# EDGAR Filing Document

**Accession Number:** 0000035373
**File Stem:** 0001752724-23-034842
**Filing Date:** 2023-2
**Character Count:** 129906
**Document Hash:** bb84760c81383af6f02ed895b251ccd5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034842.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034842

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY MUNICIPAL TRUST
- **CENTRAL INDEX KEY:** 0000035373
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02628
- **FILM NUMBER:** 23656910

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNICIPAL BOND FUND/MA/
- **DATE OF NAME CHANGE:** 19860327

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY MUNICIPAL BOND FUND INC
- **DATE OF NAME CHANGE:** 19850503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY MUNICIPAL BOND FUND LTD
- **DATE OF NAME CHANGE:** 19770201

## Series and Classes Contracts Data

### Fidelity Michigan Municipal Income Fund (Series ID: S000007129)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000019503 | Fidelity Michigan Municipal Income Fund | FMHTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Municipal Trust

- **b. Investment Company Act file number:** 811-02628

- **c. CIK number of Registrant:** 0000035373

- **d. LEI of Registrant:** MC33ZH3HL1S8YN987650

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Michigan Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000007129

- **c. LEI of Series:** Q560UQKIPJ1Q9COEKD40

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

- **a. Date of fiscal year-end:** 2022-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $496718053.76

**Total Liabilities:** $1390554.28

**Net Assets:** $495327499.48

**Cash Not Reported:** $3071137.07

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 28500.07522800 | **1-Year:** 86791.73839000 | **5-Year:** 117761.01291650 | **10-Year:** 83508.39399150 | **30-Year:** 16310.11713900

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

- **3-Month:** 415.81656294 | **1-Year:** 1981.99290320 | **5-Year:** 4190.74459539 | **10-Year:** 2007.93107277 | **30-Year:** 90.10260522

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019503 | -0.90%               | 4.37%                | 0.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1677856.84             | $-4340599.02                               |
| Month 2  | $-90118.08               | $21365176.19                               |
| Month 3  | $-323963.53              | $-670938.72                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 4% 11/1/2038                    | CUSIP: 735779NP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1968047.40   | 0.40%             | 2038-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND UNIV MICH REV OAKLAND-U MI 5% 3/1/2029 | CUSIP: 673588GC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $535270.89    | 0.11%             | 2029-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2033                     | CUSIP: 251135GK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042177.80   | 0.41%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU D1 5% 7/1/2035                 | CUSIP: 59447TFY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $519318.42    | 0.10%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2045                  | CUSIP: 491740EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $393179.75    | 0.08%             | 2045-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2038 @                  | CUSIP: 373695AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1267832.71   | 0.26%             | 2038-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA VALLEY MI SCHS                                                        | CHIPPEWA MI SD 5% 5/1/33                       | CUSIP: 170016ZS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046493.00   | 0.21%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2039                       | CUSIP: 786744JE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1390223.26   | 0.28%             | 2039-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2029                   | CUSIP: 958638UM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $774436.20    | 0.16%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2035                    | CUSIP: 59447TK93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1893021.60   | 0.38%             | 2035-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2038                      | CUSIP: 935341K55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $863486.56    | 0.17%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/33                      | CUSIP: 386316NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $582379.00    | 0.12%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN 3.75% MT                              | CUSIP: 594654GD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2698414.75   | 0.54%             | 2050-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2046 @                  | CUSIP: 373695AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2109625.40   | 0.43%             | 2046-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2037                         | CUSIP: 2510934Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1867040.25   | 0.38%             | 2037-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2026 @                  | CUSIP: 373695AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $238710.26    | 0.05%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2031                   | CUSIP: 59447TSD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $832882.50    | 0.17%             | 2031-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT(MI-WL 12/17/87) 3% 6/1/52          | CUSIP: 594654NX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3315000 | PA      | $3208450.60   | 0.65%             | 2052-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2034 AMT               | CUSIP: 944514RQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1682983.73   | 0.34%             | 2034-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SEW DISP REV                                                        | DETROIT MI SWR/AGC/FGIC 5.5% 7/1/29            | CUSIP: 2512373S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27491.99     | 0.01%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GUAM INTL ARPT AUTH REV                                                        | GUAM INTL ARPT 6.25% 10/1/2034 PRE @           | CUSIP: 40064REN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $408446.76    | 0.08%             | 2034-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 5.25% 10/15/2057                       | CUSIP: 594615KP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2162843.60   | 0.44%             | 2057-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI PUB SCHS                                                       | GRAND RAPIDS 5% 11/1/2039                      | CUSIP: 386280RS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1285375.80   | 0.26%             | 2039-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRANDVILLE MICH PUB SCHS DIST                                                  | GRANDVILLE MICH 4% 5/1/2039                    | CUSIP: 386892RP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988320.50    | 0.20%             | 2039-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2032                    | CUSIP: 594479HN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    285000 | PA      | $268136.61    | 0.05%             | 2032-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP                                                    | GRAND TRAV HOSP 3% 7/1/2051                    | CUSIP: 386523JJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1054998.00   | 0.21%             | 2051-07-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR SER D 5% 12/1/2040             | CUSIP: 944514SY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8165000 | PA      | $8394553.26   | 1.69%             | 2040-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY CITY MI SCH DIST                                                           | BAY CITY MI SD 5% 11/1/2028                    | CUSIP: 072104GP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256195.50    | 0.05%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(BEAUMONT-SPECTR) 4% 4/15/42    | CUSIP: 59447T3V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1861900.80   | 0.38%             | 2042-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 3% 12/1/2049                   | CUSIP: 59447TXJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1445343.60   | 0.29%             | 2049-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/32                      | CUSIP: 386316MZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $339027.20    | 0.07%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO HSG FIN AUTH                                                       | PR HFA 5% 12/1/2027                            | CUSIP: 74526LFE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1441650.93   | 0.29%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/34                        | CUSIP: 935341F93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5630000 | PA      | $5933870.81   | 1.20%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2027                   | CUSIP: 958638XK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327214.29    | 0.07%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2034                     | CUSIP: 26111PAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $563508.30    | 0.11%             | 2034-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU D1 5% 7/1/2030                 | CUSIP: 59447TFT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10392.12     | 0.00%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 12/1/2030                   | CUSIP: 59447TQJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $778457.63    | 0.16%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/34                      | CUSIP: 59447TNJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2224549.16   | 0.45%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2036                       | CUSIP: 786744JB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $766383.62    | 0.15%             | 2036-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2034                   | CUSIP: 958638XS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $449854.60    | 0.09%             | 2034-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2030 PRE               | CUSIP: 483233QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32111.61     | 0.01%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2051 @                  | CUSIP: 373695AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3144399.30   | 0.63%             | 2051-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2035                   | CUSIP: 944514UH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5435000 | PA      | $5669246.33   | 1.14%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2031                   | CUSIP: 958638UP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $720755.98    | 0.15%             | 2031-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                       | LANSING MI WTR 2% MT                           | CUSIP: 516391DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1894775.60   | 0.38%             | 2051-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2033                   | CUSIP: 59447TSF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3592760.28   | 0.73%             | 2033-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COOPERSVILLE AREA MI PUB SCHS                                                  | COOPERSVILLE AR 4.125% 5/1/2052                | CUSIP: 216876MQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $716466.60    | 0.14%             | 2052-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP                                                    | GRAND TRAV HOSP A 5% 7/1/2049                  | CUSIP: 386523GX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2659318.24   | 0.54%             | 2049-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2030 @                  | CUSIP: 373695AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $472757.89    | 0.10%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MI FIN ASCENSION HLTH 16E3 V7                  | CUSIP: 59447TJD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.81%             | 2047-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 4% 11/1/2042                    | CUSIP: 735779NY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956786.20    | 0.19%             | 2042-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH REV                                                          | MI FIN AUTH 5% 7/1/2030                        | CUSIP: 59447PZM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6173241.60   | 1.25%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2035                   | CUSIP: 386545MP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1326410.03   | 0.27%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2035                    | CUSIP: 386289LV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $430528.00    | 0.09%             | 2035-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2041                    | CUSIP: 665398NQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1326207.17   | 0.27%             | 2041-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2035                    | CUSIP: 665398NJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $421645.46    | 0.09%             | 2035-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2034                    | CUSIP: 665398NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $425308.84    | 0.09%             | 2034-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2036                      | CUSIP: 2510934J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $454032.34    | 0.09%             | 2036-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2033 @                  | CUSIP: 373695AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124939.10   | 0.23%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 4% 11/15/2039                    | CUSIP: 946303C36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $780676.40    | 0.16%             | 2039-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/29                      | CUSIP: 571498CR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $830998.12    | 0.17%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 7/1/27                      | CUSIP: 59447TFC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1521023.21   | 0.31%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.625% 7/1/2027                          | CUSIP: 74514L3G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $198679.10    | 0.04%             | 2027-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/30                      | CUSIP: 59447TNE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045903.70   | 0.21%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND-U MI 5% 3/1/2037                       | CUSIP: 673588KQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1376180.22   | 0.28%             | 2037-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDSONVILLE MICH PUB SCHS                                                      | HUDSONVILLE MI 5% 5/1/2034                     | CUSIP: 444240SG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088575.50   | 0.22%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL .65% 10/1/2024                 | CUSIP: 59465M7A7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $287804.73    | 0.06%             | 2024-10-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2026 @                   | CUSIP: 594698QA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $437909.42    | 0.09%             | 2026-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2044                   | CUSIP: 958638WN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2139057.20   | 0.43%             | 2044-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2041 @                  | CUSIP: 373695AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1174536.11   | 0.24%             | 2041-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2032                    | CUSIP: 665398NF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $428721.90    | 0.09%             | 2032-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2040                    | CUSIP: 665398NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $483490.00    | 0.10%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2035 @                 | CUSIP: 944514E38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1309452.11   | 0.26%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 4% 5/15/2036                   | CUSIP: 483233RK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1927599.56   | 0.39%             | 2036-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HUDSONVILLE MICH PUB SCHS                                                      | HUDSONVILLE MI 5% 5/1/2031                     | CUSIP: 444240SD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $470053.34    | 0.09%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2038                    | CUSIP: 386289LY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $694433.29    | 0.14%             | 2038-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2031                     | CUSIP: 251135GH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1816849.35   | 0.37%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NOVI COMM SCHL MI                                                              | NOVI MI CSD 5% 5/1/2043                        | CUSIP: 670029VT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1238371.64   | 0.25%             | 2043-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2031 @                  | CUSIP: 373695AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $813695.92    | 0.16%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2047                   | CUSIP: 594479EF0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2345643.28   | 0.47%             | 2047-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2039                         | CUSIP: 2510935A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1184091.72   | 0.24%             | 2039-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/32                      | CUSIP: 59447TNG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1979520.41   | 0.40%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2040 @                  | CUSIP: 373695AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072897.60   | 0.22%             | 2040-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP                                                    | GRAND TRAV HOSP A 5% 7/1/2044                  | CUSIP: 386523GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1138506.91   | 0.23%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 5% 11/1/2034                    | CUSIP: 735779NA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1317466.88   | 0.27%             | 2034-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVS                                                          | MI ST UNIV 4% 2/15/44                          | CUSIP: 594712WH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1434345.90   | 0.29%             | 2044-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                 | CUSIP: 944514ZX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4365000 | PA      | $4656646.60   | 0.94%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MI COMMUNITY COLLEGE                                                   | LANSNG MI CC 5% 5/1/2044                       | CUSIP: 516408KT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3244821.00   | 0.66%             | 2044-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2032 @                 | CUSIP: 944514ZZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2945000 | PA      | $3129714.52   | 0.63%             | 2032-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2032 @                 | CUSIP: 944514PB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501038.60   | 0.30%             | 2032-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2039 @                  | CUSIP: 373695AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078340.20   | 0.22%             | 2039-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YPSILANTI MICH SCH DIST                                                        | YPSILANTI MI SD 5% 5/1/32                      | CUSIP: 987864NU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135271.60   | 0.43%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TECHNOLOGICAL UNIV                                                    | MICH TECH UNIV 4% 10/1/2046                    | CUSIP: 594746PY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2634830.29   | 0.53%             | 2046-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2030                   | CUSIP: 958638UN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $881916.68    | 0.18%             | 2030-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND-U MI 5% 3/1/2041                       | CUSIP: 673588HE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3595617.95   | 0.73%             | 2041-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND-U MI SER A 5% 3/1/27                   | CUSIP: 673588FD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $816705.63    | 0.16%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES WTR MI 5% 7/1/2027                    | CUSIP: 39081HAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15987.81     | 0.00%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU D1 5% 7/1/2034                 | CUSIP: 59447TFX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286941.13   | 0.26%             | 2034-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2031                   | CUSIP: 958638XP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $170686.38    | 0.03%             | 2031-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5% 7/1/2043                    | CUSIP: 39081HBS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10509783.00  | 2.12%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(WAYNE CNTY MI) 5% 11/1/30      | CUSIP: 59447TSC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113558.70   | 0.22%             | 2030-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3.50% 12/1/2050                    | CUSIP: 594654JK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2390568.44   | 0.48%             | 2050-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2049                    | CUSIP: 59447TL76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3521881.50   | 0.71%             | 2049-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2048 @                 | CUSIP: 944514ZJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5065503.00   | 1.02%             | 2048-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YPSILANTI MICH SCH DIST                                                        | YPSILANTI MI SD 5% 5/1/30                      | CUSIP: 987864NS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1655343.58   | 0.33%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GUAM INTL ARPT AUTH REV                                                        | GUAM INTL ARPT 6.25% 10/1/2034 @               | CUSIP: 40064RES4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $612670.14    | 0.12%             | 2034-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2046 @                 | CUSIP: 944514F29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1310462.59   | 0.26%             | 2046-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH REV                                                  | MI HOSP(ASCENSION HLTH) 4% 11/15/47            | CUSIP: 59465HTX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $264552.65    | 0.05%             | 2047-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/29                      | CUSIP: 59447TND1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046135.20   | 0.21%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2029                     | CUSIP: 533883MW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1522974.45   | 0.31%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2032                     | CUSIP: 533883MZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063058.20   | 0.21%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2029 @                    | CUSIP: 594698QF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36282.14     | 0.01%             | 2029-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4.25% 12/31/2038@                 | CUSIP: 594698QS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $791601.30    | 0.16%             | 2038-12-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MI FIN AU 5% 11/15/41                          | CUSIP: 59447TMN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4710000 | PA      | $4808885.51   | 0.97%             | 2041-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA VALLEY MI SCHS                                                        | CHIPPEWA MI SD 5% 5/1/34                       | CUSIP: 170016ZT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1122023.62   | 0.23%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2038                      | CUSIP: 2510934L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $506223.21    | 0.10%             | 2038-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 7/1/26                      | CUSIP: 59447TFB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $592074.05    | 0.12%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MACOMB INTERCEPTOR DRAIN DRAINAGE DISTRICT                                     | MACOMB INTERCEP 5% 5/1/2034                    | CUSIP: 55539PCN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1889447.88   | 0.38%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(TRINITY HLTH) 5% 12/1/37       | CUSIP: 59447TQS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3486101.87   | 0.70%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUB SCH DIST                                                         | FRASER MI SD 5% 5/1/29                         | CUSIP: 355514MT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1524210.71   | 0.31%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2037                    | CUSIP: 59447TL35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1848967.60   | 0.37%             | 2037-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2034                      | CUSIP: 935341J99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1291041.24   | 0.26%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2031                     | CUSIP: 533883MY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531692.20    | 0.11%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 7/1/2034                    | CUSIP: 59447TGA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029793.00   | 0.21%             | 2034-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2051                   | CUSIP: 958638YB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5291170.00   | 1.07%             | 2051-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2037                    | CUSIP: 665398NL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $748627.52    | 0.15%             | 2037-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YPSILANTI MICH SCH DIST                                                        | YPSILANTI MI SD 5% 5/1/29                      | CUSIP: 987864NR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1394977.14   | 0.28%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY CITY MI SCH DIST                                                           | BAY CITY MI SCHOOLS QSBLF 5% 11/1/2027         | CUSIP: 072104GN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $717439.24    | 0.14%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 6/1/2040                    | CUSIP: 59447TG80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3035028.30   | 0.61%             | 2040-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT(MI-WL 12/17/87) 5.5% 6/1/53        | CUSIP: 594654SG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2668571.00   | 0.54%             | 2053-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ROCKFORD MI PUB SCH DIST UTGO                                                  | ROCKFRD MI SCH 5% 5/1/2042                     | CUSIP: 773318VX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3262598.73   | 0.66%             | 2042-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2037                      | CUSIP: 2510934K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $482046.34    | 0.10%             | 2037-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST TRUNK LINE FD                                                      | MI ST TRUNK FD 4% 11/15/2045                   | CUSIP: 5946952G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1418108.25   | 0.29%             | 2045-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2039                    | CUSIP: 665398NN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $880857.90    | 0.18%             | 2039-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2023                         | CUSIP: 2510933B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310677.01    | 0.06%             | 2023-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GROSSE POINTE MI PUB SCH SYS                                                   | GROSSE PT PSS 5% 5/1/2039                      | CUSIP: 399100KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089369.40   | 0.22%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTH.                                                               | GUAM POWER AUTH 5% 10/1/2044 Q                 | CUSIP: 400653KK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024941.10   | 0.21%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2029 @                  | CUSIP: 373695AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $578079.81    | 0.12%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 4% 10/15/2052                          | CUSIP: 594615KN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1162482.75   | 0.23%             | 2052-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HUDSONVILLE MICH PUB SCHS                                                      | HUDSONVILLE MI 5% 5/1/2032                     | CUSIP: 444240SE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1309776.12   | 0.26%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2045                    | CUSIP: 39081JDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1958993.12   | 0.40%             | 2045-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS .55% 4/1/2025                   | CUSIP: 59465PAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2584755.53   | 0.52%             | 2025-04-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2035                      | CUSIP: 935341K22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1312021.80   | 0.26%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/31                      | CUSIP: 571498CT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $828337.54    | 0.17%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 4% 5/1/2024                      | CUSIP: 935341G84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $759122.85    | 0.15%             | 2024-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.75% 7/1/2031                           | CUSIP: 74514L3J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1457895.16   | 0.29%             | 2031-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2038                   | CUSIP: 958638XW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $682538.38    | 0.14%             | 2038-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/31                      | CUSIP: 59447TNF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1223518.37   | 0.25%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2037                   | CUSIP: 386545MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1478000.70   | 0.30%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FARMINGTON MICH PUB SCH DIST                                                   | FARMINGTON PUBI 4% 5/1/2040                    | CUSIP: 311261UU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2943243.30   | 0.59%             | 2040-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 2/15/2044                   | CUSIP: 59447TVA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2327594.50   | 0.47%             | 2044-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037                   | CUSIP: 944514VH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $573482.57    | 0.12%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 4% 5/15/2036 PRE               | CUSIP: 483233QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15577.47     | 0.00%             | 2036-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2034 @                  | CUSIP: 373695AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120534.60   | 0.23%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.45% 9/1/2030                    | CUSIP: 594698SQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1670693.20   | 0.34%             | 2030-09-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2033                    | CUSIP: 386289LT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $273538.18    | 0.06%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST                                                                    | MI ST 4% 5/15/2040                             | CUSIP: 594612ER0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503613.20    | 0.10%             | 2040-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2040                       | CUSIP: 786744JF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $472896.31    | 0.10%             | 2040-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2033                    | CUSIP: 665398NG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $414835.24    | 0.08%             | 2033-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GROSSE POINTE MI PUB SCH SYS                                                   | GROSSE PT PSS 5% 5/1/2038                      | CUSIP: 399100KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092166.40   | 0.22%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES WTR MI 5% 7/1/31                      | CUSIP: 39081HAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7470607.20   | 1.51%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2037 @                  | CUSIP: 373695AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $761727.05    | 0.15%             | 2037-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA VALLEY MI SCHS                                                        | CHIPPEWA MI SD 5% 5/1/32                       | CUSIP: 170016ZR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047871.40   | 0.21%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU SRC 5% 7/1/28                  | CUSIP: 59447TFD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556634.00   | 0.31%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2046                    | CUSIP: 665398NR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1705852.26   | 0.34%             | 2046-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/35                      | CUSIP: 386316NC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $965003.18    | 0.19%             | 2035-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2036 @                  | CUSIP: 373695AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $659283.96    | 0.13%             | 2036-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2048                  | CUSIP: 59447TUH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9865000 | PA      | $10005413.48  | 2.02%             | 2048-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 11/15/2044 MT               | CUSIP: 59447TWN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1342730.18   | 0.27%             | 2044-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MI FIN ASCENSION HLTH 16E2 V7                  | CUSIP: 59447TJC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2470000.00   | 0.50%             | 2047-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| RAVENNA MI PUB SCHS                                                            | RAVENNA MI PSCH 4% 5/1/2051                    | CUSIP: 754254FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1954266.62   | 0.39%             | 2051-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 4% 7/1/2036                      | CUSIP: 74527EFS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $178505.96    | 0.04%             | 2036-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI PUB SCHS                                                       | GRAND RAPIDS MI 5% 5/1/29                      | CUSIP: 386280QV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $524587.63    | 0.11%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/33                      | CUSIP: 571498CV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $745816.12    | 0.15%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 3% 10/15/2045                          | CUSIP: 594615HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4763533.20   | 0.96%             | 2045-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2026                   | CUSIP: 958638UJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414503.80    | 0.08%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI PUB SCHS                                                       | GRAND RAPIDS 5% 11/1/2041                      | CUSIP: 386280RU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1388292.10   | 0.28%             | 2041-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2025 @                   | CUSIP: 594698PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1290542.40   | 0.26%             | 2025-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2035                      | CUSIP: 935341G27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1313037.50   | 0.27%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2037                     | CUSIP: 251135GP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027057.00   | 0.41%             | 2037-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037                   | CUSIP: 944514B98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1644242.85   | 0.33%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND-U MI SER A 5% 3/1/25                   | CUSIP: 673588FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $997082.34    | 0.20%             | 2025-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2032                   | CUSIP: 958638XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $339284.52    | 0.07%             | 2032-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2030                   | CUSIP: 958638XN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $227398.48    | 0.05%             | 2030-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2043                   | CUSIP: 386545MT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1486744.00   | 0.30%             | 2043-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2032                      | CUSIP: 935341J73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1214230.93   | 0.25%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH REV                                                          | MI FIN AUTH SER H-1 5% 10/39                   | CUSIP: 59447PL74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4725000 | PA      | $4809476.39   | 0.97%             | 2039-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.8% MT@                          | CUSIP: 594698RN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5798070.60   | 1.17%             | 2049-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5% 7/1/2028                    | CUSIP: 39081HBY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1242081.23   | 0.25%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2036                   | CUSIP: 59447TSJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1363773.63   | 0.28%             | 2036-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2038                   | CUSIP: 59447TSL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1727089.13   | 0.35%             | 2038-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2037                   | CUSIP: 59447TSK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1630634.85   | 0.33%             | 2037-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4% 5/15/2027                      | CUSIP: 594698RQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $692138.73    | 0.14%             | 2027-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FITZGERALD MI PUB SCH DIST                                                     | FITZGERALD MI 5% 5/1/2037                      | CUSIP: 338261LM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1388018.77   | 0.28%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3% 6/1/2051                        | CUSIP: 594654LR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3115000 | PA      | $3027235.50   | 0.61%             | 2051-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH REV                                                  | MI HOSP 5% 11/15/47                            | CUSIP: 59465HTY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13156596.70  | 2.66%             | 2047-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ROCH MI COMM SCH REF GO                                                        | ROCHESTER MI CSD 5% 5/1/31                     | CUSIP: 771537VP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1597035.45   | 0.32%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MI FIN AU 5% 11/15/34                          | CUSIP: 59447TMK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1180022.16   | 0.24%             | 2034-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/30                      | CUSIP: 571498CS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $957921.75    | 0.19%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLOOMFIELD HILLS MI SCHS DIST                                                  | BLOOMFIELD HILL 4% 5/1/2050                    | CUSIP: 093887NP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1411690.95   | 0.29%             | 2050-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 11/1/2055                   | CUSIP: 59447TP72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2251647.00   | 0.45%             | 2055-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 AMT               | CUSIP: 944514RM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $879344.15    | 0.18%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND UNV MI 5% 3/1/28                       | CUSIP: 673588GV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1216235.98   | 0.25%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2035                     | CUSIP: 26111PAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538449.85    | 0.11%             | 2035-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2034                    | CUSIP: 386289LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $597699.14    | 0.12%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 5% 11/1/2032                    | CUSIP: 735779MS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2649507.25   | 0.53%             | 2032-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH REV                                                  | MI HOSP 5% 11/15/2047                          | CUSIP: 59465HVU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5157556.42   | 1.04%             | 2047-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2025                   | CUSIP: 958638UH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $331839.07    | 0.07%             | 2025-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2026                   | CUSIP: 386545JL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1970756.95   | 0.40%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 9/1/2038                    | CUSIP: 594479GE1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1350720.95   | 0.27%             | 2038-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY ST UNIV MI 5% 12/1/28                | CUSIP: 386545JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1863979.56   | 0.38%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLINT MI HOSP BLDG AUTH REV                                                    | FLINT MI BLDG 4% 7/1/2038                      | CUSIP: 339511EX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1591561.08   | 0.32%             | 2038-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/34                      | CUSIP: 386316NB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529582.70    | 0.11%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU SRC 5% 7/1/35                  | CUSIP: 59447TFG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2159541.93   | 0.44%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2034                   | CUSIP: 386545MN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1170651.57   | 0.24%             | 2034-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2036                      | CUSIP: 935341K30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1087797.10   | 0.22%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2036                   | CUSIP: 944514UF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5760000 | PA      | $5979544.13   | 1.21%             | 2036-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2031 Q                | CUSIP: 491740FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923636.30    | 0.19%             | 2031-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 4% 11/15/2038                    | CUSIP: 946303C28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987962.40    | 0.20%             | 2038-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2053                   | CUSIP: 958638YC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4333785.28   | 0.87%             | 2053-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2025 @                    | CUSIP: 594698PX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1121458.91   | 0.23%             | 2025-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2039                   | CUSIP: 944514C30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623577.35   | 0.33%             | 2039-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 4% 5/1/2025                      | CUSIP: 935341G92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511712.35    | 0.10%             | 2025-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 4% 12/1/2048                       | CUSIP: 594654CM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1040970.94   | 0.21%             | 2048-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2027 @                  | CUSIP: 373695AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $350473.60    | 0.07%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 5% 6/1/2053                        | CUSIP: 594654RG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2455000 | PA      | $2558640.28   | 0.52%             | 2053-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2025                   | CUSIP: 386545JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519375.60    | 0.10%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 5/15/2044                      | CUSIP: 594698RS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1379811.75   | 0.28%             | 2044-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 @                 | CUSIP: 944514ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $3008106.05   | 0.61%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 12/1/2048                   | CUSIP: 59447TUC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022093.40   | 0.41%             | 2048-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2028 @                  | CUSIP: 373695AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $257064.57    | 0.05%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND-U MI 5% 3/1/2036                       | CUSIP: 673588KP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1249545.90   | 0.25%             | 2036-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2028                   | CUSIP: 483233RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $814225.93    | 0.16%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2036                   | CUSIP: 944514B80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105332.40   | 0.22%             | 2036-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH REV                                                          | OAKLAND UNIV MICH REV OAKLAND-U MI 5% 3/1/2028 | CUSIP: 673588GB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $341630.52    | 0.07%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2043 Q                | CUSIP: 491740FB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1805357.70   | 0.36%             | 2043-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2051                   | CUSIP: 594479HL4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $892754.50    | 0.18%             | 2051-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 1.20% MT                       | CUSIP: 59447TU68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2664392.70   | 0.54%             | 2038-10-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/42                     | CUSIP: 944514WC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1502124.54   | 0.30%             | 2042-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5% 7/1/2029                    | CUSIP: 39081HBZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16720.30     | 0.00%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2032                      | CUSIP: 74527EFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $393343.49    | 0.08%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2046                   | CUSIP: 594479HK6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1445645.39   | 0.29%             | 2046-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRANDVILLE MICH PUB SCHS DIST                                                  | GRANDVILLE MICH 4% 5/1/2040                    | CUSIP: 386892RQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1273831.00   | 0.26%             | 2040-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SEW DISP REV                                                        | DETROIT MI SWR 5% NATL 7/1/2036                | CUSIP: 2512377P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10015.13     | 0.00%             | 2036-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2029                  | CUSIP: 59447TME0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3118026.40   | 0.63%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2033                     | CUSIP: 26111PAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $799802.82    | 0.16%             | 2033-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2030                   | CUSIP: 483233RF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $5193846.32   | 1.05%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/33                      | CUSIP: 59447TNH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1998281.63   | 0.40%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2042                    | CUSIP: 594479HP5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    745000 | PA      | $615445.25    | 0.12%             | 2042-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 0% 7/1/2033                              | CUSIP: 74514L3R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1643730 | PA      | $888535.68    | 0.18%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2028 PRE               | CUSIP: 483233QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5351.94      | 0.00%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDSONVILLE MICH PUB SCHS                                                      | HUDSONVILLE MI 5% 5/1/2035                     | CUSIP: 444240SH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083699.50   | 0.22%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SFMR                                                  | MI HDA SF MTG 07E Q=RC V7@                     | CUSIP: 5946532F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9200000 | PA      | $9200000.00   | 1.86%             | 2038-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 4.25% 6/1/2049                     | CUSIP: 594654DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2342047.83   | 0.47%             | 2049-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SAGINAW MICH CITY SCH DIST                                                     | SAGINAW MI SCD 4% 5/1/2047                     | CUSIP: 786743QE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2730559.20   | 0.55%             | 2047-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 2/1/2047                    | CUSIP: 594479DD6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3195000 | PA      | $2925701.76   | 0.59%             | 2047-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2031                    | CUSIP: 386289LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $524310.65    | 0.11%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2036                    | CUSIP: 665398NK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $447094.64    | 0.09%             | 2036-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2035                   | CUSIP: 59447TSH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095484.90   | 0.22%             | 2035-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 12/1/2049                   | CUSIP: 59447TXH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8180000 | PA      | $7372034.41   | 1.49%             | 2049-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2029 AMT               | CUSIP: 944514RK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $736759.44    | 0.15%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLINT MI HOSP BLDG AUTH REV                                                    | FLINT MI BLDG 4% 7/1/2041                      | CUSIP: 339511EY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1158433.11   | 0.23%             | 2041-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MACOMB INTERCEPTOR DRAIN DRAINAGE DISTRICT                                     | MACOMB INTERCEP 5% 5/1/2033                    | CUSIP: 55539PCM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2272188.66   | 0.46%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2040                    | CUSIP: 59447TL68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1800909.40   | 0.36%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2036                   | CUSIP: 594479EB9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    790000 | PA      | $769677.72    | 0.16%             | 2036-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2035 @                  | CUSIP: 373695AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $942934.67    | 0.19%             | 2035-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WALLED LAKE MI CONS SCH DIST                                                   | WALLD LKE MI SD 5% 5/1/2047                    | CUSIP: 932423WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1612793.85   | 0.33%             | 2047-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/47@                    | CUSIP: 944514XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $455952.24    | 0.09%             | 2047-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2034                     | CUSIP: 251135GL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1784095.60   | 0.36%             | 2034-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/28                     | CUSIP: 958638VG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2610510.35   | 0.53%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/26                     | CUSIP: 958638VE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047009.20   | 0.21%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2038                   | CUSIP: 944514C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1359559.00   | 0.27%             | 2038-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2035                 | CUSIP: 39081JAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2121991.20   | 0.43%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4% MT@                            | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4824366.50   | 0.97%             | 2061-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2028                  | CUSIP: 59447TMD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2816834.73   | 0.57%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/32                      | CUSIP: 571498CU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059930.90   | 0.21%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2032                   | CUSIP: 59447TSE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108331.30   | 0.22%             | 2032-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2037                       | CUSIP: 786744JC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $807460.23    | 0.16%             | 2037-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NOVI COMM SCHL MI                                                              | NOVI MI CSD 5% 5/1/2044                        | CUSIP: 670029VU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1262229.06   | 0.25%             | 2044-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.35% 8/1/2029                    | CUSIP: 594698SP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1706528.40   | 0.34%             | 2029-08-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| WALLED LAKE MI CONS SCH DIST                                                   | WALLD LKE MI SD 5% 5/1/2036                    | CUSIP: 932423UW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1167205.10   | 0.24%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2027                    | CUSIP: 594479HM2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    185000 | PA      | $179998.12    | 0.04%             | 2027-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 3% 10/15/2051                          | CUSIP: 594615JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1328680.06   | 0.27%             | 2051-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/31                      | CUSIP: 386316MY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264938.68    | 0.05%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(MCLAREN HLTHCRE) 4% 2/15/50    | CUSIP: 59447TVE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3606658.00   | 0.73%             | 2050-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2040                   | CUSIP: 958638XY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $686975.07    | 0.14%             | 2040-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2035                      | CUSIP: 2510934H0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $724557.34    | 0.15%             | 2035-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2036                   | CUSIP: 958638XU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $440620.96    | 0.09%             | 2036-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2037                      | CUSIP: 935341K48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1406965.82   | 0.28%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2049                    | CUSIP: 39081JDK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1351278.37   | 0.27%             | 2049-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2030                      | CUSIP: 74527EFL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $531018.45    | 0.11%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2029                     | CUSIP: 251135GF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1374150.57   | 0.28%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2032 @                  | CUSIP: 373695AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $820894.23    | 0.17%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2028                   | CUSIP: 958638UL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $671655.27    | 0.14%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037 @                 | CUSIP: 944514E53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1608219.28   | 0.32%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2038                   | CUSIP: 386545MS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $937769.79    | 0.19%             | 2038-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.625% 7/1/2029                          | CUSIP: 74514L3H8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $608811.62    | 0.12%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer