# EDGAR Filing Document

**Accession Number:** 0001141819
**File Stem:** 0000894189-26-012157
**Filing Date:** 2026-4
**Character Count:** 100939
**Document Hash:** 5c28cfa23f01b7b751de30468de8188b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-012157.hdr.sgml**: 20260416

**ACCESSION NUMBER**: 0000894189-26-012157

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260416

**DATE AS OF CHANGE**: 20260416

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUST FOR PROFESSIONAL MANAGERS
- **CENTRAL INDEX KEY:** 0001141819

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10401
- **FILM NUMBER:** 26866323

**BUSINESS ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4147655067

**MAIL ADDRESS:**
- **STREET 1:** U.S. BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN ST 2ND FLOOR
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZODIAC TRUST
- **DATE OF NAME CHANGE:** 20010601

## Series and Classes Contracts Data

### Performance Trust Municipal Bond Fund (Series ID: S000033197)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000102162 | Performance Trust Municipal Bond Fund - Institutional Class | PTIMX           |
| C000102163 | Performance Trust Municipal Bond Fund - Class A             | PTRMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Trust for Professional Managers

- **b. Investment Company Act file number:** 811-10401

- **c. CIK number of Registrant:** 0001141819

- **d. LEI of Registrant:** 549300O1N816L3GGRD45

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 513-520-5925

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

- **a. Name of Series:** Performance Trust Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000033197

- **c. LEI of Series:** 254900GLOAFEA5EN5O30

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $777408148.07

**Total Liabilities:** $12795213.58

**Net Assets:** $764612934.49

**Delayed Delivery Securities:** $12436165.35

**Cash Not Reported:** $1193215.70

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1112.984904000000 | **1-Year:** 6064.904273000000 | **5-Year:** 169045.007456000000 | **10-Year:** 418642.279555000000 | **30-Year:** 71700.543292000000

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

- **3-Month:** 1800.672407000000 | **1-Year:** 3089.850781000000 | **5-Year:** 631.391730000000 | **10-Year:** 13574.254651000000 | **30-Year:** 1324.641442000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000102162 | 0.02%                | 0.91%                | 1.64%                |
| Class ID C000102163 | 0.03%                | 0.89%                | 1.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $183606.61               | $-2152603.13                               |
| Month 2  | $1310814.36              | $2961191.71                                |
| Month 3  | $1172295.74              | $8660717.62                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BAY CNTY FL SCH BRD COPS       | Bay County School Board                                                 | CUSIP: 072231GK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1741329.45   | 0.23%             | 2041-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                          | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3487707.81   | 0.46%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CAMPBELL CA UNION SCH DIST     | Campbell Union School District                                          | CUSIP: 134141ZK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $2995819.95   | 0.39%             | 2039-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                 | CUSIP: 23503CEF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4323426.20   | 0.57%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE | District of Columbia Income Tax Revenue                                 | CUSIP: 25477GUV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6080000 | PA      | $6595832.06   | 0.86%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOPE CA ELEM SCH DIST          | Hope Elementary School District                                         | CUSIP: 439413EK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $649250.11    | 0.08%             | 2040-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1473389 | PA      | $1476342.54   | 0.19%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA CMNTY CLG DIST    | San Diego Community College District                                    | CUSIP: 797272KA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8525000 | PA      | $5498815.11   | 0.72%             | 2039-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA TOBACCO SETTLEMEN | City of San Diego Tobacco Settlement Revenue Funding Corp               | CUSIP: 797330AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $562122.81    | 0.07%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST     | San Diego Unified School District/CA                                    | CUSIP: 797355Q56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3565000 | PA      | $3938729.29   | 0.52%             | 2041-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF NORTH CAROLINA AT CHAP | University of North Carolina at Chapel Hill                             | CUSIP: 914714CZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6222945.30   | 0.81%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                     | CUSIP: 93974FGJ6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8662595.20   | 1.13%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                             | CUSIP: 939783Z82<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1255091.88   | 0.16%             | 2033-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALABAMA FEDERAL AID HIGHWAY FI | Alabama Federal Aid Highway Finance Authority                           | CUSIP: 010268DT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2035116.95   | 0.27%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX INDEP SCH DIST       | Austin Independent School District                                      | CUSIP: 052430XV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2549955.83   | 0.33%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVON IN CMNTY SCH BLDG CORP    | Avon Community School Building Corp                                     | CUSIP: 054071PD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2886783.01   | 0.38%             | 2040-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ADAMS & ARAPAHOE CNTYS CO JT S | Adams & Arapahoe Counties Joint School District 28J Aurora              | CUSIP: 0054824S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3305000 | PA      | $3918734.20   | 0.51%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ADAMS & ARAPAHOE CNTYS CO JT S | Adams & Arapahoe Counties Joint School District 28J Aurora              | CUSIP: 0054824T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3952628.89   | 0.52%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALASKA ST RAILROAD CORP CRUISE | Alaska Railroad Corp                                                    | CUSIP: 01176AAA1<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    265000 | PA      | $280210.23    | 0.04%             | 2028-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAY CNTY FL SCH BRD COPS       | Bay County School Board                                                 | CUSIP: 072231GL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1455685.02   | 0.19%             | 2042-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                  | CUSIP: 13048VVC9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    570000 | PA      | $565439.43    | 0.07%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CASS CNTY ND JT WTR RESOURCE D | Cass County Joint Water Resource District                               | CUSIP: 14805PBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001180.50   | 0.39%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK CO SCH DIST #5    | Arapahoe County School District No 5 Cherry Creek                       | CUSIP: 164555ET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7650000 | PA      | $8622419.81   | 1.13%             | 2046-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                    | CUSIP: 1675934Q2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7944174.45   | 1.04%             | 2044-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV WTR RECLAMATION  | Clark County Water Reclamation District                                 | CUSIP: 181070FV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4407976.00   | 0.58%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLONY TX LOCAL DEV CORP SALES | Colony Local Development Corp                                           | CUSIP: 19625ABJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700568.47    | 0.09%             | 2033-10-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OH REGL ARPT AUTH REV | Columbus Regional Airport Authority                                     | CUSIP: 199546CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2224656.20   | 0.29%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority             | CUSIP: 20775DZM7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    570000 | PA      | $658747.97    | 0.09%             | 2030-09-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| COPPELL TX INDEP SCH DIST      | Coppell Independent School District                                     | CUSIP: 2174894Z3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013049.70   | 0.13%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMERCE GA SCH DIST           | Commerce School District                                                | CUSIP: 200635BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $480678.12    | 0.06%             | 2043-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R | State of Connecticut Special Tax Revenue                                | CUSIP: 2077582B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2237129.00   | 0.29%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEL VALLE TX INDEP SCH DIST    | Del Valle Independent School District TX                                | CUSIP: 245505YR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1421763.77   | 0.19%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIRECTOR OF THE ST OF NEVADA D | State of Nevada Department of Business & Industry                       | CUSIP: 25457VBV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $1169099.99   | 0.15%             | 2065-01-01      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| DU PAGE COOK & WILL CNTYS IL C | Du Page Cook & Will Counties Community College District No 502          | CUSIP: 262615KV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006974.00   | 0.13%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML09 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 30319NAA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  37617368 | PA      | $3983303.10   | 0.52%             | 2040-02-25      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| ALABAMA ST HIGHWAY AUTH SPL OB | Alabama Highway Authority                                               | CUSIP: 010559AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110970.30   | 0.15%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA SAN AUTH     | Allegheny County Sanitary Authority                                     | CUSIP: 017357N67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6835000 | PA      | $7483307.27   | 0.98%             | 2047-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                       | CUSIP: 13033DAF2<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  47001670 | PA      | $1902627.61   | 0.25%             | 2035-11-20      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK CO SCH DIST #5    | Arapahoe County School District No 5 Cherry Creek                       | CUSIP: 164555EU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2791003.50   | 0.37%             | 2047-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLARK-PLEASANT IN CMNTY SCH BL | Clark-Pleasant Community School Building Corp                           | CUSIP: 181503GP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2848005.94   | 0.37%             | 2042-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONYERS GA TAX ALLOCATION      | City of Conyers GA                                                      | CUSIP: 21288AAA4<br>LEI: 549300WNDBTR12BDTR82 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1060949.45   | 0.14%             | 2031-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CROWN POINT IN MULTI-SCH BLDGC | Crown Point Multi School Building Corp                                  | CUSIP: 228485LP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1187036.35   | 0.16%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  78984731 | PA      | $4281762.26   | 0.56%             | 2036-07-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| FORT LAUDERDALE FL WTR & SWR R | City of Fort Lauderdale FL Water & Sewer Revenue                        | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4115000 | PA      | $4545629.81   | 0.59%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                 | CUSIP: 23503CGF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $3048657.71   | 0.40%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                   | CUSIP: 452252QX0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4855211.11   | 0.63%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                   | CUSIP: 452252QY8<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2273883.01   | 0.30%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INLAND EMPIRE CA TOBACCO SECUR | Inland Empire Tobacco Securitization Corp                               | CUSIP: 45734TAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5290000 | PA      | $5166001.34   | 0.68%             | 2038-06-01      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| JACKSON CNTY MO REORG SCH DIST | Jackson County School District No R-IV Blue Springs                     | CUSIP: 467486YQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3790656.01   | 0.50%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JACKSON CNTY MO REORG SCH DIST | Jackson County Reorganized School District No 7/MO                      | CUSIP: 467520YM8<br>LEI: 549300HKYX7HMV5CWZ34 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1764533.25   | 0.23%             | 2043-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TX SPL TAX REVENUE  | City of Fort Worth TX                                                   | CUSIP: 349507DT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2274271.26   | 0.30%             | 2042-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML10 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 35833JAE7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  61907941 | PA      | $6419234.42   | 0.84%             | 2038-06-25      | Variable      | 1.52%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML12 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 35833TAB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  25200472 | PA      | $2220413.57   | 0.29%             | 2041-07-25      | Variable      | 1.23%                 | No            |                  2 | On Loan: No      |
| GREENE CNTY MO REORG SCH DIST# | Republic School District No R-3                                         | CUSIP: 394532LN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $605058.65    | 0.08%             | 2044-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY OH HOSP FACS REV | County of Hamilton OH                                                   | CUSIP: 407272W25<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   6095000 | PA      | $6687597.96   | 0.87%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I | Indianapolis Local Public Improvement Bond Bank                         | CUSIP: 45528U7V7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |  10975000 | PA      | $12256532.09  | 1.60%             | 2048-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON & MIAMI CNTYS KS UNIF  | Johnson & Miami Counties Unified School District No 230 Spring Hills    | CUSIP: 478164LA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $992789.55    | 0.13%             | 2044-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPERTY & BLDGS C | Kentucky State Property & Building Commission                           | CUSIP: 49151F6R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2414503.25   | 0.32%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPERTY & BLDGS C | Kentucky State Property & Building Commission                           | CUSIP: 49151FY79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3240000 | PA      | $3759561.54   | 0.49%             | 2041-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LARIMER WELD & BOULDER CNTY CO | Larimer Weld & Boulder County School District R-2J Thompson             | CUSIP: 517210XV7<br>LEI: 549300S0MXGSC6YRX497 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $2162814.57   | 0.28%             | 2044-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL ARPT REVENUE       | County of Lee FL Airport Revenue                                        | CUSIP: 523470HU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $3008317.58   | 0.39%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL DEV AUTH HLTH | Lee County Industrial Development Authority/FL                          | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2065200.34   | 0.27%             | 2029-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LEMON GROVE CA SCH DIST        | Lemon Grove School District                                             | CUSIP: 525651DX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $646735.69    | 0.08%             | 2039-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T | Lower Colorado River Authority                                          | CUSIP: 54811BZS3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5425857.50   | 0.71%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                           | CUSIP: 57582R7D2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1517162.08   | 0.20%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG   | County of Miami-Dade FL                                                 | CUSIP: 59333NNL3<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $1342796.90   | 0.18%             | 2041-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIAMI FL                       | City of Miami FL                                                        | CUSIP: 59338CAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8669529.60   | 1.13%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NOBLESVILLE IN HIGH SCH BLDG C | Noblesville High School Building Corp                                   | CUSIP: 655158HM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1413547.37   | 0.18%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                  | CUSIP: 65820YTR7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601109.04    | 0.08%             | 2029-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PITTSBURG CALIF UNI SCH DIST   | Pittsburg Unified School District Financing Authority                   | CUSIP: 724586AZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1036701.27   | 0.14%             | 2042-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PLATTE CNTY MO REORG SCH DIST# | Platte County R-III School District                                     | CUSIP: 727717LF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $3157198.71   | 0.41%             | 2044-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                | CUSIP: 74442PL45<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1772000 | PA      | $1066510.45   | 0.14%             | 2034-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA CMNTY CLG DIST    | San Diego Community College District                                    | CUSIP: 797272KC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1086426.93   | 0.14%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST     | San Diego Unified School District/CA                                    | CUSIP: 797355N34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7870000 | PA      | $4586181.11   | 0.60%             | 2041-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SANTA BARBARA CA SECONDARY HIG | Santa Barbara Secondary High School District                            | CUSIP: 80131RAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6380000 | PA      | $3676203.85   | 0.48%             | 2040-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST       | Spring Independent School District                                      | CUSIP: 850001CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5600897.50   | 0.73%             | 2044-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TIPPECANOE CNTY IN SCH BLDG CO | Tippecanoe County School Building Corp                                  | CUSIP: 88786PHJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1815103.61   | 0.24%             | 2042-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                     | CUSIP: 93974EQ74<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2271065.52   | 0.30%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILDFLOWER IMPROV ASSN         | Wildflower Improvement Association                                      | CUSIP: 96812GAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1072334 | PA      | $1067931.64   | 0.14%             | 2031-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FRUITA CO HLTHCARE REVENUE     | City of Fruita CO Healthcare Revenue                                    | CUSIP: 359427AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $288486.98    | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HORRY CNTY SC LTD OBLIG        | County of Horry SC                                                      | CUSIP: 440671AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4282220.00   | 0.56%             | 2047-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IPS MULTI-SCH BLDG CORP IN     | IPS Multi-School Building Corp                                          | CUSIP: 46263RRM9<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1714259.69   | 0.22%             | 2042-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                    | State of Maryland                                                       | CUSIP: 574193PE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2505205.64   | 0.33%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                           | CUSIP: 57582TBT8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11225712.00  | 1.47%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                | CUSIP: 57585BRS9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3821543.95   | 0.50%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | Metropolitan Nashville Airport Authority/The                            | CUSIP: 592190ST0<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2392308.45   | 0.31%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG   | County of Miami-Dade FL                                                 | CUSIP: 59333NNM1<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $1155926.91   | 0.15%             | 2042-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                              | CUSIP: 59447TH97<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5295000 | PA      | $5120502.22   | 0.67%             | 2039-06-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| SPRINGFIELD MO SCH DIST #R-12  | Springfield School District No R-12                                     | CUSIP: 851035VX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $570009.65    | 0.07%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIV OF NORTH CAROLINA AT CHAP | University of North Carolina at Chapel Hill                             | CUSIP: 914714CY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8180000 | PA      | $9547453.05   | 1.25%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH RSD | Virginia Beach Development Authority                                    | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021383.00   | 0.26%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PUBLIC SCH AUTH SC | Virginia Public School Authority                                        | CUSIP: 92818HGU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1072671.24   | 0.14%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAKE CNTY NC LIMITED OBLIG     | County of Wake NC                                                       | CUSIP: 930876HA8<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |    575000 | PA      | $577660.12    | 0.08%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASATCH CNTY SCH DIST LOCAL BL | Wasatch County School District Local Building Authority                 | CUSIP: 936785AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7605000 | PA      | $8157102.47   | 1.07%             | 2047-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                     | CUSIP: 93974DWY0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    975000 | PA      | $986695.81    | 0.13%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL SCH DIST #114 MAN | Will County School District No 114 Manhattan                            | CUSIP: 968838KA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3765000 | PA      | $4105502.46   | 0.54%             | 2045-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX HOSP DIST CTFS  | Harris County Hospital District                                         | CUSIP: 41415UBW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2758893.00   | 0.36%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PLATA CNTY CO SCH DIST #9-R | Durango School District No 9-R                                          | CUSIP: 503768NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1413769.46   | 0.18%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAKESIDE CA UNION SCH DIST SAN | Lakeside Union School District/San Diego County                         | CUSIP: 512138DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4375000 | PA      | $2810823.75   | 0.37%             | 2039-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LARIMER WELD & BOULDER CNTY CO | Larimer Weld & Boulder County School District R-2J Thompson             | CUSIP: 517210XW5<br>LEI: 549300S0MXGSC6YRX497 | Long             | DBT              | MUN               | US        |   2635000 | PA      | $3059369.12   | 0.40%             | 2045-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T | Lower Colorado River Authority                                          | CUSIP: 54811BB83<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3249796.20   | 0.43%             | 2048-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MANHATTAN BEACH CA UNIF SCH DI | Manhattan Beach Unified School District                                 | CUSIP: 562785HX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $1285543.03   | 0.17%             | 2040-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST STADIUM AUTH REVEN | Maryland Stadium Authority                                              | CUSIP: 574296CR8<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   5775000 | PA      | $6309140.72   | 0.83%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | Metropolitan Washington Airports Authority Aviation Revenue             | CUSIP: 592647PA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4264360.50   | 0.56%             | 2043-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS | New Hampshire Business Finance Authority                                | CUSIP: 63607WAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  65390966 | PA      | $2686914.78   | 0.35%             | 2036-10-20      | Variable      | 0.69%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64972JNJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5633664.00   | 0.74%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                  | CUSIP: 65820YTS5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1092106.53   | 0.14%             | 2028-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                       | City of Omaha NE                                                        | CUSIP: 6817122Z7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1319539.12   | 0.17%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                | Commonwealth of Pennsylvania                                            | CUSIP: 70914P5X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4215830.91   | 0.55%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                        | CUSIP: 709225GF7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1142473.85   | 0.15%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                        | CUSIP: 709225GG5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1166745.51   | 0.15%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH EDU R | Industrial Development Authority of the City of Phoenix Arizona/The     | CUSIP: 71885FFC6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    650000 | PA      | $651927.64    | 0.09%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURG CALIF UNI SCH DIST   | Pittsburg Unified School District Financing Authority                   | CUSIP: 724586AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3095000 | PA      | $1748477.23   | 0.23%             | 2041-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FRETE 2019-ML06 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 30312CAD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  10228209 | PA      | $683039.81    | 0.09%             | 2037-06-25      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TX INDEP SCH DIST   | Fort Worth Independent School District                                  | CUSIP: 349461FC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1149668.42   | 0.15%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                        | CUSIP: 709225TR7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1847052.55   | 0.24%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R | State of Connecticut Special Tax Revenue                                | CUSIP: 207758ZM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5055000 | PA      | $5078807.53   | 0.66%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | City & County of Denver CO Airport System Revenue                       | CUSIP: 249182TK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6919719.22   | 0.90%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE | District of Columbia Income Tax Revenue                                 | CUSIP: 25477GTG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $916259.14    | 0.12%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund                              | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  40911827 | NS      | $40911827.30  | 5.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FISHERS TOWN HALL BLDG CORP IN | Fishers Town Hall Building Corp                                         | CUSIP: 338042EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2255432.00   | 0.29%             | 2043-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORT MYERS FL UTILITY REVENUE  | City of Fort Myers FL Utility System Revenue                            | CUSIP: 348172VW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5429352.50   | 0.71%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FOWLER CA UNIF SCH DIST        | Fowler Unified School District                                          | CUSIP: 351136HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4945000 | PA      | $5359561.11   | 0.70%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML10 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 35833JAG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  23133507 | PA      | $3190573.22   | 0.42%             | 2038-01-25      | Variable      | 2.06%                 | No            |                  2 | On Loan: No      |
| GREATER CLARK IN BLDG CORP     | Greater Clark Building Corp                                             | CUSIP: 39167GLR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1375105.64   | 0.18%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A | Greater Orlando Aviation Authority                                      | CUSIP: 392275EL3<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3305979.37   | 0.43%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREENE CNTY MO REORG SCH DIST# | Republic School District No R-3                                         | CUSIP: 394532LP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $598815.45    | 0.08%             | 2045-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JACKSON CNTY MO REORG SCH DIST | Jackson County School District No R-IV Blue Springs                     | CUSIP: 467486YN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3801637.71   | 0.50%             | 2042-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JOBSOHIO BEVERAGE SYS STWD LIQ | JobsOhio Beverage System                                                | CUSIP: 47770VCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1656874.95   | 0.22%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEPT OF TRANSPRTN HI | State of Kansas Department of Transportation                            | CUSIP: 485424UD5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   7325000 | PA      | $8219067.53   | 1.07%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPERTY & BLDGS C | Kentucky State Property & Building Commission                           | CUSIP: 49151FY87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $3031286.81   | 0.40%             | 2042-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LINDBERGH MO SCH DIST          | Lindbergh School District                                               | CUSIP: 535205NP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5753588.00   | 0.75%             | 2042-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MANHATTAN BEACH CA UNIF SCH DI | Manhattan Beach Unified School District                                 | CUSIP: 562785HY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $758815.87    | 0.10%             | 2041-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU | Massachusetts Clean Water Trust/The                                     | CUSIP: 575829QA7<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5490881.50   | 0.72%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | Metropolitan Nashville Airport Authority/The                            | CUSIP: 592190SS2<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2957796.88   | 0.39%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILLBRAE CA SCH DIST           | Millbrae School District                                                | CUSIP: 60012PCB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1124972.61   | 0.15%             | 2039-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                          | CUSIP: 646136WT4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $731888.92    | 0.10%             | 2038-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NOBLESVILLE IN HIGH SCH BLDG C | Noblesville High School Building Corp                                   | CUSIP: 655158HL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1466491.85   | 0.19%             | 2040-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                  | CUSIP: 65820YTA4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    585000 | PA      | $585385.92    | 0.08%             | 2028-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP DIS | City of Phoenix Civic Improvement Corp                                  | CUSIP: 71884WCT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1933386.43   | 0.25%             | 2042-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PLATTE CNTY MO REORG SCH DIST# | Platte County R-III School District                                     | CUSIP: 727717LG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2982690.12   | 0.39%             | 2045-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TX NAV DIST DOCK | Port of Beaumont Navigation District                                    | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503363.45   | 0.20%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ALASKA ST RAILROAD CORP CRUISE | Alaska Railroad Corp                                                    | CUSIP: 01176AAB9<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    285000 | PA      | $307297.15    | 0.04%             | 2029-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA               | District of Columbia                                                    | CUSIP: 25476FM21<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2759832.75   | 0.36%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRETE 2020-ML07 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 35833FAC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  14622298 | PA      | $1778510.11   | 0.23%             | 2036-10-25      | Variable      | 2.02%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A | Greater Orlando Aviation Authority                                      | CUSIP: 392275FE8<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   8390000 | PA      | $9338286.46   | 1.22%             | 2042-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JOHNSON & MIAMI CNTYS KS UNIF  | Johnson & Miami Counties Unified School District No 230 Spring Hills    | CUSIP: 478164KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1963212.74   | 0.26%             | 2042-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI ECON DEV CORP     | Kalamazoo Economic Development Corp                                     | CUSIP: 483228EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003418.30   | 0.13%             | 2031-08-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LAKESIDE CA UNION SCH DIST SAN | Lakeside Union School District/San Diego County                         | CUSIP: 512138DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4035000 | PA      | $2716382.98   | 0.36%             | 2038-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                | CUSIP: 63608TAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1899000 | PA      | $1899094.00   | 0.25%             | 2033-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7370000 | PA      | $8080588.87   | 1.06%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64972JAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $4009514.80   | 0.52%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST              | State of North Carolina                                                 | CUSIP: 6582565A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1596371.74   | 0.21%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLACENTIA-YORBA LINDA CA UNIF  | Placentia-Yorba Linda Unified School District                           | CUSIP: 725894KE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5325000 | PA      | $3031297.25   | 0.40%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PLATTE CNTY MO REORG SCH DIST# | Platte County R-III School District                                     | CUSIP: 727717LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2809087.70   | 0.37%             | 2043-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| S ISLAND SC PUBLIC SVC DIST WT | South Island Public Service District/SC                                 | CUSIP: 838466DN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3736398.69   | 0.49%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEMPE AZ INDL DEV AUTH REVENUE | Tempe Industrial Development Authority                                  | CUSIP: 87972MCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010749.20   | 0.26%             | 2030-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TIPPECANOE CNTY IN SCH BLDG CO | Tippecanoe County School Building Corp                                  | CUSIP: 88786PKC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1528779.31   | 0.20%             | 2041-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                             | CUSIP: 939783Y42<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005542.60   | 0.26%             | 2030-07-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WATAUGA NC PUBLIC FACS CORP    | Watauga Public Facilities Corp                                          | CUSIP: 94109SBS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1392366.53   | 0.18%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| W HARRIS CNTY TX REGL WTR AUTH | West Harris County Regional Water Authority                             | CUSIP: 95308RYX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5005821.60   | 0.65%             | 2042-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| POTTSBORO TX HGR EDU FIN CORP  | Pottsboro Higher Education Finance Corp                                 | CUSIP: 738222BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $611761.91    | 0.08%             | 2040-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| POWAY CA UNIF SCH DIST         | Poway Unified School District                                           | CUSIP: 738850RF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4955000 | PA      | $3035549.44   | 0.40%             | 2040-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| POWAY CA UNIF SCH DIST         | Poway Unified School District                                           | CUSIP: 738850RH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12165000 | PA      | $5047091.84   | 0.66%             | 2046-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                | CUSIP: 74442PL78<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2455000 | PA      | $1275490.59   | 0.17%             | 2037-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL | Rhode Island Health and Educational Building Corp                       | CUSIP: 762196X40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4284850.40   | 0.56%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROWLAND CA UNIF SCH DIST       | Rowland Unified School District                                         | CUSIP: 779631ER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5180000 | PA      | $3034821.10   | 0.40%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN BERNARDINO CA CMNTY CLG DI | San Bernardino Community College District                               | CUSIP: 796720GG9<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |  12665000 | PA      | $5889920.31   | 0.77%             | 2044-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp               | CUSIP: 87638QUD9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2197854.20   | 0.29%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority                                    | CUSIP: 89602HCP0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1056235.01   | 0.14%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES | Board of Regents of the University of Texas System                      | CUSIP: 91514APH2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133186.90   | 0.15%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                     | CUSIP: 93974EVV5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3496825.09   | 0.46%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                             | CUSIP: 93978TS67<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |  62688556 | PA      | $2324491.65   | 0.30%             | 2035-12-20      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| COMMERCE GA SCH DIST           | Commerce School District                                                | CUSIP: 200635BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $593785.60    | 0.08%             | 2044-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                 | State of Connecticut                                                    | CUSIP: 20772KB32<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1791142.56   | 0.23%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO SCH DIST | Denver City & County School District No 1                               | CUSIP: 249174ZE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14984275.80  | 1.96%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                    | CUSIP: 472682ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4373106.40   | 0.57%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JOLIET IL                      | City of Joliet IL                                                       | CUSIP: 479754NQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5633916.45   | 0.74%             | 2042-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JOLIET IL                      | City of Joliet IL                                                       | CUSIP: 479754NR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2959287.87   | 0.39%             | 2044-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | Kentucky Economic Development Finance Authority                         | CUSIP: 49126PFD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220034.69    | 0.03%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA PUBLIC HOSP DIST  | King County Public Hospital District No 4                               | CUSIP: 494796AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020140.60   | 0.13%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                             | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6548768.40   | 0.86%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                          | CUSIP: 646136WU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7905000 | PA      | $4799764.22   | 0.63%             | 2039-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO | New York State Dormitory Authority                                      | CUSIP: 64990FLC6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8348554.40   | 1.09%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                | CUSIP: 74442PD51<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    587319 | PA      | $588742.44    | 0.08%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                | CUSIP: 74442PXM2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1954598.80   | 0.26%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL | Rhode Island Health and Educational Building Corp                       | CUSIP: 762196X32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3698931.88   | 0.48%             | 2042-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKLAND CNTY NY SOL WST MGMT  | Rockland County Solid Waste Management Authority                        | CUSIP: 77356FAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2952669.72   | 0.39%             | 2049-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST     | San Diego Unified School District/CA                                    | CUSIP: 797355N26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7780000 | PA      | $4772649.56   | 0.62%             | 2040-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST     | San Diego Unified School District/CA                                    | CUSIP: 797355N59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4535000 | PA      | $2370005.97   | 0.31%             | 2043-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                       | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5775000 | PA      | $6258289.54   | 0.82%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| S ESTRN PA TRANSPRTN AUTH      | Southeastern Pennsylvania Transportation Authority                      | CUSIP: 842039FM6<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2869722.24   | 0.38%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp               | CUSIP: 87638QUE7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1359590.50   | 0.18%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRI-CREEK IN 2002 HIGH SCH BLD | Tri-Creek 2002 High School Building Corp                                | CUSIP: 89556GJD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4345000 | PA      | $4958397.99   | 0.65%             | 2040-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRIMBLE CNTY KY POLL CONTROL R | County of Trimble KY                                                    | CUSIP: 896224BA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3407551.35   | 0.45%             | 2044-09-01      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| VENICE FL                      | City of Venice FL                                                       | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $852254.12    | 0.11%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTRL PUGET SOUND WA REGL TRA | Central Puget Sound Regional Transit Authority                          | CUSIP: 155048DL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11578672.00  | 1.51%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLAY CNTY MO SCH DIST #R-II SM | Smithville R-II School District                                         | CUSIP: 183513FW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $1095982.88   | 0.14%             | 2043-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLAY CNTY MO SCH DIST #R-II SM | Smithville R-II School District                                         | CUSIP: 183513FX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2477321.21   | 0.32%             | 2044-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COACHELLA VLY CA UNIF SCH DIST | Coachella Valley Unified School District/CA                             | CUSIP: 189849GR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $542261.74    | 0.07%             | 2043-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML11 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 302610AD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        | 157112713 | PA      | $7414148.93   | 0.97%             | 2038-03-25      | Fixed         | 0.77%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                   | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1405214.18   | 0.18%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REVENUE    | Indiana Finance Authority                                               | CUSIP: 45506EPE7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004302.10   | 0.13%             | 2032-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 3137H9JQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  51380434 | PA      | $3494383.32   | 0.46%             | 2036-09-25      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| JACKSON CNTY MO REORG SCH DIST | Jackson County Reorganized School District No 7/MO                      | CUSIP: 467520YL0<br>LEI: 549300HKYX7HMV5CWZ34 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4645567.97   | 0.61%             | 2042-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON & MIAMI CNTYS KS UNIF  | Johnson & Miami Counties Unified School District No 230 Spring Hills    | CUSIP: 478164KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1884060.80   | 0.25%             | 2043-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAKE RIDGE IN MULTI-SCH BLDG C | Lake Ridge Multi-School Building Corp                                   | CUSIP: 510651BN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $2056420.78   | 0.27%             | 2040-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS VLY NV WTR DIST      | Las Vegas Valley Water District                                         | CUSIP: 517845UF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5455274.00   | 0.71%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEWISVILLE TX INDEP SCH DIST   | Lewisville Independent School District                                  | CUSIP: 52882PAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2026099.40   | 0.26%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                    | State of Maryland                                                       | CUSIP: 574193XM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2905026.34   | 0.38%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | Metropolitan Nashville Airport Authority/The                            | CUSIP: 592190RX2<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1377550.46   | 0.18%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG   | County of Miami-Dade FL                                                 | CUSIP: 59333NNK5<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2893184.50   | 0.38%             | 2040-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MOUNT SAN ANTONIO CA CMNTY CLG | Mt San Antonio Community College District                               | CUSIP: 623040FW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1680409.96   | 0.22%             | 2043-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                | CUSIP: 63608TAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004078.20   | 0.13%             | 2039-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                               | CUSIP: 645918Z71<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300781.05    | 0.04%             | 2027-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                             | CUSIP: 682001GZ9<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   8830000 | PA      | $9293038.14   | 1.22%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                        | CUSIP: 709225TS5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2481458.58   | 0.32%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TX INDL DEV AUTH | Port of Beaumont Industrial Development Authority                       | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2738726.10   | 0.36%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO HIGHWAY & TRANSPRT | Puerto Rico Highway & Transportation Authority                          | CUSIP: 745185BP2<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1395406.22   | 0.18%             | 2027-03-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX INDEP SCH DIST       | Austin Independent School District                                      | CUSIP: 052430XW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4758946.85   | 0.62%             | 2044-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVON IN CMNTY SCH BLDG CORP    | Avon Community School Building Corp                                     | CUSIP: 054071PE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2715000 | PA      | $3090686.77   | 0.40%             | 2041-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AVON IN CMNTY SCH BLDG CORP    | Avon Community School Building Corp                                     | CUSIP: 054071PF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4865000 | PA      | $5441839.16   | 0.71%             | 2043-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                       | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  39895922 | PA      | $1517640.88   | 0.20%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                       | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  24539036 | PA      | $1063767.23   | 0.14%             | 2036-08-20      | Variable      | 0.79%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG   | County of Miami-Dade FL                                                 | CUSIP: 59333NZ97<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $1972439.10   | 0.26%             | 2045-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                | CUSIP: 63608TAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1602915.04   | 0.21%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                          | CUSIP: 6461362S9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3077296.50   | 0.40%             | 2039-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN  | New York City Municipal Water Finance Authority                         | CUSIP: 64972GL28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $4262890.05   | 0.56%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST   | North East Independent School District/TX                               | CUSIP: 659155MB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1158591.84   | 0.15%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                             | CUSIP: 939783X35<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1135440.95   | 0.15%             | 2029-07-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily        | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 30309HAB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  43820167 | PA      | $594639.67    | 0.08%             | 2033-11-25      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML08 TRUST          | Freddie Mac Multifamily ML Certificates                                 | CUSIP: 30318LAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  33521395 | PA      | $3818422.14   | 0.50%             | 2037-07-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| FISHERS TOWN HALL BLDG CORP IN | Fishers Town Hall Building Corp                                         | CUSIP: 338042EE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1731088.50   | 0.23%             | 2040-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TX SPL TAX REVENUE  | City of Fort Worth TX                                                   | CUSIP: 349507DU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1705346.20   | 0.22%             | 2043-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| National Finance Authority     | New Hampshire Business Finance Authority                                | CUSIP: 63607WAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  58182420 | PA      | $2959157.88   | 0.39%             | 2038-01-20      | Variable      | 0.81%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                  | CUSIP: 65820YSZ0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250201.48    | 0.03%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OCEANSIDE CA UNIF SCH DIST     | Oceanside Unified School District/CA                                    | CUSIP: 675383JT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $339666.90    | 0.04%             | 2039-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP WTR | City of Phoenix Civic Improvement Corp                                  | CUSIP: 71883RQC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5324130.50   | 0.70%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1487622.75   | 0.19%             | 2034-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE | City of San Antonio TX Electric & Gas Systems Revenue                   | CUSIP: 79625GGQ0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3396688.18   | 0.44%             | 2042-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST     | San Diego Unified School District/CA                                    | CUSIP: 797355N75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2995000 | PA      | $1375267.16   | 0.18%             | 2045-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** Trust for Professional Managers

**Signature:** /s/ Kelly Strauss

**Name of Signer:** Kelly Strauss

**Title:** Treasurer