# EDGAR Filing Document

**Accession Number:** 0000909466
**File Stem:** 0001752724-23-017904
**Filing Date:** 2023-1
**Character Count:** 250423
**Document Hash:** 0b069fe445e77eb2be7c51a8c3607190
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017904.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017904

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **CENTRAL INDEX KEY:** 0000909466
- **IRS NUMBER:** 766035958
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07890
- **FILM NUMBER:** 23566866

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **DATE OF NAME CHANGE:** 20100430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS
- **DATE OF NAME CHANGE:** 20000324

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS INC/NEW
- **DATE OF NAME CHANGE:** 19940718

## Series and Classes Contracts Data

### Invesco Pennsylvania Municipal Fund (Series ID: S000064637)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000209267 | Class C      | OPACX           |
| C000209269 | Class Y      | OPAYX           |
| C000209274 | Class R6     | IORPX           |
| C000209275 | Class A      | OPATX           |

## Nport-Ex

**Schedule of Investments** 

*November 30, 2022* 

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Municipal Obligations–100.97%** |  |  |  |  |
|  **Pennsylvania–86.86%** |  |  |  |  |
|  Aliquippa School District; Series 2018, Ref. GO Bonds (INS - BAM)<sup>(a)</sup>  | 4.00% | 12/01/2041 | $1750 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755435 |
|  Allegheny (County of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 C-76, GO Bonds | 5.00% | 11/01/2041 | &nbsp;&nbsp;&nbsp;&nbsp;14320 | 15151824 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C-77, GO Bonds | 5.00% | 11/01/2043 | 4960 | 5315073 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C-78, GO Bonds | 4.00% | 11/01/2049 | 1080 | 1020322 |
|  Allegheny (County of), PA Airport Authority; Series 2021 A, RB<sup>(b)</sup>  | 4.00% | 01/01/2056 | 6500 | 5617482 |
|  Allegheny (County of), PA Higher Education Building Authority (Chatham University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.25% | 09/01/2034 | 535 | 541048 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.25% | 09/01/2035 | 540 | 542257 |
|  Allegheny (County of), PA Higher Education Building Authority (Robert Morris University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1998 A, Ref. RB (INS - ACA)<sup>(a)</sup>  | 6.00% | 05/01/2028 | 140 | 147548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 10/15/2037 | 615 | 615156 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 10/15/2047 | 1500 | 1420623 |
|  Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue); Series 2018 A, Ref. RB | 5.00% | 04/01/2047 | 15615 | 15811854 |
|  Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 A-1, RB (67% of 3 mo. USD LIBOR + 0.82%)<sup>(c)</sup>  | 3.80% | 02/01/2037 | 625 | 613602 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 4.00% | 07/15/2038 | 1035 | 1006759 |
|  Allegheny (County of), PA Industrial Development Authority (Propel Charter School - Sunrise); Series 2013, RB | 6.00% | 07/15/2038 | 1500 | 1515429 |
|  Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills); Series 2004, RB (Acquired 04/18/2006-08/16/2018; Cost $6,213,959)<sup>(d)</sup>  | 5.60% | 07/01/2023 | 6362 | 5725894 |
|  Allegheny (County of), PA Residential Finance Authority (Allegheny Independence House Apartments); Series 2007 B, RB (CEP - GNMA)<sup>(b)</sup>  | 6.10% | 01/20/2043 | 1130 | 1132080 |
|  Allegheny (County of), PA Sanitary Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(e)</sup>  | 5.00% | 12/01/2045 | 2120 | 2209529 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 5.75% | 06/01/2052 | 3250 | 3691482 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority; Series 2022, Ref. RB | 5.00% | 05/01/2042 | 2000 | 1961145 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup>  | 5.00% | 05/01/2042 | 615 | 558422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup>  | 5.38% | 05/01/2042 | 4000 | 3746236 |
|  Allentown City School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 06/01/2036 | 1250 | 1321819 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 06/01/2037 | 1255 | 1325829 |
|  Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 05/15/2037 | 1125 | 1113564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 05/15/2042 | 500 | 472691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 05/15/2047 | 600 | 560674 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C, RB | 5.00% | 05/15/2047 | 475 | 449979 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 05/15/2042 | 600 | 581838 |
|  Berks (County of), PA Industrial Development Authority (Tower Health); Series 2017, Ref. RB | 5.00% | 11/01/2050 | 8480 | 5645345 |
|  Berks (County of), PA Municipal Authority (Reading Hospital Medical Center); Series 2012 A, RB | 5.00% | 11/01/2040 | 1000 | 713284 |
|  Bethlehem Area School District; Series 2015 A, GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 08/01/2035 | 3000 | 3157505 |
|  Bucks (County of), PA Industrial Development Authority (Pennswood Village); Series 2018, Ref. RB | 5.00% | 10/01/2037 | 270 | 270326 |
|  Centre (County of), PA Hospital Authority (Mt. Nittany Medical Center); Series 2016 A, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 11/15/2025 | 500 | 533723 |
|  Cheltenham (Township of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, GO Bonds<sup>(g)(h)</sup>  | 4.00% | 07/01/2023 | 170 | 171376 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, GO Bonds | 4.00% | 07/01/2048 | 2660 | 2660140 |
|  Chester (County of), PA Health & Education Facilities Authority (Main Line Health System); Series 2017 A, Ref. RB | 5.00% | 10/01/2052 | 2000 | 2066930 |
|  Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 3.25% | 12/01/2029 | 155 | 131012 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 4.00% | 12/01/2039 | 305 | 236186 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 12/01/2051 | 8000 | 6733991 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Chester (County of), PA Industrial Development Authority (Avon Grove Charter School); Series 2017 A, Ref. RB | 5.00% | 12/15/2051 | $770 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765371 |
|  Chester (County of), PA Industrial Development Authority (Collegium Charter School); Series 2017 A, RB | 5.25% | 10/15/2047 | 695 | 621055 |
|  Chester (County of), PA Industrial Development Authority (Longwood Gardens); Series 2019, RB | 5.00% | 12/01/2044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 | 1558476 |
|  Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School); Series 2014, RB | 5.00% | 10/01/2044 | 2215 | 2221762 |
|  Chester (County of), PA Industrial Development Authority (Sustainability Bonds); Series 2021, RB | 4.00% | 12/01/2051 | 9840 | 9136922 |
|  Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 08/01/2035 | 1000 | 978823 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 08/01/2045 | 750 | 694360 |
|  Clairton (City of), PA Municipal Authority; Series 2012 B, RB | 5.00% | 12/01/2037 | 3000 | 3001880 |
|  Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 07/01/2034 | 2310 | 2363878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 07/01/2045 | 1000 | 1009795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 07/01/2024 | 1220 | 1259630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 07/01/2029 | 2430 | 2506849 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 07/01/2033 | 3500 | 3589409 |
|  Coatesville School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds (INS - BAM)<sup>(a)(i)</sup>  | 0.00% | 10/01/2034 | 300 | 176488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds (INS - BAM)<sup>(a)(i)</sup>  | 0.00% | 10/01/2038 | 2700 | 1258806 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, Ref. GO Bonds (INS - BAM)<sup>(a)(i)</sup>  | 0.00% | 10/01/2033 | 500 | 310614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, Ref. GO Bonds (INS - BAM)<sup>(a)(i)</sup>  | 0.00% | 10/01/2034 | 980 | 576526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, Ref. GO Bonds (INS - BAM)<sup>(a)(i)</sup>  | 0.00% | 10/01/2033 | 640 | 397586 |
|  Commonwealth Financing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(e)(j)</sup>  | 5.00% | 06/01/2034 | 2500 | 2700363 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(e)(j)</sup>  | 5.00% | 06/01/2035 | 500 | 536677 |
|  Cumberland (County of), PA Municipal Authority (Diakon Lutheran); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 01/01/2025 | 515 | 538898 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 01/01/2038 | 630 | 635170 |
|  Cumberland (County of), PA Municipal Authority (Messiah Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 07/01/2031 | 1565 | 1527632 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 07/01/2035 | 3210 | 3062688 |
|  Cumberland (County of), PA Municipal Authority (Penn State Health); Series 2019, RB | 4.00% | 11/01/2044 | 2000 | 1864651 |
|  Dallas Area Municipal Authority (Misericordia University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/01/2039 | 1050 | 1023285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/01/2048 | 4000 | 3771576 |
|  Dauphin (County of), PA General Authority (Pinnacle Health System); Series 2016 A, Ref. RB | 5.00% | 06/01/2034 | 510 | 528348 |
|  Delaware (County of), PA Authority (Eastern University); Series 2012, RB | 5.25% | 10/01/2032 | 5215 | 5055047 |
|  Delaware (County of), PA Authority (Elywn); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 06/01/2027 | 410 | 406263 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 06/01/2037 | 3500 | 3211888 |
|  Delaware (County of), PA Authority (Mercy Health Corp.); Series 1993 A, RB<sup>(g)</sup>  | 5.38% | 11/15/2023 | 10 | 10254 |
|  Delaware (County of), PA Authority (Neumann University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 10/01/2031 | 1425 | 1446357 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 10/01/2035 | 2305 | 2323904 |
|  Delaware (County of), PA Authority (Villanova University); Series 2015, RB | 5.00% | 08/01/2045 | 215 | 222875 |
|  Delaware (County of), PA Industrial Development Authority (Mercy Health Corp. of Southeastern PA); Series 2016 A, RB<sup>(f)</sup>  | 5.13% | 06/01/2046 | 2080 | 1918611 |
|  Delaware River Port Authority; Series 2013, RB | 5.00% | 01/01/2040 | 2510 | 2543903 |
|  Delaware River Port Authority (Port District); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. RB<sup>(g)</sup>  | 5.00% | 01/01/2023 | 535 | 536061 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. RB<sup>(g)</sup>  | 5.00% | 01/01/2023 | 540 | 541070 |
|  Delaware Valley Regional Finance Authority; Series 2002, RB | 5.75% | 07/01/2032 | 1000 | 1204498 |
|  Doylestown (City of), PA Hospital Authority; Series 2019 A, RB | 4.00% | 07/01/2045 | 250 | 181319 |
|  DuBois (City of), PA Hospital Authority (Penn Highlands Healthcare); Series 2018, Ref. RB | 5.00% | 07/15/2048 | 650 | 663013 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(g)(h)</sup>  | 5.00% | 07/01/2023 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1770831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(g)(h)</sup>  | 5.00% | 07/01/2023 | 1000 | 1011904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB<sup>(g)(h)</sup>  | 5.00% | 07/01/2024 | 250 | 258592 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(g)(h)</sup>  | 5.00% | 07/01/2025 | 1060 | 1120274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(g)(h)</sup>  | 5.00% | 07/01/2025 | 820 | 866627 |
|  East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 12/01/2030 | 630 | 657189 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 12/01/2039 | 370 | 380749 |
|  Erie (City & County of), PA Water Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 12/01/2024 | 5000 | 5234222 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB (INS - AGM)<sup>(a)</sup>  | 5.00% | 12/01/2043 | 1280 | 1350244 |
|  Erie (City of), PA Higher Education Building Authority (AICUP Financing Program); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 05/01/2036 | 200 | 183205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 05/01/2041 | 730 | 629889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 5.00% | 05/01/2047 | 330 | 321439 |
|  Erie (City of), PA Higher Education Building Authority (Gannon University); Series 2013, RB | 5.00% | 05/01/2038 | 7840 | 7845056 |
|  Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2043 | 475 | 399255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2053 | 700 | 562267 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 12/01/2039 | 755 | 649252 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 12/01/2054 | 3000 | 2387028 |
|  Geisinger Authority (Geisinger Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-1, Ref. RB | 5.00% | 02/15/2045 | 16655 | 16906072 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-1, Ref. RB | 4.00% | 02/15/2047 | 5000 | 4600710 |
|  Lancaster (City of), PA Industrial Development Authority (Landis Homes Retirement Community); Series 2021, Ref. RB | 4.00% | 07/01/2056 | 1800 | 1340127 |
|  Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 12/01/2044 | 1850 | 1939745 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 12/01/2049 | 2755 | 2875173 |
|  Lancaster (County of), PA Hospital Authority (Brethren Village); Series 2017, Ref. RB | 5.13% | 07/01/2037 | 1135 | 1063426 |
|  Lancaster (County of), PA Hospital Authority (Landis Homes Retirement Community); Series 2015, Ref. RB | 5.00% | 07/01/2045 | 625 | 586377 |
|  Lancaster (County of), PA Hospital Authority (Masonic Villages); Series 2015, Ref. RB | 5.00% | 11/01/2035 | 210 | 213421 |
|  Lancaster (County of), PA Hospital Authority (Penn State Health); Series 2021, RB | 5.00% | 11/01/2051 | 1550 | 1578993 |
|  Lancaster School District; Series 2020, GO Bonds (INS - AGM)<sup>(a)</sup>  | 4.00% | 06/01/2034 | 900 | 931806 |
|  Latrobe (City of), PA Industrial Development Authority (Seton Hill University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 03/01/2046 | 485 | 395221 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 03/01/2051 | 485 | 381290 |
|  Lehigh (County of), PA (Lehigh Valley Health Network); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 07/01/2044 | 1000 | 1015082 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 4.00% | 07/01/2049 | 2500 | 2252174 |
|  Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 7.50% | 02/01/2044 | 5158 | 4823239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 B, RB<sup>(k)</sup>  | 7.50% | 02/01/2044 | 3735 | 1937600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C, RB<sup>(l)</sup>  | 0.00% | 02/01/2044 | 3238 | 16371 |
|  Lehigh (County of), PA General Purpose Authority (Lehigh Valley Academy); Series 2022, RB | 4.00% | 06/01/2052 | 3750 | 3213108 |
|  Maxatawny (Township of), PA Municipal Authority (Diakon Lutheran Social); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB | 5.00% | 01/01/2042 | 930 | 914248 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB | 4.50% | 01/01/2045 | 800 | 705866 |
|  Mckeesport Area School District; Series 2021 A, Ref. GO Bonds (INS - AGM)<sup>(a)</sup>  | 4.00% | 10/01/2035 | 5505 | 5644414 |
|  Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System); Series 2014, Ref. RB | 5.00% | 10/01/2027 | 390 | 392544 |
|  Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 12/01/2037 | 750 | 751970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 12/01/2047 | 1000 | 961381 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 4.00% | 09/01/2049 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3534196 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB | 4.00% | 05/01/2052 | 3755 | 3270794 |
|  Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 11/15/2036 | 15000 | 15015577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, RB | 4.00% | 11/15/2043 | 350 | 293224 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, RB | 5.00% | 11/15/2045 | 675 | 651749 |
|  Montgomery (County of), PA Industrial Development Authority (Germantown Academy); Series 2021, Ref. RB | 4.00% | 10/01/2046 | 2740 | 2251982 |
|  Montgomery (County of), PA Industrial Development Authority (Haverford School); Series 2019, Ref. RB | 4.00% | 03/01/2049 | 3250 | 2909029 |
|  Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.); Series 2019, Ref. RB | 5.00% | 12/01/2049 | 1000 | 1019162 |
|  Northampton (County of), PA General Purpose Authority (LaFayette College); Series 2017, Ref. RB | 5.00% | 11/01/2047 | 6135 | 6373212 |
|  Northampton (County of), PA General Purpose Authority (Moravian College); Series 2016, Ref. RB | 5.00% | 10/01/2036 | 2250 | 2292910 |
|  Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 08/15/2036 | 330 | 340380 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 4.00% | 08/15/2048 | 8430 | 7796144 |
|  Northampton (County of), PA General Purpose Authority (St. Luke's University Health); Series 2016, Ref. RB | 5.00% | 08/15/2046 | 1170 | 1176274 |
|  Northampton (County of), PA Industrial Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB (Acquired 04/03/2013; Cost $13,041,003)<sup>(d)(m)(n)</sup>  | 5.00% | 12/31/2023 | 14827 | 2668790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(m)(n)</sup>  | 5.00% | 12/31/2023 | 6004 | 1080820 |
|  Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2039 | 500 | 459758 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2044 | 950 | 845561 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2049 | 1050 | 910593 |
|  Northeastern Pennsylvania (Commonwealth of) Hospital & Education Authority (Kings College); Series 2019, RB | 5.00% | 05/01/2044 | 1000 | 994764 |
|  Penn Hills School District; Series 2020, Ref. GO Bonds (INS - BAM)<sup>(a)</sup>  | 3.00% | 10/01/2042 | 4000 | 3258051 |
|  Pennsylvania (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; First Series 2001, GO Bonds | 4.00% | 05/15/2033 | 5000 | 5256738 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Series 2014, GO Bonds<sup>(e)</sup>  | 5.00% | 06/15/2034 | 3000 | 3084847 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Series 2020, GO Bonds | 2.13% | 05/01/2040 | 2500 | 1781188 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. COP | 4.00% | 07/01/2046 | 540 | 517275 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, GO Bonds | 5.00% | 10/01/2042 | 2000 | 2233647 |
|  Pennsylvania (Commonwealth of) (Municipal Real Estate Funding, LLC); Series 2018 A, Ref. COP | 5.00% | 07/01/2043 | 590 | 621938 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (Capital Region Parking System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 C, RB (INS - AGM)<sup>(a)(i)</sup>  | 0.00% | 01/01/2044 | 775 | 258337 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 6.00% | 07/01/2053 | 920 | 942468 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (Covanta Holding Corp.) (Green Bonds); Series 2019 A, RB<sup>(b)(f)</sup>  | 3.25% | 08/01/2039 | 1250 | 949035 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (National Gypson Co.); Series 2014, Ref. RB<sup>(b)</sup>  | 5.50% | 11/01/2044 | 635 | 630969 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.); Series 2015, RB<sup>(b)</sup>  | 5.00% | 12/31/2034 | 775 | 785846 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(b)</sup>  | 5.00% | 12/31/2038 | 460 | 462069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(b)</sup>  | 5.00% | 06/30/2042 | 11750 | 11780321 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 07/01/2041 | 700 | 605189 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 07/01/2046 | 2000 | 1654600 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A-1, RB | 4.00% | 04/15/2050 | 1500 | 1343895 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 10/15/2051 | 2750 | 2451835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB | 4.00% | 02/15/2052 | 1500 | 1332874 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Holy Family University); Series 2013 A, RB<sup>(g)</sup>  | 6.25% | 09/01/2033 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328396 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (La Salle University); Series 2012, RB | 5.00% | 05/01/2042 | 1180 | 982868 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University); Series 2015, Ref. RB | 5.25% | 09/01/2050 | 1070 | 1083134 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Trustees University of Pennsylvania); Series 2017, RB<sup>(e)</sup>  | 5.00% | 08/15/2046 | 2200 | 2312187 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 08/15/2042 | 1075 | 1118305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 4.00% | 08/15/2044 | 10000 | 9800423 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Widener College); Series 2014, Ref. RB | 5.00% | 07/15/2038 | 1000 | 1010785 |
|  Pennsylvania (Commonwealth of) Housing Finance Agency; Series 2019-131 A, RB | 3.10% | 10/01/2044 | 2500 | 2004572 |
|  Pennsylvania (Commonwealth of) Public School Building Authority (Harrisburg School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 12/01/2026 | 145 | 157305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB (INS - AGM)<sup>(a)</sup>  | 5.00% | 12/01/2030 | 910 | 956554 |
|  Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 06/01/2027 | 3750 | 3971916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB (INS - AGM)<sup>(a)</sup>  | 5.00% | 06/01/2032 | 9520 | 9981727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(g)(h)</sup>  | 5.00% | 12/01/2026 | 5 | 5444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 06/01/2036 | 4795 | 4982367 |
|  Pennsylvania (Commonwealth of) Turnpike Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 C, RB (INS - AGM)<sup>(a)</sup>  | 6.25% | 06/01/2033 | 2000 | 2229066 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 E, RB | 6.38% | 12/01/2038 | 11435 | 13003054 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 E, RB (INS - AGM)<sup>(a)</sup>  | 6.38% | 12/01/2038 | 2500 | 2867573 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A-1, RB | 5.00% | 12/01/2032 | 2000 | 2073245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, RB | 5.00% | 12/01/2030 | 500 | 532134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, RB | 5.00% | 12/01/2031 | 1000 | 1062948 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.50% | 12/01/2042 | 5000 | 5225815 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-1, RB | 5.00% | 12/01/2035 | 1050 | 1132277 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B-1, RB | 5.25% | 06/01/2047 | 1630 | 1685418 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-2, RB | 5.00% | 12/01/2043 | 535 | 560867 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-2, RB | 5.00% | 12/01/2048 | 6000 | 6218026 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 12/01/2044 | 1000 | 1061768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB (INS - AGM)<sup>(a)</sup>  | 4.00% | 12/01/2049 | 3800 | 3648065 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 12/01/2049 | 9660 | 10058724 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 4.00% | 12/01/2050 | 11500 | 10185371 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB | 5.25% | 12/01/2052 | 3000 | 3223179 |
|  Pennsylvania Higher Education Assistance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(b)</sup>  | 5.00% | 06/01/2030 | 400 | 423923 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(b)</sup>  | 2.63% | 06/01/2042 | 2000 | 1659475 |
|  Pennsylvania State University (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB | 5.00% | 09/01/2041 | 1430 | 1519296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 09/01/2047 | 2500 | 2632569 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 09/01/2044 | 1330 | 1432337 |
|  Philadelphia (City of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 15, Ref. RB | 5.00% | 08/01/2047 | 3620 | 3736925 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 10/01/2052 | 1895 | 1963443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(e)(j)</sup>  | 5.25% | 10/01/2052 | 2070 | 2167191 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds (INS - AGM)<sup>(a)</sup>  | 5.00% | 08/01/2035 | 3500 | 3771941 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.00% | 08/01/2036 | 700 | 740392 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB<sup>(b)</sup>  | 5.00% | 07/01/2047 | 19700 | 19909301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. GO Bonds | 5.00% | 08/01/2041 | 1000 | 1054180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.00% | 10/01/2053 | 7000 | 7299237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, GO Bonds | 5.00% | 02/01/2037 | 145 | 154600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, RB | 5.00% | 11/01/2049 | 4635 | 4849571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, RB | 5.00% | 11/01/2054 | 11030 | 11530447 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB (INS - AGM)<sup>(a)</sup>  | 5.00% | 08/01/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5294902 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 5.00% | 11/01/2050 | 1250 | 1315431 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, Ref. RB<sup>(b)</sup>  | 4.00% | 07/01/2050 | 3725 | 3300626 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 5.00% | 05/01/2034 | 1420 | 1576158 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 4.00% | 05/01/2042 | 2500 | 2469111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB (INS - AGM)<sup>(a)(b)</sup>  | 4.00% | 07/01/2039 | 1000 | 952959 |
|  Philadelphia (City of), PA Authority for Industrial Development (Architecture & Design Charter High School); Series 2013, RB<sup>(g)(h)</sup>  | 6.13% | 03/15/2023 | 3085 | 3116241 |
|  Philadelphia (City of), PA Authority for Industrial Development (Children's Hospital of Philadelphia); Series 2014 A, RB<sup>(e)(g)</sup>  | 5.00% | 07/01/2024 | 1500 | 1552732 |
|  Philadelphia (City of), PA Authority for Industrial Development (Cultural and Commercials Corridors); Series 2016, Ref. RB | 5.00% | 12/01/2031 | 840 | 878640 |
|  Philadelphia (City of), PA Authority for Industrial Development (First Philadelphia Preparatory Charter School); Series 2014 A, RB | 7.00% | 06/15/2033 | 875 | 914646 |
|  Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 4.00% | 06/15/2029 | 350 | 330496 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 06/15/2050 | 350 | 312155 |
|  Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 A, IDR | 5.38% | 06/15/2030 | 1730 | 1729882 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 A, IDR | 5.63% | 06/15/2042 | 4000 | 3810994 |
|  Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School); Series 2016 B, RB | 5.00% | 04/01/2046 | 640 | 578713 |
|  Philadelphia (City of), PA Authority for Industrial Development (MaST I Charter School); Series 2016 A, Ref. RB | 5.25% | 08/01/2046 | 1500 | 1522937 |
|  Philadelphia (City of), PA Authority for Industrial Development (PresbyHomes Germantown/ Morrisville); Series 2005 A, RB | 5.63% | 07/01/2035 | 2414 | 2463130 |
|  Philadelphia (City of), PA Authority for Industrial Development (Richard Allen Preparatory Charter School); Series 2006, RB | 6.25% | 05/01/2033 | 1640 | 1513531 |
|  Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 11/01/2045 | 1900 | 1703029 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 5.25% | 11/01/2052 | 2000 | 2058243 |
|  Philadelphia (City of), PA Authority for Industrial Development (Tacony Academy Charter School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A-1, RB | 6.75% | 06/15/2033 | 2000 | 2031511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A-1, RB | 7.00% | 06/15/2043 | 3090 | 3135815 |
|  Philadelphia (City of), PA Authority for Industrial Development (Temple University); First Series 2015, Ref. RB | 5.00% | 04/01/2045 | 530 | 540626 |
|  Philadelphia (City of), PA Authority for Industrial Development (Thomas Jefferson University); Series 2017 A, Ref. RB | 5.00% | 09/01/2047 | 17635 | 17735281 |
|  Philadelphia (City of), PA Authority for Industrial Development (University of the Arts); Series 2017, Ref. RB<sup>(f)</sup>  | 5.00% | 03/15/2045 | 540 | 488174 |
|  Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 4.00% | 12/01/2047 | 1600 | 1425873 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2058 | 10000 | 10026720 |
|  Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2042 | 1000 | 856678 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2049 | 500 | 413001 |
|  Philadelphia (City of), PA Authority for Industrial Development (New Foundations Charter School); Series 2012, RB<sup>(g)(h)</sup>  | 6.63% | 12/15/2022 | 750 | 751100 |
|  Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System); Series 2017, Ref. RB | 5.00% | 07/01/2032 | 1000 | 1033046 |
|  Philadelphia (City of), PA Housing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 05/01/2039 | 1300 | 1363207 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 05/01/2042 | 2415 | 2506874 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 05/01/2047 | 3335 | 3434815 |
|  Philadelphia (City of), PA Parking Authority; Series 1999 A, RB (INS - AMBAC)<sup>(a)</sup>  | 5.25% | 02/15/2029 | 25 | 25058 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Philadelphia School District (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 A, Ref. GO Bonds (INS - NATL)<sup>(a)</sup>  | 5.00% | 06/01/2025 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559234 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 F, Ref. GO Bonds | 5.00% | 09/01/2028 | 10000 | 10649919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 F, Ref. GO Bonds | 5.00% | 09/01/2029 | 10000 | 10631717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 F, Ref. GO Bonds | 5.00% | 09/01/2032 | 1000 | 1051969 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, GO Bonds | 4.00% | 09/01/2037 | 7050 | 7005960 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, GO Bonds | 5.00% | 09/01/2044 | 1000 | 1058568 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 4.00% | 09/01/2046 | 2000 | 1828015 |
|  Pittsburgh (City of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, GO Bonds | 4.00% | 09/01/2040 | 500 | 503136 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, GO Bonds | 4.00% | 09/01/2041 | 600 | 600492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, GO Bonds | 5.00% | 09/01/2042 | 1250 | 1336856 |
|  Pittsburgh (City of), PA Urban Redevelopment Authority (Marian Plaza); Series 2007, RB (CEP - GNMA)<sup>(b)</sup>  | 6.13% | 01/20/2043 | 2480 | 2482334 |
|  Pittsburgh (City of), PA Water & Sewer Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 09/01/2031 | 500 | 507040 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB (INS - AGM)<sup>(a)</sup>  | 5.00% | 09/01/2044 | 1200 | 1273196 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB (INS - AGM)<sup>(a)</sup>  | 4.00% | 09/01/2045 | 1000 | 954792 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB (INS - AGM)<sup>(a)</sup>  | 4.00% | 09/01/2050 | 4350 | 4064461 |
|  Pottsville (City of), PA Hospital Authority (Lehigh Valley); Series 2016 B, Ref. RB | 5.00% | 07/01/2041 | 4000 | 4073266 |
|  Reading School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. GO Bonds (INS - AGM)<sup>(a)</sup>  | 5.00% | 03/01/2037 | 1500 | 1566748 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. GO Bonds (INS - AGM)<sup>(a)</sup>  | 5.00% | 03/01/2038 | 1500 | 1563901 |
|  Scranton School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 E, Ref. GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 12/01/2034 | 820 | 884349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 E, Ref. GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 12/01/2035 | 750 | 806264 |
|  Southcentral Pennsylvania General Authority (Hanover Hospital, Inc.); Series 2015, Ref. RB | 5.00% | 12/01/2029 | 1000 | 1040259 |
|  Southcentral Pennsylvania General Authority (WellSpan Health Obligated Group); Series 2019 A, Ref. RB | 5.00% | 06/01/2049 | 750 | 778177 |
|  Southeastern Pennsylvania Transportation Authority; Series 2022, RB | 5.25% | 06/01/2052 | 4000 | 4360336 |
|  Susquehanna Area Regional Airport Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB<sup>(b)</sup>  | 5.00% | 01/01/2027 | 1185 | 1187252 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(b)</sup>  | 5.00% | 01/01/2038 | 1350 | 1382129 |
|  Swarthmore (Borough of), PA Authority (Swarthmore College); Series 2021 B, Ref. RB | 4.00% | 09/15/2041 | 3000 | 3016977 |
|  Trinity Area School District; Series 2021, GO Bonds (INS - AGM)<sup>(a)</sup>  | 4.00% | 11/01/2051 | 1485 | 1411789 |
|  Washington (County of), PA Redevelopment Authority (Victory Centre); Series 2018, Ref. RB | 5.00% | 07/01/2028 | 500 | 497816 |
|  West Shore School District; Series 2020, GO Bonds | 4.00% | 11/15/2048 | 2000 | 1910804 |
|  Westmoreland (County of), PA Industrial Development Authority (Excela Health); Series 2020 A, Ref. RB | 4.00% | 07/01/2037 | 1400 | 1271410 |
|  Westmoreland (County of), PA Municipal Authority; Series 2016, Ref. RB (INS - BAM)<sup>(a)</sup>  | 5.00% | 08/15/2038 | 2000 | 2066385 |
|  Wilkes-Barre Area School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 08/01/2034 | 2600 | 2801176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, GO Bonds (INS - BAM)<sup>(a)</sup>  | 5.00% | 08/01/2036 | 2125 | 2277002 |
|  |  |  |  | 670906820 |
|  **Puerto Rico–12.80%** |  |  |  |  |
|  Children's Trust Fund; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.38% | 05/15/2033 | 5 | 5002 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.50% | 05/15/2039 | 17000 | 16957551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 A, RB<sup>(i)</sup>  | 0.00% | 05/15/2050 | 53320 | 9240516 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 A, RB<sup>(i)</sup>  | 0.00% | 05/15/2057 | 415530 | 27552623 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Puerto Rico–(continued)** |  |  |  |  |
|  Puerto Rico (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(i)</sup>  | 0.00% | 07/01/2024 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(i)</sup>  | 0.00% | 07/01/2033 | 2000 | 1097842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.25% | 07/01/2023 | 725 | 728013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.38% | 07/01/2025 | 1446 | 1466525 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2027 | 1433 | 1467274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2029 | 1409 | 1444634 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.75% | 07/01/2031 | 1369 | 1406072 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2033 | 1298 | 1131035 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2035 | 1167 | 995028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2037 | 1001 | 836937 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2041 | 1362 | 1094280 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2046 | 1416 | 1093606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 0.00% | 11/01/2051 | 198 | 88822 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 0.00% | 11/01/2051 | 73 | 70299 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2022, RN | 0.00% | 11/01/2043 | 6771 | 3089318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2022, RN | 0.00% | 11/01/2051 | 189 | 67133 |
|  Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 A, RB | 6.13% | 07/01/2024 | 740 | 754916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB<sup>(f)</sup>  | 5.00% | 07/01/2033 | 2000 | 2008646 |
|  Puerto Rico (Commonwealth of) Electric Power Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 SS, Ref. RB (Acquired 05/07/2013-05/09/2013; Cost $6,000,000) (INS - NATL)<sup>(a)(d)</sup>  | 5.00% | 07/01/2025 | 6000 | 6024102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 TT, RB (Acquired 02/04/2014; Cost $877,250)<sup>(d)(l)</sup>  | 5.00% | 07/01/2032 | 1450 | 1073000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 XX, RB (Acquired 10/04/2013-06/17/2014; Cost $1,475,346)<sup>(d)(l)</sup>  | 5.25% | 07/01/2040 | 2445 | 1815413 |
|  Puerto Rico (Commonwealth of) Highway & Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1998 A, RB<sup>(l)</sup>  | 5.00% | 07/01/2038 | 10 | 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 D, RB (INS - AGM)<sup>(a)</sup>  | 5.00% | 07/01/2032 | 965 | 960193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003 AA-2, Ref. RB<sup>(l)</sup>  | 5.30% | 07/02/2035 | 1000 | 700000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003 H, Ref. RB<sup>(l)</sup>  | 5.00% | 07/01/2028 | 325 | 65813 |
|  Puerto Rico (Commonwelath of) Electric Power Authority; Series 2010 AAA, RB (Acquired 04/23/2010; Cost $1,460,823)<sup>(d)(l)</sup>  | 5.25% | 07/01/2024 | 1435 | 1065488 |
|  Puerto Rico Public Finance Corp.; Series 2011 B, RB (Acquired 12/08/2011; Cost $5,725,000)<sup>(d)(l)</sup>  | 5.50% | 08/01/2031 | 5725 | 214693 |
|  Puerto Rico Sales Tax Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup>  | 0.00% | 07/01/2046 | 3912 | 985922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup>  | 0.00% | 07/01/2051 | 6242 | 1174508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB | 5.00% | 07/01/2058 | 5537 | 5253565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.54% | 07/01/2053 | 91 | 79396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.78% | 07/01/2058 | 1216 | 1111554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2B, RB | 4.55% | 07/01/2040 | 1063 | 990004 |
|  University of Puerto Rico; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 P, Ref. RB | 5.00% | 06/01/2030 | 3235 | 3107864 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 Q, RB | 5.00% | 06/01/2030 | 1300 | 1248910 |
|  |  |  |  | 98867356 |
|  **Virgin Islands–1.03%** |  |  |  |  |
|  Tobacco Settlement Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2001, RB | 5.00% | 05/15/2031 | 340 | 340354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006, RB<sup>(i)</sup>  | 0.00% | 05/15/2035 | 4150 | 1641213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006, RB<sup>(i)</sup>  | 0.00% | 05/15/2035 | 2195 | 934076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006, RB<sup>(i)</sup>  | 0.00% | 05/15/2035 | 7000 | 2755954 |
|  Virgin Islands (Government of) Public Finance Authority (Virgin Islands Gross Receipts Taxes Loan Note); Series 2014 C, Ref. RB<sup>(f)</sup>  | 5.00% | 10/01/2039 | 2500 | 2269456 |
|  |  |  |  | 7941053 |
|  **Northern Mariana Islands–0.16%** |  |  |  |  |
|  Northern Mariana Islands (Commonwealth of) Ports Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1998 A, RB<sup>(b)</sup>  | 6.25% | 03/15/2028 | 765 | 731572 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1998 A, RB<sup>(b)</sup>  | 6.60% | 03/15/2028 | 580 | 557125 |
|  |  |  |  | 1288697 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Guam–0.12%** |  |  |  |  |
|  Guam (Territory of) Waterworks Authority; Series 2014 A, Ref. RB | 5.00% | 07/01/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288938 |
|  Guam Housing Corp.; Series 1998 A, RB (CEP - FHLMC)<sup>(b)</sup>  | 5.75% | 09/01/2031 | 645 | 646575 |
|  |  |  |  | 935513 |
|  TOTAL INVESTMENTS IN SECURITIES<sup>(o)</sup> –100.97% (Cost $837,023,533) |  |  |  | 779939439 |
|  FLOATING RATE NOTE OBLIGATIONS–(1.23)% |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Notes with interest and fee rates ranging from 2.45% to 2.46% at 11/30/2022 and contractual maturities of collateral ranging from 06/01/2034 to 10/01/2052<sup>(p)</sup>  |  |  |  | (9510000) |
|  OTHER ASSETS LESS LIABILITIES–0.26% |  |  |  | 1986542 |
|  NET ASSETS–100.00% |  |  |  | $772415981 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| ACA | – ACA Financial Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – American Municipal Bond Assurance Corp. |
| BAM | – Build America Mutual Assurance Co. |
| CEP | – Credit Enhancement Provider |
| COP | – Certificates of Participation |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| GNMA | – Government National Mortgage Association |
| GO | – General Obligation |
| IDR | – Industrial Development Revenue Bonds |
| INS | – Insurer |
| LIBOR | – London Interbank Offered Rate |
| NATL | – National Public Finance Guarantee Corp. |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| RN | – Revenue Notes |
| USD | – U.S. Dollar |

---

Notes to Schedule of Investments:

<sup>(a)</sup> Principal and/or interest payments are secured by the bond insurance company listed.

<sup>(b)</sup> Security subject to the alternative minimum tax.

<sup>(c)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2022.

<sup>(d)</sup> Restricted security. The aggregate value of these securities at November 30, 2022 was $18,587,380, which represented 2.41% of the Fund's Net Assets. 

<sup>(e)</sup> Underlying security related to TOB Trusts entered into by the Fund.

<sup>(f)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at November 30, 2022 was $11,938,580, which represented 1.55% of the Fund's Net Assets. 

<sup>(g)</sup> Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

<sup>(h)</sup> Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

<sup>(i)</sup> Zero coupon bond issued at a discount.

<sup>(j)</sup> Security is subject to a reimbursement agreement which may require the Fund to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the TOB Trusts. In case of a shortfall, the maximum potential amount of payments the Fund could ultimately be required to make under the agreement is $3,380,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts. 

<sup>(k)</sup> Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date.

<sup>(l)</sup> Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at November 30, 2022 was $4,952,803, which represented less than 1% of the Fund's Net Assets. 

<sup>(m)</sup> Security valued using significant unobservable inputs (Level 3). See Note 1.

<sup>(n)</sup> The issuer is paying less than stated interest, but is not in default on principal because scheduled principal payments have not yet begun.

<sup>(o)</sup> This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuer's obligations but may be called upon to satisfy the issuer's obligations. 

---

| | |
|:---|:---|
| **Entity** | **Percent** |
|  Assured Guaranty Municiple Corp. | 6.37% |

---

<sup>(p)</sup> Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2022. At November 30, 2022, the Fund's investments with a value of $14,563,527 are held by TOB Trusts and serve as collateral for the $9,510,000 in the floating rate note obligations outstanding at that date. 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Pennsylvania Municipal Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings** 

*November 30, 2022* 

*(Unaudited)* 

**NOTE 1–Additional Valuation Information** 

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

---

| | |
|:---|:---|
| Level 1 - | Prices are determined using quoted prices in an active market for identical assets. |
| Level 2 - | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. |
| Level 3 - | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Investments in Securities** |  |  |  |  |
|  Municipal Obligations | $– | $776189829 | $3749610 | $779939439 |

---

**Invesco Pennsylvania Municipal Fund**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

- **b. Investment Company Act file number:** 811-07890

- **c. CIK number of Registrant:** 0000909466

- **d. LEI of Registrant:** SW0MHD1146AQ1M76HG37

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Pennsylvania Municipal Fund

- **b. EDGAR series identifier (if any):** S000064637

- **c. LEI of Series:** 549300SOV48MO33XSK28

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $792238623.02

**Total Liabilities:** $15621754.70

**Net Assets:** $776616868.32

**Delayed Delivery Securities:** $3145080.00

**Cash Not Reported:** $1071674.48

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -741.47311230 | **1-Year:** -24612.38805508 | **5-Year:** -111605.26970972 | **10-Year:** -202193.02563178 | **30-Year:** -106003.01110414

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

- **3-Month:** -785.17530773 | **1-Year:** -6433.43006617 | **5-Year:** -22700.57790511 | **10-Year:** -42797.68710110 | **30-Year:** -19278.46126907

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209267 | -4.04%               | -1.89%               | 5.29%                |
| Class ID C000209269 | -3.96%               | -1.82%               | 5.44%                |
| Class ID C000209274 | -4.05%               | -1.72%               | 5.35%                |
| Class ID C000209275 | -4.07%               | -1.84%               | 5.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-723747.60              | $-33656058.93                              |
| Month 2  | $-1640104.73             | $-14091456.18                              |
| Month 3  | $-1676452.65             | $39197436.67                               |

**Designated Index Information**

- **Index Name:** Bloomberg Barclays Municipal Index

- **Index Identifier:** 100% BM-Securities only

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| West Shore School District                                                                                                                            | West Shore School District, Series 2020, GO Bonds                                                                                                      | CUSIP: 955819UY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1910803.60   | 0.25%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2017 A-1, RB                                                                                | CUSIP: 709224YZ6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1132276.95   | 0.15%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Villanova University)                                                                                             | Delaware (County of), PA Authority (Villanova University), Series 2015, RB                                                                             | CUSIP: 245913LV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $222874.63    | 0.03%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2019, RB                                                         | CUSIP: 353273CF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2387028.30   | 0.31%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University (The)                                                                                                                   | Pennsylvania State University (The), Series 2017 A, RB                                                                                                 | CUSIP: 709235YZ2<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632568.75   | 0.34%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2020 C, RB                                | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $651749.29    | 0.08%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) Waterworks Authority                                                                                                              | Guam (Territory of) Waterworks Authority, Series 2014 A, Ref. RB                                                                                       | CUSIP: 40065FBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $288938.04    | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA Water & Sewer Authority                                                                                                      | Pittsburgh (City of), PA Water & Sewer Authority, Series 2020 B, RB                                                                                    | CUSIP: 725304WE5<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954792.40    | 0.12%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments)                                                        | Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments), Series 2017, RB                                        | CUSIP: 717908AH0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10026720.00  | 1.29%             | 2058-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement)                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement), Series 2015, RB                       | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11750000 | PA      | $11780320.88  | 1.52%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2019, RB                                                         | CUSIP: 353273CC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $649251.98    | 0.08%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania)  | Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania),  | CUSIP: 18051UAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009794.90   | 0.13%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dauphin (County of), PA General Authority (Pinnacle Health System)                                                                                    | Dauphin (County of), PA General Authority (Pinnacle Health System), Series 2016 A, Ref. RB                                                             | CUSIP: 23825EDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $528348.22    | 0.07%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority                                                                                                                         | Delaware River Port Authority, Series 2013, RB                                                                                                         | CUSIP: 246352GF9<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |   2510000 | PA      | $2543903.07   | 0.33%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bethlehem Area School District                                                                                                                        | Bethlehem Area School District, Series 2015 A, GO Bonds                                                                                                | CUSIP: 087365UM2<br>LEI: 549300PVLLD0D81XYN53 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3157505.40   | 0.41%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA (Philadelphia Gas Works Co.)                                                                                               | Philadelphia (City of), PA (Philadelphia Gas Works Co.), Series 2017 15, Ref. RB                                                                       | CUSIP: 71783MAZ8<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3736924.91   | 0.48%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority                                                                                          | Northampton (County of), PA Industrial Development Authority, Series 2013 A, RB                                                                        | CUSIP: 663547AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14826610 | PA      | $2668789.80   | 0.34%             | 2023-12-31      | Fixed         | 5.00%                 | Yes           |                  3 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2007 A, Ref. GO Bonds                                                                                       | CUSIP: 717883ER9<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    535000 | PA      | $559233.57    | 0.07%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Masonic Villages)                                                                                       | Lancaster (County of), PA Hospital Authority (Masonic Villages), Series 2015, Ref. RB                                                                  | CUSIP: 514045F40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $213421.01    | 0.03%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Harrisburg School)                                                                   | Pennsylvania (Commonwealth of) Public School Building Authority (Harrisburg School), Series 2016 A, Ref. RB                                            | CUSIP: 85732TKT8<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    910000 | PA      | $956553.69    | 0.12%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue)                                             | Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB                      | CUSIP: 01728A4A1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |  15615000 | PA      | $15811853.62  | 2.04%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority (Port District)                                                                                                         | Delaware River Port Authority (Port District), Series 2012, Ref. RB                                                                                    | CUSIP: 246348FP6<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    535000 | PA      | $536060.53    | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Tower Health)                                                                                 | Berks (County of), PA Industrial Development Authority (Tower Health), Series 2017, Ref. RB                                                            | CUSIP: 08451PAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8480000 | PA      | $5645344.61   | 0.73%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Trustees University of Pennsylvania)                                          | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Trustees University of Pennsylvania), Series 2017 A, RB                        | CUSIP: 70917SD59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2312187.46   | 0.30%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                                                                                       | Pennsylvania Higher Education Assistance Agency, Series 2021 A, Tax Exempt RB                                                                          | CUSIP: 70878CAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423923.04    | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA                                                                                                                             | Allegheny (County of), PA, Series 2016 C-76, GO Bonds                                                                                                  | CUSIP: 01728VTH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14320000 | PA      | $15151824.46  | 1.95%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRK3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |     91000 | PA      | $79395.68     | 0.01%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority (Geisinger Health System)                                                                                                         | Geisinger Authority (Geisinger Health System), Series 2017 A-1, Ref. RB                                                                                | CUSIP: 368497HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16655000 | PA      | $16906072.46  | 2.18%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2017, Ref. GO Bonds                                                                                                 | CUSIP: 717813TL3<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054180.30   | 0.14%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Latrobe (City of), PA Industrial Development Authority (Seton Hill University)                                                                        | Latrobe (City of), PA Industrial Development Authority (Seton Hill University), Series 2021, Ref. RB                                                   | CUSIP: 518324AV0<br>LEI: 5493008FA05J2R0XCZ14 | Long             | DBT              | MUN               | US        |    485000 | PA      | $381290.17    | 0.05%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                                                                           | Commonwealth of Puerto Rico                                                                                                                            | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    198486 | PA      | $88822.49     | 0.01%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA (Lehigh Valley Health Network)                                                                                                 | Lehigh (County of), PA (Lehigh Valley Health Network), Series 2019 A, Ref. RB                                                                          | CUSIP: 52480GDU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015081.60   | 0.13%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC)                                                                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC), Series 2020 A-1, RB                                                    | CUSIP: 70870JCK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1343895.30   | 0.17%             | 2050-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Erie (City of), PA Higher Education Building Authority (Gannon University)                                                                            | Erie (City of), PA Higher Education Building Authority (Gannon University), Series 2013, RB                                                            | CUSIP: 295435BA8<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |   7840000 | PA      | $7845056.02   | 1.01%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                                           | Coatesville School District, Series 2020 B, Ref. GO Bonds                                                                                              | CUSIP: 190684PV6<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $310613.70    | 0.04%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania)  | Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania),  | CUSIP: 18051VBF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3589409.25   | 0.46%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Neumann University)                                                                                               | Delaware (County of), PA Authority (Neumann University), Series 2016, Ref. RB                                                                          | CUSIP: 246008NT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1446356.62   | 0.19%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority (Messiah Village)                                                                                      | Cumberland (County of), PA Municipal Authority (Messiah Village), Series 2018, Ref. RB                                                                 | CUSIP: 230614NE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3062688.29   | 0.39%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 A, Ref. RB                                         | CUSIP: 08452RAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1113564.26   | 0.14%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (Thomas Jefferson University)                                                             | Philadelphia (City of), PA Industrial Development Authority (Thomas Jefferson University), Series 2017 A, Ref. RB                                      | CUSIP: 71781XCQ4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |  17635000 | PA      | $17735281.43  | 2.28%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2019, Ref. RB                                        | CUSIP: 165579GP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $236185.78    | 0.03%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2016 F, Ref. GO Bonds                                                                                       | CUSIP: 717883TH5<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051969.00   | 0.14%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA                                                                                                                              | Pittsburgh (City of), PA, Series 2021, GO Bonds                                                                                                        | CUSIP: 725209QC7<br>LEI: 549300EZQQVTL1QEIU17 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600492.30    | 0.08%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland (County of), PA Municipal Authority                                                                                                      | Westmoreland (County of), PA Municipal Authority, Series 2016, Ref. RB                                                                                 | CUSIP: 961017QQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066384.80   | 0.27%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania) | East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania), | CUSIP: 273007BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $866626.84    | 0.11%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                      | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2003 H, Ref. RB                                                               | CUSIP: 745190L22<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    325000 | PA      | $65812.50     | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2006, RB                                                                                                    | CUSIP: 88880RAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $1641213.37   | 0.21%             | 2035-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                                                                                     | Philadelphia Authority for Industrial Development, Series 2022, RB                                                                                     | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058242.80   | 0.27%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority                                                                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority, Series 2022, Ref. RB                                                      | CUSIP: 018444BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961144.80   | 0.25%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (University of the Arts)                                                                  | Philadelphia (City of), PA Industrial Development Authority (University of the Arts), Series 2017, Ref. RB                                             | CUSIP: 71781XEJ8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    540000 | PA      | $488174.47    | 0.06%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2017 A, RB                                                                                  | CUSIP: 709224VB2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5225815.00   | 0.67%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Landis Homes Retirement Community)                                                                      | Lancaster (County of), PA Hospital Authority (Landis Homes Retirement Community), Series 2015, Ref. RB                                                 | CUSIP: 514045J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $586376.69    | 0.08%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA                                                                                                                              | Pittsburgh (City of), PA, Series 2022, GO Bonds                                                                                                        | CUSIP: 725209QY9<br>LEI: 549300EZQQVTL1QEIU17 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1336856.00   | 0.17%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5001.59      | 0.00%             | 2033-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DuBois (City of), PA Hospital Authority (Penn Highlands Healthcare)                                                                                   | DuBois (City of), PA Hospital Authority (Penn Highlands Healthcare), Series 2018, Ref. RB                                                              | CUSIP: 263804BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $663013.26    | 0.09%             | 2048-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southcentral Pennsylvania General Authority (Hanover Hospital, Inc.)                                                                                  | Southcentral Pennsylvania General Authority (Hanover Hospital, Inc.), Series 2015, Ref. RB                                                             | CUSIP: 84129NKJ7<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040259.20   | 0.13%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA (Lehigh Valley Health Network)                                                                                                 | Lehigh (County of), PA (Lehigh Valley Health Network), Series 2019, Ref. RB                                                                            | CUSIP: 52480GDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2252174.00   | 0.29%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                                           | Coatesville School District, Series 2020 C, Ref. GO Bonds                                                                                              | CUSIP: 190684PX2<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    640000 | PA      | $397585.54    | 0.05%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2017 B, Ref. RB                                                                                                     | CUSIP: 717817UM0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |  19700000 | PA      | $19909300.68  | 2.56%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southcentral Pennsylvania General Authority (WellSpan Health Obligated Group)                                                                         | Southcentral Pennsylvania General Authority (WellSpan Health Obligated Group), Series 2019 A, Ref. RB                                                  | CUSIP: 84129NME6<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    750000 | PA      | $778177.35    | 0.10%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Widener College)                                                              | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Widener College), Series 2014, Ref. RB                                         | CUSIP: 70917SLY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010784.80   | 0.13%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                                           | Coatesville School District, Series 2020 A, GO Bonds                                                                                                   | CUSIP: 190684PQ7<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    300000 | PA      | $176487.60    | 0.02%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1409317 | PA      | $1444634.34   | 0.19%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2017 A, Ref. GO Bonds                                                                                               | CUSIP: 717813VV8<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    700000 | PA      | $740392.45    | 0.10%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Elywn)                                                                                                            | Delaware (County of), PA Authority (Elywn), Series 2017, Ref. RB                                                                                       | CUSIP: 245913MZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $406263.38    | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities)                                                                  | Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities), Series 2019, RB                                                  | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1939744.61   | 0.25%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System)                                                          | Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System), Series 2014, Ref. RB                                     | CUSIP: 613603TK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $392544.48    | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Parking Authority                                                                                                          | Philadelphia (City of), PA Parking Authority, Series 1999 A, RB                                                                                        | CUSIP: 717842FX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25057.83     | 0.00%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority                                                                                              | Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority, Series 2008 A, RB                                                                            | CUSIP: 745160PX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $754916.11    | 0.10%             | 2024-07-01      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Eastern University)                                                                                               | Delaware (County of), PA Authority (Eastern University), Series 2012, RB                                                                               | CUSIP: 245913KZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5215000 | PA      | $5055046.56   | 0.65%             | 2032-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                                                                                       | Pennsylvania Higher Education Assistance Agency, Series 2021 A, Tax Exempt RB                                                                          | CUSIP: 70878CAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1659474.60   | 0.21%             | 2042-06-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Pottsville (City of), PA Hospital Authority (Lehigh Valley)                                                                                           | Pottsville (City of), PA Hospital Authority (Lehigh Valley), Series 2016 B, Ref. RB                                                                    | CUSIP: 738435CP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4073265.60   | 0.52%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2019 A, GO Bonds                                                                                            | CUSIP: 717883WD0<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   7050000 | PA      | $7005960.06   | 0.90%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Brethren Village)                                                                                       | Lancaster (County of), PA Hospital Authority (Brethren Village), Series 2017, Ref. RB                                                                  | CUSIP: 514045S46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1063425.77   | 0.14%             | 2037-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Chatham University)                                                                    | Allegheny (County of), PA Higher Education Building Authority (Chatham University), Series 2022, Ref. RB                                               | CUSIP: 01728RPW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $541047.59    | 0.07%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    724837 | PA      | $728013.38    | 0.09%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Aliquippa School District                                                                                                                             | Aliquippa School District, Series 2018, Ref. GO Bonds                                                                                                  | CUSIP: 016364CZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1755435.15   | 0.23%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University)                                                  | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University), Series 2015, Ref. RB                             | CUSIP: 70917SNP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1083134.46   | 0.14%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) (Municipal Real Estate Funding, LLC)                                                                                   | Pennsylvania (Commonwealth of) (Municipal Real Estate Funding, LLC), Series 2018 A, Ref. COP                                                           | CUSIP: 709144PA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $621938.23    | 0.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2021 A, GO Bonds                                                                                                    | CUSIP: 717813ZD4<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2469111.50   | 0.32%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2700362.75   | 0.35%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2014 A-1, RB                                                                                | CUSIP: 709224DJ5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073244.80   | 0.27%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2001, RB                                                                                                    | CUSIP: 88880RAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340354.01    | 0.04%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System)                                     | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System), Series 2017 A, RB                   | CUSIP: 70917SS79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1118304.55   | 0.14%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Sustainability Bonds)                                                                       | Chester (County of), PA Industrial Development Authority (Sustainability Bonds), Series 2021, RB                                                       | CUSIP: 165588FJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9840000 | PA      | $9136922.16   | 1.18%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Scranton School District                                                                                                                              | Scranton School District, Series 2017 E, Ref. GO Bonds                                                                                                 | CUSIP: 810827XH3<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    750000 | PA      | $806263.95    | 0.10%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System)                                        | Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System), Series 2017, Ref. RB                   | CUSIP: 717903L71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033046.20   | 0.13%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2018 A-2, RB                                                                                | CUSIP: 709224K57<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6218025.60   | 0.80%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2020 C, Ref. RB                                                                                                     | CUSIP: 717817WW6<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   3725000 | PA      | $3300626.02   | 0.43%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA                                                                                                                             | Allegheny (County of), PA, Series 2020 C-78, GO Bonds                                                                                                  | CUSIP: 01728VVE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1020322.44   | 0.13%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2017 A, RB                                                                                                          | CUSIP: 717893D32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2167191.47   | 0.28%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (State of) Turnpike Commission                                                                                                           | Pennsylvania (State of) Turnpike Commission, Series 2009 E, RB                                                                                         | CUSIP: 7092237Q8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2867573.00   | 0.37%             | 2038-12-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Erie (City & County of), PA City Water Authority                                                                                                      | Erie (City & County of), PA City Water Authority, Series 2018 A, Ref. RB                                                                               | CUSIP: 295542NU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1350244.10   | 0.17%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cheltenham (Township of), PA                                                                                                                          | Cheltenham (Township of), PA, Series 2018, GO Bonds                                                                                                    | CUSIP: 163483VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $171376.22    | 0.02%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 A, Ref. RB                                         | CUSIP: 08452RAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $472691.45    | 0.06%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University)                                                          | Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2019, Ref. RB                                     | CUSIP: 613603B40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3534196.00   | 0.46%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                                              | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 1998 A, Ref. RB                                       | CUSIP: 01729EGM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $147547.71    | 0.02%             | 2028-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cheltenham (Township of), PA                                                                                                                          | Cheltenham (Township of), PA, Series 2018, GO Bonds                                                                                                    | CUSIP: 163483VU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2660140.45   | 0.34%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Mariana Islands (Commonwealth of) Ports Authority                                                                                            | Northern Mariana Islands (Commonwealth of) Ports Authority, Series 1998 A, RB                                                                          | CUSIP: 665376AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $731571.57    | 0.09%             | 2028-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2015 B, RB                                                                                  | CUSIP: 709224KS7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062948.00   | 0.14%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2021 A, GO Bonds                                                                                            | CUSIP: 717883YS5<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1828015.00   | 0.24%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Mariana Islands (Commonwealth of) Ports Authority                                                                                            | Northern Mariana Islands (Commonwealth of) Ports Authority, Series 1998 A, RB                                                                          | CUSIP: 66537RAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $557125.55    | 0.07%             | 2028-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Clairton (City of), PA Municipal Authority                                                                                                            | Clairton (City of), PA Municipal Authority, Series 2012 B, RB                                                                                          | CUSIP: 179630CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001880.40   | 0.39%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Main Line Health System)                                                             | Chester (County of), PA Health & Education Facilities Authority (Main Line Health System), Series 2017 A, Ref. RB                                      | CUSIP: 16557HEC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066930.20   | 0.27%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Subseries 2022, RN                                                                                                      | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6771108 | PA      | $3089318.07   | 0.40%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Doylestown (City of), PA Hospital Authority                                                                                                           | Doylestown (City of), PA Hospital Authority, Series 2019 A, RB                                                                                         | CUSIP: 261333FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $181318.93    | 0.02%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District                                                                                                                     | Wilkes-Barre Area School District, Series 2016 B, GO Bonds                                                                                             | CUSIP: 968261MU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2801175.52   | 0.36%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Longwood Gardens)                                                                           | Chester (County of), PA Industrial Development Authority (Longwood Gardens), Series 2019, RB                                                           | CUSIP: 165588EM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1558476.43   | 0.20%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017, RB                                                | CUSIP: 08452RAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $581838.12    | 0.07%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Penn State Health)                                                                                      | Lancaster (County of), PA Hospital Authority (Penn State Health), Series 2021, RB                                                                      | CUSIP: 514045W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1578993.37   | 0.20%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2019, Ref. RB                                        | CUSIP: 165579GN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $131012.09    | 0.02%             | 2029-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Scranton School District                                                                                                                              | Scranton School District, Series 2017 E, Ref. GO Bonds                                                                                                 | CUSIP: 810827XG5<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    820000 | PA      | $884349.17    | 0.11%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA Water & Sewer Authority                                                                                                      | Pittsburgh (City of), PA Water & Sewer Authority, Series 2013 A, Ref. RB                                                                               | CUSIP: 725304SL4<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507039.70    | 0.07%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 XX, RB                                                                             | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $1815412.50   | 0.23%             | 2040-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Coatesville School District                                                                                                                           | Coatesville School District, Series 2020 A, GO Bonds                                                                                                   | CUSIP: 190684PU8<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $1258806.42   | 0.16%             | 2038-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority (Port District)                                                                                                         | Delaware River Port Authority (Port District), Series 2012, Ref. RB                                                                                    | CUSIP: 246348FM3<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    540000 | PA      | $541070.44    | 0.07%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2005 A, RB                                                                                                               | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  53320000 | PA      | $9240515.96   | 1.19%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2006, RB                                                                                                    | CUSIP: 88880RAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $2755953.90   | 0.35%             | 2035-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University (The)                                                                                                                   | Pennsylvania State University (The), Series 2016 A, RB                                                                                                 | CUSIP: 709235XF7<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1519295.92   | 0.20%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2016 F, Ref. GO Bonds                                                                                       | CUSIP: 717883TD4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10649919.00  | 1.37%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC)                                                                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC), Series 2021 A, Ref. RB                                                 | CUSIP: 70870JDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2451835.10   | 0.32%             | 2051-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority                                                                               | Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2013 C, RB                                                             | CUSIP: 70870EDE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $258337.18    | 0.03%             | 2044-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2019 B, RB                                                                                                          | CUSIP: 717893N64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11030000 | PA      | $11530446.54  | 1.48%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School)                                                         | Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School), Series 2014, RB                                         | CUSIP: 165588CZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2221762.17   | 0.29%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Avon Grove Charter School)                                                                  | Chester (County of), PA Industrial Development Authority (Avon Grove Charter School), Series 2017 A, Ref. RB                                           | CUSIP: 165588DR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $765370.91    | 0.10%             | 2051-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland (County of), PA Industrial Development Authority (Excela Health)                                                                         | Westmoreland (County of), PA Industrial Development Authority (Excela Health), Series 2020 A, Ref. RB                                                  | CUSIP: 960875AM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1271410.42   | 0.16%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Municipal Authority (Reading Hospital Medical Center)                                                                           | Berks (County of), PA Municipal Authority (Reading Hospital Medical Center), Series 2012 A, RB                                                         | CUSIP: 084538GV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $713283.80    | 0.09%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Holy Family University)                                                       | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Holy Family University), Series 2013 A, RB                                     | CUSIP: 70917SHQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $328395.74    | 0.04%             | 2033-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Harrisburg School)                                                                   | Pennsylvania (Commonwealth of) Public School Building Authority (Harrisburg School), Series 2016 A, Ref. RB                                            | CUSIP: 85732TKJ0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    145000 | PA      | $157304.54    | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.)                                                                    | Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.), Series 2019, Ref. RB                                               | CUSIP: 613609K62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019162.10   | 0.13%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $562267.44    | 0.07%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Industrial Development Authority (Mercy Health Corp. of Southeastern PA)                                                     | Delaware (County of), PA Industrial Development Authority (Mercy Health Corp. of Southeastern PA), Series 2016 A, RB                                   | CUSIP: 246018GA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1918610.72   | 0.25%             | 2046-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2015 B, RB                                                                                  | CUSIP: 709224KR9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532133.80    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University)                                       | Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University), Series 2010 A, IDR                    | CUSIP: 7178185B0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1729881.50   | 0.22%             | 2030-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University)                                       | Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University), Series 2010 A, IDR                    | CUSIP: 7178185C8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3810993.60   | 0.49%             | 2042-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                                                                                               | City of Philadelphia PA Airport Revenue, Series 2021, RB                                                                                               | CUSIP: 717817XV7<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952959.30    | 0.12%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania) | East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania), | CUSIP: 273007AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011903.50   | 0.13%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Residential Finance Authority (Allegheny Independence House Apartments)                                                     | Allegheny (County of), PA Residential Finance Authority (Allegheny Independence House Apartments), Series 2007 B, RB                                   | CUSIP: 017353AK9<br>LEI: 549300VWEYQR7GL42W15 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1132080.22   | 0.15%             | 2043-01-20      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority (Diakon Lutheran)                                                                                      | Cumberland (County of), PA Municipal Authority (Diakon Lutheran), Series 2015, Ref. RB                                                                 | CUSIP: 230614SL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $635170.35    | 0.08%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA Urban Redevelopment Authority (Marian Plaza)                                                                                 | Pittsburgh (City of), PA Urban Redevelopment Authority (Marian Plaza), Series 2007, RB                                                                 | CUSIP: 72530PAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2482333.93   | 0.32%             | 2043-01-20      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (PresbyHomes Germantown/Morrisville)                                                  | Philadelphia (City of), PA Authority for Industrial Development (PresbyHomes Germantown/Morrisville), Series 2005 A, RB                                | CUSIP: 717824AL0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2414000 | PA      | $2463130.21   | 0.32%             | 2035-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA                                                                                                                             | Allegheny (County of), PA, Series 2018 C-77, GO Bonds                                                                                                  | CUSIP: 01728VUF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4960000 | PA      | $5315072.51   | 0.68%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2017 A, Ref. GO Bonds                                                                                               | CUSIP: 717813VU0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3771940.90   | 0.49%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 A, Ref. RB                                         | CUSIP: 08452RAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $560674.14    | 0.07%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reading School District                                                                                                                               | Reading School District, Series 2017, Ref. GO Bonds                                                                                                    | CUSIP: 755638ZG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1566747.60   | 0.20%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West)                                                  | Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West), Series 2019, RB                                  | CUSIP: 71781XGA5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    350000 | PA      | $312155.13    | 0.04%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (First Philadelphia Preparatory Charter School)                                           | Philadelphia (City of), PA Industrial Development Authority (First Philadelphia Preparatory Charter School), Series 2014 A, RB                         | CUSIP: 71781XAS2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    875000 | PA      | $914646.08    | 0.12%             | 2033-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Industrial Development Authority (Landis Homes Retirement Community)                                                          | Lancaster (City of), PA Industrial Development Authority (Landis Homes Retirement Community), Series 2021, Ref. RB                                     | CUSIP: 51434NAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1340127.00   | 0.17%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                                                                                          | Commonwealth of Pennsylvania, Series 2022, GO Bonds                                                                                                    | CUSIP: 70914PZ62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2233646.80   | 0.29%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Swarthmore (Borough of), PA Authority (Swarthmore College)                                                                                            | Swarthmore (Borough of), PA Authority (Swarthmore College), Series 2021 B, Ref. RB                                                                     | CUSIP: 870000PD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3016976.70   | 0.39%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                                                                                                | State Public School Building Authority, Series 2016, Ref. RB                                                                                           | CUSIP: 85732GXC9<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5444.07      | 0.00%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living)                                                  | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living), Series 2021, Ref. RB                             | CUSIP: 70869PNK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1654600.40   | 0.21%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                                              | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 2017, RB                                              | CUSIP: 01728RMT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1420623.30   | 0.18%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), First Series 2020, GO Bonds                                                                                            | CUSIP: 70914PS94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1781187.50   | 0.23%             | 2040-05-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group)                                                                         | Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group), Series 2014 A, RB                                                       | CUSIP: 52480RCF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5158145 | PA      | $4823238.51   | 0.62%             | 2044-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority (Misericordia University)                                                                                             | Dallas Area Municipal Authority (Misericordia University), Series 2019, Ref. RB                                                                        | CUSIP: 235171AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3771576.00   | 0.49%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2017 A, RB                                                                                                          | CUSIP: 717893D24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1963443.42   | 0.25%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (MaST I Charter School)                                                                   | Philadelphia (City of), PA Industrial Development Authority (MaST I Charter School), Series 2016 A, Ref. RB                                            | CUSIP: 71781XBX0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1522937.40   | 0.20%             | 2046-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)                                              | Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB                         | CUSIP: 717824AQ9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $856677.60    | 0.11%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Susquehanna Area Regional Airport Authority                                                                                                           | Susquehanna Area Regional Airport Authority, Series 2012 A, RB                                                                                         | CUSIP: 86909RBD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1187251.62   | 0.15%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Penn Hills School District                                                                                                                            | Penn Hills School District, Series 2020, Ref. GO Bonds                                                                                                 | CUSIP: 707487KG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3258051.20   | 0.42%             | 2042-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Germantown Academy)                                                                      | Montgomery (County of), PA Industrial Development Authority (Germantown Academy), Series 2021, Ref. RB                                                 | CUSIP: 613609L38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2251981.61   | 0.29%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills)                                                                                  | Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills), Series 2004, RB                                                                  | CUSIP: 017347HW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6362105 | PA      | $5725894.07   | 0.74%             | 2023-07-01      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), First Series 2001, GO Bonds                                                                                            | CUSIP: 70914PU75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5256738.50   | 0.68%             | 2033-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019 A, RB                                                                                  | CUSIP: 709224S83<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061768.00   | 0.14%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement)                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement), Series 2015, RB                       | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $462068.67    | 0.06%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network)                                                          | Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2016, Ref. RB                                     | CUSIP: 66353RCB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $340379.52    | 0.04%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority (Messiah Village)                                                                                      | Cumberland (County of), PA Municipal Authority (Messiah Village), Series 2018, Ref. RB                                                                 | CUSIP: 230614ND7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1527631.87   | 0.20%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania) | East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania), | CUSIP: 273007BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1120273.72   | 0.14%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Housing Authority                                                                                                          | Philadelphia (City of), PA Housing Authority, Series 2017, RB                                                                                          | CUSIP: 71783PAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2506873.85   | 0.32%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority                                                                                              | Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority, Series 2022 A, Ref. RB                                                                       | CUSIP: 745160UC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008646.00   | 0.26%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2008 A, RB                                                                                                               | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 415530000 | PA      | $27552630.82  | 3.55%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Erie (City of), PA Higher Education Building Authority (AICUP Financing Program)                                                                      | Erie (City of), PA Higher Education Building Authority (AICUP Financing Program), Series 2021, RB                                                      | CUSIP: 295435CT6<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |    330000 | PA      | $321439.01    | 0.04%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1166764 | PA      | $995028.12    | 0.13%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Centre (County of), PA Hospital Authority (Mt. Nittany Medical Center)                                                                                | Centre (County of), PA Hospital Authority (Mt. Nittany Medical Center), Series 2016 A, Ref. RB                                                         | CUSIP: 156273FH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533722.75    | 0.07%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania)  | Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania),  | CUSIP: 18051VBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2506848.75   | 0.32%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center)                                                    | Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center), Series 2019 A, Ref. RB                             | CUSIP: 01728A5A0<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1006759.20   | 0.13%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwelath of) Electric Power Authority                                                                                                | Puerto Rico (Commonwelath of) Electric Power Authority, Series 2010 AAA, RB                                                                            | CUSIP: 74526QXX5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1065487.50   | 0.14%             | 2024-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Allentown City School District                                                                                                                        | Allentown City School District, Series 2018 B, GO Bonds                                                                                                | CUSIP: 018411TN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1321818.50   | 0.17%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Housing Corp.                                                                                                                                    | Guam Housing Corp., Series 1998 A, RB                                                                                                                  | CUSIP: 40064MBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $646575.09    | 0.08%             | 2031-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                                                                                                   | Allegheny County Sanitary Authority, Series 2022, RB                                                                                                   | CUSIP: 017357N75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3691481.95   | 0.48%             | 2052-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                      | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2003 AA-2, Ref. RB                                                            | CUSIP: 745181K97<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $700000.00    | 0.09%             | 2035-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Airport Authority                                                                                                           | Allegheny (County of), PA Airport Authority, Series 2021 A, RB                                                                                         | CUSIP: 01728LFL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5617482.00   | 0.72%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2019, Ref. RB                                        | CUSIP: 165579GQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6733991.20   | 0.87%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 SS, Ref. RB                                                                        | CUSIP: 74526QEU2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6024102.00   | 0.78%             | 2025-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Reading School District                                                                                                                               | Reading School District, Series 2017, Ref. GO Bonds                                                                                                    | CUSIP: 755638ZH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563900.90   | 0.20%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                             | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $558421.54    | 0.07%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2018 A-2, RB                                                                                | CUSIP: 709224K40<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    535000 | PA      | $560867.20    | 0.07%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Industrial Development Authority (Propel Charter School - Sunrise)                                                          | Allegheny (County of), PA Industrial Development Authority (Propel Charter School - Sunrise), Series 2013, RB                                          | CUSIP: 01730CAK4<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515428.85   | 0.20%             | 2038-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $399255.08    | 0.05%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maxatawny Township Municipal Authority                                                                                                                | Maxatawny Township Municipal Authority, Series 2022, RB                                                                                                | CUSIP: 57778PAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $914247.57    | 0.12%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Mercy Health Corp.)                                                                                               | Delaware (County of), PA Authority (Mercy Health Corp.), Series 1993 A, RB                                                                             | CUSIP: 245902AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10253.99     | 0.00%             | 2023-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities)                                                         | East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities), Series 2016, Ref. RB                                    | CUSIP: 273007CL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $657189.10    | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   6242000 | PA      | $1174508.45   | 0.15%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2017 B-1, RB                                                                                | CUSIP: 709224WR6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1685418.37   | 0.22%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District)                                                        | Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District), Series 2016 A, Ref. RB                                 | CUSIP: 85732GUB4<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3971915.63   | 0.51%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania)                 | Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania), Series 2013, RB | CUSIP: 16559PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $694360.05    | 0.09%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands (Government of) Public Finance Authority                                                                                               | Virgin Islands (Government of) Public Finance Authority, Series 2014 C, Ref. RB                                                                        | CUSIP: 927676TM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2269456.00   | 0.29%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2019 B, GO Bonds                                                                                                    | CUSIP: 717813XM6<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    145000 | PA      | $154600.44    | 0.02%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Collegium Charter School)                                                                   | Chester (County of), PA Industrial Development Authority (Collegium Charter School), Series 2017 A, RB                                                 | CUSIP: 165588DL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $621055.41    | 0.08%             | 2047-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2006, RB                                                                                                    | CUSIP: 88880RAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $934075.45    | 0.12%             | 2035-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QKW1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1073000.00   | 0.14%             | 2032-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Allentown City School District                                                                                                                        | Allentown City School District, Series 2018 B, GO Bonds                                                                                                | CUSIP: 018411TP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1325829.44   | 0.17%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.)                                                        | Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.), Series 2019, Ref. RB                                   | CUSIP: 663549NU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $910593.18    | 0.12%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA                                                                                                                              | Pittsburgh (City of), PA, Series 2021, GO Bonds                                                                                                        | CUSIP: 725209QB9<br>LEI: 549300EZQQVTL1QEIU17 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503136.15    | 0.06%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (County of), PA Redevelopment Authority (Victory Centre)                                                                                   | Washington (County of), PA Redevelopment Authority (Victory Centre), Series 2018, Ref. RB                                                              | CUSIP: 938618AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497816.30    | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Neumann University)                                                                                               | Delaware (County of), PA Authority (Neumann University), Series 2016, Ref. RB                                                                          | CUSIP: 246008NU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2323904.00   | 0.30%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Temple University)                                                                   | Philadelphia (City of), PA Authority for Industrial Development (Temple University), First Series 2015, Ref. RB                                        | CUSIP: 717794AM3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    530000 | PA      | $540626.13    | 0.07%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania)  | Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania),  | CUSIP: 18051VBD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1259630.24   | 0.16%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRL1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1216000 | PA      | $1111554.48   | 0.14%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                      | Pennsylvania Turnpike Commission, Series 2022, RB                                                                                                      | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3223179.30   | 0.42%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Housing Authority                                                                                                          | Philadelphia (City of), PA Housing Authority, Series 2017, RB                                                                                          | CUSIP: 71783PAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3434814.55   | 0.44%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                                                                                     | Philadelphia Authority for Industrial Development, Series 2014, RB                                                                                     | CUSIP: 717901AP7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1552731.90   | 0.20%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities)                                                         | East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities), Series 2016, Ref. RB                                    | CUSIP: 273007CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $380748.50    | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie (City of), PA Higher Education Building Authority (AICUP Financing Program)                                                                      | Erie (City of), PA Higher Education Building Authority (AICUP Financing Program), Series 2021, RB                                                      | CUSIP: 295435CR0<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |    200000 | PA      | $183205.32    | 0.02%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                                                                           | Commonwealth of Puerto Rico                                                                                                                            | CUSIP: 74514L4B0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     72943 | PA      | $70298.85     | 0.01%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (National Gypson Co.)                                                         | Pennsylvania (Commonwealth of) Economic Development Financing Authority (National Gypson Co.), Series 2014, Ref. RB                                    | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $630968.96    | 0.08%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC)                                                                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC), Series 2022 A, Ref. RB                                                 | CUSIP: 70870JEG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1332873.60   | 0.17%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $16957551.00  | 2.18%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2009 E, RB                                                                                  | CUSIP: 709223XW6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  11435000 | PA      | $13003054.11  | 1.67%             | 2038-12-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (State of) Higher Educational Facilities Authority (University of Pennsylvania Health)                                                   | Pennsylvania (State of) Higher Educational Facilities Authority (University of Pennsylvania Health), Series 2019, RB                                   | CUSIP: 70917S6W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9800423.00   | 1.26%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1432560 | PA      | $1467274.22   | 0.19%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)                                              | Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB                         | CUSIP: 717824AR7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $413000.75    | 0.05%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3F2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1445655 | PA      | $1466524.76   | 0.19%             | 2025-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Erie (City of), PA Higher Education Building Authority (AICUP Financing Program)                                                                      | Erie (City of), PA Higher Education Building Authority (AICUP Financing Program), Series 2021, RB                                                      | CUSIP: 295435CS8<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |    730000 | PA      | $629889.19    | 0.08%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities)                                                                  | Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities), Series 2019, RB                                                  | CUSIP: 514349CY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2875172.55   | 0.37%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Covanta Holding Corp.) (Green Bonds)                                         | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Covanta Holding Corp.) (Green Bonds), Series 2019 A, RB                       | CUSIP: 708692BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $949035.00    | 0.12%             | 2039-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp.                                                                                                                      | Puerto Rico Public Finance Corp., Series 2011 B, RB                                                                                                    | CUSIP: 745291UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5725000 | PA      | $214692.65    | 0.03%             | 2031-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Lancaster School District                                                                                                                             | Lancaster School District, Series 2020, GO Bonds                                                                                                       | CUSIP: 514383WR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $931806.45    | 0.12%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority (Diakon Lutheran)                                                                                      | Cumberland (County of), PA Municipal Authority (Diakon Lutheran), Series 2015, Ref. RB                                                                 | CUSIP: 230614RZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $538897.91    | 0.07%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School)                                                    | Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School), Series 2016 B, RB                                  | CUSIP: 71781XAX1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    640000 | PA      | $578713.47    | 0.07%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency                                                                                                 | Pennsylvania (Commonwealth of) Housing Finance Agency, Series 2019-131 A, RB                                                                           | CUSIP: 70879QGK3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2004572.00   | 0.26%             | 2044-10-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Richard Allen Preparatory Charter School)                                            | Philadelphia (City of), PA Authority for Industrial Development (Richard Allen Preparatory Charter School), Series 2006, RB                            | CUSIP: 717818Q92<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1513531.07   | 0.19%             | 2033-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (New Foundations Charter School)                                                          | Philadelphia (City of), PA Industrial Development Authority (New Foundations Charter School), Series 2012, RB                                          | CUSIP: 7178188A9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    750000 | PA      | $751100.48    | 0.10%             | 2041-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                                                                                                    | Southeastern Pennsylvania Transportation Authority, Series 2022, RB                                                                                    | CUSIP: 842039FR5<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4360336.00   | 0.56%             | 2052-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group)                                                                         | Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group), Series 2014 C, RB                                                       | CUSIP: 52480RCH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3237650 | PA      | $16371.18     | 0.00%             | 2044-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania)  | Clarion (County of), PA Industrial Development Authority (Clarion University Foundation, Inc. Student Housing at Clarion University of Pennsylvania),  | CUSIP: 18051UAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2363877.75   | 0.30%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Latrobe (City of), PA Industrial Development Authority (Seton Hill University)                                                                        | Latrobe (City of), PA Industrial Development Authority (Seton Hill University), Series 2021, Ref. RB                                                   | CUSIP: 518324AU2<br>LEI: 5493008FA05J2R0XCZ14 | Long             | DBT              | MUN               | US        |    485000 | PA      | $395221.36    | 0.05%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (Moravian College)                                                                              | Northampton (County of), PA General Purpose Authority (Moravian College), Series 2016, Ref. RB                                                         | CUSIP: 66353LCY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2292910.43   | 0.30%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1001392 | PA      | $836936.50    | 0.11%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Trinity Area School District                                                                                                                          | Trinity Area School District, Series 2021, GO Bonds                                                                                                    | CUSIP: 896417QC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1411788.76   | 0.18%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group)                                                                         | Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group), Series 2014 B, RB                                                       | CUSIP: 52480RCG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3735169 | PA      | $1937600.29   | 0.25%             | 2044-02-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Housing Authority                                                                                                          | Philadelphia (City of), PA Housing Authority, Series 2017, RB                                                                                          | CUSIP: 71783PAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1363207.30   | 0.18%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   3912000 | PA      | $985922.19    | 0.13%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1361508 | PA      | $1094280.47   | 0.14%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northeastern Pennsylvania (Commonwealth of) Hospital & Education Authority (Kings College)                                                            | Northeastern Pennsylvania (Commonwealth of) Hospital & Education Authority (Kings College), Series 2019, RB                                            | CUSIP: 664551CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994763.70    | 0.13%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Chatham University)                                                                    | Allegheny (County of), PA Higher Education Building Authority (Chatham University), Series 2022, Ref. RB                                               | CUSIP: 01728RPX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $542257.09    | 0.07%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments)                                                        | Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments), Series 2017, RB                                        | CUSIP: 717908AG2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1425873.12   | 0.18%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (Architecture & Design Charter High School)                                               | Philadelphia (City of), PA Industrial Development Authority (Architecture & Design Charter High School), Series 2013, RB                               | CUSIP: 7178188G6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3116240.56   | 0.40%             | 2043-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority                                                                                          | Northampton (County of), PA Industrial Development Authority, Series 2013, RB                                                                          | CUSIP: 663547AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6004557 | PA      | $1080820.26   | 0.14%             | 2023-12-31      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania)                 | Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania), Series 2013 A,  | CUSIP: 16559PAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978822.50    | 0.13%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority (Misericordia University)                                                                                             | Dallas Area Municipal Authority (Misericordia University), Series 2019, Ref. RB                                                                        | CUSIP: 235171AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1023284.54   | 0.13%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   5537000 | PA      | $5253564.85   | 0.68%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2019 B, RB                                                                                                          | CUSIP: 717893N56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4635000 | PA      | $4849570.84   | 0.62%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB                             | CUSIP: 61360PCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15015577.50  | 1.93%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Haverford School)                                                                        | Montgomery (County of), PA Industrial Development Authority (Haverford School), Series 2019, Ref. RB                                                   | CUSIP: 613609K88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2909028.53   | 0.37%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2B, RB                                                                                            | CUSIP: 74529JRR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1063000 | PA      | $990004.22    | 0.13%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Capital Region Parking System)                                               | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Capital Region Parking System), Series 2013, RB                               | CUSIP: 70870ECC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $942467.78    | 0.12%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), Series 2018 A, Ref. COP                                                                                                | CUSIP: 709144PB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $517274.75    | 0.07%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Tacony Academy Charter School)                                                       | Philadelphia (City of), PA Authority for Industrial Development (Tacony Academy Charter School), Series 2013 A-1, RB                                   | CUSIP: 71781XAE3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3135814.81   | 0.40%             | 2043-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                                              | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 2017, RB                                              | CUSIP: 01728RMS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $615156.33    | 0.08%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA Water & Sewer Authority                                                                                                      | Pittsburgh (City of), PA Water & Sewer Authority, Series 2020 B, RB                                                                                    | CUSIP: 725304WF2<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4064460.78   | 0.52%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2018 A, RB                                                                                                          | CUSIP: 717893J28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7299237.40   | 0.94%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                                                                                                   | Allegheny County Sanitary Authority, Series 2015, RB                                                                                                   | CUSIP: 017357A87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2209529.08   | 0.28%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania) | East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania), | CUSIP: 273007BD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258592.03    | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living)                                                  | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living), Series 2021, Ref. RB                             | CUSIP: 70869PNJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $605188.99    | 0.08%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Susquehanna Area Regional Airport Authority                                                                                                           | Susquehanna Area Regional Airport Authority, Series 2017, Ref. RB                                                                                      | CUSIP: 86909RBH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1382129.33   | 0.18%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1097842.20   | 0.14%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.)                                                  | Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.), Series 2017, Ref. RB                             | CUSIP: 613603XF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751970.03    | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.)                                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.), Series 2015, RB                                       | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $785845.51    | 0.10%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2021 A, GO Bonds                                                                                                    | CUSIP: 717813YV5<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1576158.39   | 0.20%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019 A, RB                                                                                  | CUSIP: 709224P60<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3648064.60   | 0.47%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                                           | Coatesville School District, Series 2020 B, Ref. GO Bonds                                                                                              | CUSIP: 190684PW4<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    980000 | PA      | $576526.16    | 0.07%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Erie (City & County of), PA City Water Authority                                                                                                      | Erie (City & County of), PA City Water Authority, Series 2014, Ref. RB                                                                                 | CUSIP: 295542LW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5234222.00   | 0.67%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West)                                                  | Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West), Series 2019, RB                                  | CUSIP: 71781XFY4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    350000 | PA      | $330496.39    | 0.04%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2019 A, GO Bonds                                                                                            | CUSIP: 717883WG3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058568.10   | 0.14%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                                                                                                | State Public School Building Authority, Series 2016, Ref. RB                                                                                           | CUSIP: 85732GXD7<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   4795000 | PA      | $4982367.50   | 0.64%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                      | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 1998 A, RB                                                                    | CUSIP: 745190Z92<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |     10000 | PA      | $2025.00      | 0.00%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536677.20    | 0.07%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks (County of), PA Industrial Development Authority (Pennswood Village)                                                                            | Bucks (County of), PA Industrial Development Authority (Pennswood Village), Series 2018, Ref. RB                                                       | CUSIP: 118612MV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270325.54    | 0.03%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Elywn)                                                                                                            | Delaware (County of), PA Authority (Elywn), Series 2017, Ref. RB                                                                                       | CUSIP: 245913NB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3211888.40   | 0.41%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.)                                                        | Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.), Series 2019, Ref. RB                                   | CUSIP: 663549NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $845561.28    | 0.11%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District                                                                                                                     | Wilkes-Barre Area School District, Series 2016 B, GO Bonds                                                                                             | CUSIP: 968261MV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2277001.89   | 0.29%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2020 A, RB                                                                                                          | CUSIP: 717893Q53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1315430.63   | 0.17%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Subseries 2022, RN                                                                                                      | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    189108 | PA      | $67133.29     | 0.01%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network)                                                          | Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2018 A, Ref. RB                                   | CUSIP: 66353RCF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8430000 | PA      | $7796144.09   | 1.00%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                                                                                             | University of Puerto Rico, Series 2006 P, Ref. RB                                                                                                      | CUSIP: 914811NU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3107864.18   | 0.40%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.)                                                        | Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.), Series 2019, Ref. RB                                   | CUSIP: 663549NT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $459757.95    | 0.06%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District)                                                        | Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District), Series 2016 A, Ref. RB                                 | CUSIP: 85732GUG3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   9520000 | PA      | $9981726.66   | 1.29%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2009 C, RB                                                                                  | CUSIP: 709223XA4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2229066.00   | 0.29%             | 2033-06-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 C, RB                                              | CUSIP: 08452RAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $449978.81    | 0.06%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center)                                                    | Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center), Series 2007 A-1, RB                                | CUSIP: 01728AH25<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    625000 | PA      | $613602.00    | 0.08%             | 2037-02-01      | Floating      | 3.79%                 | No            |                  2 | On Loan: No      |
| Mckeesport Area School District                                                                                                                       | Mckeesport Area School District, Series 2021 A, Ref. GO Bonds                                                                                          | CUSIP: 581408K42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5505000 | PA      | $5644413.57   | 0.73%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                      | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2002 D, RB                                                                    | CUSIP: 7451902B3<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    965000 | PA      | $960192.85    | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2021 A, RB                                                                                  | CUSIP: 709225BD7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  11500000 | PA      | $10185370.60  | 1.31%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maxatawny Township Municipal Authority                                                                                                                | Maxatawny Township Municipal Authority, Series 2022, RB                                                                                                | CUSIP: 57778PAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $705865.52    | 0.09%             | 2045-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                                                                                            | Delaware Valley Regional Finance Authority, Series 2002, RB                                                                                            | CUSIP: 246579GC4<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1204498.40   | 0.16%             | 2032-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (LaFayette College)                                                                             | Northampton (County of), PA General Purpose Authority (LaFayette College), Series 2017, Ref. RB                                                        | CUSIP: 66353LDK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6135000 | PA      | $6373212.23   | 0.82%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University (The)                                                                                                                   | Pennsylvania State University (The), Series 2019 A, RB                                                                                                 | CUSIP: 709235E84<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1432336.72   | 0.18%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University)                                                          | Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2022 B, Ref. RB                                   | CUSIP: 613603G52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3755000 | PA      | $3270793.88   | 0.42%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University)                                                             | Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University), Series 2020 A, Ref. RB                                      | CUSIP: 71780TAD5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1703029.47   | 0.22%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (La Salle University)                                                          | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (La Salle University), Series 2012, RB                                          | CUSIP: 70917R7G4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $982867.67    | 0.13%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019 A, RB                                                                                  | CUSIP: 709224S91<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9660000 | PA      | $10058724.23  | 1.30%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                                                                                             | University of Puerto Rico, Series 2006 Q, RB                                                                                                           | CUSIP: 914811PQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1248909.87   | 0.16%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1298041 | PA      | $1131035.04   | 0.15%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania) | East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania), | CUSIP: 273007AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1770831.13   | 0.23%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority (Geisinger Health System)                                                                                                         | Geisinger Authority (Geisinger Health System), Series 2017 A-1, Ref. RB                                                                                | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4600710.00   | 0.59%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2016 F, Ref. GO Bonds                                                                                       | CUSIP: 717883TE2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10631717.00  | 1.37%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                                                                                          | Commonwealth of Pennsylvania, Series 2014, GO Bonds                                                                                                    | CUSIP: 70914PVZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3084846.90   | 0.40%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Cultural and Commercials Corridors)                                                  | Philadelphia (City of), PA Authority for Industrial Development (Cultural and Commercials Corridors), Series 2016, Ref. RB                             | CUSIP: 71779QAQ5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    840000 | PA      | $878640.34    | 0.11%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                                                                                            | Philadelphia Gas Works Co., Series 2020, RB                                                                                                            | CUSIP: 71783MBZ7<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5294902.00   | 0.68%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2020 C, RB                                | CUSIP: 61360PCL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $293224.02    | 0.04%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Tacony Academy Charter School)                                                       | Philadelphia (City of), PA Authority for Industrial Development (Tacony Academy Charter School), Series 2013 A-1, RB                                   | CUSIP: 71781XAD5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031511.40   | 0.26%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                                                                                          | Northampton County General Purpose Authority, Series 2016, RB                                                                                          | CUSIP: 66353RCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1176273.77   | 0.15%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.)                                                  | Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.), Series 2017, Ref. RB                             | CUSIP: 613603XG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961380.90    | 0.12%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA Water & Sewer Authority                                                                                                      | Pittsburgh (City of), PA Water & Sewer Authority, Series 2019 A, RB                                                                                    | CUSIP: 725304VA4<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1273196.28   | 0.16%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1415950 | PA      | $1093606.29   | 0.14%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    434012 | PA      | $398834.42    | 0.05%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority (Penn State Health)                                                                                    | Cumberland (County of), PA Municipal Authority (Penn State Health), Series 2019, RB                                                                    | CUSIP: 230614PC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1864650.60   | 0.24%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Lehigh Valley Academy)                                                                              | Lehigh (County of), PA General Purpose Authority (Lehigh Valley Academy), Series 2022, RB                                                              | CUSIP: 52480EAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3213108.38   | 0.41%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                             | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3746236.00   | 0.48%             | 2042-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1368858 | PA      | $1406071.64   | 0.18%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President