# EDGAR Filing Document

**Accession Number:** 0001414040
**File Stem:** 0001752724-25-183431
**Filing Date:** 2025-7
**Character Count:** 62543
**Document Hash:** 0f0a3f773592b3b9643cbf1e4b724133
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-183431.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001752724-25-183431

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALPS ETF Trust
- **CENTRAL INDEX KEY:** 0001414040

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22175
- **FILM NUMBER:** 251165214

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. Box 328
- **CITY:** Denver
- **STATE:** CO
- **ZIP:** 80201-0328
- **BUSINESS PHONE:** 303.623.2577

**MAIL ADDRESS:**
- **STREET 1:** P.O. Box 328
- **CITY:** Denver
- **STATE:** CO
- **ZIP:** 80201-0328

## Series and Classes Contracts Data

### ALPS Intermediate Municipal Bond ETF (Series ID: S000075318)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000234248 | ALPS Intermediate Municipal Bond ETF | MNBD            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALPS ETF TRUST

- **b. Investment Company Act file number:** 811-22175

- **c. CIK number of Registrant:** 0001414040

- **d. LEI of Registrant:** 549300VF1907NYC4WM31

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

  - **Street Address 1:** 1290 BROADWAY SUITE 1000

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80203

  - **Telephone number:** 3036232577

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

- **a. Name of Series:** ALPS Intermediate Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000075318

- **c. LEI of Series:** 5493006RUFZBJW34VD51

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $37581047.83

**Total Liabilities:** $994827.16

**Net Assets:** $36586220.67

**Delayed Delivery Securities:** $979294.55

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 255.18210800 | **1-Year:** 1880.55735400 | **5-Year:** 5799.97701700 | **10-Year:** 9190.92647700 | **30-Year:** 820.99545700

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234248 | -1.11%               | -0.22%               | 0.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-24353.33               | $-465140.21                                |
| Month 2  | $-8071.17                | $-144911.02                                |
| Month 3  | $-9091.57                | $33748.82                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nebraska St Investment Fin Auth Sf Hsg Revenue                             | Nebraska Investment Finance Authority                                      | CUSIP: 63968MNY1<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    110000 | PA      | $109636.21    | 0.30%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Multnomah Cnty Or Sch Dist #7 Reynolds                                     | Multnomah County School District No 7 Reynolds                             | CUSIP: 625574KW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $324617.35    | 0.89%             | 2035-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| E-470 Co Public Highway Auth                                               | E-470 Public Highway Authority                                             | CUSIP: 26822LGT5<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |    500000 | PA      | $272466.70    | 0.74%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Tx Indep Sch Dist                                                | Fort Bend Independent School District                                      | CUSIP: 346843SZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $62573.99     | 0.17%             | 2051-08-01      | Floating      | 0.72%                 | No            |                  2 | On Loan: No      |
| Austin Tx Arpt Sys Revenue                                                 | City of Austin TX Airport System Revenue                                   | CUSIP: 052398HM9<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    200000 | PA      | $208482.60    | 0.57%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota St Hsg Dev Auth                                               | South Dakota Housing Development Authority                                 | CUSIP: 83756C2W4<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    135000 | PA      | $143259.06    | 0.39%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Texas St Muni Gas Acquisition & Sply Corp I Gas Sply Revenue               | Texas Municipal Gas Acquisition and Supply Corp. I                         | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25612.84     | 0.07%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Milwaukee Cnty Wi Arpt Revenue                                             | County of Milwaukee WI Airport Revenue                                     | CUSIP: 602248KS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126671.74    | 0.35%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyoming St Cmnty Dev Auth Hsg Revenue                                      | Wyoming Community Development Authority                                    | CUSIP: 98322QB22<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    910000 | PA      | $902240.89    | 2.47%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Illinois St Fin Auth Revenue                                               | Illinois Finance Authority                                                 | CUSIP: 45204EFB9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406432.48    | 1.11%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Auth Cooperative Dist Al Energy Supply Reve               | Southeast Energy Authority A Cooperative District                          | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    160000 | PA      | $167314.86    | 0.46%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas St Dept Of Hsg & Cmnty Affairs Resdl Mtg Revenue                     | Texas Department of Housing & Community Affairs                            | CUSIP: 882750RQ7<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    215000 | PA      | $162576.72    | 0.44%             | 2037-07-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Antelope Vly Ca Cmnty Clg Dist                                             | Antelope Valley Community College District                                 | CUSIP: 03667PLG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $318499.29    | 0.87%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Cnty Or Sch Dist #48j Beaverton                                 | Washington & Multnomah Counties School District No 48J Beaverton           | CUSIP: 938429T31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $136471.94    | 0.37%             | 2034-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| York Cnty Va Econ Dev Auth Poll Control Revenue                            | York County Economic Development Authority                                 | CUSIP: 98659AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302285.01    | 0.83%             | 2033-05-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Los Angeles Ca Dept Of Arpts Arpt Revenue                                  | City of Los Angeles Department of Airports                                 | CUSIP: 5444452N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $434838.38    | 1.19%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morris Mn Area Schs Indep Sch Dist # 2769                                  | Morris Area Schools Independent School District No 2769                    | CUSIP: 617877DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $573345.98    | 1.57%             | 2033-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Miami-dade Cnty Fl Aviation Revenue                                        | County of Miami-Dade FL Aviation Revenue                                   | CUSIP: 59333P7N2<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157717.80    | 0.43%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Ca Bond Fin Auth Natural Gas Purchase Revenue                   | Long Beach Bond Finance Authority                                          | CUSIP: 54241ABC6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |    430000 | PA      | $434896.32    | 1.19%             | 2027-11-15      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Salt Verde Az Financial Corp Senior Gas Revenue                            | Salt Verde Financial Corp.                                                 | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    675000 | PA      | $710321.27    | 1.94%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Of Portland Or Arpt Revenue                                           | Port of Portland OR Airport Revenue                                        | CUSIP: 7352403A9<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210802.06    | 0.58%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark Cnty Nv Poll Control Revenue                                         | County of Clark NV                                                         | CUSIP: 181008BE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $274585.22    | 0.75%             | 2036-01-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Illinois St Hsg Dev Auth Revenue                                           | Illinois Housing Development Authority                                     | CUSIP: 45203MUH2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    180000 | PA      | $194497.96    | 0.53%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas St Muni Gas Acquisition & Sply Corp I Gas Sply Revenue               | Texas Municipal Gas Acquisition and Supply Corp. I                         | CUSIP: 88256CAW9<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    330000 | PA      | $329889.78    | 0.90%             | 2026-12-15      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| Louisiana St Public Facs Auth Revenue                                      | Louisiana Public Facilities Authority                                      | CUSIP: 546398ST6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     65000 | PA      | $63316.34     | 0.17%             | 2036-02-15      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| Texas St Muni Gas Acquisition & Sply Corp V Gas Sply Revenue               | Texas Municipal Gas Acquisition & Supply Corp. V                           | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |    320000 | PA      | $337076.90    | 0.92%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Ny City Transitional Fin Auth Rev                                 | New York City Transitional Finance Authority                               | CUSIP: 64972JNH7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104639.01    | 0.29%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King Cnty Wa Swr Revenue                                                   | County of King WA Sewer Revenue                                            | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $113593.15    | 0.31%             | 2040-01-01      | Floating      | 2.84%                 | No            |                  2 | On Loan: No      |
| Michigan St Fin Auth Revenue                                               | Michigan Finance Authority                                                 | CUSIP: 59447T3W1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    275000 | PA      | $274028.04    | 0.75%             | 2047-04-15      | Floating      | 3.36%                 | No            |                  2 | On Loan: No      |
| North East Tx Indep Sch Dist                                               | North East Independent School District                                     | CUSIP: 659155QL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $413276.31    | 1.13%             | 2049-08-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Mobile Al Indl Dev Brd Poll Control Revenue                                | Industrial Development Board of the City of Mobile Alabama                 | CUSIP: 607167DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65128.49     | 0.18%             | 2034-06-01      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| New Mexico St Mtge Fin Auth                                                | New Mexico Mortgage Finance Authority                                      | CUSIP: 647201TX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $256044.75    | 0.70%             | 2053-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Clackamas & Yamhill Cntys Or Sch Dist #88j                      | Washington Clackamas & Yamhill Counties School District No 88J             | CUSIP: 937440DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $127552.96    | 0.35%             | 2039-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kentucky St Public Energy Auth Gas Sply Revenue                            | Kentucky Public Energy Authority                                           | CUSIP: 74440DDT8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    460000 | PA      | $457664.99    | 1.25%             | 2052-08-01      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Texas St Muni Gas Acquisition & Sply Corp Ii Gas Sply Revenu               | Texas Municipal Gas Acquisition and Supply Corp. II                        | CUSIP: 88255QAC3<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |    330000 | PA      | $331196.28    | 0.91%             | 2027-09-15      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| Missouri St Hsg Dev Commission Sf Mtge Revenue                             | Missouri Housing Development Commission                                    | CUSIP: 60637BVE7<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    170000 | PA      | $170444.69    | 0.47%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Auth Cooperative Dist Al Energy Supply Reve               | Southeast Energy Authority A Cooperative District                          | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    170000 | PA      | $175532.50    | 0.48%             | 2055-03-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois St Fin Auth Revenue                                               | Illinois Finance Authority                                                 | CUSIP: 45204FG74<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    300000 | PA      | $321161.43    | 0.88%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount San Antonio Ca Cmnty Clg Dist                                        | Mount San Antonio Community College District                               | CUSIP: 623040FW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $263433.83    | 0.72%             | 2043-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey St Transprtn Trust Fund Auth                                    | New Jersey Transportation Trust Fund Authority                             | CUSIP: 646136XJ5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    725000 | PA      | $571734.86    | 1.56%             | 2031-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Tx Indep Sch Dist                                                | Fort Bend Independent School District                                      | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152287.28    | 0.42%             | 2054-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| E-470 Co Public Highway Auth                                               | E-470 Public Highway Authority                                             | CUSIP: 26822LGS7<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |    300000 | PA      | $181445.58    | 0.50%             | 2035-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Bldg Auth Tn                                      | New Memphis Arena Public Building Authority                                | CUSIP: 64704CAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $332891.13    | 0.91%             | 2030-04-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Clackamas & Yamhill Cntys Or Sch Dist #88j                      | Washington Clackamas & Yamhill Counties School District No 88J             | CUSIP: 937440DU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $109212.93    | 0.30%             | 2041-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana St Fin Auth Hosp Revenue                                           | Indiana Finance Authority                                                  | CUSIP: 45471ARL8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151532.22    | 0.41%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & Cnty Co Arpt Revenue                                         | City & County of Denver Co. Airport System Revenue                         | CUSIP: 249182UW4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271003.78    | 0.74%             | 2035-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Met Washington Dc Arpts Auth Arpt Sys Revenue                              | Metropolitan Washington Airports Authority Aviation Revenue                | CUSIP: 592647LV1<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259271.58    | 0.71%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania St Turnpike Commission Turnpike Revenue                       | Pennsylvania Turnpike Commission                                           | CUSIP: 709224AX7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    750000 | PA      | $709709.70    | 1.94%             | 2037-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado St Hlth Facs Auth Revenue                                         | Colorado Health Facilities Authority                                       | CUSIP: 19648FSD7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78186.38     | 0.21%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma St Hsg Fin Agy Sf Mtge Revenue                                    | Oklahoma Housing Finance Agency                                            | CUSIP: 67886MVL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $421927.64    | 1.15%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc Ga Gas Supply Revenue                          | Main Street Natural Gas, Inc.                                              | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    160000 | PA      | $167458.29    | 0.46%             | 2054-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Ca Dept Of Wtr & Pwr Revenue                                   | Los Angeles Department of Water & Power                                    | CUSIP: 544532PR9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210128.44    | 0.57%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N Tx Tollway Auth Revenue                                                  | North Texas Tollway Authority                                              | CUSIP: 66285WCD6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    100000 | PA      | $58339.55     | 0.16%             | 2038-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Gtr Orlando Fl Aviation Auth Arpt Facs Revenue                             | Greater Orlando Aviation Authority                                         | CUSIP: 392274Z74<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    300000 | PA      | $311949.90    | 0.85%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington St Hlth Care Facs Auth                                          | Washington Health Care Facilities Authority                                | CUSIP: 93978HYG4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75671.40     | 0.21%             | 2042-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Kansas St Dept Of Transprtn Highway Revenue                                | State of Kansas Department of Transportation                               | CUSIP: 485424SZ9<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    385000 | PA      | $434563.98    | 1.19%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nthrn Ca Gas Auth #1 Gas Proj Revenue                                      | Northern California Gas Authority No 1                                     | CUSIP: 66483PAH4<br>LEI: 549300TLE6LHZ4MKO832 | Long             | DBT              | MUN               | US        |    185000 | PA      | $184829.04    | 0.51%             | 2027-07-01      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc Ga Gas Supply Revenue                          | Main Street Natural Gas, Inc.                                              | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    300000 | PA      | $314183.70    | 0.86%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota St Hsg Fin Agy                                                   | Minnesota Housing Finance Agency                                           | CUSIP: 60416S6S4<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    645000 | PA      | $641943.09    | 1.75%             | 2050-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New York Ny City Transitional Fin Auth Rev                                 | New York City Transitional Finance Authority                               | CUSIP: 64972JMB1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261597.53    | 0.72%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Tahoe Ca Unif Sch Dist                                                | Lake Tahoe Unified School District                                         | CUSIP: 511012LW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $120375.08    | 0.33%             | 2045-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey St Transprtn Trust Fund Auth                                    | New Jersey Transportation Trust Fund Authority                             | CUSIP: 646136WR8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    200000 | PA      | $136362.08    | 0.37%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts St Hsg Fin Agy Hsg Revenue                                   | Massachusetts Housing Finance Agency                                       | CUSIP: 57587A8E1<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    110000 | PA      | $108076.00    | 0.30%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Ny Transitional Fin Auth Revenue                             | New York City Transitional Finance Authority Future Tax Secured Revenue    | CUSIP: 64971X7E2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    145000 | PA      | $149190.54    | 0.41%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas St Muni Gas Acquisition & Sply Corp Ii Gas Sply Revenu               | Texas Municipal Gas Acquisition and Supply Corp. II                        | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165098.60    | 0.45%             | 2027-09-15      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| New Jersey St Transprtn Trust Fund Auth                                    | New Jersey Transportation Trust Fund Authority                             | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    300000 | PA      | $316555.47    | 0.87%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York St Dorm Auth Revenues Non St Supported Debt                       | New York State Dormitory Authority                                         | CUSIP: 65000BF52<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97798.06     | 0.27%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Houston Tx Arpt Sys Revenue                                                | City of Houston TX Airport System Revenue                                  | CUSIP: 442349GV2<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253917.55    | 0.69%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas St Dept Of Hsg & Cmnty Affairs Resdl Mtg Revenue                     | Texas Department of Housing & Community Affairs                            | CUSIP: 882750RU8<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    405000 | PA      | $400367.77    | 1.09%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| North Carolina St Hsg Fin Agy Homeownership Revenue                        | North Carolina Housing Finance Agency                                      | CUSIP: 6582074E2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    740000 | PA      | $796771.39    | 2.18%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Farmington Nm Poll Control Revenue                                         | City of Farmington NM                                                      | CUSIP: 311450FZ8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |    375000 | PA      | $337854.08    | 0.92%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Or Cmnty Clg Dist                                             | Oregon Coast Community College District                                    | CUSIP: 68583NCH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423253.20    | 1.16%             | 2040-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Multnomah Cnty Or Sch Dist #40                                             | Multnomah County School District No 40                                     | CUSIP: 625693JF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $407931.30    | 1.11%             | 2043-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State Street Institutional Us Government Money Market Fund (Premier Class) | State Street Institutional US Government Money Market Fund (Premier Class) | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     69910 | NS      | $69909.51     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Treasury Bill                                                              | United States Treasury Bill                                                | CUSIP: 912797NW3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $498592.09    | 1.36%             | 2025-06-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut St Hsg Fin Auth Hsg Mtge Fin Program                           | Connecticut Housing Finance Authority                                      | CUSIP: 20775CQB3<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140074.93    | 0.38%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nebraska St Investment Fin Auth Sf Hsg Revenue                             | Nebraska Investment Finance Authority                                      | CUSIP: 63968MXD6<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    350000 | PA      | $344071.70    | 0.94%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington Cnty Or Sch Dist #48j Beaverton                                 | Washington & Multnomah Counties School District No 48J Beaverton           | CUSIP: 938429X44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $69868.16     | 0.19%             | 2041-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Minnesota St Hsg Fin Agy Homeownership Fin                                 | Minnesota Housing Finance Agency                                           | CUSIP: 60416QHT4<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    214553 | PA      | $169694.24    | 0.46%             | 2050-01-01      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Philadelphia Pa Sch Dist                                                   | School District of Philadelphia                                            | CUSIP: 717883TK8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509154.55    | 1.39%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota St Hsg Fin Agy                                                | North Dakota Housing Finance Agency                                        | CUSIP: 658909X68<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    280000 | PA      | $295178.10    | 0.81%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Trimble Cnty Ky Envrnmntl Facs Revenue                                     | County of Trimble KY                                                       | CUSIP: 896221AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301947.06    | 0.83%             | 2054-06-01      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| S Miami Fl Hlth Facs Auth                                                  | City Of South Miami Health Facilities Authority, Inc.                      | CUSIP: 838810ED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $351425.38    | 0.96%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina St Hsg Fin & Dev Auth Mtge Revenue                          | South Carolina State Housing Finance & Development Authority               | CUSIP: 83712D2X3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $160827.30    | 0.44%             | 2054-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Univ Of North Carolina Nc At Chapel Hill  Revenue                          | University of North Carolina at Chapel Hill                                | CUSIP: 914713U75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $702307.27    | 1.92%             | 2041-12-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Salt Verde Az Financial Corp Senior Gas Revenue                            | Salt Verde Financial Corp.                                                 | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    450000 | PA      | $465793.88    | 1.27%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Cnty Or Sch Dist #48j Beaverton                                 | Washington & Multnomah Counties School District No 48J Beaverton           | CUSIP: 9384292P1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $328183.73    | 0.90%             | 2042-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Port Of Portland Or Arpt Revenue                                           | Port of Portland OR Airport Revenue                                        | CUSIP: 7352402L6<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    305000 | PA      | $290287.17    | 0.79%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Va Wtr Revenue                                                     | City of Norfolk VA Water Revenue                                           | CUSIP: 656009PY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $332264.58    | 0.91%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Ny Bridge & Tunnelauth Payroll Mobility Tax                     | Triborough Bridge & Tunnel Authority                                       | CUSIP: 89602HEW3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250021.55    | 0.68%             | 2026-04-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| North Dakota St Hsg Fin Agy                                                | North Dakota Housing Finance Agency                                        | CUSIP: 658909SW7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270894.92    | 0.74%             | 2049-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Met Washington Dc Arpts Auth Arpt Sys Revenue                              | Metropolitan Washington Airports Authority Aviation Revenue                | CUSIP: 592647CY5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    245000 | PA      | $248223.73    | 0.68%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa Cnty & Phoenix Az Indl Dev Authorities Mtge Revenue               | Maricopa County & Phoenix Industrial Development Authorities               | CUSIP: 566736LA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $328532.43    | 0.90%             | 2056-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nrthrn Ca Energy Auth Commodity Sply Revenue                               | Northern California Energy Authority                                       | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |    300000 | PA      | $313540.32    | 0.86%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina St Hsg Fin & Dev Auth Mtge Revenue                          | South Carolina State Housing Finance & Development Authority               | CUSIP: 83712D4A1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $985099.12    | 2.69%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois St Fin Auth Revenue                                               | Illinois Finance Authority                                                 | CUSIP: 45204FAZ8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    225000 | PA      | $236866.61    | 0.65%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chino Vly Ca Unif Sch Dist                                                 | Chino Valley Unified School District                                       | CUSIP: 169583JK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $163481.98    | 0.45%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Cnty Ca Cmnty Clg Dist                                           | San Mateo County Community College District                                | CUSIP: 799038GK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $76014.18     | 0.21%             | 2035-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Fin Auth Wi Poll Control Revenue                                    | Public Finance Authority                                                   | CUSIP: 74447HAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    455000 | PA      | $453414.87    | 1.24%             | 2046-10-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Met Transprtn Auth Ny Revenue                                              | Metropolitan Transportation Authority                                      | CUSIP: 59261AL96<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     40000 | PA      | $39970.41     | 0.11%             | 2026-11-01      | Floating      | 3.33%                 | No            |                  2 | On Loan: No      |
| San Mateo Ca Union High Sch Dist                                           | San Mateo Union High School District                                       | CUSIP: 799017GU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $527748.83    | 1.44%             | 2041-09-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Clackamas & Washington Cntys Or Jt Sch Dist #3 West Linn-wil               | Clackamas & Washington Counties School District No 3                       | CUSIP: 178882PZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $372224.70    | 1.02%             | 2036-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Cmnty Choice Fing Auth Clean Energy Proj Revenue                | California Community Choice Financing Authority                            | CUSIP: 13013JAR7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    210000 | PA      | $199146.36    | 0.54%             | 2052-02-01      | Floating      | 3.06%                 | No            |                  2 | On Loan: No      |
| Triborough Ny Bridge & Tunnel Auth Payroll Mobility Tax                    | Triborough Bridge & Tunnel Authority                                       | CUSIP: 89602HEU7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $513867.60    | 1.40%             | 2039-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Structured Pass Through Cert                                   | Freddie Mac Multifamily ML Certificates                                    | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    148909 | PA      | $149637.30    | 0.41%             | 2040-10-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Port Auth Of New York & New Jersey Ny                                      | Port Authority of New York & New Jersey                                    | CUSIP: 73358W3P7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1157003.54   | 3.16%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto Ca Irr Dist Fing Auth Revenue                                      | Modesto Irrigation District                                                | CUSIP: 607769EL6<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |    510000 | PA      | $485889.65    | 1.33%             | 2037-09-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Gtr Orlando Fl Aviation Auth Arpt Facs Revenue                             | Greater Orlando Aviation Authority                                         | CUSIP: 392275EZ2<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    300000 | PA      | $314299.80    | 0.86%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Met Transprtn Auth Ny Revenue                                              | Metropolitan Transportation Authority                                      | CUSIP: 59261AL54<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    460000 | PA      | $460064.95    | 1.26%             | 2032-11-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas Dist Al Gas Project Revenue                          | Black Belt Energy Gas District                                             | CUSIP: 09182TBD8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97083.89     | 0.27%             | 2053-04-01      | Floating      | 3.26%                 | No            |                  2 | On Loan: No      |
| Butler Cnty Pa Gen Auth Revenue                                            | Butler County General Authority                                            | CUSIP: 123574AG0<br>LEI: 549300TSJ3NDU9FG0667 | Long             | DBT              | MUN               | US        |    350000 | PA      | $337528.56    | 0.92%             | 2034-10-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| New York St Thruway Auth Personal Income Tax Revenue                       | New York State Thruway Authority                                           | CUSIP: 650028YU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103575.65    | 0.28%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Ca Dept Wtr & Pwr Revenue                                      | Los Angeles Department of Water & Power                                    | CUSIP: 5444952H6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    225000 | PA      | $228922.00    | 0.63%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin St Hlth & Eductnl Facs Auth Revenue                              | Wisconsin Health & Educational Facilities Authority                        | CUSIP: 97712DJ64<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    200000 | PA      | $178407.60    | 0.49%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver City & Cnty Co Arpt Revenue                                         | City & County of Denver Co. Airport System Revenue                         | CUSIP: 249182TE6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $287945.20    | 0.79%             | 2036-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut St Hsg Fin Auth Hsg Mtge Fin Program                           | Connecticut Housing Finance Authority                                      | CUSIP: 20775HQ71<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    295000 | PA      | $321442.41    | 0.88%             | 2054-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York St Hsg Fin Agy Affordable Hsg Revenue                             | New York State Housing Finance Agency                                      | CUSIP: 64987JY96<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    175000 | PA      | $171101.21    | 0.47%             | 2050-11-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| Treasury Bill                                                              | United States Treasury Bill                                                | CUSIP: 912797PS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1090000 | PA      | $1088074.33   | 2.97%             | 2025-06-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Ca Jt Union High Sch Dist                                          | Chaffey Joint Union High School District                                   | CUSIP: 157411VZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $102137.25    | 0.28%             | 2044-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Oh Port Auth Gas Revenue                                         | Lancaster Port Authority                                                   | CUSIP: 514401BN7<br>LEI: 5493007EGWLFDZJFF129 | Long             | DBT              | MUN               | US        |    190000 | PA      | $198564.10    | 0.54%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Tx Indep Sch Dist                                                | Fort Bend Independent School District                                      | CUSIP: 346843WS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302924.16    | 0.83%             | 2055-08-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| New York St Hsg Fin Agy Affordable Hsg Revenue                             | New York State Housing Finance Agency                                      | CUSIP: 64987JZ20<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    200000 | PA      | $197706.90    | 0.54%             | 2044-11-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| Allan Hancock Jt Cmnty Clg Ca                                              | Allan Hancock Joint Community College District                             | CUSIP: 016730DA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $285119.28    | 0.78%             | 2042-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida St Hsg Fin Corp Revenue                                            | Florida Housing Finance Corp.                                              | CUSIP: 34074MD99<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    135000 | PA      | $140843.53    | 0.38%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District Of Columbia Hosp Revenue                                          | District of Columbia                                                       | CUSIP: 254764KC6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200146.38    | 0.55%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough Cnty Fl Aviation Auth                                         | Hillsborough County Aviation Authority                                     | CUSIP: 432308W34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72600.16     | 0.20%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward Cnty Fl Arpt Sys Revenue                                           | County of Broward FL Airport System Revenue                                | CUSIP: 114894YG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208915.66    | 0.57%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Clackamas & Yamhill Cntys Or Sch Dist #88j                      | Washington Clackamas & Yamhill Counties School District No 88J             | CUSIP: 937440FC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $93433.34     | 0.26%             | 2040-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMN                                                  | Missouri Housing Development Commission                                    | CUSIP: 60637GBD0<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    150000 | PA      | $163439.48    | 0.45%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Houston Tx Arpt Sys Revenue                                                | City of Houston TX Airport System Revenue                                  | CUSIP: 442349GM2<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    135000 | PA      | $142291.39    | 0.39%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Clackamas & Yamhill Cntys Or Sch Dist #88j                      | Washington Clackamas & Yamhill Counties School District No 88J             | CUSIP: 937440DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $85883.75     | 0.23%             | 2037-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** ALPS ETF TRUST

**Signature:** Erich Rettinger

**Name of Signer:** Erich Rettinger

**Title:** Treasurer