# EDGAR Filing Document

**Accession Number:** 0001112996
**File Stem:** 0001752724-23-017911
**Filing Date:** 2023-1
**Character Count:** 680200
**Document Hash:** c4fec0284824b1893c662c8ac9beb2fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017911.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017911

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
- **CENTRAL INDEX KEY:** 0001112996
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09913
- **FILM NUMBER:** 23566873

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 713-626-1919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES TRUST
- **DATE OF NAME CHANGE:** 20040322

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS
- **DATE OF NAME CHANGE:** 20031126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 20031001

## Series and Classes Contracts Data

### Invesco Short Duration High Yield Municipal Fund (Series ID: S000051015)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000160735 | Class A      |  |
| C000160736 | Class C      |  |
| C000160737 | Class Y      |  |
| C000160738 | Class R5     |  |
| C000188892 | Class R6     |  |

## Nport-Ex

**Schedule of Investments** 

*November 30, 2022* 

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Municipal Obligations–98.88%** |  |  |  |  |
|  **Alabama–2.67%** |  |  |  |  |
|  Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging); Series 2016, RB | 5.25% | 06/01/2025 | $875 | $861374 |
|  Black Belt Energy Gas District (The); Series 2022 F, RB<sup>(a)</sup> | 5.50% | 12/01/2028 | 2500 | 2623613 |
|  Fairfield (City of), AL; Series 2012, GO Wts. (Acquired 04/30/2012;<br>Cost $3,622,756)<sup>(b)(c)</sup> | 6.00% | 06/01/2031 | 3585 | 2868000 |
|  Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007, RB (Acquired 12/29/2015; Cost $90,000)<sup>(b)(c)</sup> | 5.50% | 01/01/2028 | 90 | 57150 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 3.50% | 07/01/2026 | 5022 | 3189278 |
|  Jefferson (County of), AL; Series 2013 F, Revenue Wts.<sup>(d)</sup> | 7.90% | 10/01/2050 | 4725 | 4815414 |
|  Mobile (City of), AL Improvement District (McGowin Park); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB | 5.00% | 08/01/2025 | 885 | 870460 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB | 5.25% | 08/01/2030 | 200 | 188476 |
|  Southeast Alabama Gas Supply District (The) (No. 2); Series 2018 A, RB<sup>(a)</sup> | 4.00% | 06/01/2024 | 6000 | 5990471 |
|  Southeast Energy Authority A Cooperative District (No. 2); Series 2021 B, RB<sup>(a)</sup> | 4.00% | 12/01/2031 | 5390 | 5188725 |
|  Southeast Energy Authority A Cooperative District (No. 3); Series 2022 A-1, RB<sup>(a)</sup> | 5.50% | 12/01/2029 | 5000 | 5316828 |
|  Talladega (County of), AL; Series 2002 D, TAC (INS - NATL)<sup>(e)</sup> | 5.25% | 01/01/2029 | 25 | 25053 |
|  Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. IDR<sup>(f)</sup> | 4.50% | 05/01/2032 | 7691 | 6614757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. IDR<sup>(f)</sup> | 5.25% | 05/01/2044 | 1000 | 830361 |
|  |  |  |  | 39439960 |
|  **American Samoa–0.07%** |  |  |  |  |
|  American Samoa (Territory of) Economic Development Authority; Series 2015 A, Ref. RB | 6.25% | 09/01/2029 | 1000 | 1049063 |
|  **Arizona–3.23%** |  |  |  |  |
|  Arizona (State of) Industrial Development Authority (Academies of Math & Science); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 07/01/2030 | 495 | 518739 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 07/01/2031 | 515 | 538156 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 07/01/2032 | 545 | 567851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 07/01/2033 | 575 | 596984 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 07/01/2034 | 600 | 620074 |
|  Arizona (State of) Industrial Development Authority (ACCEL Schools);<br>Series 2018 A, RB<sup>(f)</sup> | 5.00% | 08/01/2033 | 1955 | 1895165 |
|  Arizona (State of) Industrial Development Authority (American Charter Schools Foundation); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(f)</sup> | 6.00% | 07/01/2037 | 3440 | 3538027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(f)</sup> | 6.00% | 07/01/2047 | 1385 | 1404219 |
|  Arizona (State of) Industrial Development Authority (Basis Schools); Series 2017 A, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2026 | 410 | 412790 |
|  Arizona (State of) Industrial Development Authority (Doral Academy of Northern Nevada); Series 2021 A, Ref. RB<sup>(f)</sup> | 4.00% | 07/15/2041 | 530 | 431101 |
|  Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 4.50% | 07/01/2029 | 765 | 731750 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 5.00% | 07/01/2039 | 2135 | 1967352 |
|  Arizona (State of) Industrial Development Authority (Linder Village); Series 2020, RB<sup>(f)</sup> | 5.00% | 06/01/2031 | 2505 | 2485309 |
|  Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project); Series 2018 A, RB<sup>(f)</sup> | 4.75% | 12/15/2028 | 1440 | 1447772 |
|  Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects); Series 2018 A, RB<sup>(f)</sup> | 5.00% | 07/15/2028 | 865 | 875184 |
|  Arizona (State of) Industrial Development Authority (Pinecrest Academy of Northern Nevada); Series 2022 A, RB<sup>(f)</sup> | 4.50% | 07/15/2029 | 2970 | 2861101 |
|  Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, IDR<sup>(f)</sup> | 5.00% | 12/15/2039 | 400 | 387946 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, IDR<sup>(f)</sup> | 5.00% | 12/15/2049 | 700 | 642743 |
|  Glendale (City of), AZ Industrial Development Authority (Terraces of Phoenix); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 3.60% | 07/01/2023 | 155 | 153536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 07/01/2038 | 320 | 282553 |
|  Greater Arizona Development Authority; Series 2007 A, RB (INS - NATL)<sup>(e)</sup> | 4.38% | 08/01/2032 | 5 | 5006 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Arizona–(continued)** |  |  |  |  |
|  Maricopa (County of), AZ Industrial Development Authority (Benjamin Franklin Charter School); Series 2018, RB<sup>(f)</sup> | 4.80% | 07/01/2028 | $1600 | $1605878 |
|  Phoenix (City of), AZ Industrial Development Authority (Basis Schools); Series 2016 A, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2035 | 1000 | 995344 |
|  Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(f)</sup> | 6.50% | 07/01/2034 | 3430 | 3527565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2035 | 2820 | 2801684 |
|  Pima (County of), AZ Industrial Development Authority (American Leadership Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB<sup>(f)</sup> | 4.60% | 06/15/2025 | 930 | 924278 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB<sup>(f)</sup> | 5.38% | 06/15/2035 | 3370 | 3353222 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(f)</sup> | 5.00% | 06/15/2034 | 730 | 705761 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 4.00% | 06/15/2031 | 1045 | 952667 |
|  Pima (County of), AZ Industrial Development Authority (Arizona Charter Schools Ref.); Series 2013 Q, Ref. RB | 5.38% | 07/01/2031 | 4860 | 4773093 |
|  Pima (County of), AZ Industrial Development Authority (Career Success Schools);<br>Series 2020, Ref. RB<sup>(f)</sup> | 4.75% | 05/01/2030 | 1925 | 1848159 |
|  Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)); Series 2016, Ref. RB<sup>(f)</sup> | 5.00% | 09/01/2026 | 230 | 229129 |
|  Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy); Series 2018, RB<sup>(f)</sup> | 4.13% | 07/01/2026 | 1000 | 969057 |
|  Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 5.00% | 07/01/2029 | 300 | 299987 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 5.00% | 07/01/2034 | 400 | 385338 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 5.00% | 07/01/2039 | 500 | 464274 |
|  Pima (County of), AZ Industrial Development Authority (Paideia Academies (The));<br>Series 2019, RB | 4.13% | 07/01/2029 | 175 | 164158 |
|  Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 12/01/2029 | 380 | 347675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 12/01/2030 | 495 | 444206 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 12/01/2031 | 465 | 408457 |
|  Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU); Series 2017 A, RB<sup>(f)</sup> | 6.13% | 10/01/2052 | 300 | 261587 |
|  |  |  |  | 47824877 |
|  **Arkansas–0.98%** |  |  |  |  |
|  Arkansas (State of) Development Finance Authority (Big River Steel); Series 2020,<br>RB<sup>(f)(g)</sup> | 4.75% | 09/01/2049 | 7370 | 6595781 |
|  Arkansas (State of) Development Finance Authority (Green Bonds); Series 2022, RB<sup>(f)(g)</sup> | 5.45% | 09/01/2052 | 8000 | 7952613 |
|  |  |  |  | 14548394 |
|  **California–6.59%** |  |  |  |  |
|  Atwater (City of), CA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(e)</sup> | 5.00% | 05/01/2030 | 590 | 639809 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(e)</sup> | 5.00% | 05/01/2033 | 700 | 755532 |
|  California (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1996, GO Bonds (INS - FGIC)<sup>(e)</sup> | 5.38% | 06/01/2026 | 1885 | 1912514 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 08/01/2046 | 3000 | 3153560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 4.00% | 03/01/2046 | 2500 | 2515845 |
|  California (State of) Community Choice Financing Authority (Green Bonds);<br>Series 2022 A-1, RB<sup>(a)</sup> | 4.00% | 08/01/2028 | 21065 | 21068851 |
|  California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.); Series 2002, RB | 6.00% | 06/01/2042 | 135 | 137230 |
|  California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 06/01/2034 | 600 | 581152 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 06/01/2035 | 450 | 432737 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 06/01/2036 | 375 | 358737 |
|  California (State of) County Tobacco Securitization Agency (Stanislaus County<br>Tobacco Funding Corp.); Series 2002 A, RB | 5.88% | 06/01/2043 | 1555 | 1555005 |
|  California (State of) Housing Finance Agency; Series 2021-1A, Revenue Ctfs. | 3.50% | 11/20/2035 | 1219 | 1100613 |
|  California (State of) Municipal Finance Authority (Bella Mente Montessori Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 5.00% | 06/01/2028 | 825 | 821087 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 5.00% | 06/01/2038 | 845 | 794599 |
|  California (State of) Municipal Finance Authority (Palomar Health); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. COP (INS - AGM)<sup>(e)</sup> | 5.25% | 11/01/2035 | 1200 | 1318552 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. COP (INS - AGM)<sup>(e)</sup> | 5.25% | 11/01/2036 | 1250 | 1367626 |
|  California (State of) Municipal Finance Authority (United Airlines, Inc.); Series 2019, RB<sup>(g)</sup> | 4.00% | 07/15/2029 | 6000 | 5823584 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  California (State of) Municipal Finance Authority (Waste Management, Inc.);<br>Series 2022 A, RB<sup>(a)(g)</sup> | 4.13% | 10/01/2025 | $4000 | $3985552 |
|  California (State of) Pollution Control Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB<sup>(f)(g)</sup> | 5.00% | 07/01/2037 | 2000 | 1961382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB<sup>(f)(g)</sup> | 5.00% | 11/21/2045 | 4230 | 4014063 |
|  California (State of) Pollution Control Financing Authority (Aemerge Redpak Services Southern California LLC); Series 2016, RB (Acquired 01/22/2016-09/25/2017;<br>Cost $707,500)<sup>(b)(c)(f)(g)</sup> | 7.00% | 12/01/2027 | 710 | 71000 |
|  California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(b)(f)(g)</sup> | 7.50% | 07/01/2032 | 4950 | 2475000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB (Acquired 10/06/2020; Cost $955,203)<sup>(b)(c)(f)(g)</sup> | 7.50% | 07/01/2032 | 1000 | 580000 |
|  California (State of) Public Finance Authority (California University of Science and Medicine); Series 2019 A, RB<sup>(f)</sup> | 6.25% | 07/01/2054 | 3000 | 3213125 |
|  California (State of) Public Finance Authority (Enso Village) (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 3.13% | 05/15/2029 | 2000 | 1747835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 5.00% | 11/15/2036 | 500 | 455380 |
|  California (State of) Public Finance Authority (Excelsior Charter Schools);<br>Series 2020 A, RB<sup>(f)</sup> | 5.00% | 06/15/2040 | 1060 | 989520 |
|  California (State of) Public Finance Authority (Trinity Classical Academy);<br>Series 2019 B, RB<sup>(f)</sup> | 5.00% | 07/01/2026 | 250 | 240751 |
|  California (State of) School Finance Authority (New Designs Charter School);<br>Series 2012 A, RB | 5.25% | 06/01/2032 | 1000 | 1000498 |
|  California (State of) School Finance Authority (Sonoma County Junior College);<br>Series 2021, RB<sup>(f)</sup> | 4.00% | 11/01/2031 | 1000 | 903916 |
|  California (State of) School Finance Authority (TEACH Public Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(f)</sup> | 5.00% | 06/01/2029 | 275 | 276400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(f)</sup> | 5.00% | 06/01/2039 | 740 | 709501 |
|  California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.); Series 2012, RB | 5.25% | 11/15/2034 | 6250 | 6250134 |
|  California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing); Series 2016, Ref. RB<sup>(f)</sup> | 4.00% | 06/01/2026 | 410 | 399812 |
|  California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center); Series 2014, RB | 5.50% | 12/01/2054 | 1000 | 1005517 |
|  California (State of) Statewide Communities Development Authority (NCCD-Hooper Street LLC-California College of the Arts); Series 2019, RB<sup>(f)</sup> | 5.00% | 07/01/2029 | 900 | 873943 |
|  Golden State Tobacco Securitization Corp.; Series 2017 A-1, Ref. RB<sup>(a)(h)</sup> | 5.00% | 06/01/2027 | 145 | 159758 |
|  Irvine Unified School District (Community Facilities District No. 09-1); Series 2017 B, RB | 5.00% | 09/01/2033 | 225 | 235247 |
|  North City (City of), CA West School Facilities Financing Authority; Series 2012 A, RB<br>(INS - AGM)<sup>(e)</sup> | 5.00% | 09/01/2026 | 605 | 606174 |
|  Sacramento (County of), CA (Juvenile Courthouse); Series 2003, COP<br>(INS - AMBAC)<sup>(e)</sup> | 5.00% | 12/01/2034 | 5405 | 5414150 |
|  Sacramento (County of), CA (Metro Air Park Community); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 09/01/2029 | 2000 | 2117333 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 09/01/2030 | 2000 | 2126662 |
|  West Covina (City of), CA Public Financing Authority (Big League Dreams);<br>Series 2006 A, RB | 5.00% | 06/01/2030 | 2935 | 2940012 |
|  Whittier (City of), CA (Presbyterian Intercommunity Hospital, Inc.); Series 2014, RB | 5.00% | 06/01/2044 | 8395 | 8462376 |
|  |  |  |  | 97552074 |
|  **Colorado–6.21%** |  |  |  |  |
|  3rd and Havana Metropolitan District; Series 2020 A, GO Bonds | 4.50% | 12/01/2030 | 2490 | 2285187 |
|  Amber Creek Metropolitan District; Series 2017 A, Ref. GO Bonds | 5.00% | 12/01/2037 | 713 | 673695 |
|  Arista Metropolitan District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. GO Bonds | 4.38% | 12/01/2028 | 1000 | 946118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. GO Bonds | 5.00% | 12/01/2038 | 1240 | 1180883 |
|  Brighton Crossing Metropolitan District No. 6; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds | 5.00% | 12/01/2035 | 530 | 497187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds | 5.00% | 12/01/2040 | 515 | 466147 |
|  Canyon Pines Metropolitan District; Series 2022 A, GO Bonds<sup>(i)</sup> | 0.00% | 12/01/2027 | 8770 | 5941971 |
|  Canyons Metropolitan District No. 5; Series 2016, GO Bonds | 7.00% | 12/15/2057 | 1500 | 1005187 |
|  Centerra Metropolitan District No. 1; Series 2020 A, Ref. GO Bonds | 4.00% | 12/01/2029 | 1115 | 1028709 |
|  Clear Creek Station Metropolitan District No. 2; Series 2017 A, Ref. GO Bonds | 4.38% | 12/01/2032 | 738 | 685289 |
|  Clear Creek Transit Metropolitan District No. 2; Series 2021 A, GO Bonds | 5.00% | 12/01/2041 | 1100 | 984412 |
|  Colliers Hill Metropolitan District No. 2; Series 2022 B-2, GO Bonds | 7.63% | 12/15/2042 | 2000 | 1787964 |
|  Colorado (State of) Health Facilities Authority (Aberdeen Ridge); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 5.00% | 05/15/2035 | 5205 | 4668384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB | 2.63% | 05/15/2029 | 1125 | 1013863 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Colorado–(continued)** |  |  |  |  |
|  Colorado (State of) Health Facilities Authority (CommonSpirit Health); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 5.00% | 11/01/2027 | $600 | $641655 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 5.00% | 11/01/2028 | 500 | 538161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 5.00% | 11/01/2029 | 900 | 968468 |
|  Colorado (State of) Health Facilities Authority (Frasier Meadows Retirement Community); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 05/15/2025 | 525 | 526908 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 05/15/2026 | 475 | 476629 |
|  Colorado (State of) Health Facilities Authority (Ralston Creek at Arvada);<br>Series 2017 B, RB | 4.00% | 11/01/2027 | 4200 | 3718680 |
|  Colorado (State of) Health Facilities Authority (Sunny Vista Living Center);<br>Series 2015 A, Ref. RB<sup>(f)</sup> | 5.00% | 12/01/2025 | 105 | 95707 |
|  Colorado (State of) Health Facilities Authority (Volunteers of America Care);<br>Series 2007 A, RB | 5.30% | 07/01/2037 | 1345 | 1081143 |
|  Colorado (State of) International Center Metropolitan District No. 14; Series 2018, GO Bonds | 5.63% | 12/01/2032 | 1000 | 977154 |
|  Colorado (State of) Science and Technology Park Metropolitan District No. 1;<br>Series 2018, RB | 5.00% | 12/01/2033 | 1000 | 977215 |
|  Copper Ridge Metropolitan District; Series 2019, RB | 4.00% | 12/01/2029 | 2739 | 2500186 |
|  Copperleaf Metropolitan District No. 6; Series 2022 B, GO Bonds | 6.00% | 12/15/2041 | 1225 | 1151543 |
|  Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, COP | 5.00% | 12/01/2028 | 310 | 331011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, COP | 5.00% | 12/01/2029 | 500 | 529389 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, COP | 5.00% | 12/01/2030 | 350 | 370385 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, COP | 5.00% | 12/01/2031 | 375 | 395313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, COP | 5.00% | 12/01/2032 | 455 | 477443 |
|  Denver Gateway Center Metropolitan District; Series 2018 A, GO Bonds | 5.50% | 12/01/2038 | 1369 | 1346023 |
|  Dominion Water & Sanitation District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 12/01/2027 | 2185 | 2162201 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.25% | 12/01/2032 | 3415 | 3360302 |
|  Elbert & Highway 86 Commercial Metropolitan District; Series 2021 A, Ref. GO Bonds<sup>(f)</sup> | 5.00% | 12/01/2041 | 1700 | 1497676 |
|  Frisco (Town of), CO (Marina Enterprise); Series 2019, RB | 5.00% | 12/01/2036 | 600 | 602368 |
|  Granby Ranch Metropolitan District; Series 2018, Ref. GO Bonds<sup>(f)</sup> | 4.88% | 12/01/2028 | 675 | 654046 |
|  Highlands Metropolitan District No. 1; Series 2021, GO Bonds | 4.00% | 12/01/2031 | 1190 | 1042739 |
|  Independence Water & Sanitation District; Series 2019, RB | 7.25% | 12/01/2038 | 1254 | 1261653 |
|  Jefferson (County of), CO Center Metropolitan District No. 1; Series 2020 B, Ref. RB | 5.75% | 12/15/2050 | 5499 | 5191433 |
|  Kinston Metropolitan District No. 5; Series 2020 A, GO Bonds | 4.63% | 12/01/2035 | 1000 | 892827 |
|  Mirabelle Metropolitan District No. 2; Series 2020 A, GO Bonds | 5.00% | 12/01/2039 | 700 | 652021 |
|  Morgan Hill Metropolitan District No. 3; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 3.00% | 12/01/2031 | 980 | 781483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 3.50% | 12/01/2041 | 2940 | 2166630 |
|  Mulberry Metropolitan District No. 2; Series 2022, RB | 7.00% | 12/01/2034 | 6000 | 6079439 |
|  Neu Town Metropolitan District; Series 2018 A, Ref. GO Bonds | 5.13% | 12/01/2031 | 1445 | 1406617 |
|  Nexus North at DIA Metropolitan District; Series 2021, GO Bonds | 5.00% | 12/01/2041 | 520 | 465210 |
|  Nine Mile Metropolitan District; Series 2020, RB | 4.63% | 12/01/2030 | 2265 | 2113107 |
|  North Park Metropolitan District No. 1; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Seires 2018 A-2, RB | 5.13% | 12/01/2028 | 1500 | 1520103 |
| &nbsp;&nbsp;&nbsp;&nbsp; Seires 2018 A-2, RB | 5.50% | 12/01/2034 | 1000 | 1015750 |
|  Painted Prairie Metropolitain District No. 2; Series 2018, GO Bonds | 5.25% | 12/01/2048 | 2250 | 2056783 |
|  Peak Metropolitan District No. 1; Series 2021 A, GO Bonds<sup>(f)</sup> | 4.00% | 12/01/2035 | 540 | 452998 |
|  Plaza Metropolitan District No. 1; Series 2013, Ref. RB<sup>(f)</sup> | 5.00% | 12/01/2040 | 1465 | 1382133 |
|  Prairie Center Metropolitan District No. 7; Series 2021, GO Bonds | 6.38% | 06/15/2046 | 1330 | 1183235 |
|  Rampart Range Metropolitan District No. 5; Series 2021, RB | 4.00% | 12/01/2036 | 1250 | 1022064 |
|  Riverwalk Metropolitan District No. 2; Series 2022 A, RB | 4.50% | 12/01/2032 | 4000 | 3530440 |
|  Rocky Mountain Rail Park Metropolitan District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(f)</sup> | 5.00% | 12/01/2031 | 1945 | 1829962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(f)</sup> | 5.00% | 12/01/2041 | 2000 | 1724248 |
|  Southlands Metropolitan District No. 1; Series 2017 A-1, Ref. GO Bonds | 5.00% | 12/01/2037 | 500 | 484680 |
|  Thompson Crossing Metropolitan District No. 4; Series 2019, Ref. GO Bonds | 3.50% | 12/01/2029 | 515 | 463352 |
|  Transport Metropolitan District No. 3; Series 2021 A-1, GO Bonds | 5.00% | 12/01/2041 | 2700 | 2360341 |
|  Vauxmont Metropolitan District; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(e)</sup> | 3.25% | 12/15/2050 | 822 | 679383 |
|  Villages at Castle Rock Metropolitan District No. 6; Series 2021 B, Ref. GO Bonds<sup>(f)</sup> | 5.70% | 12/01/2051 | 166 | 144813 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Colorado–(continued)** |  |  |  |  |
|  Westerly Metropolitan District No. 4; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 4.13% | 12/01/2031 | $615 | $534949 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 5.00% | 12/01/2040 | 1000 | 901125 |
|  |  |  |  | 91884120 |
|  **Connecticut–0.45%** |  |  |  |  |
|  Connecticut (State of) (Transportation Infrastructure); Series 2014 A, RB | 5.00% | 09/01/2034 | 3250 | 3355925 |
|  Hamden (Town of), CT (Whitney Center); Series 2019, Ref. RB | 5.00% | 01/01/2030 | 3480 | 3320035 |
|  |  |  |  | 6675960 |
|  **Delaware–0.15%** |  |  |  |  |
|  Millsboro (Town of), DE (Plantation Lakes Special Development District);<br>Series 2018, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2028 | 2249 | 2254592 |
|  **District of Columbia–2.94%** |  |  |  |  |
|  District of Columbia (Ingleside at Rock Creek); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 4.13% | 07/01/2027 | 1160 | 1105617 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 07/01/2032 | 1500 | 1424294 |
|  District of Columbia Tobacco Settlement Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2001, RB | 6.50% | 05/15/2033 | 5785 | 5935446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2001, RB | 6.75% | 05/15/2040 | 24435 | 25154699 |
|  Metropolitan Washington Airports Authority; Series 2015 B, Ref. RB<sup>(g)</sup> | 5.00% | 10/01/2032 | 9575 | 9898747 |
|  |  |  |  | 43518803 |
|  **Florida–5.51%** |  |  |  |  |
|  Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB (Acquired 12/04/2020; Cost $185,453)<sup>(c)</sup> | 5.63% | 11/15/2029 | 185 | 156828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB (Acquired 06/04/2020; Cost $861,250)<sup>(c)</sup> | 6.00% | 11/15/2029 | 1000 | 853021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB (Acquired 01/17/2020; Cost $1,408,622)<sup>(c)</sup> | 6.00% | 11/15/2034 | 1500 | 1168782 |
|  Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB<sup>(f)</sup> | 5.00% | 11/15/2061 | 965 | 659819 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, RB<sup>(f)</sup> | 6.50% | 11/15/2033 | 100 | 86926 |
|  Amelia Concourse Community Development District; Series 2019 B-1, RB | 5.25% | 05/01/2029 | 240 | 243795 |
|  Broward (County of), FL; Series 2015 A, RB<sup>(g)</sup> | 5.00% | 10/01/2045 | 10000 | 10004632 |
|  Broward (County of), FL Housing Finance Authority (Golden Villas); Series 2008 B,<br>RB<sup>(a)(g)</sup> | 6.75% | 04/01/2025 | 40 | 40109 |
|  Cape Coral (City of), FL Health Facilities Authority (Gulf Care, Inc.); Series 2015, Ref. RB<sup>(f)</sup> | 5.88% | 07/01/2040 | 250 | 231780 |
|  Capital Trust Agency, Inc. (Elim Senior Housing, Inc.); Series 2017, RB<sup>(f)</sup> | 5.38% | 08/01/2032 | 1000 | 812095 |
|  Capital Trust Agency, Inc. (Franklin Academy); Series 2020, RB<sup>(f)</sup> | 5.00% | 12/15/2035 | 1085 | 1054615 |
|  Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(b)</sup> | 4.00% | 07/01/2028 | 750 | 135000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(b)</sup> | 4.25% | 07/01/2033 | 625 | 112500 |
|  Capital Trust Agency, Inc. (Imagine School at North Manatee); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 C, RB<sup>(f)</sup> | 5.00% | 06/01/2041 | 465 | 417779 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 3.25% | 06/01/2031 | 230 | 194685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 5.00% | 06/01/2041 | 975 | 875989 |
|  Capital Trust Agency, Inc. (Sarasota-Manatee Jewish Housing Council, Inc.);<br>Series 2017, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2027 | 1000 | 967782 |
|  Capital Trust Agency, Inc. (Sustainability Bonds); Series 2021, RB<sup>(f)</sup> | 4.00% | 06/15/2031 | 700 | 634112 |
|  Capital Trust Agency, Inc. (University Bridge LLC Student Housing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 4.00% | 12/01/2028 | 6310 | 5856400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 5.25% | 12/01/2043 | 2500 | 2334293 |
|  Capital Trust Agency, Inc. (Viera Charter Schools, Inc.); Series 2017 A, RB<sup>(f)</sup> | 4.00% | 10/15/2029 | 1605 | 1532351 |
|  Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)(g)</sup> | 5.00% | 10/01/2029 | 895 | 897244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)(g)</sup> | 4.00% | 10/01/2041 | 1800 | 1450674 |
|  Florida Development Finance Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 3.00% | 07/01/2031 | 325 | 289536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB<sup>(a)(f)(g)</sup> | 7.25% | 10/03/2023 | 3000 | 2981438 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Florida–(continued)** |  |  |  |  |
|  Florida Development Finance Corp. (Glenridge on Palmer Ranch); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 3.00% | 06/01/2023 | $115 | $113762 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 06/01/2024 | 100 | 98054 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 06/01/2025 | 110 | 106149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 06/01/2026 | 110 | 104580 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 06/01/2031 | 300 | 280824 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 06/01/2035 | 225 | 203026 |
|  Florida Development Finance Corp. (IPS Florida LLC-Idea); Series 2022, RB<sup>(f)</sup> | 5.25% | 06/15/2029 | 1000 | 971992 |
|  Florida Development Finance Corp. (Renaissance Charter School, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, Ref. RB<sup>(f)</sup> | 4.00% | 09/15/2030 | 470 | 431967 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, Ref. RB<sup>(f)</sup> | 5.00% | 09/15/2040 | 400 | 365994 |
|  Florida Development Finance Corp. (River City Science Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 4.00% | 07/01/2031 | 345 | 335279 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB | 5.00% | 07/01/2042 | 435 | 435993 |
|  Florida Development Finance Corp. (Virgin Trains USA Passenger Rail); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)(f)(g)</sup> | 6.25% | 01/01/2024 | 3405 | 3267933 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)(f)(g)</sup> | 6.38% | 01/01/2026 | 5000 | 4568202 |
|  Florida Housing Finance Corp.; Series 2015 A, RB (CEP - GNMA) | 3.65% | 07/01/2041 | 1140 | 1127289 |
|  Lake (County of), FL (Lakeside at Waterman Village); Series 2020 A, Ref. RB | 5.50% | 08/15/2030 | 3805 | 3702337 |
|  Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 5.00% | 07/15/2028 | 480 | 471112 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 5.38% | 07/15/2038 | 1300 | 1183876 |
|  Miami-Dade (County of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(g)</sup> | 5.00% | 10/01/2031 | 3000 | 3063539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(g)</sup> | 5.00% | 10/01/2032 | 5000 | 5093489 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(g)</sup> | 5.00% | 10/01/2034 | 5000 | 5068936 |
|  Orlando (City of), FL Community Redevelopment Agency (Conroy Road District);<br>Series 2012, Ref. RB | 5.00% | 04/01/2023 | 1095 | 1105841 |
|  Palm Beach (County of), FL Health Facilities Authority; Series 2020 B-1, RB | 3.00% | 06/01/2027 | 910 | 910000 |
|  Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.); Series 2016, Ref. RB | 5.00% | 11/15/2032 | 3000 | 3023442 |
|  Palm Beach (County of), FL Health Facilities Authority (Harbour's Edge);<br>Series 2004 A, RB | 6.00% | 11/15/2024 | 10 | 10014 |
|  Palm Beach (County of), FL Health Facilities Authority (Toby & Leon Cooperman);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 4.00% | 06/01/2031 | 1250 | 1123288 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 4.00% | 06/01/2036 | 2000 | 1682860 |
|  Pembroke Harbor Community Development District; Series 2008 A, RB | 7.00% | 05/01/2038 | 1060 | 1061836 |
|  Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding); Series 2019, RB | 5.00% | 07/01/2029 | 1620 | 1643791 |
|  Polk (County of), FL Industrial Development Authority (Carpenter's Home Estates); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. IDR | 5.00% | 01/01/2029 | 1000 | 990157 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. IDR | 5.00% | 01/01/2039 | 2050 | 1924764 |
|  Polk (County of), FL Industrial Development Authority (Mineral Development LLC); Series 2020, RB<sup>(f)(g)</sup> | 5.88% | 01/01/2033 | 3000 | 3005479 |
|  |  |  |  | 81467990 |
|  **Georgia–1.47%** |  |  |  |  |
|  Albany (City of) & Dougherty (Country of), GA Payroll Development Authority (Procter & Gamble Paper Products Co. (The)); Series 1998, RB<sup>(g)</sup> | 5.30% | 05/15/2026 | 810 | 811729 |
|  Burke (County of), GA Development Authority (Oglethorpe Power Corp.);<br>Series 2017 E, RB<sup>(a)</sup> | 3.25% | 02/03/2025 | 3000 | 2963827 |
|  Floyd (County of), GA Development Authority (The Spires at Berry College);<br>Series 2018 A, RB | 5.50% | 12/01/2028 | 1900 | 1853664 |
|  George L Smith II Congress Center Authority (Convention Center Hotel);<br>Series 2021, RB<sup>(f)</sup> | 3.63% | 01/01/2031 | 2750 | 2436134 |
|  Georgia (State of) Municipal Electric Authority (Plant Vogtle Units 3 & 4);<br>Series 2019 A, RB | 5.00% | 01/01/2034 | 2185 | 2325378 |
|  Georgia Municipal Association, Inc.; Series 1998, COP (INS - AGM)<sup>(e)</sup> | 5.00% | 12/01/2023 | 5 | 5011 |
|  Macon-Bibb (County of), GA Housing Authority (Green Meadows Apartments);<br>Series 2021 B, RB<sup>(a)</sup> | 4.50% | 05/01/2023 | 4250 | 4250819 |
|  Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.); Series 2017 A, RB<sup>(f)</sup> | 5.00% | 06/15/2027 | 390 | 389977 |
|  Marietta (City of), GA Developing Authority (Life University, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB<sup>(f)</sup> | 5.00% | 11/01/2023 | 2280 | 2293255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB<sup>(f)</sup> | 5.00% | 11/01/2037 | 2000 | 1940592 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Georgia–(continued)** |  |  |  |  |
|  Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens); Series 2018 A-1, RB | 5.75% | 12/01/2028 | $2630 | $2436032 |
|  |  |  |  | 21706418 |
|  **Guam–0.49%** |  |  |  |  |
|  Guam (Territory of); Series 2015 D, Ref. RB | 5.00% | 11/15/2033 | 3000 | 3050763 |
|  Guam (Territory of) Department of Education (John F. Kennedy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. COP | 4.25% | 02/01/2030 | 1500 | 1449955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. COP | 5.00% | 02/01/2040 | 2750 | 2693901 |
|  |  |  |  | 7194619 |
|  **Idaho–0.32%** |  |  |  |  |
|  Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.); Series 2017 A, Ref. RB | 4.00% | 11/15/2027 | 1015 | 982927 |
|  Idaho (State of) Housing & Finance Association (Compass Public Charter School, Inc.); Series 2018 A, RB<sup>(f)</sup> | 4.63% | 07/01/2029 | 170 | 171987 |
|  Idaho (State of) Housing & Finance Association (Future Public School); Series 2022 A, RB<sup>(f)</sup> | 4.00% | 05/01/2042 | 2280 | 1812306 |
|  Idaho (State of) Housing & Finance Association (North Star Charter School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 6.75% | 07/01/2036 | 526 | 554063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 6.75% | 07/01/2048 | 1061 | 1112556 |
|  Power County Industrial Development Corp. (FMC Corp.); Series 1999, RB<sup>(g)</sup> | 6.45% | 08/01/2032 | 130 | 130458 |
|  |  |  |  | 4764297 |
|  **Illinois–9.33%** |  |  |  |  |
|  Aurora (City of), IL (East River Area TIF No. 6); Series 2018 A, Ref. RB | 5.00% | 12/30/2027 | 820 | 796013 |
|  Aurora (City of), IL (River City TIF No. 3); Series 2018 B, Ref. RB | 4.50% | 12/30/2023 | 420 | 416379 |
|  Bartlett (Village of), IL (Quarry Redevelopment); Series 2016, Ref. RB | 4.00% | 01/01/2024 | 870 | 861574 |
|  Berwyn (City of), IL (South Berwyn Corridor); Series 2020, RB<sup>(f)</sup> | 4.00% | 12/01/2028 | 1440 | 1326586 |
|  Bradley (Village of), IL (Bradley Commons); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 01/01/2023 | 425 | 425100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 01/01/2024 | 455 | 455384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 01/01/2025 | 485 | 484833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 01/01/2026 | 505 | 503130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 01/01/2027 | 530 | 526316 |
|  Centerpoint Intermodal Center Program Trust; Series 2004 A, Revenue Ctfs.<sup>(a)(f)</sup> | 4.00% | 12/15/2022 | 320 | 319894 |
|  Chicago (City of), IL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. GO Bonds | 5.00% | 01/01/2035 | 11270 | 11252528 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB (INS - BAM)<sup>(e)</sup> | 5.00% | 01/01/2039 | 2000 | 2011564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.63% | 01/01/2029 | 1000 | 1032841 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.75% | 01/01/2034 | 1500 | 1535727 |
|  Chicago (City of), IL (Hearts United Apartments); Series 1999 A, RB (CEP - GNMA)<sup>(g)</sup> | 5.60% | 01/01/2041 | 70 | 70363 |
|  Chicago (City of), IL (Lakeshore East); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 2.87% | 12/01/2027 | 255 | 231474 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 3.04% | 12/01/2028 | 270 | 241270 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 3.20% | 12/01/2029 | 325 | 287187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 3.29% | 12/01/2030 | 342 | 299768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 3.38% | 12/01/2031 | 375 | 325695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 3.45% | 12/01/2032 | 300 | 258727 |
|  Chicago (City of), IL (O'Hare International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 C, RB<sup>(g)</sup> | 5.00% | 01/01/2046 | 8000 | 8003114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, RB | 5.25% | 01/01/2029 | 1500 | 1626912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, RB | 5.25% | 01/01/2030 | 3000 | 3246274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 G, RB<sup>(g)</sup> | 5.25% | 01/01/2028 | 250 | 264125 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 G, RB<sup>(g)</sup> | 5.25% | 01/01/2029 | 350 | 368607 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 G, RB<sup>(g)</sup> | 5.25% | 01/01/2030 | 400 | 421064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 G, RB<sup>(g)</sup> | 5.25% | 01/01/2031 | 350 | 368260 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Illinois–(continued)** |  |  |  |  |
|  Chicago (City of), IL Board of Education; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1998 B-1, GO Bonds (INS - NATL)<sup>(e)(i)</sup> | 0.00% | 12/01/2025 | $1000 | $890332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, GO Bonds | 5.00% | 12/01/2042 | 15000 | 14336141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C, Ref. GO Bonds | 5.00% | 12/01/2024 | 1000 | 1011537 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, Ref. GO Bonds | 5.00% | 12/01/2023 | 2000 | 2018500 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, Ref. GO Bonds | 5.00% | 12/01/2026 | 2000 | 2025303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. GO Bonds<sup>(i)</sup> | 0.00% | 12/01/2025 | 1000 | 887720 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. GO Bonds<sup>(i)</sup> | 0.00% | 12/01/2026 | 1000 | 849449 |
|  Cicero (Town of), IL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds<sup>(a)(h)</sup> | 5.00% | 12/01/2022 | 1005 | 1005000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds<sup>(a)(h)</sup> | 5.00% | 12/01/2022 | 725 | 725000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds<sup>(a)(h)</sup> | 5.00% | 12/01/2022 | 1295 | 1295000 |
|  East Dundee (Village of), IL (Route 25 South Redevelopment); Series 2012, RB | 5.25% | 12/01/2022 | 290 | 290000 |
|  Evanston (City of), IL (Roycemore School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 4.00% | 04/01/2032 | 245 | 205681 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 4.38% | 04/01/2041 | 830 | 625097 |
|  Hillside (Village of), IL (Mannheim Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 01/01/2024 | 650 | 651473 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 01/01/2030 | 2195 | 2167772 |
|  Illinois (State of); |  |  |  |  |
|  First Series 2020, GO Bonds (INS - NATL)<sup>(e)(j)(k)</sup> | 6.00% | 11/01/2026 | 3500 | 3681252 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, GO Bonds | 5.50% | 07/01/2033 | 1500 | 1511147 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, GO Bonds<sup>(j)(k)</sup> | 5.00% | 11/01/2023 | 2250 | 2282329 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, GO Bonds | 5.00% | 11/01/2025 | 4000 | 4128611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds<sup>(j)(k)</sup> | 6.00% | 05/01/2025 | 2500 | 2632291 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.38% | 05/01/2023 | 1000 | 1008518 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.50% | 05/01/2030 | 2000 | 2183839 |
|  Illinois (State of) Finance Authority; Series 2007, RB | 5.40% | 04/01/2027 | 140 | 138238 |
|  Illinois (State of) Finance Authority (Benedictine University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 10/01/2030 | 1000 | 1021009 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 10/01/2033 | 1000 | 1016516 |
|  Illinois (State of) Finance Authority (CITGO Petroleum Corp.); Series 2002, RB<sup>(g)</sup> | 8.00% | 06/01/2032 | 11805 | 11815072 |
|  Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School); Series 2015, RB<sup>(f)</sup> | 5.25% | 12/01/2025 | 255 | 259469 |
|  Illinois (State of) Finance Authority (Lutheran Communities Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 11/01/2027 | 2065 | 2018365 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 11/01/2035 | 2020 | 1824960 |
|  Illinois (State of) Finance Authority (Mercy Health System); Series 2016, Ref. RB | 5.00% | 12/01/2026 | 2700 | 2842774 |
|  Illinois (State of) Finance Authority (Montgomery Place); Series 2017, Ref. RB (Acquired 04/12/2017; Cost $1,127,311)<sup>(c)</sup> | 5.00% | 05/15/2024 | 1115 | 1097249 |
|  Illinois (State of) Finance Authority (Park Place of Elmhurst); Series 2016, RB | 5.13% | 05/15/2060 | 1089 | 786531 |
|  Illinois (State of) Finance Authority (Peace Village); Series 2013, RB<sup>(h)</sup> | 5.25% | 08/15/2023 | 160 | 162719 |
|  Illinois (State of) Finance Authority (Plymouth Place); Series 2015, Ref. RB<sup>(h)</sup> | 5.00% | 05/15/2025 | 160 | 165378 |
|  Illinois (State of) Finance Authority (Roosevelt University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007, RB | 5.50% | 04/01/2037 | 2000 | 1866337 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(f)</sup> | 6.13% | 04/01/2049 | 3000 | 2932322 |
|  Illinois (State of) Finance Authority (Rosalind Franklin University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2027 | 425 | 447531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2028 | 500 | 525554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2029 | 325 | 340840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2030 | 380 | 397845 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2031 | 375 | 391585 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/01/2033 | 470 | 487735 |
|  Illinois (State of) Finance Authority (Rush University Medical Center); Series 2015 A, Ref. RB | 5.00% | 11/15/2038 | 8700 | 8779577 |
|  Illinois (State of) Finance Authority (Three Crowns Park); Series 2017, Ref. RB | 4.00% | 02/15/2027 | 1795 | 1739499 |
|  Illinois (State of) Housing Development Authority (Lifelink Developments); Series 2006, RB (CEP - GNMA)<sup>(g)</sup> | 4.70% | 10/20/2026 | 220 | 220191 |
|  Illinois (State of) Medical District Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, COP (INS - NATL)<sup>(e)</sup> | 5.13% | 06/01/2026 | 50 | 50082 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, COP (INS - NATL)<sup>(e)</sup> | 5.25% | 06/01/2032 | 140 | 140182 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Illinois–(continued)** |  |  |  |  |
|  Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); Series 2022 B, RB | 5.00% | 12/15/2027 | $3000 | $3123191 |
|  Illinois (State of) Sports Facilities Authority; Series 2019, Ref. RB (INS - BAM)<sup>(e)</sup> | 5.00% | 06/15/2029 | 1000 | 1054911 |
|  Manhattan (Village of), IL Special Service Area No. 2004-1 (Brookstone Springs);<br>Series 2015, Ref. RB | 4.25% | 03/01/2024 | 159 | 158159 |
|  Morton Grove (Village of), IL (Sawmill Station Redevelopment); Series 2019, RB | 4.25% | 01/01/2029 | 880 | 830494 |
|  Regional Transportation Authority; Series 2018 B, RB<sup>(k)</sup> | 5.00% | 06/01/2030 | 3000 | 3308953 |
|  St. Clair County School District No. 189 (East St. Louis); Series 2011, GO Bonds | 5.50% | 01/01/2023 | 1540 | 1539537 |
|  Upper Illinois River Valley Development Authority (Morris Hospital); Series 2018, Ref. RB | 5.00% | 12/01/2027 | 1145 | 1214390 |
|  Yorkville (United City of), IL (United City Special Services Area); Series 2013, Ref. RB | 4.60% | 03/01/2025 | 940 | 922925 |
|  |  |  |  | 137992821 |
|  **Indiana–1.81%** |  |  |  |  |
|  Evansville (City of), IN (Silver Birch of Evansville); Series 2017, RB | 4.80% | 01/01/2028 | 400 | 367057 |
|  Indiana (State of) Finance Authority; Series 2022, Ref. RB<sup>(a)(g)</sup> | 4.50% | 11/15/2023 | 10000 | 10017483 |
|  Indiana (State of) Finance Authority (Irvington Community School); Series 2018 A, Ref. RB<sup>(f)</sup> | 5.50% | 07/01/2028 | 815 | 813026 |
|  Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 4.25% | 11/01/2030 | 1580 | 1538447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, RB | 3.00% | 11/01/2030 | 2000 | 1783469 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 C, RB | 3.00% | 11/01/2030 | 2000 | 1783469 |
|  Indiana (State of) Finance Authority (United States Steel Corp.); Series 2021 A, Ref. RB | 4.13% | 12/01/2026 | 5000 | 4876783 |
|  Indiana (State of) Finance Authority (University of Evansville); Series 2022 A, Ref. RB | 5.25% | 09/01/2037 | 1865 | 1870111 |
|  Indiana (State of) Municipal Power Agency; Series 2016 A, Ref. RB | 5.00% | 01/01/2037 | 1000 | 1051373 |
|  Lake County 2000 Building Corp.; Series 2012, RB (CEP - Colorado Higher Education Intercept Program) | 5.00% | 02/01/2024 | 2235 | 2236160 |
|  Mishawaka (City of), IN (Silver Birch of Mishwaka); Series 2017, RB<sup>(f)</sup> | 5.10% | 01/01/2032 | 555 | 484637 |
|  |  |  |  | 26822015 |
|  **Iowa–1.48%** |  |  |  |  |
|  Ackley (City of), IA (Grand Jivante); Series 2018 A, RB | 4.50% | 08/01/2033 | 600 | 496476 |
|  Clear Lake (City of), IA (Timbercrest Apartments, LLC); Series 2018, RB | 4.30% | 10/01/2028 | 660 | 617461 |
|  Iowa (State of) Finance Authority (Iowa Fertilizer Co.); Series 2022, Ref. RB<sup>(a)</sup> | 4.00% | 12/01/2032 | 9000 | 8522671 |
|  Iowa (State of) Finance Authority (Lifespace Communities, Inc.); Series 2018 A, RB | 4.13% | 05/15/2038 | 1250 | 1017118 |
|  Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 4.45% | 08/01/2028 | 625 | 578163 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 08/01/2033 | 500 | 451473 |
|  PEFA, Inc.; Series 2019, RB<sup>(a)</sup> | 5.00% | 09/01/2026 | 10000 | 10246057 |
|  |  |  |  | 21929419 |
|  **Kansas–0.99%** |  |  |  |  |
|  Lenexa (City of), KS (Lakeview Village, Inc.); Series 2018 A, Ref. RB | 5.00% | 05/15/2027 | 1440 | 1457140 |
|  Pittsburgh (City of), KS (North Broadway - Pittsburgh Town Center); Series 2006, RB | 4.80% | 04/01/2027 | 240 | 192829 |
|  University of Kansas Hospital Authority; Series 2015, Ref. RB | 5.00% | 09/01/2034 | 5000 | 5202931 |
|  Wichita (City of), KS (Kansas Masonic Home); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 II-A, RB (Acquired 05/01/2017; Cost $499,048)<sup>(c)</sup> | 4.25% | 12/01/2024 | 500 | 200000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 II-A, RB (Acquired 06/24/2016-11/06/2019; Cost $1,852,846)<sup>(c)</sup> | 5.00% | 12/01/2031 | 1800 | 720000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 II-A, RB (Acquired 06/24/2016-02/20/2018; Cost $1,014,861)<sup>(c)</sup> | 5.25% | 12/01/2036 | 1000 | 400000 |
|  Wichita (City of), KS (Larksfield Place); Series 2013 III, Ref. RB<sup>(a)(h)</sup> | 7.13% | 12/15/2023 | 1000 | 1043984 |
|  Wichita (City of), KS (Presbyterian Manors, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 I, Ref. RB | 5.00% | 05/15/2028 | 935 | 915354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 I, Ref. RB | 5.00% | 05/15/2033 | 500 | 467098 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 4.00% | 05/15/2023 | 655 | 652188 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2026 | 1110 | 1103035 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2027 | 1165 | 1149000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2028 | 1220 | 1194366 |
|  |  |  |  | 14697925 |
|  **Kentucky–0.58%** |  |  |  |  |
|  Ashland (City of), KY (King's Daughters Medical Center); Series 2016 A, Ref. RB | 5.00% | 02/01/2029 | 1000 | 1035088 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Kentucky–(continued)** |  |  |  |  |
|  Christian (County of), KY (Jennie Stuart Medical Center, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 02/01/2026 | $610 | $625401 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.50% | 02/01/2044 | 2170 | 2210125 |
|  Henderson (City of), KY (Pratt Paper LLC); Series 2022 B, RB<sup>(f)(g)</sup> | 3.70% | 01/01/2032 | 2500 | 2380905 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Christian Care Communities); Series 2021, Ref. RB | 4.25% | 07/01/2031 | 1000 | 875340 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway); Series 2015 A, RB | 5.00% | 07/01/2032 | 1000 | 1016296 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green); Series 2015, Ref. RB | 5.00% | 11/15/2025 | 380 | 370343 |
|  |  |  |  | 8513498 |
|  **Louisiana–2.07%** |  |  |  |  |
|  Calcasieu Parish Industrial Development Board, Inc. (Citgo Petroleum Corp.);<br>Series 1993, RB<sup>(g)</sup> | 6.00% | 07/01/2023 | 70 | 70080 |
|  Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Livingston (Parish of), LA Gomesha) (Green Bonds);<br>Series 2018, RB<sup>(f)</sup> | 5.38% | 11/01/2038 | 4095 | 4015459 |
|  Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Vermilion (Parish of), LA Gomesha) (Green Bonds);<br>Series 2019, RB<sup>(f)</sup> | 4.63% | 11/01/2038 | 1825 | 1646242 |
|  Louisiana (State of) Public Facilities Authority (Encore Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 5.00% | 06/01/2031 | 815 | 783889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 5.00% | 06/01/2041 | 1640 | 1379012 |
|  New Orleans (City of), LA Aviation Board; Series 2015 B, RB<sup>(g)</sup> | 5.00% | 01/01/2040 | 7700 | 7766199 |
|  New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2034 | 540 | 581881 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2036 | 1115 | 1183658 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2037 | 755 | 796181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2038 | 475 | 499704 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2032 | 1000 | 1094544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2033 | 715 | 778042 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(e)</sup> | 5.00% | 10/01/2034 | 515 | 557200 |
|  St. James (Parish of), LA (Nustar Logistics, L.P.); Series 2011, RB<sup>(a)(f)</sup> | 5.85% | 06/01/2025 | 4000 | 4105302 |
|  St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 11/15/2024 | 270 | 271045 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.25% | 11/15/2029 | 1550 | 1551946 |
|  Tobacco Settlement Financing Corp.; Series 2013 A, Ref. RB | 5.25% | 05/15/2035 | 3410 | 3462863 |
|  |  |  |  | 30543247 |
|  **Maine–0.04%** |  |  |  |  |
|  Maine (State of) Finance Authority (Supplemental Education Loan Program); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-1, RB (INS - AGC)<sup>(e)(g)</sup> | 5.00% | 12/01/2022 | 500 | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-1, RB (INS - AGC)<sup>(e)(g)</sup> | 5.00% | 12/01/2023 | 100 | 101993 |
|  |  |  |  | 601993 |
|  **Maryland–0.39%** |  |  |  |  |
|  Baltimore (City of), MD (Convention Center Hotel); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 09/01/2026 | 2160 | 2144828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 09/01/2027 | 1100 | 1089857 |
|  Baltimore (City of), MD (East Baltimore Research Park); Series 2017, Ref. RB | 4.00% | 09/01/2027 | 425 | 416393 |
|  Baltimore (City of), MD (Harbor Point); Series 2022, RB | 4.50% | 06/01/2033 | 400 | 382558 |
|  Howard (County of), MD (Downtown Columbia); Series 2017 A, RB<sup>(f)</sup> | 4.00% | 02/15/2028 | 480 | 463783 |
|  Maryland (State of) Health & Higher Educational Facilities Authority (Green Street Academy); Series 2017 A, RB<sup>(f)</sup> | 5.00% | 07/01/2027 | 400 | 401222 |
|  Maryland (State of) Health & Higher Educational Facilities Authority (Johns Hopkins Medical Institutions Parking Facilities); Series 1996, RB (INS - AMBAC)<sup>(e)</sup> | 5.50% | 07/01/2026 | 40 | 40294 |
|  Maryland Economic Development Corp. (AFCO Cargo BWI II, LLC); Series 2017, Ref. RB<sup>(f)(g)</sup> | 4.00% | 07/01/2024 | 855 | 847607 |
|  |  |  |  | 5786542 |
|  **Massachusetts–0.48%** |  |  |  |  |
|  Collegiate Charter School of Lowell; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 06/15/2029 | 490 | 496161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.00% | 06/15/2039 | 1000 | 982325 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Massachusetts–(continued)** |  |  |  |  |
|  Lynn Housing Authority & Neighborhood Development; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 3.60% | 10/01/2023 | $200 | $199245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 3.75% | 10/01/2024 | 250 | 248440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.00% | 10/01/2025 | 200 | 200561 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.00% | 10/01/2026 | 100 | 100297 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.00% | 10/01/2027 | 150 | 150492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.25% | 10/01/2028 | 320 | 321920 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.38% | 10/01/2029 | 385 | 387657 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.50% | 10/01/2030 | 690 | 695402 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Lawrence General Hospital); Series 2017, Ref. RB | 5.00% | 07/01/2028 | 675 | 654875 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility); Series 2018, RB<sup>(f)</sup> | 5.00% | 11/15/2033 | 1500 | 1565646 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Plantation Apartments L.P.); Series 2004 A, RB (LOC - Fleet National Bank)<sup>(g)(l)</sup> | 5.00% | 12/15/2024 | 1155 | 1155719 |
|  |  |  |  | 7158740 |
|  **Michigan–2.03%** |  |  |  |  |
|  Advanced Technology Academy; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 3.88% | 11/01/2029 | 1210 | 1111488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2034 | 400 | 380654 |
|  Detroit (City of), MI; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, GO Bonds | 5.00% | 04/01/2023 | 1000 | 1004835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, GO Bonds | 5.00% | 04/01/2026 | 1000 | 1034511 |
|  Ecorse (City of), MI; Series 2011, GO Bonds | 5.80% | 11/01/2026 | 1430 | 1433037 |
|  Kalamazoo Economic Development Corp. (Friendship Village of Kalamazoo);<br>Series 2021, Ref. RB<sup>(f)</sup> | 5.00% | 08/15/2031 | 1080 | 1019397 |
|  Michigan (State of) Finance Authority (Cesar Chavez Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 3.25% | 02/01/2024 | 195 | 191825 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 4.00% | 02/01/2029 | 700 | 659671 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 02/01/2033 | 830 | 808659 |
|  Michigan (State of) Finance Authority (Lawrence Technological University);<br>Series 2017, Ref. RB | 5.25% | 02/01/2027 | 4225 | 4262767 |
|  Michigan (State of) Finance Authority (Local Government Loan Program);<br>Series 2003 B-2, RB | 6.00% | 11/01/2023 | 10 | 10029 |
|  Michigan (State of) Finance Authority (Madison Academy); Series 2021, Ref. RB | 4.25% | 12/01/2039 | 1575 | 1221766 |
|  Michigan (State of) Finance Authority (Universal Learning Academy);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 11/01/2023 | 100 | 100244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.50% | 11/01/2028 | 500 | 509565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 6.00% | 11/01/2032 | 500 | 518056 |
|  Michigan (State of) Strategic Fund (Evangelical Homes); Series 2013, Ref. RB | 5.50% | 06/01/2047 | 3000 | 2685253 |
|  Michigan (State of) Strategic Fund (Friendship Village of Kalamazoo); Series 2021, Ref. RB<sup>(f)</sup> | 5.00% | 08/15/2031 | 810 | 764548 |
|  Michigan (State of) Strategic Fund (Green Bonds); Series 2021, RB<sup>(a)(g)</sup> | 4.00% | 10/01/2026 | 7610 | 7360117 |
|  Michigan (State of) Strategic Fund (I-75 Improvement Project); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 12/31/2032 | 1730 | 1768053 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 12/31/2033 | 2000 | 2039380 |
|  Waterford Township Economic Development Corp. (Canterbury Health Care, Inc.);<br>Series 2016 A, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2026 | 1280 | 1175781 |
|  |  |  |  | 30059636 |
|  **Minnesota–1.24%** |  |  |  |  |
|  Bethel (City of), MN (Benedictine Health System - St. Peter Communities);<br>Series 2018 A, Ref. RB | 5.00% | 12/01/2033 | 1250 | 1097123 |
|  Bethel (City of), MN (Spectrum High School); Series 2017 A, Ref. RB | 3.50% | 07/01/2027 | 620 | 573212 |
|  Brooklyn Park (City of), MN (Athlos Leadership Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 4.75% | 07/01/2025 | 530 | 518422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.25% | 07/01/2030 | 580 | 553444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.50% | 07/01/2035 | 665 | 612161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.75% | 07/01/2046 | 1400 | 1210792 |
|  Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul); Series 2015, RB (Acquired 01/18/2019; Cost $965,250)<sup>(c)</sup> | 5.75% | 08/01/2030 | 975 | 786540 |
|  Deephaven (City of), MN (Seven Hills Preparatory Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 4.38% | 10/01/2027 | 235 | 226797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 10/01/2037 | 1000 | 902606 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Minnesota–(continued)** |  |  |  |  |
|  Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 4.25% | 11/01/2028 | $1680 | $1611129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 11/01/2033 | 1070 | 1035856 |
|  Minneapolis (City of), MN (Spero Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(f)</sup> | 5.50% | 07/01/2027 | 590 | 593181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(f)</sup> | 6.00% | 07/01/2032 | 1080 | 1098053 |
|  Minnetonka (City of), MN (Preserve at Shady Oak); Series 2018 C, RB | 4.50% | 03/01/2033 | 250 | 199922 |
|  Ramsey (City of), MN; Series 2022 A, Ref. RB | 5.00% | 06/01/2032 | 2000 | 1961514 |
|  St. Louis Park (City of), MN (Place Via Sol Project); Series 2018, RB (Acquired 12/26/2018; Cost $2,000,000)<sup>(a)(b)(c)(f)</sup> | 6.00% | 07/01/2027 | 2000 | 1800000 |
|  St. Paul (City of), MN Housing & Redevelopment Authority (Great River School);<br>Series 2017 A, RB<sup>(f)</sup> | 5.25% | 07/01/2033 | 140 | 140956 |
|  St. Paul (City of), MN Housing & Redevelopment Authority (High School for Recording Arts); Series 2015, RB | 5.13% | 10/01/2023 | 80 | 79811 |
|  St. Paul (City of), MN Housing & Redevelopment Authority (Hmong College Prep Academy); Series 2016, Ref. RB | 5.00% | 09/01/2026 | 810 | 813092 |
|  St. Paul (City of), MN Housing & Redevelopment Authority (Rossy & Richard Shaller Family Sholom East Campus); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.00% | 10/01/2031 | 250 | 215937 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 4.13% | 10/01/2033 | 250 | 211262 |
|  St. Paul Park (City of), MN (Presbyterian Homes Bloomington); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 4.00% | 09/01/2031 | 585 | 557893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 4.00% | 09/01/2032 | 400 | 376786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 4.10% | 09/01/2033 | 500 | 468847 |
|  Wayzata (City of), MN (Folkstone Senior Living Co.); Series 2019, Ref. RB | 5.00% | 08/01/2035 | 100 | 99807 |
|  West St. Paul (City of), MN (Walker Westwood Ridge Campus); Series 2017, Ref. RB | 4.00% | 11/01/2030 | 650 | 584216 |
|  |  |  |  | 18329359 |
|  **Mississippi–0.79%** |  |  |  |  |
|  Mississippi (State of) Development Bank (Hospital Construction); Series 2014, RB | 5.00% | 09/01/2030 | 720 | 743693 |
|  Mississippi (State of) Development Bank (Jackson Co. Gomesa); Series 2021, RB<sup>(f)</sup> | 3.63% | 11/01/2036 | 3500 | 2765453 |
|  Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care); Series 2016, RB | 5.00% | 09/01/2046 | 3870 | 3828354 |
|  Mississippi Business Finance Corp. (Waste Pro USA Inc.); Series 2017, RB<sup>(a)(f)(g)</sup> | 5.00% | 08/02/2027 | 3000 | 2892185 |
|  Tunica (County of), MS; Series 2019, Ref. RB | 6.00% | 10/01/2040 | 1620 | 1422765 |
|  |  |  |  | 11652450 |
|  **Missouri–2.06%** |  |  |  |  |
|  Arnold Retail Corridor Transportation Development District; Series 2019, Ref. RB | 3.00% | 11/01/2028 | 145 | 132060 |
|  Branson (City of), MO Industrial Development Authority (Branson Shoppes Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 4.00% | 11/01/2025 | 1440 | 1392924 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 4.00% | 11/01/2026 | 750 | 715404 |
|  Cape Girardeau (County of), MO Industrial Development Authority (Procter & Gamble Paper Products Co. (The)); Series 1998, RB<sup>(g)</sup> | 5.30% | 05/15/2028 | 30 | 31091 |
|  I-470 Western Gateway Transportation Development District; Series 2019 A, RB<sup>(f)</sup> | 4.50% | 12/01/2029 | 1680 | 1639622 |
|  Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(f)</sup> | 4.25% | 04/01/2026 | 310 | 298971 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(f)</sup> | 5.00% | 04/01/2036 | 2000 | 1835289 |
|  Kansas City (City of), MO Land Clearance for Redevelopment Authority (Convention Center Hotel); Series 2018 B, RB<sup>(f)</sup> | 4.38% | 02/01/2031 | 960 | 805206 |
|  Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. IDR | 5.00% | 05/15/2026 | 1000 | 978614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. IDR | 5.00% | 05/15/2027 | 800 | 775479 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/15/2024 | 1700 | 1687770 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.25% | 05/15/2037 | 1000 | 899545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.25% | 05/15/2042 | 1000 | 866042 |
|  Lee's Summit (City of), MO Industrial Development Authority (John Knox Village Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 08/15/2034 | 490 | 458173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.25% | 08/15/2039 | 5235 | 4876148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 08/15/2032 | 2680 | 2552943 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Missouri–(continued)** |  |  |  |  |
|  Maryland Heights (City of), MO (Westport Plaza Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 3.63% | 11/01/2031 | $1365 | $1201604 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.13% | 11/01/2038 | 2500 | 2073362 |
|  Missouri (State of) Health & Educational Facilities Authority (Truman Medical Center, Inc.); Series 2017, RB<sup>(f)</sup> | 5.00% | 12/01/2037 | 300 | 308543 |
|  Northpark Lane Community Improvement District; Series 2018, RB | 4.50% | 11/01/2036 | 560 | 560984 |
|  Plaza at Noah's Ark Community Improvement District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 3.00% | 05/01/2023 | 150 | 149067 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 3.00% | 05/01/2024 | 200 | 195503 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 3.00% | 05/01/2025 | 225 | 216179 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 3.00% | 05/01/2026 | 275 | 259741 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 3.00% | 05/01/2030 | 725 | 640207 |
|  St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District); Series 2016, RB<sup>(f)</sup> | 4.25% | 10/01/2034 | 1325 | 1132492 |
|  St. Louis (City of), MO Land Clearance for Redevelopment Authority (Kiel Opera House Renovation); Series 2019, Ref. RB | 3.88% | 10/01/2035 | 2275 | 1804900 |
|  St. Louis (County of), MO Industrial Development Authority (Friendship Village West County); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.00% | 09/01/2025 | 1000 | 1000685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.00% | 09/01/2026 | 1000 | 997897 |
|  |  |  |  | 30486445 |
|  **Nebraska–0.07%** |  |  |  |  |
|  Douglas (County of), NE Hospital Authority No. 2 (NE Methodist Health); Series 2015, Ref. RB | 5.00% | 11/01/2045 | 1000 | 1009405 |
|  **Nevada–0.35%** |  |  |  |  |
|  Las Vegas (City of), NV Special Improvement District No. 607; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB | 5.00% | 06/01/2023 | 205 | 206148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB | 5.00% | 06/01/2024 | 50 | 50764 |
|  Las Vegas (City of), NV Special Improvement District No. 815; Series 2020, RB | 4.75% | 12/01/2040 | 350 | 334241 |
|  Nevada (State of) Department of Business & Industry (Doral Academy of Nevada);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(f)</sup> | 5.00% | 07/15/2027 | 335 | 337843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(f)</sup> | 5.00% | 07/15/2037 | 500 | 491829 |
|  Nevada (State of) Department of Business & Industry (Somerset Academy); Series 2018 A, RB<sup>(f)</sup> | 4.50% | 12/15/2029 | 525 | 520932 |
|  Sparks (City of), NV (Tourism Improvement District No. 1); Series 2019 A, Ref. RB<sup>(f)</sup> | 2.75% | 06/15/2028 | 2500 | 2217361 |
|  Tahoe-Douglas Visitors Authority; Series 2020, RB | 5.00% | 07/01/2032 | 1000 | 1037072 |
|  |  |  |  | 5196190 |
|  **New Hampshire–0.73%** |  |  |  |  |
|  New Hampshire (State of) Business Finance Authority; Series 2022-2A, RB | 4.00% | 10/20/2036 | 3992 | 3681316 |
|  New Hampshire (State of) Business Finance Authority (Covanta Green Bonds);<br>Series 2020 B, Ref. RB<sup>(a)(f)(g)</sup> | 3.75% | 07/02/2040 | 420 | 340697 |
|  New Hampshire (State of) Business Finance Authority (Covanta); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB<sup>(f)(g)</sup> | 4.00% | 11/01/2027 | 1500 | 1437829 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB<sup>(a)(f)</sup> | 3.63% | 07/02/2040 | 3455 | 2754112 |
|  New Hampshire (State of) Business Finance Authority (New York State Electric & Gas Corp.); Series 2022 A, Ref. RB<sup>(g)</sup> | 4.00% | 12/01/2028 | 2000 | 2028960 |
|  New Hampshire (State of) Health and Education Facilities Authority (Hillside Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB (Acquired 06/12/2017; Cost $1,323,137)<sup>(b)(c)(f)</sup> | 5.25% | 07/01/2027 | 1323 | 291090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, RB (Acquired 06/12/2017; Cost $1,214,615)<sup>(b)(c)(f)</sup> | 4.13% | 07/01/2024 | 1215 | 267215 |
|  |  |  |  | 10801219 |
|  **New Jersey–2.87%** |  |  |  |  |
|  Garden State Preservation Trust; Series 2005 A, RB (INS - AGM)<sup>(e)</sup> | 5.75% | 11/01/2028 | 180 | 197819 |
|  New Jersey (State of) Economic Development Authority; Series 2017 B, Ref. RB | 5.00% | 11/01/2023 | 1500 | 1528842 |
|  New Jersey (State of) Economic Development Authority (Beloved Community Charter School, Inc.); Series 2019 A, RB<sup>(f)</sup> | 5.00% | 06/15/2039 | 825 | 789190 |
|  New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1999, RB<sup>(g)</sup> | 5.25% | 09/15/2029 | 3000 | 3009997 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB<sup>(g)</sup> | 5.75% | 09/15/2027 | 6035 | 6036461 |
|  New Jersey (State of) Economic Development Authority (Golden Door Charter School); Series 2018 A, RB<sup>(f)</sup> | 5.13% | 11/01/2029 | 215 | 214187 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **New Jersey–(continued)** |  |  |  |  |
|  New Jersey (State of) Economic Development Authority (Hatikvah International Academy Charter School); Series 2017 A, RB<sup>(f)</sup> | 5.00% | 07/01/2027 | $395 | $389274 |
|  New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School); Series 2018 A, RB<sup>(f)</sup> | 4.75% | 10/01/2028 | 1305 | 1281480 |
|  New Jersey (State of) Economic Development Authority (New Jersey Transportation Bonds); Series 2020 A, RB | 5.00% | 11/01/2030 | 3225 | 3544524 |
|  New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.); Series 2019, Ref. RB | 5.13% | 06/15/2037 | 517 | 553373 |
|  New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.); Series 2012 C, RB | 5.00% | 07/01/2032 | 1385 | 1373512 |
|  New Jersey (State of) Economic Development Authority (School Facilities Construction); Series 2013, Ref. RB (SIFMA Municipal Swap Index + 1.60%)<sup>(m)</sup> | 3.45% | 03/01/2028 | 1000 | 1000461 |
|  New Jersey (State of) Economic Development Authority (Teaneck Community Charter School); Series 2017 A, Ref. RB<sup>(f)</sup> | 4.25% | 09/01/2027 | 210 | 206533 |
|  New Jersey (State of) Higher Education Student Assistance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB<sup>(g)</sup> | 5.00% | 12/01/2026 | 1000 | 1058411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB<sup>(g)</sup> | 5.00% | 12/01/2027 | 1000 | 1067663 |
|  New Jersey (State of) Transportation Trust Fund Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 A, RB<sup>(i)</sup> | 0.00% | 12/15/2028 | 715 | 560678 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 A, RB<sup>(i)</sup> | 0.00% | 12/15/2035 | 1000 | 540283 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 A, RB<sup>(i)</sup> | 0.00% | 12/15/2032 | 1465 | 943039 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 A, RB (INS - BAM)<sup>(e)(i)</sup> | 0.00% | 12/15/2028 | 4850 | 3894362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 AA, RB | 5.25% | 06/15/2031 | 1150 | 1160852 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 12/15/2024 | 1000 | 1039217 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RN<sup>(j)(k)</sup> | 5.00% | 06/15/2029 | 1000 | 1054049 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RN<sup>(j)(k)</sup> | 5.00% | 06/15/2030 | 2845 | 2995728 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 12/15/2033 | 2850 | 3088769 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RN<sup>(j)(k)</sup> | 5.00% | 06/15/2031 | 4680 | 4915417 |
|  Tobacco Settlement Financing Corp.; Series 2018 B, Ref. RB | 3.20% | 06/01/2027 | 45 | 44844 |
|  |  |  |  | 42488965 |
|  **New Mexico–0.24%** |  |  |  |  |
|  New Mexico (State of) Hospital Equipment Loan Council (La Vida Expansion);<br>Series 2019 C, RB | 2.25% | 07/01/2023 | 1525 | 1509296 |
|  Winrock Town Center Tax Increment Development District No. 1; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 3.75% | 05/01/2028 | 1008 | 939312 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(f)</sup> | 4.00% | 05/01/2033 | 1250 | 1085289 |
|  |  |  |  | 3533897 |
|  **New York–6.21%** |  |  |  |  |
|  Allegany County Capital Resource Corp. (Houghton College); Series 2022 A, Ref. RB | 5.00% | 12/01/2032 | 1385 | 1457147 |
|  Buffalo & Erie County Industrial Land Development Corp. (Medaille College); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(f)</sup> | 5.00% | 10/01/2028 | 375 | 375814 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(f)</sup> | 5.00% | 10/01/2038 | 2445 | 2275120 |
|  Build NYC Resource Corp. (Brooklyn Navy Yard); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(f)(g)</sup> | 5.25% | 12/31/2033 | 3000 | 2776109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(f)(g)</sup> | 5.50% | 12/31/2040 | 5000 | 4428775 |
|  Build NYC Resource Corp. (NY Preparatory Charter School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 4.00% | 06/15/2031 | 300 | 282344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 4.00% | 06/15/2041 | 525 | 429403 |
|  Build NYC Resource Corp. (Shefa School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 2.50% | 06/15/2031 | 375 | 315876 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 5.00% | 06/15/2051 | 750 | 684257 |
|  Erie Tobacco Asset Securitization Corp.; Series 2005 A, RB | 5.00% | 06/01/2045 | 3210 | 3059887 |
|  Metropolitan Transportation Authority; Series 2013 E, RB | 5.00% | 11/15/2038 | 1400 | 1403629 |
|  Metropolitan Transportation Authority (Green Bonds); Series 2020 E, Ref. RB | 5.00% | 11/15/2029 | 4100 | 4280049 |
|  Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB (Acquired 01/19/2016-02/28/2018; Cost $1,099,268)<sup>(c)</sup> | 5.00% | 01/01/2058 | 967 | 476615 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB (Acquired 09/07/2021; Cost $445,000)<sup>(c)(f)</sup> | 9.00% | 01/01/2041 | 445 | 371227 |
|  New York & New Jersey (States of) Port Authority; Series 2014, Ref. RB<sup>(g)</sup> | 5.00% | 10/15/2044 | 2380 | 2403393 |
|  New York (State of) Dormitory Authority (Montefiore Obligated Group);<br>Series 2018 A, Ref. RB | 5.00% | 08/01/2035 | 1250 | 1238046 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **New York–(continued)** |  |  |  |  |
|  New York Counties Tobacco Trust II; Series 2001, RB | 5.63% | 06/01/2035 | $95 | $96893 |
|  New York Counties Tobacco Trust VI; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.63% | 06/01/2035 | 1255 | 1280408 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 6.00% | 06/01/2043 | 3360 | 3412195 |
|  New York Liberty Development Corp. (3 World Trade Center); Series 2014,<br>Class 3, Ref. RB<sup>(f)</sup> | 7.25% | 11/15/2044 | 3000 | 3031764 |
|  New York State Environmental Facilities Corp. (Casella Waste Systems, Inc.); Series 2020, RB<sup>(a)(g)</sup> | 2.75% | 09/02/2025 | 1000 | 947977 |
|  New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport); Series 2020, Ref. RB<sup>(g)</sup> | 5.25% | 08/01/2031 | 3025 | 3097358 |
|  New York Transportation Development Corp. (American Airlines, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(g)</sup> | 5.00% | 08/01/2026 | 5495 | 5495372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(g)</sup> | 5.00% | 08/01/2031 | 8500 | 8500094 |
|  New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 01/01/2023 | 5000 | 5002489 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 01/01/2028 | 650 | 662734 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 01/01/2030 | 2000 | 2036362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 01/01/2031 | 5000 | 5086196 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(g)</sup> | 5.00% | 01/01/2032 | 4315 | 4380193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Special Facilities RB<sup>(g)</sup> | 5.00% | 01/01/2027 | 2495 | 2536405 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB<sup>(g)</sup> | 4.00% | 10/01/2030 | 5500 | 5358886 |
|  New York Transportation Development Corp. (Terminal 4 JFK International Airport); Series 2022, RB<sup>(g)</sup> | 5.00% | 12/01/2029 | 7000 | 7284111 |
|  Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB<sup>(b)</sup> | 5.00% | 07/01/2027 | 1000 | 495000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB<sup>(b)</sup> | 5.00% | 07/01/2032 | 1000 | 495000 |
|  Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities); Series 2017 A, RB<sup>(f)(g)</sup> | 7.00% | 06/01/2046 | 3500 | 3065973 |
|  Westchester County Local Development Corp.; Series 2021, Ref. RB<sup>(f)</sup> | 2.88% | 07/01/2026 | 3385 | 3265134 |
|  |  |  |  | 91788235 |
|  **North Dakota–0.26%** |  |  |  |  |
|  Burleigh (County of), ND (University of Mary); Series 2016, RB | 4.38% | 04/15/2026 | 820 | 805489 |
|  Horace (City of), ND; Series 2022 A, Ref. GO Bonds | 3.25% | 08/01/2024 | 3000 | 2986220 |
|  |  |  |  | 3791709 |
|  **Ohio–2.47%** |  |  |  |  |
|  Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.); Series 2014, Ref. RB | 5.00% | 08/01/2029 | 600 | 618450 |
|  Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Flats East Bank); Series 2010, RB | 6.00% | 11/15/2035 | 1000 | 1002770 |
|  Cleveland (City of), OH (Continental Airlines, Inc.); Series 1998, RB<sup>(g)</sup> | 5.38% | 09/15/2027 | 450 | 450118 |
|  Cuyahoga (County of), OH (MetroHealth System); Series 2017, Ref. RB | 5.00% | 02/15/2031 | 2500 | 2604448 |
|  Franklin (County of), OH (Wesley Communities); Series 2020, Ref. RB | 5.25% | 11/15/2040 | 1500 | 1397593 |
|  Greater Cincinnati (Port of), OH Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, RB | 6.30% | 02/15/2024 | 325 | 324133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, RB | 6.40% | 02/15/2034 | 1950 | 1884833 |
|  Greater Cincinnati (Port of), OH Development Authority (IPS Cincinnati LLC); Series 2021, RB<sup>(a)</sup> | 4.38% | 06/15/2026 | 1700 | 1565028 |
|  Lorain (County of), OH Port Authority (Kendal at Oberlin); Series 2013 A, Ref. RB<sup>(a)(h)</sup> | 5.00% | 11/15/2023 | 1500 | 1531778 |
|  Lucas Metropolitan Housing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.25% | 09/01/2023 | 260 | 264660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.25% | 09/01/2024 | 275 | 281064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.25% | 09/01/2025 | 290 | 296391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.25% | 09/01/2026 | 305 | 311714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.25% | 09/01/2027 | 320 | 327043 |
|  Marion (County of), OH (United Church Homes, Inc.); Series 2019, Ref. RB | 5.13% | 12/01/2049 | 2040 | 1795451 |
|  Muskingum (County of), OH (Genesis Healthcare System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 02/15/2033 | 1000 | 1000239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 02/15/2044 | 3000 | 2842120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 02/15/2048 | 7180 | 6641439 |
|  Ohio (State of) (Cleveland Clinic Health System Obligated Group); Series 2018, Ref. RB<sup>(f)</sup> | 5.00% | 12/01/2023 | 1460 | 1460448 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Ohio–(continued)** |  |  |  |  |
|  Ohio (State of) (Portsmouth Bypass); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(g)</sup> | 5.00% | 12/31/2025 | $340 | $353966 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(g)</sup> | 5.00% | 12/31/2039 | 1000 | 1002762 |
|  Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.);<br>Series 2019 A, Ref. PCR | 3.25% | 09/01/2029 | 2000 | 1840613 |
|  Ohio (State of) Air Quality Development Authority (Pratt Paper LLC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(f)(g)</sup> | 3.75% | 01/15/2028 | 820 | 803501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(f)(g)</sup> | 4.25% | 01/15/2038 | 250 | 233029 |
|  Ohio (State of) Housing Finance Agency (Sanctuary at Springboro); Series 2017, RB<sup>(f)</sup> | 5.13% | 01/01/2032 | 450 | 377604 |
|  RiverSouth Authority; Series 2007 A, RB | 5.75% | 12/01/2027 | 580 | 579950 |
|  Southern Ohio Port Authority (Purecycle); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(f)(g)</sup> | 6.25% | 12/01/2025 | 3620 | 3471635 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(f)(g)</sup> | 7.00% | 12/01/2042 | 1165 | 971175 |
|  Youngstown (City of), OH Metropolitan Housing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 3.20% | 06/15/2023 | 35 | 34891 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 4.00% | 12/15/2024 | 210 | 210099 |
|  |  |  |  | 36478945 |
|  **Oklahoma–0.68%** |  |  |  |  |
|  Comanche (County of), OK Hospital Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 07/01/2023 | 1000 | 1009766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 07/01/2025 | 615 | 620524 |
|  Oklahoma (State of) Development Finance Authority (Provident Oklahoma Education Resources, Inc.-Cross Village Student Housing); Series 2017 A, RB<sup>(b)</sup> | 5.00% | 08/01/2037 | 1650 | 1650 |
|  Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch); Series 2016 B-2, RB<sup>(b)</sup> | 4.75% | 11/01/2023 | 978 | 2446 |
|  Tulsa (City of), OK Municipal Airport Trust; Series 2001 C, Ref. RB<sup>(g)</sup> | 5.50% | 12/01/2035 | 2000 | 2004164 |
|  Tulsa (City of), OK Municipal Airport Trust (American Airlines Group, Inc.);<br>Series 2015, Ref. RB<sup>(a)(g)</sup> | 5.00% | 06/01/2025 | 6340 | 6400666 |
|  |  |  |  | 10039216 |
|  **Oregon–0.00%** |  |  |  |  |
|  Local Oregon Capital Assets Program; Series 2011 C, COP | 4.60% | 06/01/2031 | 35 | 35023 |
|  Oregon (State of) (Elderly & Disabled Housing); Series 1993 C, GO Bonds<sup>(g)</sup> | 5.65% | 08/01/2026 | 10 | 10024 |
|  |  |  |  | 45047 |
|  **Pennsylvania–2.64%** |  |  |  |  |
|  Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 04/01/2032 | 3000 | 3203590 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 04/01/2030 | 3875 | 4150402 |
|  Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.); Series 2019, Ref. RB | 4.88% | 11/01/2024 | 3000 | 3006118 |
|  Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills);<br>Series 2004, RB (Acquired 08/10/2017; Cost $500,092)<sup>(c)</sup> | 5.60% | 07/01/2023 | 508 | 456937 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 05/01/2034 | 500 | 514329 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 5.00% | 05/01/2035 | 1000 | 1019932 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront); Series 2021, RB<sup>(f)</sup> | 6.00% | 05/01/2042 | 690 | 689993 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(f)</sup> | 5.00% | 05/01/2027 | 2750 | 2728964 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup> | 5.00% | 05/01/2023 | 185 | 185656 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup> | 5.00% | 05/01/2028 | 1250 | 1237566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup> | 5.00% | 05/01/2033 | 500 | 482944 |
|  Chester (County of), PA Industrial Development Authority (Woodlands at Greystone); Series 2018, RB<sup>(f)</sup> | 4.38% | 03/01/2028 | 227 | 222763 |
|  Delaware Valley Regional Finance Authority; Series 1997 B, RB (INS - AMBAC)<sup>(e)</sup> | 5.70% | 07/01/2027 | 1000 | 1116150 |
|  Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2028 | 630 | 593212 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2030 | 910 | 841413 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Northampton (County of), PA Industrial Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB (Acquired 04/03/2013; Cost $308,057)<sup>(c)(n)(o)</sup> | 5.00% | 12/31/2023 | $350 | $63025 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(n)(o)</sup> | 5.00% | 12/31/2023 | 142 | 25522 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University); Series 2015, Ref. RB | 5.25% | 09/01/2050 | 10080 | 10203734 |
|  Philadelphia (City of), PA Authority for Industrial Development (Alliance for Progress Charter School, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 4.00% | 06/15/2029 | 765 | 723596 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 06/15/2039 | 920 | 882981 |
|  Philadelphia (City of), PA Authority for Industrial Development (La Salle University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/01/2027 | 1735 | 1694699 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/01/2028 | 1810 | 1754868 |
|  Philadelphia (City of), PA Authority for Industrial Development (University of the Arts); Series 2017, Ref. RB<sup>(f)</sup> | 5.00% | 03/15/2045 | 2000 | 1808054 |
|  Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2031 | 500 | 469326 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2032 | 1000 | 930586 |
|  |  |  |  | 39006360 |
|  **Puerto Rico–9.60%** |  |  |  |  |
|  Children's Trust Fund; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.38% | 05/15/2033 | 185 | 185059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.50% | 05/15/2039 | 13770 | 13735616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.63% | 05/15/2043 | 7645 | 7647057 |
|  PRPBA Custodial Trust; Series 2022, RB | 0.00% | 03/15/2049 | 278 | 2437 |
|  Puerto Rico (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(i)</sup> | 0.00% | 07/01/2024 | 1819 | 1671387 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(i)</sup> | 0.00% | 07/01/2033 | 2035 | 1116797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.25% | 07/01/2023 | 5006 | 5028176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2027 | 10510 | 10764681 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2029 | 3000 | 3075180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2033 | 3300 | 2875422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(i)</sup> | 0.00% | 11/01/2051 | 2118 | 947622 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2022, RN<sup>(i)</sup> | 0.00% | 11/01/2043 | 8027 | 3662515 |
|  Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 A, RB | 6.13% | 07/01/2024 | 655 | 668203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2029 | 5000 | 5057932 |
|  Puerto Rico (Commonwealth of) Electric Power Authority; Series 2004 PP, Ref. RB (Acquired 03/11/2014-01/23/2018; Cost $2,423,260) (INS - NATL)<sup>(c)(e)</sup> | 5.00% | 07/01/2023 | 2500 | 2513399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 RR, RB (Acquired 05/16/2013; Cost $100,000) (INS - SGI)<sup>(c)(e)</sup> | 5.00% | 07/01/2025 | 100 | 100380 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 RR, RB (Acquired 06/01/2017; Cost $155,000) (INS - AGC)<sup>(c)(e)</sup> | 5.00% | 07/01/2026 | 155 | 156037 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 SS, Ref. RB (Acquired 01/14/2013; Cost $1,000,000) (INS - NATL)<sup>(c)(e)</sup> | 5.00% | 07/01/2023 | 1000 | 1005360 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 TT, RB (Acquired 06/01/2017; Cost $165,000) (INS - NATL)<sup>(c)(e)</sup> | 5.00% | 07/01/2026 | 165 | 164779 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 TT, RB (Acquired 01/15/2019; Cost $1,201,463)<sup>(b)(c)</sup> | 5.00% | 07/01/2032 | 1990 | 1472600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 TT, RB (Acquired 08/08/2018; Cost $313,750)<sup>(b)(c)</sup> | 5.00% | 07/01/2037 | 500 | 370000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 TT, RB (Acquired 03/14/2014; Cost $1,198,682)<sup>(b)(c)</sup> | 5.00% | 12/01/2049 | 1380 | 1014300 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 UU, Ref. RB (Acquired 10/06/2017; Cost $9,976) (INS - AGM)<sup>(c)(e)</sup> | 5.00% | 07/01/2023 | 10 | 10067 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 UU, Ref. RB (Acquired 12/11/2018; Cost $1,435,000) (INS - AGC)<sup>(c)(e)</sup> | 5.00% | 07/01/2026 | 1435 | 1444603 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 VV, Ref. RB (Acquired 03/11/2014; Cost $1,621,881) (INS - NATL)<sup>(c)(e)</sup> | 5.25% | 07/01/2025 | 1705 | 1712816 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 VV, Ref. RB (Acquired 07/19/2018; Cost $1,046,359) (INS - NATL)<sup>(c)(e)</sup> | 5.25% | 07/01/2030 | 1000 | 1003546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 AAA, RB (Acquired 04/18/2013; Cost $5,685,000)<sup>(b)(c)</sup> | 5.25% | 07/01/2028 | 5685 | 4221112 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 CCC, RB (Acquired 05/26/2010; Cost $6,565,000)<sup>(b)(c)</sup> | 5.25% | 07/01/2026 | 6565 | 4874512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 DDD, Ref. RB (Acquired 08/27/2014; Cost $39,716) (INS - AGM)<sup>(c)(e)</sup> | 5.00% | 07/01/2023 | 40 | 40268 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 XX, RB (Acquired 04/25/2013; Cost $250,000)<sup>(b)(c)</sup> | 5.25% | 07/01/2027 | 250 | 185625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 XX, RB (Acquired 02/07/2020; Cost $1,453,125)<sup>(b)(c)</sup> | 5.25% | 07/01/2040 | 1875 | 1392187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 ZZ, Ref. RB (Acquired 03/04/2014; Cost $873,129)<sup>(b)(c)</sup> | 5.25% | 07/01/2025 | 1180 | 876150 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 ZZ, Ref. RB (Acquired 12/06/2013; Cost $5,500,903)<sup>(b)(c)</sup> | 5.00% | 12/01/2049 | 6280 | 4615800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 E-1, RB (Acquired 06/30/2016; Cost $899,595)<sup>(b)(c)</sup> | 10.00% | 12/01/2049 | 900 | 701684 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Puerto Rico–(continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 E-3, RB (Acquired 06/30/2016; Cost $299,864)<sup>(b)(c)</sup> | 10.00% | 12/01/2049 | $300 | $233894 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A-4, RB (Acquired 05/19/2016; Cost $1,199,460)<sup>(b)(c)</sup> | 0.00% | 12/01/2049 | 1199 | 935579 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B-4, RB (Acquired 06/22/2016; Cost $1,199,459)<sup>(b)(c)</sup> | 10.00% | 12/01/2049 | 1199 | 935578 |
|  Puerto Rico (Commonwealth of) Highway & Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 E, RB (INS - AGM)<sup>(e)</sup> | 5.50% | 07/01/2023 | 530 | 531817 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004 J, RB (INS - NATL)<sup>(e)</sup> | 5.00% | 07/01/2029 | 475 | 473927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 CC, Ref. RB (INS - NATL)<sup>(e)</sup> | 5.50% | 07/01/2029 | 15 | 15284 |
|  Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority; Series 2000, RB<sup>(g)</sup> | 6.63% | 06/01/2026 | 6580 | 6816180 |
|  Puerto Rico (Commonwealth of) Municipal Finance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 A, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 08/01/2027 | 1605 | 1615740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 A, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 08/01/2030 | 305 | 307041 |
|  Puerto Rico Public Finance Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2011 A, RB (Acquired 07/13/2011; Cost $36,772,755)<sup>(b)(c)</sup> | 6.50% | 08/01/2028 | 37400 | 1402500 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2011 B, RB (Acquired 12/08/2011-01/27/2012; Cost $10,676,959)<sup>(b)(c)</sup> | 6.00% | 08/01/2024 | 10675 | 400313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2011 B, RB (Acquired 12/08/2011-12/21/2011; Cost $17,314,488)<sup>(b)(c)</sup> | 6.00% | 08/01/2025 | 17475 | 655313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2011 B, RB (Acquired 12/08/2011-12/21/2011; Cost $6,421,751)<sup>(b)(c)</sup> | 6.00% | 08/01/2026 | 6495 | 243563 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2011 B, RB (Acquired 12/28/2011-01/24/2012; Cost $52,501,784)<sup>(b)(c)</sup> | 5.50% | 08/01/2031 | 54770 | 2053924 |
|  Puerto Rico Sales Tax Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup> | 0.00% | 07/01/2024 | 373 | 346807 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup> | 0.00% | 07/01/2027 | 1027 | 827747 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup> | 0.00% | 07/01/2029 | 1003 | 729689 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup> | 0.00% | 07/01/2033 | 11167 | 6449875 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB | 4.50% | 07/01/2034 | 7162 | 6761230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB | 4.55% | 07/01/2040 | 538 | 501056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup> | 0.00% | 07/01/2046 | 13831 | 3485759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(i)</sup> | 0.00% | 07/01/2051 | 11268 | 2120212 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB | 4.75% | 07/01/2053 | 3953 | 3611873 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.33% | 07/01/2040 | 5475 | 4959915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.54% | 07/01/2053 | 163 | 142214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.78% | 07/01/2058 | 2196 | 2007380 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2B, RB | 4.55% | 07/01/2040 | 1871 | 1742519 |
|  University of Puerto Rico; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 P, Ref. RB | 5.00% | 06/01/2023 | 2535 | 2525019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 Q, RB | 5.00% | 06/01/2025 | 5000 | 4916531 |
|  |  |  |  | 142061788 |
|  **Rhode Island–0.05%** |  |  |  |  |
|  Pawtucket (City of), RI Housing Authority; Series 2010, RB | 5.50% | 09/01/2028 | 195 | 197316 |
|  Rhode Island Housing and Mortgage Finance Corp.; Series 1992 10-A, RB | 6.50% | 04/01/2027 | 80 | 80181 |
|  Tobacco Settlement Financing Corp.; Series 2015 A, Ref. RB | 5.00% | 06/01/2026 | 500 | 513513 |
|  |  |  |  | 791010 |
|  **South Carolina–0.78%** |  |  |  |  |
|  South Carolina (State of) Jobs-Economic Development Authority (Green Charter Schools); Series 2021, Ref. RB<sup>(f)</sup> | 4.00% | 06/01/2036 | 2000 | 1666206 |
|  South Carolina (State of) Jobs-Economic Development Authority (Kiawah Life Plan Village, Inc.); Series 2021, RB<sup>(f)</sup> | 8.75% | 07/01/2025 | 1000 | 1032284 |
|  South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 04/01/2027 | 1655 | 1641561 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 04/01/2038 | 2500 | 2249147 |
|  South Carolina (State of) Jobs-Economic Development Authority (South Carolina SAVES Green Community Program - AAC East LLC) (Green Bonds); Series 2019, RB<sup>(f)</sup> | 7.00% | 05/01/2026 | 1485 | 1417273 |
|  South Carolina (State of) Jobs-Economic Development Authority (Virtus Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 4.00% | 06/15/2031 | 200 | 177515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 5.00% | 06/15/2041 | 920 | 804840 |
|  South Carolina (State of) Public Service Authority; Series 2014 A, RB | 5.50% | 12/01/2054 | 2450 | 2477117 |
|  |  |  |  | 11465943 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Tennessee–2.10%** |  |  |  |  |
|  Bristol (City of), TN Industrial Development Board (Pinnacle); Series 2016, RB | 5.00% | 06/01/2027 | $5525 | $5272128 |
|  Knox (County of), TN Health, Educational & Housing Facility Board (University Health); Series 2017, Ref. RB | 5.00% | 04/01/2036 | 2605 | 2671588 |
|  Memphis (City of) & Shelby (County of), TN Economic Development Growth Engine Industrial Development Board (Graceland); Series 2017 A, Ref. RB | 5.50% | 07/01/2037 | 350 | 255666 |
|  Metropolitan Development and Housing Agency (Fifth + Broadway Development); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup> | 4.50% | 06/01/2028 | 1215 | 1217102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)</sup> | 5.13% | 06/01/2036 | 1000 | 1009768 |
|  Nashville (City of) & Davidson (County of), TN Health and Educational Facilities Board of Metropolitan Government (Trousdale Foundation Properties); Series 2018 A, RB (Acquired 08/29/2018-01/31/2019; Cost $1,995,319)<sup>(c)(f)</sup> | 5.25% | 04/01/2028 | 2000 | 752000 |
|  Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.38% | 09/01/2041 | 205 | 172148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.50% | 09/01/2047 | 200 | 163416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(f)</sup> | 5.00% | 09/01/2024 | 1000 | 976338 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(f)</sup> | 5.00% | 09/01/2031 | 3000 | 2671274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(f)</sup> | 5.00% | 09/01/2037 | 1475 | 1222512 |
|  Tennergy Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(a)</sup> | 4.00% | 09/01/2028 | 3610 | 3539060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(a)</sup> | 5.50% | 12/01/2030 | 5950 | 6218275 |
|  Tennessee Energy Acquisition Corp.; Series 2018, RB<sup>(a)</sup> | 4.00% | 11/01/2025 | 5000 | 4978060 |
|  |  |  |  | 31119335 |
|  **Texas–6.75%** |  |  |  |  |
|  Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1); Series 2017, RB | 4.25% | 09/01/2027 | 315 | 312307 |
|  Arlington Higher Education Finance Corp. (Legacy Traditional Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 02/15/2031 | 1400 | 1251625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.13% | 02/15/2041 | 3325 | 2563009 |
|  Arlington Higher Education Finance Corp. (Newman International Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 08/15/2031 | 200 | 182308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 5.00% | 08/15/2041 | 600 | 545595 |
|  Arlington Higher Education Finance Corp. (UME Preparatory Academy); Series 2017 A, RB | 4.55% | 08/15/2028 | 585 | 569296 |
|  Arlington Higher Education Finance Corp. (Winfree Academy Charter School); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB | 5.50% | 08/15/2023 | 110 | 108128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.15% | 08/15/2029 | 890 | 886443 |
|  Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 07/15/2025 | 430 | 430812 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 07/15/2026 | 250 | 250232 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 07/15/2026 | 1000 | 1000927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 07/15/2033 | 1630 | 1580287 |
|  Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(g)</sup> | 7.00% | 03/01/2039 | 400 | 370396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)(g)</sup> | 9.00% | 03/01/2039 | 2145 | 2266699 |
|  Calhoun (County of), TX Navigation Industrial Development Authority; Series 2021, RN<sup>(f)(g)</sup> | 3.63% | 07/01/2026 | 7000 | 6295563 |
|  Clifton Higher Education Finance Corp. (International Leadership of Texas);<br>Series 2018 D, RB | 5.75% | 08/15/2033 | 2000 | 2036303 |
|  Crandall (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 4.13% | 09/15/2026 | 100 | 95480 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 4.75% | 09/15/2031 | 100 | 91962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)</sup> | 5.25% | 09/15/2051 | 500 | 456485 |
|  Edinburg Economic Development Corp.; Series 2019, RB<sup>(f)</sup> | 4.00% | 08/15/2029 | 585 | 546376 |
|  Gulf Coast Industrial Development Authority; Series 1998, RB<sup>(g)</sup> | 8.00% | 04/01/2028 | 340 | 340290 |
|  Harris (County of) & Houston (City of), TX Sports Authority; Series 2014 A, Ref. RB | 5.00% | 11/15/2030 | 2000 | 2059896 |
|  Houston (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 A, RB (INS - AGM)<sup>(e)(g)</sup> | 5.13% | 07/01/2032 | 5 | 5005 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 B, RB (INS - AGM)<sup>(e)</sup> | 5.00% | 07/01/2032 | 50 | 50075 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2011, Ref. RB<sup>(g)</sup> | 6.50% | 07/15/2030 | 1450 | 1450506 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B-1, RB<sup>(g)</sup> | 5.00% | 07/15/2030 | 5000 | 5031405 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Texas–(continued)** |  |  |  |  |
|  Houston (City of), TX Airport System (United Airlines, Inc. Terminal E); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(g)</sup> | 4.75% | 07/01/2024 | $3225 | $3231064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(g)</sup> | 5.00% | 07/01/2029 | 1500 | 1503097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB<sup>(g)</sup> | 5.00% | 07/01/2027 | 2325 | 2358136 |
|  Houston (City of), TX Airport System (United Airlines, Inc.); Series 2018, RB<sup>(g)</sup> | 5.00% | 07/15/2028 | 1750 | 1773897 |
|  Houston Higher Education Finance Corp. (Houston Baptist University); Series 2021, RB | 3.38% | 10/01/2037 | 700 | 587540 |
|  Love Field Airport Modernization Corp. (Southwest Airlines Co.); Series 2012, RB<sup>(g)</sup> | 5.00% | 11/01/2028 | 3000 | 3003062 |
|  Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.);<br>Series 2016, Ref. RB (Acquired 05/08/2018-12/17/2018; Cost $647,140)<sup>(b)(c)</sup> | 5.00% | 02/15/2035 | 650 | 539500 |
|  Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB<sup>(f)(g)</sup> | 4.63% | 10/01/2031 | 7500 | 7269477 |
|  New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 4.00% | 07/01/2023 | 1235 | 1219893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 4.00% | 07/01/2028 | 2915 | 2563317 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 07/01/2036 | 3950 | 3261506 |
|  New Hope Cultural Education Facilities Finance Corp. (Cumberland Academy);<br>Series 2020 A, RB<sup>(f)</sup> | 4.00% | 08/15/2030 | 5000 | 4674161 |
|  New Hope Cultural Education Facilities Finance Corp. (Morningside Ministries);<br>Series 2022, Ref. RB | 4.00% | 01/01/2032 | 1500 | 1294144 |
|  New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford); Series 2016 A, RB | 5.38% | 11/15/2036 | 1165 | 1042963 |
|  New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The)); Series 2022 B3, RB | 4.25% | 10/01/2026 | 1600 | 1574939 |
|  New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North); Series 2018, Ref. RB | 5.00% | 10/01/2024 | 1650 | 1637670 |
|  New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.);<br>Series 2019, Ref. RB | 5.00% | 01/01/2039 | 500 | 410652 |
|  Port Beaumont Navigation District (Jefferson Gulf Coast Energy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(f)(g)</sup> | 3.63% | 01/01/2035 | 3000 | 2445605 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)(g)</sup> | 2.50% | 01/01/2030 | 1000 | 814642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(f)(g)</sup> | 2.63% | 01/01/2031 | 800 | 639747 |
|  Red River Health Facilities Development Corp. (MRC Crossing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(h)</sup> | 6.75% | 11/15/2024 | 95 | 99110 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(a)(h)</sup> | 7.50% | 11/15/2024 | 100 | 108819 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(a)(h)</sup> | 7.75% | 11/15/2024 | 1815 | 1983628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(a)(h)</sup> | 8.00% | 11/15/2024 | 1355 | 1485924 |
|  Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 4.90% | 09/15/2024 | 130 | 128354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.38% | 09/15/2030 | 670 | 659453 |
|  Tarrant County Cultural Education Facilities Finance Corp. (Air Force Village Obligated Group); Series 2016, Ref. RB | 5.00% | 05/15/2037 | 1400 | 1288791 |
|  Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB (Acquired 12/15/2016; Cost $1,011,589)<sup>(b)(c)</sup> | 6.00% | 02/15/2031 | 1000 | 650000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB (Acquired 11/05/2019; Cost $3,271,528)<sup>(b)(c)</sup> | 6.38% | 02/15/2041 | 3000 | 1950000 |
|  Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B-2, Ref. RB | 3.00% | 11/15/2026 | 475 | 454599 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 4.00% | 11/15/2027 | 1000 | 948588 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 6.25% | 11/15/2031 | 1000 | 978556 |
|  Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way); Series 2020, RB | 5.75% | 12/01/2054 | 2355 | 1659704 |
|  Temple (City of), TX; Series 2018 A, RB | 5.00% | 08/01/2028 | 4320 | 4443003 |
|  Texas (State of) Department of Housing & Community Affairs (Skyway Villas Apartments); Series 2001 A, RB (INS - AMBAC)<sup>(e)(g)</sup> | 5.45% | 12/01/2022 | 110 | 110000 |
|  Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners Segments 3 LLC Segments 3A and 3B Facility); Series 2013, RB<sup>(g)</sup> | 6.75% | 06/30/2043 | 10000 | 10212291 |
|  Ysleta Independent School District Public Facility Corp.; Series 2001, Ref. RB<br>(INS - AMBAC)<sup>(e)</sup> | 5.38% | 11/15/2024 | 30 | 30299 |
|  |  |  |  | 99813541 |
|  **Utah–1.76%** |  |  |  |  |
|  Black Desert Public Infrastructure District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(f)</sup> | 3.25% | 03/01/2031 | 1550 | 1361454 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(f)</sup> | 3.50% | 03/01/2036 | 1750 | 1443957 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Utah–(continued)** |  |  |  |  |
|  Mida Golf and Equestrian Center Public Infrastructure District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, GO Bonds<sup>(f)</sup> | 4.13% | 06/01/2036 | $1790 | $1474498 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, GO Bonds<sup>(f)</sup> | 4.25% | 06/01/2041 | 2205 | 1744099 |
|  Mida Mountain Village Public Infrastructure District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(f)</sup> | 4.25% | 08/01/2035 | 1645 | 1526661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(f)</sup> | 4.50% | 08/01/2040 | 1205 | 1094781 |
|  Military Installation Development Authority; Series 2021 A-2, RB | 4.00% | 06/01/2036 | 1500 | 1264158 |
|  Salt Lake City (City of), UT; Series 2017 A, RB<sup>(g)</sup> | 5.00% | 07/01/2036 | 3000 | 3096703 |
|  UIPA Crossroads Public Infrastructure District; Series 2021, RB<sup>(f)</sup> | 4.13% | 06/01/2041 | 3000 | 2558589 |
|  Utah (State of) Charter School Finance Authority (Ascent Academies of Utah); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(f)</sup> | 4.25% | 06/15/2027 | 1810 | 1706347 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(f)</sup> | 4.50% | 06/15/2032 | 2000 | 1806100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(f)</sup> | 5.00% | 06/15/2037 | 2515 | 2257482 |
|  Utah (State of) Charter School Finance Authority (Beehive Science & Technology); Series 2021, RB<sup>(f)</sup> | 4.00% | 10/15/2041 | 2325 | 1812708 |
|  Utah (State of) Charter School Finance Authority (Freedom Academy Foundation (The)); Series 2017, Ref. RB<sup>(f)</sup> | 4.50% | 06/15/2027 | 170 | 166114 |
|  Utah (State of) Charter School Finance Authority (Merit Preparatory Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(f)</sup> | 4.50% | 06/15/2029 | 500 | 473373 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(f)</sup> | 5.00% | 06/15/2034 | 1270 | 1195559 |
|  Utah (State of) Charter School Finance Authority (Renaissance Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(f)</sup> | 3.50% | 06/15/2025 | 260 | 253102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(f)</sup> | 4.00% | 06/15/2030 | 520 | 492053 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(f)</sup> | 5.00% | 06/15/2040 | 350 | 336552 |
|  |  |  |  | 26064290 |
|  **Vermont–0.07%** |  |  |  |  |
|  Vermont (State of) Educational & Health Buildings Financing Agency<br>(St. Michael's College); Series 2012, RB | 5.00% | 10/01/2023 | 1000 | 1000948 |
|  **Virgin Islands–0.21%** |  |  |  |  |
|  Matching Fund Special Purpose Securitization Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB | 5.00% | 10/01/2025 | 1000 | 1021351 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB | 5.00% | 10/01/2026 | 1000 | 1026543 |
|  Virgin Islands (Government of) Port Authority; Series 2014 A, Ref. RB<sup>(g)</sup> | 5.00% | 09/01/2023 | 1000 | 995006 |
|  |  |  |  | 3042900 |
|  **Virginia–0.81%** |  |  |  |  |
|  Hanover (County of), VA Economic Development Authority (Covenant Woods);<br>Series 2018, Ref. RB | 5.00% | 07/01/2038 | 250 | 246005 |
|  Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 01/01/2034 | 1000 | 979153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, RB | 4.00% | 01/01/2025 | 3200 | 3146058 |
|  Peninsula Town Center Community Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(f)</sup> | 4.00% | 09/01/2023 | 140 | 138554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(f)</sup> | 4.50% | 09/01/2028 | 1450 | 1360886 |
|  Roanoke (City of), VA Economic Development Authority (Richfield Living); Series 2020, RB (Acquired 01/23/2020; Cost $770,000)<sup>(c)</sup> | 4.30% | 09/01/2030 | 770 | 605786 |
|  Virginia (Commonwealth of) Small Business Financing Authority (95 Express Lanes LLC); Series 2022, Ref. RB<sup>(g)</sup> | 5.00% | 01/01/2037 | 3200 | 3295775 |
|  Virginia (Commonwealth of) Small Business Financing Authority (Covanta);<br>Series 2018, RB<sup>(a)(f)(g)</sup> | 5.00% | 07/01/2038 | 2310 | 2218084 |
|  |  |  |  | 11990301 |
|  **Washington–1.25%** |  |  |  |  |
|  Kalispel Tribe of Indians; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(f)</sup> | 5.00% | 01/01/2032 | 400 | 419584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(f)</sup> | 5.00% | 01/01/2032 | 100 | 104896 |
|  Kelso (City of), WA Housing Authority; Series 1998, RB | 5.60% | 03/01/2028 | 120 | 119997 |
|  King (County of), WA Housing Authority (Rural Preservation); Series 1997, RB<sup>(g)</sup> | 5.75% | 01/01/2028 | 5 | 5002 |
|  King (County of), WA Public Hospital District No. 4; Series 2015 A, RB | 6.25% | 12/01/2045 | 1175 | 1204592 |
|  Port of Seattle Industrial Development Corp. (Delta Airlines); Series 2012, Ref. RB<sup>(g)</sup> | 5.00% | 04/01/2030 | 6475 | 6476019 |
|  Washington (State of) Convention Center Public Facilities District (Green Notes); Series 2021, RB | 4.00% | 07/01/2031 | 1550 | 1400762 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Washington–(continued)** |  |  |  |  |
|  Washington (State of) Health Care Facilities Authority (Providence Health & Services); Series 2014 C, RB | 5.00% | 10/01/2044 | $4165 | $4187135 |
|  Washington (State of) Housing Finance Commission (Bayview Manor Homes);<br>Series 2016 A, Ref. RB<sup>(f)</sup> | 4.00% | 07/01/2026 | 440 | 418796 |
|  Washington (State of) Housing Finance Commission (Judson Park); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(f)</sup> | 3.70% | 07/01/2023 | 80 | 79348 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(f)</sup> | 5.00% | 07/01/2038 | 385 | 346358 |
|  Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.); Series 2016, Ref. RB<sup>(f)</sup> | 5.00% | 01/01/2036 | 1755 | 1555082 |
|  Washington (State of) Housing Finance Commission (Spokane International Academy); Series 2021 A, RB<sup>(f)</sup> | 4.00% | 07/01/2040 | 1640 | 1337658 |
|  Washington (State of) Housing Finance Commission (The Hearthstone);<br>Series 2018 A, Ref. RB<sup>(f)</sup> | 4.50% | 07/01/2028 | 965 | 884708 |
|  |  |  |  | 18539937 |
|  **West Virginia–0.43%** |  |  |  |  |
|  Harrison (County of), WV Commission (Charles Pointe No. 2); Series 2008 A, Ref. RB | 6.50% | 06/01/2023 | 175 | 172310 |
|  Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District); Series 2019 A, RB<sup>(f)</sup> | 5.75% | 06/01/2042 | 1000 | 731509 |
|  Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 07/01/2025 | 360 | 369861 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 07/01/2026 | 460 | 468769 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 07/01/2027 | 560 | 569752 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 4.00% | 07/01/2035 | 190 | 176639 |
|  Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District); Series 2017 A, Ref. RB<sup>(f)</sup> | 4.50% | 06/01/2027 | 2915 | 2876525 |
|  West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB<sup>(f)(g)</sup> | 6.75% | 02/01/2026 | 1000 | 700000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(f)(g)</sup> | 8.75% | 02/01/2036 | 320 | 256000 |
|  |  |  |  | 6321365 |
|  **Wisconsin–4.18%** |  |  |  |  |
|  Lomira (Village of), WI Community Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB | 3.65% | 10/01/2028 | 705 | 705114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB | 3.75% | 10/01/2029 | 175 | 175093 |
|  Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group); Series 2017, Ref. RB | 5.00% | 08/01/2027 | 500 | 473653 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community); Series 2017, Ref. RB | 5.00% | 06/01/2028 | 1205 | 1200995 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2028 | 935 | 910246 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2030 | 1035 | 992492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/01/2039 | 1000 | 892645 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Clement Manor, Inc.); Series 2019, Ref. RB | 4.25% | 08/01/2034 | 1000 | 734961 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Hope Christian Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 3.00% | 12/01/2031 | 560 | 458184 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 12/01/2041 | 850 | 658828 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Oakwood Lutheran Senior Ministries); Series 2021, Ref. RB | 4.00% | 01/01/2037 | 1470 | 1228965 |
|  Wisconsin (State of) Public Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(f)</sup> | 4.00% | 03/01/2030 | 1810 | 1650402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, RB<sup>(f)</sup> | 7.00% | 02/01/2028 | 700 | 694496 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(f)</sup> | 5.38% | 06/01/2037 | 335 | 319275 |
|  Wisconsin (State of) Public Finance Authority (Alabama Proton Therapy Center);<br>Series 2017 A, RB<sup>(f)</sup> | 6.25% | 10/01/2031 | 2000 | 1729852 |
|  Wisconsin (State of) Public Finance Authority (Alamance Community School);<br>Series 2021 A, RB<sup>(f)</sup> | 5.00% | 06/15/2041 | 510 | 413610 |
|  Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(b)(f)</sup> | 6.25% | 08/01/2027 | 500 | 410281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(b)(f)</sup> | 6.75% | 08/01/2031 | 500 | 299662 |
|  Wisconsin (State of) Public Finance Authority (Ascend Leadership Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 4.25% | 06/15/2031 | 550 | 479723 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 5.00% | 06/15/2041 | 615 | 516423 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Wisconsin–(continued)** |  |  |  |  |
|  Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB<sup>(f)</sup> | 5.00% | 06/01/2025 | $650 | $646841 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB<sup>(f)</sup> | 5.00% | 06/01/2026 | 1005 | 993913 |
|  Wisconsin (State of) Public Finance Authority (Community School of Davidson); Series 2018, RB | 5.00% | 10/01/2033 | 390 | 387719 |
|  Wisconsin (State of) Public Finance Authority (Coral Academy of Science Reno); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(f)</sup> | 5.00% | 06/01/2029 | 375 | 369692 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB<sup>(f)</sup> | 5.00% | 06/01/2039 | 1415 | 1279089 |
|  Wisconsin (State of) Public Finance Authority (Delray Beach Radiation Therapy Center); Series 2017 A, RB (Acquired 04/03/2017; Cost $1,500,000)<sup>(b)(c)(f)</sup> | 5.75% | 11/01/2024 | 1500 | 900000 |
|  Wisconsin (State of) Public Finance Authority (Explore Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(f)</sup> | 6.13% | 02/01/2039 | 4310 | 3861638 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB<sup>(f)</sup> | 7.00% | 02/01/2025 | 470 | 469417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(f)</sup> | 6.13% | 02/01/2039 | 4175 | 3740682 |
|  Wisconsin (State of) Public Finance Authority (Mallard Creek Stem Academy); Series 2019 A, RB<sup>(f)</sup> | 4.38% | 06/15/2029 | 1655 | 1591651 |
|  Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(g)</sup> | 7.25% | 06/01/2035 | 3800 | 3560177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(f)(g)</sup> | 7.13% | 06/01/2041 | 160 | 142483 |
|  Wisconsin (State of) Public Finance Authority (New Plan Learning, Inc.);<br>Series 2021 A, Ref. RB | 3.75% | 07/01/2031 | 3780 | 3175199 |
|  Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 4.00% | 06/15/2029 | 555 | 523185 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 5.00% | 06/15/2039 | 440 | 414930 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(f)</sup> | 5.00% | 06/15/2049 | 540 | 484526 |
|  Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.); Series 2018 A, RB | 5.00% | 12/01/2027 | 4640 | 4738334 |
|  Wisconsin (State of) Public Finance Authority (Proton International); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 5.50% | 01/01/2031 | 5375 | 4694109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(f)</sup> | 6.50% | 01/01/2041 | 3110 | 2509069 |
|  Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences); Series 2022, Ref. RB<sup>(f)</sup> | 4.00% | 04/01/2032 | 915 | 830159 |
|  Wisconsin (State of) Public Finance Authority (Searstone CCRC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB<sup>(f)</sup> | 4.00% | 06/01/2031 | 2500 | 2187643 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB<sup>(f)</sup> | 4.00% | 06/01/2036 | 1500 | 1208317 |
|  Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy);<br>Series 2022 A, RB<sup>(f)</sup> | 4.50% | 06/15/2032 | 500 | 468566 |
|  Wisconsin (State of) Public Finance Authority (WhiteStone); Series 2017, Ref. RB<sup>(f)</sup> | 4.00% | 03/01/2027 | 1110 | 1060562 |
|  Wisconsin (State of) Public Finance Authority (Wingate University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.25% | 10/01/2029 | 1825 | 1905865 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.25% | 10/01/2030 | 1925 | 2000229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.25% | 10/01/2031 | 1030 | 1066042 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.25% | 10/01/2032 | 720 | 742969 |
|  Wisconsin (State of) Public Finance Authority (Wittenberg University); Series 2016, RB<sup>(f)</sup> | 5.25% | 12/01/2039 | 1000 | 932865 |
|  |  |  |  | 61830771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Municipal Obligations (Cost $1,665,125,008) |  |  |  | 1462676574 |
|  **U.S. Dollar Denominated Bonds & Notes–0.28%** |  |  |  |  |
|  **California–0.18%** |  |  |  |  |
|  CalPlant I LLC; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 21A<sup>(f)(n)</sup> | 9.50% | 12/12/2022 | 255 | 255000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 21B<sup>(f)(n)</sup> | 9.50% | 12/12/2022 | 955 | 955000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22A<sup>(f)(n)</sup> | 9.50% | 12/12/2022 | 530 | 530000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22B<sup>(f)(n)</sup> | 9.50% | 12/30/2022 | 45 | 45000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22C<sup>(f)(n)</sup> | 9.50% | 12/30/2022 | 345 | 345000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22X<sup>(f)</sup> | 9.50% | 01/31/2023 | 520 | 521945 |
|  |  |  |  | 2651945 |
|  **Pennsylvania–0.10%** |  |  |  |  |
|  Talen Energy Supply LLC<sup>(b)</sup> | 6.50% | 06/01/2025 | 3000 | 1515000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes (Cost $5,297,774) |  |  |  | 4166945 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
|  **Common Stocks & Other Equity Interests–0.01%** |  |  |
|  **Quebec–0.01%** |  |  |
|  Resolute Forest Products, Inc. (Cost $80,903) | 6757 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142573 |
|  TOTAL INVESTMENTS IN SECURITIES<sup>(p)</sup>–99.17% (Cost $1,670,503,685) |  | 1466986092 |
|  FLOATING RATE NOTE OBLIGATIONS–(1.00)%<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Notes with interest and fee rates ranging from 2.45% to 2.46% at 11/30/2022 and contractual maturities of collateral ranging from 11/01/2023 to 06/15/2031<sup>(q)</sup> |  | (14750000) |
|  OTHER ASSETS LESS LIABILITIES–1.83% |  | 27019722 |
|  NET ASSETS–100.00% |  | $1479255814 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| AGC | – Assured Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – American Municipal Bond Assurance Corp. |
| BAM | – Build America Mutual Assurance Co. |
| CEP | – Credit Enhancement Provider |
| COP | – Certificates of Participation |
| Ctfs. | – Certificates |
| FGIC | – Financial Guaranty Insurance Company |
| GNMA | – Government National Mortgage Association |
| GO | – General Obligation |
| IDR | – Industrial Development Revenue Bonds |
| INS | – Insurer |
| LOC | – Letter of Credit |
| NATL | – National Public Finance Guarantee Corp. |
| PCR | – Pollution Control Revenue Bonds |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| RN | – Revenue Notes |
| SGI | – Syncora Guarantee, Inc. |
| SIFMA | – Securities Industry and Financial Markets Association |
| Wts. | – Warrants |

---

Notes to Schedule of Investments:

<sup>(a)</sup> Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

<sup>(b)</sup> Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at November 30, 2022 was $42,500,128, which represented 2.87% of the Fund's Net Assets. 

<sup>(c)</sup> Restricted security. The aggregate value of these securities at November 30, 2022 was $52,817,854, which represented 3.57% of the Fund's Net Assets. 

<sup>(d)</sup> Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date.

<sup>(e)</sup> Principal and/or interest payments are secured by the bond insurance company listed.

<sup>(f)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at November 30, 2022 was $346,054,509, which represented 23.39% of the Fund's Net Assets. 

<sup>(g)</sup> Security subject to the alternative minimum tax.

<sup>(h)</sup> Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

<sup>(i)</sup> Zero coupon bond issued at a discount.

<sup>(j)</sup> Security is subject to a reimbursement agreement which may require the Fund to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the TOB Trusts. In case of a shortfall, the maximum potential amount of payments the Fund could ultimately be required to make under the agreement is $12,740,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts. 

<sup>(k)</sup> Underlying security related to TOB Trusts entered into by the Fund.

<sup>(l)</sup> Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

<sup>(m)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2022.

<sup>(n)</sup> Security valued using significant unobservable inputs (Level 3). See Note 1.

<sup>(o)</sup> The issuer is paying less than stated interest, but is not in default on principal because scheduled principal payments have not yet begun.

<sup>(p)</sup> Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer's obligations but may be called upon to satisfy the issuer's obligations. No concentration of any single entity was greater than 5% each. 

<sup>(q)</sup> Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2022. At November 30, 2022, the Fund's investments with a value of $20,870,019 are held by TOB Trusts and serve as collateral for the $14,750,000 in the floating rate note obligations outstanding at that date. 

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** |
| **Short Futures Contracts** | **Number of<br>Contracts** | **Expiration<br>Month** | **Notional<br>Value** | **Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Interest Rate Risk** |  |  |  |  |  |
|  U.S. Treasury 10 Year Notes | 203 | March-2023 | $(23040500) | $(111016) | $(111016) |

---

<sup>(a)</sup> Futures contracts collateralized by $3,031,355 cash held with Goldman Sachs & Co., the futures commission merchant. 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Short Duration High Yield Municipal Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings** 

*November 30, 2022* 

*(Unaudited)* 

**NOTE 1–Additional Valuation Information** 

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

---

| | |
|:---|:---|
| Level 1 – | Prices are determined using quoted prices in an active market for identical assets. |
| Level 2 – | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. |
| Level 3 – | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |

---

The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Investments in Securities** |  |  |  |  |
|  Municipal Obligations | $– | $1462588027 | $88547 | $1462676574 |
|  U.S. Dollar Denominated Bonds & Notes |  | 2036945 | 2130000 | 4166945 |
|  Common Stocks & Other Equity Interests | 142573 |  |  | 142573 |
|  **Total Investments in Securities** | 142573 | 1464624972 | 2218547 | 1466986092 |
|  **Other Investments - Assets** |  |  |  |  |
|  Investments Matured | &nbsp;&nbsp;&nbsp;&nbsp;– | 3625077 |  | 3625077 |
|  **Other Investments - Liabilities\*** |  |  |  |  |
|  Futures Contracts | (111016) |  |  | (111016) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments** | $31557 | $1468250049 | $2218547 | $1470500153 |

---

\* Unrealized appreciation (depreciation).

**Invesco Short Duration High Yield Municipal Fund**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

- **b. Investment Company Act file number:** 811-09913

- **c. CIK number of Registrant:** 0001112996

- **d. LEI of Registrant:** LZYC3CZ7P12IRF1LLV60

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Short Duration High Yield Municipal Fund

- **b. EDGAR series identifier (if any):** S000051015

- **c. LEI of Series:** 549300GXC1TW4NE0GC38

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $1515345468.01

**Total Liabilities:** $35994387.27

**Net Assets:** $1479351080.74

**Delayed Delivery Securities:** $15119835.50

**Cash Not Reported:** $14035234.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3100.61671631 | **1-Year:** -24062.43188051 | **5-Year:** -71388.89202342 | **10-Year:** -71333.92826163 | **30-Year:** -16816.29272193

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

- **3-Month:** -3216.93732572 | **1-Year:** -42986.60316022 | **5-Year:** -141200.78888908 | **10-Year:** -151658.98651085 | **30-Year:** -35389.32874215

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000160735 | -3.36%               | -1.00%               | 2.83%                |
| Class ID C000188892 | -3.23%               | -1.08%               | 2.85%                |
| Class ID C000160736 | -3.33%               | -1.06%               | 2.77%                |
| Class ID C000160737 | -3.24%               | -1.08%               | 2.85%                |
| Class ID C000160738 | -3.23%               | -1.08%               | 2.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2691994.37             | $-54197908.34                              |
| Month 2  | $-7090535.19             | $-12966572.56                              |
| Month 3  | $-3877429.08             | $43461358.28                               |

**Designated Index Information**

- **Index Name:** 40% S&P Muni Bond Short Index, 60% S&P Muni Bond High Yield Index

- **Index Identifier:** 100% BM-Securities only

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| St. Paul Park (City of), MN (Presbyterian Homes Bloomington)                                                                                        | St. Paul Park (City of), MN (Presbyterian Homes Bloomington), Series 2017, Ref. RB                                                                     | CUSIP: 85235KAR4<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    500000 | PA      | $468847.25    | 0.03%             | 2033-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Cumberland Academy)                                                                           | New Hope Cultural Education Facilities Finance Corp. (Cumberland Academy), Series 2020 A, RB                                                           | CUSIP: 64542QBM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4674161.50   | 0.32%             | 2030-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)                                                                  | New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB                                               | CUSIP: 64542UAY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1219892.86   | 0.08%             | 2023-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Elim Senior Housing, Inc.)                                                                                              | Capital Trust Agency, Inc. (Elim Senior Housing, Inc.), Series 2017, RB                                                                                | CUSIP: 140542AE1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $812094.50    | 0.05%             | 2032-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy)                                                              | Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy), Series 2018 A, Ref. RB                                         | CUSIP: 264454AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1035855.87   | 0.07%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Edinburg Economic Development Corp.                                                                                                                 | Edinburg Economic Development Corp., Series 2019, RB                                                                                                   | CUSIP: 28078PAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $546375.67    | 0.04%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Health and Education Facilities Authority (Hillside Village)                                                               | New Hampshire (State of) Health and Education Facilities Authority (Hillside Village), Series 2017 A, RB                                               | CUSIP: 64461XBE4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1323137 | PA      | $291090.10    | 0.02%             | 2027-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area)                                                                  | Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area), Series 2016, RB                                                    | CUSIP: 779719AC7<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    130000 | PA      | $128353.65    | 0.01%             | 2024-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Aurora (City of), IL (River City TIF No. 3)                                                                                                         | Aurora (City of), IL (River City TIF No. 3), Series 2018 B, Ref. RB                                                                                    | CUSIP: 051688AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $416378.84    | 0.03%             | 2023-12-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority                                                                                                 | New Hampshire (State of) Business Finance Authority, Series 2022 A, Ref. RB                                                                            | CUSIP: 63609YAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028959.60   | 0.14%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Roosevelt University)                                                                                        | Illinois (State of) Finance Authority (Roosevelt University), Series 2019 A, RB                                                                        | CUSIP: 45204EJ33<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2932321.50   | 0.20%             | 2049-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                                                                                | Colorado Health Facilities Authority, Series 2022, RB                                                                                                  | CUSIP: 19648FWD2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    900000 | PA      | $968468.04    | 0.07%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westerly Metropolitan District No. 4                                                                                                                | Westerly Metropolitan District No. 4, Series 2021 A, GO Bonds                                                                                          | CUSIP: 957568AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $534948.96    | 0.04%             | 2031-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 VV, Ref. RB                                                                        | CUSIP: 74526QPN6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003545.50   | 0.07%             | 2030-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| St. Clair County School District No. 189 (East St. Louis)                                                                                           | St. Clair County School District No. 189 (East St. Louis), Series 2011, GO Bonds                                                                       | CUSIP: 788567HS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1539537.38   | 0.10%             | 2023-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Sarasota-Manatee Jewish Housing Council, Inc.)                                                                          | Capital Trust Agency, Inc. (Sarasota-Manatee Jewish Housing Council, Inc.), Series 2017, Ref. RB                                                       | CUSIP: 14054TAF9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967781.60    | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwelath of) Electric Power Authority                                                                                              | Puerto Rico (Commonwelath of) Electric Power Authority, Series 2010 AAA, RB                                                                            | CUSIP: 74526QYB2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5685000 | PA      | $4221112.50   | 0.29%             | 2028-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Highlands Metropolitan District No. 1                                                                                                               | Highlands Metropolitan District No. 1, Series 2021, GO Bonds                                                                                           | CUSIP: 43103RAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1042739.05   | 0.07%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Lakeshore East)                                                                                                              | Chicago (City of), IL (Lakeshore East), Series 2022, Ref. RB                                                                                           | CUSIP: 167686AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $231474.13    | 0.02%             | 2027-12-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Las Vegas (City of), NV Special Improvement District No. 607                                                                                        | Las Vegas (City of), NV Special Improvement District No. 607, Series 2013, Ref. RB                                                                     | CUSIP: 517779AK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $206148.64    | 0.01%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward (County of), FL Housing Finance Authority (Golden Villas)                                                                                   | Broward (County of), FL Housing Finance Authority (Golden Villas), Series 2008 B, RB                                                                   | CUSIP: 115027QK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40109.21     | 0.00%             | 2045-10-01      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                                                                                          | Delaware Valley Regional Finance Authority, Series 1997 B, RB                                                                                          | CUSIP: 246579DT0<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116150.40   | 0.08%             | 2027-07-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village West County)                                                         | St. Louis (County of), MO Industrial Development Authority (Friendship Village West County), Series 2018 A, RB                                         | CUSIP: 791524CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997897.10    | 0.07%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon (State of) (Elderly & Disabled Housing)                                                                                                      | Oregon (State of) (Elderly & Disabled Housing), Series 1993 C, GO Bonds                                                                                | CUSIP: 68607EPR8<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10024.01     | 0.00%             | 2026-08-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)                                                           | Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.), Series 2014, RB                                             | CUSIP: 010685JW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $156828.42    | 0.01%             | 2029-11-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Colliers Hill Metropolitan District No. 2                                                                                                           | Colliers Hill Metropolitan District No. 2, Series 2022 B-2, GO Bonds                                                                                   | CUSIP: 194689AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1787963.60   | 0.12%             | 2042-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Christian (County of), KY (Jennie Stuart Medical Center, Inc.)                                                                                      | Christian (County of), KY (Jennie Stuart Medical Center, Inc.), Series 2016, Ref. RB                                                                   | CUSIP: 170692CM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $625400.91    | 0.04%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority                                                                                        | Northampton (County of), PA Industrial Development Authority, Series 2013 A, RB                                                                        | CUSIP: 663547AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350140 | PA      | $63025.20     | 0.00%             | 2023-12-31      | Fixed         | 5.00%                 | Yes           |                  3 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                          | Miami-Dade (County of), FL, Series 2014, Ref. RB                                                                                                       | CUSIP: 59333PH84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5068936.00   | 0.34%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.)                                                  | California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.), Series 2020 A, Ref. RB                             | CUSIP: 13016NET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $432736.74    | 0.03%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Sustainability Bonds)                                                                                                   | Capital Trust Agency, Inc. (Sustainability Bonds), Series 2021, RB                                                                                     | CUSIP: 14052WEA1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    700000 | PA      | $634112.15    | 0.04%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Green Charter Schools)                                                               | South Carolina (State of) Jobs-Economic Development Authority (Green Charter Schools), Series 2021, Ref. RB                                            | CUSIP: 83704MBT2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1666205.80   | 0.11%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Evanston (City of), IL (Roycemore School)                                                                                                           | Evanston (City of), IL (Roycemore School), Series 2021, RB                                                                                             | CUSIP: 299231AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $205680.66    | 0.01%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)                                                                         | Utah (State of) Charter School Finance Authority (Ascent Academies of Utah), Series 2022, RB                                                           | CUSIP: 91754TR96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2257482.36   | 0.15%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Red River Health Facilities Development Corp. (MRC Crossing)                                                                                        | Red River Health Facilities Development Corp. (MRC Crossing), Series 2014 A, RB                                                                        | CUSIP: 75687DAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108819.15    | 0.01%             | 2034-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Wingate University)                                                                                                       | Public Finance Authority (Wingate University), Series 2018 A, Ref. RB                                                                                  | CUSIP: 74443DEQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1905864.66   | 0.13%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rocky Mountain Rail Park Metropolitan District                                                                                                      | Rocky Mountain Rail Park Metropolitan District, Series 2021 A, GO Bonds                                                                                | CUSIP: 774762AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1829961.61   | 0.12%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (UME Preparatory Academy)                                                                                  | Arlington Higher Education Finance Corp. (UME Preparatory Academy), Series 2017 A, RB                                                                  | CUSIP: 041806PR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $569296.26    | 0.04%             | 2028-08-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                               | California (State of), Series 2017, GO Bonds                                                                                                           | CUSIP: 13063C5D8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3153560.10   | 0.21%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calhoun (County of), TX Navigation Industrial Development Authority                                                                                 | Calhoun (County of), TX Navigation Industrial Development Authority, Series 2021, RN                                                                   | CUSIP: 129729AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6295563.40   | 0.43%             | 2026-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside)                                                                      | Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside), Series 2021, Ref. RB                                                   | CUSIP: 63166UAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $371227.46    | 0.03%             | 2041-01-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)                                     | Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District), Series 2016 A, Ref. RB                | CUSIP: 48503VAH5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1835288.80   | 0.12%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp.                                                                                                                  | Mississippi Business Finance Corp., Series 2017, RB                                                                                                    | CUSIP: 60527MBA6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2892184.80   | 0.20%             | 2036-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont (State of) Educational & Health Buildings Financing Agency (St. Michael's College)                                                          | Vermont (State of) Educational & Health Buildings Financing Agency (St. Michael's College), Series 2012, RB                                            | CUSIP: 924166FF3<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000948.20   | 0.07%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                    | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2005 K, RB                                                                    | CUSIP: 745190TE8<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $500000.00    | 0.03%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood)                                                                           | St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood), Series 2015, Ref. RB                                                        | CUSIP: 793499BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $271045.14    | 0.02%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Imagine School at North Manate)                                                                                         | Capital Trust Agency, Inc. (Imagine School at North Manate), Series 2021, RB                                                                           | CUSIP: 14054CDV8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    230000 | PA      | $194684.88    | 0.01%             | 2031-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way)                                                                  | Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way), Series 2020, RB                                                    | CUSIP: 87638RKD8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2354837 | PA      | $1659704.19   | 0.11%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)                                                                     | Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020, Ref. RB                                                  | CUSIP: 87638RKE6<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978555.60    | 0.07%             | 2031-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Las Vegas (City of), NV Special Improvement District No. 815                                                                                        | Las Vegas (City of), NV Special Improvement District No. 815, Series 2020, RB                                                                          | CUSIP: 51778VAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $334240.66    | 0.02%             | 2040-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Copperleaf Metropolitan District No. 6                                                                                                              | Copperleaf Metropolitan District No. 6, Series 2022 B, GO Bonds                                                                                        | CUSIP: 21765PAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1151543.24   | 0.08%             | 2041-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRK3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    163000 | PA      | $142214.24    | 0.01%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                          | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017 A, Ref. IDR                                                    | CUSIP: 497609AU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978613.90    | 0.07%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                                                                           | Indiana Finance Authority, Series 2022, RB                                                                                                             | CUSIP: 455054BJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10017483.00  | 0.68%             | 2046-12-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Kiawah Life Plan Village, Inc.)                                                      | South Carolina (State of) Jobs-Economic Development Authority (Kiawah Life Plan Village, Inc.), Series 2021, RB                                        | CUSIP: 83704EAB0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032284.30   | 0.07%             | 2025-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwelath of) Electric Power Authority                                                                                              | Puerto Rico (Commonwelath of) Electric Power Authority, Series 2010 ZZ, Ref. RB                                                                        | CUSIP: 74526QXQ0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $876150.00    | 0.06%             | 2025-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)                                            | Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB                         | CUSIP: 717824AV8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930586.40    | 0.06%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools)                                                                 | Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools), Series 2014 A, RB                                                 | CUSIP: 71885FDE4<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3527564.98   | 0.24%             | 2034-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                                                                                         | Commonwealth of Puerto Rico                                                                                                                            | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2117592 | PA      | $947622.42    | 0.06%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District (Community Facilities District No. 09-1)                                                                             | Irvine Unified School District (Community Facilities District No. 09-1), Series 2017 B, RB                                                             | CUSIP: 463612JT9<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    225000 | PA      | $235247.49    | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools)                                                           | Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools), Series 2019, RB                                             | CUSIP: 72177PCC2<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    300000 | PA      | $299987.46    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Uwharrie Charter Academy)                                                                                                 | Public Finance Authority (Uwharrie Charter Academy), Series 2022 A, RB                                                                                 | CUSIP: 74442EJF8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $468565.85    | 0.03%             | 2032-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.)                                     | New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.), Series 2012 C, RB                     | CUSIP: 645918S79<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1373512.26   | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Neu Town Metropolitan District                                                                                                                      | Neu Town Metropolitan District, Series 2018 A, Ref. GO Bonds                                                                                           | CUSIP: 64126UAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1406617.48   | 0.10%             | 2031-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (High School for Recording Arts)                                                           | St. Paul (City of), MN Housing & Redevelopment Authority (High School for Recording Arts), Series 2015, RB                                             | CUSIP: 852297BA7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |     80000 | PA      | $79811.11     | 0.01%             | 2023-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Deephaven (City of), MN (Seven Hills Preparatory Academy)                                                                                           | Deephaven (City of), MN (Seven Hills Preparatory Academy), Series 2017, RB                                                                             | CUSIP: 24380HBK7<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902606.40    | 0.06%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Science and Technology Park Metropolitan District No. 1                                                                         | Colorado (State of) Science and Technology Park Metropolitan District No. 1, Series 2018, RB                                                           | CUSIP: 19658CAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977214.70    | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk (County of), FL Industrial Development Authority (Mineral Development LLC)                                                                     | Polk (County of), FL Industrial Development Authority (Mineral Development LLC), Series 2020, RB                                                       | CUSIP: 731120NQ0<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005479.20   | 0.20%             | 2033-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 2017 C, Ref. GO Bonds                                                                                 | CUSIP: 167505SG2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011537.40   | 0.07%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Benedictine University)                                                                                      | Illinois (State of) Finance Authority (Benedictine University), Series 2017, Ref. RB                                                                   | CUSIP: 45204EUF3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021008.60   | 0.07%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillside (Village of), IL (Mannheim Redevelopment)                                                                                                  | Hillside (Village of), IL (Mannheim Redevelopment), Series 2018, Ref. RB                                                                               | CUSIP: 432638AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $651472.90    | 0.04%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale (City of), AZ Industrial Development Authority (Terraces of Phoenix)                                                                       | Glendale (City of), AZ Industrial Development Authority (Terraces of Phoenix), Series 2018 A, Ref. RB                                                  | CUSIP: 378286JS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $282553.34    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2017 G, RB                                                                                                | CUSIP: 167593YG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $368606.98    | 0.02%             | 2029-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                     | Calplant I, LLC, Series 21B                                                                                                                            | CUSIP: 13136CAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    955000 | PA      | $955000.00    | 0.06%             | 2022-12-12      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Minnetonka (City of), MN (Preserve at Shady Oak)                                                                                                    | Minnetonka (City of), MN (Preserve at Shady Oak), Series 2018 C, RB                                                                                    | CUSIP: 60422KAF6<br>LEI: 549300NQZ4FEG58M2309 | Long             | DBT              | MUN               | US        |    250000 | PA      | $199922.00    | 0.01%             | 2033-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Development Bank (Jackson Co. Gomesa)                                                                                        | Mississippi (State of) Development Bank (Jackson Co. Gomesa), Series 2021, RB                                                                          | CUSIP: 60534XKC9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2765453.25   | 0.19%             | 2036-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Spokane International Academy)                                                                    | Washington (State of) Housing Finance Commission (Spokane International Academy), Series 2021 A, RB                                                    | CUSIP: 93978LGF7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1337658.29   | 0.09%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Baltimore (City of), MD (Convention Center Hotel)                                                                                                   | Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB                                                                                | CUSIP: 05921PBT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1089857.12   | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority                      | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority, Series 2000, RB        | CUSIP: 74527JAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6580000 | PA      | $6816179.89   | 0.46%             | 2026-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Local Oregon Capital Assets Program                                                                                                                 | Local Oregon Capital Assets Program, Series 2011 C, COP                                                                                                | CUSIP: 53957KCL9<br>LEI: 549300KILFEFYKOPF027 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35022.64     | 0.00%             | 2031-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)                                     | Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District), Series 2016 A, Ref. RB                | CUSIP: 48503VAG7<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    310000 | PA      | $298970.98    | 0.02%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)                                                                                      | Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB                                                                      | CUSIP: 509893AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $471111.94    | 0.03%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $482943.65    | 0.03%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Hearts United Apartments)                                                                                                    | Chicago (City of), IL (Hearts United Apartments), Series 1999 A, RB                                                                                    | CUSIP: 167570GS3<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70363.43     | 0.00%             | 2041-01-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUX4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    375000 | PA      | $391585.16    | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (South Carolina SAVES Green Community Program - AAC East LLC) (Green Bonds)           | South Carolina (State of) Jobs-Economic Development Authority (South Carolina SAVES Green Community Program - AAC East LLC) (Green Bonds), Series 2019 | CUSIP: 837031YS6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1417272.57   | 0.10%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                                                                                  | Plaza at Noah's Ark Community Improvement District, Series 2021, Ref. RB                                                                               | CUSIP: 72813LAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $640206.83    | 0.04%             | 2030-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.)                                                                                             | Iowa (State of) Finance Authority (Iowa Fertilizer Co.), Series 2022, Ref. RB                                                                          | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8522670.60   | 0.58%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                                                                                             | Knox County Health Educational & Housing Facility Board, Series 2017, RB                                                                               | CUSIP: 49952MEG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2605000 | PA      | $2671587.97   | 0.18%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2013 A, Ref. RB                                                                                             | CUSIP: 88880PCN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3462862.50   | 0.23%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (Evangelical Homes)                                                                                              | Michigan (State of) Strategic Fund (Evangelical Homes), Series 2013, Ref. RB                                                                           | CUSIP: 594698KV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2685252.60   | 0.18%             | 2047-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Millsboro (Town of), DE (Plantation Lakes Special Development District)                                                                             | Millsboro (Town of), DE (Plantation Lakes Special Development District), Series 2018, Ref. RB                                                          | CUSIP: 601266AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2249000 | PA      | $2254591.69   | 0.15%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                        | California (State of) Housing Finance Agency, Series 2021-1, Class A, Ctfs.                                                                            | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1219583 | PA      | $1100613.26   | 0.07%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ackley (City of), IA (Grand Jivante)                                                                                                                | Ackley (City of), IA (Grand Jivante), Series 2018 A, RB                                                                                                | CUSIP: 004603AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $496476.06    | 0.03%             | 2033-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                                                                              | Arkansas Development Finance Authority, Series 2022, RB                                                                                                | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7952612.80   | 0.54%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (University Bridge LLC Student Housing)                                                                                  | Capital Trust Agency, Inc. (University Bridge LLC Student Housing), Series 2018 A, RB                                                                  | CUSIP: 140536AA1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   6310000 | PA      | $5856399.97   | 0.40%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Judson Park)                                                                                      | Washington (State of) Housing Finance Commission (Judson Park), Series 2018, Ref. RB                                                                   | CUSIP: 939783WG7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |     80000 | PA      | $79348.11     | 0.01%             | 2023-07-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                             | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2016 A, Ref. RB                                        | CUSIP: 821697Q36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1222512.01   | 0.08%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp./TN                                                                                                                                   | Tennergy Corp./TN, Series 2021, RB                                                                                                                     | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3539059.89   | 0.24%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Arista Metropolitan District                                                                                                                        | Arista Metropolitan District, Series 2018 A, Ref. GO Bonds                                                                                             | CUSIP: 04041AAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946117.50    | 0.06%             | 2028-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA                                                                                                                             | County of Sacramento CA, Series 2022, RB                                                                                                               | CUSIP: 786153RK4<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2126661.60   | 0.14%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico (State of) Hospital Equipment Loan Council (La Vida Expansion)                                                                           | New Mexico (State of) Hospital Equipment Loan Council (La Vida Expansion), Series 2019 C, RB                                                           | CUSIP: 647377AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1509296.01   | 0.10%             | 2023-07-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2008 A, RB                                                                           | CUSIP: 646136WG2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $540282.60    | 0.04%             | 2035-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                                                                                         | Black Desert Public Infrastructure District, Series 2021 A, GO Bonds                                                                                   | CUSIP: 09204PAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1361453.51   | 0.09%             | 2031-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Lake (County of), FL (Lakeside at Waterman Village)                                                                                                 | Lake (County of), FL (Lakeside at Waterman Village), Series 2020 A, Ref. RB                                                                            | CUSIP: 50826FAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3702336.91   | 0.25%             | 2030-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Crandall (City of), TX                                                                                                                              | Crandall (City of), TX, Series 2021, RB                                                                                                                | CUSIP: 224384AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $456484.70    | 0.03%             | 2051-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                               | Illinois (State of) Finance Authority, Series 2007, RB                                                                                                 | CUSIP: 45204EJ82<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    140000 | PA      | $138238.24    | 0.01%             | 2027-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Henderson (City of), KY (Pratt Paper LLC)                                                                                                           | Henderson (City of), KY (Pratt Paper LLC), Series 2022 B, RB                                                                                           | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2380905.00   | 0.16%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2017 D, GO Bonds                                                                                                           | CUSIP: 452152P70<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2282329.13   | 0.15%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayzata (City of), MN (Folkstone Senior Living Co.)                                                                                                 | Wayzata (City of), MN (Folkstone Senior Living Co.), Series 2019, Ref. RB                                                                              | CUSIP: 946829BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99807.39     | 0.01%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199244.68    | 0.01%             | 2023-10-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Huntsville-Redstone Village Special Care Facilities Financing Authority                                                                             | Huntsville-Redstone Village Special Care Facilities Financing Authority                                                                                | CUSIP: 447297AZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5022484 | PA      | $3189277.60   | 0.22%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Truman Medical Center, Inc.)                                                         | Missouri (State of) Health & Educational Facilities Authority (Truman Medical Center, Inc.), Series 2017, RB                                           | CUSIP: 60636APT4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    300000 | PA      | $308543.07    | 0.02%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                  | Tennessee Energy Acquisition Corp., Series 2018, RB                                                                                                    | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4978060.50   | 0.34%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Arizona Charter Schools Ref.)                                                                | Pima (County of), AZ Industrial Development Authority (Arizona Charter Schools Ref.), Series 2013 Q, Ref. RB                                           | CUSIP: 72177MNZ6<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   4860000 | PA      | $4773092.51   | 0.32%             | 2031-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                                                                                   | Florida Development Finance Corp., Series 2022, RB                                                                                                     | CUSIP: 340618DF1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2981438.40   | 0.20%             | 2057-07-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Baltimore (City of), MD (Convention Center Hotel)                                                                                                   | Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB                                                                                | CUSIP: 05921PBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2144827.94   | 0.14%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Beloved Community Charter School, Inc.)                                                       | New Jersey (State of) Economic Development Authority (Beloved Community Charter School, Inc.), Series 2019 A, RB                                       | CUSIP: 645912FW1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    825000 | PA      | $789190.22    | 0.05%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peninsula Town Center Community Development Authority                                                                                               | Peninsula Town Center Community Development Authority, Series 2018, Ref. RB                                                                            | CUSIP: 70718LAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1360885.76   | 0.09%             | 2028-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                     | Calplant I, LLC, Series 21A                                                                                                                            | CUSIP: 13136CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $255000.00    | 0.02%             | 2022-12-12      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| California Municipal Finance Authority                                                                                                              | California Municipal Finance Authority, Series 2022, COP                                                                                               | CUSIP: 130493CK3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1367626.25   | 0.09%             | 2036-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Canyon Pines Metropolitan District                                                                                                                  | Canyon Pines Metropolitan District, Series 2022, GO Bonds                                                                                              | CUSIP: 138867AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8770000 | PA      | $5941971.43   | 0.40%             | 2027-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nexus North at DIA Metropolitan District                                                                                                            | Nexus North at DIA Metropolitan District, Series 2021, GO Bonds                                                                                        | CUSIP: 65344KAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $465210.25    | 0.03%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Covina (City of), CA Public Financing Authority (Big League Dreams)                                                                            | West Covina (City of), CA Public Financing Authority (Big League Dreams), Series 2006 A, RB                                                            | CUSIP: 95236PEA4<br>LEI: 549300RS71GX877H2E37 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2940011.51   | 0.20%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Explore Academy)                                                                                     | Wisconsin (State of) Public Finance Authority (Explore Academy), Series 2020 A, RB                                                                     | CUSIP: 74443DFU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4310000 | PA      | $3861638.03   | 0.26%             | 2039-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (University of the Arts)                                                                | Philadelphia (City of), PA Industrial Development Authority (University of the Arts), Series 2017, Ref. RB                                             | CUSIP: 71781XEJ8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1808053.60   | 0.12%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc.)                                                                                 | New York Transportation Development Corp. (American Airlines, Inc.), Series 2016, Ref. RB                                                              | CUSIP: 650116BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5495000 | PA      | $5495371.46   | 0.37%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                                                                                   | State of Illinois, Series 2018, GO Bonds                                                                                                               | CUSIP: 452152W64<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632290.50   | 0.18%             | 2025-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Lutheran Communities Obligated Group)                                                                        | Illinois (State of) Finance Authority (Lutheran Communities Obligated Group), Series 2019 A, Ref. RB                                                   | CUSIP: 45204E6D5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2020000 | PA      | $1824960.11   | 0.12%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (I-75 Improvement Project)                                                                                       | Michigan (State of) Strategic Fund (I-75 Improvement Project), Series 2018, RB                                                                         | CUSIP: 594698QN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1768053.43   | 0.12%             | 2032-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                   | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2017 A, Ref. RB                                              | CUSIP: 04052BAY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $620073.60    | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                             | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2016 A, Ref. RB                                        | CUSIP: 821697P94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2671273.50   | 0.18%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)                                                           | Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.), Series 2014, RB                                             | CUSIP: 010685JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $853020.50    | 0.06%             | 2029-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.)                                                                                        | Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.), Series 2018, RB                                                                          | CUSIP: 46245FAM6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    625000 | PA      | $578163.06    | 0.04%             | 2028-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Harris (County of) & Houston (City of), TX Sports Authority                                                                                         | Harris (County of) & Houston (City of), TX Sports Authority, Series 2014 A, Ref. RB                                                                    | CUSIP: 413890DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2059896.00   | 0.14%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2013 AA, RB                                                                          | CUSIP: 646136Q87<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1160851.63   | 0.08%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Freedom Academy Foundation (The))                                                                 | Utah (State of) Charter School Finance Authority (Freedom Academy Foundation (The)), Series 2017, Ref. RB                                              | CUSIP: 91754TUV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $166113.70    | 0.01%             | 2027-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)                                            | Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB                         | CUSIP: 717824AN6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $469325.85    | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bradley (Village of), IL (Bradley Commons)                                                                                                          | Bradley (Village of), IL (Bradley Commons), Series 2018 A, Ref. RB                                                                                     | CUSIP: 10457HBK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $526316.29    | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                               | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185058.66    | 0.01%             | 2033-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Glendale (City of), AZ Industrial Development Authority (Terraces of Phoenix)                                                                       | Glendale (City of), AZ Industrial Development Authority (Terraces of Phoenix), Series 2018 A, Ref. RB                                                  | CUSIP: 378286JP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $153535.65    | 0.01%             | 2023-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association (Future Public School)                                                                               | Idaho (State of) Housing & Finance Association (Future Public School), Series 2022 A, RB                                                               | CUSIP: 45129GHW8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $1812305.42   | 0.12%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Excelsior Charter Schools)                                                                          | California (State of) Public Finance Authority (Excelsior Charter Schools), Series 2020 A, RB                                                          | CUSIP: 13057HAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $989520.49    | 0.07%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Municipal Power Agency                                                                                                           | Indiana (State of) Municipal Power Agency, Series 2016 A, Ref. RB                                                                                      | CUSIP: 454898TY3<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051372.50   | 0.07%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                               | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7645000 | PA      | $7647056.51   | 0.52%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (American Leadership Academy)                                                                 | Pima (County of), AZ Industrial Development Authority (American Leadership Academy), Series 2022, Ref. RB                                              | CUSIP: 72177MUN5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $952667.46    | 0.06%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC)                                                                        | Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC), Series 2019, RB                                                          | CUSIP: 10604PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2266699.15   | 0.15%             | 2039-03-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes)                                        | South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes), Series 2018 A, Ref. RB                   | CUSIP: 83704CAQ1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1641561.23   | 0.11%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independence Water & Sanitation District                                                                                                            | Independence Water & Sanitation District, Series 2019, RB                                                                                              | CUSIP: 45380AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1254000 | PA      | $1261653.29   | 0.09%             | 2038-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Clear Lake (City of), IA (Timbercrest Apartments, LLC)                                                                                              | Clear Lake (City of), IA (Timbercrest Apartments, LLC), Series 2018, RB                                                                                | CUSIP: 184635AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $617461.28    | 0.04%             | 2028-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3075179.70   | 0.21%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul)                                                                    | Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul), Series 2015, RB                                                      | CUSIP: 23409VEJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $786539.62    | 0.05%             | 2030-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Amber Creek Metropolitan District                                                                                                                   | Amber Creek Metropolitan District, Series 2017 A, Ref. GO Bonds                                                                                        | CUSIP: 02320AAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    713000 | PA      | $673695.23    | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.)                                                | California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.), Series 2002 A, RB                                | CUSIP: 13016NAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1555004.51   | 0.11%             | 2043-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 2018 C, Ref. GO Bonds                                                                                 | CUSIP: 167505VQ6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018499.80   | 0.14%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Volunteers of America Care)                                                                        | Colorado (State of) Health Facilities Authority (Volunteers of America Care), Series 2007 A, RB                                                        | CUSIP: 196475AH0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1081143.41   | 0.07%             | 2037-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                    | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2007 CC, Ref. RB                                                              | CUSIP: 745181D61<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15284.45     | 0.00%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQD0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1003000 | PA      | $729688.72    | 0.05%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (University Bridge LLC Student Housing)                                                                                  | Capital Trust Agency, Inc. (University Bridge LLC Student Housing), Series 2018 A, RB                                                                  | CUSIP: 140536AC7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2334293.00   | 0.16%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority (Convention Center Hotel)                                                                               | George L Smith II Congress Center Authority (Convention Center Hotel), Series 2021, RB                                                                 | CUSIP: 37255MAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2436134.25   | 0.16%             | 2031-01-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Talladega (County of), AL                                                                                                                           | Talladega (County of), AL, Series 2002 D, TAC                                                                                                          | CUSIP: 874381JM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25052.89     | 0.00%             | 2029-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150492.24    | 0.01%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (Rossy & Richard Shaller Family Sholom East Campus)                                        | St. Paul (City of), MN Housing & Redevelopment Authority (Rossy & Richard Shaller Family Sholom East Campus), Series 2018, Ref. RB                     | CUSIP: 792893HF9<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    250000 | PA      | $211262.48    | 0.01%             | 2033-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Teaneck Community Charter School)                                                             | New Jersey (State of) Economic Development Authority (Teaneck Community Charter School), Series 2017 A, Ref. RB                                        | CUSIP: 645912EB8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    210000 | PA      | $206533.34    | 0.01%             | 2027-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority                                                                                            | Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority, Series 2008 A, RB                                                                            | CUSIP: 745160PX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $668202.77    | 0.05%             | 2024-07-01      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Shefa School)                                                                                                             | Build NYC Resource Corp. (Shefa School), Series 2021 A, RB                                                                                             | CUSIP: 12008ERV0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    375000 | PA      | $315876.00    | 0.02%             | 2031-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                   | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2019, Ref. RB                                                                                | CUSIP: 967249QK2<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    655000 | PA      | $652188.28    | 0.04%             | 2023-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.)                                                  | California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.), Series 2020 A, Ref. RB                             | CUSIP: 13016NES9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $581152.02    | 0.04%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverwalk Metropolitan District No. 2                                                                                                               | Riverwalk Metropolitan District No. 2, Series 2022 A, RB                                                                                               | CUSIP: 769504AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3530440.40   | 0.24%             | 2032-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bradley (Village of), IL (Bradley Commons)                                                                                                          | Bradley (Village of), IL (Bradley Commons), Series 2018 A, Ref. RB                                                                                     | CUSIP: 10457HBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425100.05    | 0.03%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (United Airlines, Inc. Terminal E)                                                                             | Houston (City of), TX Airport System (United Airlines, Inc. Terminal E), Series 2020 A, Ref. RB                                                        | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2358136.37   | 0.16%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albany (City of) & Dougherty (Country of), GA Payroll Development Authority (Procter & Gamble Paper Products Co. (The))                             | Albany (City of) & Dougherty (Country of), GA Payroll Development Authority (Procter & Gamble Paper Products Co. (The)), Series 1998, RB               | CUSIP: 012192AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $811728.86    | 0.05%             | 2026-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                 | Metropolitan Transportation Authority (Green Bonds), Series 2020 E, Ref. RB                                                                            | CUSIP: 59261AJ57<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4280049.04   | 0.29%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Hope Christian Schools)                                                             | Wisconsin (State of) Health & Educational Facilities Authority (Hope Christian Schools), Series 2021, RB                                               | CUSIP: 97712JDR1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    850000 | PA      | $658827.86    | 0.04%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp.                                                                                                  | Matching Fund Special Purpose Securitization Corp., Series 2022 A, Ref. RB                                                                             | CUSIP: 57665NAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021351.60   | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.)                                                                         | Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.), Series 2018, COP                                                          | CUSIP: 24918TAJ6<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    310000 | PA      | $331011.21    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Ascend Leadership Academy)                                                                                                | Public Finance Authority (Ascend Leadership Academy), Series 2021 A, RB                                                                                | CUSIP: 744396GR7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $479723.09    | 0.03%             | 2031-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2004 PP, Ref. RB                                                                        | CUSIP: 74526QCL4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2513399.25   | 0.17%             | 2023-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                      | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002488.50   | 0.34%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging)                                                 | Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging), Series 2016, RB                                   | CUSIP: 091081DL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $861373.98    | 0.06%             | 2025-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (Basis Schools)                                                                              | Phoenix (City of), AZ Industrial Development Authority (Basis Schools), Series 2016 A, Ref. RB                                                         | CUSIP: 71885FEA1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995343.50    | 0.07%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   5006238 | PA      | $5028176.34   | 0.34%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hillside (Village of), IL (Mannheim Redevelopment)                                                                                                  | Hillside (Village of), IL (Mannheim Redevelopment), Series 2018, Ref. RB                                                                               | CUSIP: 432638AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2167771.68   | 0.15%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (American Leadership Academy)                                                                 | Pima (County of), AZ Industrial Development Authority (American Leadership Academy), Series 2015, Ref. RB                                              | CUSIP: 72177MQX8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    930000 | PA      | $924278.18    | 0.06%             | 2025-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University)                                                | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University), Series 2015, Ref. RB                             | CUSIP: 70917SNP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10080000 | PA      | $10203734.02  | 0.69%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                             | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2016 A, Ref. RB                                        | CUSIP: 821697P60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976337.50    | 0.07%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 2019 A, Ref. GO Bonds                                                                                 | CUSIP: 167505WJ1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $849449.20    | 0.06%             | 2026-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lucas Metropolitan Housing Authority                                                                                                                | Lucas Metropolitan Housing Authority, Series 2012, RB                                                                                                  | CUSIP: 549344AP4<br>LEI: 549300KTFII2A2KQK775 | Long             | DBT              | MUN               | US        |    290000 | PA      | $296390.56    | 0.02%             | 2025-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lucas Metropolitan Housing Authority                                                                                                                | Lucas Metropolitan Housing Authority, Series 2012, RB                                                                                                  | CUSIP: 549344AR0<br>LEI: 549300KTFII2A2KQK775 | Long             | DBT              | MUN               | US        |    320000 | PA      | $327042.88    | 0.02%             | 2027-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nevada (State of) Department of Business & Industry (Somerset Academy)                                                                              | Nevada (State of) Department of Business & Industry (Somerset Academy), Series 2018 A, RB                                                              | CUSIP: 25490LAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $520932.09    | 0.04%             | 2029-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                                                                                           | Kalispel Tribe of Indians, Series 2018 B, RB                                                                                                           | CUSIP: 48340PAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104896.10    | 0.01%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority (Harbour's Edge)                                                                             | Palm Beach (County of), FL Health Facilities Authority (Harbour's Edge), Series 2004 A, RB                                                             | CUSIP: 696507RU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10014.02     | 0.00%             | 2024-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority (Toby & Leon Cooperman)                                                                      | Palm Beach (County of), FL Health Facilities Authority (Toby & Leon Cooperman), Series 2022, Ref. RB                                                   | CUSIP: 696507VH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1123288.38   | 0.08%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094544.00   | 0.07%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority (Toby & Leon Cooperman)                                                                      | Palm Beach (County of), FL Health Facilities Authority (Toby & Leon Cooperman), Series 2022, Ref. RB                                                   | CUSIP: 696507VJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1682860.40   | 0.11%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association (North Star Charter School)                                                                          | Idaho (State of) Housing & Finance Association (North Star Charter School), Series 2014 A, Ref. RB                                                     | CUSIP: 45129GCF0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1060947 | PA      | $1112556.34   | 0.08%             | 2048-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Trinity Classical Academy)                                                                          | California (State of) Public Finance Authority (Trinity Classical Academy), Series 2019 B, RB                                                          | CUSIP: 13057KAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240751.03    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Granby Ranch Metropolitan District                                                                                                                  | Granby Ranch Metropolitan District, Series 2018, Ref. GO Bonds                                                                                         | CUSIP: 385184AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $654045.91    | 0.04%             | 2028-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB                                                                             | CUSIP: 74526QDE9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100380.41    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Green Street Academy)                                                         | Maryland (State of) Health & Higher Educational Facilities Authority (Green Street Academy), Series 2017 A, RB                                         | CUSIP: 5742182J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $401222.40    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (University of Evansville)                                                                                     | Indiana (State of) Finance Authority (University of Evansville), Series 2022 A, Ref. RB                                                                | CUSIP: 45470ECA1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1870111.03   | 0.13%             | 2037-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northpark Lane Community Improvement District                                                                                                       | Northpark Lane Community Improvement District, Series 2018, RB                                                                                         | CUSIP: 66660PAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $560984.54    | 0.04%             | 2036-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association (North Star Charter School)                                                                          | Idaho (State of) Housing & Finance Association (North Star Charter School), Series 2014 A, Ref. RB                                                     | CUSIP: 45129GCE3<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    525926 | PA      | $554063.04    | 0.04%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (TEACH Public Schools)                                                                               | California (State of) School Finance Authority (TEACH Public Schools), Series 2019 A, RB                                                               | CUSIP: 13058THJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276399.67    | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia (State of) Small Business Financing Authority (95 Express Lanes LLC)                                                                       | Virginia (State of) Small Business Financing Authority (95 Express Lanes LLC), Series 2022, Ref. RB                                                    | CUSIP: 928104PL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3295775.04   | 0.22%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                                                                                 | U.S. Treasury 10 Year Notes Future                                                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |      -203 | NC      | $-111015.62   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village)                                                                                       | California (State of) Public Finance Authority (Enso Village), Series 2021, RB                                                                         | CUSIP: 13057GAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1747835.00   | 0.12%             | 2029-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)                                                                         | Utah (State of) Charter School Finance Authority (Ascent Academies of Utah), Series 2022, RB                                                           | CUSIP: 91754TR88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1806099.60   | 0.12%             | 2032-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (Friendship Village of Kalamazoo)                                                                                | Michigan (State of) Strategic Fund (Friendship Village of Kalamazoo), Series 2021, Ref. RB                                                             | CUSIP: 594698SK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $764547.74    | 0.05%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus)                                          | Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus), Series 2019 A, IDR                         | CUSIP: 04052BJD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $642743.08    | 0.04%             | 2049-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Finance Authority                                                                                           | California (State of) Pollution Control Finance Authority, Series 2012, RB                                                                             | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4230000 | PA      | $4014062.73   | 0.27%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bradley (Village of), IL (Bradley Commons)                                                                                                          | Bradley (Village of), IL (Bradley Commons), Series 2018 A, Ref. RB                                                                                     | CUSIP: 10457HBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $503129.43    | 0.03%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfield (City of), AL                                                                                                                             | Fairfield (City of), AL, Series 2012, GO Wts.                                                                                                          | CUSIP: 304117GB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3585000 | PA      | $2868000.00   | 0.19%             | 2031-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                                                                                  | Plaza at Noah's Ark Community Improvement District, Series 2021, Ref. RB                                                                               | CUSIP: 72813LAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $216178.61    | 0.01%             | 2025-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Glenridge on Palmer Ranch)                                                                                       | Florida Development Finance Corp. (Glenridge on Palmer Ranch), Series 2021, Ref. RB                                                                    | CUSIP: 34061WAU8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    110000 | PA      | $106148.82    | 0.01%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy)                                                              | Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy), Series 2018 A, Ref. RB                                         | CUSIP: 264454AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1611128.74   | 0.11%             | 2028-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QSY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    165000 | PA      | $164779.26    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                           | Golden State Tobacco Securitization Corp., Series 2017 A-1, Ref. RB                                                                                    | CUSIP: 38122NZD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $159758.45    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Merit College Preparatory Academy)                                                                | Utah (State of) Charter School Finance Authority (Merit College Preparatory Academy), Series 2019 A, RB                                                | CUSIP: 91754TXE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $473372.80    | 0.03%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Renaissance Charter School, Inc.)                                                                                | Florida Development Finance Corp. (Renaissance Charter School, Inc.), Series 2020 C, Ref. RB                                                           | CUSIP: 34061UFB9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    400000 | PA      | $365993.84    | 0.02%             | 2040-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Pinecrest Academy of Northern Nevada)                                                          | Arizona (State of) Industrial Development Authority (Pinecrest Academy of Northern Nevada), Series 2022 A, RB                                          | CUSIP: 04052BRH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2861100.79   | 0.19%             | 2029-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2019, Ref. RB                                                                        | CUSIP: 6461366K2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $3088769.01   | 0.21%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                                                                                   | Southeast Energy Authority A Cooperative District, Series 2022, RB                                                                                     | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5316828.00   | 0.36%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                   | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2017 A, Ref. RB                                              | CUSIP: 04052BAX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $596984.38    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                                                                                         | Black Desert Public Infrastructure District, Series 2021 A, GO Bonds                                                                                   | CUSIP: 09204PAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1443957.03   | 0.10%             | 2036-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Universal Learning Academy)                                                                                  | Michigan (State of) Finance Authority (Universal Learning Academy), Series 2018, Ref. RB                                                               | CUSIP: 594479EG8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100243.45    | 0.01%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                     | Calplant I, LLC, Series 22C                                                                                                                            | CUSIP: 13136CAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $345000.00    | 0.02%             | 2022-12-30      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Vermilion (Parish of), LA Gomesa) (Green Bonds)   | Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Vermilion (Parish of), LA Gomesa) (Green Bonds), Ser | CUSIP: 54628CHV7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1646241.43   | 0.11%             | 2038-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| City of Ramsey MN                                                                                                                                   | City of Ramsey MN, Series 2022, RB                                                                                                                     | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961513.60   | 0.13%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado)                                                                 | Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado), Series 2019, RB                                                   | CUSIP: 04052BJS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $1967352.11   | 0.13%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Garden State Preservation Trust                                                                                                                     | Garden State Preservation Trust, Series 2005 A, RB                                                                                                     | CUSIP: 365418BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $197819.28    | 0.01%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                               | Houston (City of), TX, Series 2002 B, RB                                                                                                               | CUSIP: 4423487C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50075.02     | 0.00%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muskingum (County of), OH (Genesis Healthcare System)                                                                                               | Muskingum (County of), OH (Genesis Healthcare System), Series 2013, RB                                                                                 | CUSIP: 628077CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2842120.50   | 0.19%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                                                                                           | University of Puerto Rico, Series 2006 Q, RB                                                                                                           | CUSIP: 914811PN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4916531.00   | 0.33%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority (IPS Cincinnati LLC)                                                                               | Port of Greater Cincinnati Development Authority (IPS Cincinnati LLC), Series 2021, RB                                                                 | CUSIP: 73421LAA9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1565028.16   | 0.11%             | 2056-06-15      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Detroit (City of), MI                                                                                                                               | Detroit (City of), MI, Series 2018, GO Bonds                                                                                                           | CUSIP: 2510933E8<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034510.70   | 0.07%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Department of Housing & Community Affairs (Skyway Villas Apartments)                                                               | Texas (State of) Department of Housing & Community Affairs (Skyway Villas Apartments), Series 2001 A, RB                                               | CUSIP: 88275BFN3<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110000.00    | 0.01%             | 2022-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Denver Gateway Center Metropolitan District                                                                                                         | Denver Gateway Center Metropolitan District, Series 2018 A, GO Bonds                                                                                   | CUSIP: 24918HAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1369000 | PA      | $1346022.70   | 0.09%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Development and Housing Agency (Fifth + Broadway Development)                                                                          | Metropolitan Development and Housing Agency (Fifth + Broadway Development), Series 2018, RB                                                            | CUSIP: 591874AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1217101.95   | 0.08%             | 2028-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Financing Authority (Aemerge Redpak Services Southern California LLC)                                       | California (State of) Pollution Control Financing Authority (Aemerge Redpak Services Southern California LLC), Series 2016, RB                         | CUSIP: 130536QU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $71000.00     | 0.00%             | 2027-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Cicero (Town of), IL                                                                                                                                | Cicero (Town of), IL, Series 2012, Ref. GO Bonds                                                                                                       | CUSIP: 171646RB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $725000.01    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muskingum (County of), OH (Genesis Healthcare System)                                                                                               | Muskingum (County of), OH (Genesis Healthcare System), Series 2013, RB                                                                                 | CUSIP: 628077CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7180000 | PA      | $6641438.97   | 0.45%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.)                                                      | Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.), Series 2017 A, RB                                      | CUSIP: 555542NB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $389976.72    | 0.03%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (American Charter Schools Foundation)                                                           | Arizona (State of) Industrial Development Authority (American Charter Schools Foundation), Series 2017, Ref. RB                                        | CUSIP: 04052BAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1404219.23   | 0.09%             | 2047-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JPV1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    538000 | PA      | $501055.76    | 0.03%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Winfree Academy Charter School)                                                                           | Arlington Higher Education Finance Corp. (Winfree Academy Charter School), Series 2019, RB                                                             | CUSIP: 041806RW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $108128.00    | 0.01%             | 2023-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                                                                                | Colorado Health Facilities Authority, Series 2022, RB                                                                                                  | CUSIP: 19648FWC4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $538161.40    | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 2019 A, Ref. GO Bonds                                                                                 | CUSIP: 167505WH5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $887719.50    | 0.06%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                          | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017, Ref. RB                                                       | CUSIP: 497609AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1687770.37   | 0.11%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Lakeshore East)                                                                                                              | Chicago (City of), IL (Lakeshore East), Series 2022, Ref. RB                                                                                           | CUSIP: 167686AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $325695.19    | 0.02%             | 2031-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Red River Health Facilities Development Corp. (MRC Crossing)                                                                                        | Red River Health Facilities Development Corp. (MRC Crossing), Series 2014 A, RB                                                                        | CUSIP: 75687DAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1485923.89   | 0.10%             | 2049-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Amelia Concourse Community Development District                                                                                                     | Amelia Concourse Community Development District, Series 2019 B-1, RB                                                                                   | CUSIP: 023440AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $243794.86    | 0.02%             | 2029-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nashville (City of) & Davidson (County of), TN Health and Educational Facilities Board of Metropolitan Government (Trousdale Foundation Properties) | Nashville (City of) & Davidson (County of), TN Health and Educational Facilities Board of Metropolitan Government (Trousdale Foundation Properties), S | CUSIP: 59212TAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $752000.00    | 0.05%             | 2028-04-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 SS, Ref. RB                                                                        | CUSIP: 74526QER9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005359.70   | 0.07%             | 2023-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Georgia Municipal Association, Inc.                                                                                                                 | Georgia Municipal Association, Inc., Series 1998, COP                                                                                                  | CUSIP: 373292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5010.55      | 0.00%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU)                                                                             | Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU), Series 2017 A, RB                                                             | CUSIP: 87972MAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $261586.71    | 0.02%             | 2052-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                                                                                   | Territory of Guam, Series 2015, RB                                                                                                                     | CUSIP: 40065NCE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3050763.30   | 0.21%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                   | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2019, Ref. RB                                                                                | CUSIP: 967249QN6<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1103035.19   | 0.07%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Subseries 2022, RN                                                                                                      | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8027430 | PA      | $3662514.92   | 0.25%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Howard (County of), MD (Downtown Columbia)                                                                                                          | Howard (County of), MD (Downtown Columbia), Series 2017 A, RB                                                                                          | CUSIP: 442599AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $463782.43    | 0.03%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Villages at Castle Rock Metropolitan District No. 6                                                                                                 | Villages at Castle Rock Metropolitan District No. 6, Series 2021 B, Ref. GO Bonds                                                                      | CUSIP: 92706LAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    166000 | PA      | $144813.04    | 0.01%             | 2051-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| St. Louis (City of), MO Land Clearance for Redevelopment Authority (Kiel Opera House Renovation)                                                    | St. Louis (City of), MO Land Clearance for Redevelopment Authority (Kiel Opera House Renovation), Series 2019, Ref. RB                                 | CUSIP: 79165YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $1804899.92   | 0.12%             | 2035-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District No. 2                                                                                             | Southeast Energy Authority A Cooperative District No. 2, Series 2021 B, RB                                                                             | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5188724.46   | 0.35%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.)                                                                      | Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.), Series 2016, Ref. RB                                                   | CUSIP: 939783TH9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1555081.46   | 0.11%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Coral (City of), FL Health Facilities Authority (Gulf Care, Inc.)                                                                              | Cape Coral (City of), FL Health Facilities Authority (Gulf Care, Inc.), Series 2015, Ref. RB                                                           | CUSIP: 13937TCF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $231780.35    | 0.02%             | 2040-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility)                                                            | Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility), Series 2018, RB                                              | CUSIP: 57584YMG1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1565646.00   | 0.11%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.)                                                                         | New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.), Series 2019, Ref. RB                                                      | CUSIP: 64542UEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $410651.95    | 0.03%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.)                                                                   | Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.), Series 2018 A, RB                                                   | CUSIP: 74442PFS9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4640000 | PA      | $4738333.66   | 0.32%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Glenridge on Palmer Ranch)                                                                                       | Florida Development Finance Corp. (Glenridge on Palmer Ranch), Series 2021, Ref. RB                                                                    | CUSIP: 34061WAV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    110000 | PA      | $104580.03    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $581881.43    | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)                                           | New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2020, Ref. RB                        | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3097357.70   | 0.21%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.)                                                                      | Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.), Series 2019 A, Ref. PCR                                                | CUSIP: 677525WB9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1840613.20   | 0.12%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Benedictine University)                                                                                      | Illinois (State of) Finance Authority (Benedictine University), Series 2017, Ref. RB                                                                   | CUSIP: 45204EUG1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016516.10   | 0.07%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Newman International Academy)                                                                             | Arlington Higher Education Finance Corp. (Newman International Academy), Series 2021, RB                                                               | CUSIP: 041806E97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $182308.46    | 0.01%             | 2031-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Collegiate Charter School of Lowell                                                                                                                 | Collegiate Charter School of Lowell, Series 2019, RB                                                                                                   | CUSIP: 547649AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $496160.87    | 0.03%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                    | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2004 J, RB                                                                    | CUSIP: 7451903P1<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    475000 | PA      | $473927.02    | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront)                                                        | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront), Series 2021, RB                                          | CUSIP: 018444BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $689992.62    | 0.05%             | 2042-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Harrison (County of), WV Commission (Charles Pointe No. 2)                                                                                          | Harrison (County of), WV Commission (Charles Pointe No. 2), Series 2008 A, Ref. RB                                                                     | CUSIP: 41525AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $172310.34    | 0.01%             | 2023-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Pratt Paper LLC)                                                                                 | Ohio (State of) Air Quality Development Authority (Pratt Paper LLC), Series 2017, RB                                                                   | CUSIP: 67754AAD6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    250000 | PA      | $233029.40    | 0.02%             | 2038-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bradley (Village of), IL (Bradley Commons)                                                                                                          | Bradley (Village of), IL (Bradley Commons), Series 2018 A, Ref. RB                                                                                     | CUSIP: 10457HBH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $484832.58    | 0.03%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining)                                                                         | Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining), Series 2019 A, Ref. IDR                                                   | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $830360.70    | 0.06%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Memphis (City of) & Shelby (County of), TN Economic Development Growth Engine Industrial Development Board (Graceland)                              | Memphis (City of) & Shelby (County of), TN Economic Development Growth Engine Industrial Development Board (Graceland), Series 2017 A, Ref. RB         | CUSIP: 58611YAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $255665.76    | 0.02%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Lakeshore East)                                                                                                              | Chicago (City of), IL (Lakeshore East), Series 2022, Ref. RB                                                                                           | CUSIP: 167686AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    342000 | PA      | $299767.89    | 0.02%             | 2030-12-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Metropolitan District No. 3                                                                                                             | Morgan Hill Metropolitan District No. 3, Series 2021 A, GO Bonds                                                                                       | CUSIP: 61740BAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2166629.77   | 0.15%             | 2041-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQB4<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    373000 | PA      | $346807.49    | 0.02%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Polk (County of), FL Industrial Development Authority (Carpenter's Home Estates)                                                                    | Polk (County of), FL Industrial Development Authority (Carpenter's Home Estates), Series 2019, Ref. IDR                                                | CUSIP: 73112JAB6<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $1924763.66   | 0.13%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding)                                                | Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding), Series 2019, RB                                  | CUSIP: 72316VAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1643790.83   | 0.11%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)                                                             | Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2016, Ref. RB                                          | CUSIP: 088354FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $430812.06    | 0.03%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (The Hearthstone)                                                                                  | Washington (State of) Housing Finance Commission (The Hearthstone), Series 2018 A, Ref. RB                                                             | CUSIP: 939783WP7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    965000 | PA      | $884707.66    | 0.06%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Sunny Vista Living Center)                                                                         | Colorado (State of) Health Facilities Authority (Sunny Vista Living Center), Series 2015 A, Ref. RB                                                    | CUSIP: 19648A5J0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    105000 | PA      | $95707.19     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aurora (City of), IL (East River Area TIF No. 6)                                                                                                    | Aurora (City of), IL (East River Area TIF No. 6), Series 2018 A, Ref. RB                                                                               | CUSIP: 051688AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $796013.28    | 0.05%             | 2027-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.)                                                                                 | Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.), Series 2012 C, RB                                                                 | CUSIP: 45470CAF6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1783469.20   | 0.12%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 XX, RB                                                                             | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1392187.50   | 0.09%             | 2040-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), First Series 2001, GO Bonds                                                                                                       | CUSIP: 4521503D5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3681252.40   | 0.25%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Atwater (City of), CA                                                                                                                               | Atwater (City of), CA, Series 2017 A, Ref. RB                                                                                                          | CUSIP: 050002AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $639809.22    | 0.04%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing and Mortgage Finance Corp.                                                                                                     | Rhode Island Housing and Mortgage Finance Corp., Series 1992 10-A, RB                                                                                  | CUSIP: 762211RS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80180.93     | 0.01%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                               | Chicago (City of), IL, Series 2014 A, Ref. GO Bonds                                                                                                    | CUSIP: 167486SV2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |  11270000 | PA      | $11252528.12  | 0.76%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Beaumont Navigation District (Jefferson Gulf Coast Energy)                                                                                     | Port Beaumont Navigation District (Jefferson Gulf Coast Energy), Series 2021, RB                                                                       | CUSIP: 73360CAJ3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $814642.10    | 0.06%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| North City (City of), CA West School Facilities Financing Authority                                                                                 | North City (City of), CA West School Facilities Financing Authority, Series 2012 A, RB                                                                 | CUSIP: 658620FD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $606174.43    | 0.04%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC)                                                                | Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC), Series 2013, RB                                                  | CUSIP: 882667AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10212291.00  | 0.69%             | 2043-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.)                                                                                 | Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.), Series 2012 A, RB                                                                 | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1538447.11   | 0.10%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (Hmong College Prep Academy)                                                               | St. Paul (City of), MN Housing & Redevelopment Authority (Hmong College Prep Academy), Series 2016, Ref. RB                                            | CUSIP: 852297CA6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    810000 | PA      | $813092.42    | 0.05%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westerly Metropolitan District No. 4                                                                                                                | Westerly Metropolitan District No. 4, Series 2021 A, GO Bonds                                                                                          | CUSIP: 957568AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $901125.00    | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tunica (County of), MS                                                                                                                              | Tunica (County of), MS, Series 2019, Ref. RB                                                                                                           | CUSIP: 899759AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1422764.51   | 0.10%             | 2040-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado)                                                                 | Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado), Series 2019, RB                                                   | CUSIP: 04052BJR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $731749.89    | 0.05%             | 2029-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.)                                                    | New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.), Series 2019, Ref. RB                                 | CUSIP: 64577B5Z3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    517000 | PA      | $553373.33    | 0.04%             | 2037-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus)                                          | Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus), Series 2019 A, IDR                         | CUSIP: 04052BJC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $387945.84    | 0.03%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining)                                                                         | Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining), Series 2019 A, Ref. IDR                                                   | CUSIP: 90068FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7690500 | PA      | $6614756.71   | 0.45%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority                                                                                                      | California (State of) Public Finance Authority, Series 2019 A, RB                                                                                      | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3213125.10   | 0.22%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Career Success Schools)                                                                      | Pima (County of), AZ Industrial Development Authority (Career Success Schools), Series 2020, Ref. RB                                                   | CUSIP: 72177MTD9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1848158.81   | 0.12%             | 2030-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                   | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2017 A, Ref. RB                                              | CUSIP: 04052BBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $518739.16    | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.)                                                                         | Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.), Series 2018, COP                                                          | CUSIP: 24918TAN7<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    455000 | PA      | $477443.42    | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RiverSouth Authority                                                                                                                                | RiverSouth Authority, Series 2007 A, RB                                                                                                                | CUSIP: 769318CC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $579949.77    | 0.04%             | 2027-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lomira (Village of), WI Community Development Authority                                                                                             | Lomira (Village of), WI Community Development Authority, Series 2018 B, Ref. RB                                                                        | CUSIP: 541662AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175093.45    | 0.01%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District Public Facility Corp.                                                                                            | Ysleta Independent School District Public Facility Corp., Series 2001, Ref. RB                                                                         | CUSIP: 988169AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30298.70     | 0.00%             | 2024-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No. 5                                                                                                           | Rampart Range Metropolitan District No. 5, Series 2021, RB                                                                                             | CUSIP: 75157WAA0<br>LEI: 549300R7FFMPZ9FYUQ36 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1022063.63   | 0.07%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                      | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2020, RB                        | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5358885.95   | 0.36%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The) (No. 2)                                                                                                 | Southeast Alabama Gas Supply District (The) (No. 2), Series 2018 A, RB                                                                                 | CUSIP: 84131TAQ5<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5990471.40   | 0.40%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2018 B, Ref. RB                                                                                             | CUSIP: 888808HS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $44844.01     | 0.00%             | 2027-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp. (Medaille College)                                                                          | Buffalo & Erie County Industrial Land Development Corp. (Medaille College), Series 2018, Ref. RB                                                       | CUSIP: 11943KDF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375814.39    | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1237565.63   | 0.08%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mulberry Metropolitan District No 2 Capital Facilities Fee Revenue                                                                                  | Mulberry Metropolitan District No 2 Capital Facilities Fee Revenue, Series 2022, RB                                                                    | CUSIP: 62517PAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6079438.80   | 0.41%             | 2034-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Port Beaumont Navigation District (Jefferson Gulf Coast Energy)                                                                                     | Port Beaumont Navigation District (Jefferson Gulf Coast Energy), Series 2020, Ref. RB                                                                  | CUSIP: 73360CAC8<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2445605.40   | 0.17%             | 2035-01-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                                                                                          | Westchester County Local Development Corp., Series 2021, Ref. RB                                                                                       | CUSIP: 95737TEY8<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3265134.10   | 0.22%             | 2026-07-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                              | California Municipal Finance Authority, Series 2022, RB                                                                                                | CUSIP: 13048RAL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3985552.00   | 0.27%             | 2041-10-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Ecorse (City of), MI                                                                                                                                | Ecorse (City of), MI, Series 2011, GO Bonds                                                                                                            | CUSIP: 279155BW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1433036.89   | 0.10%             | 2026-11-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Lifespace Communities, Inc.)                                                                                     | Iowa (State of) Finance Authority (Lifespace Communities, Inc.), Series 2018 A, RB                                                                     | CUSIP: 46246K4R0<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1017118.00   | 0.07%             | 2038-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (ACCEL Schools)                                                                                 | Arizona (State of) Industrial Development Authority (ACCEL Schools), Series 2018 A, RB                                                                 | CUSIP: 04052BGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1895164.49   | 0.13%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                      | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $662733.50    | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUZ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    470000 | PA      | $487734.79    | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                                                                       | Florida Housing Finance Corp., Series 2015 A, RB                                                                                                       | CUSIP: 34074MLY5<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1127289.23   | 0.08%             | 2041-07-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care)                                                     | Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care), Series 2016, RB                                       | CUSIP: 605360SD9<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   3870000 | PA      | $3828354.16   | 0.26%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (Rossy & Richard Shaller Family Sholom East Campus)                                        | St. Paul (City of), MN Housing & Redevelopment Authority (Rossy & Richard Shaller Family Sholom East Campus), Series 2018, Ref. RB                     | CUSIP: 792893HE2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    250000 | PA      | $215937.18    | 0.01%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                   | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2018 I, Ref. RB                                                                              | CUSIP: 967249QC0<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    500000 | PA      | $467097.90    | 0.03%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prairie Center Metropolitan District No. 7                                                                                                          | Prairie Center Metropolitan District No. 7, Series 2021, GO Bonds                                                                                      | CUSIP: 739491AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1183235.43   | 0.08%             | 2046-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Mallard Creek Stem Academy)                                                                                               | Public Finance Authority (Mallard Creek Stem Academy), Series 2019 A, RB                                                                               | CUSIP: 74442EEA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1591651.23   | 0.11%             | 2029-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Detroit (City of), MI                                                                                                                               | Detroit (City of), MI, Series 2018, GO Bonds                                                                                                           | CUSIP: 2510933B4<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004835.20   | 0.07%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Searstone CCRC)                                                                                                           | Public Finance Authority (Searstone CCRC), Series 2021 A, Ref. RB                                                                                      | CUSIP: 74442PTH8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2187643.50   | 0.15%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Imagine School at North Manatee)                                                                                        | Capital Trust Agency, Inc. (Imagine School at North Manatee), Series 2021 C, RB                                                                        | CUSIP: 14054CEQ8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    465000 | PA      | $417779.44    | 0.03%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                                                                                                  | City of Chicago IL Wastewater Transmission Revenue, Series 2014, RB                                                                                    | CUSIP: 167727B62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011564.00   | 0.14%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peak Metropolitan District No. 1                                                                                                                    | Peak Metropolitan District No. 1, Series 2021 A, GO Bonds                                                                                              | CUSIP: 704676AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $452997.79    | 0.03%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                                                                                   | Florida Development Finance Corp., Series 2021, RB                                                                                                     | CUSIP: 34061UHY7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    325000 | PA      | $289535.55    | 0.02%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis (City of), MN (Spero Academy)                                                                                                           | Minneapolis (City of), MN (Spero Academy), Series 2017 A, RB                                                                                           | CUSIP: 60375CAM6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    590000 | PA      | $593180.99    | 0.04%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Waterford Township Economic Development Corp. (Canterbury Health Care, Inc.)                                                                        | Waterford Township Economic Development Corp. (Canterbury Health Care, Inc.), Series 2016 A, Ref. RB                                                   | CUSIP: 94136PAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1175781.25   | 0.08%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Universal Learning Academy)                                                                                  | Michigan (State of) Finance Authority (Universal Learning Academy), Series 2018, Ref. RB                                                               | CUSIP: 594479EJ2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518056.35    | 0.04%             | 2032-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Coral Academy of Science Reno)                                                                                            | Public Finance Authority (Coral Academy of Science Reno), Series 2019, Ref. RB                                                                         | CUSIP: 744396FE7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    375000 | PA      | $369691.84    | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                                                                                                          | Metropolitan Washington Airports Authority, Series 2015 B, Ref. RB                                                                                     | CUSIP: 592647BE0<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   9575000 | PA      | $9898747.03   | 0.67%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King (County of), WA Housing Authority (Rural Preservation)                                                                                         | King (County of), WA Housing Authority (Rural Preservation), Series 1997, RB                                                                           | CUSIP: 494759HB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5001.74      | 0.00%             | 2028-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| District of Columbia (Ingleside at Rock Creek)                                                                                                      | District of Columbia (Ingleside at Rock Creek), Series 2017 A, RB                                                                                      | CUSIP: 25483VSC9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1105617.34   | 0.07%             | 2027-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| West St. Paul (City of), MN (Walker Westwood Ridge Campus)                                                                                          | West St. Paul (City of), MN (Walker Westwood Ridge Campus), Series 2017, Ref. RB                                                                       | CUSIP: 95568PAK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $584215.91    | 0.04%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cicero (Town of), IL                                                                                                                                | Cicero (Town of), IL, Series 2012, Ref. GO Bonds                                                                                                       | CUSIP: 171646QZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1295000.01   | 0.09%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp. (Casella Waste Systems, Inc.)                                                                         | New York State Environmental Facilities Corp. (Casella Waste Systems, Inc.), Series 2020, RB                                                           | CUSIP: 649852AS9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947977.30    | 0.06%             | 2050-09-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Brighton Crossing Metropolitan District No. 6                                                                                                       | Brighton Crossing Metropolitan District No. 6, Series 2020 A, GO Bonds                                                                                 | CUSIP: 10933PAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $466146.79    | 0.03%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Park Place of Elmhurst)                                                                                      | Illinois (State of) Finance Authority (Park Place of Elmhurst), Series 2016, RB                                                                        | CUSIP: 45204FHC2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1088727 | PA      | $786531.22    | 0.05%             | 2060-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village) (Green Bonds)                                                                         | California (State of) Public Finance Authority (Enso Village) (Green Bonds), Series 2021, RB                                                           | CUSIP: 13057GAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $455380.50    | 0.03%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                   | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2017 A, Ref. RB                                              | CUSIP: 04052BBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $567851.41    | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Madison Academy)                                                                                             | Michigan (State of) Finance Authority (Madison Academy), Series 2021, Ref. RB                                                                          | CUSIP: 594479GT8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1221765.46   | 0.08%             | 2039-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects)                   | Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects), Series 2018 A, RB   | CUSIP: 04052BHC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $875184.16    | 0.06%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Floyd (County of), GA Development Authority (The Spires at Berry College)                                                                           | Floyd (County of), GA Development Authority (The Spires at Berry College), Series 2018 A, RB                                                           | CUSIP: 343572AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1853663.94   | 0.13%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1)                                                                    | Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1), Series 2017, RB                                                      | CUSIP: 04033EAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $312306.50    | 0.02%             | 2027-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group)                                                           | Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group), Series 2015, Ref. RB                                        | CUSIP: 610218BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $176638.74    | 0.01%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford)                                                               | New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford), Series 2016 A, RB                                               | CUSIP: 64542UCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1042963.45   | 0.07%             | 2036-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (United States Steel Corp.)                                                                                    | Indiana (State of) Finance Authority (United States Steel Corp.), Series 2021 A, Ref. RB                                                               | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4876783.50   | 0.33%             | 2026-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District)                                   | St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District), Series 2016, RB                     | CUSIP: 78764LAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1132492.08   | 0.08%             | 2034-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lee's Summit (City of), MO Industrial Development Authority (John Knox Village)                                                                     | Lee's Summit (City of), MO Industrial Development Authority (John Knox Village), Series 2018, Ref. RB                                                  | CUSIP: 524292BE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2552943.08   | 0.17%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands (Government of) Port Authority                                                                                                       | Virgin Islands (Government of) Port Authority, Series 2014 A, Ref. RB                                                                                  | CUSIP: 927674AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995005.60    | 0.07%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manhattan (Village of), IL Special Service Area No. 2004-1 (Brookstone Springs)                                                                     | Manhattan (Village of), IL Special Service Area No. 2004-1 (Brookstone Springs), Series 2015, Ref. RB                                                  | CUSIP: 562863AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    159000 | PA      | $158159.38    | 0.01%             | 2024-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc.)                                                                                                       | Houston (City of), TX (United Airlines, Inc.), Series 2018, RB                                                                                         | CUSIP: 4423487V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1773897.48   | 0.12%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Power County Industrial Development Corp. (FMC Corp.)                                                                                               | Power County Industrial Development Corp. (FMC Corp.), Series 1999, RB                                                                                 | CUSIP: 739247AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130458.33    | 0.01%             | 2032-08-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                   | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2018 I, Ref. RB                                                                              | CUSIP: 967249QB2<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    935000 | PA      | $915354.15    | 0.06%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                       | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $841413.30    | 0.06%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Metropolitan District No. 3                                                                                                             | Morgan Hill Metropolitan District No. 3, Series 2021 A, GO Bonds                                                                                       | CUSIP: 61740BAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $781482.87    | 0.05%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Newman International Academy)                                                                             | Arlington Higher Education Finance Corp. (Newman International Academy), Series 2021, RB                                                               | CUSIP: 041806F21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $545594.94    | 0.04%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2017 D, GO Bonds                                                                                                           | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4128610.80   | 0.28%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Aviation                                                                                                                 | Miami-Dade (County of), FL Aviation, Series 2014, Ref. RB                                                                                              | CUSIP: 59333PH76<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3063539.40   | 0.21%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), KS (North Broadway - Pittsburgh Town Center)                                                                                  | Pittsburgh (City of), KS (North Broadway - Pittsburgh Town Center), Series 2006, RB                                                                    | CUSIP: 724713AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $192829.15    | 0.01%             | 2027-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati (Port of), OH Development Authority                                                                                              | Greater Cincinnati (Port of), OH Development Authority, Series 2004, RB                                                                                | CUSIP: 734198AA2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    325000 | PA      | $324132.87    | 0.02%             | 2024-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Centerpoint Intermodal Center Program Trust                                                                                                         | Centerpoint Intermodal Center Program Trust, Series 2004 A, Ctfs.                                                                                      | CUSIP: 15189VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $319893.92    | 0.02%             | 2023-06-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                      | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5086196.00   | 0.34%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Youngstown (City of), OH Metropolitan Housing Authority                                                                                             | Youngstown (City of), OH Metropolitan Housing Authority, Series 2014, RB                                                                               | CUSIP: 987675AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $34890.89     | 0.00%             | 2023-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Maine (State of) Finance Authority (Supplemental Education Loan Program)                                                                            | Maine (State of) Finance Authority (Supplemental Education Loan Program), Series 2017 A-1, RB                                                          | CUSIP: 56042TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101992.84    | 0.01%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 2012 A, GO Bonds                                                                                      | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14336140.50  | 0.97%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cicero (Town of), IL                                                                                                                                | Cicero (Town of), IL, Series 2012, Ref. GO Bonds                                                                                                       | CUSIP: 171646RA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1005000.00   | 0.07%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Paideia Academies (The))                                                                     | Pima (County of), AZ Industrial Development Authority (Paideia Academies (The)), Series 2019, RB                                                       | CUSIP: 72177MRW9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    175000 | PA      | $164157.77    | 0.01%             | 2029-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Morton Grove (Village of), IL (Sawmill Station Redevelopment)                                                                                       | Morton Grove (Village of), IL (Sawmill Station Redevelopment), Series 2019, RB                                                                         | CUSIP: 619295AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $830493.75    | 0.06%             | 2029-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Beehive Science & Technology)                                                                     | Utah (State of) Charter School Finance Authority (Beehive Science & Technology), Series 2021, RB                                                       | CUSIP: 91754TL92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $1812708.34   | 0.12%             | 2041-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Proton International)                                                                                                     | Public Finance Authority (Proton International), Series 2021 A, RB                                                                                     | CUSIP: 74442PVP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3110000 | PA      | $2509068.70   | 0.17%             | 2041-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools)                                                           | Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools), Series 2019, RB                                             | CUSIP: 72177PCE8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $464273.95    | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis (City of), MN (Spero Academy)                                                                                                           | Minneapolis (City of), MN (Spero Academy), Series 2017 A, RB                                                                                           | CUSIP: 60375CAN4<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1098053.39   | 0.07%             | 2032-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge)                                   | Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge), Series 2019 B, RB                   | CUSIP: 655909CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3146057.60   | 0.21%             | 2025-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lee's Summit (City of), MO Industrial Development Authority (John Knox Village Obligated Group)                                                     | Lee's Summit (City of), MO Industrial Development Authority (John Knox Village Obligated Group), Series 2014 A, RB                                     | CUSIP: 524292AN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5235000 | PA      | $4876148.08   | 0.33%             | 2039-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Arizona Development Authority                                                                                                               | Greater Arizona Development Authority, Series 2007 A, RB                                                                                               | CUSIP: 391577MP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5006.04      | 0.00%             | 2032-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati (Port of), OH Development Authority                                                                                              | Greater Cincinnati (Port of), OH Development Authority, Series 2004, RB                                                                                | CUSIP: 734198AB0<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1884833.54   | 0.13%             | 2034-02-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group)                                                           | Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group), Series 2015, Ref. RB                                        | CUSIP: 610218BH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $468768.47    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Explore Academy)                                                                                                          | Public Finance Authority (Explore Academy), Series 2022 A, RB                                                                                          | CUSIP: 74443DHE4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4175000 | PA      | $3740681.85   | 0.25%             | 2039-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Burke (County of), GA Development Authority (Oglethorpe Power Corp.)                                                                                | Burke (County of), GA Development Authority (Oglethorpe Power Corp.), Series 2017 E, RB                                                                | CUSIP: 121342PN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2963827.20   | 0.20%             | 2045-11-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                               | Chicago (City of), IL, Series 2017 A, Ref. GO Bonds                                                                                                    | CUSIP: 167486ZT9<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032840.50   | 0.07%             | 2029-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park (City of), MN (Athlos Leadership Academy)                                                                                             | Brooklyn Park (City of), MN (Athlos Leadership Academy), Series 2015 A, RB                                                                             | CUSIP: 114224AG3<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |    530000 | PA      | $518421.99    | 0.04%             | 2025-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy)                                                                  | Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy), Series 2018, RB                                                    | CUSIP: 72177PBX7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969056.60    | 0.07%             | 2026-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School)                                                                          | Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School), Series 2015, RB                                                            | CUSIP: 452022AE6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    255000 | PA      | $259468.49    | 0.02%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.)                                                                         | Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.), Series 2018, COP                                                          | CUSIP: 24918TAK3<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529388.90    | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                                                                                | Mida Mountain Village Public Infrastructure District, Series 2020 A, RB                                                                                | CUSIP: 59561TAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1094781.42   | 0.07%             | 2040-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| East Dundee (Village of), IL (Route 25 South Redevelopment)                                                                                         | East Dundee (Village of), IL (Route 25 South Redevelopment), Series 2012, RB                                                                           | CUSIP: 272104AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290000.00    | 0.02%             | 2022-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Montgomery Place)                                                                                            | Illinois (State of) Finance Authority (Montgomery Place), Series 2017, Ref. RB                                                                         | CUSIP: 45204ETC2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1097249.42   | 0.07%             | 2024-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Ohio (State of) Housing Finance Agency (Sanctuary at Springboro)                                                                                    | Ohio (State of) Housing Finance Agency (Sanctuary at Springboro), Series 2017, RB                                                                      | CUSIP: 676900UC5<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    450000 | PA      | $377604.27    | 0.03%             | 2032-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                                                                                | Puerto Rico Electric Power Authority                                                                                                                   | CUSIP: 74526QC59<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1199459 | PA      | $935578.02    | 0.06%             | 2049-12-01      | Floating      | 10.00%                | Yes           |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                                                                                           | City of Houston TX Airport System Revenue, Series 2011, RB                                                                                             | CUSIP: 4423485S3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1450505.62   | 0.10%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Southern Ohio Port Authority (Purecycle)                                                                                                            | Southern Ohio Port Authority (Purecycle), Series 2020 A, RB                                                                                            | CUSIP: 84355AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3471634.66   | 0.23%             | 2025-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Viera Charter Schools, Inc.)                                                                                            | Capital Trust Agency, Inc. (Viera Charter Schools, Inc.), Series 2017 A, RB                                                                            | CUSIP: 14054CAJ8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1532351.12   | 0.10%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc.)                                                                                 | New York Transportation Development Corp. (American Airlines, Inc.), Series 2016, Ref. RB                                                              | CUSIP: 650116BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8500094.35   | 0.57%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Brooklyn Navy Yard)                                                                                                       | Build NYC Resource Corp. (Brooklyn Navy Yard), Series 2019, Ref. RB                                                                                    | CUSIP: 12008EPN0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2776109.10   | 0.19%             | 2033-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)                                                           | Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.), Series 2014, RB                                             | CUSIP: 010685JT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1168782.45   | 0.08%             | 2034-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Mishawaka (City of), IN                                                                                                                             | Mishawaka (City of), IN, Series 2017, RB                                                                                                               | CUSIP: 604786AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $484637.10    | 0.03%             | 2032-01-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Crandall (City of), TX                                                                                                                              | Crandall (City of), TX, Series 2021, RB                                                                                                                | CUSIP: 224384AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $91961.70     | 0.01%             | 2031-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 1998 B-1, GO Bonds                                                                                    | CUSIP: 167501UL7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $890332.30    | 0.06%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village West County)                                                         | St. Louis (County of), MO Industrial Development Authority (Friendship Village West County), Series 2018 A, RB                                         | CUSIP: 791524CH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000684.90   | 0.07%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.)                                                                         | Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.), Series 2018, COP                                                          | CUSIP: 24918TAL1<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    350000 | PA      | $370384.60    | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO Land Clearance for Redevelopment Authority (Convention Center Hotel)                                                      | Kansas City (City of), MO Land Clearance for Redevelopment Authority (Convention Center Hotel), Series 2018 B, RB                                      | CUSIP: 48504MAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $805206.43    | 0.05%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Mobile (City of), AL Improvement District (McGowin Park)                                                                                            | Mobile (City of), AL Improvement District (McGowin Park), Series 2016 A, RB                                                                            | CUSIP: 607155AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $188476.20    | 0.01%             | 2030-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $499703.80    | 0.03%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Copper Ridge Metropolitan District                                                                                                                  | Copper Ridge Metropolitan District, Series 2019, RB                                                                                                    | CUSIP: 217558AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2739000 | PA      | $2500185.77   | 0.17%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwelath of) Electric Power Authority                                                                                              | Puerto Rico (Commonwelath of) Electric Power Authority, Series 2010 XX, RB                                                                             | CUSIP: 74526QWD0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    250000 | PA      | $185625.00    | 0.01%             | 2027-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Dominion Water & Sanitation District                                                                                                                | Dominion Water & Sanitation District, Series 2022, RB                                                                                                  | CUSIP: 25755AAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3360301.60   | 0.23%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                           | New York Transportation Development Corp., Series 2022, RB                                                                                             | CUSIP: 650116FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7284111.10   | 0.49%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387656.73    | 0.03%             | 2029-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Searstone CCRC)                                                                                                           | Public Finance Authority (Searstone CCRC), Series 2021 A, Ref. RB                                                                                      | CUSIP: 74442PTJ4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1208316.60   | 0.08%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Development and Housing Agency (Fifth + Broadway Development)                                                                          | Metropolitan Development and Housing Agency (Fifth + Broadway Development), Series 2018, RB                                                            | CUSIP: 591874AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009768.00   | 0.07%             | 2036-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Houston Higher Education Finance Corp. (Houston Baptist University)                                                                                 | Houston Higher Education Finance Corp. (Houston Baptist University), Series 2021, RB                                                                   | CUSIP: 44237QAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $587539.54    | 0.04%             | 2037-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Frasier Meadows Retirement Community)                                                              | Colorado (State of) Health Facilities Authority (Frasier Meadows Retirement Community), Series 2017 A, Ref. RB                                         | CUSIP: 19648FBP8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    475000 | PA      | $476629.44    | 0.03%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2009 A, RB                                                                           | CUSIP: 646136WP2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $943038.67    | 0.06%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (United Airlines, Inc. Terminal E)                                                                             | Houston (City of), TX Airport System (United Airlines, Inc. Terminal E), Series 2014, Ref. RB                                                          | CUSIP: 4423487G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3231063.65   | 0.22%             | 2024-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills)                                                                                | Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills), Series 2004, RB                                                                  | CUSIP: 017347HW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    507708 | PA      | $456937.07    | 0.03%             | 2023-07-01      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Municipal Finance Agency                                                                                              | Puerto Rico (Commonwealth of) Municipal Finance Agency, Series 2002 A, RB                                                                              | CUSIP: 745277PD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1615740.50   | 0.11%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                     | Calplant I, LLC, Series 22A                                                                                                                            | CUSIP: 13136CAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    530000 | PA      | $530000.00    | 0.04%             | 2022-12-12      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities)                                                               | Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities), Series 2019, RB                                                 | CUSIP: 16080TAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $897244.39    | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                                                                                          | New Orleans Aviation Board, Series 2015, RB                                                                                                            | CUSIP: 64763HFK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7700000 | PA      | $7766199.21   | 0.52%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)                                                                     | Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020 B-2, Ref. RB                                              | CUSIP: 87638RKK2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    475000 | PA      | $454598.56    | 0.03%             | 2026-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Roanoke (City of), VA Economic Development Authority (Richfield Living)                                                                             | Roanoke (City of), VA Economic Development Authority (Richfield Living), Series 2020, RB                                                               | CUSIP: 77008PAA2<br>LEI: 549300P5QQORJY0U4T83 | Long             | DBT              | MUN               | US        |    770000 | PA      | $605785.87    | 0.04%             | 2030-09-01      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Temple (City of), TX                                                                                                                                | Temple (City of), TX, Series 2018 A, RB                                                                                                                | CUSIP: 880157BF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4320000 | PA      | $4443003.36   | 0.30%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Imagine School at North Manate)                                                                                         | Capital Trust Agency, Inc. (Imagine School at North Manate), Series 2021, RB                                                                           | CUSIP: 14054CDW6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    975000 | PA      | $875989.14    | 0.06%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Hope Christian Schools)                                                             | Wisconsin (State of) Health & Educational Facilities Authority (Hope Christian Schools), Series 2021, RB                                               | CUSIP: 97712JDQ3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    560000 | PA      | $458183.88    | 0.03%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                                                                                             | South Carolina Public Service Authority, Series 2014, RB                                                                                               | CUSIP: 837151F38<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2477116.36   | 0.17%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 CCC, RB                                                                            | CUSIP: 74526QZA3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6565000 | PA      | $4874512.50   | 0.33%             | 2026-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Covanta Green Bonds)                                                                           | New Hampshire (State of) Business Finance Authority (Covanta Green Bonds), Series 2020 B, Ref. RB                                                      | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $340696.94    | 0.02%             | 2045-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Deephaven (City of), MN (Seven Hills Preparatory Academy)                                                                                           | Deephaven (City of), MN (Seven Hills Preparatory Academy), Series 2017, RB                                                                             | CUSIP: 24380HBJ0<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    235000 | PA      | $226796.88    | 0.02%             | 2027-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Kansas Masonic Home)                                                                                                         | Wichita (City of), KS (Kansas Masonic Home), Series 2016 II-A, RB                                                                                      | CUSIP: 967249PU1<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    500000 | PA      | $200000.00    | 0.01%             | 2024-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (River City Science Academy)                                                                                      | Florida Development Finance Corp. (River City Science Academy), Series 2022, RB                                                                        | CUSIP: 34061UJM1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    435000 | PA      | $435992.50    | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (New Jersey Transportation Bonds)                                                              | New Jersey (State of) Economic Development Authority (New Jersey Transportation Bonds), Series 2020 A, RB                                              | CUSIP: 64577XAT3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3544524.29   | 0.24%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) Department of Education (John F. Kennedy)                                                                                       | Guam (Territory of) Department of Education (John F. Kennedy), Series 2020, Ref. COP                                                                   | CUSIP: 40065AAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1449955.20   | 0.10%             | 2030-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 UU, Ref. RB                                                                        | CUSIP: 74526QLS9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10066.92     | 0.00%             | 2023-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                            | Public Finance Authority, Series 2022, RB                                                                                                              | CUSIP: 744396HR6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    335000 | PA      | $319274.83    | 0.02%             | 2037-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (Air Force Village Obligated Group)                                                      | Tarrant County Cultural Education Facilities Finance Corp. (Air Force Village Obligated Group), Series 2016, Ref. RB                                   | CUSIP: 87638RHH3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1288791.00   | 0.09%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $557199.77    | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District)                                               | Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District), Series 2019 A, RB                               | CUSIP: 41524TAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $731508.90    | 0.05%             | 2042-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| I-470 Western Gateway Transportation Development District                                                                                           | I-470 Western Gateway Transportation Development District, Series 2019 A, RB                                                                           | CUSIP: 44952RAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1639621.70   | 0.11%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Marion (County of), OH (United Church Homes, Inc.)                                                                                                  | Marion (County of), OH (United Church Homes, Inc.), Series 2019, Ref. RB                                                                               | CUSIP: 569120AW8<br>LEI: 549300Y83A05IEINZY87 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $1795451.33   | 0.12%             | 2049-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), CO Center Metropolitan District No. 1                                                                                        | Jefferson (County of), CO Center Metropolitan District No. 1, Series 2020 B, Ref. RB                                                                   | CUSIP: 47248EAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5499000 | PA      | $5191433.23   | 0.35%             | 2050-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Kansas Masonic Home)                                                                                                         | Wichita (City of), KS (Kansas Masonic Home), Series 2016 II-A, RB                                                                                      | CUSIP: 967249PX5<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $720000.00    | 0.05%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Golden Door Charter School)                                                                   | New Jersey (State of) Economic Development Authority (Golden Door Charter School), Series 2018 A, RB                                                   | CUSIP: 645912EV4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    215000 | PA      | $214186.74    | 0.01%             | 2029-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (American Dream at Meadowlands)                                                                                            | Public Finance Authority (American Dream at Meadowlands), Series 2017, RB                                                                              | CUSIP: 74446EAB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $299661.60    | 0.02%             | 2031-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                                                                                   | Florida Development Finance Corp., Series 2022, RB                                                                                                     | CUSIP: 34061VAA4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971991.80    | 0.07%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group)                                                           | Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group), Series 2015, Ref. RB                                        | CUSIP: 610218BJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $569752.18    | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                                                                                | Puerto Rico Electric Power Authority                                                                                                                   | CUSIP: 74526QB92<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1199460 | PA      | $935578.80    | 0.06%             | 2049-12-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority (American Dream at Meadowlands)                                                                                            | Public Finance Authority (American Dream at Meadowlands), Series 2017, RB                                                                              | CUSIP: 74446EAA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $410280.60    | 0.03%             | 2027-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Gulf Coast Industrial Development Authority                                                                                                         | Gulf Coast Industrial Development Authority, Series 1998, RB                                                                                           | CUSIP: 40220MAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340290.09    | 0.02%             | 2028-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                                                                                      | Black Belt Energy Gas District, Series 2022, RB                                                                                                        | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2623613.25   | 0.18%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Irvington Community School)                                                                                   | Indiana (State of) Finance Authority (Irvington Community School), Series 2018 A, Ref. RB                                                              | CUSIP: 45506DP74<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    815000 | PA      | $813025.58    | 0.05%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arkansas (State of) Development Finance Authority (Big River Steel)                                                                                 | Arkansas (State of) Development Finance Authority (Big River Steel), Series 2019, RB                                                                   | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7370000 | PA      | $6371101.89   | 0.43%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Advanced Technology Academy                                                                                                                         | Advanced Technology Academy, Series 2019, Ref. RB                                                                                                      | CUSIP: 00766SAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1111487.61   | 0.08%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363Q2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4680000 | PA      | $4915416.62   | 0.33%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2020, GO Bonds                                                                                                             | CUSIP: 4521526F3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008517.60   | 0.07%             | 2023-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Oakwood Lutheran Senior Ministries)                                                 | Wisconsin (State of) Health & Educational Facilities Authority (Oakwood Lutheran Senior Ministries), Series 2021, Ref. RB                              | CUSIP: 97712JEC3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1228965.28   | 0.08%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Corp. (Presbyterian Village North)                                                                           | New Hope Cultural Education Facilities Corp. (Presbyterian Village North), Series 2018, Ref. RB                                                        | CUSIP: 64542UEG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1637670.05   | 0.11%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Convention Center Public Facilities District (Green Notes)                                                                    | Washington (State of) Convention Center Public Facilities District (Green Notes), Series 2021, RB                                                      | CUSIP: 93976ACR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1400762.28   | 0.09%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UIPA Crossroads Public Infrastructure District                                                                                                      | UIPA Crossroads Public Infrastructure District, Series 2021, RB                                                                                        | CUSIP: 90279EAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2558589.00   | 0.17%             | 2041-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Maine (State of) Finance Authority (Supplemental Education Loan Program)                                                                            | Maine (State of) Finance Authority (Supplemental Education Loan Program), Series 2017 A-1, RB                                                          | CUSIP: 56042TAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.03%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arnold Retail Corridor Transportation Development District                                                                                          | Arnold Retail Corridor Transportation Development District, Series 2019, Ref. RB                                                                       | CUSIP: 04259PAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $132060.08    | 0.01%             | 2028-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Baltimore (City of), MD (East Baltimore Research Park)                                                                                              | Baltimore (City of), MD (East Baltimore Research Park), Series 2017, Ref. RB                                                                           | CUSIP: 05923TBW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $416393.07    | 0.03%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Roosevelt University)                                                                                        | Illinois (State of) Finance Authority (Roosevelt University), Series 2007, RB                                                                          | CUSIP: 45200FCN7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1866337.00   | 0.13%             | 2037-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2017 G, RB                                                                                                | CUSIP: 167593YH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $421064.28    | 0.03%             | 2030-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Linder Village)                                                                                | Arizona (State of) Industrial Development Authority (Linder Village), Series 2020, RB                                                                  | CUSIP: 040523AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2485308.95   | 0.17%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences)                                                                            | Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences), Series 2018 B, RB                                                            | CUSIP: 140542BM2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    625000 | PA      | $112500.00    | 0.01%             | 2033-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100296.90    | 0.01%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (NCCD Hooper Street LLC California College of the Arts)                           | California (State of) Statewide Communities Development Authority (NCCD Hooper Street LLC California College of the Arts), Series 2019, RB             | CUSIP: 13081CAB4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    900000 | PA      | $873943.29    | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.)                                                                         | Denver (City & County of), CO Health & Hospital Authority (550 Acoma, Inc.), Series 2018, COP                                                          | CUSIP: 24918TAM9<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    375000 | PA      | $395313.00    | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (I-75 Improvement Project)                                                                                       | Michigan (State of) Strategic Fund (I-75 Improvement Project), Series 2018, RB                                                                         | CUSIP: 594698QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039380.40   | 0.14%             | 2033-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JPU3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   7162000 | PA      | $6761229.52   | 0.46%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (NY Preparatory Charter School)                                                                                            | Build NYC Resource Corp. (NY Preparatory Charter School), Series 2021 A, RB                                                                            | CUSIP: 12008ERQ1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    300000 | PA      | $282343.56    | 0.02%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 UU, Ref. RB                                                                        | CUSIP: 74526QLV2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1444602.88   | 0.10%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Lawrence Technological University)                                                                           | Michigan (State of) Finance Authority (Lawrence Technological University), Series 2017, Ref. RB                                                        | CUSIP: 594479DA2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4262767.28   | 0.29%             | 2027-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Covanta)                                                                                       | New Hampshire (State of) Business Finance Authority (Covanta), Series 2018 A, Ref. RB                                                                  | CUSIP: 63607YAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1437828.45   | 0.10%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kelso (City of), WA Housing Authority                                                                                                               | Kelso (City of), WA Housing Authority, Series 1998, RB                                                                                                 | CUSIP: 488269AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $119997.19    | 0.01%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.)                                                              | Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.), Series 2019, Ref. RB                                           | CUSIP: 01730PAA7<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006118.20   | 0.20%             | 2024-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)                                                                         | Utah (State of) Charter School Finance Authority (Ascent Academies of Utah), Series 2022, RB                                                           | CUSIP: 91754TR70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1706347.09   | 0.12%             | 2027-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                   | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2017 A, Ref. RB                                              | CUSIP: 04052BBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $538155.64    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                      | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, Special Facilities RB     | CUSIP: 650116CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2536405.27   | 0.17%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area)                                                                  | Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area), Series 2016, RB                                                    | CUSIP: 779719AD5<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    670000 | PA      | $659453.26    | 0.04%             | 2030-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054049.10   | 0.07%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Virtus Academy)                                                                      | South Carolina (State of) Jobs-Economic Development Authority (Virtus Academy), Series 2021 A, RB                                                      | CUSIP: 83704MBY1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    920000 | PA      | $804840.01    | 0.05%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marietta (City of), GA Developing Authority (Life University, Inc.)                                                                                 | Marietta (City of), GA Developing Authority (Life University, Inc.), Series 2017 A, Ref. RB                                                            | CUSIP: 567656DY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2293254.55   | 0.16%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2013, GO Bonds                                                                                                             | CUSIP: 452152TB7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511147.10   | 0.10%             | 2033-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Atwater (City of), CA                                                                                                                               | Atwater (City of), CA, Series 2017 A, Ref. RB                                                                                                          | CUSIP: 050002AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $755532.26    | 0.05%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                             | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2013 A, Ref. RB                                        | CUSIP: 821697H77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $172148.20    | 0.01%             | 2041-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority                                                                                              | Palm Beach (County of), FL Health Facilities Authority, Series 2020 B-1, RB                                                                            | CUSIP: 696507UU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $910000.00    | 0.06%             | 2027-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Benjamin Franklin Charter School)                                                        | Maricopa (County of), AZ Industrial Development Authority (Benjamin Franklin Charter School), Series 2018, RB                                          | CUSIP: 56681NCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1605878.24   | 0.11%             | 2028-07-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUW6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    380000 | PA      | $397844.99    | 0.03%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bethel (City of), MN (Spectrum High School)                                                                                                         | Bethel (City of), MN (Spectrum High School), Series 2017 A, Ref. RB                                                                                    | CUSIP: 086759AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $573211.82    | 0.04%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2017, RB                                             | CUSIP: 018444AW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2728963.60   | 0.18%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp. (Friendship Village of Kalamazoo)                                                                              | Kalamazoo Economic Development Corp. (Friendship Village of Kalamazoo), Series 2021, Ref. RB                                                           | CUSIP: 483228EB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1019396.99   | 0.07%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp. (AFCO Cargo BWI II, LLC)                                                                                        | Maryland Economic Development Corp. (AFCO Cargo BWI II, LLC), Series 2017, Ref. RB                                                                     | CUSIP: 57420MAE3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    855000 | PA      | $847606.82    | 0.06%             | 2024-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Red River Health Facilities Development Corp. (MRC Crossing)                                                                                        | Red River Health Facilities Development Corp. (MRC Crossing), Series 2014 A, RB                                                                        | CUSIP: 75687DAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1983628.20   | 0.13%             | 2044-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Renaissance Academy)                                                                              | Utah (State of) Charter School Finance Authority (Renaissance Academy), Series 2020, Ref. RB                                                           | CUSIP: 91754TC68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $336551.71    | 0.02%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Cesar Chavez Academy)                                                                                        | Michigan (State of) Finance Authority (Cesar Chavez Academy), Series 2019, Ref. RB                                                                     | CUSIP: 594479EM5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    700000 | PA      | $659670.62    | 0.04%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegany County Capital Resource Corp. (Houghton College)                                                                                           | Allegany County Capital Resource Corp. (Houghton College), Series 2022 A, Ref. RB                                                                      | CUSIP: 017095AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1457147.00   | 0.10%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch)                                                                  | Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch), Series 2016 B-2, RB                                                | CUSIP: 704387AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    978237 | PA      | $2445.59      | 0.00%             | 2023-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) (Cleveland Clinic Health System Obligated Group)                                                                                    | Ohio (State of) (Cleveland Clinic Health System Obligated Group), Series 2018, Ref. RB                                                                 | CUSIP: 67756CDH8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1460447.78   | 0.10%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  11268000 | PA      | $2120211.67   | 0.14%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System)                                                             | Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System), Series 2019, Ref. RB                                          | CUSIP: 97712D3Y0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    935000 | PA      | $910245.69    | 0.06%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe)                                                                  | Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe), Series 2021 A, Ref. RB                                             | CUSIP: 87972MBN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $347675.07    | 0.02%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                               | Chicago (City of), IL, Series 2017 A, Ref. GO Bonds                                                                                                    | CUSIP: 167486ZX0<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535726.85   | 0.10%             | 2034-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (Green Bonds)                                                                                                    | Michigan (State of) Strategic Fund (Green Bonds), Series 2021, RB                                                                                      | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7610000 | PA      | $7360117.28   | 0.50%             | 2061-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau (County of), MO Industrial Development Authority (Procter & Gamble Paper Products Co. (The))                                         | Cape Girardeau (County of), MO Industrial Development Authority (Procter & Gamble Paper Products Co. (The)), Series 1998, RB                           | CUSIP: 13940PAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31091.49     | 0.00%             | 2028-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $695402.49    | 0.05%             | 2030-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (School Facilities Construction)                                                               | New Jersey (State of) Economic Development Authority (School Facilities Construction), Series 2013, Ref. RB                                            | CUSIP: 645918W58<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000461.30   | 0.07%             | 2028-03-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities)                                                               | Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities), Series 2021, RB                                                 | CUSIP: 16080TAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1450673.46   | 0.10%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp./TN                                                                                                                                   | Tennergy Corp./TN, Series 2022, RB                                                                                                                     | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5950000 | PA      | $6218275.39   | 0.42%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Lenexa (City of), KS (Lakeview Village, Inc.)                                                                                                       | Lenexa (City of), KS (Lakeview Village, Inc.), Series 2018 A, Ref. RB                                                                                  | CUSIP: 526039DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1457140.18   | 0.10%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities)                                                     | Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities), Series 2017 A, RB                                     | CUSIP: 74446DAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3560177.06   | 0.24%             | 2035-06-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Salt Lake (City of), UT                                                                                                                             | Salt Lake (City of), UT, Series 2017 A, RB                                                                                                             | CUSIP: 795576FV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3096702.90   | 0.21%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brighton Crossing Metropolitan District No. 6                                                                                                       | Brighton Crossing Metropolitan District No. 6, Series 2020 A, GO Bonds                                                                                 | CUSIP: 10933PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $497186.53    | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QKW1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1472600.00   | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village)                                                             | Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village), Series 2007, RB                                               | CUSIP: 447297AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $57150.00     | 0.00%             | 2028-01-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Collegiate Charter School of Lowell                                                                                                                 | Collegiate Charter School of Lowell, Series 2019, RB                                                                                                   | CUSIP: 547649AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982324.60    | 0.07%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.)                                                     | Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB                                  | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3023442.00   | 0.20%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.)                                                            | Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.), Series 2013 A, RB                                            | CUSIP: 890096BC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $495000.00    | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Roseman University of Health Sciences)                                                                                    | Public Finance Authority (Roseman University of Health Sciences), Series 2022, Ref. RB                                                                 | CUSIP: 74442PVT9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    915000 | PA      | $830158.91    | 0.06%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa (City of), OK Municipal Airport Trust (American Airlines Group, Inc.)                                                                         | Tulsa (City of), OK Municipal Airport Trust (American Airlines Group, Inc.), Series 2015, Ref. RB                                                      | CUSIP: 899661EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6340000 | PA      | $6400666.19   | 0.43%             | 2035-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Sonoma County Junior College)                                                                       | California (State of) School Finance Authority (Sonoma County Junior College), Series 2021, RB                                                         | CUSIP: 13059AAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903916.30    | 0.06%             | 2031-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools)                                                           | Pima (County of), AZ Industrial Development Authority (Imagine East Mesa Charter Schools), Series 2019, RB                                             | CUSIP: 72177PCD0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    400000 | PA      | $385338.36    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia (Commonwealth of) Small Business Financing Authority (Covanta)                                                                             | Virginia (Commonwealth of) Small Business Financing Authority (Covanta), Series 2018, RB                                                               | CUSIP: 928106AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2218084.41   | 0.15%             | 2048-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                             | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2013 A, Ref. RB                                        | CUSIP: 821697K81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $163415.84    | 0.01%             | 2047-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia (Ingleside at Rock Creek)                                                                                                      | District of Columbia (Ingleside at Rock Creek), Series 2017 A, RB                                                                                      | CUSIP: 25483VSD7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1424294.25   | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (American Leadership Academy)                                                                 | Pima (County of), AZ Industrial Development Authority (American Leadership Academy), Series 2015, Ref. RB                                              | CUSIP: 72177MQY6<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3353222.46   | 0.23%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Mirabelle Metropolitan District No. 2                                                                                                               | Mirabelle Metropolitan District No. 2, Series 2020 A, GO Bonds                                                                                         | CUSIP: 60458HAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $652021.44    | 0.04%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Shefa School)                                                                                                             | Build NYC Resource Corp. (Shefa School), Series 2021 A, RB                                                                                             | CUSIP: 12008ERW8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    750000 | PA      | $684257.33    | 0.05%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                                                                                             | University of Kansas Hospital Authority, Series 2015, RB                                                                                               | CUSIP: 914367DF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5202930.50   | 0.35%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comanche (County of), OK Hospital Authority                                                                                                         | Comanche (County of), OK Hospital Authority, Series 2015, Ref. RB                                                                                      | CUSIP: 199875HJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $620524.30    | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.)                                                        | California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.), Series 2012, RB                                          | CUSIP: 1307955V5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6250134.38   | 0.42%             | 2034-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (La Salle University)                                                               | Philadelphia (City of), PA Authority for Industrial Development (La Salle University), Series 2017, Ref. RB                                            | CUSIP: 71781XDL4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1754868.31   | 0.12%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds)                                                              | California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds), Series 2017, RB                                                | CUSIP: 130536QZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $2475000.00   | 0.17%             | 2032-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cleveland (City of) & Cuyahoga (County of), OH Port Authority                                                                                       | Cleveland (City of) & Cuyahoga (County of), OH Port Authority, Series 2010, RB                                                                         | CUSIP: 186103FY8<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002769.70   | 0.07%             | 2035-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority                                                                         | Allentown (City of), PA Neighborhood Improvement Zone Development Authority, Series 2022, Ref. RB                                                      | CUSIP: 018444BW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514329.25    | 0.03%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $778042.19    | 0.05%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Municipal Finance Agency                                                                                              | Puerto Rico (Commonwealth of) Municipal Finance Agency, Series 2005 A, RB                                                                              | CUSIP: 745277QR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $307041.03    | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Proton International)                                                                                                     | Public Finance Authority (Proton International), Series 2021 A, RB                                                                                     | CUSIP: 74442PVN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5375000 | PA      | $4694109.51   | 0.32%             | 2031-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)                                                               | Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home), Series 2017 A, RB                                               | CUSIP: 87638RHP5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $650000.00    | 0.04%             | 2031-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp.                                                                                                                    | Puerto Rico Public Finance Corp., Series 2011 B, RB                                                                                                    | CUSIP: 745291UV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10675000 | PA      | $400312.50    | 0.03%             | 2024-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Local Government Loan Program)                                                                               | Michigan (State of) Finance Authority (Local Government Loan Program), Series 2003 B-2, RB                                                             | CUSIP: 59455R3V6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10029.03     | 0.00%             | 2023-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community)                                                   | Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community), Series 2017, Ref. RB                                | CUSIP: 97712DG34<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1200994.94   | 0.08%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Renaissance Charter School, Inc.)                                                                                | Florida Development Finance Corp. (Renaissance Charter School, Inc.), Series 2020 C, Ref. RB                                                           | CUSIP: 34061UFA1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    470000 | PA      | $431966.80    | 0.03%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Advanced Technology Academy                                                                                                                         | Advanced Technology Academy, Series 2019, Ref. RB                                                                                                      | CUSIP: 00766SAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $380654.00    | 0.03%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                                                                                                                          | National Finance Authority, Series 2022-2, Class A                                                                                                     | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3992005 | PA      | $3681316.32   | 0.25%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (State of) Economic Development Finance Authority (Christian Care Communities)                                                             | Kentucky (State of) Economic Development Finance Authority (Christian Care Communities), Series 2021, Ref. RB                                          | CUSIP: 49126TBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $875340.30    | 0.06%             | 2031-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Universal Learning Academy)                                                                                  | Michigan (State of) Finance Authority (Universal Learning Academy), Series 2018, Ref. RB                                                               | CUSIP: 594479EH6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509565.30    | 0.03%             | 2028-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRL1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   2196000 | PA      | $2007379.63   | 0.14%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Lucas Metropolitan Housing Authority                                                                                                                | Lucas Metropolitan Housing Authority, Series 2012, RB                                                                                                  | CUSIP: 549344AQ2<br>LEI: 549300KTFII2A2KQK775 | Long             | DBT              | MUN               | US        |    305000 | PA      | $311713.63    | 0.02%             | 2026-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lake County 2000 Building Corp.                                                                                                                     | Lake County 2000 Building Corp., Series 2012, RB                                                                                                       | CUSIP: 509511BA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2236159.97   | 0.15%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System)                                                             | Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System), Series 2019, Ref. RB                                          | CUSIP: 97712D4B9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892645.20    | 0.06%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (Encore Academy)                                                                                   | Louisiana (State of) Public Facilities Authority (Encore Academy), Series 2021, RB                                                                     | CUSIP: 546399NB8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1379012.37   | 0.09%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                     | Calplant I, LLC, Series 22X                                                                                                                            | CUSIP: 13136CAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $521944.80    | 0.04%             | 2023-01-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Tulsa (City of), OK Municipal Airport Trust                                                                                                         | Tulsa (City of), OK Municipal Airport Trust, Series 2001 C, Ref. RB                                                                                    | CUSIP: 899661EK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004163.40   | 0.14%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                   | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2019, Ref. RB                                                                                | CUSIP: 967249QP1<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1149000.01   | 0.08%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Lutheran Communities Obligated Group)                                                                        | Illinois (State of) Finance Authority (Lutheran Communities Obligated Group), Series 2019 A, Ref. RB                                                   | CUSIP: 45204E5Z7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2018365.07   | 0.14%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group)                                                           | Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group), Series 2015, Ref. RB                                        | CUSIP: 610218BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $369861.30    | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lomira (Village of), WI Community Development Authority                                                                                             | Lomira (Village of), WI Community Development Authority, Series 2018 B, Ref. RB                                                                        | CUSIP: 541662AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $705113.79    | 0.05%             | 2028-10-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No. 5                                                                                                                 | Canyons Metropolitan District No. 5, Series 2016, GO Bonds                                                                                             | CUSIP: 139071AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1005187.05   | 0.07%             | 2057-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                     | Calplant I, LLC, Series 22B                                                                                                                            | CUSIP: 13136CAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $45000.00     | 0.00%             | 2022-12-30      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Arista Metropolitan District                                                                                                                        | Arista Metropolitan District, Series 2018 A, Ref. GO Bonds                                                                                             | CUSIP: 04041AAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1180883.12   | 0.08%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamden (Town of), CT (Whitney Center)                                                                                                               | Hamden (Town of), CT (Whitney Center), Series 2019, Ref. RB                                                                                            | CUSIP: 4067927W5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3320034.49   | 0.22%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burleigh (County of), ND (University of Mary)                                                                                                       | Burleigh (County of), ND (University of Mary), Series 2016, RB                                                                                         | CUSIP: 12139LAA0<br>LEI: 549300O9YPNGKFXM8354 | Long             | DBT              | MUN               | US        |    820000 | PA      | $805488.87    | 0.05%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp. (Medaille College)                                                                          | Buffalo & Erie County Industrial Land Development Corp. (Medaille College), Series 2018, Ref. RB                                                       | CUSIP: 11943KDG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2275120.42   | 0.15%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                                                                                   | Regional Transportation Authority, Series 2018 B, RB                                                                                                   | CUSIP: 7599113V0<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3308952.60   | 0.22%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Clement Manor, Inc.)                                                                | Wisconsin (State of) Health & Educational Facilities Authority (Clement Manor, Inc.), Series 2019, Ref. RB                                             | CUSIP: 97712DW28<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $734960.90    | 0.05%             | 2034-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)                                                                | West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2018, RB                                                  | CUSIP: 95648VBD0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    320000 | PA      | $256000.00    | 0.02%             | 2036-02-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                       | State of Ohio, Series 2015, RB                                                                                                                         | CUSIP: 67759YAX5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002762.10   | 0.07%             | 2039-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUV8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    325000 | PA      | $340840.11    | 0.02%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia (State of) Municipal Electric Authority (Plant Vogtle Units 3 & 4)                                                                          | Georgia (State of) Municipal Electric Authority (Plant Vogtle Units 3 & 4), Series 2019 A, RB                                                          | CUSIP: 626207W83<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2325378.17   | 0.16%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp.                                                                                             | District of Columbia Tobacco Settlement Financing Corp., Series 2001, RB                                                                               | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24435000 | PA      | $25154698.72  | 1.70%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.)                                                     | Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.), Series 2014, Ref. RB                                  | CUSIP: 186103HX8<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    600000 | PA      | $618450.12    | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Samoa (Territory of) Economic Development Authority                                                                                        | American Samoa (Territory of) Economic Development Authority, Series 2015 A, Ref. RB                                                                   | CUSIP: 02936TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049062.90   | 0.07%             | 2029-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                 | Illinois (State of), Series 2020, GO Bonds                                                                                                             | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2183839.20   | 0.15%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                  | New York Counties Tobacco Trust VI, Series 2016 A, Ref. RB                                                                                             | CUSIP: 64945JBD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3412194.58   | 0.23%             | 2043-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Thompson Crossing Metropolitan District No. 4                                                                                                       | Thompson Crossing Metropolitan District No. 4, Series 2019, Ref. GO Bonds                                                                              | CUSIP: 88477EAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $463352.20    | 0.03%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Hatikvah International Academy Charter School)                                                | New Jersey (State of) Economic Development Authority (Hatikvah International Academy Charter School), Series 2017 A, RB                                | CUSIP: 645912DW3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    395000 | PA      | $389273.92    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy)                                                                   | Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy), Series 2019, RB                                                     | CUSIP: 74442EEF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    440000 | PA      | $414930.12    | 0.03%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs)                                                                    | Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs), Series 2022 B, RB                                                    | CUSIP: 010685LF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $86926.43     | 0.01%             | 2033-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors Obligated Group)                                                                                         | Wichita (City of), KS (Presbyterian Manors Obligated Group), Series 2019, Ref. RB                                                                      | CUSIP: 967249QQ9<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1194365.85   | 0.08%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (River City Science Academy)                                                                                      | Florida Development Finance Corp. (River City Science Academy), Series 2022, RB                                                                        | CUSIP: 34061UJL3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    345000 | PA      | $335278.94    | 0.02%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing)                                              | California (State of) Statewide Communities Development Authority (Lancer Educational Student Housing), Series 2016, Ref. RB                           | CUSIP: 13080SNL4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    410000 | PA      | $399811.58    | 0.03%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sparks (City of), NV (Tourism Improvement District No. 1)                                                                                           | Sparks (City of), NV (Tourism Improvement District No. 1), Series 2019 A, Ref. RB                                                                      | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2217360.75   | 0.15%             | 2028-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rush University Medical Center)                                                                              | Illinois (State of) Finance Authority (Rush University Medical Center), Series 2015 A, Ref. RB                                                         | CUSIP: 45203HS52<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $8779577.16   | 0.59%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.)                                                            | Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.), Series 2013 A, RB                                            | CUSIP: 890096BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $495000.00    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Heights (City of), MO (Westport Plaza Redevelopment)                                                                                       | Maryland Heights (City of), MO (Westport Plaza Redevelopment), Series 2020, RB                                                                         | CUSIP: 57407CAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1201604.45   | 0.08%             | 2031-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc. Terminal E)                                                                                            | Houston (City of), TX (United Airlines, Inc. Terminal E), Series 2014, Ref. RB                                                                         | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503097.05   | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento (County of), CA (Juvenile Courthouse)                                                                                                    | Sacramento (County of), CA (Juvenile Courthouse), Series 2003, COP                                                                                     | CUSIP: 786110MX1<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |   5405000 | PA      | $5414149.58   | 0.37%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                                                                                | Mida Mountain Village Public Infrastructure District, Series 2020 A, RB                                                                                | CUSIP: 59561TAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1526661.00   | 0.10%             | 2035-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)                                                                   | New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.), Series 1999, RB                                                     | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009996.60   | 0.20%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Alabama Proton Therapy Center)                                                                       | Wisconsin (State of) Public Finance Authority (Alabama Proton Therapy Center), Series 2017 A, RB                                                       | CUSIP: 74442PEU5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1729851.60   | 0.12%             | 2031-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School)                                                              | New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School), Series 2018 A, RB                                              | CUSIP: 645912EQ5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1281480.25   | 0.09%             | 2028-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| North Park Metropolitan District No. 1                                                                                                              | North Park Metropolitan District No. 1, Seires 2018 A-2, RB                                                                                            | CUSIP: 66140PAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015749.60   | 0.07%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Yorkville (United City of), IL (United City Special Services Area)                                                                                  | Yorkville (United City of), IL (United City Special Services Area), Series 2013, Ref. RB                                                               | CUSIP: 987361AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $922925.18    | 0.06%             | 2025-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2017 D, RB                                                                                                | CUSIP: 167593WG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3246274.20   | 0.22%             | 2030-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363N9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2995728.10   | 0.20%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                                                                     | California Community Choice Financing Authority, Series 2022, RB                                                                                       | CUSIP: 13013JBJ4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  21065000 | PA      | $21068850.68  | 1.42%             | 2053-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp.                                                                                             | District of Columbia Tobacco Settlement Financing Corp., Series 2001, RB                                                                               | CUSIP: 254842AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5785000 | PA      | $5935445.87   | 0.40%             | 2033-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                               | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13770000 | PA      | $13735616.31  | 0.93%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bella Mente Montessori Academy)                                                                  | California (State of) Municipal Finance Authority (Bella Mente Montessori Academy), Series 2018 A, RB                                                  | CUSIP: 130486BA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    825000 | PA      | $821086.70    | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Ascend Leadership Academy)                                                                                                | Public Finance Authority (Ascend Leadership Academy), Series 2021 A, RB                                                                                | CUSIP: 744396GS5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    615000 | PA      | $516423.19    | 0.03%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQC2<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1027000 | PA      | $827746.60    | 0.06%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                  | New York Counties Tobacco Trust VI, Series 2016 A, Ref. RB                                                                                             | CUSIP: 64945JAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1280407.60   | 0.09%             | 2035-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Plantation Apartments L.P.)                                                             | Massachusetts (Commonwealth of) Development Finance Agency (Plantation Apartments L.P.), Series 2004 A, RB                                             | CUSIP: 57583F6L0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1155719.57   | 0.08%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comanche (County of), OK Hospital Authority                                                                                                         | Comanche (County of), OK Hospital Authority, Series 2015, Ref. RB                                                                                      | CUSIP: 199875HG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009766.30   | 0.07%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Louis Park (City of), MN (Place Via Sol Project)                                                                                                | St. Louis Park (City of), MN (Place Via Sol Project), Series 2018, RB                                                                                  | CUSIP: 85233GAA2<br>LEI: 549300F6X6Q4H3ALF786 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1800000.00   | 0.12%             | 2053-07-01      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Rocky Mountain Rail Park Metropolitan District                                                                                                      | Rocky Mountain Rail Park Metropolitan District, Series 2021 A, GO Bonds                                                                                | CUSIP: 774762AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1724247.80   | 0.12%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                    | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2002 E, RB                                                                    | CUSIP: 745190HJ0<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    530000 | PA      | $531816.79    | 0.04%             | 2023-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  10510000 | PA      | $10764681.47  | 0.73%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Glenridge on Palmer Ranch)                                                                                       | Florida Development Finance Corp. (Glenridge on Palmer Ranch), Series 2021, Ref. RB                                                                    | CUSIP: 34061WAT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98053.93     | 0.01%             | 2024-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth)                                                                                | Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth), Series 2016 A, RB                                                                | CUSIP: 74442PCN3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $993913.24    | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                          | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017, Ref. RB                                                       | CUSIP: 497609BE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $866041.70    | 0.06%             | 2042-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)                                                                   | New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.), Series 2012, RB                                                     | CUSIP: 64578CBT7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   6035000 | PA      | $6036460.47   | 0.41%             | 2027-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ashland (City of), KY (King's Daughters Medical Center)                                                                                             | Ashland (City of), KY (King's Daughters Medical Center), Series 2016 A, Ref. RB                                                                        | CUSIP: 044293BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035087.50   | 0.07%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 3rd and Havana Metropolitan District                                                                                                                | 3rd and Havana Metropolitan District, Series 2020 A, GO Bonds                                                                                          | CUSIP: 884134AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2285187.29   | 0.15%             | 2030-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)                                                                  | New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB                                               | CUSIP: 64542UBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3950000 | PA      | $3261506.31   | 0.22%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Virgin Trains USA Passenger Rail)                                                                                | Florida Development Finance Corp. (Virgin Trains USA Passenger Rail), Series 2019 A, Ref. RB                                                           | CUSIP: 34061YAB6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3267933.09   | 0.22%             | 2049-01-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens)                                                               | Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens), Series 2018 A-1, RB                                             | CUSIP: 67556TCW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2436031.71   | 0.16%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQF5<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  11167000 | PA      | $6449874.94   | 0.44%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp.                                                                                                                    | Puerto Rico Public Finance Corp., Series 2011 B, RB                                                                                                    | CUSIP: 745291UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  54770000 | PA      | $2053924.29   | 0.14%             | 2031-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Red River Health Facilities Development Corp. (MRC Crossing)                                                                                        | Red River Health Facilities Development Corp. (MRC Crossing), Series 2014 A, RB                                                                        | CUSIP: 75687DAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $99110.04     | 0.01%             | 2024-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwelath of) Electric Power Authority                                                                                              | Puerto Rico (Commonwelath of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QKK7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1014300.00   | 0.07%             | 2049-12-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project)                                         | Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project), Series 2018 A, RB                         | CUSIP: 04052BGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1447771.82   | 0.10%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.)                                                                                 | Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.), Series 2012 B, RB                                                                 | CUSIP: 45470CAE9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1783469.20   | 0.12%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.)                                                                         | Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.), Series 2016, Ref. RB                                                      | CUSIP: 590743CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $539500.00    | 0.04%             | 2035-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Aberdeen Ridge)                                                                                    | Colorado (State of) Health Facilities Authority (Aberdeen Ridge), Series 2021 A, RB                                                                    | CUSIP: 19648FTF1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5205000 | PA      | $4668384.28   | 0.32%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group)                              | Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group), Series 2017, Ref. RB           | CUSIP: 97712DZB5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $473652.80    | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Covanta)                                                                                       | New Hampshire (State of) Business Finance Authority (Covanta), Series 2020 A, Ref. RB                                                                  | CUSIP: 63607YAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3455000 | PA      | $2754112.14   | 0.19%             | 2043-07-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Brooklyn Navy Yard)                                                                                                       | Build NYC Resource Corp. (Brooklyn Navy Yard), Series 2019, Ref. RB                                                                                    | CUSIP: 12008EPP5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4428774.50   | 0.30%             | 2040-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Renaissance Academy)                                                                              | Utah (State of) Charter School Finance Authority (Renaissance Academy), Series 2020, Ref. RB                                                           | CUSIP: 91754TC50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $492052.55    | 0.03%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Medical District Commission                                                                                                     | Illinois (State of) Medical District Commission, Series 2002, COP                                                                                      | CUSIP: 45202VAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50081.88     | 0.00%             | 2026-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Woodlands at Greystone)                                                                   | Chester (County of), PA Industrial Development Authority (Woodlands at Greystone), Series 2018, RB                                                     | CUSIP: 16559WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    227000 | PA      | $222762.95    | 0.02%             | 2028-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Resolute Forest Products Inc.                                                                                                                       | Resolute Forest Products Inc.                                                                                                                          | CUSIP: 76117W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6757 | NS      | $142572.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Johns Hopkins Medical Institutions Parking Facilities)                        | Maryland (State of) Health & Higher Educational Facilities Authority (Johns Hopkins Medical Institutions Parking Facilities), Series 1996, RB          | CUSIP: 574216QD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40293.92     | 0.00%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QKX9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    500000 | PA      | $370000.00    | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Evansville (City of), IN (Silver Birch of Evansville)                                                                                               | Evansville (City of), IN (Silver Birch of Evansville), Series 2017, RB                                                                                 | CUSIP: 299351AF3<br>LEI: 5493004FNKVUBIYGJO12 | Long             | DBT              | MUN               | US        |    400000 | PA      | $367057.32    | 0.02%             | 2028-01-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (Great River School)                                                                       | St. Paul (City of), MN Housing & Redevelopment Authority (Great River School), Series 2017 A, RB                                                       | CUSIP: 852297CJ7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140955.57    | 0.01%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                                                                                                 | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series 2022, RB                                                                                   | CUSIP: 745160UB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5057932.50   | 0.34%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Plymouth Place)                                                                                              | Illinois (State of) Finance Authority (Plymouth Place), Series 2015, Ref. RB                                                                           | CUSIP: 45203H6G2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    160000 | PA      | $165378.27    | 0.01%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                                                                                  | Plaza at Noah's Ark Community Improvement District, Series 2021, Ref. RB                                                                               | CUSIP: 72813LAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $259741.46    | 0.02%             | 2026-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park (City of), MN (Athlos Leadership Academy)                                                                                             | Brooklyn Park (City of), MN (Athlos Leadership Academy), Series 2015 A, RB                                                                             | CUSIP: 114224AH1<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |    580000 | PA      | $553443.89    | 0.04%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                | Chicago (City of), IL (O'Hare International Airport), Series 2015 C, RB                                                                                | CUSIP: 167593SE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8003114.40   | 0.54%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Wingate University)                                                                                                       | Public Finance Authority (Wingate University), Series 2018 A, Ref. RB                                                                                  | CUSIP: 74443DET4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    720000 | PA      | $742969.08    | 0.05%             | 2032-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                                                                                           | Kalispel Tribe of Indians, Series 2018 A, RB                                                                                                           | CUSIP: 48340PAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $419584.40    | 0.03%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kinston Metropolitan District No. 5                                                                                                                 | Kinston Metropolitan District No. 5, Series 2020 A, GO Bonds                                                                                           | CUSIP: 49717MAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892826.60    | 0.06%             | 2035-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Renaissance Academy)                                                                              | Utah (State of) Charter School Finance Authority (Renaissance Academy), Series 2020, Ref. RB                                                           | CUSIP: 91754TC43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $253102.36    | 0.02%             | 2025-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                                                                                     | Allegheny County Hospital Development Authority, Series 2018, RB                                                                                       | CUSIP: 01728A3Q7<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   3875000 | PA      | $4150402.06   | 0.28%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Three Crowns Park)                                                                                           | Illinois (State of) Finance Authority (Three Crowns Park), Series 2017, Ref. RB                                                                        | CUSIP: 45204EUK2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1739499.14   | 0.12%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  13831000 | PA      | $3485759.16   | 0.24%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp. (Natgasoline)                                                                                                    | Mission Economic Development Corp. (Natgasoline), Series 2018, Ref. RB                                                                                 | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7269477.00   | 0.49%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)                                                                | West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2016, RB                                                  | CUSIP: 95648VAX7<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $700000.00    | 0.05%             | 2026-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Douglas (County of), NE Hospital Authority No. 2 (NE Methodist Health)                                                                              | Douglas (County of), NE Hospital Authority No. 2 (NE Methodist Health), Series 2015, Ref. RB                                                           | CUSIP: 259230LZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009405.40   | 0.07%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System)                                                             | Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System), Series 2019, Ref. RB                                          | CUSIP: 97712D4A1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $992492.24    | 0.07%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences)                                                                            | Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences), Series 2018 B, RB                                                            | CUSIP: 140542BL4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    750000 | PA      | $135000.00    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                                                                                         | Military Installation Development Authority, Series 2021 A-2, RB                                                                                       | CUSIP: 599772AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1264158.15   | 0.09%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2017 G, RB                                                                                                | CUSIP: 167593YJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $368259.96    | 0.02%             | 2031-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nine Mile Metropolitan District                                                                                                                     | Nine Mile Metropolitan District, Series 2020, RB                                                                                                       | CUSIP: 65442PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2113107.06   | 0.14%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Development Bank (Hospital Construction)                                                                                     | Mississippi (State of) Development Bank (Hospital Construction), Series 2014, RB                                                                       | CUSIP: 60534TA21<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    720000 | PA      | $743693.18    | 0.05%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle Industrial Development Corp. (Delta Airlines)                                                                                       | Port of Seattle Industrial Development Corp. (Delta Airlines), Series 2012, Ref. RB                                                                    | CUSIP: 735385AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6475000 | PA      | $6476019.17   | 0.44%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority                                                                                              | Washington (State of) Health Care Facilities Authority, Series 2014 C, RB                                                                              | CUSIP: 93978HYK5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4187134.48   | 0.28%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Lakeshore East)                                                                                                              | Chicago (City of), IL (Lakeshore East), Series 2022, Ref. RB                                                                                           | CUSIP: 167686AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $287186.84    | 0.02%             | 2029-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRH0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   5475000 | PA      | $4959914.74   | 0.34%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Orlando (City of), FL Community Redevelopment Agency (Conroy Road District)                                                                         | Orlando (City of), FL Community Redevelopment Agency (Conroy Road District), Series 2012, Ref. RB                                                      | CUSIP: 686430FZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1105841.27   | 0.07%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                               | California (State of), Series 1996, GO Bonds                                                                                                           | CUSIP: 13062TM92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1912514.03   | 0.13%             | 2026-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $321920.13    | 0.02%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Youngstown (City of), OH Metropolitan Housing Authority                                                                                             | Youngstown (City of), OH Metropolitan Housing Authority, Series 2014, RB                                                                               | CUSIP: 987675AE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210099.14    | 0.01%             | 2024-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), OH (Wesley Communities)                                                                                                       | Franklin (County of), OH (Wesley Communities), Series 2020, Ref. RB                                                                                    | CUSIP: 353180LK6<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1397592.75   | 0.09%             | 2040-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                                                                                  | Plaza at Noah's Ark Community Improvement District, Series 2021, Ref. RB                                                                               | CUSIP: 72813LAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149066.55    | 0.01%             | 2023-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lees Summit Industrial Development Authority                                                                                                        | Lees Summit Industrial Development Authority, Series 2014, RB                                                                                          | CUSIP: 524292AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $458173.03    | 0.03%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (Encore Academy)                                                                                   | Louisiana (State of) Public Facilities Authority (Encore Academy), Series 2021, RB                                                                     | CUSIP: 546399NA0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    815000 | PA      | $783888.60    | 0.05%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nevada (State of) Department of Business & Industry (Doral Academy of Nevada)                                                                       | Nevada (State of) Department of Business & Industry (Doral Academy of Nevada), Series 2017 A, RB                                                       | CUSIP: 641454AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $491828.85    | 0.03%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul Park (City of), MN (Presbyterian Homes Bloomington)                                                                                        | St. Paul Park (City of), MN (Presbyterian Homes Bloomington), Series 2017, Ref. RB                                                                     | CUSIP: 85235KAQ6<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    400000 | PA      | $376785.76    | 0.03%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                      | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                             | CUSIP: 92242SAN3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    822000 | PA      | $679383.33    | 0.05%             | 2050-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority                                                                                        | Northampton (County of), PA Industrial Development Authority, Series 2013, RB                                                                          | CUSIP: 663547AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    141788 | PA      | $25521.84     | 0.00%             | 2023-12-31      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Houston (City of), TX                                                                                                                               | Houston (City of), TX, Series 2002 A, RB                                                                                                               | CUSIP: 4423487A0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5005.33      | 0.00%             | 2032-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Port Beaumont Navigation District (Jefferson Gulf Coast Energy)                                                                                     | Port Beaumont Navigation District (Jefferson Gulf Coast Energy), Series 2021, RB                                                                       | CUSIP: 73360CAK0<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    800000 | PA      | $639747.04    | 0.04%             | 2031-01-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Love Field Airport Modernization Corp. (Southwest Airlines Co.)                                                                                     | Love Field Airport Modernization Corp. (Southwest Airlines Co.), Series 2012, RB                                                                       | CUSIP: 54714FAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003061.50   | 0.20%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp.                                                                                                                    | Puerto Rico Public Finance Corp., Series 2011 B, RB                                                                                                    | CUSIP: 745291UX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6495000 | PA      | $243562.50    | 0.02%             | 2026-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Build NYC Resource Corp. (NY Preparatory Charter School)                                                                                            | Build NYC Resource Corp. (NY Preparatory Charter School), Series 2021 A, RB                                                                            | CUSIP: 12008ERR9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    525000 | PA      | $429403.43    | 0.03%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southlands Metropolitan District No. 1                                                                                                              | Southlands Metropolitan District No. 1, Series 2017 A-1, Ref. GO Bonds                                                                                 | CUSIP: 84454RAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484679.55    | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.)                                                                                        | Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.), Series 2018, RB                                                                          | CUSIP: 46245FAN4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    500000 | PA      | $451473.20    | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clear Creek Transit Metropolitan District No. 2                                                                                                     | Clear Creek Transit Metropolitan District No. 2, Series 2021 A, GO Bonds                                                                               | CUSIP: 184542AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $984412.33    | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No. 1                                                                                                                | Centerra Metropolitan District No. 1, Series 2020 A, Ref. GO Bonds                                                                                     | CUSIP: 15200XAJ2<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1028709.37   | 0.07%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Muskingum (County of), OH (Genesis Healthcare System)                                                                                               | Muskingum (County of), OH (Genesis Healthcare System), Series 2013, RB                                                                                 | CUSIP: 628077CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000238.70   | 0.07%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)                                                             | Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2016, Ref. RB                                          | CUSIP: 088354FJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250231.70    | 0.02%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (United Airlines, Inc.)                                                                           | California (State of) Municipal Finance Authority (United Airlines, Inc.), Series 2019, RB                                                             | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5823583.80   | 0.39%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association (Compass Public Charter School, Inc.)                                                                | Idaho (State of) Housing & Finance Association (Compass Public Charter School, Inc.), Series 2018 A, RB                                                | CUSIP: 45129GDD4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    170000 | PA      | $171986.76    | 0.01%             | 2029-07-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (The) (Legacy Traditional School)                                                            | Phoenix (City of), AZ Industrial Development Authority (The) (Legacy Traditional School), Series 2015, Ref. RB                                         | CUSIP: 71885FDU8<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2801684.38   | 0.19%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Higher Education Student Assistance Authority                                                                                 | New Jersey (State of) Higher Education Student Assistance Authority, Series 2018 B, Ref. RB                                                            | CUSIP: 646080TT8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058410.60   | 0.07%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Painted Prairie Metropolitain District No. 2                                                                                                        | Painted Prairie Metropolitain District No. 2, Series 2018, GO Bonds                                                                                    | CUSIP: 69578MAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2056783.28   | 0.14%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities)                                         | Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities), Series 2017 A, RB                         | CUSIP: 95737MAA9<br>LEI: 549300YOPFLG4RJ5YO58 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3065973.40   | 0.21%             | 2046-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Explore Academy)                                                                                     | Wisconsin (State of) Public Finance Authority (Explore Academy), Series 2020, RB                                                                       | CUSIP: 74443DFT3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    470000 | PA      | $469416.68    | 0.03%             | 2025-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood)                                                                           | St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood), Series 2015, Ref. RB                                                        | CUSIP: 793499BC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1551946.34   | 0.10%             | 2029-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth)                                                                                | Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth), Series 2016 A, RB                                                                | CUSIP: 74442PCM5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    650000 | PA      | $646840.94    | 0.04%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                               | Metropolitan Transportation Authority, Series 2013 E, RB                                                                                               | CUSIP: 59259YM63<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1403629.36   | 0.09%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2B, RB                                                                                            | CUSIP: 74529JRR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1871000 | PA      | $1742519.18   | 0.12%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 VV, Ref. RB                                                                        | CUSIP: 74526QPJ5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1712815.72   | 0.12%             | 2025-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Cleveland (City of), OH (Continental Airlines, Inc.)                                                                                                | Cleveland (City of), OH (Continental Airlines, Inc.), Series 1998, RB                                                                                  | CUSIP: 186347AC4<br>LEI: 549300IQSLQPCVVMKJ96 | Long             | DBT              | MUN               | US        |    450000 | PA      | $450118.44    | 0.03%             | 2027-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)                                                                                      | Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB                                                                      | CUSIP: 509893AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1183876.20   | 0.08%             | 2038-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Alliance for Progress Charter School, Inc.)                                        | Philadelphia (City of), PA Authority for Industrial Development (Alliance for Progress Charter School, Inc.), Series 2019 A, RB                        | CUSIP: 71781XFV0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    920000 | PA      | $882981.13    | 0.06%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Housing Development Authority (Lifelink Developments)                                                                           | Illinois (State of) Housing Development Authority (Lifelink Developments), Series 2006, RB                                                             | CUSIP: 45202BBM7<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    220000 | PA      | $220190.76    | 0.01%             | 2026-10-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp.                                                                                                                    | Puerto Rico Public Finance Corp., Series 2011 B, RB                                                                                                    | CUSIP: 745291UW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17475000 | PA      | $655312.50    | 0.04%             | 2025-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (La Salle University)                                                               | Philadelphia (City of), PA Authority for Industrial Development (La Salle University), Series 2017, Ref. RB                                            | CUSIP: 71781XDK6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1694698.73   | 0.11%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 DDD, Ref. RB                                                                       | CUSIP: 74526QZP0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40267.68     | 0.00%             | 2023-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Pawtucket (City of), RI Housing Authority                                                                                                           | Pawtucket (City of), RI Housing Authority, Series 2010, RB                                                                                             | CUSIP: 704179BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $197315.80    | 0.01%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                       | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $593211.78    | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                                                                                   | City of Horace ND, Series 2022, GO Bonds                                                                                                               | CUSIP: 440365GZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2986219.80   | 0.20%             | 2024-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Bella Mente Montessori Academy)                                                                  | California (State of) Municipal Finance Authority (Bella Mente Montessori Academy), Series 2018 A, RB                                                  | CUSIP: 130486BB8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    845000 | PA      | $794598.62    | 0.05%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)                                            | California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2014, RB                              | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005516.70   | 0.07%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green)                                                                  | Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green), Series 2015, Ref. RB                                               | CUSIP: 49126TAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $370343.10    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1183658.13   | 0.08%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York & New Jersey (States of) Port Authority                                                                                                    | New York & New Jersey (States of) Port Authority, Series 2014, Ref. RB                                                                                 | CUSIP: 73358WVB7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2403393.02   | 0.16%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (WhiteStone)                                                                                                               | Public Finance Authority (WhiteStone), Series 2017, Ref. RB                                                                                            | CUSIP: 74444VAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1060562.38   | 0.07%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hanover (County of), VA Economic Development Authority (Covenant Woods)                                                                             | Hanover (County of), VA Economic Development Authority (Covenant Woods), Series 2018, Ref. RB                                                          | CUSIP: 41077CAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $246004.98    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lucas Metropolitan Housing Authority                                                                                                                | Lucas Metropolitan Housing Authority, Series 2012, RB                                                                                                  | CUSIP: 549344AN9<br>LEI: 549300KTFII2A2KQK775 | Long             | DBT              | MUN               | US        |    275000 | PA      | $281064.41    | 0.02%             | 2024-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pembroke Harbor Community Development District                                                                                                      | Pembroke Harbor Community Development District, Series 2008 A, RB                                                                                      | CUSIP: 706386AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1061835.50   | 0.07%             | 2038-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lorain (County of), OH Port Authority (Kendal at Oberlin)                                                                                           | Lorain (County of), OH Port Authority (Kendal at Oberlin), Series 2013 A, Ref. RB                                                                      | CUSIP: 54361RAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531778.10   | 0.10%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dominion Water & Sanitation District                                                                                                                | Dominion Water & Sanitation District, Series 2022, RB                                                                                                  | CUSIP: 25755AAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2162201.05   | 0.15%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Aberdeen Ridge)                                                                                    | Colorado (State of) Health Facilities Authority (Aberdeen Ridge), Series 2021 B, RB                                                                    | CUSIP: 19648FTL8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1013862.94   | 0.07%             | 2029-05-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Mobile (City of), AL Improvement District (McGowin Park)                                                                                            | Mobile (City of), AL Improvement District (McGowin Park), Series 2016 A, RB                                                                            | CUSIP: 607155AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $870460.42    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whittier (City of), CA (Presbyterian Intercommunity Hospital, Inc.)                                                                                 | Whittier (City of), CA (Presbyterian Intercommunity Hospital, Inc.), Series 2014, RB                                                                   | CUSIP: 966769DK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8395000 | PA      | $8462375.75   | 0.57%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bethel (City of), MN (Benedictine Health System - St. Peter Communities)                                                                            | Bethel (City of), MN (Benedictine Health System - St. Peter Communities), Series 2018 A, Ref. RB                                                       | CUSIP: 08675TAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1097123.00   | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Glenridge on Palmer Ranch)                                                                                       | Florida Development Finance Corp. (Glenridge on Palmer Ranch), Series 2021, Ref. RB                                                                    | CUSIP: 34061WAW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    300000 | PA      | $280824.36    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Wingate University)                                                                                                       | Public Finance Authority (Wingate University), Series 2018 A, Ref. RB                                                                                  | CUSIP: 74443DER8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2000228.81   | 0.14%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Community School of Davidson)                                                                                             | Public Finance Authority (Community School of Davidson), Series 2018, RB                                                                               | CUSIP: 74443DDZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    390000 | PA      | $387718.85    | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Livingston Parish Gomesha) (Green Bonds)          | Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Livingston Parish Gomesha) (Green Bonds), Series 201 | CUSIP: 54628CGA4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   4095000 | PA      | $4015459.13   | 0.27%             | 2038-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Mida Golf and Equestrian Center Public Infrastructure District                                                                                      | Mida Golf and Equestrian Center Public Infrastructure District, Series 2021, GO Bonds                                                                  | CUSIP: 59561BAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1474498.18   | 0.10%             | 2036-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Cuyahoga (County of), OH (MetroHealth System)                                                                                                       | Cuyahoga (County of), OH (MetroHealth System), Series 2017, Ref. RB                                                                                    | CUSIP: 2322655M6<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2604447.75   | 0.18%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)                                                               | Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home), Series 2017, RB                                                 | CUSIP: 87638RHR1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1950000.00   | 0.13%             | 2041-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC)                                                                        | Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC), Series 2019, RB                                                          | CUSIP: 10604PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $370395.88    | 0.03%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2034531 | PA      | $1116796.99   | 0.08%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside)                                                                      | Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside), Series 2021, RB                                                        | CUSIP: 63166UAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    967346 | PA      | $476614.66    | 0.03%             | 2058-01-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                | New Jersey (State of) Economic Development Authority, Series 2017 B, Ref. RB                                                                           | CUSIP: 64577BD76<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528842.30   | 0.10%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUT3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    425000 | PA      | $447531.29    | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Frasier Meadows Retirement Community)                                                              | Colorado (State of) Health Facilities Authority (Frasier Meadows Retirement Community), Series 2017 A, Ref. RB                                         | CUSIP: 19648FBN3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    525000 | PA      | $526907.54    | 0.04%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)                                                                  | New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB                                               | CUSIP: 64542UBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2563316.91   | 0.17%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Development Finance Authority (Provident Oklahoma Education Resources, Inc.-Cross Village Student Housing)                      | Oklahoma (State of) Development Finance Authority (Provident Oklahoma Education Resources, Inc.-Cross Village Student Housing), Series 2017 A, RB      | CUSIP: 678908Y40<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1650.00      | 0.00%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Branson (City of), MO Industrial Development Authority (Branson Shoppes Redevelopment)                                                              | Branson (City of), MO Industrial Development Authority (Branson Shoppes Redevelopment), Series 2017 A, Ref. RB                                         | CUSIP: 10544RAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $715404.23    | 0.05%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Virgin Trains USA Passenger Rail)                                                                                | Florida Development Finance Corp. (Virgin Trains USA Passenger Rail), Series 2019 A, Ref. RB                                                           | CUSIP: 34061YAC4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4568202.00   | 0.31%             | 2049-01-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Montefiore Obligated Group)                                                                                | New York (State of) Dormitory Authority (Montefiore Obligated Group), Series 2018 A, Ref. RB                                                           | CUSIP: 64990GGE6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1238045.88   | 0.08%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Lakeshore East)                                                                                                              | Chicago (City of), IL (Lakeshore East), Series 2022, Ref. RB                                                                                           | CUSIP: 167686AK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $241269.71    | 0.02%             | 2028-12-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Basis Schools)                                                                                 | Arizona (State of) Industrial Development Authority (Basis Schools), Series 2017 A, Ref. RB                                                            | CUSIP: 04052BAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $412789.52    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Bayview Manor Homes)                                                                              | Washington (State of) Housing Finance Commission (Bayview Manor Homes), Series 2016 A, Ref. RB                                                         | CUSIP: 939783SZ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    440000 | PA      | $418795.96    | 0.03%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (American Leadership Academy)                                                                 | Pima (County of), AZ Industrial Development Authority (American Leadership Academy), Series 2019, Ref. RB                                              | CUSIP: 72177MST5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    730000 | PA      | $705761.30    | 0.05%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA, Inc.                                                                                                                                          | PEFA, Inc., Series 2019, RB                                                                                                                            | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10246057.00  | 0.69%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Cesar Chavez Academy)                                                                                        | Michigan (State of) Finance Authority (Cesar Chavez Academy), Series 2019, Ref. RB                                                                     | CUSIP: 594479EL7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    195000 | PA      | $191825.44    | 0.01%             | 2024-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Peninsula Town Center Community Development Authority                                                                                               | Peninsula Town Center Community Development Authority, Series 2018, Ref. RB                                                                            | CUSIP: 70718LAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $138553.83    | 0.01%             | 2023-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge)                                   | Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge), Series 2019 A, RB                   | CUSIP: 655909CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979153.30    | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.)                                                  | California (State of) County Tobacco Securitization Agency (Los Angeles County Securization Corp.), Series 2020 A, Ref. RB                             | CUSIP: 13016NEU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $358737.23    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                                                                                           | University of Puerto Rico, Series 2006 P, Ref. RB                                                                                                      | CUSIP: 914811NQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2525019.20   | 0.17%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                                                                                | Colorado Health Facilities Authority, Series 2022, RB                                                                                                  | CUSIP: 19648FWB6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    600000 | PA      | $641654.88    | 0.04%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado International Center Metropolitan District No. 14                                                                                          | Colorado International Center Metropolitan District No. 14, Series 2018, GO Bonds                                                                      | CUSIP: 196502AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977153.90    | 0.07%             | 2032-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Lawrence General Hospital)                                                              | Massachusetts (Commonwealth of) Development Finance Agency (Lawrence General Hospital), Series 2017, Ref. RB                                           | CUSIP: 57584X3Q2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    675000 | PA      | $654874.74    | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas (City of), NV Special Improvement District No. 607                                                                                        | Las Vegas (City of), NV Special Improvement District No. 607, Series 2013, Ref. RB                                                                     | CUSIP: 517779AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50764.63     | 0.00%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (Lakeshore East)                                                                                                              | Chicago (City of), IL (Lakeshore East), Series 2022, Ref. RB                                                                                           | CUSIP: 167686AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $258727.05    | 0.02%             | 2032-12-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp. (3 World Trade Center)                                                                                           | New York Liberty Development Corp. (3 World Trade Center), Series 2014, Class 3, Ref. RB                                                               | CUSIP: 649519DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3031764.30   | 0.20%             | 2044-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy)                                                                   | Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy), Series 2019, RB                                                     | CUSIP: 74442EEG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    540000 | PA      | $484526.07    | 0.03%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                            | Public Finance Authority, Series 2020 A, RB                                                                                                            | CUSIP: 74444VAU4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1650401.62   | 0.11%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Calcasieu Parish Industrial Development Board, Inc. (Citgo Petroleum Corp.)                                                                         | Calcasieu Parish Industrial Development Board, Inc. (Citgo Petroleum Corp.), Series 1993, RB                                                           | CUSIP: 128312AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70080.22     | 0.00%             | 2023-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                                                | New Hope Cultural Education Facilities Finance Corp., Series 2022, RB                                                                                  | CUSIP: 64542UGL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1574938.56   | 0.11%             | 2026-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Wittenberg University)                                                                               | Wisconsin (State of) Public Finance Authority (Wittenberg University), Series 2016, RB                                                                 | CUSIP: 74445FAC8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932865.30    | 0.06%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mida Golf and Equestrian Center Public Infrastructure District                                                                                      | Mida Golf and Equestrian Center Public Infrastructure District, Series 2021, GO Bonds                                                                  | CUSIP: 59561BAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $1744099.43   | 0.12%             | 2041-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Peace Village)                                                                                               | Illinois (State of) Finance Authority (Peace Village), Series 2013, RB                                                                                 | CUSIP: 45203HVS8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    160000 | PA      | $162719.39    | 0.01%             | 2023-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                      | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036361.80   | 0.14%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Alamance Community School)                                                                                                | Public Finance Authority (Alamance Community School), Series 2021 A, RB                                                                                | CUSIP: 744396GX4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    510000 | PA      | $413610.46    | 0.03%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe)                                                                  | Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe), Series 2021 A, Ref. RB                                             | CUSIP: 87972MBP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $444206.02    | 0.03%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Finance Authority                                                                                           | California (State of) Pollution Control Finance Authority, Series 2012, RB                                                                             | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961382.20   | 0.13%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                      | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $796180.64    | 0.05%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                           | New York Transportation Development Corp., Series 2018, RB                                                                                             | CUSIP: 650116CL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4380192.75   | 0.30%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                               | California (State of), Series 2020, GO Bonds                                                                                                           | CUSIP: 13063DUR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2515845.50   | 0.17%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy)                                                                   | Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy), Series 2019, RB                                                     | CUSIP: 74442EEE6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    555000 | PA      | $523185.57    | 0.04%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Million Air Two LLC General Aviation Facilities)                                                                          | Public Finance Authority (Million Air Two LLC General Aviation Facilities), Series 2017, Ref. RB                                                       | CUSIP: 74446DAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $142483.33    | 0.01%             | 2041-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Bradley (Village of), IL (Bradley Commons)                                                                                                          | Bradley (Village of), IL (Bradley Commons), Series 2018 A, Ref. RB                                                                                     | CUSIP: 10457HBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $455384.25    | 0.03%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Glenridge on Palmer Ranch)                                                                                       | Florida Development Finance Corp. (Glenridge on Palmer Ranch), Series 2021, Ref. RB                                                                    | CUSIP: 34061WAX2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    225000 | PA      | $203025.83    | 0.01%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                            | Public Finance Authority, Series 2022 B, RB                                                                                                            | CUSIP: 74443DHD6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $694495.97    | 0.05%             | 2028-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp.                                                                                                                    | Puerto Rico Public Finance Corp., Series 2011 A, RB                                                                                                    | CUSIP: 745291UU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  37400000 | PA      | $1402500.00   | 0.09%             | 2028-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Pratt Paper LLC)                                                                                 | Ohio (State of) Air Quality Development Authority (Pratt Paper LLC), Series 2017, RB                                                                   | CUSIP: 67754AAC8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    820000 | PA      | $803500.86    | 0.05%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bartlett (Village of), IL (Quarry Redevelopment)                                                                                                    | Bartlett (Village of), IL (Quarry Redevelopment), Series 2016, Ref. RB                                                                                 | CUSIP: 069342AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $861574.05    | 0.06%             | 2024-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Glenridge on Palmer Ranch)                                                                                       | Florida Development Finance Corp. (Glenridge on Palmer Ranch), Series 2021, Ref. RB                                                                    | CUSIP: 34061WAS3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    115000 | PA      | $113762.46    | 0.01%             | 2023-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Evanston (City of), IL (Roycemore School)                                                                                                           | Evanston (City of), IL (Roycemore School), Series 2021, RB                                                                                             | CUSIP: 299231AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $625097.15    | 0.04%             | 2041-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bristol (City of), TN Industrial Development Board (Pinnacle)                                                                                       | Bristol (City of), TN Industrial Development Board (Pinnacle), Series 2016, RB                                                                         | CUSIP: 11023QAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5525000 | PA      | $5272128.49   | 0.36%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.)                                      | California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.), Series 2002, RB                        | CUSIP: 13016NBY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $137229.62    | 0.01%             | 2042-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                              | California Municipal Finance Authority, Series 2022, COP                                                                                               | CUSIP: 130493CJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1318551.60   | 0.09%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Aviation                                                                                                                 | Miami-Dade (County of), FL Aviation, Series 2014, Ref. RB                                                                                              | CUSIP: 59333PH92<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5093488.50   | 0.34%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk (County of), FL Industrial Development Authority (Carpenter's Home Estates)                                                                    | Polk (County of), FL Industrial Development Authority (Carpenter's Home Estates), Series 2019, Ref. IDR                                                | CUSIP: 73112JAA8<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990156.70    | 0.07%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Christian (County of), KY (Jennie Stuart Medical Center, Inc.)                                                                                      | Christian (County of), KY (Jennie Stuart Medical Center, Inc.), Series 2016, Ref. RB                                                                   | CUSIP: 170692CP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2210125.04   | 0.15%             | 2044-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Crandall (City of), TX                                                                                                                              | Crandall (City of), TX, Series 2021, RB                                                                                                                | CUSIP: 224384AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $95479.59     | 0.01%             | 2026-09-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                                                                                                | City of Baltimore MD, Series 2022, RB                                                                                                                  | CUSIP: 05923TCZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $382557.96    | 0.03%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue)                                           | Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB                      | CUSIP: 01728A3S3<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3203589.60   | 0.22%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (American Charter Schools Foundation)                                                           | Arizona (State of) Industrial Development Authority (American Charter Schools Foundation), Series 2017, Ref. RB                                        | CUSIP: 04052BAT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3440000 | PA      | $3538027.27   | 0.24%             | 2037-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (New Plan Learning, Inc.)                                                                             | Wisconsin (State of) Public Finance Authority (New Plan Learning, Inc.), Series 2021 A, Ref. RB                                                        | CUSIP: 74443DGH8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3175198.87   | 0.21%             | 2031-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Berwyn (City of), IL                                                                                                                                | Berwyn (City of), IL, Series 2020, RB                                                                                                                  | CUSIP: 086274AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1326585.89   | 0.09%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Delray Beach Radiation Therapy Center)                                                               | Wisconsin (State of) Public Finance Authority (Delray Beach Radiation Therapy Center), Series 2017 A, RB                                               | CUSIP: 74442PDB8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $900000.00    | 0.06%             | 2024-11-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (International Leadership of Texas)                                                                          | Clifton Higher Education Finance Corp. (International Leadership of Texas), Series 2018 D, RB                                                          | CUSIP: 187145JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036303.00   | 0.14%             | 2033-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Mercy Health System)                                                                                         | Illinois (State of) Finance Authority (Mercy Health System), Series 2016, Ref. RB                                                                      | CUSIP: 45204EBL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2842773.84   | 0.19%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park (City of), MN (Athlos Leadership Academy)                                                                                             | Brooklyn Park (City of), MN (Athlos Leadership Academy), Series 2015, RB                                                                               | CUSIP: 114224AK4<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1210792.52   | 0.08%             | 2046-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                          | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017, Ref. RB                                                       | CUSIP: 497609BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899544.80    | 0.06%             | 2037-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Macon-Bibb (County of), GA Housing Authority (Green Meadows Apartments)                                                                             | Macon-Bibb (County of), GA Housing Authority (Green Meadows Apartments), Series 2021 B, RB                                                             | CUSIP: 55554RAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4250819.40   | 0.29%             | 2024-10-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Southern Ohio Port Authority (Purecycle)                                                                                                            | Southern Ohio Port Authority (Purecycle), Series 2020 A, RB                                                                                            | CUSIP: 84355AAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $971174.87    | 0.07%             | 2042-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                                                                                    | Tahoe-Douglas Visitors Authority, Series 2020, RB                                                                                                      | CUSIP: 873816AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037071.80   | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Legacy Traditional Schools)                                                                               | Arlington Higher Education Finance Corp. (Legacy Traditional Schools), Series 2021, Ref. RB                                                            | CUSIP: 0418064W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $2563009.09   | 0.17%             | 2041-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Franklin Academy)                                                                                                       | Capital Trust Agency, Inc. (Franklin Academy), Series 2020, RB                                                                                         | CUSIP: 14054DAJ6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1054615.33   | 0.07%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of)                                                                                                                              | Connecticut (State of), Series 2014 A, RB                                                                                                              | CUSIP: 207758SM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3355925.30   | 0.23%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2008 A, RB                                                                           | CUSIP: 646136WF4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    715000 | PA      | $560678.40    | 0.04%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Legacy Traditional Schools)                                                                               | Arlington Higher Education Finance Corp. (Legacy Traditional Schools), Series 2021, Ref. RB                                                            | CUSIP: 0418064V9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1251625.48   | 0.08%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Frisco (Town of), CO (Marina Enterprise)                                                                                                            | Frisco (Town of), CO (Marina Enterprise), Series 2019, RB                                                                                              | CUSIP: 35876MAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602368.08    | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Cesar Chavez Academy)                                                                                        | Michigan (State of) Finance Authority (Cesar Chavez Academy), Series 2019, Ref. RB                                                                     | CUSIP: 594479EN3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    830000 | PA      | $808658.79    | 0.05%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of) Department of Education (John F. Kennedy)                                                                                       | Guam (Territory of) Department of Education (John F. Kennedy), Series 2020, Ref. COP                                                                   | CUSIP: 40065AAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2693900.55   | 0.18%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nevada (State of) Department of Business & Industry (Doral Academy of Nevada)                                                                       | Nevada (State of) Department of Business & Industry (Doral Academy of Nevada), Series 2017 A, RB                                                       | CUSIP: 641454AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $337842.94    | 0.02%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2010 A, RB                                                                           | CUSIP: 6461362V2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4850000 | PA      | $3894362.31   | 0.26%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Winrock Town Center Tax Increment Development District No. 1                                                                                        | Winrock Town Center Tax Increment Development District No. 1, Series 2022, Ref. RB                                                                     | CUSIP: 97535RAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1085288.88   | 0.07%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes)                                        | South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes), Series 2018, Ref. RB                     | CUSIP: 83704CAX6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2249147.25   | 0.15%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                          | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017 A, Ref. IDR                                                    | CUSIP: 497609AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $775478.56    | 0.05%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway)                                    | Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway), Series 2015 A, RB                    | CUSIP: 49126PEY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016295.70   | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (New Designs Charter School)                                                                         | California (State of) School Finance Authority (New Designs Charter School), Series 2012 A, RB                                                         | CUSIP: 130591AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000497.80   | 0.07%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                                                                                           | City of Houston TX Airport System Revenue, Series 2015, RB                                                                                             | CUSIP: 4423487R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5031405.50   | 0.34%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. James (Parish of), LA (Nustar Logistics, L.P.)                                                                                                  | St. James (Parish of), LA (Nustar Logistics, L.P.), Series 2011, RB                                                                                    | CUSIP: 790103AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4105302.40   | 0.28%             | 2041-08-01      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp.                                                                                                  | Matching Fund Special Purpose Securitization Corp., Series 2022 A, Ref. RB                                                                             | CUSIP: 57665NAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026542.80   | 0.07%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Virtus Academy)                                                                      | South Carolina (State of) Jobs-Economic Development Authority (Virtus Academy), Series 2021 A, RB                                                      | CUSIP: 83704MBX3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    200000 | PA      | $177515.22    | 0.01%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust II                                                                                                                  | New York Counties Tobacco Trust II, Series 2001, RB                                                                                                    | CUSIP: 62947VAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96893.46     | 0.01%             | 2035-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                              | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB                                                                             | CUSIP: 74526QUF7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    155000 | PA      | $156037.24    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Plaza Metropolitan District No. 1                                                                                                                   | Plaza Metropolitan District No. 1, Series 2013, Ref. RB                                                                                                | CUSIP: 72818QAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1382132.86   | 0.09%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200560.74    | 0.01%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                                                                                            | Metropolitan Pier & Exposition Authority, Series 2022, RB                                                                                              | CUSIP: 592250FF6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3123190.50   | 0.21%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                                                | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                                             | CUSIP: 45204EUU0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $525554.25    | 0.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp.                                                                                                             | Erie Tobacco Asset Securitization Corp., Series 2005 A, RB                                                                                             | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3059887.24   | 0.21%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                            | Chicago (City of), IL Board of Education, Series 2018 C, Ref. GO Bonds                                                                                 | CUSIP: 167505WA0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025303.20   | 0.14%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                               | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JPW9<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   3953000 | PA      | $3611873.49   | 0.24%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Alliance for Progress Charter School, Inc.)                                        | Philadelphia (City of), PA Authority for Industrial Development (Alliance for Progress Charter School, Inc.), Series 2019 A, RB                        | CUSIP: 71781XFU2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    765000 | PA      | $723596.06    | 0.05%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPBA Custodial Trust                                                                                                                               | PRPBA Custodial Trust                                                                                                                                  | CUSIP: 69362CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    277816 | PA      | $2437.00      | 0.00%             | 2049-03-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Wingate University)                                                                                                       | Public Finance Authority (Wingate University), Series 2018 A, Ref. RB                                                                                  | CUSIP: 74443DES6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1066041.76   | 0.07%             | 2031-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds)                                                              | California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds), Series 2020, RB                                                | CUSIP: 130536RM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $580000.00    | 0.04%             | 2032-07-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| North Park Metropolitan District No. 1                                                                                                              | North Park Metropolitan District No. 1, Seires 2018 A-2, RB                                                                                            | CUSIP: 66140PAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520102.85   | 0.10%             | 2028-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs)                                                                    | Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs), Series 2022 A, Ref. RB                                               | CUSIP: 010685LE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $659818.65    | 0.04%             | 2061-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Coral Academy of Science Reno)                                                                                            | Public Finance Authority (Coral Academy of Science Reno), Series 2019, Ref. RB                                                                         | CUSIP: 744396FF4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1279089.25   | 0.09%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2875422.00   | 0.19%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Branson (City of), MO Industrial Development Authority (Branson Shoppes Redevelopment)                                                              | Branson (City of), MO Industrial Development Authority (Branson Shoppes Redevelopment), Series 2017 A, Ref. RB                                         | CUSIP: 10544RAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1392924.10   | 0.09%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Doral Academy of Northern Nevada)                                                              | Arizona (State of) Industrial Development Authority (Doral Academy of Northern Nevada), Series 2021 A, Ref. RB                                         | CUSIP: 04052BPR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $431101.26    | 0.03%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), AL                                                                                                                           | Jefferson (County of), AL, Series 2013 F, Revenue Wts.                                                                                                 | CUSIP: 472682RY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4725000 | PA      | $4815414.29   | 0.33%             | 2050-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Marietta (City of), GA Developing Authority (Life University, Inc.)                                                                                 | Marietta (City of), GA Developing Authority (Life University, Inc.), Series 2017 A, Ref. RB                                                            | CUSIP: 567656EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1940592.20   | 0.13%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Merit College Preparatory Academy)                                                                | Utah (State of) Charter School Finance Authority (Merit College Preparatory Academy), Series 2019 A, RB                                                | CUSIP: 91754TXF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1195559.33   | 0.08%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Medical District Commission                                                                                                     | Illinois (State of) Medical District Commission, Series 2002, COP                                                                                      | CUSIP: 45202VAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140182.13    | 0.01%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Larksfield Place)                                                                                                            | Wichita (City of), KS (Larksfield Place), Series 2013 III, Ref. RB                                                                                     | CUSIP: 967249NB5<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043984.00   | 0.07%             | 2036-12-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Sports Facilities Authority (The)                                                                                               | Illinois (State of) Sports Facilities Authority (The), Series 2019, Ref. RB                                                                            | CUSIP: 452143FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054911.30   | 0.07%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul Park (City of), MN (Presbyterian Homes Bloomington)                                                                                        | St. Paul Park (City of), MN (Presbyterian Homes Bloomington), Series 2017, Ref. RB                                                                     | CUSIP: 85235KAP8<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    585000 | PA      | $557892.68    | 0.04%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Winfree Academy Charter School)                                                                           | Arlington Higher Education Finance Corp. (Winfree Academy Charter School), Series 2019, Ref. RB                                                        | CUSIP: 041806RU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $886443.03    | 0.06%             | 2029-08-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply, LLC                                                                                                                            | Talen Energy Supply, LLC                                                                                                                               | CUSIP: 87422VAA6<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $1515000.00   | 0.10%             | 2025-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Broward (County of), FL                                                                                                                             | Broward (County of), FL, Series 2015 A, RB                                                                                                             | CUSIP: 114894WJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10004632.00  | 0.68%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority (Morris Hospital)                                                                                 | Upper Illinois River Valley Development Authority (Morris Hospital), Series 2018, Ref. RB                                                              | CUSIP: 91588TBE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1214390.09   | 0.08%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Judson Park)                                                                                      | Washington (State of) Housing Finance Commission (Judson Park), Series 2018, Ref. RB                                                                   | CUSIP: 939783WK8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    385000 | PA      | $346357.94    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) (Portsmouth Bypass)                                                                                                                 | Ohio (State of) (Portsmouth Bypass), Series 2015, RB                                                                                                   | CUSIP: 67759YAG2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    340000 | PA      | $353965.91    | 0.02%             | 2025-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elbert & Highway 86 Commercial Metropolitan District                                                                                                | Elbert & Highway 86 Commercial Metropolitan District, Series 2021 A, Ref. GO Bonds                                                                     | CUSIP: 28421SAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1497676.03   | 0.10%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2017 G, RB                                                                                                | CUSIP: 167593YF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264124.45    | 0.02%             | 2028-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Higher Education Student Assistance Authority                                                                                 | New Jersey (State of) Higher Education Student Assistance Authority, Series 2018 B, Ref. RB                                                            | CUSIP: 646080TU5<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067662.50   | 0.07%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transport Metropolitan District No. 3                                                                                                               | Transport Metropolitan District No. 3, Series 2021 A-1, GO Bonds                                                                                       | CUSIP: 89386FAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2360340.81   | 0.16%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Morningside Ministries)                                                                       | New Hope Cultural Education Facilities Finance Corp. (Morningside Ministries), Series 2022, Ref. RB                                                    | CUSIP: 64542UFW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1294143.75   | 0.09%             | 2032-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                  | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513513.05    | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lynn Housing Authority & Neighborhood Development                                                                                                   | Lynn Housing Authority & Neighborhood Development, Series 2018, Ref. RB                                                                                | CUSIP: 551436AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248440.05    | 0.02%             | 2024-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444AZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185656.51    | 0.01%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA                                                                                                                             | County of Sacramento CA, Series 2022, RB                                                                                                               | CUSIP: 786153RJ7<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2117332.60   | 0.14%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)                                                             | Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2018, Ref. RB                                          | CUSIP: 088354GJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1580286.79   | 0.11%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lucas Metropolitan Housing Authority                                                                                                                | Lucas Metropolitan Housing Authority, Series 2012, RB                                                                                                  | CUSIP: 549344AM1<br>LEI: 549300KTFII2A2KQK775 | Long             | DBT              | MUN               | US        |    260000 | PA      | $264660.11    | 0.02%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)                                                             | Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2018, Ref. RB                                          | CUSIP: 088354GF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000926.80   | 0.07%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The))                                                              | Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)), Series 2016, Ref. RB                                           | CUSIP: 72177MRJ8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    230000 | PA      | $229128.90    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.)                                                                              | Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.), Series 2017 A, Ref. RB                                                         | CUSIP: 451295YV5<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $982927.32    | 0.07%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)                                                                     | Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020, Ref. RB                                                  | CUSIP: 87638RKJ5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948588.00    | 0.06%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                           | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RB                                                                      | CUSIP: 6461363V1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039216.90   | 0.07%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe)                                                                  | Tempe (City of), AZ Industrial Development Authority (Friendship Village of Tempe), Series 2021 A, Ref. RB                                             | CUSIP: 87972MBQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $408457.07    | 0.03%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Kansas Masonic Home)                                                                                                         | Wichita (City of), KS (Kansas Masonic Home), Series 2016 II-A, RB                                                                                      | CUSIP: 967249PY3<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $400000.00    | 0.03%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Heights (City of), MO (Westport Plaza Redevelopment)                                                                                       | Maryland Heights (City of), MO (Westport Plaza Redevelopment), Series 2020, RB                                                                         | CUSIP: 57407CAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2073361.75   | 0.14%             | 2038-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (TEACH Public Schools)                                                                               | California (State of) School Finance Authority (TEACH Public Schools), Series 2019 A, RB                                                               | CUSIP: 13058THK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $709501.49    | 0.05%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (CITGO Petroleum Corp.)                                                                                       | Illinois (State of) Finance Authority (CITGO Petroleum Corp.), Series 2002, RB                                                                         | CUSIP: 451916AH3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  11805000 | PA      | $11815072.03  | 0.80%             | 2032-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park (City of), MN (Athlos Leadership Academy)                                                                                             | Brooklyn Park (City of), MN (Athlos Leadership Academy), Series 2015, RB                                                                               | CUSIP: 114224AJ7<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |    665000 | PA      | $612160.76    | 0.04%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Ralston Creek at Arvada)                                                                           | Colorado (State of) Health Facilities Authority (Ralston Creek at Arvada), Series 2017 B, RB                                                           | CUSIP: 19648FCM4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $3718679.58   | 0.25%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                | Chicago O'Hare International Airport, Series 2017 D, RB                                                                                                | CUSIP: 167593WF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1626911.85   | 0.11%             | 2029-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                                                                                  | Plaza at Noah's Ark Community Improvement District, Series 2021, Ref. RB                                                                               | CUSIP: 72813LAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195502.72    | 0.01%             | 2024-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Clear Creek Station Metropolitan District No. 2                                                                                                     | Clear Creek Station Metropolitan District No. 2, Series 2017 A, Ref. GO Bonds                                                                          | CUSIP: 184539AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    738000 | PA      | $685288.87    | 0.05%             | 2032-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                       | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1818805 | PA      | $1671387.04   | 0.11%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District)                           | Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District), Series 2017 A, Ref. RB      | CUSIP: 61022CAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2876524.92   | 0.19%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Winrock Town Center Tax Increment Development District No. 1                                                                                        | Winrock Town Center Tax Increment Development District No. 1, Series 2022, Ref. RB                                                                     | CUSIP: 97535RAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1008000 | PA      | $939311.86    | 0.06%             | 2028-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority                                                                         | Allentown (City of), PA Neighborhood Improvement Zone Development Authority, Series 2022, Ref. RB                                                      | CUSIP: 018444BX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019932.00   | 0.07%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Health and Education Facilities Authority (Hillside Village)                                                               | New Hampshire (State of) Health and Education Facilities Authority (Hillside Village), Series 2017 B, RB                                               | CUSIP: 64461XBJ3<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1214615 | PA      | $267215.20    | 0.02%             | 2024-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| King (County of), WA Public Hospital District No. 4                                                                                                 | King (County of), WA Public Hospital District No. 4, Series 2015 A, RB                                                                                 | CUSIP: 494796AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1204592.38   | 0.08%             | 2045-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwelath of) Electric Power Authority                                                                                              | Puerto Rico (Commonwelath of) Electric Power Authority, Series 2010 ZZ, Ref. RB                                                                        | CUSIP: 74526QXS6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6280000 | PA      | $4615800.00   | 0.31%             | 2049-12-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President