# EDGAR Filing Document

**Accession Number:** 0001450445
**File Stem:** 0001450445-25-000003
**Filing Date:** 2025-9
**Character Count:** 206726
**Document Hash:** 4230035e539cbfd80f1c8fc187c04bf6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001450445-25-000003.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001450445-25-000003

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nuveen AMT-Free Municipal Value Fund
- **CENTRAL INDEX KEY:** 0001450445

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22253
- **FILM NUMBER:** 251346213

**BUSINESS ADDRESS:**
- **STREET 1:** 333 WEST WACKER DRIVE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 WEST WACKER DRIVE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nuveen Municipal Value Fund 2
- **DATE OF NAME CHANGE:** 20081120

## Nport-Ex

Portfolio of Investments July 31, 2025

NUW

(Unaudited)

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### LONG-TERM INVESTMENTS - 107.4%
279587141

#### MUNICIPAL BONDS - 107.4%
279587141

#### ALABAMA - 2.0%
$

2,000,000

Black Belt Energy Gas District, Alabama, Gas Project Revenue

Bonds, Prepay BP PLC, Series 2024D, (Mandatory Put 11/01/34)

.000

%

03/01/55

$

2,105,256

1,990,000

Black Belt Energy Gas District, Alabama, Gas Project Revenue

Bonds, Series 2024C, (Mandatory Put 7/01/31)

.000

05/01/55

2,098,856

1,000,000

Southeast Alabama Gas Supply District, Alabama, Gas Supply

Revenue Bonds, Project 2, Refunding Series 2024B, (Mandatory

Put 5/01/32)

.000

06/01/49

1,056,775

TOTAL ALABAMA

5,260,887

#### ARIZONA - 1.6%
1,000,000

Arizona Board of Regents, University of Arizona, System

Revenue Bonds, Green Series 2016B

.000

06/01/46

1,012,855

3,045,000

Salt Verde Financial Corporation, Arizona, Senior Gas Revenue

Bonds, Citigroup Energy Inc Prepay Contract Obligations,

Series 2007

.000

12/01/37

3,165,856

TOTAL ARIZONA

4,178,711

#### CALIFORNIA - 11.0%
1,730,000

Anaheim Public Financing Authority, California, Lease Revenue

Bonds, Public Improvement Project, Series 1997C - AGM

Insured

.000

09/01/30

1,473,994

1,250,000

Burbank-Glendale-Pasadena Airport Authority, California,

Airport Revenue Bonds, Senior Series 2024A - AGM Insured

.000

07/01/54

1,074,907

1,170,000

California Health Facilities Financing Authority, Revenue Bonds,

Adventist Health System/West, Series 2024A

.250

12/01/42

1,177,013

340,000

(a) California Pollution Control Financing Authority, Water

Furnishing Revenue Bonds, San Diego County Water Authoriity

Desalination Project Pipeline, Refunding Series 2019

.000

07/01/39

342,498

2,500,000

(b) Los Angeles, California, Wastewater System Revenue Bonds,

Subordinate Series 2025A, (UB)

.250

06/01/50

2,604,468

450,000

M-S-R Energy Authority, California, Gas Revenue Bonds,

Citigroup Prepay Contracts, Series 2009A

.500

11/01/39

532,690

10,200,000

Palomar Pomerado Health, California, General Obligation

Bonds, Series 2009A - AGC Insured

.000

08/01/38

11,123,119

1,030,000

Poway Unified School District, San Diego County, California,

General Obligation Bonds, School Facilities Improvement

District 2007-1, Series 2011A

.000

08/01/35

711,143

12,955,000

San Ysidro School District, San Diego County, California,

General Obligation Bonds, 1997 Election Series 2012G - AGM

Insured

.000

08/01/35

8,644,246

1,000,000

Southern California Public Power Authority, California, Revenue

Bonds, Clean Energy Project Revenue Bonds, Series 2024A,

(Mandatory Put 9/01/30)

.000

04/01/55

1,046,706

TOTAL CALIFORNIA

28,730,784

#### COLORADO - 5.6%
375,000

Bennett, Colorado, Wastewater Revenue Bonds, Series 2024

.000

12/01/44

385,459

1,370,000

Cherry Hills City Metropolitan District, Arapahoe County,

Colorado, General Obligation Limited Tax Bonds, Convertible

to Unlimited Tax Series 2020A-3

.000

12/01/47

1,224,524

1,635,000

Colorado Bridge and Tunnel Enterprise, Colorado, Senior

Infrastructure Revenue Bonds, Series 2025A

.250

12/01/54

1,663,544

1,500,000

Denver Convention Center Hotel Authority, Colorado, Revenue

Bonds, Convention Center Hotel, Refunding Senior Lien Series

2016

.000

12/01/36

1,506,081

1,750,000

Denver Health and Hospitals Authority, Colorado, Healthcare

Revenue Bonds, Series 2019A

.000

12/01/38

1,594,972

5,885,000

E-470 Public Highway Authority, Colorado, Toll Revenue Bonds,

Series 2004A - NPFG Insured

.000

09/01/34

4,180,125

1,370,000

(a) Glen Metropolitan District 3, El Paso County, Colorado, General

Obligation Limited Tax Bonds, Series 2021

.250

12/01/51

1,051,541

Portfolio of Investments July 31, 2025

(continued)

NUW

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### COLORADO
(continued)

$

200,000

Hunters Overlook Metropolitan District 5, Severance, Weld

County, Colorado, Limited Tax General Obligation Bonds,

Refunding Series 2024

.000

%

12/01/44

$

202,551

1,000,000

Public Authority for Colorado Energy, Natural Gas Purchase

Revenue Bonds, Colorado Springs Utilities, Series 2008

.500

11/15/38

1,165,743

1,500,000

Vale, Colorado, Certificates of Participation, Series 2025

.375

12/01/55

1,540,420

TOTAL COLORADO

14,514,960

#### DISTRICT OF COLUMBIA - 0.3%
725,000

Washington Metropolitan Area Transit Authority, District of

Columbia, Dedicated Revenue Bonds, Series 2020A

.000

07/15/45

725,453

TOTAL DISTRICT OF COLUMBIA

725,453

#### FLORIDA - 4.0%
2,000,000

Banyan Cay Community Development District, West Palm

Beach, Florida, Special Assessment Bonds, 2020-1

.000

11/01/51

1,533,236

1,655,000

Fort Myers, Florida, Utility System Revenue Bonds, Refunding

Series 2019A

.000

10/01/49

1,414,336

500,000

Gainesville, Florida, Utilities System Revenue Bonds, Series

2017A

.000

10/01/36

513,739

1,000,000

Highlands County Health Facilities Authority, Florida, Hospital

Revenue Bonds, Adventist Health Obligated Group, Series

2024C, (Mandatory Put 11/15/31)

.000

11/15/59

1,099,497

1,500,000

Hillsborough County Industrial Development Authority, Florida,

Health System Revenue Bonds, BayCare Health System Series

2024C

.250

11/15/49

1,528,445

1,965,000

Miami-Dade County, Florida, Water and Sewer System

Revenue Bonds, Series 2024A

.250

10/01/54

2,008,456

1,665,000

(c) Peace River Manasota Regional Water Supply Authority,

Florida, Utility System Revenue Bonds, Series 2025A

.250

10/01/50

1,719,992

510,000

Putnam County Development Authority, Florida, Pollution

Control Revenue Bonds, Seminole Electric Cooperatice, Inc.

Project, Refunding Series 2018B

.000

03/15/42

507,990

TOTAL FLORIDA

10,325,691

#### GEORGIA - 2.3%
2,000,000

Gainesville and Hall County Hospital Authority, Georgia,

Revenue Anticipation Certificates, Northeast Georgia Health

Services Inc., Series 2017B

.250

02/15/45

2,003,002

1,145,000

Main Street Natural Gas Inc., Georgia, Gas Supply Revenue

Bonds, Series 2024D, (Mandatory Put 4/01/31)

.000

04/01/54

1,214,843

1,470,000

Municipal Electric Authority of Georgia, Plant Vogtle Units 3 &

4 Project J Bonds, Series 2019A - BAM Insured

.000

01/01/49

1,470,280

1,790,000

Municipal Electric Authority of Georgia, Project One Revenue

Bonds, Subordinate Lien Series 2015A

.000

01/01/32

1,379,382

TOTAL GEORGIA

6,067,507

#### ILLINOIS - 7.9%
2,000,000

Chicago Board of Education, Illinois, Dedicated Capital

Improvement Tax Revenue Bonds, Series 2016

.000

04/01/46

2,023,937

7,500,000

Illinois Finance Authority, Revenue Bonds, University of

Chicago, Series 2023A

.250

05/15/54

7,541,405

375,000

(d) Illinois Finance Authority, State of Illinois Clean Water Initiative

Revolving Fund Revenue Bonds, Series 2017, (Pre-refunded

1/01/27)

.000

07/01/37

386,487

1,100,000

Illinois State, General Obligation Bonds, May Series 2024B

.250

05/01/48

1,100,558

1,500,000

Illinois State, General Obligation Bonds, November Series

2017D

.000

11/01/27

1,568,739

525,000

Illinois State, General Obligation Bonds, October Series 2016

.000

02/01/27

541,626

495,000

Metropolitan Pier and Exposition Authority, Illinois, McCormick

Place Expansion Project Bonds, Refunding Series 2020A

.000

06/15/50

395,947

500,000

Metropolitan Pier and Exposition Authority, Illinois, McCormick

Place Expansion Project Bonds, Refunding Series 2024B

.000

06/15/53

485,323

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### ILLINOIS
(continued)

$

11,420,000

Metropolitan Pier and Exposition Authority, Illinois, Revenue

Bonds, McCormick Place Expansion Project, Series 2002A -

NPFG Insured

.000

%

12/15/37

$

6,489,602

TOTAL ILLINOIS

20,533,624

#### KENTUCKY - 4.5%
1,000,000

Kentucky Bond Development Corporation, Transient Room Tax

Revenue Bonds, Lexington Center Corporation Project, Series

2018A

.000

09/01/43

1,004,495

1,000,000

Kentucky Economic Development Finance Authority, Revenue

Bonds, CommonSpirit Health, Series 2019A-1

.000

08/01/32

1,051,690

3,795,000

Kentucky Economic Development Finance Authority, Revenue

Bonds, CommonSpirit Health, Series 2019A-1

.000

08/01/44

3,718,451

4,050,000

Kentucky Economic Development Finance Authority, Revenue

Bonds, Next Generation Kentucky Information Highway Project,

Senior Series 2015A

.000

01/01/45

3,964,603

1,080,000

Kentucky Public Transportation Infrastructure Authority, Toll

Revenue Bonds, Downtown Crossing Project, Refunding First

Tier Series 2021B - AGM Insured

.000

07/01/53

896,717

1,050,000

Public Energy Authority of Kentucky, Gas Supply Revenue

Bonds, Refunding Series 2024B, (Mandatory Put 8/01/32)

.000

01/01/55

1,111,095

TOTAL KENTUCKY

11,747,051

#### MAINE - 0.9%
2,425,000

University of Maine, System Revenue Bonds, Series 2022

.000

03/01/47

2,433,576

TOTAL MAINE

2,433,576

#### MARYLAND - 4.4%
3,420,000

Baltimore, Maryland, Convention Center Hotel Revenue Bonds,

Refunding Series 2017

.000

09/01/33

3,448,819

1,000,000

Maryland Health and Higher Educational Facilities Authority,

Revenue Bonds, Lifebridge Health Issue Series 2023

.000

07/01/54

989,104

5,000,000

Maryland Health and Higher Educational Facilities Authority,

Revenue Bonds, MedStar Health Issue, Series 2017A

.000

05/15/45

4,948,406

2,105,000

Maryland Health and Higher Educational Facilities Authority,

Revenue Bonds, Meritus Medical Center Inc Series 2025

.000

07/01/55

2,065,399

TOTAL MARYLAND

11,451,728

#### MASSACHUSETTS - 1.9%
5,000,000

(b) Massachusetts State, General Obligation Bonds, Consolidated

Series 2024B, (UB)

.000

05/01/54

5,037,661

TOTAL MASSACHUSETTS

5,037,661

#### MICHIGAN - 2.5%
1,000,000

Michigan Finance Authority, Distributable State Aid Revenue

Bonds, Charter County of Wayne Criminal Justice Center

Project, Senior Lien Series 2018

.000

11/01/43

1,001,119

2,500,000

Michigan Finance Authority, Distributable State Aid Revenue

Bonds, Charter County of Wayne, Second Lien Refunding

Series 2020 - BAM Insured

.000

11/01/55

2,045,639

3,480,000

(b) Michigan State Building Authority, Revenue Bonds, Facilities

Program, Refunding Series 2025I, (UB)

.250

10/15/50

3,570,106

TOTAL MICHIGAN

6,616,864

#### MINNESOTA - 0.8%
1,145,000

Rochester, Minnesota, Electric Utility Revenue Bonds,

Refunding Series 2017A

.000

12/01/47

1,162,562

1,000,000

University of Minnesota, General Obligation Bonds, Series

2016A

.000

04/01/41

1,005,827

TOTAL MINNESOTA

2,168,389

#### NEBRASKA - 0.8%
2,000,000

Omaha Public Power District, Nebraska, Separate Electric

System Revenue Bonds, Nebraska City 2, Series 2015A

.250

02/01/42

2,001,740

TOTAL NEBRASKA

2,001,740

Portfolio of Investments July 31, 2025

(continued)

NUW

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### NEVADA - 1.6%
$

4,000,000

Las Vegas Convention and Visitors Authority, Nevada, Revenue

Bonds, Series 2018C

.250

%

07/01/43

$

4,031,459

25,000

(a) Sparks, Nevada, Sales Tax Revenue Bonds, Tourism

Improvement District 1 Legends at Sparks Marina, Refunding

Senior Series 2019A

.750

06/15/28

24,537

TOTAL NEVADA

4,055,996

#### NEW JERSEY - 6.8%
80,000

Cumberland County Improvement Authority, New Jersey,

Guaranteed Lease Revenue Bonds, County Correctional Facility

Project, Series 2018 - BAM Insured

.000

10/01/43

72,594

125,000

Delaware River Port Authority, New Jersey and Pennsylvania,

Revenue Bonds, Series 2018A

.000

01/01/38

129,269

35,000

Harrison, New Jersey, General Obligation Bonds, Parking Utility

Series 2018 - BAM Insured

.125

03/01/31

34,772

30,000

Harrison, New Jersey, General Obligation Bonds, Parking Utility

Series 2018 - BAM Insured

.250

03/01/32

29,702

50,000

Harrison, New Jersey, General Obligation Bonds, Parking Utility

Series 2018 - BAM Insured

.500

03/01/36

48,614

25,000

New Jersey Economic Development Authority, Charter School

Revenue Bonds, Foundation Academy Charter School, Series

2018A

.000

07/01/38

24,079

220,000

New Jersey Economic Development Authority, Charter School

Revenue Bonds, North Star Academy Charter School of

Newark, Series 2017

.000

07/15/37

206,995

25,000

New Jersey Economic Development Authority, Charter School

Revenue Bonds, North Star Academy Charter School of

Newark, Series 2017

.000

07/15/47

23,822

100,000

(a) New Jersey Economic Development Authority, Charter School

Revenue Bonds, Teaneck Community Charter School, Series

2017A

.125

09/01/52

91,857

35,000

New Jersey Economic Development Authority, Fixed Rate

Revenue Bonds, Lions Gate Project, Series 2014

.250

01/01/44

31,205

100,000

New Jersey Economic Development Authority, Lease Revenue

Bonds, State House Project, Series 2017B

.500

06/15/40

96,603

125,000

New Jersey Economic Development Authority, Revenue Bonds,

Motor Vehicle Surcharge, Refunding Subordinate Series 2017A

.375

07/01/30

122,472

55,000

New Jersey Economic Development Authority, Revenue

Bonds, Provident Group - Kean Properties LLC - Kean University

Student Housing Project, Series 2017A

.000

07/01/47

49,237

100,000

New Jersey Economic Development Authority, Revenue Bonds,

Provident Group - Rowan Properties LLC - Rowan University

Student Housing Project, Series 2015A

.000

01/01/48

88,541

155,000

New Jersey Economic Development Authority, Revenue

Bonds, West Campus Housing LLC - New Jersey City University

Student Housing Project, Series 2015

.000

07/01/47

130,826

98,304

(a) New Jersey Economic Development Authority, Revenue Bonds,

White Horse HMT Urban Renewal LLC Project, Series 2020

.000

01/01/40

68,051

935,000

New Jersey Economic Development Authority, School Facilities

Construction Bonds, Series 2005N-1 - NPFG Insured

.500

09/01/27

993,551

100,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Kean University, Refunding Series 2015H - AGM Insured

.000

07/01/39

95,827

5,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Rider University, Series 2017F

.750

07/01/37

3,694

100,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Rider University, Series 2017F

.000

07/01/42

69,077

100,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Rider University, Series 2017F

.000

07/01/47

74,332

75,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Seton Hall University, Series 2013D

.000

07/01/38

75,009

435,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Seton Hall University, Series 2016C

.000

07/01/41

335,039

25,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Seton Hall University, Series 2016C

.000

07/01/46

20,825

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### NEW JERSEY
(continued)

$

200,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Stevens Institute of Technology, Series 2017A

.000

%

07/01/47

$

169,801

30,000

New Jersey Educational Facilities Authority, Revenue Bonds,

Stevens Institute of Technology, Series 2017A

.000

07/01/47

29,381

150,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Hackensack Meridian Health Obligated Group,

Refunding Series 2017A

.000

07/01/57

145,950

110,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Hunterdon Medical Center, Refunding Series 2014A

.000

07/01/45

92,653

360,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Inspira Health Obligated Group Issue, Series 2017A

.000

07/01/42

358,618

2,000,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Inspira Health Obligated Group Issue, Series 2024A

.250

07/01/49

2,048,513

1,875,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Inspira Health Obligated Group Issue, Series 2024A

.125

07/01/54

1,574,677

30,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Princeton HealthCare System, Series 2016A

.000

07/01/34

30,411

125,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, RWJ Barnabas Health Obligated Group, Refunding

Series 2016A

.000

07/01/43

122,465

10,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Saint Joseph's Healthcare System Obligated Group

Issue, Refunding Series 2016

.000

07/01/32

9,122

405,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Saint Joseph's Healthcare System Obligated Group

Issue, Refunding Series 2016

.000

07/01/48

326,956

130,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, University Hospital Issue, Refunding Series 2015A -

AGM Insured

.125

07/01/38

123,324

110,000

New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, University Hospital Issue, Refunding Series 2015A -

AGM Insured

.000

07/01/46

107,720

50,000

(a) New Jersey Health Care Facilities Financing Authority, Revenue

Bonds, Village Drive Healthcare Urban Renewal LLC, Series

2018

.750

10/01/38

35,923

120,000

New Jersey Housing and Mortgage Finance Agency,

Multifamily Revenue Bonds, Series 2015A

.000

11/01/45

102,594

270,000

New Jersey Housing and Mortgage Finance Agency,

Multifamily Revenue Bonds, Series 2016B

.600

11/01/40

243,322

435,000

New Jersey Housing and Mortgage Finance Agency,

Multifamily Revenue Bonds, Series 2018A

.875

11/01/38

402,070

125,000

New Jersey Housing and Mortgage Finance Agency, Single

Family Housing Revenue Bonds, Series 2018A

.600

04/01/33

122,373

75,000

New Jersey Housing and Mortgage Finance Agency, Single

Family Housing Revenue Bonds, Series 2018A

.750

10/01/35

71,914

665,000

New Jersey Housing and Mortgage Finance Agency, Single

Family Housing Revenue Bonds, Series 2019C

.950

10/01/44

597,491

4,020,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Capital Appreciation Series 2010A

.000

12/15/31

3,247,200

2,170,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2009A

.000

12/15/39

1,102,342

255,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2015AA

.250

06/15/41

254,992

50,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2019A

.000

12/15/39

46,145

225,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2019BB

.500

06/15/46

175,634

100,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2019BB

.000

06/15/50

84,434

30,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2020AA

.000

06/15/50

25,330

1,500,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2024CC

.250

06/15/55

1,520,588

Portfolio of Investments July 31, 2025

(continued)

NUW

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### NEW JERSEY
(continued)

$

215,000

Tobacco Settlement Financing Corporation, New Jersey,

Tobacco Settlement Asset-Backed Bonds, Series 2018A

.000

%

06/01/37

$

199,414

855,000

Tobacco Settlement Financing Corporation, New Jersey,

Tobacco Settlement Asset-Backed Bonds, Series 2018A

.250

06/01/46

849,581

395,000

Tobacco Settlement Financing Corporation, New Jersey,

Tobacco Settlement Asset-Backed Bonds, Series 2018B

.000

06/01/46

381,187

170,000

Union County Utilities Authority, New Jersey, Solid Waste

System County Deficiency Revenue Bonds, Series 2011A

.000

06/15/41

170,086

TOTAL NEW JERSEY

17,688,204

#### NEW YORK - 7.2%
1,000,000

Dormitory Authority of the State of New York, Revenue Bonds,

White Plains Hospital, Series 2024

.500

10/01/54

1,025,089

3,000,000

Liberty Development Corporation, New York, Goldman Sachs

Headquarters Revenue Bonds Series 2007

.500

10/01/37

3,398,933

1,500,000

Long Island Power Authority, New York, Electric System General

Revenue Bonds, Series 2017

.000

09/01/42

1,509,671

2,050,000

Long Island Power Authority, New York, Electric System General

Revenue Bonds, Series 2018

.000

09/01/39

2,109,753

1,390,000

Metropolitan Transportation Authority, New York,

Transportation Revenue Bonds, Green Climate Bond Certified

Series 2020C-1

.000

11/15/50

1,346,614

750,000

Metropolitan Transportation Authority, New York,

Transportation Revenue Bonds, Refunding Green Climate

Certified Series 2020E

.000

11/15/30

830,644

200,000

New York City Housing Development Corporation, New York,

Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Class

D Series 2024

.000

12/15/31

206,093

1,875,000

(c) New York City Transitional Finance Authority, New York, Future

Tax Secured Bonds, Subordinate Fiscal 2026 Subseries Series

A-1, (UB)

.000

05/01/54

1,881,997

1,450,000

New York City Transitional Finance Authority, New York, Future

Tax Secured Bonds, Subordinate Fiscal Series 2024A-1

.000

05/01/53

1,218,930

2,500,000

New York City Transitional Finance Authority, New York, Future

Tax Secured Bonds, Subordinate Fiscal Series 2025D

.500

05/01/52

2,621,944

1,230,000

New York City, New York, General Obligation Bonds, Fiscal

2021 Series C

.000

08/01/42

1,247,719

1,325,000

Triborough Bridge and Tunnel Authority, New York, Payroll

Mobility Tax Bonds, MTA Bridges and Tunnels, Senior Lien

Green Climate Bond Certified Series 2024B-2

.250

05/15/54

1,357,529

TOTAL NEW YORK

18,754,916

#### NORTH CAROLINA - 0.4%
285,000

Mebane, North Carolina, Combined Utilities Revenue Bonds,

Series 2024

.000

08/01/49

245,019

700,000

North Carolina Turnpike Authority, Triangle Expressway System

Revenue Bonds, Refunding Senior Lien Series 2017

.000

01/01/32

714,815

TOTAL NORTH CAROLINA

959,834

#### OHIO - 5.0%
8,560,000

Buckeye Tobacco Settlement Financing Authority, Ohio,

Tobacco Settlement Asset-Backed Revenue Bonds, Refunding

Senior Lien Series 2020B-2 Class 2

.000

06/01/55

6,962,972

3,095,000

Central Ohio Transit Authority, Ohio, General Obligation

Bonds, Capital Facilities Limited Tax Series 2023

.000

12/01/48

3,167,769

1,000,000

Ohio State, Hospital Revenue Bonds, Children's Hospital

Medical Center of Akron, Series 2024A

.250

08/15/48

1,033,599

1,005,000

Port of Greater Cincinnati Development Authority, Ohio, Duke

Energy Convention Center Project, TOT First Subordinate

Development Revenue Bonds, Refunding Series 2024B

.000

12/01/63

955,161

1,000,000

Tolles Career and Technical Center, Madison, Franklin,

Delaware, Fayette, and Union Counties, Ohio, Certificates of

Participation, School Facilities Project Series 2024

.250

12/01/53

1,007,368

TOTAL OHIO

13,126,869

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### OKLAHOMA - 1.0%
$

500,000

Oklahoma Development Finance Authority, Health System

Revenue Bonds, OU Medicine Project, Series 2018B

.500

%

08/15/57

$

471,116

600,000

Oklahoma Water Resources Board, Oklahoma, State Loan

Program Revenue Bonds, Series 2024C

.000

10/01/54

505,792

1,665,000

(c) Oklahoma Water Resources Board, Revolving Fund Revenue

Bonds-Clean Water Program, 2019 Master Trust, Series 2025A,

(UB)

.250

04/01/50

1,726,923

TOTAL OKLAHOMA

2,703,831

#### PENNSYLVANIA - 4.8%
50,000

(d) Allegheny County Higher Education Building Authority,

Pennsylvania, Revenue Bonds, Robert Morris University, Series

2017, (Pre-refunded 10/15/27)

.000

10/15/37

52,438

465,000

Allegheny County Hospital Development Authority,

Pennsylvania, Revenue Bonds, Allegheny Health Network

Obligated Group Issue, Series 2018A

.000

04/01/44

396,350

500,000

Allegheny County Sanitary Authority, Pennsylvania, Sewer

Revenue Bonds, Series 2024

.000

12/01/49

430,659

230,000

(a) Allentown Neighborhood Improvement Zone Development

Authority, Pennsylvania, Tax Revenue Bonds, City Center

Refunding Project, Series 2017

.000

05/01/42

222,371

155,000

Berks County Industrial Development Authority, Pennsylvania,

Healthcare Facilities Revenue Bonds, Highlands at Wyomissing,

Series 2017A

.000

05/15/42

149,095

20,000

Berks County Municipal Authority, Pennsylvania, Revenue

Bonds, Tower Health Project, Series 2024A-2

.000

06/30/34

20,900

266,000

Berks County Municipal Authority, Pennsylvania, Revenue

Bonds, Tower Health Project, Series 2024A-3

.000

06/30/39

241,129

133,000

(e) Berks County Municipal Authority, Pennsylvania, Revenue

Bonds, Tower Health Project, Series 2024B-1

.000

06/30/44

95,973

42,000

Berks County Municipal Authority, Pennsylvania, Revenue

Bonds, Tower Health Project, Taxable Series 2024A-1

.000

06/30/34

42,707

70,000

Bucks County Industrial Development Authority, Pennsylvania,

Revenue Bonds, School Lane Charter School Project, Series

2016

.125

03/15/36

70,265

75,000

Chester County Health and Education Facilities Authority,

Pennsylvania, Health System Revenue Bonds, Main Line Health

System, Series 2017A

.000

10/01/37

71,533

35,000

Chester County Health and Education Facilities Authority,

Pennsylvania, Revenue Bonds, Simpson Senior Services Project,

Series 2019

.000

12/01/51

26,528

20,000

Chester County Industrial Development Authority,

Pennsylvania, Avon Grove Charter School Revenue Bonds,

Series 2017A

.000

12/15/47

18,176

15,000

Chester County Industrial Development Authority,

Pennsylvania, Student Housing Revenue Bonds, University

Student Housing, LLC Project at West Chester University Series

2013A

.000

08/01/45

13,223

40,000

Commonwealth Financing Authority, Pennsylvania, State

Appropriation Lease Bonds, Master Settlement, Series 2018

.000

06/01/33

41,458

355,000

Commonwealth Financing Authority, Pennsylvania, State

Appropriation Lease Bonds, Master Settlement, Series 2018 -

AGM Insured

.000

06/01/39

331,846

70,000

Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Asbury Pennsylvania Obligated

Group, Refunding Series 2019

.000

01/01/45

60,216

40,000

Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2015

.000

01/01/33

38,223

45,000

Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2015

.000

01/01/38

44,178

100,000

Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2016

.000

01/01/29

100,219

Portfolio of Investments July 31, 2025

(continued)

NUW

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### PENNSYLVANIA
(continued)

$

25,000

Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2019A

.125

%

01/01/38

$

22,668

5,000

(d) Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2019A, (Pre-refunded 1/01/29)

.000

01/01/39

5,366

20,000

(d) Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2019A, (Pre-refunded 1/01/29)

.000

01/01/39

21,464

5,000

Cumberland County Municipal Authority, Pennsylvania,

Revenue Bonds, Diakon Lutheran Social Ministries Project,

Series 2019A

.000

01/01/39

4,891

30,000

Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds,

Misericordia University Project, Series 2019

.000

05/01/48

25,261

30,000

Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds,

Misericordia University, Series 2014

.000

05/01/37

28,484

245,000

Delaware River Joint Toll Bridge Commission, New Jersey and

Pennsylvania, Bridge System Revenue Bonds, Series 2017

.000

07/01/42

246,396

540,000

Delaware River Joint Toll Bridge Commission, New Jersey and

Pennsylvania, Bridge System Revenue Bonds, Series 2017

.000

07/01/47

540,121

40,000

(d) Doylestown Hospital Authority, Pennsylvania, Hospital Revenue

Bonds, Series 2016A, (Pre-refunded 7/01/26)

.000

07/01/41

40,770

185,000

Doylestown Hospital Authority, Pennsylvania, Hospital Revenue

Bonds, Series 2016A

.000

07/01/41

185,260

25,000

Doylestown Hospital Authority, Pennsylvania, Hospital Revenue

Bonds, Series 2019A

.000

07/01/45

21,661

150,000

Dubois Hospital Authority, Pennsylvania, Hospital Revenue

Bonds, Penn Highlands Healthcare, Series 2018

.000

07/15/48

128,166

25,000

Easton Area School District, Northampton County,

Pennsylvania, General Obligation Bonds, Series 2020B

.000

02/01/31

26,409

60,000

Erie Higher Education Building Authority, Pennsylvania,

Revenue Bonds, Gannon University, Series 2016

.000

05/01/46

46,490

35,000

Huntingdon County General Authority, Pennsylvania, Revenue

Bonds, Juniata College, Series 2016OO2

.500

05/01/41

27,156

40,000

Lancaster County Hospital Authority, Pennsylvania, Health

Center Revenue Bonds, Saint Anne's Retirement Community,

Inc., Series 2020

.000

03/01/50

31,241

100,000

Lehigh County General Purpose Authority, Pennsylvania,

Revenue Bonds, Good Shepherd Group, Refunding Series

2016

.000

11/01/41

87,401

50,000

Montgomery County Higher Education and Health Authority,

Pennsylvania, Revenue Bonds, Thomas Jefferson University,

Series 2018A

.000

09/01/48

48,678

90,000

Northampton County General Purpose Authority, Pennsylvania,

Revenue Bonds, Lafayette College, Refunding Series 2018

.000

11/01/38

85,287

55,000

Northampton County Industrial Development Authority,

Pennsylvania, Revenue Bonds, Morningstar Senior Living, Inc.,

Series 2019

.000

11/01/44

47,454

35,000

Pennsylvania Higher Educational Facilities Authority, Revenue

Bonds, University of the Sciences in Philadelphia, Series 2012

.000

11/01/39

31,185

60,000

Pennsylvania Higher Educational Facilities Authority, Revenue

Bonds, University of the Sciences in Philadelphia, Series 2012

.000

11/01/42

58,217

450,000

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Series 2016-121

.200

10/01/41

375,046

65,000

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Series 2017-123B

.450

10/01/32

64,514

45,000

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Series 2017-125B

.700

10/01/47

36,801

45,000

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Series 2020-133

.500

10/01/45

29,477

1,000,000

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2024-145A

.600

10/01/44

965,805

3,000,000

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2024-146A

.750

04/01/53

2,828,160

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### PENNSYLVANIA
(continued)

$

100,000

Pennsylvania Turnpike Commission, Motor License Fund-

Enhanced Turnpike Special Revenue Bonds, Subordinate

Series 2014A

.750

%

12/01/37

$

100,992

1,000,000

Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue

Bonds, Senior Lien Series 2021A

.000

12/01/51

830,714

100,000

Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue

Bonds, Subordinate Series 2018B

.000

12/01/48

99,194

585,000

Pennsylvania Turnpike Commission, Turnpike Revenue Bonds,

Series 2015B

.000

12/01/45

585,147

1,615,000

Pennsylvania Turnpike Commission, Turnpike Revenue Bonds,

Series 2024C

.250

12/01/54

1,655,353

50,000

Pennsylvania Turnpike Commission, Turnpike Revenue Bonds,

Subordinate Series 2019A

.000

12/01/49

41,554

25,000

(a) Philadelphia Authority for Industrial Development,

Pennsylvania, Charter School Revenue Bonds, Philadelphia

Performing Arts: A String Theory Charter School, Series 2020

.000

06/15/50

21,992

70,000

Philadelphia Authority for Industrial Development,

Pennsylvania, Revenue Bonds, La Salle University, Series 2017

.625

05/01/35

50,028

18,301

(a),(f)

Philadelphia Authority for Industrial Development,

Pennsylvania, Revenue Bonds, University of the Arts, Series

2017

.750

03/15/45

9,151

5,000

(a),(d),(f)

Philadelphia Authority for Industrial Development,

Pennsylvania, Revenue Bonds, University of the Arts, Series

2017, (Pre-refunded 3/15/28)

.000

03/15/45

5,313

100,000

Pittsburgh and Allegheny County Sports and Exhibition

Authority, Pennsylvania, Parking Revenue Bonds, Series 2017

.000

12/15/34

102,344

145,000

(d) Pottsville Hospital Authority, Pennsylvania, Hospital Revenue

Bonds, Lehigh Valley Health Network, Series 2016B, (Pre-

refunded 1/01/27)

.000

07/01/45

150,159

55,000

Pottsville Hospital Authority, Pennsylvania, Hospital Revenue

Bonds, Lehigh Valley Health Network, Series 2016B

.000

07/01/45

53,281

35,000

Rostraver Township, Westmoreland County, Pennsylvania,

General Obligation Bonds, Series 2018 - AGM Insured

.500

09/01/34

34,377

100,000

Scranton-Lackawanna Health and Welfare Authority,

Pennsylvania, University Revenue Bonds, Marywood University,

Series 2016

.000

06/01/46

80,808

10,000

The Redevelopment Authority of the City of Scranton,

Lackawanna county, Pennsylvania, Guaranteed Lease Revenue

Bonds, Series 2016A

.000

11/15/28

10,006

40,000

Upper Allegheny Joint Sanitary Authority, Allegheny County,

Pennsylvania, Sewer Revenue Bonds, Refunding Series 2019A

- AGM Insured

.000

09/01/44

30,752

145,000

Washington County Industrial Development Authority,

Pennsylvania, College Revenue Bonds, AICUP Financing

Program-Washington and Jefferson College Project, Series

2017-PP5

.375

11/01/36

124,531

15,000

Washington County Redevelopment Authority, Pennsylvania,

Tanger Outlet Victory Center Tax Increment Bonds, Series 2018

.000

07/01/35

14,706

TOTAL PENNSYLVANIA

12,527,718

#### PUERTO RICO - 3.1%
1,170,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Restructured 2018A-1

.000

07/01/33

848,195

1,739,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Restructured 2018A-1

.500

07/01/34

1,738,913

3,812,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Restructured 2018A-1

.000

07/01/58

3,489,186

710,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Restructured Cofina Project Series 2019A-2A

