# EDGAR Filing Document

**Accession Number:** 0001565381
**File Stem:** 0001752724-25-182203
**Filing Date:** 2025-7
**Character Count:** 155129
**Document Hash:** 651baff1cd03f4016f22b9c94f63c796
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182203.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182203

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Municipal Bond Infrastructure Fund, Inc.
- **CENTRAL INDEX KEY:** 0001565381

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22784
- **FILM NUMBER:** 251159970

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10289
- **BUSINESS PHONE:** 212-922-6400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10289

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Dreyfus Municipal Bond Infrastructure Fund, Inc.
- **DATE OF NAME CHANGE:** 20130307

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Dreyfus Municipal Infrastructure Fund, Inc.
- **DATE OF NAME CHANGE:** 20121224

## Nport-Ex

STATEMENT OF INVESTMENTS

May 31, 2025 (Unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%)<br>| Maturity <br>Date<br>| Principal <br>Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6%** | **Long-Term Municipal Investments — 156.6%** | **Long-Term Municipal Investments — 156.6%** | **Long-Term Municipal Investments — 156.6%** | **Long-Term Municipal Investments — 156.6%** |
| **Alabama — 3.9%** | **Alabama — 3.9%** | **Alabama — 3.9%** | **Alabama — 3.9%** | **Alabama — 3.9%** |
| &nbsp;&nbsp;&nbsp; Alabama Special Care Facilities <br> Financing Authority, <br> Revenue Bonds (Methodist <br> Home for the Aging <br> Obligated Group)<br>| 6.00 | 6/1/2050 | 3820000 | 3355770 |
| &nbsp;&nbsp;&nbsp; Jefferson County, Revenue <br> Bonds, Refunding<br>| 5.50 | 10/1/2053 | 2750000 | 2819128 |
| &nbsp;&nbsp;&nbsp; Mobile County Industrial <br> Development Authority, <br> Revenue Bonds (Calvert LLC <br> Project) Ser. B<br>| 4.75 | 12/1/2054 | 725000 | 655085 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A <br> Cooperative District, <br> Revenue Bonds, Ser. C<sup>(a)</sup> <br>| 5.00 | 2/1/2031 | 1000000 | 1047938 |
|  |  |  |  | **7877921** |
| **Arizona — 7.6%** | **Arizona — 7.6%** | **Arizona — 7.6%** | **Arizona — 7.6%** | **Arizona — 7.6%** |
| &nbsp;&nbsp;&nbsp; Arizona Industrial <br> Development Authority, <br> Revenue Bonds (Legacy <br> Cares Project) Ser. A<sup>(b),(c)</sup> <br>| 7.75 | 7/1/2050 | 3200000 | 96000 |
| &nbsp;&nbsp;&nbsp; Arizona Industrial <br> Development Authority, <br> Revenue Bonds (Sustainable <br> Bond) (Equitable School <br> Revolving Fund Obligated <br> Group) Ser. A<br>| 4.00 | 11/1/2050 | 3425000 | 2770256 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial <br> Development Authority, <br> Revenue Bonds (Benjamin <br> Franklin Charter School <br> Obligated Group)<sup>(b)</sup> <br>| 6.00 | 7/1/2052 | 2000000 | 2014957 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial <br> Development Authority, <br> Revenue Bonds, Refunding <br> (Legacy Traditional Schools <br> Project)<sup>(b)</sup> <br>| 5.00 | 7/1/2049 | 1025000 | 951171 |
| &nbsp;&nbsp;&nbsp; Phoenix Civic Improvement <br> Corp., Revenue Bonds<br>| 4.00 | 7/1/2044 | 1905000 | 1760748 |
| &nbsp;&nbsp;&nbsp; Salt Verde Financial Corp., <br> Revenue Bonds<br>| 5.00 | 12/1/2037 | 5000000 | 5175487 |

---

**1**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Arizona — 7.6% (continued)** | **Arizona — 7.6% (continued)** | **Arizona — 7.6% (continued)** | **Arizona — 7.6% (continued)** | **Arizona — 7.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Sierra Vista Industrial <br> Development Authority, <br> Revenue Bonds (American <br> Leadership Academy <br> Project)<sup>(b)</sup> <br>| 5.00 | 6/15/2054 | 1000000 | 908722 |
| &nbsp;&nbsp;&nbsp; The Phoenix Arizona Industrial <br> Development Authority, <br> Revenue Bonds, Refunding <br> (BASIS Schools Projects) Ser. <br> A<sup>(b)</sup> <br>| 5.00 | 7/1/2046 | 2000000 | 1887183 |
|  |  |  |  | **15564524** |
| **Arkansas — 1.7%** | **Arkansas — 1.7%** | **Arkansas — 1.7%** | **Arkansas — 1.7%** | **Arkansas — 1.7%** |
| &nbsp;&nbsp;&nbsp; Arkansas Development <br> Finance Authority, Revenue <br> Bonds (Sustainable Bond) <br> (U.S. Steel Corp.)<br>| 5.70 | 5/1/2053 | 3500000 | **3540120** |
| **California — 10.5%** | **California — 10.5%** | **California — 10.5%** | **California — 10.5%** | **California — 10.5%** |
| &nbsp;&nbsp;&nbsp; California Community Choice <br> Financing Authority, <br> Revenue Bonds (Sustainable <br> Bond) (Clean Energy <br> Project) Ser. C<sup>(a)</sup> <br>| 5.00 | 10/1/2032 | 1690000 | 1761084 |
| &nbsp;&nbsp;&nbsp; California County Tobacco <br> Securitization Agency, <br> Revenue Bonds, Refunding <br> (Los Angeles County <br> Securitization Corp.) Ser. A<br>| 4.00 | 6/1/2049 | 1000000 | 849956 |
| &nbsp;&nbsp;&nbsp; California Statewide <br> Communities Development <br> Authority, Revenue Bonds <br> (California Baptist <br> University) Ser. A<sup>(b)</sup> <br>| 6.38 | 11/1/2043 | 2035000 | 2038075 |
| &nbsp;&nbsp;&nbsp; California Statewide <br> Communities Development <br> Authority, Revenue Bonds, <br> Refunding (California <br> Baptist University) Ser. A<sup>(b)</sup> <br>| 5.00 | 11/1/2041 | 1875000 | 1794312 |
| &nbsp;&nbsp;&nbsp; Golden State Tobacco <br> Securitization Corp., <br> Revenue Bonds, Refunding <br> (Tobacco Settlement Asset) <br> Ser. B<br>| 5.00 | 6/1/2051 | 1000000 | 978638 |

---

**2**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **California — 10.5% (continued)** | **California — 10.5% (continued)** | **California — 10.5% (continued)** | **California — 10.5% (continued)** | **California — 10.5% (continued)** |
| &nbsp;&nbsp;&nbsp; Long Beach Bond Finance <br> Authority, Revenue Bonds, <br> Ser. A<br>| 5.50 | 11/15/2037 | 5000000 | 5492305 |
| &nbsp;&nbsp;&nbsp; Orange County Community <br> Facilities District, Special <br> Tax Bonds, Ser. A<br>| 5.00 | 8/15/2052 | 1000000 | 1004810 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional <br> Airport Authority, Revenue <br> Bonds, Ser. B<br>| 5.00 | 7/1/2051 | 3230000 | 3180887 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2022-<br> XF3024), (San Francisco City <br> & County, Revenue Bonds, <br> Refunding, Ser. A) Recourse, <br> Underlying Coupon Rate <br> 5.00%<sup>(b),(d),(e)</sup> <br>| 9.89 | 5/1/2044 | 4500000 | 4483321 |
|  |  |  |  | **21583388** |
| **Colorado — 6.0%** | **Colorado — 6.0%** | **Colorado — 6.0%** | **Colorado — 6.0%** | **Colorado — 6.0%** |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities <br> Authority, Revenue Bonds <br> (CommonSpirit Health <br> Obligated Group)<br>| 5.25 | 11/1/2052 | 1000000 | 1007571 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities <br> Authority, Revenue Bonds, <br> Refunding (Covenant Living <br> Communities & Services <br> Obligated Group) Ser. A<br>| 4.00 | 12/1/2050 | 3000000 | 2415074 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities <br> Authority, Revenue Bonds, <br> Refunding (Intermountain <br> Healthcare Obligated Group) <br> Ser. A<br>| 4.00 | 5/15/2052 | 1255000 | 1079928 |
| &nbsp;&nbsp;&nbsp; Denver City & County Airport <br> System, Revenue Bonds, <br> Refunding, Ser. A<br>| 5.50 | 11/15/2053 | 1000000 | 1025738 |
| &nbsp;&nbsp;&nbsp; Dominion Water & Sanitation <br> District, Revenue Bonds, <br> Refunding<br>| 5.88 | 12/1/2052 | 2000000 | 2003248 |
| &nbsp;&nbsp;&nbsp; Hess Ranch Metropolitan <br> District No. 6, GO, Ser. A1<br>| 5.00 | 12/1/2049 | 1500000 | 1321379 |

---

**3**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Colorado — 6.0% (continued)** | **Colorado — 6.0% (continued)** | **Colorado — 6.0% (continued)** | **Colorado — 6.0% (continued)** | **Colorado — 6.0% (continued)** |
| &nbsp;&nbsp;&nbsp; Rampart Range Metropolitan <br> District No. 5, Revenue <br> Bonds<br>| 4.00 | 12/1/2051 | 1000000 | 783607 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2020-<br> XM0829), (Colorado Health <br> Facilities Authority, Revenue <br> Bonds, Refunding <br> (CommonSpirit Health <br> Obligated Group) Ser. A1) <br> Recourse, Underlying <br> Coupon Rate 4.00%<sup>(b),(d),(e)</sup> <br>| 8.89 | 8/1/2044 | 2455000 | 2576214 |
|  |  |  |  | **12212759** |
| **Connecticut — .8%** | **Connecticut — .8%** | **Connecticut — .8%** | **Connecticut — .8%** | **Connecticut — .8%** |
| &nbsp;&nbsp;&nbsp; Connecticut Health & <br> Educational Facilities <br> Authority, Revenue Bonds, <br> Refunding (Fairfield <br> University) Ser. T<br>| 4.00 | 7/1/2055 | 1500000 | 1209113 |
| &nbsp;&nbsp;&nbsp; Stamford Housing Authority, <br> Revenue Bonds, Refunding <br> (Mozaic Concierge Living), <br> Ser. A<br>| 6.25 | 10/1/2060 | 500000 | 475227 |
|  |  |  |  | **1684340** |
| **Delaware — .5%** | **Delaware — .5%** | **Delaware — .5%** | **Delaware — .5%** | **Delaware — .5%** |
| &nbsp;&nbsp;&nbsp; Delaware Economic <br> Development Authority, <br> Revenue Bonds (ACTS <br> Retirement-Life <br> Communities Obligated <br> Group) Ser. B<br>| 5.25 | 11/15/2053 | 1000000 | **1006760** |
| **District of Columbia — .5%** | **District of Columbia — .5%** | **District of Columbia — .5%** | **District of Columbia — .5%** | **District of Columbia — .5%** |
| &nbsp;&nbsp;&nbsp; District of Columbia, Revenue <br> Bonds, Refunding (The <br> Catholic University Of <br> America) Ser. A<br>| 5.75 | 10/1/2055 | 1000000 | **1023849** |

---

**4**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Florida — 7.8%** | **Florida — 7.8%** | **Florida — 7.8%** | **Florida — 7.8%** | **Florida — 7.8%** |
| &nbsp;&nbsp;&nbsp; Collier County Industrial <br> Development Authority, <br> Revenue Bonds (NCH <br> Healthcare System Project) <br> (Insured; Assured Guaranty <br> Municipal Corp.) Ser. A<br>| 5.00 | 10/1/2049 | 3425000 | 3455559 |
| &nbsp;&nbsp;&nbsp; Florida Housing Finance Corp., <br> Revenue Bonds (Insured; <br> GNMA, FNMA, FHLMC) Ser. 1<br>| 4.40 | 7/1/2044 | 1440000 | 1386964 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation <br> Authority, Revenue Bonds, <br> Ser. A<br>| 4.00 | 10/1/2049 | 2480000 | 2118935 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Port <br> District, Revenue Bonds <br> (Tampa Port Authority <br> Project) Ser. B<br>| 5.00 | 6/1/2046 | 1250000 | 1218273 |
| &nbsp;&nbsp;&nbsp; Lee County Industrial <br> Development Authority, <br> Revenue Bonds, Refunding, <br> Ser. 1<br>| 4.00 | 4/1/2049 | 1750000 | 1445836 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Water & <br> Sewer System, Revenue <br> Bonds (Insured; Build <br> America Mutual)<br>| 4.00 | 10/1/2051 | 1000000 | 840462 |
| &nbsp;&nbsp;&nbsp; Palm Beach County Health <br> Facilities Authority, Revenue <br> Bonds, Refunding (ACTS <br> Retirement-Life <br> Communities Obligated <br> Group) Ser. B<br>| 5.00 | 11/15/2055 | 2300000 | 2185101 |
| &nbsp;&nbsp;&nbsp; Palm Beach County Health <br> Facilities Authority, Revenue <br> Bonds, Refunding (Lifespace <br> Communities Obligated <br> Group) Ser. C<br>| 7.63 | 5/15/2058 | 1000000 | 1106401 |
| &nbsp;&nbsp;&nbsp; Pinellas County Industrial <br> Development Authority, <br> Revenue Bonds (Foundation <br> for Global Understanding)<br>| 5.00 | 7/1/2039 | 1000000 | 968253 |

---

**5**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Florida — 7.8% (continued)** | **Florida — 7.8% (continued)** | **Florida — 7.8% (continued)** | **Florida — 7.8% (continued)** | **Florida — 7.8% (continued)** |
| &nbsp;&nbsp;&nbsp; Seminole County Industrial <br> Development Authority, <br> Revenue Bonds, Refunding <br> (Legacy Pointe at UCF <br> Project)<br>| 5.75 | 11/15/2054 | 500000 | 467315 |
| &nbsp;&nbsp;&nbsp; Village Community <br> Development District No. 15, <br> Special Assessment Bonds<sup>(b)</sup> <br>| 5.25 | 5/1/2054 | 900000 | 878872 |
|  |  |  |  | **16071971** |
| **Georgia — 3.9%** | **Georgia — 3.9%** | **Georgia — 3.9%** | **Georgia — 3.9%** | **Georgia — 3.9%** |
| &nbsp;&nbsp;&nbsp; Georgia Municipal Electric <br> Authority, Revenue Bonds <br> (Plant Vogtle Units <br> 3&4 Project) Ser. A<br>| 5.00 | 7/1/2052 | 2500000 | 2496702 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2020-<br> XM0825), (Brookhaven <br> Development Authority, <br> Revenue Bonds (Children's <br> Healthcare of Atlanta) Ser. <br> A) Recourse, Underlying <br> Coupon Rate 4.00%<sup>(b),(d),(e)</sup> <br>| 7.52 | 7/1/2044 | 3600000 | 3439508 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2023-<br> XF3183), (Municipal Electric <br> Authority of Georgia, <br> Revenue Bonds (Plant Vogtle <br> Units 3&4 Project) Ser. A) <br> Recourse, Underlying <br> Coupon Rate 5.00%<sup>(b),(d),(e)</sup> <br>| 9.52 | 1/1/2059 | 2060000 | 1999385 |
|  |  |  |  | **7935595** |
| **Hawaii — .6%** | **Hawaii — .6%** | **Hawaii — .6%** | **Hawaii — .6%** | **Hawaii — .6%** |
| &nbsp;&nbsp;&nbsp; Hawaii Airports System, <br> Revenue Bonds, Ser. A<br>| 5.00 | 7/1/2047 | 1250000 | **1240634** |
| **Illinois — 10.4%** | **Illinois — 10.4%** | **Illinois — 10.4%** | **Illinois — 10.4%** | **Illinois — 10.4%** |
| Chicago, GO, Ser. A | 5.00 | 1/1/2044 | 2000000 | 1894992 |
| Chicago, GO, Refunding, Ser. A | 6.00 | 1/1/2038 | 2500000 | 2544810 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education, <br> GO, Refunding, Ser. A<br>| 5.00 | 12/1/2035 | 1500000 | 1484941 |
| Illinois, GO, Ser. D | 5.00 | 11/1/2027 | 3500000 | 3642144 |
| Illinois, GO, Ser. D | 5.00 | 11/1/2028 | 2600000 | 2687156 |
| Illinois, Revenue Bonds, Ser. C | 5.00 | 6/15/2045 | 2000000 | 2016192 |

---

**6**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Illinois — 10.4% (continued)** | **Illinois — 10.4% (continued)** | **Illinois — 10.4% (continued)** | **Illinois — 10.4% (continued)** | **Illinois — 10.4% (continued)** |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, <br> Revenue Bonds (Plymouth <br> Place Obligated Group) Ser. <br> A<br>| 6.63 | 5/15/2052 | 1000000 | 1040232 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition <br> Authority, Revenue Bonds <br> (McCormick Place Project) <br> (Insured; National Public <br> Finance Guarantee Corp.) <br> Ser. A<sup>(f)</sup> <br>| 0.00 | 12/15/2036 | 1400000 | 821279 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition <br> Authority, Revenue Bonds, <br> Refunding (McCormick Place <br> Expansion Project)<br>| 5.00 | 6/15/2050 | 1750000 | 1698916 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2023-<br> XF1623), (Regional <br> Transportation Authority <br> Illinois, Revenue Bonds, Ser. <br> B) Non-Recourse, <br> Underlying Coupon Rate <br> 4.00%<sup>(b),(d),(e)</sup> <br>| 4.86 | 6/1/2048 | 1625000 | 1388282 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2025-<br> XF3349), (Chicago O'Hare <br> International Airport, <br> Revenue Bonds, Refunding, <br> Ser. A) Recourse, Underlying <br> Coupon Rate 5.50%<sup>(b),(d),(e)</sup> <br>| 11.18 | 1/1/2053 | 2100000 | 2167948 |
|  |  |  |  | **21386892** |
| **Indiana — 1.0%** | **Indiana — 1.0%** | **Indiana — 1.0%** | **Indiana — 1.0%** | **Indiana — 1.0%** |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, <br> Revenue Bonds (Sustainable <br> Bond)<sup>(b),(c)</sup> <br>| 7.00 | 3/1/2039 | 1925000 | 296540 |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public <br> Improvement Bond Bank, <br> Revenue Bonds (City Moral <br> Obligation) (Insured; Build <br> America Mutual) Ser. F1<br>| 5.25 | 3/1/2067 | 1000000 | 1018167 |
| &nbsp;&nbsp;&nbsp; Valparaiso, Revenue Bonds, <br> Refunding (Pratt Paper <br> (IN) LLC Project)<sup>(b)</sup> <br>| 5.00 | 1/1/2054 | 750000 | 695507 |
|  |  |  |  | **2010214** |

---

**7**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Iowa — .6%** | **Iowa — .6%** | **Iowa — .6%** | **Iowa — .6%** | **Iowa — .6%** |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, <br> Revenue Bonds, Refunding <br> (Iowa Fertilizer Co. <br> Project)<sup>(g)</sup> <br>| 5.00 | 12/1/2032 | 1150000 | **1293556** |
| **Kentucky — 1.6%** | **Kentucky — 1.6%** | **Kentucky — 1.6%** | **Kentucky — 1.6%** | **Kentucky — 1.6%** |
| &nbsp;&nbsp;&nbsp; Christian County, Revenue <br> Bonds, Refunding (Jennie <br> Stuart Medical Center <br> Obligated Group)<br>| 5.50 | 2/1/2044 | 1000000 | 999981 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy <br> Authority, Revenue Bonds, <br> Ser. A<sup>(a)</sup> <br>| 5.00 | 7/1/2030 | 1000000 | 1037193 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy <br> Authority, Revenue Bonds, <br> Ser. A1<sup>(a)</sup> <br>| 4.00 | 8/1/2030 | 1310000 | 1299169 |
|  |  |  |  | **3336343** |
| **Louisiana — 4.5%** | **Louisiana — 4.5%** | **Louisiana — 4.5%** | **Louisiana — 4.5%** | **Louisiana — 4.5%** |
| &nbsp;&nbsp;&nbsp; Ernest N. Morial New Orleans <br> Exhibition Hall Authority, <br> Special Tax Bonds<br>| 5.50 | 7/15/2054 | 1500000 | 1556130 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities <br> Authority, Revenue Bonds <br> (I-10 Calcasieu River Bridge <br> Public-Private Partnership <br> Project)<br>| 5.75 | 9/1/2064 | 1825000 | 1883797 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities <br> Authority, Revenue Bonds <br> (Impala Warehousing <br> Project)<sup>(b)</sup> <br>| 6.50 | 7/1/2036 | 1000000 | 1000176 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities <br> Authority, Revenue Bonds, <br> Refunding (Ochsner Clinic <br> Foundation Obligated <br> Group) Ser. A<br>| 5.50 | 5/15/2050 | 1325000 | 1385944 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities <br> Authority, Revenue Bonds, <br> Refunding (Ochsner Clinic <br> Foundation Obligated <br> Group) Ser. A<br>| 5.50 | 5/15/2055 | 3300000 | 3429776 |
|  |  |  |  | **9255823** |

---

**8**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Maryland — 3.8%** | **Maryland — 3.8%** | **Maryland — 3.8%** | **Maryland — 3.8%** | **Maryland — 3.8%** |
| &nbsp;&nbsp;&nbsp; Maryland Economic <br> Development Corp., Revenue <br> Bonds (College Park <br> Leonardtown Project) <br> (Insured; Assured Guaranty <br> Municipal Corp.)<br>| 5.25 | 7/1/2064 | 650000 | 650221 |
| &nbsp;&nbsp;&nbsp; Maryland Economic <br> Development Corp., Revenue <br> Bonds (Sustainable Bond) <br> (Purple Line Transit <br> Partners) Ser. B<br>| 5.25 | 6/30/2055 | 4200000 | 4110663 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XF1758), (Maryland Stadium <br> Authority, Revenue Bonds) <br> Non-Recourse, Underlying <br> Coupon Rate 5.00%<sup>(b),(d),(e)</sup> <br>| 9.89 | 6/1/2054 | 3000000 | 3023320 |
|  |  |  |  | **7784204** |
| **Massachusetts — 1.9%** | **Massachusetts — 1.9%** | **Massachusetts — 1.9%** | **Massachusetts — 1.9%** | **Massachusetts — 1.9%** |
| &nbsp;&nbsp;&nbsp; Massachusetts Development <br> Finance Agency, Revenue <br> Bonds (Brown University) <br> Ser. A<br>| 5.50 | 8/15/2050 | 1000000 | 1028233 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development <br> Finance Agency, Revenue <br> Bonds, Refunding <br> (NewBridge <br> Charles Obligated Group)<sup>(b)</sup> <br>| 5.00 | 10/1/2057 | 1000000 | 895262 |
| &nbsp;&nbsp;&nbsp; Massachusetts Educational <br> Financing Authority, <br> Revenue Bonds, Ser. B<br>| 5.00 | 7/1/2030 | 1000000 | 1041345 |
| &nbsp;&nbsp;&nbsp; Massachusetts Housing <br> Finance Agency, Revenue <br> Bonds, Ser. B<br>| 4.50 | 6/1/2056 | 1000000 | 914677 |
|  |  |  |  | **3879517** |
| **Michigan — 4.7%** | **Michigan — 4.7%** | **Michigan — 4.7%** | **Michigan — 4.7%** | **Michigan — 4.7%** |
| &nbsp;&nbsp;&nbsp; Detroit, GO (Sustainable Bond) <br> Ser. A<br>| 5.00 | 4/1/2046 | 1000000 | 993416 |
| &nbsp;&nbsp;&nbsp; Michigan Building Authority, <br> Revenue Bonds, Refunding<br>| 4.00 | 10/15/2049 | 2500000 | 2177174 |

---

**9**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Michigan — 4.7% (continued)** | **Michigan — 4.7% (continued)** | **Michigan — 4.7% (continued)** | **Michigan — 4.7% (continued)** | **Michigan — 4.7% (continued)** |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, <br> Revenue Bonds (Sustainable <br> Bond) (Henry Ford)<br>| 5.50 | 2/28/2049 | 1275000 | 1330431 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, <br> Revenue Bonds, Refunding, <br> Ser. A<br>| 4.00 | 12/1/2049 | 1000000 | 848661 |
| &nbsp;&nbsp;&nbsp; Michigan Housing <br> Development Authority, <br> Revenue Bonds, Ser. A<br>| 3.35 | 12/1/2034 | 2500000 | 2335368 |
| &nbsp;&nbsp;&nbsp; Michigan Tobacco Settlement <br> Finance Authority, Revenue <br> Bonds, Refunding, Ser. C<sup>(f)</sup> <br>| 0.00 | 6/1/2058 | 20000000 | 583584 |
| &nbsp;&nbsp;&nbsp; Wayne County Airport <br> Authority, Revenue Bonds <br> (Detroit Metropolitan <br> Wayne County Airport) <br> (Insured; Build America <br> Mutual) Ser. B<br>| 5.00 | 12/1/2039 | 1250000 | 1250002 |
|  |  |  |  | **9518636** |
| **Minnesota — 2.2%** | **Minnesota — 2.2%** | **Minnesota — 2.2%** | **Minnesota — 2.2%** | **Minnesota — 2.2%** |
| &nbsp;&nbsp;&nbsp; Duluth Economic Development <br> Authority, Revenue Bonds, <br> Refunding (Essentia Health <br> Obligated Group) Ser. A<br>| 5.00 | 2/15/2058 | 1250000 | 1212057 |
| &nbsp;&nbsp;&nbsp; Minneapolis-St. Paul <br> Metropolitan Airports <br> Commission, Revenue <br> Bonds, Ser. A<br>| 4.00 | 1/1/2054 | 3000000 | 2590264 |
| &nbsp;&nbsp;&nbsp; Woodbury, Revenue Bonds, <br> Refunding (Math & <br> Science Academy)<sup>(b)</sup> <br>| 5.50 | 6/1/2063 | 855000 | 777913 |
|  |  |  |  | **4580234** |
| **Missouri — 2.7%** | **Missouri — 2.7%** | **Missouri — 2.7%** | **Missouri — 2.7%** | **Missouri — 2.7%** |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development <br> Commission, Revenue Bonds <br> (Insured; GNMA, FNMA, <br> FHLMC) Ser. A<br>| 4.70 | 11/1/2054 | 985000 | 942219 |
| &nbsp;&nbsp;&nbsp; St. Louis County Industrial <br> Development Authority, <br> Revenue Bonds (Friendship <br> Village St. Louis Obligated <br> Group) Ser. A<br>| 5.13 | 9/1/2049 | 1000000 | 928387 |

---

**10**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Missouri — 2.7% (continued)** | **Missouri — 2.7% (continued)** | **Missouri — 2.7% (continued)** | **Missouri — 2.7% (continued)** | **Missouri — 2.7% (continued)** |
| &nbsp;&nbsp;&nbsp; St. Louis County Industrial <br> Development Authority, <br> Revenue Bonds, Refunding <br> (Friendship Village Sunset <br> Hills)<br>| 5.00 | 9/1/2042 | 1000000 | 967046 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2023-<br> XM1116), (Jackson County <br> Missouri Special Obligation, <br> Revenue Bonds, Refunding, <br> Ser. A) Non-Recourse, <br> Underlying Coupon Rate <br> 4.25%<sup>(b),(d),(e)</sup> <br>| 6.03 | 12/1/2053 | 3000000 | 2680530 |
|  |  |  |  | **5518182** |
| **Nebraska — .4%** | **Nebraska — .4%** | **Nebraska — .4%** | **Nebraska — .4%** | **Nebraska — .4%** |
| &nbsp;&nbsp;&nbsp; Omaha Public Power District, <br> Revenue Bonds, Ser. A<br>| 4.00 | 2/1/2051 | 1000000 | **870918** |
| **Nevada — 1.4%** | **Nevada — 1.4%** | **Nevada — 1.4%** | **Nevada — 1.4%** | **Nevada — 1.4%** |
| &nbsp;&nbsp;&nbsp; Clark County School District, <br> GO (Insured; Assured <br> Guaranty Municipal Corp.) <br> Ser. A<br>| 4.25 | 6/15/2041 | 2155000 | 2099907 |
| &nbsp;&nbsp;&nbsp; Reno, Revenue Bonds, <br> Refunding (Insured; Assured <br> Guaranty Municipal Corp.)<br>| 4.00 | 6/1/2058 | 1000000 | 840984 |
|  |  |  |  | **2940891** |
| **New Hampshire — 1.2%** | **New Hampshire — 1.2%** | **New Hampshire — 1.2%** | **New Hampshire — 1.2%** | **New Hampshire — 1.2%** |
| &nbsp;&nbsp;&nbsp; New Hampshire Business <br> Finance Authority, Revenue <br> Bonds, Refunding <br> (Springpoint Senior Living <br> Obligated Group)<br>| 4.00 | 1/1/2041 | 2925000 | **2491728** |
| **New Jersey — 4.9%** | **New Jersey — 4.9%** | **New Jersey — 4.9%** | **New Jersey — 4.9%** | **New Jersey — 4.9%** |
| &nbsp;&nbsp;&nbsp; New Jersey Economic <br> Development Authority, <br> Revenue Bonds (Repauno <br> Port & Rail Terminal <br> Project)<sup>(b)</sup> <br>| 6.38 | 1/1/2035 | 1045000 | 1058357 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic <br> Development Authority, <br> Revenue Bonds (The <br> Goethals)<br>| 5.38 | 1/1/2043 | 2500000 | 2500658 |

---

**11**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **New Jersey — 4.9% (continued)** | **New Jersey — 4.9% (continued)** | **New Jersey — 4.9% (continued)** | **New Jersey — 4.9% (continued)** | **New Jersey — 4.9% (continued)** |
| &nbsp;&nbsp;&nbsp; New Jersey Economic <br> Development Authority, <br> Revenue Bonds, Ser. WW<sup>(g)</sup> <br>| 5.25 | 6/15/2025 | 1340000 | 1341066 |
| &nbsp;&nbsp;&nbsp; New Jersey Health Care <br> Facilities Financing <br> Authority, Revenue Bonds <br> (RWJ Barnabas Health <br> Obligated Group)<br>| 4.00 | 7/1/2051 | 1250000 | 1079223 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation <br> Trust Fund Authority, <br> Revenue Bonds<br>| 5.00 | 6/15/2044 | 1250000 | 1268051 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation <br> Trust Fund Authority, <br> Revenue Bonds, Ser. BB<br>| 5.25 | 6/15/2050 | 1000000 | 1022095 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation <br> Trust Fund Authority, <br> Revenue Bonds, Ser. CC<sup>(g)</sup> <br>| 5.50 | 12/15/2032 | 1600000 | 1864499 |
|  |  |  |  | **10133949** |
| **New Mexico — .7%** | **New Mexico — .7%** | **New Mexico — .7%** | **New Mexico — .7%** | **New Mexico — .7%** |
| &nbsp;&nbsp;&nbsp; New Mexico Mortgage Finance <br> Authority, Revenue Bonds <br> (Insured; GNMA, FNMA, <br> FHLMC) Ser. E<br>| 4.70 | 9/1/2054 | 1400000 | **1340541** |
| **New York — 9.4%** | **New York — 9.4%** | **New York — 9.4%** | **New York — 9.4%** | **New York — 9.4%** |
| &nbsp;&nbsp;&nbsp; New York Liberty <br> Development Corp., Revenue <br> Bonds, Refunding (Class <br> 1-3 World Trade Center <br> Project) Ser. 1<sup>(b)</sup> <br>| 5.00 | 11/15/2044 | 3500000 | 3404315 |
| &nbsp;&nbsp;&nbsp; New York Transportation <br> Development Corp., Revenue <br> Bonds (JFK International <br> Airport Terminal)<br>| 5.00 | 12/1/2036 | 2000000 | 2058856 |
| &nbsp;&nbsp;&nbsp; New York Transportation <br> Development Corp., Revenue <br> Bonds (JFK International <br> Airport Terminal)<br>| 5.00 | 12/1/2040 | 1200000 | 1207736 |
| &nbsp;&nbsp;&nbsp; New York Transportation <br> Development Corp., Revenue <br> Bonds (LaGuardia Airport <br> Terminal B Redevelopment <br> Project)<br>| 5.63 | 4/1/2040 | 1000000 | 1025607 |

---

**12**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **New York — 9.4% (continued)** | **New York — 9.4% (continued)** | **New York — 9.4% (continued)** | **New York — 9.4% (continued)** | **New York — 9.4% (continued)** |
| &nbsp;&nbsp;&nbsp; New York Transportation <br> Development Corp., Revenue <br> Bonds (Sustainable Bond) <br> (JFK International Airport <br> Terminal One Project) <br> (Insured; Assured Guaranty <br> Municipal Corp.)<br>| 5.13 | 6/30/2060 | 1000000 | 990561 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2022-<br> XM1004), (Metropolitan <br> Transportation Authority, <br> Revenue Bonds, Refunding <br> (Sustainable Bond) (Insured; <br> Assured Guaranty Municipal <br> Corp.) Ser. C) Non-Recourse, <br> Underlying Coupon Rate <br> 4.00%<sup>(b),(d),(e)</sup> <br>| 4.37 | 11/15/2047 | 3300000 | 2814773 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XM1174), (New York State <br> Transportation <br> Development Corp., Revenue <br> Bonds (Sustainable Bond) <br> (JFK International Airport <br> Terminal One Project) <br> (Insured; Assured Guaranty <br> Municipal Corp.)) Recourse, <br> Underlying Coupon Rate <br> 5.25%<sup>(b),(d),(e)</sup> <br>| 10.29 | 6/30/2060 | 2150000 | 2157886 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XM1181), (Triborough New <br> York Bridge & Tunnel <br> Authority, Revenue Bonds, <br> Ser. A1) Non-Recourse, <br> Underlying Coupon Rate <br> 4.13%<sup>(b),(d),(e)</sup> <br>| 5.24 | 5/15/2064 | 3000000 | 2475483 |

---

**13**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **New York — 9.4% (continued)** | **New York — 9.4% (continued)** | **New York — 9.4% (continued)** | **New York — 9.4% (continued)** | **New York — 9.4% (continued)** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XM1194), (New York <br> Transportation <br> Development Corp., Revenue <br> Bonds, Refunding <br> (Sustainable Bond) (JFK <br> International Airport <br> Terminal Six Redevelopment <br> Project) (Insured; Assured <br> Guaranty Municipal Corp.)) <br> Recourse, Underlying <br> Coupon Rate 5.25%<sup>(b),(d),(e)</sup> <br>| 10.29 | 12/31/2054 | 2100000 | 2107413 |
| &nbsp;&nbsp;&nbsp; Westchester County Local <br> Development Corp., Revenue <br> Bonds, Refunding (Senior <br> Learning Community)<sup>(b)</sup> <br>| 5.00 | 7/1/2041 | 1000000 | 956170 |
|  |  |  |  | **19198800** |
| **North Carolina — 1.9%** | **North Carolina — 1.9%** | **North Carolina — 1.9%** | **North Carolina — 1.9%** | **North Carolina — 1.9%** |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care <br> Commission, Revenue Bonds <br> (Carolina Meadows <br> Obligated Group)<br>| 5.25 | 12/1/2054 | 2885000 | 2889741 |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care <br> Commission, Revenue <br> Bonds, Refunding (Lutheran <br> Services for the Aging <br> Obligated Group)<br>| 4.00 | 3/1/2051 | 1300000 | 1003848 |
|  |  |  |  | **3893589** |
| **Ohio — 9.9%** | **Ohio — 9.9%** | **Ohio — 9.9%** | **Ohio — 9.9%** | **Ohio — 9.9%** |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement <br> Financing Authority, <br> Revenue Bonds, Refunding, <br> Ser. B2<br>| 5.00 | 6/1/2055 | 6665000 | 5775813 |
| &nbsp;&nbsp;&nbsp; Cuyahoga County, Revenue <br> Bonds, Refunding (The <br> MetroHealth System)<br>| 5.00 | 2/15/2052 | 1980000 | 1816576 |
| &nbsp;&nbsp;&nbsp; Cuyahoga County, Revenue <br> Bonds, Refunding (The <br> MetroHealth System)<br>| 5.25 | 2/15/2047 | 2500000 | 2440832 |
| &nbsp;&nbsp;&nbsp; Muskingum County, Revenue <br> Bonds (Genesis Heathcare <br> System Project)<br>| 5.00 | 2/15/2048 | 6495000 | 6027765 |

---

**14**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Ohio — 9.9% (continued)** | **Ohio — 9.9% (continued)** | **Ohio — 9.9% (continued)** | **Ohio — 9.9% (continued)** | **Ohio — 9.9% (continued)** |
| &nbsp;&nbsp;&nbsp; Port of Greater Cincinnati <br> Development Authority, <br> Revenue Bonds, Refunding <br> (Duke Energy Co.) (Insured; <br> Assured Guaranty Municipal <br> Corp.) Ser. B<br>| 4.38 | 12/1/2058 | 1000000 | 896904 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XF1711), (University of <br> Cincinnati Ohio Receipt, <br> Revenue Bonds, Ser. A) Non-<br> Recourse, Underlying <br> Coupon Rate 5.00%<sup>(b),(d),(e)</sup> <br>| 9.90 | 6/1/2049 | 3200000 | 3267704 |
|  |  |  |  | **20225594** |
| **Oklahoma — 2.3%** | **Oklahoma — 2.3%** | **Oklahoma — 2.3%** | **Oklahoma — 2.3%** | **Oklahoma — 2.3%** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XM1163), (Oklahoma City <br> Water Utilities Trust, <br> Revenue Bonds, Refunding) <br> Non-Recourse, Underlying <br> Coupon Rate 5.25%<sup>(b),(d),(e)</sup> <br>| 10.82 | 7/1/2064 | 3200000 | 3315960 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial <br> Authority, Revenue Bonds, <br> Refunding (Montereau <br> Project)<br>| 5.25 | 11/15/2045 | 1500000 | 1456011 |
|  |  |  |  | **4771971** |
| **Pennsylvania — 7.6%** | **Pennsylvania — 7.6%** | **Pennsylvania — 7.6%** | **Pennsylvania — 7.6%** | **Pennsylvania — 7.6%** |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood <br> Improvement Zone <br> Development Authority, <br> Revenue Bonds (City Center <br> Project)<sup>(b)</sup> <br>| 5.00 | 5/1/2042 | 1000000 | 964166 |
| &nbsp;&nbsp;&nbsp; Allentown School District, GO, <br> Refunding (Insured; Build <br> America Mutual) Ser. B<br>| 5.00 | 2/1/2033 | 1455000 | 1515770 |
| &nbsp;&nbsp;&nbsp; Clairton Municipal Authority, <br> Revenue Bonds, Refunding, <br> Ser. B<br>| 4.00 | 12/1/2038 | 3750000 | 3586460 |

---

**15**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Pennsylvania — 7.6% (continued)** | **Pennsylvania — 7.6% (continued)** | **Pennsylvania — 7.6% (continued)** | **Pennsylvania — 7.6% (continued)** | **Pennsylvania — 7.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic <br> Development Financing <br> Authority, Revenue Bonds <br> (The Penndot Major <br> Bridges)<br>| 6.00 | 6/30/2061 | 2000000 | 2077086 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike <br> Commission, Revenue <br> Bonds, Ser. A<br>| 4.00 | 12/1/2050 | 1000000 | 871373 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2023-<br> XF1525), (Pennsylvania <br> Economic Development <br> Financing Authority, <br> Revenue Bonds, Ser. A2) <br> Recourse, Underlying <br> Coupon Rate 4.00%<sup>(b),(d),(e)</sup> <br>| 4.25 | 5/15/2053 | 2300000 | 1898034 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2023-<br> XM1133), (Philadelphia <br> Water & Wastewater, <br> Revenue Bonds, Refunding <br> (Insured; Assured Guaranty <br> Municipal Corp.) Ser. B) <br> Non-Recourse, Underlying <br> Coupon Rate 5.50%<sup>(b),(d),(e)</sup> <br>| 11.41 | 9/1/2053 | 2400000 | 2524665 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XF1750), (Philadelphia Gas <br> Works Co., Revenue Bonds, <br> Refunding (1998 General <br> Ordinance) (Insured; ACE <br> Guaranty Corp.) Ser. 17) <br> Non-Recourse, Underlying <br> Coupon Rate 5.25%<sup>(b),(d),(e)</sup> <br>| 10.61 | 8/1/2054 | 2100000 | 2170462 |
|  |  |  |  | **15608016** |

---

**16**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Rhode Island — 1.8%** | **Rhode Island — 1.8%** | **Rhode Island — 1.8%** | **Rhode Island — 1.8%** | **Rhode Island — 1.8%** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2023-<br> XM1117), (Rhode Island <br> Infrastructure Bank State <br> Revolving Fund, Revenue <br> Bonds, Ser. A) Non-<br> Recourse, Underlying <br> Coupon Rate 4.13%<sup>(b),(d),(e)</sup> <br>| 5.63 | 10/1/2048 | 4000000 | **3773875** |
| **South Carolina — 2.0%** | **South Carolina — 2.0%** | **South Carolina — 2.0%** | **South Carolina — 2.0%** | **South Carolina — 2.0%** |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic <br> Development Authority, <br> Revenue Bonds, Refunding <br> (Bon Secours Mercy Health)<br>| 4.00 | 12/1/2044 | 1500000 | 1334720 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic <br> Development Authority, <br> Revenue Bonds, Refunding <br> (Lutheran Homes of South <br> Caroline Obligated Group)<br>| 5.13 | 5/1/2048 | 1750000 | 1405226 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service <br> Authority, Revenue Bonds, <br> Refunding (Santee Cooper) <br> Ser. A<br>| 4.00 | 12/1/2055 | 1500000 | 1243415 |
|  |  |  |  | **3983361** |
| **South Dakota — 1.3%** | **South Dakota — 1.3%** | **South Dakota — 1.3%** | **South Dakota — 1.3%** | **South Dakota — 1.3%** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2022-<br> XF1409), (South Dakota <br> Health & Educational <br> Facilities Authority, Revenue <br> Bonds, Refunding (Avera <br> Health Obligated Group)) <br> Non-Recourse, Underlying <br> Coupon Rate 5.00%<sup>(b),(d),(e)</sup> <br>| 9.91 | 7/1/2046 | 2680000 | **2646445** |
| **Tennessee — .6%** | **Tennessee — .6%** | **Tennessee — .6%** | **Tennessee — .6%** | **Tennessee — .6%** |
| &nbsp;&nbsp;&nbsp; Metropolitan Government <br> Nashville & Davidson County <br> Health & Educational <br> Facilities Board, Revenue <br> Bonds (Belmont University)<br>| 5.25 | 5/1/2048 | 1250000 | **1260477** |

---

**17**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Texas — 17.6%** | **Texas — 17.6%** | **Texas — 17.6%** | **Texas — 17.6%** | **Texas — 17.6%** |
| &nbsp;&nbsp;&nbsp; Aldine Independent School <br> District, GO (Insured; <br> Permanent School Fund <br> Guarantee Program)<br>| 4.00 | 2/15/2054 | 1000000 | 866362 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education <br> Finance Corp., Revenue <br> Bonds (BASIS Texas Charter <br> Schools)<sup>(b)</sup> <br>| 4.88 | 6/15/2059 | 1000000 | 888421 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education <br> Finance Corp., Revenue <br> Bonds (BASIS Texas Charter <br> Schools)<sup>(b)</sup> <br>| 5.00 | 6/15/2064 | 1000000 | 896078 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education <br> Finance Corp., Revenue <br> Bonds (Riverwalk Education <br> Foundation, Inc.) (Insured; <br> Permanent School Fund <br> Guaranteed)<br>| 4.50 | 8/15/2060 | 1000000 | 932614 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education <br> Finance Corp., Revenue <br> Bonds (International <br> Leadership of Texas) Ser. A<br>| 5.75 | 8/15/2045 | 2500000 | 2497899 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education <br> Finance Corp., Revenue <br> Bonds (International <br> Leadership of Texas) Ser. D<br>| 5.75 | 8/15/2033 | 1000000 | 1002550 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education <br> Finance Corp., Revenue <br> Bonds (International <br> Leadership of Texas) Ser. D<br>| 6.13 | 8/15/2048 | 3500000 | 3503748 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education <br> Finance Corp., Revenue <br> Bonds, Refunding (IDEA <br> Public Schools) (Insured; <br> Permanent School Fund <br> Guarantee Program)<br>| 4.00 | 8/15/2054 | 1000000 | 855599 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education <br> Finance Corp., Revenue <br> Bonds, Refunding <br> (International Leadership of <br> Texas) (Insured; Permanent <br> School Fund Guarantee <br> Program) Ser. A<br>| 4.25 | 8/15/2053 | 1000000 | 900752 |

---

**18**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth <br> International Airport, <br> Revenue Bonds, Refunding, <br> Ser. B<br>| 5.00 | 11/1/2040 | 1500000 | 1578039 |
| &nbsp;&nbsp;&nbsp; Dallas Independent School <br> District, GO, Refunding <br> (Insured; Permanent School <br> Fund Guarantee Program)<br>| 4.00 | 2/15/2054 | 2000000 | 1729950 |
| &nbsp;&nbsp;&nbsp; Fort Bend County, Revenue <br> Bonds, Refunding (Insured; <br> Assured Guaranty Municipal <br> Corp.)<br>| 4.25 | 3/1/2049 | 1250000 | 1113533 |
| &nbsp;&nbsp;&nbsp; Grand Parkway Transportation <br> Corp., Revenue Bonds, <br> Refunding<br>| 4.00 | 10/1/2049 | 1165000 | 1001982 |
| &nbsp;&nbsp;&nbsp; Houston Airport System, <br> Revenue Bonds (United <br> Airlines) Ser. B<br>| 5.50 | 7/15/2037 | 2000000 | 2058975 |
| &nbsp;&nbsp;&nbsp; Houston Airport System, <br> Revenue Bonds, Refunding <br> (Insured; Assured Guaranty <br> Municipal Corp.) Ser. A<br>| 4.50 | 7/1/2053 | 1400000 | 1277159 |
| &nbsp;&nbsp;&nbsp; Houston Airport System, <br> Revenue Bonds, Refunding, <br> Ser. A<br>| 4.00 | 7/1/2039 | 2480000 | 2314465 |
| &nbsp;&nbsp;&nbsp; Lamar Consolidated <br> Independent School District, <br> GO<br>| 4.00 | 2/15/2053 | 1000000 | 842755 |
| &nbsp;&nbsp;&nbsp; Medina Valley Independent <br> School District, GO (Insured; <br> Permanent School Fund <br> Guarantee Program)<br>| 4.00 | 2/15/2053 | 4500000 | 3915829 |
| &nbsp;&nbsp;&nbsp; Mission Economic <br> Development Corp., Revenue <br> Bonds, Refunding <br> (Natgasoline Project)<sup>(b)</sup> <br>| 4.63 | 10/1/2031 | 2000000 | 1997815 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural <br> Education Facilities Finance <br> Corp., Revenue Bonds, <br> Refunding (Trinity Terrace <br> Project)<br>| 5.00 | 10/1/2044 | 1375000 | 1361709 |

---

**19**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** | **Texas — 17.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XM1164), (Texas University <br> System, Revenue Bonds, <br> Refunding) Non-Recourse, <br> Underlying Coupon Rate <br> 5.25%<sup>(b),(d),(e)</sup> <br>| 10.83 | 3/15/2054 | 3200000 | 3290514 |
| &nbsp;&nbsp;&nbsp; Waxahachie Independent <br> School District, GO (Insured; <br> Permanent School Fund <br> Guarantee Program)<br>| 4.25 | 2/15/2053 | 1500000 | 1362048 |
|  |  |  |  | **36188796** |
| **U.S. Related — 1.8%** | **U.S. Related — 1.8%** | **U.S. Related — 1.8%** | **U.S. Related — 1.8%** | **U.S. Related — 1.8%** |
| Puerto Rico, GO, Ser. A<sup>(f)</sup> <br>| 0.00 | 7/1/2033 | 211359 | 143262 |
| Puerto Rico, GO, Ser. A1 | 4.00 | 7/1/2033 | 164238 | 158016 |
| Puerto Rico, GO, Ser. A1 | 4.00 | 7/1/2035 | 147628 | 139457 |
| Puerto Rico, GO, Ser. A1 | 4.00 | 7/1/2037 | 126704 | 117112 |
| Puerto Rico, GO, Ser. A1 | 4.00 | 7/1/2041 | 172269 | 147706 |
| Puerto Rico, GO, Ser. A1 | 4.00 | 7/1/2046 | 179157 | 147354 |
| Puerto Rico, GO, Ser. A1 | 5.38 | 7/1/2025 | 91331 | 91396 |
| Puerto Rico, GO, Ser. A1 | 5.63 | 7/1/2027 | 181259 | 186067 |
| Puerto Rico, GO, Ser. A1 | 5.63 | 7/1/2029 | 2178318 | 2283433 |
| Puerto Rico, GO, Ser. A1 | 5.75 | 7/1/2031 | 173199 | 185433 |
|  |  |  |  | **3599236** |
| **Utah — 1.1%** | **Utah — 1.1%** | **Utah — 1.1%** | **Utah — 1.1%** | **Utah — 1.1%** |
| &nbsp;&nbsp;&nbsp; Mida Cormont Public <br> Infrastructure District, GO, <br> Ser. A2<sup>(b)</sup> <br>| 6.75 | 6/1/2055 | 1460000 | 1181295 |
| &nbsp;&nbsp;&nbsp; Salt Lake City Airport, Revenue <br> Bonds, Ser. A<br>| 5.00 | 7/1/2048 | 1000000 | 982340 |
|  |  |  |  | **2163635** |
| **Virginia — 2.3%** | **Virginia — 2.3%** | **Virginia — 2.3%** | **Virginia — 2.3%** | **Virginia — 2.3%** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XM1176), (Virginia State <br> Housing Development <br> Authority, Revenue Bonds, <br> Ser. A) Recourse, Underlying <br> Coupon Rate 4.80%<sup>(b),(d),(e)</sup> <br>| 9.21 | 9/1/2059 | 3000000 | 2909726 |

---

**20**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Virginia — 2.3% (continued)** | **Virginia — 2.3% (continued)** | **Virginia — 2.3% (continued)** | **Virginia — 2.3% (continued)** | **Virginia — 2.3% (continued)** |
| &nbsp;&nbsp;&nbsp; Virginia Small Business <br> Financing Authority, <br> Revenue Bonds (Transform <br> 66 P3 Project)<br>| 5.00 | 12/31/2049 | 1000000 | 946494 |
| &nbsp;&nbsp;&nbsp; Williamsburg Economic <br> Development Authority, <br> Revenue Bonds (William & <br> Mary Project) (Insured; <br> Assured Guaranty Municipal <br> Corp.) Ser. A<br>| 4.13 | 7/1/2058 | 1000000 | 880602 |
|  |  |  |  | **4736822** |
| **Washington — 4.4%** | **Washington — 4.4%** | **Washington — 4.4%** | **Washington — 4.4%** | **Washington — 4.4%** |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust <br> Receipts (Series 2024-<br> XF1730), (Port of Seattle <br> Washington, Revenue Bonds, <br> Refunding (Intermediate <br> Lien) Ser. 2024A) Non-<br> Recourse, Underlying <br> Coupon Rate 5.25%<sup>(b),(d),(e)</sup> <br>| 10.61 | 7/1/2049 | 2500000 | 2520522 |
| &nbsp;&nbsp;&nbsp; Washington Convention Center <br> Public Facilities District, <br> Revenue Bonds (Sustainable <br> Bond) Ser. B<br>| 4.00 | 7/1/2058 | 1000000 | 754956 |
| &nbsp;&nbsp;&nbsp; Washington Health Care <br> Facilities Authority, Revenue <br> Bonds, Refunding <br> (Providence Health & <br> Services) Ser. A<br>| 5.00 | 10/1/2042 | 5000000 | 4955973 |
| &nbsp;&nbsp;&nbsp; Washington Housing Finance <br> Commission, Revenue <br> Bonds, Refunding (Seattle <br> Academy of Arts & <br> Sciences)<sup>(b)</sup> <br>| 6.38 | 7/1/2063 | 800000 | 855706 |
|  |  |  |  | **9087157** |
| **Wisconsin — 6.8%** | **Wisconsin — 6.8%** | **Wisconsin — 6.8%** | **Wisconsin — 6.8%** | **Wisconsin — 6.8%** |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds<sup>(b)</sup> <br>| 5.00 | 7/1/2055 | 1000000 | 873510 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds (Cone <br> Health) Ser. A<br>| 5.00 | 10/1/2052 | 1000000 | 1000989 |

---

**21**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** | **Long-Term Municipal Investments — 156.6% (continued)** |
| **Wisconsin — 6.8% (continued)** | **Wisconsin — 6.8% (continued)** | **Wisconsin — 6.8% (continued)** | **Wisconsin — 6.8% (continued)** | **Wisconsin — 6.8% (continued)** |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds (EMU <br> Campus Living) (Insured; <br> Build America Mutual) Ser. <br> A1<br>| 5.50 | 7/1/2052 | 1200000 | 1213346 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds (EMU <br> Campus Living) (Insured; <br> Build America Mutual) Ser. <br> A1<br>| 5.63 | 7/1/2055 | 1315000 | 1328810 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds, Ser. 1<br>| 5.75 | 7/1/2062 | 2688655 | 2695109 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds, Refunding <br> (Lindenwood Education <br> System) Ser. A<sup>(b)</sup> <br>| 5.50 | 6/1/2040 | 1000000 | 1005379 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, <br> Revenue Bonds, Refunding, <br> Ser. B<br>| 5.00 | 7/1/2042 | 5000000 | 4831211 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & <br> Educational Facilities <br> Authority, Revenue Bonds <br> (Bellin Memorial Hospital <br> Obligated Group)<br>| 5.50 | 12/1/2052 | 1000000 | 1038253 |
|  |  |  |  | **13986607** |
| **Total Investments** (cost $335,757,913) | **Total Investments** (cost $335,757,913) |  | **156.6%** | **321207870** |
| **Liabilities, Less Cash and Receivables** | **Liabilities, Less Cash and Receivables** |  | **(56.6%)** | **(116044574)** |
| **Net Assets Applicable to Common Stockholders** | **Net Assets Applicable to Common Stockholders** | **Net Assets Applicable to Common Stockholders** | **100.0%** | **205163296** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| *FHLMC—Federal Home Loan Mortgage Corporation* |
| *FNMA—Federal National Mortgage Association* |
| *GNMA—Government National Mortgage Association* |
| *GO—Government Obligation* |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> *These securities have a put feature; the date shown represents the put date and the bond holder can take a* *specific action to retain the bond after the put date.* 

<sup>(b)</sup> *Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities* *may be resold in transactions exempt from registration, normally to qualified institutional buyers. At* *May 31, 2025, these securities amounted to $87,947,872 or 42.9% of net assets applicable to Common* *Stockholders.* 

<sup>(c)</sup> *Non-income producing—security in default.*

<sup>(d)</sup> *The Variable Rate is determined by the Remarketing Agent in its sole discretion based on prevailing market* *conditions and may, but need not, be established by reference to one or more financial indices.* 

**22**

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(e)</sup> *Collateral for floating rate borrowings. The coupon rate given represents the current interest rate for the* *inverse floating rate security.* 

<sup>(f)</sup> *Security issued with a zero coupon. Income is recognized through the accretion of discount.*

<sup>(g)</sup> *These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are* *prerefunded are collateralized by U.S. Government securities which are held in escrow and are used to pay* *principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.* 

*See notes to statement of investments.*

**23**

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Statement of Investments

BNY Mellon Municipal Bond Infrastructure Fund, Inc.

May 31, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>The following is a summary of the inputs used as of May 31, 2025 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments in <br> Securities:<sup>†</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Municipal <br> Securities<br>|  | 321207870 |  | **321207870** |
|  | **—** | **321207870** | **—** | **321207870** |
| **Liabilities ($)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Other Financial <br> Instruments:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Inverse Floater <br> Notes<sup>††</sup> <br>|  | (43155000) |  | **(43155000)** |
| RVMTP Shares |  | (75000000) |  | **(75000000)** |
|  | **—** | **(118155000)** | **—** | **(118155000)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| <sup>†</sup> <br>| *See Statement of Investments for additional detailed categorizations, if any.* |
| <sup>††</sup> <br>| *Certain of the fund's liabilities are held at carrying amount, which approximates fair value for financial* <br> *reporting purposes.*<br>|

---

**24**

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The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission ("SEC") under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount 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 (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

**Level 2**—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The Trust's Board of Directors (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

Investments in municipal securities are valued each business day by an independent pricing service (the "Service") approved by the Board. Investments for which quoted bid

**25**

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prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). Municipal investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Service is engaged under the general oversight of the Board. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

The fund may invest in inverse floater securities on either a non-recourse or recourse basis. These securities are typically supported by a liquidity facility provided by a bank or other financial institution (the "Liquidity Provider") that allows the holders of the Trust Certificates to tender their certificates in exchange for payment from the Liquidity

**26**

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Provider of par plus accrued interest on any business day prior to a termination event. When the fund invests in inverse floater securities on a non-recourse basis, the Liquidity Provider is required to make a payment under the liquidity facility due to a termination event to the holders of the Trust Certificates. When this occurs, the Liquidity Provider typically liquidates all or a portion of the municipal securities held in the Inverse Floater Trust. A liquidation shortfall occurs if the Trust Certificates exceed the proceeds of the sale of the bonds in the Inverse Floater Trust ("Liquidation Shortfall"). When a fund invests in inverse floater securities on a recourse basis, the fund typically enters into a reimbursement agreement with the Liquidity Provider where the fund is required to repay the Liquidity Provider the amount of any Liquidation Shortfall. As a result, a fund investing in a recourse inverse floater security bears the risk of loss with respect to any Liquidation Shortfall.

At May 31, 2025, accumulated net unrealized depreciation on investments was $14,550,043, consisting of $4,072,223 gross unrealized appreciation and $18,622,266 gross unrealized depreciation.

At May 31, 2025, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

**27**

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Municipal Bond Infrastructure Fund, Inc.

- **b. Investment Company Act file number:** 811-22784

- **c. CIK number of Registrant:** 0001565381

- **d. LEI of Registrant:** 5493003OUY2BKGFZ2414

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon Municipal Bond Infrastructure Fund, Inc.

- **c. LEI of Series:** 5493003OUY2BKGFZ2414

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $330039783.03

**Total Liabilities:** $124843206.53

**Net Assets:** $205196576.50

**Delayed Delivery Securities:** $2583695.00

**Cash Not Reported:** $898487.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 198.26879000 | **1-Year:** 2560.97745000 | **5-Year:** 21330.02160000 | **10-Year:** 193430.07253000 | **30-Year:** 26428.26484000

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

- **3-Month:** 0.00000000 | **1-Year:** 306.78523000 | **5-Year:** 3087.25927000 | **10-Year:** 21167.05363000 | **30-Year:** 1185.46733000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -3.63%               | -3.88%               | -0.51%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-640614.37              | $-8130507.33                               |
| Month 2  | $-134778.47              | $-5101671.91                               |
| Month 3  | $-592361.87              | $-3477422.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LONG BEACH CA BOND FIN AUTH NA                                               | Long Beach Bond Finance Authority                                                   | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5492304.50   | 2.68%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                                               | Clifton Higher Education Finance Corp                                               | CUSIP: 187145JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3503747.80   | 1.71%             | 2048-08-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CHRISTIAN CNTY KY HOSP REVENUE                                               | County of Christian KY                                                              | CUSIP: 170692CP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999980.80    | 0.49%             | 2044-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH DO                                               | New Jersey Economic Development Authority                                           | CUSIP: 64578TAA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1058356.67   | 0.52%             | 2035-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                                                 | Michigan Finance Authority                                                          | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $848660.60    | 0.41%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU                                               | Louisiana Public Facilities Authority                                               | CUSIP: 546399UP9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3429775.47   | 1.67%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                        | Pennsylvania Economic Development Financing Authority (TOBs)                        | CUSIP: 70870JFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005245 | PA      | $829560.14    | 0.40%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                                               | Wisconsin Health & Educational Facilities Authority                                 | CUSIP: 97712JGT4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038252.70   | 0.51%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R                                               | Massachusetts Development Finance Agency                                            | CUSIP: 57584X4P3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $895261.50    | 0.44%             | 2057-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R                                               | Massachusetts Development Finance Agency                                            | CUSIP: 57585BKB3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028233.00   | 0.50%             | 2050-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                                               | New York Transportation Development Corp                                            | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025607.30   | 0.50%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DULUTH MN ECON DEV AUTH HLTH C                                               | Duluth Economic Development Authority                                               | CUSIP: 26444CHG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1357503.98   | 0.66%             | 2058-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                                               | Clifton Higher Education Finance Corp                                               | CUSIP: 187145SV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900752.00    | 0.44%             | 2053-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2178318 | PA      | $2283433.17   | 1.11%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                                               | Clifton Higher Education Finance Corp                                               | CUSIP: 187145DL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2497899.00   | 1.22%             | 2045-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI PROJ REVENU                                               | Public Finance Authority                                                            | CUSIP: 74444UAW2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1213346.28   | 0.59%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POOLED CHRT                                               | Public Finance Authority                                                            | CUSIP: 74448GAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2688655 | PA      | $2695108.63   | 1.31%             | 2062-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WILLIAMSBURG VA ECON DEV AUTH                                                | Williamsburg Economic Development Authority                                         | CUSIP: 969671AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $880602.20    | 0.43%             | 2058-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                         | Colorado Health Facilities Authority (TOBs)                                         | CUSIP: 19648FKA1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2455000 | PA      | $2576214.04   | 1.26%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING                                                | Massachusetts Educational Financing Authority                                       | CUSIP: 57563RTB5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041345.50   | 0.51%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REVENUE                                                | Michigan State Building Authority                                                   | CUSIP: 594615GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2177173.75   | 1.06%             | 2049-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                    | Philadelphia Gas Works Co (TOBs)                                                    | CUSIP: 71783MDF9<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2170462.35   | 1.06%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SENIOR LI                                               | New Hampshire Business Finance Authority                                            | CUSIP: 63608SAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2925000 | PA      | $2491727.94   | 1.21%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                  | State of Illinois                                                                   | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2687156.42   | 1.31%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING A                                               | Virginia Small Business Financing Authority                                         | CUSIP: 928097AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946494.00    | 0.46%             | 2049-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    179157 | PA      | $147354.12    | 0.07%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                                               | Clifton Higher Education Finance Corp                                               | CUSIP: 187145UF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $855598.50    | 0.42%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                                               | Colorado Health Facilities Authority                                                | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007571.30   | 0.49%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RENO NV SALES TAX REVENUE                                                    | City of Reno NV                                                                     | CUSIP: 759861DT1<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $840984.00    | 0.41%             | 2058-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX INDEP SCH DIST                                                     | Dallas Independent School District                                                  | CUSIP: 235308Q22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1729950.00   | 0.84%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION                                               | Missouri Housing Development Commission                                             | CUSIP: 60637B8H6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    985000 | PA      | $942218.69    | 0.46%             | 2054-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU                                               | San Diego County Regional Airport Authority                                         | CUSIP: 79739GNX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3180887.20   | 1.55%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLAIRTON PA MUNI AUTH SWR REVE                                               | Clairton Municipal Authority                                                        | CUSIP: 179630DM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3586460.25   | 1.75%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING                                                | Pennsylvania Economic Development Financing Authority                               | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077086.20   | 1.01%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                                               | California Community Choice Financing Authority                                     | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1761084.27   | 0.86%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VALPARAISO IN EXEMPT FACS REVE                                               | City of Valparaiso IN                                                               | CUSIP: 92028RAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $695506.50    | 0.34%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                        | Metropolitan Transportation Authority (TOBs)                                        | CUSIP: 59261AZX8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2814772.95   | 1.37%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY NY LOCAL DEV                                                | Westchester County Local Development Corp                                           | CUSIP: 95737TES1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956170.30    | 0.47%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE                                                | County of Jefferson AL Sewer Revenue                                                | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2819127.85   | 1.37%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH                                                         | Stamford Housing Authority                                                          | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $475226.30    | 0.23%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON                                                | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd    | CUSIP: 592029CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1260477.38   | 0.61%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH                                               | Maricopa County Industrial Development Authority                                    | CUSIP: 56681NEN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $951170.89    | 0.46%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                       | Triborough Bridge & Tunnel Authority Sales Tax Revenue (TOBs)                       | CUSIP: 896035DG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5475482.40   | 2.67%             | 2064-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                       | South Dakota Health & Educational Facilities Authority (TOBs)                       | CUSIP: 83755VG99<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2646444.39   | 1.29%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEV FIN AUTH ENVIRONM                                               | Arkansas Development Finance Authority                                              | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3540119.80   | 1.73%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS CNTY MO INDL DEV A                                               | St Louis County Industrial Development Authority                                    | CUSIP: 791524CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928386.80    | 0.45%             | 2049-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    181259 | PA      | $186066.71    | 0.09%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                     | New York Transportation Development Corp (TOBs)                                     | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2107412.48   | 1.03%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU                                               | Wayne County Airport Authority                                                      | CUSIP: 944514QV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250002.13   | 0.61%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                                               | Colorado Health Facilities Authority                                                | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1079927.50   | 0.53%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM AL SPL CARE FACS FI                                               | Alabama Special Care Facilities Financing Authority-Birmingham AL                   | CUSIP: 091081DP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3820000 | PA      | $3355770.30   | 1.64%             | 2050-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE                                               | City of Salt Lake City UT Airport Revenue                                           | CUSIP: 795576HL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982340.20    | 0.48%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Cincinnati                                                     | University of Cincinnati (TOBs)                                                     | CUSIP: 9141194W9<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3267704.00   | 1.59%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODBURY MN CHRT SCH LEASE REV                                               | City of Woodbury MN                                                                 | CUSIP: 979134BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $777913.11    | 0.38%             | 2063-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L                                               | New York Liberty Development Corp                                                   | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3404314.55   | 1.66%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDACORMONTPUBLICINFRASTRUC                                                  | MidaCormontPublicInfrastructureDistrict                                             | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1181295.05   | 0.58%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A                                               | Greater Orlando Aviation Authority                                                  | CUSIP: 3922742H8<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2118935.06   | 1.03%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA                                                         | Municipal Electric Authority of Georgia                                             | CUSIP: 62620HEL2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2496701.50   | 1.22%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL PORT DIST                                               | Hillsborough County Port District                                                   | CUSIP: 432325JN9<br>LEI: 549300HV3CIZREMO9Q36 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1218273.13   | 0.59%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                     | New York Transportation Development Corp (TOBs)                                     | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2157886.16   | 1.05%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HLTH CARE FACS F                                               | New Jersey Health Care Facilities Financing Authority                               | CUSIP: 645790QD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1079223.38   | 0.53%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE                                               | New Jersey Economic Development Authority                                           | CUSIP: 64577XAF3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1341066.51   | 0.65%             | 2040-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Jackson MO                                                         | County of Jackson MO (TOBs)                                                         | CUSIP: 467578LX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2680530.00   | 1.31%             | 2053-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU                                               | Louisiana Public Facilities Authority                                               | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1883796.57   | 0.92%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    173199 | PA      | $185433.34    | 0.09%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOBACCO SECURITIZATI                                               | Golden State Tobacco Securitization Corp                                            | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978637.80    | 0.48%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Water Utilities Trust                                          | Oklahoma City Water Utilities Trust (TOBs)                                          | CUSIP: 67865EBR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3315960.00   | 1.62%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE CO MET DIST #5                                                 | Rampart Range Metropolitan District No 5                                            | CUSIP: 75157WAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $783607.30    | 0.38%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                                               | Florida Housing Finance Corp                                                        | CUSIP: 34074M3N9<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1386963.94   | 0.68%             | 2044-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A                                               | South Carolina Public Service Authority                                             | CUSIP: 837151A25<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1243414.95   | 0.61%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A                                               | Washington Health Care Facilities Authority                                         | CUSIP: 93978HFW0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4955973.00   | 2.42%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH EXEMPT FAC                                               | Indiana Finance Authority                                                           | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $296540.28    | 0.14%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI                                               | Dallas Fort Worth International Airport                                             | CUSIP: 23503CBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1578039.30   | 0.77%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU                                               | Louisiana Public Facilities Authority                                               | CUSIP: 546399UM6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1385944.30   | 0.68%             | 2050-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I                                               | Indianapolis Local Public Improvement Bond Bank                                     | CUSIP: 45528U7K1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018167.30   | 0.50%             | 2067-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST HSG FIN AGY H                                               | Massachusetts Housing Finance Agency                                                | CUSIP: 57586P7M2<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $914677.50    | 0.45%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    211359 | PA      | $143261.94    | 0.07%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City & County Airport Comm-San Francisco International Airport (TOBs) | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4483321.88   | 2.18%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH EDU R                                               | Industrial Development Authority of the City of Phoenix Arizona/The                 | CUSIP: 71885FEB9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1887183.40   | 0.92%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OH HOSP REVENUE                                                | County of Cuyahoga OH                                                               | CUSIP: 2322655S3<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2440832.25   | 1.19%             | 2047-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PINELLAS CNTY FL INDL DEV AUTH                                               | Pinellas County Industrial Development Authority                                    | CUSIP: 72316VAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968253.30    | 0.47%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                                                 | Illinois Finance Authority                                                          | CUSIP: 45204FSP1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040232.20   | 0.51%             | 2052-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VILLAGE CDD NO 15 SPL ASSMNT R                                               | Village Community Development District No 15                                        | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $878871.51    | 0.43%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST                                                | New Jersey Transportation Trust Fund Authority                                      | CUSIP: 64613CCH9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1268051.25   | 0.62%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH ACT 38 FA                                               | Michigan Finance Authority                                                          | CUSIP: 59447NBC9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1330431.14   | 0.65%             | 2049-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH RETM                                               | Delaware State Economic Development Authority                                       | CUSIP: 246371AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006760.40   | 0.49%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE                                               | South Carolina Jobs-Economic Development Authority                                  | CUSIP: 83703EMQ5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1334719.50   | 0.65%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL                                                | Connecticut State Health & Educational Facilities Authority                         | CUSIP: 20775DHW5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1209113.25   | 0.59%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLLIER CNTY FL INDL DEV AUTH                                                | Collier County Industrial Development Authority                                     | CUSIP: 194641BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3455559.22   | 1.68%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    147628 | PA      | $139457.34    | 0.07%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACS AUTH DOC                                               | Louisiana Public Facilities Authority                                               | CUSIP: 54639UAA7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000176.00   | 0.49%             | 2036-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F                                               | Tarrant County Cultural Education Facilities Finance Corp                           | CUSIP: 87638TJJ3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1361709.39   | 0.66%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE                                               | Public Finance Authority                                                            | CUSIP: 744396KG6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $873510.40    | 0.43%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM                                               | North Carolina Medical Care Commission                                              | CUSIP: 65821DYG0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1003847.91   | 0.49%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                                               | New York Transportation Development Corp                                            | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990560.90    | 0.48%             | 2060-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI                                               | Pennsylvania Turnpike Commission                                                    | CUSIP: 709225BD7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $871373.10    | 0.42%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                                                  | City of Houston TX Airport System Revenue                                           | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058974.80   | 1.00%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                   | City of Detroit MI                                                                  | CUSIP: 2510935E6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993416.20    | 0.48%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH MIDWSTRN DISA                                               | Iowa Finance Authority                                                              | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1293556.00   | 0.63%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                                                   | City of Chicago IL                                                                  | CUSIP: 167486E21<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1894991.80   | 0.92%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESS RANCH MET DIST #6 CO                                                    | Hess Ranch Metropolitan District No 6                                               | CUSIP: 428112AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1321378.95   | 0.64%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE                                               | South Carolina Jobs-Economic Development Authority                                  | CUSIP: 837033KM0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1405226.20   | 0.68%             | 2048-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL DEV AUTH HOSP                                               | Lee County Industrial Development Authority/FL                                      | CUSIP: 52350LAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1445835.30   | 0.70%             | 2049-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                                                  | City of Houston TX Airport System Revenue                                           | CUSIP: 442349FU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2314464.71   | 1.13%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP PRIV                                               | Maryland Economic Development Corp                                                  | CUSIP: 57422JCA4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4110663.06   | 2.00%             | 2055-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT                                               | Allentown Neighborhood Improvement Zone Development Authority                       | CUSIP: 018444AY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964165.80    | 0.47%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL HLTH FACS A                                               | Palm Beach County Health Facilities Authority                                       | CUSIP: 696507VT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106400.80   | 0.54%             | 2058-05-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE                                                | State of Illinois Sales Tax Revenue                                                 | CUSIP: 452227VR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016192.00   | 0.98%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE                                               | New Jersey Economic Development Authority                                           | CUSIP: 6459182D4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500658.00   | 1.22%             | 2043-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MEDINA VLY TX INDEP SCH DIST                                                 | Medina Valley Independent School District                                           | CUSIP: 584887UR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3915829.35   | 1.91%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                                               | Colorado Health Facilities Authority                                                | CUSIP: 19648FRW6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2415074.10   | 1.18%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                                               | New York Transportation Development Corp                                            | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1207736.16   | 0.59%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH                                               | Maricopa County Industrial Development Authority                                    | CUSIP: 56681NCW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014956.60   | 0.98%             | 2052-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE                                                  | State of Hawaii Airports System Revenue                                             | CUSIP: 419794H54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1240634.25   | 0.60%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH SENIOR                                               | Tulsa County Industrial Authority                                                   | CUSIP: 899530BA6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1456010.70   | 0.71%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO                                               | Arizona Industrial Development Authority                                            | CUSIP: 04052FBV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3425000 | PA      | $2770255.77   | 1.35%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                | Texas State University System (TOBs)                                                | CUSIP: 88278PJ96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3290514.40   | 1.60%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST MTGE FIN AUTH                                                  | New Mexico Mortgage Finance Authority                                               | CUSIP: 647201R79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1340540.88   | 0.65%             | 2054-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP                                                | Arlington Higher Education Finance Corp                                             | CUSIP: 041807JW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888420.90    | 0.43%             | 2059-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                                               | California Statewide Communities Development Authority                              | CUSIP: 13080SSJ4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1794312.19   | 0.87%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                  | State of Illinois                                                                   | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3642144.10   | 1.77%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                         | Chicago O'Hare International Airport (TOBs)                                         | CUSIP: 1675934S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2167948.65   | 1.06%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                           | Port of Seattle WA (TOBs)                                                           | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2520521.88   | 1.23%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL INDL DEV AUTH S                                               | Mobile County Industrial Development Authority                                      | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $655084.70    | 0.32%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COOPERAT                                               | Southeast Energy Authority A Cooperative District                                   | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047938.60   | 0.51%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                                               | California Statewide Communities Development Authority                              | CUSIP: 13080SBY9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2038075.29   | 0.99%             | 2043-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                      | Municipal Electric Authority of Georgia (TOBs)                                      | CUSIP: 626207X33<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $1999385.53   | 0.97%             | 2059-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    164238 | PA      | $158015.96    | 0.08%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TX TOLL ROAD RE                                               | County of Fort Bend TX Toll Road Revenue                                            | CUSIP: 346817ET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1113533.38   | 0.54%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL WTR & SWR R                                               | County of Miami-Dade FL Water & Sewer System Revenue                                | CUSIP: 59334DNT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $840462.20    | 0.41%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV                                               | City & County of Denver CO Airport System Revenue                                   | CUSIP: 249182QX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025737.50   | 0.50%             | 2053-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI                                               | Washington State Housing Finance Commission                                         | CUSIP: 93978LGR1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    800000 | PA      | $855705.92    | 0.42%             | 2063-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI ARPT FACS R                                               | Public Finance Authority                                                            | CUSIP: 74443CAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4831211.50   | 2.35%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA CITY SCH DIST                                                   | Allentown City School District                                                      | CUSIP: 018411UE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1515769.82   | 0.74%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP                                                | Arlington Higher Education Finance Corp                                             | CUSIP: 041807JX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $896078.50    | 0.44%             | 2064-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP                                                | Arlington Higher Education Finance Corp                                             | CUSIP: 041807ML9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932613.70    | 0.45%             | 2060-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                                                  | City of Houston TX Airport System Revenue                                           | CUSIP: 442349GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1277158.68   | 0.62%             | 2053-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                                                        | Chicago Board of Education                                                          | CUSIP: 167505VB9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1484940.60   | 0.72%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIERRA VISTA AZ INDL DEV AUTH                                                | Sierra Vista Industrial Development Authority                                       | CUSIP: 82652UAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $908722.40    | 0.44%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPRTN CORP T                                               | Grand Parkway Transportation Corp                                                   | CUSIP: 38611TCC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1001982.02   | 0.49%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT                                               | Michigan State Housing Development Authority                                        | CUSIP: 594654ET8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2335368.50   | 1.14%             | 2034-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST CONVENTION CENTE                                               | Washington State Convention Center Public Facilities District                       | CUSIP: 93976AEL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $754956.20    | 0.37%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-SAINT PAUL MN MET                                                | Minneapolis-St Paul Metropolitan Airports Commission                                | CUSIP: 603827N44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2590263.30   | 1.26%             | 2054-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                                               | Kentucky Public Energy Authority                                                    | CUSIP: 74440DDS0<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1299169.31   | 0.63%             | 2052-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                                               | New York Transportation Development Corp                                            | CUSIP: 650116FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058856.00   | 1.00%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Infrastructure Bank State Revolving Fund                        | Rhode Island Infrastructure Bank State Revolving Fund (TOBs)                        | CUSIP: 76223MBR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3773875.20   | 1.84%             | 2048-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                                               | Clifton Higher Education Finance Corp                                               | CUSIP: 187145JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002549.60   | 0.49%             | 2033-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST TOBACCO SETTLEMENT                                               | Michigan Tobacco Settlement Finance Authority                                       | CUSIP: 594751AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $583584.00    | 0.28%             | 2058-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT                                                | Buckeye Tobacco Settlement Financing Authority                                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6665000 | PA      | $5775813.02   | 2.81%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOMINION WTR & SANTN DIST CO R                                               | Dominion Water & Sanitation District                                                | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003248.40   | 0.98%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS CNTY MO INDL DEV A                                               | St Louis County Industrial Development Authority                                    | CUSIP: 791524BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967046.20    | 0.47%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HLTHCARE SY                                               | Public Finance Authority                                                            | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000988.70   | 0.49%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    172269 | PA      | $147706.09    | 0.07%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                   | Maryland Stadium Authority (TOBs)                                                   | CUSIP: 574294CV4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3023320.50   | 1.47%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV SCH DIST                                                       | Clark County School District                                                        | CUSIP: 1810592S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2099907.43   | 1.02%             | 2041-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                                                     | District of Columbia                                                                | CUSIP: 25483VE91<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023849.00   | 0.50%             | 2055-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OH HOSP REVENUE                                                | County of Cuyahoga OH                                                               | CUSIP: 2322655T1<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1816576.54   | 0.89%             | 2052-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL                                                | Metropolitan Pier & Exposition Authority                                            | CUSIP: 592247K90<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $821279.20    | 0.40%             | 2036-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WAXAHACHIE TX INDEP SCH DIST                                                 | Waxahachie Independent School District                                              | CUSIP: 944097ZJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1362048.00   | 0.66%             | 2053-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3F2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     91331 | PA      | $91395.92     | 0.04%             | 2025-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST                                                | New Jersey Transportation Trust Fund Authority                                      | CUSIP: 64613CCL0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1864498.56   | 0.91%             | 2050-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC                                               | California County Tobacco Securitization Agency                                     | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $849955.60    | 0.41%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP ARP                                               | City of Phoenix Civic Improvement Corp                                              | CUSIP: 71883MNY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1760747.69   | 0.86%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ERNEST N MORIAL-NEW ORLEANS LA                                               | Ernest N Morial New Orleans Exhibition Hall Authority                               | CUSIP: 295852KY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556130.30   | 0.76%             | 2054-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST                                                | New Jersey Transportation Trust Fund Authority                                      | CUSIP: 64613CEH7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022094.80   | 0.50%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                                                   | City of Chicago IL                                                                  | CUSIP: 167486ZY8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544810.25   | 1.24%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDUCTNL FAC                                               | Public Finance Authority                                                            | CUSIP: 74443DLU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005378.80   | 0.49%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                           | City of Philadelphia PA Water & Wastewater Revenue (TOBs)                           | CUSIP: 7178932Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2524664.40   | 1.23%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Brookhaven Development Authority                                             | Brookhaven Development Authority (TOBs)                                             | CUSIP: 113073AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3439508.40   | 1.68%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUSKINGUM CNTY OH HOSP FACS                                                  | County of Muskingum OH                                                              | CUSIP: 628077CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6495000 | PA      | $6027764.64   | 2.94%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                       | Virginia Housing Development Authority (TOBs)                                       | CUSIP: 92812WNX8<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2909725.50   | 1.42%             | 2059-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                                               | Kentucky Public Energy Authority                                                    | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037192.90   | 0.51%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL HLTH FACS A                                               | Palm Beach County Health Facilities Authority                                       | CUSIP: 69650MBB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2185101.20   | 1.06%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALDINE TX INDEP SCH DIST                                                     | Aldine Independent School District                                                  | CUSIP: 014393ZT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $866362.40    | 0.42%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEMINOLE CNTY FL INDL DEV AUTH                                               | Seminole County Industrial Development Authority                                    | CUSIP: 81669TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467315.05    | 0.23%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT                                               | Port of Greater Cincinnati Development Authority                                    | CUSIP: 734195EE6<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $896903.90    | 0.44%             | 2058-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH ECON                                                | Arizona Industrial Development Authority                                            | CUSIP: 040523AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $96000.00     | 0.05%             | 2050-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI PROJ REVENU                                               | Public Finance Authority                                                            | CUSIP: 74444UAX0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1328809.60   | 0.65%             | 2055-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECON DEV CORP REVEN                                               | Mission Economic Development Corp                                                   | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997814.80   | 0.97%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CA CMNTY FACS DIST                                               | Orange County Community Facilities District                                         | CUSIP: 68423PZK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004809.70   | 0.49%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAMAR TX CONSOL INDEP SCH DIST                                               | Lamar Consolidated Independent School District                                      | CUSIP: 513174H96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $842754.70    | 0.41%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP STUD                                               | Maryland Economic Development Corp                                                  | CUSIP: 57420VTK9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    650000 | PA      | $650220.94    | 0.32%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL                                                | Metropolitan Pier & Exposition Authority                                            | CUSIP: 592250DM3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1698915.58   | 0.83%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC                                                | Omaha Public Power District                                                         | CUSIP: 682001HA3<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870918.00    | 0.42%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                                                           | Commonwealth of Puerto Rico                                                         | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    126704 | PA      | $117111.81    | 0.06%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                        | Pennsylvania Economic Development Financing Authority (TOBs)                        | CUSIP: 70870JFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1294755 | PA      | $1068473.46   | 0.52%             | 2053-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM                                               | North Carolina Medical Care Commission                                              | CUSIP: 65820YTG1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2889740.92   | 1.41%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SALT VERDE AZ FINANCIAL CORP S                                               | Salt Verde Financial Corp                                                           | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5175487.50   | 2.52%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                            | Regional Transportation Authority (TOBs)                                            | CUSIP: 7599114F4<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1388281.70   | 0.68%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** BNY Mellon Municipal Bond Infrastructure Fund, Inc.

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer