# EDGAR Filing Document

**Accession Number:** 0000035373
**File Stem:** 0000035402-26-001228
**Filing Date:** 2026-2
**Character Count:** 135656
**Document Hash:** 393f093122260aca9c5f55d7bf417211
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-001228.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000035402-26-001228

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY MUNICIPAL TRUST
- **CENTRAL INDEX KEY:** 0000035373

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02628
- **FILM NUMBER:** 26670331

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

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

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

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

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

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

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

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

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

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $485832644.06

**Total Liabilities:** $1472541.32

**Net Assets:** $484360102.74

**Cash Not Reported:** $2005106.68

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 23320.65719400 | **1-Year:** 74776.92329450 | **5-Year:** 123118.99126250 | **10-Year:** 85379.24197250 | **30-Year:** 14389.59185750

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

- **3-Month:** 1582.03490704 | **1-Year:** 4744.33513168 | **5-Year:** 4429.29382207 | **10-Year:** 1260.48006087 | **30-Year:** 94.04348800

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019503 | 1.20%                | 0.33%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1.18                    | $4491895.02                                |
| Month 2  | $-3042.73                | $386259.63                                 |
| Month 3  | $-119444.12              | $-30151.60                                 |

### Schedule of Portfolio Investments

| Name                                                                           | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PORTAGE MICH                                                                   | PORTAGE MICH 2% 7/1/2037                                      | CUSIP: 735764HV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $640742.56    | 0.13%             | 2037-07-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FERNDALE MICH PUB SCHS                                                         | FERNDALE MI PUB 3% 5/1/2045                                   | CUSIP: 315162EZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $796989.50    | 0.16%             | 2045-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/2032                                   | CUSIP: 386316QC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1209195.34   | 0.25%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2032                                   | CUSIP: 386289NV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3390267.30   | 0.70%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 11/15/2034                                    | CUSIP: 594698RC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $471239.27    | 0.10%             | 2034-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2045                                 | CUSIP: 491740EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $424420.35    | 0.09%             | 2045-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2038 @                                 | CUSIP: 373695AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1261390.92   | 0.26%             | 2038-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2039                                      | CUSIP: 786744JE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1441588.58   | 0.30%             | 2039-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2035                                   | CUSIP: 59447TK93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037142.40   | 0.42%             | 2035-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/33                                     | CUSIP: 386316NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550253.39    | 0.11%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN 3.75% MT                                             | CUSIP: 594654GD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1187278.52   | 0.25%             | 2050-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2046 @                                 | CUSIP: 373695AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046644.00   | 0.42%             | 2046-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2040                                    | CUSIP: 084482EB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $347851.40    | 0.07%             | 2040-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2037                                        | CUSIP: 2510934Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1990096.31   | 0.41%             | 2037-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT(MI-WL 12/17/87) 3% 6/1/52                         | CUSIP: 594654NX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1871660.93   | 0.39%             | 2052-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2050                               | CUSIP: 944514S66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2172409.80   | 0.45%             | 2050-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SEW DISP REV                                                        | DETROIT MI SWR/AGC/FGIC 5.5% 7/1/29                           | CUSIP: 2512373S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21019.51     | 0.00%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRANDVILLE MICH PUB SCHS DIST                                                  | GRANDVILLE MICH 4% 5/1/2039                                   | CUSIP: 386892RP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013935.40   | 0.21%             | 2039-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2032                                   | CUSIP: 594479HN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    285000 | PA      | $282584.54    | 0.06%             | 2032-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP                                                    | GRAND TRAV HOSP 3% 7/1/2051                                   | CUSIP: 386523JJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $1729328.53   | 0.36%             | 2051-07-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2040                                    | CUSIP: 084482DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $391115.62    | 0.08%             | 2040-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(BEAUMONT-SPECTR) 4% 4/15/42                   | CUSIP: 59447T3V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985530.40   | 0.41%             | 2042-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 3% 12/1/2049                                  | CUSIP: 59447TXJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1431515.00   | 0.30%             | 2049-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/32                                     | CUSIP: 386316MZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $320147.42    | 0.07%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2034                                    | CUSIP: 26111PAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $545171.17    | 0.11%             | 2034-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 12/1/2030                                  | CUSIP: 59447TQJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $742376.14    | 0.15%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2033                                    | CUSIP: 091212JB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $401331.14    | 0.08%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/34                                     | CUSIP: 59447TNJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2138255.02   | 0.44%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5.25% 11/1/2035                               | CUSIP: 594479JG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1500625.28   | 0.31%             | 2035-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI ST BLDG AUTH 23-I V1                                       | CUSIP: 594615HB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10300000 | PA      | $10300000.00  | 2.13%             | 2042-10-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2036                                      | CUSIP: 786744JB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $786029.48    | 0.16%             | 2036-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                       | LANSING MI WTR 5% 7/1/2054                                    | CUSIP: 516391FM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087665.00   | 0.43%             | 2054-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MICH SCH DIST                                                        | CREST MI 226363 5% 5/1/2045                                   | CUSIP: 226363HR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $422467.68    | 0.09%             | 2045-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2030                                   | CUSIP: 39081JHM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1547525.98   | 0.32%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2036                                   | CUSIP: 39081JHH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1706338.50   | 0.35%             | 2036-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2030 PRE                              | CUSIP: 483233QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30245.16     | 0.01%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVS                                                          | MI ST UNIV 5.25% 8/15/54                                      | CUSIP: 594712ZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3186282.00   | 0.66%             | 2054-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.8% 10/1/2038                                | CUSIP: 59465M4K8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $3933984.18   | 0.81%             | 2038-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                       | LANSING MI WTR 2% MT                                          | CUSIP: 516391DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1983124.00   | 0.41%             | 2051-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BYRON CENTER MICH PUB SCHS                                                     | BYRON CENTER MI 5.25% 5/1/2053                                | CUSIP: 124511QZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3570000 | PA      | $3769597.63   | 0.78%             | 2053-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2030 @                                 | CUSIP: 373695AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $459093.08    | 0.09%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENT MI HOSP FIN AUTH                                                          | KENT MI HOSP (MARY FREE BED HOSP REHAB CTR) 4% 4/1/41         | CUSIP: 490580FN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2805000 | PA      | $2741923.12   | 0.57%             | 2041-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KAREGNONDI WTR AUTH MICH                                                       | KAREGNONDI WTR 5% 11/1/2039                                   | CUSIP: 48563UCR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2522636.55   | 0.52%             | 2039-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2042 @                                | CUSIP: 944514Y69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $660964.38    | 0.14%             | 2042-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 4% 11/1/2042                                   | CUSIP: 735779NY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991588.80    | 0.20%             | 2042-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2031                                   | CUSIP: 516444UL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $675869.88    | 0.14%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 5.75% 6/1/2054                                    | CUSIP: 594654US2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1782695.41   | 0.37%             | 2054-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2043 @                             | CUSIP: 944514U55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $690509.88    | 0.14%             | 2043-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI ST BLDG AUTH 24-I V7                                       | CUSIP: 594615LS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1175000.00   | 0.24%             | 2059-04-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2035                                  | CUSIP: 386545MP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1286869.48   | 0.27%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 10/1/2044                                  | CUSIP: 59447T8A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3242726.70   | 0.67%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2041                                   | CUSIP: 665398NQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1378720.55   | 0.28%             | 2041-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNFIELD MICH SCHS DIST                                                       | PENNFIELD MI SC 3% 5/1/2051                                   | CUSIP: 708186KR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $849952.53    | 0.18%             | 2051-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PORTAGE MICH                                                                   | PORTAGE MICH 2% 7/1/2036                                      | CUSIP: 735764HU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $646034.01    | 0.13%             | 2036-07-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2035                                   | CUSIP: 665398NJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $408719.14    | 0.08%             | 2035-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 11/1/2032                                  | CUSIP: 594479JD0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1185568.69   | 0.24%             | 2032-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2034                                   | CUSIP: 665398NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $410025.94    | 0.08%             | 2034-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2036                                     | CUSIP: 2510934J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $467547.40    | 0.10%             | 2036-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2033 @                                 | CUSIP: 373695AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106274.90   | 0.23%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 5.25% 11/15/2055                                | CUSIP: 946303M35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050490.70   | 0.22%             | 2055-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/29                                     | CUSIP: 571498CR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $787928.93    | 0.16%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2037                                     | CUSIP: 935341S73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3575382.35   | 0.74%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2039                                    | CUSIP: 084482DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $732326.73    | 0.15%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BRIGHTON MI AREA SCHOOL DIST                                                   | BRIGHTON MI SD 3% 5/1/2036                                    | CUSIP: 109367VP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1162452.69   | 0.24%             | 2036-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2026 @                                  | CUSIP: 594698QA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $496874.41    | 0.10%             | 2026-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2041 @                                 | CUSIP: 373695AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1158557.95   | 0.24%             | 2041-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2032                                   | CUSIP: 665398NF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $412990.20    | 0.09%             | 2032-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2040                                   | CUSIP: 665398NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501853.65    | 0.10%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2035 @                                | CUSIP: 944514E38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1317495.95   | 0.27%             | 2035-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2034                                    | CUSIP: 091212JC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $484685.94    | 0.10%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2038                                   | CUSIP: 386289LY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $677740.49    | 0.14%             | 2038-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2044                                | CUSIP: 39081JJP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1139393.11   | 0.24%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.6% 10/1/2060                                | CUSIP: 59465M6P5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2035990.00   | 0.42%             | 2060-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 @                                | CUSIP: 944514S90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $929069.21    | 0.19%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 4% 11/15/2040                                   | CUSIP: 946303G40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531333.80   | 0.32%             | 2040-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2037                                   | CUSIP: 516444US3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1129876.00   | 0.23%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2031 @                                 | CUSIP: 373695AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $796221.03    | 0.16%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2047                                  | CUSIP: 594479EF0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2360574.31   | 0.49%             | 2047-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 4/1/2039                                        | CUSIP: 2510935A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1272878.38   | 0.26%             | 2039-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/32                                     | CUSIP: 59447TNG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1898099.84   | 0.39%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2040 @                                 | CUSIP: 373695AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061161.60   | 0.22%             | 2040-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 5% 11/1/2034                                   | CUSIP: 735779NA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1256438.88   | 0.26%             | 2034-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2044 @                                | CUSIP: 944514Y85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $594648.96    | 0.12%             | 2044-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                                | CUSIP: 944514ZX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5865000 | PA      | $6152283.54   | 1.27%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MI SF HSG 22B L=BC V7                                         | CUSIP: 594654QD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 2.06%             | 2046-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2032 @                                | CUSIP: 944514ZZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2945000 | PA      | $3079481.66   | 0.64%             | 2032-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2039 @                                 | CUSIP: 373695AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073516.20   | 0.22%             | 2039-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YPSILANTI MICH SCH DIST                                                        | YPSILANTI MI SD 5% 5/1/32                                     | CUSIP: 987864NU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010766.20   | 0.42%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GENESEE CNTY MI                                                                | GENESEE CO MI 5% 2/1/2043                                     | CUSIP: 371608XR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081538.60   | 0.22%             | 2043-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TECHNOLOGICAL UNIV                                                    | MICH TECH UNIV 4% 10/1/2046                                   | CUSIP: 594746PY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2628945.68   | 0.54%             | 2046-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS 2.125% 10/1/2036                               | CUSIP: 59465PAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1471274.25   | 0.30%             | 2036-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| WOODHAVEN BROWNSTOWN MI SD                                                     | WOODHAVEN BROWN 3% 11/1/2046                                  | CUSIP: 97942NGK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $770052.10    | 0.16%             | 2046-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2043 @                                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5014219.50   | 1.04%             | 2043-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS 2.45% 10/1/2046                                | CUSIP: 59465PAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1373903.60   | 0.28%             | 2046-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES WTR MI 5% 7/1/2027                                   | CUSIP: 39081HAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15174.84     | 0.00%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHARLES STEWART MOTT CMNTY COLLEGE DIST MI                                     | CHARLES STEWART 2.125% 5/1/2034                               | CUSIP: 15987EHR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $709015.31    | 0.15%             | 2034-05-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2031                                  | CUSIP: 958638XP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $166758.36    | 0.03%             | 2031-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3.50% 12/1/2050                                   | CUSIP: 594654JK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1696660.69   | 0.35%             | 2050-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2049                                   | CUSIP: 59447TL76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $6245206.55   | 1.29%             | 2049-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GENESEE MI WATER SUPPLY SYSTEM REVENUE                               | COUNTY OF GENES 5% 11/1/2038                                  | CUSIP: 371646AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $901432.64    | 0.19%             | 2038-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2046 @                                | CUSIP: 944514F29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1297514.62   | 0.27%             | 2046-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2032                                    | CUSIP: 533883MZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005515.70   | 0.21%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2029 @                                   | CUSIP: 594698QF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36509.60     | 0.01%             | 2029-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4.25% 12/31/2038@                                | CUSIP: 594698QS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5840000 | PA      | $5845557.93   | 1.21%             | 2038-12-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2032 @                                  | CUSIP: 594698QN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1945732.31   | 0.40%             | 2032-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2045                                | CUSIP: 39081JKM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4351062.40   | 0.90%             | 2045-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2038                                     | CUSIP: 2510934L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $522221.76    | 0.11%             | 2038-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2031 @                                   | CUSIP: 594698QK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $650901.63    | 0.13%             | 2031-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH TAX                                               | DETROIT DWNTWN 5% 7/1/2048                                    | CUSIP: 251135HU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $923716.67    | 0.19%             | 2048-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2043                                | CUSIP: 39081JJN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1656589.35   | 0.34%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 4% 5/1/2031                                    | CUSIP: 084482DS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $569853.91    | 0.12%             | 2031-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MACOMB INTERCEPTOR DRAIN DRAINAGE DISTRICT                                     | MACOMB INTERCEP 5% 5/1/2034                                   | CUSIP: 55539PCN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1797511.98   | 0.37%             | 2034-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLARKSTON MI CMNTY SCHS                                                        | CLARKSTON MI SD 5.25% 5/1/2050                                | CUSIP: 182252ZP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116997.20   | 0.44%             | 2050-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 6/30/2033 @                                   | CUSIP: 594698QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2503174.07   | 0.52%             | 2033-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WOODHAVEN BROWNSTOWN MI SD                                                     | WOODHAVEN BROWN 5% 5/1/2055                                   | CUSIP: 97942NHQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041820.00   | 0.22%             | 2055-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2037                                   | CUSIP: 59447TL35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015686.80   | 0.42%             | 2037-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 11/1/2037                                  | CUSIP: 594479JJ7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2075304.20   | 0.43%             | 2037-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LINCOLN MI CONS SCH DIST                                                       | LINCOLN MI CSD 5% 5/1/2031                                    | CUSIP: 533883MY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503006.65    | 0.10%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2037                                    | CUSIP: 084482DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1229054.60   | 0.25%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UTICA MI CMNTY SCHS                                                            | UTICA MI CSD 5% 5/1/2039                                      | CUSIP: 9176612L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1391912.50   | 0.29%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 5.25% 4/15/2059                                       | CUSIP: 594615MP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3168990.60   | 0.65%             | 2059-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIDLAND CNTY MICH WTR SUPPLY SYS LEE TWP                                       | MIDLAND CNTY MI 3% 9/1/2048                                   | CUSIP: 59748CAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $527044.28    | 0.11%             | 2048-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2043 @                                | CUSIP: 944514Y77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $470522.39    | 0.10%             | 2043-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2043 @                             | CUSIP: 944514K98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $732771.02    | 0.15%             | 2043-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO CNTY MICH                                                            | KALAM MI 2% 5/1/2037                                          | CUSIP: 483195ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2007784.13   | 0.41%             | 2037-05-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 6/1/2040                                   | CUSIP: 59447TG80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3057142.50   | 0.63%             | 2040-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH RENTHSG REV                                           | MICHIGAN ST HS 2.55% 10/1/2051                                | CUSIP: 59465PAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $1353107.29   | 0.28%             | 2051-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT(MI-WL 12/17/87) 5.5% 6/1/53                       | CUSIP: 594654SG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1890602.65   | 0.39%             | 2053-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2038                                    | CUSIP: 084482DB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $652422.83    | 0.13%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2033                                    | CUSIP: 084482CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $576914.40    | 0.12%             | 2033-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2031                                    | CUSIP: 084482CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $504854.87    | 0.10%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 4% 5/1/2033                                    | CUSIP: 084482DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $225802.12    | 0.05%             | 2033-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2037                                     | CUSIP: 2510934K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $497572.37    | 0.10%             | 2037-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2039                                   | CUSIP: 665398NN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $910797.30    | 0.19%             | 2039-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTH.                                                               | GUAM POWER AUTH 5% 10/1/2044 Q                                | CUSIP: 400653KK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023712.20   | 0.21%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2036                                   | CUSIP: 516444UR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $861950.20    | 0.18%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2029 @                                 | CUSIP: 373695AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $557546.33    | 0.12%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH ACT 38 FACSSR REV                                            | MICHIGAN FIN 5.25% 2/29/2040                                  | CUSIP: 59447NAX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $654320.82    | 0.14%             | 2040-02-29      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2029                                   | CUSIP: 386289NS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2810000 | PA      | $3006845.28   | 0.62%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 5% 11/15/2036                                   | CUSIP: 946303J54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1373267.88   | 0.28%             | 2036-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/31                                     | CUSIP: 571498CT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $787465.77    | 0.16%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2035                                    | CUSIP: 091212JD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $510511.05    | 0.11%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.75% 7/1/2031                                          | CUSIP: 74514L3J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1549032.91   | 0.32%             | 2031-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 4% 11/15/2039                                   | CUSIP: 946303G32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2059359.00   | 0.43%             | 2039-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2038                                  | CUSIP: 958638XW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $671019.94    | 0.14%             | 2038-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5.25% 7/1/2043                                | CUSIP: 39081HHL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $594953.42    | 0.12%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/31                                     | CUSIP: 59447TNF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1171984.32   | 0.24%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2037                                  | CUSIP: 386545MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1436187.91   | 0.30%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FARMINGTON MICH PUB SCH DIST                                                   | FARMINGTON PUBI 4% 5/1/2040                                   | CUSIP: 311261UU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3024399.90   | 0.62%             | 2040-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HOLLAND MI SCH DIST                                                            | HOLLAND MICH 4% 11/1/2040                                     | CUSIP: 435236LN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1950806.67   | 0.40%             | 2040-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2038                                    | CUSIP: 091212JG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $666767.04    | 0.14%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2049 @                                 | CUSIP: 373695CE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3091231.90   | 0.64%             | 2049-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO CNTY MICH                                                            | KALAM MI 2% 5/1/2038                                          | CUSIP: 483195ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1300952.96   | 0.27%             | 2038-05-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2028                                   | CUSIP: 386289NR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1256214.00   | 0.26%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 2/15/2044                                  | CUSIP: 59447TVA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4140000 | PA      | $3890625.03   | 0.80%             | 2044-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 5% 10/15/2037                                         | CUSIP: 594615LJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2254225.40   | 0.47%             | 2037-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GROSSE POINTE MI PUB SCH SYS                                                   | GROSSE PT PSS 3% 5/1/2033                                     | CUSIP: 399100LM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989704.00    | 0.20%             | 2033-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ORION CHARTER TWP MICH                                                         | ORION MI 2% 4/1/2034                                          | CUSIP: 686269CB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $677489.30    | 0.14%             | 2034-04-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037                                  | CUSIP: 944514VH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $558633.67    | 0.12%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR and WST                                              | GUAM GVT WTSW 5.25% 7/1/2040                                  | CUSIP: 40065FFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1212147.65   | 0.25%             | 2040-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2034 @                                 | CUSIP: 373695AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101442.10   | 0.23%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.45% 9/1/2030                                   | CUSIP: 594698SQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1782623.20   | 0.37%             | 2030-09-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2039 @                             | CUSIP: 944514K56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $714679.29    | 0.15%             | 2039-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST                                                                    | MI ST 4% 5/15/2040                                            | CUSIP: 594612ER0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509869.25    | 0.11%             | 2040-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2031 @                                  | CUSIP: 594698QL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3339996.33   | 0.69%             | 2031-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI HOSP FIN AUTH HOSP                                                  | SAGINAW HOSP 4% 7/1/2040                                      | CUSIP: 786744JF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $491922.42    | 0.10%             | 2040-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2044                                   | CUSIP: 315361MW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1077215.00   | 0.22%             | 2044-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2033                                   | CUSIP: 665398NG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $400344.12    | 0.08%             | 2033-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2042 @                             | CUSIP: 944514K80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $876079.12    | 0.18%             | 2042-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2037 @                                 | CUSIP: 373695AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $759159.94    | 0.16%             | 2037-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 4% 6/1/2046                                   | CUSIP: 665398NR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1681662.77   | 0.35%             | 2046-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BARRY CNTY MICH                                                                | BARRY MI 068815 2% 3/1/2037                                   | CUSIP: 068815QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $204750.68    | 0.04%             | 2037-03-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 6% 5/1/2043                                        | CUSIP: 2510936E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1652864.25   | 0.34%             | 2043-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/15/2048                                 | CUSIP: 59447TUH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11850000 | PA      | $11895567.99  | 2.46%             | 2048-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.75% 12/1/2050 @                             | CUSIP: 944514U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2891130.39   | 0.60%             | 2050-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/2028                                   | CUSIP: 386316PY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1277150.90   | 0.26%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2041 @                             | CUSIP: 944514U30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $903468.72    | 0.19%             | 2041-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2036                                    | CUSIP: 084482CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $622118.99    | 0.13%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                                | CUSIP: 944514P44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1386777.26   | 0.29%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 4% 7/1/2036                                     | CUSIP: 74527EFS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $190233.19    | 0.04%             | 2036-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND MT 3.875% 6/1/2053 @                             | CUSIP: 594698TD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6864421.20   | 1.42%             | 2053-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI PUB SCHS                                                       | GRAND RAPIDS MI 5% 5/1/29                                     | CUSIP: 386280QV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $494029.15    | 0.10%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/33                                     | CUSIP: 571498CV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $711155.71    | 0.15%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2032                                   | CUSIP: 516444UM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $657282.33    | 0.14%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 3% 10/15/2045                                         | CUSIP: 594615HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8670000 | PA      | $6897312.73   | 1.42%             | 2045-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2030                                    | CUSIP: 084482CT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $412990.99    | 0.09%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2035                                     | CUSIP: 935341G27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1255073.50   | 0.26%             | 2035-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.25% 12/1/2037 @                             | CUSIP: 944514Q35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $1001880.09   | 0.21%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MICH                                                                    | WARREN MICHIGAN 5% 6/1/2039                                   | CUSIP: 935325DW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1445316.06   | 0.30%             | 2039-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.50% 7/1/2055                                | CUSIP: 39081JKP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $643909.26    | 0.13%             | 2055-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2032                                  | CUSIP: 958638XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $331820.49    | 0.07%             | 2032-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARREN MI CSD                                                                  | WARREN MI CSD 5% 5/1/2032                                     | CUSIP: 935341J73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1157436.83   | 0.24%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2030                                   | CUSIP: 386289NT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $4190428.66   | 0.87%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2041                                    | CUSIP: 084482DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $853674.28    | 0.18%             | 2041-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE MICH CITY SCH DIST                                                   | WYANDOTTE MICH 5% 5/1/2040                                    | CUSIP: 982781JW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $334350.24    | 0.07%             | 2040-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVS                                                          | MI ST UNIV 5.25% 2/15/2050                                    | CUSIP: 594712C66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2315513.24   | 0.48%             | 2050-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2036                                  | CUSIP: 59447TSJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1302913.50   | 0.27%             | 2036-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2038                                  | CUSIP: 59447TSL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1651590.76   | 0.34%             | 2038-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4% 5/15/2027                                     | CUSIP: 594698RQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $274516.72    | 0.06%             | 2027-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3% 6/1/2051                                       | CUSIP: 594654LR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1559822.29   | 0.32%             | 2051-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2044                                | CUSIP: 39081JKL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1493301.26   | 0.31%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR and WST                                              | GUAM GVT WTSW 5.50% 7/1/2043                                  | CUSIP: 40065FFF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $811477.95    | 0.17%             | 2043-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/30                                     | CUSIP: 571498CS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $908926.02    | 0.19%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GENESEE MI WATER SUPPLY SYSTEM REVENUE                               | COUNTY OF GENESEE MI WATER SUPPLY SYSTEM REVENUE 5% 11/1/2037 | CUSIP: 371646AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1136410.90   | 0.23%             | 2037-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 11/1/2055                                  | CUSIP: 59447TP72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2259957.75   | 0.47%             | 2055-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2031                                   | CUSIP: 386289NU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1558276.44   | 0.32%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES SEWER AUTH MICH                                                    | GT LAKES SEW MI 5.25% 7/1/2044                                | CUSIP: 39081HHM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1859789.12   | 0.38%             | 2044-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.25% 12/1/2037 @                             | CUSIP: 944514K31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113200.10   | 0.23%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2035                                    | CUSIP: 26111PAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523735.65    | 0.11%             | 2035-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI SAN SWR SYS                                                    | GRAND RAPID SWR 5% 1/1/2034                                   | CUSIP: 386289LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $573555.73    | 0.12%             | 2034-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                            | PORTAGE MI PUB 5% 11/1/2032                                   | CUSIP: 735779MS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2515199.25   | 0.52%             | 2032-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE MICH CITY SCH DIST                                                   | WYANDOTTE MICH 5% 5/1/2041                                    | CUSIP: 982781JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $413400.08    | 0.09%             | 2041-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 9/1/2038                                   | CUSIP: 594479GE1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1348964.16   | 0.28%             | 2038-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLINT MI HOSP BLDG AUTH REV                                                    | FLINT MI BLDG 4% 7/1/2038                                     | CUSIP: 339511EX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1742136.66   | 0.36%             | 2038-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.35% 10/1/2049                               | CUSIP: 59465M6M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2461556.70   | 0.51%             | 2049-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.50% 12/1/2041 @                             | CUSIP: 944514K72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1863012.16   | 0.38%             | 2041-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRAND VALLEY MI ST UNIV REV                                                    | GRAND VLY MI UN 5% 12/1/2034                                  | CUSIP: 386545MN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1132117.44   | 0.23%             | 2034-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2031 Q                               | CUSIP: 491740FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $867856.62    | 0.18%             | 2031-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 4% 12/1/2048                                      | CUSIP: 594654CM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301002.87    | 0.06%             | 2048-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                   | Fidelity Municipal Cash Central Fund                          | CUSIP: 31635A204<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   9727525 | NS      | $9729470.86   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV/AGM 5.25% 11/15/54                             | CUSIP: 958638B64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053119.30   | 0.22%             | 2054-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2028 @                                  | CUSIP: 594698QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $458872.79    | 0.09%             | 2028-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 5/1/2039                                        | CUSIP: 2510936V7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3985957.83   | 0.82%             | 2039-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 5% 6/1/2053                                       | CUSIP: 594654RG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1662148.22   | 0.34%             | 2053-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 5% 11/1/2033                                  | CUSIP: 594479JE8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1335984.13   | 0.28%             | 2033-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANSING MICH                                                                   | LANSING MICH 4% 6/1/2040                                      | CUSIP: 516372TW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4810000 | PA      | $4874272.66   | 1.01%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GROSSE POINTE PARK MICH                                                        | GROSS MI 2.375% 10/1/2039                                     | CUSIP: 399136CF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $412334.03    | 0.09%             | 2039-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                          | LANSING MICH SC 5% 5/1/2038                                   | CUSIP: 516444UT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1574272.14   | 0.33%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2043                                   | CUSIP: 315361MV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1841315.58   | 0.38%             | 2043-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2029                                  | CUSIP: 944514S74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $603553.85    | 0.12%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 6% 6/1/2054                                       | CUSIP: 594654WT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2490687.54   | 0.51%             | 2054-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 5/15/2044                                     | CUSIP: 594698RS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1454071.50   | 0.30%             | 2044-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2031 @                                | CUSIP: 944514ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2959913.81   | 0.61%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAGINAW CNTY MI                                                                | SAGANAW CNTY MI 3% 12/1/2040                                  | CUSIP: 7867027J3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447588.45    | 0.09%             | 2040-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN HSG DEV RENTAL HSG                                                    | MI ST HDA RENTL 3.75% 10/1/2042                               | CUSIP: 59465M3J2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1918071.60   | 0.40%             | 2042-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH ACT 38 FACSSR REV                                            | MICHIGAN FIN 5% 2/28/2038                                     | CUSIP: 59447NAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1858351.77   | 0.38%             | 2038-02-28      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2030 @                                  | CUSIP: 594698QJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4080000 | PA      | $4252976.50   | 0.88%             | 2030-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MATTAWAN CONSOLIDATED SCHOOL DISTRICT/MI                                       | MATTAWAN CONSOL 5% 5/1/2054                                   | CUSIP: 577056MR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037400.50   | 0.21%             | 2054-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTWOOD MICH ECONOMIC DEV                                                     | KENTWOOD MI ECO 4% 11/15/2043 Q                               | CUSIP: 491740FB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1981635.08   | 0.41%             | 2043-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSE CREUSE MICH PUB SCH                                                      | LANSE CREUSE 5% 5/1/2049                                      | CUSIP: 516228TM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2880720.43   | 0.59%             | 2049-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2029                                   | CUSIP: 39081JHY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541454.00    | 0.11%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MICH                                                                   | PORTAGE MICH 2% 7/1/2035                                      | CUSIP: 735764HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $651327.38    | 0.13%             | 2035-07-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 3.80% 12/1/2033                                   | CUSIP: 594654TD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1513463.33   | 0.31%             | 2033-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 1.20% MT                                      | CUSIP: 59447TU68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4190000 | PA      | $3973685.38   | 0.82%             | 2038-10-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/2030                                   | CUSIP: 386316QA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2423446.34   | 0.50%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2032                                     | CUSIP: 74527EFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $385834.57    | 0.08%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRANDVILLE MICH PUB SCHS DIST                                                  | GRANDVILLE MICH 4% 5/1/2040                                   | CUSIP: 386892RQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1320445.10   | 0.27%             | 2040-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SEW DISP REV                                                        | DETROIT MI SWR 5% NATL 7/1/2036                               | CUSIP: 2512377P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10019.51     | 0.00%             | 2036-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DOWNRIVER UTIL WASTEWATER AUTHMICH SWR SYS REV                                 | DOWNRIVER UTIL 5% 4/1/2033                                    | CUSIP: 26111PAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $769824.96    | 0.16%             | 2033-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 3% 9/1/2050                                   | CUSIP: 594479GK7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2320000 | PA      | $1610386.01   | 0.33%             | 2050-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2030                                  | CUSIP: 483233RF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $5007752.12   | 1.03%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 1/1/33                                     | CUSIP: 59447TNH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1918031.83   | 0.40%             | 2033-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2042                                   | CUSIP: 594479HP5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $971154.46    | 0.20%             | 2042-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 0% 7/1/2033                                             | CUSIP: 74514L3R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1643730 | PA      | $1189476.01   | 0.25%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                  | KALAMAZOO HFA H 5% 5/15/2028 PRE                              | CUSIP: 483233QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5040.86      | 0.00%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/2029                                   | CUSIP: 386316PZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2140103.40   | 0.44%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2030 @                                | CUSIP: 944514S82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $601541.13    | 0.12%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 4.25% 6/1/2049                                    | CUSIP: 594654DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $815784.53    | 0.17%             | 2049-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2029                                   | CUSIP: 39081JHL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1353635.00   | 0.28%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5.25% 7/1/2043                                | CUSIP: 39081JKK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3602773.51   | 0.74%             | 2043-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                          | NO MICH UN REVS 5% 6/1/2036                                   | CUSIP: 665398NK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $432856.00    | 0.09%             | 2036-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 5% 11/1/2035                                  | CUSIP: 59447TSH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045526.80   | 0.22%             | 2035-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5% 5/1/2038                                        | CUSIP: 2510936U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3815227.68   | 0.79%             | 2038-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 12/1/2049                                  | CUSIP: 59447TXH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8180000 | PA      | $7381881.49   | 1.52%             | 2049-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FLINT MI HOSP BLDG AUTH REV                                                    | FLINT MI BLDG 4% 7/1/2041                                     | CUSIP: 339511EY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1302325.27   | 0.27%             | 2041-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU 4% 6/1/2040                                   | CUSIP: 59447TL68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1954318.80   | 0.40%             | 2040-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV                                   | GREAT LAKES WTR 5% 7/1/2030                                   | CUSIP: 39081JHZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $967203.74    | 0.20%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 12/1/2036                                  | CUSIP: 594479EB9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    690000 | PA      | $700031.15    | 0.14%             | 2036-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 5% 12/31/2033 @                                  | CUSIP: 594698QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2070626.60   | 0.43%             | 2033-12-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH ACT 38 FACSSR REV                                            | MICHIGAN FIN 5% 2/28/2039                                     | CUSIP: 59447NAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085393.20   | 0.22%             | 2039-02-28      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2049                                   | CUSIP: 315361MY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2092231.60   | 0.43%             | 2049-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO CNTY MICH                                                            | KALAM MI 3% 5/1/2030                                          | CUSIP: 483195ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1702599.96   | 0.35%             | 2030-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/2031                                   | CUSIP: 386316QB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1280012.79   | 0.26%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2038                                  | CUSIP: 944514C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1355030.75   | 0.28%             | 2038-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 5% 10/15/2029                                         | CUSIP: 594615HH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1299303.88   | 0.27%             | 2029-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 4% MT@                                           | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4994675.00   | 1.03%             | 2061-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| FERRIS ST UNIV MICH REV                                                        | FERRIS ST UNIV 5% 10/1/2045                                   | CUSIP: 315361MX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $847675.44    | 0.18%             | 2045-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BERKLEY MICH SCH DIST                                                          | BERKLEY MI SCD 5% 5/1/2032                                    | CUSIP: 084482CV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $455795.40    | 0.09%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                 | MICHIGAN MT 6.25% 12/1/2055                                   | CUSIP: 594654C94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2194987.01   | 0.45%             | 2055-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2041 @                                | CUSIP: 944514Y51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $614710.59    | 0.13%             | 2041-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARQUETTE MI LT and PWR ELEC UTIL                                              | MARQUETTE LTPWR 5% 7/1/32                                     | CUSIP: 571498CU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009274.90   | 0.21%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR and WST                                              | GUAM GVT WTSW 5.25% 7/1/2039                                  | CUSIP: 40065FFB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108781.30   | 0.23%             | 2039-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                         | MI STRAT FND 1.35% 8/1/2029                                   | CUSIP: 594698SP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1826358.80   | 0.38%             | 2029-08-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                                | MI FIN AUTH LTD 4% 2/1/2027                                   | CUSIP: 594479HM2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99833.11     | 0.02%             | 2027-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                      | MI BLDG 3% 10/15/2051                                         | CUSIP: 594615JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1299469.57   | 0.27%             | 2051-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI WTR SUPPLY SYS                                                 | GRAND RAPID WTR 5% 1/1/31                                     | CUSIP: 386316MY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250115.18    | 0.05%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5.25% 12/1/2038 @                             | CUSIP: 944514K49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $996342.75    | 0.21%             | 2038-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                           | MICHIGAN FIN AU(MCLAREN HLTHCRE) 4% 2/15/50                   | CUSIP: 59447TVE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6530000 | PA      | $5714484.63   | 1.18%             | 2050-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2040                                  | CUSIP: 958638XY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $673492.37    | 0.14%             | 2040-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                     | DETROIT MI 5.50% 4/1/2035                                     | CUSIP: 2510934H0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1122411.16   | 0.23%             | 2035-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HOLLAND MI SCH DIST                                                            | HOLLAND MICH 4% 11/1/2039                                     | CUSIP: 435236LM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1902433.28   | 0.39%             | 2039-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN MI UNIV REVS                                                           | WESTRN MI UNIV 5% 11/15/2036                                  | CUSIP: 958638XU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $433540.88    | 0.09%             | 2036-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI                                                                | GRAND RPDS MICH 5% 4/1/2055                                   | CUSIP: 386226P73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2079921.40   | 0.43%             | 2055-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2030                                     | CUSIP: 74527EFL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $900920.33    | 0.19%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2036                                    | CUSIP: 091212JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $337758.51    | 0.07%             | 2036-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                     | WAYNE ST U MI 5% 11/15/2035                                   | CUSIP: 946303J47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1154065.00   | 0.24%             | 2035-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTL ARPT AUTH MICH REV                                          | GERALD R FORD I 5% 1/1/2032 @                                 | CUSIP: 373695AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $807357.25    | 0.17%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM CIY SCHOOL DISTRICT/MI                                              | BIRMINGHAM CIY 5% 5/1/2037                                    | CUSIP: 091212JF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $313091.13    | 0.06%             | 2037-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                  | WAYNE CO MI AAR 5% 12/1/2037 @                                | CUSIP: 944514E53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1616296.10   | 0.33%             | 2037-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.625% 7/1/2029                                         | CUSIP: 74514L3H8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $630445.16    | 0.13%             | 2029-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

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

**Signature:** Laura M. Del Prato

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

**Title:** President and Treasurer