# EDGAR Filing Document

**Accession Number:** 0001162027
**File Stem:** 0001752724-25-159303
**Filing Date:** 2025-6
**Character Count:** 72417
**Document Hash:** 1c4338317f49a77cea89fea3d160e2ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-159303.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-159303

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND
- **CENTRAL INDEX KEY:** 0001162027

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10573
- **FILM NUMBER:** 251079016

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129692124

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE NATIONAL MUNICIPAL INCOME FUND
- **DATE OF NAME CHANGE:** 20011108

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND

- **b. Investment Company Act file number:** 811-10573

- **c. CIK number of Registrant:** 0001162027

- **d. LEI of Registrant:** MNYPOOOZYY8V01GEIT28

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND

- **c. LEI of Series:** MNYPOOOZYY8V01GEIT28

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $598102764.62

**Total Liabilities:** $260261187.34

**Net Assets:** $337841577.28

**Delayed Delivery Securities:** $9874002.79

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -723.70000000 | **1-Year:** -14185.45000000 | **5-Year:** -62364.55000000 | **10-Year:** -199935.96000000 | **30-Year:** -119503.99000000

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

- **3-Month:** -79.32000000 | **1-Year:** -2321.80000000 | **5-Year:** -8710.81000000 | **10-Year:** -25724.23000000 | **30-Year:** -12141.77000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 2.53%                | -3.55%               | -4.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-71107.97               | $4922154.08                                |
| Month 2  | $-1612065.31             | $-13738565.61                              |
| Month 3  | $-2280981.80             | $-6512084.34                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Public Finance Authority                                                | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EMF4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $878929.40    | 0.26%             | 2049-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396KH4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1331456.70   | 0.39%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                    | PUBLIC AUTH FOR COLORADO ST ENERGY NATURAL GAS PURCHASE REVE | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   8975000 | PA      | $10476954.58  | 3.10%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                               | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869MJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $1529760.60   | 0.45%             | 2053-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                           | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                     | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1001663.13   | 0.30%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10140298.00  | 3.00%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | MASSACHUSETTS ST                                             | CUSIP: 57582R3A2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10306867.00  | 3.05%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                             | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    940502 | PA      | $865744.78    | 0.26%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                  | M-S-R CA ENERGY AUTH GAS REVENUE                             | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2374381.40   | 0.70%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                    | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    705000 | PA      | $698718.66    | 0.21%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | MASSACHUSETTS ST                                             | CUSIP: 57582R5R3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |         0 | PA      | $0.00         | 0.00%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                              | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447PYS4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2252087.78   | 0.67%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lincoln SD                                                    | LINCOLN CNTY SD ECON DEV REVENREV                            | CUSIP: 53340EAD9<br>LEI: 549300USXDZ5FGJLUV88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $751035.50    | 0.22%             | 2061-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plymouth Educational Center Charter School                              | PLYMOUTH MI EDUCTNL CENTER CHRT SCH PUBLIC SCH ACADEMY REVEN | CUSIP: 729693AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1070000.00   | 0.32%             | 2024-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                          | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1677703.40   | 0.50%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986975.00    | 0.29%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                            | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                         | CUSIP: 759874CL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1946115.52   | 0.58%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                   | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5625000 | PA      | $5413570.31   | 1.60%             | 2053-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Detroit Downtown Development Authority                                  | DETROIT MI DOWNTOWN DEV AUTH TAX INCREMENT REVENUE           | CUSIP: 251135HU6<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6096713.40   | 1.80%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EME7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $884401.80    | 0.26%             | 2044-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                  | MIAMI-DADE CNTY FL EXPRESSWAY AUTH TOLL SYS REVENUE          | CUSIP: 59334KJP4<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5006335.50   | 1.48%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                       | ILLINOIS ST                                                  | CUSIP: 452153EL9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6663800.00   | 1.97%             | 2040-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                        | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061ULN6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $924367.70    | 0.27%             | 2052-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                   | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6060000 | PA      | $6043036.24   | 1.79%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                    | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2243005.34   | 0.66%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                     | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                 | CUSIP: 903768AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $176217.26    | 0.05%             | 2042-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                               | INDIANA ST FIN AUTH STUDENT HSG REVENUE                      | CUSIP: 45471FAZ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1955264.20   | 0.58%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK Solid Waste Services Revenue               | ANCHORAGE AK SOL WST SVCS REVENUE                            | CUSIP: 033262AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036474.70   | 0.31%             | 2062-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                             | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    986915 | PA      | $888613.05    | 0.26%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $942509.75    | 0.28%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Shelby County Health & Educational Facilities Board                     | SHELBY CNTY TENN HEALTH EDL & HSG FAC BRD STUDENT HSG REVENU | CUSIP: 82170LAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962903.30    | 0.29%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celina Independent School District                                      | CELINA TX INDEP SCH DIST                                     | CUSIP: 151145YA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8906592.00   | 2.64%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $882987.40    | 0.26%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                               | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576LD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2506111.75   | 0.74%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                          | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PDT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2565126.05   | 0.76%             | 2054-01-01      | Variable      | 8.40%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                    | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593X80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5717688.60   | 1.69%             | 2053-01-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| County of Smith TX                                                      | SMITH CNTY TX                                                | CUSIP: 832033NH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7182676.90   | 2.13%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 593340AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10426370.00  | 3.09%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                 | CAPITAL TRUST AUTH FL CHRTR SCH REVENUE                      | CUSIP: 14054YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2475217.80   | 0.73%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                           | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                | CUSIP: 154871CG0<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5267803.50   | 1.56%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $10415798.00  | 3.08%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                        | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985691.00   | 0.59%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                               | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869JQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $5588824.00   | 1.65%             | 2050-10-01      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $559406.10    | 0.17%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                     | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                 | CUSIP: 903768AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $439769.76    | 0.13%             | 2037-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                 | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151A66<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1132000 | PA      | $792250.24    | 0.23%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                             | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE           | CUSIP: 13069ABE7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1825867.00   | 0.54%             | 2064-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI HOTEL REVENUE                             | CUSIP: 74447DAC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8224597.45   | 2.43%             | 2052-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Scranton School District/PA                                             | SCRANTON PA SCH DIST                                         | CUSIP: 810827XJ9<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $954767.31    | 0.28%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                          | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1978989.20   | 0.59%             | 2039-09-01      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZY4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     90000 | PA      | $93194.40     | 0.03%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                         | HALIFAX FL HOSP MED CTR                                      | CUSIP: 405815LL3<br>LEI: 549300H6HDJUXLEMUW23 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2717509.20   | 0.80%             | 2054-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                     | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                 | CUSIP: 903768AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $288732.97    | 0.09%             | 2047-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                      | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAM9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5340038.03   | 1.58%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                       | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    937095 | PA      | $891167.77    | 0.26%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                     | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                 | CUSIP: 903768AG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $594672.64    | 0.18%             | 2053-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                            | ANCHORAGE AK PORT REVENUE                                    | CUSIP: 033252CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2710819.20   | 0.80%             | 2060-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 4                               | ST VRAIN LAKES MET DIST NO 4                                 | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $664784.40    | 0.20%             | 2054-09-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                       | LONG BEACH CA BOND FIN AUTH NATURAL GAS PURCHASE REVENUE     | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2202011.20   | 0.65%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                 | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207Z72<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3139717.98   | 0.93%             | 2063-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Woodbury MN                                                     | WOODBURY MN CHRT SCH LEASE REVENUE                           | CUSIP: 979134BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1854354.80   | 0.55%             | 2063-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                   | CUYAHOGA CNTY OH HOSP REVENUE                                | CUSIP: 2322655U8<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   4585000 | PA      | $4570662.25   | 1.35%             | 2052-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                    | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2466671.15   | 0.73%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority             | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DDY5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1114394.25   | 0.33%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                    | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6553969.50   | 1.94%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BBU1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951525.20    | 0.28%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                 | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151A58<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1566000 | PA      | $1050273.14   | 0.31%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                   | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 4072722W2<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5001418.00   | 1.48%             | 2051-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                              | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI | CUSIP: 42934AAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $867275.00    | 0.26%             | 2044-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                  | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1993298.80   | 0.59%             | 2056-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                       | CUSIP: 74443DHH7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3873790.40   | 1.15%             | 2047-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5652976.80   | 1.67%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                         | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845NQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3645000 | PA      | $3288720.20   | 0.97%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 1                       | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #1 HOSP REVENUE        | CUSIP: 389526AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093960.60   | 0.32%             | 2053-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI HOTEL REVENUE                             | CUSIP: 74447DAD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1437160.65   | 0.43%             | 2062-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                | WASHINGTON TWP CA HLTH CARE DIST                             | CUSIP: 940642GG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2580236.66   | 0.76%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EMG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $860085.40    | 0.25%             | 2053-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                    | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593F64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6505176.60   | 1.93%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pulaski County Public Facilities Board                                  | PULASKI CNTY AR PUBLIC FACS BRD HLTHCARE REVENUE             | CUSIP: 74540HAM6<br>LEI: 549300FW3F0WYTXI3E38 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998306.00   | 0.59%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                              | STHRN CA PUBLIC PWR AUTH NATURAL GAS PROJ REVENUE            | CUSIP: 842471AY0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3496762.17   | 1.04%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI HOSP REVENUE                              | CUSIP: 74442CDL5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1289928.28   | 0.38%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                 | MIAMI-DADE CNTY FL                                           | CUSIP: 59333FJ35<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   6355000 | PA      | $5743383.36   | 1.70%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                      | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                | CUSIP: 57420VSP9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2136787.60   | 0.63%             | 2058-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $807211.30    | 0.24%             | 2043-07-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                              | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203H5F5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4431160.35   | 1.31%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YBG5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9612732.00   | 2.85%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                              | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2784829.20   | 0.82%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                   | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7773218.25   | 2.30%             | 2062-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                             | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104QJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5021065.00   | 1.49%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                    | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $251268.78    | 0.07%             | 2044-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                  | MULTNOMAH CNTY OR SCH DIST #40                               | CUSIP: 625693JN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1288622.50   | 0.38%             | 2051-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                          | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1821884.80   | 0.54%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                  | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SMH4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    800000 | PA      | $805325.36    | 0.24%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                      | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CE9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9409624.00   | 2.79%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    739071 | PA      | $732210.40    | 0.22%             | 2034-01-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                           | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                | CUSIP: 154871CE5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4163899.60   | 1.23%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                          | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PDV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6845000 | PA      | $7161584.06   | 2.12%             | 2054-02-15      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                     | NEW HOPE CULTURAL EDU FACS FIN CORP TX CAPITAL IMPT REVENUE  | CUSIP: 64542YAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507242.45    | 0.15%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health & Educational Facilities Board                     | SHELBY CNTY TENN HEALTH EDL & HSG FAC BRD STUDENT HSG REVENU | CUSIP: 82170LAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $1966558.65   | 0.58%             | 2056-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                      | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308Q22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3218272.79   | 0.95%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                           | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ABK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027595.30   | 0.30%             | 2057-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                     | MELISSA TX INDEP SCH DIST                                    | CUSIP: 585488YU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4430000 | PA      | $3544242.50   | 1.05%             | 2053-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                  | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SM84<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2051738.00   | 0.61%             | 2057-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                        | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10042210.00  | 2.97%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                   | CUYAHOGA CNTY OH HOSP REVENUE                                | CUSIP: 2322655T1<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2131394.27   | 0.63%             | 2052-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                       | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1721520.40   | 0.51%             | 2048-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                             | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991852.90    | 0.29%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                       | ILLINOIS ST                                                  | CUSIP: 452153KD0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4287040.87   | 1.27%             | 2046-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PF91<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977935.20    | 0.29%             | 2038-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   8755000 | PA      | $8512863.84   | 2.52%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                  | CUSIP: 64966Q6R6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  11300000 | PA      | $10257498.16  | 3.04%             | 2053-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                        | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE  | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075000 | PA      | $3075029.21   | 0.91%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                    | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $161890.15    | 0.05%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015622.20   | 0.60%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971WWP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4004267.60   | 1.19%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Detroit City School District                                            | DETROIT MI CITY SCH DIST                                     | CUSIP: 251129ZY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7345021.71   | 2.17%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                       | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RDE6<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $241158.20    | 0.07%             | 2053-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                              | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI | CUSIP: 42934AAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $756312.00    | 0.22%             | 2043-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                        | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4071882.00   | 1.21%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                   | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1945668.49   | 0.58%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                      | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE            | CUSIP: 83703FLP5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3855068.49   | 1.14%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                      | DETROIT MI                                                   | CUSIP: 2510934Q0<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $2010216.76   | 0.60%             | 2050-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greenwood Independent School District                                   | GREENWOOD TX INDEP SCH DIST                                  | CUSIP: 397370KJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8961013.00   | 2.65%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                 | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1846191.60   | 0.55%             | 2065-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985132.00    | 0.29%             | 2032-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                      | DETROIT MI                                                   | CUSIP: 2510936E5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2502399.77   | 0.74%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                     | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1027292.01   | 0.30%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                          | LAMAR TX CONSOL INDEP SCH DIST                               | CUSIP: 513174L91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |         0 | PA      | $0.00         | 0.00%             | 2053-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                 | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1981514.00   | 0.59%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                  | M-S-R CA ENERGY AUTH GAS REVENUE                             | CUSIP: 55374SAJ9<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2374381.40   | 0.70%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                              | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI | CUSIP: 42934AAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $1145777.14   | 0.34%             | 2045-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                     | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JKN2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4811241.50   | 1.42%             | 2054-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                  | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010069.20   | 0.59%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockwall Independent School District                                    | ROCKWALL TX INDEP SCH DIST                                   | CUSIP: 774286EV6<br>LEI: 5493008ZIVPUZPQOR621 | Long             | DBT              | MUN               | US        |         0 | PA      | $0.00         | 0.00%             | 2054-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                          | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1893640.80   | 0.56%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                 | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2822113.20   | 0.84%             | 2058-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                               | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470ECC7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2829081.90   | 0.84%             | 2057-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                              | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5005000 | PA      | $4646023.38   | 1.38%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                       | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8990000 | PA      | $9024869.51   | 2.67%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Board of Managers Joint Guadalupe County-City of Seguin Hospital        | BRD OF MANAGERS TX JT GUADALUPE CNTY-CITY OF SEGUIN HOSP MTG | CUSIP: 09659MAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2812841.70   | 0.83%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                     | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1883198.20   | 0.56%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                               | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182A0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000189.50   | 0.30%             | 2034-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EMS6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1890233.60   | 0.56%             | 2065-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                   | S JERSEY NJ TRANSPRTN AUTH TRANSPRTN SYS REVENUE             | CUSIP: 838536MP2<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $959388.60    | 0.28%             | 2047-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority               | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE           | CUSIP: 34073TKA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992964.30    | 0.29%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                            | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE             | CUSIP: 39160CBN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4079988.00   | 1.21%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA                                                  | NEW ORLEANS LA                                               | CUSIP: 64763FZJ1<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12020876.40  | 3.56%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                          | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1982010.00   | 0.59%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE                                             | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794J45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2477090.00   | 0.73%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                    | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $647040.80    | 0.19%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                               | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE              | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261355.76   | 0.37%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                        | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKN7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2619847.10   | 0.78%             | 2052-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971WVY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4004568.00   | 1.19%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                             | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111F25<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1872457.00   | 0.55%             | 2055-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Greenwood Independent School District                                   | GREENWOOD TX INDEP SCH DIST                                  | CUSIP: 397370KH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2430434.68   | 0.72%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                               | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE              | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $9042292.80   | 2.68%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act             | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XFV2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2026885.00   | 0.60%             | 2059-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                     | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436003S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8961013.00   | 2.65%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                               | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869MH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $1745563.30   | 0.52%             | 2052-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-18

**Name of Applicant:** ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller