# EDGAR Filing Document

**Accession Number:** 0000314612
**File Stem:** 0000940400-25-005189
**Filing Date:** 2025-10
**Character Count:** 197832
**Document Hash:** dad3c8ebd1bfc6c6cd8ee16b2eeb86ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-005189.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0000940400-25-005189

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250829

**FILED AS OF DATE**: 20251023

**DATE AS OF CHANGE**: 20251023

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRUDENTIAL NATIONAL MUNI FUND, INC.
- **CENTRAL INDEX KEY:** 0000314612

**ORGANIZATION NAME:**
- **EIN:** 133021492
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02992
- **FILM NUMBER:** 251412592

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 802-5032

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRUDENTIAL NATIONAL MUNI FUND INC
- **DATE OF NAME CHANGE:** 20100216

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DRYDEN NATIONAL MUNICIPALS FUND INC
- **DATE OF NAME CHANGE:** 20030825

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRUDENTIAL NATIONAL MUNICIPALS FUND INC
- **DATE OF NAME CHANGE:** 19931022

## Series and Classes Contracts Data

### PGIM NATIONAL MUNI FUND (Series ID: S000004518)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000012413 | Class Z      | DNMZX           |
| C000012414 | Class A      | PRNMX           |
| C000012416 | Class C      | PNMCX           |
| C000195885 | Class R6     | PNMQX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Prudential National Muni Fund, Inc.

- **b. Investment Company Act file number:** 811-02992

- **c. CIK number of Registrant:** 0000314612

- **d. LEI of Registrant:** 438AB8ZYK8OAMF4DNX15

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

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-800-225-1852

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

- **a. Name of Series:** PGIM National Muni Fund

- **b. EDGAR series identifier (if any):** S000004518

- **c. LEI of Series:** 549300E5UZ5OT18FCP58

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-29

**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:** $1098674557.61

**Total Liabilities:** $19160461.39

**Net Assets:** $1079514096.22

**Delayed Delivery Securities:** $12699540.00

**Cash Not Reported:** $1546000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2272.61215000 | **1-Year:** 33613.37642000 | **5-Year:** 180094.60936000 | **10-Year:** 387052.15127000 | **30-Year:** 18646.30487000

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

- **3-Month:** 0.00000000 | **1-Year:** 637.72020000 | **5-Year:** 7123.50183000 | **10-Year:** 4010.70013000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012413 | 0.65%                | 0.15%                | 0.81%                |
| Class ID C000012414 | 0.56%                | 0.13%                | 0.79%                |
| Class ID C000012416 | 0.55%                | 0.05%                | 0.74%                |
| Class ID C000195885 | 0.58%                | 0.16%                | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-331273.87              | $4497509.44                                |
| Month 2  | $-59877.32               | $-1834266.21                               |
| Month 3  | $292916.21               | $4673268.23                                |

**Designated Index Information**

- **Index Name:** PGIM National Muni Fund - ExDerivatives

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | ULTRA U.S. TREASURY BOND                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -316 | NC      | $-8413.90     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F              | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TJU8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1654729.16   | 0.15%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182TD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113601.00   | 0.10%             | 2035-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND NY PWR AUTH ELEC S              | Long Island Power Authority                                                      | CUSIP: 542691DY3<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4100000.00   | 0.38%             | 2025-09-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| GALVESTON TX WHARVES & TERMINA              | City of Galveston TX Wharves & Terminal Revenue                                  | CUSIP: 364568JL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116760.56   | 0.20%             | 2043-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST PARKWAYS AUTH              | West Virginia Parkways Authority                                                 | CUSIP: 956510AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1788643.07   | 0.17%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                     | CUSIP: 64972JAY4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3703160.59   | 0.34%             | 2047-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                             | CUSIP: 167593WQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016101.68   | 0.19%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED              | Clifton Higher Education Finance Corp                                            | CUSIP: 187145UB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261362.03   | 0.12%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP SOL WS              | Florida Development Finance Corp                                                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2991324.69   | 0.28%             | 2054-10-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT&              | Salt River Project Agricultural Improvement & Power District                     | CUSIP: 79574CGN7<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640651.70   | 0.24%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST                                   | State of Alaska                                                                  | CUSIP: 0117706L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126959.61   | 0.10%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I              | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528VFX2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3256006.16   | 0.30%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI              | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224S91<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3155883.42   | 0.29%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE              | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837032BM2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099827.96   | 0.10%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT&              | Salt River Project Agricultural Improvement & Power District                     | CUSIP: 79574CFL2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1968518.70   | 0.18%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST TURNPIKE AUTH                   | Oklahoma Turnpike Authority                                                      | CUSIP: 679111F74<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2145068.05   | 0.20%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HGR EDU SUPPLEM              | Connecticut State Higher Education Supplement Loan Authority                     | CUSIP: 207743YG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1744124.75   | 0.16%             | 2033-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R              | Central Texas Regional Mobility Authority                                        | CUSIP: 155498MY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1167710.64   | 0.11%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST STUDENT LOAN LIQUIDITY              | Iowa Student Loan Liquidity Corp                                                 | CUSIP: 462590PS3<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    815000 | PA      | $854625.79    | 0.08%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI              | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225LH7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2578610.04   | 0.24%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE              | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576MQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2118530.73   | 0.20%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N              | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3268698.64   | 0.30%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI              | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224MJ5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1433049.76   | 0.13%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT               | Buckeye Tobacco Settlement Financing Authority                                   | CUSIP: 118217CP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3790876.61   | 0.35%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LOAN A              | Rhode Island Student Loan Authority                                              | CUSIP: 762323DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2112872.01   | 0.20%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA              | Main Street Natural Gas Inc                                                      | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2682108.50   | 0.25%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA              | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJZ6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2684058.00   | 0.25%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE               | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682ZM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1548274.27   | 0.14%             | 2042-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI              | Dallas Fort Worth International Airport                                          | CUSIP: 23503CDY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1238289.30   | 0.11%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP               | Sales Tax Securitization Corp                                                    | CUSIP: 79467BCV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1638373.15   | 0.15%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA HARBOR DEPT                  | Port of Los Angeles                                                              | CUSIP: 544552C59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115260.39   | 0.10%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO              | Development Authority of Burke County/The                                        | CUSIP: 121342QM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1708338.70   | 0.16%             | 2032-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| IOWA ST STUDENT LOAN LIQUIDITY              | Iowa Student Loan Liquidity Corp                                                 | CUSIP: 462590PT1<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    635000 | PA      | $658719.24    | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED              | Clifton Higher Education Finance Corp                                            | CUSIP: 187145WD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $2059715.92   | 0.19%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                     | CUSIP: 92708HAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $422236.81    | 0.04%             | 2034-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GALVESTON TX WHARVES & TERMINA              | City of Galveston TX Wharves & Terminal Revenue                                  | CUSIP: 364568KE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $410817.41    | 0.04%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE                     | City of Atlanta GA Department of Aviation                                        | CUSIP: 04780MXJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $892168.95    | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH              | Maricopa County Industrial Development Authority                                 | CUSIP: 56682HCL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1148210.80   | 0.11%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | CUSIP: 74529JQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5014000 | PA      | $4720395.32   | 0.44%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH               | Orange County Health Facilities Authority                                        | CUSIP: 68450LEQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983554.84    | 0.09%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTHS              | Louisiana Public Facilities Authority                                            | CUSIP: 54640TAK5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505443.38   | 0.23%             | 2043-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080ZA2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067668.15   | 0.19%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HLTH CARE FACS F              | New Jersey Health Care Facilities Financing Authority                            | CUSIP: 645790KE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518976.71   | 0.14%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SALES TAX REVENUE              | County of Cook IL Sales Tax Revenue                                              | CUSIP: 213248DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2197599.36   | 0.20%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY OH SWR SYS REVEN              | County of Hamilton OH Sewer System Revenue                                       | CUSIP: 407288H77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1401315.98   | 0.13%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY NC INDL FACS &              | Cumberland County Industrial Facilities & Pollution Control Financing Authority  | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075000 | PA      | $3075456.07   | 0.28%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                  | City of Chicago IL                                                               | CUSIP: 167486G45<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4245150.15   | 0.39%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA GAS WKS REVENU              | Philadelphia Gas Works Co                                                        | CUSIP: 71783MBK0<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |    625000 | PA      | $664602.14    | 0.06%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PGIM Core Ultra Short Bond Fund             | PGIM Core Ultra Short Bond Fund                                                  | CUSIP: 000000000<br>LEI: 1VRLPVAWKZCB406TIT84 | Long             | STIV             | RF                | US        |   2795609 | NS      | $2795609.01   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSONVILLE FL HSG AUTH REVEN              | Jacksonville Housing Authority                                                   | CUSIP: 46940XAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3419599.37   | 0.32%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTILITY SYS REVENUE              | City of Houston TX Combined Utility System Revenue                               | CUSIP: 44244CS24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010320.89   | 0.19%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T              | Lower Colorado River Authority                                                   | CUSIP: 54811BZT1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580129.59   | 0.15%             | 2052-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                     | CUSIP: 92708HAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2202078.84   | 0.20%             | 2039-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INDL DEV & EXPORT AU              | Alaska Industrial Development & Export Authority                                 | CUSIP: 011903FV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2442329.38   | 0.23%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GALVESTON TX WHARVES & TERMINA              | City of Galveston TX Wharves & Terminal Revenue                                  | CUSIP: 364568KD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413332.73    | 0.04%             | 2042-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $2745210.46   | 0.25%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FLA INDL DEV              | Hillsborough County Industrial Development Authority                             | CUSIP: 43233KAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2091837.82   | 0.19%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                         | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955116.35    | 0.09%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN              | County of Harris TX Toll Road Revenue                                            | CUSIP: 41423PAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5040000 | PA      | $5072558.20   | 0.47%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1962000 | PA      | $1430131.88   | 0.13%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4494851.07   | 0.42%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4285000 | PA      | $4300520.18   | 0.40%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL               | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602RNT8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2799488.26   | 0.26%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1147564.22   | 0.11%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG NC HOSP               | Charlotte-Mecklenburg Hospital Authority/The                                     | CUSIP: 160853MR5<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.28%             | 2038-01-15      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| REGL CO TRANSPRTN DIST PRIV AC              | Regional Transportation District                                                 | CUSIP: 759151BD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $419815.40    | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #6 SPL ASSMNT REVEN              | Village Community Development District No 6                                      | CUSIP: 92707UBC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $316040.43    | 0.03%             | 2029-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                                                      | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    350000 | PA      | $348770.45    | 0.03%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A              | Greater Orlando Aviation Authority                                               | CUSIP: 392274X43<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4797824.48   | 0.44%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 6461365W7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1375878.30   | 0.13%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE                | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817YR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1415436.93   | 0.13%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NTHRN AK TOBACCO SECURITIZATIO              | Northern Tobacco Securitization Corp                                             | CUSIP: 66585VBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1267150.71   | 0.12%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE               | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227UY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1755541.24   | 0.16%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1159481.11   | 0.11%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE              | New Jersey Economic Development Authority                                        | CUSIP: 64577XEY8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107241.36   | 0.10%             | 2036-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN              | Virginia Small Business Financing Authority                                      | CUSIP: 928104NG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1793401.93   | 0.17%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P              | Los Angeles Department of Water & Power                                          | CUSIP: 544532CQ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5840000 | PA      | $5898462.38   | 0.55%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH               | Illinois State Toll Highway Authority                                            | CUSIP: 452252JW0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000096.13   | 0.19%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION               | Central Texas Turnpike System                                                    | CUSIP: 88283KBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2165932.92   | 0.20%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N              | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1377201.53   | 0.13%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORLANDO FL UTILITIES COMMISSIO              | Orlando Utilities Commission                                                     | CUSIP: 686507JQ8<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3191490.51   | 0.30%             | 2046-10-01      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| GALVESTON TX WHARVES & TERMINA              | City of Galveston TX Wharves & Terminal Revenue                                  | CUSIP: 364568KB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1198659.87   | 0.11%             | 2040-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A              | Greater Orlando Aviation Authority                                               | CUSIP: 392274X35<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5012049.48   | 0.46%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE              | Public Finance Authority                                                         | CUSIP: 74442EBZ2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    260000 | PA      | $260060.60    | 0.02%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE                | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817YQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2905703.61   | 0.27%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                    | District of Columbia                                                             | CUSIP: 25483VQW7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1391393.81   | 0.13%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A              | Washington Health Care Facilities Authority                                      | CUSIP: 93978HKJ3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2686592.55   | 0.25%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL DEV AUTH HLTH              | Lee County Industrial Development Authority/FL                                   | CUSIP: 52349EER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007738.11   | 0.09%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TAX EXEMPT               | Public Finance Authority                                                         | CUSIP: 74448SAA1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4995696.64   | 0.46%             | 2059-08-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| DEKALB CNTY GA HSG AUTH MF HSG              | DeKalb County Housing Authority                                                  | CUSIP: 240471PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3985842.90   | 0.37%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP              | Metropolitan Nashville Airport Authority/The                                     | CUSIP: 592190NS7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1862682.36   | 0.17%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN CNTY AL INDL DEV AUTH               | Baldwin County Industrial Development Authority                                  | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5508320.58   | 0.51%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL ARPT REVENUE                    | County of Lee FL Airport Revenue                                                 | CUSIP: 523470HU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026393.28   | 0.10%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N              | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2808323.16   | 0.26%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA FL ELEC SYS REVENUE                     | JEA Electric System Revenue                                                      | CUSIP: 46613SSE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2732998.09   | 0.25%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I              | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528VBD0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1742732.91   | 0.16%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                             | CUSIP: 19648FVK7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7036799.22   | 0.65%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP               | Sales Tax Securitization Corp                                                    | CUSIP: 79467BCR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2448456.93   | 0.23%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BASELINE MET DIST #1 CO SPL RE              | Baseline Metropolitan District No 1                                              | CUSIP: 069826AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $3887724.21   | 0.36%             | 2054-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV              | Build NYC Resource Corp                                                          | CUSIP: 12008QAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2508448.67   | 0.23%             | 2043-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182QU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1955479.00   | 0.18%             | 2042-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2022618.04   | 0.19%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                         | CUSIP: 74442PD93<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2577985 | PA      | $2514761.38   | 0.23%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HASR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  29099139 | PA      | $3035892.81   | 0.28%             | 2037-09-25      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| REGL CO TRANSPRTN DIST PRIV AC              | Regional Transportation District                                                 | CUSIP: 759151BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $425830.63    | 0.04%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                                    | State of Texas                                                                   | CUSIP: 882723ZV4<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1871271.04   | 0.17%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                         | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520370.14   | 0.14%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA CNTY GA HOSP AUTH                  | Columbia County Hospital Authority/GA                                            | CUSIP: 197479AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1215199.01   | 0.11%             | 2048-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                         | CUSIP: 74442PR64<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4997019.58   | 0.46%             | 2055-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGY              | Patriots Energy Group Financing Agency                                           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2666254.23   | 0.25%             | 2054-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                | Ohio Air Quality Development Authority                                           | CUSIP: 677525WZ6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1493411.06   | 0.14%             | 2029-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HOSP REVEN              | Indiana Finance Authority                                                        | CUSIP: 45471APH9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2293502.71   | 0.21%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1399691.85   | 0.13%             | 2033-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                             | CUSIP: 19648FJS4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2381847.78   | 0.22%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI MF AFFORDAB              | Public Finance Authority                                                         | CUSIP: 74448FAC5<br>LEI: 5493004S6D3NA627K012 | Long             | ABS-MBS          | MUN               | US        |   2950000 | PA      | $2756167.23   | 0.26%             | 2039-09-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182TAW7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2894386.86   | 0.27%             | 2052-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                         | CUSIP: 63607WAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   2979369 | PA      | $2756664.23   | 0.26%             | 2039-11-20      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| CITYPLACE FL CDD SPL ASSMNT RE              | Cityplace Community Development District                                         | CUSIP: 17877SAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $269212.42    | 0.02%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL               | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602RMW2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2800280.76   | 0.26%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL DEV AUTH HLTH              | Lee County Industrial Development Authority/FL                                   | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004109.50   | 0.09%             | 2029-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| S JERSEY NJ TRANSPRTN AUTH TRA              | South Jersey Transportation Authority                                            | CUSIP: 838536NP1<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057024.77   | 0.10%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST TURNPIKE AUTH                   | Oklahoma Turnpike Authority                                                      | CUSIP: 679111WS9<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3024170.61   | 0.28%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vanguard Tax-Exempt Bond Index ETF          | Vanguard Tax-Exempt Bond Index ETF                                               | CUSIP: 922907746<br>LEI: N/A                  | Long             | EC               | RF                | US        |    237500 | NS      | $11639875.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIRFAX CNTY VA INDL DEV AUTH               | Fairfax County Industrial Development Authority                                  | CUSIP: 303823MY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1194424.92   | 0.11%             | 2057-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1988713.07   | 0.18%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL              | Rhode Island Health and Educational Building Corp                                | CUSIP: 762197YR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $4041077.41   | 0.37%             | 2043-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL CNTY GA HOS              | Gainesville & Hall County Hospital Authority                                     | CUSIP: 362762RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2215675.81   | 0.21%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL TRANSPRTN AUTH IL                      | Regional Transportation Authority                                                | CUSIP: 7599112E9<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   3605000 | PA      | $3458655.52   | 0.32%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEA FL ELEC SYS REVENUE                     | JEA Electric System Revenue                                                      | CUSIP: 46613SSG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068136.60   | 0.10%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE              | Port Authority of New York & New Jersey                                          | CUSIP: 73358XFN7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1374090.73   | 0.13%             | 2040-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST HLTH FACS AUTH                   | Arizona Health Facilities Authority                                              | CUSIP: 040507HN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2237988.73   | 0.21%             | 2037-01-01      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI              | Dallas Fort Worth International Airport                                          | CUSIP: 23503CDW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1698226.66   | 0.16%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY MN CMNTY DEV A              | Washington County Community Development Agency                                   | CUSIP: 93778DAA4<br>LEI: 5493005S0NC4J4L8DM18 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200000.00   | 0.11%             | 2026-09-01      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P              | Los Angeles Department of Water & Power                                          | CUSIP: 544532PA6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1352797.00   | 0.13%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA                            | District of Columbia                                                             | CUSIP: 25476FXR4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3102402.65   | 0.29%             | 2038-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH WT              | New Jersey Economic Development Authority                                        | CUSIP: 645780FR3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    625000 | PA      | $585409.21    | 0.05%             | 2029-11-01      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| BRAZOS TX HGR EDU AUTH STUDENT              | Brazos Higher Education Authority Inc                                            | CUSIP: 10623ADA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2637964.06   | 0.24%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R              | State of Connecticut Special Tax Revenue                                         | CUSIP: 207758XS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2250911.78   | 0.21%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                      | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |   4000000 | PA      | $3663247.07   | 0.34%             | 2063-08-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY ST PER              | New York State Housing Finance Agency                                            | CUSIP: 649870NF5<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018179.32   | 0.19%             | 2054-06-15      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| BEXAR CNTY TX HSG FIN CORP                  | Bexar County Housing Finance Corp                                                | CUSIP: 088379ZF2<br>LEI: 549300PNUZ5DCWVF3E76 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502790.07   | 0.23%             | 2028-03-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A              | California Community Choice Financing Authority                                  | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2109850.31   | 0.20%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE              | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3853070.67   | 0.36%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4210601.26   | 0.39%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH              | Kentucky Public Energy Authority                                                 | CUSIP: 74440DDS0<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   4925000 | PA      | $4999897.41   | 0.46%             | 2052-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DEKALB CNTY GA HSG AUTH MF HSG              | DeKalb County Housing Authority                                                  | CUSIP: 240471PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1970029.60   | 0.18%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH ACT 38 FA              | Michigan Finance Authority                                                       | CUSIP: 59447NBC9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1269142.77   | 0.12%             | 2049-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL AVIATION RE              | County of Miami-Dade FL Aviation Revenue                                         | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2692406.65   | 0.25%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING               | Pennsylvania Economic Development Financing Authority                            | CUSIP: 708692BU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1215167.90   | 0.11%             | 2031-06-01      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| EP TUSCANY ZARAGOSA PFC TX                  | EP Tuscany Zaragosa PFC                                                          | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505813.83   | 0.14%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL               | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247K58<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $6878379.06   | 0.64%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R              | Indiana Finance Authority                                                        | CUSIP: 45470YFL0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4222905.27   | 0.39%             | 2062-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN              | County of Harris TX Toll Road Revenue                                            | CUSIP: 41423PDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2206699.37   | 0.20%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                 | City of New York NY                                                              | CUSIP: 64966SPD2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4324367.98   | 0.40%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST COPS                            | State of Colorado                                                                | CUSIP: 196711UX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4511821.59   | 0.42%             | 2039-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT BUSINESS PRIVILEGE T              | Territory of Guam                                                                | CUSIP: 40065NDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2124556.43   | 0.20%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                             | CUSIP: 19648FVL5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3406028.71   | 0.32%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY ST PER              | New York State Housing Finance Agency                                            | CUSIP: 649870NG3<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    820000 | PA      | $824378.52    | 0.08%             | 2054-06-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037636.87   | 0.19%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1423970.79   | 0.13%             | 2030-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY AFFORD              | New York State Housing Finance Agency                                            | CUSIP: 64987JZ38<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3200191.16   | 0.30%             | 2044-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452152U25<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505535.32   | 0.23%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R              | Massachusetts Development Finance Agency                                         | CUSIP: 57584XYD7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2774046.33   | 0.26%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH HOSP RE              | Kansas Development Finance Authority                                             | CUSIP: 48542AFE6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3502660.05   | 0.32%             | 2054-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL GOVT ENVRNM              | Louisiana Local Government Environmental Facilities & Community Development Auth | CUSIP: 54628C2X9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983969.19    | 0.09%             | 2030-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HLTH CARE FACS F              | New Jersey Health Care Facilities Financing Authority                            | CUSIP: 64579XEL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251085.47   | 0.12%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL               | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247L24<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $4431286.24   | 0.41%             | 2037-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                         | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   3973951 | PA      | $3559513.31   | 0.33%             | 2051-10-20      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| RAMSEY MN CHRT SCH LEASE REVEN              | City of Ramsey MN                                                                | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1974422.30   | 0.18%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 CO PUBLIC HIGHWAY AUTH                | E-470 Public Highway Authority                                                   | CUSIP: 26822LDS0<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2140000.00   | 0.20%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                  | Port of Seattle WA                                                               | CUSIP: 735389E20<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1628017.14   | 0.15%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1225563.64   | 0.11%             | 2032-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE                   | North Texas Tollway Authority                                                    | CUSIP: 66285WVQ6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1189402.85   | 0.11%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L              | New York Liberty Development Corp                                                | CUSIP: 649519DF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3716676.03   | 0.34%             | 2069-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080YV7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2771391.76   | 0.26%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA              | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414009PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2862553.85   | 0.27%             | 2032-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI              | Permanent University Fund - University of Texas System                           | CUSIP: 915130AC2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3174123.46   | 0.29%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE              | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3178484.38   | 0.29%             | 2062-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| STHRN UTE INDIAN TRIBE OF STHR              | Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado            | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5245254.52   | 0.49%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HGR EDU ASSISTANC              | Pennsylvania Higher Education Assistance Agency                                  | CUSIP: 70878CBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2638648.61   | 0.24%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE VLY PA REGL FIN AUTH               | Delaware Valley Regional Finance Authority                                       | CUSIP: 246579ER3<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1389680.66   | 0.13%             | 2028-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGY              | Patriots Energy Group Financing Agency                                           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2432384.72   | 0.23%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN              | County of Harris TX Toll Road Revenue                                            | CUSIP: 41423PDT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1296847.91   | 0.12%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA TOBACCO SETTL              | District of Columbia Tobacco Settlement Financing Corp                           | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8248966.68   | 0.76%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STHRN CALIFORNIA ST PUBLIC PWR              | Southern California Public Power Authority                                       | CUSIP: 842475R80<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2555040.36   | 0.24%             | 2040-07-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HGR EDUCTNL FACS FI              | Florida Higher Educational Facilities Financing Authority                        | CUSIP: 34073TGB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1437744.47   | 0.13%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH SURFACE FREI              | Illinois Finance Authority                                                       | CUSIP: 45203PAB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3355000 | PA      | $3226886.36   | 0.30%             | 2050-12-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T              | Lower Colorado River Authority                                                   | CUSIP: 54811BH87<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1391893.33   | 0.13%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R CA ENERGY AUTH GAS REVEN              | M-S-R Energy Authority                                                           | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2372777.56   | 0.22%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2476667 | PA      | $2519659.59   | 0.23%             | 2040-10-25      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| TRIMBLE CNTY KY POLL CONTROL R              | County of Trimble KY                                                             | CUSIP: 896224BA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2130679.55   | 0.20%             | 2044-09-01      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDUCT              | Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108646.93   | 0.10%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WARREN CNTY MS GULF OPPORTUNIT              | County of Warren MS                                                              | CUSIP: 935031AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1266800.98   | 0.12%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OGDEN CITY UT SCH DIST                      | Ogden City School District                                                       | CUSIP: 676295GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1154282.37   | 0.11%             | 2033-06-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND NY PWR AUTH ELEC S              | Long Island Power Authority                                                      | CUSIP: 542691KS8<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3510515.87   | 0.33%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON NM POLL CONTROL REV              | City of Farmington NM                                                            | CUSIP: 311450GA2<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1392461.59   | 0.13%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| SALT VERDE AZ FINANCIAL CORP S              | Salt Verde Financial Corp                                                        | CUSIP: 79575EAM0<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2233224.15   | 0.21%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HGR EDU ASSISTANC              | Pennsylvania Higher Education Assistance Agency                                  | CUSIP: 70878CBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3146082.46   | 0.29%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                         | CUSIP: 74442PL60<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    910000 | PA      | $937766.27    | 0.09%             | 2041-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                  | City of Chicago IL                                                               | CUSIP: 167486V97<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059880.83   | 0.10%             | 2043-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA BOND FIN AUTH NA              | Long Beach Bond Finance Authority                                                | CUSIP: 54241AAY9<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1393506.83   | 0.13%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1989080.05   | 0.18%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT               | Buckeye Tobacco Settlement Financing Authority                                   | CUSIP: 118217CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8415000 | PA      | $8832651.64   | 0.82%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE              | Port Authority of New York & New Jersey                                          | CUSIP: 73358XRJ3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3272706.76   | 0.30%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L              | New York Liberty Development Corp                                                | CUSIP: 649519DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6471461.33   | 0.60%             | 2069-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                               | State of Washington                                                              | CUSIP: 93974E2F2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1176532.04   | 0.11%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                                | CUSIP: 60528AAW4<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   9155000 | PA      | $9155000.00   | 0.85%             | 2030-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST PORTS AUTH                       | Georgia Ports Authority                                                          | CUSIP: 373586HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640483.28   | 0.24%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL TRANSIT AUTH SALES               | Chicago Transit Authority Sales Tax Receipts Fund                                | CUSIP: 16772PBU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2915888.44   | 0.27%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH                        | Stamford Housing Authority                                                       | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2432588.01   | 0.23%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DALLAS TX HOTEL OCCUPANCY TAX               | City of Dallas TX Hotel Occupancy Tax Revenue                                    | CUSIP: 235286AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1022029.35   | 0.09%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                 | City of New York NY                                                              | CUSIP: 64966SHA7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042081.53   | 0.10%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY AZ INDL DEV AUTH EDU              | Industrial Development Authority of the County of Pima/The                       | CUSIP: 72177MRA7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    790000 | PA      | $793129.51    | 0.07%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH                   | Michigan State Hospital Finance Authority                                        | CUSIP: 59465HXF8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2891730.97   | 0.27%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G              | Central Plains Energy Project                                                    | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3175933.69   | 0.29%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A              | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647LB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3817385.64   | 0.35%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                     | CUSIP: 64972JJX7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4232729.19   | 0.39%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNI PWR-OHIO INC OH               | American Municipal Power Inc                                                     | CUSIP: 02765USA3<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2134485.93   | 0.20%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA OK MUNI ARPT TRUST TRUST              | Tulsa Municipal Airport Trust Trustees/OK                                        | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616142.88   | 0.15%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                                | CUSIP: 60528ABZ6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |  12585000 | PA      | $12585000.00  | 1.17%             | 2035-11-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| LOUISA VA INDL DEV AUTH POLL C              | Louisa Industrial Development Authority                                          | CUSIP: 546068AZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008609.09   | 0.09%             | 2035-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER IL TOBACCO SETTLE              | Railsplitter Tobacco Settlement Authority                                        | CUSIP: 75076PBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1197686.11   | 0.11%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE              | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576LY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3357817.92   | 0.31%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5540000 | PA      | $5606252.44   | 0.52%             | 2051-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                      | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |   4972348 | PA      | $4578176.59   | 0.42%             | 2050-03-01      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ASSET/LIABILITY CO              | Kentucky Asset Liability Commission                                              | CUSIP: 49118NGB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.28%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH              | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5370000 | PA      | $5783384.13   | 0.54%             | 2054-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452153AK5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2586469.05   | 0.24%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA              | New Hampshire Health and Education Facilities Authority Act                      | CUSIP: 64461XJZ9<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009068.37   | 0.09%             | 2038-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| MAINE ST HLTH & HGR EDUCTNL FA              | Maine Health & Higher Educational Facilities Authority                           | CUSIP: 56042SEC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2387306.19   | 0.22%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A              | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647LA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $2072000.28   | 0.19%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                         | CUSIP: 650116GV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2050230.10   | 0.19%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST ECON DEV AUTH              | West Virginia Economic Development Authority                                     | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1953524.02   | 0.18%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 4521525E7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505331.34   | 0.14%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI              | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225RE8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2164969.33   | 0.20%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR              | City & County Honolulu HI Wastewater System Revenue                              | CUSIP: 4387014N1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2767040.25   | 0.26%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L              | Central Florida Expressway Authority                                             | CUSIP: 153476CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2574578.48   | 0.24%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE AZ FINANCIAL CORP S              | Salt Verde Financial Corp                                                        | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2896292.57   | 0.27%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MF              | FHLMC Multifamily VRD Certificates                                               | CUSIP: 31350ADQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3235554 | PA      | $3255215.82   | 0.30%             | 2041-08-25      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI              | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224WR6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002582.86   | 0.19%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI              | Permanent University Fund - University of Texas System                           | CUSIP: 915130CC0<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5000977.25   | 0.46%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION              | City of Chicago IL Wastewater Transmission Revenue                               | CUSIP: 167727YK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988930.05    | 0.09%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH               | Chester County Industrial Development Authority                                  | CUSIP: 165588FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2169773.42   | 0.20%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R              | State of Connecticut Special Tax Revenue                                         | CUSIP: 207758YM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1498569.65   | 0.14%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV              | Build NYC Resource Corp                                                          | CUSIP: 12008QAB5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1163335.31   | 0.11%             | 2042-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CMWLTH FING AUTH PA TOBACCO MA              | Commonwealth Financing Authority                                                 | CUSIP: 20282EAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1206876.80   | 0.11%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA                        | Municipal Electric Authority of Georgia                                          | CUSIP: 62620HJU7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064022.90   | 0.10%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA              | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1408891.63   | 0.13%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE                     | City of Atlanta GA Department of Aviation                                        | CUSIP: 04780MX46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048970.64   | 0.10%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                | Illinois Finance Authority                                                       | CUSIP: 45204FGS8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1507844.84   | 0.14%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH SURFACE FREI              | Illinois Finance Authority                                                       | CUSIP: 45203PAC8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020618.74   | 0.19%             | 2043-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| OGDEN CITY UT SCH DIST                      | Ogden City School District                                                       | CUSIP: 676295FZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1673982.88   | 0.16%             | 2032-06-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR              | City & County Honolulu HI Wastewater System Revenue                              | CUSIP: 4387014P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3719411.73   | 0.34%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEN CNTY OH HOSP FACS REVENU              | County of Allen OH Hospital Facilities Revenue                                   | CUSIP: 01757LGV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1203227.81   | 0.11%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                                | CUSIP: 605277AL6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500178.38    | 0.05%             | 2028-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE              | City of San Antonio TX Electric & Gas Systems Revenue                            | CUSIP: 79625GLN1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085971.07   | 0.19%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH                  | Massachusetts Port Authority                                                     | CUSIP: 575896SZ9<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |    320000 | PA      | $333126.05    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE                | Tennergy Corp/TN                                                                 | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5930000 | PA      | $6032035.89   | 0.56%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED              | Clifton Higher Education Finance Corp                                            | CUSIP: 187145UT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1894315.41   | 0.18%             | 2055-02-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                | Ohio Air Quality Development Authority                                           | CUSIP: 677525WG8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $482367.36    | 0.04%             | 2038-12-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH               | Orange County Health Facilities Authority                                        | CUSIP: 68450LEH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1533542.37   | 0.14%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING               | Massachusetts Educational Financing Authority                                    | CUSIP: 57563RTY5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044921.72   | 0.10%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA GAS WKS REVENU              | Philadelphia Gas Works Co                                                        | CUSIP: 71783MBL8<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082269.97   | 0.10%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CEL8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2350093.73   | 0.22%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE                | Ohio Water Development Authority                                                 | CUSIP: 677659WU4<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |    615000 | PA      | $623934.14    | 0.06%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAKESIDE PLACE PUB FACS CORP T              | Lakeside Place PFC                                                               | CUSIP: 512179AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3502814.75   | 0.32%             | 2026-11-01      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182VD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061470.95   | 0.10%             | 2042-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452153KC2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015076.37   | 0.09%             | 2045-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                 | City of Houston TX Airport System Revenue                                        | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2383879.67   | 0.22%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA                        | Municipal Electric Authority of Georgia                                          | CUSIP: 62620HJW3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027819.98   | 0.10%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HFP74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3959455 | PA      | $3779032.61   | 0.35%             | 2041-05-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                                | CUSIP: 60528AAT1<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   6380000 | PA      | $6380000.00   | 0.59%             | 2030-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI              | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224PC7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2017861.57   | 0.19%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N              | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1714745.05   | 0.16%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHATCOM CNTY WA PUBLIC UTIL DI              | Whatcom County Public Utility District No 1                                      | CUSIP: 962468FL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $901771.39    | 0.08%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                             | CUSIP: 19648FMB7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $2854648.58   | 0.26%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE                   | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736L62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2427636.41   | 0.22%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY/KANSAS CITY KS               | Wyandotte County-Kansas City Unified Government Utility System Revenue           | CUSIP: 982674KZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2142007.15   | 0.20%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Building Aid Revenue                | CUSIP: 64972LBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3804292.95   | 0.35%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA VA REDEV & HSG AUTH              | Alexandria Redevelopment & Housing Authority                                     | CUSIP: 015330FB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751649.84   | 0.16%             | 2054-12-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                      | CUSIP: 93978T4N6<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |  32260538 | PA      | $3167449.33   | 0.29%             | 2037-04-20      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT PASSENGER FAC               | City of Atlanta GA Airport Passenger Facility Charge                             | CUSIP: 04780TEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4071291.81   | 0.38%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERMOUNTAIN PWR AGY UT PWR S              | Intermountain Power Agency                                                       | CUSIP: 45884AG31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2542299.08   | 0.24%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION               | Central Texas Turnpike System                                                    | CUSIP: 88283KCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077807.16   | 0.19%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE                   | North Texas Tollway Authority                                                    | CUSIP: 66285WSJ6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1777892.37   | 0.16%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1643263.60   | 0.15%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE              | Port Authority of New York & New Jersey                                          | CUSIP: 73358XNH1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1586125.83   | 0.15%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                  | City of Chicago IL                                                               | CUSIP: 167486P78<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015496.44   | 0.09%             | 2041-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL EDUCTNL FAC              | Miami-Dade County Educational Facilities Authority                               | CUSIP: 59333APP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3663967.31   | 0.34%             | 2041-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182TBL0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5216295.24   | 0.48%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU              | Wayne County Airport Authority                                                   | CUSIP: 944514T81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $378023.07    | 0.04%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO              | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2644884.49   | 0.25%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA              | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9670000 | PA      | $10357838.80  | 0.96%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EP ESSENTIAL HOUSING WF PFC TX              | EP Essential Housing WF PFC                                                      | CUSIP: 29416AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009922.49   | 0.09%             | 2034-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SOL WST D              | New Hampshire Business Finance Authority                                         | CUSIP: 63608RAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2763670.06   | 0.26%             | 2033-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH LEASE REVENU              | New Hampshire Business Finance Authority                                         | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1841628.88   | 0.17%             | 2051-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KNOX CNTY TN HLTH EDUCTNL & HS              | Knox County Health Educational & Housing Facility Board                          | CUSIP: 499526BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995082.78    | 0.09%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH MF HS              | Arizona Industrial Development Authority                                         | CUSIP: 04062PCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3061763.53   | 0.28%             | 2058-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                       | CUSIP: 59447T3J0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086314.62   | 0.10%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                             | CUSIP: 1675934P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1648653.70   | 0.15%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE                   | North Texas Tollway Authority                                                    | CUSIP: 66285WCD6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $4672099.91   | 0.43%             | 2038-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV              | Empire State Development Corp                                                    | CUSIP: 6500358B7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2280418.30   | 0.21%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE               | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227SB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3126004.03   | 0.29%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU              | Wayne County Airport Authority                                                   | CUSIP: 944514T73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $370899.86    | 0.03%             | 2037-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452153GM5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1295802.37   | 0.12%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                         | CUSIP: 650116DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $803320.62    | 0.07%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GEORGIA                   | Municipal Electric Authority of Georgia                                          | CUSIP: 6262074P6<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1436521.48   | 0.13%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S MIAMI FL HLTH FACS AUTH                   | City Of South Miami Health Facilities Authority Inc                              | CUSIP: 838810EE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1043639.55   | 0.10%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C              | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAK9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2095674.06   | 0.19%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                  | Port of Seattle WA                                                               | CUSIP: 735389C55<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1827274.38   | 0.17%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #6 SPL ASSMNT REVEN              | Village Community Development District No 6                                      | CUSIP: 92707UBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $378762.86    | 0.04%             | 2027-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                | Illinois Finance Authority                                                       | CUSIP: 45204FWF8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1407006.26   | 0.13%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO              | Arizona Industrial Development Authority                                         | CUSIP: 04052FEL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2965444.34   | 0.27%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2890946 | PA      | $2882232.60   | 0.27%             | 2042-04-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE              | Port Authority of New York & New Jersey                                          | CUSIP: 73358XNJ7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2030321.36   | 0.19%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN HLTH CARE SYS R              | City of Minneapolis MN                                                           | CUSIP: 60374VEX7<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1204327.01   | 0.11%             | 2053-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH AFFORDABL              | New Hampshire Business Finance Authority                                         | CUSIP: 63607DAE6<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   2999018 | PA      | $3010849.45   | 0.28%             | 2041-06-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                         | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1348513.51   | 0.12%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP R              | Tobacco Settlement Financing Corp/RI                                             | CUSIP: 888809BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4319838.54   | 0.40%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OH MET HSG AUTH GEN R              | Columbus Metropolitan Housing Authority                                          | CUSIP: 19951AAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4211925.35   | 0.39%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P              | Los Angeles Department of Water & Power                                          | CUSIP: 544532PZ1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   4210000 | PA      | $4679552.22   | 0.43%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU DEDICATE              | Chicago Board of Education Dedicated Capital Improvement Tax                     | CUSIP: 167510AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902900.16    | 0.08%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                             | CUSIP: 19648FYG3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1268736.46   | 0.12%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU              | Wayne County Airport Authority                                                   | CUSIP: 944514T65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $374497.52    | 0.03%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP               | Arlington Higher Education Finance Corp                                          | CUSIP: 041807FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000362.32   | 0.09%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAYETTEVILLE AR SALES & USE TA              | City of Fayetteville AR Sales & Use Tax Revenue                                  | CUSIP: 312673FR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2742329.85   | 0.25%             | 2032-11-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS CO UTILITIES               | City of Colorado Springs CO Utilities System Revenue                             | CUSIP: 196632Q97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3117811.96   | 0.29%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH              | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6387401.28   | 0.59%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING               | Pennsylvania Economic Development Financing Authority                            | CUSIP: 708692BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3017542.42   | 0.28%             | 2037-08-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                       | CUSIP: 59447TL92<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1087813.84   | 0.10%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE                     | City of Atlanta GA Department of Aviation                                        | CUSIP: 04780MX79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024881.67   | 0.09%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CGC6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2583976.75   | 0.24%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #6 SPL ASSMNT REVEN              | Village Community Development District No 6                                      | CUSIP: 92707UBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306049.87    | 0.03%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL ARPT SYS REVEN              | County of Broward FL Airport System Revenue                                      | CUSIP: 114894WJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2862694.47   | 0.27%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST UNIV                                | Ohio State University/The                                                        | CUSIP: 677632Q95<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3660803.41   | 0.34%             | 2046-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                         | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   4000000 | PA      | $3701134.40   | 0.34%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CGD4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024820.79   | 0.09%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTH               | Louisiana Public Facilities Authority                                            | CUSIP: 546395R63<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1991333.33   | 0.18%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORT LAUDERDALE FL WTR & SWR R              | City of Fort Lauderdale FL Water & Sewer Revenue                                 | CUSIP: 347658ZA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2605050.47   | 0.24%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE                   | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736F77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1912507.19   | 0.18%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED              | Clifton Higher Education Finance Corp                                            | CUSIP: 187145SS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045278.17   | 0.10%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                       | CUSIP: 59447TK69<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2078033.62   | 0.19%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE                     | City of Atlanta GA Department of Aviation                                        | CUSIP: 04780MX61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060165.25   | 0.19%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                             | CUSIP: 1675935Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1558109.89   | 0.14%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REVENUE                 | Indiana Finance Authority                                                        | CUSIP: 45506EPE7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976916.20    | 0.09%             | 2032-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182LX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3023337.71   | 0.28%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182TAM9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7815000 | PA      | $7884821.16   | 0.73%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| iShares National Muni Bond ETF              | iShares National Muni Bond ETF                                                   | CUSIP: 464288414<br>LEI: 549300H21FUYFQW9N157 | Long             | EC               | RF                | US        |     86440 | NS      | $9029522.40   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY              | San Francisco City & County Airport Comm-San Francisco International Airport     | CUSIP: 79766DWV7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2539256.86   | 0.24%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L              | Central Florida Expressway Authority                                             | CUSIP: 153476DC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1823938.14   | 0.17%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 646136XQ9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2438243.29   | 0.23%             | 2040-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP ARP              | City of Phoenix Civic Improvement Corp                                           | CUSIP: 71883MLF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1896887.66   | 0.18%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN               | New York City Municipal Water Finance Authority                                  | CUSIP: 64972GKL7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028865.51   | 0.10%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UTAH ST TELECOMMUNICATION OPEN              | Utah Telecommunication Open Infrastructure Agency                                | CUSIP: 91756SAQ6<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |   4885000 | PA      | $5303897.55   | 0.49%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182NCB4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013290.02   | 0.09%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH ST              | California Municipal Finance Authority                                           | CUSIP: 13049YCP4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065912.63   | 0.10%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                       | CUSIP: 59447TK51<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1936836.78   | 0.18%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHITING IN ENVRNMNTL FACS REVE              | City of Whiting IN                                                               | CUSIP: 96634RAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2050131.59   | 0.19%             | 2044-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182TAF4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3019292.22   | 0.28%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO              | New York State Dormitory Authority                                               | CUSIP: 64990FJE5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050526.35   | 0.10%             | 2037-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                  | National Finance Authority Affordable Housing Certificates Series 2024-1         | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3865000 | PA      | $3814536.08   | 0.35%             | 2040-10-20      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UTAH CNTY UT HOSP REVENUE                   | County of Utah UT                                                                | CUSIP: 917393DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2575448.08   | 0.24%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH               | Orange County Health Facilities Authority                                        | CUSIP: 68450LGA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2329109.53   | 0.22%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVENUES                   | Michigan State University                                                        | CUSIP: 594712YD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116665.19   | 0.20%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                       | CUSIP: 59447TK44<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2155491.03   | 0.20%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST ENERGY ACQUISITIO              | Tennessee Energy Acquisition Corp                                                | CUSIP: 880443BS4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2727028.13   | 0.25%             | 2026-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED              | Clifton Higher Education Finance Corp                                            | CUSIP: 187145WB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1369743.25   | 0.13%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452153JW0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2105202.50   | 0.20%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORWALK CT HSG AUTH MF HSG REV              | Norwalk Housing Authority                                                        | CUSIP: 668865AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006896.51   | 0.19%             | 2058-09-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G              | Central Plains Energy Project                                                    | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2084902.62   | 0.19%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 4521522L4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    750000 | PA      | $801208.48    | 0.07%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                     | CUSIP: 92708HAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1512987.88   | 0.14%             | 2031-05-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N              | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023038.18   | 0.19%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH HOSP REV              | Arizona Industrial Development Authority                                         | CUSIP: 04052EAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $329211.82    | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INDL DEV & EXPORT AU              | Alaska Industrial Development & Export Authority                                 | CUSIP: 011903GL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2398454.36   | 0.22%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST TRANSIT AUTH SALES TAX              | Utah Transit Authority                                                           | CUSIP: 917567HP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2146599.58   | 0.20%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE                   | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736G43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $522736.30    | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                     | State of Ohio                                                                    | CUSIP: 677523AX0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041731.57   | 0.10%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LUZERNE CNTY PA INDL DEV AUTH               | Luzerne County Industrial Development Authority                                  | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1158770.85   | 0.11%             | 2039-12-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE              | City of San Antonio TX Electric & Gas Systems Revenue                            | CUSIP: 79625GLA9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050369.80   | 0.10%             | 2049-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2511728.48   | 0.23%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST TURNPIKE AUTH ECON              | Kentucky Turnpike Authority                                                      | CUSIP: 491552W27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1339444.92   | 0.12%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R              | Massachusetts Development Finance Agency                                         | CUSIP: 57585BAM0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086350.40   | 0.19%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A              | South Carolina Public Service Authority                                          | CUSIP: 837151WU9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   4595000 | PA      | $4978008.98   | 0.46%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU              | Texas Private Activity Bond Surface Transportation Corp                          | CUSIP: 882667CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1982267.14   | 0.18%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU              | New Jersey Turnpike Authority                                                    | CUSIP: 646140GD9<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053525.70   | 0.19%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                             | CUSIP: 1675935V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3240061.24   | 0.30%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OGDEN CITY UT SCH DIST                      | Ogden City School District                                                       | CUSIP: 676295GB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1748411.36   | 0.16%             | 2034-06-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080WA5<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    550000 | PA      | $552155.78    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                     | CUSIP: 64972JNJ3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5316883.85   | 0.49%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                               | State of Washington                                                              | CUSIP: 93974D4H8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028140.56   | 0.19%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST ENERGY ACQUISITIO              | Tennessee Energy Acquisition Corp                                                | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   9750000 | PA      | $9758781.34   | 0.90%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T              | Lower Colorado River Authority                                                   | CUSIP: 54811BT50<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5461431.89   | 0.51%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                    | District of Columbia                                                             | CUSIP: 25483VVP6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1191532.89   | 0.11%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL               | Philadelphia Authority for Industrial Development                                | CUSIP: 717901BK7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1036945.73   | 0.10%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE              | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837032BU4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046743.62   | 0.10%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                         | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1999101 | PA      | $1963384.31   | 0.18%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST UNIV REVENUES                 | Washington State University                                                      | CUSIP: 940094FT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3565000 | PA      | $3849052.75   | 0.36%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST MUNI BOND BANK AUTH               | Alaska Municipal Bond Bank Authority                                             | CUSIP: 01179RE58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1393662.93   | 0.13%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC INC NY                                | TSASC Inc/NY                                                                     | CUSIP: 898526FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2323713.27   | 0.22%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INDL DEV & EXPORT AU              | Alaska Industrial Development & Export Authority                                 | CUSIP: 011903GA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1651643.90   | 0.15%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                                | CUSIP: 452152M57<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510679.86    | 0.05%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENWOOD CNTY SC HOSP REVENUE              | County of Greenwood SC                                                           | CUSIP: 397090HP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2189029.19   | 0.20%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY NY INDL DEV CORP R              | Monroe County Industrial Development Corp/NY                                     | CUSIP: 61075TXT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $851311.37    | 0.08%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH & EDUCTNL              | South Dakota Health & Educational Facilities Authority                           | CUSIP: 83755VW83<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092532.42   | 0.10%             | 2051-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH               | Illinois State Toll Highway Authority                                            | CUSIP: 452252QB8<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2355313.05   | 0.22%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA              | Main Street Natural Gas Inc                                                      | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4824185.94   | 0.45%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182VC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068167.50   | 0.10%             | 2041-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                | Ohio Air Quality Development Authority                                           | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1525882.42   | 0.14%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH WT              | New Jersey Economic Development Authority                                        | CUSIP: 645780FL6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1152667.33   | 0.11%             | 2039-10-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL               | Ohio Water Development Authority Water Pollution Control Loan Fund               | CUSIP: 67766WM74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2278024.90   | 0.21%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                               | State of Washington                                                              | CUSIP: 93974EAV8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3058001.86   | 0.28%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017915.95   | 0.19%             | 2039-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OWEN CNTY KY WTR FACS REVENUE               | County of Owen KY                                                                | CUSIP: 69068WAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1442531.55   | 0.13%             | 2039-06-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A              | Greater Orlando Aviation Authority                                               | CUSIP: 3922742C9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1846101.82   | 0.17%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTILITY SYS REVENUE              | City of Houston TX Combined Utility System Revenue                               | CUSIP: 4424355X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003551.10   | 0.28%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                   | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5119778.44   | 0.47%             | 2056-05-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL               | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602HAE7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1924872.28   | 0.18%             | 2045-05-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A              | Greater Orlando Aviation Authority                                               | CUSIP: 392274Z25<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1599160.88   | 0.15%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                     | CUSIP: 64972JWC8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3166813.43   | 0.29%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE HOSP AUTH #2                | Douglas County Hospital Authority No 2                                           | CUSIP: 259230PJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1271457.66   | 0.12%             | 2053-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SARASOTA CNTY FL PUBLIC HOSP D              | Sarasota County Public Hospital District                                         | CUSIP: 803301CW8<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1238745.07   | 0.11%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R              | Indiana Finance Authority                                                        | CUSIP: 45470YGH8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3296780.09   | 0.31%             | 2054-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST TRANSPRTN AUTH TRA              | Maryland State Transportation Authority                                          | CUSIP: 574300PS2<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1097351.01   | 0.10%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080WB3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    700000 | PA      | $715009.42    | 0.07%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV                        | Pennsylvania State University/The                                                | CUSIP: 709235XF7<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2417793.82   | 0.22%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                     | CUSIP: 92708HAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2240076.62   | 0.21%             | 2030-05-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE                | Tennergy Corp/TN                                                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    770000 | PA      | $821267.87    | 0.08%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL HSG FIN AUT              | Miami-Dade County Housing Finance Authority                                      | CUSIP: 593344CB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007425.54   | 0.19%             | 2044-02-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| JAMES CITY CNTY VA ECON DEV AU              | James City County Economic Development Authority                                 | CUSIP: 47029WEK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $525786.31    | 0.05%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HSG FIN CORP MF H              | Arlington Housing Finance Corp                                                   | CUSIP: 041818AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2515793.04   | 0.23%             | 2041-04-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND LTD              | Michigan Strategic Fund                                                          | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6150000 | PA      | $6103638.52   | 0.57%             | 2061-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                         | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   1992823 | PA      | $1870473.87   | 0.17%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL               | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20774YJ99<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2298016.10   | 0.21%             | 2042-07-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                             | CUSIP: 19648FXF6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3281595.84   | 0.30%             | 2036-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                     | CUSIP: 64972JSX7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5353117.37   | 0.50%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSPRTN COMMISSION ST               | Texas Department of Transportation State Highway Fund                            | CUSIP: 88283LLD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3426539.15   | 0.32%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    848000 | PA      | $847951.35    | 0.08%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182LR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2449721.03   | 0.23%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                         | CUSIP: 650116JE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3279137.86   | 0.30%             | 2042-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                  | City of Chicago IL                                                               | CUSIP: 167486WY1<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007524.95   | 0.09%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST RURAL WTR FIN AUT              | Minnesota Rural Water Finance Authority Inc                                      | CUSIP: 60411PBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1305477.73   | 0.12%             | 2026-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL FAC REV              | Public Finance Authority                                                         | CUSIP: 74446DAK4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    450000 | PA      | $464363.77    | 0.04%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVRNMNTL               | Indiana Finance Authority                                                        | CUSIP: 455059AJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    625000 | PA      | $617719.17    | 0.06%             | 2038-12-01      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R              | Central Texas Regional Mobility Authority                                        | CUSIP: 155498LY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $805909.36    | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND NY PWR AUTH ELEC S              | Long Island Power Authority                                                      | CUSIP: 542691EX4<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2952476.81   | 0.27%             | 2051-09-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CCV8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2106442.11   | 0.20%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                 | CUSIP: 34061UEW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    555000 | PA      | $562668.47    | 0.05%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING               | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70868YAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3186747.45   | 0.30%             | 2042-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP               | Sales Tax Securitization Corp                                                    | CUSIP: 79467BHA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $646671.94    | 0.06%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-SAINT PAUL MN MET               | Minneapolis-St Paul Metropolitan Airports Commission                             | CUSIP: 603827K21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2513055.70   | 0.23%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080ZB0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1569698.41   | 0.15%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE                   | City of Charlotte NC Airport Revenue                                             | CUSIP: 161036VV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1224490.99   | 0.11%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH              | Kentucky Public Energy Authority                                                 | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    920000 | PA      | $933999.69    | 0.09%             | 2050-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED              | Clifton Higher Education Finance Corp                                            | CUSIP: 187145UC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044895.48   | 0.10%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HGR EDU SUPPLEM              | Connecticut State Higher Education Supplement Loan Authority                     | CUSIP: 207743YF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2826212.62   | 0.26%             | 2032-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL FAC REV              | Public Finance Authority                                                         | CUSIP: 74446DAL2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    715000 | PA      | $737704.54    | 0.07%             | 2035-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-23

**Name of Applicant:** Prudential National Muni Fund, Inc.

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer