# EDGAR Filing Document

**Accession Number:** 0000357204
**File Stem:** 0001752724-23-041982
**Filing Date:** 2023-2
**Character Count:** 94950
**Document Hash:** 8d64d5b61f9e509a8f5b28c854e15203
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041982.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041982

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Segall Bryant & Hamill Trust
- **CENTRAL INDEX KEY:** 0000357204
- **IRS NUMBER:** 510263765
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03373
- **FILM NUMBER:** 23672249

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCORE FUNDS INC
- **DATE OF NAME CHANGE:** 19860506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNMONT WEST FUND INC
- **DATE OF NAME CHANGE:** 19820520

## Series and Classes Contracts Data

### Segall Bryant & Hamill Colorado Tax Free Fund (Series ID: S000006745)

| Class ID   | Class Name                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000018312 | Segall Bryant & Hamill Colorado Tax Free Fund-Retail Class        | WTCOX           |
| C000169263 | Segall Bryant & Hamill Colorado Tax Free Fund-Institutional Class | WICOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Segall Bryant & Hamill Trust

- **b. Investment Company Act file number:** 811-03373

- **c. CIK number of Registrant:** 0000357204

- **d. LEI of Registrant:** 549300D12PXTPNG46V56

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** SBH COLORADO TAX FREE FUND

- **b. EDGAR series identifier (if any):** S000006745

- **c. LEI of Series:** 549300VLICAE0RNL7Z15

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $399145020.30

**Total Liabilities:** $3606568.58

**Net Assets:** $395538451.72

**Cash Not Reported:** $13651030.18

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 252.12705100 | **1-Year:** 13949.26250800 | **5-Year:** 39948.82171200 | **10-Year:** 73180.90407400 | **30-Year:** 39786.15596200

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

- **3-Month:** 0.00000000 | **1-Year:** 35.24603400 | **5-Year:** 128.41830900 | **10-Year:** 782.33132200 | **30-Year:** 224.38478800

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000169263 | -0.81%               | 3.10%                | -0.04%               |
| Class ID C000018312 | -0.83%               | 3.10%                | -0.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-11345767.49            | $6958197.85                                |
| Month 2  | $-4385542.33             | $16314289.88                               |
| Month 3  | $-191216.71              | $-963235.90                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS 4.000%, Due 05/15/2048                                        | CUSIP: 19648FTE4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $362022.80    | 0.09%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 2/1/2023                              | CUSIP: 19648AR80<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    520000 | PA      | $520393.80    | 0.13%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOFFAT CNTY COLO                                          | MOFFAT CNTY CO 2021 4.000% Due 3/1/2041                                            | CUSIP: 60787PDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2143136.58   | 0.54%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                   | Colorado State Housing and Financial Authority 2.1750%, Due 11/01/2025             | CUSIP: 196480FR3<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    500000 | PA      | $463951.45    | 0.12%             | 2025-11-01      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| FOSSIL RIDGE MET DIST NO 3 COLO                           | Fossil Ridge Metro District No 3 Colo LTD Tax 4.000%, Due 12/01/2032               | CUSIP: 34988CBJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $1035851.22   | 0.26%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RJ77<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022167.20   | 0.26%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 12/1/2029                             | CUSIP: 19648A7X7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1066454.66   | 0.27%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SORREL RANCH MET DIST COLO                                | Sorrel Ranch Metro District Colorado 4.0%, Due 12/01/2033                          | CUSIP: 83586UAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $333064.45    | 0.08%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RP70<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2014437.59   | 0.51%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST                                               | State of Colorado 6%, Due 12/15/2035                                               | CUSIP: 196711UT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3860000 | PA      | $4725226.72   | 1.19%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 3.15%, due 12/1/2023                              | CUSIP: 700387FA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $399477.58    | 0.10%             | 2023-12-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BRECKENRIDGE COLO                                         | RECKENRIDGE COLO CTFS PARTN COPS 5%, Due 12/01/2042                                | CUSIP: 106443DA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2489816.46   | 0.63%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH PINE VISTAS MET DIST NO 3 COLO                      | NORTH PINE VISTAS MET DIST NO 3 COLO 4.000%, Due 12/01/2036                        | CUSIP: 661558AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $180114.95    | 0.05%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIRESTONE COLO                                            | Town of Firestone Colorado 5%, due 12/1/2042                                       | CUSIP: 318281AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3166821.30   | 0.80%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERIE FARM MET DIST COLO                                   | ERIE FARM MET DIST COLO GO LTD TAX 5.000%, Due 12/01/2035                          | CUSIP: 295244AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $194523.74    | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TODD CREEK VLG MET DIST COLO                              | Todd Creek Village CO Metro. Dist. Water Activity 5.250%, Due 12/01/2038           | CUSIP: 88901MAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033302.00   | 0.26%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BERTHOUD COLO                                             | Berthoud Colorado Cops 4.0%, Due 12/01/2049                                        | CUSIP: 085861AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9255000 | PA      | $8368337.68   | 2.12%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BNC MET DIST NO 1 COLO                                    | BNC Metropolitan District No. 1, BAM 5%, due 12/1/2037                             | CUSIP: 05567BAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $586343.10    | 0.15%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2025                             | CUSIP: 19648FFF6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    790000 | PA      | $821626.23    | 0.21%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SORREL RANCH MET DIST COLO                                | Sorrel Ranch Metro District Colorado 4.0%, Due 12/01/2034                          | CUSIP: 83586UAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $684520.01    | 0.17%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHSHORE MET DIST NO 2 COLO                             | Southshore Met Dist #2 Colorado 4.0%, Due 12/01/2046                               | CUSIP: 84467PAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $5868092.79   | 1.48%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | PARK CREEK MET DIST COLO LTD PPTY 5%, Due 12/01/2041                               | CUSIP: 700385AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533733.00    | 0.13%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RY47<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     60000 | PA      | $56887.35     | 0.01%             | 2026-07-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RXM8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025270.40   | 0.26%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 5.0%, Due 12/01/2024                                       | CUSIP: 402882CP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57089.75     | 0.01%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                            | Denver Health & Hospital Authority 5%, due 12/1/2030                               | CUSIP: 24918TAL1<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    350000 | PA      | $371478.80    | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOSSIL RIDGE MET DIST NO 3 COLO                           | Fossil Ridge Metro District No 3 Colo LTD Tax 4.000%, Due 12/01/2034               | CUSIP: 34988CBL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1102824.44   | 0.28%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND JCT COLO ARPT AUTH                                  | Grand Junction Regional Airport Authority 5%, due 12/1/2031                        | CUSIP: 385785AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1217498.90   | 0.31%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TALLYNS REACH MET DIST NO 3 COLO                          | Tallyns Reach Metropolitan District No. 3 5.1250%, Due 11/01/2038                  | CUSIP: 87482MBB0<br>LEI: 5493001U1VNJPWBNSN91 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1052746.32   | 0.27%             | 2038-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                            | Denver Health & Hospital Authority 5%, due 12/1/2032                               | CUSIP: 24918TAN7<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    225000 | PA      | $236921.56    | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE CNTY COLO SCH DIST                                  | EAGLE CNTY COLO SCH DIST 0.903%, DUE 12/01/2026                                    | CUSIP: 269479JV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4324592.50   | 1.09%             | 2026-12-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| COLORADO ST                                               | State of Colorado 6%, Due 12/15/2034                                               | CUSIP: 196711US2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1549423.25   | 0.39%             | 2034-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VISTA RIDGE MET DIST COLO                                 | Vista Ridge Metropolitan District, BAM 5%, due 12/1/2031                           | CUSIP: 92838EBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1336015.13   | 0.34%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHEAT RIDGE COLO URBAN RENEWAL AUTH                       | WHEAT RIDGE COLO URBAN 4.000%, Due 12/01/2037                                      | CUSIP: 96254WAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3372419.57   | 0.85%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE MET DIST NO 1 COLO                          | Rampart Range Colorado Met District 5.0%, Due 12/01/2047                           | CUSIP: 75157TAB5<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |   8150000 | PA      | $8628041.51   | 2.18%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                 | Puerto Rico Electric Power Authority 2.394%, due 7/1/2029                          | CUSIP: 74526QLY6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    400000 | PA      | $359885.52    | 0.09%             | 2029-07-01      | Floating      | 2.05%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2032                             | CUSIP: 19648FFN9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1736783.57   | 0.44%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STONEGATE VLG MET DIST COLO                               | Stonegate VLG Metro District Colorado Water 4.0, Due 12/01/2045                    | CUSIP: 86181SBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1378904.85   | 0.35%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2035                                       | CUSIP: 402882CZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $321766.86    | 0.08%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EAGLE RIV COLO WTR & SANTN DIST                           | Eagle River Colorado Water & Sanitation 4.0%, Due 12/01/2027                       | CUSIP: 26982VCK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36993.45     | 0.01%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRADBURN MET DIST NO 2 COLO                               | Bradburn Metropolitan District No. 2 4%, due 12/1/2028                             | CUSIP: 103844AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $287909.26    | 0.07%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RY54<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932934.60    | 0.24%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2041                                 | CUSIP: 700387EV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540493.10   | 0.39%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANGE VIEW LIBR DIST COLO                                 | RANGE VIEW LIBR DIST COLO CTFSPARTN 5.0%, Due 12/15/2035                           | CUSIP: 75289FBM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $849165.72    | 0.21%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS COLO                                     | Colorado Springs Colorado Utilities Floating Rate, Due 11/01/2041                  | CUSIP: 196632NP4<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1840000.00   | 0.47%             | 2041-11-01      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                   | DENVER COLO CITY & CNTY ARPT VAR Due 11/15/2031                                    | CUSIP: 249182PH3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4015874.69   | 1.02%             | 2031-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE CNTY COLO SCH DIST                                  | EAGLE CNTY COLO SCH DIST 0.793% Due 12/01/2025                                     | CUSIP: 269479JU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2686749.00   | 0.68%             | 2025-12-01      | Fixed         | 0.79%                 | No            |                  2 | On Loan: No      |
| GRAND JUNCTION COLO                                       | Grand Junction Colorado Cops 4.00%, DUE 12/01/2035                                 | CUSIP: 385786CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $569906.54    | 0.14%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RWE7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    440000 | PA      | $442512.53    | 0.11%             | 2044-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | PARK CREEK MET DIST COLO LTD PPTY 5%, Due 12/01/2038                               | CUSIP: 700385AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $706511.36    | 0.18%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAND CREEK MET DIST COLO                                  | Sand Creek County Metropolitan District 4.0%, Due 12/01/2040                       | CUSIP: 799712JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2324474.55   | 0.59%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRD CMNTY COLLEGES & OCCUPATIONAL ED          | COLORADO ST BRD COLLEGES REF AND IMPT BDS 2017A 5.000%, Due 11/01/2026             | CUSIP: 196696PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $113418.69    | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUPERIOR OPEN SPACE SALES & USE TAX COLO                  | Superior Open Space Sales & US 5.0%, Due 06/01/2035                                | CUSIP: 868280BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112707.80   | 0.28%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                   | Colorado State Housing and Financial Authority 2.0750%, Due 11/01/2024             | CUSIP: 196480FP7<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    250000 | PA      | $236765.13    | 0.06%             | 2024-11-01      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| WHEAT RIDGE COLO URBAN RENEWAL AUTH                       | WHEAT RIDGE COLO URBAN 4.000%, Due 12/01/2039                                      | CUSIP: 96254WAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2925726.60   | 0.74%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AURORA COLO                                               | City of Aurora Colorado 5%, due 12/1/2034                                          | CUSIP: 051556HX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $482164.47    | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | PARK CREEK MET DIST COLO LTD PPTY 5%, Due 12/01/2039                               | CUSIP: 700385AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $784503.92    | 0.20%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS 4.000%, Due 05/15/2041                                        | CUSIP: 19648FTD6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $392774.25    | 0.10%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SORREL RANCH MET DIST COLO                                | Sorrel Ranch Metro District Colorado 4.0%, Due 12/01/2037                          | CUSIP: 83586UAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501086.80    | 0.13%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO SPRINGS COLO                                        | City of Idaho Springs CO Sales Tax Revenue, AGM 5%, due 12/1/2033                  | CUSIP: 451427AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $523717.93    | 0.13%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STERLING HILLS WEST MET DIST COLO                         | Sterling Hills West Metropolitan District 5%, due 12/1/2039                        | CUSIP: 85933MBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $785956.13    | 0.20%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERIE FARM MET DIST COLO                                   | ERIE FARM MET DIST COLO GO LTD TAX REF 4.000%, Due 06/01/2051                      | CUSIP: 295244AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1002540.66   | 0.25%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CRESTED BUTTE COLO FIRE PROTN DIST                        | CRESTED BUTTE COLO 5.000% Due 12/01/2046                                           | CUSIP: 22611JBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5770000 | PA      | $6337173.69   | 1.60%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CRYSTAL VY COLO MET DIST NO 2                             | CRYSTAL VY COLO MET DIST NO 2 GO LTD 2020 4.000%, Due 12/01/2044                   | CUSIP: 22941LAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3296226.15   | 0.83%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH PINE VISTAS MET DIST NO 2 COLO                      | NORTH PINE VISTAS MET DIST NO 2 COLO 5.25%, Due 12/1/2042                          | CUSIP: 661557AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $656458.38    | 0.17%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PRAIRIE CTR MET DIST NO 7 COLO                            | PRAIRIE CTR MET DIST NO 7 COLO GO LTD TAX 4.1250%, Due 12/15/2036                  | CUSIP: 739491AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $431522.65    | 0.11%             | 2036-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AURORA COLO                                               | City of Aurora Colorado 5%, due 12/1/2035                                          | CUSIP: 051556HY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $657085.74    | 0.17%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROMLEY PK MET DIST NO 2 COLO                             | Bromley Park Metropolitan District No. 2 6.375%, due 12/15/2047                    | CUSIP: 112206BH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949786.80    | 0.24%             | 2047-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                            | Denver Health & Hospital Authority 5%, due 12/1/2033                               | CUSIP: 24918TAP2<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    240000 | PA      | $251402.02    | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RYD7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538193.30   | 0.39%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RWU1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    750000 | PA      | $771912.90    | 0.20%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RXL0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    435000 | PA      | $446945.49    | 0.11%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOULDER COLO                                              | Boulder Colorado Cops 2.250%, Due 11/01/2024                                       | CUSIP: 101427CA8<br>LEI: 549300XPX2TFRF3HOE79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $479519.55    | 0.12%             | 2024-11-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA MET DIST NO 2 COLO                         | Gold Hill Mesa Metropolitan District No 2 5%, Due 12/01/2026                       | CUSIP: 38060PAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $156999.63    | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AURARIA HIGHER ED CTR COLO                                | Auraria Higher Education Center, AGM 4%, due 4/1/2029                              | CUSIP: 051531CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3589395.60   | 0.91%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAND CREEK MET DIST COLO                                  | Sand Creek County Metropolitan District 4.00%, DUE 12/01/2035                      | CUSIP: 799712HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $397584.58    | 0.10%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANGE VIEW LIBR DIST COLO                                 | RANGE VIEW LIBR DIST COLO CTFSPARTN 5.0%, Due 12/15/2034                           | CUSIP: 75289FBL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $475299.38    | 0.12%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREAT WESTN MET DIST COLO NO                              | Great Western Park Metro Dist 2 4.00% Due 12/01/2036                               | CUSIP: 39142SAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $572931.55    | 0.14%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS AUTH REV VAR Due 5/15/2062                                    | CUSIP: 19648FVN1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  31300000 | PA      | $31300000.00  | 7.91%             | 2062-05-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| CASTLE OAKS MET DIST NO 3 COLO                            | Castle Oaks Met District #3 Colorado 4.0%, Due 12/01/2050                          | CUSIP: 14846XAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4690000 | PA      | $4300029.78   | 1.09%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2037                                       | CUSIP: 402882CJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $855771.42    | 0.22%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK COLO SCH DIST NO 005                         | CHERRY CREEK COLO 5.000%. Due 12/15/2028                                           | CUSIP: 164555DA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $90019.04     | 0.02%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOVE VALLEY MET DIST COLO ARAPAHOE CNTY                   | Dove Valley Met District Arapahoe County 4.0%, Due 12/01/2037                      | CUSIP: 259864CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $769609.05    | 0.19%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS AUTH REV BDS 2019 A 4.000%, Due 08/01/2037                    | CUSIP: 19648FJX3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    875000 | PA      | $815131.63    | 0.21%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2030                             | CUSIP: 19648FFL3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    710000 | PA      | $749606.78    | 0.19%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                   | Colorado State Housing and Financial Authority 1.8780%, Due 05/01/2023             | CUSIP: 196480FL6<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    295000 | PA      | $291962.33    | 0.07%             | 2023-05-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | PARK CREEK MET DIST COLO LTD PPTY 5%, Due 12/01/2042                               | CUSIP: 700385AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532511.55    | 0.13%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado State Health Facilities Auth Revenue Boulder Community Hospital           | CUSIP: 196474SY7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1950000.00   | 0.49%             | 2030-10-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| WHEAT RIDGE COLO URBAN RENEWAL AUTH                       | WHEAT RIDGE COLO URBAN 4.000%, Due 12/01/2034                                      | CUSIP: 96254WAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2084627.40   | 0.53%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND FIRE PROTN DIST NO 1 COLO                           | GRAND FIRE PROTN DIST NO 1 COLO CTFS PARTN 5.0%, Due 12/15/2024                    | CUSIP: 38547AAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10385.00     | 0.00%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK CORPORATE CTR MET DIST COLO                  | Cherry Creek Corporate Center Metropolitan Distric t                               | CUSIP: 164562AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $472940.45    | 0.12%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONUMENT COLO                                             | Monument Colorado CTFS 4.0, Due 12/01/2033                                         | CUSIP: 61531AAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208820.56    | 0.05%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY SCH DIST NO 1                     | Denver City and County Colorado School District #1 Cops                            | CUSIP: 24919PNB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2047065.41   | 0.52%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SCH MINES                                        | COLORADO SCH MINES INSTL ENTERPRISE REV 4.8%, Due 12/1/2027                        | CUSIP: 19658QGF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1988558.00   | 0.50%             | 2027-12-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2024                             | CUSIP: 19648FFE9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    575000 | PA      | $589249.59    | 0.15%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TODD CREEK VLG MET DIST COLO                              | Todd Creek Village CO Metro. Dist. Water Activity 5.875%, Due 12/01/2038           | CUSIP: 88901MAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $845209.73    | 0.21%             | 2038-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DOVE VALLEY MET DIST COLO ARAPAHOE CNTY                   | Dove Valley Met District Arapahoe County 4.0%, Due 12/01/2036                      | CUSIP: 259864CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $724060.40    | 0.18%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SCH MINES                                        | COLORADO SCH MINES INSTL ENTERPRISE REV 5.25%, Due 12/1/2052                       | CUSIP: 19658QGE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4442970.08   | 1.12%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2030                             | CUSIP: 19648A5D3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515637.80    | 0.13%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLATTEVILLE-GILCREST FIRE PROTN DIST                      | Platteville-Gilcrest Fire Prot Cops 2018 5.0%, due 12/01/2033                      | CUSIP: 727866AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $190786.82    | 0.05%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HIGHER ED CAP CONSTR LEASE PUR FING PROG      | CO ST HIGHER ED CAP CONSTR LEASE PUR FING 5.0%, Due 11/1/2024                      | CUSIP: 196734CB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57135.59     | 0.01%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARFIELD CNTY COLO SCH DIST NO RE-2 GARFIELD              | Garfield County School District No. RE2 3.050%, DUE 12/01/2026                     | CUSIP: 365653ND2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $469329.80    | 0.12%             | 2026-12-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| SIERRA RIDGE MET DIST NO 2 COLO                           | SIERRA RIDGE MET 4.000% Due 12/01/2042                                             | CUSIP: 82648CAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1701351.58   | 0.43%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRAIRIE CTR MET DIST NO 7 COLO                            | PRAIRIE CTR MET DIST NO 7 COLO GO LTD TAX 4.8750%, Due 12/15/2044                  | CUSIP: 739491AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $587557.74    | 0.15%             | 2044-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE MET DIST NO 1 COLO                          | Rampart Range Metropolitan District 1 5.0% Due 12/01/2042                          | CUSIP: 75157TAA7<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2026416.89   | 0.51%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CASTLE ROCK COLO                                          | Castle Rock Colorado 4.0%, Due 12/012040                                           | CUSIP: 14848PBG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1018343.14   | 0.26%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2031                             | CUSIP: 19648FFM1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1218560.46   | 0.31%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA MET DIST NO 2 COLO                         | Gold Hill Mesa Metropolitan District No 2 5%, Due 12/01/2024                       | CUSIP: 38060PAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $220150.48    | 0.06%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHEAT RIDGE COLO URBAN RENEWAL AUTH                       | WHEAT RIDGE COLO URBAN 4.000%, Due 12/01/2035                                      | CUSIP: 96254WAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2050145.20   | 0.52%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2046                                 | CUSIP: 700387EW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4930000 | PA      | $5041333.70   | 1.27%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COL HEALTH FACS AUTH HOS 2020 Variable Due 12/1/2052                               | CUSIP: 19648FPT5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9000000.00   | 2.28%             | 2052-12-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2027                                 | CUSIP: 700387DB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $652572.82    | 0.16%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROMLEY PK MET DIST NO 2 COLO                             | Bromley Park Metropolitan District No. 2 4.0%, due 12/01/2047                      | CUSIP: 112206BF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2267867.25   | 0.57%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRADBURN MET DIST NO 2 COLO                               | Bradburn Metropolitan District No. 2 5%, due 12/1/2038                             | CUSIP: 103844AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $570343.80    | 0.14%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO URBAN RENEWAL AUTH                            | Denver Colorado Urban Renewal Authority Tax Incr 5.0%, Due 12/01/2023              | CUSIP: 249301FJ6<br>LEI: 54930040L61W75KRAG79 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190249.47    | 0.05%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 3.6%, due 12/1/2026                               | CUSIP: 700387FD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $285502.26    | 0.07%             | 2026-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WHEATLANDS MET DIST NO 2 COLO                             | Wheatlands Metropolitan District, BAM 5%, due 12/1/2030                            | CUSIP: 962714AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058540.20   | 0.27%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS COLO                                     | Colorado Springs Colorado Utilities 5.0%, Due 11/15/2023                           | CUSIP: 196632R88<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |    155000 | PA      | $157912.67    | 0.04%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO SPRINGS COLO                                        | City of Idaho Springs CO Sales Tax Revenue, AGM 5%, due 12/1/2034                  | CUSIP: 451427AS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $561525.62    | 0.14%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOGBACK MET DIST COLO                                     | HOGBACK MET DIST COLO 5.000%. Due 12/01/2041                                       | CUSIP: 434610AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $621776.61    | 0.16%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOFFAT CNTY COLO                                          | MOFFAT CNTY COL 2021 4.000% Due 3/1/2046                                           | CUSIP: 60787PDC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4060000 | PA      | $3751213.45   | 0.95%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2036                                 | CUSIP: 700387ET6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $310683.24    | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS 3.000%, Due 05/15/2030                                        | CUSIP: 19648FSW5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    410000 | PA      | $345854.68    | 0.09%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 3.45%, due 12/1/2025                              | CUSIP: 700387FC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $480538.95    | 0.12%             | 2025-12-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DENVER COLO URBAN RENEWAL AUTH                            | Denver Colorado Urban Renewal Authority Tax Incr 9th & Co Urban Redevelopment Area | CUSIP: 249301FY3<br>LEI: 54930040L61W75KRAG79 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1303208.66   | 0.33%             | 2039-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2034                                       | CUSIP: 402882CY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57526.50     | 0.01%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STERLING RANCH CMNTY AUTH BRD COLO                        | Sterling Ranch Community Colorado 3.750%, Due 12/01/2040                           | CUSIP: 85950NAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $392732.20    | 0.10%             | 2040-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645DBY7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   3145000 | PA      | $3205056.29   | 0.81%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2029                             | CUSIP: 19648FFK5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    425000 | PA      | $450594.56    | 0.11%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 9/1/2029                              | CUSIP: 19648AZ73<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032802.50   | 0.26%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                 | REGIONAL TRANSN DIST COLO CTFSPARTN 5%, Due 06/01/2039                             | CUSIP: 75913THV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3859639.60   | 0.98%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND FIRE PROTN DIST NO 1 COLO                           | GRAND FIRE PROTN DIST NO 1 COLO CTFS PARTN 5.0%, Due 12/15/2029                    | CUSIP: 38547AAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $72778.71     | 0.02%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RU33<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1174460.60   | 0.30%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2035                                       | CUSIP: 402882CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $403143.90    | 0.10%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ESTES PARK COLO                                           | Town of Estes Park CO Power & Communications 2.6460%, Due 11/01/2025               | CUSIP: 29747TAY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $405212.69    | 0.10%             | 2025-11-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 3.800%, Due 12/01/2024                            | CUSIP: 700387GE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $431604.18    | 0.11%             | 2024-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                   | Colorado State Housing and Financial Authority 2.0250%, Due 05/01/2024             | CUSIP: 196480FN2<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    150000 | PA      | $143819.99    | 0.04%             | 2024-05-01      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| FIRESTONE COLO                                            | FIRESTONE COLO WTR ENERPRISE 2.0%, Due 12/01/2023                                  | CUSIP: 318283AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14777.90     | 0.00%             | 2023-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COLLIERS HILL MET DIST NO 2 COLO                          | COLLIERS HILL MET 6.000% Due 12/15/2047                                            | CUSIP: 194689AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1646125.20   | 0.42%             | 2047-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LONGS PEAK MET DIST COLO                                  | LONGS PEAK MET DIST 5.25%, Due 12/01/2051                                          | CUSIP: 54316AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5334235.40   | 1.35%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SORREL RANCH MET DIST COLO                                | Sorrel Ranch Metro District Colorado 4.0%, Due 12/01/2035                          | CUSIP: 83586UAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $580597.78    | 0.15%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST                                               | Colorado State Cops Rural Colorado 5.0%, Due 12/15/2037                            | CUSIP: 196711RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089897.70   | 0.28%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERIE FARM MET DIST COLO                                   | ERIE FARM MET DIST COLO GO LTD TAX REF 5.000%, Due 12/01/2041                      | CUSIP: 295244AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $617602.81    | 0.16%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RE56<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $522747.10    | 0.13%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS 5.000% Due 12/1/2025                                          | CUSIP: 19648FTT1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1003625.95   | 0.25%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 3.3%, due 12/1/2024                               | CUSIP: 700387FB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $413063.54    | 0.10%             | 2024-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS AUTH REV HOSP 4%, Due 10/1/35                                 | CUSIP: 19648FRP1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    335000 | PA      | $335189.14    | 0.08%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ESTES PARK COLO                                           | Town of Estes Park CO Power & Communications 2.3620%, Due 11/01/2023               | CUSIP: 29747TAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $755789.03    | 0.19%             | 2023-11-01      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                   | DENVER COLO CITY & CNTY ARPT 5%, Due 11/15/2024                                    | CUSIP: 249182SS6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15458488.50  | 3.91%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 4.0%, Due 01/01/2039                          | CUSIP: 19648FMU5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1189347.96   | 0.30%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RC66<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    480000 | PA      | $468942.77    | 0.12%             | 2026-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| WHEAT RIDGE COLO URBAN RENEWAL AUTH                       | WHEAT RIDGE COLO URBAN 4.000%, Due 12/01/2032                                      | CUSIP: 96254WAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $809403.34    | 0.20%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANTHEM WEST MET DIST COLO                                 | Anthem West Metropolitan District, BAM 5%, due 12/1/2035                           | CUSIP: 03675EAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1225210.11   | 0.31%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA MET DIST NO 2 COLO                         | Gold Hill Mesa Metropolitan District No 2 5%, Due 12/01/2023                       | CUSIP: 38060PAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $308195.82    | 0.08%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH PINE VISTAS MET DIST NO 2 COLO                      | NORTH PINE VISTAS MET DIST NO 2 COLO 5%, Due 12/1/2052                             | CUSIP: 661557AP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011313.00   | 0.26%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIERRA RIDGE MET DIST NO 2 COLO                           | SIERRA RIDGE MET 4.000% Due 12/01/2046                                             | CUSIP: 82648CAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1567190.24   | 0.40%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS AUTH VAR Due 5/15/2062                                        | CUSIP: 19648FVP6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  22700000 | PA      | $22700000.00  | 5.74%             | 2062-05-15      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY COLO HOSP AUTH                                 | UNIVERSITY COLO HOSP VAR Due 11/15/2049                                            | CUSIP: 914183BQ0<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 2.53%             | 2049-11-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2034                                       | CUSIP: 402882CF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130023.76    | 0.03%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND JUNCTION COLO                                       | Grand Junction Colorado Revenue 1.826%, Due 03/01/2025                             | CUSIP: 385789BQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $584914.32    | 0.15%             | 2025-03-01      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA MET DIST NO 2 COLO                         | Gold Hill Mesa Metropolitan District No 2 5%, Due 12/01/2025                       | CUSIP: 38060PAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $139958.39    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado State Health Facilities Auth Revenue 4.0%, Due 01/15/2045                 | CUSIP: 19648A4N2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $1947508.20   | 0.49%             | 2045-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FOOTHILLS PK & REC DIST COLO                              | Foothills Park & Rec District Colorado 4.0%, Due 12/01/2041                        | CUSIP: 34511PCK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2674300.48   | 0.68%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2045                                 | CUSIP: 700387DM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $561362.78    | 0.14%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAND CREEK MET DIST COLO                                  | Sand Creek County Metropolitan District 4.0%, Due 12/01/2035                       | CUSIP: 799712JD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3558533.15   | 0.90%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLATTE VY MET DIST COLO                           | Central Platte Valley Metropolitan District 5.5%, due 12/1/2029                    | CUSIP: 154876AV8<br>LEI: 5493008TIE8XL32HT863 | Long             | DBT              | MUN               | US        |    750000 | PA      | $766373.93    | 0.19%             | 2029-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                            | Denver Health & Hospital Authority 5%, due 12/1/2031                               | CUSIP: 24918TAM9<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    350000 | PA      | $370215.09    | 0.09%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREAT WESTN MET DIST COLO NO                              | Great Western Park Metro Dist 2 4.00% Due 12/01/2035                               | CUSIP: 39142SAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $542330.05    | 0.14%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facs Auth Floating Rate, Due 12/01/2045                            | CUSIP: 19648A6L4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  26490000 | PA      | $26490000.00  | 6.70%             | 2045-12-01      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | COLORADO HEALTH FACS 5.000% Due 12/1/2023                                          | CUSIP: 19648FTR5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    875000 | PA      | $886516.49    | 0.22%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY SCH DIST NO 1                     | DENVER COLO CITY & CNTY SCH DIST NO 1 5%, Due12/01/2023                            | CUSIP: 249174YQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3466187.46   | 0.88%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RZP9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1372974.72   | 0.35%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2028                             | CUSIP: 19648FFJ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    535000 | PA      | $569560.95    | 0.14%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RR86<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    715000 | PA      | $759979.15    | 0.19%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOSSIL RIDGE MET DIST NO 3 COLO                           | Fossil Ridge Metro District No 3 Colo LTD Tax 4.000%, Due 12/01/2033               | CUSIP: 34988CBK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1066264.86   | 0.27%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SCH MINES                                        | COLORADO SCH MINES INSTL ENTERPRISE REV 5.25%, Due 12/1/2047                       | CUSIP: 19658QGD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080633.50   | 0.27%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHGLENN MET DIST COLO                                  | Southglenn Met Dist Colorado Special Rev 5.0%, Due 12/01/2030                      | CUSIP: 84437RAE7<br>LEI: 549300ETN4YRI5O2PU39 | Long             | DBT              | MUN               | US        |   3505000 | PA      | $3466127.10   | 0.88%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHEAT RIDGE COLO URBAN RENEWAL AUTH                       | WHEAT RIDGE COLO URBAN 4.000%, Due 12/01/2036                                      | CUSIP: 96254WAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3240000 | PA      | $3284278.49   | 0.83%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO URBAN RENEWAL AUTH                            | Denver Colorado Urban Renewal Authority Tax Incr 9th & Co Urban Redevelopment Area | CUSIP: 249301FX5<br>LEI: 54930040L61W75KRAG79 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3714062.22   | 0.94%             | 2039-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2026                                 | CUSIP: 700387DA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $769392.55    | 0.19%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645RW56<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1629856.58   | 0.41%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                         | Colorado Educational & Cultural Facilities Auth. Authorized Revenue                | CUSIP: 19645R2S9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2739633.26   | 0.69%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | PARK CREEK MET DIST COLO LTD PPTY 5%, Due 12/01/2037                               | CUSIP: 700385AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $401543.80    | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BNC MET DIST NO 1 COLO                                    | BNC Metropolitan District No. 1, BAM 5%, due 12/1/2032                             | CUSIP: 05567BAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $390024.00    | 0.10%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HIGH PLAINS MET DIST COLO                                 | High Plains Metropolitan District 5%, due 12/1/2035                                | CUSIP: 42970NAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538869.20    | 0.14%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BLDG EXCELLENT SCHS TODAY                     | Colorado State Building Excellent Schools Today Cops                               | CUSIP: 19668QLX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1904817.08   | 0.48%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTAR MET DIST COLO                                  | Cornerstar Metropolitan District 5.125%, due 12/1/2037                             | CUSIP: 21923JAC2<br>LEI: 549300E33QX68QTOF873 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957369.00    | 0.24%             | 2037-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5.0%, DUE 11/15/2037                          | CUSIP: 19648FJB1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    200000 | PA      | $216363.12    | 0.05%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                   | Colorado State Housing and Financial Authority 1.9280%, Due 11/01/2023             | CUSIP: 196480FM4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    340000 | PA      | $330614.98    | 0.08%             | 2023-11-01      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| TODD CREEK VLG MET DIST COLO                              | TODD CREEK VLG MET DIST COLO W REF BDS 2018A 5.000%, Due 12/01/2028                | CUSIP: 88901MAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1254026.64   | 0.32%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY COLO SCH DIST NO RE-1 DOUGLAS & ELBERT CNTYS | DOUGLAS CNTY COLO SCH DIST NO RE-1 5%, Due 12/15/2026                              | CUSIP: 258885Q54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $81693.14     | 0.02%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOFFAT CNTY COLO                                          | MOFFAT CNTY CO 2021 4.000% Due 3/1/2051                                            | CUSIP: 60787PDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3592140.80   | 0.91%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 5%, due 12/1/2037                                 | CUSIP: 700387EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413574.60    | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH SUBN PK & REC DIST COLO                             | SOUTH SUBN PK & REC 4.000%. Due 12/15/2041                                         | CUSIP: 84049EBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2432701.12   | 0.62%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HYLAND HILLS PK & REC DIST COLO                           | Hyland Hills Park & Recreation District 5%, Due 12/15/2041                         | CUSIP: 44909GAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2658731.77   | 0.67%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SBC MET DIST COLO                                         | SBC Metropolitan District 5%, due 12/1/2034                                        | CUSIP: 805845BP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $219184.40    | 0.06%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2036                                       | CUSIP: 402882DA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $333932.30    | 0.08%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HYLAND HILLS PK & REC DIST COLO                           | Hyland Hills Park & Recreation District 5%, Due 12/15/2035                         | CUSIP: 44909GAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1284261.98   | 0.32%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUPERIOR OPEN SPACE SALES & USE TAX COLO                  | Superior Open Space Sales & US 5.0%, Due 06/01/2040                                | CUSIP: 868280BC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $816928.20    | 0.21%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND FIRE PROTN DIST NO 1 COLO                           | GRAND FIRE PROTN DIST NO 1 COLO CTFS PARTN 5.0%, Due 12/15/2030                    | CUSIP: 38547AAH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56535.96     | 0.01%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS COLO                                     | City of Colorado Springs CO Utilities 1.25% due 11/01/2037                         | CUSIP: 196632BK8<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |  11930000 | PA      | $11930000.00  | 3.02%             | 2037-11-01      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS COLO                                     | Colorado Springs Colorado Utilities 5.0%, Due 11/15/2029                           | CUSIP: 196632S61<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28625.55     | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY COLO HOSP AUTH                                 | UNIVERSITY COLO HOSP AUTH REV VAR Due 11/15/2039                                   | CUSIP: 914183BL1<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |   6255000 | PA      | $6255000.00   | 1.58%             | 2039-11-15      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| GUNNISON CNTY COLO                                        | Gunnison County Co Cops 4.0%, Due 12/01/2036                                       | CUSIP: 402882CH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $829320.61    | 0.21%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                 | Colorado Health Facilities Authority 5%, due 5/15/2026                             | CUSIP: 19648FFG4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    540000 | PA      | $569820.31    | 0.14%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO                                  | Park Creek Metropolitan District 3.650%, Due 12/01/2023                            | CUSIP: 700387GD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $797558.50    | 0.20%             | 2023-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-23

**Name of Applicant:** SBH Colorado Tax Free Fund

**Signature:** Jennifer L. Leamer

**Name of Signer:** Jennifer L. Leamer

**Title:** Assistant Treasurer