# EDGAR Filing Document

**Accession Number:** 0001793129
**File Stem:** 0001793129-26-000006
**Filing Date:** 2026-3
**Character Count:** 427523
**Document Hash:** a494dc8c71ba82117c63455247f6f54c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001793129-26-000006.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0001793129-26-000006

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nuveen Dynamic Municipal Opportunities Fund
- **CENTRAL INDEX KEY:** 0001793129

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23489
- **FILM NUMBER:** 26788734

**BUSINESS ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Nport-Ex

#### Portfolio of Investments January 31, 2026

#### NDMO
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 141.9% (100.0% of Total Investments)

3118831

CORPORATE BONDS - 0.5% (0.4% of Total Investments)

3118831

HEALTH CARE EQUIPMENT & SERVICES - 0.4% (0.3% of Total Investments)

$

2,750,000

Care New England Health System

.500

%

09/01/26

$

2,747,068

TOTAL HEALTH CARE EQUIPMENT & SERVICES

2,747,068

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.1% (0.1% of Total Investments)

477,476

(a) Benloch Ranch Improvement Association No 12022 2022

.750

12/01/39

371,763

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

371,763

TOTAL CORPORATE BONDS

(Cost $3,177,543)

3,118,831

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

890480527

MUNICIPAL BONDS - 141.4% (99.6% of Total Investments)

890480527

ALABAMA - 6.3% (4.4% of Total Investments)

500,000

Alabama State University, General Tuition and Fee Revenue

Bonds, Series 2025

.500

09/01/45

542,382

550,000

Alabama State University, General Tuition and Fee Revenue

Bonds, Series 2025

.750

09/01/50

596,989

560,000

(a),(b)

Baldwin County Industrial Development Authority, Alabama,

Solid Waste Disposal Revenue Bonds, Novelis Corporation

Project, Series 2025B, (AMT), (Mandatory Put 6/01/32)

.625

06/01/55

564,640

5,000,000

(b) Black Belt Energy Gas District, Alabama, Gas Project Revenue

Bonds, Series 2023A, (Mandatory Put 10/01/30)

.250

01/01/54

5,354,176

1,000,000

(b) Black Belt Energy Gas District, Alabama, Gas Project Revenue

Bonds, Series 2025A, (Mandatory Put 5/01/32)

.250

05/01/56

1,040,503

2,360,000

(b) Hoover Industrial Development Board, Alabama,

Environmental Improvement Revenue Bonds, United States

Steel Corporation Proejcet, Green Series 2020, (AMT),

(Mandatory Put 11/01/30)

.375

11/01/50

2,592,469

7,000,000

Southeast Energy Authority, Alabama, A Cooperative District

Energy Supply Revenue Bonds Series 2024A

.000

11/01/35

7,457,915

20,000,000

(b) Southeast Energy Authority, Alabama, Commodity Supply

Revenue Bonds, Project 4, Series 2022B-1, (Mandatory Put

8/01/28)

.000

05/01/53

20,831,001

500,000

UAB Medicine Finance Authority, Alabama, Revenue Bonds,

Series 2017B-2

.000

09/01/41

506,704

TOTAL ALABAMA

39,486,779

ARIZONA - 5.7% (4.0% of Total Investments)

1,240,000

(a) Arizona Industrial Development Authority, Arizona, Education

Revenue Bonds, Heritage Academy - Gateway and Laveen

Pojects, Series 2021B

.000

07/01/51

1,070,794

7,650,000

(a) Arizona Industrial Development Authority, Arizona, Education

Revenue Bonds, Heritage Academy - Gateway and Laveen

Pojects, Taxable Series 2021A

.000

07/01/51

6,588,423

1,500,000

(a) Arizona Industrial Development Authority, Arizona, Education

Revenue Bonds, Social Bonds Pensar Academy Project, Series

2020

.000

07/01/55

1,296,044

4,630,000

(a) Arizona Industrial Development Authority, Arizona, Hotel

Revenue Bonds, Provident Group Falcon Properties LLC,

Project, Senior Series 2022A-1

.000

12/01/51

2,822,461

1,625,000

(a) Arizona Industrial Development Authority, Development First

Lien Revenue Bonds, Montanero Project, Alternative Minimum

Tax Series 2025, (AMT)

.750

12/01/55

1,660,168

1,200,000

(b) Chandler Industrial Development Authority, Arizona, Industrial

Development Revenue Bonds, Intel Corporation Project, Series

2007, (AMT), (Mandatory Put 6/15/28)

.100

12/01/37

1,215,305

555,000

(b) Chandler Industrial Development Authority, Arizona, Industrial

Development Revenue Bonds, Intel Corporation Project, Series

2019, (AMT), (Mandatory Put 6/01/29)

.000

06/01/49

566,311

1,000,000

Chandler, Arizona, Excise Tax Revenue Bonds, Series 2026

.000

07/01/40

1,161,244

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ARIZONA

(continued)

$

1,090,000

(a) Coconino County Industrial Development Authority, Arizona,

Education Revenue Bonds, Flagstaff Arts & Leadership

Academy Project, Refunding Series 2020

.500

%

07/01/40

$

1,020,492

1,000,000

(a) Maricopa County Industrial Development Authority, Arizona,

Educational Facilities Revenue Bonds, Ottawa University

Projects, Series 2020

.250

10/01/40

890,934

1,000,000

Maricopa County Pollution Control Corporation, Arizona,

Pollution Control Revenue Bonds, El Paso Electric Company

Palo Verde Project, Refunding Series 2012A

.500

08/01/42

1,000,090

3,405,000

(a) Phoenix Industrial Development Authority, Arizona, Education

Facility Revenue Bonds, Northwest Christian School Project,

Series 2020A

.000

09/01/55

2,779,428

5,265,000

(a),(c)

Pima County Industrial Development Authority, Arizona,

Education Facility Revenue Bonds, Edkey Charter Schools

Project, Refunding Series 2020

.000

07/01/35

4,212,000

6,800,000

(a),(c)

Pima County Industrial Development Authority, Arizona,

Education Facility Revenue Bonds, Edkey Charter Schools

Project, Refunding Series 2020

.000

07/01/40

5,440,000

4,545,000

(a) Pima County Industrial Development Authority, Arizona,

Education Facility Revenue Bonds, Synergy Public Charter

School Project, Series 2020-1

.000

06/15/50

4,036,435

TOTAL ARIZONA

35,760,129

ARKANSAS - 1.0% (0.7% of Total Investments)

6,500,000

(a) Arkansas Development Finance Authority, Industrial

Development Revenue Bonds, Big River Steel Project, Series

2019, (AMT)

.500

09/01/49

6,327,927

TOTAL ARKANSAS

6,327,927

CALIFORNIA - 17.6% (12.4% of Total Investments)

80,000

Alameda County Fire Department, California, General

Obligation Bonds, Series 2025

.000

06/01/43

89,800

95,000

Alameda County Fire Department, California, General

Obligation Bonds, Series 2025

.000

06/01/44

105,305

1,960,000

(b) California Community Choice Financing Authority, Clean

Energy Project Revenue Bonds, Green Series 2023C,

(Mandatory Put 10/01/31)

.250

01/01/54

2,086,305

6,770,000

(b) California Community Choice Financing Authority, Clean

Energy Project Revenue Bonds, Green Series 2023G,

(Mandatory Put 4/01/30)

.250

11/01/54

7,276,407

3,000,000

(b) California Community Choice Financing Authority, Clean

Energy Project Revenue Bonds, Green Series 2024B,

(Mandatory Put 12/01/32)

.000

01/01/55

3,167,734

1,455,000

(b) California Community Choice Financing Authority, Clean

Energy Project Revenue Bonds, Green Series 2024G,

(Mandatory Put 8/01/32)

.000

11/01/55

1,533,380

5,000,000

(b) California Community Choice Financing Authority, Clean

Energy Project Revenue Bonds, Green Series 2025D,

(Mandatory Put 7/01/34)

.000

10/01/55

5,262,088

3,815,000

(a) California Community Housing Agency, California, Essential

Housing Revenue Bonds, Creekwood, Series 2021A

.000

02/01/56

2,543,103

2,280,000

California Health Facilities Financing Authority, Revenue Bonds,

Adventist Health System/West, Series 2025A

.000

12/01/32

2,548,546

310,000

California Health Facilities Financing Authority, Revenue Bonds,

Adventist Health System/West, Series 2025A

.000

12/01/35

354,574

2,440,000

(b) California Infrastructure and Economic Development Bank,

Revenue Bonds, Brightline West Passenger Rail Project, Green

Series 2025B, (AMT), (Mandatory Put 11/02/26)

.000

01/01/65

1,830,000

400,000

(a) California Municipal Finance Authority, Revenue Bonds,

California Baptist University, Refunding Series 2025A

.125

11/01/40

421,189

6,290,000

(a) California Pollution Control Financing Authority, Water

Furnishing Revenue Bonds, Poseidon Resources Channelside

LP Desalination Project, Series 2012, (AMT)

.000

07/01/30

6,332,538

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CALIFORNIA

(continued)

$

5,000,000

(a) California Public Finance Authority, Charter School Lease

Revenue Bonds, California Crosspoint Academy Project, Series

2020A

.125

%

07/01/55

$

4,289,769

465,000

(a) California Public Finance Authority, Senior Living Revenue

Bonds, Enso Village, Refunding Green Series 2021A

.000

11/15/46

429,894

275,000

California Public Finance Authority, Senior Living Revenue

Bonds, The James, Senior Series 2024A

.375

06/01/59

262,965

2,000,000

(a) California School Finance Authority, Charter School Revenue

Bonds, Scholarship Prep Public School'sObligated Group,

Series 2020A

.000

06/01/60

1,691,490

440,000

California State Public Works Board, Lease Revenue Bonds,

Various Capital Projects, Series 2025C

.000

11/01/46

477,134

835,000

California State, General Obligation Bonds, Various Purpose

Refunding Series 2025

.000

08/01/45

915,572

710,000

California State, General Obligation Bonds, Various Purpose

Series 2025

.000

08/01/39

829,255

1,165,000

California State, General Obligation Bonds, Various Purpose

Series 2025

.000

08/01/42

1,325,450

1,070,000

California State, General Obligation Bonds, Various Purpose

Series 2025

.000

08/01/43

1,200,349

1,085,000

California State, General Obligation Bonds, Various Purpose

Series 2025

.000

08/01/44

1,203,588

1,000,000

California State, General Obligation Bonds, Various Purpose

Series 2025

.000

08/01/45

1,096,494

1,220,000

(a) California Statewide Communities Development Authority,

California, Revenue Bonds, Loma Linda University Medical

Center, Series 2016A

.000

12/01/41

1,223,599

6,180,000

(a) CSCDA Community Improvement Authority, California,

Essential Housing Revenue Bonds, Center City Anaheim, Series

2020A

.000

01/01/54

5,398,006

1,000,000

Fontana Public Facilities Financing Authority, California, Lease

Revenue Bonds, Series 2025A

.000

11/01/50

1,055,492

305,000

Los Angeles County Public Works Financing Authority,

California, Lease Revenue Bonds, Series 2025J

.000

12/01/40

357,409

810,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/40

918,326

1,865,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/41

2,088,601

1,625,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/42

1,794,105

1,300,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/43

1,419,791

1,460,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/44

1,580,550

1,640,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/45

1,760,485

1,700,000

(d) Los Angeles Department of Water and Power, California, Power

System Revenue Bonds, Series 2025D

.000

07/01/46

1,806,241

610,000

Los Angeles Department of Water and Power, California, Water

System Revenue Bonds, Series 2025C

.000

07/01/43

666,325

570,000

Los Angeles Department of Water and Power, California, Water

System Revenue Bonds, Series 2025C

.000

07/01/45

611,961

765,000

Los Angeles Department of Water and Power, California, Water

System Revenue Bonds, Series 2025C

.000

07/01/49

799,294

2,075,000

Los Angeles Municipal Improvement Corporation, California,

Lease Revenue Bonds, Convention Center, Series 2025A

.000

05/01/45

2,233,007

2,490,000

Los Angeles Municipal Improvement Corporation, California,

Lease Revenue Bonds, Convention Center, Series 2025A

.000

05/01/46

2,654,965

2,490,000

Los Angeles Municipal Improvement Corporation, California,

Lease Revenue Bonds, Convention Center, Series 2025A

.000

05/01/47

2,639,102

2,590,000

Los Angeles Municipal Improvement Corporation, California,

Lease Revenue Bonds, Convention Center, Series 2025A

.250

05/01/50

2,750,155

535,000

Modesto, California, Wastewater Revenue Bonds, Series 2025

.000

11/01/50

568,633

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CALIFORNIA

(continued)

$

985,432

(c) Northstar Community Services District, California, California

Special Tax Bonds Community Facilities District 1 Series 2006

.750

%

09/01/37

$

246,358

885,000

Oakland, California, General Obligation Bonds, Measure U

Series 2025B-1

.000

07/15/50

927,335

465,000

Oakland, California, General Obligation Bonds, Refunding

Series 2025

.000

07/15/38

540,205

3,905,000

Pasadena Unified School District, Los Angeles County,

California, General Obligation Bonds, 2020 Election Series

2025D

.250

08/01/50

4,234,118

2,500,000

Peralta Community College District, Alameda County,

California, General Obligation, Election of 2018 , Series

2025C-1

.000

08/01/50

2,658,059

1,100,000

Peralta Community College District, Alameda County,

California, General Obligation, Election of 2018 , Series

2025C-1

.000

08/01/54

1,162,717

460,000

Ravenswood City School District, San Diego County, California,

General Obligation Bonds, Election 2022 Series 2025B

.000

08/01/41

240,273

465,000

Ravenswood City School District, San Diego County, California,

General Obligation Bonds, Election 2022 Series 2025B

.000

08/01/42

227,457

850,000

Ravenswood City School District, San Diego County, California,

General Obligation Bonds, Election 2022 Series 2025B

.000

08/01/48

285,525

760,000

Ravenswood City School District, San Diego County, California,

General Obligation Bonds, Election 2022 Series 2025B

.000

08/01/50

229,172

1,070,000

River Islands Public Financing Authority, California, Special Tax

Bonds, Community Facilities District 2003-1 Improvement Area

1, Subordinate Series 2022B-2

.000

09/01/42

1,099,591

2,540,000

Sacramento City Unified School District, Sacramento County,

California, General Obligation Bonds, Election of 2024

Measure D Series 2025A

.000

08/01/50

2,674,944

2,200,000

San Francisco City and County Public Utilities Commission,

California, Wastewater Revenue Bonds, Series 2013B

.000

10/01/42

2,199,898

1,025,000

San Francisco City and County, California, Multifamily Housing

Revenue Bonds, Sunnydale Hope SF Block 9, Series 2025B-1

.000

02/01/46

1,059,230

1,075,000

(b) San Francisco City and County, California, Multifamily Housing

Revenue Bonds, Sunnydale Hope SF Block 9, Series 2025B-2,

(Mandatory Put 8/01/28)

.350

08/01/29

1,091,621

750,000

San Francisco Community College District, California, General

Obligation Bonds, Taxable Election 2020 Series 2020A-1

.165

06/15/41

605,105

500,000

San Ysidro School District, San Diego County, California,

General Obligation Bonds, 2020 Election Measure T, Series

2025C - BAM Insured

.000

08/01/47

534,879

1,000,000

San Ysidro School District, San Diego County, California,

General Obligation Bonds, 2020 Election Measure U, Series

2025C - BAM Insured

.000

08/01/47

1,069,759

1,500,000

San Ysidro School District, San Diego County, California,

General Obligation Bonds, 2020 Election Measure U, Series

2025C - BAM Insured

.000

08/01/48

1,599,371

1,000,000

Stockton Unified School District, San Joaquin County,

California, General Obligation Bonds, 2022 Election, Series

2025A - BAM Insured

.000

08/01/49

1,061,929

3,110,000

University of California, General Revenue Bonds, Series

2025CD

.000

05/15/36

3,767,027

905,000

University of California, General Revenue Bonds, Series

2025CD

.000

05/15/40

1,052,964

575,000

University of California, General Revenue Bonds, Series

2025CD

.250

05/15/40

715,730

1,835,000

University of California, General Revenue Bonds, Series

2025CD

.500

05/15/40

2,220,758

TOTAL CALIFORNIA

111,103,001

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO - 20.2% (14.2% of Total Investments)

$

2,370,000

64th Avenue ARI Authority, Adams County, Colorado, Special

Revenue Bonds, Series 2020

.500

%

12/01/43

$

2,396,161

1,000,000

(a) Aerotropolis Regional Transportation Authority, Colorado,

Special Revenue Bonds, Series 2024

.500

12/01/44

1,017,870

750,000

(a) Aerotropolis Regional Transportation Authority, Colorado,

Special Revenue Bonds, Series 2024

.750

12/01/54

747,618

5,220,000

Aurora Highlands Community Authority Board, Adams

County, Colorado, Special Tax Revenue Bonds, Refunding &

Improvement Series 2021A

.750

12/01/51

5,004,127

499,000

Aviation Station North Metropolitan District 2, Denver County,

Colorado, Limited Tax General Obligation Bonds, Refunding &

Improvement Series 2019A

.000

12/01/29

500,367

1,725,000

Belford North Metropolitan District, Douglas County, Colorado,

General Obligation Limited Tax Bonds, Series 2020A

.500

12/01/50

1,554,155

1,000,000

Bennett Ranch Metropolitan District 1, Adams County,

Colorado, General Obligation Limited Tax Bonds, Convertible

to Unlimited Tax Series 2021A

.000

12/01/51

834,108

500,000

(a) Broadway Park North Metropolitan District 2, Denver,

Colorado, Limited Tax General Obligation Bonds, Refunding &

Improvement Series 2020

.000

12/01/40

502,724

1,000,000

Broadway Station Metropolitan District 2, Denver City and

County, Colorado, General Obligation Limited Tax Bonds,

Convertible to Unlimited Series 2019A

.125

12/01/48

700,143

1,415,000

Citadel on Colfax Business Improvement District, Aurora,

Colorado, Special Revenue and Tax Supported Bonds, Senior

Series 2020A

.350

12/01/50

1,341,806

835,000

Colorado Bridge and Tunnel Enterprise, Colorado, Senior

Infrastructure Revenue Bonds, Series 2025A

.250

12/01/50

883,208

550,000

Colorado Bridge and Tunnel Enterprise, Colorado, Senior

Infrastructure Revenue Bonds, Series 2025A

.250

12/01/54

578,029

100,000

(a) Colorado Educational and Cultural Facilities Authority, Charter

School Revenue Bonds, New Summit Charter Academy Project,

Series 2021A

.000

07/01/41

84,766

6,680,000

(a) Colorado Educational and Cultural Facilities Authority, Cultural

Facilities Revenue Bonds, Stanley Project, Senior Lien Series

2025A-1

.875

02/01/59

7,027,726

2,500,000

(a) Colorado Educational and Cultural Facilities Authority, Cultural

Facilities Revenue Bonds, Stanley Project, Taxable Senior Lien

Series 2025A-2

.000

02/01/45

2,562,542

1,000,000

(a) Colorado Educational and Cultural Facilities Authority,

Revenue Bonds, Global Village Academy - Northglenn Project,

Series 2020

.000

12/01/50

891,380

500,000

(a),(c)

Colorado Health Facilities Authority, Colorado, Revenue Bonds,

Cappella of Grand Junction Project, Series 2019

.000

12/01/54

352,500

475,000

Colorado Health Facilities Authority, Colorado, Revenue Bonds,

Covenant Living Communities & Services, Series 2025A

.125

12/01/45

483,878

16,000,000

Colorado International Center Metropolitan District 8, Adams

County, Colorado, Limited Tax General Obligation Bonds,

Series 2020

.500

12/01/50

16,042,939

500,000

Crowfoot Valley Ranch Metropolitan District No. 2, Douglas

County, Colorado, Limited Tax General Obligation Bonds,

Refunding Subordinate Series 2024B

.125

12/15/54

484,375

2,277,830

Dawson Trails Metropolitan District 1, Colorado, In The

Town of Castle Rock, Limited Tax General Obligation Capital

Appreciation Turbo Bonds, Series 2024

.000

12/01/31

1,471,565

4,000,000

(a) Falcon Area Water and Wastewater Authority (El Paso County,

Colorado), Tap Fee Revenue Bonds, Series 2022A

.750

12/01/34

4,065,192

1,000,000

Foothills Metropolitan District, Fort Collins, Colorado, Special

Revenue Bonds, Series 2014

.000

12/01/38

999,715

1,378,000

Fourth North Business Improvement District, Silverthorne,

Summit County, Colorado, Special Revenue and Tax Supported

Bonds, Refunding & Improvement Senior Series 2022A

.250

12/01/32

1,405,783

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO

(continued)

$

1,200,000

Fourth North Business Improvement District, Silverthorne,

Summit County, Colorado, Special Revenue and Tax Supported

Bonds, Refunding & Improvement Senior Series 2022A

.750

%

12/01/52

$

1,203,125

1,990,000

(a) Future Legends Sports Park Metropolitan District 2, Colorado,

Limited Tax General Obligation Bonds, Series 2020A

.375

06/01/50

995,694

370,000

Hess Ranch Metropolitan District 5, Parker, Colorado, Special

Assessment Revenue Bonds, Special Improvement District 1,

Series 2024A-2

.500

12/01/43

380,926

825,000

(a) Hess Ranch Metropolitan District 5, Parker, Colorado, Special

Assessment Revenue Bonds, Special Improvement District 2,

Series 2024

.500

12/01/44

835,186

1,360,000

(a) Hogback Metropolitan District, Jefferson County, Colorado,

Limited Tax General Obligation Bonds, Convertible to

Unlimited Tax Series 2021A

.000

12/01/51

1,259,781

500,000

Independence Water & Sanitation District, Elbert County,

Colorado, Special Revenue Bonds, Refunding and

Improvement Series 2024

.125

12/01/33

522,775

5,250,000

Jefferson Center Metropolitan District 1, Arvada, Jefferson

County, Colorado, Special Revenue Bonds, Subordinate Series

2020B

.750

12/15/50

5,255,064

2,000,000

Jones District Community Authority Board, Centennial,

Colorado, Special Revenue Convertible Capital Appreciaiton

Bonds, Series 2020A

.750

12/01/50

1,955,135

1,500,000

(a) Kremmling Memorial Hospital District, Colorado, Certificates of

Participation, Series 2024

.125

12/01/44

1,505,509

1,200,000

(a) Kremmling Memorial Hospital District, Colorado, Certificates of

Participation, Series 2024

.625

12/01/56

1,184,461

1,030,000

Lanterns Metropolitan District 3, Douglas County, Colorado,

General Obligation Bonds, Limited Tax Convertible Capital

Appreciation Series 2023A-2

.000

12/01/53

864,635

560,000

Lanterns Metropolitan District 3, Douglas County, Colorado,

General Obligation Bonds, Limited Tax Series 2023A-1

.250

12/01/53

579,989

3,000,000

(a) Ledge Rock Center Commercial Metropolitan District (In the

Town of Johnstown, Weld County, Colorado), Limited Tax

General Obligation Bonds, Series 2022

.375

11/01/52

3,144,285

500,000

Mayberry Community Authority, Colorado Springs, El Paso

County, Colorado, Special Revenue Bonds, Series 2021A

.000

12/01/41

487,695

500,000

Mayberry Community Authority, Colorado Springs, El Paso

County, Colorado, Special Revenue Bonds, Series 2021A

.000

04/15/51

444,087

480,000

Mountain Sky Metropolitan District, Fort Lupton, Weld County,

Colorado, Limited Tax General Obligation Bonds, Series 2020A

.000

12/01/49

456,097

2,000,000

North Range Metropolitan District 3, Adams County, Colorado,

Limited Tax General Obligation Bonds, Series 2020A-3

.000

12/01/40

2,025,148

1,000,000

North Range Metropolitan District 3, Adams County, Colorado,

Limited Tax General Obligation Bonds, Series 2020A-3

.250

12/01/50

1,002,714

1,810,000

Northfield Metropolitan District 2, Fort Collins, Larimer County,

Colorado, Limited Tax General Obligation Bonds, Series 2020A

.000

12/01/50

1,602,592

500,000

(c) Painted Prairie Public Improvement Authority, Aurora,

Colorado, Special Revenue Bonds, Series 2019

.000

12/01/29

457,886

1,250,000

(c) Painted Prairie Public Improvement Authority, Aurora,

Colorado, Special Revenue Bonds, Series 2019

.000

12/01/39

1,108,750

285,000

(a) Peak Metropolitan District 1, Colorado Springs, El Paso County,

Colorado, Limited Tax General Obligation Bonds, Series 2021A

.000

12/01/51

241,556

1,100,000

Peak Metropolitan District 3, Colorado Springs, El Paso County,

Colorado, Limited Tax General Obligation Bonds, Series

2022A-1

.500

12/01/52

1,112,576

855,000

Pinon Pines Metropolitan District No. 3, El Paso County,

Colorado, General Obligation Limited Tax Convertible Capital

Appreciation Bonds, Series 2025

.875

12/01/54

778,103

6,965,000

Pioneer Community Authority Board (Weld County, Colorado),

Special Revenue Bonds, Series 2022

.500

12/01/34

6,880,310

3,665,000

Rampart Range Metropolitan District 1, Lone Tree, Colorado,

Limited Tax Supported and Special Revenue Bonds, Refunding

& Improvement Series 2017

.000

12/01/42

3,716,925

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO

(continued)

$

2,000,000

Rampart Range Metropolitan District 5, Lone Tree, Douglas

County, Colorado, Limited Tax Supported and Special Revenue

Bonds, Series 2021

.000

%

12/01/41

$

1,807,388

1,000,000

(a) Reagan Ranch Metropolitan District 1, Colorado Springs,

Colorado, General Obligation Bonds, Limited Tax & Special

Revenue, Series 2025

.125

12/01/54

989,603

1,000,000

Redtail Ridge Metropolitan District, City of Louisville, Boulder

County, Colorado, General Obligation Limited Tax Capital

Appreciation Turbo Bonds, Series 2025

.000

12/01/32

637,389

911,617

(a) Ridge at Johnstown Metropolitan District 8, Larimer County,

Colorado, Special Assessment Revenue Bonds, Special

Improvement District 1, Series 2024

.875

12/01/44

876,466

2,320,000

Silverstone Metropolitan District 3, Weld County, Colorado,

General Obligation and Special Revenue Bonds, Limited Tax

Series 2023

.750

12/01/45

2,366,634

1,215,000

SouthGlenn Metropolitan District, Colorado, Special Revenue

Bonds, Refunding Series 2016

.000

12/01/30

1,216,287

500,000

(a),(e)

St. Vrain Lakes Metropolitan District 4, Weld County, Colorado,

General Obligation Bonds, Firestone Convertible Capital

Appreciation Limited Tax Series 2024A

.000

09/20/54

364,533

510,000

(a) STC Metropolitan District 2, Superior, Boulder County,

Colorado, Limited Tax General Obligation and Special Revenue

Bonds, Refunding Second Lien Series 2025A-2

.250

12/01/55

512,250

2,350,000

Sterling Ranch Metropolitan District 1, El Paso County,

Colorado, General Obligation Limited Tax Bonds, Series 2020

.000

12/01/40

2,363,420

2,300,000

Sterling Ranch Metropolitan District 1, El Paso County,

Colorado, General Obligation Limited Tax Bonds, Series 2020

.125

12/01/50

2,197,884

1,000,000

Transport Metropolitan District 3, In the City of Aurora,

Adams County, Colorado, General Obligation Limited Bonds,

Convertible Capital Appreciation Series 2021A-2

.500

12/01/51

844,917

1,270,000

Transport Metropolitan District 3, In the City of Aurora, Adams

County, Colorado, General Obligation Limited Bonds, Series

2021A-1

.000

12/01/41

1,122,286

5,000,000

Velocity Metropolitan District 5, In the City of Aurora, Colorado,

Limited Tax General Obligation Bonds, Convertible Capital

Appreciation Series 2020A-2

.000

12/01/50

4,346,264

10,000,000

Velocity Metropolitan District 5, In the City of Aurora, Colorado,

Limited Tax General Obligation Bonds, Series 2020A-1

.375

12/01/50

9,669,557

1,500,000

Verve Metropolitan District 1, Jefferson County and the City

and County of Broomfield, Colorado, General Obligation

Bonds, Refunding and Improvement Limited Tax Series 2021

.000

12/01/51

1,314,973

2,200,000

(a) West Globeville Metropolitan District 1, Denver, Colorado,

General Obligation Limited Tax Bonds, Series 2024A-2

.000

12/01/54

1,440,288

630,000

(a) West Globeville Metropolitan District 1, Denver, Colorado,

Special Assessment Revenue Bonds, Special Improvement

District 1, Series 2024

.750

12/01/44

628,893

2,000,000

(a) Windler Public Improvement Authority, Aurora, Colorado,

Limited Tax Supported Revenue Bonds, Series 2021A-1

.125

12/01/51

1,515,041

912,000

Woodmen Heights Metropolitan District 2, El Paso County,

Colorado, General Obligation Limited Tax Bonds, Taxable

Converting to Tax-Exempt Refunding Subordinate Series

2020B-1

.250

12/15/40

902,583

TOTAL COLORADO

127,050,337

CONNECTICUT - 1.3% (0.9% of Total Investments)

1,320,000

Connecticut Health and Educational Facilities Authority, Chefa

Revenue Bonds, Yale University, Remarketing Series 2015A

.000

07/01/35

1,576,241

1,325,000

Connecticut Health and Educational Facilities Authority,

Revenue Bonds, Nuvance Health Series 2019A

.000

07/01/34

1,344,534

1,250,000

Connecticut Health and Educational Facilities Authority,

Revenue Bonds, Nuvance Health Series 2019A

.000

07/01/36

1,257,638

2,075,000

(d) Connecticut Health and Educational Facilities Authority,

Revenue Bonds, Yale University, Variable Rate Demand

Obligations, Series 2001V-1

.000

07/01/36

2,485,547

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CONNECTICUT

(continued)

$

1,255,000

Connecticut Housing Finance Authority, Housing Mortgage

Finance Program Bonds, Series 2016B-1

.950

%

11/15/31

$

1,248,856

TOTAL CONNECTICUT

7,912,816

DELAWARE - 0.9% (0.6% of Total Investments)

500,000

(a) Bridgeville, Delaware, Special Obligation Bonds, Heritage

Shores Special Development District, Series 2024

.625

07/01/53

503,631

2,945,000

(b) Delaware Economic Development Authority, Exempt Facility

Revenue Bonds, NRG Energy Project, Refunding Series 2020A,

(Mandatory Put 10/01/35)

.000

10/01/45

3,001,887

495,000

(f) Delaware State Housing Authority, Senior Single Family

Mortgage Revenue Bonds, Series 2024B, (UB)

.600

07/01/44

500,110

495,000

(f) Delaware State Housing Authority, Senior Single Family

Mortgage Revenue Bonds, Series 2024B, (UB)

.650

07/01/49

495,780

945,000

(f) Delaware State Housing Authority, Senior Single Family

Mortgage Revenue Bonds, Series 2024B, (UB)

.750

07/01/54

942,349

TOTAL DELAWARE

5,443,757

DISTRICT OF COLUMBIA - 0.5% (0.3% of Total Investments)

1,580,000

Delaware State Housing Authority, District Of Columbia,Senior

Single Family Mortgage Revenue Bonds, Series 2024C.

.000

10/01/37

1,828,193

1,255,000

District of Columbia, Income Tax Secured Revenue Bonds,

Series 2019A

.000

03/01/37

1,292,583

TOTAL DISTRICT OF COLUMBIA

3,120,776

FLORIDA - 9.0% (6.4% of Total Investments)

1,260,000

(a) Capital Trust Agency, Florida, Educational Facilities Lease

Revenue Bonds, South Tech Schools Project, Series 2020A

.000

06/15/55

1,140,234

650,000

(a) Charlotte County Industrial Development Authority, Florida,

Utility System Revenue Bonds, Town & Country Utilities Project,

Series 2025, (AMT)

.125

10/01/55

672,986

240,000

Edgewater West Community Development District, Osceola

County, Florida, Special Assessment Revenue Bonds,

Assessment Area One Series 2024

.500

05/01/54

232,095

10,000,000

(a) Florida Development Finance Corporation, Educational

Facilities Revenue Bonds, Discovery High School Project, Series

2020A

.000

06/01/55

6,640,814

835,000

(a) Florida Development Finance Corporation, Educational

Facilities Revenue Bonds, Renaissance Charter School Income

Projects, Series 2023A

.000

06/15/33

923,860

1,000,000

(a) Florida Development Finance Corporation, Educational

Facilities Revenue Bonds, Renaissance Charter School Income

Projects, Series 2023A

.500

06/15/38

1,080,405

1,000,000

(a) Florida Development Finance Corporation, Educational

Facilities Revenue Bonds, Renaissance Charter School Income

Projects, Series 2023A

.625

06/15/43

1,069,924

2,450,000

(a),(b)

Florida Development Finance Corporation, Florida, Solid

Waste Disposal Revenue Bonds, Waste Pro USA, Inc. Project,

Series 2023, (AMT), (Mandatory Put 7/01/26)

.125

07/01/32

2,457,713

4,240,000

(a) Florida Development Finance Corporation, Revenue Bonds,

Brightline Florida Passenger Rail Expansion Project, Brightline

Trains Florida LLC Issue, Series 2024, (AMT), (Mandatory Put

7/15/28)

.000

07/15/32

946,860

1,300,000

(f) Florida Development Finance Corporation, Revenue Bonds,

Brightline Florida Passenger Rail Expansion Project, Brightline

Trains Florida LLC Issue, Series 2024 - AGM Insured, (AMT),

(UB)

.000

07/01/44

1,287,730

1,760,000

(f) Florida Development Finance Corporation, Revenue Bonds,

Brightline Florida Passenger Rail Expansion Project, Brightline

Trains Florida LLC Issue, Series 2024, (AMT), (UB)

.250

07/01/53

1,733,889

16,155,000

(a),(b)

Florida Development Finance Corporation, Revenue Bonds,

Brightline Florida Passenger Rail Expansion Project, Series

2025B, (AMT), (Mandatory Put 6/15/26)

.000

07/01/57

11,308,500

420,000

(a) Florida Development Finance Corporation, Student Housing

Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series

2024A-1

.250

06/01/54

399,948

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

755,000

Florida State Turnpike Authority, Turnpike Revenue Bonds,

Department of Transportation, Series 2026A

.000

%

07/01/43

$

836,043

825,000

Florida State Turnpike Authority, Turnpike Revenue Bonds,

Department of Transportation, Series 2026A

.000

07/01/45

893,121

1,095,000

Grand Oaks Community Development District, Saint Johns

County, Florida, Special Assessment Bonds, Assessment Area

2, Series 2020

.250

05/01/40

1,082,071

1,500,000

Grand Oaks Community Development District, Saint Johns

County, Florida, Special Assessment Bonds, Assessment Area

2, Series 2020

.500

05/01/52

1,349,276

2,500,000

Greater Orlando Aviation Authority, Florida, Special Purpose

Airport Facilities Revenue Bonds, JetBlue Airways Corporation,

Series 2013, (AMT)

.000

11/15/36

2,500,547

1,000,000

Greater Orlando Aviation Authority, Florida, Special Purpose

Airport Facilities Revenue Bonds, United Airlines, Inc. Project,

Series 2025, (AMT)

.250

11/01/34

1,077,777

650,000

Greater Orlando Aviation Authority, Florida, Special Purpose

Airport Facilities Revenue Bonds, United Airlines, Inc. Project,

Series 2025, (AMT)

.500

11/01/36

705,849

415,000

Hobe-Saint Lucie Conservancy District, Florida, Special

Assessment Revenue Bonds, Improvement Unit 1A, Series

2024

.750

05/01/31

434,934

1,240,000

Lakewood Ranch Stewardship District, Florida, Special

Assessment Revenue Bonds, Southeast Project, Series 2025

.000

05/01/35

1,304,862

1,000,000

Lakewood Ranch Stewardship District, Florida, Special

Assessment Revenue Bonds, Southeast Project, Series 2025

.500

05/01/40

1,068,522

445,000

Lakewood Ranch Stewardship District, Florida, Special

Assessment Revenue Bonds, Southeast Project, Series 2025

.800

05/01/45

462,603

320,000

Langley South Community Development District, Florida,

Special Assessment Revenue Bonds, Mascotte Assessment

Area One Series 2024

.125

05/01/44

322,669

500,000

Miami Beach Redevelopment Agency, Florida, Tax Increment

Revenue Bonds, City Center/Historic Convention Village,

Refunding Series 2025

.000

02/01/42

536,338

1,060,000

Miami Beach Redevelopment Agency, Florida, Tax Increment

Revenue Bonds, City Center/Historic Convention Village,

Refunding Series 2025

.000

02/01/43

1,119,540

465,000

Miami Beach Redevelopment Agency, Florida, Tax Increment

Revenue Bonds, City Center/Historic Convention Village,

Refunding Series 2025

.000

02/01/44

488,042

880,000

Miami, Florida, Limited Ad Valorem Tax Bonds, Forever

Infrastructure Programs Series 2024A

.500

01/01/49

945,270

870,000

(f) Miami-Dade County, Florida, Seaport Revenue Bonds,

Refunding Series 2022A, (AMT), (UB)

.250

10/01/52

882,130

1,360,000

Miami-Dade County, Florida, Special Obligation Bonds,

Subordinate Series 2009 - BAM Insured

.000

10/01/37

905,997

95,000

(a) Mirada Community Development District, Florida, Capital

Improvement Bonds, Assessment Area 3 Series 2024

.750

05/01/31

96,892

235,000

(a) Mirada Community Development District, Florida, Capital

Improvement Bonds, Assessment Area 3 Series 2024

.625

05/01/44

238,458

195,000

(a) North AR-1 of Pasco Community Development District, Florida,

Capital Improvement Revenue Bonds, Assessment Area 5,

Series 2024

.750

05/01/44

201,176

585,000

Orlando, Florida, Contract Tourist Development Tax Payments

Revenue Bonds, Camping World Stadium, Series 2025

.250

11/01/41

663,663

720,000

Orlando, Florida, Contract Tourist Development Tax Payments

Revenue Bonds, Camping World Stadium, Series 2025

.250

11/01/42

806,894

740,000

Orlando, Florida, Contract Tourist Development Tax Payments

Revenue Bonds, Camping World Stadium, Series 2025

.250

11/01/43

818,263

580,000

Orlando, Florida, Contract Tourist Development Tax Payments

Revenue Bonds, Camping World Stadium, Series 2025

.250

11/01/44

634,131

900,000

Orlando, Florida, Contract Tourist Development Tax Payments

Revenue Bonds, Camping World Stadium, Series 2025

.250

11/01/45

972,559

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

1,000,000

Sarasota County Public Hospital District, Florida, Hospital

Revenue Bonds, Sarasota Memorial Hospital Project, Series

2018

.000

%

07/01/41

$

1,025,172

1,145,000

South Broward Hospital District, Florida, Hospital Revenue

Bonds, South Broward Hospital District Obligated Group,

Refunding Series 2016A

.000

05/01/44

1,088,925

975,000

Southeast Overtown/Park West Community Redevelopment

Agency, Florida, Tax Increment Revenue Bonds, Series 2025A

.000

03/01/38

1,079,347

530,000

Southeast Overtown/Park West Community Redevelopment

Agency, Florida, Tax Increment Revenue Bonds, Series 2025A

.000

03/01/39

584,567

455,000

Southeast Overtown/Park West Community Redevelopment

Agency, Florida, Tax Increment Revenue Bonds, Series 2025A

.250

03/01/41

501,898

175,000

(a) Three Rivers Community Development District, Florida, Special

Assessment Revenue Bonds, South Assessment Area Series

2021B

.625

05/01/36

175,025

250,000

Two Lakes Community Development District, Hialeah, Florida,

Special Assessment Bonds, Series 2024

.000

05/01/44

255,762

250,000

(a) V-Dana Community Development District, Lee County, Florida,

Special Assessment Bonds, Area 2 - 2025 Project, Series 2025

.375

05/01/45

252,369

805,000

(a) Village Community Development District 15, Florida, Special

Assessment Revenue Bonds, Series 2024

.800

05/01/55

770,047

TOTAL FLORIDA

56,975,697

GEORGIA - 1.7% (1.2% of Total Investments)

1,700,000

Atlanta Development Authority, Georgia, Economic

Development Certificates, Gulch Enterprise Zone Project,

Convertible Capital Appreciation Series 2024A-1 Class A

.500

12/15/48

1,531,946

1,000,000

(a) Atlanta Development Authority, Georgia, Revenue Bonds,

Westside Gulch Area Project, Senior Series 2024A-2

.500

04/01/39

1,037,125

1,765,000

Columbia County School District, Georgia, General Obligation

Bonds, Series 2026

.000

10/01/38

2,059,344

500,000

Gainesville and Hall County Hospital Authority, Georgia,

Revenue Anticipation Certificates, Northeast Georgia Health

Services Inc., Series 2021A - BAM Insured

.000

02/15/51

364,465

1,000,000

Griffin-Spalding County Hospital Authority, Georgia, Revenue

Anticipation Certificates, Wellstar Health System Inc., Series

2017A

.000

04/01/42

957,944

2,750,000

(a),(b)

Main Street Natural Gas Inc., Georgia, Gas Supply Revenue

Bonds, Series 2022C, (Mandatory Put 11/01/27)

.000

08/01/52

2,751,089

1,365,000

(a) Savannah-Georgia Convention Center Authority, Convention

Center Hotel Second Tier Revenue Bonds, Series 2025B

.000

06/01/50

1,349,887

750,000

(a) Savannah-Georgia Convention Center Authority, Convention

Center Hotel Second Tier Revenue Bonds, Series 2025B

.250

06/01/61

749,477

TOTAL GEORGIA

10,801,277

HAWAII - 0.1% (0.1% of Total Investments)

500,000

(a) Hawaii Department of Budget and Finance, Special Purpose

Revenue Bonds, Hawaii Pacific University Project, Refunding

Series 2024

.000

07/01/39

500,173

TOTAL HAWAII

500,173

IDAHO - 0.3% (0.2% of Total Investments)

530,000

(f) Idaho Housing and Finance Association, Single Family

Mortgage Revenue Bonds, Series 2024A, (UB)

.650

01/01/54

524,775

500,000

(a) Spring Valley Community Infrastructure District 1, Eagle, Idaho,

Special Assessment Bonds, Assessment Area Two, Series 2025

.250

09/01/54

514,553

630,000

Spring Valley Community Infrastructure District 1, Eagle, Idaho,

Special Assessment Bonds, Series 2024

.250

09/01/53

645,306

TOTAL IDAHO

1,684,634

ILLINOIS - 5.5% (3.8% of Total Investments)

120,000

Chicago, Illinois, Midway Airport Revenue Bonds, Refunding

Senior Lien Series 2023A - BAM Insured

.000

01/01/29

127,325

1,440,000

Chicago, Illinois, Midway Airport Revenue Bonds, Refunding

Senior Lien Series 2023A - BAM Insured

.000

01/01/31

1,577,009

200,000

Chicago, Illinois, Water Revenue Bonds, Refunding Second

Lien Series 2023B - AGM Insured

.000

11/01/37

219,135

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ILLINOIS

(continued)

$

240,000

Illinois Finance Authority, Revenue Bonds, Dominican

University, Refunding Series 2022

.000

%

03/01/34

$

249,712

1,900,000

(a) Illinois Finance Authority, Revenue Bonds, Illinois Institute of

Technology, Series 2025A

.875

09/01/46

1,861,046

875,000

(c) Illinois Finance Authority, Revenue Bonds, Lutheran Home and

Services, Series 2019A

.000

11/01/49

605,938

815,000

Illinois Finance Authority, Revenue Bonds, Northshore -

Edward-Elmhurst Health Credit Group, Series 2022A

.000

08/15/47

829,159

920,000

Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital

and Medical Centers, Refunding Series 2025A

.000

08/15/40

1,011,870

805,000

Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital

and Medical Centers, Refunding Series 2025A

.000

08/15/41

878,809

2,000,000

Illinois Finance Authority, Revenue Bonds, The University of

Chicago, Series 2018A

.000

10/01/48

2,013,077

2,500,000

Illinois State, General Obligation Bonds, December Series

2023C

.000

12/01/47

2,554,651

3,210,000

Illinois State, General Obligation Bonds, May Series 2020

.750

05/01/45

3,394,596

1,300,000

Illinois State, General Obligation Bonds, May Series 2024B

.250

05/01/42

1,412,222

1,205,000

Illinois State, General Obligation Bonds, May Series 2024B

.250

05/01/44

1,283,100

930,000

Illinois State, General Obligation Bonds, May Series 2024B

.250

05/01/45

979,267

930,000

Illinois State, General Obligation Bonds, May Series 2024B

.250

05/01/49

961,370

4,000,000

Illinois State, General Obligation Bonds, September Series

2025E

.000

09/01/44

4,178,274

3,000,000

Illinois State, General Obligation Bonds, September Series

2025F

.250

09/01/48

3,115,290

4,870,000

Illinois Toll Highway Authority, Toll Highway Revenue Bonds,

Refunding Senior Series 2025A

.000

01/01/46

5,190,587

1,800,000

Metropolitan Pier and Exposition Authority, Illinois, McCormick

Place Expansion Project Bonds, Refunding Series 2022A

.000

06/15/39

1,075,990

1,500,000

Metropolitan Pier and Exposition Authority, Illinois, McCormick

Place Expansion Project Bonds, Refunding Series 2022A

.000

06/15/40

844,932

TOTAL ILLINOIS

34,363,359

INDIANA - 2.5% (1.8% of Total Investments)

1,415,000

(a) Gary Local Public Improvement Bond Bank, Indiana, Economic

Development Revenue Bonds, Drexel Foundation for

Educational Excellence Project, Refunding Series 2020A

.875

06/01/55

1,264,629

1,190,000

Indiana Finance Authority, Educational Facilities Revenue

Bonds, Depauw University Project, Series 2019

.000

07/01/37

1,228,515

3,125,000

Indiana Finance Authority, Environmental Improvement

Revenue Bonds, United States Steel Corporation Project, Series

2020, (AMT)

.750

05/01/39

3,516,549

730,000

Indianapolis Local Public Improvement Bond Bank, Indiana,

Revenue Bonds, Convention Center Hotel Senior Series 2023E

.750

03/01/43

776,769

680,000

Indianapolis Local Public Improvement Bond Bank, Indiana,

Revenue Bonds, Convention Center Hotel Senior Series 2023E

.000

03/01/53

707,586

4,060,000

Indianapolis Local Public Improvement Bond Bank, Indiana,

Revenue Bonds, Convention Center Hotel Subordinate Series

2023F-1

.750

03/01/67

4,466,132

3,770,000

(b) Whiting, Indiana, Environmental Facilities Revenue Bonds,

BP Products North America Inc. Project, Series 2015, (AMT),

(Mandatory Put 6/10/31)

.400

11/01/45

3,968,804

TOTAL INDIANA

15,928,984

IOWA - 0.8% (0.6% of Total Investments)

1,500,000

Iowa Finance Authority, Healthcare Revenue Bonds, Pella

Regional Health Center, Series 2025

.750

12/01/55

1,555,297

2,500,000

Iowa Finance Authority, Iowa, Midwestern Disaster Area

Revenue Bonds, Alcoa Inc. Project, Series 2012

.750

08/01/42

2,500,416

60,000

Iowa Finance Authority, Revenue Bonds, Lifespace

Communities, Inc., Series 2024A

.000

05/15/39

63,153

75,000

Iowa Finance Authority, Revenue Bonds, Lifespace

Communities, Inc., Series 2024A

.000

05/15/44

75,314

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

IOWA

(continued)

$

910,000

Iowa Finance Authority, Revenue Bonds, Lifespace

Communities, Inc., Series 2024A

.000

%

05/15/49

$

865,548

TOTAL IOWA

5,059,728

KANSAS - 0.4% (0.3% of Total Investments)

305,000

(a) Garden City, Kansas, Sales Tax Special Obligation Revenue

Bonds, Sports of the World Star Bond Project Phase II, Series

2025

.000

06/01/29

304,756

1,500,000

Kansas Development Finance Authority, Kansas, Revenue

Bonds, Kansas Department of Health & Environment, Revolving

Funds Series 2026SRF

.000

05/01/42

1,693,791

500,000

Wichita, Kansas, Health Care Facilities Revenue Bonds,

Presbyterian Manors, Series 2024VIII

.750

05/15/45

493,175

TOTAL KANSAS

2,491,722

KENTUCKY - 1.3% (0.9% of Total Investments)

2,695,000

Bell County, Kentucky, Special Assessment Industrial Building

Revenue Bonds, Boone's Ridge Project, Series 2020

.000

12/01/40

2,750,169

2,175,000

Carroll County, Kentucky, Environmental Facilities Revenue

Bonds, Kentucky Utilities Company Project, Refunding Series

2006B, (AMT)

.125

10/01/34

1,895,453

1,545,000

Kentucky State Property and Buildings Commission, Revenue

Bonds, Project 133, Series 2025A

.000

09/01/44

1,673,416

720,000

Kentucky State Property and Buildings Commission, Revenue

Bonds, Project 133, Series 2025A

.000

09/01/45

769,056

980,000

Newport, Kentucky, Special Obligation Revenue Bonds,

Newport Clifton Project, Series 2020B

.500

12/01/60

821,583

TOTAL KENTUCKY

7,909,677

LOUISIANA - 0.8% (0.5% of Total Investments)

1,150,000

(a) Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds,

Lincoln Preparatory School Project, Series 2021A

.250

06/01/51

894,011

450,000

(a) Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Lake Charles Charter Academy Foundation Project, Refunding

Series 2024A

.000

12/15/43

437,043

880,000

Louisiana Publics Facilities Authority, Louisiana, Revenue

Bonds, I-10 Calcasieu River Bridge Public-Private Partnership

Project, Senior Lien Series 2024, (AMT)

.750

09/01/64

907,333

500,000

(a) Plaquemines Port, Louisiana, Harbor and Terminal District

Facilities Revenue Bonds NOLA Terminal LLC Project Dock and

Wharf Series 2024A

.000

12/01/44

433,578

2,000,000

(a) Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics,

L.P. Project, Series 2010

.350

07/01/40

2,200,591

TOTAL LOUISIANA

4,872,556

MAINE - 0.3% (0.2% of Total Investments)

2,000,000

Maine Health and Higher Educational Facilities Authority

Revenue Bonds, Eastern Maine Medical Center Obligated

Group Issue, Series 2016A

.000

07/01/46

1,850,951

TOTAL MAINE

1,850,951

MARYLAND - 0.3% (0.2% of Total Investments)

185,000

(a) Baltimore, Maryland, Special Obligation Bonds, Harbor Point

Project, Refunding Series 2022

.500

06/01/33

190,230

1,405,000

(b),(d)

Maryland Health and Higher Educational Facilities Authority,

Revenue Bonds, MedStar Health Issue, Series 2026B,

(Mandatory Put 8/15/36)

.000

08/15/56

1,603,369

TOTAL MARYLAND

1,793,599

MASSACHUSETTS - 0.5% (0.4% of Total Investments)

425,000

Massachusetts Development Finance Agency, Revenue Bonds,

Boston Medical Center Issue, Green Bonds, Series 2015D

.000

07/01/44

420,989

980,000

Massachusetts Development Finance Agency, Revenue Bonds,

Smith College, Series 2025

.000

07/01/45

958,476

420,000

Massachusetts Development Finance Agency, Revenue Bonds,

UMass Memorial Health Care Obligated Group Issue, Series

2025N-2

.000

07/01/35

479,772

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MASSACHUSETTS

(continued)

$

495,000

Massachusetts State, General Obligation Bonds, Consolidated

Loan Series 2025G

.000

%

12/01/45

$

537,348

780,000

Massachusetts State, General Obligation Bonds, Consolidated

Loan Series 2025G

.000

12/01/50

819,117

TOTAL MASSACHUSETTS

3,215,702

MICHIGAN - 3.2% (2.3% of Total Investments)

2,884,160

(c) Detroit City & General Retirement System Service Corporation,

Michigan, Certificates of Participation, Taxable Series 2005A -

FGIC Insured

.000

06/15/26

3,147,340

830,000

Detroit Regional Convention Authority, Michigan, Special Tax

Revenue Bonds, Refunding Series 2024C

.000

10/01/37

922,266

4,971,590

(b) Detroit, Wayne County, Michigan, General Obligation Bonds,

Financial Recovery Series 2014B-1

.000

04/01/44

3,916,020

510,000

Great Lakes Water Authority, Michigan, Sewer Disposal System

Revenue Bonds, Second Lien Series 2025C

.500

07/01/50

549,657

870,000

Great Lakes Water Authority, Michigan, Water Supply Revenue

Bonds, Second Lien Series 2025D

.500

07/01/50

937,650

1,100,000

Great Lakes Water Authority, Michigan, Water Supply Revenue

Bonds, Senior Lien Series 2025C

.250

07/01/50

1,172,770

665,000

Michigan Finance Authority, Local Government Loan Program

Revenue Bonds, Public Lighting Authority Refunding Local

Project, Refunding Series 2025A - BAM Insured

.000

07/01/41

734,756

690,000

Michigan Finance Authority, Local Government Loan Program

Revenue Bonds, Public Lighting Authority Refunding Local

Project, Refunding Series 2025A - BAM Insured

.000

07/01/42

753,513

1,100,000

Michigan Hospital Finance Authority, Hospital Revenue Bonds,

Corewell Health, Series 2025A

.000

08/15/43

1,180,251

1,500,000

Michigan Hospital Finance Authority, Hospital Revenue Bonds,

Corewell Health, Series 2025A

.000

08/15/46

1,567,272

2,230,000

(f) Michigan Housing Development Authority, Rental Housing

Revenue Bonds, Series 2023A, (UB)

.100

10/01/53

2,267,588

1,720,000

Michigan Strategic Fund, Limited Obligation Revenue Bonds,

I-75 Improvement Project, Series 2018, (AMT)

.000

12/31/43

1,728,128

230,000

Southfield Public Schools, County Of Oakland, State Of

Michigan, General Obligation Bonds, School Building and Site

Series 2025

.250

05/01/55

241,428

1,070,000

Wayne County Airport Authority, Michigan, Revenue Bonds,

Detroit Metropolitan Wayne County Airport, Series 2023B -

AGM Insured, (AMT)

.250

12/01/37

1,198,682

TOTAL MICHIGAN

20,317,321

MINNESOTA - 1.3% (0.9% of Total Investments)

1,000,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated

Group, Series 2018A

.250

02/15/48

908,517

1,550,000

Minnesota State, General Obligation Bonds, State Trunk

Highway Series 2024B

.000

08/01/36

1,813,036

3,745,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Community School of

Excellence, Series 2023

.500

03/01/53

3,706,128

1,140,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Hope Community

Academy Project, Series 2020A

.000

12/01/55

829,185

1,210,000

(a) Woodbury, Minnesota, Charter School Lease Revenue Bonds,

Math and Science Academy, Refunding Series 2025

.500

06/01/55

1,138,397

TOTAL MINNESOTA

8,395,263

MISSISSIPPI - 0.5% (0.3% of Total Investments)

1,190,000

(f) Warren County, Mississippi, Certificates of Participation, Lease

Purchase Jail Project Series 2023 - BAM Insured, (UB)

.000

09/01/48

1,294,349

1,580,000

(f) Warren County, Mississippi, Certificates of Participation, Lease

Purchase Jail Project Series 2023 - BAM Insured, (UB)

.000

09/01/53

1,705,107

TOTAL MISSISSIPPI

2,999,456

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MISSOURI - 0.6% (0.4% of Total Investments)

$

775,000

(a) Missouri Development Finance Board, Tax Increment and

Special District Revenue Bonds, Lakeport Village Project, Series

2025A

.500

%

06/15/45

$

769,110

500,000

(a) Missouri Health and Educational Facilities Authority, Health

Facilities Revenue Bonds, Truman Medical Center, Inc., Pass-

Through Certificate Series 2017

.250

12/01/42

461,858

2,625,000

Saint Louis Municipal Finance Corporation, Missouri, Leasehold

Revenue Bonds, Convention Center, Expansion & Improvement

Projects Series 2020 - AGM Insured

.000

10/01/45

2,691,427

TOTAL MISSOURI

3,922,395

NEBRASKA - 2.9% (2.0% of Total Investments)

9,300,000

Boys Town Village, Nebraska, Revenue Bonds, Boys Town

Project Series 2026

.000

07/01/46

9,654,929

3,750,000

(b) Central Plains Energy Project, Nebraska, Gas Project Revenue

Bonds, Project 5, Series 2022-1, (Mandatory Put 10/01/29)

.000

05/01/53

3,944,924

4,665,000

(f) Nebraska Investment Finance Authority, Single Family Housing

Revenue Bonds, Social Series 2024C, (UB)

.700

09/01/49

4,678,605

TOTAL NEBRASKA

18,278,458

NEVADA - 0.3% (0.2% of Total Investments)

1,832,349

(a),(c)

Director of Nevada State Department of Business & Industry,

Environmental Improvement Revenue Bonds, Fulcrum Sierra

BioFuels LLC Project, Green Series 2020

.750

02/15/38

1,735,000

(b) Director of Nevada State Department of Business and Industry,

Revenue Bonds, Brightline West Passenger Rail Project, Senior

Subordinated Secured Series 2025B, (AMT), (Mandatory Put

11/02/26)

.000

01/01/65

1,301,250

420,000

Las Vegas, Nevada, Local Improvement Bonds, Special

Improvement District 611 Sunstone Phase I and II, Series 2020

.000

06/01/40

389,873

TOTAL NEVADA

1,691,141

NEW HAMPSHIRE - 1.9% (1.3% of Total Investments)

500,000

(a) National Finance Authority, New Hampshire, Resource

Recovery Revenue Bonds, Covanta Project, Refunding Series

2018B

.625

11/01/42

448,076

5,130,000

(a) National Finance Authority, New Hampshire, Special

Revenue Bonds, Bridgeland Water & Utility Districts

418,489,492,493,157 & 159, Series 2025

.875

12/15/33

5,132,180

393,000

(a) National Finance Authority, New Hampshire, Special Revenue

Bonds, Mill Creek Project, Montgomery County, Texas Series

2025

.950

12/01/31

393,468

1,000,000

(a) National Finance Authority, New Hampshire, Special Revenue

Bonds, Tamarron Project, Fort Bend County, Texas, Series 2024

.250

12/01/35

999,927

1,855,000

(a) National Finance Authority, New Hampshire, Special Revenue

Bonds, The Chambers Creek Project, Montgomery County,

Texas Municipal Utility Districts, Capital Appreciation Series

2025

.000

12/15/32

1,185,151

283,000

(a) National Finance Authority, New Hampshire, Special Revenue

Bonds, Wildflower Project, Denton County, Texas, Capital

Appreciation Series 2025

.000

12/15/33

171,339

4,000,000

(a) New Hampshire Health and Education Facilities Authority,

Revenue Bonds, Covenant Health Group Series 2023

.000

07/01/37

3,531,804

TOTAL NEW HAMPSHIRE

11,861,945

NEW JERSEY - 1.9% (1.3% of Total Investments)

1,180,000

(a) New Jersey Economic Development Authority, Energy Facilities

Revenue Bonds, UMM Energy Partners, LLC Project, Series

2012A

.000

06/15/30

1,180,567

650,000

(a) New Jersey Economic Development Authority, New Jersey,

Dock and Wharf Facility Revenue Bonds, Repauno Port & Rail

Terminal Project, Series 2025, (AMT)

.375

01/01/35

678,155

750,000

New Jersey Economic Development Authority, Revenue Bonds,

Motor Vehicle Surcharge, Refunding Subordinate Series 2017A

.375

07/01/30

750,702

2,935,000

New Jersey Transportation Trust Fund Authority, Transportation

Program Bonds, Series 2025AA

.000

06/15/50

3,039,785

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEW JERSEY

(continued)

$

555,000

New Jersey Transportation Trust Fund Authority, Transportation

Program Bonds, Series 2025AA

.250

%

06/15/50

$

590,328

2,000,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2008A

.000

12/15/37

1,319,348

1,295,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2008A

.000

12/15/38

812,276

4,970,000

New Jersey Transportation Trust Fund Authority, Transportation

System Bonds, Series 2009A

.000

12/15/39

2,946,342

490,000

Passaic County Improvement Authority, New Jersey, Charter

School Revenue Bonds, Paterson Charter School for Science

and Technology, Inc. Project, Series 2025

.500

07/01/40

497,093

TOTAL NEW JERSEY

11,814,596

NEW MEXICO - 1.1% (0.8% of Total Investments)

6,927,000

(a) Winrock Town Center Tax Increment Development District

1, Albuquerque, New Mexico, Gross Receipts Tax Increment

Bonds, Subordinate Lien Series 2020

.000

05/01/40

6,932,983

TOTAL NEW MEXICO

6,932,983

NEW YORK - 9.0% (6.4% of Total Investments)

3,745,000

Battery Park City Authority, New York, Revenue Bonds, Senior

Sustainability Green Series 2025

.000

11/01/50

3,949,765

1,240,000

(a) Build NYC Resource Corporation, New York, Revenue Bonds,

Albert Einstein College of Medicine, Inc, Series 2023

.250

06/01/55

1,288,922

5,000,000

(a) Build NYC Resource Corporation, New York, Revenue Bonds,

Family Life Academy Charter School, Series 2020A-1

.500

06/01/55

4,385,044

1,270,000

(a) Build NYC Resource Corporation, New York, Revenue Bonds,

Family Life Academy Charter School, Series 2020C-1

.000

06/01/40

1,223,015

3,000,000

(a) Build NYC Resource Corporation, New York, Revenue Bonds,

Family Life Academy Charter School, Series 2020C-1

.000

06/01/55

2,444,460

955,000

Dormitory Authority of the State of New York, Revenue Bonds,

Montefiore Medical Center, Series 2024

.250

11/01/42

1,018,419

770,000

Dormitory Authority of the State of New York, Revenue Bonds,

Montefiore Medical Center, Series 2024

.250

11/01/43

811,754

150,000

Dormitory Authority of the State of New York, Revenue Bonds,

Montefiore Medical Center, Series 2024

.500

11/01/47

155,835

450,000

Dormitory Authority of the State of New York, Revenue Bonds,

White Plains Hospital, Series 2024

.250

10/01/49

453,944

7,630,000

Dutchess County Local Development Corporation, New York,

Revenue Bonds, Health Quest Systems, Inc. Project, Series

2016B

.000

07/01/32

7,677,656

1,095,000

Dutchess County Local Development Corporation, New York,

Revenue Bonds, Health Quest Systems, Inc. Project, Series

2016B

.000

07/01/35

1,100,527

750,000

Glen Cove Local Economic Assistance Corporation, New York,

Revenue Bonds, Garvies Point Public Improvement Project,

Capital Appreciation Series 2016C

.625

01/01/55

675,373

1,000,000

(f) New York City Housing Development Corporation, New York,

Multifamily Housing Revenue Bonds, Sustainable Development

Series 2024A-1, (UB)

.650

11/01/49

999,167

1,720,000

(f) New York City Housing Development Corporation, New York,

Multifamily Housing Revenue Bonds, Sustainable Development

Series 2024A-1, (UB)

.750

11/01/54

1,700,924

975,000

(f) New York City Housing Development Corporation, New York,

Multifamily Housing Revenue Bonds, Sustainable Development

Series 2024B-1-A, (UB)

.750

11/01/54

964,187

410,000

(a) New York City Housing Development Corporation, New York,

Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Class

F Series 2024

.250

12/15/31

425,008

140,000

New York City Housing Development Corporation, New York,

Multi-Family Mortgage Revenue Bonds, 8 Spruce Street,

Taxable Class E Series 2024

.375

12/15/31

144,183

450,000

New York State Housing Finance Agency, State Personal

Income Tax Revenue Bonds, Economic Development and

Housing Sustainability Green Series 2024C

.000

12/15/39

456,418

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEW YORK

(continued)

$

630,000

New York State Housing Finance Agency, State Personal

Income Tax Revenue Bonds, Economic Development and

Housing Sustainability Green Series 2024C

.300

%

12/15/44

$

619,187

200,000

New York State Thruway Authority, General Revenue Junior

Indebtedness Obligations, Refunding Series 2026A

.000

01/01/36

238,755

170,000

New York State Thruway Authority, General Revenue Junior

Indebtedness Obligations, Refunding Series 2026A

.000

01/01/38

199,277

260,000

New York State Thruway Authority, General Revenue Junior

Indebtedness Obligations, Refunding Series 2026A

.000

01/01/43

287,201

255,000

New York State Thruway Authority, General Revenue Junior

Indebtedness Obligations, Refunding Series 2026A

.000

01/01/44

278,185

235,000

New York State Thruway Authority, General Revenue Junior

Indebtedness Obligations, Refunding Series 2026A

.000

01/01/45

254,491

2,500,000

New York Transportation Development Corporation, New

York, Special Facilities Bonds, LaGuardia Airport Terminal B

Redevelopment Project, Series 2016A, (AMT)

.000

07/01/41

2,500,432

8,055,000

New York Transportation Development Corporation, New York,

Special Facility Revenue Bonds, American Airlines, Inc. John F

Kennedy International Airport Project, Series 2020, (AMT)

.250

08/01/31

8,379,193

3,400,000

New York Transportation Development Corporation, New York,

Special Facility Revenue Bonds, American Airlines, Inc. John F

Kennedy International Airport Project, Series 2020, (AMT)

.375

08/01/36

3,563,588

395,000

New York Transportation Development Corporation, New

York, Special Facility Revenue Bonds, New Terminal 1 John

F Kennedy International Airport Project, Green Series 2023,

(AMT)

.500

06/30/39

425,148

165,000

New York Transportation Development Corporation, New

York, Special Facility Revenue Bonds, New Terminal 1 John

F Kennedy International Airport Project, Green Series 2023,

(AMT)

.500

06/30/40

176,270

835,000

New York Transportation Development Corporation, New

York, Special Facility Revenue Bonds, New Terminal 1 John

F Kennedy International Airport Project, Green Series 2023,

(AMT)

.375

06/30/60

831,170

3,000,000

New York Transportation Development Corporation, Special

Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport

Terminals C&D Redevelopment Project, Series 2020, (AMT)

.000

10/01/40

3,089,679

1,600,000

New York Transportation Development Corporation, Special

Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport

Terminals C&D Redevelopment Project, Series 2023, (AMT)

.000

04/01/35

1,771,245

2,805,000

New York Transportation Development Corporation, Special

Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport

Terminals C&D Redevelopment Project, Series 2023, (AMT)

.625

04/01/40

2,979,464

1,370,000

(f) Triborough Bridge and Tunnel Authority, New York, Real Estate

Transfer Tax Revenue Bonds, MTA Bridges and Tunnels, TBTA

Capital Lockbox Fund, Series 2025A, (UB)

.250

12/01/54

1,443,007

TOTAL NEW YORK

56,910,893

NORTH CAROLINA - 0.1% (0.1% of Total Investments)

470,000

Charlotte, North Carolina, Storm Water Fee Revenue Bonds,

Refunding Series 2024

.000

12/01/36

551,626

370,000

North Carolina Medical Care Commission, Retirement Facilities

First Mortgage Revenue Bonds, The Forest at Duke, Inc., Series

2021

.000

09/01/46

318,772

TOTAL NORTH CAROLINA

870,398

NORTH DAKOTA - 0.2% (0.2% of Total Investments)

1,500,000

North Dakota Housing Finance Agency, Home Mortgage

Program Revenue Bonds, Social Series 2024D

.500

07/01/44

1,510,415

TOTAL NORTH DAKOTA

1,510,415

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

OHIO - 1.4% (1.0% of Total Investments)

$

1,995,000

Buckeye Tobacco Settlement Financing Authority, Ohio,

Tobacco Settlement Asset-Backed Revenue Bonds, Refunding

Senior Lien Series 2020B-2 Class 2

.000

%

06/01/55

$

1,643,555

550,000

Dayton-Montgomery County Port Authority, Ohio,

Development Revenue Bonds, Dayton Regional Stem Schools

Inc. Project, Series 2024

.000

12/01/44

557,612

400,000

Dayton-Montgomery County Port Authority, Ohio,

Development Revenue Bonds, Dayton Regional Stem Schools

Inc. Project, Series 2024

.000

12/01/60

387,526

675,000

Hamilton County, Ohio, Hospital Facilities Revenue Bonds, UC

Health, Series 2025A

.500

08/01/42

722,984

1,270,000

Hamilton County, Ohio, Hospital Facilities Revenue Bonds, UC

Health, Series 2025A

.500

08/01/43

1,343,877

400,000

Montgomery County, Ohio, Health Care Facilities Revenue

Bonds, Solvita Project Refunding and Improvement Series 2024

.250

09/01/49

408,783

500,000

Montgomery County, Ohio, Health Care Facilities Revenue

Bonds, Solvita Project Refunding and Improvement Series 2024

.250

09/01/54

508,487

250,000

(a) Ohio Housing Finance Agency, Multifamily Housing Revenue

Bonds, Silver Birch of Mansfield Project, Series 2024

.000

01/01/45

252,766

610,000

(f) Ohio Housing Finance Agency, Residential Mortgage Revenue

Bonds, Mortgage-Backed Securities Program, Social Series

2024A, (UB)

.650

09/01/54

600,534

1,000,000

Ohio Water Development Authority, Water Pollution Control

Loan Fund Revenue Bonds, Series 2025

.000

12/01/35

1,197,505

1,010,000

University of Cincinnati, Ohio, General Receipts Bonds, Series

2025A

.250

06/01/43

1,111,281

TOTAL OHIO

8,734,910

OKLAHOMA - 0.2% (0.1% of Total Investments)

1,000,000

Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds,

American Airlines Inc., Series 2025, (AMT)

.250

12/01/35

1,161,896

TOTAL OKLAHOMA

1,161,896

OREGON - 0.3% (0.2% of Total Investments)

1,165,000

Astoria Hospital Facilities Authority, Oregon, Hospital Revenue

Bonds, Columbia Memorial Hospital Project, Series 2024

.250

08/01/49

1,168,588

235,000

Oregon State Department of Transportation, Highway User Tax

Revenue Bonds, Subordinate Lien Series 2026A

.000

11/15/37

275,097

250,000

Oregon State Department of Transportation, Highway User Tax

Revenue Bonds, Subordinate Lien Series 2026A

.000

11/15/38

290,048

95,000

Oregon State Department of Transportation, Highway User Tax

Revenue Bonds, Subordinate Lien Series 2026A

.000

11/15/39

108,687

TOTAL OREGON

1,842,420

PENNSYLVANIA - 5.3% (3.8% of Total Investments)

1,000,000

Allegheny County Hospital Development Authority,

Pennsylvania, Revenue Bonds, University of Pittsburgh Medical

Center, Series 2019A

.000

07/15/37

1,004,344

870,000

(a) Allentown Neighborhood Improvement Zone Development

Authority, Pennsylvania, Tax Revenue Bonds, 615 Waterfront

Project, Senior Series 2021

.000

05/01/42

915,566

3,000,000

(a) Allentown Neighborhood Improvement Zone Development

Authority, Pennsylvania, Tax Revenue Bonds, City Center

Refunding Project, Series 2017

.000

05/01/42

3,018,319

1,625,000

(a) Allentown Neighborhood Improvement Zone Development

Authority, Pennsylvania, Tax Revenue Bonds, Neuweiler Lofts

Project, Series 2023

.250

05/01/42

1,651,711

1,000,000

(a) Dauphin County General Authority, Pennsylvania, Revenue

Bonds, Harrisburg University of Science & Technology Project,

Series 2017

.125

10/15/41

650,000

2,000,000

(a) Dauphin County General Authority, Pennsylvania, Revenue

Bonds, Harrisburg University of Science & Technology Project,

Series 2020

.250

10/15/53

1,300,000

9,000,000

Geisinger Authority, Montour County, Pennsylvania, Health

System Revenue Bonds, Geisinger Health System, Series

2017A-2

.000

02/15/39

9,144,021

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PENNSYLVANIA

(continued)

$

1,000,000

(a) Lehigh County Industrial Development Authority, Pennsylvania,

Revenue Bonds, Provident Group -Lehigh Valley International

Airport Hotel Project First Tier Series 2025A-2

.750

%

01/01/65

$

966,216

1,065,000

(a) Lehigh County Industrial Development Authority, Pennsylvania,

Revenue Bonds, Provident Group -Lehigh Valley International

Airport Hotel Project Second Tier Series 2025C

.750

01/01/65

1,031,675

1,300,000

(c),(g)

Pennsylvania Economic Development Financing Authority,

Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless

Hills LLC Project, Series 2021A

.000

12/01/31

300,000

(b) Pennsylvania Economic Development Financing Authority,

Exempt Facilities Revenue Bonds, PPL Energy Supply, LLC

Project, Refunding Series 2009C, (Mandatory Put 6/01/27)

.250

12/01/37

301,526

2,960,000

Pennsylvania Economic Development Financing Authority,

Parking System Revenue Bonds, Capitol Region Parking

System, Junior Guaranteed Series 2013B - BAM Insured

.000

01/01/45

1,193,332

2,040,000

Pennsylvania Economic Development Financing Authority,

Revenue Bonds, University of Pittsburgh Medical Center, Series

2017A

.000

11/15/42

1,962,312

3,000,000

(b),(f)

Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2023-143A, (UB)

.450

04/01/51

3,105,043

340,000

(f) Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2024-144A, (UB)

.450

10/01/44

341,457

1,850,000

(f) Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2024-144A, (UB)

.600

10/01/49

1,843,272

2,545,000

(f) Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2024-145A, (UB)

.750

10/01/49

2,557,365

2,545,000

(f) Pennsylvania Housing Finance Agency, Single Family Mortgage

Revenue Bonds, Social Series 2025-148A, (UB)

.800

10/01/55

2,532,585

TOTAL PENNSYLVANIA

33,518,874

PUERTO RICO - 6.9% (4.9% of Total Investments)

5,950,000

Children's Trust Fund, Puerto Rico, Tobacco Settlement Asset-

Backed Bonds, Series 2008A

.000

05/15/57

282,966

3,500,000

(a) Puerto Rico Aqueduct and Sewerage Authority, Revenue

Bonds, Refunding Senior Lien Series 2021B

.000

07/01/37

3,629,086

6,500,000

(a) Puerto Rico Aqueduct and Sewerage Authority, Revenue

Bonds, Refunding Senior Lien Series 2021B

.000

07/01/42

6,186,489

8,000,000

(c) Puerto Rico Electric Power Authority, Revenue Bonds, Series

2010XX

.250

07/01/40

5,032,772

409,281

Puerto Rico Highway and Transportation Authority Highway

Revenue Bonds Series 2022

.250

07/01/38

409,378

2,150,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Restructured 2018A-1

.550

07/01/40

2,153,631

1,000,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax

Revenue Bonds, Taxable Restructured Cofina Project Series

2019A-2

.784

07/01/58

955,573

10,450,945

Puerto Rico, GDB Debt Recovery Authority Commonwealth

Bonds, Taxable Series 2018

.500

08/20/40

10,253,161

8,359,678

Puerto Rico, General Obligation Bonds, Clawback Highway

Transportation Authority Claims Taxable Series 2022

.000

11/01/51

5,569,636

4,570,000

Puerto Rico, General Obligation Bonds, Commonwealth

Clawback CVIS Taxable Series 2022

.000

11/01/51

1,833,712

3,980,943

Puerto Rico, General Obligation Bonds, Commonwealth

Clawback CVIS Taxable Series 2022

.000

11/01/51

1,975,543

1,029,483

Puerto Rico, General Obligation Bonds, Restructured Series

2022A-1

.000

07/01/33

754,673

Puerto Rico, General Obligation Bonds, Restructured Series

2022A-1

.000

07/01/35

1,117,147

Puerto Rico, General Obligation Bonds, Restructured Series

2022A-1

.000

07/01/37

1,099,023

Puerto Rico, General Obligation Bonds, Restructured Series

2022A-1

.000

07/01/41

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PUERTO RICO

(continued)

$

5,267,007

Puerto Rico, General Obligation Bonds, Vintage CW NT Claims

Taxable Series 2022

.000

%

11/01/43

$

3,456,473

TOTAL PUERTO RICO

43,592,261

SOUTH CAROLINA - 0.7% (0.5% of Total Investments)

1,000,000

South Carolina Jobs-Economic Development Authority,

Educational Facilities Revenue Bonds, Columbia College,

Refunding Series 2020A

.625

10/01/40

989,868

1,000,000

(a) South Carolina Jobs-Economic Development Authority,

Educational Facilities Revenue Bonds, Horse Creek Academy

Project, Series 2021A

.000

11/15/55

867,840

2,170,000

South Carolina Jobs-Economic Development Authority, Health

Care Facilities Revenue Bonds, Novant Health Group, Series

2024A

.500

11/01/49

2,314,827

250,000

South Carolina Jobs-Economic Development Authority,

Healthcare Revenue Bonds, Beaufort Memorial Hospital &

South of Broad Healthcare Project, Series 2024

.500

11/15/44

259,335

TOTAL SOUTH CAROLINA

4,431,870

TENNESSEE - 2.1% (1.5% of Total Investments)

410,000

Chattanooga Health, Educational and Housing Facility Board,

Tennessee, Health System Revenue Bonds, Erlanger Health

Series 2024

.250

12/01/40

454,838

485,000

Chattanooga Health, Educational and Housing Facility Board,

Tennessee, Health System Revenue Bonds, Erlanger Health

Series 2024

.250

12/01/41

535,723

1,395,000

Chattanooga Health, Educational and Housing Facility Board,

Tennessee, Health System Revenue Bonds, Erlanger Health

Series 2024

.250

12/01/42

1,521,149

1,195,000

Chattanooga Health, Educational and Housing Facility Board,

Tennessee, Health System Revenue Bonds, Erlanger Health

Series 2024

.250

12/01/43

1,287,457

2,205,000

Chattanooga Health, Educational and Housing Facility Board,

Tennessee, Health System Revenue Bonds, Erlanger Health

Series 2024

.250

12/01/44

2,348,048

650,000

Metropolitan Government of Nashville-Davidson County

Health and Educational Facilities Board, Tennessee, Revenue

Bonds, Belmont University, Series 2023

.000

05/01/40

701,574

2,705,000

Metropolitan Government of Nashville-Davidson County

Health and Educational Facilities Board, Tennessee, Revenue

Bonds, Vanderbilt University, Series 2023A

.000

07/01/28

2,860,522

2,905,000

Metropolitan Government of Nashville-Davidson County

Health and Educational Facilities Board, Tennessee, Revenue

Bonds, Vanderbilt University, Series 2023A

.000

07/01/33

3,299,311

TOTAL TENNESSEE

13,008,622

TEXAS - 9.7% (6.9% of Total Investments)

500,000

(a) Abilene Convention Center Hotel Development Corporation,

Texas, Hotel Revenue Bonds, Second-Lien Series 2021B

.000

10/01/50

429,280

1,190,000

Arlington Higher Education Finance Corporation, Texas,

Education Revenue Bonds, Brooks Academies, Series 2021A

.000

06/15/31

1,143,556

1,835,000

Austin, Texas, Certificates of Obligation, Series 2025

.000

09/01/40

2,080,670

725,000

Austin, Texas, General Obligation Bonds, Refunding & Public

Improvement Series 2025

.000

09/01/43

794,314

2,740,000

(d) Board of Regents of the University of Texas System, Revenue

Financing System Bonds, Series 2026A

.000

08/15/39

3,178,718

1,565,000

(d) Board of Regents of the University of Texas System, Revenue

Financing System Bonds, Series 2026A

.000

08/15/40

1,804,642

1,565,000

(d) Board of Regents of the University of Texas System, Revenue

Financing System Bonds, Series 2026A

.000

08/15/41

1,781,313

1,255,000

(d) Board of Regents of the University of Texas System, Revenue

Financing System Bonds, Series 2026A

.000

08/15/42

1,414,569

785,000

(d) Board of Regents of the University of Texas System, Revenue

Financing System Bonds, Series 2026A

.000

08/15/43

874,354

940,000

(d) Board of Regents of the University of Texas System, Revenue

Financing System Bonds, Series 2026A

.000

08/15/44

935,237

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TEXAS

(continued)

$

325,000

(a) Buda, Texas, Special Assessment Revenue Bonds, Persimmon

Public improvement District Improvement Area 1 Project,

Series 2025

.875

%

09/01/45

$

325,445

500,000

(a) Buda, Texas, Special Assessment Revenue Bonds, Persimmon

Public improvement District Major Improvement Area Project,

Series 2025

.750

09/01/55

491,801

3,720,000

Chambers County Justice Center Public Facilities Corporation,

Texas, Lease Revenue Bonds, Series 2024

.500

06/01/55

3,915,915

225,000

(a) City of Midlothian, Texas, Westside Preserve Public

Improvement District Improvement Area #1 Project Special

Assessment Revenue Bonds Series 2022

.750

09/15/32

229,751

800,000

(d) Conroe Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2026

.000

02/15/40

905,241

440,000

(d) Conroe Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2026

.000

02/15/41

492,496

895,000

(d) Conroe Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2026

.000

02/15/43

981,303

980,000

(d) Conroe Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2026

.000

02/15/44

1,063,798

1,020,000

(d) Conroe Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2026

.000

02/15/45

1,094,986

940,000

(d) Conroe Independent School District, Montgomery County,

Texas, General Obligation Bonds, School Building Series 2026

.000

02/15/46

1,001,290

325,000

(a) Denton County, Texas, Special Assessment Revenue

Bonds, Green Meadows Public Improvement District Major

Improvement Area Project, Series 2025

.125

12/31/55

334,503

215,000

(a) Denton County, Texas, Special Assessment Revenue Bonds,

Green Meadows Public Improvement District, Improvement

Area 1 Project, Series 2025

.375

12/31/45

222,121

540,000

(d) El Paso Independent School District, El Paso County, Texas,

General Obligation Bonds, Refunding Series 2026A

.000

08/15/38

605,822

580,000

(d) El Paso Independent School District, El Paso County, Texas,

General Obligation Bonds, Refunding Series 2026A

.000

08/15/39

646,500

1,005,000

(d) El Paso Independent School District, El Paso County, Texas,

General Obligation Bonds, Refunding Series 2026A

.000

08/15/40

1,111,667

370,000

(d) El Paso Independent School District, El Paso County, Texas,

General Obligation Bonds, Refunding Series 2026A

.000

08/15/41

407,545

385,000

(d) El Paso Independent School District, El Paso County, Texas,

General Obligation Bonds, Refunding Series 2026A

.000

08/15/42

419,867

1,280,000

Fort Bend County Industrial Development Corporation, Texas,

Revenue Bonds, NRG Energy Inc. Project, Series 2012B

.750

11/01/42

1,280,239

570,000

Galveston, Texas, Wharves and Terminal First Lien Revenue

Bonds, Series 2023, (AMT)

.000

08/01/43

620,037

1,000,000

Houston, Texas, Airport System Special Facilities Revenue

Bonds, United Airlines, Inc. Terminal Improvements Project,

Series 2024B, (AMT)

.500

07/15/36

1,095,094

1,000,000

Houston, Texas, Airport System Special Facilities Revenue

Bonds, United Airlines, Inc. Terminal Improvements Project,

Series 2024B, (AMT)

.500

07/15/38

1,084,262

5,610,000

Love Field Airport Modernization Corporation, Texas, General

Airport Revenue Bonds, Refunding Series 2021 - AGM Insured,

(AMT)

.000

11/01/38

5,648,051

1,500,000

Matagorda County Navigation District 1, Texas, Pollution

Control Revenue Bonds, AEP Texas Central Company Project,

Remarketing, Series 2008-1

.000

06/01/30

1,500,825

625,000

(a) McLendon-Chisholm, Texas, Special Assessment Revenue

Bonds, Sonoma Public Improvement District Improvement

Area 3 Project, Series 2021

.625

09/15/41

542,241

500,000

(a) Mesquite, Texas, Special Assessment Revenue Bonds, Solterra

Public Improvement District Improvement Area A-1 Projects,

Series 2023

.500

09/01/43

517,686

375,000

(a) Mission Economic Development Corporation, Texas, Utility

Revenue Bonds, Permian Basin Water Resources Project, Series

2025A, (AMT)

.750

08/15/45

386,408

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TEXAS

(continued)

$

1,025,000

(a) Mission Economic Development Corporation, Texas, Utility

Revenue Bonds, Permian Basin Water Resources Project, Series

2025A, (AMT)

.000

%

08/15/60

$

1,055,526

4,175,000

(a) New Hope Cultural Education Facilities Finance Corporation,

Texas, Education Revenue Bonds, Southwest Preparatory

School, Series 2020A

.000

08/15/50

3,738,841

3,360,000

Pflugerville, Travis and Williamson Counties, Texas, Certificates

of Obligation, Combination Tax and Revenue Limited Series

2023

.250

08/01/55

3,542,135

450,000

(a) Pilot Point, Denton, Grayson, and Cooke Counties, Texas,

Special Assessment Revenue Bonds, Bryson Ranch Public

Improvement District Zone A Improvement Area 1 Project,

Series 2025

.125

09/15/45

465,978

185,000

(a) Pilot Point, Denton, Grayson, and Cooke Counties, Texas,

Special Assessment Revenue Bonds, Bryson Ranch Public

Improvement District Zone A Improvement Area 1 Project,

Series 2025

.125

09/15/55

190,090

8,845,000

(a) Port Beaumont Industrial Development Authority, Texas, Facility

Revenue Bonds, Jefferson Gulf Coast Energy Project, Series

2021B

.100

01/01/28

8,080,375

155,000

(a) Princeton, Texas, Special Assessment Revenue Bonds,

Winchester Crossing Public Improvement District 3 Project,

Series 2024

.125

09/01/44

152,818

1,900,000

(a) Sachse, Texas, Special Assessment Bonds, Sachse Public

Improvement District 1 Major Improvement Area Project, Series

2020

.375

09/15/40

1,968,417

700,000

Texas Private Activity Bond Surface Transportation Corporation,

Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-

635 Managed Lanes Project, Refunding Series 2020A

.000

06/30/40

696,971

TOTAL TEXAS

61,252,698

UTAH - 2.7% (1.9% of Total Investments)

205,000

(a) Black Desert Public Infrastructure District, Washington County,

Utah, Special Assessment Bonds, Black Desert Assessment

Area 1, Series 2024

.625

12/01/53

206,316

500,000

(a) Mida Cormont Public Infrastructure District, Utah, Limited Tax

General Obligation Bonds, Series 2025A-2

.750

06/01/55

426,773

5,000,000

(a) Nordic Village Public Infrastructure District 1, Weber County,

Utah, Limited Tax General Obligation and Special Revenue

Bonds, Series 2025

.500

03/01/55

5,141,374

500,000

(a) Red Bridge Public Infrastructure District 1, Utah, Limited Tax

General Obligation Bonds, Series 2021A

.125

02/01/41

437,297

1,000,000

(a) Ridges Estates Infrastructure Financing District, Utah, Special

Assessment Bonds, Alpine Hollow Assessment Area, Series

2025

.250

12/01/53

1,029,575

1,400,000

(a) Tech Ridge Public Infrastructure District, St. George,

Washington County, Utah, Special Assessment and Tax

Increment Bonds, Tech Ridge Assessment Area, Series 2025

.250

12/01/54

1,446,148

935,000

(a) Utah Charter School Finance Authority, Charter School

Revenue Bonds, Paradigm High School Project, Series 2020A

.125

07/15/51

782,112

1,140,000

(f) Utah Housing Corporation, Single Family Mortgage Bonds,

Series 2024C, (UB)

.650

01/01/49

1,141,171

2,015,000

Utah Transit Authority, Sales Tax Revenue Bonds, Refunding

Series 2024

.000

06/15/38

2,310,175

1,685,000

(a) Verk Industrial Regional Public Infrastructure District, Utah, Tax

Differential Revenue Bonds, Series 2025

.625

09/01/47

1,773,378

500,000

(a) Wakara Ridge Public Infrastructure District, Utah, Special

Assessment Bonds, Wakara Ridge Assessment Area, Series

2025

.625

12/01/54

509,357

2,540,000

(a) Wohali Public Infrastructure District 1, Utah, Special Assessment

Revenue Bonds, Assessment Area 1 Series 2023

.000

12/01/42

2,110,572

TOTAL UTAH

17,314,248

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

VIRGIN ISLANDS - 1.2% (0.8% of Total Investments)

$

2,380,000

Virgin Islands Hotel Development Financing Corporation, Hotel

Revenue Bonds Frenchmanas Reef Hotel Acquisition Project,

Senior Lien Series 2025A-1

.750

%

02/01/45

$

2,368,795

2,200,000

Virgin Islands Hotel Development Financing Corporation, Hotel

Revenue Bonds Frenchmanas Reef Hotel Acquisition Project,

Senior Lien Series 2025A-1

.000

12/01/55

2,186,553

1,250,000

(a) Virgin Islands Public Finance Authority, Revenue Bonds,

Frenchman's Reef Hotel Development Hotel Occupancy Series

2024A

.000

04/01/53

1,251,060

750,000

Virgin Islands Transportation & Infrastructure Corporation,

Virgin Islands, Grant Anticipation Revenue Bonds, Federal

Highway Grant Anticipation Revenue Loan Note, Series 2025

.000

09/01/42

817,347

1,000,000

(a) West Indian Company Limited, Virgin Islands, Port Facilities

Revenue Bonds WICO Financing Series 2022A

.125

10/01/42

966,588

TOTAL VIRGIN ISLANDS

7,590,343

VIRGINIA - 0.7% (0.5% of Total Investments)

1,640,000

(a) Cherry Hill Community Development Authority, Virginia,

Special Assesment Bonds, Potomac Shores Project, Series 2015

.400

03/01/45

1,641,196

1,600,000

Virginia Small Business Financing Authority, Revenue Bonds,

Elizabeth River Crossing OPCO, LLC Project, Refunding Senior

Lien Series 2022, (AMT)

.000

01/01/40

1,568,166

985,000

(a) Virginia Small Business Financing Authority, Tourism

Development Financing Program Revenue Bonds, Virginia

Beach Oceanfront South Hotel Project, Senior Series 2020A-1

.000

10/01/43

979,554

TOTAL VIRGINIA

4,188,916

WASHINGTON - 2.4% (1.7% of Total Investments)

660,000

(b) Washington Economic Development Finance Authority, Port

Revenue Bonds, Husky Terminal Improvement Project, Series

2025, (AMT), (Mandatory Put 12/01/30)

.875

12/01/45

665,902

1,000,000

Washington Health Care Facilities Authority, Revenue Bonds,

CommonSpirit Health, Series 2025A

.000

09/01/41

1,098,992

1,000,000

Washington Health Care Facilities Authority, Revenue Bonds,

CommonSpirit Health, Series 2025A

.000

09/01/42

1,088,330

1,550,000

Washington Health Care Facilities Authority, Revenue Bonds,

CommonSpirit Health, Series 2025A

.000

09/01/45

1,633,015

1,795,000

Washington Health Care Facilities Authority, Revenue Bonds,

CommonSpirit Health, Series 2025A

.250

09/01/50

1,880,145

1,770,000

Washington Health Care Facilities Authority, Revenue Bonds,

Providence Health & Services, Series 2014D

.000

10/01/41

1,771,728

1,915,000

(b) Washington Health Care Facilities Authority, Revenue Bonds,

Providence Saint Joseph Health, Refunding Series 2021B,

(Mandatory Put 10/01/30)

.000

10/01/42

1,989,489

5,557,598

Washington State Housing Finance Commission, Social

Municipal Certificates Multifamily Revenue Bonds, Series 2023-

1 Class A

.375

04/20/37

5,314,784

TOTAL WASHINGTON

15,442,385

WEST VIRGINIA - 0.6% (0.4% of Total Investments)

700,000

.Ohio County Commission, West Virginia, Tax Increment

Revenue Bonds, The Highlands Project, Refunding &

Improvement Series 2024

.250

06/01/53

687,637

100,000

(a) Monongalia County Commission, West Virginia, Special District

Excise Tax Revenue Bonds, University Town Centre Economic

Opportunity Development District, Subordinate Improvement

Series 2023A

.000

06/01/43

105,478

430,000

Ohio County Commission, West Virginia, Special District

Excise Tax Revenue Bonds, Fort Henry Economic Opportunity

Development District-the Highlands Project, Refunding &

Improvement Series 2025A

.250

06/01/45

457,318

3,660,000

(a),(c)

West Virginia Economic Development Authority, Dock and

Wharf Facilities Revenue Bonds, Empire Trimodal Terminal, LLC

Project, Series 2020

.625

12/01/40

1,830,000

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

WEST VIRGINIA

(continued)

$

200,000

(a),(b)

West Virginia Economic Development Authority, Solid Waste

Disposal Facilities Revenue Bonds, Core Natural Resources,

INC Project, AMT Series 2025, (AMT), (Mandatory Put 3/27/35)

.450

%

01/01/55

$

218,383

700,000

(a),(b)

West Virginia Economic Development Authority, Solid Waste

Disposal Facilities Revenue Bonds, Core Natural Resources,

INC Project, AMT Series 2025, (AMT), (Mandatory Put 5/15/32)

.625

04/15/55

716,331

TOTAL WEST VIRGINIA

4,015,147

WISCONSIN - 7.2% (5.1% of Total Investments)

3,000,000

(a),(c)

Gillett, Wisconsin, Solid Waste Disposal Revenue Bonds, WI

RNG Hub North LLC Renewable Natural Gas Production Plant

Project, Series 2021A

.500

12/01/32

2,343,844

6,350,000

(a) Public Finance Authority of Wisconsin, Charter School Revenue

Bonds, Freedom Classical Academy Inc., Series 2020A

.000

01/01/56

5,293,556

390,000

Public Finance Authority of Wisconsin, Charter School Revenue

Bonds, North East Carolina Preparatory School Project,

Refunding Series 2024A

.000

06/15/44

390,205

1,360,000

(a) Public Finance Authority of Wisconsin, Conference Center and

Hotel Revenue Bonds, Lombard Public Facilities Corporation,

First Tier Series 2025

.150

01/01/55

1,360,121

2,265,000

(a) Public Finance Authority of Wisconsin, Education Revenue

Bonds, Bonnie Cone Classical Academy, Series 2024

.500

06/15/49

1,791,466

175,000

Public Finance Authority of Wisconsin, Education Revenue

Bonds, Shining Rock Classical Academy, Series 2022A

.125

06/15/57

154,950

1,000,000

(a) Public Finance Authority of Wisconsin, Education Revenue

Bonds, The Capitol Encore Academy, Series 2021A

.000

06/01/56

816,473

1,000,000

(a) Public Finance Authority of Wisconsin, Educational Facility

Revenue Bonds, LEAD Academy Project, Series 2021

.000

08/01/51

740,072

2,000,000

Public Finance Authority of Wisconsin, Hotel Revenue Bonds,

Grand Hyatt San Antonio Hotel Acquisition Project, Senior Lien

Series 2022A

.000

02/01/52

1,964,753

1,670,000

(a) Public Finance Authority of Wisconsin, Hotel Revenue

Bonds, Grand Hyatt San Antonio Hotel Acquisition Project,

Subordinate Lien Series 2022B

.625

02/01/46

1,710,659

2,000,000

(a) Public Finance Authority of Wisconsin, Hotel Revenue

Bonds, Grand Hyatt San Antonio Hotel Acquisition Project,

Subordinate Lien Series 2022B

.000

02/01/62

2,053,148

5,000,000

(a) Public Finance Authority of Wisconsin, Limited Obligation

PILOT Revenue Bonds, American Dream @ Meadowlands

Project, Series 2017

.000

12/01/50

4,000,000

3,000,000

(a) Public Finance Authority of Wisconsin, Multifamily Housing

Revenue Bonds, Promenade Apartments Project, Series 2024

.250

02/01/39

3,073,863

1,000,000

(b) Public Finance Authority of Wisconsin, Pollution Control

Revenue Bonds, Duke Energy Progress Project, Refunding

Series 2022B, (Mandatory Put 10/01/30)

.000

10/01/46

1,032,745

1,025,000

(a) Public Finance Authority of Wisconsin, Revenue Bonds,

Revolution Academy, Refunding Series 2023A

.250

10/01/58

1,040,278

1,500,000

Public Finance Authority of Wisconsin, Revenue Bonds, Sky

Harbour LLC Obligated Group Aviation Facilities Project, Series

2021, (AMT)

.000

07/01/41

1,418,623

500,000

Public Finance Authority of Wisconsin, Revenue Bonds, Sky

Harbour LLC Obligated Group Aviation Facilities Project, Series

2021, (AMT)

.250

07/01/54

416,066

100,000

(c),(g)

Public Finance Authority of Wisconsin, Wisconsin Revenue

Note, KDC Agribusiness LLC Project, Series 2022B

.000

12/31/26

1,000,000

Public Finance Authority, Wisconsin, Educational Revenue

Bonds, Lake Norman Charter School, Series 2024A

.000

06/15/64

936,344

500,000

(a) Public Finance Authority, Wisconsin, Revenue Bonds, Two Step

Project, Series 2024

.000

12/15/34

295,723

1,000,000

(a) Public Finance Authority, Wisconsin, Tax Increment Revenue

Senior Bonds, World Center Project Series 2024A

.000

06/01/41

1,021,789

500,000

(a) Public Finance Authority, Wisconsin, Tax Increment Revenue

Subordinate Bonds, World Center Project Series 2024B

.000

06/15/42

509,729

#### Portfolio of Investments January 31, 2026
(continued)

#### NDMO

All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

WISCONSIN

(continued)

$

4,460,000

Public Finance Authority, Wisconsin, Toll Revenue Bonds,

Georgia SR 400 Express Lanes Project, Senior Lien Series 2025

.750

%

06/30/60

$

4,622,309

3,320,000

Public Finance Authority, Wisconsin, Toll Revenue Bonds,

Georgia SR 400 Express Lanes Project, Senior Lien Series 2025

.750

12/31/65

3,435,838

2,450,000

Wisconsin Center District, Dedicated Tax Revenue Bonds,

Senior Series 2020C

.000

12/15/45

973,168

150,000

Wisconsin Health and Educational Facilities Authority,

Wisconsin, Revenue Bonds, Dickson Hollow Phase 2 Project,

Series 2024

.450

10/01/39

160,435

2,500,000

Wisconsin Health and Educational Facilities Authority,

Wisconsin, Revenue Bonds, Froedtert Health, Inc. Obligated

Group, Series 2017A

.000

04/01/39

2,503,316

1,000,000

Wisconsin State, General Obligation Bonds, Series 2026A

.000

05/01/38

1,167,609

TOTAL WISCONSIN

45,227,092

TOTAL MUNICIPAL BONDS

(Cost $916,299,473)

890,480,527

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

VARIABLE RATE SENIOR LOAN INTERESTS - 0.0% (0.0% of Total Investments)

CAPITAL GOODS - 0.0% (0.0% of Total Investments)

128,676

(c),(g),(h)

KDC Agribusiness Fairless Hills LLC

.000

09/17/26

TOTAL CAPITAL GOODS

TOTAL VARIABLE RATE SENIOR LOAN INTERESTS

(Cost $128,676)

SHARES

DESCRIPTION

VALUE

52,020

WARRANTS - 0.0% (0.0% of Total Investments)

52,020

TRANSPORTATION - 0.0% (0.0% of Total Investments)

34,680

(g),(i)

BL TRAIN HOLDINGS WEST LLC

52,020

TOTAL TRANSPORTATION

52,020

TOTAL WARRANTS

(Cost $0)

52,020

TOTAL LONG-TERM INVESTMENTS

(Cost $919,605,692)

893,651,391

FLOATING RATE OBLIGATIONS - (4.2)%

(26,445,000)

MFP SHARES, NET - (38.1)%(j)

(239,711,000)

OTHER ASSETS & LIABILITIES, NET - 0.4%

2,415,879

NET ASSETS APPLICABLE TO COMMON SHARES - 100%

$

629,911,270

AMT

Alternative Minimum Tax

UB

Underlying bond of an inverse floating rate trust reflected as a financing transaction. Inverse floating rate trust is a Recourse Trust

unless otherwise noted.

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the fiscal period, the aggregate value of these securities is $261,242,763 or 29.2% of Total Investments.

(b) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed

securities the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(c) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of

bankruptcy.

(d) When-issued or delayed delivery security.

(e) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding.

The rate shown is the coupon as of the end of the fiscal period.

(f) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse

floating rate transactions.

(g) For fair value measurement disclosure purposes, investment classified as Level 3.

(h) Senior loan received as part of the bondholder funding agreement during June 2023 for Pennsylvania Economic Development

Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2021A, 10.000%,

12/01/31.

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

(i) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(j) MFP Shares, Net as a percentage of Total Investments is 26.8%.

NDMO

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Corporate Bonds

$

–

$

3,118,831

$

–

$

3,118,831

Municipal Bonds

–

890,480,387

890,480,527

Variable Rate Senior Loan Interests

–

–

Warrants

–

–

52,020

52,020

Total

$

–

$

893,599,218

$

52,173

$

893,651,391

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nuveen Dynamic Municipal Opportunities Fund

- **b. Investment Company Act file number:** 811-23489

- **c. CIK number of Registrant:** 0001793129

- **d. LEI of Registrant:** 549300U0TWS55O2SJ275

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

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

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

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

- **c. LEI of Series:** 549300U0TWS55O2SJ275

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $935688554.00

**Total Liabilities:** $305743377.00

**Net Assets:** $629945177.00

**Delayed Delivery Securities:** $33911152.00

**Cash Not Reported:** $15290622.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -5290.61000000 | **5-Year:** -19158.45000000 | **10-Year:** -179152.27000000 | **30-Year:** -155509.60000000

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

- **3-Month:** -146.34000000 | **1-Year:** -1532.78000000 | **5-Year:** -8342.05000000 | **10-Year:** -92593.64000000 | **30-Year:** -195701.34000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.11%                | -0.27%               | 0.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $65896.45                | $-1277070.35                               |
| Month 2  | $-233855.15              | $-3679243.04                               |
| Month 3  | $512921.50               | $2775328.91                                |

**Designated Index Information**

- **Index Name:** S&P Municipal Yield

- **Index Identifier:** SPMI:SPMUHT00

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| McLendon-Chisholm, Texas, Special Assessment Revenue Bonds, Sonoma Public Improvement  District Improvement Area 3 Project, Series 2021                | McLendon-Chisholm, Texas, Special Assessment Revenue Bonds, Sonoma Public Improvement  District Improvement Area 3 Project, Series 2021                | CUSIP: 582153BC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $542241.25    | 0.09%             | 2041-09-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Cherry Hill Community Development Authority, Virginia, Special Assesment Bonds, Potomac Shores Project, Series 2015                                    | Cherry Hill Community Development Authority, Virginia, Special Assesment Bonds, Potomac Shores Project, Series 2015                                    | CUSIP: 164631AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1641196.05   | 0.26%             | 2045-03-01      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| Chicago, Illinois, Water Revenue Bonds, Refunding Second Lien Series 2023B                                                                             | Chicago, Illinois, Water Revenue Bonds, Refunding Second Lien Series 2023B                                                                             | CUSIP: 167736W86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $219134.84    | 0.03%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2025A                                            | California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2025A                                            | CUSIP: 13032U4X3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    310000 | PA      | $354573.88    | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Variable Rate Demand Obligations, Series 2001V-1              | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Variable Rate Demand Obligations, Series 2001V-1              | CUSIP: 20775DH39<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2485546.84   | 0.39%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Commonwealth Clawback CVIS Taxable Series 2022                                                                  | Puerto Rico, General Obligation Bonds, Commonwealth Clawback CVIS Taxable Series 2022                                                                  | CUSIP: 74514L4F1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3980943 | PA      | $1975542.74   | 0.31%             | 2051-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority, Florida, Special Purpose Airport Facilities Revenue Bonds, United Airlines, Inc. Project, Series 2025              | Greater Orlando Aviation Authority, Florida, Special Purpose Airport Facilities Revenue Bonds, United Airlines, Inc. Project, Series 2025              | CUSIP: 39227AAA0<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077777.40   | 0.17%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency, California, Essential Housing Revenue Bonds, Creekwood, Series 2021A                                              | California Community Housing Agency, California, Essential Housing Revenue Bonds, Creekwood, Series 2021A                                              | CUSIP: 13013FAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3815000 | PA      | $2543102.65   | 0.40%             | 2056-02-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Fourth North Business Improvement District, Silverthorne, Summit County, Colorado, Special Revenue and Tax Supported Bonds, Refunding & Improvement Se | Fourth North Business Improvement District, Silverthorne, Summit County, Colorado, Special Revenue and Tax Supported Bonds, Refunding & Improvement Se | CUSIP: 35122CAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1203124.92   | 0.19%             | 2052-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Delaware State Housing Authority, Senior Single Family Mortgage Revenue Bonds, Series 2024B                                                            | Delaware State Housing Authority, Senior Single Family Mortgage Revenue Bonds, Series 2024B                                                            | CUSIP: 246395B63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $500109.98    | 0.08%             | 2044-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds, Refunding Series 2021                                              | Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds, Refunding Series 2021                                              | CUSIP: 54714CCE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5610000 | PA      | $5648050.95   | 0.90%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series 2025C                                                       | California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series 2025C                                                       | CUSIP: 13068XRP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $477134.20    | 0.08%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District, Sacramento County, California, General Obligation Bonds, Election of 2020 Measure H Series 2025C              | Sacramento City Unified School District, Sacramento County, California, General Obligation Bonds, Election of 2020 Measure H Series 2025C              | CUSIP: 785870R32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1732394.74   | 0.28%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority, California, Special Tax Bonds, Community Facilities District 2003-1 Improvement Area 1, Subordinate Series 2 | River Islands Public Financing Authority, California, Special Tax Bonds, Community Facilities District 2003-1 Improvement Area 1, Subordinate Series 2 | CUSIP: 76827QHD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1099590.64   | 0.17%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022                                                                        | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022                                                                        | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   5267007 | PA      | $3456473.28   | 0.55%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Education Revenue Bonds, Southwest Preparatory School, Series 2020A                 | New Hope Cultural Education Facilities Finance Corporation, Texas, Education Revenue Bonds, Southwest Preparatory School, Series 2020A                 | CUSIP: 64542QBT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4175000 | PA      | $3738840.67   | 0.59%             | 2050-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024A-2                 | Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024A-2                 | CUSIP: 428111AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $380926.40    | 0.06%             | 2043-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corporation, Texas, Utility Revenue Bonds, Permian Basin Water Resources Project, Series 2025A                            | Mission Economic Development Corporation, Texas, Utility Revenue Bonds, Permian Basin Water Resources Project, Series 2025A                            | CUSIP: 605158AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $386407.65    | 0.06%             | 2045-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Pasadena Unified School District, Los Angeles County, California, General Obligation Bonds, 2020 Election Series 2025D                                 | Pasadena Unified School District, Los Angeles County, California, General Obligation Bonds, 2020 Election Series 2025D                                 | CUSIP: 702282SB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3905000 | PA      | $4234117.70   | 0.67%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge and Tunnel Enterprise, Colorado, Senior Infrastructure Revenue Bonds, Series 2025A                                                     | Colorado Bridge and Tunnel Enterprise, Colorado, Senior Infrastructure Revenue Bonds, Series 2025A                                                     | CUSIP: 19633TAZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $883208.39    | 0.14%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Discovery High School Project, Series 2020A                             | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Discovery High School Project, Series 2020A                             | CUSIP: 34061UFL7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $6640814.00   | 1.05%             | 2055-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Community School of Excellence, Series 2023               | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Community School of Excellence, Series 2023               | CUSIP: 852297DX5<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3706128.02   | 0.59%             | 2053-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Medical Center, Series 2024                                                    | Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Medical Center, Series 2024                                                    | CUSIP: 65000B8S0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155835.15    | 0.02%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North AR-1 of Pasco Community Development District, Florida, Capital Improvement Revenue Bonds, Assessment Area 5, Series 2024                         | North AR-1 of Pasco Community Development District, Florida, Capital Improvement Revenue Bonds, Assessment Area 5, Series 2024                         | CUSIP: 65725AAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $201176.22    | 0.03%             | 2044-05-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | CUSIP: 91514APF6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1781312.58   | 0.28%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | CUSIP: 91514APD1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   2740000 | PA      | $3178718.11   | 0.50%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RH9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    810000 | PA      | $918325.67    | 0.15%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | CUSIP: 2084186V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1063798.23   | 0.17%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Educational Facilities Revenue Bonds, Horse Creek Academy Project, Series 2021A                    | South Carolina Jobs-Economic Development Authority, Educational Facilities Revenue Bonds, Horse Creek Academy Project, Series 2021A                    | CUSIP: 83704MBN5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $867840.10    | 0.14%             | 2055-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Freedom Classical Academy Inc., Series 2020A                                      | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Freedom Classical Academy Inc., Series 2020A                                      | CUSIP: 744396GB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6350000 | PA      | $5293555.58   | 0.84%             | 2056-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | CUSIP: 650116GS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $176270.23    | 0.03%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | CUSIP: 452153JZ3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1412222.50   | 0.22%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Health Care Facilities Revenue Bonds, Novant Health Group, Series 2024A                            | South Carolina Jobs-Economic Development Authority, Health Care Facilities Revenue Bonds, Novant Health Group, Series 2024A                            | CUSIP: 837032CC3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2314826.67   | 0.37%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District, Florida, Special Assessment Revenue Bonds, Southeast Project, Series 2025                                         | Lakewood Ranch Stewardship District, Florida, Special Assessment Revenue Bonds, Southeast Project, Series 2025                                         | CUSIP: 51265KGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068522.20   | 0.17%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Baltimore, Maryland, Special Obligation Bonds, Harbor Point Project, Refunding Series 2022                                                             | Baltimore, Maryland, Special Obligation Bonds, Harbor Point Project, Refunding Series 2022                                                             | CUSIP: 05923TCZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $190229.58    | 0.03%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Ledge Rock Center Commercial Metropolitan District (In the Town of Johnstown, Weld County, Colorado), Limited Tax General Obligation Bonds, Series 202 | Ledge Rock Center Commercial Metropolitan District (In the Town of Johnstown, Weld County, Colorado), Limited Tax General Obligation Bonds, Series 202 | CUSIP: 523278AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3144285.00   | 0.50%             | 2052-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| California School Finance Authority, Charter School Revenue Bonds, Scholarship Prep Public Schools ? Obligated Group, Series 2020A                     | California School Finance Authority, Charter School Revenue Bonds, Scholarship Prep Public Schools ? Obligated Group, Series 2020A                     | CUSIP: 13058TKG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1691489.60   | 0.27%             | 2060-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| National Finance Authority, New Hampshire, Special Revenue Bonds, Mill Creek Project, Montgomery County, Texas Series 2025                             | National Finance Authority, New Hampshire, Special Revenue Bonds, Mill Creek Project, Montgomery County, Texas Series 2025                             | CUSIP: 63608TAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    393000 | PA      | $393468.26    | 0.06%             | 2031-12-01      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B                                                         | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B                                                         | CUSIP: 745160TH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6186488.75   | 0.98%             | 2042-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | CUSIP: 650010DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $254491.42    | 0.04%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | CUSIP: 754405KM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $229172.07    | 0.04%             | 2050-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sachse, Texas, Special Assessment Bonds, Sachse Public Improvement District 1 Major Improvement Area Project, Series 2020                              | Sachse, Texas, Special Assessment Bonds, Sachse Public Improvement District 1 Major Improvement Area Project, Series 2020                              | CUSIP: 785756AE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1968417.29   | 0.31%             | 2040-09-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | CUSIP: 2084186R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $905241.20    | 0.14%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, South Tech Schools Project, Series 2020A                                    | Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, South Tech Schools Project, Series 2020A                                    | CUSIP: 14054DAP2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1140234.23   | 0.18%             | 2055-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A                  | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A                  | CUSIP: 13080SMJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1223598.76   | 0.19%             | 2041-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B                                                         | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B                                                         | CUSIP: 745160TG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3629086.65   | 0.58%             | 2037-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Peak Metropolitan District 1, Colorado Springs, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2021A                           | Peak Metropolitan District 1, Colorado Springs, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2021A                           | CUSIP: 704676AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $241556.05    | 0.04%             | 2051-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District 1, Eagle, Idaho, Special Assessment Bonds, Assessment Area Two, Series 2025                            | Spring Valley Community Infrastructure District 1, Eagle, Idaho, Special Assessment Bonds, Assessment Area Two, Series 2025                            | CUSIP: 850072AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514553.10    | 0.08%             | 2054-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest Systems, Inc. Project, Series 2016B                               | Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest Systems, Inc. Project, Series 2016B                               | CUSIP: 267045GU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1100526.47   | 0.17%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2025A                                           | Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2025A                                           | CUSIP: 45204FM69<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    805000 | PA      | $878808.84    | 0.14%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | CUSIP: 686432BV6<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |    740000 | PA      | $818263.66    | 0.13%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Economic Development Finance Authority, Port Revenue Bonds, Husky Terminal Improvement Project, Series 2025                                 | Washington Economic Development Finance Authority, Port Revenue Bonds, Husky Terminal Improvement Project, Series 2025                                 | CUSIP: 93975XAA1<br>LEI: 549300TQ7IXFA28IYO51 | Long             | DBT              | MUN               | US        |    660000 | PA      | $665901.85    | 0.11%             | 2045-12-01      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Delaware State Housing Authority, Senior Single Family Mortgage Revenue Bonds, Series 2024B                                                            | Delaware State Housing Authority, Senior Single Family Mortgage Revenue Bonds, Series 2024B                                                            | CUSIP: 246395B71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495779.67    | 0.08%             | 2049-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Northfield Metropolitan District 2, Fort Collins, Larimer County, Colorado, Limited Tax General Obligation Bonds, Series 2020A                         | Northfield Metropolitan District 2, Fort Collins, Larimer County, Colorado, Limited Tax General Obligation Bonds, Series 2020A                         | CUSIP: 666162AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1602591.92   | 0.25%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bennett Ranch Metropolitan District 1, Adams County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Tax Series 2021A         | Bennett Ranch Metropolitan District 1, Adams County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Tax Series 2021A         | CUSIP: 08218DAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $834108.10    | 0.13%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | CUSIP: 45528U6W6<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    730000 | PA      | $776768.62    | 0.12%             | 2043-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| University of California, General Revenue Bonds, Series 2025CD                                                                                         | University of California, General Revenue Bonds, Series 2025CD                                                                                         | CUSIP: 91412HWJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $1052963.70   | 0.17%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jones District Community Authority Board, Centennial, Colorado, Special Revenue Convertible Capital Appreciaiton Bonds, Series 2020A                   | Jones District Community Authority Board, Centennial, Colorado, Special Revenue Convertible Capital Appreciaiton Bonds, Series 2020A                   | CUSIP: 48020NAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1955135.00   | 0.31%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3089678.70   | 0.49%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District, Florida, Hospital Revenue Bonds, South Broward Hospital District Obligated Group, Refunding Series 2016A              | South Broward Hospital District, Florida, Hospital Revenue Bonds, South Broward Hospital District Obligated Group, Refunding Series 2016A              | CUSIP: 836753MF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1088925.23   | 0.17%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | CUSIP: 283770PX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $407544.83    | 0.06%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mesquite, Texas, Special Assessment Revenue Bonds, Solterra Public Improvement District Improvement Area A-1 Projects, Series 2023                     | Mesquite, Texas, Special Assessment Revenue Bonds, Solterra Public Improvement District Improvement Area A-1 Projects, Series 2023                     | CUSIP: 590771AX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517686.25    | 0.08%             | 2043-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1771245.28   | 0.28%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hogback Metropolitan District, Jefferson County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Series 2021A             | Hogback Metropolitan District, Jefferson County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Series 2021A             | CUSIP: 434610AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1259780.78   | 0.20%             | 2051-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Revenue Bonds, Westside Gulch Area Project, Senior Series 2024A-2                                              | Atlanta Development Authority, Georgia, Revenue Bonds, Westside Gulch Area Project, Senior Series 2024A-2                                              | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037125.30   | 0.16%             | 2039-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc. Terminal Improvements Project, Series 2024B                     | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc. Terminal Improvements Project, Series 2024B                     | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095094.10   | 0.17%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2021A       | Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2021A       | CUSIP: 362762QU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $364464.55    | 0.06%             | 2051-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Water System Revenue Bonds, Series 2025C                                                        | Los Angeles Department of Water and Power, California, Water System Revenue Bonds, Series 2025C                                                        | CUSIP: 5445252U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $799294.03    | 0.13%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2016A               | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2016A               | CUSIP: 56042RFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1850950.80   | 0.29%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Development Series 2024A-1                     | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Development Series 2024A-1                     | CUSIP: 64972KCK9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1700924.17   | 0.27%             | 2054-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public Improvement Project, Capital Appreciation Series 2016C  | Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public Improvement Project, Capital Appreciation Series 2016C  | CUSIP: 377450AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $675372.83    | 0.11%             | 2055-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Mida Cormont Public Infrastructure District, Utah, Limited Tax General Obligation Bonds, Series 2025A-2                                                | Mida Cormont Public Infrastructure District, Utah, Limited Tax General Obligation Bonds, Series 2025A-2                                                | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $426772.90    | 0.07%             | 2055-06-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Belmont University, Series 202 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Belmont University, Series 202 | CUSIP: 592029CG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $701574.45    | 0.11%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North East Carolina Preparatory School Project, Refunding Series 2024A            | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North East Carolina Preparatory School Project, Refunding Series 2024A            | CUSIP: 744396JY9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    390000 | PA      | $390205.53    | 0.06%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 611 Sunstone Phase I and II, Series 2020                                      | Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 611 Sunstone Phase I and II, Series 2020                                      | CUSIP: 51778CAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $389872.94    | 0.06%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peak Metropolitan District 3, Colorado Springs, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2022A-1                         | Peak Metropolitan District 3, Colorado Springs, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2022A-1                         | CUSIP: 70467CAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1112575.75   | 0.18%             | 2052-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Green Bonds, Series 2015D                                        | Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Green Bonds, Series 2015D                                        | CUSIP: 57583U6R4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    425000 | PA      | $420988.51    | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | CUSIP: 5445875V6<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2750154.72   | 0.44%             | 2050-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | CUSIP: 283770PY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $419866.56    | 0.07%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2022A                                  | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2022A                                  | CUSIP: 592250EQ3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1075989.96   | 0.17%             | 2039-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, New Summit Charter Academy Project, Series 2021A                 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, New Summit Charter Academy Project, Series 2021A                 | CUSIP: 19645UHK3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84765.58     | 0.01%             | 2041-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Refunding Series 2025                 | Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Refunding Series 2025                 | CUSIP: 593237GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1119539.78   | 0.18%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District 1, Lone Tree, Colorado, Limited Tax Supported and Special Revenue Bonds, Refunding & Improvement Series 2017       | Rampart Range Metropolitan District 1, Lone Tree, Colorado, Limited Tax Supported and Special Revenue Bonds, Refunding & Improvement Series 2017       | CUSIP: 75157TAA7<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |   3665000 | PA      | $3716924.62   | 0.59%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | CUSIP: 13063EMZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1200349.11   | 0.19%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sterling Ranch Metropolitan District 1, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2020                                    | Sterling Ranch Metropolitan District 1, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2020                                    | CUSIP: 85950QAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2363419.68   | 0.38%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda County Fire Department, California, General Obligation Bonds, Series 2025                                                                      | Alameda County Fire Department, California, General Obligation Bonds, Series 2025                                                                      | CUSIP: 010892AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $89800.34     | 0.01%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency, Home Mortgage Program Revenue Bonds, Social Series 2024D                                                          | North Dakota Housing Finance Agency, Home Mortgage Program Revenue Bonds, Social Series 2024D                                                          | CUSIP: 65889BAZ7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510415.25   | 0.24%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010                                                              | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010                                                              | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2200591.40   | 0.35%             | 2040-07-01      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| Grand Oaks Community Development District, Saint Johns County, Florida, Special Assessment Bonds, Assessment Area 2, Series 2020                       | Grand Oaks Community Development District, Saint Johns County, Florida, Special Assessment Bonds, Assessment Area 2, Series 2020                       | CUSIP: 38611CAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1349275.35   | 0.21%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | CUSIP: 650010DQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $287200.58    | 0.05%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RP1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1806241.33   | 0.29%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2008A                                                              | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2008A                                                              | CUSIP: 646136WJ6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1319348.00   | 0.21%             | 2037-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Medical Center, Series 2024                                                    | Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Medical Center, Series 2024                                                    | CUSIP: 65000B8P6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    955000 | PA      | $1018418.88   | 0.16%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pilot Point, Denton, Grayson, and Cooke Counties, Texas, Special Assessment Revenue Bonds, Bryson Ranch Public Improvement District Zone A Improvement | Pilot Point, Denton, Grayson, and Cooke Counties, Texas, Special Assessment Revenue Bonds, Bryson Ranch Public Improvement District Zone A Improvement | CUSIP: 721614BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $465977.88    | 0.07%             | 2045-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Series 2021B                | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Series 2021B                | CUSIP: 04052BPA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1070793.44   | 0.17%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Hamilton County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2025A                                                                      | Hamilton County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2025A                                                                      | CUSIP: 4072722S1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    675000 | PA      | $722984.47    | 0.11%             | 2042-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, AM/NS Calvert LLC Project, Series 2024A                   | Mobile County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, AM/NS Calvert LLC Project, Series 2024A                   | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8673315.30   | 1.38%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Commonwealth Clawback CVIS Taxable Series 2022                                                                  | Puerto Rico, General Obligation Bonds, Commonwealth Clawback CVIS Taxable Series 2022                                                                  | CUSIP: 74514L4D6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4570000 | PA      | $1833712.50   | 0.29%             | 2051-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Hotel Revenue Bonds, Grand Hyatt San Antonio Hotel Acquisition Project, Subordinate Lien Series 2022B           | Public Finance Authority of Wisconsin, Hotel Revenue Bonds, Grand Hyatt San Antonio Hotel Acquisition Project, Subordinate Lien Series 2022B           | CUSIP: 74447DAJ6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1710658.49   | 0.27%             | 2046-02-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Student Housing Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series 2024A-1                          | Florida Development Finance Corporation, Student Housing Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series 2024A-1                          | CUSIP: 34062AAD3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    420000 | PA      | $399948.23    | 0.06%             | 2054-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Iowa Finance Authority, Revenue Bonds, Lifespace Communities, Inc., Series 2024A                                                                       | Iowa Finance Authority, Revenue Bonds, Lifespace Communities, Inc., Series 2024A                                                                       | CUSIP: 46247SFU3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    910000 | PA      | $865547.59    | 0.14%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1287729.56   | 0.20%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama State University, General Tuition and Fee Revenue Bonds, Series 2025                                                                           | Alabama State University, General Tuition and Fee Revenue Bonds, Series 2025                                                                           | CUSIP: 010632QP5<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |    550000 | PA      | $596988.59    | 0.09%             | 2050-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Multifamily Housing Revenue Bonds, Promenade Apartments Project, Series 2024                                    | Public Finance Authority of Wisconsin, Multifamily Housing Revenue Bonds, Promenade Apartments Project, Series 2024                                    | CUSIP: 74441XHS1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3073862.70   | 0.49%             | 2039-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | CUSIP: 686432BU8<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |    720000 | PA      | $806893.92    | 0.13%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Development Series 2024B-1-A                   | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Development Series 2024B-1-A                   | CUSIP: 64972KEK7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    975000 | PA      | $964186.67    | 0.15%             | 2054-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| National Finance Authority, New Hampshire, Special Revenue Bonds, The Chambers Creek Project, Montgomery County, Texas Municipal Utility Districts, Ca | National Finance Authority, New Hampshire, Special Revenue Bonds, The Chambers Creek Project, Montgomery County, Texas Municipal Utility Districts, Ca | CUSIP: 63608TAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1185151.34   | 0.19%             | 2032-12-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Sterling Ranch Metropolitan District 1, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2020                                    | Sterling Ranch Metropolitan District 1, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2020                                    | CUSIP: 85950QAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2197884.14   | 0.35%             | 2050-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project,  | Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project,  | CUSIP: 882667BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $696971.45    | 0.11%             | 2040-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, 615 Waterfront Project, Senior Series 2021             | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, 615 Waterfront Project, Senior Series 2021             | CUSIP: 018444BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $915566.16    | 0.15%             | 2042-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| University of California, General Revenue Bonds, Series 2025CD                                                                                         | University of California, General Revenue Bonds, Series 2025CD                                                                                         | CUSIP: 91412HWH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3110000 | PA      | $3767026.69   | 0.60%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2153631.35   | 0.34%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| California State, General Obligation Bonds, Various Purpose Refunding Series 2025                                                                      | California State, General Obligation Bonds, Various Purpose Refunding Series 2025                                                                      | CUSIP: 13063ENW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $915571.99    | 0.15%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Tax Increment, Revenue Senior Bonds, Miami, Miami World Center Project, Series 2024A                                         | Public Finance Authority, Wisconsin, Tax Increment Revenue Senior Bonds, World Center Project Series 2024A                                             | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021788.80   | 0.16%             | 2041-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic Development and Housing Sustainability Green Series 2024C     | New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic Development and Housing Sustainability Green Series 2024C     | CUSIP: 649870QD7<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    630000 | PA      | $619187.12    | 0.10%             | 2044-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | CUSIP: 686432BT1<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |    585000 | PA      | $663662.67    | 0.11%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Ysidro School District, San Diego County, California, General Obligation Bonds, 2020 Election Measure T, Series 2025C                              | San Ysidro School District, San Diego County, California, General Obligation Bonds, 2020 Election Measure T, Series 2025C                              | CUSIP: 799561PS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534879.25    | 0.08%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2022A                                  | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2022A                                  | CUSIP: 592250ES9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $844932.30    | 0.13%             | 2040-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                                      | North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                                      | CUSIP: 66176NAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025148.20   | 0.32%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, Providence Health & Services, Series 2014D                                                 | Washington Health Care Facilities Authority, Revenue Bonds, Providence Health & Services, Series 2014D                                                 | CUSIP: 93978HYL3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1771727.87   | 0.28%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hobe-Saint Lucie Conservancy District, Florida, Special Assessment Revenue Bonds, Improvement Unit 1A, Series 2024                                     | Hobe-Saint Lucie Conservancy District, Florida, Special Assessment Revenue Bonds, Improvement Unit 1A, Series 2024                                     | CUSIP: 434043AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $434934.19    | 0.07%             | 2031-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Hotel Revenue Bonds, Grand Hyatt San Antonio Hotel Acquisition Project, Senior Lien Series 2022A                | Public Finance Authority of Wisconsin, Hotel Revenue Bonds, Grand Hyatt San Antonio Hotel Acquisition Project, Senior Lien Series 2022A                | CUSIP: 74447DAC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1964752.60   | 0.31%             | 2052-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Center City Anaheim, Series 2020A                                  | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Center City Anaheim, Series 2020A                                  | CUSIP: 126292AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6180000 | PA      | $5398005.67   | 0.86%             | 2054-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Chambers County Justice Center Public Facilities Corporation, Texas, Lease Revenue Bonds, Series 2024                                                  | Chambers County Justice Center Public Facilities Corporation, Texas, Lease Revenue Bonds, Series 2024                                                  | CUSIP: 157795BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3720000 | PA      | $3915914.54   | 0.62%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida State Turnpike Authority, Turnpike Revenue Bonds, Department of Transportation, Series 2026A                                                   | Florida State Turnpike Authority, Turnpike Revenue Bonds, Department of Transportation, Series 2026A                                                   | CUSIP: 343137D28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $893120.99    | 0.14%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Health and Educational Facilities Authority, Revenue Bonds, Nuvance Health Series 2019A                                                    | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Nuvance Health Series 2019A                                                    | CUSIP: 20775DCM2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1344533.68   | 0.21%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Truman Medical Center, Inc., Pass-Through Certificate Series 20 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Truman Medical Center, Inc., Pass-Through Certificate Series 20 | CUSIP: 60636APU1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    500000 | PA      | $461857.95    | 0.07%             | 2042-12-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2025A                                        | Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2025A                                        | CUSIP: 841466BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $584567.05    | 0.09%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | CUSIP: 91514APE9<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1804642.35   | 0.29%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Development First Lien Revenue Bonds, Montanero Project, Alternative Minimum Tax Series 2025                 | Arizona Industrial Development Authority, Development First Lien Revenue Bonds, Montanero Project, Alternative Minimum Tax Series 2025                 | CUSIP: 04052LAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1660167.76   | 0.26%             | 2055-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2023A                                                                     | Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2023A                                                                     | CUSIP: 59465PEK0<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2267587.99   | 0.36%             | 2053-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Refunding Series 2020          | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Refunding Series 2020          | CUSIP: 72177MTM9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   6800000 | PA      | $5440000.00   | 0.86%             | 2040-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Senior Lien Series 2025C                                                            | Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Senior Lien Series 2025C                                                            | CUSIP: 39081JJR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1172770.06   | 0.19%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CARE NEW ENGLAND HEALTH                                                                                                                                | Care New England Health System                                                                                                                         | CUSIP: 14165LAA3<br>LEI: 549300CCZ1FS5FFD4O51 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2747068.23   | 0.44%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Pollution Control Revenue Bonds, Duke Energy Progress Project, Refunding Series 2022B                           | Public Finance Authority of Wisconsin, Pollution Control Revenue Bonds, Duke Energy Progress Project, Refunding Series 2022B                           | CUSIP: 74447HAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032745.10   | 0.16%             | 2046-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2025A                                           | Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2025A                                           | CUSIP: 45204FM51<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    920000 | PA      | $1011870.28   | 0.16%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin, Texas, General Obligation Bonds, Refunding & Public Improvement Series 2025                                                                    | Austin, Texas, General Obligation Bonds, Refunding & Public Improvement Series 2025                                                                    | CUSIP: 0523973V6<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    725000 | PA      | $794314.28    | 0.13%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable Series 2022                                            | Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable Series 2022                                            | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8359679 | PA      | $5569635.81   | 0.88%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Water System Revenue Bonds, Series 2025C                                                        | Los Angeles Department of Water and Power, California, Water System Revenue Bonds, Series 2025C                                                        | CUSIP: 5445252S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $611961.46    | 0.10%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 4, Series 2022B-1                                                         | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 4, Series 2022B-1                                                         | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20831002.00  | 3.31%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Florida, Solid Waste Disposal Revenue Bonds, Waste Pro USA, Inc. Project, Series 2023                         | Florida Development Finance Corporation, Florida, Solid Waste Disposal Revenue Bonds, Waste Pro USA, Inc. Project, Series 2023                         | CUSIP: 34061XAF9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2457712.60   | 0.39%             | 2032-07-01      | Variable      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Nordic Village Public Infrastructure District 1, Weber County, Utah, Limited Tax General Obligation and Special Revenue Bonds, Series 2025             | Nordic Village Public Infrastructure District 1, Weber County, Utah, Limited Tax General Obligation and Special Revenue Bonds, Series 2025             | CUSIP: 65563BAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5141374.00   | 0.82%             | 2055-03-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Indiana Finance Authority, Educational Facilities Revenue Bonds, Depauw University Project, Series 2019                                                | Indiana Finance Authority, Educational Facilities Revenue Bonds, Depauw University Project, Series 2019                                                | CUSIP: 45506D3V5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1228515.30   | 0.20%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STC Metropolitan District 2, Superior, Boulder County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding Second Lien Serie | STC Metropolitan District 2, Superior, Boulder County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding Second Lien Serie | CUSIP: 85780TBD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $512249.87    | 0.08%             | 2055-12-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | CUSIP: 283770PU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $605821.84    | 0.10%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Series 2025A                                                                       | Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Series 2025A                                                                       | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040502.80   | 0.17%             | 2056-05-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | CUSIP: 13063ENB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096493.40   | 0.17%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2020                                                                                              | Illinois State, General Obligation Bonds, May Series 2020                                                                                              | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3394595.87   | 0.54%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority, California, Lease Revenue Bonds, Series 2025J                                                     | Los Angeles County Public Works Financing Authority, California, Lease Revenue Bonds, Series 2025J                                                     | CUSIP: 54473EZF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $357409.52    | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority, Tourism Development Financing Program Revenue Bonds, Virginia Beach Oceanfront South Hotel Project, Senio | Virginia Small Business Financing Authority, Tourism Development Financing Program Revenue Bonds, Virginia Beach Oceanfront South Hotel Project, Senio | CUSIP: 928098AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $979554.53    | 0.16%             | 2043-10-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Delaware State Housing Authority, District Of Columbia,Senior Single Family Mortgage Revenue Bonds, Series 2024C.                                      | Delaware State Housing Authority, District Of Columbia,Senior Single Family Mortgage Revenue Bonds, Series 2024C.                                      | CUSIP: 254845TX8<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1828193.19   | 0.29%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota State, General Obligation Bonds, State Trunk Highway Series 2024B                                                                            | Minnesota State, General Obligation Bonds, State Trunk Highway Series 2024B                                                                            | CUSIP: 60412AP98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1813036.09   | 0.29%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buda, Texas, Special Assessment Revenue Bonds, Persimmon Public improvement District Improvement Area 1 Project, Series 2025                           | Buda, Texas, Special Assessment Revenue Bonds, Persimmon Public improvement District Improvement Area 1 Project, Series 2025                           | CUSIP: 118829AB6<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    325000 | PA      | $325444.54    | 0.05%             | 2045-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation Program Bonds, Series 2025AA                                                            | New Jersey Transportation Trust Fund Authority, Transportation Program Bonds, Series 2025AA                                                            | CUSIP: 64613CHR2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    555000 | PA      | $590328.25    | 0.09%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HTA CL 6 TR CTFS CL L-2028 UNITS                                                                                                                       | Puerto Rico Highway and Transportation Authority Highway Revenue Bonds Series 2022                                                                     | CUSIP: 40440SAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    409281 | PA      | $409378.20    | 0.06%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hope Community Academy Project, Series 2020A              | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hope Community Academy Project, Series 2020A              | CUSIP: 852297DE7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $829185.27    | 0.13%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1                                            | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1                                            | CUSIP: 12008KAG7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1223015.59   | 0.19%             | 2040-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Broadway Park North Metropolitan District 2, Denver, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2020               | Broadway Park North Metropolitan District 2, Denver, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2020               | CUSIP: 111561AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502723.85    | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Virgin Islands Transportation & Infrastructure Corporation, Virgin Islands, Grant Anticipation Revenue Bonds, Federal Highway Grant Anticipation Reven | Virgin Islands Transportation & Infrastructure Corporation, Virgin Islands, Grant Anticipation Revenue Bonds, Federal Highway Grant Anticipation Reven | CUSIP: 927686AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $817346.93    | 0.13%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Verk Industrial Regional Public Infrastructure District, Utah, Tax Differential Revenue Bonds, Series 2025                                             | Verk Industrial Regional Public Infrastructure District, Utah, Tax Differential Revenue Bonds, Series 2025                                             | CUSIP: 92348YAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1773377.58   | 0.28%             | 2047-09-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Newport, Kentucky, Special Obligation Revenue Bonds, Newport Clifton Project, Series 2020B                                                             | Newport, Kentucky, Special Obligation Revenue Bonds, Newport Clifton Project, Series 2020B                                                             | CUSIP: 65206PAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $821583.49    | 0.13%             | 2060-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |        64 | PA      | $64.32        | 0.00%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1                                            | Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1                                            | CUSIP: 973405AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1515040.60   | 0.24%             | 2051-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Port Beaumont Industrial Development Authority, Texas, Facility Revenue Bonds, Jefferson Gulf Coast Energy Project, Series 2021B                       | Port Beaumont Industrial Development Authority, Texas, Facility Revenue Bonds, Jefferson Gulf Coast Energy Project, Series 2021B                       | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8845000 | PA      | $8080374.52   | 1.28%             | 2028-01-01      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| Florida State Turnpike Authority, Turnpike Revenue Bonds, Department of Transportation, Series 2026A                                                   | Florida State Turnpike Authority, Turnpike Revenue Bonds, Department of Transportation, Series 2026A                                                   | CUSIP: 343137C86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $836042.83    | 0.13%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Future Legends Sports Park Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Series 2020A                                       | Future Legends Sports Park Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Series 2020A                                       | CUSIP: 36117QAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $995694.11    | 0.16%             | 2050-06-01      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Velocity Metropolitan District 5, In the City of Aurora, Colorado, Limited Tax General Obligation Bonds, Convertible Capital Appreciation Series 2020A | Velocity Metropolitan District 5, In the City of Aurora, Colorado, Limited Tax General Obligation Bonds, Convertible Capital Appreciation Series 2020A | CUSIP: 92259JAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4346264.50   | 0.69%             | 2050-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 2, Series 2024                    | Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 2, Series 2024                    | CUSIP: 428111AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $835185.95    | 0.13%             | 2044-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | CUSIP: 754405KL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $285525.12    | 0.05%             | 2048-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| West Globeville Metropolitan District 1, Denver, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024               | West Globeville Metropolitan District 1, Denver, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024               | CUSIP: 95286AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $628892.96    | 0.10%             | 2044-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Verve Metropolitan District 1, Jefferson County and the City and County of Broomfield, Colorado, General Obligation Bonds, Refunding and Improvement L | Verve Metropolitan District 1, Jefferson County and the City and County of Broomfield, Colorado, General Obligation Bonds, Refunding and Improvement L | CUSIP: 92538YAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1314973.50   | 0.21%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2026A                                               | Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2026A                                               | CUSIP: 68607DXR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $108686.69    | 0.02%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| V-Dana Community Development District, Lee County, Florida, Special Assessment Bonds, Area 2 - 2025 Project, Series 2025                               | V-Dana Community Development District, Lee County, Florida, Special Assessment Bonds, Area 2 - 2025 Project, Series 2025                               | CUSIP: 91822RAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252369.23    | 0.04%             | 2045-05-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Series 2023A                                                                       | Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds, Series 2023A                                                                       | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5354176.50   | 0.85%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County, Ohio, Health Care Facilities Revenue Bonds, Solvita Project Refunding and Improvement Series 2024                                   | Montgomery County, Ohio, Health Care Facilities Revenue Bonds, Solvita Project Refunding and Improvement Series 2024                                   | CUSIP: 613518DJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508486.80    | 0.08%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Three Rivers Community Development District, Florida, Special Assessment Revenue Bonds, South Assessment Area Series 2021B                             | Three Rivers Community Development District, Florida, Special Assessment Revenue Bonds, South Assessment Area Series 2021B                             | CUSIP: 88563MAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175025.10    | 0.03%             | 2036-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Dayton-Montgomery County Port Authority, Ohio, Development Revenue Bonds, Dayton Regional Stem Schools Inc. Project, Series 2024                       | Dayton-Montgomery County Port Authority, Ohio, Development Revenue Bonds, Dayton Regional Stem Schools Inc. Project, Series 2024                       | CUSIP: 23981MBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $387525.60    | 0.06%             | 2060-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Taxable Series 2021A        | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Taxable Series 2021A        | CUSIP: 04052BNZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7650000 | PA      | $6588423.27   | 1.05%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2023A                | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2023A                | CUSIP: 34061UMB1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069924.40   | 0.17%             | 2043-06-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Kentucky State Property and Buildings Commission, Revenue Bonds, Project 133, Series 2025A                                                             | Kentucky State Property and Buildings Commission, Revenue Bonds, Project 133, Series 2025A                                                             | CUSIP: 49151F6S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $769056.34    | 0.12%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest Systems, Inc. Project, Series 2016B                               | Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest Systems, Inc. Project, Series 2016B                               | CUSIP: 267045GR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7630000 | PA      | $7677656.22   | 1.22%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2016B-1                                                          | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2016B-1                                                          | CUSIP: 20775CEL4<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1248856.52   | 0.20%             | 2031-11-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Citadel on Colfax Business Improvement District, Aurora, Colorado, Special Revenue and Tax Supported Bonds, Senior Series 2020A                        | Citadel on Colfax Business Improvement District, Aurora, Colorado, Special Revenue and Tax Supported Bonds, Senior Series 2020A                        | CUSIP: 17288AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1341806.30   | 0.21%             | 2050-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Dormitory Authority of the State of New York, Revenue Bonds, White Plains Hospital, Series 2024                                                        | Dormitory Authority of the State of New York, Revenue Bonds, White Plains Hospital, Series 2024                                                        | CUSIP: 65000B7X0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    450000 | PA      | $453944.16    | 0.07%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | CUSIP: 283770PW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1111667.38   | 0.18%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RN6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1760485.39   | 0.28%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2025A                                        | Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2025A                                        | CUSIP: 841466BD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $501898.17    | 0.08%             | 2041-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh County Industrial Development Authority, Pennsylvania, Revenue Bonds, Provident Group -Lehigh Valley International Airport Hotel Project Second | Lehigh County Industrial Development Authority, Pennsylvania, Revenue Bonds, Provident Group -Lehigh Valley International Airport Hotel Project Second | CUSIP: 52480PAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1031675.40   | 0.16%             | 2065-01-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Crowfoot Valley Ranch Metropolitan District No. 2,  Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding Subordinate Series 2024B | Crowfoot Valley Ranch Metropolitan District No. 2,  Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding Subordinate Series 2024B | CUSIP: 22802CAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484375.20    | 0.08%             | 2054-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Green Series | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Green Series | CUSIP: 25461PAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1832349 | PA      | $18.32        | 0.00%             | 2038-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| KDC Agribusiness Fairless Hills LLC                                                                                                                    | KDC Agribusiness Fairless Hills LLC                                                                                                                    | CUSIP: 48244KAA8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    128676 | PA      | $12.87        | 0.00%             | 2026-09-17      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Global Village Academy - Northglenn Project, Series 2020                        | Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Global Village Academy - Northglenn Project, Series 2020                        | CUSIP: 19645UER1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $891380.20    | 0.14%             | 2050-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Taxable Senior Lien Series 2025A-2         | Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Taxable Senior Lien Series 2025A-2         | CUSIP: 19645UTT1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2562542.00   | 0.41%             | 2045-02-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Medical Center, Series 2024                                                    | Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Medical Center, Series 2024                                                    | CUSIP: 65000B8Q4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    770000 | PA      | $811753.94    | 0.13%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Two Lakes Community Development District, Hialeah, Florida, Special Assessment Bonds, Series 2024                                                      | Two Lakes Community Development District, Hialeah, Florida, Special Assessment Bonds, Series 2024                                                      | CUSIP: 90207EAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255762.15    | 0.04%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District 1, Texas, Pollution Control Revenue Bonds, AEP Texas Central Company Project, Remarketing, Series 2008-1          | Matagorda County Navigation District 1, Texas, Pollution Control Revenue Bonds, AEP Texas Central Company Project, Remarketing, Series 2008-1          | CUSIP: 576528DP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500825.30   | 0.24%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pilot Point, Denton, Grayson, and Cooke Counties, Texas, Special Assessment Revenue Bonds, Bryson Ranch Public Improvement District Zone A Improvement | Pilot Point, Denton, Grayson, and Cooke Counties, Texas, Special Assessment Revenue Bonds, Bryson Ranch Public Improvement District Zone A Improvement | CUSIP: 721614BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $190090.40    | 0.03%             | 2055-09-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority, Florida, Special Purpose Airport Facilities Revenue Bonds, JetBlue Airways Corporation, Series 2013                | Greater Orlando Aviation Authority, Florida, Special Purpose Airport Facilities Revenue Bonds, JetBlue Airways Corporation, Series 2013                | CUSIP: 392274F84<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500546.50   | 0.40%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |        85 | PA      | $79.90        | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Convertible Capital Appreciation S | Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Convertible Capital Appreciation S | CUSIP: 89386FAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $844917.10    | 0.13%             | 2051-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy, Refunding Series 2025                                               | Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy, Refunding Series 2025                                               | CUSIP: 979134AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1138396.92   | 0.18%             | 2055-06-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Tech Ridge Public Infrastructure District, St. George, Washington County, Utah, Special Assessment and Tax Increment Bonds, Tech Ridge Assessment Area | Tech Ridge Public Infrastructure District, St. George, Washington County, Utah, Special Assessment and Tax Increment Bonds, Tech Ridge Assessment Area | CUSIP: 878296AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1446147.92   | 0.23%             | 2054-12-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Austin, Texas, Certificates of Obligation, Series 2025                                                                                                 | Austin, Texas, Certificates of Obligation, Series 2025                                                                                                 | CUSIP: 0523975C6<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $2080670.35   | 0.33%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aerotropolis Regional Transportation Authority, Colorado, Special Revenue Bonds, Series 2024                                                           | Aerotropolis Regional Transportation Authority, Colorado, Special Revenue Bonds, Series 2024                                                           | CUSIP: 008051AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $747618.23    | 0.12%             | 2054-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Mountain Sky Metropolitan District, Fort Lupton, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2020A                             | Mountain Sky Metropolitan District, Fort Lupton, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2020A                             | CUSIP: 62427HAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $456097.10    | 0.07%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | CUSIP: 650116GR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $425147.82    | 0.07%             | 2039-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Savannah-Georgia Convention Center Authority, Convention Center Hotel Second Tier Revenue Bonds, Series 2025B                                          | Savannah-Georgia Convention Center Authority, Convention Center Hotel Second Tier Revenue Bonds, Series 2025B                                          | CUSIP: 804828AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $749477.40    | 0.12%             | 2061-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | CUSIP: 650010DR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $278185.44    | 0.04%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Education Revenue Bonds, Bonnie Cone Classical Academy, Series 2024                                             | Public Finance Authority of Wisconsin, Education Revenue Bonds, Bonnie Cone Classical Academy, Series 2024                                             | CUSIP: 74442ELZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2265000 | PA      | $1791465.74   | 0.28%             | 2049-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University, Series  | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University, Series  | CUSIP: 592041ZX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2860522.08   | 0.45%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Community College District, California, General Obligation Bonds, Taxable Election 2020 Series 2020A-1                                   | San Francisco Community College District, California, General Obligation Bonds, Taxable Election 2020 Series 2020A-1                                   | CUSIP: 797683HU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $605105.48    | 0.10%             | 2041-06-15      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University, Series  | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University, Series  | CUSIP: 592041ZY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $3299310.76   | 0.52%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Hospital Finance Authority, Hospital Revenue Bonds, Corewell Health, Series 2025A                                                             | Michigan Hospital Finance Authority, Hospital Revenue Bonds, Corewell Health, Series 2025A                                                             | CUSIP: 59465HXA9<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1180251.05   | 0.19%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reagan Ranch Metropolitan District 1, Colorado Springs, Colorado, General Obligation Bonds, Limited Tax & Special Revenue, Series 2025                 | Reagan Ranch Metropolitan District 1, Colorado Springs, Colorado, General Obligation Bonds, Limited Tax & Special Revenue, Series 2025                 | CUSIP: 755809AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989603.00    | 0.16%             | 2054-12-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | CUSIP: 162409AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $454838.26    | 0.07%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission, Social Municipal Certificates Multifamily Revenue Bonds, Series 2023-1 Class A                            | Washington State Housing Finance Commission, Social Municipal Certificates Multifamily Revenue Bonds, Series 2023-1 Class A                            | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   5557598 | PA      | $5314784.43   | 0.84%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A                  | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A                  | CUSIP: 26444CHB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $908517.10    | 0.14%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wichita, Kansas, Health Care Facilities Revenue Bonds, Presbyterian Manors, Series 2024VIII                                                            | Wichita, Kansas, Health Care Facilities Revenue Bonds, Presbyterian Manors, Series 2024VIII                                                            | CUSIP: 967249RM7<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    500000 | PA      | $493175.15    | 0.08%             | 2045-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    680000 | PA      | $707586.24    | 0.11%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | CUSIP: 162409AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2348047.83   | 0.37%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Delaware Economic Development Authority, Exempt Facility Revenue Bonds, NRG Energy Project, Refunding Series 2020A                                     | Delaware Economic Development Authority, Exempt Facility Revenue Bonds, NRG Energy Project, Refunding Series 2020A                                     | CUSIP: 246387SY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2945000 | PA      | $3001886.50   | 0.48%             | 2045-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | CUSIP: 2084186S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $492495.78    | 0.08%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District, Alameda County, California, General Obligation, Election of 2018 , Series 2025C-1                                  | Peralta Community College District, Alameda County, California, General Obligation, Election of 2018 , Series 2025C-1                                  | CUSIP: 713575YY8<br>LEI: 254900VWMA3IHACOBO19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2658059.00   | 0.42%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aviation Station North Metropolitan District 2, Denver County, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2019A    | Aviation Station North Metropolitan District 2, Denver County, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2019A    | CUSIP: 05369KAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    499000 | PA      | $500367.11    | 0.08%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BENLOCH RANCH IMPROV                                                                                                                                   | Benloch Ranch Improvement Association No 1                                                                                                             | CUSIP: 082148AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    477476 | PA      | $371763.32    | 0.06%             | 2039-12-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Falcon Area Water and Wastewater Authority (El Paso County, Colorado), Tap Fee Revenue Bonds, Series 2022A                                             | Falcon Area Water and Wastewater Authority (El Paso County, Colorado), Tap Fee Revenue Bonds, Series 2022A                                             | CUSIP: 30607HAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4065192.00   | 0.65%             | 2034-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Lanterns Metropolitan District 3, Douglas County, Colorado, General Obligation Bonds, Limited Tax Convertible Capital Appreciation Series 2023A-2      | Lanterns Metropolitan District 3, Douglas County, Colorado, General Obligation Bonds, Limited Tax Convertible Capital Appreciation Series 2023A-2      | CUSIP: 51654GAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $864635.05    | 0.14%             | 2053-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Healthcare Revenue Bonds, Beaufort Memorial Hospital & South of Broad Healthcare Project, Series 2 | South Carolina Jobs-Economic Development Authority, Healthcare Revenue Bonds, Beaufort Memorial Hospital & South of Broad Healthcare Project, Series 2 | CUSIP: 83704HAL1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259335.35    | 0.04%             | 2044-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | CUSIP: 754405KG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $227456.66    | 0.04%             | 2042-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Social Series 2024A                               | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Social Series 2024A                               | CUSIP: 67756Q6V4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    610000 | PA      | $600533.90    | 0.10%             | 2054-09-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-145A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-145A                                                     | CUSIP: 70879QWL3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2557364.63   | 0.41%             | 2049-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, Novelis Corporation Project, Series 2025B                | Baldwin County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, Novelis Corporation Project, Series 2025B                | CUSIP: 05786PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $564639.54    | 0.09%             | 2055-06-01      | Variable      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | CUSIP: 162409AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $535722.61    | 0.09%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Ottawa University Projects, Series 2020               | Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Ottawa University Projects, Series 2020               | CUSIP: 56678RAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $890933.90    | 0.14%             | 2040-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RJ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1865000 | PA      | $2088600.45   | 0.33%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Core Natural Resources, INC Project, AMT Series 2025      | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Core Natural Resources, INC Project, AMT Series 2025      | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    700000 | PA      | $716330.86    | 0.11%             | 2055-04-15      | Variable      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2025A                                            | California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2025A                                            | CUSIP: 13032U4W5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2548546.61   | 0.40%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | CUSIP: 5445875T1<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2654965.24   | 0.42%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Midlothian, Westside Preserve Public Improvement District Improvement Area #1 Project, Special Assessment Revenue Bonds, Series 2022           | City of Midlothian, Texas, Westside Preserve Public Improvement District Improvement Area #1 Project Special Assessment Revenue Bonds Series 2022      | CUSIP: 59785RAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $229751.24    | 0.04%             | 2032-09-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Red Bridge Public Infrastructure District 1, Utah, Limited Tax General Obligation Bonds, Series 2021A                                                  | Red Bridge Public Infrastructure District 1, Utah, Limited Tax General Obligation Bonds, Series 2021A                                                  | CUSIP: 756423AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $437297.10    | 0.07%             | 2041-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Center District, Dedicated Tax Revenue Bonds, Senior Series 2020C                                                                            | Wisconsin Center District, Dedicated Tax Revenue Bonds, Senior Series 2020C                                                                            | CUSIP: 976595FU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $973167.69    | 0.15%             | 2045-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts State, General Obligation Bonds, Consolidated Loan Series 2025G                                                                          | Massachusetts State, General Obligation Bonds, Consolidated Loan Series 2025G                                                                          | CUSIP: 57582TGF3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    780000 | PA      | $819116.77    | 0.13%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority, New Hampshire, Special Revenue Bonds, Tamarron Project, Fort Bend County, Texas, Series 2024                               | National Finance Authority, New Hampshire, Special Revenue Bonds, Tamarron Project, Fort Bend County, Texas, Series 2024                               | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999927.00    | 0.16%             | 2035-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Hotel Revenue Bonds, Grand Hyatt San Antonio Hotel Acquisition Project, Subordinate Lien Series 2022B           | Public Finance Authority of Wisconsin, Hotel Revenue Bonds, Grand Hyatt San Antonio Hotel Acquisition Project, Subordinate Lien Series 2022B           | CUSIP: 74447DAG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053148.20   | 0.33%             | 2062-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Utah Charter School Finance Authority, Charter School Revenue Bonds, Paradigm High School Project, Series 2020A                                        | Utah Charter School Finance Authority, Charter School Revenue Bonds, Paradigm High School Project, Series 2020A                                        | CUSIP: 91754TG72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $782111.89    | 0.12%             | 2051-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Revenue Bonds, University of Pittsburgh Medical Center, Series 2017A                            | Pennsylvania Economic Development Financing Authority, Revenue Bonds, University of Pittsburgh Medical Center, Series 2017A                            | CUSIP: 70870JAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2040000 | PA      | $1962311.70   | 0.31%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lanterns Metropolitan District 3, Douglas County, Colorado, General Obligation Bonds, Limited Tax Series 2023A-1                                       | Lanterns Metropolitan District 3, Douglas County, Colorado, General Obligation Bonds, Limited Tax Series 2023A-1                                       | CUSIP: 51654GAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $579988.75    | 0.09%             | 2053-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Aerotropolis Regional Transportation Authority, Colorado, Special Revenue Bonds, Series 2024                                                           | Aerotropolis Regional Transportation Authority, Colorado, Special Revenue Bonds, Series 2024                                                           | CUSIP: 008051AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017869.30   | 0.16%             | 2044-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Educational Facilities Revenue Bonds, Columbia College, Refunding Series 2020A                     | South Carolina Jobs-Economic Development Authority, Educational Facilities Revenue Bonds, Columbia College, Refunding Series 2020A                     | CUSIP: 83704MBG0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989868.30    | 0.16%             | 2040-10-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District, Sacramento County, California, General Obligation Bonds, Election of 2024 Measure D Series 2025A              | Sacramento City Unified School District, Sacramento County, California, General Obligation Bonds, Election of 2024 Measure D Series 2025A              | CUSIP: 785870S98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2674943.85   | 0.42%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whiting, Indiana, Environmental Facilities Revenue Bonds, BP Products North America Inc. Project, Series 2015                                          | Whiting, Indiana, Environmental Facilities Revenue Bonds, BP Products North America Inc. Project, Series 2015                                          | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3770000 | PA      | $3968803.79   | 0.63%             | 2045-11-01      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018                                                                       | Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018                                                                       | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10450945 | PA      | $10253160.87  | 1.63%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City and County Public Utilities Commission, California, Wastewater Revenue Bonds, Series 2013B                                          | San Francisco City and County Public Utilities Commission, California, Wastewater Revenue Bonds, Series 2013B                                          | CUSIP: 79768HCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2199898.58   | 0.35%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Social Series 2024C                                                        | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Social Series 2024C                                                        | CUSIP: 63968M5R6<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   4665000 | PA      | $4678605.47   | 0.74%             | 2049-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Delaware State Housing Authority, Senior Single Family Mortgage Revenue Bonds, Series 2024B                                                            | Delaware State Housing Authority, Senior Single Family Mortgage Revenue Bonds, Series 2024B                                                            | CUSIP: 246395B97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $942349.09    | 0.15%             | 2054-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Development Series 2024A-1                     | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Development Series 2024A-1                     | CUSIP: 64972KCJ2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999166.90    | 0.16%             | 2049-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | CUSIP: 686432BW4<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |    580000 | PA      | $634130.70    | 0.10%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A  | New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A  | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500432.00   | 0.40%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodmen Heights Metropolitan District 2, El Paso County, Colorado, General Obligation Limited Tax Bonds, Taxable Converting to Tax-Exempt Refunding Su | Woodmen Heights Metropolitan District 2, El Paso County, Colorado, General Obligation Limited Tax Bonds, Taxable Converting to Tax-Exempt Refunding Su | CUSIP: 979841AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    912000 | PA      | $902583.05    | 0.14%             | 2040-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hamilton County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2025A                                                                      | Hamilton County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2025A                                                                      | CUSIP: 4072722T9<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1343876.92   | 0.21%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Public Lighting Authority Refunding Local Project, Refunding Series 2025A     | Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Public Lighting Authority Refunding Local Project, Refunding Series 2025A     | CUSIP: 59447UAV2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    665000 | PA      | $734755.71    | 0.12%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | CUSIP: 93978HF67<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1880145.11   | 0.30%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alabama State University, General Tuition and Fee Revenue Bonds, Series 2025                                                                           | Alabama State University, General Tuition and Fee Revenue Bonds, Series 2025                                                                           | CUSIP: 010632QN0<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542382.20    | 0.09%             | 2045-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency, Revenue Bonds, UMass Memorial Health Care Obligated Group Issue, Series 2025N-2                              | Massachusetts Development Finance Agency, Revenue Bonds, UMass Memorial Health Care Obligated Group Issue, Series 2025N-2                              | CUSIP: 57585BEZ7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    420000 | PA      | $479771.75    | 0.08%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic Development and Housing Sustainability Green Series 2024C     | New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic Development and Housing Sustainability Green Series 2024C     | CUSIP: 649870QC9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    450000 | PA      | $456417.59    | 0.07%             | 2039-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, September Series 2025F                                                                                       | Illinois State, General Obligation Bonds, September Series 2025F                                                                                       | CUSIP: 452153PJ2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3115290.00   | 0.49%             | 2048-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Edgewater West Community Development District, Osceola County, Florida, Special Assessment Revenue Bonds, Assessment Area One Series 2024              | Edgewater West Community Development District, Osceola County, Florida, Special Assessment Revenue Bonds, Assessment Area One Series 2024              | CUSIP: 28035BAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $232094.90    | 0.04%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2                               | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955572.50    | 0.15%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Wisconsin, Revenue Bonds, Two Step Project, Series 2024                                                                      | Public Finance Authority, Wisconsin, Revenue Bonds, Two Step Project, Series 2024                                                                      | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $295722.85    | 0.05%             | 2034-12-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Battery Park City Authority, New York, Revenue Bonds, Senior Sustainability Green Series 2025                                                          | Battery Park City Authority, New York, Revenue Bonds, Senior Sustainability Green Series 2025                                                          | CUSIP: 07133AKP6<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3949764.62   | 0.63%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021                         | Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021                         | CUSIP: 74446DAJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $416065.65    | 0.07%             | 2054-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2024G                                                | California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2024G                                                | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1533379.69   | 0.24%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Princeton, Texas, Special Assessment Revenue Bonds, Winchester Crossing Public Improvement District 3 Project, Series 2024                             | Princeton, Texas, Special Assessment Revenue Bonds, Winchester Crossing Public Improvement District 3 Project, Series 2024                             | CUSIP: 742400CQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $152818.07    | 0.02%             | 2044-09-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Refunding Project, Series 2017             | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Refunding Project, Series 2017             | CUSIP: 018444AY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3018318.60   | 0.48%             | 2042-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| National Finance Authority, New Hampshire, Special Revenue Bonds, Bridgeland Water & Utility Districts 418,489,492,493,157 & 159, Series 2025          | National Finance Authority, New Hampshire, Special Revenue Bonds, Bridgeland Water & Utility Districts 418,489,492,493,157 & 159, Series 2025          | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5130000 | PA      | $5132180.25   | 0.81%             | 2033-12-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority, Florida, Special Purpose Airport Facilities Revenue Bonds, United Airlines, Inc. Project, Series 2025              | Greater Orlando Aviation Authority, Florida, Special Purpose Airport Facilities Revenue Bonds, United Airlines, Inc. Project, Series 2025              | CUSIP: 39227AAC6<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    650000 | PA      | $705848.65    | 0.11%             | 2036-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, New Jersey, Dock and Wharf Facility Revenue Bonds, Repauno Port & Rail Terminal Project, Series 2025        | New Jersey Economic Development Authority, New Jersey, Dock and Wharf Facility Revenue Bonds, Repauno Port & Rail Terminal Project, Series 2025        | CUSIP: 64578TAA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    650000 | PA      | $678154.69    | 0.11%             | 2035-01-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Galveston, Texas, Wharves and Terminal First Lien Revenue Bonds, Series 2023                                                                           | Galveston, Texas, Wharves and Terminal First Lien Revenue Bonds, Series 2023                                                                           | CUSIP: 364568JL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $620036.71    | 0.10%             | 2043-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority, Michigan, Sewer Disposal System Revenue Bonds, Second Lien Series 2025C                                                   | Great Lakes Water Authority, Michigan, Sewer Disposal System Revenue Bonds, Second Lien Series 2025C                                                   | CUSIP: 39081HHP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $549657.09    | 0.09%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District 15, Florida, Special Assessment Revenue Bonds, Series 2024                                                      | Village Community Development District 15, Florida, Special Assessment Revenue Bonds, Series 2024                                                      | CUSIP: 92708KAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $770047.14    | 0.12%             | 2055-05-01      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Dauphin County General Authority, Pennsylvania, Revenue Bonds, Harrisburg University of Science & Technology Project, Series 2020                      | Dauphin County General Authority, Pennsylvania, Revenue Bonds, Harrisburg University of Science & Technology Project, Series 2020                      | CUSIP: 23825JAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1300000.00   | 0.21%             | 2053-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Alcoa Inc. Project, Series 2012                                                  | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Alcoa Inc. Project, Series 2012                                                  | CUSIP: 46246SAE5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500416.25   | 0.40%             | 2042-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Montgomery County, Ohio, Health Care Facilities Revenue Bonds, Solvita Project Refunding and Improvement Series 2024                                   | Montgomery County, Ohio, Health Care Facilities Revenue Bonds, Solvita Project Refunding and Improvement Series 2024                                   | CUSIP: 613518DH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $408783.40    | 0.06%             | 2049-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Abilene Convention Center Hotel Development Corporation, Texas, Hotel Revenue Bonds, Second-Lien Series 2021B                                          | Abilene Convention Center Hotel Development Corporation, Texas, Hotel Revenue Bonds, Second-Lien Series 2021B                                          | CUSIP: 00344PAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $429279.60    | 0.07%             | 2050-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Northstar Community Services District, Calfornia, Special Tax Bonds, Community Facilities District 1, Series 2006                                      | Northstar Community Services District, California, California Special Tax Bonds Community Facilities District 1 Series 2006                            | CUSIP: 66704PBE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985432 | PA      | $246357.97    | 0.04%             | 2037-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Bell County, Kentucky, Special Assessment Industrial Building Revenue Bonds, Boone's Ridge Project, Series 2020                                        | Bell County, Kentucky, Special Assessment Industrial Building Revenue Bonds, Boone's Ridge Project, Series 2020                                        | CUSIP: 078021AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2750168.81   | 0.44%             | 2040-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    880000 | PA      | $907333.06    | 0.14%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Synergy Public Charter School Project, Series 2020-1          | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Synergy Public Charter School Project, Series 2020-1          | CUSIP: 72177MTH0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   4545000 | PA      | $4036434.95   | 0.64%             | 2050-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District, Florida, Special Assessment Revenue Bonds, Southeast Project, Series 2025                                         | Lakewood Ranch Stewardship District, Florida, Special Assessment Revenue Bonds, Southeast Project, Series 2025                                         | CUSIP: 51265KGF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1304862.04   | 0.21%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County, Florida, Seaport Revenue Bonds, Refunding Series 2022A                                                                              | Miami-Dade County, Florida, Seaport Revenue Bonds, Refunding Series 2022A                                                                              | CUSIP: 59335KFB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $882129.54    | 0.14%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southfield Public Schools, County Of Oakland, State Of Michigan, General Obligation Bonds, School Building and Site Series 2025                        | Southfield Public Schools, County Of Oakland, State Of Michigan, General Obligation Bonds, School Building and Site Series 2025                        | CUSIP: 844215SQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $241428.08    | 0.04%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City and County, California, Multifamily Housing Revenue Bonds, Sunnydale Hope SF Block 9, Series 2025B-2                                | San Francisco City and County, California, Multifamily Housing Revenue Bonds, Sunnydale Hope SF Block 9, Series 2025B-2                                | CUSIP: 79765PEG4<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1091620.79   | 0.17%             | 2029-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| University of California, General Revenue Bonds, Series 2025CD                                                                                         | University of California, General Revenue Bonds, Series 2025CD                                                                                         | CUSIP: 91412HWK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1835000 | PA      | $2220758.29   | 0.35%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mayberry Community Authority, Colorado Springs, El Paso County, Colorado, Special Revenue Bonds, Series 2021A                                          | Mayberry Community Authority, Colorado Springs, El Paso County, Colorado, Special Revenue Bonds, Series 2021A                                          | CUSIP: 57788CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $487694.50    | 0.08%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, University of Pittsburgh Medical Center, Series 2019A                    | Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, University of Pittsburgh Medical Center, Series 2019A                    | CUSIP: 01728A4Y9<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004344.50   | 0.16%             | 2037-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $831170.44    | 0.13%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4240000 | PA      | $946860.45    | 0.15%             | 2032-07-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Hotel Revenue Bonds, Provident Group ? Falcon Properties LLC, Project, Senior Series 2022A-1        | Arizona Industrial Development Authority, Arizona, Hotel Revenue Bonds, Provident Group Falcon Properties LLC, Project, Senior Series 2022A-1          | CUSIP: 71885JAB5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   4630000 | PA      | $2822461.43   | 0.45%             | 2051-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1029483 | PA      | $754673.01    | 0.12%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | CUSIP: 93978HF59<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1633015.06   | 0.26%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plaquemines Port, Harbor and Terminal District, Facilities Revenue Bonds, NOLA Terminal LLC Project Dock and Wharf Series 2024A                        | Plaquemines Port, Louisiana, Harbor and Terminal District Facilities Revenue Bonds NOLA Terminal LLC Project Dock and Wharf Series 2024A               | CUSIP: 727521AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $433577.40    | 0.07%             | 2044-12-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RK2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1794105.30   | 0.28%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Education Revenue Bonds, Shining Rock Classical Academy, Series 2022A                                           | Public Finance Authority of Wisconsin, Education Revenue Bonds, Shining Rock Classical Academy, Series 2022A                                           | CUSIP: 74442EJY7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    175000 | PA      | $154949.62    | 0.02%             | 2057-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Denton County, Texas, Special Assessment Revenue Bonds, Green Meadows Public Improvement District Major Improvement Area Project, Series 2025          | Denton County, Texas, Special Assessment Revenue Bonds, Green Meadows Public Improvement District Major Improvement Area Project, Series 2025          | CUSIP: 24880GAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $334503.03    | 0.05%             | 2055-12-31      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| District of Columbia, Income Tax Secured Revenue Bonds, Series 2019A                                                                                   | District of Columbia, Income Tax Secured Revenue Bonds, Series 2019A                                                                                   | CUSIP: 25477GPH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1292583.23   | 0.21%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Tax Increment, Revenue Subordinate Bonds, Miami, Miami World Center Project, Series 2024B                                    | Public Finance Authority, Wisconsin, Tax Increment Revenue Subordinate Bonds, World Center Project Series 2024B                                        | CUSIP: 74448EAB0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509729.45    | 0.08%             | 2042-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SouthGlenn Metropolitan District, Colorado, Special Revenue Bonds, Refunding Series 2016                                                               | SouthGlenn Metropolitan District, Colorado, Special Revenue Bonds, Refunding Series 2016                                                               | CUSIP: 84437RAE7<br>LEI: 549300ETN4YRI5O2PU39 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1216286.81   | 0.19%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | CUSIP: 91514APJ8<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    940000 | PA      | $935236.83    | 0.15%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority, Revenue Bonds, Lifespace Communities, Inc., Series 2024A                                                                       | Iowa Finance Authority, Revenue Bonds, Lifespace Communities, Inc., Series 2024A                                                                       | CUSIP: 46247SFT6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75314.43     | 0.01%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1                                            | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1                                            | CUSIP: 12008KAH5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2444459.70   | 0.39%             | 2055-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Bridgeville, Delaware, Special Obligation Bonds, Heritage Shores Special Development District, Series 2024                                             | Bridgeville, Delaware, Special Obligation Bonds, Heritage Shores Special Development District, Series 2024                                             | CUSIP: 108588AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503631.35    | 0.08%             | 2053-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Arkansas Development Finance Authority, Industrial Development Revenue Bonds, Big River Steel Project, Series 2019                                     | Arkansas Development Finance Authority, Industrial Development Revenue Bonds, Big River Steel Project, Series 2019                                     | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6327927.45   | 1.00%             | 2049-09-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority, Revenue Bonds, Covenant Health Group Series 2023                                              | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Covenant Health Group Series 2023                                              | CUSIP: 64461XGW9<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3531804.00   | 0.56%             | 2037-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | CUSIP: 650116CW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3563588.28   | 0.57%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Warren County, Mississippi, Certificates of Participation, Lease Purchase Jail Project Series 2023                                                     | Warren County, Mississippi, Certificates of Participation, Lease Purchase Jail Project Series 2023                                                     | CUSIP: 935019AX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1705106.77   | 0.27%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, First Tier Series 2025        | Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, First Tier Series 2025        | CUSIP: 74445QDZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1360121.31   | 0.22%             | 2055-01-01      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | Ravenswood City School District, San Diego County, California, General Obligation Bonds, Election 2022 Series 2025B                                    | CUSIP: 754405KF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $240273.00    | 0.04%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, PPL Energy Supply, LLC Project, Refunding Series 2009C         | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, PPL Energy Supply, LLC Project, Refunding Series 2009C         | CUSIP: 708686ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301526.28    | 0.05%             | 2037-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | CUSIP: 650010DK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $199276.81    | 0.03%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District, San Joaquin County, California, General Obligation Bonds, 2022 Election, Series 2025A                                | Stockton Unified School District, San Joaquin County, California, General Obligation Bonds, 2022 Election, Series 2025A                                | CUSIP: 861419H44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061929.40   | 0.17%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | CUSIP: 452153KB4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1283099.79   | 0.20%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District, Washington County, Utah, Special Assessment Bonds, Black Desert Assessment Area 1, Series 2024            | Black Desert Public Infrastructure District, Washington County, Utah, Special Assessment Bonds, Black Desert Assessment Area 1, Series 2024            | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $206315.55    | 0.03%             | 2053-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| California Public Finance Authority, Senior Living Revenue Bonds, Enso Village, Refunding Green Series 2021A                                           | California Public Finance Authority, Senior Living Revenue Bonds, Enso Village, Refunding Green Series 2021A                                           | CUSIP: 13057GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $429893.80    | 0.07%             | 2046-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, Providence Saint Joseph Health, Refunding Series 2021B                                     | Washington Health Care Facilities Authority, Revenue Bonds, Providence Saint Joseph Health, Refunding Series 2021B                                     | CUSIP: 93978HYG4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1989488.52   | 0.32%             | 2042-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California, General Revenue Bonds, Series 2025CD                                                                                         | University of California, General Revenue Bonds, Series 2025CD                                                                                         | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $715730.39    | 0.11%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Modesto, California, Wastewater Revenue Bonds, Series 2025                                                                                             | Modesto, California, Wastewater Revenue Bonds, Series 2025                                                                                             | CUSIP: 607802DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $568632.67    | 0.09%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2025A                                        | Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue Bonds, Series 2025A                                        | CUSIP: 841466BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1079347.04   | 0.17%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Langley South Community Development District, Florida, Special Assessment Revenue Bonds, Mascotte Assessment Area One Series 2024                      | Langley South Community Development District, Florida, Special Assessment Revenue Bonds, Mascotte Assessment Area One Series 2024                      | CUSIP: 515816AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $322669.44    | 0.05%             | 2044-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Ridge at Johnstown Metropolitan District 8, Larimer County, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024    | Ridge at Johnstown Metropolitan District 8, Larimer County, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024    | CUSIP: 76571UAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    911617 | PA      | $876466.51    | 0.14%             | 2044-12-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Build NYC Resource Corporation, New York, Revenue Bonds, Albert Einstein College of Medicine, Inc, Series 2023                                         | Build NYC Resource Corporation, New York, Revenue Bonds, Albert Einstein College of Medicine, Inc, Series 2023                                         | CUSIP: 12008EUA2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1288921.60   | 0.20%             | 2055-06-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | CUSIP: 91514APG4<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1414568.73   | 0.22%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority, Revenue Bonds, Elizabeth River Crossing OPCO, LLC Project, Refunding Senior Lien Series 2022              | Virginia Small Business Financing Authority, Revenue Bonds, Elizabeth River Crossing OPCO, LLC Project, Refunding Senior Lien Series 2022              | CUSIP: 928104NY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1568165.92   | 0.25%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Broadway Station Metropolitan District 2, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019 | Broadway Station Metropolitan District 2, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019 | CUSIP: 111570AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $700142.80    | 0.11%             | 2048-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission, West Virginia, Special District Excise Tax Revenue Bonds, University Town Centre Economic Opportunity Development Distri | Monongalia County Commission, West Virginia, Special District Excise Tax Revenue Bonds, University Town Centre Economic Opportunity Development Distri | CUSIP: 61022CAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105477.63    | 0.02%             | 2043-06-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Jefferson Center Metropolitan District 1, Arvada, Jefferson County, Colorado, Special Revenue Bonds, Subordinate Series 2020B                          | Jefferson Center Metropolitan District 1, Arvada, Jefferson County, Colorado, Special Revenue Bonds, Subordinate Series 2020B                          | CUSIP: 47248EAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5255064.15   | 0.83%             | 2050-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Garden City, Kansas, Sales Tax Special Obligation Revenue Bonds, Sports of the World Star Bond Project ? Phase II, Series 2025                         | Garden City, Kansas, Sales Tax Special Obligation Revenue Bonds, Sports of the World Star Bond Project Phase II, Series 2025                           | CUSIP: 36508AAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $304755.70    | 0.05%             | 2029-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019                                                     | Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019                                                     | CUSIP: 69578NAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $457886.40    | 0.07%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Industrial Development Corporation, Texas, Revenue Bonds, NRG Energy Inc. Project, Series 2012B                                       | Fort Bend County Industrial Development Corporation, Texas, Revenue Bonds, NRG Energy Inc. Project, Series 2012B                                       | CUSIP: 346786AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1280239.23   | 0.20%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Refunding Series 2026A                                              | CUSIP: 650010DH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $238755.22    | 0.04%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2017A-2                                | Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2017A-2                                | CUSIP: 368497JM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9144020.70   | 1.45%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Phase 2 Project, Series 2024                           | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Phase 2 Project, Series 2024                           | CUSIP: 97712JJT1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    150000 | PA      | $160435.53    | 0.03%             | 2039-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Grand Oaks Community Development District, Saint Johns County, Florida, Special Assessment Bonds, Assessment Area 2, Series 2020                       | Grand Oaks Community Development District, Saint Johns County, Florida, Special Assessment Bonds, Assessment Area 2, Series 2020                       | CUSIP: 38611CAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1082071.12   | 0.17%             | 2040-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wohali Public Infrastructure District 1, Utah, Special Assessment Revenue Bonds, Assessment Area 1 Series 2023                                         | Wohali Public Infrastructure District 1, Utah, Special Assessment Revenue Bonds, Assessment Area 1 Series 2023                                         | CUSIP: 929335AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2110572.11   | 0.34%             | 2042-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1                     | Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1                     | CUSIP: 89386FAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1122285.54   | 0.18%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Subordinate Series 2017A                                  | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Subordinate Series 2017A                                  | CUSIP: 64578JBB1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    750000 | PA      | $750701.78    | 0.12%             | 2030-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Illinois Institute of Technology, Series 2025A                                                              | Illinois Finance Authority, Revenue Bonds, Illinois Institute of Technology, Series 2025A                                                              | CUSIP: 45204FN27<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1861046.20   | 0.30%             | 2046-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2010XX                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2010XX                                                                                     | CUSIP: 74526YEE1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $5032772.33   | 0.80%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Boys Town Village, Nebraska, Revenue Bonds, Boys Town Project Series 2026                                                                              | Boys Town Village, Nebraska, Revenue Bonds, Boys Town Project Series 2026                                                                              | CUSIP: 103627AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9300000 | PA      | $9654928.92   | 1.53%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothills Metropolitan District, Fort Collins, Colorado, Special Revenue Bonds, Series 2014                                                            | Foothills Metropolitan District, Fort Collins, Colorado, Special Revenue Bonds, Series 2014                                                            | CUSIP: 34512KAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999715.30    | 0.16%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Senior Lien Series 2025A-1                 | Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Senior Lien Series 2025A-1                 | CUSIP: 19645UTS3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   6680000 | PA      | $7027726.06   | 1.12%             | 2059-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Refunding Series 2020          | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Refunding Series 2020          | CUSIP: 72177MTL1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   5265000 | PA      | $4212000.00   | 0.67%             | 2035-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York City Housing Development Corporation, New York, Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Taxable Class E Series 2024             | New York City Housing Development Corporation, New York, Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Taxable Class E Series 2024             | CUSIP: 64966TGW8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    140000 | PA      | $144183.09    | 0.02%             | 2031-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Astoria Hospital Facilities Authority, Oregon, Hospital Revenue Bonds, Columbia Memorial Hospital Project, Series 2024                                 | Astoria Hospital Facilities Authority, Oregon, Hospital Revenue Bonds, Columbia Memorial Hospital Project, Series 2024                                 | CUSIP: 046279CT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1168587.85   | 0.19%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Series 2025A                                                             | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Series 2025A                                                             | CUSIP: 452252QZ5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   4870000 | PA      | $5190586.74   | 0.82%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 64th Avenue ARI Authority, Adams County, Colorado, Special Revenue Bonds, Series 2020                                                                  | 64th Avenue ARI Authority, Adams County, Colorado, Special Revenue Bonds, Series 2020                                                                  | CUSIP: 83011AAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2396160.53   | 0.38%             | 2043-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge and Tunnel Authority, New York, Real Estate Transfer Tax Revenue Bonds, MTA Bridges and Tunnels, TBTA Capital Lockbox Fund, Series 2 | Triborough Bridge and Tunnel Authority, New York, Real Estate Transfer Tax Revenue Bonds, MTA Bridges and Tunnels, TBTA Capital Lockbox Fund, Series 2 | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1443006.62   | 0.23%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012  | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012  | CUSIP: 13054WAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6290000 | PA      | $6332538.01   | 1.01%             | 2030-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| St. Vrain Lakes Metropolitan District 4, Weld County, Colorado, General Obligation Bonds, Firestone Convertible Capital Appreciation Limited Tax Serie | St. Vrain Lakes Metropolitan District 4, Weld County, Colorado, General Obligation Bonds, Firestone Convertible Capital Appreciation Limited Tax Serie | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $364532.55    | 0.06%             | 2054-09-20      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Core Natural Resources, INC Project, AMT Series 2025      | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Core Natural Resources, INC Project, AMT Series 2025      | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    200000 | PA      | $218383.58    | 0.03%             | 2055-01-01      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lincoln Preparatory School Project, Series 2021A                                        | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lincoln Preparatory School Project, Series 2021A                                        | CUSIP: 546399KX3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $894011.15    | 0.14%             | 2051-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Peralta Community College District, Alameda County, California, General Obligation, Election of 2018 , Series 2025C-1                                  | Peralta Community College District, Alameda County, California, General Obligation, Election of 2018 , Series 2025C-1                                  | CUSIP: 713575YZ5<br>LEI: 254900VWMA3IHACOBO19 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1162716.83   | 0.18%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BL TRAIN HOLDINGS WEST LLC                                                                                                                             | BL TRAIN HOLDINGS WEST LLC                                                                                                                             | CUSIP: 05594N118<br>LEI: N/A                  | Long             | DE               | CORP              | US        |     34680 | NS      | $52020.00     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Ridges Estates Infrastructure Financing District, Utah, Special Assessment Bonds, Alpine Hollow Assessment Area, Series 2025                           | Ridges Estates Infrastructure Financing District, Utah, Special Assessment Bonds, Alpine Hollow Assessment Area, Series 2025                           | CUSIP: 76610DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029575.50   | 0.16%             | 2053-12-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, The University of Chicago, Series 2018A                                                                     | Illinois Finance Authority, Revenue Bonds, The University of Chicago, Series 2018A                                                                     | CUSIP: 45204ED70<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013077.40   | 0.32%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corporation, Texas, Utility Revenue Bonds, Permian Basin Water Resources Project, Series 2025A                            | Mission Economic Development Corporation, Texas, Utility Revenue Bonds, Permian Basin Water Resources Project, Series 2025A                            | CUSIP: 605158AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1055525.83   | 0.17%             | 2060-08-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Colorado Health Facilities Authority, Colorado, Revenue Bonds, Cappella of Grand Junction Project, Series 2019                                         | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Cappella of Grand Junction Project, Series 2019                                         | CUSIP: 19648FNG5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $352500.00    | 0.06%             | 2054-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kremmling Memorial Hospital District, Colorado, Certificates of Participation, Series 2024                                                             | Kremmling Memorial Hospital District, Colorado, Certificates of Participation, Series 2024                                                             | CUSIP: 500795AK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1184460.60   | 0.19%             | 2056-12-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Alameda County Fire Department, California, General Obligation Bonds, Series 2025                                                                      | Alameda County Fire Department, California, General Obligation Bonds, Series 2025                                                                      | CUSIP: 010892AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $105304.63    | 0.02%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Detroit, Wayne County, Michigan, General Obligation Bonds, Financial Recovery Series 2014B-1                                                           | Detroit, Wayne County, Michigan, General Obligation Bonds, Financial Recovery Series 2014B-1                                                           | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   4971590 | PA      | $3916020.52   | 0.62%             | 2044-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-144A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-144A                                                     | CUSIP: 70879QUZ4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1843271.92   | 0.29%             | 2049-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Colorado International Center Metropolitan District 8, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020                       | Colorado International Center Metropolitan District 8, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020                       | CUSIP: 19650RAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16000000 | PA      | $16042939.20  | 2.55%             | 2050-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Winrock Town Center Tax Increment Development District 1, Albuquerque, New Mexico, Gross Receipts Tax Increment Bonds, Subordinate Lien Series 2020    | Winrock Town Center Tax Increment Development District 1, Albuquerque, New Mexico, Gross Receipts Tax Increment Bonds, Subordinate Lien Series 2020    | CUSIP: 97535RAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6927000 | PA      | $6932982.85   | 1.10%             | 2040-05-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2026A                                               | Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2026A                                               | CUSIP: 68607DXQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $290048.28    | 0.05%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Hotel Development Financing Corporation, Hotel Revenue Bonds Frenchmana's Reef Hotel Acquisition Project, Senior Lien Series 2025A-1    | Virgin Islands Hotel Development Financing Corporation, Hotel Revenue Bonds Frenchmanas Reef Hotel Acquisition Project, Senior Lien Series 2025A-1     | CUSIP: 92766AAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2186552.94   | 0.35%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Wisconsin, Toll Revenue Bonds, Georgia SR 400 Express Lanes Project, Senior Lien Series 2025                                 | Public Finance Authority, Wisconsin, Toll Revenue Bonds, Georgia SR 400 Express Lanes Project, Senior Lien Series 2025                                 | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4460000 | PA      | $4622309.21   | 0.73%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Gillett, Wisconsin, Solid Waste Disposal Revenue Bonds, WI RNG Hub North LLC Renewable Natural Gas Production Plant Project, Series 2021A              | Gillett, Wisconsin, Solid Waste Disposal Revenue Bonds, WI RNG Hub North LLC Renewable Natural Gas Production Plant Project, Series 2021A              | CUSIP: 375760AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2343843.90   | 0.37%             | 2032-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Chicago, Illinois, Midway Airport Revenue Bonds, Refunding Senior Lien Series 2023A                                                                    | Chicago, Illinois, Midway Airport Revenue Bonds, Refunding Senior Lien Series 2023A                                                                    | CUSIP: 167562RV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1577008.66   | 0.25%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | CUSIP: 93978HE92<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1098991.50   | 0.17%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, December Series 2023C                                                                                        | Illinois State, General Obligation Bonds, December Series 2023C                                                                                        | CUSIP: 452153HT9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2554650.75   | 0.41%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pflugerville, Travis and Williamson Counties, Texas, Certificates of Obligation, Combination Tax and Revenue Limited Series 2023                       | Pflugerville, Travis and Williamson Counties, Texas, Certificates of Obligation, Combination Tax and Revenue Limited Series 2023                       | CUSIP: 717088DQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3542134.85   | 0.56%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Northshore - Edward-Elmhurst Health Credit Group, Series 2022A                                              | Illinois Finance Authority, Revenue Bonds, Northshore - Edward-Elmhurst Health Credit Group, Series 2022A                                              | CUSIP: 45204FQB4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    815000 | PA      | $829159.08    | 0.13%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Ysidro School District, San Diego County, California, General Obligation Bonds, 2020 Election Measure U, Series 2025C                              | San Ysidro School District, San Diego County, California, General Obligation Bonds, 2020 Election Measure U, Series 2025C                              | CUSIP: 799561PP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1599371.25   | 0.25%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund, Puerto Rico, Tobacco Settlement Asset-Backed Bonds, Series 2008A                                                                | Children's Trust Fund, Puerto Rico, Tobacco Settlement Asset-Backed Bonds, Series 2008A                                                                | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5950000 | PA      | $282965.94    | 0.04%             | 2057-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Miami, Florida, Limited Ad Valorem Tax Bonds, Forever Infrastructure Programs Series 2024A                                                             | Miami, Florida, Limited Ad Valorem Tax Bonds, Forever Infrastructure Programs Series 2024A                                                             | CUSIP: 59338CAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $945269.69    | 0.15%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing and Finance Association, Single Family Mortgage Revenue Bonds, Series 2024A                                                              | Idaho Housing and Finance Association, Single Family Mortgage Revenue Bonds, Series 2024A                                                              | CUSIP: 45129Y5J1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    530000 | PA      | $524775.15    | 0.08%             | 2054-01-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority, Dock and Wharf Facilities Revenue Bonds, Empire Trimodal Terminal, LLC Project, Series 2020              | West Virginia Economic Development Authority, Dock and Wharf Facilities Revenue Bonds, Empire Trimodal Terminal, LLC Project, Series 2020              | CUSIP: 95649CAA8<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   3660000 | PA      | $1830000.00   | 0.29%             | 2040-12-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021                         | Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021                         | CUSIP: 74446DAH1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1418623.35   | 0.23%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aurora Highlands Community Authority Board, Adams County, Colorado, Special Tax Revenue Bonds, Refunding & Improvement Series 2021A                    | Aurora Highlands Community Authority Board, Adams County, Colorado, Special Tax Revenue Bonds, Refunding & Improvement Series 2021A                    | CUSIP: 05164HAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5220000 | PA      | $5004126.90   | 0.79%             | 2051-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut Health and Educational Facilities Authority, Chefa Revenue Bonds, Yale University, Remarketing Series 2015A                                | Connecticut Health and Educational Facilities Authority, Chefa Revenue Bonds, Yale University, Remarketing Series 2015A                                | CUSIP: 20775DYA4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1576240.91   | 0.25%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority, Revenue Bonds, California Baptist University, Refunding Series 2025A                                           | California Municipal Finance Authority, Revenue Bonds, California Baptist University, Refunding Series 2025A                                           | CUSIP: 13048V3E6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $421188.60    | 0.07%             | 2040-11-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Revolution Academy, Refunding Series 2023A                                                       | Public Finance Authority of Wisconsin, Revenue Bonds, Revolution Academy, Refunding Series 2023A                                                       | CUSIP: 74442ELL2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1040278.45   | 0.17%             | 2058-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Columbia County School District, Georgia, General Obligation Bonds, Series 2026                                                                        | Columbia County School District, Georgia, General Obligation Bonds, Series 2026                                                                        | CUSIP: 197486NX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $2059343.76   | 0.33%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warren County, Mississippi, Certificates of Participation, Lease Purchase Jail Project Series 2023                                                     | Warren County, Mississippi, Certificates of Participation, Lease Purchase Jail Project Series 2023                                                     | CUSIP: 935019AW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1294349.55   | 0.21%             | 2048-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wakara Ridge Public Infrastructure District, Special Assessment Bonds, Wakara Ridge Assessment Area, Series 2025                                       | Wakara Ridge Public Infrastructure District, Utah, Special Assessment Bonds, Wakara Ridge Assessment Area, Series 2025                                 | CUSIP: 930814AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509356.95    | 0.08%             | 2054-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Health and Educational Facilities Authority, Revenue Bonds, Nuvance Health Series 2019A                                                    | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Nuvance Health Series 2019A                                                    | CUSIP: 20775DCP5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257637.88   | 0.20%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2024A                                               | Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2024A                                               | CUSIP: 74442ELX6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936344.50    | 0.15%             | 2064-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Passaic County Improvement Authority, New Jersey, Charter School Revenue Bonds, Paterson Charter School for Science and Technology, Inc. Project, Seri | Passaic County Improvement Authority, New Jersey, Charter School Revenue Bonds, Paterson Charter School for Science and Technology, Inc. Project, Seri | CUSIP: 70275QAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $497092.90    | 0.08%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Subordinate Series 2023F-1                            | Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Subordinate Series 2023F-1                            | CUSIP: 45528U7L9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   4060000 | PA      | $4466131.54   | 0.71%             | 2067-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health Issue, Series 2026B                                         | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health Issue, Series 2026B                                         | CUSIP: 57421CNT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1603369.28   | 0.25%             | 2056-08-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Lake Charles Charter Academy Foundation Project, Refunding Series 2024A               | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Lake Charles Charter Academy Foundation Project, Refunding Series 2024A               | CUSIP: 546399TY2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    450000 | PA      | $437042.79    | 0.07%             | 2043-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Massachusetts State, General Obligation Bonds, Consolidated Loan Series 2025G                                                                          | Massachusetts State, General Obligation Bonds, Consolidated Loan Series 2025G                                                                          | CUSIP: 57582TGC0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    495000 | PA      | $537348.29    | 0.09%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure and Economic Development Bank, Revenue Bonds, Brightline West Passenger Rail Project, Green Series 2025B                     | California Infrastructure and Economic Development Bank, Revenue Bonds, Brightline West Passenger Rail Project, Green Series 2025B                     | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $1830000.00   | 0.29%             | 2065-01-01      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Refunding Series 2025                 | Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Refunding Series 2025                 | CUSIP: 593237GL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $488042.42    | 0.08%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge and Tunnel Enterprise, Colorado, Senior Infrastructure Revenue Bonds, Series 2025A                                                     | Colorado Bridge and Tunnel Enterprise, Colorado, Senior Infrastructure Revenue Bonds, Series 2025A                                                     | CUSIP: 19633TBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $578028.94    | 0.09%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Cincinnati, Ohio, General Receipts Bonds, Series 2025A                                                                                   | University of Cincinnati, Ohio, General Receipts Bonds, Series 2025A                                                                                   | CUSIP: 9141197J5<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1111280.48   | 0.18%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Parking System Revenue Bonds, Capitol Region Parking System, Junior Guaranteed Series 2013B     | Pennsylvania Economic Development Financing Authority, Parking System Revenue Bonds, Capitol Region Parking System, Junior Guaranteed Series 2013B     | CUSIP: 70870EDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $1193331.70   | 0.19%             | 2045-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc. Terminal Improvements Project, Series 2024B                     | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc. Terminal Improvements Project, Series 2024B                     | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084261.80   | 0.17%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pinon Pines Metropolitan District No. 3, El Paso County, Colorado, General Obligation Limited Tax Convertible Capital Appreciation Bonds, Series 2025  | Pinon Pines Metropolitan District No. 3, El Paso County, Colorado, General Obligation Limited Tax Convertible Capital Appreciation Bonds, Series 2025  | CUSIP: 72352WAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $778102.75    | 0.12%             | 2054-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023G                                                | California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023G                                                | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6770000 | PA      | $7276407.51   | 1.16%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Saint Louis Municipal Finance Corporation, Missouri, Leasehold Revenue Bonds, Convention Center, Expansion & Improvement Projects Series 2020          | Saint Louis Municipal Finance Corporation, Missouri, Leasehold Revenue Bonds, Convention Center, Expansion & Improvement Projects Series 2020          | CUSIP: 79165TUC3<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2691426.68   | 0.43%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Second Lien Series 2025D                                                            | Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Second Lien Series 2025D                                                            | CUSIP: 39081JKN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $937650.33    | 0.15%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | CUSIP: 452153KC2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    930000 | PA      | $979266.66    | 0.16%             | 2045-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, Neuweiler Lofts Project, Series 2023                   | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, Neuweiler Lofts Project, Series 2023                   | CUSIP: 018444CB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1651711.26   | 0.26%             | 2042-05-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Refunding Series 2006B                           | Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Refunding Series 2006B                           | CUSIP: 14483RAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $1895452.69   | 0.30%             | 2034-10-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007                       | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007                       | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1215305.28   | 0.19%             | 2037-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Bonds, El Paso Electric Company Palo Verde Project, Refunding Series | Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Bonds, El Paso Electric Company Palo Verde Project, Refunding Series | CUSIP: 566854EA9<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000089.60   | 0.16%             | 2042-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Dauphin County General Authority, Pennsylvania, Revenue Bonds, Harrisburg University of Science & Technology Project, Series 2017                      | Dauphin County General Authority, Pennsylvania, Revenue Bonds, Harrisburg University of Science & Technology Project, Series 2017                      | CUSIP: 23825JAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $650000.00    | 0.10%             | 2041-10-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020A-1                                            | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020A-1                                            | CUSIP: 12008KAB8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4385044.50   | 0.70%             | 2055-06-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Northwest Christian School Project, Series 2020A                  | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Northwest Christian School Project, Series 2020A                  | CUSIP: 71885FGU5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3405000 | PA      | $2779428.29   | 0.44%             | 2055-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | CUSIP: 74446HAD1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4000000.00   | 0.63%             | 2050-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Miami-Dade County, Florida, Special Obligation Bonds, Subordinate Series 2009                                                                          | Miami-Dade County, Florida, Special Obligation Bonds, Subordinate Series 2009                                                                          | CUSIP: 59333N2A0<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $905997.32    | 0.14%             | 2037-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Energy Facilities Revenue Bonds, UMM Energy Partners, LLC Project, Series 2012A                             | New Jersey Economic Development Authority, Energy Facilities Revenue Bonds, UMM Energy Partners, LLC Project, Series 2012A                             | CUSIP: 64577QAK7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1180566.75   | 0.19%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Fontana Public Facilities Financing Authority, California, Lease Revenue Bonds, Series 2025A                                                           | Fontana Public Facilities Financing Authority, California, Lease Revenue Bonds, Series 2025A                                                           | CUSIP: 34461BCN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055492.20   | 0.17%             | 2050-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2023A                | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2023A                | CUSIP: 34061ULZ9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    835000 | PA      | $923859.78    | 0.15%             | 2033-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | CUSIP: 13063EMY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1325450.32   | 0.21%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023C                                                | California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023C                                                | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2086305.34   | 0.33%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | CUSIP: 13063EMW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $829255.08    | 0.13%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kremmling Memorial Hospital District, Colorado, Certificates of Participation, Series 2024                                                             | Kremmling Memorial Hospital District, Colorado, Certificates of Participation, Series 2024                                                             | CUSIP: 500795AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505509.50   | 0.24%             | 2044-12-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A                                                              | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A                                                              | CUSIP: 646136WU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4970000 | PA      | $2946341.74   | 0.47%             | 2039-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Independence Water & Sanitation District, Elbert County, Colorado, Special Revenue Bonds, Refunding and Improvement Series 2024                        | Independence Water & Sanitation District, Elbert County, Colorado, Special Revenue Bonds, Refunding and Improvement Series 2024                        | CUSIP: 45380AAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522774.85    | 0.08%             | 2033-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Chicago, Illinois, Midway Airport Revenue Bonds, Refunding Senior Lien Series 2023A                                                                    | Chicago, Illinois, Midway Airport Revenue Bonds, Refunding Senior Lien Series 2023A                                                                    | CUSIP: 167562RT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $127325.08    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2023-143A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2023-143A                                                     | CUSIP: 70879QUL5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3105043.50   | 0.49%             | 2051-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2023B                                       | Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2023B                                       | CUSIP: 944514K31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1198681.84   | 0.19%             | 2037-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Dominican University, Refunding Series 2022                                                                 | Illinois Finance Authority, Revenue Bonds, Dominican University, Refunding Series 2022                                                                 | CUSIP: 45204FRR8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    240000 | PA      | $249711.91    | 0.04%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District 1, Eagle, Idaho, Special Assessment Bonds, Series 2024                                                 | Spring Valley Community Infrastructure District 1, Eagle, Idaho, Special Assessment Bonds, Series 2024                                                 | CUSIP: 850072AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $645305.28    | 0.10%             | 2053-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority, Colorado, Revenue Bonds, Covenant Living Communities & Services, Series 2025A                                    | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Covenant Living Communities & Services, Series 2025A                                    | CUSIP: 19648FZH0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    475000 | PA      | $483878.42    | 0.08%             | 2045-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fourth North Business Improvement District, Silverthorne, Summit County, Colorado, Special Revenue and Tax Supported Bonds, Refunding & Improvement Se | Fourth North Business Improvement District, Silverthorne, Summit County, Colorado, Special Revenue and Tax Supported Bonds, Refunding & Improvement Se | CUSIP: 35122CAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1378000 | PA      | $1405783.37   | 0.22%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2008A                                                              | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2008A                                                              | CUSIP: 646136WK3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $812276.45    | 0.13%             | 2038-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | Illinois State, General Obligation Bonds, May Series 2024B                                                                                             | CUSIP: 452153KG3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    930000 | PA      | $961370.11    | 0.15%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Charlotte County Industrial Development Authority, Florida, Utility System Revenue Bonds, Town & Country Utilities Project, Series 2025                | Charlotte County Industrial Development Authority, Florida, Utility System Revenue Bonds, Town & Country Utilities Project, Series 2025                | CUSIP: 16080TAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $672986.02    | 0.11%             | 2055-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | CUSIP: 2084186X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $1001290.44   | 0.16%             | 2046-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Social Bonds ? Pensar Academy Project, Series 2020                         | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Social Bonds ? Pensar Academy Project, Series 2020                         | CUSIP: 04052BLZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1296044.40   | 0.21%             | 2055-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Education Revenue Bonds, The Capitol Encore Academy, Series 2021A                                               | Public Finance Authority of Wisconsin, Education Revenue Bonds, The Capitol Encore Academy, Series 2021A                                               | CUSIP: 74442EGG9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $816472.80    | 0.13%             | 2056-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Lehigh County Industrial Development Authority, Pennsylvania, Revenue Bonds, Provident Group -Lehigh Valley International Airport Hotel Project First  | Lehigh County Industrial Development Authority, Pennsylvania, Revenue Bonds, Provident Group -Lehigh Valley International Airport Hotel Project First  | CUSIP: 52480PAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966215.60    | 0.15%             | 2065-01-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Series 2025B                              | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Series 2025B                              | CUSIP: 340618EB9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  16155000 | PA      | $11308500.00  | 1.80%             | 2057-07-01      | Variable      | 10.00%                | Yes           |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-144A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2024-144A                                                     | CUSIP: 70879QUY7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    340000 | PA      | $341457.44    | 0.05%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| National Finance Authority, New Hampshire, Resource Recovery Revenue Bonds, Covanta Project, Refunding Series 2018B                                    | National Finance Authority, New Hampshire, Resource Recovery Revenue Bonds, Covanta Project, Refunding Series 2018B                                    | CUSIP: 63607YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $448075.35    | 0.07%             | 2042-11-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Utah Housing Corporation, Single Family Mortgage Bonds, Series 2024C                                                                                   | Utah Housing Corporation, Single Family Mortgage Bonds, Series 2024C                                                                                   | CUSIP: 917437GS8<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1141170.67   | 0.18%             | 2049-01-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Buda, Texas, Special Assessment Revenue Bonds, Persimmon Public improvement District Major Improvement Area Project, Series 2025                       | Buda, Texas, Special Assessment Revenue Bonds, Persimmon Public improvement District Major Improvement Area Project, Series 2025                       | CUSIP: 118829AF7<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    500000 | PA      | $491800.60    | 0.08%             | 2055-09-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Savannah-Georgia Convention Center Authority, Convention Center Hotel Second Tier Revenue Bonds, Series 2025B                                          | Savannah-Georgia Convention Center Authority, Convention Center Hotel Second Tier Revenue Bonds, Series 2025B                                          | CUSIP: 804828AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1349886.58   | 0.21%             | 2050-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| UAB Medicine Finance Authority, Alabama, Revenue Bonds, Series 2017B-2                                                                                 | UAB Medicine Finance Authority, Alabama, Revenue Bonds, Series 2017B-2                                                                                 | CUSIP: 902562CJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506704.20    | 0.08%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                                      | North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                                      | CUSIP: 66176NAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002713.70   | 0.16%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc., Georgia, Gas Supply Revenue Bonds, Series 2022C                                                                          | Main Street Natural Gas Inc., Georgia, Gas Supply Revenue Bonds, Series 2022C                                                                          | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2751088.45   | 0.44%             | 2052-08-01      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2024B                                                | California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2024B                                                | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3167733.60   | 0.50%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Ysidro School District, San Diego County, California, General Obligation Bonds, 2020 Election Measure U, Series 2025C                              | San Ysidro School District, San Diego County, California, General Obligation Bonds, 2020 Election Measure U, Series 2025C                              | CUSIP: 799561PN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069758.50   | 0.17%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board, Tax Increment and Special District Revenue Bonds, Lakeport Village Project, Series 2025A                           | Missouri Development Finance Board, Tax Increment and Special District Revenue Bonds, Lakeport Village Project, Series 2025A                           | CUSIP: 606043AB3<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    775000 | PA      | $769110.39    | 0.12%             | 2045-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Griffin-Spalding County Hospital Authority, Georgia, Revenue Anticipation Certificates, Wellstar Health System Inc., Series 2017A                      | Griffin-Spalding County Hospital Authority, Georgia, Revenue Anticipation Certificates, Wellstar Health System Inc., Series 2017A                      | CUSIP: 398258AW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957944.40    | 0.15%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Hotel Development Financing Corporation, Hotel Revenue Bonds Frenchmana??s Reef Hotel Acquisition Project, Senior Lien Series 2025A-1   | Virgin Islands Hotel Development Financing Corporation, Hotel Revenue Bonds Frenchmanas Reef Hotel Acquisition Project, Senior Lien Series 2025A-1     | CUSIP: 92766AAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2368795.20   | 0.38%             | 2045-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corporation, New York, Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Class F Series 2024                     | New York City Housing Development Corporation, New York, Multi-Family Mortgage Revenue Bonds, 8 Spruce Street, Class F Series 2024                     | CUSIP: 64966TGX6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    410000 | PA      | $425008.05    | 0.07%             | 2031-12-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| National Finance Authority, New Hampshire, Special Revenue Bonds, Wildflower Project, Denton County, Texas, Capital Appreciation Series 2025           | National Finance Authority, New Hampshire, Special Revenue Bonds, Wildflower Project, Denton County, Texas, Capital Appreciation Series 2025           | CUSIP: 63608TAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    283000 | PA      | $171339.10    | 0.03%             | 2033-12-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | CUSIP: 162409AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1287456.55   | 0.20%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority, Revenue Bonds, Frenchman's Reef Hotel Development Hotel Occupancy Series 2024A                                | Virgin Islands Public Finance Authority, Revenue Bonds, Frenchman's Reef Hotel Development Hotel Occupancy Series 2024A                                | CUSIP: 927677AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251059.50   | 0.20%             | 2053-04-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1733888.46   | 0.28%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Belford North Metropolitan District, Douglas County, Colorado, General Obligation Limited Tax Bonds, Series 2020A                                      | Belford North Metropolitan District, Douglas County, Colorado, General Obligation Limited Tax Bonds, Series 2020A                                      | CUSIP: 077690AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1554154.79   | 0.25%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Coconino County Industrial Development Authority, Arizona, Education Revenue Bonds, Flagstaff Arts & Leadership Academy Project, Refunding Series 2020 | Coconino County Industrial Development Authority, Arizona, Education Revenue Bonds, Flagstaff Arts & Leadership Academy Project, Refunding Series 2020 | CUSIP: 191801AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1020491.46   | 0.16%             | 2040-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | CUSIP: 5445875S3<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2233006.89   | 0.35%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2019                       | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2019                       | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $566311.29    | 0.09%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Dayton-Montgomery County Port Authority, Ohio, Development Revenue Bonds, Dayton Regional Stem Schools Inc. Project, Series 2024                       | Dayton-Montgomery County Port Authority, Ohio, Development Revenue Bonds, Dayton Regional Stem Schools Inc. Project, Series 2024                       | CUSIP: 23981MBE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $557612.17    | 0.09%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin State, General Obligation Bonds, Series 2026A                                                                                                | Wisconsin State, General Obligation Bonds, Series 2026A                                                                                                | CUSIP: 97705MW35<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1167609.40   | 0.19%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | California State, General Obligation Bonds, Various Purpose Series 2025                                                                                | CUSIP: 13063ENA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1203587.79   | 0.19%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority, Healthcare Revenue Bonds, Pella Regional Health Center, Series 2025                                                            | Iowa Finance Authority, Healthcare Revenue Bonds, Pella Regional Health Center, Series 2025                                                            | CUSIP: 462466GL1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555296.75   | 0.25%             | 2055-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Lutheran Home and Services, Series 2019A                                                                    | Illinois Finance Authority, Revenue Bonds, Lutheran Home and Services, Series 2019A                                                                    | CUSIP: 45204E6F0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    875000 | PA      | $605937.50    | 0.10%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Water System Revenue Bonds, Series 2025C                                                        | Los Angeles Department of Water and Power, California, Water System Revenue Bonds, Series 2025C                                                        | CUSIP: 5445252Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $666324.47    | 0.11%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Educational Facility Revenue Bonds, LEAD Academy Project, Series 2021                                           | Public Finance Authority of Wisconsin, Educational Facility Revenue Bonds, LEAD Academy Project, Series 2021                                           | CUSIP: 74443DGF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $740071.90    | 0.12%             | 2051-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2021A      | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2021A      | CUSIP: 708686ER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $130.00       | 0.00%             | 2031-12-01      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Camping World Stadium, Series 2025                                          | CUSIP: 686432BX2<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |    900000 | PA      | $972558.72    | 0.15%             | 2045-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Detroit City & General Retirement System Service Corporation, Michigan, Certificates of Participation, Taxable Series 2005A                            | Detroit City & General Retirement System Service Corporation, Michigan, Certificates of Participation, Taxable Series 2005A                            | CUSIP: 25113PAM7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   2884160 | PA      | $3147339.85   | 0.50%             | 2026-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| West Indian Company Limited, Virgin Island, Port Facilities Revenue Bonds, WICO Financing, Series 2022A                                                | West Indian Company Limited, Virgin Islands, Port Facilities Revenue Bonds WICO Financing Series 2022A                                                 | CUSIP: 953352AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966588.20    | 0.15%             | 2042-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Brooks Academies, Series 2021A                                         | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Brooks Academies, Series 2021A                                         | CUSIP: 041806F70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1143556.44   | 0.18%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City and County, California, Multifamily Housing Revenue Bonds, Sunnydale Hope SF Block 9, Series 2025B-1                                | San Francisco City and County, California, Multifamily Housing Revenue Bonds, Sunnydale Hope SF Block 9, Series 2025B-1                                | CUSIP: 79765PEF6<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1059230.29   | 0.17%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2023A                | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2023A                | CUSIP: 34061UMA3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080404.80   | 0.17%             | 2038-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1117147 | PA      | $1099023.19   | 0.17%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Green Series 2020     | Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Green Series 2020     | CUSIP: 439241AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2592469.20   | 0.41%             | 2050-11-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | CUSIP: 2084186U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $981303.24    | 0.16%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pioneer Community Authority Board (Weld County, Colorado), Special Revenue Bonds, Series 2022                                                          | Pioneer Community Authority Board (Weld County, Colorado), Special Revenue Bonds, Series 2022                                                          | CUSIP: 72364TAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6965000 | PA      | $6880309.78   | 1.09%             | 2034-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| .Ohio County Commission, West Virginia, Tax Increment Revenue Bonds, The Highlands Project, Refunding & Improvement Series 2024                        | .Ohio County Commission, West Virginia, Tax Increment Revenue Bonds, The Highlands Project, Refunding & Improvement Series 2024                        | CUSIP: 677321BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $687636.60    | 0.11%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Economic Development Certificates, Gulch Enterprise Zone Project, Convertible Capital Appreciation Series 2024 | Atlanta Development Authority, Georgia, Economic Development Certificates, Gulch Enterprise Zone Project, Convertible Capital Appreciation Series 2024 | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1531946.16   | 0.24%             | 2048-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc., Series 2025                                                            | Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc., Series 2025                                                            | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1161895.80   | 0.18%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Redtail Ridge Metropolitan District, City of Louisville, Boulder County, Colorado, General Obligation Limited Tax Capital Appreciation Turbo Bonds, Se | Redtail Ridge Metropolitan District, City of Louisville, Boulder County, Colorado, General Obligation Limited Tax Capital Appreciation Turbo Bonds, Se | CUSIP: 75773CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $637389.50    | 0.10%             | 2032-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Public Hospital District, Florida, Hospital Revenue Bonds, Sarasota Memorial Hospital Project, Series 2018                             | Sarasota County Public Hospital District, Florida, Hospital Revenue Bonds, Sarasota Memorial Hospital Project, Series 2018                             | CUSIP: 803301DJ6<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025172.00   | 0.16%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Health System Revenue Bonds, Erlanger Health Series 2024                        | CUSIP: 162409AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1521149.29   | 0.24%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RM8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1580549.86   | 0.25%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority, Senior Living Revenue Bonds, The James, Senior Series 2024A                                                       | California Public Finance Authority, Senior Living Revenue Bonds, The James, Senior Series 2024A                                                       | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $262965.07    | 0.04%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2025-148A                                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Social Series 2025-148A                                                     | CUSIP: 70879QN82<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2532584.98   | 0.40%             | 2055-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Froedtert Health, Inc. Obligated Group, Series 2017A                  | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Froedtert Health, Inc. Obligated Group, Series 2017A                  | CUSIP: 97712DVZ6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2503316.25   | 0.40%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency, Revenue Bonds, Smith College, Series 2025                                                                    | Massachusetts Development Finance Agency, Revenue Bonds, Smith College, Series 2025                                                                    | CUSIP: 57585BFD5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    980000 | PA      | $958476.46    | 0.15%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio County Commission, West Virginia, Special District Excise Tax Revenue Bonds, Fort Henry Economic Opportunity Development District-the Highlands P | Ohio County Commission, West Virginia, Special District Excise Tax Revenue Bonds, Fort Henry Economic Opportunity Development District-the Highlands P | CUSIP: 67732PEZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $457318.59    | 0.07%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | Los Angeles Municipal Improvement Corporation, California, Lease Revenue Bonds, Convention Center, Series 2025A                                        | CUSIP: 5445875U8<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2639101.95   | 0.42%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mirada Community Development District, Florida, Capital Improvement Bonds,  Assessment Area 3 Series 2024                                              | Mirada Community Development District, Florida, Capital Improvement Bonds,  Assessment Area 3 Series 2024                                              | CUSIP: 60463TAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96891.55     | 0.02%             | 2031-05-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds, School Building Series 2026                                    | CUSIP: 2084186W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1094985.50   | 0.17%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Director of Nevada State Department of Business and Industry, Revenue Bonds, Brightline West Passenger Rail Project, Senior Subordinated Secured Serie | Director of Nevada State Department of Business and Industry, Revenue Bonds, Brightline West Passenger Rail Project, Senior Subordinated Secured Serie | CUSIP: 25457VBV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1301250.00   | 0.21%             | 2065-01-01      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | El Paso Independent School District, El Paso County, Texas, General Obligation Bonds, Refunding Series 2026A                                           | CUSIP: 283770PV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $646500.54    | 0.10%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority, Sales Tax Revenue Bonds, Refunding Series 2024                                                                                 | Utah Transit Authority, Sales Tax Revenue Bonds, Refunding Series 2024                                                                                 | CUSIP: 917567HM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2310175.54   | 0.37%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, September Series 2025E                                                                                       | Illinois State, General Obligation Bonds, September Series 2025E                                                                                       | CUSIP: 452153PE3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4178274.40   | 0.66%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority, Charter School Lease Revenue Bonds, California Crosspoint Academy Project, Series 2020A                           | California Public Finance Authority, Charter School Lease Revenue Bonds, California Crosspoint Academy Project, Series 2020A                           | CUSIP: 13057KAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4289769.50   | 0.68%             | 2055-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2026A                                               | Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Subordinate Lien Series 2026A                                               | CUSIP: 68607DXP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $275097.30    | 0.04%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission, Retirement Facilities First Mortgage Revenue Bonds, The Forest at Duke, Inc., Series 2021                      | North Carolina Medical Care Commission, Retirement Facilities First Mortgage Revenue Bonds, The Forest at Duke, Inc., Series 2021                      | CUSIP: 65820YSL1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    370000 | PA      | $318772.50    | 0.05%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mirada Community Development District, Florida, Capital Improvement Bonds,  Assessment Area 3 Series 2024                                              | Mirada Community Development District, Florida, Capital Improvement Bonds,  Assessment Area 3 Series 2024                                              | CUSIP: 60463TAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $238458.42    | 0.04%             | 2044-05-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Velocity Metropolitan District 5, In the City of Aurora, Colorado, Limited Tax General Obligation Bonds, Series 2020A-1                                | Velocity Metropolitan District 5, In the City of Aurora, Colorado, Limited Tax General Obligation Bonds, Series 2020A-1                                | CUSIP: 92259JAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9669557.00   | 1.53%             | 2050-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation Program Bonds, Series 2025AA                                                            | New Jersey Transportation Trust Fund Authority, Transportation Program Bonds, Series 2025AA                                                            | CUSIP: 64613CHQ4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $3039785.08   | 0.48%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oakland, California, General Obligation Bonds, Refunding Series 2025                                                                                   | Oakland, California, General Obligation Bonds, Refunding Series 2025                                                                                   | CUSIP: 672240B72<br>LEI: 549300BRTTFKDQCGL048 | Long             | DBT              | MUN               | US        |    465000 | PA      | $540204.59    | 0.09%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency, Multifamily Housing Revenue Bonds, Silver Birch of Mansfield Project, Series 2024                                         | Ohio Housing Finance Agency, Multifamily Housing Revenue Bonds, Silver Birch of Mansfield Project, Series 2024                                         | CUSIP: 676900XJ7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252766.38    | 0.04%             | 2045-01-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2025D                                                        | CUSIP: 544532RL0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1419791.36   | 0.23%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University Project, Refunding Series 2024                       | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University Project, Refunding Series 2024                       | CUSIP: 419800PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500172.60    | 0.08%             | 2039-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Dawson Trails Metropolitan District 1, Colorado, In The Town of Castle Rock, Limited Tax General Obligation Capital Appreciation Turbo Bonds, Series 2 | Dawson Trails Metropolitan District 1, Colorado, In The Town of Castle Rock, Limited Tax General Obligation Capital Appreciation Turbo Bonds, Series 2 | CUSIP: 23945PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2277830 | PA      | $1471565.19   | 0.23%             | 2031-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Wisconsin, Toll Revenue Bonds, Georgia SR 400 Express Lanes Project, Senior Lien Series 2025                                 | Public Finance Authority, Wisconsin, Toll Revenue Bonds, Georgia SR 400 Express Lanes Project, Senior Lien Series 2025                                 | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3435837.46   | 0.55%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Refunding Series 2025                 | Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Refunding Series 2025                 | CUSIP: 593237GJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536338.05    | 0.09%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gary Local Public Improvement Bond Bank, Indiana, Economic Development Revenue Bonds, Drexel Foundation for Educational Excellence Project, Refunding  | Gary Local Public Improvement Bond Bank, Indiana, Economic Development Revenue Bonds, Drexel Foundation for Educational Excellence Project, Refunding  | CUSIP: 366761AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1264628.94   | 0.20%             | 2055-06-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2      | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1643554.42   | 0.26%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte, North Carolina, Storm Water Fee Revenue Bonds, Refunding Series 2024                                                                        | Charlotte, North Carolina, Storm Water Fee Revenue Bonds, Refunding Series 2024                                                                        | CUSIP: 16104PHP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $551625.56    | 0.09%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton County, Texas, Special Assessment Revenue Bonds, Green Meadows Public Improvement District, Improvement Area 1 Project, Series 2025             | Denton County, Texas, Special Assessment Revenue Bonds, Green Meadows Public Improvement District, Improvement Area 1 Project, Series 2025             | CUSIP: 24880GAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $222121.42    | 0.04%             | 2045-12-31      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Detroit Regional Convention Authority, Michigan, Special Tax Revenue Bonds, Refunding Series 2024C                                                     | Detroit Regional Convention Authority, Michigan, Special Tax Revenue Bonds, Refunding Series 2024C                                                     | CUSIP: 251220AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $922265.71    | 0.15%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Wisconsin Revenue Note, KDC Agribusiness LLC Project, Series 2022B                                              | Public Finance Authority of Wisconsin, Wisconsin Revenue Note, KDC Agribusiness LLC Project, Series 2022B                                              | CUSIP: 74442PYN9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $10.00        | 0.00%             | 2026-12-31      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2026A                                                       | CUSIP: 91514APH2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    785000 | PA      | $874354.12    | 0.14%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Globeville Metropolitan District 1, Denver, Colorado, General Obligation Limited Tax Bonds, Series 2024A-2                                        | West Globeville Metropolitan District 1, Denver, Colorado, General Obligation Limited Tax Bonds, Series 2024A-2                                        | CUSIP: 952866AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1440288.30   | 0.23%             | 2054-12-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Public Lighting Authority Refunding Local Project, Refunding Series 2025A     | Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Public Lighting Authority Refunding Local Project, Refunding Series 2025A     | CUSIP: 59447UAW0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    690000 | PA      | $753512.91    | 0.12%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2020                               | Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2020                               | CUSIP: 455054BD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3516549.38   | 0.56%             | 2039-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Oakland, California, General Obligation Bonds, Measure U Series 2025B-1                                                                                | Oakland, California, General Obligation Bonds, Measure U Series 2025B-1                                                                                | CUSIP: 672240D21<br>LEI: 549300BRTTFKDQCGL048 | Long             | DBT              | MUN               | US        |    885000 | PA      | $927334.86    | 0.15%             | 2050-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019                                                     | Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019                                                     | CUSIP: 69578NAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1108750.13   | 0.18%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Silverstone Metropolitan District 3, Weld County, Colorado, General Obligation and Special Revenue Bonds, Limited Tax Series 2023                      | Silverstone Metropolitan District 3, Weld County, Colorado, General Obligation and Special Revenue Bonds, Limited Tax Series 2023                      | CUSIP: 82846KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2320000 | PA      | $2366634.32   | 0.38%             | 2045-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2025D                                                | California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2025D                                                | CUSIP: 13013JGR1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5262088.00   | 0.84%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District 5, Lone Tree, Douglas County, Colorado, Limited Tax Supported and Special Revenue Bonds, Series 2021               | Rampart Range Metropolitan District 5, Lone Tree, Douglas County, Colorado, Limited Tax Supported and Special Revenue Bonds, Series 2021               | CUSIP: 75157WAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1807387.60   | 0.29%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project, Nebraska, Gas Project Revenue Bonds, Project 5, Series 2022-1                                                           | Central Plains Energy Project, Nebraska, Gas Project Revenue Bonds, Project 5, Series 2022-1                                                           | CUSIP: 154871CU9<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3944923.88   | 0.63%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8055000 | PA      | $8379192.81   | 1.33%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2805000 | PA      | $2979463.99   | 0.47%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority, Revenue Bonds, Lifespace Communities, Inc., Series 2024A                                                                       | Iowa Finance Authority, Revenue Bonds, Lifespace Communities, Inc., Series 2024A                                                                       | CUSIP: 46247SFS8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63152.51     | 0.01%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund, Limited Obligation Revenue Bonds, I-75 Improvement Project, Series 2018                                                       | Michigan Strategic Fund, Limited Obligation Revenue Bonds, I-75 Improvement Project, Series 2018                                                       | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1728127.86   | 0.27%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property and Buildings Commission, Revenue Bonds, Project 133, Series 2025A                                                             | Kentucky State Property and Buildings Commission, Revenue Bonds, Project 133, Series 2025A                                                             | CUSIP: 49151F6R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1673415.61   | 0.27%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District, Florida, Special Assessment Revenue Bonds, Southeast Project, Series 2025                                         | Lakewood Ranch Stewardship District, Florida, Special Assessment Revenue Bonds, Southeast Project, Series 2025                                         | CUSIP: 51265KGG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $462603.04    | 0.07%             | 2045-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Michigan Hospital Finance Authority, Hospital Revenue Bonds, Corewell Health, Series 2025A                                                             | Michigan Hospital Finance Authority, Hospital Revenue Bonds, Corewell Health, Series 2025A                                                             | CUSIP: 59465HXD3<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567272.45   | 0.25%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority, Revenue Bonds, Cooperative District Energy Supply Series 2024A                                                             | Southeast Energy Authority, Alabama, A Cooperative District Energy Supply Revenue Bonds Series 2024A                                                   | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7457914.80   | 1.18%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mayberry Community Authority, Colorado Springs, El Paso County, Colorado, Special Revenue Bonds, Series 2021A                                          | Mayberry Community Authority, Colorado Springs, El Paso County, Colorado, Special Revenue Bonds, Series 2021A                                          | CUSIP: 57788CAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $444087.20    | 0.07%             | 2051-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2025A                                                          | CUSIP: 93978HF26<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088330.40   | 0.17%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

**Name of Applicant:** Nuveen Dynamic Municipal Opportunities Fund

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting