# EDGAR Filing Document

**Accession Number:** 0000201801
**File Stem:** 0000201801-26-000007
**Filing Date:** 2026-5
**Character Count:** 73697
**Document Hash:** 3f3cb780dd72c6e43823349ca53603bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000201801-26-000007.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0000201801-26-000007

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Municipal Bond Fund, Inc.
- **CENTRAL INDEX KEY:** 0000201801

**ORGANIZATION NAME:**
- **EIN:** 251304971
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02677
- **FILM NUMBER:** 261011152

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED MUNICIPAL BOND FUND INC
- **DATE OF NAME CHANGE:** 20170728

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED MUNICIPAL SECURITIES FUND INC
- **DATE OF NAME CHANGE:** 19960307

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LIBERTY MUNICIPAL SECURITIES FUND INC
- **DATE OF NAME CHANGE:** 19930517

## Series and Classes Contracts Data

### Federated Hermes Municipal Bond Fund, Inc. (Series ID: S000009070)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000024642 | Class A Shares       | LMSFX           |
| C000024644 | Class C Shares       | LMSCX           |
| C000051334 | Class F Shares       | LMFFX           |
| C000188105 | Class T Shares       |  |
| C000191101 | Institutional Shares | LMBIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Municipal Bond Fund, Inc.

- **b. Investment Company Act file number:** 811-02677

- **c. CIK number of Registrant:** 0000201801

- **d. LEI of Registrant:** FKXPJ13H04EJB13HM305

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Municipal Bond Fund, Inc.

- **b. EDGAR series identifier (if any):** S000009070

- **c. LEI of Series:** FKXPJ13H04EJB13HM305

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $216956220.58

**Total Liabilities:** $6705480.38

**Net Assets:** $210250740.20

**Delayed Delivery Securities:** $4848430.00

**Cash Not Reported:** $38614.64

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -263.906371700000 | **1-Year:** -5549.147290200000 | **5-Year:** -30579.137704600000 | **10-Year:** -87851.326210000000 | **30-Year:** -32008.411353100000

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

- **3-Month:** -22.469538300000 | **1-Year:** -782.509381800000 | **5-Year:** -3271.952556600000 | **10-Year:** -7812.646193500000 | **30-Year:** -4193.567026100000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024642 | 0.61%                | 1.42%                | -1.89%               |
| Class ID C000024644 | 0.54%                | 1.36%                | -1.95%               |
| Class ID C000051334 | 0.61%                | 1.42%                | -1.89%               |
| Class ID C000191101 | 0.63%                | 1.45%                | -1.88%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-196632.97              | $923750.38                                 |
| Month 2  | $-269065.46              | $2637641.28                                |
| Month 3  | $192587.22               | $-4997904.57                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BIRMINGHAM ALA SPL CARE FACS FING AUTH                     | Alabama Special Care Facilities Financing Authority-Birmingham AL             | CUSIP: 090929GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2616414.75   | 1.24%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                              | State of Washington                                                           | CUSIP: 93974E3E4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077561.40   | 0.99%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | State of Illinois                                                             | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1043461.91   | 0.50%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                             | Black Belt Energy Gas District                                                | CUSIP: 09182TGW1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059184.90   | 0.50%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND ORE                                          | Port of Portland OR Airport Revenue                                           | CUSIP: 7352404H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1530146.70   | 0.73%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                               | Ohio Air Quality Development Authority                                        | CUSIP: 677525XD4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1347009.07   | 0.64%             | 2040-06-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)   | New Hope Cultural Education Facilities Finance Corp                           | CUSIP: 64542UHY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989694.20    | 0.47%             | 2055-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA INDL DEV AUTH                          | Miami-Dade County Industrial Development Authority                            | CUSIP: 59333EEC3<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1218650.90   | 0.58%             | 2037-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                          | District of Columbia                                                          | CUSIP: 25477GPP4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1595749.08   | 0.76%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA (MN), STATE OF                                   | State of Minnesota                                                            | CUSIP: 60412AM59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2761913.67   | 1.31%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                        | Indiana Finance Authority                                                     | CUSIP: 45470YFY2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1592659.35   | 0.76%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORTLAND ORE                                               | CITY OF PORTLAND OR SEWER SYSTEM REVENUE                                      | CUSIP: 736742K71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540167.75   | 0.73%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)              | New York Transportation Development Corp                                      | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096500.00   | 0.52%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTHAMPTON COUNTY GENERAL PURPOSE AUTHORITY (PA)          | NORTHAMPTON CO AUTH                                                           | CUSIP: 66353RCF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1687215.20   | 0.80%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                          | DISTRICT OF COLUMBIA                                                          | CUSIP: 25483VQY3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2031612.12   | 0.97%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS TENN LT GAS & WTR DIV                              | City of Memphis TN Memphis Light Gas & Water Division Electric System Revenue | CUSIP: 586187AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030932.00   | 0.49%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                                                   | State of Texas                                                                | CUSIP: 882725DF8<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079250.80   | 0.51%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY (OH)        | Buckeye Tobacco Settlement Financing Authority                                | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $806344.70    | 0.38%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX                                                 | TX AUSUTL 5 11/15/2045                                                        | CUSIP: 052477R65<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1383656.30   | 0.66%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                               | OH OHSEDU 01/01/2039                                                          | CUSIP: 67756DBD7<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.48%             | 2039-01-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TEX INTL ARPT                            | Dallas Fort Worth International Airport                                       | CUSIP: 23503CBM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1695061.08   | 0.81%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                        | WI PUBMED 10/01/2055                                                          | CUSIP: 74447GAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3450000.00   | 1.64%             | 2055-10-01      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                    | NY NYSHSG 11/01/2046                                                          | CUSIP: 64986UA72<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600000.00    | 0.29%             | 2046-11-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY (UT), CITY OF                               | City of Salt Lake City UT Airport Revenue                                     | CUSIP: 795576NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3164264.40   | 1.50%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF                                           | University of California                                                      | CUSIP: 91412HVY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039857.70   | 0.49%             | 2053-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                    | New York City Transitional Finance Authority Future Tax Secured Revenue       | CUSIP: 64971XX94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $929855.50    | 0.44%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                    | City & County of Denver CO Airport System Revenue                             | CUSIP: 249182QW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902212.70    | 0.43%             | 2047-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                            | New Jersey Transportation Trust Fund Authority                                | CUSIP: 64613CHR2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046276.70   | 0.50%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                | San Francisco City & County Airport Comm-San Francisco International Airport  | CUSIP: 79766DVF3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1607822.70   | 0.76%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH                                              | Iowa Finance Authority                                                        | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1689308.55   | 0.80%             | 2050-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII STATE DEPARTMENT OF BUDGET & FINANCE (HI)           | State of Hawaii Department of Budget & Finance                                | CUSIP: 419800QR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529401.35    | 0.25%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                        | Indianapolis Local Public Improvement Bond Bank                               | CUSIP: 45528U7K1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3076459.80   | 1.46%             | 2067-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                    | New York City Transitional Finance Authority Future Tax Secured Revenue       | CUSIP: 64972JSE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450000.00    | 0.21%             | 2054-11-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRDG & TUNL AUTH N Y                            | TRIBOROUGH BRIDGE & TUNNEL AUTHORITY                                          | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040877.70   | 0.50%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII (HI), STATE OF                                      | State of Hawaii Airports System Revenue                                       | CUSIP: 419794J37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $770758.95    | 0.37%             | 2051-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD (TX)                         | Texas Water Development Board                                                 | CUSIP: 88285AGC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1870453.80   | 0.89%             | 2059-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ANN ARBOR MICH SCH DIST PUB SCHS                           | Ann Arbor School District                                                     | CUSIP: 035519ZG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112747.70   | 0.53%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                          | MICHIGAN FIN AUTH-RE 5.5                                                      | CUSIP: 59447NBC9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    570000 | PA      | $592558.15    | 0.28%             | 2049-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL TRAN AUTH                                      | Chicago Transit Authority Sales Tax Receipts Fund                             | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013672.00   | 0.48%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH                                      | Oklahoma Development Finance Authority                                        | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1460291.55   | 0.69%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTH CALIF                                   | BAY AREA TOLL AUTHORITY                                                       | CUSIP: 072024ST0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502037.60   | 0.71%             | 2036-04-01      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                        | Indiana Finance Authority                                                     | CUSIP: 45506EPA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257618.38   | 0.60%             | 2055-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD                                | New Orleans Aviation Board                                                    | CUSIP: 64763HMS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1812482.99   | 0.86%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP                         | New Hope Cultural Education Facilities Finance Corp                           | CUSIP: 64542UHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1157576.52   | 0.55%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (AL)        | Mobile County Industrial Development Authority                                | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $917753.40    | 0.44%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HONOLULU (HI), CITY & COUNTY OF                            | City & County of Honolulu HI                                                  | CUSIP: 438687R56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2271048.40   | 1.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEATTLE WASH                                               | City of Seattle WA Municipal Light & Power Revenue                            | CUSIP: 812643F33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1258694.88   | 0.60%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL MET WTR RECLAMATION DIST                       | Metropolitan Water Reclamation District of Greater Chicago                    | CUSIP: 167560XK2<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1966714.69   | 0.94%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                               | OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                        | CUSIP: 67754AAE4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1375249.20   | 0.65%             | 2048-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                          | California Community Choice Financing Authority                               | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1585649.40   | 0.75%             | 2056-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                             | State of Connecticut                                                          | CUSIP: 20772KB32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084460.50   | 0.52%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE COUNTY AIRPORT AUTHORITY (MI)                        | Wayne County Airport Authority                                                | CUSIP: 944514ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085098.80   | 0.99%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY (PA)  | Pennsylvania Higher Educational Facilities Authority                          | CUSIP: 70917TRX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018791.20   | 0.96%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH REDEVELOPMENT AGENCY (FL)                      | Miami Beach Redevelopment Agency                                              | CUSIP: 593237GL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $780369.68    | 0.37%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA WTR & SWR AUTH                           | DC DISUTL 10/01/2060                                                          | CUSIP: 254845VW7<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600000.00    | 0.29%             | 2060-10-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA) | Pennsylvania Economic Development Financing Authority                         | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1294802.13   | 0.62%             | 2062-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)        | Arizona Industrial Development Authority                                      | CUSIP: 04052FAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013154.20   | 0.48%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | State of Illinois                                                             | CUSIP: 452153FF1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060838.20   | 0.50%             | 2039-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE (NC), CITY OF                                    | City of Charlotte NC Airport Revenue                                          | CUSIP: 161036VX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2481736.52   | 1.18%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT GTR CINCINNATI DEV AUTH OHIO                          | Port of Greater Cincinnati Development Authority                              | CUSIP: 734191BG3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501041.90    | 0.24%             | 2060-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH                             | West Virginia Hospital Finance Authority                                      | CUSIP: 956622X25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528354.05    | 0.25%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA STAD & EXPOSITION DIST                           | Louisiana Stadium & Exposition District                                       | CUSIP: 546410CX7<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3080191.20   | 1.47%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                      | New Hampshire Business Finance Authority                                      | CUSIP: 63607YCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095284.40   | 0.52%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA                    | Metropolitan Atlanta Rapid Transit Authority                                  | CUSIP: 591746BZ4<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529913.70    | 0.25%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                      | Chicago O'Hare International Airport                                          | CUSIP: 167593Y22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022049.80   | 0.96%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                               | Massachusetts Development Finance Agency                                      | CUSIP: 57585BEX2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003025.70   | 0.48%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON D C MET AREA TRAN AUTH                          | Washington Metropolitan Area Transit Authority Dedicated Revenue              | CUSIP: 93878YDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016333.80   | 0.48%             | 2054-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                            | Kentucky Public Energy Authority                                              | CUSIP: 74440DDT8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2085502.69   | 0.99%             | 2052-08-01      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| ALLEN CNTY OHIO                                            | County of Allen OH Hospital Facilities Revenue                                | CUSIP: 01757LHF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $697224.65    | 0.33%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST                                   | School District of Philadelphia/The                                           | CUSIP: 717883B92<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1775143.77   | 0.84%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA (PA), STATE OF                                | Commonwealth of Pennsylvania                                                  | CUSIP: 70914PZ62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2142923.40   | 1.02%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH & ED FACS AUTH                        | New Hampshire Health and Education Facilities Authority Act                   | CUSIP: 64461XMF9<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023387.40   | 0.49%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE BUILDING AUTHORITY (MI)                              | Michigan State Building Authority                                             | CUSIP: 594615NP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1764786.06   | 0.84%             | 2039-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                            | Kentucky Public Energy Authority                                              | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052427.90   | 0.50%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX HOSP DIST                                  | Harris County Hospital District                                               | CUSIP: 41415UCC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049432.50   | 0.50%             | 2050-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                        | Port Authority of New York & New Jersey                                       | CUSIP: 73358XQU9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1683756.18   | 0.80%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF REGENTS OF TEXAS STATE UNIVERSITY SYSTEM (TX)     | Texas State University System                                                 | CUSIP: 88278PJ96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043132.10   | 0.50%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                          | District of Columbia Income Tax Revenue                                       | CUSIP: 25477GYP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529453.80    | 0.25%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP                         | New Hope Cultural Education Facilities Finance Corp                           | CUSIP: 645424BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073731.60   | 0.51%             | 2049-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                         | New York City Municipal Water Finance Authority                               | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087741.60   | 0.99%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEPT TRANSN                                      | State of Kansas Department of Transportation                                  | CUSIP: 485424UA1<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103763.30   | 0.52%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE TRANSN FUNDING REV                     | Commonwealth of Massachusetts Transportation Fund Revenue                     | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3079880.40   | 1.46%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON D C MET AREA TRAN AUTH                          | Washington Metropolitan Area Transit Authority Dedicated Revenue              | CUSIP: 93878YDY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1842914.40   | 0.88%             | 2059-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SAVANNAH-GEORGIA CONVENTION CTR AUTH                       | Savannah Georgia Convention Center Authority                                  | CUSIP: 804828AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $386822.80    | 0.18%             | 2061-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | State of Illinois                                                             | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    890000 | PA      | $916336.61    | 0.44%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP      | Texas Private Activity Bond Surface Transportation Corp                       | CUSIP: 882667BX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016762.00   | 0.48%             | 2058-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | State of Illinois                                                             | CUSIP: 452153HN2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034190.30   | 0.49%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                        | Wisconsin Health & Educational Facilities Authority                           | CUSIP: 97712JMS9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023861.80   | 0.49%             | 2050-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO, COMMONWEALTH OF                               | Commonwealth of Puerto Rico                                                   | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1157143 | PA      | $775285.71    | 0.37%             | 2043-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                            | City of Philadelphia PA                                                       | CUSIP: 717813XP9<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086617.60   | 0.99%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP                           | Kalamazoo Economic Development Corp                                           | CUSIP: 483228EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985734.90    | 0.47%             | 2031-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES UNIFIED SCHOOL DISTRICT (CA)                   | Los Angeles Unified School District/CA                                        | CUSIP: 544647GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2130842.80   | 1.01%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN                              | North Carolina Medical Care Commission                                        | CUSIP: 65821DZS3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083617.40   | 0.52%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                             | Black Belt Energy Gas District                                                | CUSIP: 09182TBD8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2995416.60   | 1.42%             | 2053-04-01      | Floating      | 3.07%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA (PA), CITY OF                                 | Philadelphia Gas Works Co                                                     | CUSIP: 71783MDF9<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1299302.50   | 0.62%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP      | Texas Private Activity Bond Surface Transportation Corp                       | CUSIP: 882667CH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050393.70   | 0.50%             | 2039-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE (NC), CITY OF                                    | City of Charlotte NC Water & Sewer System Revenue                             | CUSIP: 161045RU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2109984.60   | 1.00%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST TRUNK LINE                                     | State of Michigan Trunk Line Revenue                                          | CUSIP: 5946954R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066361.80   | 0.51%             | 2049-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)              | New York Transportation Development Corp                                      | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048044.00   | 0.50%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FLA HEALTH FACS AUTH                          | Alachua County Health Facilities Authority                                    | CUSIP: 010684BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555596.15   | 0.74%             | 2053-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA) | Pennsylvania Economic Development Financing Authority                         | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043579.40   | 0.50%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY       | TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP I                               | CUSIP: 88256CAT6<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2062578.86   | 0.98%             | 2026-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTH TEX TWY AUTH                                         | North Texas Tollway Authority                                                 | CUSIP: 66285WJ56<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    500000 | PA      | $545465.80    | 0.26%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOUDOUN (VA), COUNTY OF                                    | County of Loudoun VA                                                          | CUSIP: 54589TMA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2063647.00   | 0.98%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WATERTOWN MASS                                             | Town of Watertown MA                                                          | CUSIP: 942044A73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $914803.70    | 0.44%             | 2054-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                        | Public Finance Authority                                                      | CUSIP: 74442PL29<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004994.00   | 0.48%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                        | WI WISMED 12/01/2033                                                          | CUSIP: 97710BDK5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.24%             | 2033-12-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                        | Indianapolis Local Public Improvement Bond Bank                               | CUSIP: 45528VFS3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028814.80   | 0.49%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                        | County of Miami-Dade FL Aviation Revenue                                      | CUSIP: 593340AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028983.00   | 0.49%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                  | Colorado Health Facilities Authority                                          | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $877258.50    | 0.42%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA) | Pennsylvania Economic Development Financing Authority                         | CUSIP: 70870JFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1735246.60   | 0.83%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                    | Lower Colorado River Authority                                                | CUSIP: 54811GR85<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    575000 | PA      | $618640.83    | 0.29%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                        | Public Finance Authority                                                      | CUSIP: 74442PF67<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025395.30   | 0.49%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | IL ILS 5.25 04/01/2044                                                        | CUSIP: 452153RF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3165055.50   | 1.51%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                          | Port of Seattle WA                                                            | CUSIP: 7353894D7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058362.40   | 0.50%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WEST JEFFERSON INDUSTRIAL DEVELOPMENT BOARD (AL)           | AL WESPOL 12/01/2038                                                          | CUSIP: 95345PAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 0.76%             | 2038-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                         | Chicago Board of Education Dedicated Capital Improvement Tax                  | CUSIP: 167510BJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $596354.12    | 0.28%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)           | San Diego County Regional Airport Authority                                   | CUSIP: 79739GTD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1665255.68   | 0.79%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOSTON MASS                                                | City of Boston MA                                                             | CUSIP: 100853M98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2761510.25   | 1.31%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP ILL                          | Sales Tax Securitization Corp                                                 | CUSIP: 79467BKG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054902.60   | 0.50%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKES OF SARASOTA CMNTY DEV DIST 2                         | Lakes of Sarasota Community Development District 2                            | CUSIP: 51207BAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $737797.13    | 0.35%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| COLUMBUS REGIONAL AIRPORT AUTHORITY (OH)                   | Columbus Regional Airport Authority                                           | CUSIP: 199546DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556701.35   | 0.74%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP                         | New Hope Cultural Education Facilities Finance Corp                           | CUSIP: 645424BR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.36%             | 2055-08-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                | TX HOUFAC 5 09/01/2045                                                        | CUSIP: 44237NMQ2<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    300000 | PA      | $316272.84    | 0.15%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELEC AUTH GA                                     | Municipal Electric Authority of Georgia                                       | CUSIP: 62620HAX0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996590.90    | 0.47%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HWY AUTH                                  | Illinois State Toll Highway Authority                                         | CUSIP: 452252PX1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062989.00   | 0.98%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                          | District of Columbia                                                          | CUSIP: 25484JDG2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15361.27     | 0.01%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA PUB PWR DIST NEB                                     | Omaha Public Power District                                                   | CUSIP: 682001LP5<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2145910.00   | 1.02%             | 2049-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AUTHORITY (NY)                 | Utility Debt Securitization Authority                                         | CUSIP: 91802RFM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1654760.85   | 0.79%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING CORP N Y                    | Suffolk Regional Off-Track Betting Co                                         | CUSIP: 86480TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $766284.83    | 0.36%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                      | Tulsa Municipal Airport Trust Trustees/OK                                     | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $273803.90    | 0.13%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY (AZ)             | Chandler Industrial Development Authority                                     | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031839.60   | 0.97%             | 2052-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)           | San Diego County Regional Airport Authority                                   | CUSIP: 79739GLZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1124270.16   | 0.53%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING CORP N Y                    | Suffolk Regional Off-Track Betting Co                                         | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016815.30   | 0.48%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSN COMMN ST HWY FD                               | Central Texas Turnpike System                                                 | CUSIP: 88283KBZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116391.50   | 0.53%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                             | Black Belt Energy Gas District                                                | CUSIP: 09182THB6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    775000 | PA      | $826948.02    | 0.39%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA)               | City of Los Angeles Department of Airports                                    | CUSIP: 544445S67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018624.10   | 0.48%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH                                               | City of Detroit MI                                                            | CUSIP: 2510934P2<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033792.10   | 0.49%             | 2045-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)      | PA DELAPT 09/01/2045                                                          | CUSIP: 245903AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650000.00    | 0.31%             | 2045-09-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA                        | Lakewood Ranch Stewardship District                                           | CUSIP: 51265KGH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2065922.00   | 0.98%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GRANITE CITY (IL), CITY OF                                 | City of Granite City IL                                                       | CUSIP: 387307AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971397.00    | 0.46%             | 2027-05-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                    | Lower Colorado River Authority                                                | CUSIP: 54811BR52<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043255.00   | 0.50%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                             | State of Connecticut Special Tax Revenue                                      | CUSIP: 207758YL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042733.20   | 0.50%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY SCH DIST NO 1                      | Denver City & County School District No 1                                     | CUSIP: 249174ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1357273.25   | 0.65%             | 2049-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                        | Public Finance Authority                                                      | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089505.80   | 0.52%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                 | Tarrant County Cultural Education Facilities Finance Corp                     | CUSIP: 87638THF3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2178942.00   | 1.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEVADA (NV), STATE OF                                      | State of Nevada                                                               | CUSIP: 641462SL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1757592.04   | 0.84%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUB INFRASTRUCTURE DIST UTAH       | Downtown Revitalization Public Infrastructure District                        | CUSIP: 26118TAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074847.20   | 0.51%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EL PASO INDEPENDENT SCHOOL DISTRICT (TX)                   | TX ELPSCD 4 08/15/2048                                                        | CUSIP: 283770PE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1091437.42   | 0.52%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUTTO INDEPENDENT SCHOOL DISTRICT (TX)                     | Hutto Independent School District                                             | CUSIP: 4484924U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3103199.70   | 1.48%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y                                | NY BUIGEN 5 12/15/2031                                                        | CUSIP: 12008EXW1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985238.60    | 0.47%             | 2031-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                             | Black Belt Energy Gas District                                                | CUSIP: 09182TGM3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041594.90   | 0.50%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                        | County of Miami-Dade FL Aviation Revenue                                      | CUSIP: 59333P7M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1567768.76   | 0.75%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY REGL ARPT AUTH              | Louisville Regional Airport Authority                                         | CUSIP: 546598AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200000.00   | 0.57%             | 2029-01-01      | Floating      | 2.65%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK SCHOOL DISTRICT N.5 (CO)                      | Arapahoe County School District No 5 Cherry Creek                             | CUSIP: 164555ED2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2200796.60   | 1.05%             | 2044-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH                                              | Iowa Finance Authority                                                        | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    500000 | PA      | $563102.85    | 0.27%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE COUNTY HEALTH FACILITIES AUTHORITY (FL)             | ORANGE COUNTY HEALTH FACILITIES AUTHORITY                                     | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032450.60   | 0.49%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY (AR)                | AR ARSDEV 09/01/2046                                                          | CUSIP: 04110FAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993091.70    | 0.47%             | 2046-09-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-22

**Name of Applicant:** Federated Hermes Municipal Bond Fund, Inc.

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Municipal Bond Fund, Inc.

**Title:** Chief Compliance Officer