# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001410368-26-020602
**Filing Date:** 2026-2
**Character Count:** 106352
**Document Hash:** dea5ed1977bcc699647ae45fd6805bd8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-020602.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001410368-26-020602

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust
- **CENTRAL INDEX KEY:** 0000778365

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04409
- **FILM NUMBER:** 26696879

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE HIGH YIELD MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19910203

## Series and Classes Contracts Data

### Eaton Vance New York Municipal Income Fund (Series ID: S000004848)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000013130 | Eaton Vance New York Municipal Income Fund Class A | ETNYX           |
| C000013132 | Eaton Vance New York Municipal Income Fund Class C | ECNYX           |
| C000063949 | Eaton Vance New York Municipal Income Fund Class I | EINYX           |

## Nport-Ex

Eaton Vance<br>

New York Municipal Income Fund

December 31, 2025

Portfolio of Investments (Unaudited)

------

Corporate Bonds — 0.4%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 0.4% | Education — 0.4% | Education — 0.4% |
| Cornell University, 4.169%, 6/15/30 | $1445 | &nbsp;&nbsp;$1452367 |
| Total Corporate Bonds<br> (identified cost $1,445,000) |  | &nbsp;&nbsp;**$1452367** |

---

Tax-Exempt Municipal Obligations — 99.7%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Bond Bank — 2.0% | Bond Bank — 2.0% | Bond Bank — 2.0% |
| New York State Environmental Facilities Corp., (State Revolving Fund): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 9/15/47 | $3750 | &nbsp;&nbsp;$3943631 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 9/15/52 | 2480 | &nbsp;&nbsp;&nbsp;&nbsp; 2625589 |
|  |  | &nbsp;&nbsp;**$6569220** |
| Education — 9.3% | Education — 9.3% | Education — 9.3% |
| Albany Capital Resource Corp., NY, (KIPP Capital Region Public Charter Schools), 4.75%, 6/1/54 | $1325 | &nbsp;&nbsp;$1241294 |
| Build NYC Resource Corp., NY, (New World Preparatory Charter School), 4.00%, 6/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 209802 |
| Build NYC Resource Corp., NY, (Nightingale-Bamford School), 5.00%, 7/1/40 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2207953 |
| Build NYC Resource Corp., NY, (Success Academy Charter School): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/42 | 1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1130585 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/38 | 1480 | &nbsp;&nbsp;&nbsp;&nbsp; 1579254 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/39 | 1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1193020 |
| Build NYC Resource Corp., NY, (The Renaissance Charter School), 5.25%, 6/15/45 | 1470 | &nbsp;&nbsp;&nbsp;&nbsp; 1453915 |
| Dutchess County Local Development Corp., NY, (Culinary Institute of America): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 251905 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 449584 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 450309 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 629118 |
| Monroe County Industrial Development Corp., NY, (True North Rochester Preparatory Charter School), 5.00%, 6/1/50<sup>(1)</sup> | 1640 | &nbsp;&nbsp;&nbsp;&nbsp; 1563204 |
| Monroe County Industrial Development Corp., NY, (University of Rochester): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/50 | 1990 | &nbsp;&nbsp;&nbsp;&nbsp; 1811490 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 578757 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/53 | 2065 | &nbsp;&nbsp;&nbsp;&nbsp; 2149855 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| New York Dormitory Authority, (Barnard College), 4.00%, 7/1/49 | $2000 | &nbsp;&nbsp;$1778414 |
| New York Dormitory Authority, (Columbia University), 5.00%, 10/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 281316 |
| New York Dormitory Authority, (New York University): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/46 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2797874 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/41 | 1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1889722 |
| New York Dormitory Authority, (Pace University), 5.25%, 5/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 450793 |
| New York Dormitory Authority, (Rockefeller University), 4.00%, 7/1/49 | 1660 | &nbsp;&nbsp;&nbsp;&nbsp; 1515791 |
| New York Dormitory Authority, (University of New York), Green Bonds, 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 599220 |
| Onondaga Civic Development Corp., NY, (Syracuse University): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;990 | &nbsp;&nbsp;&nbsp;&nbsp; 1116053 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/41 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1114974 |
| Troy Capital Resource Corp., NY, (Rensselaer Polytechnic Institute), 5.00%, 9/1/38 | 2725 | &nbsp;&nbsp;&nbsp;&nbsp; 2888932 |
|  |  | &nbsp;&nbsp;**$31333134** |
| Electric Utilities — 2.3% | Electric Utilities — 2.3% | Electric Utilities — 2.3% |
| Utility Debt Securitization Authority, NY: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/36 | $1340 | &nbsp;&nbsp;$1555721 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 12/15/43 | 1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1331492 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 12/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 869021 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 12/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 864439 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 9/15/52 | 3050 | &nbsp;&nbsp;&nbsp;&nbsp; 3187566 |
|  |  | &nbsp;&nbsp;**$7808239** |
| General Obligations — 8.2% | General Obligations — 8.2% | General Obligations — 8.2% |
| Nassau County, NY, 4.00%, 4/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;$460305 |
| New York: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/38 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2558377 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/39 | 2375 | &nbsp;&nbsp;&nbsp;&nbsp; 2685903 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/40 | 2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2373039 |
| New York, NY: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/46 | 1980 | &nbsp;&nbsp;&nbsp;&nbsp; 1845031 |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/50 | 1775 | &nbsp;&nbsp;&nbsp;&nbsp; 1623799 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/33 | 1225 | &nbsp;&nbsp;&nbsp;&nbsp; 1405590 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/48 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2064008 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/1/42 | 1665 | &nbsp;&nbsp;&nbsp;&nbsp; 1781236 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/1/51 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5266079 |
| &nbsp;&nbsp;&nbsp;5.50%, 8/1/50 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2159679 |
| Puerto Rico: |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/29 | 1634 | &nbsp;&nbsp;&nbsp;&nbsp; 1731434 |

---

------

Eaton Vance<br>

New York Municipal Income Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Puerto Rico: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/31 | $1000 | &nbsp;&nbsp;$1099178 |
| Valley Stream, NY: |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 5/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 210258 |
| &nbsp;&nbsp;&nbsp;2.375%, 5/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp; 245949 |
|  |  | &nbsp;&nbsp;**$27509865** |
| Hospital — 2.9% | Hospital — 2.9% | Hospital — 2.9% |
| Dutchess County Local Development Corp., NY, (Health Quest System, Inc.), 4.00%, 7/1/41 | $4965 | &nbsp;&nbsp;$4753256 |
| Genesee County Funding Corp., NY, (Rochester Regional Health Energy), 5.50%, 12/1/55 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1564333 |
| Jefferson County Civic Facility Development Corp., NY, (Samaritan Medical Center), 4.00%, 11/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 380842 |
| New York Dormitory Authority, (Montefiore Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 531160 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 526108 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 532843 |
| New York Dormitory Authority, (Northwell Health Obligated Group), 4.00%, 5/1/54 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1341452 |
|  |  | &nbsp;&nbsp;**$9629994** |
| Housing — 6.6% | Housing — 6.6% | Housing — 6.6% |
| New York City Housing Development Corp., NY: |  |  |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 2.60%, 11/1/46 | $1000 | &nbsp;&nbsp;$713474 |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 2.85%, 11/1/39 | 3930 | &nbsp;&nbsp;&nbsp;&nbsp; 3355862 |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 4.30%, 11/1/45 | 1485 | &nbsp;&nbsp;&nbsp;&nbsp; 1485631 |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 4.85%, 11/1/45 | 1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1305439 |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 5.00%, 11/1/54 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1008758 |
| New York Housing Finance Agency: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.70%, 11/1/45 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1251048 |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, 2.60%, 11/1/46 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1070211 |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, (SPA: Barclays Bank PLC), 2.50%, 11/1/64<sup>(2)</sup> | 1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1400000 |
| New York Mortgage Agency: |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 4/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 115314 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.55%, 10/1/49 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5914295 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.875%, 10/1/48 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2025486 |
| Westchester County Local Development Corp., NY, (Purchase Housing Corp. II), 5.00%, 6/1/42 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2504278 |
|  |  | &nbsp;&nbsp;**$22149796** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Industrial Development Revenue — 4.4% | Industrial Development Revenue — 4.4% | Industrial Development Revenue — 4.4% |
| New York Energy Research and Development Authority, (Rochester Gas and Electric Corp.), (AMT), 4.00%, 5/15/32 | $1085 | &nbsp;&nbsp;$1111408 |
| New York State Environmental Facilities Corp., (Casella Waste Systems, Inc.), (AMT), 2.875% to 12/3/29 (Put Date), 12/1/44<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp; 888263 |
| New York Transportation Development Corp., (Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/36 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2036101 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 10/1/40 | 2960 | &nbsp;&nbsp;&nbsp;&nbsp; 3002207 |
| &nbsp;&nbsp;&nbsp;(AMT), 6.00%, 4/1/35 | 1335 | &nbsp;&nbsp;&nbsp;&nbsp; 1471934 |
| New York Transportation Development Corp., (Terminal 4 John F. Kennedy International Airport), (AMT), 3.00%, 8/1/31 | 2795 | &nbsp;&nbsp;&nbsp;&nbsp; 2653124 |
| Niagara Area Development Corp., NY, (Covanta), (AMT), 4.75%, 11/1/42<sup>(1)</sup> | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3523080 |
|  |  | &nbsp;&nbsp;**$14686117** |
| Insured - Education — 2.3% | Insured - Education — 2.3% | Insured - Education — 2.3% |
| New York Dormitory Authority, (CUNY Student Housing), (AMBAC), (BAM), 5.50%, 7/1/35 | $6600 | &nbsp;&nbsp;$7686867 |
|  |  | &nbsp;&nbsp;**$7686867** |
| Insured - Electric Utilities — 1.6% | Insured - Electric Utilities — 1.6% | Insured - Electric Utilities — 1.6% |
| Long Island Power Authority, NY, (BAM), 5.00%, 9/1/42 | $1920 | &nbsp;&nbsp;$2124797 |
| New York Power Authority, Green Transmission Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), 5.00%, 11/15/48 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1047978 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), 5.25%, 11/15/39 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1151818 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), 5.25%, 11/15/40 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1146734 |
|  |  | &nbsp;&nbsp;**$5471327** |
| Insured - Escrowed/Prerefunded — 3.0% | Insured - Escrowed/Prerefunded — 3.0% | Insured - Escrowed/Prerefunded — 3.0% |
| New York Dormitory Authority, (Memorial Sloan Kettering Cancer Center), (NPFG), Escrowed to Maturity, 0.00%, 7/1/30 | $11530 | &nbsp;&nbsp;$10166753 |
|  |  | &nbsp;&nbsp;**$10166753** |
| Insured - General Obligations — 1.0% | Insured - General Obligations — 1.0% | Insured - General Obligations — 1.0% |
| Nassau County, NY: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 4/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;$634301 |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 4/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp; 537613 |
| Oswego, NY: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 4/15/43 | 1355 | &nbsp;&nbsp;&nbsp;&nbsp; 1375759 |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 4/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;865 | &nbsp;&nbsp;&nbsp;&nbsp; 864758 |
|  |  | &nbsp;&nbsp;**$3412431** |

---

------

Eaton Vance<br>

New York Municipal Income Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Hospital — 0.4% | Insured - Hospital — 0.4% | Insured - Hospital — 0.4% |
| New York Dormitory Authority, (Montefiore Obligated Group), (BAM), 4.00%, 9/1/50 | $1500 | &nbsp;&nbsp;$1330439 |
| Westchester County Local Development Corp., NY, (Westchester Medical Center Obligated Group), (AG), 5.75%, 11/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 54227 |
|  |  | &nbsp;&nbsp;**$1384666** |
| Insured - Other Revenue — 0.8% | Insured - Other Revenue — 0.8% | Insured - Other Revenue — 0.8% |
| New York City Industrial Development Agency, NY, (Yankee Stadium): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 3/1/31 | $1690 | &nbsp;&nbsp;$1430673 |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 3/1/32 | 1130 | &nbsp;&nbsp;&nbsp;&nbsp; 1173819 |
|  |  | &nbsp;&nbsp;**$2604492** |
| Insured - Transportation — 2.7% | Insured - Transportation — 2.7% | Insured - Transportation — 2.7% |
| Metropolitan Transportation Authority, NY, Green Bonds, (BAM), 4.00%, 11/15/48 | $3250 | &nbsp;&nbsp;$2950900 |
| New York Transportation Development Corp., (John F. Kennedy International Airport New Terminal One): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), (AMT), 5.00%, 6/30/49 | 1940 | &nbsp;&nbsp;&nbsp;&nbsp; 1948009 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), (AMT), 6.00%, 6/30/43 | 1900 | &nbsp;&nbsp;&nbsp;&nbsp; 2119911 |
| New York Transportation Development Corp., (John F. Kennedy International Airport Terminal 6 Redevelopment), Green Bonds, (AG), (AMT), 5.25%, 12/31/54 | 2105 | &nbsp;&nbsp;&nbsp;&nbsp; 2135632 |
|  |  | &nbsp;&nbsp;**$9154452** |
| Lease Revenue/Certificates of Participation — 2.0% | Lease Revenue/Certificates of Participation — 2.0% | Lease Revenue/Certificates of Participation — 2.0% |
| Battery Park City Authority, NY, Sustainability Bonds, 5.00%, 11/1/53 | $3000 | &nbsp;&nbsp;$3125006 |
| Nassau County Industrial Development Agency, NY, (Cold Spring Harbor Laboratory), (SPA: TD Bank, N.A.), 2.35%, 1/1/34<sup>(2)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2500000 |
| Schenectady County Capital Resource Corp., NY, (One Broadway Center), 5.25%, 1/1/50 | 1100 | &nbsp;&nbsp;&nbsp;&nbsp; 1160045 |
|  |  | &nbsp;&nbsp;**$6785051** |
| Other Revenue — 1.0% | Other Revenue — 1.0% | Other Revenue — 1.0% |
| New York Energy Finance Development Corp., 5.00% to 12/1/33 (Put Date), 7/1/56 | $3170 | &nbsp;&nbsp;$3361351 |
|  |  | &nbsp;&nbsp;**$3361351** |
| Senior Living/Life Care — 2.3% | Senior Living/Life Care — 2.3% | Senior Living/Life Care — 2.3% |
| Buffalo and Erie County Industrial Land Development Corp., NY, (Orchard Park CCRC, Inc.), 5.00%, 11/15/37 | $4500 | &nbsp;&nbsp;$4503314 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| New York Dormitory Authority, (Orchard Park CCRC, Inc.), 5.125%, 11/15/50 | $1200 | &nbsp;&nbsp;$1206724 |
| Suffolk County Economic Development Corp., NY, (Peconic Landing at Southold, Inc.), Series 2020B, 5.00%, 12/1/40 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2036402 |
|  |  | &nbsp;&nbsp;**$7746440** |
| Special Tax Revenue — 23.1% | Special Tax Revenue — 23.1% | Special Tax Revenue — 23.1% |
| American Samoa Economic Development Authority: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;$666079 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 265288 |
| Battery Park City Authority, NY, Sustainability Bonds, 5.00%, 11/1/43 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2218595 |
| Metropolitan Transportation Authority, NY, Green Bonds, 4.00%, 11/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;965 | &nbsp;&nbsp;&nbsp;&nbsp; 892133 |
| New York City Transitional Finance Authority, NY, Future Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/48 | 3400 | &nbsp;&nbsp;&nbsp;&nbsp; 3159819 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 109843 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/46 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1051466 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/1/47 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1599317 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/1/52 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3687511 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/1/45<sup>(3)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10741400 |
| New York Dormitory Authority, Personal Income Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 2/15/47 | 1375 | &nbsp;&nbsp;&nbsp;&nbsp; 1266221 |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/47 | 1395 | &nbsp;&nbsp;&nbsp;&nbsp; 1285965 |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/48 | 1930 | &nbsp;&nbsp;&nbsp;&nbsp; 1764941 |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/54 | 1350 | &nbsp;&nbsp;&nbsp;&nbsp; 1221335 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/43 | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2979498 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/49 | 2855 | &nbsp;&nbsp;&nbsp;&nbsp; 2915943 |
| New York Dormitory Authority, Sales Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/48 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1841563 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/45 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4080488 |
| New York State Thruway Authority, Personal Income Tax Revenue, 4.00%, 3/15/55 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1818976 |
| New York State Urban Development Corp., Sales Tax Revenue, 5.00%, 3/15/49 | 3990 | &nbsp;&nbsp;&nbsp;&nbsp; 4112273 |
| New York Thruway Authority, 5.00%, 3/15/47 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1567730 |
| Puerto Rico Sales Tax Financing Corp., 5.00%, 7/1/58 | 6445 | &nbsp;&nbsp;&nbsp;&nbsp; 6215474 |
| Triborough Bridge and Tunnel Authority, NY, Payroll Mobility Tax: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 5/15/46 | 1260 | &nbsp;&nbsp;&nbsp;&nbsp; 1167385 |
| &nbsp;&nbsp;&nbsp;Series 2021A, 5.00%, 5/15/51 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2554924 |
| &nbsp;&nbsp;&nbsp;Series 2021C, 5.00%, 5/15/51 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6142580 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 5/15/47 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2630779 |

---

------

Eaton Vance<br>

New York Municipal Income Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue (continued) | Special Tax Revenue (continued) | Special Tax Revenue (continued) |
| Triborough Bridge and Tunnel Authority, NY, Real Estate Transfer Tax Revenue, 5.25%, 12/1/54 | $2500 | &nbsp;&nbsp;$2637418 |
| Triborough Bridge and Tunnel Authority, NY, Sales Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 5/15/48 | 1925 | &nbsp;&nbsp;&nbsp;&nbsp; 1798344 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/48 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5183101 |
|  |  | &nbsp;&nbsp;**$77576389** |
| Transportation — 16.5% | Transportation — 16.5% | Transportation — 16.5% |
| Metropolitan Transportation Authority, NY: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/35 | $1470 | &nbsp;&nbsp;$1702291 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.00%, 11/15/45 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1819048 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 11/15/46 | 1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1301603 |
| New York State Thruway Authority: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/45 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2807476 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/49 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1312297 |
| New York Transportation Development Corp., (John F. Kennedy Airport Terminals 6 Redevelopment), Green Bonds, (AMT), 5.50%, 12/31/60 | 2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2149507 |
| New York Transportation Development Corp., (John F. Kennedy International Airport New Terminal One), Green Bonds, (AMT), 6.00%, 6/30/54 | 1925 | &nbsp;&nbsp;&nbsp;&nbsp; 1990661 |
| New York Transportation Development Corp., (LaGuardia Airport Terminal B Redevelopment): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/1/39 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1574251 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/41 | 2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2150184 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/46 | 7100 | &nbsp;&nbsp;&nbsp;&nbsp; 7099734 |
| New York Transportation Development Corp., (Terminal 4 John F. Kennedy International Airport), (AMT), 4.00%, 12/1/42 | 1960 | &nbsp;&nbsp;&nbsp;&nbsp; 1822715 |
| Niagara Frontier Transportation Authority, NY, (Buffalo Niagara International Airport), (AMT), 5.00%, 4/1/26 | 1210 | &nbsp;&nbsp;&nbsp;&nbsp; 1211447 |
| Port Authority of New York and New Jersey: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;&nbsp; 721656 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/42 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2755708 |
| &nbsp;&nbsp;&nbsp;6.125%, 6/1/94 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2504256 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 8/1/37 | 2550 | &nbsp;&nbsp;&nbsp;&nbsp; 2748113 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/15/47 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2035341 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 8/1/52 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2110131 |
| Triborough Bridge and Tunnel Authority, NY: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/46 | 3955 | &nbsp;&nbsp;&nbsp;&nbsp; 3032779 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/48 | 3175 | &nbsp;&nbsp;&nbsp;&nbsp; 3302954 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/51 | 7545 | &nbsp;&nbsp;&nbsp;&nbsp; 7699725 |
| &nbsp;&nbsp;&nbsp;(LOC: Barclays Bank PLC), 2.50%, 1/1/32<sup>(2)</sup> | 1375 | &nbsp;&nbsp;&nbsp;&nbsp; 1375000 |
|  |  | &nbsp;&nbsp;**$55226877** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Water and Sewer — 7.3% | Water and Sewer — 7.3% | Water and Sewer — 7.3% |
| New York City Municipal Water Finance Authority, NY, (Water and Sewer System): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/51 | $4515 | &nbsp;&nbsp;$4095825 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/43 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2685516 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/47 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2079180 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/50 | 3385 | &nbsp;&nbsp;&nbsp;&nbsp; 3478909 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/51 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2077985 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/52 | 3025 | &nbsp;&nbsp;&nbsp;&nbsp; 3173602 |
| Suffolk County Water Authority, NY: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 6/1/45 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2453062 |
| &nbsp;&nbsp;&nbsp;3.25%, 6/1/42 | 4980 | &nbsp;&nbsp;&nbsp;&nbsp; 4502108 |
|  |  | &nbsp;&nbsp;**$24546187** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $329,745,534) |  | &nbsp;&nbsp;**$334809648** |

---

Taxable Municipal Obligations — 1.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations — 0.3% | General Obligations — 0.3% | General Obligations — 0.3% |
| New York, NY, 5.372%, 10/1/51 | $1170 | &nbsp;&nbsp;$1140713 |
|  |  | &nbsp;&nbsp;**$1140713** |
| Hospital — 0.2% | Hospital — 0.2% | Hospital — 0.2% |
| Jefferson County Civic Facility Development Corp., NY, (Samaritan Medical Center), 4.25%, 11/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;$620933 |
|  |  | &nbsp;&nbsp;**$620933** |
| Special Tax Revenue — 0.6% | Special Tax Revenue — 0.6% | Special Tax Revenue — 0.6% |
| Oneida Indian Nation of New York, 8.00%, 9/1/40<sup>(1)</sup> | $2000 | &nbsp;&nbsp;$2033447 |
|  |  | &nbsp;&nbsp;**$2033447** |
| Total Taxable Municipal Obligations<br> (identified cost $3,765,793) |  | &nbsp;&nbsp;**$3795093** |
| Total Investments — 101.2%<br> (identified cost $334,956,327) |  | &nbsp;&nbsp;**$340057108** |
| Other Assets, Less Liabilities — (1.2)% |  | &nbsp;&nbsp;**$(4083946)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$335973162** |

---

------

Eaton Vance<br>

New York Municipal Income Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>(1)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At December 31, 2025, the aggregate value of these securities is $9,149,163 or 2.7% of the Fund's net assets. |
| <sup>(2)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the same or next business day. The stated interest rate, which generally resets daily, is determined by the remarketing agent and represents the rate in effect at December 31, 2025. |
| <sup>(3)</sup> | Security represents the municipal bond held by a trust that issues residual interest bonds. |
| The Fund invests primarily in debt securities issued by New York municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At December 31, 2025, 11.7% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 2.3% to 4.8% of total investments. | The Fund invests primarily in debt securities issued by New York municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At December 31, 2025, 11.7% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 2.3% to 4.8% of total investments. |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AG | – Assured Guaranty, Inc. |
| AMBAC | – AMBAC Financial Group, Inc. |
| AMT | – Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
| BAM | – Build America Mutual Assurance Co. |
| LOC | – Letter of Credit |
| NPFG | – National Public Finance Guarantee Corp. |
| SPA | – Standby Bond Purchase Agreement |

---

The Fund did not have any open derivative instruments at December 31, 2025.

Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 – quoted prices in active markets for identical investments

• Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At December 31, 2025, the hierarchy of inputs used in valuing the Fund's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Corporate Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1452367 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1452367 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334809648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334809648 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3795093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3795093 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$340057108** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$340057108** |

---

Plan of Reorganization

In December 2025, the Trustees of the Fund approved an Agreement and Plan of Reorganization (the Agreement) whereby the Fund would acquire substantially all the assets and assume substantially all the liabilities of the Eaton Vance New York Municipal Opportunities Fund in exchange for shares of the Fund. Subject to the satisfaction of the conditions of the Agreement, the transaction is expected to occur after the close of business on March 20, 2026.

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Eaton Vance Municipals Trust

- **b. Investment Company Act file number:** 811-04409

- **c. CIK number of Registrant:** 0000778365

- **d. LEI of Registrant:** 549300URENTSNA53MO13

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

  - **Street Address 1:** One Post Office Square

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-482-8260

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

- **a. Name of Series:** Eaton Vance New York Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000004848

- **c. LEI of Series:** 549300EVYBCE4GB3FM23

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $344874332.24

**Total Liabilities:** $9436424.47

**Net Assets:** $335437907.77

**Cash Not Reported:** $12196.94

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -342.38000000 | **1-Year:** -7417.96000000 | **5-Year:** -50055.47000000 | **10-Year:** -144428.41000000 | **30-Year:** -57928.78000000

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

- **3-Month:** -68.51000000 | **1-Year:** -2224.10000000 | **5-Year:** -8505.26000000 | **10-Year:** -7179.06000000 | **30-Year:** -3292.23000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013130 | 1.18%                | 0.19%                | -0.02%               |
| Class ID C000013132 | 1.11%                | 0.13%                | -0.08%               |
| Class ID C000063949 | 1.30%                | 0.10%                | 0.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $131222.15               | $2948711.57                                |
| Month 2  | $235614.24               | $-723054.62                                |
| Month 3  | $46099.00                | $-1164676.88                               |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Albany Capital Resource Corp                                            | ALBANY NY CAPITAL RESOURCE CORP                                         | CUSIP: 012432EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1241294.45   | 0.37%             | 2054-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                           | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                             | CUSIP: 02936TAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $666079.28    | 0.20%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                           | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                             | CUSIP: 02936TAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265287.88    | 0.08%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | BATTERY PARK CITY NY AUTH                                               | CUSIP: 07133AJM5<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3125006.40   | 0.93%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | BATTERY PARK CITY NY AUTH                                               | CUSIP: 07133AKK7<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2218594.80   | 0.66%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                  | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE                       | CUSIP: 11943KCR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4503314.25   | 1.34%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ERQ1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    215000 | PA      | $209801.54    | 0.06%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EVQ6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1579254.42   | 0.47%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EVR4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1193019.53   | 0.36%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EVU7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1130585.00   | 0.34%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EWK8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2207953.40   | 0.66%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                 | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008EXF8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1453915.11   | 0.43%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CORNELL UNIVERSITY                                                      | Cornell University                                                      | CUSIP: 219207AD9<br>LEI: 549300ZZIJPNT0RZWP17 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1452367.10   | 0.43%             | 2030-06-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045GW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4965000 | PA      | $4753255.66   | 1.42%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045PW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251904.88    | 0.08%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045TE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $449583.88    | 0.13%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045TF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $450308.58    | 0.13%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                  | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                 | CUSIP: 267045TG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $629118.36    | 0.19%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Genesee County Funding Corp/The                                         | GENESEE CNTY NY FUNDING CORP                                            | CUSIP: 371669BF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564333.50   | 0.47%             | 2055-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                        | JEFFERSON CNTY NY CIVIC FAC DEV CORP                                    | CUSIP: 47325RAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $380841.76    | 0.11%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                        | JEFFERSON CNTY NY CIVIC FAC DEV CORP                                    | CUSIP: 47325RAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $620932.91    | 0.19%             | 2028-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                | CUSIP: 542691KX7<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1920000 | PA      | $2124796.99   | 0.63%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                                | CUSIP: 59260XCF3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    965000 | PA      | $892132.56    | 0.27%             | 2051-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261A2H9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2950899.90   | 0.88%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261A6A0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2316042.00   | 0.69%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261ACS4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1301603.42   | 0.39%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AJ99<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1819048.00   | 0.54%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TUV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1811490.04   | 0.54%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TWT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2149855.19   | 0.64%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP REVENUE                                    | CUSIP: 61075TYJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $578757.35    | 0.17%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                            | MONROE CNTY NY INDL DEV CORP CHRT SCH REVENUE                           | CUSIP: 61075YAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1563203.88   | 0.47%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Industrial Development Agency                             | NASSAU CNTY NY INDL DEV AGY                                             | CUSIP: 631657KW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.75%             | 2034-01-01      | Floating      | 2.35%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165T5X9<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |    495000 | PA      | $460305.30    | 0.14%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165TY74<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |    785000 | PA      | $784135.87    | 0.23%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | NASSAU CNTY NY                                                          | CUSIP: 63165TZ24<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |    560000 | PA      | $537612.66    | 0.16%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                | NEW YORK ENERGY FIN DEV CORP                                            | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3361350.71   | 1.00%             | 2056-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966QC24<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1781236.15   | 0.53%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966QG79<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1845031.12   | 0.55%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966QZ86<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1623799.29   | 0.48%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SHH2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2064008.20   | 0.62%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SKK1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1405590.11   | 0.42%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SPR1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2159679.20   | 0.64%             | 2050-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SRM0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5266078.50   | 1.57%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                             | CUSIP: 64966SSF4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1140713.50   | 0.34%             | 2051-10-01      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY REVENUE                                   | CUSIP: 64971PHH1<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1430672.37   | 0.43%             | 2031-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | NEW YORK CITY NY INDL DEV AGY REVENUE                                   | CUSIP: 64971PKC8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1173819.14   | 0.35%             | 2032-03-01      | 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: 64971XX94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3159818.56   | 0.94%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972E2C2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1485631.42   | 0.44%             | 2045-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972EJ91<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $713473.90    | 0.21%             | 2046-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972ELB3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3930000 | PA      | $3355861.58   | 1.00%             | 2039-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3173602.52   | 0.95%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2079180.60   | 0.62%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GF82<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2685515.75   | 0.80%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077984.60   | 0.62%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GXF6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3478909.38   | 1.04%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GZH0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4515000 | PA      | $4095824.69   | 1.22%             | 2051-06-15      | 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 REV                              | CUSIP: 64972JQA9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     95000 | PA      | $109842.76    | 0.03%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JWM6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3687511.10   | 1.10%             | 2052-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JXN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051465.80   | 0.31%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JXP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1599317.40   | 0.48%             | 2047-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KGM1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008758.10   | 0.30%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                  | NEW YORK CITY NY HSG DEV CORP MF HSG REV                                | CUSIP: 64972KME2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1305438.68   | 0.39%             | 2045-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| State of New York                                                       | NEW YORK ST                                                             | CUSIP: 649791SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2373038.71   | 0.71%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York                                                       | NEW YORK ST                                                             | CUSIP: 649791TA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2558377.13   | 0.76%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York                                                       | NEW YORK ST                                                             | CUSIP: 649791TB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2685902.46   | 0.80%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES SECONDARILY INSURED                      | CUSIP: 64983SJV8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6600000 | PA      | $7686866.88   | 2.29%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES SECONDARILY INSURED                      | CUSIP: 64983SKH7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1330439.40   | 0.40%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES                                          | CUSIP: 64983UFW5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  11530000 | PA      | $10166752.76  | 3.03%             | 2030-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                  | NEW YORK ST ENERGY RESEARCH & DEV AUTH POLL CONTROL REVENUE             | CUSIP: 649845JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1111408.36   | 0.33%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                            | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE                    | CUSIP: 649852AQ3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    930000 | PA      | $888262.62    | 0.26%             | 2044-12-01      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                            | NEW YORK ST ENVRNMNTL FACS CORP REVENUE                                 | CUSIP: 64985HR58<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3943630.88   | 1.18%             | 2047-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                            | NEW YORK ST ENVRNMNTL FACS CORP REVENUE                                 | CUSIP: 64985HR66<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2625589.14   | 0.78%             | 2052-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64985SFX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1889722.04   | 0.56%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64985SJX2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    550000 | PA      | $599219.83    | 0.18%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64985SNP4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1206724.56   | 0.36%             | 2050-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                           | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                            | CUSIP: 64985TER8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4112273.55   | 1.23%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE                          | CUSIP: 64987J3G4<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.42%             | 2064-11-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE                          | CUSIP: 64987J6T3<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251048.38   | 0.37%             | 2045-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE                          | CUSIP: 64987JMP3<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1070210.85   | 0.32%             | 2046-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                       | NEW YORK ST MTGE AGY REVENUE                                            | CUSIP: 64988RHQ8<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115314.04    | 0.03%             | 2032-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YVX2<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025486.00   | 0.60%             | 2048-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue            | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                             | CUSIP: 64988YZF7<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5914295.40   | 1.76%             | 2049-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AJA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4080488.40   | 1.22%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AJD8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1841563.40   | 0.55%             | 2048-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64990CQE4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $281316.23    | 0.08%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990F6W9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1221334.74   | 0.36%             | 2054-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FA38<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1285964.57   | 0.38%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FA46<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2915943.40   | 0.87%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FPV0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1266220.73   | 0.38%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FYR9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1764941.00   | 0.53%             | 2048-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64990GVJ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1515790.49   | 0.45%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990KHX4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2979497.68   | 0.89%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH                                                | CUSIP: 6500092H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1312297.25   | 0.39%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B4U9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    425000 | PA      | $450793.12    | 0.13%             | 2041-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B6L7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1341452.25   | 0.40%             | 2054-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B8P6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531160.45    | 0.16%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B8Q4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $526107.70    | 0.16%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B8R2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532842.80    | 0.16%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BDL9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2797873.80   | 0.83%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BSC3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1778414.00   | 0.53%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                    | CUSIP: 65000XBN9<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1151818.20   | 0.34%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                    | CUSIP: 65000XBP4<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1146734.10   | 0.34%             | 2040-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                    | CUSIP: 65000XBT6<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047977.50   | 0.31%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH GEN REVENUE JUNIOR INDEBTEDNESS OBL            | CUSIP: 650010CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2807475.60   | 0.84%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028A94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567730.55   | 0.47%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028XR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1818975.80   | 0.54%             | 2055-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2150183.61   | 0.64%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7100000 | PA      | $7099734.46   | 2.12%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116CP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036100.60   | 0.61%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3002207.53   | 0.90%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116DX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1822715.52   | 0.54%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2653123.84   | 0.79%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574250.60   | 0.47%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1471933.89   | 0.44%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1948008.71   | 0.58%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1990660.98   | 0.59%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2166068.52   | 0.65%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2149506.78   | 0.64%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116JF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2119910.94   | 0.63%             | 2043-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Niagara Area Development Corp                                           | NIAGARA NY AREA DEV CORP SOLID WASTE DISP FAC REVENUE                   | CUSIP: 653542AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3523080.00   | 1.05%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues       | NIAGARA NY FRONTIER TRANSPRTN AUTH ARPT REVENUE                         | CUSIP: 653544DC7<br>LEI: 2549006J37UHUDTNJV60 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1211446.92   | 0.36%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                        | ONEIDA INDIAN NATION NY TAX REVENUE                                     | CUSIP: 682504AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033446.60   | 0.61%             | 2040-09-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                         | ONONDAGA NY CIVIC DEV CORP                                              | CUSIP: 682832LD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1116053.33   | 0.33%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                         | ONONDAGA NY CIVIC DEV CORP                                              | CUSIP: 682832LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114974.30   | 0.33%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oswego NY                                                       | OSWEGO NY                                                               | CUSIP: 688698ZH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1375758.74   | 0.41%             | 2043-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Oswego NY                                                       | OSWEGO NY                                                               | CUSIP: 688698ZK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $864758.23    | 0.26%             | 2045-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 733580S88<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504256.50   | 0.75%             | 2094-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358W4T8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    780000 | PA      | $721656.16    | 0.22%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XFK3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2748113.07   | 0.82%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XGN6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2110130.60   | 0.63%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XHE5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035340.60   | 0.61%             | 2047-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358XPU0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2755708.50   | 0.82%             | 2042-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1633518 | PA      | $1731433.52   | 0.52%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099177.90   | 0.33%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                  | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6445000 | PA      | $6215474.22   | 1.85%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Schenectady County Capital Resource Corp                                | SCHENECTADY CNTY NY CAPITAL RESOURCE CORP LEASE REVENUE                 | CUSIP: 80641AAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1160044.93   | 0.35%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Suffolk County Economic Development Corp                                | SUFFOLK CNTY NY ECON DEV CORPREVENUE                                    | CUSIP: 86476RDK7<br>LEI: 5493003FN78GO4R0BJ89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036401.60   | 0.61%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk County Water Authority                                          | SUFFOLK CNTY NY WTR AUTH                                                | CUSIP: 864784GG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4980000 | PA      | $4502107.75   | 1.34%             | 2042-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Suffolk County Water Authority                                          | SUFFOLK CNTY NY WTR AUTH                                                | CUSIP: 864784GM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2453062.20   | 0.73%             | 2045-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5370700.00   | 1.60%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5370700.00   | 1.60%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HAB3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2554923.75   | 0.76%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HBE6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1167384.83   | 0.35%             | 2046-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HBF3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6142579.80   | 1.83%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                 | CUSIP: 89602HEN3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2630779.50   | 0.78%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RFT7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3955000 | PA      | $3032779.43   | 0.90%             | 2046-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RGP4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7545000 | PA      | $7699724.56   | 2.30%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RKC8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1375000.00   | 0.41%             | 2032-01-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RKU8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3302953.77   | 0.98%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX             | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2637418.00   | 0.79%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                  | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035BY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5183101.00   | 1.55%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                  | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                    | CUSIP: 896035BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1798344.05   | 0.54%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Troy Capital Resource Corp                                              | TROY NY CAPITAL RESOURCE CORP REVENUE                                   | CUSIP: 897579BW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2888931.64   | 0.86%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3187565.68   | 0.95%             | 2052-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RJA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1555721.64   | 0.46%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RJK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1331492.04   | 0.40%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RJM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $869020.96    | 0.26%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RJN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $864438.96    | 0.26%             | 2046-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Valley Stream NY                                             | VLY STREAM NY                                                           | CUSIP: 920100H80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $210257.90    | 0.06%             | 2027-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Village of Valley Stream NY                                             | VLY STREAM NY                                                           | CUSIP: 920100H98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $245949.26    | 0.07%             | 2028-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                               | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TDU7<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504277.50   | 0.75%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                               | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TFM3<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54226.99     | 0.02%             | 2048-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-29

**Name of Applicant:** Eaton Vance Municipals Trust

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer