# EDGAR Filing Document

**Accession Number:** 0002033164
**File Stem:** 0001145549-25-050313
**Filing Date:** 2025-8
**Character Count:** 94982
**Document Hash:** 37aeefbceda9d03fc117a5657080d8ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-050313.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001145549-25-050313

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rockefeller Municipal Opportunities Fund
- **CENTRAL INDEX KEY:** 0002033164

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23993
- **FILM NUMBER:** 251174182

**BUSINESS ADDRESS:**
- **STREET 1:** U.S. BANK GLOBAL FUND SERVICES
- **STREET 2:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-516-1692

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Nport-Ex

Rockefeller Municipal Opportunities Fund

------

#### Schedule of Investments

#### June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MUNICIPAL BONDS - 99.3%** | **Par** | **Value** |
| **Arizona - 5.3%** | **Arizona - 5.3%** | **Arizona - 5.3%** |
| Arizona Industrial Development Authority | Arizona Industrial Development Authority | Arizona Industrial Development Authority |
| &nbsp;&nbsp; 5.10%, 10/01/2050 | $750000 | $750635 |
| &nbsp;&nbsp; 5.15%, 10/01/2053 | 350000 | 350976 |
| &nbsp;&nbsp; 6.88%, 02/01/2065 (Obligor: San Tan Montessori Sch Ob) <sup>(a)</sup> | 2000000 | 1961172 |
|  Industrial Development Authority of the County of Pima, 6.13%, 06/15/2047 (Obligor: Fit Kids Inc) <sup>(a)</sup> | 360000 | 360115 |
|  La Paz County Industrial Development Authority, 5.00%, 02/15/2046 (Obligor: Albuquerque Sch Excellnce) <sup>(a)</sup> | 245000 | 215375 |
| Maricopa County Industrial Development Authority | Maricopa County Industrial Development Authority | Maricopa County Industrial Development Authority |
| &nbsp;&nbsp; 5.63%, 07/01/2045 (Obligor: Paragon Management Inc) <sup>(a)</sup> | 535000 | 525957 |
| &nbsp;&nbsp; 5.88%, 07/01/2060 (Obligor: Paragon Management Inc) <sup>(a)</sup> | 1055000 | 1031246 |
|  Sierra Vista Industrial Development Authority, 5.75%, 06/15/2064 (Obligor: Fit Kids Inc) <sup>(a)</sup> | 2250000 | 2098591 |
| Superstition Vistas Community Facilities District No 2 | Superstition Vistas Community Facilities District No 2 | Superstition Vistas Community Facilities District No 2 |
| &nbsp;&nbsp; 5.70%, 07/01/2040 | 241000 | 242551 |
| &nbsp;&nbsp; 6.30%, 07/01/2049 | 430000 | 431769 |
|  |  | 7968387 |
| **California - 14.2%** | **California - 14.2%** | **California - 14.2%** |
|  California County Tobacco Securitization Agency, 6.00%, 06/01/2042 (Obligor: Alameda Cnty Tobacco Sec) | 265000 | 267147 |
|  California Health Facilities Financing Authority, 5.00%, 10/01/2044 (Obligor: Providence St Joseph Obl) | 100000 | 99966 |
|  California Infrastructure & Economic Development Bank, 9.50%, 01/01/2065 (Obligor: Desertxpress Enterprises) <sup>(a)(b)</sup> | 3185000 | 3020026 |
| California Municipal Finance Authority | California Municipal Finance Authority | California Municipal Finance Authority |
| &nbsp;&nbsp; 5.25%, 01/01/2045 (Obligor: Ascent 613) <sup>(a)</sup> | 1000000 | 946392 |
| &nbsp;&nbsp; 4.00%, 09/01/2050 (Obligor: Barlow Respiratory Hosp) | 865000 | 691396 |
| &nbsp;&nbsp; 5.63%, 11/01/2054 (Obligor: California Baptist Univ) <sup>(a)</sup> | 500000 | 497973 |
| &nbsp;&nbsp; 5.38%, 01/01/2055 (Obligor: Ascent 613) <sup>(a)</sup> | 800000 | 744284 |
| California Public Finance Authority | California Public Finance Authority | California Public Finance Authority |
| &nbsp;&nbsp; 6.38%, 06/01/2059 (Obligor: P3 Irvine Sl Holdings Obl) <sup>(a)</sup> | 1000000 | 901516 |
| &nbsp;&nbsp; 6.63%, 03/01/2065 (Obligor: Isf Ativo Portfolio Oblig) <sup>(a)</sup> | 2465000 | 2402378 |
| California Statewide Communities Development Authority | California Statewide Communities Development Authority | California Statewide Communities Development Authority |
| &nbsp;&nbsp; 5.25%, 12/01/2044 (Obligor: Loma Linda Univ Med Obl) | 140000 | 136339 |
| &nbsp;&nbsp; 5.50%, 12/01/2054 (Obligor: Loma Linda Univ Med Obl) | 25000 | 24608 |
|  California Statewide Financing Authority, 6.00%, 05/01/2043 (Obligor: Tsr Multi-county Spl Purp) | 205000 | 205488 |
|  Golden State Tobacco Securitization Corp., Zero Coupon, 06/01/2066 <sup>(c)</sup> | 10000000 | 1060421 |
|  Lompoc Unified School District, 5.25%, 08/01/2050 | 820000 | 869472 |
|  Los Angeles Department of Water & Power Water System Revenue, 3.00%, 07/01/2050 <sup>(d)</sup> | 1300000 | 1300000 |
|  San Francisco City & County Airport Comm-San Francisco International Airport, 5.25%, 05/01/2055 <sup>(b)</sup> | 2250000 | 2280865 |
|  Silicon Valley Tobacco Securitization Authority, Zero Coupon, 06/01/2041 <sup>(c)</sup> | 2500000 | 886628 |
| Tender Option Bond Trust Receipts/Certificates | Tender Option Bond Trust Receipts/Certificates | Tender Option Bond Trust Receipts/Certificates |
| &nbsp;&nbsp; 15.06%, 05/15/2055 <sup>(a)(b)(d)</sup> | 2000000 | 2365180 |
| &nbsp;&nbsp; 14.95%, 09/01/2059 <sup>(a)(d)</sup> | 2000000 | 2478716 |
|  |  | 21178795 |
| **Colorado - 8.3%** | **Colorado - 8.3%** | **Colorado - 8.3%** |
|  Colorado Health Facilities Authority, 5.00%, 09/15/2053 (Obligor: Bslc Ii Obligated Group) | 500000 | 406366 |
|  Colorado High Performance Transportation Enterprise, 5.00%, 12/31/2056 | 920000 | 879280 |
|  Creekwalk Marketplace Business Improvement District, 6.00%, 12/01/2054 | 875000 | 814244 |
|  Denver Health & Hospital Authority, 5.00%, 12/01/2039 | 25000 | 25039 |
|  Dominion Water & Sanitation District, 5.88%, 12/01/2052 | 1400000 | 1407053 |
|  Haymeadow Metropolitan District No 1, 6.13%, 12/01/2054 | 1000000 | 1007261 |
|  Mirabelle Metropolitan District No 2, 6.13%, 12/15/2049 | 1000000 | 966541 |
|  Pinery Commercial Metropolitan District No 2, 5.75%, 12/01/2054 | 1000000 | 967769 |
|  Red Barn Metropolitan District, 7.88%, 12/15/2055 | 650000 | 654507 |
|  Sojourn at Idlewild Metropolitan District, 6.13%, 12/01/2055 <sup>(a)</sup> | 1000000 | 1003343 |
| STC Metropolitan District No 2 | STC Metropolitan District No 2 | STC Metropolitan District No 2 |
| &nbsp;&nbsp; 6.25%, 12/01/2055 <sup>(a)</sup> | 2000000 | 2027228 |
| &nbsp;&nbsp; 8.00%, 12/15/2055 <sup>(a)</sup> | 1000000 | 1007788 |
|  Vail Home Partners Corp., 5.88%, 10/01/2055 <sup>(a)</sup> | 500000 | 500124 |
|  Weems Neighborhood Metropolitan District, 5.88%, 12/01/2055 | 700000 | 702367 |
|  |  | 12368910 |

---

------

Rockefeller Municipal Opportunities Fund

------

#### Schedule of Investments

#### June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MUNICIPAL BONDS - 99.3% (continued)** | **Par** | **Value** |
| **Connecticut - 1.2%** | **Connecticut - 1.2%** | **Connecticut - 1.2%** |
| Stamford Housing Authority | Stamford Housing Authority | Stamford Housing Authority |
| &nbsp;&nbsp; 6.50%, 10/01/2055 (Obligor: Tjh Sr Lvg Llc Oblig Grp) | $1000000 | $1002612 |
| &nbsp;&nbsp; 6.25%, 10/01/2060 (Obligor: Tjh Sr Lvg Llc Oblig Grp) | 750000 | 728102 |
|  |  | 1730714 |
| **Delaware - 0.8%** | **Delaware - 0.8%** | **Delaware - 0.8%** |
|  Delaware State Economic Development Authority, 6.00%, 07/01/2065 (Obligor: Academia Antonia Alonso I) <sup>(a)</sup> | 1250000 | 1235020 |
| **Florida - 6.8%** | **Florida - 6.8%** | **Florida - 6.8%** |
| Capital Projects Finance Authority/FL | Capital Projects Finance Authority/FL | Capital Projects Finance Authority/FL |
| &nbsp;&nbsp; 7.25%, 01/01/2055 (Obligor: Trilogy Cmty Dev Oblig Gp) <sup>(a)</sup> | 500000 | 501487 |
| &nbsp;&nbsp; 7.13%, 01/01/2065 (Obligor: Trilogy Cmty Dev Oblig Gp) <sup>(a)</sup> | 2500000 | 2424719 |
|  Capital Trust Authority, 5.25%, 06/15/2059 (Obligor: St Johns Classical Acdmy) <sup>(a)</sup> | 500000 | 453889 |
|  City of Miami Beach FL Stormwater Revenue, 5.00%, 09/01/2047 | 400000 | 403335 |
|  Florida Higher Educational Facilities Financing Authority, 6.25%, 07/01/2055 (Obligor: Keiser University Obligat) <sup>(a)</sup> | 1000000 | 1001831 |
|  Gas Worx Community Development District, 6.00%, 05/01/2057 <sup>(a)</sup> | 1020000 | 1008448 |
|  Langley South Community Development District, 5.40%, 05/01/2055 | 1000000 | 943697 |
|  Miami Beach Health Facilities Authority, 5.00%, 11/15/2039 (Obligor: Mt Sinai Med Ctr Fl Obl) | 70000 | 70003 |
|  Miami-Dade County Expressway Authority, 5.00%, 07/01/2040 | 2005000 | 2005004 |
|  Palm Beach County Health Facilities Authority, 5.00%, 05/15/2036 (Obligor: Lifespace Communities Obl) | 100000 | 100647 |
|  V-Dana Community Development District, 5.55%, 05/01/2055 | 1250000 | 1190777 |
|  |  | 10103837 |
| **Georgia - 0.2%** | **Georgia - 0.2%** | **Georgia - 0.2%** |
|  Atlanta Development Authority, 5.25%, 07/01/2040 | 115000 | 115088 |
|  Augusta GA Airport Revenue, 5.00%, 01/01/2034 | 100000 | 100058 |
|  Municipal Electric Authority of Georgia, 5.50%, 07/01/2060 | 50000 | 50007 |
|  |  | 265153 |
| **Hawaii - 1.6%** | **Hawaii - 1.6%** | **Hawaii - 1.6%** |
|  Tender Option Bond Trust Receipts/Certificates, 15.00%, 07/01/2054 <sup>(a)(b)(d)</sup> | 2000000 | 2350731 |
| **Illinois - 3.2%** | **Illinois - 3.2%** | **Illinois - 3.2%** |
|  City of Marion IL Sales Tax Revenue, 6.63%, 06/01/2055 | 1000000 | 1013385 |
|  Illinois State Toll Highway Authority, 5.00%, 01/01/2036 | 1700000 | 1700788 |
|  Upper Illinois River Valley Development Authority, 6.00%, 12/01/2055 (Obligor: Northern Kane Edu Corp) <sup>(a)</sup> | 2000000 | 1985998 |
|  |  | 4700171 |
| **Indiana - 3.3%** | **Indiana - 3.3%** | **Indiana - 3.3%** |
|  City of Evansville IN, 5.45%, 01/01/2038 (Obligor: Evansville Rcf Lp) | 1000000 | 924519 |
| City of Lafayette IN | City of Lafayette IN | City of Lafayette IN |
| &nbsp;&nbsp; 5.60%, 01/01/2033 (Obligor: Glasswtr Crk Of Lafayette) | 130000 | 127394 |
| &nbsp;&nbsp; 5.80%, 01/01/2037 (Obligor: Glasswtr Crk Of Lafayette) | 840000 | 808897 |
|  City of Valparaiso IN, 5.38%, 12/01/2041 (Obligor: Green Oaks Of Valparaiso) <sup>(a)</sup> | 750000 | 655869 |
|  Richmond Hospital Authority, 5.00%, 01/01/2039 (Obligor: Reid Hosp & Hlthcr Oblig) | 1610000 | 1598542 |
|  Town of Merrillville IN, 5.75%, 04/01/2036 (Obligor: Belvedere Slf Llc) | 900000 | 861969 |
|  |  | 4977190 |
| **Kansas - 0.9%** | **Kansas - 0.9%** | **Kansas - 0.9%** |
|  City of Hutchinson KS, 5.00%, 12/01/2041 (Obligor: Hutchinson Regl Med Oblig) | 100000 | 82440 |
|  City of Topeka KS, 6.50%, 12/01/2052 (Obligor: Congregational Home Oblig) | 1000000 | 1006416 |
|  Sedgwick County Public Building Commission, 5.00%, 02/01/2054 | 200000 | 200229 |
|  Wyandotte County-Kansas City Unified Government Utility System Revenue, 5.00%, 09/01/2044 | 55000 | 54807 |
|  |  | 1343892 |

---

------

Rockefeller Municipal Opportunities Fund

------

#### Schedule of Investments

#### June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MUNICIPAL BONDS - 99.3% (continued)** | **Par** | **Value** |
| **Kentucky - 1.4%** | **Kentucky - 1.4%** | **Kentucky - 1.4%** |
|  Kenton County Airport Board, 5.25%, 01/01/2054 <sup>(b)</sup> | $2000000 | $2021975 |
|  Kentucky Economic Development Finance Authority, 5.00%, 07/01/2040 (Obligor: Kentucky Wired Infras Inc) | 20000 | 20002 |
|  |  | 2041977 |
| **Maryland - 0.5%** | **Maryland - 0.5%** | **Maryland - 0.5%** |
|  City of Rockville MD, 5.00%, 11/01/2047 (Obligor: King Farm Presbyterian Ob) | 645000 | 575213 |
|  Maryland Economic Development Corp., 5.00%, 06/01/2027 (Obligor: Salisbury University Project) | 30000 | 30018 |
|  Maryland Health & Higher Educational Facilities Authority, 5.00%, 07/01/2040 (Obligor: Meritus Med Ctr Oblig Grp) | 100000 | 100000 |
|  |  | 705231 |
| **Massachusetts - 1.1%** | **Massachusetts - 1.1%** | **Massachusetts - 1.1%** |
| Massachusetts Development Finance Agency | Massachusetts Development Finance Agency | Massachusetts Development Finance Agency |
| &nbsp;&nbsp; 5.00%, 07/01/2044 (Obligor: Wellforce Obligated Group) | 750000 | 710375 |
| &nbsp;&nbsp; 5.88%, 12/01/2060 (Obligor: Ginger Care Inc Oblig Grp) <sup>(a)</sup> | 1050000 | 964829 |
|  |  | 1675204 |
| **Minnesota - 1.3%** | **Minnesota - 1.3%** | **Minnesota - 1.3%** |
|  City of Apple Valley MN, 5.63%, 09/01/2065 (Obligor: Phs Apple Vly Senior Hsg) | 750000 | 744592 |
| City of Eagan MN | City of Eagan MN | City of Eagan MN |
| &nbsp;&nbsp; 6.25%, 02/01/2045 (Obligor: Great Oaks Academy) <sup>(a)</sup> | 250000 | 243272 |
| &nbsp;&nbsp; 6.38%, 02/01/2055 (Obligor: Great Oaks Academy) <sup>(a)</sup> | 350000 | 334306 |
| &nbsp;&nbsp; 6.50%, 02/01/2065 (Obligor: Great Oaks Academy) <sup>(a)</sup> | 625000 | 596857 |
|  |  | 1919027 |
| **Missouri - 2.4%** | **Missouri - 2.4%** | **Missouri - 2.4%** |
| Health & Educational Facilities Authority of the State of Missouri | Health & Educational Facilities Authority of the State of Missouri | Health & Educational Facilities Authority of the State of Missouri |
| &nbsp;&nbsp; 5.00%, 06/01/2033 (Obligor: Ks City Univ) | 1025000 | 1025100 |
| &nbsp;&nbsp; 5.00%, 11/15/2044 (Obligor: Coxhealth Obligated Group) | 65000 | 64059 |
| &nbsp;&nbsp; 5.00%, 11/15/2045 (Obligor: Mercy Health) | 50000 | 49998 |
|  Missouri Housing Development Commission, 5.00%, 11/01/2055 | 2500000 | 2472805 |
|  |  | 3611962 |
| **Montana - 0.8%** | **Montana - 0.8%** | **Montana - 0.8%** |
|  City of Kalispell MT, 6.00%, 05/15/2060 (Obligor: Immanuel Living Oblig Grp) | 1250000 | 1250801 |
| **Nebraska - 0.1%** | **Nebraska - 0.1%** | **Nebraska - 0.1%** |
|  Douglas County Sanitary & Improvement District No 608, 5.75%, 12/15/2037 | 50000 | 45337 |
|  Municipal Energy Agency of Nebraska, 5.00%, 04/01/2036 | 25000 | 25037 |
|  Omaha Public Power District Nebraska City Station Unit 2, 5.25%, 02/01/2046 | 140000 | 140061 |
|  |  | 210435 |
| **Nevada - 1.0%** | **Nevada - 1.0%** | **Nevada - 1.0%** |
|  City of Las Vegas NV Special Improvement District No 613, 5.25%, 12/01/2047 | 650000 | 624535 |
|  City of Reno NV, 5.25%, 06/01/2054 <sup>(a)</sup> | 1000000 | 928797 |
|  |  | 1553332 |
| **New Hampshire - 0.8%** | **New Hampshire - 0.8%** | **New Hampshire - 0.8%** |
| New Hampshire Business Finance Authority | New Hampshire Business Finance Authority | New Hampshire Business Finance Authority |
| &nbsp;&nbsp; Zero Coupon, 12/01/2031 <sup>(a)(c)</sup> | 1000000 | 678186 |
| &nbsp;&nbsp; 5.88%, 04/01/2060 (Obligor: Pennichuck Water Works) <sup>(b)</sup> | 500000 | 498831 |
|  |  | 1177017 |
| **New York - 11.5%** | **New York - 11.5%** | **New York - 11.5%** |
|  Albany Capital Resource Corp., 5.00%, 12/01/2029 (Obligor: Albany Clg Of Pharmacy) | 240000 | 240176 |
|  Build NYC Resource Corp., 5.00%, 09/01/2059 (Obligor: Bay Ridge Preparatory Sch) <sup>(a)</sup> | 500000 | 441433 |

---

------

Rockefeller Municipal Opportunities Fund

------

#### Schedule of Investments

#### June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MUNICIPAL BONDS - 99.3% (continued)** | **Par** | **Value** |
|  **New York - 11.5% (continued)** |  |  |
|  Clinton County Capital Resource Corp., 5.00%, 07/01/2046 <sup>(a)</sup> | 300000 | 288618 |
|  New York City Housing Development Corp., 5.30%, 11/01/2060 | 1215000 | 1236709 |
|  New York City Transitional Finance Authority, 5.25%, 02/01/2053 | 3500000 | 3624299 |
| New York Transportation Development Corp. | New York Transportation Development Corp. | New York Transportation Development Corp. |
| &nbsp;&nbsp; 5.00%, 07/01/2041 (Obligor: Laguardia Gateway Partner) <sup>(b)</sup> | 2005000 | 2005070 |
| &nbsp;&nbsp; 5.00%, 07/01/2046 (Obligor: Laguardia Gateway Partner) <sup>(b)</sup> | 230000 | 222976 |
| &nbsp;&nbsp; 5.25%, 01/01/2050 (Obligor: Laguardia Gateway Partner) <sup>(b)</sup> | 275000 | 271320 |
| &nbsp;&nbsp; 5.00%, 06/30/2060 (Obligor: Jfk Nto Llc) <sup>(b)</sup> | 1000000 | 940359 |
| &nbsp;&nbsp; 5.50%, 06/30/2060 (Obligor: Jfk Nto Llc) <sup>(b)</sup> | 1000000 | 1000628 |
|  Port Authority of New York & New Jersey, 5.00%, 01/15/2052 <sup>(b)</sup> | 1500000 | 1501504 |
| Tender Option Bond Trust Receipts/Certificates | Tender Option Bond Trust Receipts/Certificates | Tender Option Bond Trust Receipts/Certificates |
| &nbsp;&nbsp; 13.94%, 06/15/2054 <sup>(a)(d)</sup> | 2000000 | 2300914 |
| &nbsp;&nbsp; 14.95%, 12/01/2056 (Obligor: Syracuse University) <sup>(a)(d)</sup> | 2500000 | 3119618 |
|  |  | 17193624 |
| **Ohio - 8.7%** | **Ohio - 8.7%** | **Ohio - 8.7%** |
|  Buckeye Tobacco Settlement Financing Authority, 5.00%, 06/01/2055 | 3915000 | 3342402 |
|  Columbus Regional Airport Authority, 5.50%, 01/01/2050 <sup>(b)</sup> | 3000000 | 3112654 |
| Ohio Housing Finance Agency | Ohio Housing Finance Agency | Ohio Housing Finance Agency |
| &nbsp;&nbsp; 5.70%, 08/01/2043 (Obligor: Havens Edge Apts Llc) <sup>(a)</sup> | 1000000 | 1012611 |
| &nbsp;&nbsp; 6.00%, 01/01/2045 (Obligor: Mansfield Aal Lp) <sup>(a)</sup> | 1000000 | 948417 |
| &nbsp;&nbsp; 6.38%, 01/01/2045 (Obligor: Bedford Heights Aal Lp) <sup>(a)</sup> | 1500000 | 1506124 |
|  Port of Greater Cincinnati Development Authority, 6.50%, 01/01/2045 (Obligor: Vivera Northbrook Llc) <sup>(a)</sup> | 1500000 | 1514338 |
| State of Ohio | State of Ohio | State of Ohio |
| &nbsp;&nbsp; 5.00%, 12/31/2035 <sup>(b)</sup> | 1400000 | 1400667 |
| &nbsp;&nbsp; 5.00%, 06/30/2053 <sup>(b)</sup> | 180000 | 172263 |
|  |  | 13009476 |
| **Oklahoma - 0.0%<sup>(e)</sup>** | **Oklahoma - 0.0%<sup>(e)</sup>** | **Oklahoma - 0.0%<sup>(e)</sup>** |
|  Norman Regional Hospital Authority, 4.00%, 09/01/2037 (Obligor: Norman Regl Hosp Auth Obl) | 35000 | 28104 |
| **Oregon - 0.7%** | **Oregon - 0.7%** | **Oregon - 0.7%** |
|  Oregon State Facilities Authority, 6.00%, 06/15/2065 (Obligor: Personalized Learning Inc) <sup>(a)</sup> | 1000000 | 1004763 |
| **Pennsylvania - 2.1%** | **Pennsylvania - 2.1%** | **Pennsylvania - 2.1%** |
|  Lancaster County Hospital Authority/PA, 5.00%, 07/01/2035 (Obligor: Landis Homes Oblig Grp) | 20000 | 20001 |
|  Northeastern Pennsylvania Hospital and Education Authority, 5.25%, 03/01/2037 (Obligor: Wilkes University) | 495000 | 491472 |
| Pennsylvania Housing Finance Agency | Pennsylvania Housing Finance Agency | Pennsylvania Housing Finance Agency |
| &nbsp;&nbsp; 5.15%, 10/01/2050 | 500000 | 500089 |
| &nbsp;&nbsp; 5.20%, 04/01/2053 | 2000000 | 1998950 |
|  West Shore Area Authority, 5.00%, 07/01/2030 (Obligor: Messiah Lifeways Obl Grp) | 70000 | 70017 |
|  |  | 3080529 |
| **Puerto Rico - 0.7%** | **Puerto Rico - 0.7%** | **Puerto Rico - 0.7%** |
|  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Zero Coupon, 07/01/2051 <sup>(c)</sup> | 4492000 | 1050272 |
| **South Carolina - 3.2%** | **South Carolina - 3.2%** | **South Carolina - 3.2%** |
| South Carolina Jobs-Economic Development Authority | South Carolina Jobs-Economic Development Authority | South Carolina Jobs-Economic Development Authority |
| &nbsp;&nbsp; 5.00%, 06/15/2051 (Obligor: Virtus Academy) <sup>(a)</sup> | 625000 | 474110 |
| &nbsp;&nbsp; 5.00%, 06/15/2056 (Obligor: Virtus Academy) <sup>(a)</sup> | 1505000 | 1115568 |
| &nbsp;&nbsp; 7.75%, 10/01/2057 (Obligor: Cr River Park LLC) | 3150000 | 3179157 |
|  |  | 4768835 |
| **Tennessee - 1.4%** | **Tennessee - 1.4%** | **Tennessee - 1.4%** |
|  Tender Option Bond Trust Receipts/Certificates, 19.78%, 07/01/2055 <sup>(a)(d)</sup> | 1875000 | 2157880 |

---

------

Rockefeller Municipal Opportunities Fund

------

#### Schedule of Investments

#### June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MUNICIPAL BONDS - 99.3% (continued)** | **Par** | **Value** |
| **Texas - 6.6%** | **Texas - 6.6%** | **Texas - 6.6%** |
| City of Buda TX | City of Buda TX | City of Buda TX |
| &nbsp;&nbsp; 6.00%, 09/01/2055 <sup>(a)</sup> | $1750000 | $1647881 |
| &nbsp;&nbsp; 6.75%, 09/01/2055 <sup>(a)</sup> | 1000000 | 945917 |
|  City of Corpus Christi TX Utility System Revenue, 5.00%, 07/15/2040 | 450000 | 450110 |
|  City of Fort Worth TX, 5.25%, 03/01/2043 | 105000 | 105048 |
| City of Granbury TX | City of Granbury TX | City of Granbury TX |
| &nbsp;&nbsp; 7.25%, 09/15/2045 | 1000000 | 1004159 |
| &nbsp;&nbsp; 7.50%, 09/15/2055 | 1000000 | 1004769 |
|  County of Denton TX, 5.63%, 12/31/2055 <sup>(a)</sup> | 1000000 | 1009857 |
| New Hope Cultural Education Facilities Finance Corp. | New Hope Cultural Education Facilities Finance Corp. | New Hope Cultural Education Facilities Finance Corp. |
| &nbsp;&nbsp; 5.25%, 10/01/2055 (Obligor: Presbyterian Vlg North Ob) | 1000000 | 879434 |
| &nbsp;&nbsp; 6.50%, 10/01/2055 (Obligor: Bella Vida Forefront Livi) | 1830000 | 1782530 |
| &nbsp;&nbsp; 6.50%, 10/01/2060 (Obligor: Bella Vida Forefront Livi) | 865000 | 837040 |
|  Tarrant County Cultural Education Facilities Finance Corp., 5.00%, 11/15/2035 (Obligor: Barton Creek Sr Living Ob) | 135000 | 135027 |
|  |  | 9801772 |
| **Utah - 4.9%** | **Utah - 4.9%** | **Utah - 4.9%** |
|  County of Utah UT, 5.00%, 05/15/2041 (Obligor: Intermountain Hlthcr Oblg) | 125000 | 125166 |
|  Desert Edge Public Infrastructure District No 1, Zero Coupon, 03/01/2055 <sup>(a)(c)</sup> | 1000000 | 747852 |
|  Jordanelle Ridge Public Infrastructure District No 2, 7.88%, 03/15/2055 <sup>(a)</sup> | 1988000 | 1992218 |
| Mida Cormont Public Infrastructure District | Mida Cormont Public Infrastructure District | Mida Cormont Public Infrastructure District |
| &nbsp;&nbsp; Zero Coupon, 06/01/2055 <sup>(a)(c)</sup> | 1000000 | 814932 |
| &nbsp;&nbsp; 6.25%, 06/01/2055 <sup>(a)</sup> | 600000 | 615571 |
|  Soleil Hills Public Infrastructure District No 1, 5.88%, 03/01/2055 <sup>(a)</sup> | 1000000 | 956439 |
|  Tech Ridge Public Infrastructure District, 6.25%, 12/01/2054 <sup>(a)</sup> | 1000000 | 1006516 |
|  Wakara Ridge Public Infrastructure District, 5.63%, 12/01/2054 <sup>(a)</sup> | 1000000 | 1000024 |
|  |  | 7258718 |
| **Wisconsin - 4.3%** | **Wisconsin - 4.3%** | **Wisconsin - 4.3%** |
| Public Finance Authority | Public Finance Authority | Public Finance Authority |
| &nbsp;&nbsp; Zero Coupon, 12/15/2034 <sup>(a)(c)</sup> | 2000000 | 1145754 |
| &nbsp;&nbsp; 5.50%, 09/01/2051 (Obligor: Discovery Charter Sch Grp) | 150000 | 122302 |
| &nbsp;&nbsp; 5.25%, 12/01/2054 | 1000000 | 934257 |
| &nbsp;&nbsp; 5.50%, 06/01/2055 (Obligor: Campus Real Estate Hldg) | 600000 | 592150 |
| &nbsp;&nbsp; 4.75%, 06/15/2056 (Obligor: Gray Collegiate Academy) <sup>(a)</sup> | 740000 | 570645 |
| &nbsp;&nbsp; 6.45%, 04/01/2060 (Obligor: Sheboygan Christian Sch A) <sup>(a)</sup> | 1000000 | 934597 |
| &nbsp;&nbsp; 5.75%, 07/01/2062 | 500000 | 501660 |
| &nbsp;&nbsp; 5.25%, 06/15/2065 (Obligor: Triad Math & Science Acad) | 1000000 | 935296 |
| Wisconsin Health & Educational Facilities Authority | Wisconsin Health & Educational Facilities Authority | Wisconsin Health & Educational Facilities Authority |
| &nbsp;&nbsp; 4.50%, 07/01/2043 (Obligor: Chiara Communities Inc) | 140000 | 117328 |
| &nbsp;&nbsp; 6.63%, 07/01/2060 (Obligor: Chiara Hsg & Svcs Obl Grp) | 600000 | 618215 |
|  |  | 6472204 |
| **TOTAL MUNICIPAL BONDS** (Cost $149,447,994) | **TOTAL MUNICIPAL BONDS** (Cost $149,447,994) | 148193963 |
| **TOTAL INVESTMENTS - 99.3% (**Cost $149,447,994**)** | **TOTAL INVESTMENTS - 99.3% (**Cost $149,447,994**)** | 148193963 |
| Other Assets in Excess of Liabilities - 0.7% | Other Assets in Excess of Liabilities - 0.7% | 1055001 |
| **TOTAL NET ASSETS - 100.0%** |  | $149248964 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of June 30, 2025, the value of these securities total $68,724,240 or 46.0% of the Fund's net assets.

(b) Security subject to the Alternative Minimum Tax ("AMT"). As of June 30, 2025, the total value of securities subject to the AMT was $23,165,049 or 15.5% of net assets.

(c) Zero coupon bonds make no periodic interest payments.

(d) Coupon rate may be variable or floating based on components other than reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate
 disclosed is as of June 30, 2025.

(e) Represents less than 0.05% of net assets.

------

Rockefeller Municipal Opportunities Fund

------

#### Schedule of Investments

#### June 30, 2025 (Unaudited)

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
Rockefeller Municipal Opportunities Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds |  | 148193963 |  | 148193963 |
| Total Investments |  | 148193963 |  | 148193963 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Rockefeller Municipal Opportunities Fund

- **b. Investment Company Act file number:** 811-23993

- **c. CIK number of Registrant:** 0002033164

- **d. LEI of Registrant:** 529900IHFQT1E7QX3P40

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 626-914-7385

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

- **a. Name of Series:** Rockefeller Municipal Opportunities Fund

- **c. LEI of Series:** 529900IHFQT1E7QX3P40

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $150652021.43

**Total Liabilities:** $4412639.66

**Net Assets:** $146239381.77

**Delayed Delivery Securities:** $3500000.00

**Cash Not Reported:** $515830.54

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 4073.688550000000 | **1-Year:** 876.482446000000 | **5-Year:** 12196.138787000000 | **10-Year:** 25410.494086000000 | **30-Year:** 4.885517000000

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

- **3-Month:** 3910.101394000000 | **1-Year:** 8773.879175000000 | **5-Year:** 53300.237212000000 | **10-Year:** 34157.930297000000 | **30-Year:** 104.795120000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.66%               | -0.53%               | 0.96%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-687050.77              | $-1143815.08                               |
| Month 2  | $-330776.02              | $-957894.08                                |
| Month 3  | $-179421.40              | $980059.35                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OMAHA NE PUBLIC PWR DIST SEPAR | Omaha Public Power District Nebraska City Station Unit 2                     | CUSIP: 682004EG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140060.80    | 0.10%             | 2046-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY AZ INDL DEV AUTH EDU | Industrial Development Authority of the County of Pima/The                   | CUSIP: 72177PBU3<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    360000 | PA      | $360115.09    | 0.25%             | 2047-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                       | CUSIP: 13048VUP1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    865000 | PA      | $691396.06    | 0.47%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI | Tender Option Bond Trust Receipts/Certificates                               | CUSIP: 88035PK23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2157879.88   | 1.48%             | 2055-07-01      | Variable      | 19.78%                | No            |                  2 | On Loan: No      |
| WAKARA RIDGE PUB INFRASTRUCTUR | Wakara Ridge Public Infrastructure District                                  | CUSIP: 930814AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000023.50   | 0.68%             | 2054-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HLTH EDL FACS AUTH S | Wisconsin Health & Educational Facilities Authority                          | CUSIP: 97671VCU7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    600000 | PA      | $618215.04    | 0.42%             | 2060-07-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| AUGUSTA GA ARPT REVENUE        | Augusta GA Airport Revenue                                                   | CUSIP: 051177BS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100058.46    | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL  | New York City Transitional Finance Authority                                 | CUSIP: 64972JGW2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3624298.65   | 2.48%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV | Ohio Housing Finance Agency                                                  | CUSIP: 676900XS7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506124.05   | 1.03%             | 2045-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                          | CUSIP: 64542UFL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $879433.60    | 0.60%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| APPLE VY MN SENIOR HSG REVENUE | City of Apple Valley MN                                                      | CUSIP: 03800RBL9<br>LEI: 549300AMWD6044L1SO95 | Long             | DBT              | MUN               | US        |    750000 | PA      | $744592.43    | 0.51%             | 2065-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT | California Statewide Communities Development Authority                       | CUSIP: 13080SEW0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    140000 | PA      | $136338.72    | 0.09%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FL FIN AUTH SENI | Capital Projects Finance Authority/FL                                        | CUSIP: 14043HAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501486.65    | 0.34%             | 2055-01-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OH REGL ARPT AUTH REV | Columbus Regional Airport Authority                                          | CUSIP: 199546DC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3112654.20   | 2.13%             | 2050-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DENVER CO HLTH & HOSP AUTH HLT | Denver Health & Hospital Authority                                           | CUSIP: 24918EDN7<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25038.49     | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NV SPL IMPT DIST NO  | City of Las Vegas NV Special Improvement District No 613                     | CUSIP: 51779CAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $624535.28    | 0.43%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                             | CUSIP: 56681MAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $525956.95    | 0.36%             | 2045-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MARION IL SALES TAX REVENUE    | City of Marion IL Sales Tax Revenue                                          | CUSIP: 569498AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013385.10   | 0.69%             | 2055-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                     | CUSIP: 57585BCX4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $964828.83    | 0.66%             | 2060-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUC | Mida Cormont Public Infrastructure District                                  | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615571.20    | 0.42%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GEORGIA      | Municipal Electric Authority of Georgia                                      | CUSIP: 626207H31<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50006.47     | 0.03%             | 2060-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORMAN OK REGL HOSP AUTH HOSP  | Norman Regional Hospital Authority                                           | CUSIP: 656178DN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $28103.55     | 0.02%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                          | CUSIP: 70879QV91<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998950.00   | 1.37%             | 2053-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                    | CUSIP: 87638RFS1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135026.77    | 0.09%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH CNTY UT HOSP REVENUE      | County of Utah UT                                                            | CUSIP: 917393CV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125166.11    | 0.09%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AZ INDL DEV AUTH SF MTGE REVEN | Arizona Industrial Development Authority                                     | CUSIP: 04052JDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750634.58    | 0.51%             | 2050-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BUDA TX SPL ASSMNT REVENUE     | City of Buda TX                                                              | CUSIP: 118829AC4<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1647880.68   | 1.13%             | 2055-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE & | California Infrastructure & Economic Development Bank                        | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3020026.24   | 2.07%             | 2065-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH STUDEN | California Municipal Finance Authority                                       | CUSIP: 13051EAJ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $744284.40    | 0.51%             | 2055-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOBACCO SECURITIZATI | Golden State Tobacco Securitization Corp                                     | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $1060421.00   | 0.73%             | 2066-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LANGLEY SOUTH CDD FL SPL ASSMN | Langley South Community Development District                                 | CUSIP: 515816AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943697.10    | 0.65%             | 2055-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                             | CUSIP: 56681MAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1031246.57   | 0.71%             | 2060-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RENO NV SPL ASSMNT             | City of Reno NV                                                              | CUSIP: 759865CF3<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928797.10    | 0.64%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH           | Stamford Housing Authority                                                   | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002612.40   | 0.69%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUPERSTITION VISTAS CMNTY FACS | Superstition Vistas Community Facilities District No 2                       | CUSIP: 86852CAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $431768.93    | 0.30%             | 2049-07-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| ALBANY NY CAPITAL RESOURCE COR | Albany Capital Resource Corp                                                 | CUSIP: 012432BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240176.42    | 0.16%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUDA TX SPL ASSMNT REVENUE     | City of Buda TX                                                              | CUSIP: 118829AF7<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $945917.40    | 0.65%             | 2055-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH STUDEN | California Municipal Finance Authority                                       | CUSIP: 13051EAH3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946391.80    | 0.65%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                          | CUSIP: 13057GAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2402377.91   | 1.64%             | 2065-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TX SPL TAX REVENUE  | City of Fort Worth TX                                                        | CUSIP: 349507BS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105047.49    | 0.07%             | 2043-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PINERY CO COML MET DIST #2 SPL | Pinery Commercial Metropolitan District No 2                                 | CUSIP: 72330FAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967769.00    | 0.66%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE | Public Finance Authority                                                     | CUSIP: 744396GD8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    150000 | PA      | $122302.16    | 0.08%             | 2051-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                     | CUSIP: 74442PL45<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1145753.60   | 0.78%             | 2034-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4492000 | PA      | $1050272.27   | 0.72%             | 2051-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOJOURN AT IDLEWILD MET DIST C | Sojourn at Idlewild Metropolitan District                                    | CUSIP: 83408GAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003343.30   | 0.69%             | 2055-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT  | Buckeye Tobacco Settlement Financing Authority                               | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3915000 | PA      | $3342401.89   | 2.29%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD FING AUTH T | California Statewide Financing Authority                                     | CUSIP: 130923AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205488.37    | 0.14%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CO HIGH PERFORMANCE TRANSPRTN  | Colorado High Performance Transportation Enterprise                          | CUSIP: 19648DAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $879280.06    | 0.60%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH CHRT | Delaware State Economic Development Authority                                | CUSIP: 246372BJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1235020.13   | 0.84%             | 2065-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                      | CUSIP: 12008EWE2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $441432.60    | 0.30%             | 2059-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                       | CUSIP: 13048V3G1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $497972.90    | 0.34%             | 2054-11-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CLINTON CNTY NY CAPITAL RESOUR | Clinton County Capital Resource Corp                                         | CUSIP: 187469AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $288618.03    | 0.20%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST SHORE PA AREA AUTH REVENU | West Shore Area Authority                                                    | CUSIP: 95581QAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70017.04     | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOMPOC CA UNIF SCH DIST        | Lompoc Unified School District                                               | CUSIP: 541772LS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $869472.08    | 0.59%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC | California County Tobacco Securitization Agency                              | CUSIP: 13016NBY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $267146.45    | 0.18%             | 2042-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                          | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $901516.10    | 0.62%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FL FIN AUTH SENI | Capital Projects Finance Authority/FL                                        | CUSIP: 14043HAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2424719.00   | 1.66%             | 2065-01-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                         | CUSIP: 19648FJA3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $406365.75    | 0.28%             | 2053-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPUS CHRISTI TX UTILITY SYSR | City of Corpus Christi TX Utility System Revenue                             | CUSIP: 220245WR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450109.98    | 0.31%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STC MET DIST #2 CO             | STC Metropolitan District No 2                                               | CUSIP: 85780TBD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027228.20   | 1.39%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI | Tender Option Bond Trust Receipts/Certificates                               | CUSIP: 88035MB95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2365180.00   | 1.62%             | 2055-05-15      | Variable      | 15.06%                | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI | Tender Option Bond Trust Receipts/Certificates                               | CUSIP: 88035PJW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $3119618.00   | 2.13%             | 2056-12-01      | Variable      | 14.95%                | No            |                  2 | On Loan: No      |
| MERRILLVILLE IN ECON DEV REVEN | Town of Merrillville IN                                                      | CUSIP: 590250AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $861968.88    | 0.59%             | 2036-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60636AHJ5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1025099.53   | 0.70%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST BUSINESS FIN  | New Hampshire Business Finance Authority                                     | CUSIP: 644684HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498830.50    | 0.34%             | 2060-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N ESTRN PA HOSP & EDU AUTH     | Northeastern Pennsylvania Hospital and Education Authority                   | CUSIP: 664556CE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $491471.44    | 0.34%             | 2037-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL STORMWTR REVENU | City of Miami Beach FL Stormwater Revenue                                    | CUSIP: 59324PEC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $403335.44    | 0.28%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUC | Mida Cormont Public Infrastructure District                                  | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $814931.70    | 0.56%             | 2055-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIRABELLE MET DIST #2 CO       | Mirabelle Metropolitan District No 2                                         | CUSIP: 60458HAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966540.40    | 0.66%             | 2049-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60637AGN6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     50000 | PA      | $49998.45     | 0.03%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION | Missouri Housing Development Commission                                      | CUSIP: 60637GJJ9<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2472804.75   | 1.69%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                     | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000627.60   | 0.68%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV | Ohio Housing Finance Agency                                                  | CUSIP: 676900XJ7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948417.40    | 0.65%             | 2045-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEDGWICK CNTY KS PUBLIC BLDG C | Sedgwick County Public Building Commission                                   | CUSIP: 81533PLJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200229.42    | 0.14%             | 2054-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA AZ INDL DEV AUTH  | Sierra Vista Industrial Development Authority                                | CUSIP: 82652UBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2098590.75   | 1.44%             | 2064-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI | Tender Option Bond Trust Receipts/Certificates                               | CUSIP: 88035MA70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2478716.00   | 1.69%             | 2059-09-01      | Variable      | 14.95%                | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI | Tender Option Bond Trust Receipts/Certificates                               | CUSIP: 88035MZ40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2300914.40   | 1.57%             | 2054-06-15      | Variable      | 13.94%                | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AUTH FL EDUCTNL  | Capital Trust Authority                                                      | CUSIP: 14054WBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $453889.25    | 0.31%             | 2059-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No 608                        | CUSIP: 25940PAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $45336.77     | 0.03%             | 2037-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRANBURY TX SPL ASSMNT REVENUE | City of Granbury TX                                                          | CUSIP: 385065AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004769.00   | 0.69%             | 2055-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                     | CUSIP: 57584YQJ1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    750000 | PA      | $710375.55    | 0.49%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL HLTH FACS AUTH  | Miami Beach Health Facilities Authority                                      | CUSIP: 593211EW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70002.74     | 0.05%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST PRIVATE ACTIVITY REVEN | State of Ohio                                                                | CUSIP: 67759YAQ0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    180000 | PA      | $172263.35    | 0.12%             | 2053-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH CHRT SCH R | Oregon State Facilities Authority                                            | CUSIP: 68607AAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004763.00   | 0.69%             | 2065-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI STUDENT HSG | Public Finance Authority                                                     | CUSIP: 74439YGG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $592150.38    | 0.40%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POOLED CHRT | Public Finance Authority                                                     | CUSIP: 74448GAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501660.25    | 0.34%             | 2062-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOLEIL HILLS PUB INFRASTRUCTUR | Soleil Hills Public Infrastructure District No 1                             | CUSIP: 834201AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956439.50    | 0.65%             | 2055-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HLTH EDL FACS AUTH S | Wisconsin Health & Educational Facilities Authority                          | CUSIP: 97671VBG9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    140000 | PA      | $117328.51    | 0.08%             | 2043-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | Kentucky Economic Development Finance Authority                              | CUSIP: 49126PFA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20001.74     | 0.01%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IN MF HSG REVENUE    | City of Lafayette IN                                                         | CUSIP: 506309AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $808897.32    | 0.55%             | 2037-01-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| V-DANA CDD FL SPL ASSMNT       | V-Dana Community Development District                                        | CUSIP: 91822RAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1190777.00   | 0.81%             | 2055-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| EAGAN MN CHRTR SCH LEASE REVEN | City of Eagan MN                                                             | CUSIP: 26940AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $334306.56    | 0.23%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EAGAN MN CHRTR SCH LEASE REVEN | City of Eagan MN                                                             | CUSIP: 26940AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $596856.81    | 0.41%             | 2065-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                        | CUSIP: 452252KQ1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200092.64    | 0.14%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JORDANELLE RIDGE PUBLIC INFRA  | Jordanelle Ridge Public Infrastructure District No 2                         | CUSIP: 480790AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1988000 | PA      | $1992217.94   | 1.36%             | 2055-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| KALISPELL MT REVENUE           | City of Kalispell MT                                                         | CUSIP: 48343AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250801.13   | 0.86%             | 2060-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL EXPRESSWAY  | Miami-Dade County Expressway Authority                                       | CUSIP: 59334KFW3<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2005004.01   | 1.37%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                          | CUSIP: 64542UHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1782530.35   | 1.22%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                          | CUSIP: 64542UHG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $837040.35    | 0.57%             | 2060-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT | Port of Greater Cincinnati Development Authority                             | CUSIP: 73419RAE2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1514337.45   | 1.04%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE | Public Finance Authority                                                     | CUSIP: 744396HF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    740000 | PA      | $570644.64    | 0.39%             | 2056-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                           | CUSIP: 837031WQ2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3179157.03   | 2.17%             | 2057-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                           | CUSIP: 83704MBZ8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    625000 | PA      | $474109.69    | 0.32%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STC MET DIST #2 CO             | STC Metropolitan District No 2                                               | CUSIP: 85780TBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007788.30   | 0.69%             | 2055-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CREEKWALK MARKETPLACE BUSINESS | Creekwalk Marketplace Business Improvement District                          | CUSIP: 225515AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $814243.94    | 0.56%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                        | CUSIP: 452252JT7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500694.80   | 1.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HLTH & HGR EDUCTNL | Maryland Health & Higher Educational Facilities Authority                    | CUSIP: 574218XZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60637AEB4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     65000 | PA      | $64058.80     | 0.04%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                     | CUSIP: 63608TAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $678186.50    | 0.46%             | 2031-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                     | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2005069.57   | 1.37%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                     | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $271320.03    | 0.19%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                     | CUSIP: 650116HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $940359.00    | 0.64%             | 2060-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHMOND IN HOSP AUTH REVENUE  | Richmond Hospital Authority                                                  | CUSIP: 764791BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1598541.79   | 1.09%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKVILLE MD MAYOR & COUNCIL E | City of Rockville MD                                                         | CUSIP: 774223BX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $575213.19    | 0.39%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY/KANSAS CITY KS  | Wyandotte County-Kansas City Unified Government Utility System Revenue       | CUSIP: 982674KF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54807.38     | 0.04%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA DEV AUTH            | Atlanta Development Authority/The                                            | CUSIP: 04780NJK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115088.11    | 0.08%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT | California Statewide Communities Development Authority                       | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |     25000 | PA      | $24607.76     | 0.02%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                       | CUSIP: 514045H97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20001.10     | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                 | CUSIP: 544525A81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.89%             | 2050-07-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP STUD | Maryland Economic Development Corp                                           | CUSIP: 57420VLP6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30017.78     | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                     | CUSIP: 74442PN92<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934256.90    | 0.64%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                           | CUSIP: 83704MCA2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1115567.86   | 0.76%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH           | Stamford Housing Authority                                                   | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $728101.73    | 0.50%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUPERSTITION VISTAS CMNTY FACS | Superstition Vistas Community Facilities District No 2                       | CUSIP: 86852CAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    241000 | PA      | $242551.05    | 0.17%             | 2040-07-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TECH RIDGE PUB INFRASTRUCTURE  | Tech Ridge Public Infrastructure District                                    | CUSIP: 878296AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006515.80   | 0.69%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI | Tender Option Bond Trust Receipts/Certificates                               | CUSIP: 88035MLM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2350731.20   | 1.61%             | 2054-07-01      | Variable      | 15.00%                | No            |                  2 | On Loan: No      |
| TOPEKA KS HLTH CARE FACS REVEN | City of Topeka KS                                                            | CUSIP: 890585BU5<br>LEI: 549300NFEU1XBKVICM54 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006415.70   | 0.69%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UPPER IL RIVER VLY DEV AUTH    | Upper Illinois River Valley Development Authority                            | CUSIP: 91588XAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985998.40   | 1.36%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG | Vail Home Partners Corp                                                      | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500124.35    | 0.34%             | 2055-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VALPARAISO IN MF HSG REVENUE   | City of Valparaiso IN                                                        | CUSIP: 920286AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $655868.70    | 0.45%             | 2041-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WEEMS NEIGHBORHOOD MET DIST CO | Weems Neighborhood Metropolitan District                                     | CUSIP: 948572AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $702366.49    | 0.48%             | 2055-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                     | CUSIP: 04052BTR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961171.60   | 1.34%             | 2065-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AZ INDL DEV AUTH SF MTGE REVEN | Arizona Industrial Development Authority                                     | CUSIP: 04052JDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350976.36    | 0.24%             | 2053-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HUTCHINSON KS HOSP FACS REVENU | City of Hutchinson KS                                                        | CUSIP: 44816RAS1<br>LEI: 549300TUCDL8L0PET640 | Long             | DBT              | MUN               | US        |    100000 | PA      | $82439.62     | 0.06%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PAZ CNTY AZ INDL DEV AUTH E | La Paz County Industrial Development Authority                               | CUSIP: 50376FAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $215374.94    | 0.15%             | 2046-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IN MF HSG REVENUE    | City of Lafayette IN                                                         | CUSIP: 506309AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $127394.46    | 0.09%             | 2033-01-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                       | CUSIP: 64972KKG9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1236709.38   | 0.85%             | 2060-11-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OHIO ST PRIVATE ACTIVITY REVEN | State of Ohio                                                                | CUSIP: 67759YAN7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400667.38   | 0.96%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                          | CUSIP: 70879QV83<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500088.95    | 0.34%             | 2050-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE | Port Authority of New York & New Jersey                                      | CUSIP: 73358XHF2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501504.35   | 1.03%             | 2052-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE | Public Finance Authority                                                     | CUSIP: 74442EML1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934596.90    | 0.64%             | 2060-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE | Public Finance Authority                                                     | CUSIP: 74442EMS6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $935295.90    | 0.64%             | 2065-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY | San Francisco City & County Airport Comm-San Francisco International Airport | CUSIP: 79766DXP9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2280865.05   | 1.56%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A | California Health Facilities Financing Authority                             | CUSIP: 13033L4N4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99965.83     | 0.07%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TX SPL ASSMNT REVE | County of Denton TX                                                          | CUSIP: 24880GAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009857.30   | 0.69%             | 2055-12-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DESERT EDGE PUB INFRASTRUCTURE | Desert Edge Public Infrastructure District No 1                              | CUSIP: 250391AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $747852.10    | 0.51%             | 2055-03-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DOMINION WTR & SANTN DIST CO R | Dominion Water & Sanitation District                                         | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1407052.78   | 0.96%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EAGAN MN CHRTR SCH LEASE REVEN | City of Eagan MN                                                             | CUSIP: 26940AAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $243271.68    | 0.17%             | 2045-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EVANSVILLE IN MF HSG REVENUE   | City of Evansville IN                                                        | CUSIP: 299351AG1<br>LEI: 5493004FNKVUBIYGJO12 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $924519.10    | 0.63%             | 2038-01-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GAS WORX CDD FL SPL ASSMNT     | Gas Worx Community Development District                                      | CUSIP: 367200AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1008447.79   | 0.69%             | 2057-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GRANBURY TX SPL ASSMNT REVENUE | City of Granbury TX                                                          | CUSIP: 385065AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004159.30   | 0.69%             | 2045-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HAYMEADOW MET DIST #1 CO       | Haymeadow Metropolitan District No 1                                         | CUSIP: 42089FAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007261.30   | 0.69%             | 2054-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HGR EDU FACS FING AUTH FL HGR  | Florida Higher Educational Facilities Financing Authority                    | CUSIP: 42982GAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001830.90   | 0.69%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KENTON CNTY KY ARPT BRD        | Kenton County Airport Board                                                  | CUSIP: 491026WK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021975.00   | 1.38%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MUNI ENERGY AGY OF NEBRASKA    | Municipal Energy Agency of Nebraska                                          | CUSIP: 625914JA5<br>LEI: N31S7V1JSNSIMBEEGT03 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25037.60     | 0.02%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                     | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $222975.80    | 0.15%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV | Ohio Housing Finance Agency                                                  | CUSIP: 676900XN8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012610.50   | 0.69%             | 2043-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL HLTH FACS A | Palm Beach County Health Facilities Authority                                | CUSIP: 696507UL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100646.71    | 0.07%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RED BARN MET DIST CO           | Red Barn Metropolitan District                                               | CUSIP: 75633SAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $654507.36    | 0.45%             | 2055-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SILICON VLY CA TOBACCO SECURIT | Silicon Valley Tobacco Securitization Authority                              | CUSIP: 82706TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $886628.00    | 0.61%             | 2041-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-01

**Name of Applicant:** Rockefeller Municipal Opportunities Fund

**Signature:** /s/ Harry Dahlman

**Name of Signer:** Harry Dahlman

**Title:** PFO