# EDGAR Filing Document

**Accession Number:** 0000003794
**File Stem:** 0001410368-25-011555
**Filing Date:** 2025-9
**Character Count:** 575615
**Document Hash:** 820307f91a93683ddecbaa4730003d8f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-011555.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001410368-25-011555

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB BOND FUND, INC.
- **CENTRAL INDEX KEY:** 0000003794

**ORGANIZATION NAME:**
- **EIN:** 132754393
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02383
- **FILM NUMBER:** 251344411

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN BOND FUND INC
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE BOND FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AB Tax-Aware Fixed Income Opportunities Portfolio (Series ID: S000043269)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000133860 | Advisor Class | ATTYX           |
| C000133863 | Class A       | ATTAX           |
| C000133864 | Class C       | ATCCX           |

## Nport-Ex

**AB Tax-Aware Fixed Income Opportunities Portfolio** 

**Portfolio of Investments** 

**July 31, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 102.8%** |  |  |
|  **Long-Term Municipal Bonds – 99.6%** |  |  |
|  **Alabama – 5.5%** |  |  |
|  Black Belt Energy Gas District<br> (Athene Annuity & Life Co.)<br>Series 2024-A<br>5.25%, 05/01/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2110510 |
|  Black Belt Energy Gas District<br> (BP PLC)<br>Series 2024-D<br>5.00%, 03/01/2055 | 3765 | 3960209 |
|  Black Belt Energy Gas District<br> (Goldman Sachs Group)<br>Series 2022-F<br>5.50%, 11/01/2053 | 2000 | 2099537 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-2<br>5.43%, 06/01/2049<sup>(a) (b)</sup> | 10000 | 10212237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.25%, 01/01/2054 | 2000 | 2116255 |
|  Black Belt Energy Gas District<br> (Morgan Stanley)<br>Series 2022-C<br>5.25%, 02/01/2053 | 1000 | 1049053 |
|  Black Belt Energy Gas District<br> (Nomura Holdings, Inc.)<br>Series 2022-A<br>4.00%, 12/01/2052 | 1000 | 987098 |
|  Black Belt Energy Gas District<br> (Pacific Mutual Holding)<br>Series 2024-C<br>5.00%, 05/01/2055 | 1000 | 1054162 |
|  County of Jefferson AL Sewer Revenue<br> (County of Jefferson AL Sewer Revenue)<br>Series 2024<br>5.25%, 10/01/2049 | 1000 | 1003546 |
|  Homewood Educational Building Authority<br> (CHF - Horizons II LLC)<br>Series 2024<br>5.50%, 10/01/2049 | 250 | 246289 |
|  Southeast Alabama Gas Supply District (The)<br> (Pacific Mutual Holding)<br>Series 2024-A<br>5.00%, 08/01/2054 | 3820 | 4035749 |
|  Southeast Energy Authority A Cooperative District<br> (Athene Annuity & Life Co.)<br>Series 2025-A<br>5.00%, 01/01/2056 | 1315 | 1326772 |
|  Southeast Energy Authority A Cooperative District<br> (BP PLC)<br>Series 2025-F<br>5.25%, 11/01/2055 | 2600 | 2793075 |
|  Southeast Energy Authority A Cooperative District<br> (Deutsche Bank AG)<br>Series 2024-A<br>5.00%, 11/01/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1030765 |
|  Southeast Energy Authority A Cooperative District<br> (Morgan Stanley)<br>Series 2022-A<br>5.341% (SOFR + 2.42%), 01/01/2053<sup>(c)</sup> | 2000 | 2098407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/01/2053 | 1000 | 1063776 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Southeast Energy Authority A Cooperative District<br> (Royal Bank of Canada)<br>Series 2023-B<br>5.00%, 01/01/2054 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10554238 |
|  Southeast Energy Authority A Cooperative District<br> (Sumitomo Mitsui Financial Group)<br>Series 2023-A<br>5.25%, 01/01/2054 | 1000 | 1051002 |
|  |  | 48792680 |
|  **Alaska – 0.6%** |  |  |
|  Municipality of Anchorage AK<br> (Municipality of Anchorage AK)<br>Series 2024-A<br>4.50%, 02/01/2060 | 1000 | 854634 |
|  Municipality of Anchorage AK Solid Waste Services Revenue<br> (Municipality of Anchorage AK Solid Waste Services Revenue)<br>Series 2022-A<br>5.25%, 11/01/2062 | 4000 | 4063790 |
|  |  | 4918424 |
|  **Arizona – 2.5%** |  |  |
|  Arizona Industrial Development Authority<br> (AZIDA 2019-2)<br>Series 2019-2, Class A<br>3.625%, 05/20/2033 | 162 | 156004 |
|  Arizona Industrial Development Authority<br> (Equitable School Revolving Fund Obligated Group)<br>Series 2023<br>5.25%, 11/01/2053 | 1550 | 1503397 |
|  Arizona Industrial Development Authority<br> (ISF Ativo Portfolio Obligated Group)<br>Series 2025<br>6.875%, 03/01/2055<sup>(b)</sup> | 1200 | 1159589 |
|  Arizona Industrial Development Authority<br>(Kipp NYC Public Charter Schools)<br>Series 2021-B<br>4.00%, 07/01/2061 | 1000 | 764329 |
|  Arizona Industrial Development Authority<br> (Legacy Cares, Inc.)<br>Series 2020<br>7.75%, 07/01/2050<sup>(d) (e) (f)</sup> | 1000 | 30600 |
|  Arizona Industrial Development Authority<br> (San Tan Valley AH I LLLP)<br>Series 2024-A<br>5.68%, 01/01/2043<sup>(b)</sup> | 1000 | 916941 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.68%, 01/01/2043<sup>(b)</sup> | 215 | 197070 |
|  Chandler Industrial Development Authority<br>(Intel Corp.)<br>Series 2022<br>5.00%, 09/01/2042 | 2000 | 2034135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2052 | 1500 | 1525767 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>4.00%, 06/01/2049 | 2000 | 1988860 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  City of Glendale AZ<br> (City of Glendale AZ COP)<br>Series 2021<br>2.222%, 07/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;902019 |
|  City of Tempe AZ<br> (City of Tempe AZ COP)<br>Series 2021<br>2.521%, 07/01/2036 | 1000 | 788656 |
|  Industrial Development Authority of the City of Phoenix Arizona (The)<br>(Brooks West Rehabilitation Services I)<br>Series 2024<br>5.00%, 10/31/2044 | 3000 | 3037603 |
|  Industrial Development Authority of the City of Phoenix Arizona (The)<br> (GreatHearts Arizona Obligated Group)<br>Series 2014<br>5.00%, 07/01/2044 | 100 | 96454 |
|  Industrial Development Authority of the County of Pima (The)<br> (La Posada at Park Centre Obligated Group)<br>Series 2022<br>6.75%, 11/15/2042<sup>(b)</sup> | 250 | 261302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 11/15/2057<sup>(b)</sup> | 250 | 258094 |
|  Maricopa County Industrial Development Authority<br>(HonorHealth Obligated Group)<br>Series 2024-D<br>5.00%, 12/01/2042 | 1000 | 1011769 |
|  Salt River Project Agricultural Improvement & Power District<br> (Salt River Project Agricultural Improvement & Power District)<br>Series 2023-B<br>5.25%, 01/01/2053 | 2000 | 2071469 |
|  Salt Verde Financial Corp.<br> (Citigroup, Inc.)<br>Series 2007<br>5.00%, 12/01/2032 | 2000 | 2135130 |
|  Yuma Industrial Development Authority<br> (Yuma Regional Medical Center Obligated Group)<br>AG Series 2024<br>5.25%, 08/01/2043 | 1250 | 1287618 |
|  |  | 22126806 |
|  **Arkansas – 0.2%** |  |  |
|  Arkansas Development Finance Authority<br> (Hybar LLC)<br>Series 2024<br>7.375%, 07/01/2048<sup>(b)</sup> | 1300 | 1399255 |
|  Arkansas Development Finance Authority<br> (United States Steel Corp.)<br>Series 2022<br>5.45%, 09/01/2052 | 200 | 195185 |
|  |  | 1594440 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **California – 12.3%** |  |  |
|  Alameda Corridor Transportation Authority<br> (Alameda Corridor Transportation Authority)<br>Series 2022-A<br>0.00%, 10/01/2049<sup>(g)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551992 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>Zero Coupon, 10/01/2053 | 1000 | 234206 |
|  Align Affordable Housing Bond Fund LP<br> (Park Landing LP)<br>Series 2022-2<br>5.66%, 08/01/2052 | 500 | 450217 |
|  Align Affordable Housing Bond Fund LP<br> (SHI - Lake Worth LLC)<br>Series 2021<br>3.25%, 12/01/2051<sup>(b)</sup> | 1000 | 870488 |
|  Align Capital Series Trust 2025-1<br> (Align Capital Series Trust 2025-1)<br>Series 2025-2<br>5.75%, 01/01/2052<sup>(b)</sup> | 1000 | 988818 |
|  ARC70 II Trust<br> (ARC70 II TRUST)<br>Series 2021<br>4.00%, 12/01/2059 | 300 | 245868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 04/01/2065<sup>(f)</sup> | 2222 | 2087662 |
|  Burbank-Glendale-Pasadena Airport Authority Brick Campaign<br> (Burbank-Glendale-Pasadena Airport Authority Brick Campaign)<br>AG Series 2024-B<br>4.50%, 07/01/2054 | 2000 | 1791133 |
|  California Community Choice Financing Authority<br> (American General Life Insurance)<br>Series 2023-D<br>5.50%, 05/01/2054 | 2000 | 2111924 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 08/01/2055 | 2800 | 2961484 |
|  California Community Choice Financing Authority<br> (Athene Annuity & Life Co.)<br>Series 2024<br>5.00%, 11/01/2055 | 1000 | 1037434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 01/01/2056 | 560 | 576362 |
|  California Community Choice Financing Authority<br> (Deutsche Bank AG)<br>Series 2023<br>5.25%, 01/01/2054 | 2315 | 2415540 |
|  California Community Choice Financing Authority<br> (Goldman Sachs Group)<br>Series 2023<br>5.00%, 12/01/2053 | 1000 | 1042067 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Community Choice Financing Authority<br> (Morgan Stanley)<br>Series 2023<br>4.551% (SOFR + 1.63%), 07/01/2053<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2009438 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-2<br>5.00%, 07/01/2053<sup>(a) (b)</sup> | 10000 | 10459138 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 02/01/2055 | 1000 | 1060905 |
|  California Community Choice Financing Authority<br> (Pacific Mutual Holding)<br>Series 2025<br>5.00%, 03/01/2056 | 1315 | 1395415 |
|  California Community Housing Agency<br> (California Community Housing Agency Aster Apartments)<br>Series 2021-A<br>4.00%, 02/01/2056<sup>(b)</sup> | 1000 | 792610 |
|  California Community Housing Agency<br> (California Community Housing Agency Brio Apartments & Next on Lex Apartments)<br>Series 2021<br>4.00%, 02/01/2056<sup>(b)</sup> | 250 | 194134 |
|  California Community Housing Agency<br> (California Community Housing Agency Fountains at Emerald Park)<br>Series 2021<br>3.00%, 08/01/2056<sup>(b)</sup> | 1000 | 636056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/2046<sup>(b)</sup> | 495 | 400848 |
|  California Community Housing Agency<br> (California Community Housing Agency Summit at Sausalito Apartments)<br>Series 2021<br>3.00%, 02/01/2057<sup>(b)</sup> | 1000 | 638145 |
|  California Community Housing Agency<br> (California Community Housing Agency Twin Creek Apartments)<br>Series 2022<br>Zero Coupon, 08/01/2065<sup>(b)</sup> | 2500 | 88028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/01/2040<sup>(b)</sup> | 1000 | 873019 |
|  California Housing Finance Agency<br> (CAHFA 2019-2)<br>Series 2019-2, Class A<br>4.00%, 03/20/2033 | 138 | 138913 |
|  California Housing Finance Agency<br> (CAHFA 2021-2)<br>Series 2021-2, Class A<br>3.75%, 03/25/2035 | 947 | 939453 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class X<br>0.825%, 03/25/2035<sup>(h)</sup> | 947 | 38257 |
|  California Housing Finance Agency<br> (CAHFA 2021-3)<br>Series 2021-3, Class A<br>3.25%, 08/20/2036 | 235 | 219359 |
|  California Infrastructure & Economic Development Bank<br> (Desertxpress Enterprises)<br>Series 2025<br>9.50%, 01/01/2065<sup>(b)</sup> | 4705 | 4195189 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Infrastructure & Economic Development Bank<br> (PIH Health Obligated Group)<br>Series 2024-A<br>5.00%, 12/01/2054<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960912 |
|  California Infrastructure & Economic Development Bank<br> (WFCS Holdings II LLC)<br>Series 2021<br>Zero Coupon, 01/01/2061<sup>(b)</sup> | 975 | 66818 |
|  California Municipal Finance Authority<br> (CHF-Riverside II LLC)<br>Series 2019<br>5.00%, 05/15/2040 | 250 | 251779 |
|  California Municipal Finance Authority<br> (Samuel Merritt University)<br>Series 2022<br>5.25%, 06/01/2053 | 1000 | 1023723 |
|  California Pollution Control Financing Authority<br> (Channelside Water Resources)<br>Series 2012<br>5.00%, 11/21/2045<sup>(b)</sup> | 1000 | 933537 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 11/21/2045<sup>(b)</sup> | 1000 | 975728 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 07/01/2035<sup>(b)</sup> | 1250 | 1307099 |
|  California Public Finance Authority<br> (ISF Ativo Portfolio Obligated Group)<br>Series 2025<br>6.75%, 03/01/2055<sup>(b)</sup> | 1105 | 1077391 |
|  California School Finance Authority<br>(Classical Academy Obligated Group)<br>Series 2022<br>5.00%, 10/01/2052<sup>(b)</sup> | 1000 | 912915 |
|  California Statewide Communities Development Authority<br> (Enloe Medical Center Obligated Group)<br>AG Series 2022-A<br>5.375%, 08/15/2057 | 1000 | 1006866 |
|  City of Los Angeles CA Wastewater System Revenue<br> (City of Los Angeles CA Wastewater System Revenue)<br>Series 2025-A<br>5.00%, 06/01/2055 | 6225 | 6309641 |
|  City of Los Angeles Department of Airports<br> (City of Los Angeles Dept. of Airports)<br>Series 2020-C<br>5.00%, 05/15/2039 | 1000 | 1014007 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.25%, 05/15/2047 | 2000 | 2013893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.50%, 05/15/2055 | 1190 | 1232403 |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Enclave)<br>Series 2022-A<br>4.00%, 08/01/2058<sup>(b)</sup> | 400 | 285911 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Latitude33)<br>Series 2021-A<br>3.00%, 12/01/2056<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129910 |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Solana at Grand)<br>Series 2021-A<br>4.00%, 08/01/2056<sup>(b)</sup> | 1000 | 810523 |
|  CMFA Special Finance Agency VIII Elan Huntington Beach<br> (CMFA Special Finance Agency VIII Elan Huntington Beach)<br>Series 2021<br>3.00%, 08/01/2056<sup>(b)</sup> | 1000 | 634980 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 777 Place-Pomona)<br>Series 2021<br>3.25%, 05/01/2057<sup>(b)</sup> | 1000 | 644036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/01/2057<sup>(b)</sup> | 350 | 233589 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 1818 Platinum Triangle-Anaheim)<br>Series 2021<br>3.25%, 04/01/2057<sup>(b)</sup> | 500 | 343283 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Acacia on Santa Rosa Creek)<br>Series 2021<br>4.00%, 10/01/2056<sup>(b)</sup> | 1000 | 775836 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Altana Apartments)<br>Series 2021<br>4.00%, 10/01/2056<sup>(b)</sup> | 200 | 145351 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Millennium South Bay-Hawthorne)<br>Series 2021<br>3.25%, 07/01/2056<sup>(b)</sup> | 1000 | 624888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/2058<sup>(b)</sup> | 1000 | 559133 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Oceanaire Apartments)<br>Series 2021<br>4.00%, 09/01/2056<sup>(b)</sup> | 1000 | 704255 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Park Crossing Apartments)<br>Series 2021<br>3.25%, 12/01/2058<sup>(b)</sup> | 800 | 516344 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Pasadena Portfolio)<br>Series 2021<br>3.00%, 12/01/2056<sup>(b)</sup> | 1000 | 665786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2056<sup>(b)</sup> | 400 | 289167 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority The Crescent)<br>Series 2022<br>4.30%, 07/01/2059<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764918 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Union South Bay)<br>Series 2021-A2<br>4.00%, 07/01/2056<sup>(b)</sup> | 1000 | 743356 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Vineyard Gardens Apartments)<br>Series 2021<br>3.25%, 10/01/2058<sup>(b)</sup> | 1000 | 662613 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Waterscape Apartments)<br>Series 2021-A<br>3.00%, 09/01/2056<sup>(b)</sup> | 1000 | 641070 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization)<br>Series 2021<br>3.85%, 06/01/2050 | 1650 | 1484256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>Zero Coupon, 06/01/2066 | 19320 | 1848723 |
|  Los Angeles Department of Water & Power<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023-E<br>5.00%, 07/01/2038 | 2245 | 2366344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 07/01/2039 | 2000 | 2087302 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 07/01/2041 | 1300 | 1338674 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 07/01/2039 | 1000 | 1045779 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2025-A<br>5.25%, 07/01/2045 | 1000 | 1033958 |
|  Los Angeles Department of Water & Power Power System Revenue<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2022<br>5.00%, 07/01/2040 | 1335 | 1367719 |
|  Los Angeles Department of Water & Power Water System Revenue<br> (Los Angeles Dept. of Water & Power Water System Revenue)<br>Series 2022-D<br>5.00%, 07/01/2047 | 4865 | 4859712 |
|  M-S-R Energy Authority<br> (Citigroup, Inc.)<br>Series 2009-B<br>7.00%, 11/01/2034 | 1000 | 1186975 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Northern California Energy Authority<br> (Pacific Mutual Holding)<br>Series 2024<br>5.00%, 12/01/2054 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057488 |
|  River Islands Public Financing Authority<br> (River Islands Public Financing Authority Cmnty Facs District No. 2003-1 Area 2)<br>Series 2022<br>5.75%, 09/01/2052 | 1000 | 1014536 |
|  San Diego County Regional Airport Authority<br> (San Diego County Regional Airport Authority)<br>Series 2025<br>5.25%, 07/01/2045 | 1000 | 1020334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/2055 | 1000 | 1032088 |
|  San Francisco Intl Airport<br> (San Francisco Intl Airport)<br>Series 2019-A<br>5.00%, 05/01/2044 | 1000 | 991784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-E<br>5.50%, 05/01/2040 | 1315 | 1395503 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.25%, 05/01/2040 | 3400 | 3576865 |
|  San Joaquin Valley Clean Energy Authority<br> (Goldman Sachs Group)<br>Series 2025<br>5.50%, 01/01/2056 | 1000 | 1099966 |
|  Southern California Public Power Authority<br> (American General Life Insurance)<br>Series 2024-A<br>5.00%, 04/01/2055 | 1400 | 1464760 |
|  Southern California Public Power Authority<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023<br>5.00%, 07/01/2048 | 1000 | 1005973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2053 | 2975 | 3024864 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 07/01/2042 | 1000 | 1025742 |
|  Southern California Public Power Authority<br> (Southern California Public Power Authority)<br>BAM Series 2025<br>5.25%, 07/01/2050 | 1000 | 1026934 |
|  Tobacco Securitization Authority of Northern California<br> (Sacramento County Tobacco Securitization)<br>Series 2021<br>Zero Coupon, 06/01/2060 | 2000 | 287082 |
|  Tobacco Securitization Authority of Southern California<br> (San Diego County Tobacco Asset Securitization)<br>Series 2006<br>Zero Coupon, 06/01/2046 | 1000 | 229553 |
|  |  | 108578677 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Colorado – 2.2%** |  |  |
|  Aurora Highlands Community Authority Board<br> (Aurora Highlands Community Authority Board)<br>Series 2021-A<br>5.75%, 12/01/2051 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454138 |
|  Centerra Metropolitan District No. 1<br> (Centerra Metropolitan District No. 1)<br>Series 2022<br>6.50%, 12/01/2053 | 500 | 515669 |
|  City & County of Denver CO<br> (United Airlines, Inc.)<br>Series 2017<br>5.00%, 10/01/2032 | 615 | 614958 |
|  City & County of Denver CO Airport System Revenue<br> (City & County of Denver CO Airport System Revenue)<br>Series 2022-A<br>5.00%, 11/15/2034 | 2000 | 2136925 |
|  City & County of Denver CO Airport System Revenue<br> (Denver Intl Airport)<br>Series 2018-A<br>5.00%, 12/01/2029 | 1000 | 1052540 |
|  Colorado Educational & Cultural Facilities Authority<br> (James Irwin Educational Foundation Obligated Group)<br>Series 2022<br>5.00%, 09/01/2062 | 1000 | 889085 |
|  Colorado Educational & Cultural Facilities Authority<br> (Lighthouse Building Corp.)<br>Series 2021<br>4.00%, 10/01/2061 | 1000 | 714491 |
|  Colorado Health Facilities Authority<br> (Aberdeen Ridge Obligated Group)<br>Series 2021-A<br>5.00%, 05/15/2049 | 100 | 70508 |
|  Colorado Health Facilities Authority<br> (Christian Living Neighborhoods Obligated Group)<br>Series 2021<br>4.00%, 01/01/2042 | 1000 | 834695 |
|  Colorado Health Facilities Authority<br> (Frasier Meadows Manor Obligated Group)<br>Series 2023-2<br>4.00%, 05/15/2041 | 100 | 86961 |
|  Colorado Health Facilities Authority<br> (Intermountain Healthcare Obligated Group)<br>Series 2024-A<br>5.00%, 05/15/2054 | 2000 | 1963393 |
|  Colorado High Performance Transportation Enterprise<br> (Colorado High Performance Transportation Enterprise C-470 Express Lanes System)<br>Series 2017<br>5.00%, 12/31/2056 | 1000 | 922301 |
|  Colorado Housing & Finance Authority<br> (Albion Apartments LLLP)<br>Series 2025<br>3.375%, 07/01/2044 | 1000 | 1008143 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Douglas County Housing Partnership (Bridgewater Castle Rock ALF)<br>Series 2021 5.375%,<br>01/01/2041<sup>(d) (e) (f)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187500 |
|  E-470 Public Highway Authority<br> (E-470 Public Highway Authority)<br>Series 2024-B<br>3.671% (SOFR + 0.75%), 09/01/2039<sup>(c)</sup> | 2000 | 1997786 |
|  Johnstown Plaza Metropolitan District<br> (Johnstown Plaza Metropolitan District)<br>Series 2022<br>4.25%, 12/01/2046 | 544 | 450788 |
|  Platte River Metropolitan District<br> (Platte River Metropolitan District)<br>Series 2023-A<br>6.50%, 08/01/2053<sup>(b)</sup> | 201 | 198900 |
|  Redtail Ridge Metropolitan District<br> (Redtail Ridge Metropolitan District)<br>Series 2025<br>Zero Coupon, 12/01/2032 | 1000 | 596419 |
|  Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado<br> (Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado)<br>Series 2025-A<br>5.00%, 04/01/2035<sup>(b)</sup> | 2000 | 2109504 |
|  St. Vrain Lakes Metropolitan District No. 4<br> (St. Vrain Lakes Metropolitan District No. 4)<br>Series 2024-A<br>0.00%, 09/20/2054<sup>(b) (g)</sup> | 1000 | 674475 |
|  Sterling Ranch Community Authority Board<br> (Sterling Ranch Metropolitan District No. 3)<br>Series 2022<br>6.50%, 12/01/2042 | 500 | 516529 |
|  Town of Vail CO<br> (Town of Vail CO COP)<br>Series 2025<br>5.50%, 12/01/2064 | 1000 | 1031815 |
|  Vauxmont Metropolitan District<br> (Vauxmont Metropolitan District)<br>AG Series 2019<br>5.00%, 12/15/2028 | 380 | 391785 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2020<br>5.00%, 12/01/2050 | 100 | 94847 |
|  |  | 19514155 |
|  **Connecticut – 0.3%** |  |  |
|  City of New Haven CT<br> (City of New Haven CT)<br>Series 2018-A<br>5.50%, 08/01/2038 | 615 | 633771 |
|  Connecticut State Health & Educational Facilities Authority<br> (Yale University)<br>Series 2023-A<br>2.80%, 07/01/2048 | 2200 | 2191948 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Town of Hamden CT<br> (Whitney Center Obligated Group)<br>Series 2022-A<br>7.00%, 01/01/2053 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103228 |
|  |  | 2928947 |
|  **Delaware – 0.1%** |  |  |
|  Affordable Housing Tax-Exempt Bond Pass-Thru Trust<br> (Affordable Housing Tax-Exempt Bond Pass-Thru Trust)<br>Series 2023-2<br>6.00%, 10/05/2040<sup>(b)</sup> | 484 | 474868 |
|  **District of Columbia – 5.0%** |  |  |
|  District of Columbia<br> (Catholic University of America)<br>Series 2025<br>5.75%, 10/01/2055 | 2000 | 2047223 |
|  District of Columbia<br> (Plenary Infrastructure DC State Lease)<br>Series 2022<br>5.00%, 08/31/2028 | 1000 | 1047449 |
|  District of Columbia Income Tax Revenue<br> (District of Columbia Income Tax Revenue)<br>Series 2025-A<br>5.00%, 06/01/2050 | 6545 | 6628694 |
|  District of Columbia Tobacco Settlement Financing Corp.<br> (District of Columbia Tobacco Settlement Financing)<br>Series 2006<br>Zero Coupon, 06/15/2055 | 2500 | 219960 |
|  Metropolitan Washington Airports Authority Aviation Revenue<br> (Metropolitan Washington Airports Authority Aviation Revenue)<br>Series 2024-A<br>5.50%, 10/01/2054 | 10000 | 10242175 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 10/01/2035 | 3410 | 3697650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 1000 | 1070579 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2050 | 1000 | 988188 |
|  Metropolitan Washington Airports Authority Dulles Toll Road Revenue<br> (Metropolitan Washington Airports Authority Dulles Toll Road Revenue)<br>Series 2009<br>Zero Coupon, 10/01/2037 | 10000 | 5784463 |
|  Washington Metropolitan Area Transit Authority<br> (Washington Metropolitan Area Transit Authority State Lease)<br>Series 2023<br>5.25%, 07/15/2053 | 10000 | 10194530 |
|  Washington Metropolitan Area Transit Authority Dedicated Revenue<br> (Washington Metropolitan Area Transit Authority Dedicated Revenue Lease)<br>Series 2025-A<br>5.25%, 07/15/2055 | 1000 | 1026983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/15/2060 | 1430 | 1493043 |
|  |  | 44440937 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Florida – 6.0%** |  |  |
|  Bexley Community Development District<br> (Bexley Community Development District)<br>Series 2016<br>4.875%, 05/01/2047 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90624 |
|  Capital Projects Finance Authority/FL<br> (Imagine School At North Port)<br>Series 2025<br>6.25%, 06/15/2045<sup>(b)</sup> | 1000 | 987621 |
|  Capital Projects Finance Authority/FL<br> (Navigator Academy of Leadership Obligated Group)<br>Series 2024<br>5.00%, 06/15/2034<sup>(b)</sup> | 535 | 538670 |
|  Capital Projects Finance Authority/FL<br> (PRG - UnionWest Properties)<br>Series 2024<br>0.00%, 06/01/2062<sup>(b) (g)</sup> | 4710 | 639746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2049<sup>(b)</sup> | 1360 | 1257051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2054<sup>(b)</sup> | 1000 | 906617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2058<sup>(b)</sup> | 1135 | 1023208 |
|  Capital Trust Agency, Inc.<br> (Educational Growth Fund)<br>Series 2021<br>Zero Coupon, 07/01/2061<sup>(b)</sup> | 2000 | 145400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2056<sup>(b)</sup> | 1090 | 909179 |
|  City of Palmetto FL<br> (Renaissance Arts & Education)<br>Series 2022<br>5.375%, 06/01/2057 | 1000 | 966108 |
|  City of Tampa FL<br> (State of Florida Cigarette Tax Revenue)<br>Series 2020-A<br>Zero Coupon, 09/01/2053 | 1000 | 205726 |
|  County of Lake FL<br> (Waterman Communities)<br>Series 2020<br>5.75%, 08/15/2055 | 200 | 179229 |
|  County of Lee FL Airport Revenue<br> (County of Lee FL Airport Revenue)<br>Series 2024<br>5.25%, 10/01/2054 | 1000 | 1003384 |
|  County of Miami-Dade FL Aviation Revenue<br> (County of Miami-Dade FL Aviation Revenue)<br>Series 2024-A<br>5.00%, 10/01/2034 | 5400 | 5817962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.50%, 10/01/2055 | 1345 | 1367799 |
|  County of Miami-Dade Seaport Department<br> (County of Miami-Dade Seaport Dept.)<br>Series 2023-A<br>5.00%, 10/01/2034 | 1000 | 1061242 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  County of Osceola FL Transportation Revenue<br> (County of Osceola FL Transportation Revenue)<br>Series 2020-A<br>Zero Coupon, 10/01/2036 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134810 |
|  County of Palm Beach FL<br> (Palm Beach Atlantic University)<br>Series 2025<br>5.50%, 10/01/2045<sup>(b)</sup> | 1000 | 1002489 |
|  County of Palm Beach FL<br> (Provident Group - LU Properties II)<br>Series 2024<br>8.50%, 06/01/2033 | 100 | 101079 |
|  County of Palm Beach FL<br> (Provident Group - LU Properties)<br>Series 2024<br>6.00%, 06/01/2044 | 1000 | 946660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/01/2054 | 1000 | 926881 |
|  County of Palm Beach FL<br> (Provident Group-PBAU Properties)<br>Series 2019<br>5.00%, 04/01/2051<sup>(b)</sup> | 1000 | 893558 |
|  County of Palm Beach FL Airport System Revenue<br> (County of Palm Beach FL Airport System Revenue)<br>Series 2024-B<br>5.25%, 10/01/2043 | 1000 | 1020827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2044 | 1100 | 1116893 |
|  County of Pasco FL<br> (H Lee Moffitt Cancer Center & Research Institute Obligated Group)<br>Series 2023<br>5.00%, 07/01/2030<sup>(b)</sup> | 3000 | 3254734 |
|  Escambia County Housing Finance Authority<br> (4900 S. Rio Grande Ave)<br>Series 2023-A<br>6.88%, 11/01/2053<sup>(b)</sup> | 100 | 102746 |
|  Florida Development Finance Corp.<br> (Assistance Unlimited)<br>Series 2022<br>6.00%, 08/15/2057<sup>(b)</sup> | 350 | 312673 |
|  Florida Development Finance Corp.<br> (Brightline Trains Florida)<br>AG Series 2024<br>5.25%, 07/01/2053 | 2500 | 2390495 |
|  Florida Development Finance Corp.<br> (Cornerstone Charter Academy Obligated Group)<br>Series 2022<br>5.00%, 10/01/2042<sup>(b)</sup> | 1000 | 927994 |
|  Florida Development Finance Corp.<br> (Drs Kiran & Pallavi Patel 2017 Foundation for Global Understanding)<br>Series 2021<br>4.00%, 07/01/2051<sup>(b)</sup> | 100 | 76509 |
|  Florida Development Finance Corp.<br> (GFL Solid Waste Southeast)<br>Series 2024<br>4.375%, 10/01/2054<sup>(b)</sup> | 1000 | 992942 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Florida Development Finance Corp.<br> (Seaside School Consortium)<br>Series 2022<br>5.75%, 06/15/2047 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003359 |
|  Florida Housing Finance Corp.<br> (Bayside Breeze Redevelopment LLLP)<br>Series 2025<br>3.625%, 08/01/2029 | 1000 | 1002060 |
|  Florida Local Government Finance Commission<br>(BridgePrep Academy Series 2025 Obligated Group)<br>Series 2025<br>6.25%, 06/15/2055<sup>(b)</sup> | 1000 | 999636 |
|  Greater Orlando Aviation Authority<br> (Greater Orlando Aviation Authority)<br>Series 2019-A<br>5.00%, 10/01/2044 | 1280 | 1264719 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 10/01/2034 | 1015 | 1104949 |
|  Hillsborough County Aviation Authority<br> (Hillsborough County Aviation Authority)<br>Series 2024<br>5.50%, 10/01/2049 | 1000 | 1034006 |
|  Hillsborough County Industrial Development Authority<br> (BayCare Obligated Group)<br>Series 2024<br>4.125%, 11/15/2051 | 2000 | 1714914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/15/2054 | 1000 | 1036552 |
|  Lee County Industrial Development Authority/FL<br> (Cypress Cove at Healthpark Florida Obligated Group)<br>Series 2022<br>5.25%, 10/01/2052 | 500 | 423998 |
|  Miami-Dade County Educational Facilities Authority<br>(University of Miami)<br>Series 2025-B<br>5.25%, 04/01/2040 | 1000 | 1063046 |
|  Miami-Dade County Industrial Development Authority<br> (AcadeMir Charter School Middle & Preparatory Academy Obligated Group)<br>Series 2022<br>5.50%, 07/01/2061<sup>(b)</sup> | 1000 | 876034 |
|  North Broward Hospital District<br> (North Broward Hospital District)<br>Series 2017-B<br>5.00%, 01/01/2037 | 100 | 100673 |
|  Orange County Convention Center/Orlando<br> (Orange County Convention Center/Orlando)<br>Series 2015<br>5.00%, 10/01/2031 | 2000 | 2004436 |
|  Orange County Health Facilities Authority<br> (Orlando Health Obligated Group)<br>Series 2025<br>5.00%, 10/01/2046 | 1100 | 1102302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2056 | 1000 | 996361 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Orange County Health Facilities Authority<br> (Presbyterian Retirement Communities Obligated Group)<br>Series 2023<br>4.00%, 08/01/2042 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862122 |
|  Palm Beach County Educational Facilities Authority<br> (Palm Beach Atlantic University Obligated Group)<br>Series 2021<br>4.00%, 10/01/2041 | 1000 | 851134 |
|  Palm Beach County Health Facilities Authority<br> (Federation CCRC Operations Obligated Group)<br>Series 2022<br>4.25%, 06/01/2056 | 200 | 155135 |
|  Palm Beach County Health Facilities Authority<br> (Green Cay Life Plan Village)<br>Series 2022<br>11.50%, 07/01/2027<sup>(b)</sup> | 100 | 138331 |
|  Palm Beach County Health Facilities Authority<br> (Jupiter Medical Center Obligated Group)<br>Series 2025<br>5.25%, 11/01/2041 | 1500 | 1517321 |
|  Palm Beach County School District<br> (Palm Beach County School District COP)<br>Series 2022-B<br>5.25%, 08/01/2039 | 1000 | 1062827 |
|  Pinellas County Industrial Development Authority<br> (Pinellas County Industrial Development Authority)<br>Series 2019<br>5.00%, 07/01/2039 | 1000 | 958810 |
|  Village Community Development District No. 13<br> (Village Community Development District No. 13 Phase I Series 2019 Special Assmnts)<br>Series 2019<br>3.55%, 05/01/2039 | 595 | 514646 |
|  Village Community Development District No. 15<br> (Village Community Development District No. 15 Series 2023 Phase I Special Assmnt)<br>Series 2023<br>5.25%, 05/01/2054<sup>(b)</sup> | 100 | 96412 |
|  |  | 53184639 |
|  **Georgia – 3.2%** |  |  |
|  Atlanta Development Authority (The)<br> (City of Atlanta GA Westside Tax Allocation District Gulch Area)<br>Series 2024<br>0.00%, 12/15/2048<sup>(b) (g)</sup> | 1000 | 849639 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br> 5.50%, 04/01/2039<sup>(b)</sup> | 1000 | 997488 |
|  Augusta Development Authority<br> (WellStar Health System Obligated Group)<br>Series 2018<br>5.00%, 07/01/2031 | 1065 | 1119466 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Fayette County Development Authority<br> (United States Soccer Federation)<br>Series 2024<br>5.25%, 10/01/2054 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001216 |
|  Gainesville & Hall County Hospital Authority<br> (Northeast Georgia Health System Obligated Group)<br>Series 2024<br>5.00%, 10/15/2034 | 1000 | 1108017 |
|  Main Street Natural Gas, Inc.<br> (Citigroup, Inc.)<br>Series 2019-C<br>4.00%, 03/01/2050 | 3215 | 3222230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.00%, 06/01/2053 | 3000 | 3154950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 12/01/2055 | 1255 | 1309033 |
|  Main Street Natural Gas, Inc.<br> (Royal Bank of Canada)<br>Series 2023<br>4.621% (SOFR + 1.70%), 12/01/2053<sup>(c)</sup> | 2000 | 2012631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.00%, 07/01/2053 | 1000 | 1055444 |
|  Main Street Natural Gas, Inc.<br> (Toronto-Dominion Bank)<br>Series 2024-D<br>5.00%, 04/01/2054 | 2500 | 2651187 |
|  Municipal Electric Authority of Georgia<br> (JEA Electric System Revenue)<br>Series 2019<br>5.00%, 01/01/2049 | 2000 | 1951049 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023<br>5.00%, 07/01/2064 | 1000 | 979231 |
|  Municipal Electric Authority of Georgia<br> (PowerSouth Energy Cooperative)<br>Series 2022<br>5.50%, 07/01/2063 | 1500 | 1520279 |
|  Private Colleges & Universities Authority<br> (Emory University)<br>Series 2023<br>5.00%, 09/01/2033<sup>(b)</sup> | 5000 | 5576283 |
|  |  | 28508143 |
|  **Guam – 0.5%** |  |  |
|  Antonio B Won Pat International Airport Authority<br> (Antonio B Won Pat Intl Airport Authority)<br>Series 2024-A<br>5.00%, 10/01/2029 | 1300 | 1359196 |
|  Guam Government Waterworks Authority<br> (Guam Govt Waterworks Authority)<br>Series 2025-A<br>5.50%, 07/01/2044<sup>(i)</sup> | 1000 | 1033813 |
|  Territory of Guam<br> (Territory of Guam)<br>Series 2025-G<br>5.00%, 01/01/2034<sup>(i)</sup> | 1500 | 1615319 |
|  |  | 4008328 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Hawaii – 0.2%** |  |  |
|  City & County Honolulu HI Wastewater System Revenue<br> (City & County Honolulu HI Wastewater System Revenue)<br>Series 2020-A<br>2.624%, 07/01/2045 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;676496 |
|  State of Hawaii Airports System Revenue<br> (State of Hawaii Airports System Revenue)<br>Series 2025-C<br>5.00%, 07/01/2045 | 1000 | 989141 |
|  |  | 1665637 |
|  **Idaho – 0.1%** |  |  |
|  Idaho Health Facilities Authority<br> (North Canyon Medical Center)<br>Series 2023<br>7.125%, 11/01/2057 | 1000 | 1040151 |
|  **Illinois – 5.2%** |  |  |
|  Chicago Board of Education<br> (Chicago Board of Education)<br>Series 2012-A<br>5.00%, 12/01/2042 | 1040 | 966132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-B<br>5.00%, 12/01/2033 | 1000 | 1000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-A<br>7.00%, 12/01/2046<sup>(b)</sup> | 2000 | 2055015 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-B<br>7.00%, 12/01/2042<sup>(b)</sup> | 1000 | 1033715 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 12/01/2029 | 100 | 104233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 | 100 | 102387 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-B<br>5.00%, 12/01/2033 | 100 | 100621 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 12/01/2033 | 1000 | 1021148 |
|  Chicago O'Hare International Airport<br> (Chicago O'Hare Intl Airport)<br>Series 2024-A<br>5.50%, 01/01/2053 | 3245 | 3308213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.25%, 01/01/2041 | 1980 | 2048349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2042 | 2000 | 2050151 |
|  Chicago Transit Authority Sales Tax Receipts Fund<br> (Chicago Transit Authority Sales Tax Receipts Fund)<br>Series 2024-A<br>5.00%, 12/01/2049 | 1370 | 1330053 |
|  City of Chicago IL<br> (City of Chicago IL)<br>Series 2025-A<br>6.00%, 01/01/2050 | 1000 | 1021755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 01/01/2033 | 1000 | 1053179 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  County of Cook IL<br> (County of Cook IL)<br>Series 2021-B<br>4.00%, 11/15/2025 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003332 |
|  Illinois Finance Authority<br> (Centerpoint Joliet Terminal Railroad)<br>Series 2024<br>4.125%, 12/01/2043<sup>(b)</sup> | 1000 | 957843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.80%, 12/01/2043<sup>(b)</sup> | 1000 | 998910 |
|  Illinois Finance Authority<br> (DePaul College Prep)<br>Series 2023<br>5.625%, 08/01/2053<sup>(b)</sup> | 1000 | 1002175 |
|  Illinois Finance Authority<br> (Lake Forest College)<br>Series 2022-A<br>5.50%, 10/01/2047 | 1000 | 979985 |
|  Illinois Finance Authority<br> (OSF Healthcare System Obligated Group)<br>Series 2024<br>5.00%, 11/15/2034 | 1515 | 1621913 |
|  Illinois Finance Authority<br> (Park Place of Elmhurst Obligated Group)<br>Series 2021<br>5.125%, 05/15/2060 | 140 | 99741 |
|  Illinois Finance Authority<br> (Prerefunded - Others)<br>Series 2015-C<br>5.00%, 08/15/2035 | 250 | 250230 |
|  Illinois Housing Development Authority<br> (Circle Park Preservation)<br>Series 2024-2<br>4.00%, 01/01/2042<sup>(a) (b)</sup> | 10000 | 8773425 |
|  Illinois Housing Development Authority<br> (Drexel Court & Lake Park East)<br>Series 2022<br>7.17%, 11/01/2038 | 100 | 100128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.67%, 11/01/2038<sup>(f)</sup> | 955 | 903404 |
|  Illinois State Toll Highway Authority<br> (Illinois State Toll Highway Authority)<br>Series 2009<br>6.184%, 01/01/2034 | 1000 | 1064877 |
|  Metropolitan Pier & Exposition Authority<br> (Metropolitan Pier & Exposition Authority)<br>Series 2015-B<br>5.00%, 12/15/2045 | 600 | 588912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017<br>0.00%, 12/15/2042<sup>(g)</sup> | 1000 | 696161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br> 5.00%, 06/15/2042 | 640 | 645553 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 12/15/2042 | 1000 | 874862 |
|  State of Illinois<br> (State of Illinois)<br>Series 2010<br>7.35%, 07/01/2035 | 179 | 193177 |

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---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-D<br>5.00%, 11/01/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954837 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>5.50%, 03/01/2047 | 1000 | 1016047 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>5.50%, 10/01/2045 | 1000 | 1020556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 02/01/2031 | 1345 | 1456453 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>4.25%, 05/01/2046 | 1000 | 867978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2038 | 1000 | 1044647 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2043 | 1000 | 1018474 |
|  |  | 45328571 |
|  **Indiana – 2.2%** |  |  |
|  City of Fort Wayne IN<br> (Do Good Foods Fort Wayne Obligated Group)<br>10.75%, 12/01/2029<sup>(d) (e)</sup> | 33 | 3 |
|  City of Valparaiso IN<br> (Green Oaks of Valparaiso)<br>Series 2021<br>5.375%, 12/01/2041<sup>(b)</sup> | 150 | 128496 |
|  City of Whiting IN<br> (BP PLC)<br>Series 2023<br>4.40%, 11/01/2045 | 1000 | 1018271 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.20%, 06/01/2044 | 1000 | 992119 |
|  Indiana Finance Authority<br> (Brightmark Plastics Renewal Indiana)<br>Series 2019<br>7.00%, 03/01/2039<sup>(d) (e) (f)</sup> | 1070 | 53500 |
|  Indiana Finance Authority<br> (Good Samaritan Hospital Obligated Group)<br>Series 2022<br>5.00%, 04/01/2029 | 100 | 105055 |
|  Indiana Finance Authority<br> (Greencroft Goshen Obligated Group)<br>Series 2021<br>4.00%, 11/15/2043 | 1000 | 813400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-2<br>4.00%, 11/15/2037 | 100 | 91112 |
|  Indiana Finance Authority<br> (Ohio Valley Electric)<br>Series 2021-B<br>2.50%, 11/01/2030 | 165 | 154957 |
|  Indiana Finance Authority<br> (Parkview Health System Obligated Group)<br>Series 2024-B<br>3.762% (SOFR + 0.71%), 11/01/2046<sup>(c) (f)</sup> | 9825 | 9809156 |
|  Indiana Finance Authority<br> (SFP-PUFW I LLC)<br>Series 2024<br>5.00%, 07/01/2054 | 1000 | 935916 |

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------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Indiana Finance Authority<br> (University of Evansville)<br>Series 2022<br>5.25%, 09/01/2057 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894501 |
|  Indiana Housing & Community Development Authority<br> (Vita of Marion LLC)<br>Series 2021-A<br>5.25%, 04/01/2041<sup>(b)</sup> | 1000 | 824605 |
|  Indianapolis Local Public Improvement Bond Bank<br> (Pan Am Plaza Hotel)<br>Series 2023<br>5.75%, 03/01/2043 | 330 | 338906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/2053 | 250 | 254929 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-F<br>7.75%, 03/01/2067 | 250 | 269955 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2023<br>5.25%, 03/01/2067 | 3000 | 3025353 |
|  |  | 19710234 |
|  **Iowa – 0.2%** |  |  |
|  Iowa Finance Authority<br> (Wesley Retirement Services Obligated Group)<br>Series 2021<br>4.00%, 12/01/2031 | 100 | 94983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2041 | 170 | 132721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2046 | 115 | 81648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2051 | 205 | 137484 |
|  Iowa Tobacco Settlement Authority<br> (Iowa Tobacco Settlement Authority)<br>Series 2021-B<br>Zero Coupon, 06/01/2065 | 2365 | 328187 |
|  PEFA, Inc.<br> (Goldman Sachs Group)<br>Series 2019<br>5.00%, 09/01/2049 | 1000 | 1010451 |
|  |  | 1785474 |
|  **Kansas – 0.2%** |  |  |
|  City of Colby KS<br> (Citizens Medical Center)<br>Series 2024<br>5.50%, 07/01/2026 | 1000 | 1002626 |
|  City of Overland Park KS Sales Tax Revenue<br> (City of Overland Park KS Sales Tax Revenue)<br>Series 2022<br>6.00%, 11/15/2034<sup>(b)</sup> | 100 | 104205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/2042<sup>(b)</sup> | 300 | 310452 |
|  |  | 1417283 |
|  **Kentucky – 0.7%** |  |  |
|  City of Ashland KY<br> (Royal Blue Health Obligated Group)<br>Series 2019<br>4.00%, 02/01/2034 | 385 | 370875 |
|  City of Henderson KY<br> (Pratt Paper KY LLC)<br>Series 2022<br>3.70%, 01/01/2032<sup>(b)</sup> | 250 | 245718 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Kenton County Airport Board<br> (Kenton County Airport Board)<br>Series 2024-A<br>5.25%, 01/01/2049 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3001614 |
|  Kentucky Economic Development Finance Authority<br> (Baptist Healthcare System Obligated Group)<br>Series 2017-B<br>5.00%, 08/15/2037 | 175 | 177184 |
|  Kentucky Economic Development Finance Authority<br> (Carmel Manor, Inc.)<br>Series 2022<br>4.50%, 10/01/2027 | 1000 | 1000244 |
|  Kentucky Economic Development Finance Authority<br> (CommonSpirit Health Obligated Group)<br>Series 2019-A<br>4.00%, 08/01/2039 | 160 | 147760 |
|  Kentucky Economic Development Finance Authority<br> (Masonic Homes of Kentucky Obligated Group)<br>Series 2012<br>5.375%, 11/15/2042 | 65 | 52738 |
|  Kentucky Economic Development Finance Authority<br> (Owensboro Health Obligated Group)<br>Series 2017-A<br>5.00%, 06/01/2037 | 425 | 425940 |
|  Kentucky Housing Corp.<br> (Churchill Park LLLP)<br>Series 2022-A<br>5.75%, 11/01/2040<sup>(b)</sup> | 600 | 582918 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>6.75%, 11/01/2040<sup>(b)</sup> | 100 | 97326 |
|  Louisville/Jefferson County Metropolitan Government<br> (Norton Healthcare Obligated Group)<br>Series 2016<br>5.00%, 10/01/2033 | 225 | 227590 |
|  |  | 6329907 |
|  **Louisiana – 1.5%** |  |  |
|  City of New Orleans LA Water System Revenue<br> (City of New Orleans LA Water System Revenue)<br>AG Series 2021<br>2.889%, 12/01/2041 | 1000 | 736089 |
|  Louisiana Local Government Environmental Facilities & Community Development Auth<br> (Louisiana Utilities Restoration ELL System Restoration Revenue)<br>Series 2023<br>5.048%, 12/01/2034 | 1000 | 1020512 |
|  Louisiana Local Government Environmental Facilities & Community Development Auth<br> (Woman's Hospital Foundation)<br>Series 2017<br>5.00%, 10/01/2036 | 675 | 682100 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Louisiana Public Facilities Authority<br> (Calcasieu Bridge Partners)<br>Series 2024<br>5.00%, 09/01/2066 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $910798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/01/2064 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030492 |
|  Louisiana Public Facilities Authority<br> (ElementUS Minerals LLC)<br>Series 2023<br>5.00%, 10/01/2043<sup>(b)</sup> | 2000 | 2006134 |
|  Louisiana Public Facilities Authority<br> (Geo Prep Mid-City of Greater Baton Rouge)<br>Series 2022<br>6.125%, 06/01/2052<sup>(b)</sup> | 1025 | 1000968 |
|  Louisiana Public Facilities Authority<br> (Louisiana Pellets, Inc.)<br>Series 2014-A<br>7.50%, 07/01/2023<sup>(d) (j)</sup> | 250 | 3 |
|  Louisiana Public Facilities Authority<br> (Louisiana State University & Agricultural & Mechanical College Auxiliary Revenue)<br>Series 2019<br>5.00%, 07/01/2059 | 1335 | 1283677 |
|  New Orleans Aviation Board<br> (New Orleans Aviation Board)<br>Series 2017-B<br>5.00%, 01/01/2043 | 215 | 210261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 01/01/2035 | 1000 | 1065106 |
|  Parish of St. John the Baptist LA<br> (Marathon Oil Corp.)<br>Series 2024<br>3.30%, 06/01/2037 | 1000 | 1005312 |
|  State of Louisiana Gasoline & Fuels Tax Revenue<br> (State of Louisiana Gasoline & Fuels Tax Revenue)<br>Series 2022-A<br>3.552% (SOFR + 0.50%), 05/01/2043<sup>(c)</sup> | 965 | 962726 |
|  |  | 12914178 |
|  **Maryland – 1.3%** |  |  |
|  Maryland Economic Development Corp.<br> (Air Cargo Obligated Group)<br>Series 2019<br>4.00%, 07/01/2044 | 600 | 500709 |
|  Maryland Economic Development Corp.<br> (Maryland Econ Dev Corp-Morgan View & Thurgood Marshall Student Hsg)<br>Series 2022<br>6.00%, 07/01/2058 | 1000 | 1039255 |
|  Maryland Economic Development Corp.<br> (Purple Line Transit Partners)<br>Series 2022<br>5.25%, 06/30/2047 | 2090 | 2008936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/30/2052 | 1000 | 943831 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Maryland Health & Higher Educational Facilities Authority<br> (Adventist Healthcare Obligated Group)<br>Series 2021<br>5.00%, 01/01/2036 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512649 |
|  Maryland Stadium Authority<br> (Baltimore City Public School Construction Financing Fund)<br>Series 2020<br>5.00%, 05/01/2050 | 2200 | 2246066 |
|  Maryland Stadium Authority Sports Entertainment Facilities Revenue<br> (Maryland Stadium Authority Sports Entertainment Facilities Revenue State Lease)<br>Series 2025<br>5.00%, 06/15/2035 | 1600 | 1782967 |
|  State of Maryland Department of Transportation<br> (Maryland Aviation Administration)<br>AG Series 2024<br>5.00%, 08/01/2038 | 1000 | 1034252 |
|  State of Maryland Department of Transportation<br> (State of Maryland Dept. of Transportation)<br>Series 2017<br>5.00%, 05/01/2026 | 1315 | 1316683 |
|  |  | 11385348 |
|  **Massachusetts – 2.7%** |  |  |
|  City of Quincy MA<br> (City of Quincy MA)<br>Series 2025<br>5.00%, 07/24/2026 | 1000 | 1023851 |
|  Commonwealth of Massachusetts<br> (Commonwealth of Massachusetts)<br>Series 2024<br>5.00%, 12/01/2054 | 10000 | 10071969 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 04/01/2044 | 2000 | 2071575 |
|  Massachusetts Bay Transportation Authority Sales Tax Revenue<br> (Massachusetts Bay Transportation Authority Sales Tax Revenue)<br>Series 2023-A<br>5.25%, 07/01/2048 | 5195 | 5372348 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.25%, 07/01/2052 | 1000 | 1035333 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.25%, 07/01/2055 | 1500 | 1551097 |
|  Massachusetts Development Finance Agency<br> (Care Communities Obligated Group)<br>Series 2025<br>6.375%, 07/15/2045<sup>(b)</sup> | 1000 | 970304 |
|  Massachusetts Development Finance Agency<br> (Lifespan Obligated Group)<br>Series 2025<br>5.50%, 08/15/2050 | 1000 | 1001011 |
|  Massachusetts Development Finance Agency<br> (PRG Medford Properties)<br>Series 2025<br>5.25%, 06/01/2060 | 1000 | 1001949 |
|  |  | 24099437 |

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Michigan – 1.4%** |  |  |
|  City of Detroit MI<br> (City of Detroit MI)<br>4.813%, 06/15/2049<sup>(d) (e)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681298 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-B<br>4.00%, 04/01/2044<sup>(g)</sup> | 244 | 189467 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>5.00%, 04/01/2038 | 75 | 75736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 04/01/2046 | 2000 | 1948059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>3.644%, 04/01/2034 | 200 | 180283 |
|  City of Detroit MI Sewage Disposal System Revenue<br> (Great Lakes Water Authority Sewage Disposal System Revenue)<br>AG Series 2006-D<br>3.65% (CME Term SOFR 3 Month + 0.60%), 07/01/2032<sup>(c)</sup> | 1000 | 990759 |
|  Great Lakes Water Authority Water Supply System Revenue<br> (Great Lakes Water Authority Water Supply System Revenue)<br>Series 2025-C<br>5.25%, 07/01/2050 | 1000 | 1025786 |
|  Michigan Finance Authority<br> (Corewell Health Obligated Group)<br>Series 2016<br>5.00%, 11/01/2044 | 2305 | 2253203 |
|  Michigan Finance Authority<br> (Michigan Finance Authority Tobacco Settlement Revenue)<br>Series 2020-A<br>3.267%, 06/01/2039 | 865 | 806982 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-B<br>Zero Coupon, 06/01/2065 | 1000 | 91305 |
|  Michigan State Hospital Finance Authority<br> (Corewell Health Obligated Group)<br>Series 2025-A<br>5.00%, 08/15/2046 | 2000 | 2027147 |
|  Michigan Strategic Fund<br> (Michigan Strategic Fund - I 75 Improvement Project)<br>AG Series 2018<br>4.125%, 06/30/2035 | 1610 | 1594149 |
|  Michigan Tobacco Settlement Finance Authority<br> (Tobacco Settlement Financing Corp/MI)<br>Series 2008-C<br>Zero Coupon, 06/01/2058 | 10000 | 261410 |
|  |  | 12125584 |
|  **Minnesota – 1.2%** |  |  |
|  City of Bloomington MN<br> (City of Bloomington MN)<br>Series 2024-A<br>6.18%, 07/01/2041<sup>(b)</sup> | 1000 | 938485 |

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------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  City of Brooklyn Park MN<br> (Brooklyn Park AH I LLLP)<br>Series 2023<br>6.205%, 01/01/2042<sup>(b) (g)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000651 |
|  City of Brooklyn Park MN<br> (Brooklyn Park AH II LLLP)<br>Series 2024<br>6.26%, 07/01/2041<sup>(b)</sup> | 1000 | 944330 |
|  City of Center City MN<br> (Hazelden Betty Ford Foundation)<br>Series 2025<br>5.00%, 11/01/2044 | 1000 | 1000332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2047 | 1000 | 979275 |
|  City of Columbus MN<br> (Adalyn Avenue LLLP)<br>Series 2023<br>5.98%, 12/01/2041<sup>(b)</sup> | 1000 | 963140 |
|  City of St. Cloud MN<br> (CentraCare Health System Obligated Group)<br>Series 2024<br>5.00%, 05/01/2042 | 1000 | 1016728 |
|  Dakota County Community Development Agency<br> (Rosemont AH I LLLP)<br>Series 2023<br>5.66%, 07/01/2041<sup>(b)</sup> | 585 | 544975 |
|  Housing & Redevelopment Authority of The City of St. Paul Minnesota<br> (Minnesota Math & Science Academy)<br>Series 2021<br>4.00%, 06/01/2051<sup>(f)</sup> | 225 | 105750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2056<sup>(f)</sup> | 100 | 47000 |
|  Minneapolis-St. Paul Metropolitan Airports Commission<br> (Minneapolis-St Paul Metropolitan Airports Commission)<br>Series 2024<br>5.00%, 01/01/2041 | 1000 | 1009557 |
|  Minnesota Municipal Gas Agency<br> (Royal Bank of Canada)<br>Series 2022-A<br>4.00%, 12/01/2052 | 1000 | 1012000 |
|  Washington County Community Development Agency<br> (Raymie Johnson Estates)<br>Series 2025<br>6.08%, 07/01/2042 | 1000 | 991313 |
|  |  | 10553536 |
|  **Mississippi – 0.3%** |  |  |
|  City of Gulfport MS<br> (Memorial Hospital at Gulfport Obligated Group)<br>Series 2025<br>5.00%, 07/01/2034 | 1000 | 1076516 |
|  Mississippi Business Finance Corp.<br> (Alden Group Renewable Energy Mississippi)<br>Series 2022<br>8.00%, 12/01/2029<sup>(d) (e) (f)</sup> | 500 | 340000 |

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------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Mississippi Development Bank<br> (Magnolia Regional Health Center)<br>Series 2021<br>4.00%, 10/01/2035<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1584628 |
|  |  | 3001144 |
|  **Missouri – 0.1%** |  |  |
|  Kansas City Industrial Development Authority<br> (Platte Purchase Project)<br>Series 2019<br>5.00%, 07/01/2040<sup>(b)</sup> | 150 | 140754 |
|  Lee's Summit Industrial Development Authority<br> (John Knox Village Obligated Group)<br>Series 2021-A<br>5.00%, 08/15/2056 | 295 | 239451 |
|  Taney County Industrial Development Authority<br> (Taney County Industrial Development Authority Lease)<br>Series 2023<br>6.00%, 10/01/2049<sup>(b)</sup> | 100 | 94322 |
|  |  | 474527 |
|  **Montana – 0.1%** |  |  |
|  County of Gallatin MT<br> (Bozeman Fiber, Inc.)<br>Series 2025<br>0.00%, 10/15/2055<sup>(b) (g)</sup> | 1000 | 746149 |
|  **Nebraska – 0.3%** |  |  |
|  Central Plains Energy Project<br> (Bank of Montreal)<br>Series 2023-A<br>5.00%, 05/01/2054 | 1000 | 1049702 |
|  Central Plains Energy Project<br> (Royal Bank of Canada)<br>Series 2025-A<br>5.00%, 08/01/2055 | 1410 | 1496761 |
|  |  | 2546463 |
|  **Nevada – 0.5%** |  |  |
|  City of Reno NV<br> (County of Washoe NV Sales Tax Revenue)<br>Series 2018-C<br>Zero Coupon, 07/01/2058<sup>(b)</sup> | 1500 | 220756 |
|  City of Sparks NV<br> (City of Sparks NV Sales Tax)<br>Series 2019-A<br>2.75%, 06/15/2028<sup>(b)</sup> | 145 | 142255 |
|  Reno-Tahoe Airport Authority<br> (Reno-Tahoe Airport Authority)<br>Series 2024<br>5.00%, 07/01/2032 | 1300 | 1391627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2054 | 2000 | 1984586 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  State of Nevada Department of Business & Industry<br> (Desertxpress Enterprises)<br>Series 2025<br>9.50%, 01/01/2065<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019521 |
|  |  | 4758745 |
|  **New Hampshire – 2.0%** |  |  |
|  National Finance Authority<br> (NFA 2024-3)<br>Series 2024-3, Class A<br>4.034%, 10/20/2051 | 1988 | 1815278 |
|  New Hampshire Business Finance Authority<br> (ARC70 2025-1)<br>Series 2025-1, Class A1<br>4.75%, 06/20/2041 | 1999 | 1994574 |
|  New Hampshire Business Finance Authority<br> (ARC70 II TRUST)<br>Series 2024<br>4.15%, 10/20/2040 | 1998 | 1878725 |
|  New Hampshire Business Finance Authority<br> (Lakes Fresh Water Supply District of Denton County)<br>Series 2024<br>5.00%, 12/01/2028<sup>(b)</sup> | 1000 | 1001266 |
|  New Hampshire Business Finance Authority<br> (New Hampshire Business Finance Authority)<br>Series 2025-2<br>5.15%, 09/28/2037 | 1000 | 965217 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>Zero Coupon, 02/01/2035<sup>(b)</sup> | 1000 | 548012 |
|  New Hampshire Business Finance Authority<br> (NFA 2020-1)<br>Series 2020-1, Class A<br>4.125%, 01/20/2034 | 196 | 194368 |
|  New Hampshire Business Finance Authority<br> (NFA 2022-1)<br>Series 2022-1, Class A<br>4.375%, 09/20/2036 | 1919 | 1853385 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-1, Class X<br>0.334%, 09/20/2036<sup>(h)</sup> | 961 | 18731 |
|  New Hampshire Business Finance Authority<br> (NFA 2022-2)<br>Series 2022-2, Class A<br>4.00%, 10/20/2036 | 962 | 903591 |
|  New Hampshire Business Finance Authority<br> (NFA 2024-1)<br>Series 2024-1,<br>Class A 4.25%, 07/01/2051 | 650 | 616785 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-1, Class X<br>0.495%, 07/01/2051<sup>(h)</sup> | 839 | 30608 |
|  New Hampshire Business Finance Authority<br> (NFA 2024-2)<br>Series 2024-2, Class A<br>3.625%, 08/20/2039 | 1985 | 1806976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-2, Class X<br>0.506%, 08/20/2039<sup>(h)</sup> | 1985 | 78286 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  New Hampshire Business Finance Authority<br> (NFA 2025-1)<br>Series 2025<br>5.875%, 12/15/2033<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1, Class A1<br>4.087%, 01/20/2041 | 998 | 941912 |
|  New Hampshire Business Finance Authority<br> (Novant Health Obligated Group)<br>Series 2025<br>5.25%, 06/01/2045 | 1375 | 1382698 |
|  |  | 18036331 |
|  **New Jersey – 2.6%** |  |  |
|  New Jersey Economic Development Authority<br> (DRP Urban Renewal 4 LLC)<br>Series 2025<br>6.625%, 01/01/2045<sup>(b)</sup> | 1000 | 1016652 |
|  New Jersey Economic Development Authority<br> (New Jersey-American Water)<br>Series 2023<br>3.75%, 11/01/2034 | 1000 | 998239 |
|  New Jersey Economic Development Authority<br> (State of New Jersey Lease)<br>Series 2023 5.398%, 03/01/2033 | 1000 | 1026323 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-S<br>5.00%, 06/15/2034 | 1000 | 1097426 |
|  New Jersey Economic Development Authority<br> (United Airlines, Inc.)<br>Series 2012<br>5.25%, 09/15/2029 | 180 | 180186 |
|  New Jersey Educational Facilities Authority<br> (Stevens Institute of Technology Intl)<br>Series 2020-A<br>5.00%, 07/01/2045 | 100 | 99770 |
|  New Jersey Health Care Facilities Financing Authority<br> (Inspira Health Obligated Group)<br>Series 2017-A<br>5.00%, 07/01/2036 | 280 | 283987 |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Fed Hwy Grant)<br>Series 2016<br>5.00%, 06/15/2029 | 550 | 560607 |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Trust Fund Authority State Lease)<br>AG Series 2006-C<br>Zero Coupon, 12/15/2033 | 2000 | 1475388 |
|  New Jersey Transportation Trust Fund Authority<br> (State of New Jersey Lease)<br>Series 2023-B<br>5.00%, 06/15/2040 | 1250 | 1294704 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>4.00%, 06/15/2042 | 3530 | 3159150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2037 | 3750 | 4011379 |
|  New Jersey Turnpike Authority<br> (New Jersey Turnpike Authority)<br>Series 2024-A<br>4.00%, 01/01/2035 | 1500 | 1547596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2033 | 1000 | 1121201 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 01/01/2044 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1026225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-C<br>5.00%, 01/01/2032<sup>(i)</sup> | 1000 | 1107119 |
|  Tobacco Settlement Financing Corp./NJ<br> (Tobacco Settlement Financing Corp/NJ)<br>Series 2018-B<br>5.00%, 06/01/2046 | 2870 | 2766124 |
|  |  | 22772076 |
|  **New Mexico – 0.2%** |  |  |
|  New Mexico Hospital Equipment Loan Council<br> (Haverland Carter Lifestyle Obligated Group)<br>Series 2019<br>5.00%, 07/01/2049 | 1000 | 842554 |
|  New Mexico Municipal Energy Acquisition Authority<br> (Royal Bank of Canada)<br>Series 2025<br>5.00%, 06/01/2054 | 1000 | 1061248 |
|  |  | 1903802 |
|  **New York – 7.8%** |  |  |
|  Build NYC Resource Corp.<br> (Kipp NYC Public Charter Schools)<br>Series 2023<br>5.25%, 07/01/2062 | 1000 | 934714 |
|  City of New York NY<br> (City of New York NY)<br>Series 2024-D<br>4.00%, 04/01/2045 | 1000 | 885145 |
|  Hempstead Town Local Development Corp.<br> (Evergreen Charter School)<br>Series 2022-A<br>5.50%, 06/15/2057 | 2000 | 1912172 |
|  Long Island Power Authority<br> (Long Island Power Authority)<br>Series 2023-E<br>5.00%, 09/01/2048 | 1000 | 1004671 |
|  Metropolitan Transportation Authority<br> (Metropolitan Transportation Authority)<br>Series 2020-A<br>5.00%, 11/15/2045 | 1000 | 1050335 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-C<br>5.00%, 11/15/2050 | 1000 | 967288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/2055 | 1000 | 999335 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-E<br>4.00%, 11/15/2026 | 1155 | 1175523 |
|  Monroe County Industrial Development Corp./NY<br> (Academy of Health Sciences Charter School)<br>Series 2022<br>6.00%, 07/01/2057<sup>(b)</sup> | 1000 | 955802 |
|  Monroe County Industrial Development Corp./NY<br> (St. Ann's of Greater Rochester Obligated Group)<br>Series 2019<br>5.00%, 01/01/2040 | 550 | 505879 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New York City Transitional Finance Authority<br> (New York City Transitional Finance Authority Future Tax Secured Revenue)<br>Series 2025<br>5.00%, 05/01/2046 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1370 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1393795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-H<br>5.00%, 11/01/2044 | 1000 | 1027294 |
|  New York City Transitional Finance Authority Building Aid Revenue<br> (New York City Transitional Finance Authority Building Aid Revenue State Lease)<br>Series 2018-S<br>5.00%, 07/15/2032 | 865 | 914979 |
|  New York Counties Tobacco Trust V<br> (New York Counties Tobacco Trust V)<br>Series 2005<br>Zero Coupon, 06/01/2050 | 350 | 48973 |
|  NEW York Energy Finance Development Corp.<br> (Athene Annuity & Life Co.)<br>Series 2025<br>5.00%, 07/01/2056 | 2000 | 2084446 |
|  New York Liberty Development Corp.<br> (3 World Trade Center LLC)<br>Series 2014<br>5.00%, 11/15/2044<sup>(b)</sup> | 1215 | 1163061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 11/15/2040<sup>(b)</sup> | 115 | 113331 |
|  New York Liberty Development Corp.<br> (7 World Trade Center II)<br>Series 2022<br>3.00%, 09/15/2043 | 2000 | 1512756 |
|  New York Power Authority<br> (New York Power Authority SFP Transmission Project)<br>AG Series 2023<br>5.00%, 11/15/2053 | 2000 | 2010512 |
|  New York State Dormitory Authority<br> (Garnet Health Medical Center Obligated Group)<br>Series 2017<br>5.00%, 12/01/2034<sup>(b)</sup> | 1000 | 973080 |
|  New York State Thruway Authority<br> (State of New York Pers Income Tax)<br>Series 2022<br>5.00%, 03/15/2055 | 10000 | 10009569 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 03/15/2045 | 1610 | 1646250 |
|  New York Transportation Development Corp.<br> (JFK Millennium Partners)<br>Series 2024<br>5.50%, 12/31/2060 | 1000 | 966201 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>0.00%, 12/31/2054<sup>(g)</sup> | 2000 | 1205143 |
|  New York Transportation Development Corp.<br> (JFK NTO LLC)<br>Series 2024<br>5.50%, 06/30/2054 | 2000 | 1929248 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>6.00%, 06/30/2059 | 6330 | 6486047 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023<br>5.00%, 06/30/2049 | 1000 | 952871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/30/2060 | 2000 | 1897866 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>5.00%, 06/30/2049 | 4800 | 4568087 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New York Transportation Development Corp.<br> (Laguardia Gateway Partners)<br>Series 2016-A<br>5.00%, 07/01/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149994 |
|  Onondaga Civic Development Corp.<br> (Syracuse University)<br>Series 2025<br>5.50%, 12/01/2056 | 1000 | 1053213 |
|  Port Authority of New York & New Jersey<br> (Port Authority of New York & New Jersey)<br>Series 2024-2<br>5.00%, 09/01/2034 | 3000 | 3276300 |
|  Suffolk Regional Off-Track Betting Corp.<br> (Suffolk Regional Off-Track Betting)<br>Series 2024<br>6.00%, 12/01/2053 | 1000 | 1017176 |
|  Triborough Bridge & Tunnel Authority<br> (Metropolitan Transportation Authority Payroll Mobility Tax Revenue)<br>Series 2021-A<br>2.917%, 05/15/2040 | 500 | 385436 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-2<br>3.60%, 04/01/2026<sup>(a) (b)</sup> | 10000 | 9999395 |
|  TSASC, Inc./NY (TSASC, Inc./NY)<br>Series 2016<br>5.00%, 06/01/2045 | 300 | 257982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2048 | 1000 | 850052 |
|  Ulster County Capital Resource Corp.<br> (Woodland Pond at New Paltz)<br>Series 2017<br>5.00%, 09/15/2037 | 120 | 106730 |
|  Western Regional Off-Track Betting Corp.<br> (Western Regional Off-Track Betting)<br>Series 2021<br>4.125%, 12/01/2041<sup>(b)</sup> | 100 | 84751 |
|  |  | 68475402 |
|  **North Carolina – 1.3%** |  |  |
|  City of Charlotte NC Airport Revenue<br> (City of Charlotte NC Airport Revenue)<br>Series 2023<br>5.00%, 07/01/2048 | 2800 | 2741027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2053 | 1575 | 1584002 |
|  Cumberland County Industrial Facilities & Pollution Control Financing Authority<br> (American Titanium Metal)<br>Series 2024<br>3.75%, 12/01/2027 | 1000 | 1000192 |
|  Fayetteville State University (Fayetteville State University)<br>Series 2023<br>5.00%, 04/01/2038<sup>(b)</sup> | 1045 | 1086731 |
|  Greater Asheville Regional Airport Authority<br> (Greater Asheville Regional Airport Authority)<br>AG Series 2023<br>5.25%, 07/01/2048 | 2500 | 2490836 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Nash Health Care Systems<br> (Nash Health Care Systems)<br>Series 2025<br>5.25%, 02/01/2055<sup>(i)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977492 |
|  North Carolina Turnpike Authority<br> (North Carolina Turnpike Authority)<br>Series 2017<br>5.00%, 01/01/2032 | 500 | 510513 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>Zero Coupon, 01/01/2053 | 1000 | 237652 |
|  University of North Carolina at Charlotte (The)<br> (University of North Carolina at Charlotte/The)<br>AG Series 2021<br>2.802%, 04/01/2045 | 1000 | 672894 |
|  |  | 11301339 |
|  **North Dakota – 0.3%** |  |  |
|  City of Grand Forks ND<br> (Altru Health System Obligated Group)<br>AG Series 2023-A<br>5.00%, 12/01/2048 | 1000 | 986539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2053 | 1250 | 1216344 |
|  |  | 2202883 |
|  **Ohio – 3.4%** |  |  |
|  Buckeye Tobacco Settlement Financing Authority<br> (Buckeye Tobacco Settlement Financing Authority)<br>Series 2020-B<br>Zero Coupon, 06/01/2057 | 2000 | 174894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2055 | 3000 | 2436912 |
|  City of Chillicothe OH<br> (Adena Health System Obligated Group)<br>Series 2017<br>5.00%, 12/01/2047 | 175 | 170521 |
|  Columbus Regional Airport Authority<br> (Columbus Regional Airport Authority)<br>Series 2025<br>5.25%, 01/01/2044 | 10000 | 10142170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2045 | 1050 | 1060284 |
|  County of Allen OH Hospital Facilities Revenue<br> (Bon Secours Mercy Health)<br>Series 2017-A<br>5.00%, 08/01/2042 | 1120 | 1111922 |
|  County of Cuyahoga OH<br> (MetroHealth System/The)<br>Series 2017<br>5.00%, 02/15/2042 | 205 | 194063 |
|  County of Hamilton OH<br> (Christ Hospital Obligated Group)<br>Series 2023<br>5.00%, 06/01/2042 | 1000 | 981525 |
|  County of Marion OH<br> (United Church Homes Obligated Group)<br>Series 2019<br>5.125%, 12/01/2049 | 100 | 71616 |

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---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  County of Montgomery OH<br> (Trousdale Foundation Obligated Group)<br>Series 2018-A<br>6.25%, 04/01/2049<sup>(d) (e) (f) (k) (l)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004 |
|  County of Washington OH<br> (Marietta Area Health Care Obligated Group)<br>Series 2022<br>6.625%, 12/01/2042 | 1000 | 1028375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 12/01/2052 | 250 | 257062 |
|  Jefferson County Port Authority/OH<br> (JSW Steel USA Ohio, Inc.)<br>Series 2021<br>3.50%, 12/01/2051<sup>(b)</sup> | 1000 | 717458 |
|  Ohio Housing Finance Agency<br> (Ohio Housing Finance Agency)<br>Series 2024<br>7.50%, 03/01/2049 | 1000 | 1179475 |
|  Port of Greater Cincinnati Development Authority<br> (IDEA Greater Cincinnati)<br>Series 2021<br>4.375%, 06/15/2056 | 100 | 98580 |
|  Reynoldsburg City School District<br> (Reynoldsburg City School District)<br>Series 2014<br>4.939%, 09/01/2032 | 905 | 932891 |
|  University of Toledo (University of Toledo)<br>Series 2023-2<br>4.63%, 06/01/2036<sup>(a) (b)</sup> | 9520 | 9401204 |
|  |  | 29959956 |
|  **Oklahoma – 1.0%** |  |  |
|  Oklahoma Development Finance Authority<br> (OU Medicine Obligated Group)<br>Series 2018-B<br>5.50%, 08/15/2052 | 1000 | 948840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>5.50%, 08/15/2044 | 1000 | 961305 |
|  Oklahoma Turnpike Authority<br> (Oklahoma Turnpike Authority)<br>Series 2025-B<br>5.00%, 01/01/2039<sup>(i)</sup> | 1780 | 1915225 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2025-A<br>4.25%, 01/01/2055 | 2000 | 1794646 |
|  Tulsa Municipal Airport Trust Trustees/OK<br> (American Airlines, Inc.)<br>Series 2025<br>6.25%, 12/01/2035 | 2500 | 2760221 |
|  |  | 8380237 |
|  **Oregon – 0.1%** |  |  |
|  Clackamas County Hospital Facility Authority<br> (Rose Villa Obligated Group)<br>Series 2020-A<br>5.375%, 11/15/2055 | 1000 | 888489 |

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------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Other – 0.6%** |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML22)<br>Series 2024-ML22, Class AUS<br>4.546%, 10/25/2040 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998526 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML23)<br>Series 2024-ML23, Class AUS<br>4.563%, 04/25/2042<sup>(b)</sup> | 998 | 984738 |
|  Federal Home Loan Mortgage Corp. Multifamily VRD Certificates<br> (FHLM)<br>4.759%, 08/25/2041 | 1993 | 1987772 |
|  Federal Home Loan Mortgage Corp. Multifamily VRD Certificates<br> (FHLMC Multifamily VRD Certificates)<br>Series 2025-M<br>4.095%, 11/25/2042 | 1297 | 1264428 |
|  |  | 5235464 |
|  **Pennsylvania – 4.8%** |  |  |
|  Allegheny County Hospital Development Authority<br> (UPMC Obligated Group)<br>Series 2022<br>2.99% (MUNIPSA + 0.70%), 11/15/2047<sup>(c)</sup> | 2000 | 1978499 |
|  Allentown Neighborhood Improvement Zone Development Authority<br> (Allentown Neighborhood Improvement Zone Center City Investment Revenue)<br>Series 2022<br>5.25%, 05/01/2042<sup>(b)</sup> | 465 | 461779 |
|  Berks County Municipal Authority (The)<br> (Tower Health Obligated Group)<br>Series 2024<br>0.00%, 06/30/2044<sup>(g)</sup> | 497 | 335073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2039 | 1000 | 905622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/30/2039 | 280 | 245001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 06/30/2034 | 110 | 111732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>6.00%, 06/30/2034 | 100 | 104432 |
|  Bucks County Industrial Development Authority<br> (Grand View Hospital/Sellersville PA Obligated Group)<br>Series 2021<br>4.00%, 07/01/2051 | 1000 | 761508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2054 | 250 | 225217 |
|  Chester County Industrial Development Authority<br> (Collegium Charter School)<br>Series 2022<br>5.625%, 10/15/2042<sup>(b)</sup> | 250 | 237826 |
|  Lancaster County Hospital Authority/PA<br> (St. Anne's Retirement Community Obligated Group)<br>Series 2020<br>5.00%, 03/01/2040 | 1000 | 885739 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br>**Amount<br>(000)** | **U.S. $ Value** |
|  Montgomery County Higher Education & Health Authority<br> (Thomas Jefferson University Obligated Group)<br>Series 2022<br>5.00%, 05/01/2052 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1915135 |
|  Pennsylvania Economic Development Financing Authority<br> (Commonwealth of Pennsylvania Dept. of Transportation)<br>Series 2022<br>5.25%, 06/30/2053 | 1000 | 941372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/30/2048 | 2270 | 2290658 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2022<br>5.75%, 12/31/2062 | 1000 | 1021501 |
|  Pennsylvania Economic Development Financing Authority<br> (Iron Cumberland LLC)<br>Series 2022<br>7.00%, 12/01/2029 | 760 | 760158 |
|  Pennsylvania Economic Development Financing Authority<br> (PA Bridges Finco LP)<br>Series 2015<br>5.00%, 12/31/2038 | 100 | 99195 |
|  Pennsylvania Economic Development Financing Authority<br> (UPMC Obligated Group)<br>Series 2022-C<br>2.99% (MUNIPSA + 0.70%), 11/15/2047<sup>(c)</sup> | 3000 | 2981886 |
|  Pennsylvania Higher Educational Facilities Authority<br> (Thomas Jefferson University Obligated Group)<br>Series 2024<br>4.00%, 11/01/2042 | 1000 | 887623 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>5.25%, 11/01/2048 | 2500 | 2534371 |
|  Pennsylvania State University (The)<br> (Pennsylvania State University)<br>Series 2025<br>5.00%, 09/01/2044 | 1450 | 1508463 |
|  Pennsylvania Turnpike Commission Registration Fee Revenue<br> (Pennsylvania Turnpike Commission Registration Fee Revenue)<br>Series 2023-2<br>4.73%, 07/15/2041<sup>(a) (b)</sup> | 10000 | 9983327 |
|  Philadelphia Authority for Industrial Development<br> (Philadelphia Performing Arts Charter School)<br>Series 2020<br>5.00%, 06/15/2040<sup>(b)</sup> | 1000 | 946021 |
|  Pittsburgh Water & Sewer Authority<br> (Pittsburgh Water & Sewer Authority)<br>AG Series 2023-2<br>4.53%, 09/01/2040<sup>(a) (b)</sup> | 10000 | 9921189 |
|  |  | 42043327 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br>**Amount<br>(000)** | **U.S. $ Value** |
|  **Puerto Rico – 2.2%** |  |  |
|  Children's Trust Fund<br> (Children's Trust Fund)<br>Series 2008-B<br>Zero Coupon, 05/15/2057 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135047 |
|  Commonwealth of Puerto Rico<br> (Commonwealth of Puerto Rico)<br>Series 2022-A<br>Zero Coupon, 11/01/2051 | 768 | 420386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%, 11/01/2051 | 7600 | 2218500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.069%, 11/01/2051 | 2429 | 1530522 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>Zero Coupon, 11/01/2043 | 7479 | 4646523 |
|  GDB Debt Recovery Authority of Puerto Rico<br> (GDB Debt Recovery Authority of Puerto Rico)<br>Series 2018<br>7.50%, 08/20/2040 | 81 | 78070 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br> (Puerto Rico Commonwealth Aqueduct & Sewer Authority)<br>Series 2021-C<br>3.50%, 07/01/2026<sup>(b)</sup> | 2000 | 1939906 |
|  Puerto Rico Electric Power Authority<br> (Puerto Rico Electric Power Authority)<br>Series 2007-T<br>5.00%, 07/01/2032<sup>(d) (e)</sup> | 85 | 46431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037<sup>(d) (e)</sup> | 600 | 327750 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008-W<br>5.00%, 07/01/2028<sup>(d) (e)</sup> | 245 | 133831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008WW<br>5.375%, 07/01/2024<sup>(d) (j)</sup> | 125 | 68281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-A<br>5.25%, 07/01/2029<sup>(d) (e)</sup> | 100 | 54625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2030<sup>(d) (e)</sup> | 15 | 8194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-C<br>5.00%, 07/01/2024<sup>(d) (j)</sup> | 25 | 13656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2027<sup>(d) (e)</sup> | 150 | 81937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2028<sup>(d) (e)</sup> | 305 | 166606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-X<br>5.25%, 07/01/2040<sup>(d) (e)</sup> | 820 | 447925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/01/2036<sup>(d) (e)</sup> | 625 | 341406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010DDD<br>5.00%, 07/01/2021<sup>(d) (j)</sup> | 15 | 8194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010ZZ<br>5.25%, 07/01/2018<sup>(d) (j)</sup> | 150 | 81938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2024<sup>(d) (j)</sup> | 40 | 21850 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-A<br>5.00%, 07/01/2029<sup>(d) (e)</sup> | 50 | 27313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042<sup>(d) (e)</sup> | 100 | 54625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/01/2042<sup>(d) (e)</sup> | 110 | 60088 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br>**Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-A<br>7.00%, 07/01/2033<sup>(d) (e)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 07/01/2040<sup>(d) (e)</sup> | 100 | 54625 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2007-V<br>5.25%, 07/01/2027 | 1000 | 1005842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2031 | 375 | 376026 |
|  Puerto Rico Housing Finance Authority<br> (El Mirador LLC)<br>Series 2023<br>5.00%, 03/01/2027 | 2000 | 2022057 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (AES Puerto Rico LP)<br>Series 2023-A<br>6.625%, 01/01/2027 | 32 | 31540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/01/2028 | 242 | 240415 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (San Juan Cruise Port LLC)<br>Series 2024<br>6.75%, 01/01/2045 | 1000 | 1102473 |
|  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue<br> (Puerto Rico Sales Tax Financing Sales Tax Revenue)<br>Series 2018-A<br>Zero Coupon, 07/01/2027 | 12 | 11240 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 07/01/2046 | 2111 | 652926 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 07/01/2058 | 867 | 792364 |
|  |  | 19257737 |
|  **South Carolina – 1.7%** |  |  |
|  Charleston County Airport District<br> (Charleston County Airport District)<br>Series 2024-A<br>5.25%, 07/01/2043 | 1600 | 1632640 |
|  Columbia Housing Authority/SC<br> (Garden Lakes Apartments)<br>Series 2022<br>5.26%, 11/01/2032 | 100 | 98099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 11/01/2039 | 310 | 287118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.28%, 11/01/2039 | 100 | 92995 |
|  Greenville Housing Authority/SC<br> (Victor Verdae Apartments)<br>Series 2023<br>6.16%, 05/01/2063<sup>(b)</sup> | 1000 | 865030 |
|  Last Step Recycling LLC<br> (Last Step Recycling LLC)<br>9.50%, 12/15/2028<sup>(f) (k) (l) (m)</sup> | 153 | 153162 |
|  Patriots Energy Group Financing Agency<br> (Sumitomo Mitsui Financial Group)<br>Series 2023-A<br>5.25%, 10/01/2054 | 1000 | 1057160 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br>**Amount<br>(000)** | **U.S. $ Value** |
|  South Carolina Jobs-Economic Development Authority<br> (Bon Secours Mercy Health)<br>Series 2025<br>5.25%, 11/01/2044 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3087175 |
|  South Carolina Jobs-Economic Development Authority<br> (FAH Pelham LLC)<br>Series 2023-A<br>6.50%, 02/01/2056<sup>(b)</sup> | 565 | 566213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>7.50%, 08/01/2047<sup>(b)</sup> | 210 | 200923 |
|  South Carolina Jobs-Economic Development Authority<br> (Last Step Recycling LLC)<br>Series 2021<br>6.25%, 06/01/2040<sup>(d) (e) (f)</sup> | 100 | 11000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/01/2051<sup>(d) (e) (f)</sup> | 300 | 33000 |
|  South Carolina Jobs-Economic Development Authority<br> (Novant Health Obligated Group)<br>Series 2024<br>4.00%, 11/01/2042 | 1000 | 897703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/01/2044 | 2000 | 2044134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/01/2050 | 1000 | 1030431 |
|  South Carolina Jobs-Economic Development Authority<br> (PSG Patriot's Place Apartments)<br>Series 2022<br>0.00%, 06/01/2052<sup>(g)</sup> | 410 | 282500 |
|  South Carolina Public Service Authority<br> (South Carolina Public Service Authority)<br>Series 2016-A<br>5.00%, 12/01/2036 | 265 | 265229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 12/01/2045 | 2000 | 2004948 |
|  |  | 14609460 |
|  **South Dakota – 0.0%** |  |  |
|  South Dakota Housing Development Authority<br> (Schuett Spearfish LP)<br>Series 2023<br>6.15%, 09/01/2039 | 150 | 149503 |
|  **Tennessee – 1.7%** |  |  |
|  Bristol Industrial Development Board<br> (Bristol Industrial Development Board Sales Tax)<br>Series 2016-A<br>5.00%, 12/01/2035<sup>(b)</sup> | 1070 | 1010432 |
|  5.125%, 12/01/2042<sup>(b)</sup> | 1000 | 923653 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-B<br>Zero Coupon, 12/01/2031<sup>(b)</sup> | 150 | 105276 |
|  Knox County Industrial Development Board<br> (Tompaul Knoxville LLC)<br>Series 2022<br>9.25%, 11/01/2042<sup>(f)</sup> | 200 | 195065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%, 11/01/2052<sup>(f)</sup> | 415 | 396180 |

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| | | |
|:---|:---|:---|
| | **Principal**<br>**Amount<br>(000)** | **U.S. $ Value** |
|  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board<br> (EC Burning Tree LLC)<br>Series 2025<br>5.00%, 10/01/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1039092 |
|  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board<br> (Vanderbilt University Medical Center Obligated Group)<br>Series 2016<br>5.00%, 07/01/2035 | 215 | 216205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 07/01/2034 | 1000 | 1092389 |
|  Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd<br> (Trousdale Foundation Obligated Group)<br>Series 2018-A<br>6.25%, 04/01/2049<sup>(d) (e) (f) (k) (l)</sup> | 108 | 1356 |
|  Metropolitan Government Nashville & Davidson County Sports Authority<br> (Metropolitan Govt of Nashville & Davidson County TN)<br>AG Series 2023-A<br>5.25%, 07/01/2053 | 1000 | 1013502 |
|  Metropolitan Government of Nashville & Davidson County Industrial Development Board<br> (Nashville & Davidson County TN South Nashville Central Business Improvement Dist)<br>Series 2021<br>Zero Coupon, 06/01/2043<sup>(b)</sup> | 955 | 368159 |
|  Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue<br> (Metropolitan Govt of Nashville & Davidson County TN Water & Sewer Revenue)<br>Series 2025<br>5.00%, 07/01/2050 | 2500 | 2536871 |
|  Metropolitan Nashville Airport Authority (The)<br> (Metropolitan Nashville Airport Authority/The)<br>Series 2022-B<br>5.50%, 07/01/2052 | 3500 | 3568620 |
|  Tennergy Corp./TN<br> (Nomura Holdings, Inc.)<br>Series 2022-A<br>5.50%, 10/01/2053 | 1000 | 1042200 |
|  Tennessee Energy Acquisition Corp.<br> (Goldman Sachs Group)<br>Series 2023-A<br>5.00%, 05/01/2053 | 1000 | 1030373 |
|  Wilson County Health & Educational Facilities Board<br> (Limestone Trail Apartments)<br>Series 2021<br>4.00%, 12/01/2039 | 200 | 150468 |
|  |  | 14689841 |

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---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Texas – 4.9%** |  |  |
|  Abilene Convention Center Hotel Development Corp.<br> (City of Abilene TX Abilene Convention Center Revenue)<br>Series 2021-A<br>4.00%, 10/01/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183519 |
|  Arlington Higher Education Finance Corp.<br> (BASIS Texas Charter Schools)<br>Series 2021<br>4.50%, 06/15/2056<sup>(b)</sup> | 500 | 499200 |
|  Arlington Higher Education Finance Corp.<br> (Magellan School/The)<br>Series 2022<br>6.25%, 06/01/2052<sup>(b)</sup> | 200 | 195231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/01/2062<sup>(b)</sup> | 250 | 244122 |
|  Austin Convention Enterprises, Inc.<br> (Austin Convention Enterprises)<br>Series 2017-A<br>5.00%, 01/01/2034 | 500 | 501083 |
|  Baytown Municipal Development District<br> (Baytown Municipal Development District Baytown Convention Center Hotel Revenue Hotel Occupancy Tax)<br>Series 2021<br>5.00%, 10/01/2050<sup>(b)</sup> | 400 | 311157 |
|  Beaumont Housing Authority<br> (Beaumont Housing Authority)<br>Series 2025<br>6.50%, 07/01/2055<sup>(b)</sup> | 1000 | 945657 |
|  Board of Managers Joint Guadalupe County-City of Seguin Hospital<br> (Board of Managers Joint Guadalupe County-City of Seguin Hospital)<br>Series 2015<br>5.00%, 12/01/2040 | 1000 | 937301 |
|  Board of Regents of the University of Texas System<br> (Board of Regents of the University of Texas System)<br>Series 2019-B<br>5.00%, 08/15/2049 | 2915 | 3030961 |
|  Brazoria County Industrial Development Corp.<br> (Brazoria County Industrial Development)<br>10.00%, 06/01/2042<sup>(f)</sup> | 469 | 351513 |
|  City of Dallas Housing Finance Corp.<br> (DHFC The Briscoe Apartments)<br>Series 2022<br>Zero Coupon, 12/01/2062<sup>(b)</sup> | 4760 | 261653 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/01/2062 | 555 | 486713 |
|  City of Dallas Housing Finance Corp.<br> (DHFC The Dylan Apartments)<br>Series 2022<br>6.00%, 12/01/2062<sup>(b)</sup> | 270 | 233616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 12/01/2054<sup>(b)</sup> | 100 | 83050 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  City of Houston TX<br> (City of Houston TX Hotel Occupancy Tax)<br>Series 2015<br>5.00%, 09/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160242 |
|  City of Houston TX Airport System Revenue<br> (United Airlines, Inc.)<br>Series 2024-B<br>5.50%, 07/15/2038 | 4645 | 4795312 |
|  Conroe Local Government Corp.<br> (Conroe Local Govt Conroe Convention Center Hotel)<br>Series 2021<br>4.00%, 10/01/2046 | 1000 | 845616 |
|  County of Harris TX Toll Road Revenue<br> (County of Harris TX Toll Road Revenue)<br>Series 2024-A<br>4.00%, 08/15/2054 | 1000 | 828858 |
|  Dallas County Flood Control District No. 1<br> (Dallas County Flood Control District No. 1)<br>Series 2015<br>5.00%, 04/01/2028<sup>(b)</sup> | 100 | 100014 |
|  Harris County Cultural Education Facilities Finance Corp.<br> (Memorial Hermann Health System Obligated Group)<br>Series 2022<br>3.14% (MUNIPSA + 0.85%), 07/01/2049<sup>(c)</sup> | 2070 | 2070831 |
|  Harris County Industrial Development Corp.<br> (Energy Transfer LP)<br>Series 2023<br>4.05%, 11/01/2050 | 2575 | 2540325 |
|  Hidalgo County Regional Mobility Authority<br> (Hidalgo County Regional Mobility Authority)<br>Series 2022-A<br>Zero Coupon, 12/01/2050 | 1000 | 242988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>Zero Coupon, 12/01/2042 | 1400 | 531755 |
|  Love Field Airport Modernization Corp.<br> (Dallas Love Field)<br>Series 2015<br>5.00%, 11/01/2032 | 500 | 500577 |
|  Mission Economic Development Corp.<br> (Natgasoline LLC)<br>Series 2018<br>4.625%, 10/01/2031<sup>(b)</sup> | 450 | 450063 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Dwyer Workforce Development)<br>Series 2023<br>8.50%, 09/01/2027<sup>(f)</sup> | 795 | 795724 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Legacy at Midtown Park Obligated Group)<br>Series 2018-A<br>5.50%, 07/01/2054 | 300 | 236444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>6.75%, 07/01/2044 | 220 | 216485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 07/01/2056 | 100 | 97925 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Morningside Ministries Obligated Group)<br>Series 2020<br>5.00%, 01/01/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78829 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 01/01/2047 | 100 | 71097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2057 | 200 | 155982 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Outlook at Windhaven Forefront Living Obligated Group)<br>Series 2022<br>6.875%, 10/01/2057 | 1000 | 934127 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (SLF CHP LLC)<br>Series 2025<br>6.25%, 07/01/2045<sup>(b)</sup> | 1000 | 895092 |
|  Port of Beaumont Industrial Development Authority<br> (Jefferson 2020 Bond Lessee & Borrower Obligated Group)<br>Series 2021<br>4.10%, 01/01/2028<sup>(b)</sup> | 1875 | 1657179 |
|  Port of Beaumont Navigation District<br> (Jefferson 2020 Bond Lessee & Borrower Obligated Group)<br>Series 2024<br>10.00%, 07/01/2026<sup>(b)</sup> | 1000 | 1004375 |
|  Port of Beaumont Navigation District<br> (Jefferson Railport Terminal II)<br>Series 2021<br>2.625%, 01/01/2031<sup>(b)</sup> | 300 | 272484 |
|  San Antonio Water System<br> (San Antonio Water System)<br>Series 2022-B<br>5.25%, 05/15/2052 | 2000 | 2031954 |
|  Tarrant County Cultural Education Facilities Finance Corp.<br> (Stayton at Museum Way)<br>Series 2024-A<br>5.75%, 12/01/2054 | 329 | 267841 |
|  Tarrant County Cultural Education Facilities Finance Corp.<br> (Tarrant County Cultural Education Facilities Finance)<br>5.00%, 11/15/2025<sup>(d) (e) (k) (l)</sup> | 552 | 0 |
|  Tarrant County Cultural Education Facilities Finance Corp.<br> (Texas Health Resources Obligated Group)<br>Series 2025-A<br>5.00%, 11/15/2039<sup>(i)</sup> | 1000 | 1059264 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Texas Municipal Gas Acquisition & Supply Corp. II<br> (JPMorgan Chase & Co.)<br>Series 2007<br>3.939% (CME Term SOFR 3 Month + 1.05%), 09/15/2027<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2410 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2420341 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-C<br>3.713% (CME Term SOFR 3 Month + 0.86%), 09/15/2027<sup>(c)</sup> | 2395 | 2398883 |
|  Texas Municipal Gas Acquisition & Supply Corp. III<br> (Macquarie Group Ltd.)<br>Series 2021<br>5.00%, 12/15/2029 | 1000 | 1055920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2031 | 1000 | 1060997 |
|  Texas Municipal Gas Acquisition & Supply Corp. IV<br> (BP PLC)<br>Series 2023-B<br>5.50%, 01/01/2054 | 3000 | 3257709 |
|  Texas Municipal Gas Acquisition & Supply Corp. V<br>(Bank of America Corp.)<br>Series 2024<br>5.00%, 01/01/2055 | 2000 | 2104900 |
|  |  | 43404909 |
|  **Utah – 1.2%** |  |  |
|  City of Salt Lake City UT Airport Revenue<br> (City of Salt Lake City UT Airport Revenue)<br>Series 2017-A<br>5.00%, 07/01/2042 | 2000 | 1985578 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 07/01/2036<sup>(i)</sup> | 1870 | 1970418 |
|  Grapevine Wash Local District<br> (Grapevine Wash Local District Assessment Area No. 1)<br>Series 2024-A<br>5.25%, 12/01/2044<sup>(b)</sup> | 1000 | 927786 |
|  Military Installation Development Authority<br> (Military Installation Development Auth Military Recreation Fac Project Area)<br>Series 2021-A<br>4.00%, 06/01/2052 | 500 | 384519 |
|  Point Phase 1 Public Infrastructure District No. 1<br> (Point Phase 1 Public Infrastructure District No. 1)<br>Series 2025<br>8.50%, 03/15/2055 | 1000 | 974938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.875%, 03/01/2045 | 1655 | 1655913 |
|  Utah Housing Corp.<br> (Utah Housing Corp.)<br>Series 2020<br>4.58%, 01/01/2040<sup>(b) (g)</sup> | 438 | 360951 |
|  Utah Infrastructure Agency<br> (Utah Infrastructure Agency)<br>Series 2022<br>5.00%, 10/15/2046 | 1000 | 955446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 10/15/2027 | 465 | 480582 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Wohali Public Infrastructure District No. 1<br> (Wohali Public Infrastructure District No. 1 Assessment Area No. 1)<br>Series 2023<br>7.00%, 12/01/2042<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203660 |
|  Wolf Creek Infrastructure Financing District No. 1<br> (Wolf Creek Infrastructure Financing District No. 1 Wolf Creek Assessment Area 1)<br>Series 2025<br>5.75%, 12/01/2044 | 1000 | 976063 |
|  |  | 10875854 |
|  **Vermont – 0.1%** |  |  |
|  Vermont Economic Development Authority<br> (Casella Waste Systems)<br>Series 2022<br>5.00%, 06/01/2052<sup>(b)</sup> | 500 | 503171 |
|  **Virginia – 1.1%** |  |  |
|  Atlantic Park Community Development Authority<br> (Atlantic Park Community Development Authority District)<br>Series 2023<br>6.25%, 08/01/2045<sup>(b)</sup> | 615 | 557254 |
|  Federal Home Loan Mortgage Corp. VA FEDMFH<br> (FMMV M052)<br>Series M052, Class A<br>2.65%, 06/15/2036 | 375 | 324441 |
|  US Bank Trust Co. NA<br> (Park Landing LP)<br>Series 2022-B<br>5.90%, 08/01/2052 | 420 | 368087 |
|  Virginia College Building Authority<br> (Marymount University)<br>Series 2015-A<br>5.00%, 07/01/2045<sup>(b)</sup> | 1000 | 765594 |
|  Virginia College Building Authority<br> (Washington & Lee University)<br>Series 2021<br>3.00%, 01/01/2040 | 2000 | 1617621 |
|  Virginia Small Business Financing Authority<br> (95 Express Lanes LLC)<br>Series 2022<br>4.00%, 01/01/2048 | 1000 | 808342 |
|  Virginia Small Business Financing Authority<br> (Elizabeth River Crossings OpCo)<br>Series 2022<br>4.00%, 07/01/2034 | 2000 | 1973536 |
|  Virginia Small Business Financing Authority<br> (P3 VB Holdings LLC)<br>Series 2023<br>8.50%, 12/01/2052<sup>(b)</sup> | 430 | 394626 |
|  Virginia Small Business Financing Authority<br> (Pure Salmon Virginia LLC)<br>Series 2024<br>4.00%, 11/01/2052 | 2000 | 2001251 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Virginia Small Business Financing Authority<br> (Total Fiber Recovery @ Chesapeake)<br>Series 2022<br>8.50%, 06/01/2042<sup>(d) (e) (f)</sup> | $| 615 | $| 492000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.531% (SOFR + 5.50%), 06/01/2029<sup>(c) (d) (e) (f)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530 |  | 424000 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9726752 |
|  **Washington – 1.0%** | **Washington – 1.0%** | **Washington – 1.0%** | **Washington – 1.0%** | **Washington – 1.0%** |
|  Grays Harbor County Public Hospital District No. 1<br> (Grays Harbor County Public Hospital District No. 1)<br>Series 2023<br>6.875%, 12/01/2053 |  | 100 |  | 107399 |
|  Pend Oreille County Public Utility District No. 1 Box Canyon<br> (Pend Oreille County Public Utility District No. 1 Box Canyon)<br>Series 2018<br>5.00%, 01/01/2044 |  | 280 |  | 280374 |
|  Port of Seattle WA<br> (Port of Seattle WA)<br>Series 2022<br>5.50%, 08/01/2047 |  | 1500 |  | 1529825 |
|  Vancouver Housing Authority<br> (Vancouver Housing Authority)<br>Series 2025<br>4.25%, 02/01/2038 |  | 2140 |  | 2065871 |
|  Washington Health Care Facilities Authority<br> (CommonSpirit Health Obligated Group)<br>Series 2017<br>5.00%, 08/15/2035 |  | 1245 |  | 1246762 |
|  Washington State Housing Finance Commission<br> (Presbyterian Retirement Communities Northwest Obligated Group)<br>Series 2013<br>5.25%, 01/01/2043<sup>(b)</sup> |  | 1000 |  | 834510 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 01/01/2055<sup>(b)</sup> |  | 1000 |  | 850694 |
|  Washington State Housing Finance Commission<br> (WSHFC 2021-1)<br>Series 2021-1, Class A<br>3.50%, 12/20/2035 |  | 267 |  | 250645 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class X<br>0.727%, 12/20/2035<sup>(h)</sup> |  | 936 |  | 36504 |
|  Washington State Housing Finance Commission<br> (WSHFC 2024-1)<br>Series 2024-1, Class A<br>4.085%, 03/01/2050 |  | 1990 |  | 1830146 |
|  |  |  |  | 9032730 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **West Virginia – 0.5%** | **West Virginia – 0.5%** | **West Virginia – 0.5%** |
|  City of South Charleston WV<br> (City of South Charleston WV South Charleston Park Place Excise Tax District)<br>Series 2022<br>4.25%, 06/01/2042<sup>(b)</sup> | $250 | $195008 |
|  County of Monongalia WV<br> (Monongalia County Building Commission Development District No. 4)<br>Series 2023<br>5.75%, 06/01/2043<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | 900585 |
|  Monongalia County Commission Excise Tax District<br> (Monongalia County Commission Excise Tax District)<br>Series 2023<br>0.00%, 06/01/2053<sup>(b) (g)</sup> | 510 | 104156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/01/2043<sup>(b)</sup> | 100 | 102182 |
|  Tobacco Settlement Finance Authority/WV<br> (Tobacco Settlement Finance Authority/WV)<br>Series 2020<br>4.006%, 06/01/2040 | 3000 | 2446398 |
|  West Virginia Economic Development Authority<br> (Wyoming County Coal LLC)<br>Series 2023<br>9.00%, 06/01/2038<sup>(f)</sup> | 1000 | 900000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4648329 |
|  **Wisconsin – 4.5%** | **Wisconsin – 4.5%** | **Wisconsin – 4.5%** |
|  KDC Agribusiness LLC<br> (KDC Agribusiness LLC)<br>12.00%, 09/14/2023<sup>(d) (j) (k) (l)</sup> | 284 | 0 |
|  St. Croix Chippewa Indians of Wisconsin<br> (St. Croix Chippewa Indians of Wisconsin)<br>Series 2021<br>5.00%, 09/30/2041<sup>(b)</sup> | 200 | 171542 |
|  Wisconsin Center District<br> (Wisconsin Center District Ded Tax)<br>Series 2022<br>5.25%, 12/15/2061<sup>(b)</sup> | 200 | 183295 |
|  Wisconsin Health & Educational Facilities Authority<br> (Chiara Housing & Services Obligated Group)<br>Series 2024<br>5.875%, 07/01/2055 | 1000 | 947738 |
|  Wisconsin Health & Educational Facilities Authority<br> (Oakwood Lutheran Senior Ministries Obligated Group)<br>Series 2021<br>4.00%, 01/01/2047 | 100 | 77537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/2057 | 1000 | 709514 |
|  Wisconsin Health & Educational Facilities Authority<br> (Sanford Obligated Group) BAM<br>Series 2024<br>5.25%, 02/15/2054 | 2500 | 2521286 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Wisconsin Health & Educational Facilities Authority<br> (St. John's Communities Obligated Group)<br>Series 2022<br>4.00%, 09/15/2036 | $775 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/15/2041 | 765 | 655255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | 521666 |
|  Wisconsin Housing & Economic Development Authority<br> (Roers Sun Prairie Apartments Owner)<br>Series 2022<br>4.625%, 03/15/2040<sup>(b)</sup> | 100 | 84645 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>3.875%, 12/01/2039<sup>(b)</sup> | 460 | 386631 |
|  Wisconsin Public Finance Authority<br> (21st Century Public Academy)<br>Series 2020<br>3.75%, 06/01/2030<sup>(b)</sup> | 340 | 320333 |
|  Wisconsin Public Finance Authority<br> (Absolute Awakenings)<br>Series 2025-A<br>7.00%, 01/01/2045<sup>(b)</sup> | 1000 | 1026637 |
|  Wisconsin Public Finance Authority<br> (Alpha Ranch Water Control & Improvement District of Denton & Wise Counties)<br>Series 2024<br>Zero Coupon, 12/15/2038<sup>(b)</sup> | 1000 | 448059 |
|  Wisconsin Public Finance Authority<br> (Catholic Bishop of Chicago/The)<br>Series 2021<br>5.75%, 07/25/2041<sup>(f)</sup> | 1000 | 898770 |
|  Wisconsin Public Finance Authority<br> (CFC-SA LLC)<br>Series 2022<br>5.00%, 02/01/2062 | 1000 | 922606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/01/2062<sup>(b)</sup> | 1000 | 1013216 |
|  Wisconsin Public Finance Authority<br> (Crossroads Health Project)<br>Series 2023<br>8.00%, 07/01/2053<sup>(f)</sup> | 1000 | 960134 |
|  Wisconsin Public Finance Authority<br> (FAH Tree House LLC)<br>Series 2023<br>6.50%, 08/01/2053<sup>(b)</sup> | 500 | 460314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 02/01/2046<sup>(b)</sup> | 375 | 312466 |
|  Wisconsin Public Finance Authority<br> (Gannon University)<br>Series 2017<br>5.00%, 05/01/2042 | 1315 | 1223828 |
|  Wisconsin Public Finance Authority<br> (Inperium Obligated Group)<br>Series 2024<br>5.00%, 12/01/2034<sup>(b)</sup> | 1000 | 1015682 |
|  Wisconsin Public Finance Authority<br> (KDC Agribusiness LLC)<br>Series 2022<br>15.00%, 04/30/2023<sup>(d) (f) (j) (k) (l)</sup> | 600 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>15.00%, 04/30/2023<sup>(d) (f) (j) (k) (l)</sup> | 175 | 2 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Wisconsin Public Finance Authority<br> (Lackland Project)<br>Series 2024<br>Zero Coupon, 02/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577954 |
|  Wisconsin Public Finance Authority<br> (Lehigh Valley Health Network)<br>Series 2023<br>7.25%, 12/01/2042<sup>(b)</sup> | 265 | 264444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 12/01/2052<sup>(b)</sup> | 160 | 161138 |
|  Wisconsin Public Finance Authority<br> (McLemore Resort Manager)<br>Series 2021<br>4.50%, 06/01/2056<sup>(b)</sup> | 295 | 215350 |
|  Wisconsin Public Finance Authority<br> (Montgomery County Municipal Utility District Nos 123 & 153)<br>Series 2024<br>Zero Coupon, 12/15/2034<sup>(b)</sup> | 1000 | 569444 |
|  Wisconsin Public Finance Authority<br> (North San Gabriel Municipal Utility District No. 1)<br>Series 2023<br>Zero Coupon, 09/01/2029<sup>(b)</sup> | 148 | 110385 |
|  Wisconsin Public Finance Authority<br> (Prerefunded - US Treasuries)<br>Series 2020<br>5.00%, 04/01/2050<sup>(b)</sup> | 25 | 27315 |
|  Wisconsin Public Finance Authority<br> (Puerto Rico Tollroads LLC)<br>Series 2024<br>5.75%, 07/01/2049 | 1000 | 1005526 |
|  Wisconsin Public Finance Authority<br> (QCF Behavioral Hospitals I Obligated Group)<br>Series 2024<br>7.50%, 07/01/2059<sup>(b)</sup> | 1000 | 1091054 |
|  Wisconsin Public Finance Authority<br> (Queens University of Charlotte)<br>Series 2022<br>5.25%, 03/01/2042 | 1000 | 968271 |
|  Wisconsin Public Finance Authority<br> (RBS Evolution LLC)<br>Series 2023<br>10.00%, 11/01/2038<sup>(b)</sup> | 1000 | 1125620 |
|  Wisconsin Public Finance Authority<br> (Samaritan Housing Foundation Obligated Group)<br>Series 2021<br>4.00%, 06/01/2056<sup>(b)</sup> | 500 | 330348 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 06/01/2049<sup>(b)</sup> | 100 | 69550 |
|  Wisconsin Public Finance Authority<br> (Southeast Overtown Park West Community Redevelopment Agency)<br>Series 2024<br>5.00%, 06/01/2041<sup>(b)</sup> | 1000 | 972393 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Wisconsin Public Finance Authority<br> (Southeastern Regional Medical Center Obligated Group)<br>Series 2022<br>4.00%, 02/01/2034 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1179154 |
|  Wisconsin Public Finance Authority<br> (SR 400 Peach Partners LLC)<br>Series 2025<br>5.75%, 06/30/2060<sup>(i)</sup> |  | 3620 |  | 3486341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/31/2065<sup>(i)</sup> |  | 4595 |  | 4380703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/30/2060<sup>(i)</sup> |  | 2000 |  | 2102669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 12/31/2065<sup>(i)</sup> |  | 2000 |  | 2087362 |
|  Wisconsin Public Finance Authority<br> (Triad Math & Science Academy)<br>Series 2025<br>5.50%, 06/15/2055 |  | 1000 |  | 969453 |
|  Wisconsin Public Finance Authority<br> (UMA Education, Inc.)<br>Series 2019<br>5.00%, 10/01/2025<sup>(b)</sup> |  | 100 |  | 100164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2027<sup>(b)</sup> |  | 130 |  | 133021 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029<sup>(b)</sup> |  | 100 |  | 103877 |
|  Wisconsin Public Finance Authority<br> (Washoe Barton Medical Clinic)<br>Series 2021<br>4.00%, 12/01/2051<sup>(b)</sup> |  | 1000 |  | 767618 |
|  Wisconsin Public Finance Authority<br> (Waterstone Projects)<br>Series 2024<br>5.50%, 12/15/2038<sup>(b)</sup> |  | 1000 |  | 984498 |
|  |  |  |  | 39361112 |
|  Total Long-Term Municipal Bonds<br>(cost $905,224,908) | Total Long-Term Municipal Bonds<br>(cost $905,224,908) | Total Long-Term Municipal Bonds<br>(cost $905,224,908) |  | 876412116 |
|  **Short-Term Municipal Notes – 3.2%** | **Short-Term Municipal Notes – 3.2%** | **Short-Term Municipal Notes – 3.2%** | **Short-Term Municipal Notes – 3.2%** | **Short-Term Municipal Notes – 3.2%** |
|  **California – 0.4%** | **California – 0.4%** | **California – 0.4%** | **California – 0.4%** | **California – 0.4%** |
|  City of Los Angeles CA<br> (City of Los Angeles CA)<br>Series 2025<br>5.00%, 06/25/2026 |  | 2000 |  | 2048028 |
|  Nuveen California AMT-Free Quality Municipal Income Fund<br> (Nuveen California AMT-Free Quality Municipal Income Fund)<br>Series 2017<br>2.74%, 10/01/2047<sup>(b) (n)</sup> |  | 1000 |  | 1000000 |
|  |  |  |  | 3048028 |
|  **Colorado – 0.1%** | **Colorado – 0.1%** | **Colorado – 0.1%** | **Colorado – 0.1%** | **Colorado – 0.1%** |
|  Colorado Educational & Cultural Facilities Authority<br> (Jewish Federation of South Palm Beach County)<br>Series 2008<br>2.80%, 02/01/2038<sup>(n)</sup> |  | 690 |  | 690000 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Florida – 0.1%** | **Florida – 0.1%** | **Florida – 0.1%** |
|  Florida Gulf Coast University Financing Corp.<br> (Florida Gulf Coast University Financing)<br>Series 2009-A<br>2.36%, 02/01/2039<sup>(n)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 |
|  **Idaho – 0.1%** | **Idaho – 0.1%** | **Idaho – 0.1%** |
|  Idaho Health Facilities Authority<br> (St. Luke's Health System Obligated Group/ID)<br>Series 2018-C<br>2.80%, 03/01/2048<sup>(n)</sup> | 1000 | 1000000 |
|  **Kentucky – 0.1%** | **Kentucky – 0.1%** | **Kentucky – 0.1%** |
|  Kentucky Economic Development Finance Authority<br> (St. Elizabeth Community Health Support)<br>Series 2018<br>2.45%, 05/01/2033<sup>(n)</sup> | 935 | 935000 |
|  **Maryland – 0.1%** | **Maryland – 0.1%** | **Maryland – 0.1%** |
|  Maryland Health & Higher Educational Facilities Authority<br> (University of Maryland Medical System Obligated Group)<br>Series 2008<br>2.75%, 07/01/2041<sup>(n)</sup> | 1060 | 1060000 |
|  **Michigan – 0.2%** | **Michigan – 0.2%** | **Michigan – 0.2%** |
|  Grand Traverse County Hospital Finance Authority<br> (Munson Healthcare Obligated Group)<br>Series 2019<br>2.75%, 07/01/2041<sup>(n)</sup> | 2000 | 2000000 |
|  **New Jersey – 0.2%** | **New Jersey – 0.2%** | **New Jersey – 0.2%** |
|  Essex County Improvement Authority<br> (County of Essex NJ)<br>Series 2025<br>5.00%, 03/17/2026 | 2000 | 2029427 |
|  **New York – 0.4%** | **New York – 0.4%** | **New York – 0.4%** |
|  New York City Health & Hospitals Corp.<br> (New York City Health & Hospitals)<br>Series 2008-D, Class C<br>2.50%, 02/15/2026<sup>(n)</sup> | 235 | 235000 |
|  Triborough Bridge & Tunnel Authority<br> (Triborough Bridge & Tunnel Authority)<br>Series 2022-B<br>2.80%, 01/01/2033<sup>(n)</sup> | 250 | 250000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>3.27% (MUNIPSA + 0.98%), 05/01/2026<sup>(c)</sup> | 2600 | 2600000 |
|  |  | 3085000 |
|  **North Carolina – 0.1%** | **North Carolina – 0.1%** | **North Carolina – 0.1%** |
|  Charlotte-Mecklenburg Hospital Authority (The)<br> (Atrium Health Obligated Group)<br>AG Series 2017-E<br>2.75%, 01/15/2044<sup>(n)</sup> | 1100 | 1100000 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Other – 0.6%** | **Other – 0.6%** | **Other – 0.6%** |
|  Nuveen AMT-Free Municipal Credit Income Fund<br> (Nuveen AMT-Free Municipal Credit Income Fund)<br>Series 2019<br>2.74%, 03/01/2029<sup>(n)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200000 |
|  Nuveen AMT-Free Quality Municipal Income Fund<br> (Nuveen AMT-Free Quality Municipal Income Fund)<br>Series 2021<br>2.74%, 03/01/2029<sup>(n)</sup> | 2700 | 2700000 |
|  |  | 4900000 |
|  **Pennsylvania – 0.0%** | **Pennsylvania – 0.0%** | **Pennsylvania – 0.0%** |
|  Delaware Valley Regional Finance Authority<br> (Delaware Valley Regional Finance Authority)<br>Series 2024-B<br>2.75%, 09/01/2059<sup>(n)</sup> | 400 | 400000 |
|  **Rhode Island – 0.0%** | **Rhode Island – 0.0%** | **Rhode Island – 0.0%** |
|  Rhode Island Health & Educational Building Corp.<br> (Bryant University)<br>Series 2008<br>2.45%, 06/01/2035<sup>(n)</sup> | 300 | 300000 |
|  **South Carolina – 0.2%** | **South Carolina – 0.2%** | **South Carolina – 0.2%** |
|  Orangeburg County School District<br> (Orangeburg County School District)<br>Series 2025<br>5.00%, 08/13/2026<sup>(i)</sup> | 1500 | 1534992 |
|  **Virginia – 0.2%** | **Virginia – 0.2%** | **Virginia – 0.2%** |
|  Hampton Roads Sanitation District<br> (Hampton Roads Sanitation District)<br>Series 2025-A<br>5.00%, 07/15/2026 | 2000 | 2043012 |
|  **Wisconsin – 0.4%** | **Wisconsin – 0.4%** | **Wisconsin – 0.4%** |
|  Public Finance Authority<br> (Kaiser Obligated Group)<br>Series 2023-B<br>2.80%, 10/01/2055<sup>(n)</sup> | 3255 | 3255000 |
|  Total Short-Term Municipal Notes<br>(cost $28,356,501) | Total Short-Term Municipal Notes<br>(cost $28,356,501) | 28380459 |
|  Total Municipal Obligations<br>(cost $933,581,409) | Total Municipal Obligations<br>(cost $933,581,409) | 904792575 |
|  **CORPORATES - INVESTMENT GRADE – 0.7%** | **CORPORATES - INVESTMENT GRADE – 0.7%** | **CORPORATES - INVESTMENT GRADE – 0.7%** |
|  **Industrial – 0.5%** | **Industrial – 0.5%** | **Industrial – 0.5%** |
|  **Consumer Cyclical - Entertainment – 0.2%** | **Consumer Cyclical - Entertainment – 0.2%** | **Consumer Cyclical - Entertainment – 0.2%** |
|  Carnival Corp.<br>4.00%, 08/01/2028<sup>(b)</sup> | 400 | 388548 |
|  YMCA of Greater New York<br>2.303%, 08/01/2026 | 1000 | 973140 |
|  |  | 1361688 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Other Industrial – 0.3%** | **Other Industrial – 0.3%** | **Other Industrial – 0.3%** |
|  Trustees of Columbia University in the City of New York (The)<br>Series 2024<br>4.355%, 10/01/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2859090 |
|  |  | 4220778 |
|  **Financial Institutions – 0.2%** | **Financial Institutions – 0.2%** | **Financial Institutions – 0.2%** |
|  **Banking – 0.2%** | **Banking – 0.2%** | **Banking – 0.2%** |
|  Bank of New York Mellon Corp. (The)<br>Series H<br>3.70%, 03/20/2026<sup>(o)</sup> | 100 | 98755 |
|  Citigroup, Inc.<br>Series Z<br>7.375%, 05/15/2028<sup>(o)</sup> | 1000 | 1039400 |
|  Fifth Third Bancorp<br>Series L<br>4.50%, 09/30/2025<sup>(o)</sup> | 100 | 99739 |
|  Huntington Bancshares, Inc./OH<br>Series F<br>5.625%, 07/15/2030<sup>(o)</sup> | 100 | 102100 |
|  Truist Financial Corp.<br>Series Q<br>5.10%, 03/01/2030<sup>(o)</sup> | 100 | 98578 |
|  Wells Fargo & Co.<br>Series BB<br>3.90%, 03/15/2026<sup>(o)</sup> | 100 | 98969 |
|  |  | 1537541 |
|  Total Corporates - Investment Grade<br>(cost $5,892,170) | Total Corporates - Investment Grade<br>(cost $5,892,170) | 5758319 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.3%** |
|  **Agency CMBS – 0.3%** | **Agency CMBS – 0.3%** | **Agency CMBS – 0.3%** |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br>Series 2022-ML13, Class XUS<br>0.985%, 09/25/2036<sup>(h)</sup> | 1145 | 75957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-ML21, Class AUS<br>4.519%, 08/25/2041 | 1284 | 1298422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-ML24, Class AUS<br>4.156%, 05/25/2041 | 991 | 935643 |
|  |  | 2310022 |
|  **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** |
|  California Housing Finance Agency<br>Series 2021-3, Class X<br>0.768%, 08/20/2036<sup>(h)</sup> | 942 | 42635 |
|  New Hampshire Business Finance Authority<br>Series 2022-2, Class X<br>0.675%, 10/01/2036<sup>(h)</sup> | 962 | 40930 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Washington State Housing Finance Commission<br>Series 2023-1, Class X<br>1.45%, 04/20/2037<sup>(h)</sup> | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968 | $| 193124 |
|  |  |  |  | 276689 |
|  Total Commercial Mortgage-Backed Securities<br>(cost $2,680,896) | Total Commercial Mortgage-Backed Securities<br>(cost $2,680,896) | Total Commercial Mortgage-Backed Securities<br>(cost $2,680,896) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2586711 |
|  **CORPORATES - NON-INVESTMENT GRADE – 0.2%** | **CORPORATES - NON-INVESTMENT GRADE – 0.2%** | **CORPORATES - NON-INVESTMENT GRADE – 0.2%** | **CORPORATES - NON-INVESTMENT GRADE – 0.2%** | **CORPORATES - NON-INVESTMENT GRADE – 0.2%** |
|  **Financial Institutions – 0.0%** | **Financial Institutions – 0.0%** | **Financial Institutions – 0.0%** | **Financial Institutions – 0.0%** | **Financial Institutions – 0.0%** |
|  **REITs – 0.0%** | **REITs – 0.0%** | **REITs – 0.0%** | **REITs – 0.0%** | **REITs – 0.0%** |
|  Bridgewater Castle Rock ALF LLC<br>9.50%, 09/30/2025 |  | 60 |  | 60000 |
|  **Industrial – 0.2%** | **Industrial – 0.2%** | **Industrial – 0.2%** | **Industrial – 0.2%** | **Industrial – 0.2%** |
|  **Communications - Media – 0.1%** | **Communications - Media – 0.1%** | **Communications - Media – 0.1%** | **Communications - Media – 0.1%** | **Communications - Media – 0.1%** |
|  CCO Holdings LLC/CCO Holdings Capital Corp.<br>4.25%, 01/15/2034<sup>(b)</sup> |  | 309 |  | 266580 |
|  DISH DBS Corp.<br>5.25%, 12/01/2026<sup>(b)</sup> |  | 240 |  | 225737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/01/2028<sup>(b)</sup> |  | 250 |  | 223125 |
|  |  |  |  | 715442 |
|  **Consumer Cyclical - Entertainment – 0.1%** | **Consumer Cyclical - Entertainment – 0.1%** | **Consumer Cyclical - Entertainment – 0.1%** | **Consumer Cyclical - Entertainment – 0.1%** | **Consumer Cyclical - Entertainment – 0.1%** |
|  Wild Rivers Water Park<br>8.50%, 11/01/2051<sup>(k) (l)</sup> |  | 1225 |  | 750004 |
|  **Services – 0.0%** | **Services – 0.0%** | **Services – 0.0%** | **Services – 0.0%** | **Services – 0.0%** |
|  Trousdale Issuer LLC<br>Series A<br>6.50%, 04/01/2025<sup>(d) (j) (k) (l)</sup> |  | 161 |  | 1919 |
|  |  |  |  | 1467365 |
|  **Utility – 0.0%** | **Utility – 0.0%** | **Utility – 0.0%** | **Utility – 0.0%** | **Utility – 0.0%** |
|  **Electric – 0.0%** | **Electric – 0.0%** | **Electric – 0.0%** | **Electric – 0.0%** | **Electric – 0.0%** |
|  Vistra Corp.<br>7.00%, 12/15/2026<sup>(b) (o)</sup> |  | 225 |  | 227101 |
|  Total Corporates - Non-Investment Grade<br>(cost $2,294,890) | Total Corporates - Non-Investment Grade<br>(cost $2,294,890) | Total Corporates - Non-Investment Grade<br>(cost $2,294,890) |  | 1754466 |
|  **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** |
|  **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** |
|  Lendbuzz Securitization Trust<br>Series 2023-1A, Class A2<br>6.92%, 08/15/2028<sup>(b)</sup> |  | 656 |  | 664618 |
|  **Other ABS - Fixed Rate – 0.0%** | **Other ABS - Fixed Rate – 0.0%** | **Other ABS - Fixed Rate – 0.0%** | **Other ABS - Fixed Rate – 0.0%** | **Other ABS - Fixed Rate – 0.0%** |
|  Domino's Pizza Master Issuer LLC<br>Series 2021-1A, Class A2I<br>2.662%, 04/25/2051<sup>(b)</sup> |  | 195 |  | 181383 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Other ABS - Floating Rate – 0.0%** | **Other ABS - Floating Rate – 0.0%** | **Other ABS - Floating Rate – 0.0%** |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br>12.50% (PRIME 1 Month + 4.00%), 03/04/2026<sup>(c) (k) (l)</sup> | $4 | $4092 |
|  Total Asset-Backed Securities<br>(cost $854,696) | Total Asset-Backed Securities<br>(cost $854,696) | 850093 |
|  **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** |
|  **Risk Share Floating Rate – 0.0%** | **Risk Share Floating Rate – 0.0%** | **Risk Share Floating Rate – 0.0%** |
|  Federal National Mortgage Association Connecticut Avenue Securities<br>Series 2016-C01, Class 1M2<br>11.214% (CME Term SOFR + 6.86%), 08/25/2028<sup>(c)</sup> | 28 | 28900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C02, Class 1M2<br>10.464% (CME Term SOFR + 6.11%), 09/25/2028<sup>(c)</sup> | 19 | 19288 |
|  Total Collateralized Mortgage Obligations<br>(cost $49,567) | Total Collateralized Mortgage Obligations<br>(cost $49,567) | 48188 |
|  | **Shares** |  |
|  **PREFERRED STOCKS – 0.0%** | **PREFERRED STOCKS – 0.0%** | **PREFERRED STOCKS – 0.0%** |
|  **Industrials – 0.0%** | **Industrials – 0.0%** | **Industrials – 0.0%** |
|  **Energy – 0.0%** | **Energy – 0.0%** | **Energy – 0.0%** |
|  AES Guayama Holdings<br>0.00%<sup>(d) (k) (l)</sup><br>(cost $96,592) | 5320 | 15481 |
|  **SHORT-TERM INVESTMENTS – 2.8%** | **SHORT-TERM INVESTMENTS – 2.8%** | **SHORT-TERM INVESTMENTS – 2.8%** |
|  **Investment Companies – 2.8%** | **Investment Companies – 2.8%** | **Investment Companies – 2.8%** |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.15%<sup>(p) (q) (r)</sup><br>(cost $24,716,032) | 24716032 | 24716032 |
|  **Total Investments – 106.9%**<br> (cost $970,166,252)<sup>(s)</sup> | **Total Investments – 106.9%**<br> (cost $970,166,252)<sup>(s)</sup> | 940521865 |
|  Other assets less liabilities – (6.9)% | Other assets less liabilities – (6.9)% | (60508739) |
|  **Net Assets – 100.0%** | **Net Assets – 100.0%** | $**880013126** |

---

------

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed<br>Rate<br>(Pay)<br>Receive** | **Payment<br>Frequency** | **Implied<br>Credit<br>Spread at<br>July 31,<br>2025** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-NAHY Series 44, 5 Year Index, 06/20/2030\* | (5.00)% | Quarterly | 3.22% | USD | 11300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(882602) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(550318) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(332284) |

---

*\** *Termination date* 

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | **Payment<br>Frequency<br>Paid/<br>Received** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 21340 | 10/15/2028 | CPI# | 2.565% | Maturity | $(144726) | $— | $(144726) |
| USD | 19750 | 10/15/2029 | 2.569% | CPI# | Maturity | 105390 |  | 105390 |
| USD | 19000 | 10/15/2029 | 2.485% | CPI# | Maturity | 177101 |  | 177101 |
| USD | 14592 | 10/15/2029 | 2.516% | CPI# | Maturity | 114525 |  | 114525 |
| USD | 14579 | 10/15/2029 | 2.451% | CPI# | Maturity | 159237 |  | 159237 |
| USD | 14579 | 10/15/2029 | 2.499% | CPI# | Maturity | 126200 |  | 126200 |
| USD | 22410 | 10/15/2030 | CPI# | 2.531% | Maturity | (140030) |  | (140030) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397697 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397697 |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | **Payment<br>Frequency<br>Paid/<br>Received** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 7900 | 10/15/2030 | 1 Day SOFR | 4.092% | Annual | $168011 | $— | $168011 |
| USD | 16300 | 12/03/2031 | 1 Day SOFR | 4.178% | Annual | 458726 |  | 458726 |
| USD | 9140 | 12/03/2031 | 1 Day SOFR | 4.057% | Annual | 187628 |  | 187628 |
| USD | 14900 | 03/12/2032 | 1 Day SOFR | 3.772% | Annual | 73368 |  | 73368 |
| USD | 9400 | 03/12/2032 | 1 Day SOFR | 3.789% | Annual | 55608 |  | 55608 |
| USD | 8300 | 08/15/2034 | 3.264% | 1 Day<br>SOFR | Annual | 429135 | 228 | 428907 |
| USD | 6700 | 08/15/2034 | 3.304% | 1 Day<br>SOFR | Annual | 333020 |  | 333020 |
| USD | 6120 | 08/15/2034 | 3.314% | 1 Day<br>SOFR | Annual | 283066 |  | 283066 |
| USD | 6000 | 08/15/2034 | 3.446% | 1 Day<br>SOFR | Annual | 218327 |  | 218327 |
| USD | 3000 | 08/15/2034 | 3.187% | 1 Day<br>SOFR | Annual | 173324 |  | 173324 |
| USD | 21500 | 02/15/2035 | 3.838% | 1 Day<br>SOFR | Annual | (10817) | (6016) | (4801) |
| USD | 12300 | 02/15/2035 | 3.747% | 1 Day<br>SOFR | Annual | 85393 | (2984) | 88377 |
| USD | 12110 | 02/15/2035 | 3.923% | 1 Day<br>SOFR | Annual | (89283) |  | (89283) |
| USD | 10500 | 02/15/2035 | 3.771% | 1 Day<br>SOFR | Annual | 50710 |  | 50710 |
| USD | 3800 | 02/15/2035 | 3.603% | 1 Day<br>SOFR | Annual | 71348 | (284) | 71632 |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2487564 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9056) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496620 |

---

------

**INTEREST RATE SWAPS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Rate Type** | **Rate Type** | | | | |
| **Swap Counterparty** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | **Payment<br>Frequency<br>Paid/<br>Received** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| Bank of America NA | USD | 1500 | 03/12/2026 | MMD 10<br>Year^ | 3.350% | Maturity | $(28912) | $— | $(28912) |
| Bank of America NA | USD | 1500 | 05/06/2026 | MMD 10<br>Year^ | 3.660% | Maturity | 9559 |  | 9559 |
| Bank of America NA | USD | 2000 | 06/25/2026 | MMD 10<br>Year^ | 3.570% | Maturity | (12781) |  | (12781) |
| Citibank NA | USD | 2220 | 10/09/2029 | 1.125% | 1 Week<br>SIFMA\* | Quarterly | 140747 |  | 140747 |
| JPMorgan Chase Bank NA | USD | 2000 | 03/16/2026 | MMD 10<br>Year^ | 3.460% | Maturity | (18119) |  | (18119) |
| JPMorgan Chase Bank NA | USD | 1500 | 04/23/2026 | MMD 10<br>Year^ | 3.840% | Maturity | 37344 |  | 37344 |
| JPMorgan Chase Bank NA | USD | 1000 | 06/04/2026 | MMD 10<br>Year^ | 3.690% | Maturity | 6890 |  | 6890 |
| Morgan Stanley Capital Services LLC | USD | 2000 | 08/29/2025 | MMD 10<br>Year^ | 3.040% | Maturity | (57891) |  | (57891) |
| Morgan Stanley Capital Services LLC | USD | 2000 | 10/23/2025 | MMD 10<br>Year^ | 3.240% | Maturity | (25787) |  | (25787) |
| Morgan Stanley Capital Services LLC | USD | 2000 | 12/19/2025 | MMD 10<br>Year^ | 3.300% | Maturity | (29285) |  | (29285) |
| Morgan Stanley Capital Services LLC | USD | 1500 | 03/12/2026 | MMD 10<br>Year^ | 3.350% | Maturity | (28912) |  | (28912) |
| Morgan Stanley Capital Services LLC | USD | 3000 | 03/26/2026 | MMD 10<br>Year^ | 3.640% | Maturity | 23441 |  | 23441 |
| Morgan Stanley Capital Services LLC | USD | 5000 | 04/13/2026 | MMD 10<br>Year^ | 3.890% | Maturity | 152139 |  | 152139 |
| Morgan Stanley Capital Services LLC | USD | 1500 | 05/29/2026 | MMD 10<br>Year^ | 3.660% | Maturity | 6726 |  | 6726 |
| Morgan Stanley Capital Services LLC | USD | 1500 | 07/13/2026 | MMD 5<br>Year^ | 2.930% | Maturity | 2365 |  | 2365 |
|  |  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177524 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177524 |

---

*^* *Variable interest rate based on the Municipal Market Data AAA General Obligation Scale.* 

*\** *Variable interest rate based on the Securities Industry & Financial Markets Association (SIFMA) Municipal Swap Index.* 

*(a)* *Security represents the underlying municipal obligation of an inverse floating rate obligation held by the Fund.* 

*(b)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At July 31, 2025, the aggregate market value of these securities amounted to $194,405,527 or 22.1% of net assets.* 

*(c)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at July 31, 2025.* 

*(d)* *Non-income producing security.* 

*(e)* *Defaulted.* 

------

*(f)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 2.18% of net assets as of July 31, 2025, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition<br>Date** | **Cost** | | **Market<br>Value** | | **Percentage<br>of<br>Net Assets** |
|  *ARC70 II Trust<br>(ARC70 II TRUST)<br>Series 2023<br>5.00%, 04/01/2065* | *07/18/2023-07/01/2025* | $*2222189* | | $*2087662* | | *0.24%* |
|  *Arizona Industrial Development Authority<br>(Legacy Cares, Inc.)<br>Series 2020<br>7.75%, 07/01/2050* | *08/12/2020-07/20/2022* | *1101588* | | *30600* | | *0.00%* |
|  *Brazoria County Industrial Development Corp.<br>(Brazoria County Industrial Development)<br>10.00%, 06/01/2042* | *06/08/2022* | *459336* | | *351513* | | *0.04%* |
|  *County of Montgomery OH<br>(Trousdale Foundation Obligated Group)<br>Series 2018-A<br>6.25%, 04/01/2049* | *04/07/2020* | *41774* | | *1004* | | *0.00%* |
|  *Douglas County Housing Partnership<br>(Bridgewater Castle Rock ALF)<br>Series 2021<br>5.375%, 01/01/2041* | *01/14/2021* | *246505* | | *187500* | | *0.02%* |
|  *Housing & Redevelopment Authority of The City of St. Paul Minnesota<br>(Minnesota Math & Science Academy)<br>Series 2021<br>4.00%, 06/01/2051* | *07/14/2021-03/07/2025* | *154741* | | *105750* | | *0.01%* |
|  *Housing & Redevelopment Authority of The City of St. Paul Minnesota<br>(Minnesota Math & Science Academy)<br>Series 2021<br>4.00%, 06/01/2056* | *07/14/2021* | *101532* | | *47000* | | *0.01%* |
|  *Illinois Housing Development Authority<br>(Drexel Court & Lake Park East)<br>Series 2024<br>5.67%, 11/01/2038* | *10/19/2022* | *955000* | | *903404* | | *0.10%* |
|  *Indiana Finance Authority<br>(Brightmark Plastics Renewal Indiana)<br>Series 2019<br>7.00%, 03/01/2039* | *03/29/2019-06/09/2022* | *941757* | | *53500* | | *0.01%* |
|  *Indiana Finance Authority<br>(Parkview Health System Obligated Group)<br>Series 2024-B<br>3.762%, 11/01/2046* | *06/24/2024* | *9825000* | | *9809156* | | *1.11%* |
|  *Knox County Industrial Development Board<br>(Tompaul Knoxville LLC)<br>Series 2022<br>9.25%, 11/01/2042* | *11/25/2022* | *200000* | | *195065* | | *0.02%* |
|  *Knox County Industrial Development Board<br>(Tompaul Knoxville LLC)<br>Series 2022<br>9.50%, 11/01/2052* | *11/25/2022-06/13/2025* | *414625* | | *396180* | | *0.05%* |
|  *Last Step Recycling LLC<br>(Last Step Recycling LLC)<br>9.50%, 12/15/2028* | *03/26/2025-06/23/2025* | *153162* | | *153162* | | *0.02%* |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition<br>Date** | **Cost** | | **Market<br>Value** | | **Percentage<br>of<br>Net Assets** |
|  *Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd<br>(Trousdale Foundation Obligated Group)<br>Series 2018-A<br>6.25%, 04/01/2049* | *08/29/2018* | $*107716* | | $*1356* | | *0.00%* |
|  *Mississippi Business Finance Corp.<br>(Alden Group Renewable Energy Mississippi)<br>Series 2022<br>8.00%, 12/01/2029* | *12/13/2022* | *494687* | | *340000* | | *0.04%* |
|  *New Hope Cultural Education Facilities Finance Corp.<br>(Dwyer Workforce Development)<br>Series 2023<br>8.50%, 09/01/2027* | *02/03/2023* | *795000* | | *795724* | | *0.09%* |
|  *South Carolina Jobs-Economic Development Authority<br>(Last Step Recycling LLC)<br>Series 2021<br>6.25%, 06/01/2040* | *07/20/2022* | *84555* | | *11000* | | *0.00%* |
|  *South Carolina Jobs-Economic Development Authority<br>(Last Step Recycling LLC)<br>Series 2021<br>6.50%, 06/01/2051* | *06/16/2021-10/20/2022* | *269304* | | *33000* | | *0.00%* |
|  *Virginia Small Business Financing Authority<br>(Total Fiber Recovery @ Chesapeake)<br>Series 2022<br>8.50%, 06/01/2042* | *06/08/2022* | *615000* | | *492000* | | *0.06%* |
|  *Virginia Small Business Financing Authority<br>(Total Fiber Recovery @ Chesapeake)<br>Series 2022<br>8.531%, 06/01/2029* | *06/08/2022* | *530000* | | *424000* | | *0.05%* |
|  *West Virginia Economic Development Authority<br>(Wyoming County Coal LLC)<br>Series 2023<br>9.00%, 06/01/2038* | *05/31/2023* | *1000000* | | *900000* | | *0.10%* |
|  *Wisconsin Public Finance Authority<br>(Catholic Bishop of Chicago/The)<br>Series 2021<br>5.75%, 07/25/2041* | *08/03/2021* | *1000000* | | *898770* | | *0.10%* |
|  *Wisconsin Public Finance Authority<br>(Crossroads Health Project)<br>Series 2023<br>8.00%, 07/01/2053* | *07/10/2023* | *1000000* | | *960134* | | *0.11%* |
|  *Wisconsin Public Finance Authority<br>(KDC Agribusiness LLC)<br>Series 2022<br>15.00%, 04/30/2023* | *11/10/2022* | *600000* | | *0* | | *0.00%* |
|  *Wisconsin Public Finance Authority<br>(KDC Agribusiness LLC)<br>Series 2023<br>15.00%, 04/30/2023* | *03/16/2023* | *175000* | | *2* | | *0.00%* |

---

------

*(g)* *Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at July 31, 2025.* 

*(h)* *IO - Interest Only.* 

*(i)* *When-Issued or delayed delivery security.* 

*(j)* *Defaulted matured security.* 

*(k)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(l)* *Fair valued by the Adviser.* 

*(m)* *Pay-In-Kind Payments (PIK). The issuer may pay cash interest and/or interest in additional debt securities. Rates shown are the rates in effect at July 31, 2025.* 

*(n)* *Variable Rate Demand Notes are instruments whose interest rates change on a specific date (such as coupon date or interest payment date) or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). This instrument is payable on demand and is secured by letters of credit or other credit support agreements from major banks.* 

*(o)* *Securities are perpetual and, thus, do not have a predetermined maturity date. The date shown, if applicable, reflects the next call date.* 

*(p)* *The rate shown represents the 7-day yield as of period end.* 

*(q)* *Affiliated investments.* 

*(r)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(s)* *As of July 31, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $9,479,592 and gross unrealized depreciation of investments was $(36,385,422), resulting in net unrealized depreciation of $(26,905,830).* 

---

| | |
|:---|:---|
| | *As of July 31, 2025, the Fund's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 6.3% and 0.0%, respectively.*  |

---

*Glossary:* 

*ABS* – *Asset-Backed Securities* 

*AG* – *Assured Guaranty Inc.* 

*AMT* – *Alternative Minimum Tax (subject to)* 

*BAM* – *Build American Mutual* 

*CCRC* – *Congregate Care Retirement Center* 

*CDX-NAHY – North American High Yield Credit Default Swap Index* 

*CHF* – *Collegiate Housing Foundation* 

*CMBS* – *Commercial Mortgage-Backed Securities* 

*CME – Chicago Mercantile Exchange* 

*COP* – *Certificate of Participation* 

*FHLMC* – *Federal Home Loan Mortgage Corporation* 

*MMD* – *Municipal Market Data* 

*MUNIPSA – SIFMA Municipal Swap Index* 

*OSF* – *Order of St. Francis* 

*SOFR* – *Secured Overnight Financing Rate* 

*UPMC* – *University of Pittsburgh Medical Center* 

------

**AB Tax-Aware Fixed Income Opportunities Portfolio** 

**July 31, 2025 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of
investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

------

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

The following table summarizes the valuation of the Fund's investments by the above fair value hierarchy levels as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Long-Term Municipal Bonds | $— | $876256592 | $155524 <sup>(a)</sup> | $876412116 |
| Short-Term Municipal Notes |  | 28380459 |  | 28380459 |
| Corporates - Investment Grade |  | 5758319 |  | 5758319 |
| Commercial Mortgage-Backed Securities |  | 2586711 |  | 2586711 |
| Corporates - Non-Investment Grade |  | 1002543 | 751923 | 1754466 |
| Asset-Backed Securities |  | 846001 | 4092 | 850093 |
| Collateralized Mortgage Obligations |  | 48188 |  | 48188 |
| Preferred Stocks |  |  | 15481 | 15481 |
| Short-Term Investments | 24716032 |  |  | 24716032 |
| Total Investments in Securities | 24716032 | 914878813 | 927020 <sup>(a)</sup> | 940521865 |
| **Other Financial Instruments<sup>(b)</sup>:** |  |  |  |  |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Centrally Cleared Inflation (CPI) Swaps |  | 682453 |  | 682453 |
| Centrally Cleared Interest Rate Swaps |  | 2587664 |  | 2587664 |
| Interest Rate Swaps |  | 379211 |  | 379211 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Centrally Cleared Credit Default Swaps |  | (882602) |  | (882602) |
| Centrally Cleared Inflation (CPI) Swaps |  | (284756) |  | (284756) |
| Centrally Cleared Interest Rate Swaps |  | (100100) |  | (100100) |
| Interest Rate Swaps |  | (201687) |  | (201687) |
| **Total** | $**24716032** | $**917058996** | $**927020** **<sup>(a)</sup>** | $**942702048** |

---

---

| | |
|:---|:---|
| | *The Fund holds liabilities for floating rate notes obligations which are not reflected in the table above. The fair value of the Fund's liabilities for floating rate note obligations approximates their liquidation values. Floating rate note obligations are generally classified as level 2.*  |

---

*<sup>(a)</sup>* *The Fund held securities with zero market value at period end.* 

*<sup>(b)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

------

A summary of the Fund's transactions in AB mutual funds for the nine months ended July 31, 2025 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value**<br> **10/31/2024**<br> **(000)** | **Purchases**<br> **at Cost**<br> **(000)** | **Sales**<br> **Proceeds**<br> **(000)** | **Market Value**<br> **07/31/2025**<br> **(000)** | **Dividend**<br> **Income**<br> **(000)** |
| AB Government Money Market Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1670 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275528 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252482 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24716 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB BOND FUND, INC.

- **b. Investment Company Act file number:** 811-02383

- **c. CIK number of Registrant:** 0000003794

- **d. LEI of Registrant:** 549300RYJMGGIS1UBQ97

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB Tax-Aware Fixed Income Opportunities Portfolio

- **b. EDGAR series identifier (if any):** S000043269

- **c. LEI of Series:** 549300OL1W257VM9JW61

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $955379122.25

**Total Liabilities:** $77326237.75

**Net Assets:** $878052884.50

**Delayed Delivery Securities:** $22283060.30

**Cash Not Reported:** $1566366.91

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1202.32000000 | **1-Year:** -18540.06000000 | **5-Year:** -98770.04000000 | **10-Year:** -295112.15000000 | **30-Year:** -123244.80000000

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

- **3-Month:** -411.49000000 | **1-Year:** -7684.16000000 | **5-Year:** -24187.10000000 | **10-Year:** -78048.94000000 | **30-Year:** -51227.11000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000133860 | -0.32%               | 0.73%                | -0.52%               |
| Class ID C000133864 | -0.31%               | 0.64%                | -0.60%               |
| Class ID C000133863 | -0.25%               | 0.71%                | -0.54%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-279197.54              | $-5175501.72                               |
| Month 2  | $-4299.88                | $3554761.32                                |
| Month 3  | $-598916.63              | $-6680822.82                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond Unhedged

- **Index Identifier:** LMBITR:IND

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Beaumont Housing Authority                                                       | BEAUMONT TX HSG AUTH RSDL DEV REVENUE                                                                                                    | CUSIP: 07451AAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $945657.50    | 0.11%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Washington County Community Development Agency                                   | WASHINGTON CNTY MN CMNTY DEV AGY MF HSG REV                                                                                              | CUSIP: 93778DAB2<br>LEI: 5493005S0NC4J4L8DM18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991313.10    | 0.11%             | 2042-07-01      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                              | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2290658.36   | 0.26%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    997862 | PA      | $941912.20    | 0.11%             | 2041-01-20      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS33SO4   IRS USD R F   .00000 IS33SO4/MMD. 3.89 04102025 / Short: IS33SO4   IRS USD P F   .00000 IS33SP5/MUNIRATELOCK/10Y/T3750   | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   5000000 | OU      | $152138.55    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                                                                                                       | CUSIP: 12008ETZ9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934714.30    | 0.11%             | 2062-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE                                                                                           | CUSIP: 14043FAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987621.30    | 0.11%             | 2045-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH HLTH CARE REVENUE                                                                                          | CUSIP: 49126TBE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000244.10   | 0.11%             | 2027-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                         | CUSIP: 79739GTC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020334.10   | 0.12%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FIN AUTH SPORTS & ENTERTAINMENT FACS                                                                             | CUSIP: 92810TAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $394626.39    | 0.04%             | 2052-12-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QPP1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    375000 | PA      | $376026.11    | 0.04%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                                                                                                        | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2760220.75   | 0.31%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                                                                         | CUSIP: 574217V28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1060000.00   | 0.12%             | 2041-07-01      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | COOK CNTY IL                                                                                                                             | CUSIP: 213185MC2<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003332.20   | 0.11%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE                                                                                | CUSIP: 61022CAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102181.83    | 0.01%             | 2043-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                          | CUSIP: 546399TA4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $910798.20    | 0.10%             | 2066-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                                                                                                          | CUSIP: 451295D97<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040151.30   | 0.12%             | 2057-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION REGISTRATION FEE REVENUE                                                                             | CUSIP: 709222DS9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2479286.08   | 0.28%             | 2041-07-15      | Floating      | 3.14%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                                                                                   | CUSIP: 939783SY3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $834509.50    | 0.10%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH                                                                                         | CUSIP: 592090JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013501.80   | 0.12%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                                         | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1186975.10   | 0.14%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $233588.81    | 0.03%             | 2057-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                                                                                    | CUSIP: 93878YDT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10194530.00  | 1.16%             | 2053-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $873018.80    | 0.10%             | 2040-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                       | CUSIP: 19648FYJ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1963393.20   | 0.22%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                         | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1989909 | PA      | $1830146.40   | 0.21%             | 2050-03-01      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| Escambia County Housing Finance Authority                                        | ESCAMBIA CNTY HSG FIN AUTH MF MTGE REVENUE                                                                                               | CUSIP: 29612QAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102745.98    | 0.01%             | 2053-11-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                                                                                 | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $761508.10    | 0.09%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UGN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $795723.61    | 0.09%             | 2027-09-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                 | CUSIP: 79766DVU0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1395502.72   | 0.16%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2Z0M3   IRS USD R V 00MSOFR IS2Z0N4 CCPOIS / Short: BS2Z0M3   IRS USD P F  3.26400 IS2Z0M3 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   8300000 | OU      | $429135.13    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PYM1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $0.01         | 0.00%             | 2023-06-30      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| Bexley Community Development District                                            | BEXLEY CDD FL SPL ASSMNT REVENUE                                                                                                         | CUSIP: 088570AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $90623.61     | 0.01%             | 2047-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                 | CUSIP: 79766DWS4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3576865.28   | 0.41%             | 2040-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $662612.70    | 0.08%             | 2058-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                          | CUSIP: 544525Q35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4865000 | PA      | $4859711.75   | 0.55%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2YYQ2   IRS USD R V 00MSOFR IS2YYR3 CCPOIS / Short: BS2YYQ2   IRS USD P F  3.44600 IS2YYQ2 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   6000000 | OU      | $218327.23    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH                                                                                  | CUSIP: 54627RAS9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020512.30   | 0.12%             | 2034-12-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD                                                                             | CUSIP: 59212TAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    108451 | PA      | $1355.64      | 0.00%             | 2049-04-01      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HSP1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1246761.92   | 0.14%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                          | CUSIP: 01757LGE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1111922.45   | 0.13%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                         | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    266859 | PA      | $250644.80    | 0.03%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                                                                                 | CUSIP: 542691HM5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004671.20   | 0.11%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV                                                                              | CUSIP: 708692BW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $760158.00    | 0.09%             | 2029-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS30EP8   IRS USD R F  2.56500 IS30EP8 CCPINFLATIONZERO / Short: SS30EP8   IRS USD P V 12MUSCPI IS30EQ9 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21340000 | OU      | $-144725.96   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Town of Hamden CT                                                                | HAMDEN CT REVENUE                                                                                                                        | CUSIP: 406802AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103228.08    | 0.01%             | 2053-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                              | CUSIP: 64966SCK0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $885145.40    | 0.10%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                      | CUSIP: 120827EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1791133.00   | 0.20%             | 2054-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                             | NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                             | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057487.70   | 0.12%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $289166.92    | 0.03%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1326771.49   | 0.15%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH ECON DEV REVENUE                                                                                                | CUSIP: 040523AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $30600.00     | 0.00%             | 2050-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                     | CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE                                                                                 | CUSIP: 160853LL9<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.13%             | 2044-01-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                           | LOS ANGELES CA                                                                                                                           | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048028.20   | 0.23%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532LW2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087302.00   | 0.24%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE                                                                                    | CUSIP: 54640TAK5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006133.60   | 0.23%             | 2043-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                                                                                             | CUSIP: 14052WDR5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $145399.80    | 0.02%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                                    | Nuveen AMT-Free Quality Municipal Income Fund                                                                                            | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.25%             | 2029-03-01      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                           | CUSIP: 392275EW9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1104949.20   | 0.13%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FREDDIE MAC STRUCTURED PASS THROUGH CERT                                                                                                 | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    997530 | PA      | $984737.83    | 0.11%             | 2042-04-25      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $548012.30    | 0.06%             | 2035-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UFJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $78829.29     | 0.01%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $343283.30    | 0.04%             | 2057-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452152Q61<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    930000 | PA      | $954836.95    | 0.11%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE                                                                                          | CUSIP: 924157AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503171.20    | 0.06%             | 2052-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                               | ASHLAND KY MED CENTER REVENUE                                                                                                            | CUSIP: 044293BW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $370874.54    | 0.04%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: IS2YX21   IRS USD R F   .00000 IS2YX21/MMD 3.04 08282024 / Short: IS2YX21   IRS USD P F   .00000 IS2YX32/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2000000 | OU      | $-57891.12    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                          | CUSIP: 546399PR1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1000968.06   | 0.11%             | 2052-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Atlantic Park Community Development Authority                                    | ATLANTIC PARK CMNTY DEV AUTH VA REVENUE                                                                                                  | CUSIP: 04877YAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $557254.14    | 0.06%             | 2045-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AJ24<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1175522.96   | 0.13%             | 2026-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                               | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1525766.85   | 0.17%             | 2052-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                                          | Long: IS32VX1   IRS USD R F   .00000 IS32VX1/MMD 3.46 03132025 / Short: IS32VX1   IRS USD P F   .00000 IS32VY2/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              |  | US        |   2000000 | OU      | $-18119.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                     | WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS                                                                                         | CUSIP: 95648VBQ1<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900000.00    | 0.10%             | 2038-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS33UF9   IRS USD R V 00MSOFR IS33UG0 CCPOIS / Short: BS33UF9   IRS USD P F  3.92250 IS33UF9 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  12110000 | OU      | $-89282.57    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Corp                                                                                                                              | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227101.50    | 0.03%             | 2026-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                            | CUSIP: 49126KGK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $935000.00    | 0.11%             | 2033-05-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                             | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    309000 | PA      | $266580.48    | 0.03%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4710000 | PA      | $639746.11    | 0.07%             | 2062-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2Y9Y5   IRS USD R V 00MSOFR IS2Y9Z6 CCPOIS / Short: BS2Y9Y5   IRS USD P F  3.30384 IS2Y9Y5 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   6700000 | OU      | $333020.08    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                                                                                    | CUSIP: 73358XNN8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3276300.00   | 0.37%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                                   | CUSIP: 837032BX8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2044134.00   | 0.23%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                                                                                              | CUSIP: 45506EEQ2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $91112.34     | 0.01%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532DZ4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1367718.71   | 0.16%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2102668.80   | 0.24%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001266.10   | 0.11%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS34PF7   IRS USD R F   .00000 IS34PF7/MMD. 3.66 05282025 / Short: IS34PF7   IRS USD P F   .00000 IS34PG8/MUNIRATELOCK/10Y/T3750   | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   1500000 | OU      | $6726.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                                                                                                     | CUSIP: 759874CL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1984585.60   | 0.23%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Platte River Metropolitan District                                               | PLATTE RVR MET DIST CO                                                                                                                   | CUSIP: 727810AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    201000 | PA      | $198900.41    | 0.02%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Bloomington MN                                                           | BLOOMINGTON MN MF REVENUE                                                                                                                | CUSIP: 094806BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $938484.60    | 0.11%             | 2041-07-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                          | CUSIP: 74442CDH4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $767618.30    | 0.09%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Columbia Housing Authority/SC                                                    | COLUMBIA SC HSG AUTH MF HSG REVENUE                                                                                                      | CUSIP: 198409AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98099.32     | 0.01%             | 2032-11-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JCC8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009437.80   | 0.23%             | 2053-07-01      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Aurora Highlands Community Authority Board                                       | AURORA HIGHLANDS CMNTY AUTH BRD CO SPL TAX REVENUE                                                                                       | CUSIP: 05164HAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $454137.65    | 0.05%             | 2051-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| US Bank Trust Co NA                                                              | US BANK TRUST CO NA VA                                                                                                                   | CUSIP: 90355QAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $368086.74    | 0.04%             | 2052-08-01      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4D6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $1183500.00   | 0.13%             | 2051-11-01      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204FUE3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002175.20   | 0.11%             | 2053-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 2510935E6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1948059.40   | 0.22%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE                                                                                          | CUSIP: 70870JEM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2981886.00   | 0.34%             | 2047-11-15      | Floating      | 1.17%                 | No            |                  2 | On Loan: No      |
| Douglas County Housing Partnership                                               | DOUGLAS CNTY CO HSG PARTNERSHIP                                                                                                          | CUSIP: 25889FAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $187500.00    | 0.02%             | 2041-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Love Field Airport Modernization Corp                                            | LOVE FIELD TX ARPT MODERNIZATION CORP GEN ARPT REVENUE                                                                                   | CUSIP: 54714CAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500576.70    | 0.06%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL HOSP REVENUE                                                                                                               | CUSIP: 70252CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3254734.50   | 0.37%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS31F03   IRS USD R V 12MUSCPI IS31F14 CCPINFLATIONZERO / Short: BS31F03   IRS USD P F  2.48500 IS31F03 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  19000000 | OU      | $177101.09    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                                                                                     | CUSIP: 65000XBU3<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010512.40   | 0.23%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    839098 | PA      | $30607.52     | 0.00%             | 2051-07-01      | Variable      | 0.49%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PSF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $898770.30    | 0.10%             | 2041-07-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                                 | CUSIP: 40065NDA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1615319.25   | 0.18%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                                                                                                          | CUSIP: 01728A5V4<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1978499.20   | 0.23%             | 2047-11-15      | Floating      | 2.99%                 | No            |                  2 | On Loan: No      |
| Harris County Industrial Development Corp                                        | HARRIS CNTY TX INDL DEV CORP                                                                                                             | CUSIP: 414189AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2540325.31   | 0.29%             | 2050-11-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 2510935R7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    200000 | PA      | $180282.52    | 0.02%             | 2034-04-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH LESE REVENUE                                                                                                 | CUSIP: 74446LAA8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    340000 | PA      | $320332.67    | 0.04%             | 2030-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $965217.40    | 0.11%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254928.70    | 0.03%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS34449   IRS USD R V 00MSOFR IS34450 CCPOIS / Short: BS34449   IRS USD P F  3.74700 IS34449 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  12300000 | OU      | $85392.80     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                              | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4645000 | PA      | $4795312.20   | 0.55%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447THF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2253203.42   | 0.26%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Broward Hospital District                                                  | NORTH BROWARD FL HOSP DIST                                                                                                               | CUSIP: 657883DL5<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100673.17    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                            | YUMA AZ INDL DEV AUTH HOSP REVENUE                                                                                                       | CUSIP: 988514CZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1287617.88   | 0.15%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                                | CUSIP: 12574WAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $285911.16    | 0.03%             | 2058-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                                                                                  | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2436911.70   | 0.28%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                                                                                                | CUSIP: 74265L2Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5576283.00   | 0.64%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PG90<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015682.50   | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS346M1   IRS USD R V 00MSOFR IS346N2 CCPOIS / Short: BS346M1   IRS USD P F  3.60300 IS346M1 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3800000 | OU      | $71348.07     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                  | CHESTER CNTY PA INDL DEV AUTH                                                                                                            | CUSIP: 165588FL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $237825.45    | 0.03%             | 2042-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1897865.80   | 0.22%             | 2060-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934126.90    | 0.11%             | 2057-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                              | SAINT CLOUD MN HLTH CARE REVENUE                                                                                                         | CUSIP: 78916VEQ9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016728.20   | 0.12%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN                                                                                                            | CUSIP: 57421FBP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034251.90   | 0.12%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                                                                              | CUSIP: 93978T4N6<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |   1967638 | PA      | $193123.72    | 0.02%             | 2037-04-20      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| Dallas County Flood Control District No 1                                        | DALLAS CNTY TX FLOOD CONTROL DIST                                                                                                        | CUSIP: 234662DU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100013.54    | 0.01%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PTL9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $330347.85    | 0.04%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN                                                                                           | CUSIP: 574204F81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1316682.41   | 0.15%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH EXEMPT FAC REVENUE                                                                                                   | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $53500.00     | 0.01%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN                                                                              | CUSIP: 88256HBE7<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055920.20   | 0.12%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Tobacco Settlement Authority                                                | TOBACCO SETTLEMENT AUTH IA TOBACCO SETTLEMENT REVENUE                                                                                    | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $328186.79    | 0.04%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675934S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3245000 | PA      | $3308213.25   | 0.38%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                                     | MONROE CNTY NY INDL DEV CORP CHRT SCH REVENUE                                                                                            | CUSIP: 61075YAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955802.40    | 0.11%             | 2057-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $400848.43    | 0.05%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                                                                                                     | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96412.12     | 0.01%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK Solid Waste Services Revenue                        | ANCHORAGE AK SOL WST SVCS REVENUE                                                                                                        | CUSIP: 033262AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4063790.40   | 0.46%             | 2062-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                                     | MONROE CNTY NY INDL DEV CORP REVENUE                                                                                                     | CUSIP: 61075TUG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $505878.89    | 0.06%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                                                                                                       | CUSIP: 199546DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10142170.00  | 1.16%             | 2044-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2110509.40   | 0.24%             | 2055-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45203HY48<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250229.98    | 0.03%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    560000 | PA      | $576362.14    | 0.07%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                                                                                                     | CUSIP: 71885FDK0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96453.83     | 0.01%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS30759   IRS USD R V 12MUSCPI IS30760 CCP INFLATION ZERO / Short: BS30759   IRS USD P F  2.45000 BS30759 CCP INFLATION ZERO       | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  14579000 | OU      | $159236.65    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647NT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070579.30   | 0.12%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1929248.40   | 0.22%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                       | UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE                                                                                         | CUSIP: 917467CR1<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    465000 | PA      | $480581.50    | 0.05%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                                                                                     | CUSIP: 151452CR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979274.90    | 0.11%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                                               | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                                         | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |  24716032 | NS      | $24716032.44  | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                                                                                                  | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888488.80    | 0.10%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2961483.56   | 0.34%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650005 | PA      | $616784.90    | 0.07%             | 2051-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675936A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2050150.80   | 0.23%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lees Summit Industrial Development Authority                                     | LEES SUMMIT MO INDL DEV AUTH SENIOR LIVING FACS REVENUE                                                                                  | CUSIP: 524292BH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $239450.59    | 0.03%             | 2056-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4568087.04   | 0.52%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP MF REVENUE                                                                                                              | CUSIP: 917434CS9<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    437981 | PA      | $360950.70    | 0.04%             | 2040-01-01      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042066.60   | 0.12%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN CORP SOL WST DISP REVENUE                                                                                    | CUSIP: 60527MBB4<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |    500000 | PA      | $340000.00    | 0.04%             | 2029-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $448058.80    | 0.05%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                                                                                                      | CUSIP: 15200XAL7<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515669.20    | 0.06%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 2510933S7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75735.96     | 0.01%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia Housing Authority/SC                                                    | COLUMBIA SC HSG AUTH MF HSG REVENUE                                                                                                      | CUSIP: 198409AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $287117.63    | 0.03%             | 2039-11-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140JY0<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107118.90   | 0.13%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                                                                                             | CUSIP: 63607YCV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1382697.94   | 0.16%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QZM7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     15000 | PA      | $8193.75      | 0.00%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946659.80    | 0.11%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TROUSDALE ISSUER LLC                                                             | Trousdale Issuer LLC                                                                                                                     | CUSIP: 897186AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160668 | PA      | $1918.70      | 0.00%             | 2025-12-31      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| GDB Debt Recovery Authority of Puerto Rico                                       | GDB DEBT RECOVERY AUTH OF CMWLTH PUERTO RICO                                                                                             | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     81254 | PA      | $78069.81     | 0.01%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                          | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                             | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $287081.60    | 0.03%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp                                          | NEW YORK CITY NY HLTH & HOSP CORP                                                                                                        | CUSIP: 649674GT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235000.00    | 0.03%             | 2026-02-15      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QXJ6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    150000 | PA      | $81937.50     | 0.01%             | 2018-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE                                                                                         | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1330052.72   | 0.15%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                              | CUSIP: 594698QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1594148.75   | 0.18%             | 2035-06-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AG68<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050334.90   | 0.12%             | 2045-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Vail CO                                                                  | VAIL CO COPS                                                                                                                             | CUSIP: 91878DAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031815.10   | 0.12%             | 2064-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 041807CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244122.33    | 0.03%             | 2062-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH ENVIRONMENTAL FACS REVE                                                                             | CUSIP: 92810RAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001251.60   | 0.23%             | 2052-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                                    | CUSIP: 575579Q83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5372348.47   | 0.61%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                                                                            | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $223125.00    | 0.03%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                                                                                                     | CUSIP: 38546WEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986538.50    | 0.11%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966200.90    | 0.11%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 8371516M6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004947.80   | 0.23%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                             | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $113330.81    | 0.01%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                                                                                 | CUSIP: 11861MBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $225217.00    | 0.03%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 593340AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1367799.23   | 0.16%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                        | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    867000 | PA      | $792364.04    | 0.09%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AES PUERTO RICO LP                                                               | AES PUERTO RICO LP                                                                                                                       | CUSIP: 00810HAA0<br>LEI: 54930031FSLPC1L9X341 | Long             | DBT              | CORP              | US        |      4219 | PA      | $4092.00      | 0.00%             | 2026-03-04      | Variable      | 11.50%                | No            |                  3 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037434.40   | 0.12%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QWE8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    625000 | PA      | $341406.25    | 0.04%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                           | CUSIP: 74447TAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    849000 | PA      | $577954.37    | 0.07%             | 2031-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA UNIVERSITY                                                              | Trustees of Columbia University in the City of New York/The                                                                              | CUSIP: 198643AD0<br>LEI: 54930058W39DHS3GTG15 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2859090.00   | 0.33%             | 2035-10-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                                                                                               | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021754.80   | 0.12%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS31RH4   IRS USD R F  4.17750 IS31RH4 CCPOIS / Short: SS31RH4   IRS USD P V 00MSOFR IS31RI5 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  16300000 | OU      | $458726.23    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| AES GUAYAMA HOLDINGS PFD                                                         | AES GUAYAMA HOLDINGS PFD                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5320 | NS      | $15481.20     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                                                                                    | CUSIP: 93878YED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1493043.27   | 0.17%             | 2060-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1205142.60   | 0.14%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                                                                                             | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992942.10    | 0.11%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UDY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $236443.86    | 0.03%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE                                                                                    | CUSIP: 837031F57<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    565000 | PA      | $566213.45    | 0.06%             | 2056-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $569443.90    | 0.06%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1984754 | PA      | $1806975.57   | 0.21%             | 2039-08-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505WN2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104233.14    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                              | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                                                                                             | CUSIP: 903768AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $106729.61    | 0.01%             | 2037-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                                                                                                 | CUSIP: 25483VZM9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047448.50   | 0.12%             | 2028-08-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 04062PCU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $197069.90    | 0.02%             | 2043-01-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    235416 | PA      | $219359.36    | 0.02%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                       | CUSIP: 19648FSV7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $834695.00    | 0.10%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PMQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    130000 | PA      | $133021.40    | 0.02%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                                     | CUSIP: 45471CCS5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   9825000 | PA      | $9809156.21   | 1.12%             | 2046-11-01      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN                                                                              | CUSIP: 88256HBG2<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060996.90   | 0.12%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                                                                                                   | CUSIP: 74443DHG9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968271.40    | 0.11%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                                                                                             | CUSIP: 424685BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1912172.20   | 0.22%             | 2057-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                         | CUSIP: 79739GTE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032087.80   | 0.12%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Washington OH                                                          | WASHINGTON CNTY OH HOSP REVENUE                                                                                                          | CUSIP: 938154DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257062.00    | 0.03%             | 2052-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                                                                            | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    400000 | PA      | $388548.00    | 0.04%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 45203LES8<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    955000 | PA      | $903404.41    | 0.10%             | 2038-11-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority  | CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS                                                                             | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000191.90   | 0.11%             | 2027-12-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                                                                                    | CUSIP: 68450LJN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1102301.75   | 0.13%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U7L9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269954.65    | 0.03%             | 2067-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469BK3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2975000 | PA      | $3024863.98   | 0.34%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    243608 | PA      | $189467.00    | 0.02%             | 2044-04-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                          | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030492.40   | 0.23%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                                     | CUSIP: 92242SAH6<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    380000 | PA      | $391784.52    | 0.04%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                                                                                            | CUSIP: 2322655Q7<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |    205000 | PA      | $194062.57    | 0.02%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                                                                                                  | CUSIP: 6460666J4<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99770.53     | 0.01%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469CD8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025742.10   | 0.12%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QYD8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     15000 | PA      | $8193.75      | 0.00%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                                                                                                | CUSIP: 679111F66<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1915224.46   | 0.22%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QYX4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     25000 | PA      | $13656.25     | 0.00%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARC70 II TRUST                                                                   | ARC70 II TR CA                                                                                                                           | CUSIP: 03880NAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $245867.79    | 0.03%             | 2059-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                             | CUSIP: 649519EY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1512756.20   | 0.17%             | 2043-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FBM8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2098407.40   | 0.24%             | 2053-01-01      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Baytown Municipal Development District                                           | BAYTOWN MUNI DEV DIST TX                                                                                                                 | CUSIP: 073201AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $311156.92    | 0.04%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087362.40   | 0.24%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                  | Long: BS33B45   CDS USD R V 03MEVENT IS33B56 CCPCDX / Short: BS33B45   CDS USD P F  5.00000 IS33B45 CCPCDX                               | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  11300000 | OU      | $-882602.01   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $636056.00    | 0.07%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QA77<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $54625.00     | 0.01%             | 2033-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBU7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    205000 | PA      | $137483.78    | 0.02%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ACQ9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    375000 | PA      | $324440.81    | 0.04%             | 2036-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 735389W38<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1529825.10   | 0.17%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of South Charleston WV                                                      | SOUTH CHARLESTON WV SPL DIST EXCISE TAX                                                                                                  | CUSIP: 837323AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $195008.30    | 0.02%             | 2042-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                                      | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |   2220000 | OU      | $140747.37    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                                                                                                         | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245718.33    | 0.03%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 3137H9JQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1144677 | PA      | $75957.46     | 0.01%             | 2036-09-25      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                                 | Fannie Mae Connecticut Avenue Securities                                                                                                 | CUSIP: 30711XBM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28154 | PA      | $28899.58     | 0.00%             | 2028-08-25      | Floating      | 11.21%                | No            |                  2 | On Loan: No      |
| County of Palm Beach FL Airport System Revenue                                   | PALM BEACH CNTY FL ARPT SYS REVENUE                                                                                                      | CUSIP: 696499FT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020827.10   | 0.12%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: IS31BI3   IRS USD R F   .00000 MMD 3.3 12182024 IS31BI3 / Short: IS31BI3   IRS USD P F   .00000 MUNIRATELOCK/10Y/T3750 IS31BJ4     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2000000 | OU      | $-29284.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                                                                                              | CUSIP: 45506EED1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $813400.00    | 0.09%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547GK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893557.60    | 0.10%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU                                                                             | CUSIP: 87638RKM8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    329119 | PA      | $267841.45    | 0.03%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153ER6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020556.40   | 0.12%             | 2045-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                                                                                                      | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997487.70    | 0.11%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                                                                                              | CUSIP: 64578EMS3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026323.30   | 0.12%             | 2033-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU                                                                             | CUSIP: 88255QAC3<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2420341.07   | 0.28%             | 2027-09-15      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD                                                                              | CUSIP: 592041A31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092389.00   | 0.12%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                   | MINNESOTA MUNI GAS AGY COMMODITY SPLY REVENUE                                                                                            | CUSIP: 60406UAM9<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012000.20   | 0.12%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505XC5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100621.29    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                                                                                             | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997786.00   | 0.23%             | 2039-09-01      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE                                                                                | CUSIP: 34077EAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999635.80    | 0.11%             | 2055-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                                                                                                 | CUSIP: 67884XCX3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961304.90    | 0.11%             | 2044-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                           | CUSIP: 795576MQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1970417.88   | 0.22%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS34063   IRS USD R V 00MSOFR IS34074 CCPOIS / Short: BS34063   IRS USD P F  3.83800 IS34063 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21500000 | OU      | $-10816.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                        | CUSIP: 74529JQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     12000 | PA      | $11240.04     | 0.00%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 13                                     | VLG FL CDD #13 SPL ASSMNT REVENUE                                                                                                        | CUSIP: 92708HAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $514646.44    | 0.06%             | 2039-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE                                                                                           | CUSIP: 645790LM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $283987.09    | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JCM3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    650000 | PA      | $521665.50    | 0.06%             | 2045-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QKW1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     85000 | PA      | $46431.25     | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PA88<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960134.30    | 0.11%             | 2053-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU                                                                             | CUSIP: 87638REK9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    552267 | PA      | $0.01         | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469DJ4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026933.90   | 0.12%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                        | CUSIP: 414009RU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2070831.11   | 0.24%             | 2049-07-01      | Floating      | 3.14%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                            | THE CHILDRENS TRUST FUND PR TOBACCO SETTLEMENT REVENUE                                                                                   | CUSIP: 16876QBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $135047.00    | 0.02%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH                                                                                                             | CUSIP: 48503SGQ6<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    150000 | PA      | $140754.30    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chillicothe OH                                                           | CHILLICOTHE OH HOSP FACS REVENUE                                                                                                         | CUSIP: 169203AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $170520.54    | 0.02%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                                                                         | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98969.00     | 0.01%             | 2026-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051002.30   | 0.12%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505RM0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2055015.40   | 0.23%             | 2046-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sterling Ranch Community Authority Board                                         | STERLING RANCH CMNTY AUTH BRD CO SUPPORTED REVENUE                                                                                       | CUSIP: 85950NAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516528.70    | 0.06%             | 2042-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    946901 | PA      | $38257.15     | 0.00%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                                                                                               | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017176.10   | 0.12%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116255.20   | 0.24%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| St Croix Chippewa Indians of Wisconsin                                           | ST CROIX CHIPPEWA INDIANS OF WISCONSIN                                                                                                   | CUSIP: 788400AA7<br>LEI: 5493006ZQ04VD450FS17 | Long             | DBT              | MUN               | US        |    200000 | PA      | $171542.04    | 0.02%             | 2041-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA Inc                                                                         | PEFA INC IA GAS PROJ REVENUE                                                                                                             | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010451.20   | 0.12%             | 2049-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    767828 | PA      | $420385.82    | 0.05%             | 2051-11-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP MF REVENUE                                                                                                          | CUSIP: 491312ES9<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97325.93     | 0.01%             | 2040-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2429400 | PA      | $1530521.94   | 0.17%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                                | CUSIP: 12574WAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $129909.74    | 0.01%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                                                                                                       | CUSIP: 432308W91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034006.00   | 0.12%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                                                                                                          | CUSIP: 64577XEW2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097426.40   | 0.12%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                                  | ONONDAGA NY CIVIC DEV CORP                                                                                                               | CUSIP: 682832LL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053213.00   | 0.12%             | 2056-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PYS8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $161138.22    | 0.02%             | 2052-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                                                                                   | CUSIP: 939783ZB5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $850694.40    | 0.10%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063776.30   | 0.12%             | 2053-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PB61<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125619.60   | 0.13%             | 2038-11-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447TH97<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    865000 | PA      | $806982.20    | 0.09%             | 2039-06-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HGR EDU FACS REVENUE                                                                                                  | CUSIP: 74445FAH7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1223827.76   | 0.14%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PMN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100164.14    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                         | CUSIP: 37828AAG4<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902019.30    | 0.10%             | 2030-07-01      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH HOSP REVENUE                                                                                           | CUSIP: 69651ACT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517320.80   | 0.17%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                       | CUSIP: 19648FTD6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    100000 | PA      | $86961.21     | 0.01%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                                                                                             | CUSIP: 14052WDN4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $909178.70    | 0.10%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2ZLG4   IRS USD R V 00MSOFR IS2ZLH5 CCPOIS / Short: BS2ZLG4   IRS USD P F  3.31400 IS2ZLG4 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   6120000 | OU      | $283065.63    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Western Regional Off-Track Betting Corp                                          | WESTERN REGL OFF-TRACK BETTING CORP REVENUE                                                                                              | CUSIP: 959321AB6<br>LEI: 549300OJK9LIIXQUYY95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84750.84     | 0.01%             | 2041-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                              | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1484256.18   | 0.17%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE                                                                               | CUSIP: 647377AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $842554.50    | 0.10%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                                                                                                 | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948840.20    | 0.11%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                                          | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                                                                                                    | CUSIP: 437887HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $246288.95    | 0.03%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBT0<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    115000 | PA      | $81648.42     | 0.01%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                                    | CUSIP: 5755792J5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1551097.20   | 0.18%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    820000 | PA      | $447925.00    | 0.05%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                                                                                              | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180185.87    | 0.02%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                                     | ANCHORAGE AK PORT REVENUE                                                                                                                | CUSIP: 033252CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $854633.80    | 0.10%             | 2060-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 4                                        | ST VRAIN LAKES MET DIST NO 4                                                                                                             | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $674474.60    | 0.08%             | 2054-09-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149994.20    | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QPL0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005841.90   | 0.11%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE                                                                                | CUSIP: 83704DAM8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    300000 | PA      | $33000.00     | 0.00%             | 2051-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                                                                                                  | CUSIP: 45471FAX9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $935916.10    | 0.11%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                                  | CUSIP: 45203PAC8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998909.80    | 0.11%             | 2043-12-01      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $775835.70    | 0.09%             | 2056-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TAW7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987097.60    | 0.11%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                                                                                                     | CUSIP: 759874BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1391627.51   | 0.16%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204FYL3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1621912.49   | 0.18%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp                                      | BRAZORIA CNTY TX INDL DEV CORP SOLID WST DISP FACS REVENUE                                                                               | CUSIP: 10604PAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    468684 | PA      | $351513.23    | 0.04%             | 2042-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QZZ8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     50000 | PA      | $27312.50     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | California Housing Finance Agency                                                                                                        | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    941663 | PA      | $42635.01     | 0.00%             | 2036-08-20      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 0418063B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499200.35    | 0.06%             | 2056-06-15      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2099537.40   | 0.24%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                                                                                     | CUSIP: 62620HGR7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979231.40    | 0.11%             | 2064-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                         | CUSIP: 74447DAG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013216.10   | 0.12%             | 2062-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Point Phase 1 Public Infrastructure District No 1                                | POINT PHASE 1 PUB INFRASTRUCTURE DIST #1 UT TAX ASSMNT & GEN                                                                             | CUSIP: 73058EAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974938.20    | 0.11%             | 2055-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                                                                                                   | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003546.20   | 0.11%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                           | Long: IS34085   IRS USD R F   .00000 IS34085/MMD 3.84 04222025 / Short: IS34085   IRS USD P F   .00000 IS34096/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |   1500000 | OU      | $37344.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 70917TRR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $887622.60    | 0.10%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS31F25   IRS USD R F  4.09150 IS31F25 CCPOIS / Short: SS31F25   IRS USD P V 00MSOFR IS31F36 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7900000 | OU      | $168011.36    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                          | CUSIP: 74442CEF7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1179153.69   | 0.13%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charleston County Airport District                                               | CHARLESTON CNTY SC ARPT DIST ARPT SYS REVENUE                                                                                            | CUSIP: 160070EG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1632639.84   | 0.19%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH                                                                                                                    | CUSIP: 921626PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2065870.40   | 0.24%             | 2038-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                                                                                                  | CUSIP: 97689RER1<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84644.84     | 0.01%             | 2040-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                                                                                 | CUSIP: 63607DAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1999403 | PA      | $1994573.42   | 0.23%             | 2041-06-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE                                                                                 | CUSIP: 79574CFR9<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2071469.40   | 0.24%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447TM26<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $91305.30     | 0.01%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Sanitation District                                                | HAMPTON ROADS VA SANTN DIST WSTWTR REVENUE                                                                                               | CUSIP: 409327MW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043011.80   | 0.23%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE                                                                             | CUSIP: 54628CAQ5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    675000 | PA      | $682100.06    | 0.08%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                                                                                  | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $174893.80    | 0.02%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Columbia Housing Authority/SC                                                    | COLUMBIA SC HSG AUTH MF HSG REVENUE                                                                                                      | CUSIP: 198409AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $92995.44     | 0.01%             | 2039-11-01      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE                                                                                              | CUSIP: 92778FLD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1617621.00   | 0.18%             | 2040-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Lake FL                                                                | LAKE CNTY FLA RETMNT FAC REVENUE                                                                                                         | CUSIP: 50826FAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $179228.92    | 0.02%             | 2055-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                                                                                                 | CUSIP: 523470HY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003383.70   | 0.11%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Colby KS                                                                 | COLBY KS HOSP LOAN ANTICIPATION REV                                                                                                      | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002625.70   | 0.11%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                                                                         | CUSIP: 57582TCM2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2071574.60   | 0.24%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JCS3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2111924.00   | 0.24%             | 2054-05-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL Airport System Revenue                                   | PALM BEACH CNTY FL ARPT SYS REVENUE                                                                                                      | CUSIP: 696499FU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1116893.25   | 0.13%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $704255.20    | 0.08%             | 2056-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JKP7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2521286.00   | 0.29%             | 2054-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                                   | CUSIP: 837032BV2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $897702.90    | 0.10%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS30FB1   IRS USD R F  2.53125 IS30FB1 CCPINFLATIONZERO / Short: SS30FB1   IRS USD P V 12MUSCPI IS30FC2 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  22410000 | OU      | $-140029.78   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999334.50    | 0.11%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                            | CUSIP: 49126KKC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425940.14    | 0.05%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3222229.89   | 0.37%             | 2050-03-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                                                                                                        | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018270.90   | 0.12%             | 2045-11-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG FIN AUTH MF HSG REVENUE                                                                                                  | CUSIP: 19647PDX8<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008143.10   | 0.11%             | 2044-07-01      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 1                                | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #1 HOSP REVENUE                                                                                    | CUSIP: 389526AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107399.15    | 0.01%             | 2053-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| County of Montgomery OH                                                          | MONTGOMERY CNTY OH SENIOR LIVING REVENUE                                                                                                 | CUSIP: 613554AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80334 | PA      | $1004.18      | 0.00%             | 2049-04-01      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    137877 | PA      | $138912.93    | 0.02%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Industrial Development Authority                                | PORT BEAUMONT TX INDL DEV AUTH                                                                                                           | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1657178.63   | 0.19%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                                                                                                         | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    162153 | PA      | $156003.76    | 0.02%             | 2033-05-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| University of Toledo                                                             | UNIV OF TOLEDO OH                                                                                                                        | CUSIP: 915138PR6<br>LEI: 549300530V11GF5PZA78 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2250782.18   | 0.26%             | 2036-06-01      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 70917TRU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2534370.75   | 0.29%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                              | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $975728.40    | 0.11%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Reno NV                                                                  | RENO NV SALES TAX REVENUE                                                                                                                | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $220755.75    | 0.03%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $641070.20    | 0.07%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE                                                                               | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2793075.22   | 0.32%             | 2055-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 041807CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195230.62    | 0.02%             | 2052-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEP9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4011378.75   | 0.46%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    147000 | PA      | $83391.28     | 0.01%             | 2044-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QXP2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     40000 | PA      | $21850.00     | 0.00%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                 | PORT OF GTR CINCINNATI DEV AUTH OH EDU REVENUE                                                                                           | CUSIP: 73421LAA9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98580.16     | 0.01%             | 2056-06-15      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QZY1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    110000 | PA      | $60087.50     | 0.01%             | 2042-07-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority/OH                                               | JEFFERSON CNTY OH PORT AUTH ECECON DEV REVENUE                                                                                           | CUSIP: 473318AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $717458.20    | 0.08%             | 2051-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                                                                                                           | CUSIP: 74442EMR8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969452.90    | 0.11%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                      | CUSIP: 13048VF37<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023722.50   | 0.12%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                         | CUSIP: 74447DAD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922606.20    | 0.11%             | 2062-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                       | CUSIP: 19648FTH7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    100000 | PA      | $70508.28     | 0.01%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                                                                            | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $225736.80    | 0.03%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH SENIOR LIVING REVENUE                                                                                           | CUSIP: 04052TDL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1159589.28   | 0.13%             | 2055-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926880.60    | 0.11%             | 2054-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250BR4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    600000 | PA      | $588912.18    | 0.07%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS34PD5   IRS USD R F  3.77200 IS34PD5 CCPOIS / Short: SS34PD5   IRS USD P V 00MSOFR IS34PE6 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  14900000 | OU      | $73368.04     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | DENVER CITY & CNTY CO SPL FACS ARPT REVENUE                                                                                              | CUSIP: 249271GV3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    615000 | PA      | $614958.30    | 0.07%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952871.30    | 0.11%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 3137HFP74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    990722 | PA      | $935643.04    | 0.11%             | 2041-05-25      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund                                     | Nuveen AMT-Free Municipal Credit Income Fund                                                                                             | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.25%             | 2029-03-01      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| City of Overland Park KS Sales Tax Revenue                                       | OVERLAND PARK KS SALES TAX SPL OBLIG REVENUE                                                                                             | CUSIP: 69030SAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $310452.39    | 0.04%             | 2042-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                             | CUSIP: 928104PX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $808341.60    | 0.09%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALIGN CAPITAL SER 2025-1                                                         | Align Capital Series Trust 2025-1                                                                                                        | CUSIP: 01632JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988818.00    | 0.11%             | 2052-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Board of Managers Joint Guadalupe County-City of Seguin Hospital                 | BRD OF MANAGERS TX JT GUADALUPE CNTY-CITY OF SEGUIN HOSP MTG                                                                             | CUSIP: 09659MAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937300.70    | 0.11%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                                                                                            | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049702.00   | 0.12%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3765000 | PA      | $3960208.85   | 0.45%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FREDDIE MAC STRUCTURED PASS THROUGH CERT                                                                                                 | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    991328 | PA      | $998525.66    | 0.11%             | 2040-10-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                                                                    | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98578.00     | 0.01%             | 2030-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $624888.30    | 0.07%             | 2056-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS32SX0   IRS USD R F   .00000 IS32SX0/MMD 3.35 03112025 / Short: IS32SX0   IRS USD P F   .00000 IS32SY1/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   1500000 | OU      | $-28911.90    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PQ24<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026636.90   | 0.12%             | 2045-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $966131.61    | 0.11%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YMCA OF GREATER NY                                                               | YMCA of Greater New York                                                                                                                 | CUSIP: 98425BAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $973140.00    | 0.11%             | 2026-08-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153KA6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018473.90   | 0.12%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                                                                                     | CUSIP: 151452CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000331.50   | 0.11%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                                     | CUSIP: 45471CBP2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105055.04    | 0.01%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250EB6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    640000 | PA      | $645552.96    | 0.07%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ADQ8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1993305 | PA      | $1987771.72   | 0.23%             | 2041-08-25      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647PD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988187.50    | 0.11%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE                                                                                           | CUSIP: 14043FAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $538669.67    | 0.06%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                                     | CUSIP: 92242SBE2<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    100000 | PA      | $94846.75     | 0.01%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                                                                                                          | CUSIP: 65830RBL2<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510512.55    | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH SENIOR LIVING REVENUE                                                                                         | CUSIP: 72178AAJ1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258094.05    | 0.03%             | 2057-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS349I8   IRS USD R V 00MSOFR IS349J9 CCPOIS / Short: BS349I8   IRS USD P F  3.77050 IS349I8 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  10500000 | OU      | $50710.27     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF HSG REVENUE                                                                                                        | CUSIP: 74441XHQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $460314.05    | 0.05%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                                                                                    | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996360.70    | 0.11%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                                                                                                | CUSIP: 696507VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $155135.32    | 0.02%             | 2056-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS309H5   IRS USD R V 12MUSCPI IS309I6 CCPINFLATIONZERO / Short: BS309H5   IRS USD P F  2.51600 IS309H5 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  14592000 | OU      | $114525.31    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Point Phase 1 Public Infrastructure District No 1                                | POINT PHASE 1 PUB INFRASTRUCTURE DIST #1 UT TAX ASSMNT & GEN                                                                             | CUSIP: 73058EAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1655913.39   | 0.19%             | 2045-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                                                                                             | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042199.40   | 0.12%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PD36<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091053.60   | 0.12%             | 2059-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Abilene Convention Center Hotel Development Corp                                 | ABILENE TX CONVENTION CENTER HOTEL DEV CORP HOTEL REVENUE                                                                                | CUSIP: 00344PAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $183519.23    | 0.02%             | 2050-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                                                                             | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102100.00    | 0.01%             | 2030-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                              | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933536.70    | 0.11%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                                                                                               | CUSIP: 4387012C7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $676495.60    | 0.08%             | 2045-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                                          | Long: IS34RH3   IRS USD R F   .00000 IS34RH3/MMD. 3.69 06032025 / Short: IS34RH3   IRS USD P F   .00000 IS34RI4/MUNIRATELOCK/10Y/T3750   | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              |  | US        |   1000000 | OU      | $6889.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                                                                                              | CUSIP: 64763HMG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065106.30   | 0.12%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Overland Park KS Sales Tax Revenue                                       | OVERLAND PARK KS SALES TAX SPL OBLIG REVENUE                                                                                             | CUSIP: 69030SAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104205.00    | 0.01%             | 2034-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                                                                      | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99739.00     | 0.01%             | 2025-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS35550   IRS USD R F   .00000 IS35550/MMD 3.57 20260625 / Short: IS35550   IRS USD P F   .00000 IS35561/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   2000000 | OU      | $-12781.40    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                                                                                            | CUSIP: 57420VSP9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039255.40   | 0.12%             | 2058-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                               | Pittsburgh Water & Sewer Authority                                                                                                       | CUSIP: 725304XD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2421189.00   | 0.28%             | 2040-09-01      | Floating      | 3.83%                 | No            |                  2 | On Loan: No      |
| Gainesville & Hall County Hospital Authority                                     | GAINESVILLE & HALL CNTY GA HOSP AUTH                                                                                                     | CUSIP: 362762RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108017.10   | 0.13%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH POLL CONTROL REVENUE                                                                                                 | CUSIP: 45505VAE6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    165000 | PA      | $154956.83    | 0.02%             | 2030-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675935Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2048349.40   | 0.23%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505WP7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102386.76    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1918829 | PA      | $1853385.32   | 0.21%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| County of Marion OH                                                              | MARION CNTY OH HLTH CARE FAC REVENUE                                                                                                     | CUSIP: 569120AW8<br>LEI: 549300Y83A05IEINZY87 | Long             | DBT              | MUN               | US        |    100000 | PA      | $71616.42     | 0.01%             | 2049-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    946901 | PA      | $939452.91    | 0.11%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| County of Washington OH                                                          | WASHINGTON CNTY OH HOSP REVENUE                                                                                                          | CUSIP: 938154DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028375.00   | 0.12%             | 2042-12-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH MF HSG REVENUE                                                                                           | CUSIP: 45506CBA4<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $824604.90    | 0.09%             | 2041-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960597 | PA      | $18731.07     | 0.00%             | 2036-09-20      | Variable      | 0.33%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                      | KENTON CNTY KY ARPT BRD                                                                                                                  | CUSIP: 491026WJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001614.00   | 0.34%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Align Affordable Housing Bond Fund LP                                            | ALIGN CAP SER 2022-1 TRUST VIRGINIA                                                                                                      | CUSIP: 01630QAA6<br>LEI: 549300B2I0LUTCXK9B86 | Long             | DBT              | MUN               | US        |    500000 | PA      | $450217.45    | 0.05%             | 2052-08-01      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS34NJ7   IRS USD R F  3.78900 IS34NJ7 CCPOIS / Short: SS34NJ7   IRS USD P V 00MSOFR IS34NK8 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   9400000 | OU      | $55608.34     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1987937 | PA      | $1815278.10   | 0.21%             | 2051-10-20      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PTM7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $69549.93     | 0.01%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                                                                            | CUSIP: 172967PC9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1039400.00   | 0.12%             | 2028-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Wohali Public Infrastructure District No 1                                       | WOHALI PUB INFRASTRUCTURE DISTNO 1 UTAH SPL ASSMNT REV                                                                                   | CUSIP: 929335AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203660.26    | 0.02%             | 2042-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                              | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021500.90   | 0.12%             | 2062-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151PS2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265229.33    | 0.03%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                                                                                                          | CUSIP: 451295ZZ5<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.11%             | 2048-03-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $743356.40    | 0.08%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                                                                                                  | CUSIP: 97689REQ3<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    460000 | PA      | $386630.55    | 0.04%             | 2039-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $145351.14    | 0.02%             | 2056-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                                                                                            | CUSIP: 254842BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $137955.45    | 0.02%             | 2055-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                  | LOUISIANA ST GAS & FUELS TAX REVENUE                                                                                                     | CUSIP: 546475VU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $962726.46    | 0.11%             | 2043-05-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund                                    | NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                                                                                            | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.06%             | 2029-03-01      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| Michigan Tobacco Settlement Finance Authority                                    | MICHIGAN ST TOBACCO SETTLEMENT FIN AUTH                                                                                                  | CUSIP: 594751AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $261410.00    | 0.03%             | 2058-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TCT2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3542236.98   | 0.40%             | 2049-06-01      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505RP3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033714.70   | 0.12%             | 2042-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57585BMW5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001949.20   | 0.11%             | 2060-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE                                                                                    | CUSIP: 837031D91<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    410000 | PA      | $282499.55    | 0.03%             | 2052-06-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QVA7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    125000 | PA      | $68281.25     | 0.01%             | 2024-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $251682.06    | 0.03%             | 2044-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Housing Finance Authority                                            | PUERTO RICO HSG FIN AUTH MF HSG COLLATERALIZED REVENUE                                                                                   | CUSIP: 74528CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022057.40   | 0.23%             | 2027-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                       | CUSIP: 87638TJN4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059263.90   | 0.12%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JED1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    100000 | PA      | $77536.56     | 0.01%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055444.00   | 0.12%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PMS1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103876.64    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                                              | Long: IS302D2   IRS USD R F   .00000 IS302D2/R F MMD. 3.24 102224 / Short: IS302D2   IRS USD P F   .00000 IS302E3/MUNIRATELOCK/10Y/T3750 | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              |  | US        |   2000000 | OU      | $-25787.22    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $559133.10    | 0.06%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP HGR EDU FAC REVENUE                                                                             | CUSIP: 762197CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.03%             | 2035-06-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE                                                                                    | CUSIP: 852297DJ6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    100000 | PA      | $47000.00     | 0.01%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                                             | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                                                                                              | CUSIP: 88880LAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2446398.60   | 0.28%             | 2040-06-01      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 646136EW7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1475388.00   | 0.17%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                                                                                                | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1399255.52   | 0.16%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                          | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2766123.79   | 0.32%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH DOCK & WHARF FAC REVENUE                                                                                     | CUSIP: 64578TAB0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016652.20   | 0.12%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Colorado High Performance Transportation Enterprise                              | CO HIGH PERFORMANCE TRANSPRTN ENTERPRISE REVENUE                                                                                         | CUSIP: 19648DAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922300.90    | 0.11%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $111732.32    | 0.01%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Taney County Industrial Development Authority                                    | TANEY CNTY MO INDL DEV AUTH SALES TAX REVENUE                                                                                            | CUSIP: 87539QAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $94322.30     | 0.01%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE                                                                                        | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872951.70    | 0.10%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                                                                                             | CUSIP: 40064RFK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1359195.37   | 0.15%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority                                                                                                     | CUSIP: 89602HEW3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999395.00   | 0.23%             | 2026-04-01      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3226310.30   | 0.37%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS35HH6   IRS USD R F   .00000 MMD 2.93 20260713 IS35HH6 / Short: IS35HH6   IRS USD P F   .00000 IS35HI7 MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   1500000 | OU      | $2364.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $638145.20    | 0.07%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                                                                                             | CUSIP: 34061ULM8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927993.60    | 0.11%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                                                                                     | CUSIP: 04052BQW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $764328.70    | 0.09%             | 2061-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pinellas County Industrial Development Authority                                 | PINELLAS CNTY FL INDL DEV AUTH INDL DEV REVENUE                                                                                          | CUSIP: 72316VAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958810.30    | 0.11%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182LC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052540.30   | 0.12%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                                 | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 12574VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $634980.10    | 0.07%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                                                                                                    | CUSIP: 67756UBB3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1179475.00   | 0.13%             | 2049-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                                                                                            | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   3820000 | PA      | $4035748.63   | 0.46%             | 2054-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    196419 | PA      | $194367.62    | 0.02%             | 2034-01-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                            | CUSIP: 49126PGD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $147760.03    | 0.02%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fayetteville State University                                                    | FAYETTEVILLE NC ST UNIV                                                                                                                  | CUSIP: 312810FM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1086730.72   | 0.12%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH HLTH CARE REVENUE                                                                                          | CUSIP: 49126TAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $52738.51     | 0.01%             | 2042-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140GC1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026224.60   | 0.12%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI RETIREMENT SYS FUNDING TRUST 2005 COPS                                                                                        | CUSIP: 25113PAM7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    648855 | PA      | $681297.75    | 0.08%             | 2049-06-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QA28<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $54625.00     | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sparks NV                                                                | SPARKS NV TOURISM IMPT DIST #1 REVENUE                                                                                                   | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $142255.05    | 0.02%             | 2028-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust V                                                | NEW YORK CNTYS NY TOBACCO TRUST V                                                                                                        | CUSIP: 649441AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $48972.74     | 0.01%             | 2050-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                                                                            | CUSIP: 452252FH7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064877.00   | 0.12%             | 2034-01-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                                    | CUSIP: 575579W29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035332.70   | 0.12%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV                                                                             | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10554238.00  | 1.20%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                               | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1988859.80   | 0.23%             | 2049-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HLTHCARE SYS REVENUE                                                                                                  | CUSIP: 74447GAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3255000 | PA      | $3255000.00   | 0.37%             | 2055-10-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| City of Quincy MA                                                                | QUINCY MA                                                                                                                                | CUSIP: 748508Y93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023850.90   | 0.12%             | 2026-07-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS LEASE REVENUE                                                                                       | CUSIP: 34062FAB6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003359.00   | 0.11%             | 2047-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                             | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102473.40   | 0.13%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority Sports Entertainment Facilities Revenue               | MARYLAND STADIUM AUTH SPORTS ENTERTAINMENT FACS REV                                                                                      | CUSIP: 57430ABP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1782967.20   | 0.20%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: IS33A04   IRS USD R F   .00000 MMD 3.64 03252025 A IS33A04 / Short: IS33A04   IRS USD P F   .00000 IS33A15 MUNIRATELOCK/10Y/T3750  | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3000000 | OU      | $23440.41     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Palm Beach County Educational Facilities Authority                               | PALM BEACH CNTY FL EDUCTNL FACS AUTH                                                                                                     | CUSIP: 696506AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $851133.80    | 0.10%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1395415.27   | 0.16%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                                  | CUSIP: 13080SM84<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006865.60   | 0.11%             | 2057-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                                  | CUSIP: 45203PAA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957842.90    | 0.11%             | 2043-12-01      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Greenville Housing Authority/SC                                                  | GREENVILLE SC HSG AUTH RSDL DEV REVENUE                                                                                                  | CUSIP: 396484AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $865030.40    | 0.10%             | 2063-05-01      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ADR6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1297078 | PA      | $1264428.40   | 0.14%             | 2042-11-25      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PZR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27315.39     | 0.00%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE                                                                                           | CUSIP: 9277816F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $765594.40    | 0.09%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE                                                                                       | CUSIP: 71780CAZ3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946020.50    | 0.11%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Gallatin MT                                                            | GALLATIN CNTY MT INDL DEV REVENUE                                                                                                        | CUSIP: 363671BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $746149.40    | 0.08%             | 2055-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Monongalia WV                                                          | MONONGALIA CNTY WV COMMISSION TX INCR REVENUE                                                                                            | CUSIP: 61022DAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $900584.61    | 0.10%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                                                                                                | CUSIP: 696507VM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $138331.13    | 0.02%             | 2027-07-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $906617.20    | 0.10%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEWATER CASTLE ROCK                                                          | Bridgewater Castle Rock ALF LLC                                                                                                          | CUSIP: 108623AA7<br>LEI: N/A                  | Long             | DBT              |  | US        |     60000 | PA      | $60000.00     | 0.01%             | 2025-09-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                              | CUSIP: 13054WBA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1307099.00   | 0.15%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1309033.15   | 0.15%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $665786.40    | 0.08%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                                                                                                  | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2390495.25   | 0.27%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532JJ4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2366344.50   | 0.27%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH SENIOR LIVING REVENUE                                                                                         | CUSIP: 72178AAG7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261302.43    | 0.03%             | 2042-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Knox County Industrial Development Board                                         | KNOX CNTY TN INDL DEV BRD SOL WST DISPOSAL REVENUE                                                                                       | CUSIP: 499534AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $396180.37    | 0.05%             | 2052-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS31H41   IRS USD R F  4.05650 IS31H41 CCPOIS / Short: SS31H41   IRS USD P V 00MSOFR IS31H52 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   9140000 | OU      | $187628.14    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7479313 | PA      | $4646523.20   | 0.53%             | 2043-11-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                                                                                                      | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $849639.20    | 0.10%             | 2048-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505PT7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999999.70    | 0.11%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                             | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                             | CUSIP: 11023PAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $105276.26    | 0.01%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1023207.95   | 0.12%             | 2058-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND ST STADIUM AUTH REVENUE                                                                                                         | CUSIP: 574296CR8<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2246066.24   | 0.26%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $764917.70    | 0.09%             | 2059-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2651187.00   | 0.30%             | 2054-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002488.90   | 0.11%             | 2045-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                         | Nuveen California AMT-Free Quality Municipal Income Fund                                                                                 | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.11%             | 2047-10-01      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                              | CUSIP: 13058TQB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912914.70    | 0.10%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                                                                                                           | CUSIP: 91514AJV8<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $3030961.03   | 0.35%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DGC0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012631.00   | 0.23%             | 2053-12-01      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JEE9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $709514.50    | 0.08%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                       | UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE                                                                                         | CUSIP: 917467CJ9<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955446.20    | 0.11%             | 2046-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101079.23    | 0.01%             | 2033-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153KD0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $867977.80    | 0.10%             | 2046-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                                 | LOS ANGELES CA WSTWTR SYS REVENUE                                                                                                        | CUSIP: 53945CMD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6225000 | PA      | $6309641.33   | 0.72%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                            | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                             | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     32810 | PA      | $3.28         | 0.00%             | 2029-12-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF91<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984498.00    | 0.11%             | 2038-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                               | MIAMI-DADE CNTY FL INDL DEV AUTH EDUCTNL FACS REVENUE                                                                                    | CUSIP: 59334GAN7<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $876034.50    | 0.10%             | 2061-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE                                                                                    | CUSIP: 43233KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1714914.20   | 0.20%             | 2051-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $194134.45    | 0.02%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | MET GOVT NASHVILLE & DAVIDSON CNTY TN WTR & SWR REVENUE                                                                                  | CUSIP: 5920983Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2536870.75   | 0.29%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHLEASE REVENUE                                                                                               | CUSIP: 54639TCV2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1283676.46   | 0.15%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE                                                                                          | CUSIP: 57422JBZ0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943831.10    | 0.11%             | 2052-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Charlotte/The                                    | UNIV OF NORTH CAROLINA NC AT CHARLOTTE                                                                                                   | CUSIP: 914716W92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $672894.30    | 0.08%             | 2045-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054161.90   | 0.12%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104432.45    | 0.01%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                                                                                              | CUSIP: 25477GYN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6545000 | PA      | $6628694.19   | 0.75%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS34966   IRS USD R F   .00000 IS34966/MMD 3.66 05052025 / Short: IS34966   IRS USD P F   .00000 IS34977/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   1500000 | OU      | $9558.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                                                                                     | CUSIP: 64990CPZ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973080.20    | 0.11%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilson County Health & Educational Facilities Board                              | WILSON CNTY TN HLTH & EDUCTNL FACS BRD MF REVENUE                                                                                        | CUSIP: 972178AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $150468.20    | 0.02%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                                                                                            | CUSIP: 52349EEK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $423998.35    | 0.05%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE                                                                                | CUSIP: 61022CAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $104155.72    | 0.01%             | 2053-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QYC0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $54625.00     | 0.01%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                                                                                           | CUSIP: 875146BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $205726.00    | 0.02%             | 2053-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBS2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    170000 | PA      | $132721.64    | 0.02%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Brooklyn Park MN                                                         | BROOKLYN PARK MN MF HSG REVENUE                                                                                                          | CUSIP: 11423TAC6<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944329.50    | 0.11%             | 2041-07-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                           | CUSIP: 795576FX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985577.60   | 0.23%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP AIR CARGO REVENUE                                                                                              | CUSIP: 57420MAT0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    600000 | PA      | $500708.94    | 0.06%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH SOL WST DISP FAC REVENU                                                                             | CUSIP: 928106AR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $424000.00    | 0.05%             | 2029-06-01      | Floating      | 8.53%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                           | CUSIP: 745160TV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1939905.80   | 0.22%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                         | HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE                                                                                             | CUSIP: 44237NHR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160242.22    | 0.02%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3154949.40   | 0.36%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                                     | CUSIP: 13034AR28<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    975000 | PA      | $66817.63     | 0.01%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                  | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE                                                                             | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2104899.80   | 0.24%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                 | SAINT JOHN THE BAPTIST PARISH LA REVENUE                                                                                                 | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005312.20   | 0.11%             | 2037-06-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                                                                                                          | CUSIP: 65830RDE6<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $237652.30    | 0.03%             | 2053-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HAL1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    500000 | PA      | $385435.70    | 0.04%             | 2040-05-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                                                                                         | CUSIP: 13057GAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1077390.58   | 0.12%             | 2055-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                             | CUSIP: 74528KAA1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |     31717 | PA      | $31539.51     | 0.00%             | 2027-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                               | CUSIP: 010869MM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $234205.50    | 0.03%             | 2053-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2Z8K7   IRS USD R V 00MSOFR IS2Z8L8 CCPOIS / Short: BS2Z8K7   IRS USD P F  3.18680 IS2Z8K7 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3000000 | OU      | $173324.35    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE                                                                                          | CUSIP: 57422JBY3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2008936.22   | 0.23%             | 2047-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Orangeburg County School District                                                | ORANGEBURG CNTY SCH DIST                                                                                                                 | CUSIP: 685363AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534992.00   | 0.17%             | 2026-08-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 04062PCT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $916941.00    | 0.10%             | 2043-01-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647NG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10242175.00  | 1.17%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                                                                         | CUSIP: 57582TCE0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10071969.00  | 1.15%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                       | DELAWARE VLY PA REGL FIN AUTH                                                                                                            | CUSIP: 246579LZ7<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.05%             | 2059-09-01      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                                                                                              | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195184.70    | 0.02%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JCL5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    765000 | PA      | $655254.78    | 0.07%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $516343.84    | 0.06%             | 2058-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                              | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19320000 | PA      | $1848723.07   | 0.21%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP REVENUE                                                                                                         | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450062.91    | 0.05%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN MF HSG REVENUE                                                                                                             | CUSIP: 920286AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $128495.52    | 0.01%             | 2041-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                             | CUSIP: 74528KAB9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    241902 | PA      | $240415.42    | 0.03%             | 2028-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                                                                                              | CUSIP: 56678PCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011769.20   | 0.12%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE                                                                              | CUSIP: 603827Q41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009557.50   | 0.11%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF HSG REVENUE                                                                                                        | CUSIP: 74441XHR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    375000 | PA      | $312466.05    | 0.04%             | 2046-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                                   | CUSIP: 837032CD1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030431.40   | 0.12%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                                                                                                       | CUSIP: 59335KER4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061242.50   | 0.12%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                               | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99194.99     | 0.01%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                                                                                            | CUSIP: 254842BE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $82003.80     | 0.01%             | 2055-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Redtail Ridge Metropolitan District                                              | REDTAIL RIDGE MET DIST CO                                                                                                                | CUSIP: 75773CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $596418.60    | 0.07%             | 2032-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 45203LDS9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100128.23    | 0.01%             | 2038-11-01      | Fixed         | 7.17%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | NEVADA DEPT OF BUSINESS & INDUSTRY NV REVENUE                                                                                            | CUSIP: 641455AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1019520.95   | 0.12%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    550000 | PA      | $560607.25    | 0.06%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD                                                                              | CUSIP: 592041WF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $216204.99    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UFZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $71096.52     | 0.01%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                              | GULFPORT MS HOSP FAC REVENUE                                                                                                             | CUSIP: 402682CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076515.80   | 0.12%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QYY2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    150000 | PA      | $81937.50     | 0.01%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                                                                                              | CUSIP: 419794L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989141.20    | 0.11%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005919.20   | 0.23%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE                                                                             | CUSIP: 64542PGP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $895091.90    | 0.10%             | 2045-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE                                                                                    | CUSIP: 852297DH0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    225000 | PA      | $105750.00    | 0.01%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                                     | TSASC INC NY                                                                                                                             | CUSIP: 898526FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $257982.45    | 0.03%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Municipal Energy Acquisition Authority                                | NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH GAS SPLY                                                                                      | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061247.60   | 0.12%             | 2054-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE                                                                                  | CUSIP: 64972HR46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $914978.49    | 0.10%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Industrial Development Board                                         | KNOX CNTY TN INDL DEV BRD SOL WST DISPOSAL REVENUE                                                                                       | CUSIP: 499534AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195065.22    | 0.02%             | 2042-11-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452152GS4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    178571 | PA      | $193176.85    | 0.02%             | 2035-07-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI Sewage Disposal System Revenue                                | DETROIT MI SWR DISP SYS REVENUE                                                                                                          | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990758.60    | 0.11%             | 2032-07-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Augusta Development Authority                                                    | AUGUSTA GA DEV AUTH REVENUE                                                                                                              | CUSIP: 05115CAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1119465.80   | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647NS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3697650.21   | 0.42%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                        | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2111000 | PA      | $652925.97    | 0.07%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS32T37   IRS USD R F   .00000 IS32T37/MMD 3.35 03112025 / Short: IS32T37   IRS USD P F   .00000 IS32T48/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   1500000 | OU      | $-28911.90    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                          | CUSIP: 13049YDW8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251779.08    | 0.03%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4E4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $1035000.00   | 0.12%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                                                                              | CUSIP: 93978TS67<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |    937738 | PA      | $36558.38     | 0.00%             | 2035-12-20      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE                                                                                   | CUSIP: 83703EMY8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3087174.90   | 0.35%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                                                                                             | CUSIP: 34061UHZ4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    100000 | PA      | $76508.62     | 0.01%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority                                 | GRAND TRAVERSE CNTY MI HOSP FIN AUTH                                                                                                     | CUSIP: 386523HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.23%             | 2041-07-01      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    962021 | PA      | $903591.27    | 0.10%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UHM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $216485.32    | 0.02%             | 2044-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 5444453D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1232403.15   | 0.14%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UHN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $97924.56     | 0.01%             | 2056-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204FHC2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    139884 | PA      | $99740.44     | 0.01%             | 2060-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                                                                                              | CUSIP: 89602RHH1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.03%             | 2033-01-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                                                                                             | CUSIP: 34061ULK2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    350000 | PA      | $312672.54    | 0.04%             | 2057-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                             | CUSIP: 928104NR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1973535.60   | 0.22%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                                                                         | CUSIP: 57421CBT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512648.65    | 0.06%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus MN                                                              | COLUMBUS MN MF HSG REVENUE                                                                                                               | CUSIP: 19934QAA1<br>LEI: 549300GVOKSE82SHJK80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963139.80    | 0.11%             | 2041-12-01      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Water System Revenue                                      | NEW ORLEANS LA WTR REVENUE                                                                                                               | CUSIP: 647753MN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $736089.10    | 0.08%             | 2041-12-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                                                                                | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951049.20   | 0.22%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises Inc                                                | AUSTIN CONVENTION ENTERPRISES INC TX CONVENTION CENTER                                                                                   | CUSIP: 052409DR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501083.35    | 0.06%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                               | CUSIP: 010869JP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $551991.80    | 0.06%             | 2049-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                                     | TSASC INC NY                                                                                                                             | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $850052.10    | 0.10%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH SOL WST DISP FAC REVENU                                                                             | CUSIP: 928106AS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $492000.00    | 0.06%             | 2042-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                                                                                               | CUSIP: 167486U98<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053179.10   | 0.12%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIP LOAN AGREEMENT KDC AGRIB                                                     | DIP LOAN AGREEMENT KDC AGRIB                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    284000 | PA      | $0.00         | 0.00%             | 2024-09-14      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $88028.00     | 0.01%             | 2065-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204FRD9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979985.20    | 0.11%             | 2047-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                             | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                             | CUSIP: 11023PAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1010432.35   | 0.12%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                                                                                     | CUSIP: 650028A78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1646249.79   | 0.19%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                       | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057159.90   | 0.12%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| LAST STEP RECYCLING LLC                                                          | LAST STEP RECYCLING LLC                                                                                                                  | CUSIP: 518118AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    153162 | PA      | $153162.00    | 0.02%             | 2028-12-15      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Dakota County Community Development Agency                                       | DAKOTA CNTY MN CMNTY DEV AGY MF HSG REVENUE                                                                                              | CUSIP: 23409VFM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $544975.47    | 0.06%             | 2041-07-01      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                                | CUSIP: 12574WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $810523.40    | 0.09%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469BJ6<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005972.60   | 0.11%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH MF HSG REVENUE                                                                                              | CUSIP: 83756DAA1<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149502.77    | 0.02%             | 2039-09-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| WILD RIVERS WATER PARK                                                           | Wild Rivers Water Park                                                                                                                   | CUSIP: 96810LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1225000 | PA      | $750003.56    | 0.09%             | 2051-11-01      | Fixed         | 8.50%                 | No            |                  3 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                                                                         | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98755.00     | 0.01%             | 2026-03-20      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                                                                                                     | CUSIP: 38546WEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1216344.13   | 0.14%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PYR0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    265000 | PA      | $264444.37    | 0.03%             | 2042-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE                                                                                    | CUSIP: 43233KAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036552.40   | 0.12%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE                                                                                         | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030373.40   | 0.12%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                         | NEW YORK ENERGY FIN DEV CORP                                                                                                             | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2084446.20   | 0.24%             | 2056-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pend Oreille County Public Utility District No 1 Box Canyon                      | PEND OREILLE CNTY WA PUBLIC UTILITY DIST #1 BOX CANYON                                                                                   | CUSIP: 706643DG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $280373.97    | 0.03%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reynoldsburg City School District                                                | REYNOLDSBURG OH CITY SCH DIST                                                                                                            | CUSIP: 761852GF3<br>LEI: 5493008FQ0C4VK7NRG77 | Long             | DBT              | MUN               | US        |    905000 | PA      | $932891.01    | 0.11%             | 2032-09-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP RSDL DEV REVENUE                                                                                                  | CUSIP: 23529CAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $83050.38     | 0.01%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                                                                                                       | CUSIP: 199546DB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1060283.49   | 0.12%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U6W6<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    330000 | PA      | $338906.40    | 0.04%             | 2043-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Johnstown Plaza Metropolitan District                                            | JOHNSTOWN PLAZA MET DIST CO                                                                                                              | CUSIP: 479706AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    544000 | PA      | $450788.37    | 0.05%             | 2046-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967288.10    | 0.11%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                                                                                              | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3257709.00   | 0.37%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | HARRIS CNTY TX TOLL ROAD REVENUE                                                                                                         | CUSIP: 41423PDZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $828858.50    | 0.09%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                                                       | New Hampshire Business Finance Authority                                                                                                 | CUSIP: 63607WAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    963247 | PA      | $40982.01     | 0.00%             | 2036-10-01      | Variable      | 0.68%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CA PUBLIC PWR AUTH REVENUE                                                                                                         | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1464760.50   | 0.17%             | 2055-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505XJ0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021148.40   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP MF MTGE REVENUE                                                                                                  | CUSIP: 34074HHL9<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002059.80   | 0.11%             | 2029-08-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                                     | CUSIP: 13034A5Z9<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960911.80    | 0.11%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QKX9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    600000 | PA      | $327750.00    | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE                                                                                        | CUSIP: 73360CAK0<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    300000 | PA      | $272484.33    | 0.03%             | 2031-01-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                           | CUSIP: 3922742E5<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1264718.98   | 0.14%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182QK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2136925.20   | 0.24%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                                                                                                    | CUSIP: 45470ECC7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894501.00    | 0.10%             | 2057-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP RSDL DEV REVENUE                                                                                                  | CUSIP: 23529CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $486712.91    | 0.06%             | 2062-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Affordable Housing Tax-Exempt Bond Pass-Thru Trust                               | AFFORDABLE HSG TAX-EXEMPT BOND PASS-THRU TRUST                                                                                           | CUSIP: 00832UAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    483547 | PA      | $474867.52    | 0.05%             | 2040-10-05      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Palmetto FL                                                              | PALMETTO FL EDUCTNL FACS REVENUE                                                                                                         | CUSIP: 697074AE2<br>LEI: 549300O5DRDBXPBU6I08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966108.10    | 0.11%             | 2057-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                                   | CUSIP: 613603G60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1915135.40   | 0.22%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250CX0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $696160.50    | 0.08%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                         | CUSIP: 39160CBM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2490836.50   | 0.28%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nash Health Care Systems                                                         | NASH HLTH CARE SYS NC HLTH CARE FACS REVENUE                                                                                             | CUSIP: 631163BQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977492.00    | 0.11%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140FS7<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1121200.80   | 0.13%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030764.90   | 0.12%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado            | STHRN UTE INDIAN TRIBE OF STHRN UTE INDIAN RESERVATION CO                                                                                | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2109504.00   | 0.24%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QYZ9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    305000 | PA      | $166606.25    | 0.02%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049052.80   | 0.12%             | 2053-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                 | TEMPE AZ COPS                                                                                                                            | CUSIP: 87971LAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $788655.60    | 0.09%             | 2036-07-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 544445F79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013892.80   | 0.23%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE                                                                                 | CUSIP: 018444CA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $461778.90    | 0.05%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                                | PENNSYLVANIA ST UNIV                                                                                                                     | CUSIP: 7092354D4<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1508463.13   | 0.17%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                                                                                 | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1997881 | PA      | $1878725.18   | 0.21%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corp                                     | FLORIDA ST GULF COAST UNIV FING CORP CAPITAL IMPT REVENUE                                                                                | CUSIP: 34073XCL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.11%             | 2039-02-01      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                                                                                     | CUSIP: 650028ZQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10009569.00  | 1.14%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                      | MILITARY INSTALLATION DEV AUTH UT TAX ALLOCATION REVENUE                                                                                 | CUSIP: 599772AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $384519.45    | 0.04%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LLC                                                  | Domino's Pizza Master Issuer LLC                                                                                                         | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    194500 | PA      | $181383.19    | 0.02%             | 2051-04-25      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS308B2   IRS USD R V 12MUSCPI IS308C3 CCPINFLATION ZERO / Short: BS308B2   IRS USD P F  2.49900 BS308B2 CCP INFLATION ZERO        | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  14579000 | OU      | $126199.91    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                 | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991783.90    | 0.11%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Haven CT                                                             | NEW HAVEN CT                                                                                                                             | CUSIP: 6450206E3<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |    615000 | PA      | $633770.78    | 0.07%             | 2038-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                                                                                                 | CUSIP: 19645UNS9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889085.00    | 0.10%             | 2062-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | Freddie Mac Multifamily                                                                                                                  | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1283585 | PA      | $1298421.92   | 0.15%             | 2041-08-25      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                         | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                                                                                                | CUSIP: 76827QHK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014535.60   | 0.12%             | 2052-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF67<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005526.00   | 0.11%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | ORANGE CNTY FL TOURIST DEV TAX                                                                                                           | CUSIP: 684545YW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004435.60   | 0.23%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP RSDL DEV REVENUE                                                                                                  | CUSIP: 23529CAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $233615.93    | 0.03%             | 2062-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI DEV BK SPL OBLIG                                                                                                             | CUSIP: 60534XLT1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1584627.84   | 0.18%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                            | CUSIP: 49126KLA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $177184.14    | 0.02%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                                                                                    | CUSIP: 68450LGM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862121.50    | 0.10%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532PS7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033958.20   | 0.12%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153JV2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044647.00   | 0.12%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                          | CUSIP: 20775DUX8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2191947.78   | 0.25%             | 2048-07-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| City of Brooklyn Park MN                                                         | BROOKLYN PARK MN MF HSG REVENUE                                                                                                          | CUSIP: 11423TAB8<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000651.10   | 0.11%             | 2042-01-01      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $644035.80    | 0.07%             | 2057-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD                                                                             | CUSIP: 04052FEM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1503396.77   | 0.17%             | 2053-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                              | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $941372.10    | 0.11%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE                                                                                | CUSIP: 83704DAL0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    100000 | PA      | $11000.00     | 0.00%             | 2040-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTH SOL WST DISP FAC REVENUE                                                                                   | CUSIP: 54640TAD1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $2.50         | 0.00%             | 2023-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JTQ1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1393794.57   | 0.16%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH LEASE REVENUE                                                                                                   | CUSIP: 71885MBV3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3037603.20   | 0.35%             | 2044-10-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS31T56   IRS USD R V 12MUSCPI IS31T67 CCPINFLATIONZERO / Short: BS31T56   IRS USD P F  2.56880 IS31T56 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  19750000 | OU      | $105390.15    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QVC3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    245000 | PA      | $133831.25    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY SENIOR LIVING REVENUE                                                                                       | CUSIP: 57563WAB4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970304.20    | 0.11%             | 2045-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $245000.81    | 0.03%             | 2039-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                                     | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4195188.78   | 0.48%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                                                                                                 | CUSIP: 25483VE91<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2047223.20   | 0.23%             | 2055-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                        | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE                                                                                | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099966.00   | 0.13%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                                                                                    | CUSIP: 93878YEB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026983.40   | 0.12%             | 2055-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                                                                                                     | CUSIP: 976595JE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $183294.54    | 0.02%             | 2061-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PSG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    295000 | PA      | $215350.00    | 0.02%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| 2025 Loan Holding - 1                                                            | 2025 LOAN HOLDING - 1                                                                                                                    | CUSIP: 90223AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 0.30%             | 2026-05-01      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250EW0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $874862.20    | 0.10%             | 2042-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57585BKB3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001011.00   | 0.11%             | 2050-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                                                                                     | CUSIP: 62620HEN8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520278.80   | 0.17%             | 2063-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEW4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3530000 | PA      | $3159149.85   | 0.36%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2415539.76   | 0.28%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | PALM BEACH CNTY FL SCH BRD COPS                                                                                                          | CUSIP: 696550K43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062827.20   | 0.12%             | 2039-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                                                                                                        | CUSIP: 96634RAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992119.20    | 0.11%             | 2044-06-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                          | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE                                                                             | CUSIP: 888804AZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $229553.30    | 0.03%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Essex County Improvement Authority                                               | ESSEX CNTY NJ IMPT AUTH                                                                                                                  | CUSIP: 296807MM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029427.00   | 0.23%             | 2026-03-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JTC2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027294.00   | 0.12%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                                  | CUSIP: 592190QZ8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3568619.60   | 0.41%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                             | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE                                                                                           | CUSIP: 40065FFG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033813.10   | 0.12%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6330000 | PA      | $6486047.16   | 0.74%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Conroe Local Government Corp                                                     | CONROE TX LOCAL GOVT CORP HOTEL & CONTRACT REVENUE                                                                                       | CUSIP: 20841CAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $845616.20    | 0.10%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905621.50    | 0.10%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                             | CUSIP: 42934AAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $242987.50    | 0.03%             | 2050-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP MF REVENUE                                                                                                          | CUSIP: 491312EQ3<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    600000 | PA      | $582917.70    | 0.07%             | 2040-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QA85<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $54625.00     | 0.01%             | 2040-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                                                                                             | CUSIP: 39081JJR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025785.50   | 0.12%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140GB3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032092.20   | 0.12%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153KQ1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1456453.02   | 0.17%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wolf Creek Infrastructure Financing District No 1                                | WOLF CREEK INFRASTRUCTURE FING DIST #1 UT SPL ASSMNT                                                                                     | CUSIP: 977695AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976062.60    | 0.11%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                         | CUSIP: 31222PAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001216.30   | 0.11%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                                                                                              | CUSIP: 514045V59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $885739.30    | 0.10%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE FACS REVENUE                                                                                                  | CUSIP: 40727TDN1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981525.30    | 0.11%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140FU2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1547596.05   | 0.18%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                             | CHARLOTTE NC ARPT REVENUE                                                                                                                | CUSIP: 161036WL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2741027.24   | 0.31%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE                                                                                          | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135130.00   | 0.24%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS SPLY REVENUE                                                                                            | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1496760.97   | 0.17%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                             | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1163060.82   | 0.13%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 544445RD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014007.00   | 0.12%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3813452.00   | 0.43%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Grapevine Wash Local District                                                    | GRAPEVINE WASH LOCAL DIST UT SPL ASSMNT                                                                                                  | CUSIP: 38860FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927785.80    | 0.11%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U7K1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3025353.30   | 0.34%             | 2067-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UGA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $155981.68    | 0.02%             | 2057-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045779.30   | 0.12%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                             | CHARLOTTE NC ARPT REVENUE                                                                                                                | CUSIP: 161036WM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1584001.60   | 0.18%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE                                                                                             | CUSIP: 59333APN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063045.60   | 0.12%             | 2040-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                               | CUSIP: 158862CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034134.80   | 0.23%             | 2042-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060904.90   | 0.12%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                                                                                              | CUSIP: 64763HHJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $210260.67    | 0.02%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARC70 II TRUST                                                                   | ARC70 II TR CA                                                                                                                           | CUSIP: 03880NAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2222189 | PA      | $2087662.34   | 0.24%             | 2065-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153DB2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016047.10   | 0.12%             | 2047-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                                                                                                 | CUSIP: 19645UKK9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $714490.80    | 0.08%             | 2061-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                                        | CUSIP: 688031ER0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $134810.45    | 0.02%             | 2036-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH WTR FACS REVENUE                                                                                             | CUSIP: 645780FT9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998238.70    | 0.11%             | 2034-11-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                                                                                                | CUSIP: 679111F25<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1794646.20   | 0.20%             | 2055-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEC8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1294704.38   | 0.15%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                           | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    148000 | PA      | $110385.33    | 0.01%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE                                                                                        | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004374.70   | 0.11%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Align Affordable Housing Bond Fund LP                                            | ALIGN CAP SER 2021-3 TRUST                                                                                                               | CUSIP: 01631GAA7<br>LEI: 549300B2I0LUTCXK9B86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870488.20    | 0.10%             | 2051-12-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532MP6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1338674.48   | 0.15%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1984754 | PA      | $78285.64     | 0.01%             | 2039-08-20      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUB FIN AUTH WI TAX INCREMENT REVNUE                                                                                                     | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972392.80    | 0.11%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JCK7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    775000 | PA      | $716304.21    | 0.08%             | 2036-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5817962.16   | 0.66%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                             | CUSIP: 42934ABV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $531754.86    | 0.06%             | 2042-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE                                                                                 | CUSIP: 54659LBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $227590.07    | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                                                    | Lendbuzz Securitization Trust 2023-1                                                                                                     | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    656062 | PA      | $664617.77    | 0.08%             | 2028-08-15      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP RSDL DEV REVENUE                                                                                                  | CUSIP: 23529CAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4760000 | PA      | $261653.39    | 0.03%             | 2062-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF REVENUE                                                                                                      | CUSIP: 45202BSV9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1773425.01   | 0.20%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBR4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    100000 | PA      | $94982.64     | 0.01%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PZM0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    175000 | PA      | $1.75         | 0.00%             | 2023-09-14      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD                                                                             | CUSIP: 592113CQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039091.90   | 0.12%             | 2028-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE                                                                                         | CUSIP: 19645RDH1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    690000 | PA      | $690000.00    | 0.08%             | 2038-02-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $792609.90    | 0.09%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU                                                                             | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2398882.53   | 0.27%             | 2027-09-15      | Floating      | 3.71%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE                                                                                    | CUSIP: 837031F73<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    210000 | PA      | $200922.60    | 0.02%             | 2047-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority                                                                                          | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2956638.65   | 0.34%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE                                                                                    | CUSIP: 592643BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $5784463.00   | 0.66%             | 2037-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                                 | Fannie Mae Connecticut Avenue Securities                                                                                                 | CUSIP: 30711XCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18958 | PA      | $19288.33     | 0.00%             | 2028-09-25      | Floating      | 10.46%                | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | MICHIGAN ST HOSP FIN AUTH                                                                                                                | CUSIP: 59465HXD3<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027147.20   | 0.23%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1257051.13   | 0.14%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                             | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                             | CUSIP: 11023PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923652.90    | 0.11%             | 2042-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                                                                                               | CUSIP: 79642GPP1<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031954.20   | 0.23%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE                                                                                       | CUSIP: 97671VCP8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947737.80    | 0.11%             | 2055-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Industrial Development Board | MET GOVT NASHVILLE & DAVIDSON CNTY TN INDL DEV BRD SPL ASSMN                                                                             | CUSIP: 59211SAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $368158.99    | 0.04%             | 2043-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** AB BOND FUND, INC.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller