# EDGAR Filing Document

**Accession Number:** 0000857769
**File Stem:** 0001193125-25-255322
**Filing Date:** 2025-10
**Character Count:** 567491
**Document Hash:** 17baec593a4aa65926aaa41bb77a703a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-255322.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001193125-25-255322

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK MUNICIPAL SECURITIES TRUST
- **CENTRAL INDEX KEY:** 0000857769

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05968
- **FILM NUMBER:** 251427551

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-3000

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN MUNICIPAL SECURITIES TRUST
- **DATE OF NAME CHANGE:** 20050323

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN TAX FREE BOND TRUST
- **DATE OF NAME CHANGE:** 19970501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN TAX FREE BOND FUND
- **DATE OF NAME CHANGE:** 19941227

## Series and Classes Contracts Data

### John Hancock Municipal Opportunities Fund (Series ID: S000000652)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000001877 | Class A      | TAMBX           |
| C000001879 | Class C      | TBMBX           |
| C000178766 | Class I      | JTBDX           |
| C000193019 | Class R6     | JTMRX           |

## Nport-Ex

![](imgc61907301.gif)

#### Quarterly portfolio holdings

## John Hancock

## Municipal Opportunities Fund

## Fixed income
August 31, 2025

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

------

Fund's investments

------

#### As of 8-31-25 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Municipal bonds 98.0%** |  |  |  | **$1298585732** |
| (Cost $1,301,181,910) |  |  |  |  |
| **Alabama 3.1%** |  |  |  | **40849292** |
| Baldwin County Industrial Development Authority<br> Novelis Corp. Project, Series A, AMT (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-55 | 5500000 | 5507838 |
| Black Belt Energy Gas District<br> Gas Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-01-56 | 4250000 | 4347458 |
| Black Belt Energy Gas District<br> Gas Project, Series D-1 | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-01-49 | 1000000 | 1061297 |
| Black Belt Energy Gas District<br> Series D1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-52 | 500000 | 505639 |
| City of Birmingham<br> Birmingham Water Works Board (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;09-01-26 | 2215000 | 2215073 |
| Energy Southeast, a Cooperative District<br> Series B | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-54 | 4125000 | 4428508 |
| Phenix City Industrial Development Board<br> MeadWestvaco Coated Board Project, Series A, AMT | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;05-15-35 | 4550000 | 4349338 |
| Southeast Energy Authority, a Cooperative District<br> Project No. 4, Series B-2 (Overnight SOFR + 1.790%) (B) | &nbsp;&nbsp;4.718 | &nbsp;&nbsp;05-01-53 | 2000000 | 2036524 |
| Southeast Energy Authority, a Cooperative District<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-56 | 1500000 | 1540672 |
| Southeast Energy Authority, a Cooperative District<br> Series B | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;03-01-55 | 2180000 | 2283773 |
| Southeast Energy Authority, a Cooperative District<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-55 | 3000000 | 3195178 |
| Southeast Energy Authority, a Cooperative District<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-55 | 4935000 | 5261680 |
| Southeast Energy Authority, a Cooperative District<br> Series F | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-55 | 3800000 | 4116314 |
| **Alaska 0.3%** |  |  |  | **4275098** |
| Alaska Municipal Bond Bank Authority<br> Series 2 | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-01-42 | 2120000 | 2000724 |
| Alaska Municipal Bond Bank Authority<br> Series 2, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-47 | 1350000 | 1354900 |
| State of Alaska<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-35 | 810000 | 919474 |
| **Arizona 2.1%** |  |  |  | **27695332** |
| Arizona Industrial Development Authority<br> Benjamin Franklin Charter School Projects, Series A (A) | &nbsp;&nbsp;4.430 | &nbsp;&nbsp;07-01-33 | 850000 | 842773 |
| Arizona Industrial Development Authority<br> Benjamin Franklin Charter School Projects, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-43 | 750000 | 695401 |
| Arizona Industrial Development Authority<br> Equitable School Revolving Fund, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-44 | 1000000 | 971546 |
| Arizona Industrial Development Authority<br> Macombs Facility Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-61 | 500000 | 384128 |
| Chandler Industrial Development Authority<br> Intel Corp. Project, Series 2, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-49 | 3500000 | 3534796 |
| Chandler Industrial Development Authority<br> Intel Corp. Project, Series 2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-52 | 2200000 | 2242455 |
| City of Phoenix Civic Improvement Corp.<br> Civic Plaza, Series B (C) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-28 | 1000000 | 1085065 |
| Glendale Industrial Development Authority<br> Royal Oaks Life Care Community | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-39 | 3025000 | 2837443 |
| Maricopa County Industrial Development Authority<br> Arizona Autism Charter Schools Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-31 | 250000 | 247571 |
| Maricopa County Industrial Development Authority<br> Choice Academies, Inc. Project (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;09-01-32 | 960000 | 980080 |
| Maricopa County Industrial Development Authority<br> Choice Academies, Inc. Project (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;09-01-45 | 975000 | 945699 |
| Maricopa County Industrial Development Authority<br> HonorHealth, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-37 | 515000 | 499669 |

---

2 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Arizona (continued)** |  |  |  |  |
| Maricopa County Industrial Development Authority<br> HonorHealth, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-36 | 555000 | $583705 |
| Maricopa County Industrial Development Authority<br> HonorHealth, Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-39 | 2365000 | 2450622 |
| Maricopa County Industrial Development Authority<br> Legacy Cares Project (A) | &nbsp;&nbsp;2.100 | &nbsp;&nbsp;07-01-26 | 275000 | 269419 |
| Maricopa County Industrial Development Authority<br> Legacy Traditional School | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-34 | 3640000 | 3525895 |
| Salt River Project Agricultural Improvement & Power District<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-39 | 960000 | 981367 |
| Salt Verde Financial Corp.<br> Gas Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 1605000 | 1677416 |
| Sierra Vista Industrial Development Authority<br> American Leadership Academy Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-34 | 500000 | 513343 |
| Sierra Vista Industrial Development Authority<br> Champion Schools Project (A) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;06-15-34 | 330000 | 341311 |
| Sierra Vista Industrial Development Authority<br> Champion Schools Project (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;06-15-44 | 550000 | 550111 |
| Sierra Vista Industrial Development Authority<br> Champion Schools Project (A) | &nbsp;&nbsp;6.300 | &nbsp;&nbsp;06-15-54 | 1110000 | 1117481 |
| Yuma Industrial Development Authority<br> Yuma Regional Medical Center, Series A (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-54 | 500000 | 418036 |
| **Arkansas 0.8%** |  |  |  | **10310046** |
| Arkansas Development Finance Authority<br> Hybar Steel Project, Series A, AMT (A) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;07-01-48 | 500000 | 529043 |
| Arkansas Development Finance Authority<br> Hybar Steel Project, Series B, AMT (A) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;07-01-48 | 2500000 | 2691316 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-27 | 500000 | 511698 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-29 | 250000 | 262713 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-30 | 500000 | 528370 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-31 | 500000 | 529200 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-32 | 1255000 | 1314822 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-33 | 1250000 | 1300584 |
| Arkansas Development Finance Authority<br> Washington Regional Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-34 | 1000000 | 1031042 |
| County of Pulaski<br> Arkansas Children's Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-35 | 1000000 | 1091203 |
| Little Rock School District<br> Construction Bonds, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-01-28 | 520000 | 520055 |
| **California 5.2%** |  |  |  | **68614821** |
| California Community Choice Financing Authority<br> Clean Energy Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-52 | 2140000 | 2174064 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-55 | 6500000 | 6784458 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series C | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-01-54 | 4800000 | 5046752 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series E | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-55 | 5000000 | 5358081 |
| California Community Choice Financing Authority<br> Series D | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;05-01-54 | 3560000 | 3772408 |
| California County Tobacco Securitization Agency<br> Kern County Tobacco Funding Corp. | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-40 | 1000000 | 950527 |
| California Health Facilities Financing Authority<br> Episcopal Communities & Services, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-29 | 180000 | 192860 |
| California Health Facilities Financing Authority<br> Episcopal Communities & Services, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-30 | 135000 | 145900 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 3

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **California (continued)** |  |  |  |  |
| California Housing Finance Agency<br> Power Station Block 7B, Series L (A) | &nbsp;&nbsp;5.200 | &nbsp;&nbsp;12-01-27 | 2500000 | $2553363 |
| California Infrastructure & Economic Development Bank<br> Brightline West Passenger Project, Series A, AMT (A) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;01-01-65 | 8450000 | 7765492 |
| California Municipal Finance Authority<br> Certificates of Participation, Palomar Health, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-27 | 100000 | 104016 |
| California Municipal Finance Authority<br> Certificates of Participation, Palomar Health, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-28 | 115000 | 121451 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-7 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-39 | 580000 | 592239 |
| California Municipal Finance Authority<br> Eisenhower Medical Center, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 1500000 | 1449055 |
| California Municipal Finance Authority<br> NorthBay Healthcare, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-41 | 695000 | 682257 |
| California Municipal Finance Authority<br> Paradise Valley Estates Project, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-49 | 1500000 | 1516966 |
| California Municipal Finance Authority<br> United Airlines, Inc. Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-29 | 3000000 | 2984159 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-34 | 250000 | 260040 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-15-39 | 600000 | 616949 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (A) | &nbsp;&nbsp;5.900 | &nbsp;&nbsp;06-15-44 | 600000 | 615789 |
| California Pollution Control Financing Authority<br> San Diego County Water Authority Desalination Project Pipeline (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-21-45 | 500000 | 494526 |
| California Pollution Control Financing Authority<br> Waste Management, Inc., Series A3, AMT | &nbsp;&nbsp;4.300 | &nbsp;&nbsp;07-01-40 | 1000000 | 1000228 |
| California Public Finance Authority<br> Henry Mayo Newhall Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-15-30 | 500000 | 508430 |
| California Public Finance Authority<br> Henry Mayo Newhall Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-15-31 | 500000 | 507459 |
| California School Finance Authority<br> John Adams Academies, Series A (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;07-01-32 | 790000 | 791267 |
| City & County of San Francisco<br> Transbay Transit Center, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-42 | 1300000 | 1351464 |
| City of Los Angeles Department of Airports<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-33 | 5000000 | 5470436 |
| City of Los Angeles Department of Airports<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-34 | 1000000 | 1095245 |
| City of Oroville<br> Oroville Hospital | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;04-01-54 | 3000000 | 2304966 |
| Compton Community Redevelopment Agency Successor Agency<br> Series A (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-32 | 900000 | 1007886 |
| CSCDA Community Improvement Authority<br> 1818 Platinum Triangle Anaheim, Series A-2 (A) | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;04-01-57 | 425000 | 291618 |
| Golden State Tobacco Securitization Corp.<br> Tobacco Settlement, Series A-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-51 | 1000000 | 953669 |
| Mount Diablo Unified School District<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-33 | 905000 | 949788 |
| M-S-R Energy Authority<br> Series B | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;11-01-39 | 945000 | 1122118 |
| M-S-R Energy Authority<br> Series B | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;11-01-34 | 2220000 | 2652208 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2023-1 | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;09-01-53 | 600000 | 608210 |
| San Bernardino Community College District<br> Election of 2002, Series D, GO (D) | &nbsp;&nbsp;3.200 | &nbsp;&nbsp;08-01-33 | 1900000 | 1475245 |
| Windsor Unified School District<br> Election of 2016, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-46 | 2590000 | 2343232 |
| **Colorado 3.4%** |  |  |  | **45657014** |
| Adams County School District No. 1<br> Certificates of Participation (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-36 | 875000 | 954425 |

---

4 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Colorado (continued)** |  |  |  |  |
| Adams County School District No. 1<br> Certificates of Participation (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 1120000 | $1202629 |
| Aerotropolis Regional Transportation Authority (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-44 | 2500000 | 2374159 |
| City & County of Denver Pledged Excise Tax Revenue<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-38 | 2000000 | 1996423 |
| City of Boulder Water & Sewer Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-42 | 290000 | 271588 |
| Colorado Bridge & Tunnel Enterprise<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-44 | 1000000 | 1021446 |
| Colorado Bridge Enterprise<br> Central 70 Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-31-26 | 3950000 | 3990988 |
| Colorado Educational & Cultural Facilities Authority<br> Axis International Academy Project, Series A (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;07-01-55 | 1000000 | 977015 |
| Colorado Educational & Cultural Facilities Authority<br> Kent Denver School Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-35 | 9500000 | 9356965 |
| Colorado Health Facilities Authority<br> AdventHealth Obligated Group | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-15-38 | 1000000 | 975753 |
| Colorado Health Facilities Authority<br> CommonSpirit Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-26 | 350000 | 358822 |
| Colorado Health Facilities Authority<br> CommonSpirit Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-28 | 1000000 | 1066714 |
| Colorado Health Facilities Authority<br> CommonSpirit Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-29 | 800000 | 866869 |
| Colorado Health Facilities Authority<br> CommonSpirit Health, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-54 | 500000 | 497578 |
| Colorado Health Facilities Authority<br> Frasier Meadows Retirement Community Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-37 | 500000 | 502842 |
| Colorado Health Facilities Authority<br> Frasier Meadows Retirement Community Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-47 | 1500000 | 1426967 |
| Creekwalk Marketplace Business Improvement District<br> Series A | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;12-01-54 | 1125000 | 1046473 |
| Denver Convention Center Hotel Authority | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-33 | 1620000 | 1636221 |
| Denver Convention Center Hotel Authority | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-36 | 1000000 | 1004419 |
| Fiddler's Business Improvement District<br> Greenwood Village, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 250000 | 255220 |
| Gold Hill Mesa Metropolitan District No. 2<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-25 | 135000 | 135718 |
| Gold Hill Mesa Metropolitan District No. 2<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-26 | 145000 | 149081 |
| Gold Hill Mesa Metropolitan District No. 2<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-28 | 70000 | 74315 |
| Gold Hill Mesa Metropolitan District No. 2<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-29 | 45000 | 48428 |
| Gold Hill Mesa Metropolitan District No. 2<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-30 | 15000 | 16285 |
| Heritage Ridge Metropolitan District<br> Series A, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-34 | 125000 | 127244 |
| Heritage Ridge Metropolitan District<br> Series A, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-42 | 100000 | 92427 |
| Hess Ranch Metropolitan District No. 5<br> Series A-1 | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;12-01-43 | 735733 | 731251 |
| Hess Ranch Metropolitan District No. 5<br> Series A-2 | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;12-01-43 | 370000 | 367820 |
| Hunters Overlook Metropolitan District No. 5, GO (C) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-01-54 | 1000000 | 893008 |
| Park Creek Metropolitan District<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 320000 | 354195 |
| Park Creek Metropolitan District<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-43 | 1355000 | 1378732 |
| Public Authority for Colorado Energy<br> Natural Gas Revenue | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;11-15-28 | 725000 | 760416 |
| Rendezvous Residential Metropolitan District, GO (C) | &nbsp;&nbsp;2.250 | &nbsp;&nbsp;12-01-32 | 350000 | 306215 |
| South Suburban Park & Recreation District<br> Certificates of Participation | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-15-41 | 80000 | 75012 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 5

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Colorado (continued)** |  |  |  |  |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado<br> Series A, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-35 | 3900000 | $4140388 |
| Trails at Crowfoot Metropolitan District No. 3<br> Series A, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-44 | 2925000 | 2496557 |
| Trails at Crowfoot Metropolitan District No. 3<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-39 | 600000 | 619650 |
| Villages at Castle Rock Metropolitan District<br> Cobblestone Ranch Project, Series 2, GO (D) | &nbsp;&nbsp;7.957 | &nbsp;&nbsp;12-01-37 | 2866667 | 1106756 |
| **Connecticut 1.2%** |  |  |  | **15483960** |
| Connecticut State Health & Educational Facilities Authority<br> Connecticut Children's Medical Center, Series E | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-39 | 550000 | 571969 |
| Connecticut State Health & Educational Facilities Authority<br> Connecticut Children's Medical Center, Series E | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-40 | 425000 | 439469 |
| Connecticut State Health & Educational Facilities Authority<br> Fairfield University, Series V | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 150000 | 155197 |
| Connecticut State Health & Educational Facilities Authority<br> Fairfield University, Series V | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-44 | 225000 | 229193 |
| Connecticut State Health & Educational Facilities Authority<br> Goodwin University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-44 | 670000 | 622326 |
| Connecticut State Health & Educational Facilities Authority<br> Stamford Hospital, Series M | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-39 | 1500000 | 1407785 |
| Connecticut State Health & Educational Facilities Authority<br> Stamford Hospital, Series M | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-34 | 325000 | 347134 |
| Harbor Point Infrastructure Improvement District<br> Harbor Point Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-39 | 3500000 | 3506189 |
| Stamford Housing Authority<br> Mozaic Concierge Living Project, Series C | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;10-01-32 | 3600000 | 3676107 |
| State of Connecticut Special Tax Revenue<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-36 | 1000000 | 1039390 |
| State of Connecticut Special Tax Revenue<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-37 | 1000000 | 1034402 |
| Town of Hamden<br> Whitney Center Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-50 | 1075000 | 897099 |
| Town of Hamden, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-33 | 1390000 | 1557700 |
| **Delaware 0.2%** |  |  |  | **2498954** |
| Delaware State Economic Development Authority<br> Acts Retirement Life Communities, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-38 | 1540000 | 1567254 |
| Delaware Transportation Authority<br> Transportation System Revenue | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;07-01-35 | 1000000 | 931700 |
| **District of Columbia 1.9%** |  |  |  | **25468012** |
| District of Columbia<br> DC Smart Street Lighting Project, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-31-28 | 2000000 | 2101803 |
| District of Columbia<br> KIPP DC Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-39 | 1750000 | 1591089 |
| District of Columbia<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-35 | 1320000 | 1481780 |
| District of Columbia<br> Union Market Project, Series A (A) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;06-01-34 | 5000000 | 5025299 |
| District of Columbia Income Tax Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-36 | 2900000 | 3246051 |
| District of Columbia Income Tax Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-44 | 185000 | 190815 |
| District of Columbia Income Tax Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-45 | 1930000 | 1981793 |
| Metropolitan Washington Airports Authority Aviation Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-26 | 315000 | 322268 |
| Metropolitan Washington Airports Authority Aviation Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-38 | 3375000 | 3536018 |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue<br> Series C (C) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;10-01-41 | 1815000 | 1890802 |

---

6 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **District of Columbia (continued)** |  |  |  |  |
| Washington Metropolitan Area Transit Authority Dedicated Revenue<br> Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-15-53 | 4000000 | $4100294 |
| **Florida 10.0%** |  |  |  | **132363921** |
| Alachua County Health Facilities Authority<br> Shands Teaching Hospital & Clinics | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-44 | 175000 | 174992 |
| Cabot Citrus Farms<br> Community Development District | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;03-01-29 | 1500000 | 1517523 |
| Capital Projects Finance Authority<br> Navigator Academy of Leadership Obligated Group Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-34 | 780000 | 787971 |
| City of Atlantic Beach<br> Fleet Landing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-48 | 990000 | 913809 |
| City of Pompano Beach<br> John Knox Village Project | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;09-01-30 | 1900000 | 1855572 |
| Collier County Industrial Development Authority<br> NCH Healthcare System Projects | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-54 | 1250000 | 1342610 |
| Collier County Industrial Development Authority<br> NCH Healthcare System Projects | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-54 | 1200000 | 1307704 |
| County of Broward<br> Airport System Revenue, Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-27 | 1500000 | 1568019 |
| County of Lee Airport Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-30 | 3500000 | 3805884 |
| County of Lee Airport Revenue<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-28 | 4060000 | 4314890 |
| County of Miami-Dade Aviation Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-30 | 2250000 | 2457692 |
| County of Miami-Dade Aviation Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-34 | 5500000 | 5988993 |
| County of Miami-Dade Seaport Department<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-36 | 1300000 | 1366366 |
| County of Miami-Dade Seaport Department<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-39 | 3000000 | 3050565 |
| County of Miami-Dade Seaport Department<br> Series B-2 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-41 | 2000000 | 1875067 |
| County of Miami-Dade Water & Sewer System Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-46 | 1850000 | 1621631 |
| County of Monroe Airport Revenue<br> Key West International Airport, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-25 | 130000 | 130167 |
| County of Monroe Airport Revenue<br> Key West International Airport, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-26 | 150000 | 152765 |
| County of Monroe Airport Revenue<br> Key West International Airport, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-28 | 180000 | 189339 |
| County of Monroe Airport Revenue<br> Key West International Airport, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-29 | 325000 | 345469 |
| County of Monroe Airport Revenue<br> Key West International Airport, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-33 | 1000000 | 1065232 |
| Duval County Public Schools<br> School Board Certificates of Participation, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-30 | 500000 | 553841 |
| Duval County Public Schools<br> School Board Certificates of Participation, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-31 | 250000 | 273177 |
| Florida Atlantic University Finance Corp.<br> Student Housing Project, Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-35 | 1280000 | 1269760 |
| Florida Department of Management Services<br> Certificates of Participation, Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;11-01-36 | 2250000 | 1989360 |
| Florida Department of Management Services<br> Certificates of Participation, Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;11-01-37 | 2010000 | 1740134 |
| Florida Development Finance Corp.<br> Imagine School at Broward Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-15-34 | 330000 | 337901 |
| Florida Development Finance Corp.<br> River City Science Academy | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-31 | 285000 | 296797 |
| Florida Development Finance Corp.<br> River City Science Academy | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 635000 | 604075 |
| Florida Development Finance Corp.<br> Solid Waste Southeast LLC Project, Series A, AMT (A) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;10-01-54 | 6250000 | 6213683 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 7

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Florida (continued)** |  |  |  |  |
| Florida Development Finance Corp.<br> Tampa General Hospital Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-41 | 1010000 | $1025823 |
| Florida Development Finance Corp.<br> UF Health Jacksonville Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-33 | 1000000 | 1057391 |
| Florida Development Finance Corp.<br> Waste Pro USA, Inc. Project, AMT | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-32 | 3000000 | 2738347 |
| Florida Development Finance Corp.<br> Waste Pro USA, Inc. Project, AMT (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-29 | 1000000 | 1038522 |
| Florida Development Finance Corp.<br> Waste Pro USA, Inc. Project, AMT (A) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;07-01-32 | 1000000 | 1010555 |
| Florida Gulf Coast University Financing Corp.<br> Housing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-27 | 805000 | 828360 |
| Florida Gulf Coast University Financing Corp.<br> Housing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-28 | 400000 | 422620 |
| Florida Gulf Coast University Financing Corp.<br> Housing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-29 | 435000 | 468146 |
| Florida Gulf Coast University Financing Corp.<br> Housing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-30 | 440000 | 480121 |
| Florida Gulf Coast University Financing Corp.<br> Housing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-31 | 460000 | 505934 |
| Florida Gulf Coast University Financing Corp.<br> Housing Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-32 | 485000 | 535149 |
| Florida Higher Educational Facilities Financial Authority<br> Jacksonville University (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;06-01-33 | 4035000 | 3819329 |
| Florida Higher Educational Facilities Financial Authority<br> Nova Southeastern University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-30 | 890000 | 899053 |
| Florida Higher Educational Facilities Financial Authority<br> Rollins College Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-49 | 1900000 | 1552687 |
| Florida Local Government Finance Commission<br> Fleet Landing at Nocatee Project, Series B-2 (A) | &nbsp;&nbsp;4.450 | &nbsp;&nbsp;11-15-31 | 2700000 | 2713635 |
| Florida State Board of Governors<br> Polytech University, Series A (C) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;07-01-38 | 1000000 | 993124 |
| Florida State Board of Governors<br> Series A (C) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;10-01-48 | 1245000 | 1125129 |
| Florida State Board of Governors Florida International University Dormitory Revenue<br> Series A (C) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;07-01-35 | 2140000 | 1939857 |
| Greater Orlando Aviation Authority, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-38 | 5510000 | 5751636 |
| Greater Orlando Aviation Authority, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-39 | 5785000 | 5970139 |
| Halifax Hospital Medical Center<br> Daytona Beach | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-54 | 1500000 | 1487381 |
| Hillsborough County Industrial Development Authority<br> Tampa General Hospital Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-50 | 2075000 | 1714186 |
| Jacksonville Housing Authority<br> Westwood Apartments | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-34 | 2450000 | 2591976 |
| Lee County Industrial Development Authority<br> Shell Point Obligated Group | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-15-28 | 100000 | 102453 |
| Lee County Industrial Development Authority<br> Shell Point Obligated Group, Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-44 | 3445000 | 3321490 |
| Miami Beach Health Facilities Authority<br> Mt. Sinai Medical Center of Florida, Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-15-46 | 1500000 | 1262071 |
| Middleton Community Development District A<br> Special Assessment Revenue | &nbsp;&nbsp;5.200 | &nbsp;&nbsp;05-01-27 | 250000 | 254245 |
| Middleton Community Development District A<br> Special Assessment Revenue | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;05-01-32 | 240000 | 256058 |
| Midtown Miami Community Development District<br> Infrastructure Project, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-37 | 3670000 | 3670090 |
| North Miami Community Redevelopment Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-31 | 100000 | 108991 |
| North Miami Community Redevelopment Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-32 | 500000 | 545213 |
| North Miami Community Redevelopment Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-33 | 1500000 | 1636758 |

---

8 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Florida (continued)** |  |  |  |  |
| North Miami Community Redevelopment Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-35 | 1665000 | $1799865 |
| North Miami Community Redevelopment Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-36 | 1600000 | 1696535 |
| Orange County Health Facilities Authority<br> Orlando Health Obligated Group, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-41 | 2260000 | 2329474 |
| Orange County Health Facilities Authority<br> Orlando Health Obligated Group, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;10-01-56 | 1000000 | 1009707 |
| Orange County Health Facilities Authority<br> Presbyterian Retirement Communities | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-36 | 3500000 | 3339022 |
| Palm Beach County Health Facilities Authority<br> Acts Retirement-Life Communities | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-32 | 3145000 | 3181811 |
| Palm Beach County Health Facilities Authority<br> Acts Retirement-Life Communities, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-45 | 2090000 | 2000955 |
| Palm Beach County Health Facilities Authority<br> Jupiter Medical Center Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-31 | 1065000 | 1154979 |
| Palm Beach County Health Facilities Authority<br> Jupiter Medical Center Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-32 | 600000 | 650250 |
| Palm Beach County Health Facilities Authority<br> Jupiter Medical Center Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-35 | 880000 | 918808 |
| Palm Beach County Health Facilities Authority<br> Toby and Leon Cooperman Sinai Residences | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-26 | 230000 | 230681 |
| Palm Beach County Health Facilities Authority<br> Toby and Leon Cooperman Sinai Residences | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-31 | 3550000 | 3572830 |
| Palm Beach County Health Facilities Authority<br> Toby and Leon Cooperman Sinai Residences | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-36 | 1610000 | 1533962 |
| Polk County Industrial Development Authority<br> Mineral Development LLC, AMT (A)(E) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;01-01-33 | 1665000 | 915750 |
| St. Johns County Industrial Development Authority<br> Vicar's Landing Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-15-50 | 900000 | 632336 |
| Tampa Bay Water<br> Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;10-01-54 | 5395000 | 5567810 |
| Village Community Development District<br> CDD No. 15 (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-34 | 500000 | 493299 |
| Village Community Development District<br> CDD No. 6 (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-37 | 400000 | 398390 |
| **Georgia 3.5%** |  |  |  | **45934325** |
| Athens Housing Authority<br> University of Georgia Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-49 | 615000 | 546638 |
| Athens-Clarke County Unified Government Development Authority<br> University of Georgia Athletic Association Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-40 | 530000 | 557379 |
| Athens-Clarke County Unified Government Development Authority<br> University of Georgia West Precinct LLC | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-56 | 1590000 | 1313895 |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-38 | 150000 | 143059 |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-39 | 15000 | 14136 |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-26 | 1775000 | 1806080 |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-33 | 1790000 | 1873970 |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-35 | 1500000 | 1555632 |
| Development Authority of Burke County<br> Georgia Power Company Vogtle Project, Fifth Series 1995 | &nbsp;&nbsp;2.200 | &nbsp;&nbsp;10-01-32 | 1850000 | 1591193 |
| Development Authority of Burke County<br> Georgia Power Company Vogtle Project, Fourth Series 1994 | &nbsp;&nbsp;3.800 | &nbsp;&nbsp;10-01-32 | 1015000 | 1020297 |
| Development Authority of Burke County<br> Oglethorpe Power Corp. Vogtle Project, Series A | &nbsp;&nbsp;3.600 | &nbsp;&nbsp;01-01-40 | 3500000 | 3562746 |
| Development Authority of Rockdale County<br> Pratt Paper LLC Project, AMT (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-38 | 1000000 | 934747 |
| Fulton County Residential Care Facilities for the Elderly Authority<br> Canterbury Court Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-37 | 1500000 | 1508036 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 9

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Georgia (continued)** |  |  |  |  |
| Fulton County Residential Care Facilities for the Elderly Authority<br> Lenbrook Square Foundation, Inc. | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 4800000 | $4649282 |
| Georgia State Road & Tollway Authority<br> Managed Lane System, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-38 | 3280000 | 3279552 |
| Main Street Natural Gas, Inc.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-27 | 3660000 | 3769589 |
| Main Street Natural Gas, Inc.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-35 | 290000 | 307650 |
| Main Street Natural Gas, Inc.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-43 | 710000 | 708463 |
| Main Street Natural Gas, Inc.<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-53 | 2750000 | 2912233 |
| Main Street Natural Gas, Inc.<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-53 | 750000 | 796089 |
| Main Street Natural Gas, Inc.<br> Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-54 | 4500000 | 4794733 |
| Main Street Natural Gas, Inc.<br> Series E-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-53 | 4780000 | 5117095 |
| Municipal Electric Authority of Georgia<br> Series HH | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-29 | 3000000 | 3171831 |
| **Hawaii 0.0%** |  |  |  | **610551** |
| County of Maui, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-37 | 550000 | 610551 |
| **Illinois 8.8%** |  |  |  | **117156161** |
| Bureau, Whiteside & Lee Counties<br> Bureau Valley Community Unit School District No. 340, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-31 | 325000 | 357006 |
| Bureau, Whiteside & Lee Counties<br> Bureau Valley Community Unit School District No. 340, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-33 | 170000 | 187419 |
| Chicago Board of Education<br> Dedicated Capital Improvement | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-42 | 1400000 | 1363122 |
| Chicago Board of Education<br> Dedicated Capital Improvement | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;04-01-46 | 3500000 | 3532912 |
| Chicago Board of Education<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-34 | 3000000 | 3047591 |
| Chicago Board of Education<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 1050000 | 1026758 |
| Chicago Board of Education<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-38 | 2000000 | 1734601 |
| Chicago Board of Education<br> Series B, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-41 | 1800000 | 1526489 |
| Chicago Board of Education<br> Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-30 | 1000000 | 1040897 |
| Chicago Midway International Airport<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-35 | 500000 | 535784 |
| Chicago Midway International Airport<br> Series C, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-36 | 750000 | 790513 |
| Chicago O'Hare International Airport<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-38 | 1505000 | 1462074 |
| Chicago O'Hare International Airport<br> Series A, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-01-42 | 2450000 | 2526519 |
| Chicago O'Hare International Airport<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-38 | 1545000 | 1548189 |
| Chicago O'Hare International Airport<br> Series C, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-34 | 2000000 | 2170128 |
| Chicago O'Hare International Airport<br> Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-52 | 3670000 | 3649641 |
| City of Chicago<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-29 | 4000000 | 4196867 |
| City of Chicago<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-31 | 1000000 | 1038380 |
| City of Chicago Wastewater Transmission Revenue<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-38 | 1000000 | 1072389 |

---

10 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Illinois (continued)** |  |  |  |  |
| City of Chicago Wastewater Transmission Revenue<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-39 | 225000 | $239030 |
| Cook County Community College District No. 508<br> City Colleges of Chicago, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-34 | 1000000 | 1083401 |
| Cook County Community College District No. 508<br> City Colleges of Chicago, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-35 | 1000000 | 1068520 |
| Cook County Community College District No. 508<br> City Colleges of Chicago, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-36 | 1000000 | 1057717 |
| Cook County Community College District No. 508<br> City Colleges of Chicago, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 1000000 | 1046736 |
| Cook County Community College District No. 535<br> Series B, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-32 | 1055000 | 1019472 |
| Cook County Community Consolidated School District No. 34 Glenview<br> Series A, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-36 | 1265000 | 1119614 |
| Cook County School District No. 143 Midlothian<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-30 | 540000 | 598604 |
| Cook County School District No. 143 Midlothian<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-31 | 730000 | 815497 |
| Cook County School District No. 143 Midlothian<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 535000 | 601288 |
| Cook County School District No. 143 Midlothian<br> Series A, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-33 | 685000 | 772464 |
| Cook County School District No. 86 Harwood Heights, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-42 | 585000 | 595705 |
| Cook County School District No. 86 Harwood Heights, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-43 | 550000 | 556903 |
| Cook County School District No. 86 Harwood Heights, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-44 | 410000 | 413698 |
| Illinois Finance Authority<br> Clark-Lindsey Village, Series A | &nbsp;&nbsp;4.600 | &nbsp;&nbsp;06-01-27 | 360000 | 360576 |
| Illinois Finance Authority<br> Clark-Lindsey Village, Series A | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;06-01-32 | 725000 | 732481 |
| Illinois Finance Authority<br> Clark-Lindsey Village, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-37 | 1050000 | 1020335 |
| Illinois Finance Authority<br> DePaul College Prep Foundation, Series A (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;08-01-33 | 1155000 | 1179541 |
| Illinois Finance Authority<br> Dominican University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-27 | 360000 | 365879 |
| Illinois Finance Authority<br> Dominican University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-29 | 235000 | 242526 |
| Illinois Finance Authority<br> Dominican University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-31 | 595000 | 614388 |
| Illinois Finance Authority<br> LRS Holdings LLC Project, Series A, AMT (A) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;09-01-52 | 1000000 | 1058418 |
| Illinois Finance Authority<br> LRS Holdings LLC Project, Series B, AMT (A) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;09-01-42 | 1250000 | 1362788 |
| Illinois Finance Authority<br> Navy Pier, Inc., Series B (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-34 | 1150000 | 1185509 |
| Illinois Finance Authority<br> Navy Pier, Inc., Series B (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-44 | 500000 | 459605 |
| Illinois Finance Authority<br> Shedd Aquarium Society Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-31 | 600000 | 663427 |
| Illinois Finance Authority<br> UChicago Medicine, Series B-2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-52 | 2000000 | 2073439 |
| Illinois Finance Authority<br> Westminster Village, Series A | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-01-28 | 1155000 | 1149467 |
| Illinois State Toll Highway Authority<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-43 | 1525000 | 1549224 |
| Monroe & St. Clair Counties Community Unit School District No. 4 Columbia, GO | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-40 | 2000000 | 2001368 |
| Moultrie Shelby & Coles Counties Community Unit School<br> District No. 300, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-40 | 1000000 | 1059804 |
| Moultrie Shelby & Coles Counties Community Unit School<br> District No. 300, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-41 | 1000000 | 1057633 |
| Northern Illinois University<br> Series B (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-28 | 110000 | 115231 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 11

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Illinois (continued)** |  |  |  |  |
| Sales Tax Securitization Corp.<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-39 | 550000 | $524773 |
| Sales Tax Securitization Corp.<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-42 | 1950000 | 1806600 |
| Sales Tax Securitization Corp.<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-37 | 1000000 | 1039551 |
| Sales Tax Securitization Corp.<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-35 | 1250000 | 1321934 |
| Sales Tax Securitization Corp.<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-37 | 1000000 | 1043396 |
| Sales Tax Securitization Corp.<br> Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-37 | 1310000 | 1400207 |
| Sales Tax Securitization Corp.<br> Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-38 | 1385000 | 1472466 |
| Sales Tax Securitization Corp.<br> Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-39 | 1520000 | 1598804 |
| South Suburban College Community School<br> District No. 510, GO (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-37 | 1190000 | 1255820 |
| South Suburban College Community School<br> District No. 510, GO (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-39 | 1315000 | 1370414 |
| South Suburban College Community School<br> District No. 510, GO (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-41 | 1490000 | 1539338 |
| St. Clair County Community Unit School District No. 187 Cahokia<br> Series B, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-43 | 1350000 | 1367318 |
| State of Illinois<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-28 | 1750000 | 1870002 |
| State of Illinois<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-34 | 2000000 | 2065730 |
| State of Illinois<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-35 | 1750000 | 1710800 |
| State of Illinois<br> Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-30 | 2000000 | 2206706 |
| State of Illinois<br> Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-39 | 3000000 | 2725418 |
| State of Illinois<br> Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-43 | 4390000 | 3727331 |
| State of Illinois<br> Series D, GO | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;11-01-26 | 2815000 | 2829758 |
| State of Illinois<br> Series E, GO (F) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-44 | 4800000 | 4762886 |
| State of Illinois, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-01-31 | 1050000 | 1059171 |
| Upper Illinois River Valley Development Authority<br> Prairie Crossing Charter School Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-55 | 625000 | 533585 |
| Village of Bedford Park Hotel/Motel Tax Revenue<br> Series A (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-42 | 200000 | 179070 |
| Village of Bedford Park Hotel/Motel Tax Revenue<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-40 | 270000 | 278201 |
| Village of Lincolnwood<br> Certificates of Participation, District 1860 Development Project, Series A (A) | &nbsp;&nbsp;4.820 | &nbsp;&nbsp;01-01-41 | 5790000 | 5514206 |
| Village of Morton Grove Tax Increment Revenue<br> Samwill Station Redevelopment Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-39 | 2000000 | 1895759 |
| Village of Northbrook, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 1230000 | 1338917 |
| Village of Northbrook, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-38 | 1395000 | 1502472 |
| Village of Westchester, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-15-35 | 800000 | 874711 |
| Village of Westchester, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-15-43 | 500000 | 507922 |
| Winnebago & Boone Counties School District No. 205 Rockford, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-32 | 3500000 | 3785328 |
| **Indiana 1.7%** |  |  |  | **22923803** |
| City of Valparaiso<br> Pratt Paper LLC Project, AMT (A) | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;01-01-44 | 500000 | 473409 |
| City of Whiting<br> BP Products North America, Inc., Series A, AMT | &nbsp;&nbsp;4.400 | &nbsp;&nbsp;03-01-46 | 3825000 | 3956358 |

---

12 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Indiana (continued)** |  |  |  |  |
| Greensburg Building Corp.<br> Fire Station Project, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-33 | 1500000 | $1638356 |
| Greensburg Building Corp.<br> Public Works Building Project, Series B (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-33 | 1195000 | 1305224 |
| Indiana Bond Bank<br> Hamilton County Projects | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;07-15-36 | 740000 | 664550 |
| Indiana Finance Authority<br> Hendricks Regional Health | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-42 | 1315000 | 1325176 |
| Indiana Finance Authority<br> Hendricks Regional Health | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-43 | 1200000 | 1200458 |
| Indiana Finance Authority<br> Indiana Masonic Home Project, Series A | &nbsp;&nbsp;4.300 | &nbsp;&nbsp;05-01-29 | 520000 | 530693 |
| Indiana Finance Authority<br> Marquette Project, Series A | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;03-01-45 | 2200000 | 2105607 |
| Indiana Finance Authority<br> Ohio Valley Electric Corp. Project, Series A | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;11-01-30 | 1000000 | 1023274 |
| Indiana Finance Authority<br> Polyflow Industry Project, AMT (A)(E) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;03-01-39 | 1165000 | 58250 |
| Indiana Finance Authority<br> The Methodist Hospitals, Inc., Series A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;09-15-39 | 2000000 | 2079308 |
| Indiana Finance Authority<br> University Evansville Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-25 | 500000 | 500000 |
| Indiana Municipal Power Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-42 | 815000 | 823353 |
| Indianapolis Local Public Improvement Bond Bank<br> Convention Center Hotel, Series E | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;03-01-38 | 800000 | 839752 |
| Indianapolis Local Public Improvement Bond Bank<br> Indianapolis Airport Authority Project, Series G-2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-30 | 330000 | 355681 |
| Indianapolis Local Public Improvement Bond Bank<br> Indianapolis Airport Authority Project, Series G-2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-31 | 1095000 | 1187439 |
| Indianapolis Local Public Improvement Bond Bank<br> Indianapolis Airport Authority Project, Series G-2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-32 | 305000 | 331860 |
| Indianapolis Local Public Improvement Bond Bank<br> Indianapolis Airport Authority Project, Series G-2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-33 | 595000 | 640545 |
| North Lawrence Community Schools Building Corp.<br> First Mortgage | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-32 | 250000 | 279505 |
| North Lawrence Community Schools Building Corp.<br> First Mortgage | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-33 | 275000 | 308143 |
| North Lawrence Community Schools Building Corp.<br> First Mortgage | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-33 | 200000 | 224445 |
| Westfield-Washington Multi-School Building Corp.<br> Series B (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-15-40 | 1000000 | 1072417 |
| **Iowa 0.5%** |  |  |  | **6386173** |
| City of Johnston<br> Certificates of Participation, Series B, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-38 | 25000 | 21377 |
| Harlan Community School District, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-32 | 515000 | 536605 |
| Harlan Community School District, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-33 | 540000 | 558122 |
| Iowa Finance Authority<br> Lifespace Communities, Inc., Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-46 | 1500000 | 1204008 |
| Iowa Great Lakes Sanitation District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-33 | 1145000 | 1177024 |
| PEFA, Inc.<br> Gas Project Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-49 | 2000000 | 2034266 |
| Rock Valley Community School District, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-44 | 955000 | 854771 |
| **Kansas 0.5%** |  |  |  | **6386510** |
| City of Prairie Village<br> Meadowbrook TIF Project | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;04-01-30 | 545000 | 543445 |
| City of Prairie Village<br> Meadowbrook TIF Project | &nbsp;&nbsp;3.125 | &nbsp;&nbsp;04-01-36 | 1650000 | 1528899 |
| Kansas Development Finance Authority<br> AdventHealth Obligated Group, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-54 | 3000000 | 3322235 |
| Wyandotte County-Kansas City Unified Government<br> Legends Apartments Garage & West Lawn Project | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;06-01-40 | 1050000 | 991931 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 13

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Kentucky 2.0%** |  |  |  | **$27115636** |
| County of Trimble<br> Louisville Gas and Electric Company Project, Series A | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;06-01-33 | 2500000 | 2491201 |
| Kenton County Airport Board<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-29 | 300000 | 319935 |
| Kenton County Airport Board<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-30 | 550000 | 593728 |
| Kenton County Airport Board<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-31 | 750000 | 814079 |
| Kenton County Airport Board<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-32 | 1350000 | 1466489 |
| Kenton County Airport Board<br> Series A, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-01-39 | 1500000 | 1594750 |
| Kentucky Public Energy Authority<br> Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-55 | 4800000 | 5110682 |
| Kentucky Public Energy Authority<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-55 | 10000000 | 10656038 |
| Kentucky Turnpike Authority<br> Revitalization Projects, Series 2022-A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-32 | 2000000 | 2214137 |
| Louisville Water Company<br> Water System Revenue | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;11-15-35 | 65000 | 59582 |
| Stamford Housing Authority<br> Mozaic Concierge Living Project, Series A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;10-01-35 | 625000 | 639552 |
| Woodford County School District Finance Corp.<br> Series A (C) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;08-01-31 | 1000000 | 1155463 |
| **Louisiana 1.2%** |  |  |  | **16550994** |
| Louisiana Local Government Environmental Facilities & Community Development Authority<br> Downsville Community Charter School Project (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-15-53 | 3500000 | 3320393 |
| Louisiana Local Government Environmental Facilities & Community Development Authority<br> Louisiana Insurance Guaranty Association Project, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-32 | 4545000 | 4682855 |
| Louisiana Local Government Environmental Facilities & Community Development Authority<br> Westlake Chemical Corp. Project | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;11-01-32 | 5085000 | 4903789 |
| New Orleans Aviation Board<br> Parking Facilities Corp. Consolidated Garage System (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-48 | 1000000 | 990590 |
| New Orleans Aviation Board<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-41 | 1490000 | 1494076 |
| State of Louisiana Gasoline & Fuels Tax Revenue<br> Series B | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-01-41 | 1420000 | 1159291 |
| **Maine 0.1%** |  |  |  | **955008** |
| City of Lewiston, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-15-32 | 860000 | 955008 |
| **Maryland 1.5%** |  |  |  | **19855558** |
| City of Gaithersburg<br> Asbury Maryland Obligated Group | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-37 | 2000000 | 2010299 |
| County of Baltimore, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-44 | 6945000 | 7218721 |
| County of Howard<br> Annapolis Junction Town Center Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-15-44 | 335000 | 338825 |
| County of Howard<br> Consolidated Public Improvement Project, Series A, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-37 | 1000000 | 1001419 |
| Maryland Department of Housing & Community Development<br> Series A-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-44 | 1000000 | 1025179 |
| Maryland Economic Development Corp.<br> Morgan St. University Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-31 | 480000 | 525459 |
| Maryland Economic Development Corp.<br> Morgan St. University Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-32 | 500000 | 548840 |
| Maryland Economic Development Corp.<br> Morgan St. University Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-33 | 475000 | 516069 |
| Maryland Health & Higher Educational Facilities Authority<br> Broadmead Issue, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-43 | 1240000 | 1230169 |
| Maryland Stadium Authority<br> Built to Learn | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-27 | 845000 | 883476 |
| State of Maryland Department of Transportation<br> Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;10-01-33 | 4755000 | 4557102 |

---

14 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Massachusetts 2.7%** |  |  |  | **$35409136** |
| Commonwealth of Massachusetts<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-45 | 900000 | 931878 |
| Commonwealth of Massachusetts<br> Series E, GO | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-43 | 1985000 | 2033128 |
| Commonwealth of Massachusetts Transportation Fund Revenue<br> Rail Enhancement and Accelerated Bridge Programs, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-42 | 1185000 | 1192374 |
| Massachusetts Bay Transportation Authority Sales Tax Revenue<br> Series A-1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-36 | 2615000 | 2625633 |
| Massachusetts Development Finance Agency<br> Bentley University Issue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-38 | 1000000 | 1069712 |
| Massachusetts Development Finance Agency<br> Bentley University Issue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-39 | 1000000 | 1057531 |
| Massachusetts Development Finance Agency<br> Bentley University Issue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 1100000 | 1125807 |
| Massachusetts Development Finance Agency<br> Bentley University Issue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-44 | 1100000 | 1109278 |
| Massachusetts Development Finance Agency<br> Bentley University Issue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-50 | 4000000 | 3921802 |
| Massachusetts Development Finance Agency<br> Boston Medical Center, Series G | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-48 | 2000000 | 1914679 |
| Massachusetts Development Finance Agency<br> Brandeis University Issue, Series T-2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-55 | 1350000 | 1461884 |
| Massachusetts Development Finance Agency<br> Care Communities LLC Obligated Group, Series A-1 (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-15-35 | 1000000 | 1003826 |
| Massachusetts Development Finance Agency<br> Dana Farber Cancer Institute, Series N | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-41 | 2450000 | 2462053 |
| Massachusetts Development Finance Agency<br> Gingercare Living Issue, Series B-1 (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-30 | 1400000 | 1402525 |
| Massachusetts Development Finance Agency<br> Gingercare Living Issue, Series B-2 (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-29 | 850000 | 851812 |
| Massachusetts Development Finance Agency<br> Mass General Brigham, Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-54 | 865000 | 868491 |
| Massachusetts Development Finance Agency<br> Merrimack College | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-37 | 725000 | 747286 |
| Massachusetts Development Finance Agency<br> Merrimack College | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-52 | 1075000 | 1001116 |
| Massachusetts Development Finance Agency<br> NewBridge on the Charles, Inc. (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-37 | 2000000 | 2015428 |
| Massachusetts Development Finance Agency<br> Suffolk University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-32 | 570000 | 583363 |
| Massachusetts Development Finance Agency<br> Tufts Medicine, Series E | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;10-01-26 | 3000000 | 3005354 |
| Massachusetts Development Finance Agency<br> UMass Memorial Health Care, Series I | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-46 | 1150000 | 1102120 |
| Massachusetts Development Finance Agency<br> Worcester Polytechnic Institute | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-01-36 | 85000 | 75040 |
| Massachusetts Housing Finance Agency<br> Series A | &nbsp;&nbsp;3.800 | &nbsp;&nbsp;12-01-43 | 460000 | 402211 |
| Massachusetts Port Authority<br> BOSFuel Project, Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-39 | 1000000 | 1018195 |
| Massachusetts Port Authority<br> Series C, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-30 | 400000 | 426610 |
| **Michigan 2.1%** |  |  |  | **27887232** |
| City of Detroit, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-26 | 660000 | 667015 |
| City of Detroit, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-30 | 800000 | 861089 |
| City of Detroit, GO | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;04-01-32 | 295000 | 320883 |
| City of Detroit, GO | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;04-01-33 | 470000 | 508220 |
| City of Detroit, GO | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;04-01-34 | 325000 | 349433 |
| City of Detroit, GO | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;04-01-39 | 1290000 | 1345429 |
| City of Lansing<br> Series B, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-39 | 2250000 | 2158776 |
| Gerald R. Ford International Airport Authority, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-34 | 1185000 | 1300886 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 15

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Michigan (continued)** |  |  |  |  |
| Gerald R. Ford International Airport Authority, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-36 | 710000 | $763843 |
| Gerald R. Ford International Airport Authority, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-41 | 1600000 | 1631132 |
| Michigan Finance Authority<br> Henry Ford Health Utility Plant Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-29-36 | 1000000 | 1086479 |
| Michigan Finance Authority<br> Henry Ford Health Utility Plant Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-28-38 | 1000000 | 1062148 |
| Michigan Finance Authority<br> Lawrence Technological University | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-01-32 | 490000 | 481884 |
| Michigan Finance Authority<br> Lawrence Technological University | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-01-42 | 515000 | 423166 |
| Michigan Finance Authority<br> McLaren Healthcare, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-38 | 1200000 | 1200289 |
| Michigan Finance Authority<br> McLaren Healthcare, Series D-2 | &nbsp;&nbsp;1.200 | &nbsp;&nbsp;10-15-38 | 8300000 | 7882972 |
| Michigan Finance Authority<br> Series A-1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-49 | 1800000 | 1453928 |
| Michigan Mathematics & Science Initiative<br> Public School Academy | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-31 | 705000 | 686690 |
| Michigan State Hospital Finance Authority<br> Corewell Health, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-55 | 1200000 | 1304185 |
| State of Michigan Trunk Line Revenue<br> Rebuilding Michigan Program, Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-15-38 | 1385000 | 1353001 |
| Wayne County Airport Authority<br> Detroit Metropolitan Wayne County Airport, Series B, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-43 | 500000 | 524397 |
| Wayne County Airport Authority<br> Detroit Metropolitan Wayne County Airport, Series B, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-44 | 500000 | 521387 |
| **Minnesota 0.2%** |  |  |  | **2018052** |
| Duluth Economic Development Authority<br> St. Luke Hospital of Duluth, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-34 | 215000 | 220204 |
| Duluth Economic Development Authority<br> St. Luke Hospital of Duluth, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-36 | 590000 | 596691 |
| Duluth Economic Development Authority<br> St. Luke Hospital of Duluth, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-36 | 400000 | 404176 |
| Edina Independent School District No. 273<br> Series A, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-01-35 | 195000 | 186447 |
| Minnesota Housing Finance Agency<br> Series A | &nbsp;&nbsp;2.950 | &nbsp;&nbsp;02-01-46 | 701476 | 610534 |
| **Mississippi 0.6%** |  |  |  | **8267074** |
| City of Gulfport<br> Memorial Hospital at Gulfport Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-35 | 500000 | 539996 |
| City of Gulfport<br> Memorial Hospital at Gulfport Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-36 | 500000 | 544053 |
| City of Gulfport<br> Memorial Hospital at Gulfport Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-37 | 500000 | 539566 |
| City of Gulfport<br> Memorial Hospital at Gulfport Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-38 | 590000 | 629691 |
| City of Gulfport<br> Memorial Hospital at Gulfport Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-39 | 750000 | 793273 |
| County of Warren<br> International Paper Company Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-32 | 1000000 | 1015164 |
| Mississippi Business Finance Corp.<br> System Energy Resources, Inc. Project | &nbsp;&nbsp;2.375 | &nbsp;&nbsp;06-01-44 | 1580000 | 944172 |
| Mississippi Development Bank<br> Magnolia Regional Health Center Project (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-41 | 1000000 | 773686 |
| Mississippi State University Educational Building Corp.<br> New Residence Hall and Facilities Refinancing, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-41 | 1395000 | 1459849 |
| State of Mississippi Gaming Tax Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-15-36 | 1000000 | 1027624 |
| **Missouri 1.6%** |  |  |  | **20679473** |
| City of Kansas City Water Revenue<br> Series A | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;12-01-37 | 2790000 | 2564399 |

---

16 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Missouri (continued)** |  |  |  |  |
| Health & Educational Facilities Authority of the State of Missouri<br> Lutheran Senior Service Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-42 | 250000 | $242190 |
| Health & Educational Facilities Authority of the State of Missouri<br> Mercy Health | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-48 | 1000000 | 1034636 |
| I-470 Western Gateway Transportation Development District<br> Series A (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;12-01-29 | 1125000 | 1127957 |
| Lee's Summit Industrial Development Authority<br> John Knox Village Project, Series A | &nbsp;&nbsp;4.825 | &nbsp;&nbsp;08-15-47 | 1385000 | 1322400 |
| Lee's Summit Industrial Development Authority<br> John Knox Village Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-32 | 2125000 | 2143567 |
| Lee's Summit Industrial Development Authority<br> John Knox Village Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-36 | 100000 | 98544 |
| Lee's Summit Industrial Development Authority<br> John Knox Village Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-39 | 1000000 | 1005196 |
| Missouri Development Finance Board<br> Infrastructure Facilities Revenue (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-28 | 1250000 | 1334309 |
| Missouri Development Finance Board<br> St. Louis Zoo Projects | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-31 | 955000 | 1053890 |
| Missouri Development Finance Board<br> St. Louis Zoo Projects | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-32 | 1125000 | 1248207 |
| Missouri Joint Municipal Electric Utility Commission<br> MoPEP Facilities | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-28 | 750000 | 808259 |
| Missouri Joint Municipal Electric Utility Commission<br> MoPEP Facilities | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-31 | 1000000 | 1118330 |
| Missouri Joint Municipal Electric Utility Commission<br> MoPEP Facilities | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 500000 | 561261 |
| Missouri Joint Municipal Electric Utility Commission<br> MoPEP Facilities | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-34 | 735000 | 807540 |
| St. Louis County Industrial Development Authority<br> Manchester Ballas Community Improvement Disctrict Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-38 | 1720000 | 1657027 |
| Taney County Industrial Development Authority<br> Big Cedar Infrastructure Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-33 | 1000000 | 991749 |
| Waynesville R-VI School District<br> Certificates of Participation | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-15-34 | 370000 | 410853 |
| Waynesville R-VI School District<br> Certificates of Participation | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-15-36 | 550000 | 594082 |
| Waynesville R-VI School District<br> Certificates of Participation | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-15-37 | 520000 | 555077 |
| **Montana 0.3%** |  |  |  | **3447123** |
| City of Forsyth<br> NorthWestern Corp. Colstrip Project | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;07-01-28 | 3000000 | 3064976 |
| Montana Facility Finance Authority<br> Montana Children's Home and Hospital | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-50 | 550000 | 382147 |
| **Nebraska 0.9%** |  |  |  | **11887182** |
| Central Plains Energy Project<br> Subseries A-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-55 | 4250000 | 4536122 |
| Nebraska State Colleges<br> Student Fees & Facilities Revenue (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-48 | 850000 | 856451 |
| Omaha Airport Authority<br> Airport Facilities, AMT (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-15-43 | 1275000 | 1313829 |
| Omaha Public Power District<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-43 | 5000000 | 5180780 |
| **Nevada 0.9%** |  |  |  | **11771773** |
| County of Clark Department of Aviation<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-26 | 1000000 | 1018919 |
| Las Vegas Convention & Visitors Authority<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-37 | 700000 | 755924 |
| Las Vegas Convention & Visitors Authority<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-38 | 1350000 | 1440598 |
| Las Vegas Valley Water District<br> Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-39 | 2905000 | 2862554 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 17

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Nevada (continued)** |  |  |  |  |
| State of Nevada Department of Business & Industry<br> Brightline West Passenger Project, Series A, AMT (A) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;01-01-65 | 4250000 | $3905745 |
| Washoe County School District<br> School Improvement, Series A, GO (C) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-34 | 1900000 | 1788033 |
| **New Hampshire 1.0%** |  |  |  | **13106577** |
| New Hampshire Business Finance Authority<br> Lariat Phase 2 Project, GO (A)(D) | &nbsp;&nbsp;6.897 | &nbsp;&nbsp;12-15-32 | 2350000 | 1434825 |
| New Hampshire Business Finance Authority<br> Princeton Area Project (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-30 | 3209000 | 3240428 |
| New Hampshire Business Finance Authority<br> Series A (A) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;07-01-43 | 1500000 | 1200626 |
| New Hampshire Business Finance Authority<br> Silverado Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-28 | 2550000 | 2554764 |
| New Hampshire Business Finance Authority<br> Springpoint Senior Living | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-41 | 1000000 | 862162 |
| New Hampshire Health & Education Facilities Authority<br> Catholic Medical Center | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;07-01-34 | 245000 | 249317 |
| New Hampshire Health & Education Facilities Authority<br> Catholic Medical Center | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-37 | 50000 | 52242 |
| New Hampshire Health & Education Facilities Authority<br> Dartmouth Hitchcock Group, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-34 | 3405000 | 3512213 |
| **New Jersey 2.3%** |  |  |  | **30817080** |
| Casino Reinvestment Development Authority, Inc.<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-40 | 750000 | 784095 |
| Casino Reinvestment Development Authority, Inc.<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-41 | 500000 | 517172 |
| Casino Reinvestment Development Authority, Inc.<br> Series B (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-40 | 840000 | 878186 |
| Casino Reinvestment Development Authority, Inc.<br> Series B (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-41 | 860000 | 889537 |
| New Jersey Economic Development Authority<br> Repauno Port and Rail Terminal Project, AMT (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;01-01-35 | 3400000 | 3481201 |
| New Jersey Economic Development Authority<br> Series RRR | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-28 | 2265000 | 2403632 |
| New Jersey Economic Development Authority<br> Series SSS | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-15-36 | 955000 | 1056646 |
| New Jersey Economic Development Authority<br> Series SSS | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-15-37 | 1000000 | 1093773 |
| New Jersey Economic Development Authority<br> Series SSS | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-15-39 | 1000000 | 1070781 |
| New Jersey Educational Facilities Authority<br> Princeton University, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-64 | 4900000 | 5537888 |
| New Jersey Health Care Facilities Financing Authority<br> Princeton Healthcare System, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-39 | 2000000 | 2012053 |
| New Jersey Transportation Trust Fund Authority<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-35 | 2145000 | 2146222 |
| New Jersey Transportation Trust Fund Authority<br> Series A | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;06-15-40 | 1315000 | 1251096 |
| New Jersey Transportation Trust Fund Authority<br> Series AA | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-30 | 500000 | 553232 |
| New Jersey Transportation Trust Fund Authority<br> Series BB-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-29 | 1700000 | 1833579 |
| New Jersey Transportation Trust Fund Authority<br> Series C (C)(D) | &nbsp;&nbsp;3.320 | &nbsp;&nbsp;12-15-31 | 750000 | 608906 |
| State of New Jersey, GO | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;06-01-27 | 1135000 | 1121346 |
| State of New Jersey, GO | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;06-01-29 | 1550000 | 1492193 |
| Tobacco Settlement Financing Corp.<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-46 | 2170000 | 2085542 |
| **New Mexico 0.1%** |  |  |  | **1018503** |
| City of Albuquerque<br> Transportation Infrastructure | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-33 | 1000000 | 1018503 |

---

18 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **New York 4.8%** |  |  |  | **$63420319** |
| Albany County Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-15-26 | 600000 | 616114 |
| Build NYC Resource Corp.<br> Bay Ridge Preparatory School Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-39 | 1105000 | 1061789 |
| Build NYC Resource Corp.<br> KIPP NYC Public Charter Schools - Canal West Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-52 | 1000000 | 956692 |
| Build NYC Resource Corp.<br> KIPP NYC Public Charter Schools - Canal West Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-62 | 2000000 | 1872280 |
| Build NYC Resource Corp.<br> Seton Education Partners Brilla Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-41 | 250000 | 209273 |
| Build NYC Resource Corp.<br> Seton Education Partners Brilla Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-51 | 180000 | 135680 |
| Build NYC Resource Corp.<br> TrIPs Obligated Group, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-42 | 900000 | 931725 |
| Build NYC Resource Corp.<br> TrIPs Obligated Group, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-43 | 1000000 | 1028370 |
| City of New York<br> Fiscal 2021, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-37 | 1090000 | 1073321 |
| City of New York<br> Series F-1, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-50 | 1390000 | 1388437 |
| City of Yonkers<br> Series F, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-28 | 205000 | 222166 |
| City of Yonkers<br> Series F, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-30 | 80000 | 89665 |
| City of Yonkers<br> Series F, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-31 | 300000 | 339337 |
| City of Yonkers<br> Series F, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-32 | 250000 | 284859 |
| City of Yonkers<br> Series G, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-30 | 410000 | 459534 |
| City of Yonkers<br> Series G, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-31 | 10000 | 11311 |
| Dutchess County Local Development Corp.<br> Health Quest Systems, Inc., Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-41 | 2000000 | 1807146 |
| Dutchess County Local Development Corp.<br> Nuvance Health Issue, Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-44 | 1000000 | 863606 |
| Metropolitan Transportation Authority<br> Series A (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-15-46 | 1735000 | 1511687 |
| Metropolitan Transportation Authority<br> Series C-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-30 | 500000 | 512902 |
| Monroe County Industrial Development Corp.<br> St. John Fisher University Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-49 | 350000 | 357694 |
| New York City Industrial Development Agency<br> Yankee Stadium Project, Series A (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-01-45 | 950000 | 849097 |
| New York City Industrial Development Agency<br> Yankee Stadium Project, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-28 | 350000 | 370537 |
| New York City Municipal Water Finance Authority<br> Fiscal 2025, Series DD | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-35 | 1700000 | 1945730 |
| New York City Municipal Water Finance Authority<br> Series GG | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-50 | 2795000 | 2801940 |
| New York City Municipal Water Finance Authority<br> Subseries DD-3 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-41 | 1050000 | 979640 |
| New York City Transitional Finance Authority<br> Fiscal 2025, Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-36 | 1000000 | 1109625 |
| New York City Transitional Finance Authority<br> Future Tax Subordinated Bonds, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-38 | 500000 | 476030 |
| New York City Transitional Finance Authority<br> Future Tax Subordinated Bonds, Series C-1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-38 | 2960000 | 2863256 |
| New York Liberty Development Corp.<br> World Trade Center, Class 2-3 (A) | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;11-15-34 | 2500000 | 2501939 |
| New York State Dormitory Authority<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-15-37 | 2295000 | 2273068 |
| New York State Dormitory Authority<br> Series C (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-31 | 1195000 | 1348478 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 19

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **New York (continued)** |  |  |  |  |
| New York State Dormitory Authority<br> Series C (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-32 | 1255000 | $1426918 |
| New York State Dormitory Authority<br> Series C (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-35 | 1405000 | 1569207 |
| New York State Dormitory Authority<br> Series C (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-36 | 1335000 | 1469092 |
| New York State Dormitory Authority<br> Series D | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-15-39 | 2440000 | 2373215 |
| New York State Dormitory Authority<br> Series E | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-15-39 | 365000 | 354091 |
| New York State Dormitory Authority<br> White Plains Hospital Obligated Group (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-38 | 2075000 | 2188274 |
| New York State Environmental Facilities Corp.<br> Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-37 | 495000 | 500678 |
| New York State Urban Development Corp.<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-15-31 | 1745000 | 1920495 |
| New York Transportation Development Corp.<br> American Airlines, Inc., John F. Kennedy International Airport, AMT | &nbsp;&nbsp;2.250 | &nbsp;&nbsp;08-01-26 | 40000 | 39487 |
| New York Transportation Development Corp.<br> Delta Airlines, Inc., Laguardia Airport, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-36 | 2000000 | 1866976 |
| New York Transportation Development Corp.<br> John F. Kennedy International Airport Project, Terminal 4, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-25 | 1100000 | 1105123 |
| Onondaga Civic Development Corp.<br> Crouse Health Hospital, Inc. | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;08-01-54 | 995000 | 787721 |
| Onondaga Civic Development Corp.<br> Syracuse University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-39 | 1000000 | 1088789 |
| Onondaga Civic Development Corp.<br> Syracuse University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-40 | 1000000 | 1078387 |
| Onondaga Civic Development Corp.<br> Syracuse University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-41 | 900000 | 959692 |
| Onondaga Civic Development Corp.<br> Syracuse University Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-42 | 1000000 | 1074074 |
| Port Authority of New York & New Jersey<br> 194th Series | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;10-15-55 | 3000000 | 3004711 |
| Port Authority of New York & New Jersey<br> Series 248 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-45 | 1350000 | 1389570 |
| Riverhead Industrial Development Agency<br> Riverhead Charter School Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-30 | 1170000 | 1188396 |
| Riverhead Industrial Development Agency<br> Riverhead Charter School Project | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;08-01-35 | 970000 | 977252 |
| Schenectady County Capital Resource Corp.<br> Union College Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-32 | 100000 | 113301 |
| Suffolk Regional Off-Track Betting Company | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-01-44 | 500000 | 500011 |
| Suffolk Tobacco Asset Securitization Corp.<br> New York Tobacco Settlement Asset Backed Subordinated, Series B-1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-50 | 375000 | 326692 |
| Troy Capital Resource Corp.<br> Rensselaer Polytechnic Institute, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-30 | 1365000 | 1489354 |
| Troy Capital Resource Corp.<br> Rensselaer Polytechnic Institute, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-39 | 1350000 | 1375885 |
| **North Carolina 0.5%** |  |  |  | **5980801** |
| City of Charlotte<br> Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-36 | 1545000 | 1713219 |
| City of Charlotte Airport Revenue<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-51 | 5000 | 4334 |
| Greater Asheville Regional Airport Authority<br> North Carolina Airport System Revenue, AMT (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-35 | 900000 | 957020 |
| Greater Asheville Regional Airport Authority<br> North Carolina Airport System Revenue, AMT (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-40 | 980000 | 1018271 |
| North Carolina Capital Facilities Finance Agency<br> High Point University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-31 | 20000 | 21680 |
| North Carolina Medical Care Commission<br> Every Age, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-44 | 1260000 | 1190992 |

---

20 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **North Carolina (continued)** |  |  |  |  |
| North Carolina Medical Care Commission<br> Penick Village Project, Series B-1 | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;09-01-29 | 410000 | $410104 |
| North Carolina Medical Care Commission<br> Presbyterian Homes, Series C | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-31 | 115000 | 115102 |
| State of North Carolina<br> Series C | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-01-28 | 550000 | 550079 |
| **North Dakota 0.2%** |  |  |  | **3193693** |
| Cass County Joint Water Resource District<br> Series A, GO | &nbsp;&nbsp;3.450 | &nbsp;&nbsp;04-01-27 | 1625000 | 1626898 |
| City of Bismarck<br> Series T, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-01-35 | 315000 | 297171 |
| City of Bismarck<br> Series T, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-01-36 | 330000 | 305719 |
| City of Grand Forks<br> Altru Health System, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-39 | 675000 | 697819 |
| City of Grand Forks<br> Altru Health System, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-43 | 265000 | 266086 |
| **Ohio 1.5%** |  |  |  | **19760701** |
| City of Cleveland<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-47 | 1000000 | 1014623 |
| Cleveland-Cuyahoga County Port Authority<br> Cleveland Museum of Natural History | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-51 | 905000 | 721447 |
| Columbus Metropolitan Housing Authority<br> Waldren Woods Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-34 | 495000 | 486355 |
| County of Hamilton<br> Life Enriching Communities Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-46 | 770000 | 722826 |
| County of Hamilton<br> Life Enriching Communities Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-01-38 | 500000 | 519671 |
| County of Hamilton<br> Life Enriching Communities Project, Series A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;01-01-43 | 500000 | 509055 |
| County of Hamilton<br> TriHealth, Inc. Obligation Group Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-42 | 3970000 | 3914603 |
| County of Lucas<br> Promedica Healthcare, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-15-48 | 515000 | 492205 |
| County of Montgomery<br> Solvita Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-37 | 1020000 | 1079024 |
| County of Montgomery<br> Solvita Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-39 | 1050000 | 1088069 |
| County of Montgomery<br> Solvita Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-40 | 360000 | 376055 |
| County of Montgomery<br> Solvita Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-42 | 360000 | 369878 |
| County of Montgomery<br> Solvita Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-43 | 400000 | 408985 |
| County of Warren<br> Community First Solutions Obligated Group, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-44 | 500000 | 480422 |
| Jefferson County Port Authority<br> JSW Steel Project, AMT (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-53 | 3550000 | 3557281 |
| Northeast Ohio Regional Sewer District | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;11-15-34 | 2070000 | 1927030 |
| Ohio Air Quality Development Authority<br> Duke Energy Corp. Project, AMT | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;11-01-39 | 1000000 | 1018546 |
| Ohio Air Quality Development Authority<br> Duke Energy Corp. Project, Series 2022-B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-30 | 1055000 | 1074626 |
| **Oklahoma 1.0%** |  |  |  | **13531333** |
| Blaine County Educational Facilities Authority<br> Watonga Public Schools Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-30 | 800000 | 862518 |
| Kay County Public Buildings Authority<br> Ponca City Public Schools Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-27 | 2000000 | 2081115 |
| McClain County Economic Development Authority<br> Washington Public Schools Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-34 | 1810000 | 1839441 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 21

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Oklahoma (continued)** |  |  |  |  |
| Oklahoma Development Finance Authority<br> OU Medicine Project, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-38 | 2150000 | $2160915 |
| Oklahoma Turnpike Authority<br> Series B (F) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-37 | 1000000 | 1112781 |
| Stephens County Educational Facilities Authority<br> Marlow Public Schools Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-27 | 500000 | 520872 |
| Tulsa Authority for Economic Opportunity<br> Vast Bank Project (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-43 | 1005000 | 834250 |
| Tulsa County Industrial Authority<br> Montereau, Inc. Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-15-37 | 1000000 | 1002627 |
| Tulsa County Industrial Authority<br> Montereau, Inc. Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-15-45 | 490000 | 466702 |
| Tulsa Municipal Airport Trust<br> American Airlines, Inc. Project, AMT | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;12-01-35 | 2400000 | 2650112 |
| **Oregon 0.8%** |  |  |  | **10026584** |
| Astoria Hospital Facilities Authority<br> Columbia Memorial Hospital Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-49 | 1035000 | 991848 |
| City of Forest Grove<br> Pacific University, Series 2022-A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-34 | 1215000 | 1163347 |
| Oregon State Facilities Authority<br> Redmond Proficiency Academy Project, Series A (A) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;06-15-35 | 265000 | 264330 |
| Oregon State Facilities Authority<br> Redmond Proficiency Academy Project, Series A (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-15-45 | 475000 | 457871 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-27 | 305000 | 314135 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-29 | 335000 | 350928 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-31 | 350000 | 366002 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 365000 | 379010 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-33 | 405000 | 418249 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-34 | 325000 | 331877 |
| Oregon State Facilities Authority<br> Southern Oregon Goodwill Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-35 | 450000 | 453237 |
| Port of Portland Airport Revenue<br> Series 28, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-35 | 1690000 | 1676763 |
| Salem Hospital Facility Authority<br> Capital Manor Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-53 | 190000 | 167239 |
| Salem-Keizer School District No. 24J, GO (D) | &nbsp;&nbsp;3.137 | &nbsp;&nbsp;06-15-29 | 1105000 | 981292 |
| Union County Hospital Facility Authority<br> Grande Ronde Hospital Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-28 | 30000 | 31358 |
| Union County Hospital Facility Authority<br> Grande Ronde Hospital Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-29 | 185000 | 195437 |
| Union County Hospital Facility Authority<br> Grande Ronde Hospital Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-40 | 1000000 | 993077 |
| Union County Hospital Facility Authority<br> Grande Ronde Hospital Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 505000 | 490584 |
| **Pennsylvania 4.8%** |  |  |  | **63138504** |
| Allegheny County Airport Authority<br> Pittsburgh International Airport, AMT (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-01-44 | 4250000 | 4340417 |
| Allegheny County Airport Authority<br> Pittsburgh International Airport, AMT (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-01-45 | 3995000 | 4065635 |
| Allegheny County Higher Education Building Authority<br> Duquesne University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-43 | 2100000 | 2131238 |
| Allegheny County Higher Education Building Authority<br> Duquesne University, Series 2022-A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-34 | 640000 | 703202 |
| Allentown Commercial and Industrial Development Authority<br> Lincoln Leadership Academy Charter School Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-33 | 2855000 | 2927140 |

---

22 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Pennsylvania (continued)** |  |  |  |  |
| Berks County Municipal Authority<br> Tower Health Project, Series A-3 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-30-39 | 518000 | $463565 |
| Berks County Municipal Authority<br> Tower Health Project, Series A-4 | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;06-30-39 | 3500000 | 3093018 |
| Berks County Municipal Authority<br> Tower Health Project, Series B-2 (0.000% to 11-15-29, then 8.000% thereafter) | &nbsp;&nbsp;0.000 | &nbsp;&nbsp;06-30-44 | 2000000 | 1119617 |
| Chester County Industrial Development Authority<br> Avon Grove Charter School | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-27 | 1000000 | 1013722 |
| Chester County Industrial Development Authority<br> Longwood Gardens Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-49 | 1220000 | 1044587 |
| City of Philadelphia<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-34 | 2010000 | 2189345 |
| City of Philadelphia<br> Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-39 | 850000 | 908785 |
| City of Philadelphia<br> Series A, GO | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-43 | 1250000 | 1319442 |
| City of Philadelphia Airport Revenue<br> Private Activity, AMT (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-46 | 440000 | 375000 |
| City of Philadelphia Airport Revenue<br> Private Activity, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-31 | 500000 | 544688 |
| Delaware County Authority<br> Cabrini University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 200000 | 208053 |
| Delaware River Port Authority<br> Pennsylvania and New Jersey Port District Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-27 | 1050000 | 1084845 |
| Doylestown Hospital Authority (A) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;07-01-39 | 1500000 | 1585342 |
| Lancaster County Hospital Authority<br> Brethren Village Project | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;07-01-37 | 665000 | 643860 |
| Lancaster County Hospital Authority<br> Brethren Village Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-41 | 1410000 | 1313102 |
| Lancaster County Hospital Authority<br> Landis Homes Retirement Community Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-45 | 300000 | 272721 |
| Lancaster County Hospital Authority<br> Masonic Villages Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-30 | 2485000 | 2666339 |
| Lancaster County Hospital Authority<br> Masonic Villages Project | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;11-01-38 | 1045000 | 1095575 |
| Lancaster Municipal Authority<br> Luthercare Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-45 | 700000 | 665789 |
| Montgomery County Industrial Development Authority<br> Acts Retirement-Life Communities, Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-45 | 2415000 | 2312108 |
| Pennsylvania Economic Development Financing Authority<br> Energy Supply LLC Project, Series B | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-38 | 450000 | 452383 |
| Pennsylvania Economic Development Financing Authority<br> Energy Supply LLC Project, Series C | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-37 | 1000000 | 1006698 |
| Pennsylvania Economic Development Financing Authority<br> Presbyterian Senior Living Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-38 | 2500000 | 2552822 |
| Pennsylvania Higher Educational Facilities Authority<br> Thomas Jefferson University, Series B-1 | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-43 | 1855000 | 1910545 |
| Pennsylvania Higher Educational Facilities Authority<br> Thomas Jefferson University, Series B-2 (C) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;11-01-54 | 930000 | 817782 |
| Pennsylvania Turnpike Commission<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-44 | 1000000 | 994756 |
| Pennsylvania Turnpike Commission<br> Series A-2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-43 | 1075000 | 1087429 |
| Pennsylvania Turnpike Commission<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-29 | 250000 | 276151 |
| Pennsylvania Turnpike Commission<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-30 | 250000 | 279969 |
| Pennsylvania Turnpike Commission<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-31 | 250000 | 282767 |
| Pennsylvania Turnpike Commission<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 250000 | 283737 |
| Pennsylvania Turnpike Commission<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-33 | 250000 | 279875 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 23

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Pennsylvania (continued)** |  |  |  |  |
| Philadelphia Authority for Industrial Development<br> Holy Family University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-27 | 1225000 | $1265869 |
| Philadelphia Authority for Industrial Development<br> Holy Family University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-28 | 645000 | 673751 |
| Philadelphia Authority for Industrial Development<br> Holy Family University Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-29 | 1135000 | 1196423 |
| Philadelphia Authority for Industrial Development<br> Philadelphia E&T Charter High School, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-31 | 180000 | 177077 |
| Philadelphia Authority For Industrial Development<br> Holy Family University Project | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;09-01-45 | 810000 | 777245 |
| Pittsburgh Water & Sewer Authority<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-43 | 1530000 | 1574238 |
| Sports & Exhibition Authority of Pittsburgh and Allegheny County<br> Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-34 | 1895000 | 2076363 |
| Sports & Exhibition Authority of Pittsburgh and Allegheny County<br> Series B (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-28 | 1530000 | 1612652 |
| Swarthmore Borough Authority<br> Swarthmore College, Series A-2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-15-55 | 4900000 | 5472837 |
| **Puerto Rico 1.1%** |  |  |  | **14987605** |
| Puerto Rico Commonwealth<br> CW Guarantee Bond Claims, GO (D) | &nbsp;&nbsp;2.560 | &nbsp;&nbsp;11-01-43 | 8982646 | 5636610 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-1 (D) | &nbsp;&nbsp;3.776 | &nbsp;&nbsp;07-01-31 | 2989000 | 2400444 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-1 | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;07-01-34 | 2000000 | 1999872 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-1 (D) | &nbsp;&nbsp;5.739 | &nbsp;&nbsp;07-01-51 | 1400000 | 324329 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-2 | &nbsp;&nbsp;4.329 | &nbsp;&nbsp;07-01-40 | 1736000 | 1606269 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-2 | &nbsp;&nbsp;4.329 | &nbsp;&nbsp;07-01-40 | 3264000 | 3020081 |
| **Rhode Island 0.3%** |  |  |  | **3888153** |
| Providence Public Building Authority<br> Capital Improvement Program, Series A (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-15-43 | 1000000 | 1038909 |
| Rhode Island Health and Educational Building Corp.<br> Town of Coventry Issue, Series E (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-40 | 350000 | 362435 |
| Rhode Island Health and Educational Building Corp.<br> University of Rhode Island | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-15-40 | 95000 | 90387 |
| Rhode Island Health and Educational Building Corp.<br> University of Rhode Island | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;09-15-43 | 85000 | 78613 |
| Rhode Island Health and Educational Building Corp.<br> University of Rhode Island | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-15-41 | 1095000 | 1131669 |
| Tobacco Settlement Financing Corp.<br> Series B | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;06-01-45 | 1230000 | 1186140 |
| **South Carolina 1.9%** |  |  |  | **25357633** |
| Charleston County Airport District<br> Series A, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-44 | 1250000 | 1273661 |
| City of Myrtle Beach<br> Water & Sewer Revenue, Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-45 | 680000 | 694770 |
| Fort Mill Public Facilities Corp.<br> Town of Fort Mill Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-42 | 750000 | 690512 |
| Greenville-Spartanburg Airport District<br> Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-54 | 1150000 | 1173579 |
| Patriots Energy Group Financing Agency<br> Series A-1 | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;10-01-54 | 3000000 | 3196165 |
| Scago Public Facilities Corp for Georgetown County<br> Georgetown County Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-40 | 1000000 | 1047578 |
| South Carolina Jobs-Economic Development Authority<br> Beaufort Memorial Hospital & South of Broad Healthcare Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-15-39 | 800000 | 821735 |
| South Carolina Jobs-Economic Development Authority<br> Beaufort Memorial Hospital & South of Broad Healthcare Project | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;11-15-44 | 1000000 | 978054 |

---

24 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **South Carolina (continued)** |  |  |  |  |
| South Carolina Jobs-Economic Development Authority<br> Charleston Southern University, Series C | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;09-01-45 | 1100000 | $1077223 |
| South Carolina Jobs-Economic Development Authority<br> Charleston Southern University, Series C | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;09-01-50 | 1125000 | 1092253 |
| South Carolina Jobs-Economic Development Authority<br> Episcopal Home at Still Hopes, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-27 | 1555000 | 1577291 |
| South Carolina Jobs-Economic Development Authority<br> Episcopal Home at Still Hopes, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-30 | 1945000 | 1972303 |
| South Carolina Jobs-Economic Development Authority<br> Episcopal Home at Still Hopes, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-33 | 125000 | 125887 |
| South Carolina Jobs-Economic Development Authority<br> Last Step Recycling Project, Series A, AMT (A)(E) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;06-01-40 | 1000000 | 110000 |
| South Carolina Jobs-Economic Development Authority<br> Last Step Recycling Project, Series A, AMT (A)(E) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-01-51 | 4000000 | 440000 |
| South Carolina Jobs-Economic Development Authority<br> Novant Health Obligated Group, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-40 | 2500000 | 2651254 |
| South Carolina Jobs-Economic Development Authority<br> Ocean Collegiate Academy Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-34 | 1350000 | 1393190 |
| South Carolina Jobs-Economic Development Authority<br> Ocean Collegiate Academy Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-44 | 2500000 | 2271434 |
| South Carolina Transportation Infrastructure Bank<br> Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;10-01-33 | 1650000 | 1587453 |
| Town of Summerville<br> Limited Obligation Tax Increment | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-31 | 265000 | 297876 |
| Town of Summerville<br> Limited Obligation Tax Increment | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-32 | 220000 | 247833 |
| Town of Summerville<br> Limited Obligation Tax Increment | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-33 | 570000 | 637582 |
| **Tennessee 1.8%** |  |  |  | **24207328** |
| Chattanooga Health Educational & Housing Facility Board<br> Erlanger Health System (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-34 | 500000 | 551026 |
| City of Knoxville, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-01-35 | 1200000 | 1130794 |
| City of Lenoir<br> Electric System Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-36 | 500000 | 496909 |
| City of Lenoir<br> Electric System Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-37 | 500000 | 492212 |
| Hamilton County & Chattanooga Sports Authority<br> Stadium Project, Series A | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-01-50 | 1800000 | 1949127 |
| Hamilton County & Chattanooga Sports Authority<br> Stadium Project, Series A | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;12-01-55 | 765000 | 841646 |
| Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board<br> Belmont University | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-37 | 1620000 | 1612558 |
| Metropolitan Government Nashville & Davidson County Sports Authority<br> Stadium Project, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-37 | 1000000 | 1078974 |
| Metropolitan Government Nashville & Davidson County Sports Authority<br> Stadium Project, Series A (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-40 | 2000000 | 2095288 |
| Metropolitan Government Nashville & Davidson County Sports Authority<br> Stadium Project, Series A (C) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-53 | 1000000 | 1014620 |
| Metropolitan Government of Nashville & Davidson County<br> Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-45 | 3635000 | 3264596 |
| Metropolitan Nashville Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-30 | 1605000 | 1748340 |
| Metropolitan Nashville Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-31 | 1600000 | 1750996 |
| Metropolitan Nashville Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-32 | 850000 | 947227 |
| Metropolitan Nashville Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-33 | 900000 | 994391 |
| Tennessee Energy Acquisition Corp.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-35 | 4000000 | 4238624 |
| **Texas 8.6%** |  |  |  | **114462180** |
| Alief Independent School District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-15-42 | 1000000 | 931625 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 25

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Texas (continued)** |  |  |  |  |
| Arlington Higher Education Finance Corp.<br> Kipp Texas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-37 | 120000 | $117557 |
| Arlington Higher Education Finance Corp.<br> Leadership Prep School | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;06-15-59 | 1000000 | 868974 |
| Arlington Higher Education Finance Corp.<br> Trinity Basin Preparatory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-28 | 150000 | 159876 |
| Arlington Higher Education Finance Corp.<br> Trinity Basin Preparatory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-29 | 130000 | 140998 |
| Arlington Higher Education Finance Corp.<br> Trinity Basin Preparatory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-30 | 100000 | 110053 |
| Arlington Higher Education Finance Corp.<br> Trinity Basin Preparatory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-31 | 120000 | 133345 |
| Arlington Higher Education Finance Corp.<br> Trinity Basin Preparatory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-32 | 120000 | 132551 |
| Arlington Higher Education Finance Corp.<br> Trinity Basin Preparatory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-48 | 1000000 | 1012535 |
| Brazoria County Industrial Development Corp.<br> Aleon Renewable Metals LLC Project, AMT (A) | &nbsp;&nbsp;12.000 | &nbsp;&nbsp;06-01-43 | 1781000 | 445250 |
| Cedar Port Navigation & Improvement District<br> District No. 1, GO | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-45 | 325000 | 271448 |
| City of Arlington<br> Water & Wastewater System Revenue | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-35 | 370000 | 346813 |
| City of Denton, GO | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-15-43 | 1425000 | 1428778 |
| City of Georgetown<br> Utility System Revenue (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-15-53 | 1525000 | 1554850 |
| City of Houston Airport System Revenue<br> Series A, AMT | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-47 | 1070000 | 896392 |
| City of Houston Airport System Revenue<br> United Airlines, Inc. Terminal Project, Series B, AMT | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-15-33 | 7750000 | 8162159 |
| City of Houston Airport System Revenue<br> United Airlines, Inc. Terminal Project, Series B, AMT | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-15-34 | 1250000 | 1309899 |
| City of Houston Airport System Revenue<br> United Airlines, Inc. Terminal Project, Series B, AMT | &nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-15-38 | 2500000 | 2609161 |
| City of Houston Airport System Revenue<br> United Airlines, Inc. Terminal Project, Series C, AMT | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-28 | 4400000 | 4491144 |
| City of Pearland<br> Series C, GO | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-44 | 850000 | 866258 |
| City of San Antonio Electric & Gas Systems Revenue<br> Series A | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-44 | 3800000 | 3838906 |
| City of San Antonio, GO | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-35 | 1350000 | 1231738 |
| City of Temple<br> CTFS Obligated, Series B, GO | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-47 | 2770000 | 2411971 |
| Clifton Higher Education Finance Corp.<br> Idea Public Shools, Series T | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-42 | 780000 | 709081 |
| Clifton Higher Education Finance Corp.<br> International Leadership of Texas, Series A | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-38 | 900000 | 942920 |
| Comal County Water Control & Improvement District No. 6<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.375 | &nbsp;&nbsp;03-01-32 | 1480000 | 1514868 |
| Dallas Independent School District<br> Series A-6, GO | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-15-55 | 3395000 | 3726184 |
| Decatur Hospital Authority<br> Wise Health System, Series B | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-26 | 100000 | 102180 |
| El Paso County Hospital District, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-15-40 | 1150000 | 1207284 |
| El Paso County Hospital District, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;02-15-43 | 2000000 | 2081150 |
| Fort Bend County Municipal Utility<br> District No. 50, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.125 | &nbsp;&nbsp;09-01-52 | 420000 | 354235 |
| Gulf Coast Authority<br> Series B | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-32 | 450000 | 505339 |
| Gulf Coast Authority<br> Series B | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-33 | 520000 | 584102 |
| Gulf Coast Industrial Development Authority<br> CITGO Petroleum Corp. Project, AMT | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;04-01-28 | 2030000 | 2032810 |

---

26 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Texas (continued)** |  |  |  |  |
| Harris County Municipal Utility District No. 171<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-32 | 1700000 | $1622580 |
| Harris County Municipal Utility District No. 171<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-34 | 1950000 | 1799454 |
| Harris County Municipal Utility District No. 171<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-36 | 1945000 | 1699121 |
| Harris County Municipal Utility District No. 171<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-38 | 1940000 | 1601519 |
| Harris County Municipal Utility District No. 202, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-15-35 | 1000000 | 926435 |
| Harris County Municipal Utility District No. 202, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-15-37 | 1115000 | 981682 |
| Harris County Municipal Utility District No. 24, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;03-01-32 | 1000000 | 981455 |
| Harris County Municipal Utility District No. 24, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;03-01-34 | 1000000 | 955887 |
| Harris County Municipal Utility District No. 489<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-01-33 | 1490000 | 1410064 |
| Harris County Municipal Utility District No. 489<br> Series A, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-01-35 | 1375000 | 1254850 |
| Harris County Municipal Utility District No. 489, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-01-33 | 930000 | 880107 |
| Harris County Municipal Utility District No. 489, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-01-35 | 1130000 | 1031259 |
| Harris County Municipal Utility District No. 489, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-30 | 600000 | 618362 |
| Harris County Municipal Utility District No. 489, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.125 | &nbsp;&nbsp;09-01-31 | 740000 | 761546 |
| Harris County Municipal Utility District No. 489, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;09-01-32 | 730000 | 750632 |
| Harrisburg Redevelopment Authority (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-31 | 300000 | 327561 |
| Harrisburg Redevelopment Authority (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-32 | 250000 | 273702 |
| Harrisburg Redevelopment Authority (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-33 | 300000 | 329150 |
| Harrisburg Redevelopment Authority (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-36 | 550000 | 590745 |
| Highway 380 Municipal Management District No. 1, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-01-37 | 1105000 | 959322 |
| Lake Houston Redevelopment Authority<br> Tax Increment Contract Revenue | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-33 | 170000 | 164959 |
| Lower Colorado River Authority<br> LCRA Transmission Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-44 | 1000000 | 989931 |
| Lower Colorado River Authority<br> LCRA Transmission Services Corp., Series A | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-48 | 1000000 | 1022588 |
| Matagorda County Navigation District No. 1<br> AEP Texas Central Company Project, Series B-2 | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-30 | 1125000 | 1125454 |
| New Hope Cultural Education Facilities Finance Corp.<br> Bella Vida Facility Living Project, Series B-1 | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;10-01-30 | 1750000 | 1756136 |
| New Hope Cultural Education Facilities Finance Corp.<br> Sanctuary LTC Project, Series A-1 | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-32 | 5000000 | 5066624 |
| Newark Higher Education Finance Corp.<br> Village Tech Schools, Series A | &nbsp;&nbsp;&nbsp;&nbsp;4.375 | &nbsp;&nbsp;08-15-29 | 1730000 | 1729912 |
| Northlake Municipal Management District No. 2, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-32 | 120000 | 127434 |
| Northlake Municipal Management District No. 2, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-33 | 100000 | 105616 |
| Northlake Municipal Management District No. 2, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-35 | 725000 | 757538 |
| Northlake Municipal Management District No. 2, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;03-01-27 | 25000 | 26402 |
| Northwest Harris County Municipal Utility District No. 5, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-32 | 1060000 | 1074106 |
| Northwest Harris County Municipal Utility District No. 5, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-33 | 760000 | 766305 |
| Northwest Harris County Municipal Utility District No. 5, GO (C) | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-34 | 1060000 | 1063435 |
| Port Authority of Houston<br> Series A, AMT, GO | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-32 | 1750000 | 1820491 |
| Port of Beaumont Industrial Development Authority<br> Jefferson Gulf Coast Energy Project, Series B (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.100 | &nbsp;&nbsp;01-01-28 | 750000 | 670236 |
| Port of Beaumont Navigation District<br> Jefferson Gulf Coast Energy Project, Series A, AMT (A) | &nbsp;&nbsp;&nbsp;&nbsp;2.875 | &nbsp;&nbsp;01-01-41 | 2200000 | 1498526 |
| Port of Beaumont Navigation District<br> Jefferson Gulf Coast Energy Project, Series A, AMT (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.625 | &nbsp;&nbsp;01-01-35 | 2200000 | 1964569 |
| Port of Beaumont Navigation District<br> Jefferson Gulf Coast Energy Project, Series A, AMT (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-39 | 750000 | 704099 |
| Port of Beaumont Navigation District<br> Jefferson Gulf Coast Energy Project, Series B (A) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;07-01-26 | 2000000 | 2011800 |
| Prosper Independent School District, GO | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-15-52 | 25000 | 21402 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 27

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Texas (continued)** |  |  |  |  |
| Sunfield Municipal Utility<br> District No. 4, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-34 | 1460000 | $1466035 |
| Sunfield Municipal Utility<br> District No. 4, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-48 | 700000 | 582939 |
| Tarrant County Cultural Education Facilities Finance Corp.<br> Baylor Scott & White Health Project, Series F | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-52 | 3000000 | 3261602 |
| Tarrant County Housing Finance Corp.<br> The Meridian Apartments, Series A | &nbsp;&nbsp;4.600 | &nbsp;&nbsp;03-01-43 | 3500000 | 3380863 |
| Texas A&M University<br> Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-15-39 | 2395000 | 2039886 |
| Texas Department of Housing & Community Affairs<br> Series A | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;09-01-44 | 900000 | 762320 |
| Texas Municipal Gas Acquisition & Supply Corp. V | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-55 | 2500000 | 2659611 |
| Texas Water Development Board<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-43 | 900000 | 826789 |
| Texas Water Development Board<br> Series A | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;10-15-48 | 5000000 | 5044426 |
| Texas Water Development Board<br> State Water Implementation Fund | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;10-15-34 | 1575000 | 1488460 |
| Texas Water Development Board<br> Water Implementation Reserve Fund | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;10-15-42 | 500000 | 507298 |
| Viridian Municipal Management District<br> Texas Utility Improvement, GO (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-30 | 965000 | 986521 |
| **Utah 0.9%** |  |  |  | **11365756** |
| Alpine School District<br> Series B, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;03-15-34 | 1710000 | 1632409 |
| City of Salt Lake City Airport Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-36 | 2000000 | 2076744 |
| Intermountain Power Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-41 | 1000000 | 1025215 |
| Salt Lake City Airport Revenue<br> Series A, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-36 | 1700000 | 1836940 |
| Utah Infrastructure Agency<br> Pleasant Grove City Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-44 | 1000000 | 883121 |
| Utah Infrastructure Agency<br> Telecommunication Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-27 | 1120000 | 1133989 |
| Utah Infrastructure Agency<br> Telecommunication Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-30 | 400000 | 404419 |
| Utah Infrastructure Agency<br> Telecommunication Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-33 | 1185000 | 1180545 |
| Utah Infrastructure Agency<br> Telecommunication Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-35 | 250000 | 240376 |
| Utah Telecommunication Open Infrastructure Agency<br> Sales Tax and Telecommunications Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-28 | 100000 | 106669 |
| Utah Telecommunication Open Infrastructure Agency<br> Sales Tax and Telecommunications Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-29 | 100000 | 108800 |
| Utah Telecommunication Open Infrastructure Agency<br> Sales Tax and Telecommunications Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-30 | 100000 | 110491 |
| Utah Telecommunication Open Infrastructure Agency<br> Sales Tax and Telecommunications Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-31 | 100000 | 111597 |
| Utah Telecommunication Open Infrastructure Agency<br> Sales Tax and Telecommunications Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-32 | 30000 | 33730 |
| Wood Ranch Public Infrastructure District<br> Assessment Area No. 1 (A) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;12-01-53 | 500000 | 480711 |
| **Vermont 0.2%** |  |  |  | **2376870** |
| City of Burlington<br> Airport Revenue, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-27 | 475000 | 491604 |
| City of Burlington<br> Airport Revenue, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-28 | 540000 | 568035 |
| Vermont Economic Development Authority<br> Casella Waste System, Inc. Project, Series A-2, AMT (A) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;06-01-52 | 1350000 | 1317231 |

---

28 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Virgin Islands 0.6%** |  |  |  | **$8380839** |
| Matching Fund Special Purpose Securitization Corp.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-28 | 3495000 | 3586819 |
| Matching Fund Special Purpose Securitization Corp.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-30 | 4650000 | 4794020 |
| **Virginia 2.1%** |  |  |  | **28020914** |
| Arlington County Industrial Development Authority<br> VHC Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-53 | 1000000 | 1088245 |
| Arlington County Industrial Development Authority<br> Virginia Hospital Center | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-38 | 1000000 | 985394 |
| Chesapeake Economic Development Authority<br> Virginia Electric & Power Company Project, Series A | &nbsp;&nbsp;3.650 | &nbsp;&nbsp;02-01-32 | 1075000 | 1093602 |
| City of Richmond Public Utility Revenue<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-15-38 | 1775000 | 1777626 |
| County of Arlington, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-36 | 2400000 | 2629731 |
| County of Fairfax<br> Series A, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-33 | 1525000 | 1543320 |
| Loudoun County Economic Development Authority<br> Loudoun County Public Facilities Project, Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-36 | 3300000 | 2926526 |
| Louisa Industrial Development Authority<br> Virginia Electric & Power Company Project, Series A | &nbsp;&nbsp;3.650 | &nbsp;&nbsp;11-01-35 | 1000000 | 1017305 |
| Newport News Economic Development Authority<br> LifeSpire of Virginia Obligated Group | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-31 | 2000000 | 2004648 |
| Virginia Beach Development Authority<br> Westminster-Canterbury on Chesapeake Bay, Series B-1 | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;09-01-30 | 3600000 | 3635532 |
| Virginia College Building Authority<br> Higher Education Financing, Series C | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-01-34 | 20000 | 18798 |
| Virginia College Building Authority<br> Regent University Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-46 | 3500000 | 2903957 |
| Virginia Commonwealth Transportation Board<br> Capital Projects | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-37 | 650000 | 660596 |
| Virginia Small Business Financing Authority<br> 95 Express Lanes LLC Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-39 | 140000 | 129211 |
| Virginia Small Business Financing Authority<br> 95 Express Lanes LLC Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-40 | 840000 | 762098 |
| Virginia Small Business Financing Authority<br> Elizabeth River Crossings OpCo LLC Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-36 | 3000000 | 2936633 |
| Virginia Small Business Financing Authority<br> Elizabeth River Crossings OpCo LLC Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-40 | 45000 | 40870 |
| Virginia Small Business Financing Authority<br> LifeSpire of Virginia Obligated Group | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-41 | 1000000 | 890210 |
| York County Economic Development Authority<br> Virginia Electric & Power Company Project, Series A | &nbsp;&nbsp;3.650 | &nbsp;&nbsp;05-01-33 | 960000 | 976612 |
| **Washington 2.0%** |  |  |  | **26292703** |
| City of Seattle<br> Municipal Light & Power Revenue, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-38 | 705000 | 704074 |
| County of King<br> Sewer Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-49 | 1950000 | 1951660 |
| King County Public Hospital District No. 2, GO | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-45 | 1000000 | 1026993 |
| Klickitat County Public Utility District No. 1<br> Electric Revenue Refunding (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 200000 | 222734 |
| Metropolitan Washington Airports Authority Aviation Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-30 | 9400000 | 10272324 |
| Port of Seattle<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-41 | 1570000 | 1586074 |
| Skagit County Public Hospital District No. 1<br> Skagit Regional Health | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-38 | 300000 | 317120 |
| Skagit County Public Hospital District No. 1<br> Skagit Regional Health | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-39 | 330000 | 346156 |
| Skagit County Public Hospital District No. 1<br> Skagit Regional Health | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-40 | 485000 | 503906 |
| Skagit County Public Hospital District No. 1<br> Skagit Regional Health | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-41 | 150000 | 154457 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 29

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Washington (continued)** |  |  |  |  |
| Skagit County Public Hospital District No. 1<br> Skagit Regional Health | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-01-42 | 200000 | $204642 |
| Snohomish County Housing Authority<br> Carvel Apartments Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;04-01-44 | 1250000 | 1085577 |
| State of Washington<br> Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-47 | 1600000 | 1628609 |
| Three Rivers Regional Wastewater Authority (C) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-43 | 900000 | 820864 |
| Washington State Housing Finance Commission<br> Bayview Manor II Project, Series B-2 (A) | &nbsp;&nbsp;4.200 | &nbsp;&nbsp;07-01-29 | 1000000 | 1000612 |
| Washington State Housing Finance Commission<br> Municipal Certificates, Series A-1 | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;12-20-35 | 934955 | 882217 |
| Washington State Housing Finance Commission<br> Parkshore Juanita Bay Project, Series B-1 (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;07-01-30 | 2535000 | 2535256 |
| Washington State Housing Finance Commission<br> Seattle Academy of Arts and Sciences Project (A) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;07-01-53 | 1000000 | 1049428 |
| **West Virginia 0.8%** |  |  |  | **11173928** |
| County of Ohio<br> The Highlands Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-33 | 400000 | 420478 |
| County of Ohio<br> The Highlands Project | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-44 | 750000 | 728216 |
| West Virginia Economic Development Authority<br> Appalachian Power - Amos Project, Series A, AMT | &nbsp;&nbsp;1.000 | &nbsp;&nbsp;01-01-41 | 750000 | 750000 |
| West Virginia Economic Development Authority<br> Commercial Metals Company Project, AMT | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;04-15-55 | 1150000 | 1130730 |
| West Virginia Economic Development Authority<br> Mitchell Project, Series A, AMT | &nbsp;&nbsp;4.700 | &nbsp;&nbsp;04-01-36 | 3000000 | 3011165 |
| West Virginia Hospital Finance Authority<br> Vandalia Health Group, Series B (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-40 | 1125000 | 1157246 |
| West Virginia Hospital Finance Authority<br> Vandalia Health Group, Series B (C) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;09-01-53 | 2925000 | 3004641 |
| West Virginia Hospital Finance Authority<br> West Virginia University Health System Obligated Group, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-41 | 945000 | 971452 |
| **Wisconsin 3.1%** |  |  |  | **41289217** |
| County of Milwaukee<br> Series B, GO | &nbsp;&nbsp;0.050 | &nbsp;&nbsp;08-01-38 | 485000 | 262491 |
| County of Milwaukee<br> Series B, GO | &nbsp;&nbsp;0.050 | &nbsp;&nbsp;08-01-39 | 735000 | 373272 |
| County of Milwaukee Airport Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-35 | 445000 | 476933 |
| County of Milwaukee Airport Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 445000 | 466279 |
| County of Milwaukee Airport Revenue<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-38 | 200000 | 207058 |
| Milwaukee Metropolitan Sewerage District<br> Series A, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;10-01-34 | 2390000 | 2250178 |
| Milwaukee Metropolitan Sewerage District<br> Series A, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;10-01-35 | 445000 | 408838 |
| Public Finance Authority<br> A Challenge Foundation Academy (A) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;07-01-53 | 50000 | 50192 |
| Public Finance Authority<br> Campus Real Estate Holding Corp. LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-30 | 300000 | 314403 |
| Public Finance Authority<br> Campus Real Estate Holding Corp. LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-35 | 900000 | 936465 |
| Public Finance Authority<br> CHF Manoa LLC, Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-38 | 1000000 | 1004394 |
| Public Finance Authority<br> CHF Manoa LLC, Series A (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-43 | 1000000 | 973566 |
| Public Finance Authority<br> Duke Energy Progress Project | &nbsp;&nbsp;3.300 | &nbsp;&nbsp;10-01-46 | 2530000 | 2538641 |
| Public Finance Authority<br> Gardner-Webb University (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-31 | 3000000 | 2959121 |

---

30 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Wisconsin (continued)** |  |  |  |  |
| Public Finance Authority<br> Georgia SR 400 Express Lanes Project, AMT | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-31-65 | 5950000 | $5812720 |
| Public Finance Authority<br> KSU Bixby Real Estate Foundation LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-28 | 200000 | 211209 |
| Public Finance Authority<br> KSU Bixby Real Estate Foundation LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-30 | 400000 | 433073 |
| Public Finance Authority<br> KSU Bixby Real Estate Foundation LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-33 | 350000 | 380918 |
| Public Finance Authority<br> KSU Bixby Real Estate Foundation LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-35 | 100000 | 107426 |
| Public Finance Authority<br> Lenoir-Rhyne University | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-32 | 1335000 | 1405085 |
| Public Finance Authority<br> Mary's Woods at Marylhurst Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-29 | 2000000 | 2029573 |
| Public Finance Authority<br> Mary's Woods at Marylhurst Project, Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-42 | 2610000 | 2490768 |
| Public Finance Authority<br> Pinecrest Academy Sloan Canyon Campus Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-34 | 1000000 | 959338 |
| Public Finance Authority<br> Sky Harbor Capital LLC, AMT | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;07-01-54 | 500000 | 384619 |
| Public Finance Authority<br> Viticus Group Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-41 | 750000 | 613607 |
| Public Finance Authority<br> Viticus Group Project, Series A (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-01-51 | 400000 | 297603 |
| Public Finance Authority<br> WakeMed Hospital, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-44 | 980000 | 959136 |
| Public Finance Authority<br> Waste Management, Inc. Project, Series A2, AMT | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;05-01-27 | 3000000 | 2963670 |
| Sparta Area School District<br> Promissory Notes, GO (C) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;03-01-37 | 975000 | 845332 |
| Wisconsin Health & Educational Facilities Authority<br> Bellin Memorial Hospital, Inc., Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-37 | 800000 | 847908 |
| Wisconsin Health & Educational Facilities Authority<br> Cedar Crest, Inc., Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-42 | 1100000 | 984416 |
| Wisconsin Health & Educational Facilities Authority<br> Chiara Housing and Services, Inc. Project | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;07-01-35 | 475000 | 491334 |
| Wisconsin Health & Educational Facilities Authority<br> Chiara Housing and Services, Inc. Project | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;07-01-45 | 1030000 | 1047925 |
| Wisconsin Health & Educational Facilities Authority<br> Hope Christian Schools | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-51 | 250000 | 155942 |
| Wisconsin Health & Educational Facilities Authority<br> Hope Christian Schools | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-56 | 580000 | 347359 |
| Wisconsin Health & Educational Facilities Authority<br> St. John's Communities, Inc. | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-15-41 | 1000000 | 860164 |
| Wisconsin Health & Educational Facilities Authority<br> Three Pillars Senior Living Communities, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-30 | 1200000 | 1188084 |
| Wisconsin Health & Educational Facilities Authority<br> Three Pillars Senior Living Communities, Series B-1 | &nbsp;&nbsp;4.400 | &nbsp;&nbsp;08-15-29 | 1450000 | 1450157 |
| Wisconsin Health & Educational Facilities Authority<br> Three Pillars Senior Living Communities, Series B-2 | &nbsp;&nbsp;4.200 | &nbsp;&nbsp;08-15-28 | 800000 | 800020 |
| **Wyoming 0.3%** |  |  |  | **4330297** |
| County of Campbell<br> Basin Electric Power Cooperative | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;07-15-39 | 4970000 | 4330297 |
| **Corporate bonds 0.2%** |  |  |  | **$3293506** |
| (Cost $3,551,868) |  |  |  |  |
| **Materials 0.2%** |  |  |  | &nbsp;&nbsp;&nbsp;**3293506** |
| **Paper and forest products 0.2%** |  |  |  |  |
| Domtar Corp. (A) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;10-01-28 | 3850000 | &nbsp;&nbsp;&nbsp;&nbsp;3293506 |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT 31

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Closed-end funds 0.2%** |  | **$2987153** |
| (Cost $3,219,144) |  |  |
| BlackRock Municipal Income Trust | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726000 |
| BlackRock MuniYield Fund, Inc. | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;1257500 |
| PIMCO Municipal Income Fund II | 138054 | &nbsp;&nbsp;&nbsp;&nbsp;1003653 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | **Value** |
| **Short-term investments 0.9%** |  |  | **$11190125** |
| (Cost $11,190,068) |  |  |  |
| **Short-term funds 0.9%** |  |  |  |
| John Hancock Collateral Trust (G) | &nbsp;&nbsp;4.1996(H) | 1118666 | 11190125 |
| **Total investments (Cost $1,319,142,990) 99.3%** | **Total investments (Cost $1,319,142,990) 99.3%** |  | **$1316056516** |
| **Other assets and liabilities, net 0.7%** |  |  | **9576220** |
| **Total net assets 100.0%** |  |  | **$1325632736** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| AMT | Interest earned from these securities may be considered a tax preference item for purpose of the Federal Alternative Minimum Tax. |
| GO | General Obligation |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $150,846,269 or 11.4% of the fund's net assets as of 8-31-25. |
| (B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (C) | Bond is insured by one or more of the companies listed in the insurance coverage table below. |
| (D) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
| (E) | Non-income producing - Issuer is in default. |
| (F) | Security purchased or sold on a when-issued or delayed-delivery basis. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (H) | The rate shown is the annualized seven-day yield as of 8-31-25. |

---

---

| | |
|:---|:---|
| **Insurance Coverage** | &nbsp;&nbsp;**As a % of total<br> investments** |
| Assured Guaranty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6.3 |
| Build America Mutual Assurance Company | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| National Public Finance Guarantee Corp. | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| California Mortgage Insurance | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| **TOTAL** | &nbsp;&nbsp;**11.2** |

---

The fund had the following portfolio composition as a percentage of net assets on 8-31-25:

---

| | |
|:---|:---|
| **General obligation bonds** | &nbsp;&nbsp;&nbsp;**14.8%** |
| **Revenue bonds** | &nbsp;&nbsp;&nbsp;**83.2%** |
| Other revenue | &nbsp;&nbsp;&nbsp;&nbsp;21.5% |
| Health care | &nbsp;&nbsp;&nbsp;&nbsp;18.9% |
| Education | &nbsp;&nbsp;&nbsp;&nbsp;10.5% |
| Airport | &nbsp;&nbsp;&nbsp;&nbsp;9.6% |
| Development | &nbsp;&nbsp;&nbsp;&nbsp;8.9% |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;3.8% |
| Transportation | &nbsp;&nbsp;&nbsp;&nbsp;3.4% |
| Water and sewer | &nbsp;&nbsp;&nbsp;&nbsp;2.7% |
| Housing | &nbsp;&nbsp;&nbsp;&nbsp;2.1% |
| Pollution | &nbsp;&nbsp;&nbsp;&nbsp;1.1% |
| Tobacco | &nbsp;&nbsp;&nbsp;&nbsp;0.5% |
| Facilities | &nbsp;&nbsp;&nbsp;&nbsp;0.2% |
| **Corporate bonds** | &nbsp;&nbsp;&nbsp;&nbsp;**0.2%** |
| **Closed-end funds** | &nbsp;&nbsp;&nbsp;&nbsp;**0.2%** |
| **Short-term investments and other** | &nbsp;&nbsp;&nbsp;&nbsp;**1.6%** |
| **TOTAL** | **100.0%** |

---

32 JOHN HANCOCK MUNICIPAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

Notes to Fund's investments (unaudited)

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of August 31, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 8-31-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | **$1298585732** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $1298585732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3293506** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3293506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Closed-end funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2987153** | $2987153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11190125** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11190125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1316056516** | **$14177278** | **$1301879238** | **—** |

---

**Investment in affiliated underlying funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust | 1118666 | $7238898 | $44182016 | $(40231406) | $660 | $(43) | $33243 |  | $11190125 |

---

For additional information on the fund's significant accounting policies and risks, please refer to the fund's most recent semiannual or annual shareholder report and prospectus.

---

| | |
|:---|:---|
| \| | 33 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** John Hancock Municipal Securities Trust

- **b. Investment Company Act file number:** 811-05968

- **c. CIK number of Registrant:** 0000857769

- **d. LEI of Registrant:** 5493008ZYLKE3XZXD331

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

  - **Street Address 1:** 200 Berkeley Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

  - **Telephone number:** 617-543-9634

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

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

- **b. EDGAR series identifier (if any):** S000000652

- **c. LEI of Series:** 549300EG7SVDO7DEYC22

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $1333554772.26

**Total Liabilities:** $12925753.69

**Net Assets:** $1320629018.57

**Delayed Delivery Securities:** $5881566.00

**Cash Not Reported:** $49.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1629.156854000000 | **1-Year:** -41741.293308000000 | **5-Year:** -190625.981096000000 | **10-Year:** -389180.439663000000 | **30-Year:** -85791.026387000000

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

- **3-Month:** -461.450169000000 | **1-Year:** -9480.682060000000 | **5-Year:** -32853.163230000000 | **10-Year:** -41937.749639000000 | **30-Year:** -6047.846660000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000001877 | 0.76%                | -0.15%               | 0.87%                |
| Class ID C000001879 | 0.70%                | -0.21%               | 0.81%                |
| Class ID C000178766 | 0.77%                | -0.02%               | 0.77%                |
| Class ID C000193019 | 0.89%                | -0.13%               | 0.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2557259.95             | $8815877.36                                |
| Month 2  | $-804681.09              | $-5451664.04                               |
| Month 3  | $-520954.70              | $6851663.49                                |

**Designated Index Information**

- **Index Name:** Fund's Designated Reference Portfolio is the Fund's Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                               | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| City of Phoenix Civic Improvement Corporation                                      | CITY OF PHOENIX CIVIC IMPROVEM PHOGEN 07/28 INT APROID VAR    | CUSIP: 71884WAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085064.50   | 0.08%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PIMCO Municipal Income Fund II                                                     | PIMCO MUNICIPAL INCOME FUND II PIMCO MUNICIPAL INCOME FD II   | CUSIP: 72200W106<br>LEI: N/A                  | Long             | EC               | RF                | US        |    138054 | NS      | $1003652.58   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sports and Exhibition Authority of Pittsburgh and Allegheny County                 | SPORTS and EXHIBITION AUTHORITY PITFAC 02/34 FIXED 5          | CUSIP: 724791BX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $2076363.44   | 0.16%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sports and Exhibition Authority of Pittsburgh and Allegheny County                 | SPORTS and EXHIBITION AUTHORITY PITFAC 02/28 FIXED 5          | CUSIP: 724791CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1612651.82   | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Pittsburgh Water and Sewer Authority                                           | PITTSBURGH WATER and SEWER AUTHO PITUTL 09/43 FIXED 5         | CUSIP: 725304XZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1574238.42   | 0.12%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County Industrial Development Authority                                       | POLK COUNTY INDUSTRIAL DEVELOP POKDEV 01/33 FIXED 5.875       | CUSIP: 731120NQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $915750.00    | 0.07%             | 2033-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Port Of Beaumont Industrial Development Authority                                  | PORT OF BEAUMONT INDUSTRIAL DE PTBDEV 01/28 FIXED 4.1         | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $670236.38    | 0.05%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| The Port Authority of New York and New Jersey                                      | PORT AUTHORITY OF NEW YORK and N PORTRN 10/55 FIXED 5.25      | CUSIP: 73358WZK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3004710.60   | 0.23%             | 2055-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Port Authority of New York and New Jersey                                      | PORT AUTHORITY OF NEW YORK and N PORTRN 01/45 FIXED 5         | CUSIP: 73358XPX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1389570.26   | 0.11%             | 2045-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District of Jefferson County                           | PORT OF BEAUMONT NAVIGATION DI PTBTRN 01/35 FIXED 3.625       | CUSIP: 73360CAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1964569.42   | 0.15%             | 2035-01-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBEDU 07/53 FIXED 6.875             | CUSIP: 74442ELF5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50191.99     | 0.00%             | 2053-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBEDU 07/34 FIXED OID 4             | CUSIP: 74442EMC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $959337.70    | 0.07%             | 2034-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 05/29 FIXED 5                 | CUSIP: 74443UAV5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029573.00   | 0.15%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                        | VIRGINIA SMALL BUSINESS FINANC VASDEV 01/40 FIXED 4           | CUSIP: 928104PS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $762097.81    | 0.06%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN MUNICIPAL MANAGEMENT VIRGEN 12/30 FIXED 4                                 | VIRIDIAN MUNICIPAL MANAGEMENT VIRGEN 12/30 FIXED 4            | CUSIP: 92823PNU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $986520.95    | 0.07%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON METROPOLITAN AREA T DCTTRN 07/53 FIXED 5.25                             | WASHINGTON METROPOLITAN AREA T DCTTRN 07/53 FIXED 5.25        | CUSIP: 93878YDT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4100293.60   | 0.31%             | 2053-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                        | WASHINGTON STATE HOUSING FINAN WASHSG 07/30 FIXED 4.5         | CUSIP: 939783U79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2535255.53   | 0.19%             | 2030-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                        | WASHINGTON STATE HOUSING FINAN WASHSG 07/29 FIXED 4.2         | CUSIP: 939783X35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000612.00   | 0.08%             | 2029-07-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                        | WASHINGTON STATE HOUSING FINAN WASHSG 07/53 FIXED OID 6.125   | CUSIP: 93978LGP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049428.10   | 0.08%             | 2053-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                        | WASHINGTON STATE HOUSING FINAN WASHSG 12/35 FIXED 3.5         | CUSIP: 93978TS59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    934955 | PA      | $882216.67    | 0.07%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AEROTROPOLIS REGIONAL TRANSPOR AERTRN 12/44 FIXED 5.5                              | AEROTROPOLIS REGIONAL TRANSPOR AERTRN 12/44 FIXED 5.5         | CUSIP: 008051AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2374158.75   | 0.18%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                                         | ALACHUA COUNTY HEALTH FACILITI ALAMED 12/44 FIXED 5           | CUSIP: 010685KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $174992.28    | 0.01%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS ST DEV FIN AUTH HOSP AR DEV FIN AUTH                 | CUSIP: 04109FCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529200.45    | 0.04%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS ST DEV FIN AUTH HOSP AR DEV FIN AUTH                 | CUSIP: 04109FCH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1314822.46   | 0.10%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS ST DEV FIN AUTH HOSP AR DEV FIN AUTH                 | CUSIP: 04109FCJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1300584.00   | 0.10%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS DEVELOPMENT FINANCE A ARSDEV 02/34 FIXED 5           | CUSIP: 04109FCK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031041.60   | 0.08%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bismarck City of                                                                   | CITY OF BISMARCK ND BIS 05/36 FIXED OID 3                     | CUSIP: 0915822W5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $305718.80    | 0.02%             | 2036-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Blackrock Muniyield Fund Inc.                                                      | BLACKROCK MUNIYIELD FUND INC BLACKROCK MUNIYIELD FUND         | CUSIP: 09253W104<br>LEI: N/A                  | Long             | EC               | RF                | US        |    125000 | NS      | $1257500.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVI METEDU 05/37 FIXED 4                                | METROPOLITAN GOVERNMENT NASHVI METEDU 05/37 FIXED 4           | CUSIP: 592029BH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1612558.37   | 0.12%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVI METFAC 07/37 FIXED 5                                | METROPOLITAN GOVERNMENT NASHVI METFAC 07/37 FIXED 5           | CUSIP: 592090JR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078973.60   | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVI METFAC 07/40 FIXED 5                                | METROPOLITAN GOVERNMENT NASHVI METFAC 07/40 FIXED 5           | CUSIP: 592090JU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095287.80   | 0.16%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVI METFAC 07/53 FIXED 5.25                             | METROPOLITAN GOVERNMENT NASHVI METFAC 07/53 FIXED 5.25        | CUSIP: 592090JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014620.10   | 0.08%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Metropolitan Government of Nashville and Davidson County                       | METROPOLITAN GOVERNMENT OF NAS MET 01/45 FIXED 4              | CUSIP: 592112XY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3635000 | PA      | $3264595.68   | 0.25%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                     | METROPOLITAN NASHVILLE AIRPORT MNVAPT 07/30 FIXED 5           | CUSIP: 592190QK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1748339.98   | 0.13%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                     | METROPOLITAN NASHVILLE AIRPORT MNVAPT 07/31 FIXED 5           | CUSIP: 592190QL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1750996.48   | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                     | METROPOLITAN NASHVILLE AIRPORT MNVAPT 07/32 FIXED 5.25        | CUSIP: 592190QM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $947227.25    | 0.07%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                     | METROPOLITAN NASHVILLE AIRPORT MNVAPT 07/33 FIXED 5.25        | CUSIP: 592190QN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $994391.10    | 0.08%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                              | METROPOLITAN TRANSPORTATION AU MTATRN 11/30 FIXED 5           | CUSIP: 59261AHB6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512901.85    | 0.04%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                              | METROPOLITAN TRANSPORTATION AU MTATRN 11/46 FIXED 4           | CUSIP: 59261AXU6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1511686.76   | 0.11%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPOR METAPT 10/41 INT APROID VAR                         | METROPOLITAN WASHINGTON AIRPOR METAPT 10/41 INT APROID VAR    | CUSIP: 592643BM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1890802.02   | 0.14%             | 2041-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPOR METAPT 10/26 FIXED 5                                | METROPOLITAN WASHINGTON AIRPOR METAPT 10/26 FIXED 5           | CUSIP: 592647LJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $322267.84    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPOR METAPT 10/30 FIXED 5                                | METROPOLITAN WASHINGTON AIRPOR METAPT 10/30 FIXED 5           | CUSIP: 592647MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9400000 | PA      | $10272323.76  | 0.78%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPOR METAPT 10/38 FIXED 5                                | METROPOLITAN WASHINGTON AIRPOR METAPT 10/38 FIXED 5           | CUSIP: 592647NV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3536018.21   | 0.27%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Health Facilities Authority                                            | MIAMI BEACH HEALTH FACILITIES MMBMED 11/46 FIXED 4            | CUSIP: 593211FN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1262070.75   | 0.10%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATI MIATRN 10/30 FIXED 5                                | COUNTY OF MIAMI-DADE FL AVIATI MIATRN 10/30 FIXED 5           | CUSIP: 59333P7G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2457692.33   | 0.19%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATI MIATRN 10/34 FIXED 5                                | COUNTY OF MIAMI-DADE FL AVIATI MIATRN 10/34 FIXED 5           | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5988992.90   | 0.45%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL WATER MIAUTL 10/46 FIXED 4                                 | COUNTY OF MIAMI-DADE FL WATER MIAUTL 10/46 FIXED 4            | CUSIP: 59334DMQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1621630.64   | 0.12%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MISFIN 02/42 FIXED 4               | CUSIP: 594479HP5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    515000 | PA      | $423166.08    | 0.03%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MGFFAC 02/36 FIXED 5               | CUSIP: 59447NAT3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086479.00   | 0.08%             | 2036-02-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MGFFAC 02/38 FIXED 5               | CUSIP: 59447NAV8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062148.40   | 0.08%             | 2038-02-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MISFIN 05/38 FIXED 5               | CUSIP: 59447TAW3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200288.72   | 0.09%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MISFIN 06/49 FIXED 4               | CUSIP: 59447TL76<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1453927.68   | 0.11%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MISFIN 10/38 ADJUSTABLE VAR        | CUSIP: 59447TU68<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8300000 | PA      | $7882972.31   | 0.60%             | 2038-10-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| MICHIGAN MATHEMATICS and SCIENCE MMTEDU 01/31 FIXED 4                              | MICHIGAN MATHEMATICS and SCIENCE MMTEDU 01/31 FIXED 4         | CUSIP: 59457QAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $686689.60    | 0.05%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOSPITAL FINANC MISMED 08/55 ADJUSTABLE VAR                         | MICHIGAN STATE HOSPITAL FINANC MISMED 08/55 ADJUSTABLE VAR    | CUSIP: 59465HXE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1304185.32   | 0.10%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF MICHIGAN TRUNK LINE R MISTRN 11/38 FIXED 4                                | STATE OF MICHIGAN TRUNK LINE R MISTRN 11/38 FIXED 4           | CUSIP: 5946952B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1353001.24   | 0.10%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/36 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/36 FIXED OID 3       | CUSIP: 41423TMY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1699121.07   | 0.13%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/38 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/38 FIXED OID 3       | CUSIP: 41423TNA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1601518.89   | 0.12%             | 2038-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MIDDLETON COMMUNITY DEVELOPMEN MDDGEN 05/27 FIXED 5.2                              | MIDDLETON COMMUNITY DEVELOPMEN MDDGEN 05/27 FIXED 5.2         | CUSIP: 596681AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254244.85    | 0.02%             | 2027-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MIDDLETON COMMUNITY DEVELOPMEN MDDGEN 05/32 FIXED 5.45                             | MIDDLETON COMMUNITY DEVELOPMEN MDDGEN 05/32 FIXED 5.45        | CUSIP: 596681AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $256057.85    | 0.02%             | 2032-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MIDTOWN MIAMI COMMUNITY DEVELO MDTDEV 05/37 FIXED OID 5                            | MIDTOWN MIAMI COMMUNITY DEVELO MDTDEV 05/37 FIXED OID 5       | CUSIP: 59807PAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3670090.28   | 0.28%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee County of                                                                | COUNTY OF MILWAUKEE WI MLW 08/38 FIXED OID 0.05               | CUSIP: 602246AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $262490.78    | 0.02%             | 2038-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| Milwaukee County of                                                                | COUNTY OF MILWAUKEE WI MLW 08/39 FIXED OID 0.05               | CUSIP: 602246BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $373272.10    | 0.03%             | 2039-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE CNTY WI ARPT REVENUE MILWAUKEE CNTY ARPT-A                               | MILWAUKEE CNTY WI ARPT REVENUE MILWAUKEE CNTY ARPT-A          | CUSIP: 602248MV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $476932.67    | 0.04%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE CNTY WI ARPT REVENUE MILWAUKEE CNTY ARPT-A                               | MILWAUKEE CNTY WI ARPT REVENUE MILWAUKEE CNTY ARPT-A          | CUSIP: 602248MX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $466278.65    | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE CNTY WI ARPT REVENUE MILWAUKEE CNTY ARPT-A                               | MILWAUKEE CNTY WI ARPT REVENUE MILWAUKEE CNTY ARPT-A          | CUSIP: 602248MY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207057.90    | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Metropolitan Sewerage District                                           | MILWAUKEE METROPOLITAN SEWERAG MLWUTL 10/34 FIXED 3           | CUSIP: 602409LJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2250177.59   | 0.17%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Metropolitan Sewerage District                                           | MILWAUKEE METROPOLITAN SEWERAG MLWUTL 10/35 FIXED 3           | CUSIP: 602409LK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $408838.28    | 0.03%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                               | PENNSYLVANIA HIGHER EDUCATIONA PASHGR 11/54 FIXED OID 4.375   | CUSIP: 70917TTA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $817782.48    | 0.06%             | 2054-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/43 FIXED 5           | CUSIP: 709224K40<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1087428.61   | 0.08%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/31 FIXED 5                                | HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/31 FIXED 5           | CUSIP: 414832AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327561.36    | 0.02%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/32 FIXED 5                                | HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/32 FIXED 5           | CUSIP: 414832AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $273701.63    | 0.02%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/44 FIXED 5           | CUSIP: 709224P52<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994755.70    | 0.08%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/29 FIXED 5           | CUSIP: 709225FV3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $276151.03    | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/33 FIXED 5                                | HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/33 FIXED 5           | CUSIP: 414832AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $329149.74    | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/36 FIXED 5                                | HARRISBURG REDEVELOPMENT AUTHO HRADEV 09/36 FIXED 5           | CUSIP: 414832AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $590744.88    | 0.04%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INDGEN 11/30 FIXED 4.25             | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023274.40   | 0.08%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSGEN 03/39 FIXED OID 7            | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $58250.00     | 0.00%             | 2039-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSFIN 09/39 FIXED 5.5              | CUSIP: 45471AUS9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2079307.80   | 0.16%             | 2039-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSMED 03/42 FIXED 5                | CUSIP: 45471CDL9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1325175.60   | 0.10%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nevada Department of Business and Industry                                         | STATE OF NEVADA DEPARTMENT OF NBIDEV 01/65 ADJUST OID VAR     | CUSIP: 641455AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3905745.33   | 0.30%             | 2065-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                        | NEW HAMPSHIRE HEALTH AND EDUCA NHSMED 07/34 FIXED OID 3.5     | CUSIP: 64461XBN4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    245000 | PA      | $249316.66    | 0.02%             | 2034-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                        | NEW HAMPSHIRE HEALTH AND EDUCA NHSMED 07/37 FIXED 5           | CUSIP: 64461XBR5<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52241.62     | 0.00%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                        | NEW HAMPSHIRE HEALTH AND EDUCA NHSMED 08/34 FIXED 5           | CUSIP: 64461XDV4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3512212.55   | 0.27%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corporation                           | RHODE ISLAND HEALTH AND EDUCAT RISHGR 09/40 FIXED OID 4       | CUSIP: 762197P39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $90386.84     | 0.01%             | 2040-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corporation                           | RHODE ISLAND HEALTH AND EDUCAT RISHGR 09/41 FIXED 5           | CUSIP: 762197P47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1131669.25   | 0.09%             | 2041-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corporation                           | RHODE ISLAND HEALTH AND EDUCAT RISHGR 09/43 FIXED OID 4.125   | CUSIP: 762197P62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $78612.82     | 0.01%             | 2043-09-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corporation                           | RHODE ISLAND HEALTH AND EDUCAT RISEDU 05/40 FIXED 5           | CUSIP: 76219MEW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $362435.15    | 0.03%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                   | MINNESOTA HOUSING FINANCE AGEN MNSHSG 02/46 FIXED 2.95        | CUSIP: 60416QGG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    701476 | PA      | $610533.80    | 0.05%             | 2046-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corporation                                           | MISSISSIPPI BUSINESS FINANCE C MSSDEV 06/44 FIXED 2.375       | CUSIP: 605279MK1<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $944172.45    | 0.07%             | 2044-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CITY OF RICHMOND VA PUBLIC UTI RICUTL 01/38 FIXED 4                                | CITY OF RICHMOND VA PUBLIC UTI RICUTL 01/38 FIXED 4           | CUSIP: 765433LE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1777626.11   | 0.13%             | 2038-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUBLIC FINANCING RVIGEN 09/53 FIXED OID 5.625                        | RIVER ISLANDS PUBLIC FINANCING RVIGEN 09/53 FIXED OID 5.625   | CUSIP: 76827QJZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $608210.16    | 0.05%             | 2053-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RIVERHEAD INDUSTRIAL DEVELOPME RIVDEV 08/30 FIXED 4                                | RIVERHEAD INDUSTRIAL DEVELOPME RIVDEV 08/30 FIXED 4           | CUSIP: 76876RAP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1188395.56   | 0.09%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVERHEAD INDUSTRIAL DEVELOPME RIVDEV 08/35 FIXED 4.5                              | RIVERHEAD INDUSTRIAL DEVELOPME RIVDEV 08/35 FIXED 4.5         | CUSIP: 76876RAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $977252.21    | 0.07%             | 2035-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROCK VALLEY COMMUNITY SCHOOL D RKVSCD 06/44 FIXED OID 4                            | ROCK VALLEY COMMUNITY SCHOOL D RKVSCD 06/44 FIXED OID 4       | CUSIP: 772776CW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $854770.74    | 0.06%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                                           | DEVELOPMENT AUTHORITY OF ROCKD ROCDEV 01/38 FIXED 4           | CUSIP: 773008AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934746.90    | 0.07%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST CLAIR COUNTY COMMUNITY UNIT SCCSCD 01/43 FIXED 5                                | ST CLAIR COUNTY COMMUNITY UNIT SCCSCD 01/43 FIXED 5           | CUSIP: 788550MZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1367317.53   | 0.10%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS COUNTY INDUSTRIAL DEV STJMED 12/50 FIXED 4                                | ST JOHNS COUNTY INDUSTRIAL DEV STJMED 12/50 FIXED 4           | CUSIP: 79041LAQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $632335.86    | 0.05%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST LOUIS COUNTY INDUSTRIAL DEV STLDEV 09/38 FIXED OID 5                            | ST LOUIS COUNTY INDUSTRIAL DEV STLDEV 09/38 FIXED OID 5       | CUSIP: 79152TAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1657027.19   | 0.13%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washoe County School District                                                      | WASHOE COUNTY SCHOOL DISTRICT/ WASSCD 06/34 FIXED 3           | CUSIP: 940859EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1788033.38   | 0.14%             | 2034-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                     | WAYNE COUNTY AIRPORT AUTHORITY WAYAPT 12/43 FIXED 5.5         | CUSIP: 944514U55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524396.65    | 0.04%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                     | WAYNE COUNTY AIRPORT AUTHORITY WAYAPT 12/44 FIXED 5.5         | CUSIP: 944514U63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521386.70    | 0.04%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                       | WEST VIRGINIA ECONOMIC DEVELOP WVSDEV 01/41 ADJUSTABLE VAR    | CUSIP: 95648VBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.06%             | 2041-01-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY UTSFAC 10/33 FIXED 4                                    | UTAH INFRASTRUCTURE AGENCY UTSFAC 10/33 FIXED 4               | CUSIP: 917467BH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1180545.47   | 0.09%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY UTSFAC 10/30 FIXED 4                                    | UTAH INFRASTRUCTURE AGENCY UTSFAC 10/30 FIXED 4               | CUSIP: 917467BV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $404418.56    | 0.03%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY UTSFAC 10/35 FIXED 4                                    | UTAH INFRASTRUCTURE AGENCY UTSFAC 10/35 FIXED 4               | CUSIP: 917467CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240376.05    | 0.02%             | 2035-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Yonkers City of                                                                    | CITY OF YONKERS NY YON 11/30 FIXED 5                          | CUSIP: 986082X67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $459533.54    | 0.03%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yonkers City of                                                                    | CITY OF YONKERS NY YON 11/31 FIXED 5                          | CUSIP: 986082X75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11311.22     | 0.00%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                  | UTAH TELECOMMUNICATION OPEN IN UTSGEN 06/28 FIXED 5           | CUSIP: 91756SAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106668.59    | 0.01%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                  | UTAH TELECOMMUNICATION OPEN IN UTSGEN 06/29 FIXED 5           | CUSIP: 91756SAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108799.92    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                  | UTAH TELECOMMUNICATION OPEN IN UTSGEN 06/30 FIXED 5           | CUSIP: 91756SAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110490.56    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                  | UTAH TELECOMMUNICATION OPEN IN UTSGEN 06/31 FIXED 5           | CUSIP: 91756SAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $111596.56    | 0.01%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                  | UTAH TELECOMMUNICATION OPEN IN UTSGEN 06/32 FIXED 5           | CUSIP: 91756SAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33729.86     | 0.00%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                             | VERMONT ECONOMIC DEVELOPMENT A VTSPOL 06/52 ADJUSTABLE VAR    | CUSIP: 924157AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1317230.51   | 0.10%             | 2052-06-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| VLGS AT CASTLE ROCK CO MET DIS VILGEN 12/37 ZEROCPNOID 0                           | VLGS AT CASTLE ROCK CO MET DIS VILGEN 12/37 ZEROCPNOID 0      | CUSIP: 92706LAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2866667 | PA      | $1106755.92   | 0.08%             | 2037-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT VILDEV 05/37 FIXED 4                                 | VILLAGE COMMUNITY DEVELOPMENT VILDEV 05/37 FIXED 4            | CUSIP: 92707UBE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $398389.76    | 0.03%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT VGEDEV 05/34 FIXED 4                                 | VILLAGE COMMUNITY DEVELOPMENT VGEDEV 05/34 FIXED 4            | CUSIP: 92708KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493298.50    | 0.04%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                               | VIRGINIA BEACH DEVELOPMENT AUT VBHDEV 09/30 FIXED 6.25        | CUSIP: 92774NBD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3635532.36   | 0.28%             | 2030-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                       | MISSISSIPPI DEVELOPMENT BANK MSSDEV 10/41 FIXED 4             | CUSIP: 60534XLV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $773686.20    | 0.06%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE OF MISSISSIPPI GAMING TA MSSGEN 10/36 FIXED 5                                | STATE OF MISSISSIPPI GAMING TA MSSGEN 10/36 FIXED 5           | CUSIP: 605638BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027624.00   | 0.08%             | 2036-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                | VIRGINIA COLLEGE BUILDING AUTH VACHGR 06/46 FIXED 4           | CUSIP: 92778FKQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2903957.35   | 0.22%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                | VIRGINIA COLLEGE BUILDING AUTH VACHGR 09/34 FIXED 3           | CUSIP: 92778WPE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $18798.37     | 0.00%             | 2034-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Transportation Board                                                  | VIRGINIA COMMONWEALTH TRANSPOR VASTRN 05/37 FIXED 4           | CUSIP: 927793Q36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $660595.85    | 0.05%             | 2037-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MONROE FL AIRPORT RE MONTRN 10/28 FIXED 5                                | COUNTY OF MONROE FL AIRPORT RE MONTRN 10/28 FIXED 5           | CUSIP: 610466AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $189338.96    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MONROE FL AIRPORT RE MONTRN 10/29 FIXED 5                                | COUNTY OF MONROE FL AIRPORT RE MONTRN 10/29 FIXED 5           | CUSIP: 610466AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $345469.31    | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MONROE FL AIRPORT RE MONTRN 10/33 FIXED 5                                | COUNTY OF MONROE FL AIRPORT RE MONTRN 10/33 FIXED 5           | CUSIP: 610466AK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065232.20   | 0.08%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE COUNTY INDUSTRIAL DEVEL MONDEV 06/49 FIXED 5.25                             | MONROE COUNTY INDUSTRIAL DEVEL MONDEV 06/49 FIXED 5.25        | CUSIP: 61075TXR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $357693.53    | 0.03%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                                 | MONTANA FACILITY FINANCE AUTHO MTSMED 07/50 FIXED 4           | CUSIP: 612043LN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $382146.55    | 0.03%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County of                                                               | MONTGOMERY CNTY OH HLTH CARE F MONTGOMERY CO-REF              | CUSIP: 613518CZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1079023.83   | 0.08%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County of                                                               | MONTGOMERY CNTY OH HLTH CARE F MONTGOMERY CO-REF              | CUSIP: 613518DB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1088069.22   | 0.08%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County of                                                               | MONTGOMERY CNTY OH HLTH CARE F MONTGOMERY CO-REF              | CUSIP: 613518DC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $376054.52    | 0.03%             | 2040-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority                                 | MONTGOMERY COUNTY INDUSTRIAL D MONDEV 11/45 FIXED 5           | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2312108.20   | 0.18%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE OF MORTON GROVE IL TAX MGVGEN 01/39 FIXED 5                                | VILLAGE OF MORTON GROVE IL TAX MGVGEN 01/39 FIXED 5           | CUSIP: 619295AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1895758.60   | 0.14%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOULTRIE SHELBY and COLES COUNTI MOUSCD 12/40 FIXED 5                              | MOULTRIE SHELBY and COLES COUNTI MOUSCD 12/40 FIXED 5         | CUSIP: 620433DC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059804.00   | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOULTRIE SHELBY and COLES COUNTI MOUSCD 12/41 FIXED 5                              | MOULTRIE SHELBY and COLES COUNTI MOUSCD 12/41 FIXED 5         | CUSIP: 620433DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057632.90   | 0.08%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Diablo Unified School District                                               | MOUNT DIABLO UNIFIED SCHOOL DI MDLSCD 08/33 FIXED 4           | CUSIP: 621196N67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1212159.91   | 0.09%             | 2033-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF MYRTLE BEACH SC WATER MYRUTL 03/45 FIXED 5                                 | CITY OF MYRTLE BEACH SC WATER MYRUTL 03/45 FIXED 5            | CUSIP: 628577MZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $694769.53    | 0.05%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                           | NEW HAMPSHIRE BUSINESS FINANCE NFADEV 07/43 FIXED 3.625       | CUSIP: 63607YAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1200626.25   | 0.09%             | 2043-07-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                           | NEW HAMPSHIRE BUSINESS FINANCE NFADEV 01/41 FIXED 4           | CUSIP: 63608SAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862162.10    | 0.07%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHARLOTTE NC AIRPORT R CHAAPT 07/51 FIXED 4                                | CITY OF CHARLOTTE NC AIRPORT R CHAAPT 07/51 FIXED 4           | CUSIP: 161036RW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4333.51      | 0.00%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL CHAMED 12/34 FIXED 5                                | CHATTANOOGA HEALTH EDUCATIONAL CHAMED 12/34 FIXED 5           | CUSIP: 162409AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $551025.95    | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                           | NEW HAMPSHIRE BUSINESS FINANCE NFAGEN 12/28 FIXED 5           | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2554764.17   | 0.19%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                           | NEW HAMPSHIRE BUSINESS FINANCE NFAGEN 12/30 FIXED 5.5         | CUSIP: 63608TAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3209000 | PA      | $3240428.30   | 0.25%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ECONOMIC DEVELOPMEN CHEPCR 02/32 ADJUSTABLE VAR                         | CHESAPEAKE ECONOMIC DEVELOPMEN CHEPCR 02/32 ADJUSTABLE VAR    | CUSIP: 16532YAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1093602.34   | 0.08%             | 2032-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                    | CHESTER COUNTY INDUSTRIAL DEVE CHEDEV 12/49 FIXED 4           | CUSIP: 165588EN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1044586.57   | 0.08%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                           | NEW HAMPSHIRE BUSINESS FINANCE NFAGEN 12/32 ZEROCPNOID 0      | CUSIP: 63608TAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $1434825.17   | 0.11%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                   | NORTH CAROLINA CAPITAL FACILIT NCSEDU 05/31 FIXED 5           | CUSIP: 65818PNM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21680.44     | 0.00%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                    | CHESTER COUNTY INDUSTRIAL DEVE CHEDEV 03/27 FIXED 5           | CUSIP: 165588FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013722.40   | 0.08%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                         | CHICAGO BOARD OF EDUCATION CHIEDU 12/37 FIXED 5               | CUSIP: 167505XN1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1026758.46   | 0.08%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                         | CHICAGO BOARD OF EDUCATION CHIEDU 12/30 FIXED 5               | CUSIP: 167505XV3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040896.80   | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                         | CHICAGO BOARD OF EDUCATION CHIEDU 12/38 FIXED 4               | CUSIP: 167505YH3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1734601.40   | 0.13%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State of                                                            | STATE OF NORTH CAROLINA NCSGEN 05/28 FIXED OID 3              | CUSIP: 65829QCJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550078.82    | 0.04%             | 2028-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Northbrook Village of                                                              | VILLAGE OF NORTHBROOK IL NBK 12/37 FIXED 5                    | CUSIP: 663821E69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1338917.12   | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                         | CHICAGO BOARD OF EDUCATION CHIEDU 12/34 FIXED OID 5           | CUSIP: 167505ZA7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3047591.10   | 0.23%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                         | CHICAGO BOARD OF EDUCATION CHIEDU 12/41 FIXED 4               | CUSIP: 167505ZJ8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1526489.28   | 0.12%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northbrook Village of                                                              | VILLAGE OF NORTHBROOK IL NBK 12/38 FIXED 5                    | CUSIP: 663821E77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1502471.50   | 0.11%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION DED CHIEDU 04/46 FIXED OID 6                            | CHICAGO BOARD OF EDUCATION DED CHIEDU 04/46 FIXED OID 6       | CUSIP: 167510AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3532912.25   | 0.27%             | 2046-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION DED CHIEDU 04/42 FIXED 5                                | CHICAGO BOARD OF EDUCATION DED CHIEDU 04/42 FIXED 5           | CUSIP: 167510AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1363122.32   | 0.10%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                               | CHICAGO MIDWAY INTERNATIONAL A CHIAPT 01/36 FIXED 5           | CUSIP: 167562TG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $790513.28    | 0.06%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                               | CHICAGO MIDWAY INTERNATIONAL A CHIAPT 01/35 FIXED 5           | CUSIP: 167562TY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535784.35    | 0.04%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                               | CHICAGO O'HARE INTERNATIONAL A CHITRN 01/42 FIXED 5.25        | CUSIP: 1675934N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2526519.38   | 0.19%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                               | CHICAGO O'HARE INTERNATIONAL A CHITRN 01/34 FIXED 5           | CUSIP: 1675935S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2170128.40   | 0.16%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                        | KENTON COUNTY AIRPORT BOARD KENAPT 01/39 FIXED 5.25           | CUSIP: 491026WC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1594749.60   | 0.12%             | 2039-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                        | KENTUCKY TURNPIKE AUTHORITY KYSTRN 07/32 FIXED 5              | CUSIP: 491552R98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2214137.00   | 0.17%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knoxville City of                                                                  | CITY OF KNOXVILLE TN KXV 05/35 FIXED 3                        | CUSIP: 499731J73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1130793.84   | 0.09%             | 2035-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                             | OHIO AIR QUALITY DEVELOPMENT A OHSDEV 11/39 ADJUSTABLE VAR    | CUSIP: 677525WV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018546.20   | 0.08%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                             | OKLAHOMA DEVELOPMENT FINANCE A OKSMED 08/38 FIXED 5           | CUSIP: 67884XCF2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2160914.91   | 0.16%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                        | OKLAHOMA TURNPIKE AUTHORITY OKSTRN 01/37 FIXED 5              | CUSIP: 679111F41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112780.90   | 0.08%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                            | OMAHA AIRPORT AUTHORITY OMAAPT 12/43 FIXED 5.25               | CUSIP: 681725NH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1313829.11   | 0.10%             | 2043-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                        | OMAHA PUBLIC POWER DISTRICT OMAPWR 02/43 FIXED 5              | CUSIP: 682001JT0<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5180779.50   | 0.39%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA CIVIC DEVELOPMENT COR ONODEV 08/54 FIXED OID 5.375                        | ONONDAGA CIVIC DEVELOPMENT COR ONODEV 08/54 FIXED OID 5.375   | CUSIP: 682832KJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $787721.00    | 0.06%             | 2054-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/39 FIXED 5                                | ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/39 FIXED 5           | CUSIP: 682832LC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088788.90   | 0.08%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/40 FIXED 5                                | ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/40 FIXED 5           | CUSIP: 682832LD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078387.30   | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/41 FIXED 5                                | ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/41 FIXED 5           | CUSIP: 682832LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $959691.96    | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/42 FIXED 5.25                             | ONONDAGA CIVIC DEVELOPMENT COR ONODEV 12/42 FIXED 5.25        | CUSIP: 682832LF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074073.50   | 0.08%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                          | ORANGE COUNTY HEALTH FACILITIE ORAMED 08/36 FIXED 4           | CUSIP: 68450LGL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3339022.05   | 0.25%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                          | ORANGE COUNTY HEALTH FACILITIE ORAMED 10/41 FIXED 5           | CUSIP: 68450LHJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2329474.21   | 0.18%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                          | ORANGE COUNTY HEALTH FACILITIE ORAMED 10/56 FIXED 5.25        | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009706.90   | 0.08%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 06/35 FIXED OID 4.625                        | OREGON STATE FACILITIES AUTHOR ORSFAC 06/35 FIXED OID 4.625   | CUSIP: 68607AAN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $264330.42    | 0.02%             | 2035-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 06/45 FIXED OID 5.5                          | OREGON STATE FACILITIES AUTHOR ORSFAC 06/45 FIXED OID 5.5     | CUSIP: 68607AAP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $457870.79    | 0.03%             | 2045-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/27 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/27 FIXED 5           | CUSIP: 68608JZF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $314134.60    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/29 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/29 FIXED 5           | CUSIP: 68608JZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $350927.58    | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/31 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/31 FIXED 5           | CUSIP: 68608JZK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $366002.25    | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/32 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/32 FIXED 5           | CUSIP: 68608JZL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $379009.80    | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/33 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/33 FIXED 5           | CUSIP: 68608JZM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $418248.77    | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Domtar Corporation                                                                 | DOMTAR CORP SR SECURED 144A 10/28 6.75                        | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3293506.37   | 0.25%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Pearland City of                                                                   | CITY OF PEARLAND TX PEA 09/44 FIXED 5                         | CUSIP: 704865XS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $866257.78    | 0.07%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pefa Inc.                                                                          | PEFA INC PEFUTL 09/49 ADJUSTABLE VAR                          | CUSIP: 70556CAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034266.00   | 0.15%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Municipal Income Trust                                                   | BLACKROCK MUNICIPAL INCOME TRU BLACKROCK MUNICIPAL INC TRST   | CUSIP: 09248F109<br>LEI: N/A                  | Long             | EC               | RF                | US        |     75000 | NS      | $726000.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BLAINE COUNTY EDUCATIONAL FACI BLAEDU 12/30 FIXED 5                                | BLAINE COUNTY EDUCATIONAL FACI BLAEDU 12/30 FIXED 5           | CUSIP: 092746AY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $862517.84    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF BOULDER CO WATER and SEW BOUUTL 12/42 FIXED 4                              | CITY OF BOULDER CO WATER and SEW BOUUTL 12/42 FIXED 4         | CUSIP: 10146HNR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $271588.42    | 0.02%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp                                        | BRAZORIA COUNTY INDUSTRIAL DEV BZIFAC 06/43 FIXED 12          | CUSIP: 10604PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1781000 | PA      | $445250.09    | 0.03%             | 2043-06-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| COUNTY OF BROWARD FL AIRPORT S BROAPT 10/27 FIXED 5                                | COUNTY OF BROWARD FL AIRPORT S BROAPT 10/27 FIXED 5           | CUSIP: 114894YC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1568018.70   | 0.12%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 11/41 FIXED 4                  | CUSIP: 12008ESG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $209272.93    | 0.02%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 11/51 FIXED 4                  | CUSIP: 12008ESH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $135680.00    | 0.01%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 07/52 FIXED 5.25               | CUSIP: 12008ETX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956691.50    | 0.07%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 07/62 FIXED 5.25               | CUSIP: 12008ETZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1872279.80   | 0.14%             | 2062-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 09/39 FIXED 5                  | CUSIP: 12008EWB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1061788.53   | 0.08%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 07/42 FIXED 5.5                | CUSIP: 12008QAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $931724.64    | 0.07%             | 2042-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation                                                     | BUILD NYC RESOURCE CORP BUIGEN 07/43 FIXED 5.5                | CUSIP: 12008QAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028369.90   | 0.08%             | 2043-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BUREAU WHITESIDE and LEE COUNTIE BURSCD 12/31 FIXED 5                              | BUREAU WHITESIDE and LEE COUNTIE BURSCD 12/31 FIXED 5         | CUSIP: 121158CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $357005.97    | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUREAU WHITESIDE and LEE COUNTIE BURSCD 12/33 FIXED 5                              | BUREAU WHITESIDE and LEE COUNTIE BURSCD 12/33 FIXED 5         | CUSIP: 121158CN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $187418.61    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Development Authority of Burke County                                          | DEVELOPMENT AUTHORITY OF BURKE BURPOL 01/40 ADJUSTABLE VAR    | CUSIP: 121342NR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3562746.25   | 0.27%             | 2040-01-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| The Development Authority of Burke County                                          | DEVELOPMENT AUTHORITY OF BURKE BURPOL 10/32 FIXED 2.2         | CUSIP: 121342QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1591193.14   | 0.12%             | 2032-10-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| The Development Authority of Burke County                                          | DEVELOPMENT AUTHORITY OF BURKE BURPOL 10/32 ADJUSTABLE VAR    | CUSIP: 121342QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1020297.39   | 0.08%             | 2032-10-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| CITY OF BURLINGTON VT AIRPORT BURTRN 07/27 FIXED 5                                 | CITY OF BURLINGTON VT AIRPORT BURTRN 07/27 FIXED 5            | CUSIP: 122064DT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $491604.39    | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance                                                         | CALIFORNIA HOUSING FINANCE AGE CASMFH 12/27 FIXED 5.2         | CUSIP: 13034DAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2553363.25   | 0.19%             | 2027-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                               | CHICAGO O'HARE INTERNATIONAL A CHITRN 01/52 FIXED 5           | CUSIP: 167593WS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3649641.41   | 0.28%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 11/26 FIXED 5           | CUSIP: 19648FWA8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    350000 | PA      | $358821.58    | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 11/28 FIXED 5           | CUSIP: 19648FWC4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066713.60   | 0.08%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 11/29 FIXED 5           | CUSIP: 19648FWD2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    800000 | PA      | $866869.12    | 0.07%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 12/54 FIXED 5.25        | CUSIP: 19648FXU3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $497578.40    | 0.04%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                        | KENTON CNTY KY ARPT BRD KENTON CNTY KY ARPT-A                 | CUSIP: 491026VT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $593728.47    | 0.04%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                        | KENTON CNTY KY ARPT BRD KENTON CNTY KY ARPT-A                 | CUSIP: 491026VU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $814079.18    | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                        | KENTON CNTY KY ARPT BRD KENTON CNTY KY ARPT-A                 | CUSIP: 491026VV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1466488.94   | 0.11%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH LAWRENCE COMMUNITY SCHOO NRLSCD 07/32 FIXED 5                                | NORTH LAWRENCE COMMUNITY SCHOO NRLSCD 07/32 FIXED 5           | CUSIP: 66042REK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $279505.38    | 0.02%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH LAWRENCE COMMUNITY SCHOO NRLSCD 01/33 FIXED 5                                | NORTH LAWRENCE COMMUNITY SCHOO NRLSCD 01/33 FIXED 5           | CUSIP: 66042REL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $308143.25    | 0.02%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH LAWRENCE COMMUNITY SCHOO NRLSCD 07/33 FIXED 5                                | NORTH LAWRENCE COMMUNITY SCHOO NRLSCD 07/33 FIXED 5           | CUSIP: 66042REM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $224445.38    | 0.02%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/31 FIXED 5                                | NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/31 FIXED 5           | CUSIP: 661056AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108991.04    | 0.01%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/32 FIXED 5                                | NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/32 FIXED 5           | CUSIP: 661056AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545212.95    | 0.04%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/33 FIXED 5                                | NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/33 FIXED 5           | CUSIP: 661056AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1636757.70   | 0.12%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/35 FIXED 5                                | NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/35 FIXED 5           | CUSIP: 661056AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1799864.67   | 0.14%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/36 FIXED 5                                | NORTH MIAMI COMMUNITY REDEVELO NMIDEV 03/36 FIXED 5           | CUSIP: 661056AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1696534.72   | 0.13%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Regional Sewer District                                             | NORTHEAST OHIO REGIONAL SEWER NEOUTL 11/34 FIXED 3            | CUSIP: 663903HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $1927030.28   | 0.15%             | 2034-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/27 FIXED 6.625                            | NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/27 FIXED 6.625       | CUSIP: 66649UBD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26402.12     | 0.00%             | 2027-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/32 FIXED 5                                | NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/32 FIXED 5           | CUSIP: 66649UBJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $127433.68    | 0.01%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/33 FIXED 5                                | NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/33 FIXED 5           | CUSIP: 66649UBK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105616.37    | 0.01%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/33 FIXED 5.25                             | CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/33 FIXED 5.25        | CUSIP: 442349HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7750000 | PA      | $8162158.95   | 0.62%             | 2033-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/34 FIXED 5.25                             | CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/34 FIXED 5.25        | CUSIP: 442349HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1309899.13   | 0.10%             | 2034-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/38 FIXED 5.5                              | CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/38 FIXED 5.5         | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2609160.50   | 0.20%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HUNTERS OVERLOOK METROPOLITAN HUOFAC 12/54 FIXED OID 4.25                          | HUNTERS OVERLOOK METROPOLITAN HUOFAC 12/54 FIXED OID 4.25     | CUSIP: 445788AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893007.50    | 0.07%             | 2054-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| I-470 WESTERN GATEWAY TRANSPOR WGTTRN 12/29 FIXED 4.5                              | I-470 WESTERN GATEWAY TRANSPOR WGTTRN 12/29 FIXED 4.5         | CUSIP: 44952RAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1127957.29   | 0.09%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSPOL 09/52 ADJUSTABLE VAR        | CUSIP: 45202HAM5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058418.40   | 0.08%             | 2052-09-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSPOL 09/42 ADJUSTABLE VAR        | CUSIP: 45202HAN3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1362788.38   | 0.10%             | 2042-09-01      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 05/28 FIXED 4.5             | CUSIP: 45204ER42<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1149466.51   | 0.09%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 06/27 FIXED 4.6             | CUSIP: 45204FQK4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    360000 | PA      | $360576.18    | 0.03%             | 2027-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 06/32 FIXED OID 5.125       | CUSIP: 45204FQL2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    725000 | PA      | $732481.49    | 0.06%             | 2032-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 06/37 FIXED OID 5.25        | CUSIP: 45204FQM0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1020335.09   | 0.08%             | 2037-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 03/27 FIXED 5               | CUSIP: 45204FRK3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    360000 | PA      | $365879.23    | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 03/29 FIXED 5               | CUSIP: 45204FRM9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    235000 | PA      | $242525.66    | 0.02%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 03/31 FIXED 5               | CUSIP: 45204FRP2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    595000 | PA      | $614387.78    | 0.05%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 08/52 ADJUSTABLE VAR        | CUSIP: 45204FTD7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073439.40   | 0.16%             | 2052-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 06/31 FIXED 5               | CUSIP: 45204FTH8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    600000 | PA      | $663426.54    | 0.05%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 08/33 FIXED OID 4.5         | CUSIP: 45204FUB9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1179540.63   | 0.09%             | 2033-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 10/34 FIXED 5               | CUSIP: 45204FYS8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1185508.67   | 0.09%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                              | ILLINOIS STATE TOLL HIGHWAY AU ILSTRN 01/43 FIXED 5           | CUSIP: 452252PW3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1549223.86   | 0.12%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSMED 03/43 FIXED 5                | CUSIP: 45471CDM7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200457.56   | 0.09%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                     | INDIANA MUNICIPAL POWER AGENCY INSPWR 01/42 FIXED 5           | CUSIP: 454898VR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $823353.42    | 0.06%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSFIN 05/29 FIXED 4.3              | CUSIP: 45506ENK5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    520000 | PA      | $530693.07    | 0.04%             | 2029-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSFIN 03/45 FIXED OID 5.125        | CUSIP: 45506ENY5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2105606.58   | 0.16%             | 2045-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                    | INDIANAPOLIS LOCAL PUBLIC IMPR INPGEN 01/30 FIXED 5           | CUSIP: 45528U4X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $355680.90    | 0.03%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                    | INDIANAPOLIS LOCAL PUBLIC IMPR INPGEN 01/31 FIXED 5           | CUSIP: 45528U4Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1187439.35   | 0.09%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                    | INDIANAPOLIS LOCAL PUBLIC IMPR INPGEN 01/32 FIXED 5           | CUSIP: 45528U4Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $331860.19    | 0.03%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                    | INDIANAPOLIS LOCAL PUBLIC IMPR INPGEN 01/33 FIXED 5           | CUSIP: 45528U5A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $640545.11    | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                    | INDIANAPOLIS LOCAL PUBLIC IMPR INPGEN 03/38 FIXED OID 5.5     | CUSIP: 45528U6V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $839752.40    | 0.06%             | 2038-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IOWA GREAT LAKES SANITATION DI IASUTL 06/33 FIXED 4                                | IOWA GREAT LAKES SANITATION DI IASUTL 06/33 FIXED 4           | CUSIP: 462457LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1177024.28   | 0.09%             | 2033-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON COUNTY PORT AUTHORIT JPADEV 12/53 ADJUSTABLE VAR                         | JEFFERSON COUNTY PORT AUTHORIT JPADEV 12/53 ADJUSTABLE VAR    | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3557280.70   | 0.27%             | 2053-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF KANSAS CITY MO WATER R KANWTR 12/37 FIXED OID 3.5                          | CITY OF KANSAS CITY MO WATER R KANWTR 12/37 FIXED OID 3.5     | CUSIP: 485116WH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2790000 | PA      | $2564398.93   | 0.19%             | 2037-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                               | KANSAS DEVELOPMENT FINANCE AUT KSSMED 11/54 ADJUSTABLE VAR    | CUSIP: 48542AFE6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3322235.40   | 0.25%             | 2054-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kay County Public Buildings Authority                                              | KAY COUNTY PUBLIC BUILDINGS AU KAYFAC 09/27 FIXED 5           | CUSIP: 486508AT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2081114.60   | 0.16%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County Public Hospital District #2                                            | KING COUNTY PUBLIC HOSPITAL DI KINMED 12/45 FIXED 5.25        | CUSIP: 494791UA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026993.20   | 0.08%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF KING WA SEWER REVENU KINUTL 07/49 FIXED 5                                | COUNTY OF KING WA SEWER REVENU KINUTL 07/49 FIXED 5           | CUSIP: 4952898R4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1951660.43   | 0.15%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Utility District #1 of Klickitat County                                     | KLICKITAT COUNTY PUBLIC UTILIT KLIPWR 12/32 FIXED 5           | CUSIP: 498622LF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $222734.04    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corporation                                | FLORIDA GULF COAST UNIVERSITY FGCHGR 02/28 FIXED 5            | CUSIP: 34073XJT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $422619.96    | 0.03%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corporation                                | FLORIDA GULF COAST UNIVERSITY FGCHGR 02/29 FIXED 5            | CUSIP: 34073XJU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $468145.52    | 0.04%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corporation                                | FLORIDA GULF COAST UNIVERSITY FGCHGR 02/30 FIXED 5            | CUSIP: 34073XJV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $480121.22    | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                                    | HALIFAX HOSPITAL MEDICAL CENTE HALMED 06/54 FIXED 5.25        | CUSIP: 405815LM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1487380.50   | 0.11%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hamden Town of                                                                     | TOWN OF HAMDEN CT HAM 01/50 FIXED 5                           | CUSIP: 4067927Y1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $897098.57    | 0.07%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamden Town of                                                                     | TOWN OF HAMDEN CT HAM 08/33 FIXED 5                           | CUSIP: 406793BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1557700.16   | 0.12%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMILTON COUNTY and CHATTANOOGA HAMFAC 12/50 FIXED 5.75                            | HAMILTON COUNTY and CHATTANOOGA HAMFAC 12/50 FIXED 5.75       | CUSIP: 407081AV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1949127.48   | 0.15%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HAMILTON COUNTY and CHATTANOOGA HAMFAC 12/55 FIXED 6                               | HAMILTON COUNTY and CHATTANOOGA HAMFAC 12/55 FIXED 6          | CUSIP: 407081AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $841645.50    | 0.06%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                              | COUNTY OF HAMILTON OH HAMMED 08/42 FIXED 5                    | CUSIP: 407272V34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3970000 | PA      | $3914603.02   | 0.30%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                              | COUNTY OF HAMILTON OH HAMMED 01/46 FIXED 5                    | CUSIP: 40727RBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $722826.41    | 0.05%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                              | COUNTY OF HAMILTON OH HAMMED 01/38 FIXED OID 5.25             | CUSIP: 40727RCJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519670.80    | 0.04%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                              | COUNTY OF HAMILTON OH HAMMED 01/43 FIXED OID 5.5              | CUSIP: 40727RCK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509055.20    | 0.04%             | 2043-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FA NHPFAC 01/32 FIXED 5                                | NEW HOPE CULTURAL EDUCATION FA NHPFAC 01/32 FIXED 5           | CUSIP: 64542PGA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5066623.50   | 0.38%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FA NHPFAC 10/30 FIXED 5.25                             | NEW HOPE CULTURAL EDUCATION FA NHPFAC 10/30 FIXED 5.25        | CUSIP: 64542UHH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1756135.68   | 0.13%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                          | NEW JERSEY ECONOMIC DEVELOPMEN NJSDEV 03/28 FIXED 5           | CUSIP: 64577XEQ5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2403631.59   | 0.18%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                          | NEW JERSEY ECONOMIC DEVELOPMEN NJSDEV 06/36 FIXED 5.25        | CUSIP: 64577XEY8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    955000 | PA      | $1056646.09   | 0.08%             | 2036-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                          | NEW JERSEY ECONOMIC DEVELOPMEN NJSDEV 06/37 FIXED 5.25        | CUSIP: 64577XEZ5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093772.80   | 0.08%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                          | NEW JERSEY ECONOMIC DEVELOPMEN NJSDEV 06/39 FIXED 5.25        | CUSIP: 64577XFB7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070781.20   | 0.08%             | 2039-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                          | NEW JERSEY ECONOMIC DEVELOPMEN NJSDEV 01/35 FIXED OID 6.375   | CUSIP: 64578TAA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3481200.84   | 0.26%             | 2035-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                              | NEW JERSEY HEALTH CARE FACILIT NJSMED 07/39 FIXED 5           | CUSIP: 64579F8G1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012053.20   | 0.15%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey State of                                                                | STATE OF NEW JERSEY NJS 06/27 FIXED 2                         | CUSIP: 646039YY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1121346.06   | 0.08%             | 2027-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Jersey State of                                                                | STATE OF NEW JERSEY NJS 06/29 FIXED 2                         | CUSIP: 646039ZA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1492193.22   | 0.11%             | 2029-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                        | NEW JERSEY EDUCATIONAL FACILIT NJSEDU 07/64 ADJUSTABLE VAR    | CUSIP: 646067KE7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5537887.88   | 0.42%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                     | NEW JERSEY TRANSPORTATION TRUS NJSTRN 06/29 FIXED 5           | CUSIP: 6461365S6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1833579.03   | 0.14%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                     | NEW JERSEY TRANSPORTATION TRUS NJSTRN 06/35 FIXED 4           | CUSIP: 6461367Z8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2146221.79   | 0.16%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                     | NEW JERSEY TRANSPORTATION TRUS NJSTRN 12/31 ZEROCPNOID 0      | CUSIP: 646136EU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    750000 | PA      | $608905.58    | 0.05%             | 2031-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                     | NEW JERSEY TRANSPORTATION TRUS NJSTRN 06/40 FIXED OID 4.25    | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1251096.13   | 0.09%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                     | NEW JERSEY TRANSPORTATION TRUS NJSTRN 06/30 FIXED 5           | CUSIP: 64613CDD7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $553232.15    | 0.04%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARBOR POINT INFRASTRUCTURE IM HRBIMP 04/39 FIXED 5                                | HARBOR POINT INFRASTRUCTURE IM HRBIMP 04/39 FIXED 5           | CUSIP: 41154VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3506189.05   | 0.27%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARLAN COMMUNITY SCHOOL DISTRI HARSCD 06/32 FIXED 4                                | HARLAN COMMUNITY SCHOOL DISTRI HARSCD 06/32 FIXED 4           | CUSIP: 412648EU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $536605.49    | 0.04%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                         | NEW ORLEANS AVIATION BOARD NEWTRN 01/41 FIXED 5               | CUSIP: 64763HKZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1494076.34   | 0.11%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                         | NEW ORLEANS AVIATION BOARD NEWTRN 10/48 FIXED 5               | CUSIP: 64763KAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990589.80    | 0.08%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corporation                                           | NEW YORK LIBERTY DEVELOPMENT C NYCDEV 11/34 FIXED 5.15        | CUSIP: 649519DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501938.50   | 0.19%             | 2034-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| New York City of                                                                   | CITY OF NEW YORK NY NYC 08/37 FIXED 4                         | CUSIP: 64966QPZ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1073321.04   | 0.08%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City of                                                                   | CITY OF NEW YORK NY NYC 03/50 FIXED 5                         | CUSIP: 64966QVW7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1388437.36   | 0.11%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                        | NEW YORK CITY INDUSTRIAL DEVEL NYCDEV 03/28 FIXED 5           | CUSIP: 64971PJY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $370537.37    | 0.03%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                        | NEW YORK CITY INDUSTRIAL DEVEL NYCDEV 03/45 FIXED 4           | CUSIP: 64971PLQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $849097.18    | 0.06%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARLAN COMMUNITY SCHOOL DISTRI HARSCD 06/33 FIXED 4                                | HARLAN COMMUNITY SCHOOL DISTRI HARSCD 06/33 FIXED 4           | CUSIP: 412648EV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $558122.13    | 0.04%             | 2033-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 02/35 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 02/35 FIXED OID 3       | CUSIP: 413906DK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926435.10    | 0.07%             | 2035-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 02/37 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 02/37 FIXED OID 3       | CUSIP: 413906DM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $981682.01    | 0.07%             | 2037-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No. 24                                    | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 03/32 FIXED OID 3       | CUSIP: 413934MA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981455.10    | 0.07%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No. 24                                    | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 03/34 FIXED OID 3       | CUSIP: 413934MC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955887.40    | 0.07%             | 2034-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH COUNTY INDUSTRIAL HILMED 08/50 FIXED 4                                | HILLSBOROUGH COUNTY INDUSTRIAL HILMED 08/50 FIXED 4           | CUSIP: 43233AFD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $1714185.72   | 0.13%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/28 FIXED 5                                | CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/28 FIXED 5           | CUSIP: 4423487W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4491143.80   | 0.34%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/47 FIXED 4                                | CITY OF HOUSTON TX AIRPORT SYS HOUAPT 07/47 FIXED 4           | CUSIP: 442349EC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $896392.39    | 0.07%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Howard County of                                                                   | COUNTY OF HOWARD MD HOW 08/37 FIXED 4                         | CUSIP: 44256PWD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001418.70   | 0.08%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MAREDU 09/32 FIXED 5.5         | CUSIP: 56681NGY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $980080.32    | 0.07%             | 2032-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MAREDU 09/45 FIXED 5.75        | CUSIP: 56681NGZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $945699.30    | 0.07%             | 2045-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MAREDU 07/34 FIXED OID 4       | CUSIP: 56681NHY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3640000 | PA      | $3525895.10   | 0.27%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                               | SALEM-KEIZER SCHOOL DISTRICT N MARSCD 06/29 ZEROCPNOID 0      | CUSIP: 569203PU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $981291.60    | 0.07%             | 2029-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing and Community Development                           | MARYLAND DEPARTMENT OF HOUSING MCDHSG 06/44 FIXED 5           | CUSIP: 57419UEA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025179.30   | 0.08%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF MARYLAND DEPARTMENT O MDSTRN 10/33 FIXED 3                                | STATE OF MARYLAND DEPARTMENT O MDSTRN 10/33 FIXED 3           | CUSIP: 574204R96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4755000 | PA      | $4557102.13   | 0.35%             | 2033-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corporation                                          | MARYLAND ECONOMIC DEVELOPMENT MDSDEV 07/31 FIXED 5.25         | CUSIP: 57420VSH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $525459.02    | 0.04%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corporation                                          | MARYLAND ECONOMIC DEVELOPMENT MDSDEV 07/32 FIXED 5.25         | CUSIP: 57420VSJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $548840.20    | 0.04%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corporation                                          | MARYLAND ECONOMIC DEVELOPMENT MDSDEV 07/33 FIXED 5.25         | CUSIP: 57420VSK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $516068.64    | 0.04%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/32 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/32 FIXED 5           | CUSIP: 214885DR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $601288.32    | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/33 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/33 FIXED 5           | CUSIP: 214885DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $772463.81    | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH SUBURBAN COLLEGE COMMUNI COOHGR 12/37 FIXED 5.25                             | SOUTH SUBURBAN COLLEGE COMMUNI COOHGR 12/37 FIXED 5.25        | CUSIP: 216093GK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1255820.45   | 0.10%             | 2037-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH SUBURBAN COLLEGE COMMUNI COOHGR 12/39 FIXED 5.25                             | SOUTH SUBURBAN COLLEGE COMMUNI COOHGR 12/39 FIXED 5.25        | CUSIP: 216093GL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1370413.57   | 0.10%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH SUBURBAN COLLEGE COMMUNI COOHGR 12/41 FIXED 5.25                             | SOUTH SUBURBAN COLLEGE COMMUNI COOHGR 12/41 FIXED 5.25        | CUSIP: 216093GM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1539337.77   | 0.12%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY COMMUNITY COLLEGE COOHGR 12/32 FIXED 3                                 | COOK COUNTY COMMUNITY COLLEGE COOHGR 12/32 FIXED 3            | CUSIP: 216142EF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1019472.45   | 0.08%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREEKWALK MARKETPLACE BUSINESS CRMGEN 12/54 FIXED 6                                | CREEKWALK MARKETPLACE BUSINESS CRMGEN 12/54 FIXED 6           | CUSIP: 225515AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1046473.20   | 0.08%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAKE HOUSTON REDEVELOPMENT AUT LKHDEV 09/33 FIXED 4                                | LAKE HOUSTON REDEVELOPMENT AUT LKHDEV 09/33 FIXED 4           | CUSIP: 51001QAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $164959.21    | 0.01%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority                                                | LANCASTER COUNTY HOSPITAL AUTH LANMED 07/45 FIXED OID 5       | CUSIP: 514045J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $272720.82    | 0.02%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority                                                | LANCASTER COUNTY HOSPITAL AUTH LANMED 07/37 FIXED 5.125       | CUSIP: 514045S46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $643859.58    | 0.05%             | 2037-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority                                                | LANCASTER COUNTY HOSPITAL AUTH LANMED 07/41 FIXED 5.25        | CUSIP: 514045S61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1313102.40   | 0.10%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority                                                | LANCASTER COUNTY HOSPITAL AUTH LANMED 11/30 FIXED 5           | CUSIP: 514045X73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2666338.90   | 0.20%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority                                                | LANCASTER COUNTY HOSPITAL AUTH LANMED 11/38 FIXED OID 5.125   | CUSIP: 514045X81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1095575.07   | 0.08%             | 2038-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/42 FIXED 5           | CUSIP: 57585BJA7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1125806.55   | 0.09%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                       | MASSACHUSETTS PORT AUTHORITY MASTRN 07/30 FIXED 5             | CUSIP: 575896UW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $426609.56    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                       | MASSACHUSETTS PORT AUTHORITY MASTRN 07/39 FIXED 5             | CUSIP: 575898DQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018194.60   | 0.08%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing Authority of Snohomish County                                              | SNOHOMISH COUNTY HOUSING AUTHO SNOHSG 04/44 FIXED 4           | CUSIP: 83309AFW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1085577.25   | 0.08%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                                 | DALLAS INDEPENDENT SCHOOL DIST DALSCD 02/55 ADJUSTABLE VAR    | CUSIP: 235308Q89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3395000 | PA      | $3726184.29   | 0.28%             | 2055-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE STATE ECONOMIC DEVELO DESFAC 11/38 FIXED 5                                | DELAWARE STATE ECONOMIC DEVELO DESFAC 11/38 FIXED 5           | CUSIP: 246371AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1567254.46   | 0.12%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSDEV 09/45 FIXED 5.5         | CUSIP: 837036GM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1077222.63   | 0.08%             | 2045-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Deleware Transportation Authority                                                  | DELAWARE TRANSPORTATION AUTHOR DESTRN 07/35 FIXED OID 3       | CUSIP: 246428F50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931700.40    | 0.07%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITY and COUNTY OF DENVER CO PLE DENGEN 08/38 FIXED 4                              | CITY and COUNTY OF DENVER CO PLE DENGEN 08/38 FIXED 4         | CUSIP: 24917DCK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996423.00   | 0.15%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                           | DENVER CONVENTION CENTER HOTEL DENFAC 12/33 FIXED 5           | CUSIP: 249189DM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1636220.57   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                           | DENVER CONVENTION CENTER HOTEL DENFAC 12/36 FIXED 5           | CUSIP: 249189DQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004419.10   | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit Michigan                                                           | CITY OF DETROIT MI DET 04/26 FIXED 5                          | CUSIP: 2510933Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $667015.14    | 0.05%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit Michigan                                                           | CITY OF DETROIT MI DET 04/30 FIXED 5                          | CUSIP: 2510934C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $861088.72    | 0.07%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit Michigan                                                           | CITY OF DETROIT MI DET 04/32 FIXED 5.5                        | CUSIP: 2510934E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $320883.48    | 0.02%             | 2032-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit Michigan                                                           | CITY OF DETROIT MI DET 04/33 FIXED 5.5                        | CUSIP: 2510934F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $508219.84    | 0.04%             | 2033-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit Michigan                                                           | CITY OF DETROIT MI DET 04/34 FIXED 5.5                        | CUSIP: 2510934G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $349433.14    | 0.03%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit Michigan                                                           | CITY OF DETROIT MI DET 04/39 FIXED 5.5                        | CUSIP: 2510934M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1345429.49   | 0.10%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| The District of Columbia Government of                                             | DISTRICT OF COLUMBIA DISREV 07/39 FIXED 4                     | CUSIP: 25483VWB6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1591088.80   | 0.12%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The District of Columbia Government of                                             | DISTRICT OF COLUMBIA DISREV 08/28 FIXED 5                     | CUSIP: 25483VZM9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101802.60   | 0.16%             | 2028-08-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The District of Columbia Government of                                             | DISTRICT OF COLUMBIA DISGEN 06/34 FIXED OID 5.125             | CUSIP: 254840EC1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5025298.50   | 0.38%             | 2034-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                      | DOYLESTOWN HOSPITAL AUTHORITY DOYMED 07/39 FIXED 5.375        | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1585342.20   | 0.12%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                              | DULUTH ECONOMIC DEVELOPMENT AU DULDEV 06/34 FIXED 4           | CUSIP: 26444CJG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $220204.05    | 0.02%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                              | DULUTH ECONOMIC DEVELOPMENT AU DULDEV 06/36 FIXED 4           | CUSIP: 26444CJJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $596691.31    | 0.05%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                              | DULUTH ECONOMIC DEVELOPMENT AU DULDEV 06/36 FIXED 4           | CUSIP: 26444CKC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $404175.68    | 0.03%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corporation                                      | DUTCHESS COUNTY LOCAL DEVELOPM DUTDEV 07/41 FIXED 4           | CUSIP: 267045GW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1807146.40   | 0.14%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corporation                                      | DUTCHESS COUNTY LOCAL DEVELOPM DUTDEV 07/44 FIXED 4           | CUSIP: 267045MJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $863605.60    | 0.07%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                        | DUVAL COUNTY PUBLIC SCHOOLS DUVEDU 07/30 FIXED 5              | CUSIP: 267169HD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553840.85    | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                        | DUVAL COUNTY PUBLIC SCHOOLS DUVEDU 07/31 FIXED 5              | CUSIP: 267169HE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $273176.90    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EDINA MN INDEP SCH DIST  273 EDINA ISD#273-A-REF                                   | EDINA MN INDEP SCH DIST  273 EDINA ISD#273-A-REF              | CUSIP: 280659WP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $186446.60    | 0.01%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| El Paso County Hospital District                                                   | EL PASO COUNTY HOSPITAL DISTRI ELPMED 02/40 FIXED 5           | CUSIP: 283590JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1207283.57   | 0.09%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Paso County Hospital District                                                   | EL PASO COUNTY HOSPITAL DISTRI ELPMED 02/43 FIXED 5.25        | CUSIP: 283590JU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2081150.00   | 0.16%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                            | ENERGY SOUTHEAST A COOPERATIVE ESDPWR 07/54 ADJUSTABLE VAR    | CUSIP: 292723BN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4125000 | PA      | $4428507.60   | 0.34%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                               | COUNTY OF FAIRFAX VA FAI 10/33 FIXED 4                        | CUSIP: 30382AFS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1543320.28   | 0.12%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ATLANTIC UNIVERSITY FI FAUFIN 07/35 FIXED 4                                | FLORIDA ATLANTIC UNIVERSITY FI FAUFIN 07/35 FIXED 4           | CUSIP: 31200CCZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1269759.62   | 0.10%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIDDLERS BUSINESS IMPROVEMENT FIDDEV 12/32 FIXED 5                                 | FIDDLERS BUSINESS IMPROVEMENT FIDDEV 12/32 FIXED 5            | CUSIP: 315730AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255220.38    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/33 FIXED 5                                 | AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/33 FIXED 5            | CUSIP: 05115CAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1873969.62   | 0.14%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/35 FIXED 5                                 | AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/35 FIXED 5            | CUSIP: 05115CAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555632.00   | 0.12%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/38 FIXED OID 4                             | AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/38 FIXED OID 4        | CUSIP: 05115CAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $143059.37    | 0.01%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/39 FIXED OID 4                             | AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/39 FIXED OID 4        | CUSIP: 05115CAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14135.60     | 0.00%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Adams County School District 1                                                     | ADAMS COUNTY SCHOOL DISTRICT N ADASCD 12/36 FIXED 5           | CUSIP: 00562SAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $954425.41    | 0.07%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams County School District 1                                                     | ADAMS COUNTY SCHOOL DISTRICT N ADASCD 12/37 FIXED 5           | CUSIP: 00562SAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1202629.23   | 0.09%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska State of                                                                    | STATE OF ALASKA AKS 08/35 FIXED 5                             | CUSIP: 0117706L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $919474.17    | 0.07%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albany County Airport Authority                                                    | ALBANY COUNTY AIRPORT AUTHORIT ALBAPT 12/26 FIXED 5           | CUSIP: 012123NK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $616114.08    | 0.05%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Houston Authority                                                          | PORT AUTHORITY OF HOUSTON OF H PRH 10/32 FIXED 5              | CUSIP: 7342605K4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1820490.70   | 0.14%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                 | PORT OF SEATTLE WA PTSGEN 08/41 FIXED 5                       | CUSIP: 735389V70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1586074.13   | 0.12%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSMED 02/33 FIXED 5           | CUSIP: 34061QBG1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057391.10   | 0.08%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSMED 08/41 FIXED 5           | CUSIP: 34061QCP0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1025822.96   | 0.08%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JH COLLATERAL                                                                      | JH COLLATERAL                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1118693 | NS      | $11190395.95  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 04/42 FIXED 5         | CUSIP: 97712JFD0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $984415.74    | 0.07%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 12/37 FIXED 5         | CUSIP: 97712JGK3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    800000 | PA      | $847907.52    | 0.06%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 08/30 FIXED OID 4     | CUSIP: 97712JJB0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1188084.48   | 0.09%             | 2030-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVE BLWPOL 06/55 ADJUSTABLE VAR                         | BALDWIN COUNTY INDUSTRIAL DEVE BLWPOL 06/55 ADJUSTABLE VAR    | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5507838.05   | 0.42%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE OF BEDFORD PARK IL HOT BEDGEN 12/40 FIXED 5                                | VILLAGE OF BEDFORD PARK IL HOT BEDGEN 12/40 FIXED 5           | CUSIP: 07638EBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $278201.49    | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 08/29 FIXED 4.4       | CUSIP: 97712JJG9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1450156.60   | 0.11%             | 2029-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 08/28 FIXED 4.2       | CUSIP: 97712JJH7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800020.40    | 0.06%             | 2028-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WOOD RANCH PUBLIC INFRASTRUCTU WDRDEV 12/53 FIXED 5.625                            | WOOD RANCH PUBLIC INFRASTRUCTU WDRDEV 12/53 FIXED 5.625       | CUSIP: 97850AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $480710.50    | 0.04%             | 2053-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WOODFORD COUNTY SCHOOL DISTRIC WOOEDU 08/31 FIXED 6                                | WOODFORD COUNTY SCHOOL DISTRIC WOOEDU 08/31 FIXED 6           | CUSIP: 979385NC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1155462.50   | 0.09%             | 2031-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Unified Government of Wyandotte County Kansas City Kansas                          | WYANDOTTE COUNTY-KANSAS CITY U WYAGEN 06/40 FIXED 4.5         | CUSIP: 982707AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $991931.43    | 0.08%             | 2040-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| YORK COUNTY ECONOMIC DEVELOPME YORPCR 05/33 ADJUSTABLE VAR                         | YORK COUNTY ECONOMIC DEVELOPME YORPCR 05/33 ADJUSTABLE VAR    | CUSIP: 98659AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $976612.32    | 0.07%             | 2033-05-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| VILLAGE OF BEDFORD PARK IL HOT BEDGEN 12/42 FIXED OID 4                            | VILLAGE OF BEDFORD PARK IL HOT BEDGEN 12/42 FIXED OID 4       | CUSIP: 07638EBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $179069.50    | 0.01%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Berks County Municipal Authority                                               | BERKS COUNTY MUNICIPAL AUTHORI BERFAC 06/39 FIXED 5           | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    518000 | PA      | $463565.04    | 0.04%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Berks County Municipal Authority                                               | BERKS COUNTY MUNICIPAL AUTHORI BERFAC 06/39 FIXED 7           | CUSIP: 084538JJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3093017.55   | 0.23%             | 2039-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| The Berks County Municipal Authority                                               | BERKS COUNTY MUNICIPAL AUTHORI BERFAC 06/44 INT APROID VAR    | CUSIP: 084538JL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1119617.20   | 0.08%             | 2044-06-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 12/34 FIXED 5           | CUSIP: 34061UDK1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    330000 | PA      | $337900.63    | 0.03%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 07/31 FIXED 5           | CUSIP: 34061UJR0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    285000 | PA      | $296796.92    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Water Works Board of the City of Birmingham                                    | WATER WORKS BOARD OF THE CITY BIRWTR 09/26 FIXED 3.75         | CUSIP: 091097AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2215072.87   | 0.17%             | 2026-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                     | BLACK BELT ENERGY GAS DISTRICT BBEUTL 07/52 ADJUSTABLE VAR    | CUSIP: 09182NCB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505638.80    | 0.04%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                              | YUMA AZ INDL DEV AUTH HOSP REV YUMA IND DEV-A-REF             | CUSIP: 988514DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $418035.80    | 0.03%             | 2054-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                     | BLACK BELT ENERGY GAS DISTRICT BBEUTL 06/49 ADJUSTABLE VAR    | CUSIP: 09182TCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061297.10   | 0.08%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                     | BLACK BELT ENERGY GAS DISTRICT BBEUTL 05/55 ADJUSTABLE VAR    | CUSIP: 09182TEV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4347458.45   | 0.33%             | 2056-05-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 07/42 FIXED 5           | CUSIP: 34061UJS8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    635000 | PA      | $604075.06    | 0.05%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 06/32 FIXED 3           | CUSIP: 34061XAD4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2738347.20   | 0.21%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 08/29 FIXED 5.25        | CUSIP: 34061XAE2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038521.80   | 0.08%             | 2029-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 07/32 ADJUSTABLE VAR    | CUSIP: 34061XAF9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010554.50   | 0.08%             | 2032-07-01      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation                                            | FLORIDA DEVELOPMENT FINANCE CO FLSDEV 10/54 ADJUSTABLE VAR    | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6213682.50   | 0.47%             | 2054-10-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FAC FLSHGR 04/30 FIXED 5                                | FLORIDA HIGHER EDUCATIONAL FAC FLSHGR 04/30 FIXED 5           | CUSIP: 34073TGD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $899052.64    | 0.07%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FAC FLSHGR 06/33 FIXED 4.5                              | FLORIDA HIGHER EDUCATIONAL FAC FLSHGR 06/33 FIXED 4.5         | CUSIP: 34073TKV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4035000 | PA      | $3819328.85   | 0.29%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FAC FLSHGR 12/49 FIXED OID 4                            | FLORIDA HIGHER EDUCATIONAL FAC FLSHGR 12/49 FIXED OID 4       | CUSIP: 34073TPL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1552686.84   | 0.12%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corporation                                | FLORIDA GULF COAST UNIVERSITY FGCHGR 02/27 FIXED 5            | CUSIP: 34073XJS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $828359.73    | 0.06%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gulfport City of                                                                   | CITY OF GULFPORT MS GULMED 07/39 FIXED 5.25                   | CUSIP: 402682CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $793272.90    | 0.06%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/30 FIXED OID 4                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/30 FIXED OID 4       | CUSIP: 41423LKU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $618362.10    | 0.05%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/31 FIXED OID 4.125                        | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/31 FIXED OID 4.125   | CUSIP: 41423LKV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $761545.54    | 0.06%             | 2031-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/32 FIXED 4.25                             | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/32 FIXED 4.25        | CUSIP: 41423LKW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $750632.36    | 0.06%             | 2032-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/33 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/33 FIXED OID 3       | CUSIP: 41423LPZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $880106.99    | 0.07%             | 2033-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/35 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/35 FIXED OID 3       | CUSIP: 41423LQB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1031258.57   | 0.08%             | 2035-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/33 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/33 FIXED OID 3       | CUSIP: 41423LRA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1410063.88   | 0.11%             | 2033-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/35 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 09/35 FIXED OID 3       | CUSIP: 41423LRC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1254850.03   | 0.10%             | 2035-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/32 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/32 FIXED OID 3       | CUSIP: 41423TMU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1622580.13   | 0.12%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/34 FIXED OID 3                            | HARRIS COUNTY MUNICIPAL UTILIT HARUTL 12/34 FIXED OID 3       | CUSIP: 41423TMW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1799454.15   | 0.14%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Howard County of                                                                   | COUNTY OF HOWARD MD HOW 02/44 FIXED 5                         | CUSIP: 442599AY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $338825.43    | 0.03%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                         | ILLINOIS FINANCE AUTHORITY ILSGEN 10/44 FIXED 5               | CUSIP: 45204FYU3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $459605.00    | 0.03%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 10/28 FIXED 5                           | CUSIP: 4521522L4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1870001.88   | 0.14%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 11/35 FIXED 4                           | CUSIP: 4521525Q0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1710799.83   | 0.13%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 10/39 FIXED OID 4                       | CUSIP: 4521527D7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2725418.10   | 0.21%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Bond Bank                                                                  | INDIANA BOND BANK INSBBK 07/36 FIXED 3                        | CUSIP: 45462TKJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $664550.41    | 0.05%             | 2036-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                          | INDIANA FINANCE AUTHORITY INSHGR 09/25 FIXED 5                | CUSIP: 45470EBS3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                         | INTERMOUNTAIN POWER AGENCY INTPWR 07/41 FIXED 5               | CUSIP: 45884AF73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025214.90   | 0.08%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                             | IOWA FINANCE AUTHORITY IASGEN 05/46 FIXED 4                   | CUSIP: 46247SBM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1204008.30   | 0.09%             | 2046-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Housing Authority                                                     | JACKSONVILLE HOUSING AUTHORITY JACHSG 02/34 FIXED 5           | CUSIP: 46940XAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2591976.28   | 0.20%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnston City of                                                                   | CITY OF JOHNSTON IA JOH 06/38 FIXED 3                         | CUSIP: 479370U22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $21376.79     | 0.00%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                        | KENTON CNTY KY ARPT BRD KENTON CNTY KY ARPT-A                 | CUSIP: 491026VS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319934.70    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBGEN 12/41 FIXED OID 4             | CUSIP: 74442PWM3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $613606.50    | 0.05%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBGEN 12/51 FIXED OID 4.25          | CUSIP: 74442PWN1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    400000 | PA      | $297602.76    | 0.02%             | 2051-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 07/31 FIXED 5                 | CUSIP: 74443DFJ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2959120.80   | 0.22%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 04/32 FIXED 5                 | CUSIP: 74443DHR5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1405085.36   | 0.11%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 05/42 FIXED 5.25              | CUSIP: 74443UBA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2490767.63   | 0.19%             | 2042-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 05/27 FIXED 2.875             | CUSIP: 74445MAB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2963669.70   | 0.22%             | 2027-05-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFAC 07/54 FIXED 4.25              | CUSIP: 74446DAJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $384618.50    | 0.03%             | 2054-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBPOL 10/46 ADJUSTABLE VAR          | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2538641.47   | 0.19%             | 2046-10-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBTRN 12/65 FIXED OID 5.75          | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5950000 | PA      | $5812720.41   | 0.44%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                        | COMMONWEALTH OF PUERTO RICO PRC 11/43 ADJUSTABLE VAR          | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   8982646 | PA      | $5636610.13   | 0.43%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE SEAPORT D MDCTRN 10/41 FIXED 4                                | COUNTY OF MIAMI-DADE SEAPORT D MDCTRN 10/41 FIXED 4           | CUSIP: 59335KDQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1875067.40   | 0.14%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE SEAPORT D MDCTRN 10/36 FIXED 5                                | COUNTY OF MIAMI-DADE SEAPORT D MDCTRN 10/36 FIXED 5           | CUSIP: 59335KET0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1366365.78   | 0.10%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE SEAPORT D MDCTRN 10/39 FIXED 5                                | COUNTY OF MIAMI-DADE SEAPORT D MDCTRN 10/39 FIXED 5           | CUSIP: 59335KEW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3050565.00   | 0.23%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                         | MICHIGAN FINANCE AUTHORITY MISFIN 02/32 FIXED 4               | CUSIP: 594479HN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    490000 | PA      | $481883.54    | 0.04%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                       | NORTHERN ILLINOIS UNIVERSITY NORHGR 04/28 FIXED 5             | CUSIP: 665245YE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $115230.54    | 0.01%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                       | WEST VIRGINIA ECONOMIC DEVELOP WVSDEV 04/36 ADJUSTABLE VAR    | CUSIP: 95648VBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011165.40   | 0.23%             | 2036-04-01      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                       | WEST VIRGINIA ECONOMIC DEVELOP WVSDEV 04/55 ADJUSTABLE VAR    | CUSIP: 95648VBV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1130730.26   | 0.09%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                           | WEST VIRGINIA HOSPITAL FINANCE WVSMED 06/41 FIXED 5           | CUSIP: 956622V76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $971451.97    | 0.07%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                           | WEST VIRGINIA HOSPITAL FINANCE WVSMED 09/40 FIXED OID 5       | CUSIP: 956622W42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1157246.44   | 0.09%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                           | WEST VIRGINIA HOSPITAL FINANCE WVSMED 09/53 FIXED OID 5.375   | CUSIP: 956622X33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2925000 | PA      | $3004641.32   | 0.23%             | 2053-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VILLAGE OF WESTCHESTER IL WTC 12/35 FIXED 5                                        | VILLAGE OF WESTCHESTER IL WTC 12/35 FIXED 5                   | CUSIP: 957399FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $874711.12    | 0.07%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE OF WESTCHESTER IL WTC 12/43 FIXED 5                                        | VILLAGE OF WESTCHESTER IL WTC 12/43 FIXED 5                   | CUSIP: 957399FZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507922.00    | 0.04%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTFIELD-WASHINGTON MULTI-SCH WESEDU 07/40 FIXED 5.25                             | WESTFIELD-WASHINGTON MULTI-SCH WESEDU 07/40 FIXED 5.25        | CUSIP: 96023PQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072417.10   | 0.08%             | 2040-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Whiting City of                                                                    | CITY OF WHITING IN WHGFAC 03/46 ADJUSTABLE VAR                | CUSIP: 96634RAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3956358.15   | 0.30%             | 2046-03-01      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Windsor Unified School District                                                    | WINDSOR UNIFIED SCHOOL DISTRIC WINSCD 08/46 FIXED 4           | CUSIP: 973517NX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2343231.79   | 0.18%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO and BOONE COUNTIES SCH WINSCD 02/32 FIXED 5                              | WINNEBAGO and BOONE COUNTIES SCH WINSCD 02/32 FIXED 5         | CUSIP: 974535ML7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3785328.40   | 0.29%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 07/35 FIXED 5.625     | CUSIP: 97671VCR4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    475000 | PA      | $491334.40    | 0.04%             | 2035-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCIN PRCGEN 07/40 FIXED 4.329                            | PUERTO RICO SALES TAX FINANCIN PRCGEN 07/40 FIXED 4.329       | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3264000 | PA      | $3020081.28   | 0.23%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| COUNTY OF PULASKI AR PULMED 03/35 FIXED 5                                          | COUNTY OF PULASKI AR PULMED 03/35 FIXED 5                     | CUSIP: 745392KA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091202.90   | 0.08%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 07/45 FIXED OID 6.375 | CUSIP: 97671VCS2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1047925.30   | 0.08%             | 2045-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 09/41 FIXED 4         | CUSIP: 97712JCL5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $860164.00    | 0.07%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 12/51 FIXED 4         | CUSIP: 97712JDS9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    250000 | PA      | $155942.18    | 0.01%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority                              | WISCONSIN HEALTH and EDUCATIONAL WISMED 12/56 FIXED 4         | CUSIP: 97712JDT7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    580000 | PA      | $347358.69    | 0.03%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Yonkers City of                                                                    | CITY OF YONKERS NY YON 11/28 FIXED 5                          | CUSIP: 986082U94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $222166.09    | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yonkers City of                                                                    | CITY OF YONKERS NY YON 11/30 FIXED 5                          | CUSIP: 986082V36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $89665.08     | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waynesville R-VI School District                                                   | WAYNESVILLE R-VI SCHOOL DISTRI PULEDU 04/34 FIXED 5           | CUSIP: 74549PAH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $410853.48    | 0.03%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENDEZVOUS RESIDENTIAL METROPO RENGEN 12/32 FIXED OID 2.25                         | RENDEZVOUS RESIDENTIAL METROPO RENGEN 12/32 FIXED OID 2.25    | CUSIP: 75969DAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $306215.14    | 0.02%             | 2032-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Salem Hospital Facility Authority                                                  | SALEM HOSPITAL FACILITY AUTHOR SALMED 05/53 FIXED 5           | CUSIP: 794458EY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $167239.20    | 0.01%             | 2053-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/37 FIXED 5            | CUSIP: 79467BCX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039550.50   | 0.08%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/39 FIXED 4            | CUSIP: 79467BCZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $524773.48    | 0.04%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio City of                                                                | CITY OF SAN ANTONIO TX SAN 08/35 FIXED 3                      | CUSIP: 79623PDC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1231738.11   | 0.09%             | 2035-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/54 FIXED 6.3                              | SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/54 FIXED 6.3         | CUSIP: 82652UAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1117480.96   | 0.08%             | 2054-06-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/34 FIXED 5                                | SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/34 FIXED 5           | CUSIP: 82652UAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513342.70    | 0.04%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/38 FIXED 5.5                               | SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/38 FIXED 5.5          | CUSIP: 830227EF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $317120.43    | 0.02%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/39 FIXED 5.5                               | SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/39 FIXED 5.5          | CUSIP: 830227EG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $346156.01    | 0.03%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/40 FIXED 5.5                               | SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/40 FIXED 5.5          | CUSIP: 830227EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $503905.54    | 0.04%             | 2040-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/41 FIXED 5.5                               | SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/41 FIXED 5.5          | CUSIP: 830227EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154456.68    | 0.01%             | 2041-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/42 FIXED 5.5                               | SKAGIT COUNTY PUBLIC HOSPITAL SKAMED 12/42 FIXED 5.5          | CUSIP: 830227EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204642.44    | 0.02%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health and Higher Educational Facilities Authority                        | MARYLAND HEALTH and HIGHER EDUCA MDSMED 07/43 FIXED 5         | CUSIP: 5742185F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1230169.28   | 0.09%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSPORTATI MASTRN 07/36 FIXED 4                                | MASSACHUSETTS BAY TRANSPORTATI MASTRN 07/36 FIXED 4           | CUSIP: 575579K97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2625632.85   | 0.20%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASFAC 07/35 FIXED 5.5         | CUSIP: 57563WAA6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003826.40   | 0.08%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                      | COMMONWEALTH OF MASSACHUSETTS MAS 09/43 FIXED 5.25            | CUSIP: 57582RUM6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2033127.91   | 0.15%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                      | COMMONWEALTH OF MASSACHUSETTS MAS 04/45 FIXED 5               | CUSIP: 57582TCN0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    900000 | PA      | $931878.27    | 0.07%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 10/37 FIXED 5           | CUSIP: 57584X4L2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015428.20   | 0.15%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/46 FIXED 5           | CUSIP: 57584XKB6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1102120.10   | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 12/41 FIXED 5           | CUSIP: 57584XNY3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2462052.78   | 0.19%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 09/36 FIXED OID 3       | CUSIP: 57584XPH8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     85000 | PA      | $75040.36     | 0.01%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/37 FIXED 5           | CUSIP: 57584Y4G1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    725000 | PA      | $747285.70    | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/52 FIXED OID 5       | CUSIP: 57584Y4J5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1001116.22   | 0.08%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/48 FIXED 5.25        | CUSIP: 57584Y4S5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1914679.20   | 0.14%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/54 FIXED 5           | CUSIP: 57584Y7Y9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    865000 | PA      | $868491.23    | 0.07%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/32 FIXED 5           | CUSIP: 57584YRV3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    570000 | PA      | $583363.31    | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 10/26 FIXED 8.5         | CUSIP: 57585BBJ6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005354.40   | 0.23%             | 2026-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 12/30 FIXED 5.25        | CUSIP: 57585BCY2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1402525.46   | 0.11%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 12/29 FIXED 5           | CUSIP: 57585BCZ9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    850000 | PA      | $851811.61    | 0.06%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/38 FIXED 5           | CUSIP: 57585BHW1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069712.00   | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/39 FIXED 5           | CUSIP: 57585BHX9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057530.90   | 0.08%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASFIN 01/49 FIXED 5           | CUSIP: 13048VGY8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516966.20   | 0.11%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago City of                                                                    | CITY OF CHICAGO IL CHI 01/31 FIXED 5                          | CUSIP: 167486D63<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038380.30   | 0.08%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago City of                                                                    | CITY OF CHICAGO IL CHI 01/29 FIXED 5                          | CUSIP: 167486G37<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4196866.80   | 0.32%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton Texas                                                               | CITY OF DENTON TX DNN 02/43 FIXED 5                           | CUSIP: 248866M69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1428778.39   | 0.11%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTERNATIONAL AI KENAPT 01/36 FIXED 5                                | GERALD R FORD INTERNATIONAL AI KENAPT 01/36 FIXED 5           | CUSIP: 373695BV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $763842.71    | 0.06%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTERNATIONAL AI KENAPT 01/41 FIXED 5                                | GERALD R FORD INTERNATIONAL AI KENAPT 01/41 FIXED 5           | CUSIP: 373695CA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1631132.16   | 0.12%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The City Of Glendale Arizona               | GLENDALE INDUSTRIAL DEVELOPMEN GLEDEV 05/39 FIXED 5           | CUSIP: 378287AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $2837442.74   | 0.21%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA METROPOLITAN DI GHMFAC 12/25 FIXED 5                                | GOLD HILL MESA METROPOLITAN DI GHMFAC 12/25 FIXED 5           | CUSIP: 38060PAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135717.58    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi State University Educational Building Corporation                      | MISSISSIPPI STATE UNIVERSITY E MSUFAC 08/41 FIXED 5           | CUSIP: 605699TN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1459848.95   | 0.11%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                               | MISSOURI JOINT MUNICIPAL ELECT MOSPWR 12/28 FIXED 5           | CUSIP: 606094DD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $808258.95    | 0.06%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                               | MISSOURI JOINT MUNICIPAL ELECT MOSPWR 12/31 FIXED 5           | CUSIP: 606094DG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1118329.50   | 0.08%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                               | MISSOURI JOINT MUNICIPAL ELECT MOSPWR 12/32 FIXED 5           | CUSIP: 606094DH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $561261.25    | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                               | MISSOURI JOINT MUNICIPAL ELECT MOSPWR 12/34 FIXED 5           | CUSIP: 606094DK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $807540.09    | 0.06%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health and Educational Facilities Authority of the State of Missouri               | HEALTH and EDUCATIONAL FACILITIE MOSMED 02/42 FIXED 5         | CUSIP: 60635H2S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $242190.05    | 0.02%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                 | MISSOURI DEVELOPMENT FINANCE B MOSDEV 06/28 FIXED 5           | CUSIP: 60636SKZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1334309.25   | 0.10%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                 | MISSOURI DEVELOPMENT FINANCE B MOSDEV 05/31 FIXED 5           | CUSIP: 60636VCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $1053890.35   | 0.08%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                 | MISSOURI DEVELOPMENT FINANCE B MOSDEV 05/32 FIXED 5           | CUSIP: 60636VCQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1248206.96   | 0.09%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health and Educational Facilities Authority of the State of Missouri               | HEALTH and EDUCATIONAL FACILITIE MOSMED 12/48 FIXED 5.5       | CUSIP: 60637AWK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034635.80   | 0.08%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MONROE and ST CLAIR COUNTIES COM MONSCD 07/40 FIXED 5.5                            | MONROE and ST CLAIR COUNTIES COM MONSCD 07/40 FIXED 5.5       | CUSIP: 610251EM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001368.40   | 0.15%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 03/37 FIXED 4           | CUSIP: 64990FZS6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2273068.06   | 0.17%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 10/38 FIXED 5           | CUSIP: 65000B7Q5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2188274.04   | 0.17%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corporation                                               | EMPIRE STATE DEVELOPMENT CORP NYSDEV 03/31 FIXED 5            | CUSIP: 650036BS4<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1920495.17   | 0.15%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation                                    | NEW YORK TRANSPORTATION DEVELO NYTTRN 01/36 FIXED OID 4       | CUSIP: 650116CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1866975.80   | 0.14%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation                                    | NEW YORK TRANSPORTATION DEVELO NYTTRN 12/25 FIXED 5           | CUSIP: 650116DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105122.92   | 0.08%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation                                    | NEW YORK TRANSPORTATION DEVELO NYTTRN 08/26 FIXED 2.25        | CUSIP: 650116EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $39487.12     | 0.00%             | 2026-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Newark Higher Education Finance Corporation                                        | NEWARK HIGHER EDUCATION FINANC NEWEDU 08/29 FIXED OID 4.375   | CUSIP: 650346DA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1729911.60   | 0.13%             | 2029-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEWPORT NEWS ECONOMIC DEVELOPM NEWDEV 12/31 FIXED 5                                | NEWPORT NEWS ECONOMIC DEVELOPM NEWDEV 12/31 FIXED 5           | CUSIP: 65225PAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004647.60   | 0.15%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yonkers City of                                                                    | CITY OF YONKERS NY YON 11/31 FIXED 5                          | CUSIP: 986082V44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $339336.54    | 0.03%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                               | ALASKA MUNICIPAL BOND BANK AUT AKMBBK 12/42 FIXED OID 4.25    | CUSIP: 01179R2V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2000723.50   | 0.15%             | 2042-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                               | ALASKA MUNICIPAL BOND BANK AUT AKMBBK 12/47 FIXED 5.25        | CUSIP: 01179R4H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1354899.83   | 0.10%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF ALBUQUERQUE NM TRANSPO ALBTRN 07/33 FIXED 4                                | CITY OF ALBUQUERQUE NM TRANSPO ALBTRN 07/33 FIXED 4           | CUSIP: 013654AP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018503.20   | 0.08%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alief Independent School District                                                  | ALIEF INDEPENDENT SCHOOL DISTR ALFSCD 02/42 FIXED OID 4       | CUSIP: 016249WC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931624.90    | 0.07%             | 2042-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                 | ALLEGHENY COUNTY AIRPORT AUTHO ALLAPT 01/44 FIXED 5.25        | CUSIP: 01728LKW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4340416.63   | 0.33%             | 2044-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                 | ALLEGHENY COUNTY AIRPORT AUTHO ALLAPT 01/45 FIXED 5.25        | CUSIP: 01728LKX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3995000 | PA      | $4065635.20   | 0.31%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                               | ALLEGHENY COUNTY HIGHER EDUCAT ALLHGR 03/34 FIXED 5           | CUSIP: 01728RPJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $703201.86    | 0.05%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                               | ALLEGHENY COUNTY HIGHER EDUCAT ALLHGR 03/43 FIXED 5           | CUSIP: 01728RPZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2131238.34   | 0.16%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Authority                          | ALLENTOWN COMMERCIAL AND INDUS ALTDEV 06/33 FIXED OID 5       | CUSIP: 01843AAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2927140.43   | 0.22%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alpine School District                                                             | ALPINE SCHOOL DISTRICT/UT ALPSCD 03/34 FIXED 3                | CUSIP: 021087WL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1632409.09   | 0.12%             | 2034-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                           | ARIZONA INDUSTRIAL DEVELOPMENT AZSEDU 07/61 FIXED 4           | CUSIP: 04052BQH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $384127.70    | 0.03%             | 2061-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                           | ARIZONA INDUSTRIAL DEVELOPMENT AZSEDU 07/33 FIXED 4.43        | CUSIP: 04052BTB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $842772.71    | 0.06%             | 2033-07-01      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                           | ARIZONA INDUSTRIAL DEVELOPMENT AZSEDU 07/43 FIXED OID 5       | CUSIP: 04052BTC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $695401.05    | 0.05%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                           | ARIZONA INDUSTRIAL DEVELOPMENT AZSEDU 11/44 FIXED 5           | CUSIP: 04052FAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971546.30    | 0.07%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS DEVELOPMENT FINANCE A ARSDEV 07/48 FIXED 6.875       | CUSIP: 04108WCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529042.70    | 0.04%             | 2048-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS DEVELOPMENT FINANCE A ARSDEV 07/48 ADJ CNVFIX 7.375  | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2691316.00   | 0.20%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS ST DEV FIN AUTH HOSP AR DEV FIN AUTH                 | CUSIP: 04109FCC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511698.00    | 0.04%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS ST DEV FIN AUTH HOSP AR DEV FIN AUTH                 | CUSIP: 04109FCE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262713.18    | 0.02%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                             | ARKANSAS ST DEV FIN AUTH HOSP AR DEV FIN AUTH                 | CUSIP: 04109FCF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528370.15    | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington County of                                                                | COUNTY OF ARLINGTON VA ARL 06/36 FIXED 5                      | CUSIP: 041431XG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2629730.88   | 0.20%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Athens Housing Authority                                                           | ATHENS HOUSING AUTHORITY ATHHSG 06/49 FIXED OID 4             | CUSIP: 047093JD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $546637.71    | 0.04%             | 2049-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                             | COUNTY OF BALTIMORE MD BAL 07/44 FIXED 5                      | CUSIP: 05914GHT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6945000 | PA      | $7218720.51   | 0.55%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bismarck City of                                                                   | CITY OF BISMARCK ND BIS 05/35 FIXED OID 3                     | CUSIP: 0915822V7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $297171.28    | 0.02%             | 2035-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCIN PRCGEN 07/34 FIXED OID 4.5                          | PUERTO RICO SALES TAX FINANCIN PRCGEN 07/34 FIXED OID 4.5     | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $1999872.40   | 0.15%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCIN PRCGEN 07/31 ZEROCPNOID 0                           | PUERTO RICO SALES TAX FINANCIN PRCGEN 07/31 ZEROCPNOID 0      | CUSIP: 74529JQE8<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2989000 | PA      | $2400444.08   | 0.18%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCIN PRCGEN 07/51 ZEROCPNOID 0                           | PUERTO RICO SALES TAX FINANCIN PRCGEN 07/51 ZEROCPNOID 0      | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1400000 | PA      | $324329.46    | 0.02%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCIN PRCGEN 07/40 FIXED 4.329                            | PUERTO RICO SALES TAX FINANCIN PRCGEN 07/40 FIXED 4.329       | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1736000 | PA      | $1606268.72   | 0.12%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/42 FIXED OID 4        | CUSIP: 79467BFA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1806600.12   | 0.14%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/35 FIXED 5            | CUSIP: 79467BGH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1321933.63   | 0.10%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/37 FIXED 5            | CUSIP: 79467BGK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043396.10   | 0.08%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/37 FIXED 5            | CUSIP: 79467BHC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1400207.26   | 0.11%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/38 FIXED 5            | CUSIP: 79467BHD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1472465.94   | 0.11%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation                                               | SALES TAX SECURITIZATION CORP STSGEN 01/39 FIXED 5            | CUSIP: 79467BHE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1598803.94   | 0.12%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SALT LAKE CITY UT AIRP SALAPT 07/36 FIXED 5                                | CITY OF SALT LAKE CITY UT AIRP SALAPT 07/36 FIXED 5           | CUSIP: 795576JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076744.00   | 0.16%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SALT LAKE CITY UT AIRP SALAPT 07/36 FIXED 5.25                             | CITY OF SALT LAKE CITY UT AIRP SALAPT 07/36 FIXED 5.25        | CUSIP: 795576LT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1836939.59   | 0.14%             | 2036-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement and Power District                     | SALT RIVER PROJECT AGRICULTURA SALAGR 01/39 FIXED 5           | CUSIP: 79574CCY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $981366.62    | 0.07%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corporation                                                   | SALT VERDE FINANCIAL CORP SLTPWR 12/37 FIXED OID 5            | CUSIP: 79575EAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1677416.48   | 0.13%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City Public Service Board of San Antonio                                           | CITY OF SAN ANTONIO TX ELECTRI SANUTL 02/44 FIXED 5           | CUSIP: 79625GBA0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3838905.92   | 0.29%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                          | SAN BERNARDINO COMMUNITY COLLE SBDHGR 08/33 ZEROCPNOID 0      | CUSIP: 796720GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1475244.93   | 0.11%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY and COUNTY OF SAN FRANCISCO SFOFAC 09/42 FIXED 5                              | CITY and COUNTY OF SAN FRANCISCO SFOFAC 09/42 FIXED 5         | CUSIP: 79772EFL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1351464.27   | 0.10%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCAGO PUBLIC FACILITIES CORP F SCAFAC 06/40 FIXED 5                                | SCAGO PUBLIC FACILITIES CORP F SCAFAC 06/40 FIXED 5           | CUSIP: 80586ABH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047577.80   | 0.08%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCHENECTADY COUNTY CAPITAL RES SCHDEV 07/32 FIXED 5                                | SCHENECTADY COUNTY CAPITAL RES SCHDEV 07/32 FIXED 5           | CUSIP: 806418BE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $113300.86    | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SEATTLE WA MUNICIPAL L SEAPWR 07/38 FIXED 4                                | CITY OF SEATTLE WA MUNICIPAL L SEAPWR 07/38 FIXED 4           | CUSIP: 812643WE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $704074.26    | 0.05%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/34 FIXED 5.375                            | SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/34 FIXED 5.375       | CUSIP: 82652UAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $341311.48    | 0.03%             | 2034-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/44 FIXED 6                                | SIERRA VISTA INDUSTRIAL DEVELO SIEDEV 06/44 FIXED 6           | CUSIP: 82652UAN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550111.38    | 0.04%             | 2044-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA ST JOBS ECON DE SC JOBS-ECON DEV A-A           | CUSIP: 837032BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2651253.50   | 0.20%             | 2040-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSHSG 04/27 FIXED 5           | CUSIP: 83704CAQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1577291.24   | 0.12%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSHSG 04/30 FIXED 5           | CUSIP: 83704CAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1972302.94   | 0.15%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSPOL 06/40 FIXED 6.25        | CUSIP: 83704DAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $110000.00    | 0.01%             | 2040-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSPOL 06/51 FIXED 6.5         | CUSIP: 83704DAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $440000.00    | 0.03%             | 2051-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                      | TEXAS WATER DEVELOPMENT BOARD TXSWTR 10/34 FIXED 3            | CUSIP: 8828544M1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1488459.74   | 0.11%             | 2034-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                      | TEXAS WATER DEVELOPMENT BOARD TXSWTR 10/42 FIXED 4.75         | CUSIP: 88285ABG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507297.50    | 0.04%             | 2042-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                      | TEXAS WATER DEVELOPMENT BOARD TXSWTR 10/48 FIXED 4.875        | CUSIP: 88285ADS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5044426.00   | 0.38%             | 2048-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                      | TEXAS WATER DEVELOPMENT BOARD TXSWTR 10/43 FIXED 4            | CUSIP: 88285AFU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $826789.05    | 0.06%             | 2043-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Regional Wastewater Authority                                         | THREE RIVERS REGIONAL WASTEWAT TRRUTL 09/43 FIXED OID 4       | CUSIP: 885754AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $820863.63    | 0.06%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corporation                                           | TOBACCO SETTLEMENT FINANCING C TOBGEN 06/46 FIXED 5           | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2085542.08   | 0.16%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corporation                                           | TOBACCO SETTLEMENT FINANCING C TOBGEN 06/45 FIXED OID 4.5     | CUSIP: 888809BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1186139.68   | 0.09%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRAILS AT CROWFOOT METROPOLITA TRCFAC 12/39 FIXED 5                                | TRAILS AT CROWFOOT METROPOLITA TRCFAC 12/39 FIXED 5           | CUSIP: 89286RAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $619650.18    | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                  | TULSA COUNTY INDUSTRIAL AUTHOR TULIND 11/37 FIXED 5.25        | CUSIP: 899530AY5<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002626.60   | 0.08%             | 2037-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                  | TULSA COUNTY INDUSTRIAL AUTHOR TULIND 11/45 FIXED 5.25        | CUSIP: 899530BA6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    490000 | PA      | $466702.46    | 0.04%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TULSA AUTHORITY FOR ECONOMIC O TUADEV 12/43 FIXED OID 4                            | TULSA AUTHORITY FOR ECONOMIC O TUADEV 12/43 FIXED OID 4       | CUSIP: 899650AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $834250.10    | 0.06%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TULSA MUNICIPAL AIRPORT TRUST TULAPT 12/35 FIXED 6.25                              | TULSA MUNICIPAL AIRPORT TRUST TULAPT 12/35 FIXED 6.25         | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2650112.16   | 0.20%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNION COUNTY HOSPITAL FACILITY UNIMED 07/28 FIXED 5                                | UNION COUNTY HOSPITAL FACILITY UNIMED 07/28 FIXED 5           | CUSIP: 906420BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31357.66     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION COUNTY HOSPITAL FACILITY UNIMED 07/29 FIXED 5                                | UNION COUNTY HOSPITAL FACILITY UNIMED 07/29 FIXED 5           | CUSIP: 906420BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $195437.05    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION COUNTY HOSPITAL FACILITY UNIMED 07/40 FIXED 5                                | UNION COUNTY HOSPITAL FACILITY UNIMED 07/40 FIXED 5           | CUSIP: 906420CE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993077.00    | 0.08%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION COUNTY HOSPITAL FACILITY UNIMED 07/42 FIXED 5                                | UNION COUNTY HOSPITAL FACILITY UNIMED 07/42 FIXED 5           | CUSIP: 906420CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $490584.32    | 0.04%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                  | UPPER ILLINOIS RIVER VALLEY DE UPIDEV 01/55 FIXED 5           | CUSIP: 91588XAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $533585.31    | 0.04%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY UTSFAC 10/44 FIXED 4                                    | UTAH INFRASTRUCTURE AGENCY UTSFAC 10/44 FIXED 4               | CUSIP: 917466DR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $883121.30    | 0.07%             | 2044-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY UTSFAC 10/27 FIXED 4                                    | UTAH INFRASTRUCTURE AGENCY UTSFAC 10/27 FIXED 4               | CUSIP: 917467BS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1133989.25   | 0.09%             | 2027-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Valparaiso City of                                                                 | CITY OF VALPARAISO IN VLPFAC 01/44 FIXED 4.875                | CUSIP: 92028RAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $473409.05    | 0.04%             | 2044-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Warren County of                                                                   | COUNTY OF WARREN MS WARIMP 09/32 FIXED 4                      | CUSIP: 935031AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015164.20   | 0.08%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Warren                                                                   | WARREN CNTY OH HOSP FACS REVEN WARREN CO-A-REV-REF            | CUSIP: 935158BD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $480421.80    | 0.04%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                | STATE OF WASHINGTON WAS 06/47 FIXED 5                         | CUSIP: 93974EM45<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1628608.64   | 0.12%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yonkers City of                                                                    | CITY OF YONKERS NY YON 11/32 FIXED 5                          | CUSIP: 986082V51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $284858.88    | 0.02%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESS RANCH METROPOLITAN DISTRI HSRDEV 12/43 FIXED 6.5                              | HESS RANCH METROPOLITAN DISTRI HSRDEV 12/43 FIXED 6.5         | CUSIP: 428111AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $367819.96    | 0.03%             | 2043-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HIGHWAY 380 MUNICIPAL MANAGEME HMMGEN 05/37 FIXED OID 3                            | HIGHWAY 380 MUNICIPAL MANAGEME HMMGEN 05/37 FIXED OID 3       | CUSIP: 43124ARP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $959322.33    | 0.07%             | 2037-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/47 FIXED 4.825                            | LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/47 FIXED 4.825       | CUSIP: 524292BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1322399.66   | 0.10%             | 2047-08-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/35 FIXED 5                                | NORTHLAKE MUNICIPAL MANAGEMENT NMMGEN 03/35 FIXED 5           | CUSIP: 66649UBM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $757537.71    | 0.06%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Harris County Municipal Utility District 5                               | NORTHWEST HARRIS COUNTY MUNICI NORUTL 05/32 FIXED 4           | CUSIP: 667488XU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1074106.37   | 0.08%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northwest Harris County Municipal Utility District 5                               | NORTHWEST HARRIS COUNTY MUNICI NORUTL 05/33 FIXED 4           | CUSIP: 667488XV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $766304.73    | 0.06%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northwest Harris County Municipal Utility District 5                               | NORTHWEST HARRIS COUNTY MUNICI NORUTL 05/34 FIXED 4           | CUSIP: 667488XW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1063434.72   | 0.08%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio County of                                                                     | COUNTY OF OHIO WV OHSDEV 06/33 FIXED 5                        | CUSIP: 677321BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $420477.60    | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LENOIR CITY TN ELECTRI LENPWR 06/36 FIXED 4                                | CITY OF LENOIR CITY TN ELECTRI LENPWR 06/36 FIXED 4           | CUSIP: 526138MR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496909.25    | 0.04%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LENOIR CITY TN ELECTRI LENPWR 06/37 FIXED 4                                | CITY OF LENOIR CITY TN ELECTRI LENPWR 06/37 FIXED 4           | CUSIP: 526138MS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492212.00    | 0.04%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village of Lincolnwood Illinois                                                    | VILLAGE OF LINCOLNWOOD IL LWDGEN 01/41 FIXED 4.82             | CUSIP: 53509AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5790000 | PA      | $5514206.09   | 0.42%             | 2041-01-01      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| CITY OF LOS ANGELES DEPARTMENT LOSAPT 05/33 FIXED 5                                | CITY OF LOS ANGELES DEPARTMENT LOSAPT 05/33 FIXED 5           | CUSIP: 5444452N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5470435.50   | 0.41%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LOS ANGELES DEPARTMENT LOSAPT 05/34 FIXED 5                                | CITY OF LOS ANGELES DEPARTMENT LOSAPT 05/34 FIXED 5           | CUSIP: 5444452P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095245.10   | 0.08%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                      | LOUDOUN COUNTY ECONOMIC DEVELO LDNDEV 12/36 FIXED 3           | CUSIP: 54589SGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2926526.13   | 0.22%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOUISA INDUSTRIAL DEVELOPMENT LOUPOL 11/35 ADJUSTABLE VAR                          | LOUISA INDUSTRIAL DEVELOPMENT LOUPOL 11/35 ADJUSTABLE VAR     | CUSIP: 546068AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017304.50   | 0.08%             | 2035-11-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Auth | LOUISIANA LOCAL GOVERNMENT ENV LASFAC 08/32 FIXED 5           | CUSIP: 546275AH1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   4545000 | PA      | $4682855.30   | 0.35%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Auth | LOUISIANA LOCAL GOVERNMENT ENV LASFAC 11/32 FIXED 3.5         | CUSIP: 54628CDX7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   5085000 | PA      | $4903789.41   | 0.37%             | 2032-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Auth | LOUISIANA LOCAL GOVERNMENT ENV LASFAC 06/53 FIXED OID 6.375   | CUSIP: 54628CG55<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3320393.30   | 0.25%             | 2053-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STATE OF LOUISIANA GASOLINE and LASGEN 05/41 FIXED 3                               | STATE OF LOUISIANA GASOLINE and LASGEN 05/41 FIXED 3          | CUSIP: 546475VA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1159290.70   | 0.09%             | 2041-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority Employees' United C                                 | LOWER COLORADO RIVER AUTHORITY LWCGEN 05/48 FIXED 5.25        | CUSIP: 54811BH46<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022588.00   | 0.08%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority Employees' United C                                 | LOWER COLORADO RIVER AUTHORITY LWCGEN 05/44 FIXED 5           | CUSIP: 54811BTA9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989930.80    | 0.07%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 05/35 FIXED 5              | CUSIP: 56035DBQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $307649.75    | 0.02%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 05/43 FIXED 5              | CUSIP: 56035DBV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $708462.64    | 0.05%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 07/53 ADJUSTABLE VAR       | CUSIP: 56035DFC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2912232.95   | 0.22%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 09/53 ADJUSTABLE VAR       | CUSIP: 56035DFK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $796088.85    | 0.06%             | 2053-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 12/53 ADJUSTABLE VAR       | CUSIP: 56035DGB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4780000 | PA      | $5117094.68   | 0.39%             | 2053-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 04/54 ADJUSTABLE VAR       | CUSIP: 56035DHZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4794733.35   | 0.36%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MARMED 09/36 FIXED 5           | CUSIP: 56678PBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $583704.99    | 0.04%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MARMED 09/37 FIXED 4           | CUSIP: 56678PBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $499668.71    | 0.04%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MARMED 12/39 FIXED 5           | CUSIP: 56678PCF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2450621.99   | 0.19%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MAREDU 07/31 FIXED 4           | CUSIP: 56681NGJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $247570.90    | 0.02%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The County Of Maricopa                     | MARICOPA COUNTY INDUSTRIAL DEV MAREDU 07/26 FIXED 2.1         | CUSIP: 56681NGV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $269419.40    | 0.02%             | 2026-07-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                         | MARYLAND STADIUM AUTHORITY MDSEDU 06/27 FIXED 5               | CUSIP: 574294AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $883475.64    | 0.07%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maui County of                                                                     | COUNTY OF MAUI HI MAU 09/37 FIXED 5                           | CUSIP: 577286BH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $610551.15    | 0.05%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County of                                                               | MONTGOMERY CNTY OH HLTH CARE F MONTGOMERY CO-REF              | CUSIP: 613518DE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $369878.08    | 0.03%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County of                                                               | MONTGOMERY CNTY OH HLTH CARE F MONTGOMERY CO-REF              | CUSIP: 613518DF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $408984.60    | 0.03%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF BURLINGTON VT AIRPORT BURTRN 07/28 FIXED 5                                 | CITY OF BURLINGTON VT AIRPORT BURTRN 07/28 FIXED 5            | CUSIP: 122064DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $568034.80    | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AU CDAHSG 04/57 FIXED OID 3.25                         | CSCDA COMMUNITY IMPROVEMENT AU CDAHSG 04/57 FIXED OID 3.25    | CUSIP: 126292BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $291618.13    | 0.02%             | 2057-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CABOT CITRUS FARMS COMMUNITY D CCFDEV 03/29 FIXED 5.25                             | CABOT CITRUS FARMS COMMUNITY D CCFDEV 03/29 FIXED 5.25        | CUSIP: 127052AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517522.55   | 0.11%             | 2029-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 10/52 ADJUSTABLE VAR                         | CALIFORNIA COMMUNITY CHOICE FI CCEDEV 10/52 ADJUSTABLE VAR    | CUSIP: 13013JAX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2174064.09   | 0.16%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 01/54 ADJUSTABLE VAR                         | CALIFORNIA COMMUNITY CHOICE FI CCEDEV 01/54 ADJUSTABLE VAR    | CUSIP: 13013JCM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5046752.16   | 0.38%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 05/54 ADJUSTABLE VAR                         | CALIFORNIA COMMUNITY CHOICE FI CCEDEV 05/54 ADJUSTABLE VAR    | CUSIP: 13013JCS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3772408.11   | 0.29%             | 2054-05-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 01/55 ADJUSTABLE VAR                         | CALIFORNIA COMMUNITY CHOICE FI CCEDEV 01/55 ADJUSTABLE VAR    | CUSIP: 13013JEA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6784457.55   | 0.51%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 02/55 ADJUSTABLE VAR                         | CALIFORNIA COMMUNITY CHOICE FI CCEDEV 02/55 ADJUSTABLE VAR    | CUSIP: 13013JEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5358081.00   | 0.41%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| The California County Tobacco Securitization Agency                                | CALIFORNIA COUNTY TOBACCO SECU CASGEN 06/40 FIXED 5           | CUSIP: 13016NEC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950527.00    | 0.07%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                   | CALIFORNIA HEALTH FACILITIES F CASMED 11/29 FIXED 5           | CUSIP: 13032UK23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    180000 | PA      | $192859.97    | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                   | CALIFORNIA HEALTH FACILITIES F CASMED 11/30 FIXED 5           | CUSIP: 13032UK31<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    135000 | PA      | $145899.63    | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Campbell County of                                                                 | COUNTY OF CAMPBELL WY CAMUTL 07/39 FIXED 3.625                | CUSIP: 134340AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $4330297.38   | 0.33%             | 2039-07-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Charlotte City of                                                                  | CITY OF CHARLOTTE NC CHA 07/36 FIXED 5                        | CUSIP: 161035NC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1713219.14   | 0.13%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                        | VIRGINIA SMALL BUSINESS FINANC VBFMED 12/41 FIXED 4           | CUSIP: 928103AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $890210.10    | 0.07%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                        | VIRGINIA SMALL BUSINESS FINANC VASDEV 01/36 FIXED 4           | CUSIP: 928104NU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2936633.10   | 0.22%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                        | VIRGINIA SMALL BUSINESS FINANC VASDEV 01/40 FIXED 4           | CUSIP: 928104NY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $40869.94     | 0.00%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                        | VIRGINIA SMALL BUSINESS FINANC VASDEV 01/39 FIXED 4           | CUSIP: 928104PQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $129210.51    | 0.01%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL WASTEWATER CHIUTL 01/38 FIXED 5                                 | CITY OF CHICAGO IL WASTEWATER CHIUTL 01/38 FIXED 5            | CUSIP: 167727J23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072388.80   | 0.08%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL WASTEWATER CHIUTL 01/39 FIXED 5                                 | CITY OF CHICAGO IL WASTEWATER CHIUTL 01/39 FIXED 5            | CUSIP: 167727J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $239030.39    | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                             | COUNTY OF CLARK DEPARTMENT OF CLAAPT 07/26 FIXED 5            | CUSIP: 18085PSZ8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018919.10   | 0.08%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                           | CLEVELAND-CUYAHOGA COUNTY PORT CLETRN 07/51 FIXED 4           | CUSIP: 18610PBR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $721447.45    | 0.05%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cleveland City of                                                                  | CITY OF CLEVELAND OH CLE 12/47 FIXED 5                        | CUSIP: 1863433V9<br>LEI: 549300IQSLQPCVVMKJ96 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014622.70   | 0.08%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINAN CLIEDU 08/42 FIXED 4                                | CLIFTON HIGHER EDUCATION FINAN CLIEDU 08/42 FIXED 4           | CUSIP: 187145QE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $709080.61    | 0.05%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINAN CLIEDU 08/38 FIXED 5                                | CLIFTON HIGHER EDUCATION FINAN CLIEDU 08/38 FIXED 5           | CUSIP: 187145SR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $942920.46    | 0.07%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                    | COLLIER COUNTY INDUSTRIAL DEVE COLDEV 10/54 ADJUSTABLE VAR    | CUSIP: 194641BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1342610.38   | 0.10%             | 2054-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                    | COLLIER COUNTY INDUSTRIAL DEVE COLDEV 10/54 ADJUSTABLE VAR    | CUSIP: 194641BE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1307704.44   | 0.10%             | 2054-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE ENTERPRISE COSTRN 12/26 FIXED 4                                    | COLORADO BRIDGE ENTERPRISE COSTRN 12/26 FIXED 4               | CUSIP: 19633SAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3950000 | PA      | $3990988.36   | 0.30%             | 2026-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE and TUNNEL ENTER CBTTRN 12/44 FIXED 5                              | COLORADO BRIDGE and TUNNEL ENTER CBTTRN 12/44 FIXED 5         | CUSIP: 19633TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021446.40   | 0.08%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority                             | COLORADO EDUCATIONAL and CULTURA COSEDU 06/35 FIXED OID 4     | CUSIP: 19645DDG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $9356973.70   | 0.71%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority                             | COLORADO EDUCATIONAL and CULTURA COSEDU 07/55 FIXED OID 6     | CUSIP: 19645UVP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977015.40    | 0.07%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 05/37 FIXED 5.25        | CUSIP: 19648FBW3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502841.70    | 0.04%             | 2037-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 05/47 FIXED 5.25        | CUSIP: 19648FBX1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1426966.50   | 0.11%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                               | COLORADO HEALTH FACILITIES AUT COSMED 11/38 FIXED 4           | CUSIP: 19648FJC9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $975752.70    | 0.07%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                            | COLUMBUS METROPOLITAN HOUSING COLHSG 06/34 FIXED OID 4        | CUSIP: 19951AAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $486354.68    | 0.04%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMAL COUNTY WATER CONTROL and I CMLWTR 03/32 FIXED 4.375                          | COMAL COUNTY WATER CONTROL and I CMLWTR 03/32 FIXED 4.375     | CUSIP: 199819FN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1514868.36   | 0.11%             | 2032-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COMPTON COMMUNITY REDEVELOPMEN COMDEV 08/32 FIXED 5.25                             | COMPTON COMMUNITY REDEVELOPMEN COMDEV 08/32 FIXED 5.25        | CUSIP: 204713AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $1007886.06   | 0.08%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT SPECIAL T CTSGEN 10/36 FIXED 5                                | STATE OF CONNECTICUT SPECIAL T CTSGEN 10/36 FIXED 5           | CUSIP: 207758YL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039389.80   | 0.08%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT SPECIAL T CTSGEN 10/37 FIXED 5                                | STATE OF CONNECTICUT SPECIAL T CTSGEN 10/37 FIXED 5           | CUSIP: 207758YM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034401.90   | 0.08%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/42 FIXED 5         | CUSIP: 20775DB27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155197.05    | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/44 FIXED 5         | CUSIP: 20775DB43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254658.93    | 0.02%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/34 FIXED 5         | CUSIP: 20775DPE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $347134.09    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/39 FIXED 4         | CUSIP: 20775DPK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1407784.80   | 0.11%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/39 FIXED 5         | CUSIP: 20775DVK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $571969.26    | 0.04%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/40 FIXED 5         | CUSIP: 20775DVL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $439469.08    | 0.03%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health and Educational Facilities Authority                      | CONNECTICUT STATE HEALTH and EDU CTSHGR 07/44 FIXED OID 5     | CUSIP: 20775DYV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $622326.28    | 0.05%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY COMMUNITY COLLEGE COOHGR 12/34 FIXED 5                                 | COOK COUNTY COMMUNITY COLLEGE COOHGR 12/34 FIXED 5            | CUSIP: 213187DZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083401.00   | 0.08%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY COMMUNITY COLLEGE COOHGR 12/35 FIXED 5                                 | COOK COUNTY COMMUNITY COLLEGE COOHGR 12/35 FIXED 5            | CUSIP: 213187EA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068519.50   | 0.08%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY COMMUNITY COLLEGE COOHGR 12/36 FIXED 5                                 | COOK COUNTY COMMUNITY COLLEGE COOHGR 12/36 FIXED 5            | CUSIP: 213187EB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057717.40   | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY COMMUNITY COLLEGE COOHGR 12/37 FIXED 5                                 | COOK COUNTY COMMUNITY COLLEGE COOHGR 12/37 FIXED 5            | CUSIP: 213187EC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046735.80   | 0.08%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Decatur Hospital Authority                                                         | DECATUR HOSPITAL AUTHORITY DECMED 09/26 FIXED 5               | CUSIP: 243323CV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102180.31    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Authority                                                          | DELAWARE COUNTY AUTHORITY DELGEN 07/42 FIXED 5                | CUSIP: 245913MN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208053.24    | 0.02%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority                                                      | DELAWARE RIVER PORT AUTHORITY DRVTRN 01/27 FIXED 5            | CUSIP: 246348FV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1084844.99   | 0.08%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 02/31 FIXED OID 4                       | CUSIP: 452152H46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1059170.70   | 0.08%             | 2031-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 11/26 FIXED OID 3.25                    | CUSIP: 452152Q53<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2829757.92   | 0.21%             | 2026-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 05/34 FIXED 5                           | CUSIP: 452152X71<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2065730.40   | 0.16%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 10/30 FIXED 5                           | CUSIP: 452153EA3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2206706.00   | 0.17%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                             | NORTH CAROLINA MEDICAL CARE CO NCSMED 09/44 FIXED 5           | CUSIP: 65820YTJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1190992.45   | 0.09%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                             | NORTH CAROLINA MEDICAL CARE CO NCSMED 09/29 FIXED 4.75        | CUSIP: 65820YTQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $410103.57    | 0.03%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                             | NORTH CAROLINA MEDICAL CARE CO NCSMED 10/31 FIXED 4           | CUSIP: 65821DVN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115102.43    | 0.01%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District of Jefferson County                           | PORT OF BEAUMONT NAVIGATION DI PTBTRN 01/41 FIXED 2.875       | CUSIP: 73360CAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1498525.60   | 0.11%             | 2041-01-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District of Jefferson County                           | PORT OF BEAUMONT NAVIGATION DI PTBTRN 01/39 FIXED 5           | CUSIP: 73360CAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $704099.33    | 0.05%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District of Jefferson County                           | PORT OF BEAUMONT NAVIGATION DI PTBTRN 07/26 FIXED 10          | CUSIP: 73360CAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011799.80   | 0.15%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR AIRPORT RE PTPAPT 07/35 FIXED 4                                | PORT OF PORTLAND OR AIRPORT RE PTPAPT 07/35 FIXED 4           | CUSIP: 7352402H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1676762.91   | 0.13%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Prairie Village                                                            | CITY OF PRAIRIE VILLAGE KS PRVGEN 04/36 FIXED OID 3.125       | CUSIP: 73971FAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1528898.58   | 0.12%             | 2036-04-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                                | PROSPER INDEPENDENT SCHOOL DIS PSPSCD 02/52 FIXED 4           | CUSIP: 743600Z50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $21402.45     | 0.00%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Providence Public Building Authority                                               | PROVIDENCE PUBLIC BUILDING AUT PROFAC 09/43 FIXED 5.25        | CUSIP: 74381MDL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038908.90   | 0.08%             | 2043-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                               | PUBLIC AUTHORITY FOR COLORADO PUBUTL 11/28 FIXED OID 6.25     | CUSIP: 744387AC5<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |    725000 | PA      | $760416.25    | 0.06%             | 2028-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 07/38 FIXED OID 5.25          | CUSIP: 74439YER8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004394.00   | 0.08%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 07/43 FIXED OID 5.5           | CUSIP: 74439YES6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973566.00    | 0.07%             | 2043-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 06/28 FIXED 5                 | CUSIP: 74439YFE6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $211208.78    | 0.02%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 06/30 FIXED 5                 | CUSIP: 74439YFG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    400000 | PA      | $433072.60    | 0.03%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 06/33 FIXED 5                 | CUSIP: 74439YFK2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    350000 | PA      | $380918.13    | 0.03%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 06/35 FIXED 5                 | CUSIP: 74439YFM8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107426.17    | 0.01%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 06/30 FIXED 5                 | CUSIP: 74439YGD7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    300000 | PA      | $314403.45    | 0.02%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBFIN 06/35 FIXED 5                 | CUSIP: 74439YGE5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    900000 | PA      | $936465.48    | 0.07%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Energy Authority Of Kentucky Inc.                                           | KENTUCKY PUBLIC ENERGY AUTHORI KYSPWR 01/55 ADJUSTABLE VAR    | CUSIP: 74440DFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10656038.00  | 0.81%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Energy Authority Of Kentucky Inc.                                           | KENTUCKY PUBLIC ENERGY AUTHORI KYSPWR 06/55 ADJUSTABLE VAR    | CUSIP: 74440DFN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5110681.92   | 0.39%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                           | PUBLIC FINANCE AUTHORITY PUBMED 10/44 FIXED 5                 | CUSIP: 74442CBY9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    980000 | PA      | $959136.00    | 0.07%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON COUNTY INDUSTRIAL DE ARLMED 07/38 FIXED 4                                | ARLINGTON COUNTY INDUSTRIAL DE ARLMED 07/38 FIXED 4           | CUSIP: 041438HA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985393.80    | 0.07%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON COUNTY INDUSTRIAL DE ARLMED 07/53 ADJUSTABLE VAR                         | ARLINGTON COUNTY INDUSTRIAL DE ARLMED 07/53 ADJUSTABLE VAR    | CUSIP: 041438HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088245.20   | 0.08%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/37 FIXED 4           | CUSIP: 0418066K1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $117556.76    | 0.01%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/28 FIXED 5           | CUSIP: 041807BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $159875.96    | 0.01%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/29 FIXED 5           | CUSIP: 041807BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $140997.64    | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/30 FIXED 5           | CUSIP: 041807BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110053.03    | 0.01%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/31 FIXED 5           | CUSIP: 041807BR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $133344.98    | 0.01%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/32 FIXED 5           | CUSIP: 041807BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $132550.55    | 0.01%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 08/48 FIXED 5           | CUSIP: 041807FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012535.10   | 0.08%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation                                     | ARLINGTON HIGHER EDUCATION FIN ARLEDU 06/59 FIXED OID 4.25    | CUSIP: 041807KZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $868973.60    | 0.07%             | 2059-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITY OF ARLINGTON TX WATER and W ARLWTR 06/35 FIXED 3                              | CITY OF ARLINGTON TX WATER and W ARLWTR 06/35 FIXED 3         | CUSIP: 04184KZE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $346813.47    | 0.03%             | 2035-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASTORIA HOSPITAL FACILITIES AU ASTMED 08/49 FIXED 5.25                             | ASTORIA HOSPITAL FACILITIES AU ASTMED 08/49 FIXED 5.25        | CUSIP: 046279CT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $991847.54    | 0.08%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATHENS-CLARKE COUNTY UNIFIED G ATHDEV 04/40 FIXED 5                                | ATHENS-CLARKE COUNTY UNIFIED G ATHDEV 04/40 FIXED 5           | CUSIP: 047059JZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $557378.79    | 0.04%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATHENS-CLARKE COUNTY UNIFIED G ATHDEV 06/56 FIXED OID 4                            | ATHENS-CLARKE COUNTY UNIFIED G ATHDEV 06/56 FIXED OID 4       | CUSIP: 047059LQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1313895.39   | 0.10%             | 2056-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF ATLANTIC BEACH FL ATLMED 11/48 FIXED 5                                     | CITY OF ATLANTIC BEACH FL ATLMED 11/48 FIXED 5                | CUSIP: 048251CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $913808.91    | 0.07%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/26 FIXED 5                                 | AUGUSTA DEVELOPMENT AUTHORITY AGSDEV 07/26 FIXED 5            | CUSIP: 05115CAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1806080.25   | 0.14%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 10/55 ADJUSTABLE VAR    | CUSIP: 57585BKT4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1461883.82   | 0.11%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MONROE FL AIRPORT RE MONTRN 10/25 FIXED 5                                | COUNTY OF MONROE FL AIRPORT RE MONTRN 10/25 FIXED 5           | CUSIP: 610466AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130166.89    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MONROE FL AIRPORT RE MONTRN 10/26 FIXED 5                                | COUNTY OF MONROE FL AIRPORT RE MONTRN 10/26 FIXED 5           | CUSIP: 610466AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152765.15    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corporation                                | FLORIDA GULF COAST UNIVERSITY FGCHGR 02/31 FIXED 5            | CUSIP: 34073XJW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $505934.13    | 0.04%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corporation                                | FLORIDA GULF COAST UNIVERSITY FGCHGR 02/32 FIXED 5            | CUSIP: 34073XJX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $535148.66    | 0.04%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                        | FLORIDA LOCAL GOVERNMENT FINAN FLSFAC 11/31 FIXED 4.45        | CUSIP: 34077UAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2713634.73   | 0.21%             | 2031-11-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FLORIDA STATE BOARD OF GOVERNO FLSHGR 07/35 FIXED 3                                | FLORIDA STATE BOARD OF GOVERNO FLSHGR 07/35 FIXED 3           | CUSIP: 34114CDA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1939857.14   | 0.15%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA STATE BOARD OF GOVERNO FLSHGR 10/48 FIXED OID 4.25                         | FLORIDA STATE BOARD OF GOVERNO FLSHGR 10/48 FIXED OID 4.25    | CUSIP: 34157NAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1125129.03   | 0.09%             | 2048-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA STATE BOARD OF GOVERNO FLSHGR 07/38 FIXED 4.25                             | FLORIDA STATE BOARD OF GOVERNO FLSHGR 07/38 FIXED 4.25        | CUSIP: 34157WAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993124.30    | 0.08%             | 2038-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                          | FLORIDA DEPARTMENT OF MANAGEME FLACTF 11/36 FIXED 3           | CUSIP: 34160PEV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1989360.00   | 0.15%             | 2036-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                          | FLORIDA DEPARTMENT OF MANAGEME FLACTF 11/37 FIXED 3           | CUSIP: 34160PEW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1740134.39   | 0.13%             | 2037-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Forest Grove City of                                                               | CITY OF FOREST GROVE OR FORGEN 05/34 FIXED 4                  | CUSIP: 345648EF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1163347.07   | 0.09%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Forsyth City of                                                                    | CITY OF FORSYTH MT FORPOL 07/28 FIXED 3.875                   | CUSIP: 346668DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3064975.50   | 0.23%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FORT BEND COUNTY MUNICIPAL UTI FORUTL 09/52 FIXED OID 4.125                        | FORT BEND COUNTY MUNICIPAL UTI FORUTL 09/52 FIXED OID 4.125   | CUSIP: 346914QT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $354235.18    | 0.03%             | 2052-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FORT MILL PUBLIC FACILITIES CO FMPFAC 08/42 FIXED OID 4                            | FORT MILL PUBLIC FACILITIES CO FMPFAC 08/42 FIXED OID 4       | CUSIP: 34802AAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $690512.10    | 0.05%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FULTON COUNTY RESIDENTIAL CARE FULMED 04/37 FIXED 5                                | FULTON COUNTY RESIDENTIAL CARE FULMED 04/37 FIXED 5           | CUSIP: 360058FE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1508036.40   | 0.11%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FULTON COUNTY RESIDENTIAL CARE FULMED 07/42 FIXED 5                                | FULTON COUNTY RESIDENTIAL CARE FULMED 07/42 FIXED 5           | CUSIP: 360059AP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4649282.40   | 0.35%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gaithersburg Maryland                                                      | CITY OF GAITHERSBURG MD GAIDEV 01/37 FIXED 5                  | CUSIP: 363128CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010299.00   | 0.15%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF GEORGETOWN TX UTILITY GGTUTL 08/53 FIXED 5.25                              | CITY OF GEORGETOWN TX UTILITY GGTUTL 08/53 FIXED 5.25         | CUSIP: 373064T38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1554850.05   | 0.12%             | 2053-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                            | MUNICIPAL ELECTRIC AUTHORITY O MELPWR 01/29 FIXED 5           | CUSIP: 37329DBE6<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3171831.30   | 0.24%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Road and Tollway Authority                                                   | GEORGIA STATE ROAD and TOLLWAY A GASTRN 07/38 FIXED 4         | CUSIP: 37358MEU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3280000 | PA      | $3279551.95   | 0.25%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTERNATIONAL AI KENAPT 01/34 FIXED 5                                | GERALD R FORD INTERNATIONAL AI KENAPT 01/34 FIXED 5           | CUSIP: 373695BT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1300885.53   | 0.10%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA METROPOLITAN DI GHMFAC 12/26 FIXED 5                                | GOLD HILL MESA METROPOLITAN DI GHMFAC 12/26 FIXED 5           | CUSIP: 38060PAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $149081.00    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA METROPOLITAN DI GHMFAC 12/28 FIXED 5                                | GOLD HILL MESA METROPOLITAN DI GHMFAC 12/28 FIXED 5           | CUSIP: 38060PAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74314.72     | 0.01%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA METROPOLITAN DI GHMFAC 12/29 FIXED 5                                | GOLD HILL MESA METROPOLITAN DI GHMFAC 12/29 FIXED 5           | CUSIP: 38060PAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48428.15     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLD HILL MESA METROPOLITAN DI GHMFAC 12/30 FIXED 5                                | GOLD HILL MESA METROPOLITAN DI GHMFAC 12/30 FIXED 5           | CUSIP: 38060PAJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16284.96     | 0.00%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corporation                                    | GOLDEN STATE TOBACCO SECURITIZ GLDGEN 06/51 FIXED 5           | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953668.60    | 0.07%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Forks City of                                                                | CITY OF GRAND FORKS ND GRAMED 12/39 FIXED 5                   | CUSIP: 38546WEJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $697818.78    | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Forks City of                                                                | CITY OF GRAND FORKS ND GRAMED 12/43 FIXED 5                   | CUSIP: 38546WEN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $266086.16    | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREATER ASHEVILLE REGIONAL AIR GTRAPT 07/35 FIXED 5                                | GREATER ASHEVILLE REGIONAL AIR GTRAPT 07/35 FIXED 5           | CUSIP: 39160CBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $957019.50    | 0.07%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREATER ASHEVILLE REGIONAL AIR GTRAPT 07/40 FIXED 5.25                             | GREATER ASHEVILLE REGIONAL AIR GTRAPT 07/40 FIXED 5.25        | CUSIP: 39160CBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1018271.16   | 0.08%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                 | GREATER ORLANDO AVIATION AUTHO GREAPT 10/38 FIXED 5           | CUSIP: 392275EE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5510000 | PA      | $5751636.09   | 0.44%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                 | GREATER ORLANDO AVIATION AUTHO GREAPT 10/39 FIXED 5           | CUSIP: 392275EF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5785000 | PA      | $5970139.09   | 0.45%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENSBURG BUILDING CORP GBGDEV 07/33 FIXED 5                                      | GREENSBURG BUILDING CORP GBGDEV 07/33 FIXED 5                 | CUSIP: 395515BS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1638356.10   | 0.12%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENSBURG BUILDING CORP GBGDEV 07/33 FIXED 5                                      | GREENSBURG BUILDING CORP GBGDEV 07/33 FIXED 5                 | CUSIP: 395515CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1305223.69   | 0.10%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENVILLE-SPARTANBURG AIRPORT GREAPT 07/54 FIXED 5.25                             | GREENVILLE-SPARTANBURG AIRPORT GREAPT 07/54 FIXED 5.25        | CUSIP: 396613DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1173578.57   | 0.09%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Gulf Coast Authority                                                               | GULF COAST AUTHORITY GULPOL 10/32 FIXED 5                     | CUSIP: 40219RBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $505338.71    | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gulf Coast Authority                                                               | GULF COAST AUTHORITY GULPOL 10/33 FIXED 5                     | CUSIP: 40219RBF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $584102.38    | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gulf Coast Industrial Development Authority                                        | GULF COAST INDUSTRIAL DEVELOPM GULPOL 04/28 FIXED 8           | CUSIP: 40220MAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2032810.33   | 0.15%             | 2028-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Gulfport City of                                                                   | CITY OF GULFPORT MS GULMED 07/35 FIXED 5                      | CUSIP: 402682CV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $539996.00    | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gulfport City of                                                                   | CITY OF GULFPORT MS GULMED 07/36 FIXED 5.25                   | CUSIP: 402682CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544052.65    | 0.04%             | 2036-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Gulfport City of                                                                   | CITY OF GULFPORT MS GULMED 07/37 FIXED 5.25                   | CUSIP: 402682CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $539565.50    | 0.04%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Gulfport City of                                                                   | CITY OF GULFPORT MS GULMED 07/38 FIXED 5.25                   | CUSIP: 402682CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $629690.66    | 0.05%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HERITAGE RIDGE METROPOLITAN DI HRIFAC 12/34 FIXED 4                                | HERITAGE RIDGE METROPOLITAN DI HRIFAC 12/34 FIXED 4           | CUSIP: 42727TAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127244.05    | 0.01%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HERITAGE RIDGE METROPOLITAN DI HRIFAC 12/42 FIXED 4                                | HERITAGE RIDGE METROPOLITAN DI HRIFAC 12/42 FIXED 4           | CUSIP: 42727TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $92427.44     | 0.01%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HESS RANCH METROPOLITAN DISTRI HSRDEV 12/43 FIXED 6                                | HESS RANCH METROPOLITAN DISTRI HSRDEV 12/43 FIXED 6           | CUSIP: 428111AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735733 | PA      | $731251.21    | 0.06%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 10/43 FIXED OID 4                       | CUSIP: 452153MD8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4390000 | PA      | $3727330.82   | 0.28%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                  | STATE OF ILLINOIS ILS 09/44 FIXED OID 5                       | CUSIP: 452153PE3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4762886.40   | 0.36%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lucas County of                                                                    | COUNTY OF LUCAS OH LUCMED 11/48 FIXED 5.25                    | CUSIP: 549310WE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $492205.17    | 0.04%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTHORITY MSRPWR 11/34 FIXED 7                                        | M-S-R ENERGY AUTHORITY MSRPWR 11/34 FIXED 7                   | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2652208.47   | 0.20%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTHORITY MSRPWR 11/39 FIXED OID 6.5                                  | M-S-R ENERGY AUTHORITY MSRPWR 11/39 FIXED OID 6.5             | CUSIP: 55374SAF7<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    945000 | PA      | $1122117.95   | 0.08%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                       | MAIN STREET NATURAL GAS INC MAIUTL 05/27 FIXED 5              | CUSIP: 56035DBG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3769588.82   | 0.29%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSDEV 09/50 FIXED 5.625       | CUSIP: 837036GN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1092252.83   | 0.08%             | 2050-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSHSG 04/33 FIXED 5           | CUSIP: 83704CAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125886.96    | 0.01%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSMED 11/39 FIXED 5.25        | CUSIP: 83704HAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $821735.44    | 0.06%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSMED 11/44 FIXED 5.5         | CUSIP: 83704HAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978053.70    | 0.07%             | 2044-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TANEY COUNTY INDUSTRIAL DEVELO TANDEV 10/33 FIXED 5                                | TANEY COUNTY INDUSTRIAL DEVELO TANDEV 10/33 FIXED 5           | CUSIP: 87539QAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991748.60    | 0.08%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corporation                   | TARRANT COUNTY CULTURAL EDUCAT TAREDU 11/52 ADJUSTABLE VAR    | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3261601.80   | 0.25%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Housing Finance Corporation                                         | TARRANT COUNTY HOUSING FINANCE TARMFH 03/43 FIXED 4.6         | CUSIP: 876390AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3380862.80   | 0.26%             | 2043-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Temple City of                                                                     | CITY OF TEMPLE TX TEM 08/47 FIXED OID 4                       | CUSIP: 880065BQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2411970.58   | 0.18%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corporation                                           | TENNESSEE ENERGY ACQUISITION C TNSUTL 12/35 FIXED 5           | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4238623.60   | 0.32%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas AandM University                                                             | TEXAS AandM UNIVERSITY TAMHGR 05/39 FIXED 3                   | CUSIP: 88213ARE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2039885.93   | 0.15%             | 2039-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition And Supply Corporation V                           | TEXAS MUNICIPAL GAS ACQUISITIO TXSUTL 01/55 ADJUSTABLE VAR    | CUSIP: 88256RAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2659611.25   | 0.20%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing and Community Affairs                                  | TEXAS DEPARTMENT OF HOUSING and TXSSFH 09/44 FIXED 3.625      | CUSIP: 88275FRB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $762319.80    | 0.06%             | 2044-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| California Infrastructure and Economic Development Bank                            | CALIFORNIA INFRASTRUCTURE and EC CASDEV 01/65 ADJUST OID VAR  | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   8450000 | PA      | $7765491.70   | 0.59%             | 2065-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASFIN 07/42 FIXED 5           | CUSIP: 13048T4N0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1449055.35   | 0.11%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASFIN 11/41 FIXED 5.25        | CUSIP: 13048TP23<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    695000 | PA      | $682256.69    | 0.05%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASMED 11/27 FIXED 5           | CUSIP: 130493CA5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104015.53    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASMED 11/28 FIXED 5           | CUSIP: 130493CB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    115000 | PA      | $121451.43    | 0.01%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASEDU 06/39 FIXED 5.5         | CUSIP: 130497AV2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $616949.34    | 0.05%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASEDU 06/44 FIXED 5.9         | CUSIP: 130497AW0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $615788.64    | 0.05%             | 2044-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASEDU 06/34 FIXED 5           | CUSIP: 130497BA7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260040.48    | 0.02%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASFIN 07/29 FIXED 4           | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2984158.80   | 0.23%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                             | CALIFORNIA MUNICIPAL FINANCE A CASGEN 09/39 FIXED 5           | CUSIP: 13051AHE1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    580000 | PA      | $592238.87    | 0.04%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                   | CALIFORNIA POLLUTION CONTROL F CASPOL 07/40 FIXED 4.3         | CUSIP: 130536QT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000228.00   | 0.08%             | 2040-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                   | CALIFORNIA POLLUTION CONTROL F CASPOL 11/45 FIXED 5           | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494525.70    | 0.04%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTH CASGEN 10/30 FIXED 5                                | CALIFORNIA PUBLIC FINANCE AUTH CASGEN 10/30 FIXED 5           | CUSIP: 13057EAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508429.75    | 0.04%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTH CASGEN 10/31 FIXED 5                                | CALIFORNIA PUBLIC FINANCE AUTH CASGEN 10/31 FIXED 5           | CUSIP: 13057EAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507459.35    | 0.04%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTH CASSCD 07/32 FIXED 4.5                              | CALIFORNIA SCHOOL FINANCE AUTH CASSCD 07/32 FIXED 4.5         | CUSIP: 13058TQD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $791267.48    | 0.06%             | 2032-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHO CPPEDU 06/34 FIXED 5                                | CAPITAL PROJECTS FINANCE AUTHO CPPEDU 06/34 FIXED 5           | CUSIP: 14043FAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $787970.82    | 0.06%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority Inc.                                     | CASINO REINVESTMENT DEVELOPMEN CASDEV 11/40 FIXED 5           | CUSIP: 14760RBP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $784094.85    | 0.06%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority Inc.                                     | CASINO REINVESTMENT DEVELOPMEN CASDEV 11/41 FIXED 5           | CUSIP: 14760RBQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517172.45    | 0.04%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority Inc.                                     | CASINO REINVESTMENT DEVELOPMEN CASDEV 11/40 FIXED 5           | CUSIP: 14760RCJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $878186.23    | 0.07%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority Inc.                                     | CASINO REINVESTMENT DEVELOPMEN CASDEV 11/41 FIXED 5           | CUSIP: 14760RCK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $889536.61    | 0.07%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CASS COUNTY JOINT WATER RESOUR CASWTR 04/27 FIXED 3.45                             | CASS COUNTY JOINT WATER RESOUR CASWTR 04/27 FIXED 3.45        | CUSIP: 14805PBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1626897.84   | 0.12%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                      | CENTRAL PLAINS ENERGY PROJECT CENPWR 08/55 ADJUSTABLE VAR     | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4536122.33   | 0.34%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR PORT NAVIGATION and IMPROV CHAGEN 09/45 FIXED OID 4                          | CEDAR PORT NAVIGATION and IMPROV CHAGEN 09/45 FIXED OID 4     | CUSIP: 157792RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $271448.45    | 0.02%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The City Of Chandler                       | CHANDLER INDUSTRIAL DEVELOPMEN CHADEV 09/52 ADJUSTABLE VAR    | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2242454.50   | 0.17%             | 2052-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority Of The City Of Chandler                       | CHANDLER INDUSTRIAL DEVELOPMEN CHADEV 06/49 ADJUSTABLE VAR    | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3534796.30   | 0.27%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Charleston County Airport District                                                 | CHARLESTON CNTY SC ARPT DIST A CHARLESTON ARPT-A-AMT          | CUSIP: 160070EH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273660.75   | 0.10%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                               | CHICAGO O'HARE INTERNATIONAL A CHITRN 01/38 FIXED 4           | CUSIP: 167593P30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1462073.64   | 0.11%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                               | CHICAGO O'HARE INTERNATIONAL A CHITRN 01/38 FIXED 5           | CUSIP: 167593VV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1548189.03   | 0.12%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                               | MASSACHUSETTS HOUSING FINANCE MASHSG 12/43 FIXED 3.8          | CUSIP: 57586NZ79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $402210.98    | 0.03%             | 2043-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF MASSACHUSETTS MASTRN 06/42 FIXED 5                                 | COMMONWEALTH OF MASSACHUSETTS MASTRN 06/42 FIXED 5            | CUSIP: 57604TGG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1192373.78   | 0.09%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MATAGORDA COUNTY NAVIGATION DI MATPOL 06/30 FIXED 4                                | MATAGORDA COUNTY NAVIGATION DI MATPOL 06/30 FIXED 4           | CUSIP: 576528DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1125454.39   | 0.09%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MATCHING FUND SPECIAL PURPOSE MFCFAC 10/28 FIXED 5                                 | MATCHING FUND SPECIAL PURPOSE MFCFAC 10/28 FIXED 5            | CUSIP: 57665NAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   3495000 | PA      | $3586818.54   | 0.27%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MATCHING FUND SPECIAL PURPOSE MFCFAC 10/30 FIXED 5                                 | MATCHING FUND SPECIAL PURPOSE MFCFAC 10/30 FIXED 5            | CUSIP: 57665NAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   4650000 | PA      | $4794020.27   | 0.36%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McClain County Economic Development Authority                                      | MCCLAIN COUNTY ECONOMIC DEVELO MCCEDU 09/34 FIXED 4           | CUSIP: 57947PEA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1839440.92   | 0.14%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA STATE COLLEGES NESHGR 07/48 FIXED 5                                       | NEBRASKA STATE COLLEGES NESHGR 07/48 FIXED 5                  | CUSIP: 583456KF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $856450.74    | 0.06%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio County of                                                                     | COUNTY OF OHIO WV OHSDEV 06/44 FIXED 5.25                     | CUSIP: 677321BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $728215.58    | 0.06%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                             | OHIO AIR QUALITY DEVELOPMENT A OHSDEV 09/30 ADJUSTABLE VAR    | CUSIP: 677525WU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1074626.06   | 0.08%             | 2030-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/34 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/34 FIXED 5           | CUSIP: 68608JZN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $331877.33    | 0.03%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE FACILITIES AUTHOR ORSFAC 12/35 FIXED 5                                | OREGON STATE FACILITIES AUTHOR ORSFAC 12/35 FIXED 5           | CUSIP: 68608JZS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $453236.99    | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF OROVILLE CA OROMED 04/54 FIXED 5.25                                        | CITY OF OROVILLE CA OROMED 04/54 FIXED 5.25                   | CUSIP: 687241AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2304966.30   | 0.17%             | 2054-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 06/26 FIXED 4                                | PALM BEACH COUNTY HEALTH FACIL PALMED 06/26 FIXED 4           | CUSIP: 696507VG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $230680.50    | 0.02%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 06/31 FIXED 4                                | PALM BEACH COUNTY HEALTH FACIL PALMED 06/31 FIXED 4           | CUSIP: 696507VH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3572830.41   | 0.27%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 06/36 FIXED 4                                | PALM BEACH COUNTY HEALTH FACIL PALMED 06/36 FIXED 4           | CUSIP: 696507VJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1533962.28   | 0.12%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 11/32 FIXED 5                                | PALM BEACH COUNTY HEALTH FACIL PALMED 11/32 FIXED 5           | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3145000 | PA      | $3181811.28   | 0.24%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 11/45 FIXED 5                                | PALM BEACH COUNTY HEALTH FACIL PALMED 11/45 FIXED 5           | CUSIP: 69650MAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2000954.92   | 0.15%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 11/31 FIXED 5                                | PALM BEACH COUNTY HEALTH FACIL PALMED 11/31 FIXED 5           | CUSIP: 69651ABR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1154979.19   | 0.09%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 11/32 FIXED 5                                | PALM BEACH COUNTY HEALTH FACIL PALMED 11/32 FIXED 5           | CUSIP: 69651ABS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $650250.06    | 0.05%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY HEALTH FACIL PALMED 11/35 FIXED 5                                | PALM BEACH COUNTY HEALTH FACIL PALMED 11/35 FIXED 5           | CUSIP: 69651ABV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $918808.00    | 0.07%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK METROPOLITAN DISTRI PKCGEN 12/32 FIXED 5                                | PARK CREEK METROPOLITAN DISTRI PKCGEN 12/32 FIXED 5           | CUSIP: 700385BC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $354194.94    | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK CREEK METROPOLITAN DISTRI PKCGEN 12/43 FIXED 5                                | PARK CREEK METROPOLITAN DISTRI PKCGEN 12/43 FIXED 5           | CUSIP: 700385BK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1378731.74   | 0.10%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FINANCIN PEGUTL 10/54 ADJUSTABLE VAR                         | PATRIOTS ENERGY GROUP FINANCIN PEGUTL 10/54 ADJUSTABLE VAR    | CUSIP: 70342PAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3196164.60   | 0.24%             | 2054-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                              | PENNSYLVANIA ECONOMIC DEVELOPM PASDEV 12/38 ADJUSTABLE VAR    | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $452382.84    | 0.03%             | 2038-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                              | PENNSYLVANIA ECONOMIC DEVELOPM PASDEV 12/37 ADJUSTABLE VAR    | CUSIP: 708686ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006698.30   | 0.08%             | 2037-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                              | PENNSYLVANIA ECONOMIC DEVELOPM PASDEV 07/38 FIXED OID 5       | CUSIP: 70869PPD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2552822.00   | 0.19%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                               | PENNSYLVANIA HIGHER EDUCATIONA PASHGR 11/43 FIXED 5.25        | CUSIP: 70917TRS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1910545.38   | 0.14%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/30 FIXED 5           | CUSIP: 709225FW1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $279969.45    | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/31 FIXED 5           | CUSIP: 709225FX9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $282767.40    | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/32 FIXED 5           | CUSIP: 709225FY7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $283736.53    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                   | PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/33 FIXED 5           | CUSIP: 709225FZ4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $279875.25    | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHENIX CITY INDUSTRIAL DEVELOP PHEENV 05/35 FIXED 4.125                            | PHENIX CITY INDUSTRIAL DEVELOP PHEENV 05/35 FIXED 4.125       | CUSIP: 717346AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4349338.18   | 0.33%             | 2035-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                  | PHILADELPHIA AUTHORITY FOR IND PHIEDU 06/31 FIXED 4           | CUSIP: 71780CBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $177076.85    | 0.01%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                  | PHILADELPHIA AUTHORITY FOR IND PHIDEV 09/27 FIXED 5           | CUSIP: 71780TBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1265869.31   | 0.10%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                  | PHILADELPHIA AUTHORITY FOR IND PHIDEV 09/28 FIXED 5           | CUSIP: 71780TBF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $673751.39    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                  | PHILADELPHIA AUTHORITY FOR IND PHIDEV 09/29 FIXED 5           | CUSIP: 71780TBG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1196423.25   | 0.09%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                  | PHILADELPHIA AUTHORITY FOR IND PHIDEV 09/45 FIXED OID 5.125   | CUSIP: 71780TBN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $777245.14    | 0.06%             | 2045-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Philadelphia City of                                                               | CITY OF PHILADELPHIA PA PHI 08/39 FIXED 5                     | CUSIP: 717813A90<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    850000 | PA      | $908785.32    | 0.07%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia City of                                                               | CITY OF PHILADELPHIA PA PHI 08/43 FIXED 5.25                  | CUSIP: 717813B57<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1319441.50   | 0.10%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia City of                                                               | CITY OF PHILADELPHIA PA PHI 05/34 FIXED 5                     | CUSIP: 717813YV5<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2189344.66   | 0.17%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHILADELPHIA PA AIRPOR PHIAPT 07/31 FIXED 5                                | CITY OF PHILADELPHIA PA AIRPOR PHIAPT 07/31 FIXED 5           | CUSIP: 717817XM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544688.40    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHILADELPHIA PA AIRPOR PHIAPT 07/46 FIXED 4                                | CITY OF PHILADELPHIA PA AIRPOR PHIAPT 07/46 FIXED 4           | CUSIP: 717817XY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $374999.81    | 0.03%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pompano Beach City of                                                              | CITY OF POMPANO BEACH FL POMGEN 09/30 FIXED 3.5               | CUSIP: 732203BA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1855572.49   | 0.14%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSEDU 06/44 FIXED 5           | CUSIP: 83704MEK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2271433.75   | 0.17%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FIN NYCGEN 11/38 FIXED 4                                | NEW YORK CITY TRANSITIONAL FIN NYCGEN 11/38 FIXED 4           | CUSIP: 64971XKK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $2911622.06   | 0.22%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FIN NYCGEN 11/38 FIXED 4                                | NEW YORK CITY TRANSITIONAL FIN NYCGEN 11/38 FIXED 4           | CUSIP: 64971XSA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $476030.05    | 0.04%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                    | NEW YORK CITY MUNICIPAL WATER NYCUTL 06/35 FIXED 5            | CUSIP: 64972GP32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1945730.07   | 0.15%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                    | NEW YORK CITY MUNICIPAL WATER NYCUTL 06/41 FIXED 4            | CUSIP: 64972GWJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $979640.03    | 0.07%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                    | NEW YORK CITY MUNICIPAL WATER NYCUTL 06/50 FIXED 5            | CUSIP: 64972GXF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2801939.71   | 0.21%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                       | NEW YORK CITY TRANSITIONAL FIN NYCGEN 05/36 FIXED 5           | CUSIP: 64972JNB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109625.10   | 0.08%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 10/31 FIXED 5           | CUSIP: 64985SEQ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1348478.27   | 0.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 10/32 FIXED 5           | CUSIP: 64985SER0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1426917.93   | 0.11%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 10/35 FIXED 5           | CUSIP: 64985SEU3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1569207.41   | 0.12%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 10/36 FIXED 5           | CUSIP: 64985SEV1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1469092.47   | 0.11%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corporation                                | NEW YORK STATE ENVIRONMENTAL F NYSWTR 06/37 FIXED 4           | CUSIP: 64986DJN6<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    495000 | PA      | $500678.34    | 0.04%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 03/39 FIXED 4           | CUSIP: 64990FK94<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    365000 | PA      | $354090.66    | 0.03%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                 | NEW YORK STATE DORMITORY AUTHO NYSHGR 02/39 FIXED 4           | CUSIP: 64990FPS7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2373214.52   | 0.18%             | 2039-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Prairie Village                                                            | CITY OF PRAIRIE VILLAGE KS PRVGEN 04/30 FIXED 2.875           | CUSIP: 73971FAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $543444.57    | 0.04%             | 2030-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Waynesville R-VI School District                                                   | WAYNESVILLE R-VI SCHOOL DISTRI PULEDU 04/36 FIXED 5           | CUSIP: 74549PAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $594082.01    | 0.04%             | 2036-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waynesville R-VI School District                                                   | WAYNESVILLE R-VI SCHOOL DISTRI PULEDU 04/37 FIXED 5           | CUSIP: 74549PAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $555076.96    | 0.04%             | 2037-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Community Consolidated School District Number 34                                   | COOK COUNTY COMMUNITY CONSOLID COOSCD 12/36 FIXED 3           | CUSIP: 213453MJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1119613.68   | 0.08%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/42 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/42 FIXED 5           | CUSIP: 214147CW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $595704.80    | 0.05%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/43 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/43 FIXED 5           | CUSIP: 214147CX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $556902.50    | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/44 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/44 FIXED 5           | CUSIP: 214147CY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $413698.00    | 0.03%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/30 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/30 FIXED 5           | CUSIP: 214885DP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $598604.04    | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/31 FIXED 5                                | COOK COUNTY SCHOOL DISTRICT NO COOSCD 12/31 FIXED 5           | CUSIP: 214885DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $815496.58    | 0.06%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The District of Columbia Government of                                             | DISTRICT OF COLUMBIA DIS 08/35 FIXED 5                        | CUSIP: 25476FD70<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1481780.39   | 0.11%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA INCOME TA DISGEN 06/36 FIXED 5                                | DISTRICT OF COLUMBIA INCOME TA DISGEN 06/36 FIXED 5           | CUSIP: 25477GYC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3246050.91   | 0.25%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA INCOME TA DISGEN 06/44 FIXED 5                                | DISTRICT OF COLUMBIA INCOME TA DISGEN 06/44 FIXED 5           | CUSIP: 25477GYL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $190814.53    | 0.01%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA INCOME TA DISGEN 06/45 FIXED 5                                | DISTRICT OF COLUMBIA INCOME TA DISGEN 06/45 FIXED 5           | CUSIP: 25477GYM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1981793.09   | 0.15%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                      | LANCASTER MUNICIPAL AUTHORITY LANMED 12/45 FIXED 5            | CUSIP: 514350AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $665788.69    | 0.05%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansing City of                                                                    | CITY OF LANSING MI LAN 06/39 FIXED 4                          | CUSIP: 516372TV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2158776.00   | 0.16%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention and Visitors Authority                                        | LAS VEGAS CONVENTION and VISITOR LASGEN 07/37 FIXED 5         | CUSIP: 51771FBY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $755923.56    | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention and Visitors Authority                                        | LAS VEGAS CONVENTION and VISITOR LASGEN 07/38 FIXED 5         | CUSIP: 51771FBZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1440597.69   | 0.11%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                    | LAS VEGAS VALLEY WATER DISTRIC LVVWTR 06/39 FIXED 4           | CUSIP: 517845PT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $2862553.88   | 0.22%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LEE FL AIRPORT REVEN LEEAPT 10/30 FIXED 5                                | COUNTY OF LEE FL AIRPORT REVEN LEEAPT 10/30 FIXED 5           | CUSIP: 523470GJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3805883.55   | 0.29%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LEE FL AIRPORT REVEN LEEAPT 10/28 FIXED 5                                | COUNTY OF LEE FL AIRPORT REVEN LEEAPT 10/28 FIXED 5           | CUSIP: 523470GT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4060000 | PA      | $4314890.45   | 0.33%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY INDUSTRIAL DEVELOPM LEEMED 11/28 FIXED 4                                | LEE COUNTY INDUSTRIAL DEVELOPM LEEMED 11/28 FIXED 4           | CUSIP: 52349EEE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102453.30    | 0.01%             | 2028-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY INDUSTRIAL DEVELOPM LEEMED 11/44 FIXED 5                                | LEE COUNTY INDUSTRIAL DEVELOPM LEEMED 11/44 FIXED 5           | CUSIP: 52349EEU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3321490.20   | 0.25%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/36 FIXED 5                                | LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/36 FIXED 5           | CUSIP: 524292AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98543.57     | 0.01%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/32 FIXED 5                                | LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/32 FIXED 5           | CUSIP: 524292BE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2143566.98   | 0.16%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/39 FIXED 5                                | LEES SUMMIT INDUSTRIAL DEVELOP LEEFAC 08/39 FIXED 5           | CUSIP: 524292BJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005195.50   | 0.08%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewiston City of                                                                   | CITY OF LEWISTON ME LEW 03/32 FIXED 5                         | CUSIP: 52850CTX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $955007.64    | 0.07%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Little Rock School District                                                        | LITTLE ROCK SCHOOL DISTRICT LITSCD 02/28 FIXED 3              | CUSIP: 537428V35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $520055.43    | 0.04%             | 2028-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisville Water Company                                                           | LOUISVILLE WATER CO LOUWTR 11/35 FIXED 3                      | CUSIP: 54659REL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $59581.76     | 0.00%             | 2035-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/44 FIXED 5           | CUSIP: 57585BJC3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1109278.06   | 0.08%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                           | MASSACHUSETTS DEVELOPMENT FINA MASDEV 07/50 FIXED OID 5       | CUSIP: 57585BJE9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3921802.00   | 0.30%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs Coalition                                                      | SOUTH CAROLINA JOBS-ECONOMIC D SCSEDU 06/34 FIXED 5           | CUSIP: 83704MEJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1393190.15   | 0.11%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                  | SOUTH CAROLINA TRANSPORTATION SCSTRN 10/33 FIXED 3            | CUSIP: 837152UH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1587452.63   | 0.12%             | 2033-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Suburban Park and Recreation District                                        | SOUTH SUBURBAN PARK and RECREATI SSBCTF 12/41 FIXED 4         | CUSIP: 84049EBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $75011.78     | 0.01%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority a Cooperative District                                  | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 05/53 FLOATING VAR      | CUSIP: 84136FBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036524.20   | 0.15%             | 2053-05-01      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority a Cooperative District                                  | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/55 ADJUSTABLE VAR    | CUSIP: 84136HAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4935000 | PA      | $5261680.22   | 0.40%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority a Cooperative District                                  | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 01/56 ADJUSTABLE VAR    | CUSIP: 84136HBC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540672.05   | 0.12%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority a Cooperative District                                  | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 03/55 ADJUSTABLE VAR    | CUSIP: 84136HBT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2283773.45   | 0.17%             | 2055-03-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority a Cooperative District                                  | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 05/55 ADJUSTABLE VAR    | CUSIP: 84136HCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3195178.20   | 0.24%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority a Cooperative District                                  | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/55 ADJUSTABLE VAR    | CUSIP: 84136JAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4116314.28   | 0.31%             | 2055-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN UTE INDIAN TRIBE OF T STH 04/35 FIXED 5                                   | SOUTHERN UTE INDIAN TRIBE OF T STH 04/35 FIXED 5              | CUSIP: 844090AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4140387.81   | 0.31%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sparta Area School District                                                        | SPARTA AREA SCHOOL DISTRICT SPASCD 03/37 FIXED OID 3          | CUSIP: 846754KT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $845332.12    | 0.06%             | 2037-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                         | STAMFORD HOUSING AUTHORITY STMHSG 10/32 FIXED 4.75            | CUSIP: 852640AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3676106.52   | 0.28%             | 2032-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                         | STAMFORD HOUSING AUTHORITY STMHSG 10/35 FIXED 5.5             | CUSIP: 852640AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $639552.06    | 0.05%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Stephens County Educational Facilities Authority                                   | STEPHENS COUNTY EDUCATIONAL FA STPEDU 09/27 FIXED 5           | CUSIP: 858761BD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520872.10    | 0.04%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corporation                                   | SUFFOLK TOBACCO ASSET SECURITI SFKSEC 06/50 FIXED 4           | CUSIP: 864809CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $326691.86    | 0.02%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK REGIONAL OFF-TRACK BET SOBGEN 12/44 FIXED OID 5.75                         | SUFFOLK REGIONAL OFF-TRACK BET SOBGEN 12/44 FIXED OID 5.75    | CUSIP: 86480TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500011.45    | 0.04%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TOWN OF SUMMERVILLE SC SMV 10/31 FIXED 5                                           | TOWN OF SUMMERVILLE SC SMV 10/31 FIXED 5                      | CUSIP: 865874BW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $297875.71    | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWN OF SUMMERVILLE SC SMV 10/32 FIXED 5                                           | TOWN OF SUMMERVILLE SC SMV 10/32 FIXED 5                      | CUSIP: 865874BX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $247833.23    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWN OF SUMMERVILLE SC SMV 10/33 FIXED 5                                           | TOWN OF SUMMERVILLE SC SMV 10/33 FIXED 5                      | CUSIP: 865874BY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $637582.11    | 0.05%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUNFIELD MUNICIPAL UTILITY DIS SUNUTL 09/34 FIXED 4                                | SUNFIELD MUNICIPAL UTILITY DIS SUNUTL 09/34 FIXED 4           | CUSIP: 867344BM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1466035.06   | 0.11%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUNFIELD MUNICIPAL UTILITY DIS SUNUTL 09/48 FIXED OID 4                            | SUNFIELD MUNICIPAL UTILITY DIS SUNUTL 09/48 FIXED OID 4       | CUSIP: 867344CB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $582938.79    | 0.04%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Swarthmore Borough Authority                                                       | SWARTHMORE BOROUGH AUTHORITY SWTHGR 09/55 ADJUSTABLE VAR      | CUSIP: 870000RH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5472836.95   | 0.41%             | 2055-09-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                    | TAMPA BAY WATER TAMWTR 10/54 FIXED 5.25                       | CUSIP: 875124HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5395000 | PA      | $5567810.48   | 0.42%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRAILS AT CROWFOOT METROPOLITA TRCFAC 12/44 FIXED OID 4                            | TRAILS AT CROWFOOT METROPOLITA TRCFAC 12/44 FIXED OID 4       | CUSIP: 89286RAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2925000 | PA      | $2496557.41   | 0.19%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Trimble County of                                                                  | COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75                  | CUSIP: 896221AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2491200.50   | 0.19%             | 2033-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TROY CAPITAL RESOURCE CORP TRYGEN 09/30 FIXED 5                                    | TROY CAPITAL RESOURCE CORP TRYGEN 09/30 FIXED 5               | CUSIP: 897579BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1489354.09   | 0.11%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TROY CAPITAL RESOURCE CORP TRYGEN 09/39 FIXED 5                                    | TROY CAPITAL RESOURCE CORP TRYGEN 09/39 FIXED 5               | CUSIP: 897579BX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1375884.90   | 0.10%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** John Hancock Municipal Securities Trust

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer