# EDGAR Filing Document

**Accession Number:** 0000932381
**File Stem:** 0000932381-25-000093
**Filing Date:** 2025-11
**Character Count:** 75196
**Document Hash:** 0df303f67326db8e9295926c659ca34c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000932381-25-000093.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0000932381-25-000093

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tributary Funds, Inc.
- **CENTRAL INDEX KEY:** 0000932381

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08846
- **FILM NUMBER:** 251497467

**BUSINESS ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197
- **BUSINESS PHONE:** 1-800-662-4203

**MAIL ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST FOCUS FUNDS INC
- **DATE OF NAME CHANGE:** 20010731

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST OMAHA FUNDS INC
- **DATE OF NAME CHANGE:** 19941103

## Series and Classes Contracts Data

### Tributary Nebraska Tax-Free Fund (Series ID: S000052300)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000164428 | Institutional Plus Class | FONPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRIBUTARY CAPITAL MANAGEMENT, LLC

- **b. Investment Company Act file number:** 811-08846

- **c. CIK number of Registrant:** 0000932381

- **d. LEI of Registrant:** 2549000T9YMVQWFGOI81

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

  - **Street Address 1:** 1620 DODGE STREET

  - **City:** OMAHA

  - **State:** NE

  - **Foreign country:** US

  - **Zip / Postal Code:** 68197

  - **Telephone number:** 800-662-4203

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

- **a. Name of Series:** TRIBUTARY NEBRASKA TAX-FREE FUND

- **b. EDGAR series identifier (if any):** S000052300

- **c. LEI of Series:** 254900FCXQMK7GBR9C40

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $52125050.38

**Total Liabilities:** $371680.13

**Net Assets:** $51753370.25

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 62.23150000 | **1-Year:** 187.10090000 | **5-Year:** 6649.98060000 | **10-Year:** 17222.39750000 | **30-Year:** 3613.35230000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000164428 | 0.11%                | 0.88%                | 1.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3414.33                | $-31926.98                                 |
| Month 2  | $-35.38                  | $316747.82                                 |
| Month 3  | $-8834.23                | $660826.72                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADAMS CNTY NE SCH DIST #18     | Adams County School District No. 18                                           | CUSIP: 006078EJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256318.00    | 0.50%             | 2033-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY NE SCH DIST #18     | Adams County School District No. 18                                           | CUSIP: 006078FZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $295004.28    | 0.57%             | 2027-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALAMO TX CMNTY CLG DIST        | Alamo Community College District                                              | CUSIP: 011415VE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316932.69    | 0.61%             | 2050-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALASKA ST MUNI BOND BANK AUTH  | Alaska Municipal Bond Bank Authority                                          | CUSIP: 01179R3L5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110866.28    | 0.21%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANSLEY NE                      | Village of Ansley NE                                                          | CUSIP: 036365BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105221.96    | 0.20%             | 2028-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ASHLAND NE                     | City of Ashland NE                                                            | CUSIP: 044403SV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $306179.77    | 0.59%             | 2034-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AURORA NE                      | City of Aurora NE                                                             | CUSIP: 051879JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202144.82    | 0.39%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEATRICE NE ECON DEV           | City of Beatrice NE                                                           | CUSIP: 074128AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302208.81    | 0.58%             | 2029-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BELLEVUE NE                    | City of Bellevue NE                                                           | CUSIP: 0792127Q3<br>LEI: 549300KRKQE0NF2MSP79 | Long             | DBT              | MUN               | US        |    350000 | PA      | $331358.06    | 0.64%             | 2030-09-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BELLEVUE NE                    | City of Bellevue NE                                                           | CUSIP: 079213AH7<br>LEI: 549300KRKQE0NF2MSP79 | Long             | DBT              | MUN               | US        |    140000 | PA      | $149636.20    | 0.29%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BETTENDORF IA                  | City of Bettendorf IA                                                         | CUSIP: 087672ED9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $228599.93    | 0.44%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                            | BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares              | CUSIP: 09248U718<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    400165 | NS      | $400164.91    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BOYS TOWN VLG NE REVENUE       | Village of Boys Town NE                                                       | CUSIP: 103627AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $403276.28    | 0.78%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROWN CNTY NE                  | County of Brown NE                                                            | CUSIP: 115403EH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45035.64     | 0.09%             | 2026-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BUFFALO CNTY NE SCH DIST #7    | Buffalo County School District No. 7                                          | CUSIP: 119475LJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $299196.39    | 0.58%             | 2025-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BURT CNTY NE PUBLIC PWR DIST   | Burt County Public Power District                                             | CUSIP: 122861NE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206243.22    | 0.40%             | 2034-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BURT CNTY NE SCH DIST #20      | Burton County School District No. 20                                          | CUSIP: 122873AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $270883.18    | 0.52%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUTLER CNTY NE                 | County of Butler NE                                                           | CUSIP: 123529GK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $373139.55    | 0.72%             | 2026-01-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| BUTLER NE PUBLIC PWR DIST ELEC | Butler Public Power District                                                  | CUSIP: 123825JC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $378471.60    | 0.73%             | 2027-08-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CALLAWAY NE                    | Village of Callaway NE                                                        | CUSIP: 131195AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199000.28    | 0.38%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CEDAR CNTY NE                  | County of Cedar NE                                                            | CUSIP: 150152BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277639.15    | 0.54%             | 2028-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G | Central Plains Energy Project                                                 | CUSIP: 154871CH8<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    350000 | PA      | $378742.18    | 0.73%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G | Central Plains Energy Project                                                 | CUSIP: 154871CJ4<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    285000 | PA      | $310136.12    | 0.60%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CERESCO NE                     | Village of Ceresco NE                                                         | CUSIP: 156908EF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $184324.36    | 0.36%             | 2032-12-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CHADRON NE                     | City of Chadron NE                                                            | CUSIP: 157285FC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $53027.18     | 0.10%             | 2026-12-15      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| CHADRON NE                     | City of Chadron NE                                                            | CUSIP: 157285FD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $112926.56    | 0.22%             | 2027-12-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| COLFAX CNTY NE SCH DIST #58    | Colfax County School District No. 58                                          | CUSIP: 19406PCL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213317.64    | 0.41%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS NE COMB REVENUE       | City of Columbus NE Combined Utilities System Revenue                         | CUSIP: 199437NM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $339124.99    | 0.66%             | 2032-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONROE TX INDEP SCH DIST       | Conroe Independent School District                                            | CUSIP: 2084185K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $318702.33    | 0.62%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CRETE NE                       | City of Crete NE                                                              | CUSIP: 226489ML3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130017.80    | 0.25%             | 2026-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CUMING CNTY NE PUBLIC PWR DIST | Cuming County Public Power District                                           | CUSIP: 23087RGA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $263713.35    | 0.51%             | 2025-12-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CUMING CNTY NE SCH DIST #20    | Cuming County School District No. 20                                          | CUSIP: 23088PCJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270536.98    | 0.52%             | 2035-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CUSTER CNTY NE SCH DIST #25    | Custer County School District No. 25                                          | CUSIP: 231795AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265602.78    | 0.51%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DANE CNTY WI                   | County of Dane WI                                                             | CUSIP: 236092EL2<br>LEI: 5493000I57K3U1SCHU17 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350822.85    | 0.68%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DAVID CITY NE                  | City of David City NE                                                         | CUSIP: 238554EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200022.26    | 0.39%             | 2027-12-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DAVID CITY NE ELEC REVENUE     | City of David City NE Electric Utility Revenue                                | CUSIP: 238556CF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131227.34    | 0.25%             | 2029-12-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO SCH DIST | Denver City & County School District No. 1                                    | CUSIP: 249174ZK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $436499.81    | 0.84%             | 2046-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIST ENERGY CORP NE FAC REVENU | District Energy Corp.                                                         | CUSIP: 254846FT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $326690.16    | 0.63%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE EDUCTNL FACS R | County of Douglas NE                                                          | CUSIP: 259226CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303547.95    | 0.59%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE EDUCTNL FACS R | County of Douglas NE                                                          | CUSIP: 259226CR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $443734.80    | 0.86%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE HOSP AUTH #2   | Douglas County Hospital Authority No. 2                                       | CUSIP: 259230MQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1153251.05   | 2.23%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE HOSP AUTH #2   | Douglas County Hospital Authority No. 2                                       | CUSIP: 259230NY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $323558.16    | 0.63%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No. 453                        | CUSIP: 25928NEL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $186312.64    | 0.36%             | 2031-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No. 464                        | CUSIP: 25928YAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $579982.83    | 1.12%             | 2033-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No. 484                        | CUSIP: 259290EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $254840.38    | 0.49%             | 2029-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291MR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $178778.61    | 0.35%             | 2032-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291MS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $613989.66    | 1.19%             | 2033-12-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291MY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $681225.65    | 1.32%             | 2039-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291PN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517330.30    | 1.00%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291QH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $786142.43    | 1.52%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291QS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $440266.47    | 0.85%             | 2041-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #1    | Omaha School District                                                         | CUSIP: 259291RK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $282397.90    | 0.55%             | 2034-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No. 491                        | CUSIP: 25929PDS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $260425.28    | 0.50%             | 2028-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No. 490                        | CUSIP: 25929XEU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $95771.05     | 0.19%             | 2028-08-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #10   | Douglas County School District No. 10                                         | CUSIP: 2593092N1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $277925.03    | 0.54%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #10   | Douglas County School District No. 10                                         | CUSIP: 2593093M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $280790.95    | 0.54%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #10   | Douglas County School District No. 10                                         | CUSIP: 259309T77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261864.85    | 0.51%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #17   | Douglas County School District No. 17                                         | CUSIP: 259327W42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200060.52    | 0.39%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #17   | Douglas County School District No. 17                                         | CUSIP: 259327Y65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $224174.10    | 0.43%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #59   | Douglas County School District No. 59                                         | CUSIP: 259353HK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $696213.08    | 1.35%             | 2035-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #59   | Douglas County School District No. 59                                         | CUSIP: 259353JV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350365.54    | 0.68%             | 2027-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #59   | Douglas County School District No. 59                                         | CUSIP: 259353LL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150032.51    | 0.29%             | 2028-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #59   | Douglas County School District No. 59                                         | CUSIP: 259353PG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253038.98    | 0.49%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SCH DIST #66   | Westside Community Schools                                                    | CUSIP: 259363WT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270199.73    | 0.52%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NE SAN & IMPT DIS | Douglas County Sanitary & Improvement District No. 583                        | CUSIP: 25938MDP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101236.09    | 0.20%             | 2036-08-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY CO COPS           | County of El Paso CO                                                          | CUSIP: 283365LY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $165871.50    | 0.32%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FALLS CITY NE                  | City of Falls City NE                                                         | CUSIP: 306581EC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $352950.08    | 0.68%             | 2030-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FALLS CITY NE                  | City of Falls City NE                                                         | CUSIP: 306581EJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250074.58    | 0.48%             | 2032-11-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FARGO ND                       | City of Fargo ND                                                              | CUSIP: 30747NCN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488435.65    | 0.94%             | 2034-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3132YARW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    528312 | PA      | $511711.20    | 0.99%             | 2029-04-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MF | Federal Home Loan Mortgage Corp.                                              | CUSIP: 31350ADQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    248766 | PA      | $255560.85    | 0.49%             | 2041-08-25      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS TH | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    198001 | PA      | $203200.24    | 0.39%             | 2040-10-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS TH | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3137HFP74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    193844 | PA      | $189225.66    | 0.37%             | 2041-05-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| N/A                            | Federal Home Loan Mortgage Corp.                                              | CUSIP: 3137HMC57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    199742 | PA      | $205698.52    | 0.40%             | 2042-07-25      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| FILLMORE CNTY NE SCH DIST #25  | Fillmore County School District No. 25                                        | CUSIP: 317162BK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $166894.82    | 0.32%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREMONT NE COMB UTILITY SYS RE | City of Fremont NE Combined Utility System Revenue                            | CUSIP: 357415MN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $344995.79    | 0.67%             | 2025-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FRETE 2021-ML12 TRUST          | Federal Home Loan Mortgage Corp.                                              | CUSIP: 35833TAA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    286994 | PA      | $239075.75    | 0.46%             | 2041-07-25      | Fixed         | 2.34%                 | Yes           |                  2 | On Loan: No      |
| GRAND ISLAND NE COMBINED UTILS | City of Grand Island NE Combined Utility System Revenue                       | CUSIP: 385630BE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52155.72     | 0.10%             | 2032-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND ISLAND NE COMBINED UTILS | City of Grand Island NE Combined Utility System Revenue                       | CUSIP: 385630BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $442637.49    | 0.86%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HALL CNTY NE SCH DIST #2 GRAND | Hall County School District No. 2                                             | CUSIP: 406036LM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $219869.92    | 0.42%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY NE              | County of Jefferson NE                                                        | CUSIP: 473260ER4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $124711.51    | 0.24%             | 2025-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO SPL OBLG        | City of Kansas City MO                                                        | CUSIP: 485106K98<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    225000 | PA      | $237869.84    | 0.46%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KBR NE RURAL PUBLIC PWR DIST E | KBR Rural Public Power District/NE                                            | CUSIP: 48666NLR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $156526.82    | 0.30%             | 2028-12-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| KEARNEY NE                     | City of Kearney NE                                                            | CUSIP: 4868907Q3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $69462.12     | 0.13%             | 2027-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KEARNEY NE COMB UTILITIES REVE | City of Kearney NE Combined Utilities Revenue                                 | CUSIP: 486894ML9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $377686.00    | 0.73%             | 2027-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| KEARNEY NE COMB UTILITIES REVE | City of Kearney NE Combined Utilities Revenue                                 | CUSIP: 486894NU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $235042.32    | 0.45%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA SALLE & BUREAU CNTYS IL TWP | La Salle & Bureau Counties Township High School District No. 120 LaSalle-Peru | CUSIP: 504480GM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268174.00    | 0.52%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA VISTA NE COPS               | City of La Vista NE                                                           | CUSIP: 50532PAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375035.59    | 0.72%             | 2025-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY NE SCH DIST #1  | Lancaster County School District No. 1                                        | CUSIP: 514014QJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152949.03    | 0.30%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY NE SCH DIST #1  | Lancaster County School District No. 1                                        | CUSIP: 514014QQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $93552.62     | 0.18%             | 2037-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY NE SCH DIST #14 | Lancaster County School District No. 14                                       | CUSIP: 514025NC5<br>LEI: 549300V0LTOLSQTQ7H51 | Long             | DBT              | MUN               | US        |    320000 | PA      | $310959.94    | 0.60%             | 2028-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY NE SCH DIST #14 | Lancaster County School District No. 14                                       | CUSIP: 514025PC3<br>LEI: 549300V0LTOLSQTQ7H51 | Long             | DBT              | MUN               | US        |    370000 | PA      | $315165.26    | 0.61%             | 2034-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY SD COPS           | County of Lincoln SD                                                          | CUSIP: 53340CBQ3<br>LEI: 549300USXDZ5FGJLUV88 | Long             | DBT              | MUN               | US        |    220000 | PA      | $231354.40    | 0.45%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NE ARPT AUTH           | Lincoln Airport Authority                                                     | CUSIP: 534247QT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $218106.04    | 0.42%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NE SANTN SWR REVENUE   | City of Lincoln NE Sanitary Sewer Revenue                                     | CUSIP: 534323LQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $220578.34    | 0.43%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUP RIVER NE PUBLIC PWR DIST  | Loup River Public Power District                                              | CUSIP: 547116NK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987852.30    | 1.91%             | 2026-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LUBBOCK TX INDEP SCH DIST      | Lubbock Independent School District                                           | CUSIP: 5492206M8<br>LEI: 549300SBJI5UDVLE3F39 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159208.92    | 0.31%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                                 | CUSIP: 57582TCR1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    200000 | PA      | $209705.22    | 0.41%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCCOOK NE                      | City of McCook NE                                                             | CUSIP: 579729EQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $153145.36    | 0.30%             | 2031-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET UTILITIES DIST OMAHA NE GA | Metropolitan Utilities District of Omaha Gas System Revenue                   | CUSIP: 592625AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325405.08    | 0.63%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET UTILITIES DIST OMAHA NE GA | Metropolitan Utilities District of Omaha Gas System Revenue                   | CUSIP: 592625BK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $118570.82    | 0.23%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET UTILITIES DIST OMAHA NE GA | Metropolitan Utilities District of Omaha Gas System Revenue                   | CUSIP: 592625CK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $141646.38    | 0.27%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET UTILITIES DIST NE WTR REVE | Metropolitan Utilities District of Omaha Water System Revenue                 | CUSIP: 592642EF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300120.39    | 0.58%             | 2029-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MET UTILITIES DIST NE WTR REVE | Metropolitan Utilities District of Omaha Water System Revenue                 | CUSIP: 592642FY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $347232.41    | 0.67%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVENUES      | Michigan State University                                                     | CUSIP: 594712ZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $216526.64    | 0.42%             | 2054-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MUNI ENERGY AGY OF NEBRASKA    | Municipal Energy Agency of Nebraska                                           | CUSIP: 625914KS4<br>LEI: N31S7V1JSNSIMBEEGT03 | Long             | DBT              | MUN               | US        |    350000 | PA      | $394792.79    | 0.76%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA CITY NE               | City of Nebraska City NE                                                      | CUSIP: 639591ND4<br>LEI: 54930082FUK2AKBKR282 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149799.80    | 0.29%             | 2033-01-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| NE COOPERATIVE REPUBLICAN PLAT | Nebraska Cooperative Republican Platte Enhancement Project                    | CUSIP: 639662CU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $487762.40    | 0.94%             | 2027-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST PUBLIC PWR DIST RE | Nebraska Public Power District                                                | CUSIP: 63968A6V2<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    125000 | PA      | $138578.43    | 0.27%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST PUBLIC PWR DIST RE | Nebraska Public Power District                                                | CUSIP: 63968AS63<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200698.64    | 0.39%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INVESTMENT FIN AUT | Nebraska Investment Finance Authority                                         | CUSIP: 63968MK57<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151678.25    | 0.29%             | 2034-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INVESTMENT FIN AUT | Nebraska Investment Finance Authority                                         | CUSIP: 63968MK65<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100662.49    | 0.19%             | 2034-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INVESTMENT FIN AUT | Nebraska Investment Finance Authority                                         | CUSIP: 63968MZY8<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    195000 | PA      | $191676.09    | 0.37%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEENAH WI                      | City of Neenah WI                                                             | CUSIP: 64008RBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $416234.52    | 0.80%             | 2032-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority                                  | CUSIP: 64972JHU5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    325000 | PA      | $348268.83    | 0.67%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority                                  | CUSIP: 64972JMB1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    200000 | PA      | $214978.46    | 0.42%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority                                  | CUSIP: 64972JWL8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    175000 | PA      | $190990.42    | 0.37%             | 2050-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH PLATTE NE                | City of North Platte NE                                                       | CUSIP: 661615TB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $360002.12    | 0.70%             | 2026-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTH PLATTE NE                | City of North Platte NE                                                       | CUSIP: 661615VV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $210242.59    | 0.41%             | 2033-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH PLATTE NE                | City of North Platte NE                                                       | CUSIP: 661615WK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106901.16    | 0.21%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N E CMNTY CLG AREA NE BRD GOVE | Northeast Community College Area                                              | CUSIP: 66432YCC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $453307.65    | 0.88%             | 2027-07-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| OMAHA-DOUGLAS NE PUBLIC BLDG C | Omaha-Douglas Public Building Commission                                      | CUSIP: 681669FE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270415.38    | 0.52%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                       | City of Omaha NE                                                              | CUSIP: 6817127X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48222.95     | 0.09%             | 2032-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                       | City of Omaha NE                                                              | CUSIP: 6817127Z2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $390183.12    | 0.75%             | 2034-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                       | City of Omaha NE                                                              | CUSIP: 681712KB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $558716.80    | 1.08%             | 2030-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                       | City of Omaha NE                                                              | CUSIP: 681713AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $221071.62    | 0.43%             | 2037-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                       | City of Omaha NE                                                              | CUSIP: 681713DH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316760.67    | 0.61%             | 2045-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE ARPT AUTH             | Omaha Airport Authority                                                       | CUSIP: 681725NE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $419684.62    | 0.81%             | 2040-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC FACS CORP LEAS | Omaha Public Facilities Corp.                                                 | CUSIP: 681785KU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414872.80    | 0.80%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC FACS CORP LEAS | Omaha Public Facilities Corp.                                                 | CUSIP: 681785LK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $417912.68    | 0.81%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC FACS CORP LEAS | Omaha Public Facilities Corp.                                                 | CUSIP: 681785LX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $326946.43    | 0.63%             | 2031-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC FACS CORP LEAS | Omaha Public Facilities Corp.                                                 | CUSIP: 681785NG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $193830.35    | 0.37%             | 2044-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC FACS CORP LEAS | Omaha Public Facilities Corp.                                                 | CUSIP: 681785PK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $362747.42    | 0.70%             | 2050-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE SPL TAX REVENUE       | City of Omaha NE Riverfront Redevelopment Special Tax Revenue                 | CUSIP: 68189PJR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $566328.25    | 1.09%             | 2037-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE SPL TAX REVENUE       | City of Omaha NE Riverfront Redevelopment Special Tax Revenue                 | CUSIP: 68189PLL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267154.38    | 0.52%             | 2043-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001HC9<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    200000 | PA      | $185478.18    | 0.36%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001HF2<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    350000 | PA      | $385524.51    | 0.74%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001JV5<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1437769.79   | 2.78%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001LM2<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    115000 | PA      | $121004.91    | 0.23%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001LQ3<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    250000 | PA      | $267387.08    | 0.52%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001NE8<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    395000 | PA      | $430331.92    | 0.83%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001NP3<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    105000 | PA      | $112502.18    | 0.22%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC  | Omaha Public Power District                                                   | CUSIP: 682001PH9<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    400000 | PA      | $427082.04    | 0.83%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PAPILLION NE                   | City of Papillion NE                                                          | CUSIP: 698856U58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252869.13    | 0.49%             | 2029-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PAPILLION-LA VISTA NE SCH DIST | Papillion-La Vista School District No. 27                                     | CUSIP: 698873J72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $221445.82    | 0.43%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PAPILLION-LA VISTA NE SCH DIST | Papillion-La Vista School District No. 27                                     | CUSIP: 698873M29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319933.38    | 0.62%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PAPILLION-LA VISTA NE SCH DIST | Papillion-La Vista School District No. 27                                     | CUSIP: 698873M37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $318198.24    | 0.61%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PAPILLION-LA VISTA NE SCH DIST | Papillion-La Vista School District No. 27                                     | CUSIP: 698873N51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $217299.58    | 0.42%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PAPILLION-LA VISTA NE SCH DIST | Papillion-La Vista School District No. 27                                     | CUSIP: 698873YT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350086.42    | 0.68%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PARK RIDGE IL PARK DIST        | Park Ridge Park District                                                      | CUSIP: 700787CL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $220154.10    | 0.43%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC PWR GENERATION AGY NE R | Public Power Generation Agency                                                | CUSIP: 744434EH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $94449.26     | 0.18%             | 2036-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SALINE CNTY NE EDUCTNL FACS RE | County of Saline NE                                                           | CUSIP: 79517YBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $323679.01    | 0.63%             | 2030-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SAN & IMPT DIST# | Sarpy County Sanitary & Improvement District No. 245                          | CUSIP: 80374TBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98649.37     | 0.19%             | 2028-11-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SAN & IMPT DIST  | Sarpy County Sanitary & Improvement District No. 23                           | CUSIP: 80375PCA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $82906.78     | 0.16%             | 2034-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SAN & IMPT DIST  | Sarpy County Sanitary & Improvement District No. 191                          | CUSIP: 803762AF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129937.34    | 0.25%             | 2032-10-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SCH DIST #37     | Gretna Public Schools                                                         | CUSIP: 803770SQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $489968.57    | 0.95%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SCH DIST #37     | Gretna Public Schools                                                         | CUSIP: 803770TD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $549914.33    | 1.06%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SCH DIST #37     | Gretna Public Schools                                                         | CUSIP: 803770TX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $716089.50    | 1.38%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SCH DIST #37     | Gretna Public Schools                                                         | CUSIP: 803770VK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $393673.68    | 0.76%             | 2032-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SAN & IMPT DIST  | Sarpy County Sanitary & Improvement District No. 291                          | CUSIP: 80379GBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $90170.76     | 0.17%             | 2038-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SCH DIST #1      | Sarpy County School District No. 1                                            | CUSIP: 80381LDK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302548.50    | 0.58%             | 2028-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SCOTTS BLUFF CNTY NE SCH DIST# | Scotts Bluff County School District No. 16                                    | CUSIP: 810164DH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $293270.20    | 0.57%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST CMNTY COLLEGE AREA N | Southeast Community College Area                                              | CUSIP: 84134UBX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305608.92    | 0.59%             | 2031-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STHRN NE PUBLIC PWR DIST ELECS | Southern Public Power District                                                | CUSIP: 843460DY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $296311.56    | 0.57%             | 2026-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST       | Spring Independent School District                                            | CUSIP: 850001CN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212638.24    | 0.41%             | 2055-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRAVIS CNTY TX                 | County of Travis TX                                                           | CUSIP: 89453PK65<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150857.97    | 0.29%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF NEBRASKA NE FACS CORP  | The University of Nebraska Facilities Corp.                                   | CUSIP: 914639JF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306504.39    | 0.59%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WACO TX                        | City of Waco TX                                                               | CUSIP: 929831C94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106086.02    | 0.20%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY NE             | County of Washington NE                                                       | CUSIP: 938112ET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $191854.04    | 0.37%             | 2027-06-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| WAYNE NE                       | City of Wayne NE                                                              | CUSIP: 946153HR7<br>LEI: 549300WR6N2ITDXELM17 | Long             | DBT              | MUN               | US        |    200000 | PA      | $212621.78    | 0.41%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST POINT NE                  | City of West Point NE                                                         | CUSIP: 955440HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $197038.06    | 0.38%             | 2028-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WHEAT RIDGE CO SALES & USE TAX | City of Wheat Ridge CO Sales & Use Tax Revenue                                | CUSIP: 96255NBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212328.18    | 0.41%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODBINE IA CMNTY SCH DIST INF | Woodbine Community School District Infrastructure Sales Service & Use Tax     | CUSIP: 978747AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $251853.30    | 0.49%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YORK CNTY NE SCH DIST #12      | York County School District No. 12                                            | CUSIP: 986365GS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $448794.59    | 0.87%             | 2025-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| YORK CNTY NE SCH DIST #96      | York County School District No. 96                                            | CUSIP: 98636PBX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106909.29    | 0.21%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-18

**Name of Applicant:** Tributary Funds, Inc.

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer