# EDGAR Filing Document

**Accession Number:** 0000895531
**File Stem:** 0001752724-23-017893
**Filing Date:** 2023-1
**Character Count:** 306869
**Document Hash:** 2e62c21a1bc39c65d967da8de142d56f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017893.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017893

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco California Value Municipal Income Trust
- **CENTRAL INDEX KEY:** 0000895531
- **IRS NUMBER:** 367017425
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07404
- **FILM NUMBER:** 23566855

**BUSINESS ADDRESS:**
- **STREET 1:** 1555 PEACHTREE STREET, N.E.
- **STREET 2:** SUITE 1800
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309
- **BUSINESS PHONE:** 404-439-3217

**MAIL ADDRESS:**
- **STREET 1:** 1555 PEACHTREE STREET, N.E.
- **STREET 2:** SUITE 1800
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Invesco Van Kampen California Value Municipal Income Trust
- **DATE OF NAME CHANGE:** 20100601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN KAMPEN CALIFORNIA VALUE MUNICIPAL INCOME TRUST
- **DATE OF NAME CHANGE:** 19981006

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNIC INC TRUST
- **DATE OF NAME CHANGE:** 19960102

## Nport-Ex

**Schedule of Investments** 

*November 30, 2022* 

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Municipal Obligations–166.30%<sup>(a)</sup>**  |  |  |  |  |
|  **California–161.40%** |  |  |  |  |
|  ABAG Finance Authority for Nonprofit Corps. (Sharp Healthcare); Series 2014 A, RB | 5.00% | 08/01/2043 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016078 |
|  Alameda (City of), CA Corridor Transportation Authority; Series 2022 C, RB<br>(INS - AGM)<sup>(b)(c)</sup>  | 5.45% | 10/01/2052 | 2000 | 949061 |
|  Alhambra Unified School District (Election of 2004); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 B, GO Bonds (INS - AGC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2035 | 1120 | 694222 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 B, GO Bonds (INS - AGC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2036 | 1805 | 1064480 |
|  Anaheim City School District (Election of 2002); Series 2007, GO Bonds (INS -<br>NATL)<sup>(c)(d)</sup> | 0.00% | 08/01/2024 | 4970 | 4737928 |
|  Bay Area Toll Authority (San Francisco Bay Area); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 F-1, RB<sup>(e)(f)(g)(h)</sup>  | 5.00% | 04/01/2027 | 6600 | 7268289 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 4.00% | 04/01/2049 | 1240 | 1227612 |
|  Bay Area Water Supply & Conservation Agency; Series 2013 A, RB<sup>(e)</sup>  | 5.00% | 10/01/2034 | 3500 | 3528551 |
|  Beverly Hills Unified School District (Election of 2008); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2026 | 1245 | 1116164 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2028 | 3000 | 2507289 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2031 | 2010 | 1496893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2032 | 430 | 306863 |
|  California (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. GO Bonds | 5.25% | 09/01/2030 | 5000 | 5100843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, GO Bonds<sup>(h)</sup>  | 5.00% | 09/01/2045 | 6600 | 6951711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 4.00% | 03/01/2046 | 2000 | 2012676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 4.00% | 03/01/2050 | 7000 | 7023717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds | 3.00% | 11/01/2040 | 1500 | 1283713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. GO Bonds | 5.00% | 11/01/2042 | 2630 | 2969926 |
|  California (State of) Community College Financing Authority (NCCD - Orange Coast Properties LLC - Orange Coast College); Series 2018, RB | 5.25% | 05/01/2048 | 1335 | 1309233 |
|  California (State of) Community Housing Agency (Annadel Apartments); Series 2019 A, RB<sup>(i)</sup>  | 5.00% | 04/01/2049 | 4145 | 3546006 |
|  California (State of) Community Housing Agency (Serenity at Larkspur); Series 2020 A, RB<sup>(i)</sup>  | 5.00% | 02/01/2050 | 1500 | 1316387 |
|  California (State of) Community Housing Agency (Verdant at Green Valley); Series 2019 A, RB<sup>(i)</sup>  | 5.00% | 08/01/2049 | 2640 | 2319310 |
|  California (State of) County Tobacco Securitization Agency (Merced County Tobacco Funding Corp.); Series 2020, Ref. RB | 5.00% | 06/01/2050 | 730 | 715041 |
|  California (State of) County Tobacco Securitization Agency (Sonoma County Securitization Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 4.00% | 06/01/2049 | 370 | 318916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 06/01/2049 | 1135 | 1135442 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(d)</sup>  | 0.00% | 06/01/2055 | 2950 | 561607 |
|  California (State of) Educational Facilities Authority (Art Center College of Design); Series 2018 A, Ref. RB | 5.00% | 12/01/2044 | 2500 | 2549277 |
|  California (State of) Educational Facilities Authority (Chapman University); Series 2015, RB | 5.00% | 04/01/2045 | 2180 | 2217260 |
|  California (State of) Educational Facilities Authority (Loma Linda University); Series 2017 A, Ref. RB | 5.00% | 04/01/2042 | 3285 | 3459753 |
|  California (State of) Educational Facilities Authority (Stanford University); Series 2010, RB<sup>(h)</sup>  | 5.25% | 04/01/2040 | 8940 | 10998815 |
|  California (State of) Educational Facilities Authority (University of Redlands); Series 2022 A, RB | 5.00% | 10/01/2052 | 1400 | 1416665 |
|  California (State of) Health Facilities Financing Authority (Cedars Sinai Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB<sup>(h)</sup>  | 4.00% | 08/15/2048 | 14610 | 13831302 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 08/15/2051 | 7950 | 8499129 |
|  California (State of) Health Facilities Financing Authority (Children's Hospital Los Angeles); Series 2017 A, Ref. RB | 5.00% | 08/15/2047 | 3285 | 3316499 |
|  California (State of) Health Facilities Financing Authority (Commonspirit Health); Series 2020 A, Ref. RB | 4.00% | 04/01/2049 | 8690 | 7836461 |
|  California (State of) Health Facilities Financing Authority (Lucile Salter Packard Children's Hospital at Stanford); Series 2017, RB | 4.00% | 11/15/2047 | 1090 | 1056757 |
|  California (State of) Health Facilities Financing Authority (On Lok Senior Health Services) (Social Bonds); Series 2020, Ref. RB | 5.00% | 08/01/2055 | 1130 | 1159177 |
|  California (State of) Health Facilities Financing Authority (St. Joseph Health System); Series 2013 A, RB<sup>(e)(f)</sup>  | 5.00% | 07/01/2023 | 5000 | 5071988 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  California (State of) Housing Finance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-1, RB | 4.25% | 01/15/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;3145 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3054754 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.00% | 03/20/2033 | 3500 | 3399538 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 3.25% | 08/20/2036 | 3940 | 3404811 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Revenue Ctfs. | 3.50% | 11/20/2035 | 1556 | 1404383 |
|  California (State of) Infrastructure & Economic Development Bank; Series 2003 A, RB<sup>(e)(f)</sup>  | 5.00% | 01/01/2028 | 1500 | 1662273 |
|  California (State of) Infrastructure & Economic Development Bank (Sustainability Bonds); Series 2021 B, RB | 4.00% | 05/01/2046 | 1210 | 1163564 |
|  California (State of) Municipal Finance Authority; Series 2020 A, RB | 4.00% | 09/01/2040 | 1450 | 1338489 |
|  California (State of) Municipal Finance Authority (Albert Einstein Academies); Series 2013, RB<sup>(e)(f)</sup>  | 6.75% | 08/01/2023 | 1555 | 1597915 |
|  California (State of) Municipal Finance Authority (American Heritage Education Foundation); Series 2016 A, Ref. RB | 5.00% | 06/01/2046 | 2250 | 2265194 |
|  California (State of) Municipal Finance Authority (Bella Mente Montessori Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(i)</sup>  | 5.00% | 06/01/2038 | 560 | 526598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(i)</sup>  | 5.00% | 06/01/2048 | 1340 | 1188438 |
|  California (State of) Municipal Finance Authority (Bold Program); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 4.00% | 09/01/2043 | 315 | 286629 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 4.00% | 09/01/2050 | 455 | 396659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 4.00% | 09/01/2046 | 1095 | 974745 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 C, RB | 4.00% | 09/01/2046 | 1300 | 1157232 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 C, RB | 4.00% | 09/01/2051 | 1800 | 1561598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB | 6.00% | 09/01/2052 | 840 | 862003 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB | 6.30% | 09/01/2052 | 335 | 349951 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 C, RB | 6.25% | 09/01/2052 | 1000 | 1012566 |
|  California (State of) Municipal Finance Authority (California Baptist University); Series 2016 A, RB<sup>(i)</sup>  | 5.00% | 11/01/2046 | 1200 | 1180867 |
|  California (State of) Municipal Finance Authority (Caritas Affordable Housing, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.25% | 08/15/2049 | 3700 | 3752599 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 B, RB | 5.88% | 08/15/2049 | 295 | 295277 |
|  California (State of) Municipal Finance Authority (Caritas); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 4.00% | 08/15/2042 | 2055 | 1952730 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, Ref. RB | 4.00% | 08/15/2056 | 995 | 828613 |
|  California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing); Series 2018, RB | 5.00% | 05/15/2043 | 3350 | 3341406 |
|  California (State of) Municipal Finance Authority (CHF-Riverside II, LLC - UCR North District Phase I Student Housing); Series 2019, RB (INS - BAM)<sup>(c)</sup>  | 5.00% | 05/15/2049 | 2840 | 2945607 |
|  California (State of) Municipal Finance Authority (Community Medical Centers); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 02/01/2042 | 375 | 384181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 02/01/2047 | 3620 | 3688049 |
|  California (State of) Municipal Finance Authority (Eisenhower Medical Centers); Series 2017 A, Ref. RB | 5.00% | 07/01/2047 | 1500 | 1517167 |
|  California (State of) Municipal Finance Authority (Humangood Obligation Group); Series 2019 A, Ref. RB | 5.00% | 10/01/2044 | 3305 | 3401013 |
|  California (State of) Municipal Finance Authority (Linxs APM); Series 2018 A, RB<sup>(j)</sup>  | 5.00% | 12/31/2043 | 3995 | 4040772 |
|  California (State of) Municipal Finance Authority (Mt. San Antonio Gardens); Series 2019, Ref. RB | 5.00% | 11/15/2049 | 1200 | 1150287 |
|  California (State of) Municipal Finance Authority (Palmdale Aerospace Academy (The)); Series 2018 A, RB<sup>(i)</sup>  | 5.00% | 07/01/2049 | 1200 | 1094820 |
|  California (State of) Municipal Finance Authority (Palomar Health); Series 2022 A, Ref. COP (INS - AGM)<sup>(c)</sup>  | 5.25% | 11/01/2052 | 2100 | 2218657 |
|  California (State of) Municipal Finance Authority (Samuel Merritt University); Series 2022, RB | 5.25% | 06/01/2053 | 4000 | 4284152 |
|  California (State of) Municipal Finance Authority (Santa Rosa Academy); Series 2022, Ref. RB | 5.00% | 07/01/2062 | 3810 | 3328430 |
|  California (State of) Municipal Finance Authority (Touro College and University System); Series 2014 A, RB<sup>(e)(f)</sup>  | 5.25% | 07/01/2024 | 1150 | 1196298 |
|  California (State of) Municipal Finance Authority (Town and Country Manor); Series 2019, Ref. RB (INS - Cal-Mortgage)<sup>(c)</sup>  | 5.00% | 07/01/2049 | 2035 | 2174672 |
|  California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB (INS - BAM)<sup>(c)</sup>  | 5.00% | 05/15/2023 | 400 | 403908 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB (INS - BAM)<sup>(c)</sup>  | 5.00% | 05/15/2025 | 500 | 521749 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB (INS - BAM)<sup>(c)</sup>  | 5.00% | 05/15/2052 | 2375 | 2459195 |
|  California (State of) Municipal Finance Authority (United Airlines, Inc.); Series 2019, RB<sup>(j)</sup>  | 4.00% | 07/15/2029 | 7120 | 6910653 |
|  California (State of) Municipal Finance Authority (University of La Verne); Series 2017 A, Ref. RB | 5.00% | 06/01/2043 | 1150 | 1189589 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  California (State of) Municipal Finance Authority (William Jessup University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(i)</sup>  | 5.00% | 08/01/2039 | $500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(i)</sup>  | 5.00% | 08/01/2048 | 2700 | 2390273 |
|  California (State of) Pollution Control Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB<sup>(i)(j)</sup>  | 5.00% | 07/01/2027 | 1995 | 1995927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB<sup>(i)(j)</sup>  | 5.00% | 07/01/2037 | 6000 | 5884147 |
|  California (State of) Public Finance Authority (California Crosspoint Academy); Series 2020 A, RB<sup>(i)</sup>  | 5.13% | 07/01/2055 | 2000 | 1613546 |
|  California (State of) Public Finance Authority (Enso Village) (Green Bonds); Series 2021, RB<sup>(i)</sup>  | 5.00% | 11/15/2056 | 1000 | 815180 |
|  California (State of) Public Finance Authority (Henry Mayo Newhall Hospital); Series 2017, Ref. RB | 5.00% | 10/15/2047 | 2750 | 2776956 |
|  California (State of) Public Works Board (Judicial Council of California); Series 2013 A, RB | 5.00% | 03/01/2038 | 5450 | 5478734 |
|  California (State of) Public Works Board (Various California State University); Series 2013 H, RB<sup>(e)(f)</sup>  | 5.00% | 09/01/2023 | 2000 | 2037861 |
|  California (State of) School Finance Authority (Alliance for College-Ready Public Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 6.30% | 07/01/2043 | 2000 | 2017871 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(i)</sup>  | 5.00% | 07/01/2045 | 2635 | 2650107 |
|  California (State of) School Finance Authority (Aspen Public Sschools Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(i)</sup>  | 6.13% | 07/01/2052 | 1455 | 1446055 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(i)</sup>  | 6.25% | 07/01/2062 | 1810 | 1791541 |
|  California (State of) School Finance Authority (Aspire Public School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB<sup>(i)</sup>  | 5.00% | 08/01/2045 | 600 | 600490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(e)(f)(i)</sup>  | 5.00% | 08/01/2025 | 130 | 137889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(i)</sup>  | 5.00% | 08/01/2046 | 1370 | 1370140 |
|  California (State of) School Finance Authority (Classical Academies Oceanside); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(i)</sup>  | 5.00% | 10/01/2050 | 1000 | 1000196 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB<sup>(i)</sup>  | 5.00% | 10/01/2061 | 2000 | 1957752 |
|  California (State of) School Finance Authority (Granada Hills Charter Obligated Group); Series 2019, RB<sup>(i)</sup>  | 5.00% | 07/01/2054 | 1900 | 1906372 |
|  California (State of) School Finance Authority (Green Dot Public Schools); Series 2018 A, RB<sup>(i)</sup>  | 5.00% | 08/01/2048 | 1750 | 1751077 |
|  California (State of) School Finance Authority (Hawking Steam Charter School); Series 2022, RB<sup>(i)</sup>  | 5.50% | 07/01/2062 | 775 | 725437 |
|  California (State of) School Finance Authority (KIPP LA); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(i)</sup>  | 5.00% | 07/01/2034 | 600 | 607531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(i)</sup>  | 5.13% | 07/01/2044 | 750 | 754205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB<sup>(i)</sup>  | 5.00% | 07/01/2045 | 1150 | 1154654 |
|  California (State of) School Finance Authority (KIPP SoCal Public Schools); Series 2019 A, RB<sup>(i)</sup>  | 5.00% | 07/01/2039 | 750 | 767589 |
|  California (State of) School Finance Authority (New Designs Charter School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.25% | 06/01/2032 | 3080 | 3081533 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.50% | 06/01/2042 | 450 | 450120 |
|  California (State of) Statewide Communities Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 09/02/2037 | 650 | 674048 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 09/02/2046 | 715 | 728313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 4.00% | 09/02/2050 | 185 | 157493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2040 | 175 | 159955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 360 | 310883 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 625 | 534663 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 585 | 503598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 09/02/2050 | 805 | 815533 |
|  California (State of) Statewide Communities Development Authority (Adventist Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 03/01/2033 | 1730 | 1795311 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 03/01/2045 | 5585 | 5668172 |
|  California (State of) Statewide Communities Development Authority (Alliance for College-Ready Public Schools - 47th and Main); Series 2012 A, RB | 6.38% | 07/01/2047 | 2060 | 2062479 |
|  California (State of) Statewide Communities Development Authority (California Baptist University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(i)</sup>  | 6.38% | 11/01/2043 | 4035 | 4098178 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB<sup>(i)</sup>  | 5.00% | 11/01/2041 | 1000 | 1004277 |
|  California (State of) Statewide Communities Development Authority (Community Facilities District No. 2016-02); Series 2020, RB | 4.00% | 09/01/2050 | 1035 | 892384 |
|  California (State of) Statewide Communities Development Authority (Community Facilities District No. 2020-02); Series 2022, RB | 5.13% | 09/01/2042 | 500 | 507465 |
|  California (State of) Statewide Communities Development Authority (Delta Coves); Series 2022, RB | 5.50% | 09/01/2052 | 2000 | 2030652 |
|  California (State of) Statewide Communities Development Authority (Emanate Health); Series 2020 A, RB | 4.00% | 04/01/2045 | 2000 | 1906147 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  California (State of) Statewide Communities Development Authority (Enloe Medical Center); Series 2022 A, RB (INS - AGM)<sup>(c)</sup>  | 5.38% | 08/15/2057 | $&nbsp;&nbsp;&nbsp;&nbsp;1680 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1774731 |
|  California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.); Series 2012, RB | 5.25% | 11/15/2034 | 1500 | 1500032 |
|  California (State of) Statewide Communities Development Authority (Front Porch Communities & Services); Series 2017, Ref. RB | 5.00% | 04/01/2047 | 4580 | 4720098 |
|  California (State of) Statewide Communities Development Authority (Henry Mayo Newhall Memorial Hospital); Series 2014 A, RB<sup>(e)(f)</sup>  | 5.25% | 10/01/2024 | 1500 | 1572161 |
|  California (State of) Statewide Communities Development Authority (Improvement Area No. 1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2041 | 200 | 181215 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2051 | 380 | 324438 |
|  California (State of) Statewide Communities Development Authority (John Muir Health); Series 2016 A, Ref. RB | 5.00% | 08/15/2051 | 1250 | 1279170 |
|  California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(i)</sup>  | 5.00% | 06/01/2046 | 2000 | 1841792 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(i)</sup>  | 5.00% | 06/01/2039 | 375 | 359149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(i)</sup>  | 5.00% | 06/01/2051 | 1145 | 1037192 |
|  California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center); Series 2014, RB | 5.50% | 12/01/2054 | 3500 | 3519308 |
|  California (State of) Statewide Communities Development Authority (Methodist Hospital of Southern California); Series 2018; RB | 5.00% | 01/01/2048 | 1005 | 1015461 |
|  California (State of) Statewide Communities Development Authority (NCCD-Hooper Street LLC-California College of the Arts); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(i)</sup>  | 5.25% | 07/01/2039 | 910 | 835304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(i)</sup>  | 5.25% | 07/01/2049 | 2500 | 2171976 |
|  California (State of) Statewide Communities Development Authority (University of California - Irvine East Campus Apartments, Phase IV-A - CHF-Irvine, LLC); Series 2017, RB | 5.00% | 05/15/2050 | 3500 | 3495288 |
|  California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program); Series 2006 A, RB<sup>(d)</sup>  | 0.00% | 06/01/2046 | 17000 | 4003447 |
|  California (State of) Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.); Series 2006 C, RB<sup>(d)</sup>  | 0.00% | 06/01/2055 | 22950 | 1963779 |
|  California (State of) Tobacco Securitization Agency (Los Angeles County Securitization Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 06/01/2040 | 600 | 552434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 06/01/2049 | 1000 | 861988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 06/01/2049 | 290 | 249961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B-1, Ref. RB | 5.00% | 06/01/2049 | 395 | 395146 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B-2, Ref. RB<sup>(d)</sup>  | 0.00% | 06/01/2055 | 10000 | 1822083 |
|  California (State of) Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.); Series 2006 A, RB<sup>(d)</sup>  | 0.00% | 06/01/2046 | 10000 | 2414660 |
|  California State University; Series 2017 A, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 11/01/2047 | 10000 | 10492096 |
|  Calimesa (City of), CA Community Facilities District No. 2018-1 (Summerwind Trails); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 260 | 233726 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 250 | 217944 |
|  Cerritos Community College District (Election of 2012); Series 2018 B, GO Bonds | 4.00% | 08/01/2043 | 3665 | 3690779 |
|  Chino (City of), CA Community Facilities District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2040 | 75 | 68891 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2051 | 295 | 251065 |
|  Chino (City of), CA Community Facilities District (Improvement Area No. 8); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2046 | 1000 | 874710 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2051 | 1250 | 1063835 |
|  Chula Vista (City of), CA Community Facilities District; Series 2021, RB | 4.00% | 09/01/2051 | 300 | 256954 |
|  Clovis Unified School District (Election of 2004); Series 2004 A, GO Bonds (INS - NATL)<sup>(c)(d)</sup>  | 0.00% | 08/01/2029 | 625 | 498024 |
|  Compton (City of), CA; Series 2009, RB | 6.00% | 08/01/2039 | 1750 | 1750346 |
|  Corona Community Facilities District (Bedford Improvement Area No. 1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2040 | 115 | 104079 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 190 | 166809 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 420 | 360641 |
|  Corona-Norco Unified School District (Community Facilities District No. 17-1); Series 2020, RB | 4.00% | 09/01/2050 | 150 | 128800 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  Corona-Norco Unified School District (Community Facilities District No. 98-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB<sup>(e)(f)</sup>  | 5.00% | 09/01/2023 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB<sup>(e)(f)</sup>  | 5.00% | 09/01/2023 | 1000 | 1018931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB<sup>(e)(f)</sup>  | 5.00% | 09/01/2023 | 1720 | 1752560 |
|  Daly (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition); Series 2007 C, Ref. RB | 6.50% | 12/15/2047 | 1725 | 1703945 |
|  Dry Creek Joint Elementary School District (Election of 2008-Measure E); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2039 | 4420 | 2170923 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2048 | 2860 | 884380 |
|  Eastern Municipal Water District (Community Facilities District No. 2012-61); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2027 | 95 | 95773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2028 | 95 | 95606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 350 | 302724 |
|  Eastern Municipal Water District (Community Facilities District No. 2016-75); Series 2021, RB | 4.00% | 09/01/2050 | 155 | 134064 |
|  El Segundo Unified School District (Election of 2008); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 A, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2031 | 2735 | 2024711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 A, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2033 | 615 | 417671 |
|  Elsinore Valley Municipal Water District; Series 2021 A, RB<sup>(i)</sup>  | 4.50% | 09/01/2051 | 990 | 840256 |
|  Escondido Union School District (Election of 2014); Series 2018 B, GO Bonds | 4.00% | 08/01/2047 | 3310 | 3272665 |
|  Etiwanda School District (Election of 2016); Series 2020 A, GO Bonds | 4.00% | 08/01/2049 | 3000 | 2910428 |
|  Etiwanda School District Community Facilities District No. 2018-1 (Day Creek Square Public Facilities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 215 | 183699 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 295 | 245225 |
|  Folsom Ranch Financing Authority; Series 2022, RB | 5.00% | 09/01/2052 | 2860 | 2865142 |
|  Fontana (City of), CA (The Meadows); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 220 | 197768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 265 | 231021 |
|  Fontana (City of), CA Community Facilities District No. 22 (Sierra Hills South); Series 2014, Ref. RB | 5.00% | 09/01/2034 | 1000 | 1014506 |
|  Fontana (City of), CA Community Facilities District No. 89 (Belrose); Series 2020, RB | 4.00% | 09/01/2045 | 1000 | 886175 |
|  Foothill-Eastern Transportation Corridor Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1995 A, RB<sup>(d)(e)</sup>  | 0.00% | 01/01/2027 | 2950 | 2627794 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 01/15/2035 | 6245 | 3858203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 01/15/2046 | 1000 | 920731 |
|  Fremont Community Facilities District No. 1 (Pacific Commons); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 09/01/2035 | 1880 | 1928400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 09/01/2045 | 2095 | 2120582 |
|  Garden Grove (City of), CA Agency for Community Development; Series 2008, RN | 6.00% | 10/01/2027 | 760 | 760627 |
|  Gilroy Unified School District (Election of 2008); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 A, GO Bonds<sup>(d)(e)</sup>  | 0.00% | 08/01/2029 | 85 | 70220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 A, GO Bonds (INS - AGC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2029 | 665 | 530940 |
|  Glendale Community College District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, GO Bonds<sup>(d)</sup>  | 0.00% | 02/01/2045 | 1285 | 461944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, GO Bonds | 4.00% | 08/01/2050 | 10000 | 9882383 |
|  Golden State Tobacco Securitization Corp.; Series 2021 B-2, Ref. RB<sup>(d)</sup>  | 0.00% | 06/01/2066 | 14000 | 1507275 |
|  Grossmont Union High School District (Election of 2004); Series 2006, GO Bonds (INS - NATL)<sup>(c)(d)</sup>  | 0.00% | 08/01/2024 | 3000 | 2863672 |
|  Independent Cities Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB (INS - AGM)<sup>(c)(i)</sup>  | 4.00% | 06/01/2046 | 1825 | 1735439 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB (INS - AGM)<sup>(c)(i)</sup>  | 4.00% | 06/01/2051 | 1250 | 1164787 |
|  Inland Empire Tobacco Securitization Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 C-1, RB<sup>(d)</sup>  | 0.00% | 06/01/2036 | 15000 | 6224107 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 C-2, RB<sup>(d)</sup>  | 0.00% | 06/01/2047 | 35000 | 6883653 |
|  Irvine (City of), CA (Reassessment District No. 12-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 09/02/2024 | 1145 | 1151535 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 09/02/2025 | 500 | 502817 |
|  Irvine (City of), CA (Reassessment District No. 13-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 09/02/2025 | 355 | 360988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 09/02/2026 | 400 | 406599 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 09/02/2027 | 325 | 330281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 09/02/2028 | 350 | 355597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 09/02/2029 | 705 | 716199 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  Irvine (City of), CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.00% | 09/01/2044 | $&nbsp;&nbsp;&nbsp;&nbsp;1055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063874 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.00% | 09/01/2049 | 1055 | 1061926 |
|  Irvine Ranch Water District; Series 2016, RB<sup>(g)(h)</sup>  | 5.25% | 02/01/2046 | 8175 | 8686282 |
|  Irvine Unified School District (Community Facilities District No. 01-1); Series 2015, Ref. RB (INS - BAM)<sup>(c)</sup>  | 5.00% | 09/01/2038 | 1500 | 1560662 |
|  Irvine Unified School District (Community Facilities District No. 09-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, RB | 5.00% | 09/01/2047 | 500 | 508444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 09/01/2049 | 1575 | 1599444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB (INS - BAM)<sup>(c)</sup>  | 4.00% | 09/01/2054 | 1000 | 955562 |
|  Jefferson Union High School District (Teacher and Staff Housing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, COP (INS - BAM)<sup>(c)</sup>  | 4.00% | 08/01/2045 | 2300 | 2242576 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, COP (INS - BAM)<sup>(c)</sup>  | 4.00% | 08/01/2055 | 2280 | 2177331 |
|  Jurupa Community Services District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 4.00% | 09/01/2043 | 300 | 269295 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 4.00% | 09/01/2050 | 525 | 451237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 4.00% | 09/01/2045 | 290 | 255166 |
|  La Quinta (City of), CA Successor Agency to the Redevelopment Agency (Areas No. 1 and 2); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB<sup>(e)(f)</sup>  | 5.00% | 09/01/2023 | 1000 | 1018931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB<sup>(e)(f)</sup>  | 5.00% | 09/01/2023 | 4000 | 4075722 |
|  Lake Elsinore Unified School District Community Facilities District; Series 2021, RB | 4.00% | 09/01/2050 | 300 | 255396 |
|  Lake Elsinore Unified School District Community Facilities District No. 2006-2 (Improvement Area No. C); Series 2020, RB | 4.00% | 09/01/2050 | 1680 | 1432676 |
|  Lake Elsniore (City of), CA Community Facilities District No. 2006-1; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2046 | 110 | 95269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2051 | 120 | 101334 |
|  Lammersville Joint Unified School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 135 | 118141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2049 | 320 | 273686 |
|  Lincoln (City of), CA Community Facilities District No. 2006-1 (Improvement Area No. 1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 09/01/2036 | 235 | 223113 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 09/01/2040 | 150 | 137443 |
|  Long Beach (City of), CA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 05/15/2026 | 1000 | 1032630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 05/15/2045 | 4185 | 4235929 |
|  Long Beach (City of), CA (Long Beach Towne Center); Series 2008, RB | 5.75% | 10/01/2025 | 2000 | 2016749 |
|  Long Beach (City of), CA Bond Finance Authority; Series 2007 A, RB | 5.50% | 11/15/2037 | 1480 | 1646167 |
|  Long Beach Unified School District; Series 2012, GO Bonds<sup>(h)</sup>  | 5.00% | 08/01/2031 | 11625 | 11647854 |
|  Los Alamitos Unified School District; Series 2013, GO Bonds<sup>(b)</sup>  | 6.01% | 08/01/2040 | 3340 | 3147097 |
|  Los Angeles (City of), CA Community Facilities District No. 11 (Ponte Vista); Series 2021, RB | 4.00% | 09/01/2046 | 1650 | 1443100 |
|  Los Angeles (City of), CA Community Facilities District No. 4 (Playa Vista - Phase 1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 09/01/2029 | 985 | 1026835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 09/01/2030 | 985 | 1027342 |
|  Los Angeles (City of), CA Department of Airports; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(j)</sup>  | 5.00% | 05/15/2047 | 2000 | 2040038 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(j)</sup>  | 4.00% | 05/15/2049 | 2000 | 1817318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(j)</sup>  | 4.00% | 05/15/2042 | 3225 | 3069970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(h)(j)</sup>  | 5.25% | 05/15/2047 | 8000 | 8530077 |
|  Los Angeles (City of), CA Department of Airports (Los Angeles International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(j)</sup>  | 5.00% | 05/15/2037 | 1500 | 1555476 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(j)</sup>  | 5.00% | 05/15/2042 | 1000 | 1026065 |
|  Los Angeles (County of), CA Community Facilities District No. 2021-01 (Valencia Facilities); Series 2022, RB | 5.00% | 09/01/2052 | 1000 | 1003331 |
|  Los Angeles (County of), CA Public Works Financing Authority (Green Bonds); Series 2021 F, RB | 4.00% | 12/01/2046 | 15880 | 15337562 |
|  Los Angeles County Facilities, Inc.; Series 2022, RB<sup>(h)</sup>  | 4.00% | 12/01/2048 | 25000 | 24539693 |
|  Los Angeles County Schools Regionalized Business Services Corp. (Los Angeles County Schools Pooled Financing Program); Series 1999 A, COP (INS - AMBAC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2026 | 1200 | 1049400 |
|  Madera (County of), CA Community Facilities District No. 2017-1 (Tesoro Viejo); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 850 | 746249 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2051 | 1470 | 1245644 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  Manhattan Beach Unified School District (Measure C); Series 2020 B, GO Bonds | 4.00% | 09/01/2045 | $&nbsp;&nbsp;&nbsp;&nbsp;4485 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4471741 |
|  Marin (County of), CA Water District Financing Authority; Series 2017, RB<sup>(h)</sup>  | 5.00% | 07/01/2047 | 6035 | 6415343 |
|  Marina (City of), CA Redevelopment Agency Successor Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 4.00% | 09/01/2040 | 300 | 271904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 4.00% | 09/01/2040 | 300 | 269942 |
|  Martinez Unified School District; Series 2021, GO Bonds (INS - AGM)<sup>(c)</sup>  | 4.00% | 08/01/2051 | 8605 | 8242310 |
|  Menifee Union School District (Community Facilities District No. 2006-2); Series 2020, Ref. RB | 4.00% | 09/01/2045 | 295 | 259565 |
|  Menifee Union School District (Community Facilities District No. 2014-3); Series 2019, RB | 5.00% | 09/01/2049 | 1600 | 1608030 |
|  Menifee Union School District (Community Facilities District No. 2018-2); Series 2019, RB | 5.00% | 09/01/2049 | 1035 | 1039605 |
|  Menifee Union School District (Election of 2008); Series 2009 C, GO Bonds (INS - AGC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2034 | 850 | 539358 |
|  Modesto (City of), CA (Community Center Refinancing); Series 1993 A, COP (INS - AMBAC)<sup>(c)</sup>  | 5.00% | 11/01/2023 | 660 | 662310 |
|  Moorpark Unified School District (Election of 2008); Series 2009 A, GO Bonds (INS - AGC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2031 | 2000 | 1455605 |
|  Moreland School District (Crossover Series 14); Series 2006 C, Ref. GO Bonds (INS - AMBAC)<sup>(c)(d)</sup>  | 0.00% | 08/01/2029 | 1250 | 1012505 |
|  Moreno Valley Unified School District (Community Facilities District No. 2015-2); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 09/01/2044 | 435 | 445879 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 09/01/2048 | 485 | 495010 |
|  Mountain House Public Financing Authority (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB (INS - BAM)<sup>(c)</sup>  | 4.00% | 12/01/2045 | 205 | 196625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB (INS - BAM)<sup>(c)</sup>  | 4.00% | 12/01/2050 | 970 | 912988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB (INS - BAM)<sup>(c)</sup>  | 4.00% | 12/01/2055 | 6000 | 5597918 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB (INS - BAM)<sup>(c)</sup>  | 4.00% | 12/01/2040 | 3560 | 3470427 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB (INS - BAM)<sup>(c)</sup>  | 4.00% | 12/01/2043 | 1165 | 1124130 |
|  M-S-R Energy Authority; Series 2009 B, RB | 6.13% | 11/01/2029 | 895 | 991950 |
|  Mt. San Antonio Community College District (Election of 2008); Series 2013 A, GO Bonds<sup>(b)</sup>  | 6.25% | 08/01/2043 | 4000 | 3609916 |
|  Murrieta Valley Unified School District (Election of 2006); Series 2008, GO Bonds (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 09/01/2031 | 6670 | 4909271 |
|  North Orange (County of), CA Community College District; Series 2022 C, GO<br>Bonds<sup>(g)(h)</sup>  | 4.00% | 08/01/2047 | 10000 | 9940137 |
|  Norwalk-La Mirada Unified School District; Series 2005 B, GO Bonds (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 08/01/2029 | 6000 | 4787295 |
|  Oak Grove School District (Election of 2008); Series 2009 A, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2028 | 670 | 557159 |
|  Oceanside (City of), CA Public Financing Authority (El Corazon Aquatics Center); Series 2019, RB | 4.00% | 11/01/2044 | 5155 | 5016581 |
|  Ontario (City of), CA; Series 2021, RB | 4.00% | 09/01/2045 | 300 | 265095 |
|  Ontario (City of), CA Community Facilities District No. 45; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2043 | 120 | 107185 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2051 | 460 | 389793 |
|  Orange (County of), CA Community Facilities District (Village of Esencia); Series 2020, RB | 4.00% | 08/15/2045 | 355 | 306700 |
|  Orange (County of), CA Community Facilities District No. 2004-1 (Ladera Ranch); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2033 | 1000 | 1011579 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2034 | 1000 | 1011556 |
|  Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 08/15/2035 | 270 | 276727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.25% | 08/15/2045 | 3555 | 3617402 |
|  Orange (County of), CA Community Facilities District No. 2016-1 (Esencia Village); Series 2016 A, RB | 5.00% | 08/15/2046 | 3000 | 3032293 |
|  Orange (County of), CA Community Facilities District No. 2021-1 (Ladera Ranch); Series 2022 A, RB | 5.00% | 08/15/2052 | 2200 | 2229309 |
|  Palm Desert (City of), CA (University Park); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 09/01/2041 | 450 | 412976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 09/01/2051 | 650 | 563910 |
|  Palomar Community College District; Series 2010, GO Bonds<sup>(b)</sup>  | 6.38% | 08/01/2045 | 6670 | 5907047 |
|  Palomar Health; Series 2017, COP | 4.00% | 11/01/2047 | 1240 | 1074236 |
|  Placer (County of), CA Community Facilities District; Series 2021, RB | 3.00% | 09/01/2041 | 1920 | 1360198 |
|  Planada Elementary School District (Election of 2008); Series 2009 B, GO Bonds (INS - AGC)<sup>(c)(d)</sup>  | 0.00% | 07/01/2049 | 8440 | 2256361 |
|  Poway Unified School District (Del Sur East II); Series 2020, RB (INS - AGM)<sup>(c)</sup>  | 4.00% | 09/01/2050 | 2500 | 2408581 |
|  Rancho Cordova (City of), CA; Series 2022, RB | 5.00% | 09/01/2051 | 1200 | 1214368 |
|  Redlands Unified School District (Community Facilities District No. 2006-1); Series 2020, RB | 4.00% | 09/01/2050 | 400 | 352040 |
|  Regents of the University of California; Series 2013 AI, RB<sup>(h)</sup>  | 5.00% | 05/15/2038 | 6000 | 6047512 |
|  Regents of the University of California Medical Center; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 L, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 05/15/2047 | 10000 | 10319876 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-XF1340, RB<sup>(g)(h)</sup>  | 4.00% | 05/15/2053 | 20000 | 18871164 |
|  River Islands Public Financing Authority; Series 2022 A-1, Ref. RB (INS - AGM)<sup>(c)</sup>  | 5.25% | 09/01/2052 | 1400 | 1506572 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  Riverside (County of), CA Community Facilities District No. 07-2 (Clinton Keith); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 09/01/2040 | $&nbsp;&nbsp;&nbsp;&nbsp;2760 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2801497 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 09/01/2044 | 1500 | 1518305 |
|  Riverside (County of), CA Transportation Commission; Series 2021 B-1, Ref. RB | 4.00% | 06/01/2046 | 2705 | 2503435 |
|  Riverside Unified School District (Community Facilities District No. 32); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 125 | 110456 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 265 | 227053 |
|  Riverside Unified School District (Community Facilities District No. 33); Series 2021, RB | 4.00% | 09/01/2045 | 425 | 373125 |
|  Romoland School District Community Facilities No. 2004-1; Series 2015, Ref. RB | 5.00% | 09/01/2038 | 1660 | 1690546 |
|  Root Creek Water District Community Facilities District No. 2016-1 Improvement Area No. 1; Series 2021, RB | 4.00% | 09/01/2050 | 570 | 490685 |
|  Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 450 | 397076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 1000 | 859499 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 09/01/2050 | 1520 | 1549739 |
|  Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No. 1 - Public Facilities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 150 | 135035 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 200 | 174356 |
|  Sacramento (City of), CA (Convention Center Complex); Series 2018 A, RB | 5.00% | 06/01/2048 | 3000 | 3133785 |
|  Sacramento (County of), CA; Series 2018 C, Ref. RB<sup>(j)</sup>  | 5.00% | 07/01/2039 | 3315 | 3423538 |
|  Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2040 | 185 | 167431 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2045 | 380 | 334694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 225 | 191547 |
|  San Diego (City of), CA Redevelopment Agency (Centre City Redevelopment); Series 1999 A, RB | 6.40% | 09/01/2025 | 1185 | 1188836 |
|  San Diego (County of), CA Regional Airport Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 07/01/2049 | 2740 | 2839226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, Ref. RB<sup>(j)</sup>  | 4.00% | 07/01/2044 | 1000 | 900666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB<sup>(j)</sup>  | 4.00% | 07/01/2056 | 2000 | 1729764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB<sup>(j)</sup>  | 5.00% | 07/01/2056 | 2000 | 2029822 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-XX1215, RB<sup>(h)(j)</sup>  | 5.00% | 07/01/2051 | 10000 | 10209803 |
|  San Diego (County of), CA Regional Transportation Commission; Series 2014 A,<br>RB<sup>(e)(f)(h)</sup>  | 5.00% | 04/01/2024 | 7020 | 7250743 |
|  San Francisco (City & County of), CA Airport Commission (San Francisco International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Second Series 2022 B, Ref. RB | 4.00% | 05/01/2052 | 10000 | 9272517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(j)</sup>  | 5.00% | 05/01/2044 | 2515 | 2581481 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(j)</sup>  | 5.00% | 05/01/2049 | 1000 | 1019713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 E, RB<sup>(h)(j)</sup>  | 5.00% | 05/01/2050 | 10000 | 10189171 |
|  San Francisco (City & County of), CA Community Facilities District No. 2016-1; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2042 | 225 | 204077 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2050 | 425 | 366438 |
|  San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Hunters Point Shipyard Phase One Improvements); Series 2014, Ref. RB | 5.00% | 08/01/2044 | 1580 | 1592435 |
|  San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/01/2026 | 220 | 227684 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/01/2028 | 370 | 382806 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/01/2029 | 450 | 465469 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/01/2032 | 785 | 811795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/01/2033 | 375 | 387802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/01/2043 | 1000 | 1031808 |
|  San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency Community Facilities District No. 6 (Mission Bay South Public Improvements); Series 2013 A, Ref. RB | 5.00% | 08/01/2033 | 1635 | 1636429 |
|  San Francisco Bay Area Rapid Transit District; Series 2022-XF1331, GO Bonds<sup>(h)</sup>  | 4.25% | 08/01/2052 | 10000 | 10093732 |
|  San Joaquin Hills Transportation Corridor Agency; Series 2021 A, Ref. RB | 4.00% | 01/15/2044 | 3227 | 3000101 |
|  San Jose (City of), CA; Series 2017 A, Ref. RB<sup>(j)</sup>  | 5.00% | 03/01/2047 | 6995 | 7074906 |
|  San Jose Evergreen Community College District (Election of 2004); Series 2008 B, GO Bonds (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 09/01/2032 | 1000 | 711341 |
|  San Luis Obispo (County of), CA Financing Authority (Lopez Dam Improvement); Series 2011 A, Ref. RB (INS - AGM)<sup>(c)</sup>  | 5.00% | 08/01/2030 | 2500 | 2505120 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  San Marcos Unified School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2044 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2051 | 1000 | 847377 |
|  San Mateo & Foster (Cities of), CA Public Financing Authority (Clean Water Program); Series 2019, RB | 5.00% | 08/01/2049 | 3330 | 3593562 |
|  San Pablo (County of), CA Joint Powers Financing Authority; Series 2022, Ref. RB (INS - AGM)<sup>(c)</sup>  | 4.00% | 11/01/2052 | 10135 | 9783012 |
|  Sanger Unified School District; Series 1999, Ref. GO Bonds (INS - NATL)<sup>(c)</sup>  | 5.60% | 08/01/2023 | 55 | 55360 |
|  Santa Ana Unified School District (Financing Project); Series 1999, COP (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 04/01/2036 | 1000 | 571425 |
|  Santa Clarita Community College District; Series 2019, GO Bonds | 3.00% | 08/01/2044 | 2370 | 1928337 |
|  Santa Margarita Water District (Community Facilities District No. 2013-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.63% | 09/01/2036 | 1915 | 1936751 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.63% | 09/01/2043 | 2880 | 2904318 |
|  Silicon Valley Tobacco Securitization Authority (Santa Clara); Series 2007 A, RB<sup>(d)</sup>  | 0.00% | 06/01/2036 | 8000 | 3784512 |
|  Simi Valley Unified School District (Election of 2004); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 C, GO Bonds (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 08/01/2028 | 1520 | 1266118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 C, GO Bonds (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 08/01/2029 | 5000 | 4007754 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 C, GO Bonds (INS - AGM)<sup>(c)(d)</sup>  | 0.00% | 08/01/2030 | 1210 | 931806 |
|  South Orange (County of), CA Public Financing Authority (Ladera Ranch); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2028 | 750 | 758541 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2029 | 900 | 910202 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2030 | 1000 | 1011285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2032 | 1680 | 1697919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 08/15/2033 | 1000 | 1010242 |
|  South San Francisco (City of), CA; Series 2022, RB | 4.00% | 09/01/2044 | 1000 | 887216 |
|  State of California Department of Water Res. (Central Valley Project); Series 2012 AN, RB | 5.00% | 12/01/2032 | 1600 | 1600000 |
|  Stockton (City of), CA Community Facilities District (Westlake Villages II); Series 2022, RB | 5.13% | 09/01/2052 | 700 | 692510 |
|  Tejon Ranch Public Facilities Finance Authority (Community Facilities District No. 2008-1 - Tejon Industrial Complex Public Improvements); Series 2012 B, RB | 5.25% | 09/01/2042 | 1500 | 1502832 |
|  Temescal Valley Water District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2046 | 500 | 438020 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2051 | 930 | 793550 |
|  Three Rivers Levee Improvement Authority (Community Facilities District No. 2006-1); Series 2021, Ref. RB | 4.00% | 09/01/2051 | 2500 | 2144706 |
|  Torrance Unified School District (Election of 2008-Measure Z); Series 2009, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2034 | 1400 | 866695 |
|  Tracy (City of), CA Community Facilities District; Series 2022, RB | 5.00% | 09/01/2052 | 1645 | 1666991 |
|  Transbay Joint Powers Authority (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 5.00% | 10/01/2045 | 5000 | 5157601 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 5.00% | 10/01/2049 | 3090 | 3142818 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 5.00% | 10/01/2034 | 300 | 318173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 5.00% | 10/01/2038 | 300 | 312486 |
|  University of California; Series 2022-XF2989, RB<sup>(h)</sup>  | 4.00% | 05/15/2047 | 7600 | 7566529 |
|  University of California (Limited); Series 2018 O, Ref. RB<sup>(h)</sup>  | 5.00% | 05/15/2058 | 10000 | 10572932 |
|  West Contra Costa Unified School District; Series 2005, GO Bonds (INS - NATL)<sup>(c)(d)</sup>  | 0.00% | 08/01/2025 | 5000 | 4621728 |
|  West Patterson Financing Authority (Community Facilities District No. 2018-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2041 | 375 | 337298 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2046 | 550 | 480247 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 09/01/2051 | 765 | 648243 |
|  West Sacramento (City of), CA (Port Towne Infrasctructure); Series 2019, RB | 5.00% | 09/01/2049 | 1000 | 1022885 |
|  William S. Hart Union High School District (Election of 2008); Series 2009 A, GO Bonds<sup>(d)</sup>  | 0.00% | 08/01/2032 | 9370 | 6776289 |
|  Woodland (City of), CA Community Facilities District 2004-1; Series 2019, RB | 5.00% | 09/01/2048 | 1620 | 1653434 |
|  |  |  |  | 848990599 |
|  **Puerto Rico–2.29%** |  |  |  |  |
|  Children's Trust Fund; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.50% | 05/15/2039 | 1860 | 1855356 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.63% | 05/15/2043 | 300 | 300081 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 A, RB<sup>(d)</sup>  | 0.00% | 05/15/2050 | 4325 | 749535 |
|  Puerto Rico (Commonwealth of) Electric Power Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 VV, Ref. RB (Acquired 07/19/2018; Cost $1,203,313) (INS - NATL)<sup>(c)(k)</sup>  | 5.25% | 07/01/2030 | 1150 | 1154077 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 VV, Ref. RB (Acquired 04/24/2020; Cost $2,014,916) (INS - NATL)<sup>(c)(k)</sup>  | 5.25% | 07/01/2033 | 2000 | 1993488 |

---

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

**Invesco California Value Municipal Income Trust**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Puerto Rico–(continued)** |  |  |  |  |
|  Puerto Rico Sales Tax Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(d)</sup>  | 0.00% | 07/01/2031 | $1500 | $974174 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(d)</sup>  | 0.00% | 07/01/2046 | 10000 | 2520251 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(d)</sup>  | 0.00% | 07/01/2051 | 13280 | 2498794 |
|  |  |  |  | 12045756 |
|  **Guam–1.93%** |  |  |  |  |
|  Guam (Territory of) International Airport Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 C, RB<sup>(e)(f)(j)</sup>  | 6.38% | 10/01/2023 | 1560 | 1601606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 C, RB<sup>(e)(j)</sup>  | 6.38% | 10/01/2043 | 1440 | 1478405 |
|  Guam (Territory of) Port Authority; Series 2018 A, RB | 5.00% | 07/01/2048 | 3675 | 3714765 |
|  Guam (Territory of) Waterworks Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 07/01/2035 | 1800 | 1816069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 5.00% | 01/01/2050 | 1540 | 1547198 |
|  |  |  |  | 10158043 |
|  **Virgin Islands–0.68%** |  |  |  |  |
|  Virgin Islands (Government of) Port Authority; Series 2014 B, Ref. RB | 5.00% | 09/01/2044 | 1720 | 1519457 |
|  Virgin Islands (Government of) Public Finance Authority (Garvee); Series 2015, RB<sup>(i)</sup>  | 5.00% | 09/01/2030 | 2000 | 2035839 |
|  |  |  |  | 3555296 |
|  TOTAL INVESTMENTS IN SECURITIES<sup>(l)</sup>–166.30% (Cost $895,682,166) |  |  |  | 874749694 |
|  FLOATING RATE NOTE OBLIGATIONS–(27.29)% |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Notes with interest and fee rates ranging from 2.44% to 2.62% at 11/30/2022 and contractual maturities of collateral ranging from 08/01/2031 to 04/01/2056<sup>(m)</sup>  |  |  |  | (143570000) |
|  VARIABLE RATE MUNI TERM PREFERRED SHARES–(39.59)% |  |  |  | (208255902) |
|  OTHER ASSETS LESS LIABILITIES–0.58% |  |  |  | 3081955 |
|  NET ASSETS APPLICABLE TO COMMON SHARES–100.00% |  |  |  | $526005747 |

---

---

| | |
|:---|:---|
| Investment Abbreviations: | Investment Abbreviations: |
| AGC | – Assured Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – American Municipal Bond Assurance Corp. |
| BAM | – Build America Mutual Assurance Co. |
| COP | – Certificates of Participation |
| Ctfs. | – Certificates |
| GO | – General Obligation |
| INS | – Insurer |
| NATL | – National Public Finance Guarantee Corp. |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| RN | – Revenue Notes |

---

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

**Invesco California Value Municipal Income Trust**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Calculated as a percentage of net assets. Amounts in excess of 100% are due to the Trust's use of leverage. 

<sup>(b)</sup> Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date. <sup></sup>

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

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

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

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

<sup>(g)</sup> Security is subject to a reimbursement agreement which may require the Trust to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the TOB Trusts. In case of a shortfall, the maximum potential amount of payments the Trust could ultimately be required to make under the agreement is $46,515,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts. 

<sup>(h)</sup> Underlying security related to TOB Trusts entered into by the Trust.

<sup>(i)</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 November 30, 2022 was $60,086,518, which represented 11.42% of the Trust's Net Assets. 

<sup>(j)</sup> Security subject to the alternative minimum tax.

<sup>(k)</sup> Restricted security. The aggregate value of these securities at November 30, 2022 was $3,147,565, which represented less than 1% of the Trust's Net Assets. 

<sup>(l)</sup> This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuer's obligations but may be called upon to satisfy the issuer's obligations. 

---

| | |
|:---|:---|
| **Entity** | **Percent** |
|  Assured Guaranty Municipal Corp. | 6.10% |

---

<sup>(m)</sup> Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2022. At November 30, 2022, the Trust's investments with a value of $210,423,061 are held by TOB Trusts and serve as collateral for the $143,570,000 in the floating rate note obligations outstanding at that date. 

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 California Value Municipal Income Trust**

------

**Notes to Quarterly Schedule of Portfolio Holdings** 

*November 30, 2022* 

*(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. |
| 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. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of November 30, 2022, all of the securities in this Trust 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 California Value Municipal Income Trust**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco California Value Municipal Income Trust

- **b. Investment Company Act file number:** 811-07404

- **c. CIK number of Registrant:** 0000895531

- **d. LEI of Registrant:** 0O4FOPVOK8KA2I2US555

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

  - **Street Address 1:** 1555 Peachtree St.

  - **City:** Atlanta

  - **State:** GA

  - **Foreign country:** US

  - **Zip / Postal Code:** 30309

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

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

- **a. Name of Series:** Invesco California Value Municipal Income Trust

- **c. LEI of Series:** 0O4FOPVOK8KA2I2US555

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $883910870.06

**Total Liabilities:** $357905122.92

**Net Assets:** $526005747.14

**Delayed Delivery Securities:** $5202940.00

**Cash Not Reported:** $282705.32

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1579.47688450 | **1-Year:** -15411.31294880 | **5-Year:** -69038.00848287 | **10-Year:** -192786.42193918 | **30-Year:** -96422.95858530

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

- **3-Month:** -738.34889582 | **1-Year:** -6370.26858985 | **5-Year:** -26325.05846525 | **10-Year:** -60297.67394490 | **30-Year:** -35796.42321291

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -7.78%               | -2.49%               | 11.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2927699.70             | $-32182116.50                              |
| Month 2  | $-5319125.82             | $-9097855.05                               |
| Month 3  | $-5553620.96             | $58022335.90                               |

**Designated Index Information**

- **Index Name:** S&P Muni Bond California 5+ Yr Investment Grade 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3)                                                               | Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3), Series 2020, RB                                               | CUSIP: 794895CD2<br>LEI: 549300MQT95KWXC3XG68 | Long             | DBT              | MUN               | US        |    225000 | PA      | $191547.11    | 0.04%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Menifee Union School District (Election of 2008)                                                                                                      | Menifee Union School District (Election of 2008), Series 2009 C, GO Bonds                                                                              | CUSIP: 586807DW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $539357.56    | 0.10%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District (Election of 2008)                                                                                              | Beverly Hills Unified School District (Election of 2008), Series 2009, GO Bonds                                                                        | CUSIP: 088023JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1496893.23   | 0.28%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Corona Community Facilities District (Bedford Improvement Area No. 1)                                                                                 | Corona Community Facilities District (Bedford Improvement Area No. 1), Series 2020, RB                                                                 | CUSIP: 219680GA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $166808.62    | 0.03%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverside (County of), CA Transportation Commission                                                                                                   | Riverside (County of), CA Transportation Commission, Series 2021 B1, Ref. RB                                                                           | CUSIP: 76912DAZ1<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2503435.30   | 0.48%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (University of La Verne)                                                                            | California (State of) Municipal Finance Authority (University of La Verne), Series 2017 A, Ref. RB                                                     | CUSIP: 13048T2T9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1189589.21   | 0.23%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 VV, Ref. RB                                                                        | CUSIP: 74526QPN6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1154077.33   | 0.22%             | 2030-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| San Jose Evergreen Community College District (Election of 2004)                                                                                      | San Jose Evergreen Community College District (Election of 2004), Series 2008 B, GO Bonds                                                              | CUSIP: 798189FT8<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $711341.10    | 0.14%             | 2032-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Alliance for College-Ready Public Schools)                                                            | California (State of) School Finance Authority (Alliance for College-Ready Public Schools), Series 2013 A, RB                                          | CUSIP: 13059TAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017871.00   | 0.38%             | 2043-07-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Hunters Point Shipyard Phase One Improvements)                     | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Hunters Point Shipyard Phase One Improvements), Series 2014, Ref. R | CUSIP: 79772ACT2<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1592434.60   | 0.30%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District (Election of 2004)                                                                                                     | Clovis Unified School District (Election of 2004), Series 2004 A, GO Bonds                                                                             | CUSIP: 189342US5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $498023.56    | 0.09%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chula Vista (City of), CA Community Facilities District                                                                                               | Chula Vista (City of), CA Community Facilities District, Series 2021, RB                                                                               | CUSIP: 171312KZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $256953.93    | 0.05%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Root Creek Water District Community Facilities District No. 2016-1 Improvement Area No. 1                                                             | Root Creek Water District Community Facilities District No. 2016-1 Improvement Area No. 1, Series 2021, RB                                             | CUSIP: 776642AT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $490685.30    | 0.09%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                                | California Municipal Finance Authority, Series 2022, RB                                                                                                | CUSIP: 13051AFS2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012565.50   | 0.19%             | 2052-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Community Medical Centers)                                                                         | California (State of) Municipal Finance Authority (Community Medical Centers), Series 2017 A, Ref. RB                                                  | CUSIP: 13048TS20<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3688048.76   | 0.70%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                                                            | City of Los Angeles Department of Airports, Series 2022, RB                                                                                            | CUSIP: 544445C80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8530076.80   | 1.62%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                                                                                                    | Norman Y Mineta San Jose International Airport SJC, Series 2017 A, Ref. RB                                                                             | CUSIP: 798136VU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6995000 | PA      | $7074905.98   | 1.35%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (California Baptist University)                                                                     | California (State of) Municipal Finance Authority (California Baptist University), Series 2016 A, RB                                                   | CUSIP: 13048TG23<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1180866.84   | 0.22%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corona-Norco Unified School District (Community Facilities District No. 98-1)                                                                         | Corona-Norco Unified School District (Community Facilities District No. 98-1), Series 2013, Ref. RB                                                    | CUSIP: 219766LD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018930.50   | 0.19%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Orange (County of), CA Public Financing Authority (Ladera Ranch)                                                                                | South Orange (County of), CA Public Financing Authority (Ladera Ranch), Series 2014 A, Ref. RB                                                         | CUSIP: 839100JS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011285.00   | 0.19%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (County of), CA Community Facilities District No. 2021-01 (Valencia Facilities)                                                           | Los Angeles (County of), CA Community Facilities District No. 2021-01 (Valencia Facilities), Series 2022, RB                                           | CUSIP: 54531MAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003331.30   | 0.19%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (St. Joseph Health System)                                                                | California (State of) Health Facilities Financing Authority (St. Joseph Health System), Series 2013 A, RB                                              | CUSIP: 13033LY35<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5071988.50   | 0.96%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing)                                                        | California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing), Series 2019, RB                                        | CUSIP: 13049YEL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2459195.18   | 0.47%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                                                                                                    | San Marcos Unified School District, Series 2021, RB                                                                                                    | CUSIP: 798762NQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $486397.51    | 0.09%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (NCCD Hooper Street LLC California College of the Arts)                             | California (State of) Statewide Communities Development Authority (NCCD Hooper Street LLC California College of the Arts), Series 2019, RB             | CUSIP: 13081CAC2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    910000 | PA      | $835303.65    | 0.16%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority (Green Bonds)                                                                                                         | Transbay Joint Powers Authority (Green Bonds), Series 2020 A, RB                                                                                       | CUSIP: 89356CAT3<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5157601.00   | 0.98%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                                                                                       | Foothill-Eastern Transportation Corridor Agency, Series 2021 A, Ref. RB                                                                                | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $920731.30    | 0.18%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                                                                                         | San Francisco Bay Area Rapid Transit District, Series 2022, GO Bonds                                                                                   | CUSIP: 797661C94<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10093732.00  | 1.92%             | 2052-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Romoland School District (Community Facilities District No. 2004-1)                                                                                   | Romoland School District (Community Facilities District No. 2004-1), Series 2015, Ref. RB                                                              | CUSIP: 776192NS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1690545.99   | 0.32%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana (City of), CA (The Meadows)                                                                                                                   | Fontana (City of), CA (The Meadows), Series 2020, RB                                                                                                   | CUSIP: 344630WZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $231021.06    | 0.04%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District (Community Facilities District No. 09-1)                                                                               | Irvine Unified School District (Community Facilities District No. 09-1), Series 2019 A, RB                                                             | CUSIP: 463612NB3<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955562.10    | 0.18%             | 2054-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority (Green Bonds)                                                                                                         | Transbay Joint Powers Authority (Green Bonds), Series 2020 A, RB                                                                                       | CUSIP: 89356CAU0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3142818.30   | 0.60%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2021 A, RB                                                                                        | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3939770 | PA      | $3404811.10   | 0.65%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQE8<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $974173.65    | 0.19%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego (County of), CA Regional Airport Authority                                                                                                  | San Diego (County of), CA Regional Airport Authority, Series 2019 A, Ref. RB                                                                           | CUSIP: 79739GLF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2839226.09   | 0.54%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                                                                                   | California School Finance Authority, Series 2022, RB                                                                                                   | CUSIP: 13058TRJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1791541.26   | 0.34%             | 2062-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities)                                               | Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities), Series 2020, RB                               | CUSIP: 777870N93<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    450000 | PA      | $397076.45    | 0.08%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority (Green Bonds)                                                                                                         | Transbay Joint Powers Authority (Green Bonds), Series 2020 B, RB                                                                                       | CUSIP: 89356CBK1<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    300000 | PA      | $318172.98    | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (California Baptist University)                                                     | California (State of) Statewide Communities Development Authority (California Baptist University), Series 2017 A, Ref. RB                              | CUSIP: 13080SSJ4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004277.40   | 0.19%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside Unified School District (Community Facilities District No. 32)                                                                              | Riverside Unified School District (Community Facilities District No. 32), Series 2020, RB                                                              | CUSIP: 769069M44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $110456.35    | 0.02%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fontana (City of), CA Community Facilities District No. 89 (Belrose)                                                                                  | Fontana (City of), CA Community Facilities District No. 89 (Belrose), Series 2020, RB                                                                  | CUSIP: 344630YJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $886175.40    | 0.17%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Beach (City of), CA Bond Finance Authority                                                                                                       | Long Beach (City of), CA Bond Finance Authority, Series 2007 A, RB                                                                                     | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1646167.44   | 0.31%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority (San Francisco Bay Area)                                                                                                      | Bay Area Toll Authority (San Francisco Bay Area), Series 2017, Ref. RB                                                                                 | CUSIP: 072024VS8<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1227611.53   | 0.23%             | 2049-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gilroy Unified School District (Election of 2008)                                                                                                     | Gilroy Unified School District (Election of 2008), Series 2009 A, GO Bonds                                                                             | CUSIP: 376087DG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $530939.59    | 0.10%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District                                                                                                             | West Contra Costa Unified School District, Series 2005, GO Bonds                                                                                       | CUSIP: 952347RP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4621728.50   | 0.88%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chino Community Facilities District                                                                                                                   | Chino Community Facilities District, Series 2020, RB                                                                                                   | CUSIP: 169511VX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $68891.03     | 0.01%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Corp.                                                                                                            | Inland Empire Tobacco Securitization Corp., Series 2007 C-1, RB                                                                                        | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $6224107.50   | 1.18%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2021-1, Class A, Ctfs.                                                                            | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1556188 | PA      | $1404382.57   | 0.27%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No. 1 - Public Facilities)                                            | Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No. 1 - Public Facilities), Series 2020, RB                            | CUSIP: 777870K62<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    150000 | PA      | $135035.25    | 0.03%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                                                                                   | California School Finance Authority, Series 2022, RB                                                                                                   | CUSIP: 13058TRH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1446054.81   | 0.27%             | 2052-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Etiwanda School District Community Facilities District No. 2018-1 (Day Creek Square Public Facilities)                                                | Etiwanda School District Community Facilities District No. 2018-1 (Day Creek Square Public Facilities), Series 2020, RB                                | CUSIP: 29767UAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $245225.00    | 0.05%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center                                                                                                | Regents of the University of California Medical Center, Series 2022 P, RB                                                                              | CUSIP: 913366KT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $18871164.00  | 3.59%             | 2053-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing)                                                        | California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing), Series 2019, RB                                        | CUSIP: 13049YDD0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $403908.24    | 0.08%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                                                                                   | California School Finance Authority, Series 2022, RB                                                                                                   | CUSIP: 13058TRE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $725437.05    | 0.14%             | 2062-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chino Community Facilities District                                                                                                                   | Chino Community Facilities District, Series 2020, RB                                                                                                   | CUSIP: 169511VY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $251064.94    | 0.05%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bold Program)                                                                                      | California (State of) Municipal Finance Authority (Bold Program), Series 2020 B, RB                                                                    | CUSIP: 13051AAS7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    315000 | PA      | $286628.61    | 0.05%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Community Facilities District No. 2016-1                                                                         | San Francisco (City & County of), CA Community Facilities District No. 2016-1, Series 2020, RB                                                         | CUSIP: 79773JAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $366437.81    | 0.07%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (California Baptist University)                                                     | California (State of) Statewide Communities Development Authority (California Baptist University), Series 2014 A, RB                                   | CUSIP: 13080SBY9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4035000 | PA      | $4098178.01   | 0.78%             | 2043-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Corona Community Facilities District (Bedford Improvement Area No. 1)                                                                                 | Corona Community Facilities District (Bedford Improvement Area No. 1), Series 2020, RB                                                                 | CUSIP: 219680FZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $104078.83    | 0.02%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Menifee Union School District (Community Facilities District No. 2018-2)                                                                              | Menifee Union School District (Community Facilities District No. 2018-2), Series 2019, RB                                                              | CUSIP: 586810T60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1039604.51   | 0.20%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 12-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 12-1), Series 2012, RB                                                                                 | CUSIP: 46360RLV7<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1151535.09   | 0.22%             | 2024-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lincoln (City of), CA Community Facilities District No. 2006-1 (Improvement Area No. 1)                                                               | Lincoln (City of), CA Community Facilities District No. 2006-1 (Improvement Area No. 1), Series 2021, Ref. RB                                          | CUSIP: 533042KT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $137442.50    | 0.03%             | 2040-09-01      | Fixed         | 4.00%                 | 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        |   1135000 | PA      | $1135441.86   | 0.22%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), CA Community Facilities District No. 2004-1 (Ladera Ranch)                                                                        | Orange (County of), CA Community Facilities District No. 2004-1 (Ladera Ranch), Series 2014 A, Ref. RB                                                 | CUSIP: 68423PVD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011578.70   | 0.19%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) Waterworks Authority                                                                                                              | Guam (Territory of) Waterworks Authority, Series 2014 A, Ref. RB                                                                                       | CUSIP: 40065FBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1816068.60   | 0.35%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Orange (County of), CA Public Financing Authority (Ladera Ranch)                                                                                | South Orange (County of), CA Public Financing Authority (Ladera Ranch), Series 2014 A, Ref. RB                                                         | CUSIP: 839100JX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010241.60   | 0.19%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Quinta (City of), CA Successor Agency to the Redevelopment Agency (Areas No. 1 and 2)                                                              | La Quinta (City of), CA Successor Agency to the Redevelopment Agency (Areas No. 1 and 2), Series 2013 A, Ref. RB                                       | CUSIP: 50420BAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018930.50   | 0.19%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Department of Water Resources (Central Valley)                                                                                  | California (State of) Department of Water Resources (Central Valley), Series 2012 AN, RB                                                               | CUSIP: 13066K2C2<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.01   | 0.30%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 13-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 13-1), Series 2013, RB                                                                                 | CUSIP: 46360RQJ9<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    355000 | PA      | $360987.71    | 0.07%             | 2025-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Transportation Commission                                                                                                   | San Diego County Regional Transportation Commission, Series 2014, RB                                                                                   | CUSIP: 797400JU3<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |   7020000 | PA      | $7250743.19   | 1.38%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Municipal Water District (Community Facilities District No. 2012-61)                                                                          | Eastern Municipal Water District (Community Facilities District No. 2012-61), Series 2020, RB                                                          | CUSIP: 27627MXY8<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95773.18     | 0.02%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority (Green Bonds)                                                                                               | Mountain House Public Financing Authority (Green Bonds), Series 2020 B, RB                                                                             | CUSIP: 62412PCK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3470427.20   | 0.66%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                                                                                               | Bay Area Toll Authority, Series 2017, RB                                                                                                               | CUSIP: 072024UH3<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   6600000 | PA      | $7268288.94   | 1.38%             | 2056-04-01      | 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        |    300000 | PA      | $300080.70    | 0.06%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                                | California Municipal Finance Authority, Series 2022, RB                                                                                                | CUSIP: 13051AFJ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    335000 | PA      | $349951.45    | 0.07%             | 2052-09-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020, RB                                                                     | CUSIP: 13077EHR4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $892383.83    | 0.17%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District (Teacher and Staff Housing)                                                                                      | Jefferson Union High School District (Teacher and Staff Housing), Series 2020, COP                                                                     | CUSIP: 472467AW9<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2177330.69   | 0.41%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Lucile Salter Packard Children's Hospital at Stanford)                                   | California (State of) Health Facilities Financing Authority (Lucile Salter Packard Children's Hospital at Stanford), Series 2017, RB                   | CUSIP: 13032UPW2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1056757.18   | 0.20%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Community Medical Centers)                                                                         | California (State of) Municipal Finance Authority (Community Medical Centers), Series 2017 A, Ref. RB                                                  | CUSIP: 13048TS38<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    375000 | PA      | $384181.35    | 0.07%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Compton (City of), CA                                                                                                                                 | Compton (City of), CA, Series 2009, RB                                                                                                                 | CUSIP: 204744AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750345.63   | 0.33%             | 2039-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                             | Golden State Tobacco Securitization Corp., Series 2021 B-2, Ref. RB                                                                                    | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $1507275.00   | 0.29%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment)                                   | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment), Series 2014 A, RB                 | CUSIP: 79770GAW6<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031808.00   | 0.20%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calimesa (City of), CA Community Facilities District No. 2018-1 (Summerwind Trails)                                                                   | Calimesa (City of), CA Community Facilities District No. 2018-1 (Summerwind Trails), Series 2020, RB                                                   | CUSIP: 13083UDQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $233725.57    | 0.04%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                                                                           | California Educational Facilities Authority, Series 2022, RB                                                                                           | CUSIP: 130179UR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1416665.04   | 0.27%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Aspire Public School)                                                                                 | California (State of) School Finance Authority (Aspire Public School), Series 2015 A, Ref. RB                                                          | CUSIP: 13058TCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600490.14    | 0.11%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norwalk-La Mirada Unified School District                                                                                                             | Norwalk-La Mirada Unified School District, Series 2005 B, GO Bonds                                                                                     | CUSIP: 669096QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4787295.00   | 0.91%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Etiwanda School District (Election of 2016)                                                                                                           | Etiwanda School District (Election of 2016), Series 2020 A, GO Bonds                                                                                   | CUSIP: 297667BP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2910428.10   | 0.55%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palomar Community College District                                                                                                                    | Palomar Community College District, Series 2010, GO Bonds                                                                                              | CUSIP: 697511BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6670000 | PA      | $5907046.71   | 1.12%             | 2045-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority (Green Bonds)                                                                                                         | Transbay Joint Powers Authority (Green Bonds), Series 2020 B, RB                                                                                       | CUSIP: 89356CBM7<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    300000 | PA      | $312486.09    | 0.06%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority (Green Bonds)                                                                                               | Mountain House Public Financing Authority (Green Bonds), Series 2020 A, RB                                                                             | CUSIP: 62412PBQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5597918.40   | 1.06%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020, RB                                                                     | CUSIP: 13077EJC5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    625000 | PA      | $534663.00    | 0.10%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eastern Municipal Water District (Community Facilities District No. 2012-61)                                                                          | Eastern Municipal Water District (Community Facilities District No. 2012-61), Series 2020, RB                                                          | CUSIP: 27627MYP6<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |    350000 | PA      | $302724.10    | 0.06%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Pablo Joint Powers Financing Authority                                                                                                            | San Pablo Joint Powers Financing Authority, Series 2022, RB                                                                                            | CUSIP: 799135CN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10135000 | PA      | $9783012.46   | 1.86%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Green Dot Public Schools)                                                                             | California (State of) School Finance Authority (Green Dot Public Schools), Series 2018 A, RB                                                           | CUSIP: 13059TFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751076.95   | 0.33%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Orange (County of), CA Public Financing Authority (Ladera Ranch)                                                                                | South Orange (County of), CA Public Financing Authority (Ladera Ranch), Series 2014 A, Ref. RB                                                         | CUSIP: 839100JQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $910201.77    | 0.17%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 13-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 13-1), Series 2013, RB                                                                                 | CUSIP: 46360RQL4<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    325000 | PA      | $330280.60    | 0.06%             | 2027-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tejon Ranch Public Facilities Finance Authority (Community Facilities District No. 2008-1 - Tejon Industrial Complex Public Improvements)             | Tejon Ranch Public Facilities Finance Authority (Community Facilities District No. 2008-1 - Tejon Industrial Complex Public Improvements), Series 2012 | CUSIP: 879083EH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502832.30   | 0.29%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fremont Community Facilities District No. 1 (Pacific Commons)                                                                                         | Fremont Community Facilities District No. 1 (Pacific Commons), Series 2015, Ref. RB                                                                    | CUSIP: 357129CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2120582.25   | 0.40%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                                                              | University of California, Series 2013 AI, RB                                                                                                           | CUSIP: 91412GSS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6047512.20   | 1.15%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Community College Financing Authority (NCCD - Orange Coast Properties LLC - Orange Coast College)                               | California (State of) Community College Financing Authority (NCCD - Orange Coast Properties LLC - Orange Coast College), Series 2018, RB               | CUSIP: 13012RAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1309232.63   | 0.25%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Elsinore Valley Municipal Water District                                                                                                              | Elsinore Valley Municipal Water District, Series 2021 A, RB                                                                                            | CUSIP: 290322DZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $840256.07    | 0.16%             | 2051-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Rancho Cordova (City of), CA                                                                                                                          | Rancho Cordova (City of), CA, Series 2022, RB                                                                                                          | CUSIP: 75211RPR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1214367.72   | 0.23%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                                                                                           | California State University, Series 2017 A, Ref. RB                                                                                                    | CUSIP: 13077DAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10492096.00  | 1.99%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.)                                                    | California (County of), CA Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.), Series 2006 A, RB                                  | CUSIP: 13016NCT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2414660.00   | 0.46%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020, RB                                                                     | CUSIP: 13077EJD3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    585000 | PA      | $503598.07    | 0.10%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Patterson Financing Authority                                                                                                                    | West Patterson Financing Authority, Series 2021, RB                                                                                                    | CUSIP: 955232FC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $648243.25    | 0.12%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Linxs APM)                                                                                         | California (State of) Municipal Finance Authority (Linxs APM), Series 2018 A, RB                                                                       | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3995000 | PA      | $4040771.51   | 0.77%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2017, RB                                                                     | CUSIP: 13078YLB9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    650000 | PA      | $674048.38    | 0.13%             | 2037-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodland (City of), CA Community Facilities District 1                                                                                                | Woodland (City of), CA Community Facilities District 1, Series 2019, RB                                                                                | CUSIP: 979568GT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1653434.21   | 0.31%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach (City of), CA                                                                                                                              | Long Beach (City of), CA, Series 2015, RB                                                                                                              | CUSIP: 542426DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4185000 | PA      | $4235928.94   | 0.81%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2019 A-1, RB                                                                                      | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3144544 | PA      | $3054753.85   | 0.58%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| La Quinta (City of), CA Successor Agency to the Redevelopment Agency (Areas No. 1 and 2)                                                              | La Quinta (City of), CA Successor Agency to the Redevelopment Agency (Areas No. 1 and 2), Series 2013 A, Ref. RB                                       | CUSIP: 50420BAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4075722.00   | 0.77%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lincoln (City of), CA Community Facilities District No. 2006-1 (Improvement Area No. 1)                                                               | Lincoln (City of), CA Community Facilities District No. 2006-1 (Improvement Area No. 1), Series 2021, Ref. RB                                          | CUSIP: 533042KP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $223113.21    | 0.04%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Aspire Public School)                                                                                 | California (State of) School Finance Authority (Aspire Public School), Series 2016, Ref. RB                                                            | CUSIP: 13058TLL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $137888.92    | 0.03%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village)                                                                     | Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village), Series 2015 A, RB                                                   | CUSIP: 68423PWA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $276727.32    | 0.05%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2022, RB                                                                     | CUSIP: 13077ELR9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507465.25    | 0.10%             | 2042-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Adventist Health System)                                                           | California (State of) Statewide Communities Development Authority (Adventist Health System), Series 2015, Ref. RB                                      | CUSIP: 13080SJM7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   5585000 | PA      | $5668171.82   | 1.08%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside (County of), CA Community Facilities District No. 07-2 (Clinton Keith)                                                                      | Riverside (County of), CA Community Facilities District No. 07-2 (Clinton Keith), Series 2015, RB                                                      | CUSIP: 76911FTJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2801496.60   | 0.53%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Caritas)                                                                                           | California (State of) Municipal Finance Authority (Caritas), Series 2021 B, Ref. RB                                                                    | CUSIP: 13049SES9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    995000 | PA      | $828613.02    | 0.16%             | 2056-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Simi Valley Unified School District (Election of 2004)                                                                                                | Simi Valley Unified School District (Election of 2004), Series 2007 C, GO Bonds                                                                        | CUSIP: 828641UE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4007754.50   | 0.76%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Works Board (Judicial Council of California)                                                                             | California (State of) Public Works Board (Judicial Council of California), Series 2013 A, RB                                                           | CUSIP: 13068LCR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5450000 | PA      | $5478734.04   | 1.04%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Moreno Valley Unified School District (Community Facilities District No. 2015-2)                                                                      | Moreno Valley Unified School District (Community Facilities District No. 2015-2), Series 2019, RB                                                      | CUSIP: 616874RQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $495009.62    | 0.09%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Commonspirit Health)                                                                     | California (State of) Health Facilities Financing Authority (Commonspirit Health), Series 2020 A, Ref. RB                                              | CUSIP: 13032UXF0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   8690000 | PA      | $7836461.25   | 1.49%             | 2049-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2017, RB                                                                     | CUSIP: 13078YLC7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    715000 | PA      | $728313.30    | 0.14%             | 2046-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilroy Unified School District (Election of 2008)                                                                                                     | Gilroy Unified School District (Election of 2008), Series 2009 A, GO Bonds                                                                             | CUSIP: 376087DC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $70219.61     | 0.01%             | 2029-08-01      | None          | 0.00%                 | 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        |   3500465 | PA      | $3399537.80   | 0.65%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bold Program)                                                                                      | California (State of) Municipal Finance Authority (Bold Program), Series 2021 C, RB                                                                    | CUSIP: 13051ADD7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1157231.92   | 0.22%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lammersville Joint Unified School District                                                                                                            | Lammersville Joint Unified School District, Series 2020, RB                                                                                            | CUSIP: 513533FA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $118141.24    | 0.02%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Community Housing Agency (Serenity at Larkspur)                                                                                 | California (State of) Community Housing Agency (Serenity at Larkspur), Series 2020 A, RB                                                               | CUSIP: 13013FAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1316387.10   | 0.25%             | 2050-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                                                                      | California Health Facilities Financing Authority, Series 2021, RB                                                                                      | CUSIP: 13032UB49<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   7950000 | PA      | $8499128.76   | 1.62%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Town and Country Manor)                                                                            | California (State of) Municipal Finance Authority (Town and Country Manor), Series 2019, Ref. RB                                                       | CUSIP: 13048VJY5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2174671.82   | 0.41%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                                                                                       | Foothill-Eastern Transportation Corridor Agency, Series 2015, Ref. RB                                                                                  | CUSIP: 345105HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6245000 | PA      | $3858202.84   | 0.73%             | 2035-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (University of California-Irvine East Campus Apartments, Phase IV-A-CHF-Irvine LLC) | California (State of) Statewide Communities Development Authority (University of California-Irvine East Campus Apartments, Phase IV-A-CHF-Irvine LLC), | CUSIP: 13078RHG8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3495287.95   | 0.66%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Patterson Financing Authority                                                                                                                    | West Patterson Financing Authority, Series 2021, RB                                                                                                    | CUSIP: 955232FB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $480247.08    | 0.09%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Modesto (City of), CA (Community Center Refinancing)                                                                                                  | Modesto (City of), CA (Community Center Refinancing), Series 1993 A, COP                                                                               | CUSIP: 607715FE4<br>LEI: 549300PM1CEUCI5R7951 | Long             | DBT              | MUN               | US        |    660000 | PA      | $662309.80    | 0.13%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Henry Mayo Newhall Hospital)                                                                          | California (State of) Public Finance Authority (Henry Mayo Newhall Hospital), Series 2017, Ref. RB                                                     | CUSIP: 13057EAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2776956.33   | 0.53%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego (City of), CA Redevelopment Agency (Centre City Redevelopment)                                                                              | San Diego (City of), CA Redevelopment Agency (Centre City Redevelopment), Series 1999 A, RB                                                            | CUSIP: 797300PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1188835.73   | 0.23%             | 2025-09-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                 | California (State of), Series 2016, GO Bonds                                                                                                           | CUSIP: 13063CZU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6951711.36   | 1.32%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach (City of), CA                                                                                                                              | Long Beach (City of), CA, Series 2015, RB                                                                                                              | CUSIP: 542426CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032629.70   | 0.20%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana (City of), CA Community Facilities District No. 22 (Sierra Hills South)                                                                       | Fontana (City of), CA Community Facilities District No. 22 (Sierra Hills South), Series 2014, Ref. RB                                                  | CUSIP: 344630RB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014506.20   | 0.19%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tracy (City of), CA Community Facilities District                                                                                                     | Tracy (City of), CA Community Facilities District, Series 2022, RB                                                                                     | CUSIP: 892376TM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1666990.52   | 0.32%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2005 A, RB                                                                                                               | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4325000 | PA      | $749535.48    | 0.14%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Schools Regionalized Business Services Corp. (Los Angeles County Schools Pooled Financing Program)                                 | Los Angeles County Schools Regionalized Business Services Corp. (Los Angeles County Schools Pooled Financing Program), Series 1999 A, COP              | CUSIP: 545152HM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1049400.48   | 0.20%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Silicon Valley Tobacco Securitization Authority (Santa Clara)                                                                                         | Silicon Valley Tobacco Securitization Authority (Santa Clara), Series 2007 A, RB                                                                       | CUSIP: 82706TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $3784512.00   | 0.72%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.)                                          | California (County of), CA Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.), Series 2006 C, RB                        | CUSIP: 13016NCK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22950000 | PA      | $1963778.72   | 0.37%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore (City of), CA                                                                                                                           | Lake Elsinore (City of), CA, Series 2021, RB                                                                                                           | CUSIP: 50963NUE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $101333.99    | 0.02%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                                                                                                | M-S-R Energy Authority, Series 2009 B, RB                                                                                                              | CUSIP: 55374SAD2<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    895000 | PA      | $991950.25    | 0.19%             | 2029-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Improvement Area No. 1)                                                            | California (State of) Statewide Communities Development Authority (Improvement Area No. 1), Series 2021, RB                                            | CUSIP: 13077EKP4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    200000 | PA      | $181215.46    | 0.03%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (County of), CA Public Works Financing Authority (Green Bonds)                                                                            | Los Angeles (County of), CA Public Works Financing Authority (Green Bonds), Series 2021 F, RB                                                          | CUSIP: 54473EWP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15880000 | PA      | $15337543.96  | 2.92%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (California Crosspoint Academy)                                                                        | California (State of) Public Finance Authority (California Crosspoint Academy), Series 2020 A, RB                                                      | CUSIP: 13057KAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1613545.80   | 0.31%             | 2055-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                                                                                                   | Glendale Community College District, Series 2020 B, GO Bonds                                                                                           | CUSIP: 378394JQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $461943.62    | 0.09%             | 2045-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.)                                                    | California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 B-1, Ref. RB                           | CUSIP: 13016NFB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $395145.79    | 0.08%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego (County of), CA Regional Airport Authority                                                                                                  | San Diego (County of), CA Regional Airport Authority, Series 2021 B, RB                                                                                | CUSIP: 79739GNZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1729764.20   | 0.33%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village)                                                                     | Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village), Series 2015 A, RB                                                   | CUSIP: 68423PWC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3555000 | PA      | $3617401.98   | 0.69%             | 2045-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.)                                                    | California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 A, Ref. RB                             | CUSIP: 13016NHY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $249961.09    | 0.05%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Sacramento (City of), CA                                                                                                                         | West Sacramento (City of), CA, Series 2019, RB                                                                                                         | CUSIP: 955656RQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022884.70   | 0.19%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Granada Hills Charter Obligated Group)                                                                | California (State of) School Finance Authority (Granada Hills Charter Obligated Group), Series 2019, RB                                                | CUSIP: 13059TGL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1906371.65   | 0.36%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Albert Einstein Academies)                                                                         | California (State of) Municipal Finance Authority (Albert Einstein Academies), Series 2013, RB                                                         | CUSIP: 13048DAJ7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1597915.20   | 0.30%             | 2033-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Mt. San Antonio Community College District (Election of 2008)                                                                                         | Mt. San Antonio Community College District (Election of 2008), Series 2013 A, GO Bonds                                                                 | CUSIP: 623040FW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3609916.00   | 0.69%             | 2043-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                                                                                             | Alameda Corridor Transportation Authority, Series 2022, RB                                                                                             | CUSIP: 010869JU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $949061.00    | 0.18%             | 2052-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.)                                                    | California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 A, Ref. RB                             | CUSIP: 13016NEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $552434.16    | 0.11%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chino (City of), CA Community Facilities District (Improvement Area No. 8)                                                                            | Chino (City of), CA Community Facilities District (Improvement Area No. 8), Series 2021, RB                                                            | CUSIP: 169511WM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1063834.50   | 0.20%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Front Porch Communities & Services)                                                | California (State of) Statewide Communities Development Authority (Front Porch Communities & Services), Series 2017, Ref. RB                           | CUSIP: 13080SSE5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4580000 | PA      | $4720098.08   | 0.90%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                                                                                                  | Independent Cities Finance Authority, Series 2021, RB                                                                                                  | CUSIP: 45384PAN5<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1735439.22   | 0.33%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Aspire Public School)                                                                                 | California (State of) School Finance Authority (Aspire Public School), Series 2016, Ref. RB                                                            | CUSIP: 13058TMA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1370140.43   | 0.26%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corona-Norco Unified School District (Community Facilities District No. 98-1)                                                                         | Corona-Norco Unified School District (Community Facilities District No. 98-1), Series 2013, Ref. RB                                                    | CUSIP: 219766LA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1752560.46   | 0.33%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport)                                                         | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB                                       | CUSIP: 79766DMB2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019713.10   | 0.19%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Community Facilities District No. 4 (Playa Vista - Phase 1)                                                                 | Los Angeles (City of), CA Community Facilities District No. 4 (Playa Vista - Phase 1), Series 2014, Ref. RB                                            | CUSIP: 544386DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $1026835.02   | 0.20%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manhattan Beach Unified School District (Measure C)                                                                                                   | Manhattan Beach Unified School District (Measure C), Series 2020 B, GO Bonds                                                                           | CUSIP: 562785PH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4485000 | PA      | $4471741.44   | 0.85%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oceanside (City of), CA Public Financing Authority (El Corazon Aquatics Center)                                                                       | Oceanside (City of), CA Public Financing Authority (El Corazon Aquatics Center), Series 2019, RB                                                       | CUSIP: 67537MAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5155000 | PA      | $5016581.03   | 0.95%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lee Lake Water District Financing Corp.                                                                                                               | Lee Lake Water District Financing Corp., Series 2021, RB                                                                                               | CUSIP: 87975CBK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $793550.12    | 0.15%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program)                                                           | California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program), Series 2006 A, RB                                         | CUSIP: 130923BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $4003447.30   | 0.76%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Long Beach (City of), CA (Long Beach Towne Center)                                                                                                    | Long Beach (City of), CA (Long Beach Towne Center), Series 2008, RB                                                                                    | CUSIP: 54243EDS9<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016749.40   | 0.38%             | 2025-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (KIPP LA)                                                                                              | California (State of) School Finance Authority (KIPP LA), Series 2014 A, RB                                                                            | CUSIP: 13059TAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $754204.73    | 0.14%             | 2044-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                                                                                                    | San Marcos Unified School District, Series 2021, RB                                                                                                    | CUSIP: 798762NR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $847376.80    | 0.16%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                 | California (State of), Series 2020, Ref. GO Bonds                                                                                                      | CUSIP: 13063DXF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1283713.05   | 0.24%             | 2040-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                                                                                                      | Folsom Ranch Financing Authority, Series 2022, RB                                                                                                      | CUSIP: 344414EX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2865141.99   | 0.54%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside Unified School District (Community Facilities District No. 32)                                                                              | Riverside Unified School District (Community Facilities District No. 32), Series 2020, RB                                                              | CUSIP: 769069M51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $227053.06    | 0.04%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Methodist Hospital of Southern California)                                         | California (State of) Statewide Communities Development Authority (Methodist Hospital of Southern California), Series 2018; RB                         | CUSIP: 13081KAX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1015461.05   | 0.19%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Martinez Unified School District                                                                                                                      | Martinez Unified School District, Series 2021, GO Bonds                                                                                                | CUSIP: 573428NW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8605000 | PA      | $8242309.58   | 1.57%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Garden Grove (City of), CA Agency for Community Development                                                                                           | Garden Grove (City of), CA Agency for Community Development, Series 2008, RN                                                                           | CUSIP: 365245AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $760626.54    | 0.14%             | 2027-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Educational Facilities Authority (Art Center College of Design)                                                                 | California (State of) Educational Facilities Authority (Art Center College of Design), Series 2018 A, Ref. RB                                          | CUSIP: 130179PK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2549277.00   | 0.48%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anaheim City School District (Election of 2002)                                                                                                       | Anaheim City School District (Election of 2002), Series 2007, GO Bonds                                                                                 | CUSIP: 03254CDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $4737927.84   | 0.90%             | 2024-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village) (Green Bonds)                                                                           | California (State of) Public Finance Authority (Enso Village) (Green Bonds), Series 2021, RB                                                           | CUSIP: 13057GAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $815179.80    | 0.15%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                                | California Municipal Finance Authority, Series 2022, COP                                                                                               | CUSIP: 130493CL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2218656.72   | 0.42%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (New Designs Charter School)                                                                           | California (State of) School Finance Authority (New Designs Charter School), Series 2012, RB                                                           | CUSIP: 130591AJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450120.42    | 0.09%             | 2042-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Planada Elementary School District (Election of 2008)                                                                                                 | Planada Elementary School District (Election of 2008), Series 2009 B, GO Bonds                                                                         | CUSIP: 727016CG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8440000 | PA      | $2256361.42   | 0.43%             | 2049-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                                                                           | San Diego County Regional Airport Authority, Series 2021, RB                                                                                           | CUSIP: 79739GNX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10209803.00  | 1.94%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Desert (City of), CA (University Park)                                                                                                           | Palm Desert (City of), CA (University Park), Series 2021, Ref. RB                                                                                      | CUSIP: 696627ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $412976.21    | 0.08%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Simi Valley Unified School District (Election of 2004)                                                                                                | Simi Valley Unified School District (Election of 2004), Series 2007 C, GO Bonds                                                                        | CUSIP: 828641UF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $931806.36    | 0.18%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                                | California Municipal Finance Authority, Series 2022, RB                                                                                                | CUSIP: 13048VF37<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4284152.40   | 0.81%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing)                                                        | California (State of) Municipal Finance Authority (UCR North District Phase 1 Student Housing), Series 2019, RB                                        | CUSIP: 13049YDF5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $521749.40    | 0.10%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                                                            | City of Los Angeles Department of Airports, Series 2022, RB                                                                                            | CUSIP: 544445C56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3069970.38   | 0.58%             | 2042-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing)                                                | California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing), Series 2016, Ref. RB                           | CUSIP: 13080SNN0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1841791.80   | 0.35%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) International Airport Authority                                                                                                   | Guam (Territory of) International Airport Authority, Series 2013 C, RB                                                                                 | CUSIP: 40064RER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1478405.38   | 0.28%             | 2043-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Eastern Municipal Water District (Community Facilities District No. 2012-61)                                                                          | Eastern Municipal Water District (Community Facilities District No. 2012-61), Series 2020, RB                                                          | CUSIP: 27627MXZ5<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95605.92     | 0.02%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 13-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 13-1), Series 2013, RB                                                                                 | CUSIP: 46360RQK6<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406599.16    | 0.08%             | 2026-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (John Muir Health)                                                                  | California (State of) Statewide Communities Development Authority (John Muir Health), Series 2016 A, Ref. RB                                           | CUSIP: 13080SMT8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1279170.00   | 0.24%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Works Board (Various State Universities)                                                                                 | California (State of) Public Works Board (Various State Universities), Series 2013 H, RB                                                               | CUSIP: 13068LKD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037861.00   | 0.39%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                                                                                      | San Joaquin Hills Transportation Corridor Agency, Series 2021 A, Ref. RB                                                                               | CUSIP: 798111GM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3227000 | PA      | $3000100.59   | 0.57%             | 2044-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverside Unified School District                                                                                                                     | Riverside Unified School District, Series 2021, RB                                                                                                     | CUSIP: 769069Q32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $373124.54    | 0.07%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| El Segundo Unified School District (Election of 2008)                                                                                                 | El Segundo Unified School District (Election of 2008), Series 2009 A, GO Bonds                                                                         | CUSIP: 284047HB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $417670.55    | 0.08%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ontario (City of), CA Community Facilities District No. 45                                                                                            | Ontario (City of), CA Community Facilities District No. 45, Series 2020, RB                                                                            | CUSIP: 68305FAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $389793.33    | 0.07%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jurupa Community Services District                                                                                                                    | Jurupa Community Services District, Series 2020 A, RB                                                                                                  | CUSIP: 48210CBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $451237.13    | 0.09%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dry Creek Joint Elementary School District (Election of 2008-Measure E)                                                                               | Dry Creek Joint Elementary School District (Election of 2008-Measure E), Series 2009, GO Bonds                                                         | CUSIP: 262386FK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860000 | PA      | $884379.78    | 0.17%             | 2048-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District (Election of 2008)                                                                                                          | Oak Grove School District (Election of 2008), Series 2009 A, GO Bonds                                                                                  | CUSIP: 671205ZK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $557159.34    | 0.11%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lee Lake Water District Financing Corp.                                                                                                               | Lee Lake Water District Financing Corp., Series 2021, RB                                                                                               | CUSIP: 87975CBJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $438019.95    | 0.08%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Corp.                                                                                                            | Inland Empire Tobacco Securitization Corp., Series 2007 C-2, RB                                                                                        | CUSIP: 45734TAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  35000000 | PA      | $6883653.00   | 1.31%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Infrastructure & Economic Development Bank                                                                                      | California (State of) Infrastructure & Economic Development Bank, Series 2003 A, RB                                                                    | CUSIP: 13033WKZ5<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1662273.15   | 0.32%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority (Green Bonds)                                                                                               | Mountain House Public Financing Authority (Green Bonds), Series 2020 A, RB                                                                             | CUSIP: 62412PBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $196625.16    | 0.04%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Etiwanda School District Community Facilities District No. 2018-1 (Day Creek Square Public Facilities)                                                | Etiwanda School District Community Facilities District No. 2018-1 (Day Creek Square Public Facilities), Series 2020, RB                                | CUSIP: 29767UAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $183698.97    | 0.03%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Community Facilities District No. 4 (Playa Vista - Phase 1)                                                                 | Los Angeles (City of), CA Community Facilities District No. 4 (Playa Vista - Phase 1), Series 2014, Ref. RB                                            | CUSIP: 544386DJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $1027341.60   | 0.20%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dry Creek Joint Elementary School District (Election of 2008-Measure E)                                                                               | Dry Creek Joint Elementary School District (Election of 2008-Measure E), Series 2009, GO Bonds                                                         | CUSIP: 262386FC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4420000 | PA      | $2170923.22   | 0.41%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment)                                   | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment), Series 2014 A, RB                 | CUSIP: 79770GAT3<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    785000 | PA      | $811794.56    | 0.15%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Alliance for College-Ready Public Schools - 47th and Main)                         | California (State of) Statewide Communities Development Authority (Alliance for College-Ready Public Schools - 47th and Main), Series 2012 A, RB       | CUSIP: 13080KAN1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2062479.21   | 0.39%             | 2047-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                                                                           | San Diego County Regional Airport Authority, Series 2021, RB                                                                                           | CUSIP: 79739GNY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029821.80   | 0.39%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Eisenhower Medical Centers)                                                                        | California (State of) Municipal Finance Authority (Eisenhower Medical Centers), Series 2017 A, Ref. RB                                                 | CUSIP: 13048T4P5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517167.50   | 0.29%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Community Facilities District                                                                                                           | Orange County Community Facilities District, Series 2022, RB                                                                                           | CUSIP: 68423PZK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2229309.50   | 0.42%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) International Airport Authority                                                                                                   | Guam (Territory of) International Airport Authority, Series 2013 C, RB                                                                                 | CUSIP: 40064REM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1601605.82   | 0.30%             | 2043-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 12-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 12-1), Series 2012, RB                                                                                 | CUSIP: 46360RLW5<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502817.25    | 0.10%             | 2025-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bold Program)                                                                                      | California (State of) Municipal Finance Authority (Bold Program), Series 2021 A, RB                                                                    | CUSIP: 13051ABJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $974745.35    | 0.19%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ontario (City of), CA Community Facilities District No. 45                                                                                            | Ontario (City of), CA Community Facilities District No. 45, Series 2020, RB                                                                            | CUSIP: 68305FAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $107185.25    | 0.02%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing)                                                   | California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing), Series 2018, RB                                   | CUSIP: 13049YBK6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3341406.25   | 0.64%             | 2043-05-15      | Fixed         | 5.00%                 | 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: 13049AAG8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2265194.25   | 0.43%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chino (City of), CA Community Facilities District (Improvement Area No. 8)                                                                            | Chino (City of), CA Community Facilities District (Improvement Area No. 8), Series 2021, RB                                                            | CUSIP: 169511WL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $874710.30    | 0.17%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District (Del Sur East II)                                                                                                       | Poway Unified School District (Del Sur East II), Series 2020, RB                                                                                       | CUSIP: 738855G58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2408580.75   | 0.46%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.)                                                    | California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 A, Ref. RB                             | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $861987.70    | 0.16%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fremont Community Facilities District No. 1 (Pacific Commons)                                                                                         | Fremont Community Facilities District No. 1 (Pacific Commons), Series 2015, Ref. RB                                                                    | CUSIP: 357129CM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1928400.04   | 0.37%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (KIPP LA)                                                                                              | California (State of) School Finance Authority (KIPP LA), Series 2014 A, RB                                                                            | CUSIP: 13059TAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $607531.20    | 0.12%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports (Los Angeles International Airport)                                                                  | Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2017 A, RB                                                | CUSIP: 544445CX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555476.45   | 0.30%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District (Election of 2008)                                                                                              | Beverly Hills Unified School District (Election of 2008), Series 2009, GO Bonds                                                                        | CUSIP: 088023JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $306863.14    | 0.06%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fontana (City of), CA (The Meadows)                                                                                                                   | Fontana (City of), CA (The Meadows), Series 2020, RB                                                                                                   | CUSIP: 344630WY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $197767.79    | 0.04%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Mt. San Antonio Gardens)                                                                           | California (State of) Municipal Finance Authority (Mt. San Antonio Gardens), Series 2019, Ref. RB                                                      | CUSIP: 13049RBG0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1150286.88   | 0.22%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center                                                                                                | Regents of the University of California Medical Center, Series 2016 L, Ref. RB                                                                         | CUSIP: 913366HL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10319876.00  | 1.96%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore Unified School District Community Facilities District No. 2006-2 (Improvement Area No. C)                                               | Lake Elsinore Unified School District Community Facilities District No. 2006-2 (Improvement Area No. C), Series 2020, RB                               | CUSIP: 509640YP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1432676.11   | 0.27%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment)                                   | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment), Series 2014 A, RB                 | CUSIP: 79770GAP1<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    370000 | PA      | $382806.44    | 0.07%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario (City of), CA                                                                                                                                 | Ontario (City of), CA, Series 2021, RB                                                                                                                 | CUSIP: 68304NBH1<br>LEI: 254900FN91TH1F225693 | Long             | DBT              | MUN               | US        |    300000 | PA      | $265095.24    | 0.05%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Corona-Norco Unified School District (Community Facilities District No. 98-1)                                                                         | Corona-Norco Unified School District (Community Facilities District No. 98-1), Series 2013, Ref. RB                                                    | CUSIP: 219766KY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018930.50   | 0.19%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                 | California (State of), Series 2013, Ref. GO Bonds                                                                                                      | CUSIP: 13063CEW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5100843.50   | 0.97%             | 2030-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority (Green Bonds)                                                                                               | Mountain House Public Financing Authority (Green Bonds), Series 2020 A, RB                                                                             | CUSIP: 62412PBP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $912987.77    | 0.17%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1)                                                     | Irvine (City of), CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1), Series 2014, RB                                     | CUSIP: 46360TDF7<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1063873.71   | 0.20%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing)                                                | California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing), Series 2019, RB                                | CUSIP: 13080SWN0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    375000 | PA      | $359149.24    | 0.07%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  13280000 | PA      | $2498794.02   | 0.48%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Alamitos Unified School District                                                                                                                  | Los Alamitos Unified School District, Series 2013, GO Bonds                                                                                            | CUSIP: 544203CE0<br>LEI: 549300YJXGV6HPEZKU12 | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3147096.96   | 0.60%             | 2040-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Community Housing Agency (Annadel Apartments)                                                                                   | California (State of) Community Housing Agency (Annadel Apartments), Series 2019 A, RB                                                                 | CUSIP: 13013HAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4145000 | PA      | $3546005.64   | 0.67%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 VV, Ref. RB                                                                        | CUSIP: 74526QPR7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1993488.20   | 0.38%             | 2033-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing)                                                | California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing), Series 2019, RB                                | CUSIP: 13080SWP5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1037191.84   | 0.20%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), CA Community Facilities District No. 2004-1 (Ladera Ranch)                                                                        | Orange (County of), CA Community Facilities District No. 2004-1 (Ladera Ranch), Series 2014 A, Ref. RB                                                 | CUSIP: 68423PVE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011555.50   | 0.19%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020 B, RB                                                                   | CUSIP: 13078YRH0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    185000 | PA      | $157493.35    | 0.03%             | 2050-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Escondido Union School District (Election of 2014)                                                                                                    | Escondido Union School District (Election of 2014), Series 2018 B, GO Bonds                                                                            | CUSIP: 296371UD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3272664.52   | 0.62%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                                                                                                | Port Authority of Guam, Series 2018 A, RB                                                                                                              | CUSIP: 400652AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3714764.97   | 0.71%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020, RB                                                                     | CUSIP: 13077EHD5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    175000 | PA      | $159954.66    | 0.03%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                                                              | University of California, Series 2020 BE, Ref. RB                                                                                                      | CUSIP: 91412HHG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7600000 | PA      | $7566528.84   | 1.44%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.)                                                          | California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.), Series 2012, RB                                          | CUSIP: 1307955V5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500032.25   | 0.29%             | 2034-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Henry Mayo Newhall Memorial Hospital)                                              | California (State of) Statewide Communities Development Authority (Henry Mayo Newhall Memorial Hospital), Series 2014 A, RB                            | CUSIP: 13080SCJ1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1572160.80   | 0.30%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District (Teacher and Staff Housing)                                                                                      | Jefferson Union High School District (Teacher and Staff Housing), Series 2020, COP                                                                     | CUSIP: 472467AU3<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2242575.67   | 0.43%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ABAG Finance Authority for Nonprofit Corps. (Sharp Healthcare)                                                                                        | ABAG Finance Authority for Nonprofit Corps. (Sharp Healthcare), Series 2014 A, RB                                                                      | CUSIP: 00037CVN7<br>LEI: 549300EWVCCTI6O2KU84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016078.40   | 0.38%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020, RB                                                                     | CUSIP: 13078YQV0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    805000 | PA      | $815533.26    | 0.16%             | 2050-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Orange (County of), CA Public Financing Authority (Ladera Ranch)                                                                                | South Orange (County of), CA Public Financing Authority (Ladera Ranch), Series 2014 A, Ref. RB                                                         | CUSIP: 839100JN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $758541.45    | 0.14%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Delta Coves)                                                                       | California (State of) Statewide Communities Development Authority (Delta Coves), Series 2022, RB                                                       | CUSIP: 13077ELE8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030651.60   | 0.39%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) Waterworks Authority                                                                                                              | Guam (Territory of) Waterworks Authority, Series 2020 A, RB                                                                                            | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1547198.42   | 0.29%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clarita Community College District                                                                                                              | Santa Clarita Community College District, Series 2019, GO Bonds                                                                                        | CUSIP: 801686SG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $1928336.52   | 0.37%             | 2044-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Classical Academies Oceanside)                                                                        | California (State of) School Finance Authority (Classical Academies Oceanside), Series 2022 A, RB                                                      | CUSIP: 13058TQC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1957751.80   | 0.37%             | 2061-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Menifee Union School District (Community Facilities District No. 2006-2)                                                                              | Menifee Union School District (Community Facilities District No. 2006-2), Series 2020, Ref. RB                                                         | CUSIP: 586810Z71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $259565.19    | 0.05%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Touro College and University System)                                                               | California (State of) Municipal Finance Authority (Touro College and University System), Series 2014 A, RB                                             | CUSIP: 13048TSH7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1196297.97   | 0.23%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Corona-Norco Unified School District (Community Facilities District No. 17-1)                                                                         | Corona-Norco Unified School District (Community Facilities District No. 17-1), Series 2020, RB                                                         | CUSIP: 219766QJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $128800.37    | 0.02%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Emanate Health)                                                                    | California (State of) Statewide Communities Development Authority (Emanate Health), Series 2020 A, RB                                                  | CUSIP: 13080SYX6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1906146.60   | 0.36%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), CA Community Facilities District No. 2016-1 (Esencia Village)                                                                     | Orange (County of), CA Community Facilities District No. 2016-1 (Esencia Village), Series 2016 A, RB                                                   | CUSIP: 68423PXA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3032292.60   | 0.58%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Caritas Projects)                                                                                  | California (State of) Municipal Finance Authority (Caritas Projects), Series 2017 A, Ref. RB                                                           | CUSIP: 13049SCR3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2055000 | PA      | $1952730.05   | 0.37%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Madera (County of), CA Community Facilities District No. 2017-1 (Tesoro Viejo)                                                                        | Madera (County of), CA Community Facilities District No. 2017-1 (Tesoro Viejo), Series 2020, RB                                                        | CUSIP: 55646MCQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1245643.90   | 0.24%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bold Program)                                                                                      | California (State of) Municipal Finance Authority (Bold Program), Series 2021 C, RB                                                                    | CUSIP: 13051ADE5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1561597.92   | 0.30%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands (Government of) Public Finance Authority                                                                                               | Virgin Islands (Government of) Public Finance Authority, Series 2015, RB                                                                               | CUSIP: 927676UF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035839.20   | 0.39%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 13-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 13-1), Series 2013, RB                                                                                 | CUSIP: 46360RPY7<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    705000 | PA      | $716199.14    | 0.14%             | 2029-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport)                                                         | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2022 B, Ref. RB                           | CUSIP: 79766DUP2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9272517.00   | 1.76%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego (County of), CA Regional Airport Authority                                                                                                  | San Diego (County of), CA Regional Airport Authority, Series 2019 B, Ref. RB                                                                           | CUSIP: 79739GMC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900665.80    | 0.17%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Improvement Area No. 1)                                                            | California (State of) Statewide Communities Development Authority (Improvement Area No. 1), Series 2021, RB                                            | CUSIP: 13077EKQ2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    380000 | PA      | $324437.96    | 0.06%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Classical Academies)                                                                                  | California (State of) School Finance Authority (Classical Academies), Series 2020 A, RB                                                                | CUSIP: 13058TKA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000195.90   | 0.19%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento (County of), CA                                                                                                                            | Sacramento (County of), CA, Series 2018 C, Ref. RB                                                                                                     | CUSIP: 786107RY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3315000 | PA      | $3423538.40   | 0.65%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.)                                                    | California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 B-2, Ref. RB                           | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $1822083.00   | 0.35%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Facilities Inc.                                                                                                                    | Los Angeles County Facilities Inc., Series 2018, RB                                                                                                    | CUSIP: 54531FAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $24539692.50  | 4.67%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine Ranch Water District                                                                                                                           | Irvine Ranch Water District, Series 2016, RB                                                                                                           | CUSIP: 4636325M7<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |   8175000 | PA      | $8686281.67   | 1.65%             | 2046-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Palmdale Aerospace Academy (The))                                                                  | California (State of) Municipal Finance Authority (Palmdale Aerospace Academy (The)), Series 2018 A, RB                                                | CUSIP: 13048DCQ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1094820.48   | 0.21%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Margarita Water District (Community Facilities District No. 2013-1)                                                                             | Santa Margarita Water District (Community Facilities District No. 2013-1), Series 2013, RB                                                             | CUSIP: 802242EQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $2904318.43   | 0.55%             | 2043-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore (City of), CA                                                                                                                           | Lake Elsinore (City of), CA, Series 2021, RB                                                                                                           | CUSIP: 50963NUD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $95269.00     | 0.02%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Santa Rosa Academy)                                                                                | California (State of) Municipal Finance Authority (Santa Rosa Academy), Series 2022, Ref. RB                                                           | CUSIP: 130486BF9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3810000 | PA      | $3328429.72   | 0.63%             | 2062-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (William Jessup University)                                                                         | California (State of) Municipal Finance Authority (William Jessup University), Series 2019, Ref. RB                                                    | CUSIP: 13048VJF6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2390273.01   | 0.45%             | 2048-08-01      | Fixed         | 5.00%                 | 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        |   1860000 | PA      | $1855355.58   | 0.35%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California (State of) Community Housing Agency (Verdant at Green Valley)                                                                              | California (State of) Community Housing Agency (Verdant at Green Valley), Series 2019 A, RB                                                            | CUSIP: 13013FAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2319310.22   | 0.44%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Levee Improvement Authority                                                                                                              | Three Rivers Levee Improvement Authority, Series 2021, Ref. RB                                                                                         | CUSIP: 88563DAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2144705.75   | 0.41%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3)                                                               | Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3), Series 2020, RB                                               | CUSIP: 794895CC4<br>LEI: 549300MQT95KWXC3XG68 | Long             | DBT              | MUN               | US        |    380000 | PA      | $334694.20    | 0.06%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marin Municipal Water District Financing Authority                                                                                                    | Marin Municipal Water District Financing Authority, Series 2017, RB                                                                                    | CUSIP: 56782UBH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6035000 | PA      | $6415342.60   | 1.22%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Educational Facilities Authority (Chapman University)                                                                           | California (State of) Educational Facilities Authority (Chapman University), Series 2015, RB                                                           | CUSIP: 1301787X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2217259.69   | 0.42%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Educational Facilities Authority (Loma Linda University)                                                                        | California (State of) Educational Facilities Authority (Loma Linda University), Series 2017 A, Ref. RB                                                 | CUSIP: 130179JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3285000 | PA      | $3459752.80   | 0.66%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calimesa (City of), CA Community Facilities District No. 2018-1 (Summerwind Trails)                                                                   | Calimesa (City of), CA Community Facilities District No. 2018-1 (Summerwind Trails), Series 2020, RB                                                   | CUSIP: 13083UDR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $217944.40    | 0.04%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco (City of), CA                                                                                                                     | South San Francisco (City of), CA, Series 2022, RB                                                                                                     | CUSIP: 840000AP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $887215.50    | 0.17%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities)                                               | Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities), Series 2020, RB                               | CUSIP: 777870M45<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1549738.65   | 0.29%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District (Election of 2004)                                                                                                   | Alhambra Unified School District (Election of 2004), Series 2009 B, GO Bonds                                                                           | CUSIP: 016059DM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1064480.34   | 0.20%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Madera (County of), CA Community Facilities District No. 2017-1 (Tesoro Viejo)                                                                        | Madera (County of), CA Community Facilities District No. 2017-1 (Tesoro Viejo), Series 2020, RB                                                        | CUSIP: 55646MCP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $746249.09    | 0.14%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District (Community Facilities District No. 09-1)                                                                               | Irvine Unified School District (Community Facilities District No. 09-1), Series 2018 A, Ref. RB                                                        | CUSIP: 463612MH1<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1599443.69   | 0.30%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2520251.00   | 0.48%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District (Election of 2008)                                                                                              | Beverly Hills Unified School District (Election of 2008), Series 2009, GO Bonds                                                                        | CUSIP: 088023HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1116163.67   | 0.21%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bold Program)                                                                                      | California (State of) Municipal Finance Authority (Bold Program), Series 2020 B, RB                                                                    | CUSIP: 13051AAT5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    455000 | PA      | $396658.81    | 0.08%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bella Mente Montessori Academy)                                                                    | California (State of) Municipal Finance Authority (Bella Mente Montessori Academy), Series 2018 A, RB                                                  | CUSIP: 130486BC6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1188437.69   | 0.23%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Placer (County of), CA Community Facilities District                                                                                                  | Placer (County of), CA Community Facilities District, Series 2021, RB                                                                                  | CUSIP: 726011BW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1360197.50   | 0.26%             | 2041-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                                                                                           | Bay Area Water Supply & Conservation Agency, Series 2013 A, RB                                                                                         | CUSIP: 072031BP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3528550.55   | 0.67%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palomar Health                                                                                                                                        | Palomar Health, Series 2017, COP                                                                                                                       | CUSIP: 69752RAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1074235.56   | 0.20%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District (Election of 2008)                                                                                              | Beverly Hills Unified School District (Election of 2008), Series 2009, GO Bonds                                                                        | CUSIP: 088023HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2507289.00   | 0.48%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities)                                               | Roseville (City of), CA (Ranch at Sierra Vista Community Facilities District No. 1 - Public Facilities), Series 2020, RB                               | CUSIP: 777870P26<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $859499.30    | 0.16%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Ana Unified School District (Financing Project)                                                                                                 | Santa Ana Unified School District (Financing Project), Series 1999, COP                                                                                | CUSIP: 801163DM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $571425.30    | 0.11%             | 2036-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Caritas Affordable Housing, Inc.)                                                                  | California (State of) Municipal Finance Authority (Caritas Affordable Housing, Inc.), Series 2014 B, RB                                                | CUSIP: 13049SBH6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    295000 | PA      | $295276.71    | 0.06%             | 2049-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                                                                                                    | Long Beach Unified School District, Series 2012, GO Bonds                                                                                              | CUSIP: 542433NV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11625000 | PA      | $11647853.59  | 2.21%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment)                                   | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment), Series 2014 A, RB                 | CUSIP: 79770GAM8<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    220000 | PA      | $227683.79    | 0.04%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Moreland School District (Crossover Series 14)                                                                                                        | Moreland School District (Crossover Series 14), Series 2006 C, Ref. GO Bonds                                                                           | CUSIP: 616794QH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1012505.13   | 0.19%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (United Airlines, Inc.)                                                                             | California (State of) Municipal Finance Authority (United Airlines, Inc.), Series 2019, RB                                                             | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7120000 | PA      | $6910652.78   | 1.31%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority                                                                                                     | California (State of) Municipal Finance Authority, Series 2020 A, RB                                                                                   | CUSIP: 13051AAD0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1338489.35   | 0.25%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Simi Valley Unified School District (Election of 2004)                                                                                                | Simi Valley Unified School District (Election of 2004), Series 2007 C, GO Bonds                                                                        | CUSIP: 828641UD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1266118.20   | 0.24%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (CHF-Riverside II, LLC - UCR North District Phase I Student Housing)                                | California (State of) Municipal Finance Authority (CHF-Riverside II, LLC - UCR North District Phase I Student Housing), Series 2019, RB                | CUSIP: 13049YEE7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2945606.82   | 0.56%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (KIPP LA)                                                                                              | California (State of) School Finance Authority (KIPP LA), Series 2015 A, RB                                                                            | CUSIP: 13059TBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1154654.40   | 0.22%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Menifee Union School District (Community Facilities District No. 2014-3)                                                                              | Menifee Union School District (Community Facilities District No. 2014-3), Series 2019, RB                                                              | CUSIP: 586810W25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1608030.40   | 0.31%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1)                                                     | Irvine (City of), CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1), Series 2014, RB                                     | CUSIP: 46360TDE0<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1061926.08   | 0.20%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| William S. Hart Union High School District (Election of 2008)                                                                                         | William S. Hart Union High School District (Election of 2008), Series 2009 A, GO Bonds                                                                 | CUSIP: 969275QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9370000 | PA      | $6776289.36   | 1.29%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Luis Obispo (County of), CA Financing Authority (Lopez Dam Improvement)                                                                           | San Luis Obispo (County of), CA Financing Authority (Lopez Dam Improvement), Series 2011 A, Ref. RB                                                    | CUSIP: 798693CX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505120.25   | 0.48%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports (Los Angeles International Airport)                                                                  | Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2017 A, RB                                                | CUSIP: 544445CY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026065.10   | 0.20%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (KIPP SoCal Public Schools)                                                                            | California (State of) School Finance Authority (KIPP SoCal Public Schools), Series 2019 A, RB                                                          | CUSIP: 13059TFT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767588.85    | 0.15%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                                                                                       | Foothill-Eastern Transportation Corridor Agency, Series 1995 A, RB                                                                                     | CUSIP: 345105BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2627793.92   | 0.50%             | 2027-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Union High School District (Election of 2004)                                                                                               | Grossmont Union High School District (Election of 2004), Series 2006, GO Bonds                                                                         | CUSIP: 399262CF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2863672.20   | 0.54%             | 2024-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bella Mente Montessori Academy)                                                                    | California (State of) Municipal Finance Authority (Bella Mente Montessori Academy), Series 2018 A, RB                                                  | CUSIP: 130486BB8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    560000 | PA      | $526597.90    | 0.10%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)                                              | California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2014, RB                              | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3519308.45   | 0.67%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Alliance for College-Ready Public Schools)                                                            | California (State of) School Finance Authority (Alliance for College-Ready Public Schools), Series 2015, RB                                            | CUSIP: 13059TBU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2650107.25   | 0.50%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Finance Authority                                                                                             | California (State of) Pollution Control Finance Authority, Series 2012, RB                                                                             | CUSIP: 13054WAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1995927.48   | 0.38%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Orange (County of), CA Public Financing Authority (Ladera Ranch)                                                                                | South Orange (County of), CA Public Financing Authority (Ladera Ranch), Series 2014 A, Ref. RB                                                         | CUSIP: 839100JW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1697918.54   | 0.32%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport                                                                          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2019, RB                                                          | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2581481.01   | 0.49%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jurupa Community Services District                                                                                                                    | Jurupa Community Services District, Series 2021 A, RB                                                                                                  | CUSIP: 48210CDE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $255165.78    | 0.05%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                                                                   | State of California, Series 2022, GO Bonds                                                                                                             | CUSIP: 13063D2G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2969925.92   | 0.56%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marina (City of), CA Redevelopment Agency Successor Agency                                                                                            | Marina (City of), CA Redevelopment Agency Successor Agency, Series 2020 B, RB                                                                          | CUSIP: 568061CJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $269941.83    | 0.05%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (NCCD Hooper Street LLC California College of the Arts)                             | California (State of) Statewide Communities Development Authority (NCCD Hooper Street LLC California College of the Arts), Series 2019, RB             | CUSIP: 13081CAD0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2171975.75   | 0.41%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Caritas Affordable Housing, Inc.)                                                                  | California (State of) Municipal Finance Authority (Caritas Affordable Housing, Inc.), Series 2014 A, RB                                                | CUSIP: 13049SBE3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3752599.20   | 0.71%             | 2049-08-15      | Fixed         | 5.25%                 | 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: 13016NHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $561607.14    | 0.11%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District (Community Facilities District No. 01-1)                                                                               | Irvine Unified School District (Community Facilities District No. 01-1), Series 2015, Ref. RB                                                          | CUSIP: 463612HH7<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1560661.65   | 0.30%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Children's Hospital Los Angeles)                                                         | California (State of) Health Facilities Financing Authority (Children's Hospital Los Angeles), Series 2017 A, Ref. RB                                  | CUSIP: 13032UNG9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3285000 | PA      | $3316499.21   | 0.63%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport)                                                         | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 E, RB                                       | CUSIP: 79766DSA8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10189171.00  | 1.94%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Orange County Community College District                                                                                                        | North Orange County Community College District, Series 2022 C, GO Bonds                                                                                | CUSIP: 661334GN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9940137.00   | 1.89%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                                                                | California Statewide Communities Development Authority, Series 2022, RB                                                                                | CUSIP: 13080SM84<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1774731.50   | 0.34%             | 2057-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3)                                                               | Salinas (City of), CA Community Facilities District No. 2016-1 (Improvement Area No. 3), Series 2020, RB                                               | CUSIP: 794895CE0<br>LEI: 549300MQT95KWXC3XG68 | Long             | DBT              | MUN               | US        |    185000 | PA      | $167431.16    | 0.03%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                                                                                                  | Independent Cities Finance Authority, Series 2021, RB                                                                                                  | CUSIP: 45384PAP0<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1164786.50   | 0.22%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands (Government of) Port Authority                                                                                                         | Virgin Islands (Government of) Port Authority, Series 2014 B, Ref. RB                                                                                  | CUSIP: 927674BC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1519456.60   | 0.29%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Segundo Unified School District (Election of 2008)                                                                                                 | El Segundo Unified School District (Election of 2008), Series 2009 A, GO Bonds                                                                         | CUSIP: 284047GZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2024711.20   | 0.38%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports                                                                                                      | Los Angeles (City of), CA Department of Airports, Series 2022 A, RB                                                                                    | CUSIP: 544445WS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1817317.60   | 0.35%             | 2049-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                                | California Municipal Finance Authority, Series 2022, RB                                                                                                | CUSIP: 13051AFH6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    840000 | PA      | $862002.79    | 0.16%             | 2052-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority (Green Bonds)                                                                                               | Mountain House Public Financing Authority (Green Bonds), Series 2020 B, RB                                                                             | CUSIP: 62412PCL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1124130.29   | 0.21%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sanger Unified School District                                                                                                                        | Sanger Unified School District, Series 1999, Ref. GO Bonds                                                                                             | CUSIP: 800851KJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55359.73     | 0.01%             | 2023-08-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Eastern Municipal Water District (Community Facilities District No. 2016-75)                                                                          | Eastern Municipal Water District (Community Facilities District No. 2016-75), Series 2021, RB                                                          | CUSIP: 27627MZM2<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |    155000 | PA      | $134063.53    | 0.03%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District (Election of 2004)                                                                                                   | Alhambra Unified School District (Election of 2004), Series 2009 B, GO Bonds                                                                           | CUSIP: 016059DL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $694222.37    | 0.13%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| West Patterson Financing Authority                                                                                                                    | West Patterson Financing Authority, Series 2021, RB                                                                                                    | CUSIP: 955232FA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $337298.48    | 0.06%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jurupa Community Services District                                                                                                                    | Jurupa Community Services District, Series 2020 A, RB                                                                                                  | CUSIP: 48210CBL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $269295.15    | 0.05%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                                                                                                   | Glendale Community College District, Series 2020 B, GO Bonds                                                                                           | CUSIP: 378394JA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9882383.00   | 1.88%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment)                                   | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment), Series 2014 A, RB                 | CUSIP: 79770GAU0<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    375000 | PA      | $387801.86    | 0.07%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Moreno Valley Unified School District (Community Facilities District No. 2015-2)                                                                      | Moreno Valley Unified School District (Community Facilities District No. 2015-2), Series 2019, RB                                                      | CUSIP: 616874RP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $445879.05    | 0.08%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange (County of), CA Community Facilities District (Village of Esencia)                                                                             | Orange (County of), CA Community Facilities District (Village of Esencia), Series 2020, RB                                                             | CUSIP: 68423PYT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $306700.23    | 0.06%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Infrastructure & Economic Development Bank (Sustainability Bonds)                                                               | California (State of) Infrastructure & Economic Development Bank (Sustainability Bonds), Series 2021 B, RB                                             | CUSIP: 13034AU99<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1163563.83   | 0.22%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                                                                   | State of California, Series 2020, GO Bonds                                                                                                             | CUSIP: 13063DUT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7023717.40   | 1.34%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Finance Authority                                                                                             | California (State of) Pollution Control Finance Authority, Series 2012, RB                                                                             | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5884146.60   | 1.12%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside (County of), CA Community Facilities District No. 07-2 (Clinton Keith)                                                                      | Riverside (County of), CA Community Facilities District No. 07-2 (Clinton Keith), Series 2015, RB                                                      | CUSIP: 76911FTK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518305.10   | 0.29%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                 | California (State of), Series 2020, GO Bonds                                                                                                           | CUSIP: 13063DUR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012676.40   | 0.38%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Community Facilities District No. 11                                                                                        | Los Angeles (City of), CA Community Facilities District No. 11, Series 2021, RB                                                                        | CUSIP: 544386DX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1443100.40   | 0.27%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redev Agency Community Facilities District No. 6 (Mission Bay South Public Improvements) | San Francisco (City & County of), CA Successor Agency to the Redev Agency Community Facilities District No. 6 (Mission Bay South Public Improvements), | CUSIP: 79772AAV9<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1636428.66   | 0.31%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California (Limited)                                                                                                                    | University of California (Limited), Series 2018 O, Ref. RB                                                                                             | CUSIP: 91412HDE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10572932.00  | 2.01%             | 2058-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                                                            | City of Los Angeles Department of Airports, Series 2017, RB                                                                                            | CUSIP: 544445CZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040038.00   | 0.39%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redlands Unified School District (Community Facilities District No. 2006-1)                                                                           | Redlands Unified School District (Community Facilities District No. 2006-1), Series 2020, RB                                                           | CUSIP: 757619CH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $352040.36    | 0.07%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Torrance Unified School District (Election of 2008)                                                                                                   | Torrance Unified School District (Election of 2008), Series 2009, GO Bonds                                                                             | CUSIP: 891381G58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $866695.20    | 0.16%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment)                                   | San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency (Mission Bay South Redevelopment), Series 2014 A, RB                 | CUSIP: 79770GAQ9<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    450000 | PA      | $465468.71    | 0.09%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                                                                                              | River Islands Public Financing Authority, Series 2022, RB                                                                                              | CUSIP: 76827QGR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1506572.20   | 0.29%             | 2052-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Humangood Obligation Group)                                                                        | California (State of) Municipal Finance Authority (Humangood Obligation Group), Series 2019 A, Ref. RB                                                 | CUSIP: 13048VLB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3305000 | PA      | $3401012.56   | 0.65%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Moorpark Unified School District (Election of 2008)                                                                                                   | Moorpark Unified School District (Election of 2008), Series 2009 A, GO Bonds                                                                           | CUSIP: 616259EZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1455604.80   | 0.28%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Daly City (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition)                                                  | Daly City (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition), Series 2007 C, Ref. RB                           | CUSIP: 235669FK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1703945.34   | 0.32%             | 2047-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                                                                           | California Educational Facilities Authority, Series 2010, RB                                                                                           | CUSIP: 130178VU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8940000 | PA      | $10998814.95  | 2.09%             | 2040-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Merced County Tobacco Funding Corp.)                                                      | California (State of) County Tobacco Securitization Agency (Merced County Tobacco Funding Corp.), Series 2020, Ref. RB                                 | CUSIP: 13016NGB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $715040.69    | 0.14%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore Unified School District Community Facilities District                                                                                   | Lake Elsinore Unified School District Community Facilities District, Series 2021, RB                                                                   | CUSIP: 509640ZG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $255396.15    | 0.05%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (New Designs Charter School)                                                                           | California (State of) School Finance Authority (New Designs Charter School), Series 2012 A, RB                                                         | CUSIP: 130591AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3081533.22   | 0.59%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cerritos Community College District (Election of 2012)                                                                                                | Cerritos Community College District (Election of 2012), Series 2018 B, GO Bonds                                                                        | CUSIP: 156792JF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3665000 | PA      | $3690778.88   | 0.70%             | 2043-08-01      | Fixed         | 4.00%                 | 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: 13016NGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $318915.88    | 0.06%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stockton Community Facilities District                                                                                                                | Stockton Community Facilities District, Series 2022, RB                                                                                                | CUSIP: 861341SH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $692510.00    | 0.13%             | 2052-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Marina (City of), CA Redevelopment Agency Successor Agency                                                                                            | Marina (City of), CA Redevelopment Agency Successor Agency, Series 2020 A, RB                                                                          | CUSIP: 568061BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $271904.19    | 0.05%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Murrieta Valley Unified School District (Election of 2006)                                                                                            | Murrieta Valley Unified School District (Election of 2006), Series 2008, GO Bonds                                                                      | CUSIP: 626905JE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6670000 | PA      | $4909270.74   | 0.93%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No. 1 - Public Facilities)                                            | Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No. 1 - Public Facilities), Series 2020, RB                            | CUSIP: 777870K70<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    200000 | PA      | $174355.52    | 0.03%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Adventist Health System)                                                           | California (State of) Statewide Communities Development Authority (Adventist Health System), Series 2015, Ref. RB                                      | CUSIP: 13080SJK1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1795310.61   | 0.34%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Desert (City of), CA (University Park)                                                                                                           | Palm Desert (City of), CA (University Park), Series 2021, Ref. RB                                                                                      | CUSIP: 696627ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $563910.36    | 0.11%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority                                                                                     | California (State of) Statewide Communities Development Authority, Series 2020, RB                                                                     | CUSIP: 13077EHE3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    360000 | PA      | $310883.33    | 0.06%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lammersville Joint Unified School District                                                                                                            | Lammersville Joint Unified School District, Series 2020, RB                                                                                            | CUSIP: 513533FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $273685.95    | 0.05%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Corona Community Facilities District (Bedford Improvement Area No. 1)                                                                                 | Corona Community Facilities District (Bedford Improvement Area No. 1), Series 2020, RB                                                                 | CUSIP: 219680GB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $360641.02    | 0.07%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Margarita Water District (Community Facilities District No. 2013-1)                                                                             | Santa Margarita Water District (Community Facilities District No. 2013-1), Series 2013, RB                                                             | CUSIP: 802242EP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1936750.57   | 0.37%             | 2036-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| San Mateo & Foster (Cities of), CA Public Financing Authority (Clean Water Program)                                                                   | San Mateo & Foster (Cities of), CA Public Financing Authority (Clean Water Program), Series 2019, RB                                                   | CUSIP: 79905VAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3593561.51   | 0.68%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (William Jessup University)                                                                         | California (State of) Municipal Finance Authority (William Jessup University), Series 2019, Ref. RB                                                    | CUSIP: 13048VJE9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $469795.20    | 0.09%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District (Community Facilities District No. 09-1)                                                                               | Irvine Unified School District (Community Facilities District No. 09-1), Series 2017 B, RB                                                             | CUSIP: 463612JZ5<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508444.05    | 0.10%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 13-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 13-1), Series 2013, RB                                                                                 | CUSIP: 46360RQM2<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    350000 | PA      | $355596.71    | 0.07%             | 2028-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento (City of), CA (Convention Center Complex)                                                                                                  | Sacramento (City of), CA (Convention Center Complex), Series 2018 A, RB                                                                                | CUSIP: 786073AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3133785.00   | 0.60%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (On Lok Senior Health Services) (Social Bonds)                                            | California (State of) Health Facilities Financing Authority (On Lok Senior Health Services) (Social Bonds), Series 2020, Ref. RB                       | CUSIP: 13032UYK8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1159176.71   | 0.22%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Community Facilities District No. 2016-1                                                                         | San Francisco (City & County of), CA Community Facilities District No. 2016-1, Series 2020, RB                                                         | CUSIP: 79773JAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $204077.32    | 0.04%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Cedars Sinai Health System)                                                              | California (State of) Health Facilities Financing Authority (Cedars Sinai Health System), Series 2021 A, Ref. RB                                       | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  14610000 | PA      | $13831301.61  | 2.63%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** Invesco California Value Municipal Income Trust

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President