.550

07/01/40

671,507

1,360,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Taxable Restructured Cofina Project Series

2019A-2

.329

07/01/40

1,265,875

Portfolio of Investments July 31, 2025

(continued)

NUW

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### PUERTO RICO
(continued)

$

10,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Taxable Restructured Cofina Project Series

2019A-2

.329

%

07/01/40

$

9,308

49,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Taxable Restructured Cofina Project Series

2019A-2

.784

07/01/58

43,261

TOTAL PUERTO RICO

8,066,245

#### SOUTH CAROLINA - 3.3%
5,435,000

Piedmont Municipal Power Agency, South Carolina, Electric

Revenue Bonds, Series 2004A-2 - AGC Insured

.000

01/01/29

4,907,543

1,250,000

South Carolina Jobs-Economic Development Authority, Health

Care Facilities Revenue Bonds, McLeod Health Project, Series

2024

.250

11/01/54

1,281,935

1,000,000

South Carolina Jobs-Economic Development Authority, Health

Care Facilities Revenue Bonds, Novant Health Group, Series

2024A

.500

11/01/54

1,028,936

1,250,000

South Carolina Public Service Authority, Santee Cooper

Revenue Obligations, Refunding Series 2024B

.000

12/01/54

1,247,606

TOTAL SOUTH CAROLINA

8,466,020

#### TENNESSEE - 2.3%
4,000,000

The Tennessee Energy Acquisition Corporation, Gas Revenue

Bonds, Series 2006B

.625

09/01/26

4,074,796

2,160,000

West Wilson Utility District, Wilson County, Tennessee, Water

Revenue Bonds, Improvement Series 2022

.000

06/01/47

1,859,908

TOTAL TENNESSEE

5,934,704

#### TEXAS - 12.4%
500,000

Comal Independent School District, Comal, Bexar, Guadalupe,

Hays, and Kendall Counties, Texas, General Obligation Bonds,

Refunding School Building Series 2024

.000

02/15/49

429,991

500,000

Garland, Dallas, Collin and Rockwell Counties, Texas, Electric

Utility System Revenue Bonds, Refunding Series 2024

.000

03/01/50

504,033

830,000

(c) Georgetown Independent School District, Williamson County,

Texas, General Obligation Bonds, Refunding School Building

Series 2025

.250

02/15/48

858,307

1,665,000

(c) Georgetown Independent School District, Williamson County,

Texas, General Obligation Bonds, Refunding School Building

Series 2025

.250

02/15/49

1,718,724

830,000

(c) Georgetown Independent School District, Williamson County,

Texas, General Obligation Bonds, Refunding School Building

Series 2025

.250

02/15/50

856,660

1,665,000

(c) Georgetown Independent School District, Williamson County,

Texas, General Obligation Bonds, Refunding School Building

Series 2025

.250

02/15/55

1,714,627

1,595,000

Greenwood Independent School District, Midland County,

Texas, School Building Bonds, Series 2024

.000

02/15/54

1,343,911

3,000,000

Houston, Texas, Hotel Occupancy Tax and Special Revenue

Bonds, Convention and Entertainment Project, Series 2001B -

AMBAC Insured

.000

09/01/32

2,265,654

7,935,000

Houston, Texas, Hotel Occupancy Tax and Special Revenue

Bonds, Convention and Entertainment Project, Series 2001B -

AMBAC Insured

.000

09/01/33

5,671,292

1,145,000

Lamar Consolidated Independent School District, Fort Bend

County, Texas, General Obligation Bonds, Schoolhouse

Refunding Series 2024

.250

02/15/59

1,169,986

2,430,000

Lower Colorado River Authority, Texas, Transmission Contract

Revenue Bonds, LCRA Transmission Services Corporation

Project, Refunding Series 2021A

.000

05/15/51

2,400,146

1,665,000

(c) Lubbock Independent School District, Lubbock County, Texas,

General Obligation Bonds, School Building Series 2025, (UB)

.250

02/15/55

1,717,425

1,000,000

New Caney Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2024

.000

02/15/54

835,959

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### TEXAS
(continued)

$

1,595,000

(b) Northwest Independent School District, Denton, Tarrant and

Wise Counties, Texas, General Obligation Bonds, School

Building Series 2025, (UB)

.250

%

02/15/55

$

1,645,267

1,000,000

San Antonio, Texas, Electric and Gas Systems Revenue Bonds,

Refunding New Series 2024B

.000

02/01/54

1,005,611

5,000,000

(c) Spring Independent School District, Hardin County, Texas,

General Obligation Bonds, School Building and Refunding

Series 2025, (UB)

.250

08/15/50

5,199,960

250,000

Tarrant County Cultural Education Facilities Finance

Corporation, Texas, Revenue Bonds, Texas Health Resources

System, Series 2016A

.000

02/15/41

250,725

1,600,000

Texas Private Activity Bond Surface Transporation Corporation,

Revenue Bonds, NTE Mobility Partners LLC North Tarrant

Express Managed Lanes Project, Refunding Senior Lien Series

2019A

.000

12/31/35

1,660,346

1,000,000

Texas Transportation Commission, State Highway 249 System

Revenue Bonds, First Tier Toll Series 2019A

.000

08/01/57

980,684

TOTAL TEXAS

32,229,308

#### UTAH - 1.7%
1,075,000

(a) ROAM Public Infrastructure District 1, Utah, Limited Tax General

Obligation Bonds, Series 2021A

.250

03/01/51

794,810

1,500,000

Salt Lake City, Utah, Airport Revenue Bonds, International

Airport Series 2017B

.000

07/01/47

1,498,370

2,060,000

(b) Utah Transit Authority, Sales Tax Revenue Bonds, Refunding

Series 2025, (UB)

.000

12/15/44

2,143,170

TOTAL UTAH

4,436,350

#### VIRGINIA - 1.5%
1,160,000

Chesapeake Bay Bridge and Tunnel District, Virginia, General

Resolution Revenue Bonds, First Tier Series 2016

.000

07/01/51

1,118,159

1,400,000

Chesapeake, Virginia, Transportation System Senior Toll Road

Revenue Bonds, Capital Appreciation Series 2012B

.875

07/15/40

1,400,641

500,000

Henrico County Economic Development Authority, Virginia,

Health Facilities Revenue Bonds, Bon Secours Mercy Health,

Series 2025A-VA

.000

11/01/48

495,825

1,000,000

Virginia Housing Development Authority, Commonwealth

Mortgage Bonds, Series 2023E-II

.600

10/01/54

915,707

TOTAL VIRGINIA

3,930,332

#### WASHINGTON - 3.5%
3,330,000

Chelan County Public Utility District 1, Washington, Columbia

River-Rock Island Hydro-Electric System Revenue Refunding

Bonds, Series 1997A - NPFG Insured

.000

06/01/29

2,963,963

1,335,000

Snohomish County Public Utility District 1, Washington, Electric

System Revenue Bonds, Refunding Series 2025A, (UB)

.250

12/01/55

1,376,437

690,000

Washington Health Care Facilities Authority, Revenue Bonds,

Virginia Mason Medical Center, Series 2017

.000

08/15/30

703,937

2,165,000

Washington State Convention Center Public Facilities District,

Lodging Tax Revenue Bonds, Refunding Series2021B.

Exchange Purchase

.000

07/01/37

2,051,820

2,000,000

Washington State Convention Center Public Facilities District,

Lodging Tax Revenue Bonds, Series 2018

.000

07/01/58

1,882,253

TOTAL WASHINGTON

8,978,410

#### WEST VIRGINIA - 0.9%
530,000

West Virginia Hospital Finance Authority, Hospital Revenue

Bonds, Cabell Huntington Hospital, Inc. Project, Refunding &

Improvement Series 2018A

.000

01/01/34

539,585

1,800,000

West Virginia Hospital Finance Authority, Hospital Revenue

Bonds, Charleston Area Medical Center, Refunding &

Improvement Series 2019A

.000

09/01/38

1,812,306

TOTAL WEST VIRGINIA

2,351,891

Portfolio of Investments July 31, 2025

(continued)

NUW

All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

#### PRINCIPAL

#### DESCRIPTION

#### RATE

#### MATURITY

#### VALUE

#### WISCONSIN - 1.4%
$

2,000,000

(a) Public Finance Authority of Wisconsin, Limited Obligation

PILOT Revenue Bonds, American Dream @ Meadowlands

Project, Series 2017

.000

%

12/01/50

$

1,900,000

2,000,000

Public Finance Authority of Wisconsin, Revenue Bonds,

SearStone Retirement Community, Series 2023A

.000

06/01/52

1,681,887

TOTAL WISCONSIN

3,581,887

#### TOTAL MUNICIPAL BONDS

#### (Cost $281,274,956)

#### 279,587,141

#### TOTAL LONG-TERM INVESTMENTS

#### (Cost $281,274,956)

#### 279,587,141

#### FLOATING RATE OBLIGATIONS - (8.0)%

#### (#### 20,925,000

####)

#### OTHER ASSETS & LIABILITIES, NET - 0.6%

#### 1,689,205

#### NET ASSETS APPLICABLE TO COMMON SHARES - 100%

#### $

#### 260,351,346
UB

Underlying bond of an inverse floating rate trust reflected as a financing transaction. Inverse floating rate trust is a Recourse Trust

unless otherwise noted.

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the reporting period, the aggregate value of these securities is $4,568,044 or 1.6% of Total Investments.

(b) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse

floating rate transactions.

(c) When-issued or delayed delivery security.

(d) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely

payment of principal and interest.

(e) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding.

The rate shown is the coupon as of the end of the reporting period.

(f) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of

bankruptcy.

#### NUW

#### Level 1

#### Level 2

#### Level 3

#### Total
Long-Term Investments:

Municipal Bonds

$

–

$

279,587,141

$

–

$

279,587,141

Total

$

–

$

279,587,141

$

–

$

279,587,141

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nuveen AMT-Free Municipal Value Fund

- **b. Investment Company Act file number:** 811-22253

- **c. CIK number of Registrant:** 0001450445

- **d. LEI of Registrant:** 5493002K5IM2S29FUR04

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

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

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

- **a. Name of Series:** Nuveen AMT-Free Municipal Value Fund

- **c. LEI of Series:** 5493002K5IM2S29FUR04

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $302304240.00

**Total Liabilities:** $41952894.00

**Net Assets:** $260351346.00

**Delayed Delivery Securities:** $19676566.00

**Cash Not Reported:** $5133793.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -0.40000000 | **1-Year:** -1969.37000000 | **5-Year:** -12752.38000000 | **10-Year:** -82575.13000000 | **30-Year:** -123225.28000000

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

- **3-Month:** 0.00000000 | **1-Year:** -0.26000000 | **5-Year:** -607.68000000 | **10-Year:** -3792.20000000 | **30-Year:** -12928.17000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.35%               | 0.68%                | -0.62%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-90844.95               | $-1581276.30                               |
| Month 2  | $-1064771.60             | $1980801.42                                |
| Month 3  | $-97023.13               | $-2381902.89                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal Series 2025D                                      | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal Series 2025D                                      | CUSIP: 64972JNR5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2621944.25   | 1.01%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B                                      | Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B                                      | CUSIP: 44237NBD3<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   7935000 | PA      | $5671292.09   | 2.18%             | 2033-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2019A                                                                      | Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2019A                                                                      | CUSIP: 261333HD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $21660.82     | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2019C                                                      | New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2019C                                                      | CUSIP: 64613ABR2<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    665000 | PA      | $597490.53    | 0.23%             | 2044-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2024C                                                                                 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2024C                                                                                 | CUSIP: 709225KY1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1655352.71   | 0.64%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-145A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-145A                                                     | CUSIP: 70879QWK5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $965805.00    | 0.37%             | 2044-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| San Ysidro School District, San Diego County, California, General Obligation Bonds, 1997 Election Series 2012G                                         | San Ysidro School District, San Diego County, California, General Obligation Bonds, 1997 Election Series 2012G                                         | CUSIP: 799561KM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12955000 | PA      | $8644245.77   | 3.32%             | 2035-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Glen Metropolitan District 3, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2021                                              | Glen Metropolitan District 3, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2021                                              | CUSIP: 37767RAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1051541.03   | 0.40%             | 2051-12-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Cabell Huntington Hospital, Inc. Project, Refunding & Improvement Series 2018A       | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Cabell Huntington Hospital, Inc. Project, Refunding & Improvement Series 2018A       | CUSIP: 956622R71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $539584.94    | 0.21%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2016A                                                                      | Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2016A                                                                      | CUSIP: 261333GN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40770.19     | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas Health Resources System, Series 2016A                    | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas Health Resources System, Series 2016A                    | CUSIP: 87638TFK4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250725.18    | 0.10%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2017A                               | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2017A                               | CUSIP: 645790LP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $358617.82    | 0.14%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-123B                                                            | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-123B                                                            | CUSIP: 7087965V5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |     65000 | PA      | $64513.83     | 0.02%             | 2032-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission, State Highway 249 System Revenue Bonds, First Tier Toll Series 2019A                                                  | Texas Transportation Commission, State Highway 249 System Revenue Bonds, First Tier Toll Series 2019A                                                  | CUSIP: 88283NAZ5<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980684.30    | 0.38%             | 2057-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1                             | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1                             | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1346613.65   | 0.52%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Myers, Florida, Utility System Revenue Bonds, Refunding Series 2019A                                                                              | Fort Myers, Florida, Utility System Revenue Bonds, Refunding Series 2019A                                                                              | CUSIP: 348172UH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1414336.02   | 0.54%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007                     | Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007                     | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $3165855.44   | 1.22%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Charter School Revenue Bonds, Teaneck Community Charter School, Series 2017A                                | New Jersey Economic Development Authority, Charter School Revenue Bonds, Teaneck Community Charter School, Series 2017A                                | CUSIP: 645912ED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    100000 | PA      | $91856.81     | 0.04%             | 2052-09-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB                                                             | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB                                                             | CUSIP: 6461365Q0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84434.55     | 0.03%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 2007                                                        | Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 2007                                                        | CUSIP: 531127CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3398932.80   | 1.31%             | 2037-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2018A                                                                | Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2018A                                                                | CUSIP: 246352HB7<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    125000 | PA      | $129269.34    | 0.05%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dubois Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Penn Highlands Healthcare, Series 2018                                                | Dubois Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Penn Highlands Healthcare, Series 2018                                                | CUSIP: 263804BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $128166.29    | 0.05%             | 2048-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2020A                                  | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2020A                                  | CUSIP: 592250DN1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    495000 | PA      | $395946.94    | 0.15%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A                                                      | New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A                                                      | CUSIP: 64613AAB8<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $71914.14     | 0.03%             | 2035-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia, Project One Revenue Bonds, Subordinate Lien Series 2015A                                                      | Municipal Electric Authority of Georgia, Project One Revenue Bonds, Subordinate Lien Series 2015A                                                      | CUSIP: 626207L44<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1379382.59   | 0.53%             | 2032-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Health Care Facilities Revenue Bonds, McLeod Health Project, Series 2024                           | South Carolina Jobs-Economic Development Authority, Health Care Facilities Revenue Bonds, McLeod Health Project, Series 2024                           | CUSIP: 837032CT6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1281934.75   | 0.49%             | 2054-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017                                     | Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017                                     | CUSIP: 246343LJ4<br>LEI: 549300N6IGAQMI0JLE23 | Long             | DBT              | MUN               | US        |    245000 | PA      | $246395.54    | 0.09%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Industrial Development Authority, Pennsylvania, Healthcare Facilities Revenue Bonds, Highlands at Wyomissing, Series 2017A                | Berks County Industrial Development Authority, Pennsylvania, Healthcare Facilities Revenue Bonds, Highlands at Wyomissing, Series 2017A                | CUSIP: 08452RAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $149094.93    | 0.06%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota, General Obligation Bonds, Series 2016A                                                                                        | University of Minnesota, General Obligation Bonds, Series 2016A                                                                                        | CUSIP: 914460PJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005826.90   | 0.39%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Charter School Revenue Bonds, Foundation Academy Charter School, Series 2018A                               | New Jersey Economic Development Authority, Charter School Revenue Bonds, Foundation Academy Charter School, Series 2018A                               | CUSIP: 645912EG7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     25000 | PA      | $24078.92     | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | CUSIP: 230614SQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21464.01     | 0.01%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vale, Colorado, Certificates of Participation, Series 2025                                                                                             | Vale, Colorado, Certificates of Participation, Series 2025                                                                                             | CUSIP: 91878DAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540419.90   | 0.59%             | 2055-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A                                              | New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A                                              | CUSIP: 646066M31<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    200000 | PA      | $169801.24    | 0.07%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, La Salle University, Series 2017                                       | Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, La Salle University, Series 2017                                       | CUSIP: 71781XDT7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |     70000 | PA      | $50028.29     | 0.02%             | 2035-05-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Hunters Overlook Metropolitan District 5, Severance, Weld County, Colorado, Limited Tax General Obligation Bonds, Refunding Series 2024                | Hunters Overlook Metropolitan District 5, Severance, Weld County, Colorado, Limited Tax General Obligation Bonds, Refunding Series 2024                | CUSIP: 445788AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202550.88    | 0.08%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A              | Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A              | CUSIP: 49126PEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $3964602.92   | 1.52%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Easton Area School District, Northampton County, Pennsylvania, General Obligation Bonds, Series 2020B                                                  | Easton Area School District, Northampton County, Pennsylvania, General Obligation Bonds, Series 2020B                                                  | CUSIP: 277695LF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26408.53     | 0.01%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F                                                            | New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F                                                            | CUSIP: 646066Z86<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $69076.49     | 0.03%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, Provident Group - Rowan Properties LLC - Rowan University Student Housing Project, Series 20 | New Jersey Economic Development Authority, Revenue Bonds, Provident Group - Rowan Properties LLC - Rowan University Student Housing Project, Series 20 | CUSIP: 64577BHW7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    100000 | PA      | $88540.53     | 0.03%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge and Tunnel Enterprise, Colorado, Senior Infrastructure Revenue Bonds, Series 2025A                                                     | Colorado Bridge and Tunnel Enterprise, Colorado, Senior Infrastructure Revenue Bonds, Series 2025A                                                     | CUSIP: 19633TBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1663543.67   | 0.64%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University, Series 2014                                                     | Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University, Series 2014                                                     | CUSIP: 235171AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $28483.82     | 0.01%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority, District of Columbia, Dedicated Revenue Bonds, Series 2020A                                            | Washington Metropolitan Area Transit Authority, District of Columbia, Dedicated Revenue Bonds, Series 2020A                                            | CUSIP: 93878YAV1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    725000 | PA      | $725453.05    | 0.28%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Refunding Series 2016A                      | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Refunding Series 2016A                      | CUSIP: 645790FR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $122465.34    | 0.05%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015B                                                                                 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015B                                                                                 | CUSIP: 709224KX6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    585000 | PA      | $585146.72    | 0.22%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A                                         | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A                                         | CUSIP: 646136XJ5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4020000 | PA      | $3247199.62   | 1.25%             | 2031-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc., Georgia, Gas Supply Revenue Bonds, Series 2024D                                                                          | Main Street Natural Gas Inc., Georgia, Gas Supply Revenue Bonds, Series 2024D                                                                          | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1214842.82   | 0.47%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority, Pennsylvania, Revenue Bonds, Lafayette College, Refunding Series 2018                                    | Northampton County General Purpose Authority, Pennsylvania, Revenue Bonds, Lafayette College, Refunding Series 2018                                    | CUSIP: 66353LDL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $85286.75     | 0.03%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2015                             | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2015                             | CUSIP: 230614TH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $44177.86     | 0.02%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority, Sales Tax Revenue Bonds, Refunding Series 2025                                                                                 | Utah Transit Authority, Sales Tax Revenue Bonds, Refunding Series 2025                                                                                 | CUSIP: 917567JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2143170.44   | 0.82%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2016B                                                                | New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2016B                                                                | CUSIP: 646108SQ4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    270000 | PA      | $243322.25    | 0.09%             | 2040-11-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, SearStone Retirement Community, Series 2023A                                                     | Public Finance Authority of Wisconsin, Revenue Bonds, SearStone Retirement Community, Series 2023A                                                     | CUSIP: 74442PTR6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1681886.60   | 0.65%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Putnam County Development Authority, Florida, Pollution Control Revenue Bonds, Seminole Electric Cooperatice, Inc. Project, Refunding Series 2018B     | Putnam County Development Authority, Florida, Pollution Control Revenue Bonds, Seminole Electric Cooperatice, Inc. Project, Refunding Series 2018B     | CUSIP: 746507AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $507989.84    | 0.20%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2013D                                                        | New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2013D                                                        | CUSIP: 6460656N7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75009.04     | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A                            | Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A                            | CUSIP: 491214AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004494.60   | 0.39%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority, Pennsylvania, Revenue Bonds, School Lane Charter School Project, Series 2016                            | Bucks County Industrial Development Authority, Pennsylvania, Revenue Bonds, School Lane Charter School Project, Series 2016                            | CUSIP: 118612MB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70264.54     | 0.03%             | 2036-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A                                      | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A                                      | CUSIP: 74529JRQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $671507.07    | 0.26%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of the Sciences in Philadelphia, Series 2012                           | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of the Sciences in Philadelphia, Series 2012                           | CUSIP: 70917R7K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $31185.08     | 0.01%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Union County Utilities Authority, New Jersey, Solid Waste System County Deficiency Revenue Bonds, Series 2011A                                         | Union County Utilities Authority, New Jersey, Solid Waste System County Deficiency Revenue Bonds, Series 2011A                                         | CUSIP: 906365EU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170086.51    | 0.07%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gainesville, Florida, Utilities System Revenue Bonds, Series 2017A                                                                                     | Gainesville, Florida, Utilities System Revenue Bonds, Series 2017A                                                                                     | CUSIP: 362848UJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513738.85    | 0.20%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, University of the Arts, Series 2017                                    | Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, University of the Arts, Series 2017                                    | CUSIP: 71781XGT4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |     18301 | PA      | $9150.62      | 0.00%             | 2045-03-15      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1                                                    | Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1                                                    | CUSIP: 49126PGE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3718451.43   | 1.43%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2020E                          | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2020E                          | CUSIP: 59261AJ65<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    750000 | PA      | $830644.43    | 0.32%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA                                                             | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA                                                             | CUSIP: 646136Y39<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    255000 | PA      | $254991.94    | 0.10%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B                                                 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B                                                 | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    500000 | PA      | $471115.45    | 0.18%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-2                                                    | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-2                                                    | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20900.38     | 0.01%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District, Denton, Tarrant and Wise Counties, Texas, General Obligation Bonds, School Building Series 2025                 | Northwest Independent School District, Denton, Tarrant and Wise Counties, Texas, General Obligation Bonds, School Building Series 2025                 | CUSIP: 667826HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1645266.58   | 0.63%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tolles Career and Technical Center, Madison, Franklin, Delaware, Fayette, and Union Counties, Ohio, Certificates of Participation, School Facilities P | Tolles Career and Technical Center, Madison, Franklin, Delaware, Fayette, and Union Counties, Ohio, Certificates of Participation, School Facilities P | CUSIP: 889493AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007367.90   | 0.39%             | 2053-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C                                                        | New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C                                                        | CUSIP: 646066B66<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     25000 | PA      | $20825.28     | 0.01%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mebane, North Carolina, Combined Utilities Revenue Bonds, Series 2024                                                                                  | Mebane, North Carolina, Combined Utilities Revenue Bonds, Series 2024                                                                                  | CUSIP: 583445AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $245019.35    | 0.09%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-121                                                             | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-121                                                             | CUSIP: 7087964A2<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    450000 | PA      | $375045.75    | 0.14%             | 2041-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9307.91      | 0.00%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Subordinate Series 2017A                                  | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Subordinate Series 2017A                                  | CUSIP: 64578JBB1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122472.43    | 0.05%             | 2030-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2020-133                                                             | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2020-133                                                             | CUSIP: 70879QKD4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $29477.17     | 0.01%             | 2045-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB                                                             | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB                                                             | CUSIP: 6461365P2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    225000 | PA      | $175633.74    | 0.07%             | 2046-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018                                        | Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018                                        | CUSIP: 20282EAP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41457.58     | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia, Plant Vogtle Units 3 & 4 Project J Bonds, Series 2019A                                                        | Municipal Electric Authority of Georgia, Plant Vogtle Units 3 & 4 Project J Bonds, Series 2019A                                                        | CUSIP: 62620HDH2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1470279.89   | 0.56%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority, Toll Revenue Bonds, Downtown Crossing Project, Refunding First Tier Series 2021B              | Kentucky Public Transportation Infrastructure Authority, Toll Revenue Bonds, Downtown Crossing Project, Refunding First Tier Series 2021B              | CUSIP: 491397BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $896716.87    | 0.34%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District, Hardin County, Texas, General Obligation Bonds, School Building and Refunding Series 2025                          | Spring Independent School District, Hardin County, Texas, General Obligation Bonds, School Building and Refunding Series 2025                          | CUSIP: 850001CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5199959.50   | 2.00%             | 2050-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Caney Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2024                                 | New Caney Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2024                                 | CUSIP: 643154LA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $835959.50    | 0.32%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017B                                                                        | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017B                                                                        | CUSIP: 795576GS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1498369.50   | 0.58%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | CUSIP: 452153KF5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100557.81   | 0.42%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority, California, Airport Revenue Bonds, Senior Series 2024A                                                    | Burbank-Glendale-Pasadena Airport Authority, California, Airport Revenue Bonds, Senior Series 2024A                                                    | CUSIP: 120827DN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1074906.63   | 0.41%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3812000 | PA      | $3489186.12   | 1.34%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A                                                              | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A                                                              | CUSIP: 646136WU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $1102342.21   | 0.42%             | 2039-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Denver Health and Hospitals Authority, Colorado, Healthcare Revenue Bonds, Series 2019A                                                                | Denver Health and Hospitals Authority, Colorado, Healthcare Revenue Bonds, Series 2019A                                                                | CUSIP: 24918EEK2<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1594971.70   | 0.61%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A                                                        | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A                                                        | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    450000 | PA      | $532689.89    | 0.20%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Snohomish County Public Utility District 1, Washington, Electric System Revenue Bonds, Refunding Series 2025A                                          | Snohomish County Public Utility District 1, Washington, Electric System Revenue Bonds, Refunding Series 2025A                                          | CUSIP: 833102F76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1376437.33   | 0.53%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Ohio Transit Authority, Ohio, General Obligation Bonds, Capital Facilities Limited Tax Series 2023                                             | Central Ohio Transit Authority, Ohio, General Obligation Bonds, Capital Facilities Limited Tax Series 2023                                             | CUSIP: 154690BF7<br>LEI: 549300JEENALUDLM0B07 | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3167768.71   | 1.22%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018                                                                            | Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018                                                                            | CUSIP: 415342RY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48614.44     | 0.02%             | 2036-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bennett, Colorado, Wastewater Revenue Bonds, Series 2024                                                                                               | Bennett, Colorado, Wastewater Revenue Bonds, Series 2024                                                                                               | CUSIP: 082162AS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $385459.54    | 0.15%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Lifebridge Health Issue Series 2023                                        | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Lifebridge Health Issue Series 2023                                        | CUSIP: 57421CGJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989104.30    | 0.38%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District, Nebraska, Separate Electric System Revenue Bonds, Nebraska City 2, Series 2015A                                           | Omaha Public Power District, Nebraska, Separate Electric System Revenue Bonds, Nebraska City 2, Series 2015A                                           | CUSIP: 682004EL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001740.40   | 0.77%             | 2042-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-146A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-146A                                                     | CUSIP: 70879QXU2<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2828160.00   | 1.09%             | 2053-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| West Wilson Utility District, Wilson County, Tennessee, Water Revenue Bonds, Improvement Series 2022                                                   | West Wilson Utility District, Wilson County, Tennessee, Water Revenue Bonds, Improvement Series 2022                                                   | CUSIP: 956876LH7<br>LEI: 549300WPXZ57G71KKH88 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $1859907.53   | 0.71%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority, Ohio, Duke Energy Convention Center Project, TOT First Subordinate Development Revenue Bonds, Refund | Port of Greater Cincinnati Development Authority, Ohio, Duke Energy Convention Center Project, TOT First Subordinate Development Revenue Bonds, Refund | CUSIP: 734195EF3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $955160.94    | 0.37%             | 2063-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority, Pennsylvania, Revenue Bonds, Simpson Senior Services Project, Series 2019                    | Chester County Health and Education Facilities Authority, Pennsylvania, Revenue Bonds, Simpson Senior Services Project, Series 2019                    | CUSIP: 165579GQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $26528.42     | 0.01%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017                                                              | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017                                                              | CUSIP: 542691AT7<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1509670.65   | 0.58%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Health Care Facilities Revenue Bonds, Novant Health Group, Series 2024A                            | South Carolina Jobs-Economic Development Authority, Health Care Facilities Revenue Bonds, Novant Health Group, Series 2024A                            | CUSIP: 837032CF6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028935.90   | 0.40%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority, Florida, Health System Revenue Bonds, BayCare Health System Series 2024C                         | Hillsborough County Industrial Development Authority, Florida, Health System Revenue Bonds, BayCare Health System Series 2024C                         | CUSIP: 43233KAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528445.10   | 0.59%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio State, Hospital Revenue Bonds, Children's Hospital Medical Center of Akron, Series 2024A                                                          | Ohio State, Hospital Revenue Bonds, Children's Hospital Medical Center of Akron, Series 2024A                                                          | CUSIP: 67756CGA0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033599.50   | 0.40%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Refunding Project, Series 2017             | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Refunding Project, Series 2017             | CUSIP: 018444AY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $222371.08    | 0.09%             | 2042-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2024B                                  | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2024B                                  | CUSIP: 592250FV1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485323.20    | 0.19%             | 2053-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lubbock Independent School District, Lubbock County, Texas, General Obligation Bonds, School Building Series 2025                                      | Lubbock Independent School District, Lubbock County, Texas, General Obligation Bonds, School Building Series 2025                                      | CUSIP: 5492206M8<br>LEI: 549300SBJI5UDVLE3F39 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1717425.02   | 0.66%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority, Pennsylvania, Health Center Revenue Bonds, Saint Anne's Retirement Community, Inc., Series 2020                   | Lancaster County Hospital Authority, Pennsylvania, Health Center Revenue Bonds, Saint Anne's Retirement Community, Inc., Series 2020                   | CUSIP: 514045V75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $31241.16     | 0.01%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2020AA                                                             | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2020AA                                                             | CUSIP: 6461367L9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     30000 | PA      | $25330.37     | 0.01%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cherry Hills City Metropolitan District, Arapahoe County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Tax Series 2020A-3  | Cherry Hills City Metropolitan District, Arapahoe County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Tax Series 2020A-3  | CUSIP: 164684AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1224523.81   | 0.47%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A                                        | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A                                        | CUSIP: 64579F8L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30410.69     | 0.01%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2023E-II                                                                   | Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2023E-II                                                                   | CUSIP: 92812U6L7<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $915706.50    | 0.35%             | 2054-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A                                              | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A                                              | CUSIP: 888808HN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $199413.40    | 0.08%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $848194.78    | 0.33%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| University of Maine, System Revenue Bonds, Series 2022                                                                                                 | University of Maine, System Revenue Bonds, Series 2022                                                                                                 | CUSIP: 914399SC5<br>LEI: 254900T8BJAYXUKEVV62 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2433576.50   | 0.93%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2015                             | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2015                             | CUSIP: 230614TJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $38223.36     | 0.01%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Series 2018C                                                                       | Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Series 2018C                                                                       | CUSIP: 517704GL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4031459.20   | 1.55%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B                                              | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B                                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $381186.81    | 0.15%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F                                                            | New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F                                                            | CUSIP: 646066Z78<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |      5000 | PA      | $3694.25      | 0.00%             | 2037-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue Bonds, Senior Lien Series 2021A                                                            | Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue Bonds, Senior Lien Series 2021A                                                            | CUSIP: 709221VZ5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $830713.90    | 0.32%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pottsville Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2016B                                        | Pottsville Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2016B                                        | CUSIP: 738435CS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $150159.10    | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017                                                                      | Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017                                                                      | CUSIP: 05921PBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3448818.63   | 1.32%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | CUSIP: 230614SN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5366.00      | 0.00%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-125B                                                            | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-125B                                                            | CUSIP: 7087968G5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $36800.87     | 0.01%             | 2047-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, Virginia Mason Medical Center, Series 2017                                                 | Washington Health Care Facilities Authority, Revenue Bonds, Virginia Mason Medical Center, Series 2017                                                 | CUSIP: 93978HSJ5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    690000 | PA      | $703937.03    | 0.27%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health Issue, Series 2017A                                         | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health Issue, Series 2017A                                         | CUSIP: 5742182Q5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4948406.00   | 1.90%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2025I                                                           | Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2025I                                                           | CUSIP: 594615PE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3570106.25   | 1.37%             | 2050-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority, California, Revenue Bonds, Clean Energy Project Revenue Bonds, Series 2024A                                | Southern California Public Power Authority, California, Revenue Bonds, Clean Energy Project Revenue Bonds, Series 2024A                                | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046705.70   | 0.40%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sparks, Nevada, Sales Tax Revenue Bonds, Tourism Improvement District 1 Legends at Sparks Marina, Refunding Senior Series 2019A                        | Sparks, Nevada, Sales Tax Revenue Bonds, Tourism Improvement District 1 Legends at Sparks Marina, Refunding Senior Series 2019A                        | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24537.20     | 0.01%             | 2028-06-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | CUSIP: 373046J36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $858306.98    | 0.33%             | 2048-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | CUSIP: 373046J51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $856660.02    | 0.33%             | 2050-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016    | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016    | CUSIP: 645790BV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9122.32      | 0.00%             | 2032-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal Series 2024A-1                                    | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal Series 2024A-1                                    | CUSIP: 64971X8L5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1218930.18   | 0.47%             | 2053-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1265875.62   | 0.49%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2026 Subseries Series A-1                         | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2026 Subseries Series A-1                         | CUSIP: 64972JWN4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1881996.94   | 0.72%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Redevelopment Authority of the City of Scranton, Lackawanna county, Pennsylvania, Guaranteed Lease Revenue Bonds, Series 2016A                     | The Redevelopment Authority of the City of Scranton, Lackawanna county, Pennsylvania, Guaranteed Lease Revenue Bonds, Series 2016A                     | CUSIP: 81080LAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10006.23     | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Series 2011A     | Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Series 2011A     | CUSIP: 738850RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $711143.62    | 0.27%             | 2035-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2018                                                              | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2018                                                              | CUSIP: 542691BV1<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2109752.58   | 0.81%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Garland, Dallas, Collin and Rockwell Counties, Texas, Electric Utility System Revenue Bonds, Refunding Series 2024                                     | Garland, Dallas, Collin and Rockwell Counties, Texas, Electric Utility System Revenue Bonds, Refunding Series 2024                                     | CUSIP: 366133UG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504033.45    | 0.19%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F                                                            | New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F                                                            | CUSIP: 646066Z94<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $74331.92     | 0.03%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington County Redevelopment Authority, Pennsylvania, Tanger Outlet Victory Center Tax Increment Bonds, Series 2018                                 | Washington County Redevelopment Authority, Pennsylvania, Tanger Outlet Victory Center Tax Increment Bonds, Series 2018                                 | CUSIP: 938618AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14705.80     | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Lease Revenue Bonds, State House Project, Series 2017B                                                      | New Jersey Economic Development Authority, Lease Revenue Bonds, State House Project, Series 2017B                                                      | CUSIP: 64578EMF1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96602.63     | 0.04%             | 2040-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Refunding Senior Lien Series 2017                                         | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Refunding Senior Lien Series 2017                                         | CUSIP: 65830RBL2<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    700000 | PA      | $714815.01    | 0.27%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B                                                                  | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B                                                                  | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1111095.51   | 0.43%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018                                                                            | Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018                                                                            | CUSIP: 415342RU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29701.92     | 0.01%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018                                                                            | Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018                                                                            | CUSIP: 415342RT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $34772.15     | 0.01%             | 2031-03-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Washington County Industrial Development Authority, Pennsylvania, College Revenue Bonds, AICUP Financing Program-Washington and Jefferson College Proj | Washington County Industrial Development Authority, Pennsylvania, College Revenue Bonds, AICUP Financing Program-Washington and Jefferson College Proj | CUSIP: 938598BQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $124531.50    | 0.05%             | 2036-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B                                                                          | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B                                                                          | CUSIP: 880443BT2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4074796.40   | 1.57%             | 2026-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Greenwood Independent School District, Midland County, Texas, School Building Bonds, Series 2024                                                       | Greenwood Independent School District, Midland County, Texas, School Building Bonds, Series 2024                                                       | CUSIP: 397370KJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1343910.63   | 0.52%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of the Sciences in Philadelphia, Series 2012                           | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of the Sciences in Philadelphia, Series 2012                           | CUSIP: 70917R7J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $58216.73     | 0.02%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | CUSIP: 230614SR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4891.19      | 0.00%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Huntingdon County General Authority, Pennsylvania, Revenue Bonds, Juniata College, Series 2016OO2                                                      | Huntingdon County General Authority, Pennsylvania, Revenue Bonds, Juniata College, Series 2016OO2                                                      | CUSIP: 44586SAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $27156.49     | 0.01%             | 2041-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Charter School Revenue Bonds, North Star Academy Charter School of Newark, Series 2017                      | New Jersey Economic Development Authority, Charter School Revenue Bonds, North Star Academy Charter School of Newark, Series 2017                      | CUSIP: 64577BN26<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     25000 | PA      | $23821.42     | 0.01%             | 2047-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City, New York, General Obligation Bonds, Fiscal 2021 Series C                                                                                | New York City, New York, General Obligation Bonds, Fiscal 2021 Series C                                                                                | CUSIP: 64966QQF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1247718.64   | 0.48%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority, Pennsylvania, Revenue Bonds, Good Shepherd Group, Refunding Series 2016                                       | Lehigh County General Purpose Authority, Pennsylvania, Revenue Bonds, Good Shepherd Group, Refunding Series 2016                                       | CUSIP: 52480RDB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $87401.46     | 0.03%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A                                                                           | Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A                                                                           | CUSIP: 77158PGF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1162561.90   | 0.45%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | CUSIP: 373046J69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1714626.66   | 0.66%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROAM Public Infrastructure District 1, Utah, Limited Tax General Obligation Bonds, Series 2021A                                                        | ROAM Public Infrastructure District 1, Utah, Limited Tax General Obligation Bonds, Series 2021A                                                        | CUSIP: 76974AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $794810.39    | 0.31%             | 2051-03-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Main Line Health System, Series 2017A             | Chester County Health and Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Main Line Health System, Series 2017A             | CUSIP: 16557HDZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $71533.40     | 0.03%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2024A                               | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2024A                               | CUSIP: 645790UP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048512.60   | 0.79%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016                          | Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016                          | CUSIP: 249189DQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506080.55   | 0.58%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne Criminal Justice Center Project, Senior Lien Series 2018    | Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne Criminal Justice Center Project, Senior Lien Series 2018    | CUSIP: 59447TSM6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001119.20   | 0.38%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A                                              | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A                                              | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $849581.35    | 0.33%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Asbury Pennsylvania Obligated Group,  Refunding Series 2019                        | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Asbury Pennsylvania Obligated Group,  Refunding Series 2019                        | CUSIP: 230614PN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $60215.90     | 0.02%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Charleston Area Medical Center, Refunding & Improvement Series 2019A                 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Charleston Area Medical Center, Refunding & Improvement Series 2019A                 | CUSIP: 956622T87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1812306.06   | 0.70%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | Georgetown Independent School District, Williamson County, Texas, General Obligation Bonds, Refunding School Building Series 2025                      | CUSIP: 373046J44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1718724.06   | 0.66%             | 2049-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A                                              | New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A                                              | CUSIP: 646066M23<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     30000 | PA      | $29381.10     | 0.01%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A                                | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A                                | CUSIP: 64579F7Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $123323.62    | 0.05%             | 2038-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2018A                        | Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2018A                        | CUSIP: 613603YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48677.51     | 0.02%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, MTA Bridges and Tunnels, Senior Lien Green Climate Bond Certified Series | Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, MTA Bridges and Tunnels, Senior Lien Green Climate Bond Certified Series | CUSIP: 89602HHH3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1357529.02   | 0.52%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles, California, Wastewater System Revenue Bonds, Subordinate Series 2025A                                                                     | Los Angeles, California, Wastewater System Revenue Bonds, Subordinate Series 2025A                                                                     | CUSIP: 53945CMC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2604468.25   | 1.00%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chelan County Public Utility District 1, Washington, Columbia River-Rock Island Hydro-Electric System Revenue Refunding Bonds, Series 1997A            | Chelan County Public Utility District 1, Washington, Columbia River-Rock Island Hydro-Electric System Revenue Refunding Bonds, Series 1997A            | CUSIP: 163123MZ2<br>LEI: 5493004E8FN9GU2SU067 | Long             | DBT              | MUN               | US        |   3330000 | PA      | $2963962.74   | 1.14%             | 2029-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-3                                                    | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-3                                                    | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    266000 | PA      | $241128.65    | 0.09%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2021A     | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2021A     | CUSIP: 54811BXV8<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2400146.48   | 0.92%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Series2021B. Exchange Purchase                     | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Series2021B. Exchange Purchase                     | CUSIP: 93976AEH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2051819.86   | 0.79%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C                                                        | New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C                                                        | CUSIP: 646066B41<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    435000 | PA      | $335038.48    | 0.13%             | 2041-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016    | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016    | CUSIP: 645790CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $326956.14    | 0.13%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Scranton-Lackawanna Health and Welfare Authority, Pennsylvania, University Revenue Bonds, Marywood University, Series 2016                             | Scranton-Lackawanna Health and Welfare Authority, Pennsylvania, University Revenue Bonds, Marywood University, Series 2016                             | CUSIP: 810694L72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $80808.24     | 0.03%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2016                             | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2016                             | CUSIP: 230614LA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100219.27    | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2005N-1                                                        | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2005N-1                                                        | CUSIP: 6459165H6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    935000 | PA      | $993550.54    | 0.38%             | 2027-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Charter School Revenue Bonds, North Star Academy Charter School of Newark, Series 2017                      | New Jersey Economic Development Authority, Charter School Revenue Bonds, North Star Academy Charter School of Newark, Series 2017                      | CUSIP: 64577BM92<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    220000 | PA      | $206995.25    | 0.08%             | 2037-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, West Campus Housing LLC - New Jersey City University Student Housing Project, Series 2015    | New Jersey Economic Development Authority, Revenue Bonds, West Campus Housing LLC - New Jersey City University Student Housing Project, Series 2015    | CUSIP: 64577BHM9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    155000 | PA      | $130825.63    | 0.05%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, State of Illinois Clean Water Initiative Revolving Fund Revenue Bonds, Series 2017                                         | Illinois Finance Authority, State of Illinois Clean Water Initiative Revolving Fund Revenue Bonds, Series 2017                                         | CUSIP: 45204FSV8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    375000 | PA      | $386486.44    | 0.15%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A               | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A               | CUSIP: 645790KL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145950.29    | 0.06%             | 2057-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Village Drive Healthcare Urban Renewal LLC, Series 2018                          | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Village Drive Healthcare Urban Renewal LLC, Series 2018                          | CUSIP: 64579YAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $35923.17     | 0.01%             | 2038-10-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, University of the Arts, Series 2017                                    | Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, University of the Arts, Series 2017                                    | CUSIP: 71781XGR8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5313.54      | 0.00%             | 2045-03-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Massachusetts State, General Obligation Bonds, Consolidated Series 2024B                                                                               | Massachusetts State, General Obligation Bonds, Consolidated Series 2024B                                                                               | CUSIP: 57582R8A7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5037660.50   | 1.93%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dormitory Authority of the State of New York, Revenue Bonds, White Plains Hospital, Series 2024                                                        | Dormitory Authority of the State of New York, Revenue Bonds, White Plains Hospital, Series 2024                                                        | CUSIP: 65000B7Y8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025089.00   | 0.39%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Taxable Series 2024A-1                                            | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Taxable Series 2024A-1                                            | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     42000 | PA      | $42706.95     | 0.02%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, October Series 2016                                                                                          | Illinois State, General Obligation Bonds, October Series 2016                                                                                          | CUSIP: 452152G88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    525000 | PA      | $541626.33    | 0.21%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018                                        | Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018                                        | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $331846.23    | 0.13%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2      | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8560000 | PA      | $6962971.93   | 2.67%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, November Series 2017D                                                                                        | Illinois State, General Obligation Bonds, November Series 2017D                                                                                        | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1568738.70   | 0.60%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County Correctional Facility Project, Series 2018                 | Cumberland County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County Correctional Facility Project, Series 2018                 | CUSIP: 23058PBK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $72593.68     | 0.03%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Series 2024C                                                                       | Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Series 2024C                                                                       | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2098855.79   | 0.81%             | 2055-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pottsville Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2016B                                        | Pottsville Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Lehigh Valley Health Network, Series 2016B                                        | CUSIP: 738435CT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $53280.78     | 0.02%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Banyan Cay Community Development District, West Palm Beach, Florida, Special Assessment Bonds, 2020-1                                                  | Banyan Cay Community Development District, West Palm Beach, Florida, Special Assessment Bonds, 2020-1                                                  | CUSIP: 06683YAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1533235.60   | 0.59%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2023A                                                                         | Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2023A                                                                         | CUSIP: 45204FUY9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7541405.25   | 2.90%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Meritus Medical Center Inc Series 2025                                     | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Meritus Medical Center Inc Series 2025                                     | CUSIP: 57421CKB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2065398.64   | 0.79%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Allegheny Joint Sanitary Authority, Allegheny County, Pennsylvania, Sewer Revenue Bonds, Refunding Series 2019A                                  | Upper Allegheny Joint Sanitary Authority, Allegheny County, Pennsylvania, Sewer Revenue Bonds, Refunding Series 2019A                                  | CUSIP: 915455MM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $30752.47     | 0.01%             | 2044-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Prepay BP PLC, Series 2024D                                                        | Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Prepay BP PLC, Series 2024D                                                        | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2105256.20   | 0.81%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1739000 | PA      | $1738912.53   | 0.67%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents, University of Arizona, System Revenue Bonds, Green Series 2016B                                                              | Arizona Board of Regents, University of Arizona, System Revenue Bonds, Green Series 2016B                                                              | CUSIP: 040484QW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012855.30   | 0.39%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2024B                                                     | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2024B                                                     | CUSIP: 8371514Y2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1247606.63   | 0.48%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Fixed Rate Revenue Bonds, Lions Gate Project, Series 2014                                                   | New Jersey Economic Development Authority, Fixed Rate Revenue Bonds, Lions Gate Project, Series 2014                                                   | CUSIP: 64577BAR5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     35000 | PA      | $31205.01     | 0.01%             | 2044-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | CUSIP: 74446HAD1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1900000.00   | 0.73%             | 2050-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2015A                                                                | New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2015A                                                                | CUSIP: 646108RC6<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    120000 | PA      | $102594.48    | 0.04%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Capital Appreciation Series 2012B                                          | Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Capital Appreciation Series 2012B                                          | CUSIP: 16532RAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400641.20   | 0.54%             | 2040-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Robert Morris University, Series 2017                               | Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Robert Morris University, Series 2017                               | CUSIP: 01728RMS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52437.71     | 0.02%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     49000 | PA      | $43260.67     | 0.02%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2016A                                                                      | Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2016A                                                                      | CUSIP: 261333GZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185259.56    | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rostraver Township, Westmoreland County, Pennsylvania, General Obligation Bonds, Series 2018                                                           | Rostraver Township, Westmoreland County, Pennsylvania, General Obligation Bonds, Series 2018                                                           | CUSIP: 778531EP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $34377.45     | 0.01%             | 2034-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority, Virginia, Health Facilities Revenue Bonds, Bon Secours Mercy Health, Series 2025A-VA                    | Henrico County Economic Development Authority, Virginia, Health Facilities Revenue Bonds, Bon Secours Mercy Health, Series 2025A-VA                    | CUSIP: 42605XAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $495825.50    | 0.19%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2024A                               | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2024A                               | CUSIP: 645790UR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1574677.31   | 0.60%             | 2054-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authoriity Desalination Project Pipeline, Ref | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authoriity Desalination Project Pipeline, Ref | CUSIP: 13054WAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $342498.05    | 0.13%             | 2039-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transporation Corporation, Revenue Bonds, NTE Mobility Partners LLC North Tarrant Express Managed Lanes Project, R | Texas Private Activity Bond Surface Transporation Corporation, Revenue Bonds, NTE Mobility Partners LLC North Tarrant Express Managed Lanes Project, R | CUSIP: 882667AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1660345.92   | 0.64%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority, Pennsylvania, Sewer Revenue Bonds, Series 2024                                                                    | Allegheny County Sanitary Authority, Pennsylvania, Sewer Revenue Bonds, Series 2024                                                                    | CUSIP: 017357R71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $430658.95    | 0.17%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University Project, Series 2019                                             | Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University Project, Series 2019                                             | CUSIP: 235171AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $25260.83     | 0.01%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A                                                      | New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A                                                      | CUSIP: 64613AAA0<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122373.20    | 0.05%             | 2033-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board, Oklahoma, State Loan Program Revenue Bonds, Series 2024C                                                               | Oklahoma Water Resources Board, Oklahoma, State Loan Program Revenue Bonds, Series 2024C                                                               | CUSIP: 67920Q5M6<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |    600000 | PA      | $505792.20    | 0.19%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A                                 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A                                 | CUSIP: 64579F7C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $92653.13     | 0.04%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B                                      | Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B                                      | CUSIP: 44237NBC5<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2265653.70   | 0.87%             | 2032-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue Bonds, Subordinate Series 2018B                                                            | Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue Bonds, Subordinate Series 2018B                                                            | CUSIP: 709221VK8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99194.21     | 0.04%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2024A                                            | California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2024A                                            | CUSIP: 13032UU55<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1177012.86   | 0.45%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016                                          | Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016                                          | CUSIP: 16514PAE9<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1118158.80   | 0.43%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A                                   | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A                                   | CUSIP: 592247L32<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  11420000 | PA      | $6489602.29   | 2.49%             | 2037-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018A             | Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018A             | CUSIP: 01728A3Z7<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    465000 | PA      | $396349.54    | 0.15%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority, Pennsylvania, Avon Grove Charter School Revenue Bonds, Series 2017A                                   | Chester County Industrial Development Authority, Pennsylvania, Avon Grove Charter School Revenue Bonds, Series 2017A                                   | CUSIP: 165588DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $18175.51     | 0.01%             | 2047-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, White Horse HMT Urban Renewal LLC Project, Series 2020                                       | New Jersey Economic Development Authority, Revenue Bonds, White Horse HMT Urban Renewal LLC Project, Series 2020                                       | CUSIP: 64577XBH8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     98304 | PA      | $68050.52     | 0.03%             | 2040-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1                                                    | Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1                                                    | CUSIP: 49126PFW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051689.70   | 0.40%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Parking Revenue Bonds, Series 2017                                      | Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Parking Revenue Bonds, Series 2017                                      | CUSIP: 724792BL9<br>LEI: 254900JJT7A9Y409G258 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102343.71    | 0.04%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2024CC                                                             | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2024CC                                                             | CUSIP: 64613CGK8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520587.65   | 0.58%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Refunding Series 2015H                                                    | New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Refunding Series 2015H                                                    | CUSIP: 646066NQ9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $95827.28     | 0.04%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2                                                                | Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2                                                                | CUSIP: 720175UH9<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   5435000 | PA      | $4907543.03   | 1.88%             | 2029-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Peace River Manasota Regional Water Supply Authority, Florida, Utility System Revenue Bonds, Series 2025A                                              | Peace River Manasota Regional Water Supply Authority, Florida, Utility System Revenue Bonds, Series 2025A                                              | CUSIP: 704612GP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1719991.95   | 0.66%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement Project, Series 1997C                                          | Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement Project, Series 1997C                                          | CUSIP: 03255LBQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1473994.08   | 0.57%             | 2030-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District, Fort Bend County, Texas, General Obligation Bonds, Schoolhouse Refunding Series 2024                   | Lamar Consolidated Independent School District, Fort Bend County, Texas, General Obligation Bonds, Schoolhouse Refunding Series 2024                   | CUSIP: 513174Q39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1169986.30   | 0.45%             | 2059-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corporation, New York, Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Class D Series 2024                     | New York City Housing Development Corporation, New York, Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Class D Series 2024                     | CUSIP: 64966TGV0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206093.52    | 0.08%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2019A                            | CUSIP: 230614NK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $22667.48     | 0.01%             | 2038-01-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, Provident Group - Kean Properties LLC - Kean University Student Housing Project, Series 2017 | New Jersey Economic Development Authority, Revenue Bonds, Provident Group - Kean Properties LLC - Kean University Student Housing Project, Series 2017 | CUSIP: 64577BG40<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     55000 | PA      | $49236.83     | 0.02%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County Industrial Development Authority, Pennsylvania, Revenue Bonds, Morningstar Senior Living, Inc., Series 2019                         | Northampton County Industrial Development Authority, Pennsylvania, Revenue Bonds, Morningstar Senior Living, Inc., Series 2019                         | CUSIP: 663549NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $47454.29     | 0.02%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2017B       | Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2017B       | CUSIP: 362762MM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003001.80   | 0.77%             | 2045-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Erie Higher Education Building Authority, Pennsylvania, Revenue Bonds, Gannon University, Series 2016                                                  | Erie Higher Education Building Authority, Pennsylvania, Revenue Bonds, Gannon University, Series 2016                                                  | CUSIP: 295435BN0<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |     60000 | PA      | $46490.38     | 0.02%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Series 2018                                                  | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Series 2018                                                  | CUSIP: 93976ABJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1882252.60   | 0.72%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District, Comal, Bexar, Guadalupe, Hays, and Kendall Counties, Texas, General Obligation Bonds, Refunding School Building Ser | Comal Independent School District, Comal, Bexar, Guadalupe, Hays, and Kendall Counties, Texas, General Obligation Bonds, Refunding School Building Ser | CUSIP: 1998208F1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $429991.00    | 0.17%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Highlands County Health Facilities Authority, Florida, Hospital Revenue Bonds, Adventist Health Obligated Group, Series 2024C                          | Highlands County Health Facilities Authority, Florida, Hospital Revenue Bonds, Adventist Health Obligated Group, Series 2024C                          | CUSIP: 431022UL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099497.30   | 0.42%             | 2059-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2024A                                                                         | Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2024A                                                                         | CUSIP: 59334DNX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $2008456.37   | 0.77%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024B-1                                                    | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024B-1                                                    | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    133000 | PA      | $95972.99     | 0.04%             | 2044-06-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A                                | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A                                | CUSIP: 64579F7P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $107720.26    | 0.04%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016                                                     | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016                                                     | CUSIP: 167510AA4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023937.20   | 0.78%             | 2046-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019A                                                              | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019A                                                              | CUSIP: 6461366L0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     50000 | PA      | $46145.38     | 0.02%             | 2039-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 2, Refunding Series 2024B                                            | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 2, Refunding Series 2024B                                            | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056775.00   | 0.41%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds,  Colorado Springs Utilities, Series 2008                                     | Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds,  Colorado Springs Utilities, Series 2008                                     | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1165743.00   | 0.45%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2014A                                 | Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2014A                                 | CUSIP: 709224DX4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100991.94    | 0.04%             | 2037-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2019A                                                                     | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2019A                                                                     | CUSIP: 709224P78<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $41554.00     | 0.02%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020                          | Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020                          | CUSIP: 59447TQ30<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2045639.00   | 0.79%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017                                     | Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017                                     | CUSIP: 246343LL9<br>LEI: 549300N6IGAQMI0JLE23 | Long             | DBT              | MUN               | US        |    540000 | PA      | $540121.50    | 0.21%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A                                                                             | E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A                                                                             | CUSIP: 26822LEP5<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   5885000 | PA      | $4180125.50   | 1.61%             | 2034-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| San Antonio, Texas, Electric and Gas Systems Revenue Bonds, Refunding New Series 2024B                                                                 | San Antonio, Texas, Electric and Gas Systems Revenue Bonds, Refunding New Series 2024B                                                                 | CUSIP: 79625GKP7<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005610.90   | 0.39%             | 2054-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development, Pennsylvania, Charter School Revenue Bonds, Philadelphia Performing Arts: A String Theory Charter S | Philadelphia Authority for Industrial Development, Pennsylvania, Charter School Revenue Bonds, Philadelphia Performing Arts: A String Theory Charter S | CUSIP: 71780CBA7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |     25000 | PA      | $21992.43     | 0.01%             | 2050-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Palomar Pomerado Health, California, General Obligation Bonds, Series 2009A                                                                            | Palomar Pomerado Health, California, General Obligation Bonds, Series 2009A                                                                            | CUSIP: 69753RCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10200000 | PA      | $11123119.38  | 4.27%             | 2038-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2018A                                                                | New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2018A                                                                | CUSIP: 646108YB0<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    435000 | PA      | $402069.89    | 0.15%             | 2038-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority, Pennsylvania, Student Housing Revenue Bonds, University Student Housing, LLC Project at West Chester  | Chester County Industrial Development Authority, Pennsylvania, Student Housing Revenue Bonds, University Student Housing, LLC Project at West Chester  | CUSIP: 16559PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $13223.19     | 0.01%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board, Revolving Fund Revenue Bonds-Clean Water Program, 2019 Master Trust, Series 2025A                                      | Oklahoma Water Resources Board, Revolving Fund Revenue Bonds-Clean Water Program, 2019 Master Trust, Series 2025A                                      | CUSIP: 67919PWY5<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1726923.01   | 0.66%             | 2050-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** Nuveen AMT-Free Municipal Value Fund

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting