# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-26-000741
**Filing Date:** 2026-6
**Character Count:** 114448
**Document Hash:** 9b2a6bf8a04780bc6829fc1b68def3fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-26-000741.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000898745-26-000741

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 261118252

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

### California Municipal Fund (Series ID: S000014232)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000038715 | Class A       | SRCMX           |
| C000038717 | Class C       | SRCCX           |
| C000153061 | Institutional | PCMFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Principal Funds, Inc

- **b. Investment Company Act file number:** 811-07572

- **c. CIK number of Registrant:** 0000898745

- **d. LEI of Registrant:** 549300HZGBXSW6DSXF23

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

  - **Street Address 1:** 711 High St

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50392

  - **Telephone number:** 515-235-1719

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

- **a. Name of Series:** California Municipal Fund

- **b. EDGAR series identifier (if any):** S000014232

- **c. LEI of Series:** 549300TB8YHKFT7I8G29

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

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

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $685189266.08

**Total Liabilities:** $2387009.07

**Net Assets:** $682802257.01

**Cash Not Reported:** $162396.14

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1381.08310000 | **1-Year:** 4349.55590000 | **5-Year:** 69478.87980000 | **10-Year:** 146266.71160000 | **30-Year:** 160700.54720000

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

- **3-Month:** 182.03040000 | **1-Year:** 573.28300000 | **5-Year:** 9157.50110000 | **10-Year:** 19278.34140000 | **30-Year:** 21180.75940000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038715 | 1.08%                | -2.13%               | 1.11%                |
| Class ID C000038717 | 1.01%                | -2.19%               | 1.14%                |
| Class ID C000153061 | 0.99%                | -2.01%               | 1.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-479135.99              | $5725372.49                                |
| Month 2  | $-446566.25              | $-15900202.76                              |
| Month 3  | $-753654.11              | $6413714.87                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alameda Community Improvement Commission Successor Agency                                                 | Alameda Community Improvement Commission Successor Agency                                                 | CUSIP: 010775AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003401.70   | 0.15%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Unified School District-Alameda County/CA                                                         | Alameda Unified School District-Alameda County/CA                                                         | CUSIP: 010824JU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1797329.55   | 0.26%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                                                 | Alameda Corridor Transportation Authority                                                                 | CUSIP: 010869GZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5270000 | PA      | $5304248.15   | 0.78%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                                                 | Alameda Corridor Transportation Authority                                                                 | CUSIP: 010869JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1035905.15   | 0.15%             | 2047-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                                                 | Alameda Corridor Transportation Authority                                                                 | CUSIP: 010869MK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092444.80   | 0.16%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BL Train Holdings West LLC - Warrants                                                                     | BL Train Holdings West LLC - Warrants                                                                     | CUSIP: 05594N118<br>LEI: 254900UTS074X7B9VE11 | Long             | EC               | CORP              | US        |     72088 | NS      | $90110.00     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Bay Area Toll Authority                                                                                   | Bay Area Toll Authority                                                                                   | CUSIP: 072024A77<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084307.70   | 0.16%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                                                   | Bay Area Toll Authority                                                                                   | CUSIP: 072024A85<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078634.70   | 0.16%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                                                   | Bay Area Toll Authority                                                                                   | CUSIP: 072024C75<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.04%             | 2059-04-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                                                   | Bay Area Toll Authority                                                                                   | CUSIP: 072024YE6<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.07%             | 2055-04-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                                                  | Beverly Hills Unified School District CA                                                                  | CUSIP: 088023MX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $1871289.11   | 0.27%             | 2044-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                                                | Burbank-Glendale-Pasadena Airport Authority Brick Campaign                                                | CUSIP: 120827DY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1583615.34   | 0.23%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                           | California Community Choice Financing Authority                                                           | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5280490.50   | 0.77%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                           | California Community Choice Financing Authority                                                           | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5302616.50   | 0.78%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                           | California Community Choice Financing Authority                                                           | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5309069.50   | 0.78%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                           | California Community Choice Financing Authority                                                           | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3749802.00   | 0.55%             | 2056-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                                           | California County Tobacco Securitization Agency                                                           | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2334530.28   | 0.34%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 1301783W4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9550000 | PA      | $11175583.81  | 1.64%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 130178VU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3635794.34   | 0.53%             | 2040-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 130178X76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5645000 | PA      | $6721264.97   | 0.98%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 130179EV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001553.50   | 0.15%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 130179SD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2261720.80   | 0.33%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 130179TN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10100000 | PA      | $11310514.29  | 1.66%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                                               | California Educational Facilities Authority                                                               | CUSIP: 130179XC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2150430.84   | 0.31%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                          | California Health Facilities Financing Authority                                                          | CUSIP: 13032U4X3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1671621.90   | 0.24%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                          | California Health Facilities Financing Authority                                                          | CUSIP: 13032UJD1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2717689.05   | 0.40%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                          | California Health Facilities Financing Authority                                                          | CUSIP: 13032UMP0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6523585.16   | 0.96%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                          | California Health Facilities Financing Authority                                                          | CUSIP: 13032URP5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2807208.70   | 0.41%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                          | California Health Facilities Financing Authority                                                          | CUSIP: 13032UU71<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   6205000 | PA      | $6525970.38   | 0.96%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                          | California Health Facilities Financing Authority                                                          | CUSIP: 13032UUW6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10782385.00  | 1.58%             | 2041-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                                         | California Housing Finance Agency                                                                         | CUSIP: 13032WDH4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   4755000 | PA      | $4934303.44   | 0.72%             | 2045-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                                         | California Housing Finance Agency                                                                         | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   7447029 | PA      | $7719797.04   | 1.13%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                                         | California Housing Finance Agency                                                                         | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   7727229 | PA      | $7680495.18   | 1.12%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                                         | California Housing Finance Agency                                                                         | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  11859687 | PA      | $11997783.27  | 1.76%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                                     | California Infrastructure & Economic Development Bank                                                     | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4155000 | PA      | $2409900.00   | 0.35%             | 2065-01-01      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 130483GQ7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   6465000 | PA      | $6523841.84   | 0.96%             | 2042-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048RAG2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3900204.00   | 0.57%             | 2044-10-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1767724.43   | 0.26%             | 2053-09-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048TN90<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2108790.39   | 0.31%             | 2036-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048V2U1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3510561.01   | 0.51%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048V3D8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1850520.00   | 0.27%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048V3F3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3245000 | PA      | $3346898.52   | 0.49%             | 2045-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048V5M6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515326.55   | 0.22%             | 2055-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048V6R4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1611185.25   | 0.24%             | 2056-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048V6S2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1600153.95   | 0.23%             | 2060-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048VBU1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7550000 | PA      | $7768940.19   | 1.14%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048VBV9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8200348.00   | 1.20%             | 2036-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13048VKZ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3515000 | PA      | $3436788.09   | 0.50%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13049YBB6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040585.80   | 0.15%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13049YBC4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038203.20   | 0.15%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13049YBG5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2059283.40   | 0.30%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13049YDZ1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $616500.24    | 0.09%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13049YEA5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5123641.00   | 0.75%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13049YEN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10494308.00  | 1.54%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8465000 | PA      | $8513733.01   | 1.25%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13050WAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4587294 | PA      | $4275638.34   | 0.63%             | 2041-02-20      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                    | California Municipal Finance Authority                                                                    | CUSIP: 13050WAG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2123277 | PA      | $2086078.82   | 0.31%             | 2041-07-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 130536KL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1216071.72   | 0.18%             | 2027-12-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12514235.00  | 1.83%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004254.40   | 0.29%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028114.30   | 0.15%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8712615.60   | 1.28%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2542077.00   | 0.37%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047009.20   | 0.15%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $598579.76    | 0.09%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                                          | California Pollution Control Financing Authority                                                          | CUSIP: 13054WAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068670.70   | 0.16%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                                       | California Public Finance Authority                                                                       | CUSIP: 13057EBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1245736.25   | 0.18%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                                       | California Public Finance Authority                                                                       | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17120000 | PA      | $16255665.98  | 2.38%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                                       | California Public Finance Authority                                                                       | CUSIP: 13057GBB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3504030.25   | 0.51%             | 2066-04-01      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                                       | California School Finance Authority                                                                       | CUSIP: 13059TBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1926309.96   | 0.28%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                                       | California School Finance Authority                                                                       | CUSIP: 13059TFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012874.30   | 0.15%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                       | State of California                                                                                       | CUSIP: 13062TH72<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5655355.00   | 0.83%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                       | State of California                                                                                       | CUSIP: 13063D5R5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6574644.00   | 0.96%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                       | State of California                                                                                       | CUSIP: 13063DD88<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5294.59      | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                       | State of California                                                                                       | CUSIP: 13063ELX2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5798223.50   | 0.85%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                       | State of California                                                                                       | CUSIP: 13063EMD5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2278735.60   | 0.33%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                       | State of California                                                                                       | CUSIP: 13063ENW2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   8250000 | PA      | $9062593.65   | 1.33%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                                               | California Enterprise Development Authority                                                               | CUSIP: 13067VBR4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5337576.00   | 0.78%             | 2049-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                                               | California State University                                                                               | CUSIP: 13077DAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039327.00   | 0.30%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078RGJ3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3502595.25   | 0.51%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078RHW3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3061259.70   | 0.45%             | 2036-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YMG7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3076448.70   | 0.45%             | 2038-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YNV3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    945000 | PA      | $975615.83    | 0.14%             | 2039-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YNX9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    940000 | PA      | $946549.36    | 0.14%             | 2048-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YPW9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    900000 | PA      | $934577.46    | 0.14%             | 2039-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YQD0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    770000 | PA      | $778638.25    | 0.11%             | 2029-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YQE8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    950000 | PA      | $983505.93    | 0.14%             | 2034-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YQG3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1359425.84   | 0.20%             | 2044-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13078YQU2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034288.80   | 0.15%             | 2040-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SEV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3503191.30   | 0.51%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SMH4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7005615.40   | 1.03%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SMJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4040000 | PA      | $4042040.60   | 0.59%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SSH8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1149846.94   | 0.17%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080ST53<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1511884.32   | 0.22%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SVK7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027417.80   | 0.15%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SVL5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3901438.80   | 0.57%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SWL4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    550000 | PA      | $537573.25    | 0.08%             | 2029-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SWM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    375000 | PA      | $385233.30    | 0.06%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SWN0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    475000 | PA      | $481817.34    | 0.07%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                    | California Statewide Communities Development Authority                                                    | CUSIP: 13080SWP5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1895935.67   | 0.28%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                                                  | California Statewide Financing Authority                                                                  | CUSIP: 130923AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2054762.77   | 0.30%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                                                  | California Statewide Financing Authority                                                                  | CUSIP: 130923BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1579923.99   | 0.23%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                                           | Central Valley Energy Authority                                                                           | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   5165000 | PA      | $5493068.92   | 0.80%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coachella Valley Unified School District/CA                                                               | Coachella Valley Unified School District/CA                                                               | CUSIP: 189849HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2410400.00   | 0.35%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Compton Public Finance Authority                                                                          | Compton Public Finance Authority                                                                          | CUSIP: 204726AG8<br>LEI: 549300WUETJKEL0LJQ58 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8001680.00   | 1.17%             | 2032-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Compton CA Water Revenue                                                                          | City of Compton CA Water Revenue                                                                          | CUSIP: 204744AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1288265.50   | 0.19%             | 2039-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                                                  | East Bay Municipal Utility District Water System Revenue                                                  | CUSIP: 271014D33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9652.37      | 0.00%             | 2037-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Escondido Union High School District                                                                      | Escondido Union High School District                                                                      | CUSIP: 296353LY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $539664.40    | 0.08%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                                           | Foothill-Eastern Transportation Corridor Agency                                                           | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6360000 | PA      | $6123925.07   | 0.90%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                                                  | Golden State Tobacco Securitization Corp                                                                  | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10630000 | PA      | $10593388.15  | 1.55%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                                                  | Golden State Tobacco Securitization Corp                                                                  | CUSIP: 38122NZA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001961.70   | 0.15%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                                                  | Golden State Tobacco Securitization Corp                                                                  | CUSIP: 38122NZC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5133503.50   | 0.75%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                                                    | Port Authority of Guam                                                                                    | CUSIP: 400652AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004893.60   | 0.15%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                                                      | Guam Government Waterworks Authority                                                                      | CUSIP: 40065FDE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7890000 | PA      | $7974763.06   | 1.17%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                                                      | Guam Government Waterworks Authority                                                                      | CUSIP: 40065FFG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1667264.97   | 0.24%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indio Redevelopment Agency Successor Agency                                                               | Indio Redevelopment Agency Successor Agency                                                               | CUSIP: 455719CP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $295805.17    | 0.04%             | 2035-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Inland Valley Development Agency                                                                          | Inland Valley Development Agency                                                                          | CUSIP: 45750TAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008976.40   | 0.15%             | 2037-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Invesco California AMT-Free Municipal Bond ETF                                                            | Invesco California AMT-Free Municipal Bond ETF                                                            | CUSIP: 46138E206<br>LEI: 549300M4U7LQNGAVRJ41 | Long             | EC               | RF                | US        |       500 | NS      | $12105.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares California Muni Bond ETF                                                                          | iShares California Muni Bond ETF                                                                          | CUSIP: 464288356<br>LEI: 5493005PBQ3IFT3REX09 | Long             | EC               | RF                | US        |       702 | NS      | $40231.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| La Verne Public Financing Authority                                                                       | La Verne Public Financing Authority                                                                       | CUSIP: 505207AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105323.58    | 0.02%             | 2026-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Airport System Revenue                                                              | City of Long Beach CA Airport System Revenue                                                              | CUSIP: 542403DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3721731.48   | 0.55%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                                         | Long Beach Bond Finance Authority                                                                         | CUSIP: 54241AAX1<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1130136.98   | 0.17%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                                         | Long Beach Bond Finance Authority                                                                         | CUSIP: 54241AAY9<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   3485000 | PA      | $3835863.88   | 0.56%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                | City of Los Angeles Department of Airports                                                                | CUSIP: 5444457R4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $938440.47    | 0.14%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                | City of Los Angeles Department of Airports                                                                | CUSIP: 544445J83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415321.58    | 0.06%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                | City of Los Angeles Department of Airports                                                                | CUSIP: 544445JB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1993309.88   | 0.29%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                | City of Los Angeles Department of Airports                                                                | CUSIP: 544445NQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5213551.50   | 0.76%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                | City of Los Angeles Department of Airports                                                                | CUSIP: 544445YH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $543609.14    | 0.08%             | 2049-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                                                   | Los Angeles Department of Water & Power                                                                   | CUSIP: 544532CV4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    520000 | PA      | $553729.02    | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                                                   | Los Angeles Department of Water & Power                                                                   | CUSIP: 544532MQ4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2336924.03   | 0.34%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                                                   | Los Angeles Department of Water & Power                                                                   | CUSIP: 544532RV8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3368208.30   | 0.49%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                                                       | Port of Los Angeles                                                                                       | CUSIP: 544552C42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $557245.10    | 0.08%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                                                       | Port of Los Angeles                                                                                       | CUSIP: 544552C59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3893769.84   | 0.57%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                                                       | Port of Los Angeles                                                                                       | CUSIP: 544552C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $552399.00    | 0.08%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                                                    | Los Angeles Unified School District/CA                                                                    | CUSIP: 5446466W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062854.20   | 0.30%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                                                    | Los Angeles Unified School District/CA                                                                    | CUSIP: 544647HQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2296734.60   | 0.34%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                | Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                | CUSIP: 54466HKS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1858107.31   | 0.27%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                | Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                | CUSIP: 54466HRH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2238825.00   | 0.33%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                                                       | Los Angeles County Public Works Financing Authority                                                       | CUSIP: 54473ESQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005103.20   | 0.29%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                                                       | Los Angeles County Public Works Financing Authority                                                       | CUSIP: 54473EZR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11042777.00  | 1.62%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                                                    | M-S-R Energy Authority                                                                                    | CUSIP: 55374SAD2<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1393498.00   | 0.20%             | 2029-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                                                    | M-S-R Energy Authority                                                                                    | CUSIP: 55374SAG5<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1661680.63   | 0.24%             | 2029-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Merced Union High School District                                                                         | Merced Union High School District                                                                         | CUSIP: 587635ET6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3380000 | PA      | $2830826.39   | 0.41%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                                                        | Metropolitan Water District of Southern California                                                        | CUSIP: 59266TSR3<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5387707.50   | 0.79%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                                                        | Metropolitan Water District of Southern California                                                        | CUSIP: 59266TXM8<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048690.10   | 0.15%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norco Community Redevelopment Agency Successor Agency                                                     | Norco Community Redevelopment Agency Successor Agency                                                     | CUSIP: 655505AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $786646.69    | 0.12%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                                                  | Nuveen California AMT-Free Quality Municipal Income Fund                                                  | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.03%             | 2047-10-01      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| Pasadena Unified School District                                                                          | Pasadena Unified School District                                                                          | CUSIP: 702282SA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4666238.63   | 0.68%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                                             | Poway Unified School District                                                                             | CUSIP: 738850RB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2856726.00   | 0.42%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       405 | PA      | $412.48       | 0.00%             | 2027-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |        81 | PA      | $85.25        | 0.00%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       332 | PA      | $358.87       | 0.00%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |        17 | PA      | $16.98        | 0.00%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    315541 | PA      | $307004.73    | 0.04%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |        16 | PA      | $14.97        | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    446171 | PA      | $388331.89    | 0.06%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    526366 | PA      | $381348.69    | 0.06%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                               | Commonwealth of Puerto Rico                                                                               | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1569244 | PA      | $1067085.82   | 0.16%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   5550000 | PA      | $6181849.19   | 0.91%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | CUSIP: 74528LAB7<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3622083.73   | 0.53%             | 2042-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3620001.78   | 0.53%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority | CUSIP: 74528LAF8<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3871888.36   | 0.57%             | 2041-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                                                    | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                                                    | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6296000 | PA      | $6115336.28   | 0.90%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rialto Redevelopment Agency                                                                               | Rialto Redevelopment Agency                                                                               | CUSIP: 76246PCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042074.50   | 0.15%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richmond Joint Powers Financing Authority                                                                 | Richmond Joint Powers Financing Authority                                                                 | CUSIP: 764440JT1<br>LEI: 549300O54N3JTBY74Q35 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1258979.88   | 0.18%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richmond Joint Powers Financing Authority                                                                 | Richmond Joint Powers Financing Authority                                                                 | CUSIP: 764440JV6<br>LEI: 549300O54N3JTBY74Q35 | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3880049.08   | 0.57%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                                                | Riverside County Transportation Commission                                                                | CUSIP: 76912DAU2<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1947704.44   | 0.29%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                                                | Riverside County Transportation Commission                                                                | CUSIP: 76912DAZ1<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3352771.49   | 0.49%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Area Flood Control Agency                                                                      | Sacramento Area Flood Control Agency                                                                      | CUSIP: 785840JK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008296.10   | 0.15%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District/CA                                                                | Sacramento City Unified School District/CA                                                                | CUSIP: 785870R40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8260110.40   | 1.21%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                                                     | Sacramento Municipal Utility District                                                                     | CUSIP: 786005K64<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051405.60   | 0.15%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                                            | County of Sacramento CA Airport System Revenue                                                            | CUSIP: 786107RW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2051273.40   | 0.30%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                                            | County of Sacramento CA Airport System Revenue                                                            | CUSIP: 786107VC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10598103.00  | 1.55%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego Association of Governments South Bay Expressway Revenue                                         | San Diego Association of Governments South Bay Expressway Revenue                                         | CUSIP: 797257AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1533064.95   | 0.22%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Association of Governments South Bay Expressway Revenue                                         | San Diego Association of Governments South Bay Expressway Revenue                                         | CUSIP: 797257AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2348414.08   | 0.34%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Housing Authority Inc                                                                           | San Diego Housing Authority Inc                                                                           | CUSIP: 79728FLL3<br>LEI: 549300X9H1ODNOOT1Q87 | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3263725.85   | 0.48%             | 2040-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                               | San Diego County Regional Airport Authority                                                               | CUSIP: 79739GGN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1358643.81   | 0.20%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                               | San Diego County Regional Airport Authority                                                               | CUSIP: 79739GLC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10815000 | PA      | $10996432.44  | 1.61%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                               | San Diego County Regional Airport Authority                                                               | CUSIP: 79739GLD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2112941.80   | 0.31%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                               | San Diego County Regional Airport Authority                                                               | CUSIP: 79739GSZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2745000 | PA      | $3029117.66   | 0.44%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District Sales Tax Revenue                                           | San Francisco Bay Area Rapid Transit District Sales Tax Revenue                                           | CUSIP: 797669ZF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2081485.62   | 0.30%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport                              | San Francisco City & County Airport Comm-San Francisco International Airport                              | CUSIP: 79766DLV9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046355.80   | 0.15%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport                              | San Francisco City & County Airport Comm-San Francisco International Airport                              | CUSIP: 79766DLW7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3129541.20   | 0.46%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport                              | San Francisco City & County Airport Comm-San Francisco International Airport                              | CUSIP: 79766DVX4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4376526.00   | 0.64%             | 2043-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport                              | San Francisco City & County Airport Comm-San Francisco International Airport                              | CUSIP: 79766DWX3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3666211.15   | 0.54%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport                              | San Francisco City & County Airport Comm-San Francisco International Airport                              | CUSIP: 79766DXZ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061792.30   | 0.16%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Commission of the City & County of San Francisco                                                     | Port Commission of the City & County of San Francisco                                                     | CUSIP: 797679BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000206.50   | 0.15%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                                                 | San Joaquin Valley Clean Energy Authority                                                                 | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   9050000 | PA      | $9963030.97   | 1.46%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                                                        | Norman Y Mineta San Jose International Airport SJC                                                        | CUSIP: 798136VU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6009997.80   | 0.88%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Luis Obispo County Financing Authority                                                                | San Luis Obispo County Financing Authority                                                                | CUSIP: 798693CX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001512.30   | 0.15%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Ramon Valley Fire Protection District                                                                 | San Ramon Valley Fire Protection District                                                                 | CUSIP: 799400ED4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $648657.64    | 0.09%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara County Financing Authority                                                                    | Santa Clara County Financing Authority                                                                    | CUSIP: 801577SH1<br>LEI: 549300A73O1Q5POHAT69 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4811280.50   | 0.70%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                                               | Santa Monica-Malibu Unified School District                                                               | CUSIP: 802498D77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058924.00   | 0.30%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                                               | Santa Monica-Malibu Unified School District                                                               | CUSIP: 802498F91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5222524.50   | 0.76%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                                               | Santa Monica-Malibu Unified School District                                                               | CUSIP: 802498G66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1191251.90   | 0.17%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                                               | Santa Monica-Malibu Unified School District                                                               | CUSIP: 802498XH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2366779.90   | 0.35%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                                                | Southern California Public Power Authority                                                                | CUSIP: 842469CK2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031479.40   | 0.15%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                                                | Southern California Public Power Authority                                                                | CUSIP: 842469CM8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021220.70   | 0.15%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                                                | Southern California Public Power Authority                                                                | CUSIP: 842471AX2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   4725000 | PA      | $4950409.43   | 0.73%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88034M3A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2675633.15   | 0.39%             | 2044-05-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88034YTB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075000 | PA      | $3783869.20   | 0.55%             | 2036-05-15      | Variable      | 8.24%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035G8P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1826111.87   | 0.27%             | 2055-08-01      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035PDW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.15%             | 2032-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035PGF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.12%             | 2046-07-01      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035RAT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1908848.54   | 0.28%             | 2043-07-01      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035RDA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $665000.00    | 0.10%             | 2043-11-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.11%             | 2028-05-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TBH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.04%             | 2028-05-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TJA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.59%             | 2033-05-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TJC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7400000.00   | 1.08%             | 2033-05-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TNZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6850000 | PA      | $6850000.00   | 1.00%             | 2056-04-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TRY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.21%             | 2056-04-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                            | Tender Option Bond Trust Receipts/Certificates                                                            | CUSIP: 88035TUP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3950716.47   | 0.58%             | 2055-05-01      | Variable      | 9.07%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                                                   | Tobacco Securitization Authority of Southern California                                                   | CUSIP: 888804CL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1596109.65   | 0.23%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                                                   | Tobacco Securitization Authority of Southern California                                                   | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2949267.90   | 0.43%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                  | University of California                                                                                  | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $5147480.58   | 0.75%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Principal Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Treasurer