# EDGAR Filing Document

**Accession Number:** 0001479026
**File Stem:** 0000940400-26-002579
**Filing Date:** 2026-1
**Character Count:** 130758
**Document Hash:** b422b5d90759335556be7669c53f010e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-002579.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0000940400-26-002579

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Goldman Sachs ETF Trust
- **CENTRAL INDEX KEY:** 0001479026

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23013
- **FILM NUMBER:** 26564517

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282-2198
- **BUSINESS PHONE:** (312) 655-4400

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282-2198

## Series and Classes Contracts Data

### Goldman Sachs Dynamic California Municipal Income ETF (Series ID: S000085812)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000251207 | Goldman Sachs Dynamic California Municipal Income ETF | GCAL            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Goldman Sachs ETF Trust

- **b. Investment Company Act file number:** 811-23013

- **c. CIK number of Registrant:** 0001479026

- **d. LEI of Registrant:** 549300VEZF7K2ES5WL82

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

  - **Street Address 1:** 200 West Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10282

  - **Telephone number:** 312-655-4400

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

- **a. Name of Series:** Goldman Sachs Dynamic California Municipal Income ETF

- **b. EDGAR series identifier (if any):** S000085812

- **c. LEI of Series:** 984500AXF0156EDC0189

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $135951801.48

**Total Liabilities:** $3357599.69

**Net Assets:** $132594201.79

**Delayed Delivery Securities:** $3342740.00

**Cash Not Reported:** $655792.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 115.62000000 | **1-Year:** 1589.33000000 | **5-Year:** 6857.99000000 | **10-Year:** 28898.28000000 | **30-Year:** 21252.65000000

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

- **3-Month:** 0.00000000 | **1-Year:** 481.78000000 | **5-Year:** 1796.69000000 | **10-Year:** 8756.81000000 | **30-Year:** 4451.31000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251207 | 1.89%                | 1.01%                | 0.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1508.00                 | $1729682.19                                |
| Month 2  | $-7164.60                | $840076.25                                 |
| Month 3  | $-7277.85                | $119116.77                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| POMONA CA UNIF SCH DIST                                  | Pomona Unified School District                                                  | CUSIP: 732098RB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $101744.38    | 0.08%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| M-S-R CA ENERGY AUTH GAS REVEN                           | M-S-R Energy Authority                                                          | CUSIP: 55374SAA8<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |     90000 | PA      | $95326.58     | 0.07%             | 2029-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WSTRN RIVERSIDE CA WTR & WSTWT                           | Western Riverside Water & Wastewater Financing Authority                        | CUSIP: 95942TJA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $239526.24    | 0.18%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032US74<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    500000 | PA      | $534034.70    | 0.40%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA C                           | City & County of San Francisco CA Community Facilities District No 2016-1       | CUSIP: 79773JBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934689.20    | 0.70%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH MF                           | California Municipal Finance Authority                                          | CUSIP: 130483HZ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104765.12    | 0.08%             | 2041-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA TRANSPRTN CO                           | Riverside County Transportation Commission                                      | CUSIP: 76912DAW8<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |    530000 | PA      | $534178.68    | 0.40%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE                               | California State University                                                     | CUSIP: 13077C4G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $122652.36    | 0.09%             | 2036-11-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SXX7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    125000 | PA      | $136206.39    | 0.10%             | 2045-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH REV                           | California Public Finance Authority                                             | CUSIP: 13057EDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $670899.90    | 0.51%             | 2051-10-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| KERN CA CMNTY CLG DIST                                   | Kern Community College District                                                 | CUSIP: 492244FZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $81363.40     | 0.06%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAN BERNARDINO CITY CA UNIF SC                           | San Bernardino City Unified School District                                     | CUSIP: 796714EY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205459.96    | 0.15%             | 2043-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                           | City of Los Angeles Department of Airports                                      | CUSIP: 544445GP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $276982.08    | 0.21%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048T6D0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    240000 | PA      | $246058.32    | 0.19%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                           | California Community Choice Financing Authority                                 | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    120000 | PA      | $126068.99    | 0.10%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TAHOE FOREST CA HOSP DIST                                | Tahoe Forest Hospital District                                                  | CUSIP: 873822FW5<br>LEI: 5493000F568RTYEFBX37 | Long             | DBT              | MUN               | US        |    315000 | PA      | $303929.17    | 0.23%             | 2038-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN HILLS CA TRANSPRTN                           | San Joaquin Hills Transportation Corridor Agency                                | CUSIP: 798111GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100042.02    | 0.08%             | 2049-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA TRANSPRTN CO                           | Riverside County Transportation Commission                                      | CUSIP: 76912DAV0<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |    410000 | PA      | $415134.84    | 0.31%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELK GROVE CA FIN AUTH SPL TAX                            | Elk Grove Finance Authority                                                     | CUSIP: 287254HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $211886.88    | 0.16%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR                           | California School Finance Authority                                             | CUSIP: 13058TJZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506858.30    | 0.38%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST C                           | Los Angeles Unified School District/CA                                          | CUSIP: 544648XD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52361.15     | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Treasury Instruments Fund | Goldman Sachs Financial Square Treasury Instruments Fund                        | CUSIP: 38142B500<br>LEI: 549300DAH6N80PM31E83 | Long             | STIV             | RF                | US        |    292816 | NS      | $292816.17    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIV OF CALIFORNIA CA RGTS MED                           | Regents of the University of California Medical Center Pooled Revenue           | CUSIP: 913366HE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126336.45    | 0.10%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN                           | California Pollution Control Financing Authority                                | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000004.30   | 0.75%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A                           | River Islands Public Financing Authority                                        | CUSIP: 76827QHK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104422.33    | 0.08%             | 2052-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN                           | California Pollution Control Financing Authority                                | CUSIP: 13054WBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268686.35    | 0.20%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CA UNIF SCH DIST SPL TA                           | Irvine Unified School District                                                  | CUSIP: 463612MX6<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215352.94    | 0.16%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN LEANDRO CA PUBLIC FING AUT                           | San Leandro Public Financing Authority                                          | CUSIP: 798451BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151326.84    | 0.11%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $482608.07    | 0.36%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDORA CA UNIF SCH DIST                                | Glendora Unified School District                                                | CUSIP: 378622KT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $179842.37    | 0.14%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13034AUA6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104883.41    | 0.08%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA TRANSPRTN CO                           | Riverside County Transportation Commission                                      | CUSIP: 76912DAU2<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |    310000 | PA      | $315548.44    | 0.24%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503049.50    | 0.38%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                           | City of Los Angeles Department of Airports                                      | CUSIP: 544445A74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $788130.45    | 0.59%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT BUSINESS PRIVILEGE T                           | Territory of Guam                                                               | CUSIP: 40065NCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037070.90   | 0.78%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIERRA VIEW CA LOCAL HLTH CARE                           | Sierra View Local Health Care District/CA                                       | CUSIP: 82650PDG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $321480.48    | 0.24%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EL CENTRO CA ELEM SCH DIST                               | El Centro Elementary School District                                            | CUSIP: 28282PEE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $222482.20    | 0.17%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STHRN CALIFORNIA ST PUBLIC PWR                           | Southern California Public Power Authority                                      | CUSIP: 842469DL9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    500000 | PA      | $528572.50    | 0.40%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TULARE CA SWR REVENUE                                    | City of Tulare CA Sewer Revenue                                                 | CUSIP: 899124KL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $871516.41    | 0.66%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IMPERIAL CA IRR DIST ELEC REVE                           | Imperial Irrigation District Electric System Revenue                            | CUSIP: 452650HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $912680.19    | 0.69%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UXC7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    190000 | PA      | $160405.49    | 0.12%             | 2044-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR                           | California School Finance Authority                                             | CUSIP: 13058TJK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494286.80    | 0.37%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM INTERNATIONAL ARPT AUTH                             | Antonio B Won Pat International Airport Authority                               | CUSIP: 40064RGN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $134058.40    | 0.10%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1623000 | PA      | $1438521.22   | 1.08%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350800.91    | 0.26%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048TR62<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1167647.67   | 0.88%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULARE TRANSPRTN AUTH SALES TA                           | Tulare County Transportation Authority                                          | CUSIP: 89915CBH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105368.10    | 0.08%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13033WKZ5<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    130000 | PA      | $137076.25    | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NTHRN CA TRANSMISSION AGY REVE                           | Northern California Transmission Agency                                         | CUSIP: 664848BS6<br>LEI: 549300Q5SNIPZIW57C52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010073.40   | 0.76%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13034ARM4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    385000 | PA      | $394036.41    | 0.30%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13035ADV8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1687661.09   | 1.27%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                             | Los Angeles Unified School District/CA                                          | CUSIP: 544647KL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $298319.60    | 0.22%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA PUBLIC FACS FING                            | San Diego Public Facilities Financing Authority                                 | CUSIP: 79730CKQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $106757.82    | 0.08%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUBLIC WKS                           | Los Angeles County Public Works Financing Authority                             | CUSIP: 54473ERD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.08%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CA UNIF SCH DIST SPL TA                           | Irvine Unified School District                                                  | CUSIP: 463612JD4<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    690000 | PA      | $698902.17    | 0.53%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST                               | San Diego Unified School District/CA                                            | CUSIP: 797355N59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $436761.63    | 0.33%             | 2043-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BAKERSFIELD CA CITY SCH DIST                             | Bakersfield City School District                                                | CUSIP: 057507NL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $90220.86     | 0.07%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TURLOCK CA IRR DIST                                      | Turlock Irrigation District                                                     | CUSIP: 900190HY8<br>LEI: 5493001J7IGC81HEQJ12 | Long             | DBT              | MUN               | US        |    350000 | PA      | $353889.06    | 0.27%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CA CITY & CNTY I                           | City & County San Francisco CA Infrastructure & Revitalization Fing Dist 1 Facs | CUSIP: 79773NAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1279823.52   | 0.97%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN HOUSE CMNTY FACS DIST                           | Mountain House Community Facilities District                                    | CUSIP: 62412KAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523156.70    | 0.39%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCED CA UNION HIGH SCH DIST                            | Merced Union High School District                                               | CUSIP: 587635LW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $235641.08    | 0.18%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRUITVALE CA SCH DIST                                    | Fruitvale School District/CA                                                    | CUSIP: 359497KV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $80436.27     | 0.06%             | 2047-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SO                           | California Municipal Finance Authority                                          | CUSIP: 13048RAS6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $297170.58    | 0.22%             | 2050-09-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| FOOTHILL-DE ANZA CA CMNTY CLG                            | Foothill-De Anza Community College District                                     | CUSIP: 345102BE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $105456.46    | 0.08%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PALM DESERT CA IMPT BOND ACT 1                           | City of Palm Desert CA                                                          | CUSIP: 696618JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $724877.37    | 0.55%             | 2031-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CA CORRIDOR TRANSPRTN                            | Alameda Corridor Transportation Authority                                       | CUSIP: 010869JN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $568497.90    | 0.43%             | 2048-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR & WS                           | Guam Government Waterworks Authority                                            | CUSIP: 40065FFJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517664.45    | 0.39%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA M                           | City & County of San Francisco CA                                               | CUSIP: 79765PEG4<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252413.05    | 0.19%             | 2029-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY LTD OBL                           | California Housing Finance Agency                                               | CUSIP: 13034DBE3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1990810.80   | 1.50%             | 2029-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SP                           | California Municipal Finance Authority                                          | CUSIP: 13051AMF2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151906.43    | 0.11%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JACINTO CA UNIF SCH DIST F                           | San Jacinto Unified School District Financing Authority                         | CUSIP: 797860BL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517706.95    | 0.39%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13033L4N4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000496.90   | 0.75%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $284463.60    | 0.21%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                            | State of California                                                             | CUSIP: 13063DFQ6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503179.90    | 0.38%             | 2039-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLENDALE CA ELEC WKS REVENUE                             | City of Glendale CA Electric Revenue                                            | CUSIP: 378406TG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1317999.50   | 0.99%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UQ76<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    100000 | PA      | $111082.13    | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STHRN CA LOGISTICS ARPT AUTH                             | Southern California Logistics Airport Authority                                 | CUSIP: 842472EP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1286920.38   | 0.97%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR                           | California School Finance Authority                                             | CUSIP: 13058TJY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $116233.33    | 0.09%             | 2030-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048V4E5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269863.20    | 0.20%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UPV4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021479.50   | 0.77%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM INTERNATIONAL ARPT AUTH                             | Antonio B Won Pat International Airport Authority                               | CUSIP: 40064RGD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107078.68    | 0.08%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNEY CA UNIF SCH DIST                                  | Downey Unified School District                                                  | CUSIP: 261005RE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $135421.25    | 0.10%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EAST BAY CA REGL PARK DIST                               | East Bay Regional Park District                                                 | CUSIP: 271015UX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101288.60    | 0.08%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA MUNI IMPT CORPL                           | Municipal Improvement Corp of Los Angeles                                       | CUSIP: 5445874H8<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |    120000 | PA      | $127508.24    | 0.10%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSBAY JT POWERS AUTH CA                               | Transbay Joint Powers Authority                                                 | CUSIP: 89356CAP1<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1248110.52   | 0.94%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA REVENUES                           | University of California                                                        | CUSIP: 91412HQR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1167633.40   | 0.88%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORCUTT CA UNION SCH DIST                                 | Orcutt Union School District                                                    | CUSIP: 685729JL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $78762.10     | 0.06%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VPV4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    430000 | PA      | $439804.90    | 0.33%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                           | California Community Choice Financing Authority                                 | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    300000 | PA      | $327366.75    | 0.25%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048V4G0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271877.88    | 0.21%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH MF                           | California Municipal Finance Authority                                          | CUSIP: 130483JB7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100136.49    | 0.08%             | 2059-08-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13035ADD8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106351.99    | 0.08%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM PWR AUTH REVENUE                                    | Guam Power Authority                                                            | CUSIP: 400653JZ5<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    100000 | PA      | $110070.48    | 0.08%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT CA PUBLIC IMPT AUTH L                           | Beaumont Public Improvement Authority                                           | CUSIP: 074429CB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $174468.62    | 0.13%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                             | Los Angeles Unified School District/CA                                          | CUSIP: 544647JK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $655153.14    | 0.49%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CA ESSEN                           | CSCDA Community Improvement Authority                                           | CUSIP: 126292BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $164956.26    | 0.12%             | 2047-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| EL MONTE CA UNION HIGH SCH DIS                           | El Monte Union High School District                                             | CUSIP: 283353XB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553002.65    | 0.42%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13034AT26<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    720000 | PA      | $734505.62    | 0.55%             | 2039-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    672000 | PA      | $510277.35    | 0.38%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P                           | Los Angeles Department of Water & Power Water System Revenue                    | CUSIP: 544525Y93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076426.70   | 0.81%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM INTERNATIONAL ARPT AUTH                             | Antonio B Won Pat International Airport Authority                               | CUSIP: 40064RGL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108346.60    | 0.08%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13034A5V8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    100000 | PA      | $113183.96    | 0.09%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEEDLES CA UNIF SCH DIST                                 | Needles Unified School District                                                 | CUSIP: 640023EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $700986.55    | 0.53%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CA FACS FING AUTH LEASE                           | Irvine Facilities Financing Authority                                           | CUSIP: 46360XAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $853947.49    | 0.64%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                           | City of Los Angeles Department of Airports                                      | CUSIP: 544445P78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10965.49     | 0.01%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR & WS                           | Guam Government Waterworks Authority                                            | CUSIP: 40065FEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1765379.12   | 1.33%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E BAY CA MUNI UTILITY DIST WST                           | East Bay Municipal Utility District Wastewater System Revenue                   | CUSIP: 271012FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $122524.46    | 0.09%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOLANO CNTY CA CMNTY CLG DIST                            | Solano County Community College District                                        | CUSIP: 83412PJC7<br>LEI: 549300P3BIFQULH2R110 | Long             | DBT              | MUN               | US        |    375000 | PA      | $328372.05    | 0.25%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH CH                           | California Municipal Finance Authority                                          | CUSIP: 13048DDD7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    675000 | PA      | $678789.11    | 0.51%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UG51<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    210000 | PA      | $236264.87    | 0.18%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE CA ELEC WKS REVENUE                             | City of Glendale CA Electric Revenue                                            | CUSIP: 378406TC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047938.10   | 0.79%             | 2055-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UGK8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    500000 | PA      | $428408.15    | 0.32%             | 2039-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                           | California Community Choice Financing Authority                                 | CUSIP: 13013JAR7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    170000 | PA      | $160423.83    | 0.12%             | 2052-02-01      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                             | Los Angeles Unified School District/CA                                          | CUSIP: 544647JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $709166.91    | 0.53%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1131000 | PA      | $1103156.25   | 0.83%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| W HOLLYWOOD CA PUBLIC FING AUT                           | West Hollywood Public Financing Authority                                       | CUSIP: 95332RDA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $174718.68    | 0.13%             | 2039-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080ST20<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104575.20   | 0.83%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA DEV AUTH M                           | Los Angeles County Development Authority                                        | CUSIP: 54465JAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $156014.74    | 0.12%             | 2043-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                           | California Community Choice Financing Authority                                 | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1167768.34   | 0.88%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA UNIF SCH DIST                              | Long Beach Unified School District                                              | CUSIP: 542433QF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $398489.35    | 0.30%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RE                           | County of Sacramento CA Airport System Revenue                                  | CUSIP: 786107RY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028070.20   | 0.78%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMADOR CA WTR AGY COPS                                   | Amador Water Agency Financing Corp                                              | CUSIP: 022653BJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100539.04    | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL MONTE CA CITY SCH DIST                                | El Monte City School District/CA                                                | CUSIP: 283309JL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $59606.60     | 0.04%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032US33<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    215000 | PA      | $231895.28    | 0.17%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUBLIC WKS BRD L                           | California State Public Works Board                                             | CUSIP: 13068XJH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108871.85    | 0.08%             | 2028-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    136000 | PA      | $111633.04    | 0.08%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                           | City of Los Angeles Department of Airports                                      | CUSIP: 544445FE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041978.30   | 0.79%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MENIFEE CA UNION SCH DIST                                | Menifee Union School District                                                   | CUSIP: 586807JS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $175176.30    | 0.13%             | 2045-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH CH                           | California Municipal Finance Authority                                          | CUSIP: 13048DDF2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    355000 | PA      | $292946.46    | 0.22%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRAWLEY CA ELEM SCH DIST                                 | Brawley Elementary School District                                              | CUSIP: 105691EK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $178332.36    | 0.13%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GUAM PWR AUTH REVENUE                                    | Guam Power Authority                                                            | CUSIP: 400653JX0<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114311.00   | 0.84%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH REV                           | California Public Finance Authority                                             | CUSIP: 13056HAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101155.29    | 0.08%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST C                           | Los Angeles Unified School District/CA                                          | CUSIP: 544648WP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78749.04     | 0.06%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UE20<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    190000 | PA      | $147898.43    | 0.11%             | 2051-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY                           | San Francisco City & County Airport Comm-San Francisco International Airport    | CUSIP: 79766DWS4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    125000 | PA      | $138072.83    | 0.10%             | 2040-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU                           | San Diego County Regional Airport Authority                                     | CUSIP: 79739GNE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263164.78    | 0.20%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN                           | California Pollution Control Financing Authority                                | CUSIP: 13054WAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1122855.98   | 0.85%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SXZ2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    150000 | PA      | $163447.67    | 0.12%             | 2036-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH CO                           | California Municipal Finance Authority                                          | CUSIP: 130493CJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109392.32    | 0.08%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VDP0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    225000 | PA      | $234895.05    | 0.18%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RE                           | County of Sacramento CA Airport System Revenue                                  | CUSIP: 786107WS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110237.40   | 0.84%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONTRA COSTA CA TRANSPRTN AUTH                           | Contra Costa Transportation Authority Sales Tax Revenue                         | CUSIP: 21221MFS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $139514.78    | 0.11%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEVA                           | California Statewide Communities Development Authority                          | CUSIP: 13078RGJ3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50231.44     | 0.04%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRACY CA UNIF SCH DIST SCH FAC                           | Tracy Unified School District School Facilities Improvement District No 3       | CUSIP: 892406BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115345.14    | 0.09%             | 2032-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA MUNI IMPT CORPL                           | Municipal Improvement Corp of Los Angeles                                       | CUSIP: 544587U71<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |    140000 | PA      | $143350.30    | 0.11%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UGL6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    185000 | PA      | $180510.68    | 0.14%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA UNIF SCH DIST                              | Long Beach Unified School District                                              | CUSIP: 542433QG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $209865.23    | 0.16%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENT CITIES FIN AUTH CA                           | Independent Cities Finance Authority                                            | CUSIP: 45384PAM7<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152163.17    | 0.11%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SANTA PAULA CA SPL TAX                                   | City of Santa Paula CA                                                          | CUSIP: 802545AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $629896.38    | 0.48%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA HARBOR DEPT                               | Port of Los Angeles                                                             | CUSIP: 544552C83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $774166.72    | 0.58%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MENIFEE CA SPL TAX                                       | City of Menifee CA                                                              | CUSIP: 58680WFR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $277967.33    | 0.21%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA PUBLIC FING AUTHL                           | Riverside Public Financing Authority                                            | CUSIP: 76926CCQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $242491.12    | 0.18%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA UNIF SCH DIST FIN                           | Riverside Unified School District Financing Authority                           | CUSIP: 769066BL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $119358.59    | 0.09%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC                           | California County Tobacco Securitization Agency                                 | CUSIP: 13016NFB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $305353.86    | 0.23%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN                           | California Pollution Control Financing Authority                                | CUSIP: 130536RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999510.60    | 0.75%             | 2043-07-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048V3P1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077689.90   | 0.81%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VDW5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $307783.74    | 0.23%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH CH                           | California Municipal Finance Authority                                          | CUSIP: 13048DDG0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $202061.38    | 0.15%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR & WS                           | Guam Government Waterworks Authority                                            | CUSIP: 40065FEM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $116896.38    | 0.09%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY LTD OBL                           | California Housing Finance Agency                                               | CUSIP: 13034DAW4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    490000 | PA      | $491590.74    | 0.37%             | 2055-06-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| CYPRESS CA ELEM SCH DIST                                 | Cypress School District                                                         | CUSIP: 232723GK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $91123.77     | 0.07%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA CA TOLL AUTH TOLL BRI                           | Bay Area Toll Authority                                                         | CUSIP: 072024WG3<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    100000 | PA      | $74750.50     | 0.06%             | 2054-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATWATER CA WSTWTR REVENUE                                | City of Atwater CA Wastewater Revenue                                           | CUSIP: 050002AW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020239.40   | 0.77%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SMK7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500197.70    | 0.38%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENT CITIES FIN AUTH CA                           | Independent Cities Finance Authority                                            | CUSIP: 45384PAL9<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    665000 | PA      | $678198.72    | 0.51%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                       | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     25000 | PA      | $22244.65     | 0.02%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SRU0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    460000 | PA      | $469684.61    | 0.35%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MATCHING FUND SPL PURPOSE SECU                           | Matching Fund Special Purpose Securitization Corp                               | CUSIP: 57665NAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102977.46    | 0.08%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CA CMNTY CLG DIS                           | San Francisco Community College District                                        | CUSIP: 797683KJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108932.40    | 0.08%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA REDEV AGY                              | Riverside County Redevelopment Successor Agency                                 | CUSIP: 769123LX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $61511.67     | 0.05%             | 2038-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                           | City of Los Angeles Department of Airports                                      | CUSIP: 544445EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102883.44    | 0.08%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT CA SPL TAX                                      | City of Beaumont CA                                                             | CUSIP: 074434BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $219565.20    | 0.17%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANTIOCH CA UNIF SCH DIST                                 | Antioch Unified School District                                                 | CUSIP: 037105NU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109649.22    | 0.08%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY                           | San Francisco City & County Airport Comm-San Francisco International Airport    | CUSIP: 79766DWW5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    515000 | PA      | $548975.32    | 0.41%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                            | State of California                                                             | CUSIP: 13063EKL9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109859.03    | 0.08%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA REDEV AGY                              | Riverside County Redevelopment Successor Agency                                 | CUSIP: 769123KD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $126026.65    | 0.10%             | 2042-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UP93<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    110000 | PA      | $123108.03    | 0.09%             | 2054-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BURBANK GLENDALE PASADENA CA A                           | Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | CUSIP: 120827EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $651304.44    | 0.49%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EL MONTE CA UNION HIGH SCH DIS                           | El Monte Union High School District                                             | CUSIP: 283353WX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $903428.08    | 0.68%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT LTD OBLG REVENUE                               | Territory of Guam                                                               | CUSIP: 40065HDT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101179.31    | 0.08%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REDDING CA JT PWRS FING AUTH E                           | Redding Joint Powers Financing Authority                                        | CUSIP: 75728LCE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1205417.83   | 0.91%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMOLAND CA SCH DIST SPL TAX                             | Romoland School District                                                        | CUSIP: 776192XX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105900.16    | 0.08%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARLSBAD CA UNIF SCH DIST                                | Carlsbad Unified School District                                                | CUSIP: 142665GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $173743.01    | 0.13%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SO                           | California Municipal Finance Authority                                          | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125000.00    | 0.09%             | 2045-10-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUBLIC WKS                           | Los Angeles County Public Works Financing Authority                             | CUSIP: 54473EXS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $249127.93    | 0.19%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT CA SPL TAX                                      | City of Beaumont CA                                                             | CUSIP: 074434BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $336981.71    | 0.25%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INGLEWOOD CA JT PWRS AUTH LEAS                           | Inglewood Joint Powers Authority                                                | CUSIP: 45710PAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078338.30   | 0.81%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CITY CA UNIF SCH DI                           | Sacramento City Unified School District/CA                                      | CUSIP: 785870N85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96493.04     | 0.07%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA CA TOLL AUTH TOLL BRI                           | Bay Area Toll Authority                                                         | CUSIP: 072024YY2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 1.28%             | 2059-04-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048V2S6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103056.54    | 0.08%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN                           | California Pollution Control Financing Authority                                | CUSIP: 13053CAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99017.20     | 0.07%             | 2046-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GUAM INTERNATIONAL ARPT AUTH                             | Antonio B Won Pat International Airport Authority                               | CUSIP: 40064RGG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109721.16    | 0.08%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA SPL TAX                                    | City of Sacramento CA                                                           | CUSIP: 786071RQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $605547.42    | 0.46%             | 2052-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH ST                           | Tobacco Securitization Authority of Southern California                         | CUSIP: 888804CB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $894247.81    | 0.67%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY                           | San Francisco City & County Airport Comm-San Francisco International Airport    | CUSIP: 79766DTB5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    130000 | PA      | $137865.70    | 0.10%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEV                            | California Statewide Communities Development Authority                          | CUSIP: 13078YPL3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    875000 | PA      | $927192.26    | 0.70%             | 2034-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UDT2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    345000 | PA      | $338906.40    | 0.26%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VDS4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259059.95    | 0.20%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH TAX                           | California Public Finance Authority                                             | CUSIP: 13057UAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $229840.44    | 0.17%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                       | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    101000 | PA      | $72818.14     | 0.05%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA MUNI IMPT CORPL                           | Municipal Improvement Corp of Los Angeles                                       | CUSIP: 544587G51<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102277.67    | 0.08%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UU48<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    590000 | PA      | $640649.14    | 0.48%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EL DORADO CA IRR DIST REVENUE                            | El Dorado Irrigation District                                                   | CUSIP: 283062CE5<br>LEI: 54930090GZM9I8KVSN04 | Long             | DBT              | MUN               | US        |    695000 | PA      | $696436.22    | 0.53%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                           | California Community Choice Financing Authority                                 | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093018.60   | 0.82%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LONE PINE UNIF SCH DIST CA                               | Lone Pine Unified School District                                               | CUSIP: 54222LAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266446.05    | 0.20%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VBQ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102870.80    | 0.08%             | 2031-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                           | City of Los Angeles Department of Airports                                      | CUSIP: 544445SS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107836.86    | 0.08%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR                           | California School Finance Authority                                             | CUSIP: 13058TRB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997797.30    | 0.75%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR                           | California School Finance Authority                                             | CUSIP: 13058TKU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $230784.82    | 0.17%             | 2031-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH AQUEDUCT &                            | Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | CUSIP: 745160SJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984383.40    | 0.74%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                            | State of California                                                             | CUSIP: 13062TH72<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1156657.30   | 0.87%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH ST                           | California Municipal Finance Authority                                          | CUSIP: 13049YAJ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400355.64    | 0.30%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAHOE FOREST CA HOSP DIST                                | Tahoe Forest Hospital District                                                  | CUSIP: 873822HU7<br>LEI: 5493000F568RTYEFBX37 | Long             | DBT              | MUN               | US        |    230000 | PA      | $192468.23    | 0.15%             | 2042-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080STV6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    365000 | PA      | $378333.63    | 0.29%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                           | California Community Choice Financing Authority                                 | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107605.14    | 0.08%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048V4F2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $270876.43    | 0.20%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALVORD CA UNIF SCH DIST                                  | Alvord Unified School District                                                  | CUSIP: 022555UK0<br>LEI: 549300Q9J0UCO75DL276 | Long             | DBT              | MUN               | US        |    640000 | PA      | $430872.64    | 0.32%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCHS INFRASTRUCTURE FING AGY C                           | Schools Infrastructure Financing Agency                                         | CUSIP: 80802VBM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $161657.07    | 0.12%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT WTR & PWR                            | Los Angeles Department of Water & Power                                         | CUSIP: 5444956D1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1278210.65   | 0.96%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN ISLANDS TRANSPRTN & INF                           | Virgin Islands Transportation & Infrastructure Corp                             | CUSIP: 927686AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $158199.17    | 0.12%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL RANCHO CA UNIF SCH DIST                               | El Rancho Unified School District                                               | CUSIP: 283839VD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $102738.38    | 0.08%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032URA8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131273.00    | 0.10%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                       | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     50000 | PA      | $49969.44     | 0.04%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA CA TOLL AUTH TOLL BRI                           | Bay Area Toll Authority                                                         | CUSIP: 072024YF3<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.83%             | 2055-04-01      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEV                            | California Statewide Communities Development Authority                          | CUSIP: 13078YPM1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    595000 | PA      | $620109.54    | 0.47%             | 2039-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOOTHILL ESTRN TRANSPRTN CORRI                           | Foothill-Eastern Transportation Corridor Agency                                 | CUSIP: 345105BC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $99731.46     | 0.08%             | 2028-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LAKE TAHOE CA UNIF SCH DIST                              | Lake Tahoe Unified School District                                              | CUSIP: 511012LT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $85599.99     | 0.06%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1113033.96   | 0.84%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN ISLANDS TRANSPRTN & INF                           | Virgin Islands Transportation & Infrastructure Corp                             | CUSIP: 927686AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267542.73    | 0.20%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWPORT BEACH CA IMPT BOND ACT                           | City of Newport Beach CA                                                        | CUSIP: 651784UU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $754983.46    | 0.57%             | 2043-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UKD9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    960000 | PA      | $960435.36    | 0.72%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VDV7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $308625.06    | 0.23%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UMH8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507079.15    | 0.38%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                           | California Infrastructure & Economic Development Bank                           | CUSIP: 13034AK66<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265442.75    | 0.20%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN SAMOA AS ECON DEV AUT                           | American Samoa Economic Development Authority                                   | CUSIP: 02936TAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005695.90   | 0.76%             | 2045-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SP                           | California Municipal Finance Authority                                          | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008022.40   | 0.76%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT CA SPL TAX                                      | City of Beaumont CA                                                             | CUSIP: 074434BM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $292456.27    | 0.22%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UT40<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527545.95    | 0.40%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA MARINA REVENUE                             | City of Long Beach CA Marina System Revenue                                     | CUSIP: 542426DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101052.30    | 0.08%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEVA                           | California Statewide Communities Development Authority                          | CUSIP: 13078RHE3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    975000 | PA      | $985147.41    | 0.74%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P                           | Los Angeles Department of Water & Power                                         | CUSIP: 544532PA6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    310000 | PA      | $324217.62    | 0.24%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERNON CA ELEC SYS REVENUE                               | City of Vernon CA Electric System Revenue                                       | CUSIP: 924397EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104249.28    | 0.08%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CA                                              | City of San Jose CA                                                             | CUSIP: 798135Q85<br>LEI: 549300QHIHSH68W22O38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071092.60   | 0.81%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEJON RANCH CA PUBLIC FACS FIN                           | Tejon Ranch Public Facilities Finance Authority                                 | CUSIP: 879083FN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104655.74    | 0.08%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOLSOM RANCH CA FING AUTH SPL                            | Folsom Ranch Financing Authority                                                | CUSIP: 344414GT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104463.38    | 0.08%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY                           | San Francisco City & County Airport Comm-San Francisco International Airport    | CUSIP: 79766DWD7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008546.30   | 0.76%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEV                            | California Statewide Communities Development Authority                          | CUSIP: 13078YQR9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    915000 | PA      | $919997.64    | 0.69%             | 2028-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA REVENUES                           | University of California                                                        | CUSIP: 91412HUS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1083664.51   | 0.82%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV A                           | California Enterprise Development Authority                                     | CUSIP: 13069BBB1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    650000 | PA      | $698994.21    | 0.53%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE                               | California State University                                                     | CUSIP: 13077C3U6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005899.30   | 0.76%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT CA SPL TAX                                      | City of Beaumont CA                                                             | CUSIP: 074434BL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277557.12    | 0.21%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SRW6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    385000 | PA      | $387840.49    | 0.29%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT CA SPL TAX                                      | City of Beaumont CA                                                             | CUSIP: 074434BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306385.71    | 0.23%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HLTH CARE DI                           | Washington Township Health Care District                                        | CUSIP: 940204GE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252299.20    | 0.19%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032US58<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    155000 | PA      | $164273.48    | 0.12%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEMECULA VLY CA UNIF SCH DISTC                           | Temecula Valley Unified School District Community Facilities District           | CUSIP: 87970HRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101225.04    | 0.08%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GAVILAN CA JT CMNTY CLG DIST                             | Gavilan Joint Community College District                                        | CUSIP: 368079JY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $185940.05    | 0.14%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048VBU1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102155.77    | 0.08%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UR34<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    855000 | PA      | $986570.31    | 0.74%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UN87<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    100000 | PA      | $111483.19    | 0.08%             | 2061-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEV                            | California Statewide Communities Development Authority                          | CUSIP: 13077ESL5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    550000 | PA      | $576929.76    | 0.44%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                           | California Health Facilities Financing Authority                                | CUSIP: 13032UT73<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    100000 | PA      | $110861.50    | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MENLO PARK CA CITY SCH DIST                              | Menlo Park City School District                                                 | CUSIP: 586840ML1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $738628.90    | 0.56%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DUBLIN CA CMNTY FACS DIST IMPT                           | City of Dublin CA Community Facilities District No 2015-1                       | CUSIP: 26362PAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $587860.11    | 0.44%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT BUSINESS PRIVILEGE T                           | Territory of Guam                                                               | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96193.87     | 0.07%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                       | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1374834.46   | 1.04%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TULARE CA JT UNION HIGH SCH DI                           | Tulare Joint Union High School District                                         | CUSIP: 899098AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $214028.62    | 0.16%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FA                           | California School Finance Authority                                             | CUSIP: 13059TGM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $215025.45    | 0.16%             | 2030-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                           | California Municipal Finance Authority                                          | CUSIP: 13048V4H8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271579.30    | 0.20%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SRV8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    135000 | PA      | $137836.44    | 0.10%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA RITA CA UNION SCH DIST S                           | Santa Rita Union Elementary School District Sch Facs Improvement Dist No 2022-1 | CUSIP: 802561AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1300198.50   | 0.98%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHINO CA CMNTY FACS DIST SPL T                           | Chino Community Facilities District                                             | CUSIP: 169511VA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1314214.54   | 0.99%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUAM INTERNATIONAL ARPT AUTH                             | Antonio B Won Pat International Airport Authority                               | CUSIP: 40064RGJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $166750.80    | 0.13%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    197000 | PA      | $192150.12    | 0.14%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU                           | San Diego County Regional Airport Authority                                     | CUSIP: 79739GNW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $851113.12    | 0.64%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH ST                           | Tobacco Securitization Authority of Southern California                         | CUSIP: 888804CL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526623.55    | 0.40%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAST SIDE CA UNION HIGH SCH DI                           | East Side Union High School District                                            | CUSIP: 275282KU4<br>LEI: 549300FHNKBG2V8ZLG85 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350035.49    | 0.26%             | 2038-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FA                           | California School Finance Authority                                             | CUSIP: 13059THL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $559199.32    | 0.42%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997675.70    | 0.75%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV A                           | California Enterprise Development Authority                                     | CUSIP: 13069BAM8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    575000 | PA      | $596083.01    | 0.45%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM PWR AUTH REVENUE                                    | Guam Power Authority                                                            | CUSIP: 400653JW2<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    200000 | PA      | $220201.84    | 0.17%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE CA ELEC WKS REVENUE                             | City of Glendale CA Electric Revenue                                            | CUSIP: 378406PF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $157325.66    | 0.12%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION CA ELEM SCH DIST                                   | Union Elementary School District                                                | CUSIP: 906573FY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $133697.70    | 0.10%             | 2039-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU                           | San Diego County Regional Airport Authority                                     | CUSIP: 79739GNV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $138498.08    | 0.10%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR                           | California School Finance Authority                                             | CUSIP: 13058TTP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $743963.90    | 0.56%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $517124.65    | 0.39%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA MUNI IMPT CORPL                           | Municipal Improvement Corp of Los Angeles                                       | CUSIP: 5445875V6<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069699.80   | 0.81%             | 2050-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MATCHING FUND SPL PURPOSE SECU                           | Matching Fund Special Purpose Securitization Corp                               | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1557318.15   | 1.17%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUBLIC WKS                           | Los Angeles County Public Works Financing Authority                             | CUSIP: 54473EZP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091065.90   | 0.82%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EL CENTRO CA ELEM SCH DIST                               | El Centro Elementary School District                                            | CUSIP: 28282PEC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $166929.99    | 0.13%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                           | California Statewide Communities Development Authority                          | CUSIP: 13080SWF7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    470000 | PA      | $431584.27    | 0.33%             | 2038-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                           | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    182000 | PA      | $62061.58     | 0.05%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-27

**Name of Applicant:** Goldman Sachs ETF Trust

**Signature:** Allison Frachiolla

**Name of Signer:** Allison Frachiolla

**Title:** Vice President Assistant Treasurer