                             | CUSIP: 915200VQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10009210.00  | 0.36%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2019, Ref. RB                                                                        | CUSIP: 6461366D8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10250000 | PA      | $10739934.63  | 0.39%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard (County of), MD Housing Commission (Social Bonds)                                                                                            | Howard (County of), MD Housing Commission (Social Bonds), Series 2024, RB                                                                              | CUSIP: 442577ES7<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900608.50    | 0.03%             | 2043-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Rochester Community School District                                                                                                                 | Rochester Community School District, Series 2016 I, GO Bonds                                                                                           | CUSIP: 771537VP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1524663.90   | 0.06%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockford Public Schools                                                                                                                             | ROCKFORD PUBLIC SCHOOLS 773318US7 5 5/1/2038                                                                                                           | CUSIP: 773318US7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1037040.98   | 0.04%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Arthur (Port of), TX Navigation District                                                                                                       | Port Arthur (Port of), TX Navigation District, Subseries 2010, VRD RB                                                                                  | CUSIP: 735220AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11825000 | PA      | $11825000.00  | 0.43%             | 2025-06-06      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Mercy Health)                                                                        | Missouri (State of) Health & Educational Facilities Authority (Mercy Health), Series 2012, RB                                                          | CUSIP: 60637ACW0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    690000 | PA      | $616900.92    | 0.02%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Washington                                                                                                                            | University of Washington, Series 2016 A, Ref. RB                                                                                                       | CUSIP: 91523NRL2<br>LEI: T8YS5W0N70BYCTHPA429 | Long             | DBT              | MUN               | US        |  10850000 | PA      | $10894343.95  | 0.40%             | 2046-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Snohomish (County of), WA Public Utility District No. 1                                                                                             | Snohomish (County of), WA Public Utility District No. 1, Series 2015, RB                                                                               | CUSIP: 833102ZC3<br>LEI: 549300LU0VT11TQC1877 | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2780151.51   | 0.10%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Rans-Elevon)                                                                                         | Wisconsin (State of) Public Finance Authority (Rans-Elevon), Series 2024, RB                                                                           | CUSIP: 74442PD51<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1493531.25   | 0.05%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peoria (City of), IL Public Building Commission                                                                                                     | Peoria (City of), IL Public Building Commission, Series 2019 A, Ref. RB                                                                                | CUSIP: 71323MEL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3571670.66   | 0.13%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Alpha Ranch)                                                                                         | Wisconsin (State of) Public Finance Authority (Alpha Ranch), Series 2024, RB                                                                           | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2220425.50   | 0.08%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                                                                                 | Pennsylvania Housing Finance Agency, Series 2021, RB                                                                                                   | CUSIP: 70879QQA4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |  11560000 | PA      | $11248014.10  | 0.41%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                     | Massachusetts (Commonwealth of), Series 2015 A, Ref. GO Bonds                                                                                          | CUSIP: 57582REC6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10015316.00  | 0.36%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar (County of), TX                                                                                                                               | Bexar (County of), TX, Series 2018, Ctfs. of Obligations                                                                                               | CUSIP: 088281G46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010271.80   | 0.04%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                                                                                             | Dallas Fort Worth International Airport, Series 2024, RB                                                                                               | CUSIP: 23503CED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580338.50   | 0.06%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Detroit Water & Sewerage Department)                                                                         | Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2015, RB                                                           | CUSIP: 59447TFG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   7830000 | PA      | $7829485.57   | 0.28%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baltimore (City of), MD (Water)                                                                                                                     | Baltimore (City of), MD (Water), Series 2014 A, RB                                                                                                     | CUSIP: 05922KWG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3635000 | PA      | $3638504.87   | 0.13%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Troy School District                                                                                                                                | Troy School District, Series 2023, GO Bonds                                                                                                            | CUSIP: 897404TY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1362194.07   | 0.05%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2015 B, Ref. RB                                                                                             | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9325000 | PA      | $9259197.21   | 0.34%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                                                                                    | City of Tempe AZ, Series 2025, GO Bonds                                                                                                                | CUSIP: 87973EDB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $2030907.41   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                                                                                           | Michigan State University, Series 2025, RB                                                                                                             | CUSIP: 594712ZS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1372365.75   | 0.05%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Christian (County of), KY (Jennie Stuart Medical Center, Inc.)                                                                                      | Christian (County of), KY (Jennie Stuart Medical Center, Inc.), Series 2016, Ref. RB                                                                   | CUSIP: 170692CM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $433360.54    | 0.02%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Coxhealth)                                                                           | Missouri (State of) Health & Educational Facilities Authority (Coxhealth), Series 2015 A, Ref. RB                                                      | CUSIP: 60637AHU9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2626820.85   | 0.10%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Health Care Facilities Financing Authority (RWJ Barnabas Health Obligated Group)                                              | New Jersey (State of) Health Care Facilities Financing Authority (RWJ Barnabas Health Obligated Group), Series 2016 A, Ref. RB                         | CUSIP: 645790FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5279887.86   | 0.19%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                       | Denver (City & County of), CO, Series 2023 A, Ref. RB                                                                                                  | CUSIP: 249182UE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2022458.99   | 0.07%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pattonville R-3 School District                                                                                                                     | Pattonville R-3 School District, Series 2018 A, GO Bonds                                                                                               | CUSIP: 791400XQ2<br>LEI: 54930016JA5VUOTAUJ59 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1722617.48   | 0.06%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (Case Western Reserve University)                                                            | Ohio (State of) Higher Educational Facility Commission (Case Western Reserve University), Series 2016, Ref. RB                                         | CUSIP: 67756DJY3<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2091223.54   | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Paso Independent School District                                                                                                                 | El Paso Independent School District, Series 2017, GO Bonds                                                                                             | CUSIP: 283770KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3793158.75   | 0.14%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency (Social Certificates)                                                                                  | California (State of) Housing Finance Agency (Social Certificates), Series 2023-1, RB                                                                  | CUSIP: 13033DAL9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   4914312 | PA      | $4872291.12   | 0.18%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chesapeake Bay Bridge & Tunnel District                                                                                                             | Chesapeake Bay Bridge & Tunnel District, Series 2016, RB                                                                                               | CUSIP: 16514PAC3<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |   4910000 | PA      | $4933801.72   | 0.18%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands (Government of) Public Finance Authority (Garvee)                                                                                    | Virgin Islands (Government of) Public Finance Authority (Garvee), Series 2015, RB                                                                      | CUSIP: 927676UE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506874.05   | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp. (NYC Municipal Water Finance Authority)                                                               | New York State Environmental Facilities Corp. (NYC Municipal Water Finance Authority), Series 2015 A, Ref. RB                                          | CUSIP: 64986A6Z9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   6675000 | PA      | $6684091.35   | 0.24%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.)                                                     | Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.), Series 2014, Ref. RB                                  | CUSIP: 186103JD0<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   3010000 | PA      | $2947087.69   | 0.11%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp. (Green Bonds) (4 World Trade Center)                                                                             | New York Liberty Development Corp. (Green Bonds) (4 World Trade Center), Series 2021 A, Ref. RB                                                        | CUSIP: 649519DK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $896858.70    | 0.03%             | 2028-11-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Shawnee County Unified School District No. 437 Auburn - Washburn                                                                                    | Shawnee County Unified School District No. 437 Auburn - Washburn, Series 2015, Ref. GO Bonds                                                           | CUSIP: 820642RT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1693779.52   | 0.06%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Social Certificates)                                                                              | Washington (State of) Housing Finance Commission (Social Certificates), Series 2024-2, RB                                                              | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   5975921 | PA      | $5509055.50   | 0.20%             | 2040-03-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Vermont (State of) Educational & Health Buildings Financing Agency (University of Vermont Medical Center (The))                                     | Vermont (State of) Educational & Health Buildings Financing Agency (University of Vermont Medical Center (The)), Series 2016 A, Ref. RB                | CUSIP: 924166HU8<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1130952.37   | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami (City of) & Dade (County of), FL School Board (The)                                                                                           | Miami (City of) & Dade (County of), FL School Board (The), Series 2016 C, Ref. COP                                                                     | CUSIP: 59333MV93<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    540000 | PA      | $522996.70    | 0.02%             | 2033-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Delaware (State of) River Port Authority                                                                                                            | Delaware (State of) River Port Authority, Series 2013, RB                                                                                              | CUSIP: 246352GK8<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10502514.75  | 0.38%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                               | Houston (City of), TX, Series 2016 B, Ref. RB                                                                                                          | CUSIP: 44244CGU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12178951.20  | 0.44%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hialeah (City of), FL                                                                                                                               | Hialeah (City of), FL, Series 2022, Ref. RB                                                                                                            | CUSIP: 428415AT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2719745.42   | 0.10%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Boston Medical Center)                                                                  | Massachusetts (Commonwealth of) Development Finance Agency (Boston Medical Center), Series 2016, Ref. RB                                               | CUSIP: 57584XWP2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1906025.84   | 0.07%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Social Certificates)                                                                           | New Hampshire (State of) Business Finance Authority (Social Certificates), Series 2024-1A, RB                                                          | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6967196 | PA      | $6461803.10   | 0.23%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                                                                                             | State of North Carolina, Series 2025, RB                                                                                                               | CUSIP: 658268FA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8592979.20   | 0.31%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Water Development Board                                                                                                            | Texas (State of) Water Development Board, Series 2017 A, RB                                                                                            | CUSIP: 882854B50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5047579.00   | 0.18%             | 2042-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (The University of Chicago)                                                                                   | Illinois (State of) Finance Authority (The University of Chicago), Series 2015 A, RB                                                                   | CUSIP: 45203H3F7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   6440000 | PA      | $6461414.93   | 0.23%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                                                                                            | Nuveen California AMT-Free Quality Municipal Income Fund                                                                                               | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |  13800000 | PA      | $13800000.00  | 0.50%             | 2025-06-06      | Variable      | 2.42%                 | No            |                  2 | On Loan: No      |
| Passaic (County of), NJ Improvement Authority (The) (Community Charter School of Paterson)                                                          | Passaic (County of), NJ Improvement Authority (The) (Community Charter School of Paterson), Series 2024, RB                                            | CUSIP: 70275QAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $285988.58    | 0.01%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (University of Dayton)                                                                       | Ohio (State of) Higher Educational Facility Commission (University of Dayton), Series 2015 A, Ref. RB                                                  | CUSIP: 67756DEK8<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2135000.00   | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                  | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016, Ref. RB                                                                               | CUSIP: 709224RX9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2566380.46   | 0.09%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                                                                                | City of Manhattan KS, Series 2025, GO Bonds                                                                                                            | CUSIP: 562895XE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2404757.15   | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                | Triborough Bridge & Tunnel Authority, Series 2008 B-3, RB                                                                                              | CUSIP: 89602N4J0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5026789.00   | 0.18%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                                                                            | Massachusetts Development Finance Agency, Series 2025, RB                                                                                              | CUSIP: 57585BJJ8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3358435.20   | 0.12%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)                                                                     | Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2023, RB                                                       | CUSIP: 92774NBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3539524.63   | 0.13%             | 2043-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.)                                                                   | Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.), Series 2018 A, RB                                                   | CUSIP: 74442PFS9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1135459.36   | 0.04%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance)                                                                     | Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance), Series 2012, RB                                                       | CUSIP: 97710BW65<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001794.20   | 0.04%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                          | Illinois (State of) Toll Highway Authority, Series 2015 B, RB                                                                                          | CUSIP: 452252LC1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4022944.80   | 0.15%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corpus Christi Independent School District                                                                                                          | Corpus Christi Independent School District, Series 2023, GO Bonds                                                                                      | CUSIP: 220148BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1384722.32   | 0.05%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Mercy Health)                                                                        | Missouri (State of) Health & Educational Facilities Authority (Mercy Health), Series 2018 A, Ref. RB                                                   | CUSIP: 60637AMY5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    120000 | PA      | $122142.17    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Humboldt (County of), NV                                                                                                                            | Humboldt (County of), NV, Series 2016, Ref. RB                                                                                                         | CUSIP: 445199AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3509810.50   | 0.13%             | 2029-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Frisco Independent School District                                                                                                                  | Frisco Independent School District, Series 2016 B, GO Bonds                                                                                            | CUSIP: 35880CWG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2058986.40   | 0.07%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                 | Metropolitan Transportation Authority (Green Bonds), Series 2016 A2, Ref. RB                                                                           | CUSIP: 59261ADL8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9232047.90   | 0.34%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Municipal Power Agency                                                                                                           | Indiana (State of) Municipal Power Agency, Series 2016 A, Ref. RB                                                                                      | CUSIP: 454898TX5<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10049619.00  | 0.36%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Trophy Club TX Public Improvement District No 1                                                                                             | Town of Trophy Club TX Public Improvement District No 1, Series 2025, RB                                                                               | CUSIP: 89706PAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032086.40   | 0.04%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2017 C, Ref. RB                                                                           | CUSIP: 167593B27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005060.10   | 0.04%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission (Novant Health Obligated Group)                                                                   | North Carolina (State of) Medical Care Commission (Novant Health Obligated Group), Series 2013, Ref. RB                                                | CUSIP: 65821DRK9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   4260000 | PA      | $4215055.72   | 0.15%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Housing Finance Agency                                                                                                              | Ohio (State of) Housing Finance Agency, Series 2018 A, RB                                                                                              | CUSIP: 67756QXN2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    785000 | PA      | $664924.83    | 0.02%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puyallup School District No. 3 (Washing State School District Credit Enhancement Program)                                                           | Puyallup School District No. 3 (Washing State School District Credit Enhancement Program), Series 2016, GO Bonds                                       | CUSIP: 720390ZA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1809322.56   | 0.07%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Summit County School District No. RE-1                                                                                                              | Summit County School District No. RE-1, Series 2017, GO Bonds                                                                                          | CUSIP: 866045NG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1742974.05   | 0.06%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha (City of), NE Public Power District                                                                                                           | Omaha (City of), NE Public Power District, Series 2017 A, Ref. RB                                                                                      | CUSIP: 682001FX5<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |  23765000 | PA      | $23968675.56  | 0.87%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (University of Dayton 2025)                                                                  | Ohio (State of) Higher Educational Facility Commission (University of Dayton 2025), Series 2025, Ref. RB                                               | CUSIP: 67756DW51<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2975000 | PA      | $3083470.29   | 0.11%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group)                                                      | Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group), Series 2016, Ref. RB                                   | CUSIP: 97712DQY5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   6650000 | PA      | $6697032.79   | 0.24%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) (University Hospitals Health System, Inc.)                                                                                          | Ohio (State of) (University Hospitals Health System, Inc.), Series 2016, Ref. RB                                                                       | CUSIP: 67756CCT3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2506237.00   | 0.09%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $285313.17    | 0.01%             | 2027-01-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                          | Illinois (State of) Toll Highway Authority, Series 2015 A, RB                                                                                          | CUSIP: 452252KR9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   5550000 | PA      | $5550269.18   | 0.20%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rib Floater Trust                                                                                                                                   | Rib Floater Trust, Series 2022-047, VRD RB                                                                                                             | CUSIP: 76252PXW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.36%             | 2045-12-01      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| Grundy Kendall & Will Counties Community Consolidated School Dist No 201 Minooka                                                                    | Grundy Kendall & Will Counties Community Consolidated School Dist No 201 Minooka, Series 2022, GO Bonds                                                | CUSIP: 400442HD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1556961.78   | 0.06%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Vail Valley Medical Center)                                                                        | Colorado (State of) Health Facilities Authority (Vail Valley Medical Center), Series 2015, RB                                                          | CUSIP: 19648A4M4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012140.40   | 0.07%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Conservancy District                                                                                                                   | South Dakota Conservancy District, Series 2014 B, RB                                                                                                   | CUSIP: 837545KU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2769424.28   | 0.10%             | 2025-07-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6810000 | PA      | $6815698.61   | 0.25%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arizona (The) (Green Bonds)                                                                                                           | University of Arizona (The) (Green Bonds), Series 2016 B, RB                                                                                           | CUSIP: 040484QU4<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2547772.46   | 0.09%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wildwood (City of), FL Village Community Development Disctrict No. 15                                                                               | Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2024, RB                                                                 | CUSIP: 92708KAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992335.80    | 0.04%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Austin (City of), TX                                                                                                                                | Austin (City of), TX, Series 2023, Ref. RB                                                                                                             | CUSIP: 052414VP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2762761.87   | 0.10%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport)                                                                 | Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2021 A, RB                                                 | CUSIP: 944514C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2114289.00   | 0.08%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Charles (City of), MO                                                                                                                           | St. Charles (City of), MO, Series 2024 A, GO Bonds                                                                                                     | CUSIP: 787855X75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1234154.11   | 0.04%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                | New Jersey (State of) Economic Development Authority, Series 2016 AAA, RB                                                                              | CUSIP: 64577BTJ3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1497884.95   | 0.05%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.)                                                  | Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.), Series 2019, Ref. RB                               | CUSIP: 888804CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2044386.20   | 0.07%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                               | Metropolitan Transportation Authority, Series 2016 A, Ref. RB                                                                                          | CUSIP: 59259N2W2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5704992.72   | 0.21%             | 2034-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbia County School District No. 502                                                                                                             | Columbia County School District No. 502, Series 2017, GO Bonds                                                                                         | CUSIP: 197558EN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1337922.13   | 0.05%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $474213.18    | 0.02%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                              | New York (City of), NY, Subseries 2022 B-1, GO Bonds                                                                                                   | CUSIP: 64966QK74<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4802170.05   | 0.17%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project (No. 3)                                                                                                               | Central Plains Energy Project (No. 3), Series 2017 A, Ref. RB                                                                                          | CUSIP: 154871CK1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    830000 | PA      | $881931.03    | 0.03%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                          | Illinois (State of) Toll Highway Authority, Series 2015 A, RB                                                                                          | CUSIP: 452252KS7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6476525.25   | 0.24%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Municipal Water Finance Authority                                                                                            | New York (City of), NY Municipal Water Finance Authority, Series 2016 CC, Ref. RB                                                                      | CUSIP: 64972GMW1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4005718.00   | 0.15%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of)                                                                                                                                | Louisiana (State of), Series 2016 A, GO Bonds                                                                                                          | CUSIP: 5464154C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3049778.10   | 0.11%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Grove (Village of), IL (Sunset Grove)                                                                                                          | Long Grove (Village of), IL (Sunset Grove), Series 2020, Ref. RB                                                                                       | CUSIP: 54265XAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $314019.84    | 0.01%             | 2029-01-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2024 AA, Ref. RB                                                                     | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4748332.05   | 0.17%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport)                                                                       | Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2022 B, Ref. RB                                                  | CUSIP: 23503CBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4787737.20   | 0.17%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.)                                                                                             | Iowa (State of) Finance Authority (Iowa Fertilizer Co.), Series 2022, Ref. RB                                                                          | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10584402.00  | 0.38%             | 2032-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                                                                                                | Public Authority for Colorado Energy, Series 2008, RB                                                                                                  | CUSIP: 744387AC5<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1745057.32   | 0.06%             | 2028-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                                                                                                | Northern California Energy Authority, Series 2024, Ref. RB                                                                                             | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6688860.16   | 0.24%             | 2030-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                                                                                                 | Leander Independent School District, Series 2015 A, Ref. GO Bonds                                                                                      | CUSIP: 521841HD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5900000 | PA      | $5921297.23   | 0.21%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas College                                                                                                                                      | Dallas College, Series 2022, GO Bonds                                                                                                                  | CUSIP: 234685MQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1063826.28   | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Educational Facilities Authority                                                                                              | New Jersey (State of) Educational Facilities Authority, Series 2015 D, Ref. RB                                                                         | CUSIP: 646066LC2<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2091327.36   | 0.08%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The) (No. 6)                                                                                                        | Black Belt Energy Gas District (The) (No. 6), Series 2021 B, RB                                                                                        | CUSIP: 09182TAF4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3992022.40   | 0.14%             | 2026-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                       | Main Street Natural Gas, Inc., Series 2022 C, RB                                                                                                       | CUSIP: 56035DDL3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2990000 | PA      | $2989179.84   | 0.11%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (St. Louis University)                                                                | Missouri (State of) Health & Educational Facilities Authority (St. Louis University), Series 2015 A, RB                                                | CUSIP: 60636AMM2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   9180000 | PA      | $9205680.13   | 0.33%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                                                                                | Tennessee Housing Development Agency, Series 2015-2B, RB                                                                                               | CUSIP: 880461HP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2580147.06   | 0.09%             | 2029-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                        | California (State of) Housing Finance Agency, Series 2019 A-2, RB                                                                                      | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  14107705 | PA      | $14016719.14  | 0.51%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Agricultural & Economic Development Board (HealthPartners Obligated Group)                                                                | Minnesota Agricultural & Economic Development Board (HealthPartners Obligated Group), Series 2024, RB                                                  | CUSIP: 6049202W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2678932.28   | 0.10%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (St. Luke's Health System, Inc.)                                                      | Missouri (State of) Health & Educational Facilities Authority (St. Luke's Health System, Inc.), Series 2016, Ref. RB                                   | CUSIP: 60637AKV3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2772884.66   | 0.10%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Social Bonds)                                                                                  | Arizona (State of) Industrial Development Authority (Social Bonds), Series 2023, RB                                                                    | CUSIP: 04052FEG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017541.80   | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                                                                                   | Comal Independent School District, Series 2017, GO Bonds                                                                                               | CUSIP: 1998203M1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1514789.85   | 0.05%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (White Plains Hospital Obligated Group)                                                                     | New York (State of) Dormitory Authority (White Plains Hospital Obligated Group), Series 2024, RB                                                       | CUSIP: 65000B7N2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3201754.40   | 0.12%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Nassau Stewardship District (PDP No. 4)                                                                                                        | East Nassau Stewardship District (PDP No. 4), Series 2024, RB                                                                                          | CUSIP: 27379AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3146258.43   | 0.11%             | 2029-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB                                                                                             | CUSIP: 888808HA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.04%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County School Board                                                                                                                        | Seminole County School Board, Series 2016 C, COP                                                                                                       | CUSIP: 816692NC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016034.90   | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                               | California (State of), Series 2023, GO Bonds                                                                                                           | CUSIP: 13063D5E4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10010000 | PA      | $10876750.89  | 0.39%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                                                                                           | Michigan State University, Series 2025, RB                                                                                                             | CUSIP: 594712ZR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1829496.82   | 0.07%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sparks (City of), NV (Tourism Improvement District No. 1)                                                                                           | Sparks (City of), NV (Tourism Improvement District No. 1), Series 2019 A, Ref. RB                                                                      | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $855065.73    | 0.03%             | 2028-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                                                                                         | Omaha Public Power District, Series 2025, RB                                                                                                           | CUSIP: 682001NQ1<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180977.20   | 0.08%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Byron Center Public Schools                                                                                                                         | Byron Center Public Schools, Series 2017 I, GO Bonds                                                                                                   | CUSIP: 124511MQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2330370.18   | 0.08%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.)                                                                          | Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.), Series 2024, Ref. RB                                                       | CUSIP: 734195DY3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    965000 | PA      | $999483.79    | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), FL School Board                                                                                                                 | Orange (County of), FL School Board, Series 2016 C, Ref. COP                                                                                           | CUSIP: 684517RX5<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |   4475000 | PA      | $4583470.42   | 0.17%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris (County of), TX Regional Water Authority                                                                                               | North Harris (County of), TX Regional Water Authority, Series 2016, Ref. RB                                                                            | CUSIP: 65956NGV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1317620.45   | 0.05%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUZ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    470000 | PA      | $478039.96    | 0.02%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waco Independent School District                                                                                                                    | Waco Independent School District, Series 2023, GO Bonds                                                                                                | CUSIP: 929845XT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064307.50   | 0.04%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Public Finance Authority                                                                                                           | Texas (State of) Public Finance Authority, Series 2023, RB                                                                                             | CUSIP: 88277PAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523315.25    | 0.02%             | 2038-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                                                                                   | Palm Beach County School District, Series 2023 A, COP                                                                                                  | CUSIP: 696550L42<br>LEI: 549300J36FX8PM8L7086 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1607876.25   | 0.06%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota (State of) Housing Finance Agency (Social Bonds)                                                                                       | North Dakota (State of) Housing Finance Agency (Social Bonds), Series 2023, RB                                                                         | CUSIP: 6589093K0<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2393180.67   | 0.09%             | 2054-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority                                                                             | Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2023 B, Ref. RB                                                        | CUSIP: 70870JGE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031869.10   | 0.04%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools)                                                              | Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools), Series 2021, RB                                                | CUSIP: 56681NGR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $583791.06    | 0.02%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Port Aransas Independent School District                                                                                                            | Port Aransas Independent School District, Series 2023 A, GO Bonds                                                                                      | CUSIP: 733460KB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1502211.14   | 0.05%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                  | Kentucky (Commonwealth of) Public Energy Authority, Series 2019 C, RB                                                                                  | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5075000 | PA      | $5070982.63   | 0.18%             | 2028-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Seattle (Port of), WA                                                                                                                               | Seattle (Port of), WA, Series 2017, GO Bonds                                                                                                           | CUSIP: 735371QE9<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3407357.48   | 0.12%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2013, RB                                                                                                                   | CUSIP: 452227HA2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501134.10    | 0.02%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                       | North Texas Tollway Authority, Series 2016 A, Ref. RB                                                                                                  | CUSIP: 66285WSR8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   3140000 | PA      | $3151950.53   | 0.11%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canonsburg-Houston Joint Authority (The)                                                                                                            | Canonsburg-Houston Joint Authority (The), Series 2015 A, RB                                                                                            | CUSIP: 138015FY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1362259.78   | 0.05%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency (Social Certificates)                                                                                  | California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs.                                                      | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   5697499 | PA      | $5627022.79   | 0.20%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp. (St. Ann's Community)                                                                                    | Monroe County Industrial Development Corp. (St. Ann's Community), Series 2019, Ref. RB                                                                 | CUSIP: 61075TUG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1383635.25   | 0.05%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                          | Miami-Dade (County of), FL, Series 2016 A, Ref. RB                                                                                                     | CUSIP: 59333PU30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10135000 | PA      | $10165129.33  | 0.37%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Cincinnati                                                                                                                            | University of Cincinnati, Series 2016 C, RB                                                                                                            | CUSIP: 914119F64<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1407058.10   | 0.05%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Independent School District                                                                                                                | Pasadena Independent School District, Series 2018, GO Bonds                                                                                            | CUSIP: 702334JA2<br>LEI: 549300QY114RR4MXVU24 | Long             | DBT              | MUN               | US        |    485000 | PA      | $496554.74    | 0.02%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Haven (City of), CT                                                                                                                             | New Haven (City of), CT, Series 2018 A, GO Bonds                                                                                                       | CUSIP: 6450205R5<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1162721.36   | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                       | Denver (City & County of), CO, Series 2012 B, RB                                                                                                       | CUSIP: 249182GK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2589924.37   | 0.09%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                                                                      | Tender Option Bond Trust Receipts/Certificates, Series 2021, VRD RB                                                                                    | CUSIP: 88034YZE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 0.09%             | 2025-06-06      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The)                                                                                                                | Black Belt Energy Gas District (The), Series 2023 B, RB                                                                                                | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5295481.50   | 0.19%             | 2030-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                                                                                        | Clark County School District, Series 2015 C, Ref. GO Bonds                                                                                             | CUSIP: 181059Q74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4036425.20   | 0.15%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of)                                                                                                                                | Louisiana (State of), Series 2022 A, Ref. RB                                                                                                           | CUSIP: 546475VU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3406963.48   | 0.12%             | 2026-05-01      | Floating      | 3.51%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQC2<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   5752000 | PA      | $5294119.52   | 0.19%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mobile (City of), AL Industrial Development Board (Alabama Power Co. Barry Plant)                                                                   | Mobile (City of), AL Industrial Development Board (Alabama Power Co. Barry Plant), Series 2008, RB                                                     | CUSIP: 607167DX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3499830.25   | 0.13%             | 2026-03-12      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                                                                       | Florida Housing Finance Corp., Series 2018 2, RB                                                                                                       | CUSIP: 34074MSJ1<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1399749.98   | 0.05%             | 2050-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                         | Michigan (State of) Building Authority (Facilities Program), Series 2016 I, Ref. RB                                                                    | CUSIP: 594615FY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3472648.22   | 0.13%             | 2041-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2016 B, Ref. RB                                                                           | CUSIP: 167593UT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6007856.40   | 0.22%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus (City of), IN                                                                                                                              | Columbus (City of), IN, Series 2016, Ref. RB                                                                                                           | CUSIP: 199270HJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $3990981.82   | 0.14%             | 2027-02-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                                                                                               | Northwest Independent School District, Series 2023, GO Bonds                                                                                           | CUSIP: 667826EE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2749948.21   | 0.10%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (Kenyon College)                                                                             | Ohio (State of) Higher Educational Facility Commission (Kenyon College), Series 2015, Ref. RB                                                          | CUSIP: 67756DFW1<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   3180000 | PA      | $3180228.96   | 0.12%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Public Service Authority                                                                                                  | South Carolina (State of) Public Service Authority, Series 2016 B, Ref. RB                                                                             | CUSIP: 837151RR2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997411.40   | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin (City of), TX                                                                                                                                | Austin (City of), TX, Series 2017, Ref. RB                                                                                                             | CUSIP: 0524762Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2528093.25   | 0.09%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb (County of), GA Housing Authority (Park at 500)                                                                                              | DeKalb (County of), GA Housing Authority (Park at 500), Series 2024, RB                                                                                | CUSIP: 240471PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5858034.60   | 0.21%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)                                                                        | Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.), Series 2023, RB                                                          | CUSIP: 041807DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1497300.60   | 0.05%             | 2026-06-15      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (University of Dayton)                                                                       | Ohio (State of) Higher Educational Facility Commission (University of Dayton), Series 2015 A, Ref. RB                                                  | CUSIP: 67756DEJ1<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2565000.00   | 0.09%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Florida Water Management District                                                                                                             | South Florida Water Management District, Series 2016, Ref. COP                                                                                         | CUSIP: 83786PCU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3300579.72   | 0.12%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (The) (Tuscon Country Day School)                                                             | Pima (County of), AZ Industrial Development Authority (The) (Tuscon Country Day School), Series 2007, Ref. RB                                          | CUSIP: 72177MJC2<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    645000 | PA      | $566678.49    | 0.02%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)                                                                        | Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.), Series 2021, RB                                                          | CUSIP: 0418063B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1392247.36   | 0.05%             | 2026-06-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                  | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019 A, RB                                                                                  | CUSIP: 709224M97<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135871.60   | 0.08%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota (State of) Housing Finance Agency (Social Bonds)                                                                                       | North Dakota (State of) Housing Finance Agency (Social Bonds), Series 2024 C, RB                                                                       | CUSIP: 6589098C3<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1575878.59   | 0.06%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Salt Lake City (City of), UT                                                                                                                        | Salt Lake City (City of), UT, Series 2017 B, RB                                                                                                        | CUSIP: 795576GR2<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |   7100000 | PA      | $7132744.49   | 0.26%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2016 B, Ref. RB                                                                           | CUSIP: 167593UY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2513101.25   | 0.09%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                       | Main Street Natural Gas, Inc., Series 2023 C, RB                                                                                                       | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2090426.80   | 0.08%             | 2030-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of), GA                                                                                                                               | Atlanta (City of), GA, Series 2015, Ref. RB                                                                                                            | CUSIP: 047870NE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26385000 | PA      | $26465619.37  | 0.96%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton (City of), TX                                                                                                                                | Denton (City of), TX, Series 2017, RB                                                                                                                  | CUSIP: 249015D21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6850000 | PA      | $6922503.14   | 0.25%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt Univ Medical Center) | Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt University Medical Cent | CUSIP: 592041WF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20330000 | PA      | $20442174.84  | 0.74%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                                                                                | City of Manhattan KS, Series 2025, GO Bonds                                                                                                            | CUSIP: 562895XD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2412378.38   | 0.09%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard (County of), MD Housing Commission (Social Bonds)                                                                                            | Howard (County of), MD Housing Commission (Social Bonds), Series 2021 A, Ref. RB                                                                       | CUSIP: 442577DY5<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2837776.50   | 0.10%             | 2027-06-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Advocate Health Care Network)                                                                                | Illinois (State of) Finance Authority (Advocate Health Care Network), Series 2008 A, Ref. RB                                                           | CUSIP: 45204EY93<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2059597.27   | 0.07%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The) (No. 4)                                                                                                        | Black Belt Energy Gas District (The) (No. 4), Series 2019 A-1, RB                                                                                      | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  17500000 | PA      | $17502929.50  | 0.64%             | 2025-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                                                                                   | Palm Beach County School District, Series 2023 A, COP                                                                                                  | CUSIP: 696550L59<br>LEI: 549300J36FX8PM8L7086 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2397246.75   | 0.09%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Douglas NE                                                                                                                                | County of Douglas NE, Series 2025, RB                                                                                                                  | CUSIP: 259226DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057028.20   | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                        | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                     | CUSIP: 79041LAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $193797.26    | 0.01%             | 2028-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association                                                                                                      | Idaho (State of) Housing & Finance Association, Series 2023 A, RB                                                                                      | CUSIP: 45130ABN4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1772205.93   | 0.06%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mesa (City of), AZ                                                                                                                                  | Mesa (City of), AZ, Series 2018, RB                                                                                                                    | CUSIP: 590545D71<br>LEI: 549300L1QYAKFHSIGE94 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4547185.65   | 0.17%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2017 D, GO Bonds                                                                                                           | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1108252.42   | 0.04%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                                                                                                 | County of Cook IL Sales Tax Revenue, Series 2021, RB                                                                                                   | CUSIP: 213248CE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1739019.20   | 0.06%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission (Wake Forest Baptist Obligated Group)                                                             | North Carolina (State of) Medical Care Commission (Wake Forest Baptist Obligated Group), Series 2012 A, RB                                             | CUSIP: 65821DMM0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    230000 | PA      | $204718.49    | 0.01%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Henry Ford Health System)                                                                                    | Michigan (State of) Finance Authority (Henry Ford Health System), Series 2016, Ref. RB                                                                 | CUSIP: 59447TMH3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2766334.16   | 0.10%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams & Weld Counties School District No. 27J Brighton                                                                                              | Adams & Weld Counties School District No. 27J Brighton, Series 2015, GO Bonds                                                                          | CUSIP: 005518VM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1044164.06   | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Sanitary Authority                                                                                                        | Allegheny (County of), PA Sanitary Authority, Series 2024, Ref. RB                                                                                     | CUSIP: 017357Q98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061616.60   | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Coral (City of), FL                                                                                                                            | Cape Coral (City of), FL, Series 2017, Ref. RB                                                                                                         | CUSIP: 139372RF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1789140.91   | 0.06%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Housing & Mortgage Finance Agency (Social Bonds)                                                                              | New Jersey (State of) Housing & Mortgage Finance Agency (Social Bonds), Series 2022 I, RB                                                              | CUSIP: 64613AGE6<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   9905000 | PA      | $10203571.37  | 0.37%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)                                                                                | Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds), Series 2021-136, Ref. RB                                                         | CUSIP: 70879QNW9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   6606571 | PA      | $6524876.79   | 0.24%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2024, RB                                                                                                  | CUSIP: 1675934X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1442032.74   | 0.05%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                               | Houston (City of), TX, Series 2018 B, Ref. RB                                                                                                          | CUSIP: 442349BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015601.20   | 0.07%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Affordable Housing Tax-Exempt Bond Pass-Thru Trust                                                                                                  | Affordable Housing Tax-Exempt Bond Pass-Thru Trust, Series 2023-1, RB                                                                                  | CUSIP: 00832UAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2669060 | PA      | $2659571.49   | 0.10%             | 2040-10-05      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Utility Debt Securitization Authority                                                                                           | New York (State of) Utility Debt Securitization Authority, Series 2016 A, Ref. RB                                                                      | CUSIP: 91802RCH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7121947.00   | 0.26%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                | District of Columbia, Series 2017 A, Ref. GO Bonds                                                                                                     | CUSIP: 25476FUE6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028833.70   | 0.04%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), AL                                                                                                                           | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.                                                                                              | CUSIP: 472682ZK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2634525.25   | 0.10%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pinellas (County of), FL School Board                                                                                                               | Pinellas (County of), FL School Board, Series 2017 A, COP                                                                                              | CUSIP: 723203AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3052959.90   | 0.11%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brevard (County of), FL Health Facilities Authority (Health First Obligated Group)                                                                  | Brevard (County of), FL Health Facilities Authority (Health First Obligated Group), Series 2024, Ref. RB                                               | CUSIP: 107416QH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5290706.00   | 0.19%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                                    | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030185.60   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga (City of), TN                                                                                                                           | Chattanooga (City of), TN, Series 2015 C, Ref. RB                                                                                                      | CUSIP: 162393FV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751565.55   | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                                                                                                  | Oregon Health & Science University, Series 2016 B, Ref. RB                                                                                             | CUSIP: 685869ES4<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2051043.74   | 0.07%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization Corp.)                                                | California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 B-1, Ref. RB                         | CUSIP: 13016NFB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $339997.95    | 0.01%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State College Area School District                                                                                                                  | State College Area School District, Series 2015, GO Bonds                                                                                              | CUSIP: 856706WW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6405265.92   | 0.23%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2017 D, RB                                                                                | CUSIP: 167593WN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5096255.50   | 0.19%             | 2036-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Pinecrest Academy of Northern Nevada)                                                          | Arizona (State of) Industrial Development Authority (Pinecrest Academy of Northern Nevada), Series 2022 A, RB                                          | CUSIP: 04052BRH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1201497.25   | 0.04%             | 2029-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                                                            | University of California, Series 2016 AR, Ref. RB                                                                                                      | CUSIP: 91412GJ22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4545207.45   | 0.17%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Coxhealth)                                                                           | Missouri (State of) Health & Educational Facilities Authority (Coxhealth), Series 2015 A, Ref. RB                                                      | CUSIP: 60637AHW5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3210850.56   | 0.12%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Copper Ridge Metropolitan District                                                                                                                  | Copper Ridge Metropolitan District, Series 2019, RB                                                                                                    | CUSIP: 217558AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3993269.40   | 0.14%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon (State of) (Article XI-Q State)                                                                                                              | Oregon (State of) (Article XI-Q State), Series 2016 D, GO Bonds                                                                                        | CUSIP: 68609BSD0<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3698628.20   | 0.13%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                                                                                                              | Wayne State University, Series 2016 A, Ref. RB                                                                                                         | CUSIP: 946303VH4<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2798344.45   | 0.10%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health)                                                               | Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health), Series 2017 A, RB                                               | CUSIP: 5742182P7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3083732.81   | 0.11%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Turnpike Authority                                                                                                            | New Jersey (State of) Turnpike Authority, Series 2017 A, RB                                                                                            | CUSIP: 6461396Q3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2158051.68   | 0.08%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Central Regional Wastewater Treatment Facilities Operation Board                                                                               | East Central Regional Wastewater Treatment Facilities Operation Board, Series 2017, Ref. RB                                                            | CUSIP: 27149TBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2051220.00   | 0.07%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Suburban Sanitary Commission                                                                                                  | Washington (State of) Suburban Sanitary Commission, Series 2015 B, VRD RB                                                                              | CUSIP: 940158HR2<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |  14210000 | PA      | $14210000.00  | 0.52%             | 2027-06-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                                                                                                | Oregon State Lottery, Series 2022, RB                                                                                                                  | CUSIP: 68607V3C7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3467242.68   | 0.13%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Temple TX                                                                                                                                   | City of Temple TX, Series 2025, GO Bonds                                                                                                               | CUSIP: 880065FW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073785.20   | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Troy School District                                                                                                                                | Troy School District, Series 2023, GO Bonds                                                                                                            | CUSIP: 897404TX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1397662.50   | 0.05%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), OH (Nationwide Children's Hospital)                                                                                           | Franklin (County of), OH (Nationwide Children's Hospital), Series 2016, Ref. RB                                                                        | CUSIP: 353187DJ3<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2675944.52   | 0.10%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                       | Main Street Natural Gas, Inc., Series 2022 C, RB                                                                                                       | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4970477.00   | 0.18%             | 2027-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Gainesville (City of), FL                                                                                                                           | Gainesville (City of), FL, Series 2012 B, Ref. VRD RB                                                                                                  | CUSIP: 362848RR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11000000.00  | 0.40%             | 2042-10-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                  | Kentucky (Commonwealth of) Public Energy Authority, Series 2018 C-1, RB                                                                                | CUSIP: 74440DBR4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  11970000 | PA      | $11970000.00  | 0.43%             | 2025-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund                                                                                                        | Nuveen AMT-Free Municipal Credit Income Fund, Series B                                                                                                 | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7500000.00   | 0.27%             | 2025-06-06      | Variable      | 2.42%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                         | Michigan (State of) Building Authority (Facilities Program), Series 2016 I, Ref. RB                                                                    | CUSIP: 594615FT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1563961.01   | 0.06%             | 2036-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                                                                                      | Lamar Consolidated Independent School District, Series 2018, GO Bonds                                                                                  | CUSIP: 513174XP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11073527.30  | 0.40%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.)                                                                          | Greater Cincinnati (Port of), OH Development Authority (Duke Energy Corp.), Series 2024, Ref. RB                                                       | CUSIP: 734195DU1<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1504862.26   | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                               | New York (City of), NY Transitional Finance Authority, Subseries 2016 B-1, RB                                                                          | CUSIP: 64971WS68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5026182.00   | 0.18%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Farmington (City of), NM (Public Service Co. of New Mexico San Juan)                                                                                | Farmington (City of), NM (Public Service Co. of New Mexico San Juan), Series 2010, Ref. RB                                                             | CUSIP: 311450GC8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6347808.18   | 0.23%             | 2028-06-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Rice Lake Area School District                                                                                                                      | Rice Lake Area School District, Series 2014, GO Bonds                                                                                                  | CUSIP: 762803DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1020150.01   | 0.04%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rockford Public Schools                                                                                                                             | Rockford Public Schools, Series 2016, Ref. GO Bonds                                                                                                    | CUSIP: 773318UT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1036395.75   | 0.04%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest (Columbia Generating Station)                                                                                                      | Energy Northwest (Columbia Generating Station), Series 2015 A, Ref. RB                                                                                 | CUSIP: 29270CJ89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5760000 | PA      | $5762170.94   | 0.21%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Brainerd MN                                                                                                                                 | City of Brainerd MN, Series 2025, RB                                                                                                                   | CUSIP: 10501DAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2019792.12   | 0.07%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The)                                                                                                                | Black Belt Energy Gas District (The), Series 2022 B-1, RB                                                                                              | CUSIP: 09182TBC0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  12950000 | PA      | $12917952.64  | 0.47%             | 2027-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                               | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                               | CUSIP: 93978HGA7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  17500000 | PA      | $17370878.00  | 0.63%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Howard (County of), MD Housing Commission (Social Bonds)                                                                                            | Howard (County of), MD Housing Commission (Social Bonds), Series 2021 A, Ref. RB                                                                       | CUSIP: 442577DZ2<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1800653.60   | 0.07%             | 2029-06-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Portage Public Schools                                                                                                                              | Portage Public Schools, Series 2016, Ref. GO Bonds                                                                                                     | CUSIP: 735779MV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1319140.03   | 0.05%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                                                                                                | Weld County School District No. RE-4, Series 2016, GO Bonds                                                                                            | CUSIP: 949232EC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5895000 | PA      | $6007231.96   | 0.22%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB                                                                                             | CUSIP: 888808HJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6635833.10   | 0.24%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) School Building Authority                                                                                           | Massachusetts (Commonwealth of) School Building Authority, Series 2015 D, Ref. RB                                                                      | CUSIP: 576000YJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14999218.50  | 0.54%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Sutter Health)                                                                         | California (State of) Health Facilities Financing Authority (Sutter Health), Series 2018 A, RB                                                         | CUSIP: 13032URP5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9969302.00   | 0.36%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement Revenue                                                                                                         | State of Nevada Highway Improvement Revenue, Series 2024, RB                                                                                           | CUSIP: 641480LW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2395041.82   | 0.09%             | 2028-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                               | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                               | CUSIP: 93978HFW0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  21650000 | PA      | $21459363.09  | 0.78%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska (State of) Municipal Bond Bank Authority (Tanana Chiefs Conference)                                                                          | Alaska (State of) Municipal Bond Bank Authority (Tanana Chiefs Conference), Series 2015-3, Ref. RB                                                     | CUSIP: 01179RNC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1831433.81   | 0.07%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority (LCRA Transmission Services Corp.)                                                                                   | Lower Colorado River Authority (LCRA Transmission Services Corp.), Series 2019, Ref. RB                                                                | CUSIP: 54811BSY8<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1225283.51   | 0.04%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority (John Glenn Columbus International Airport)                                                                     | Columbus Regional Airport Authority (John Glenn Columbus International Airport), Series 2025, Ref. RB                                                  | CUSIP: 199546DR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1632965.77   | 0.06%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority                                                                                                                   | Oklahoma County Finance Authority, Series 2024, RB                                                                                                     | CUSIP: 67868UJP9<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1598177.55   | 0.06%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge & Tunnel Enterprise                                                                                                                 | Colorado Bridge & Tunnel Enterprise, Series 2025, RB                                                                                                   | CUSIP: 19633TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082936.70   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc. (Prairie State Energy Campus)                                                                                        | American Municipal Power, Inc. (Prairie State Energy Campus), Series 2023, Ref. RB                                                                     | CUSIP: 02765URZ9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10670417.00  | 0.39%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of), GA Urban Residential Finance Authority (GE Tower Apartments)                                                                     | Atlanta (City of), GA Urban Residential Finance Authority (GE Tower Apartments), Series 2023 B, RB                                                     | CUSIP: 04785VBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.18%             | 2025-06-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Honolulu (City & County of), HI                                                                                                                     | Honolulu (City & County of), HI, Series 2018 A, GO Bonds                                                                                               | CUSIP: 438687FT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035677.00   | 0.07%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4352461.76   | 0.16%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                                                                                           | Spring Branch Independent School District, Series 2022, GO Bonds                                                                                       | CUSIP: 849476VL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2414038.28   | 0.09%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                                                                                      | Sales Tax Securitization Corp., Series 2017, Ref. RB                                                                                                   | CUSIP: 79467BAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1168633.31   | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health Obligated Group)                                       | New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health Obligated Group), Series 2017, Ref. RB                    | CUSIP: 645790JS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1153406.24   | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                                                                                        | State of Kansas Department of Transportation, Series 2025, RB                                                                                          | CUSIP: 485424TP0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3247495.80   | 0.12%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                                                                                         | California State University, Series 2016 A, Ref. RB                                                                                                    | CUSIP: 13077C3U6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2019693.40   | 0.07%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                                                                                   | Palm Beach County School District, Series 2025, COP                                                                                                    | CUSIP: 696550M33<br>LEI: 549300J36FX8PM8L7086 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1773267.93   | 0.06%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System)                                                          | Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Series 2024, Ref. RB                                       | CUSIP: 414009SN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049353.40   | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group)                                                           | Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group), Series 2016, Ref. RB                                        | CUSIP: 56682HBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3279831.44   | 0.12%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockland Tobacco Asset Securitization Corp.                                                                                                         | Rockland Tobacco Asset Securitization Corp., Series 2001, RB                                                                                           | CUSIP: 773684AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1079114.76   | 0.04%             | 2043-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tallahassee (City of), FL                                                                                                                           | Tallahassee (City of), FL, Series 2018, RB                                                                                                             | CUSIP: 874461KM7<br>LEI: 549300MPY4HDPK8B1G15 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1080067.44   | 0.04%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The) (No. 7)                                                                                                        | Black Belt Energy Gas District (The) (No. 7), Series 2021, RB                                                                                          | CUSIP: 09182TAM9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  22905000 | PA      | $22885642.98  | 0.83%             | 2026-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Community Choice Financing Authority (Clean Energy)                                                                           | California (State of) Community Choice Financing Authority (Clean Energy), Series 2024, RB                                                             | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5512084.20   | 0.20%             | 2032-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                                                                            | Massachusetts Development Finance Agency, Series 2025, RB                                                                                              | CUSIP: 57585BKC1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2900264.40   | 0.11%             | 2031-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UAB Medicine Finance Authority                                                                                                                      | UAB Medicine Finance Authority, Series 2016 B, Ref. RB                                                                                                 | CUSIP: 902562AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3543446.90   | 0.13%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Dickson Hollow Phase II)                                                            | Wisconsin (State of) Health & Educational Facilities Authority (Dickson Hollow Phase II), Series 2024, RB                                              | CUSIP: 97712JJT1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $491001.45    | 0.02%             | 2039-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Industrial Development Agency (Yankee Stadium)                                                                               | New York (City of), NY Industrial Development Agency (Yankee Stadium), Series 2006, RB                                                                 | CUSIP: 64971PFC4<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5436181.85   | 0.20%             | 2027-03-01      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QSY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270011.02    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washoe (County of), NV (Sierra Pacific Power Corp.)                                                                                                 | Washoe (County of), NV (Sierra Pacific Power Corp.), Series 2016, Ref. RB                                                                              | CUSIP: 940797AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4003356.10   | 0.15%             | 2029-10-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Pinal County Electric District No. 3                                                                                                                | Pinal County Electric District No. 3, Series 2016, Ref. RB                                                                                             | CUSIP: 722021CF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012654.00   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Coxhealth)                                                                           | Missouri (State of) Health & Educational Facilities Authority (Coxhealth), Series 2015 A, Ref. RB                                                      | CUSIP: 60637AHV7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1807139.16   | 0.07%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Farmington (City of), NM (Southern California Edison)                                                                                               | Farmington (City of), NM (Southern California Edison), Series 2005 B, Ref. RB                                                                          | CUSIP: 311450FZ8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7207553.60   | 0.26%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp.                                                                                                               | Northern Tobacco Securitization Corp., Series 2021 B-1, Ref. RB                                                                                        | CUSIP: 66585VCA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1791057.23   | 0.07%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Hospital Finance Authority (West Virginia University Health System Obligated Group)                                        | West Virginia (State of) Hospital Finance Authority (West Virginia University Health System Obligated Group), Series 2023, RB                          | CUSIP: 956622V50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1172985.64   | 0.04%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Froedtert Thedacare Health Inc.)                                                    | Wisconsin (State of) Health & Educational Facilities Authority (Froedtert Thedacare Health Inc.), Series 2024, Ref. RB                                 | CUSIP: 97712JLP6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039912.10   | 0.04%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama (State of) Economic Settlement Authority                                                                                                    | Alabama (State of) Economic Settlement Authority, Series 2016 A, RB                                                                                    | CUSIP: 01026CAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2102830.72   | 0.08%             | 2033-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp.                                                                                             | District of Columbia Tobacco Settlement Financing Corp., Series 2001, RB                                                                               | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $309559.53    | 0.01%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| El Paso (City of), TX                                                                                                                               | El Paso (City of), TX, Series 2016, GO Bonds                                                                                                           | CUSIP: 283734C25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3072600.30   | 0.11%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                                                                                                 | County of Denton TX, Series 2025, GO Bonds                                                                                                             | CUSIP: 248776DD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078922.70   | 0.04%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                                                                                              | Lewisville Independent School District, Series 2025, GO Bonds                                                                                          | CUSIP: 52882PHE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1891274.35   | 0.07%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Boston MA                                                                                                                                   | City of Boston MA, Series 2025, GO Bonds                                                                                                               | CUSIP: 100853L73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3507420.16   | 0.13%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte (County of) & Kansas City (City of), KS Unified Government                                                                                | Wyandotte (County of) & Kansas City (City of), KS Unified Government, Series 2016 C, RB                                                                | CUSIP: 982674MH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2480930.03   | 0.09%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Social Bonds)                                                                                  | New Hampshire (State of) Business Finance Authority (Social Bonds), Series 2022-2A, RB                                                                 | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6630910 | PA      | $6241193.37   | 0.23%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (Kenyon College)                                                                             | Ohio (State of) Higher Educational Facility Commission (Kenyon College), Series 2017, RB                                                               | CUSIP: 67756DPC4<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   4605000 | PA      | $4633603.04   | 0.17%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canyon County School District No. 139 Vallivue                                                                                                      | Canyon County School District No. 139 Vallivue, Series 2015 A, GO Bonds                                                                                | CUSIP: 138824LJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $777637.71    | 0.03%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer