# EDGAR Filing Document

**Accession Number:** 0001388485
**File Stem:** 0000940400-26-020840
**Filing Date:** 2026-5
**Character Count:** 205462
**Document Hash:** 649376ca19f9b2d00cd6ce8da77c2741
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020840.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0000940400-26-020840

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FundVantage Trust
- **CENTRAL INDEX KEY:** 0001388485

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22027
- **FILM NUMBER:** 261017955

**BUSINESS ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 3027911906

**MAIL ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### Ambrus Tax-Conscious National Bond Fund (Series ID: S000077408)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000237822 | Institutional Class | TCNBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FundVantage Trust

- **b. Investment Company Act file number:** 811-22027

- **c. CIK number of Registrant:** 0001388485

- **d. LEI of Registrant:** 549300C6U7XKIL1IY249

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

  - **Street Address 1:** 103 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 856-528-3500

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

- **a. Name of Series:** Ambrus Tax-Conscious National Bond Fund

- **b. EDGAR series identifier (if any):** S000077408

- **c. LEI of Series:** 549300WAUR0PNPECKD06

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $451872880.34

**Total Liabilities:** $11056598.01

**Net Assets:** $440816282.33

**Delayed Delivery Securities:** $2977397.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 829.76140000 | **1-Year:** 18487.91062000 | **5-Year:** 89499.07864000 | **10-Year:** 122468.58606000 | **30-Year:** 1949.25765000

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

- **3-Month:** 0.00000000 | **1-Year:** 421.95018000 | **5-Year:** 480.91670000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237822 | 0.50%                | 0.78%                | -1.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-116913.49              | $1183598.62                                |
| Month 2  | $491756.53               | $1717641.12                                |
| Month 3  | $1388.02                 | $-6479987.08                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NEW ORLEANS LA                                                                    | LA NEW 5 12/01/2043                                                                                                                                    | CUSIP: 64763FH36<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |    325000 | PA      | $332002.00    | 0.08%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP                                                    | Metropolitan Nashville Airport Authority/The                                                                                                           | CUSIP: 592190NK4<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   4145000 | PA      | $4279169.09   | 0.97%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON                                                     | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd                                                                       | CUSIP: 592029DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3218966.22   | 0.73%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST                                                    | Oregon Coast Community College District                                                                                                                | CUSIP: 68583NCJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $217390.58    | 0.05%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIVONIA MI PUBLIC SCHS SCH DIS                                                    | Livonia Public Schools                                                                                                                                 | CUSIP: 539243XR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307783.29    | 0.07%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON CNTY IND REDEV AUTH                                                       | IN JCRDEV 5 07/15/2044                                                                                                                                 | CUSIP: 47842ABC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $991200.55    | 0.22%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY AFFORD                                                    | New York State Housing Finance Agency                                                                                                                  | CUSIP: 64987J6T3<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003779.00   | 0.45%             | 2045-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CARLYNTON PA SCH DIST                                                             | Carlynton School District                                                                                                                              | CUSIP: 143110FQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106427.46    | 0.02%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RADNOR TWP PA SCH DIST                                                            | Radnor Township School District                                                                                                                        | CUSIP: 750599UJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $383498.93    | 0.09%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORESVILLE TX ELEC LIGHT & PW                                                    | City of Floresville TX Electric Light & Power System Revenue                                                                                           | CUSIP: 340405MT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1865975.28   | 0.42%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN COMMUTER TRANSPORTATION DISTRICT (IN)                                    | IN NINTRN 5 07/01/2041                                                                                                                                 | CUSIP: 66528PBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3362151.41   | 0.76%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                                             | NY NYSHGR 5.5 07/01/2031                                                                                                                               | CUSIP: 64983XWB6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2153955.80   | 0.49%             | 2031-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PARKER (TX), COUNTY OF                                                            | TX PKR 5 02/15/2042                                                                                                                                    | CUSIP: 701060JG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5044506.50   | 1.14%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRDG & TUNL AUTH N Y                                                   | NY TRBTRN 5 11/15/2042                                                                                                                                 | CUSIP: 89602N7C2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1650122.99   | 0.37%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORT COLLINS CO ELEC UTILITY E                                                    | City of Fort Collins CO Electric Utility Enterprise Revenue                                                                                            | CUSIP: 34710RAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $986381.39    | 0.22%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARLYNTON PA SCH DIST                                                             | Carlynton School District                                                                                                                              | CUSIP: 143110FR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $159653.06    | 0.04%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REVENUE                                                       | Indiana Finance Authority                                                                                                                              | CUSIP: 45506DSP1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    305000 | PA      | $305394.73    | 0.07%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL                                                     | Connecticut State Health & Educational Facilities Authority                                                                                            | CUSIP: 20774YXG7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2460941.93   | 0.56%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAK HILLS OH LOCAL SCH DIST                                                       | Oak Hills Local School District                                                                                                                        | CUSIP: 671392HW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $669433.63    | 0.15%             | 2049-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LIVONIA MI PUBLIC SCHS SCH DIS                                                    | Livonia Public Schools                                                                                                                                 | CUSIP: 539243XT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213443.20    | 0.05%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV ARPT REVENUE                                                        | County of Clark Department of Aviation                                                                                                                 | CUSIP: 18085PRB2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    550000 | PA      | $558628.79    | 0.13%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHALLOWATER TX                                                                    | City of Shallowater TX                                                                                                                                 | CUSIP: 819292FV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175745.38    | 0.04%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Western Alliance Bancorp                                                          | WAL V3 06/15/31                                                                                                                                        | CUSIP: 957638AD1<br>LEI: 5493003VJXZ5JXT9S762 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480365.00    | 0.11%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KING COUNTY PUBLIC HOSPITAL DISTRICT N.1 (WA)                                     | WA KINMED 5 12/01/2043                                                                                                                                 | CUSIP: 494782LF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $714470.68    | 0.16%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARION AR SALES & USE TAX                                                         | City of Marion AR Sales & Use Tax Revenue                                                                                                              | CUSIP: 568584DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008505.90   | 0.23%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO O'HARE INTERNATIONAL AIRPORT (IL)                                         | IL CHITRN 5.25 01/01/2053                                                                                                                              | CUSIP: 1675935E8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1290672.50   | 0.29%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                                             | NY NYSHGR 5 03/15/2041                                                                                                                                 | CUSIP: 64990AKF1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1647150.24   | 0.37%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                                      | NY NYC 5.25 10/01/2041                                                                                                                                 | CUSIP: 64966QK90<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    285000 | PA      | $307032.12    | 0.07%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHAMBERS CNTY TX JUSTICE CENTE                                                    | Chambers County Justice Center Public Facilities Corp                                                                                                  | CUSIP: 157795BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $997735.96    | 0.23%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                    | C V6.875 PERP GG                                                                                                                                       | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1410488.80   | 0.32%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| W HOLLYWOOD CA PUBLIC FING AUT                                                    | West Hollywood Public Financing Authority                                                                                                              | CUSIP: 95332RDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41932.86     | 0.01%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS                                                | MA MASTRN 5 07/01/2048                                                                                                                                 | CUSIP: 575579V95<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |    815000 | PA      | $850763.91    | 0.19%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                 | BK V4.625 PERP F                                                                                                                                       | CUSIP: 064058AF7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    700000 | PA      | $697578.00    | 0.16%             | N/A             | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRDG & TUNL AUTH N Y                                                   | NY TRBTRN 5 11/15/2047                                                                                                                                 | CUSIP: 89602N7D0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    600000 | PA      | $605636.10    | 0.14%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATOMAS CA UNIF SCH DIST                                                          | Natomas Unified School District                                                                                                                        | CUSIP: 63877NLT2<br>LEI: 5493003NJ3RTOZO25E38 | Long             | DBT              | MUN               | US        |    950000 | PA      | $770591.46    | 0.17%             | 2043-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HOLLIDAYSBURG PA AREA SCH DIST                                                    | Hollidaysburg Area School District                                                                                                                     | CUSIP: 435475TY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261452.03    | 0.06%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                       | IL CHI 6.23 01/01/2032                                                                                                                                 | CUSIP: 1674862G3<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506928.80   | 0.34%             | 2032-01-01      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER                                                     | Colorado International Center Metropolitan District No 3                                                                                               | CUSIP: 196501AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $163980.98    | 0.04%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH SF MTGE REVEN                                                    | Iowa Finance Authority                                                                                                                                 | CUSIP: 462467G39<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    250000 | PA      | $228603.58    | 0.05%             | 2029-07-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REVENUE                                                          | County of King WA Sewer Revenue                                                                                                                        | CUSIP: 4952893M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2918944.20   | 0.66%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                                      | NY NYC 5.25 10/01/2047                                                                                                                                 | CUSIP: 64966QL57<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2910000 | PA      | $3030586.04   | 0.69%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOLLIDAYSBURG PA AREA SCH DIST                                                    | Hollidaysburg Area School District                                                                                                                     | CUSIP: 435475TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $248111.03    | 0.06%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                                                      | Illinois Finance Authority                                                                                                                             | CUSIP: 45204FJJ5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1278441.51   | 0.29%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TURLOCK CA UNIF SCH DIST                                                          | Turlock Unified School District                                                                                                                        | CUSIP: 90021PEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $826921.90    | 0.19%             | 2042-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EL PASO TX                                                                        | City of El Paso TX                                                                                                                                     | CUSIP: 283734F71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007523.00   | 0.46%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOVER NH                                                                          | City of Dover NH                                                                                                                                       | CUSIP: 260183C71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992652.50    | 0.23%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER                                                     | Colorado International Center Metropolitan District No 3                                                                                               | CUSIP: 196501BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $623715.48    | 0.14%             | 2046-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MINNESOTA MUN GAS AGY                                                             | MN MGAUTL 5 09/01/2035                                                                                                                                 | CUSIP: 60406XAJ0<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3789580.99   | 0.86%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA (PA), STATE OF                                                       | PA PASCTF 5 07/01/2043                                                                                                                                 | CUSIP: 709144PA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1563617.47   | 0.35%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                       | IL ILS 5.5 05/01/2039                                                                                                                                  | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    480000 | PA      | $505974.86    | 0.11%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN JACINTO TX CMNTY CLG DIST                                                     | San Jacinto Community College District                                                                                                                 | CUSIP: 798025PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3057197.10   | 0.69%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                 | IL ILSGEN 5 08/15/2052                                                                                                                                 | CUSIP: 45204FTB1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1129732.12   | 0.26%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABINGTON PA SCH DIST                                                              | Abington School District                                                                                                                               | CUSIP: 003554Z39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $143547.54    | 0.03%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                    | C V6.75 PERP EE                                                                                                                                        | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1900310.78   | 0.43%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EHOVE OH JT VOCATIONAL SCH DIS                                                    | EHOVE Joint Vocational School District                                                                                                                 | CUSIP: 282407DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $764046.24    | 0.17%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corporation                                                        | NTRS V4.6 PERP D                                                                                                                                       | CUSIP: 665859AQ7<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   2620000 | PA      | $2602105.14   | 0.59%             | N/A             | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                             | BAC V6.625 PERP                                                                                                                                        | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2664092.60   | 0.60%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                                                    | Florida Housing Finance Corp                                                                                                                           | CUSIP: 34074MF30<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    405000 | PA      | $405746.70    | 0.09%             | 2029-07-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL TRANSIT AUTH SALES                                                     | Chicago Transit Authority Sales Tax Receipts Fund                                                                                                      | CUSIP: 16772PBU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4075000 | PA      | $4086725.41   | 0.93%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                         | CO COSMED 5 11/15/2048                                                                                                                                 | CUSIP: 19648FGP3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1343779.60   | 0.30%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EHOVE OH JT VOCATIONAL SCH DIS                                                    | EHOVE Joint Vocational School District                                                                                                                 | CUSIP: 282407DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513714.60    | 0.12%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT HSG FIN AUTH HSG M                                                    | Connecticut Housing Finance Authority                                                                                                                  | CUSIP: 20775JDB2<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |     95000 | PA      | $94068.01     | 0.02%             | 2030-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| WARM SPRINGS RESERVATION (OR)                                                     | OR WARFAC 5 11/01/2039                                                                                                                                 | CUSIP: 934312AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $828008.48    | 0.19%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH HOLLY MET DIST CO                                                           | North Holly Metropolitan District                                                                                                                      | CUSIP: 659890AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $278830.23    | 0.06%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH PENN PA SCH DIST                                                            | PA NRPSCD 5 03/01/2050                                                                                                                                 | CUSIP: 661517XK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1286926.73   | 0.29%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN BY0141                                                                                                                                              | CUSIP: 3140NGEP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    960544 | PA      | $990296.19    | 0.22%             | 2053-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO SCH DIST                                                    | Denver City & County School District No 1                                                                                                              | CUSIP: 249174YP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $777127.26    | 0.18%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HWY AUTH                                                         | IL ILSTRN 5 01/01/2042                                                                                                                                 | CUSIP: 452252MT3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1011472.01   | 0.23%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEVADA ST HSG DIV SF MTGE REVE                                                    | Nevada Housing Division                                                                                                                                | CUSIP: 641279ZJ6<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |    500000 | PA      | $595215.15    | 0.14%             | 2049-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                              | GM V5.75 PERP A                                                                                                                                        | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1139532.04   | 0.26%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC MET AREA TRANSIT                                                    | Washington Metropolitan Area Transit Authority Dedicated Revenue                                                                                       | CUSIP: 93878YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511867.25    | 0.12%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH HLTH FACS REV                                                    | Iowa Finance Authority                                                                                                                                 | CUSIP: 462466EZ2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501275.85    | 0.11%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST BAY TRANSPRTN                                                    | Massachusetts Bay Transportation Authority Sales Tax Revenue                                                                                           | CUSIP: 575579D87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3573454.50   | 0.81%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PASCO CNTY FLA                                                                    | FL PASGEN 5.75 09/01/2054                                                                                                                              | CUSIP: 70252AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $604907.37    | 0.14%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                                                    | Empire State Development Corp                                                                                                                          | CUSIP: 650036CF1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    530000 | PA      | $555284.50    | 0.13%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Huntsman International LLC                                                        | HUN 2.95 06/15/31                                                                                                                                      | CUSIP: 44701QBF8<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $830191.00    | 0.19%             | 2031-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                    | Morgan Stanley DEPOSITARY SHARES OF MONGAN STANLEY, EACH REPRESENTING A 1/1000TH INTEREST IN A FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK,  | CUSIP: 61763E207<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     64395 | NS      | $1613094.75   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJ NEB                                                    | NE CENPWR 05/01/2054                                                                                                                                   | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058011.80   | 0.24%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                                                      | Michigan Finance Authority                                                                                                                             | CUSIP: 59447TMR1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014587.00   | 0.46%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                                                     | WA WAS 5 02/01/2045                                                                                                                                    | CUSIP: 93974EVN3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    620000 | PA      | $647725.97    | 0.15%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILSON PA SCH DIST                                                                | Wilson School District                                                                                                                                 | CUSIP: 972369SM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527670.80    | 0.12%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL                                                     | New York City Transitional Finance Authority Future Tax Secured Revenue                                                                                | CUSIP: 64971XX86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036735.80   | 0.24%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO CNTY W VA CNTY COMMN                                                         | WV OHIGEN 5.5 06/01/2054                                                                                                                               | CUSIP: 67732PFA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1244057.26   | 0.28%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MISSOURI JOINT MUNICIPAL ELECTRIC UTILITIES COMMISSION (MO)                       | MO MOSPWR 5 12/01/2040                                                                                                                                 | CUSIP: 606092LC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2506215.50   | 0.57%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                 | WFC V6.85 PERP                                                                                                                                         | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2436541.10   | 0.55%             | N/A             | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | G2 MB0206                                                                                                                                              | CUSIP: 3618N5GQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    886373 | PA      | $902761.20    | 0.20%             | 2055-02-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                                                    | Empire State Development Corp                                                                                                                          | CUSIP: 650036CE4<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1313139.00   | 0.30%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                                         | PA PASTRN 5.25 12/01/2044                                                                                                                              | CUSIP: 709221VE2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516474.60    | 0.12%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA                                                    | Chicago O'Hare International Airport                                                                                                                   | CUSIP: 167593WQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60635.51     | 0.01%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                                                    | Florida Housing Finance Corp                                                                                                                           | CUSIP: 34074ME72<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    445000 | PA      | $445157.98    | 0.10%             | 2027-07-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                                             | AL V4.65 PERP B                                                                                                                                        | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1347518.84   | 0.31%             | N/A             | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CHICHESTER PA SCH DIST                                                            | Chichester School District                                                                                                                             | CUSIP: 168276TQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2575082.38   | 0.58%             | 2035-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH PLAINFIELD N J                                                              | NJ SPL 4 08/07/2026                                                                                                                                    | CUSIP: 839431VM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1621500 | PA      | $1629811.97   | 0.37%             | 2026-08-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                                             | IL CHITRN 5 01/01/2052                                                                                                                                 | CUSIP: 167593WS7<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504384.75   | 0.57%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEL RIO TX                                                                        | City of Del Rio TX                                                                                                                                     | CUSIP: 245379M74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601464.72    | 0.14%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                    | C V7.625 PERP AA                                                                                                                                       | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1810611.25   | 0.41%             | N/A             | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| LAWTON OK INDL DEV AUTH SALES                                                     | Lawton Industrial Development Authority                                                                                                                | CUSIP: 521005AQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532808.75    | 0.12%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | G2 MA9781                                                                                                                                              | CUSIP: 36179Y2N3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2616106 | PA      | $2723075.03   | 0.62%             | 2054-07-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT OF NASHVILLE & DAVIDSON INDUSTRIAL DEVELOPMENT BOARD (TN) | TN METUTL 5 07/01/2046                                                                                                                                 | CUSIP: 592098T49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3243609.00   | 0.74%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA HOSP REVE                                                    | District of Columbia                                                                                                                                   | CUSIP: 254764KC6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000569.90   | 0.23%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCCAMEY TX INDEP SCH DIST                                                         | McCamey Independent School District                                                                                                                    | CUSIP: 579372DT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254114.88    | 0.06%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX WTR & WSTWTR SYS REV                                                    | City of Austin TX Water & Wastewater System Revenue                                                                                                    | CUSIP: 052476U97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1102009.53   | 0.25%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pimco Senior Loan Active Exchange-Traded Fund                                     | Pimco Senior Loan Active Exchange-Traded Fund                                                                                                          | CUSIP: 72201R627<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |     89086 | NS      | $4399013.23   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVONIA MI PUBLIC SCHS SCH DIS                                                    | Livonia Public Schools                                                                                                                                 | CUSIP: 539243XS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $314368.50    | 0.07%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YORK CNTY NEB SCH DIST NO 12                                                      | NE YORSCD 5 12/15/2050                                                                                                                                 | CUSIP: 986365HK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1641712.91   | 0.37%             | 2050-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                                    | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VX78<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023905.40   | 0.23%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RADNOR TWP PA SCH DIST                                                            | Radnor Township School District                                                                                                                        | CUSIP: 750599UK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $580728.20    | 0.13%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPOKANE PUBLIC FACILITIES DISTRICT (WA)                                           | WA SPOFAC 5 12/01/2041                                                                                                                                 | CUSIP: 849088DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105018.64   | 0.25%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERBORO PA SCH DIST                                                             | Interboro School District                                                                                                                              | CUSIP: 458436YL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106952.85    | 0.02%             | 2044-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP                                                    | Metropolitan Nashville Airport Authority/The                                                                                                           | CUSIP: 592190NN8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008421.20   | 0.23%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERIE PA SWR AUTH                                                                  | PA ERIUTL 5 12/01/2043                                                                                                                                 | CUSIP: 295533RX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1460824.96   | 0.33%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARLYNTON PA SCH DIST                                                             | Carlynton School District                                                                                                                              | CUSIP: 143110FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80752.52     | 0.02%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM JEFFERSON CIVIC CENTER AUTHORITY (AL)                                  | AL BIRFAC 5 07/01/2043                                                                                                                                 | CUSIP: 091156NG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1271134.63   | 0.29%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WI SEWERAGE REVENUE                                                     | City of Milwaukee WI Sewerage System Revenue                                                                                                           | CUSIP: 60242MDF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330203.45    | 0.07%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOUNT PLEASANT (WI), VILLAGE OF                                                   | WI MTPUTL 5 04/01/2048                                                                                                                                 | CUSIP: 622823AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $657139.86    | 0.15%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENE CNTY OH                                                                    | County of Greene OH                                                                                                                                    | CUSIP: 394641QK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1060109.03   | 0.24%             | 2031-12-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FILLMORE CNTY NE SCH DIST #25                                                     | Fillmore County School District No 25                                                                                                                  | CUSIP: 317162CJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $464871.16    | 0.11%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CONVENTION CENTER DEVELOPMENT CORP (NY)                                  | NY NYSDEV 5 11/15/2040                                                                                                                                 | CUSIP: 649451DM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501357.75   | 0.57%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERLIN NY CENTRL SCH DIST                                                         | Berlin Central School District/NY                                                                                                                      | CUSIP: 085113CN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10043.15     | 0.00%             | 2026-08-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST CMNTY COLLEGE DIST                                                   | OR ORGHGR 5 06/15/2042                                                                                                                                 | CUSIP: 68583NCK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216568.40    | 0.05%             | 2042-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF SOUTH CAROLINA SC HGRE                                                    | University of South Carolina                                                                                                                           | CUSIP: 913367FN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2084045.40   | 0.47%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER PAXTON TWP PA                                                               | Township of Lower Paxton PA                                                                                                                            | CUSIP: 548383TT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011204.60   | 0.23%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRECKENRIDGE CO COPS                                                              | Town of Breckenridge CO                                                                                                                                | CUSIP: 106443DA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $317150.16    | 0.07%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UAB MEDICINE FIN AUTH AL REVEN                                                    | UAB Medicine Finance Authority                                                                                                                         | CUSIP: 902562CE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507715.55    | 0.12%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA SAN AUTH                                                        | Allegheny County Sanitary Authority                                                                                                                    | CUSIP: 017357E67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $858948.13    | 0.19%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                 | DC DIS 5 06/01/2042                                                                                                                                    | CUSIP: 25476FVK1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    900000 | PA      | $912076.02    | 0.21%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T                                                    | Lower Colorado River Authority                                                                                                                         | CUSIP: 54811BWV9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103841.44    | 0.02%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT ARTHUR TX INDEP SCH DIST                                                     | Port Arthur Independent School District                                                                                                                | CUSIP: 733505SF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002099.20   | 0.45%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE                                                      | Delaware State Housing Authority                                                                                                                       | CUSIP: 246395YL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100284.76    | 0.02%             | 2027-01-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COLORADO ST SCH OF MINES INSTN                                                    | Colorado School of Mines                                                                                                                               | CUSIP: 19658QDG9<br>LEI: 549300TQMFMDZTM5HY46 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3555140.75   | 0.81%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABINGTON PA SCH DIST                                                              | Abington School District                                                                                                                               | CUSIP: 003554Y97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $160631.22    | 0.04%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                                      | NY NYC 5 08/01/2047                                                                                                                                    | CUSIP: 64966QXW5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2923122.54   | 0.66%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHITEHALL OH CITY SCH DIST                                                        | Whitehall City School District                                                                                                                         | CUSIP: 965152KZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $665119.17    | 0.15%             | 2030-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG                                                      | County of Miami-Dade FL                                                                                                                                | CUSIP: 59333N2X0<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    590000 | PA      | $617799.56    | 0.14%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA                                                                      | City of Allentown PA                                                                                                                                   | CUSIP: 018340PU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5000.76      | 0.00%             | 2027-10-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE COUNTY EDUCATIONAL FACILITIES AUTHORITY (FL)                           | FL MIAEDU 5 04/01/2053                                                                                                                                 | CUSIP: 59333AMZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $915172.11    | 0.21%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                            | BPLN V6.45 PERP                                                                                                                                        | CUSIP: 05565QDW5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1039722.00   | 0.24%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OHIO PORT AUTH                                            | OH CLETRN 5 11/15/2054                                                                                                                                 | CUSIP: 186103MA2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    820000 | PA      | $818189.11    | 0.19%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HGR EDUCTNL FAC COMMIS                                                    | Ohio Higher Educational Facility Commission                                                                                                            | CUSIP: 67756DR65<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    735000 | PA      | $784773.47    | 0.18%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARDEN STATE PRESERVATION TRUST (NJ)                                              | NJ GRD 5.75 11/01/2028                                                                                                                                 | CUSIP: 365418BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $430132.31    | 0.10%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                                    | AL BBEUTL 03/01/2055                                                                                                                                   | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2277595.62   | 0.52%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODBURN OR RURAL FIRE PROT DI                                                    | Woodburn Rural Fire Protection District                                                                                                                | CUSIP: 979022CQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1423700.02   | 0.32%             | 2044-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FOUNTAINHEAD TX MUNI UTILITY D                                                    | Fountainhead Municipal Utility District                                                                                                                | CUSIP: 350832KG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $174092.66    | 0.04%             | 2026-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                                                    | Florida Housing Finance Corp                                                                                                                           | CUSIP: 34074ME80<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199888.88    | 0.05%             | 2028-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR SD7130                                                                                                                                              | CUSIP: 3132DU4P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1188817 | PA      | $1259334.14   | 0.29%             | 2054-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SUSQUEHANNA TWP PA SCH DIST                                                       | Susquehanna Township School District                                                                                                                   | CUSIP: 869182NC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $742485.24    | 0.17%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL WTR & SWR R                                                    | County of Miami-Dade FL Water & Sewer System Revenue                                                                                                   | CUSIP: 59334DLU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $988331.41    | 0.22%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUSTON WI JT SCH DIST #1                                                         | Mauston School District                                                                                                                                | CUSIP: 577662FQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $399538.48    | 0.09%             | 2035-03-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                 | BK V6.3 PERP                                                                                                                                           | CUSIP: 064058AN0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1528237.50   | 0.35%             | N/A             | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE                                                      | Delaware State Housing Authority                                                                                                                       | CUSIP: 246395YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $306407.45    | 0.07%             | 2027-07-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| TRAILS AT CROWFOOT MET DIST NO 3 COLO                                             | CO TRCFAC 5 12/01/2039                                                                                                                                 | CUSIP: 89286RAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $555954.10    | 0.13%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                                                 | MI MISFIN 5 12/01/2041                                                                                                                                 | CUSIP: 59447TXG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103448.82    | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE                                                      | Delaware State Housing Authority                                                                                                                       | CUSIP: 246395YP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180887.69    | 0.04%             | 2028-07-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                | STT V6.45 PERP                                                                                                                                         | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2133079.20   | 0.48%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)                        | PA PASDEV 5 12/31/2057                                                                                                                                 | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499863.30    | 0.11%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BELLEVUE WA                                                                       | City of Bellevue WA                                                                                                                                    | CUSIP: 0793652Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501560.00   | 0.57%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                                                      | OH OHSEDU 5 05/01/2031                                                                                                                                 | CUSIP: 67756DVY9<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    515000 | PA      | $539518.17    | 0.12%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUDSON YDS INFRASTRUCTURE CORP N Y                                                | NY HUYGEN 5 02/15/2042                                                                                                                                 | CUSIP: 44420RBE9<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   4840000 | PA      | $4894513.89   | 1.11%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                                                    | Wisconsin Health & Educational Facilities Authority                                                                                                    | CUSIP: 97712JLU5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    735000 | PA      | $734913.27    | 0.17%             | 2029-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WHITEHALL OH CITY SCH DIST                                                        | Whitehall City School District                                                                                                                         | CUSIP: 965152NT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $590105.73    | 0.13%             | 2030-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DENTON TX UTILITY SYS REVENUE                                                     | City of Denton TX Utility System Revenue                                                                                                               | CUSIP: 249015C89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101284.67    | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERDALE RANCH MET DIST CO                                                       | Riverdale Ranch Metropolitan District                                                                                                                  | CUSIP: 768701AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266478.55    | 0.06%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHAMBERS CNTY TX IMPT DIST #2                                                     | Chambers County Improvement District No 2                                                                                                              | CUSIP: 157793EL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $444096.95    | 0.10%             | 2031-12-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| SUNMAN DEARBORN IN HIGH SCH BL                                                    | Sunman-Dearborn High School Building Corp                                                                                                              | CUSIP: 867420DH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $628315.86    | 0.14%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                           | GA MAIUTL 12/01/2055                                                                                                                                   | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3572087.94   | 0.81%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCED CA CITY SCH DIST                                                           | Merced City School District                                                                                                                            | CUSIP: 587601RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1897827.10   | 0.43%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                               | WI PUBMED 5 06/01/2038                                                                                                                                 | CUSIP: 74442CCY8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36324.05     | 0.01%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L                                                    | Central Florida Expressway Authority                                                                                                                   | CUSIP: 153476EJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $583282.82    | 0.13%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO                                                    | New York State Dormitory Authority                                                                                                                     | CUSIP: 64990FX58<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2218838.03   | 0.50%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOLLIDAYSBURG PA AREA SCH DIST                                                    | Hollidaysburg Area School District                                                                                                                     | CUSIP: 435475TZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207672.42    | 0.05%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                    | C V6.625 PERP                                                                                                                                          | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2998043.10   | 0.68%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PORT ARTHUR TX INDEP SCH DIST                                                     | Port Arthur Independent School District                                                                                                                | CUSIP: 733505NS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25002.78     | 0.01%             | 2027-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES                                                    | New York State Dormitory Authority                                                                                                                     | CUSIP: 64985SMR1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020575.80   | 0.69%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY NY                                                                    | County of Orange NY                                                                                                                                    | CUSIP: 6845755L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14965.67     | 0.00%             | 2026-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CNTY NE SCH DIST #25                                                     | Fillmore County School District No 25                                                                                                                  | CUSIP: 317162CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $688806.69    | 0.16%             | 2042-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TACOMA WA ELEC SYS REVENUE                                                        | City of Tacoma WA Electric System Revenue                                                                                                              | CUSIP: 873519MZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $965865.50    | 0.22%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                                             | IL CHIWTR 5 11/01/2033                                                                                                                                 | CUSIP: 167736P50<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    350000 | PA      | $359909.27    | 0.08%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CNTY NE SCH DIST #25                                                     | Fillmore County School District No 25                                                                                                                  | CUSIP: 317162CF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $441547.05    | 0.10%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                       | State of Illinois                                                                                                                                      | CUSIP: 452152D99<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    830000 | PA      | $830183.85    | 0.19%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX                                                                   | TX HARTRN 5 08/15/2043                                                                                                                                 | CUSIP: 41423PAW7<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2547499.50   | 0.58%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                                                   | PA PHI 5 08/01/2037                                                                                                                                    | CUSIP: 717813TJ8<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038434.00   | 0.46%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER COUNTY HOSPITAL AUTHORITY (PA)                                          | PA LANMED 5 11/01/2041                                                                                                                                 | CUSIP: 514045W41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $770966.03    | 0.17%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KKR & Co Inc.                                                                     | KKR & Co Inc. 6.875% NOTES ISSUED DUE ON JUNE 1, 2065                                                                                                  | CUSIP: 48251W609<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |    150000 | NS      | $3489000.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH CAROLINA PUB SVC AUTH                                                       | SC SCSUTL 5 12/01/2034                                                                                                                                 | CUSIP: 83715BDB0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    675000 | PA      | $676940.29    | 0.15%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF KANSAS KS HOSP AUTH HL                                                    | University of Kansas Hospital Authority                                                                                                                | CUSIP: 914367DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501548.35    | 0.11%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH P                                                    | South Carolina Ports Authority                                                                                                                         | CUSIP: 837123JL3<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257468.63   | 0.29%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAREGNONDI WATER AUTHORITY (MI)                                                   | MI KARWTR 5 11/01/2041                                                                                                                                 | CUSIP: 48563UBZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $635232.06    | 0.14%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC MET AREA TRANSIT                                                    | Washington Metropolitan Area Transit Authority                                                                                                         | CUSIP: 938782FT1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2080890.43   | 0.47%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSSINING TOWN NY                                                                  | Town of Ossining NY                                                                                                                                    | CUSIP: 688562FD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1749344 | PA      | $1754156.62   | 0.40%             | 2026-07-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRADBURN CO MET DIST #3                                                           | Bradburn Metropolitan District No 3                                                                                                                    | CUSIP: 103847AN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $704793.95    | 0.16%             | 2036-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                                             | IL CHITRN 5 01/01/2047                                                                                                                                 | CUSIP: 167593WR9<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100440.36    | 0.02%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF KANSAS KS HOSP AUTH HL                                                    | University of Kansas Hospital Authority                                                                                                                | CUSIP: 914367DJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500769.75   | 0.57%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA CNTY OR SCH DIST #502                                                    | Columbia County School District No 502                                                                                                                 | CUSIP: 197558GJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032939.20   | 0.23%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERBORO PA SCH DIST                                                             | Interboro School District                                                                                                                              | CUSIP: 458436YK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $274064.64    | 0.06%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                                                              | M&T Bank Corporation DEPOSITARY SHARES EACH REPRESENTING A 1/400TH INTEREST IN A SHARE OF PERPETUAL 6.350% NON-CUMULATIVE PREFERRED STOCK, SERIES K    | CUSIP: 55261F849<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    122000 | NS      | $3059760.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUGLAS CNTY KS UNIF SCH DIST#                                                    | Douglas County Unified School District No 348 Baldwin City                                                                                             | CUSIP: 259133JE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $390839.99    | 0.09%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC                                                    | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd                                                                       | CUSIP: 592041WF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $491744.06    | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TENN HEALTH EDL & HSG FACS BRD                                        | TN SHEMED 09/01/2044                                                                                                                                   | CUSIP: 821691AD4<br>LEI: 549300LPQUF68X7JIG14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531426.25    | 0.12%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EDINA MN INDEP SCH DIST #273                                                      | Edina Independent School District No 273                                                                                                               | CUSIP: 280659VJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $140919.33    | 0.03%             | 2030-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS CNTY MO ROCKWOOD S                                                    | St Louis County Reorganized School District No R-6                                                                                                     | CUSIP: 791434YJ6<br>LEI: 5493001F82TRNN592T40 | Long             | DBT              | MUN               | US        |    505000 | PA      | $454098.98    | 0.10%             | 2032-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                                                  | Commonwealth of Massachusetts                                                                                                                          | CUSIP: 57582RWZ5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1404561.26   | 0.32%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD PROJ REVENUE                                                         | City of Baltimore MD                                                                                                                                   | CUSIP: 05922KZS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4007399.20   | 0.91%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                         | CO COSMED 5 05/15/2044                                                                                                                                 | CUSIP: 19648FYG3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1459712.81   | 0.33%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                      | T 1.125 10/31/26                                                                                                                                       | CUSIP: 91282CDG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8905000 | PA      | $8769697.96   | 1.99%             | 2026-10-31      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV                                        | TX TMGUTL 01/01/2054                                                                                                                                   | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1911744.80   | 0.43%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT HSG FIN AUTH HSG M                                                    | Connecticut Housing Finance Authority                                                                                                                  | CUSIP: 20775JDA4<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |     45000 | PA      | $44933.09     | 0.01%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT HSG FIN AUTH HSG M                                                    | Connecticut Housing Finance Authority                                                                                                                  | CUSIP: 20775JDC0<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |     95000 | PA      | $94687.69     | 0.02%             | 2031-05-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR & LT UTIL                                                    | Lansing Board of Water & Light                                                                                                                         | CUSIP: 516391DC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512743.45    | 0.12%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED                                                    | Clifton Higher Education Finance Corp                                                                                                                  | CUSIP: 187145PV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1451766.69   | 0.33%             | 2033-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management Funds                                          | Dreyfus Government Cash Management Funds SH BEN INT                                                                                                    | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   9359025 | NS      | $9359025.12   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ESTRN LEBANON CNTY PA SCH DIST                                                    | Eastern Lebanon County School District                                                                                                                 | CUSIP: 276612XY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $493045.68    | 0.11%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y                                                      | NY MTATRN 5 11/15/2032                                                                                                                                 | CUSIP: 59261AHD2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    165000 | PA      | $166690.56    | 0.04%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY NY                                                                | County of Montgomery NY                                                                                                                                | CUSIP: 613443YJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2198166.51   | 0.50%             | 2026-07-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SPDR Series Trust                                                                 | SPDR Series Trust STATE STREET SPDR PORTFOLIO HIGH YIELD BOND ETF                                                                                      | CUSIP: 78468R606<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    215000 | NS      | $5013800.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Chemical Co. (The)                                                            | DOW 9.4 05/15/39                                                                                                                                       | CUSIP: 260543BY8<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $634063.09    | 0.14%             | 2039-05-15      | Fixed         | 9.40%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER                                                     | Colorado International Center Metropolitan District No 3                                                                                               | CUSIP: 196501AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $370890.10    | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                                  | CA LOSUTL 5 07/01/2044                                                                                                                                 | CUSIP: 544525WJ3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1499935.92   | 0.34%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYOMING ST CMNTY DEV AUTH HSG                                                     | Wyoming Community Development Authority                                                                                                                | CUSIP: 98322QC47<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1298733.93   | 0.29%             | 2028-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA                                                                    | LA NEW 5 12/01/2048                                                                                                                                    | CUSIP: 64763FH85<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |    820000 | PA      | $821495.84    | 0.19%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY KS UNIF SCH DIST#                                                    | Douglas County Unified School District No 348 Baldwin City                                                                                             | CUSIP: 259133JF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $820960.32    | 0.19%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO                                                    | Southeast Energy Authority A Cooperative District                                                                                                      | CUSIP: 84136FAT4<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    525000 | PA      | $527109.50    | 0.12%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                                       | TX HOUFAC 5 09/01/2043                                                                                                                                 | CUSIP: 44237NMN9<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2965535.38   | 0.67%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEXAR CNTY TX                                                                     | County of Bexar TX                                                                                                                                     | CUSIP: 088281G46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025510.00   | 0.46%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HSG & ECON DEV AU                                                    | Wisconsin Housing & Economic Development Authority Housing Revenue                                                                                     | CUSIP: 9769042R2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265335.17    | 0.06%             | 2026-11-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| OTOE CNTY NE SCH DIST #501                                                        | Otoe County School District No 501/NE                                                                                                                  | CUSIP: 68905WGX4<br>LEI: 549300R8E2J7ZYWLX040 | Long             | DBT              | MUN               | US        |    700000 | PA      | $720713.42    | 0.16%             | 2042-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARLYNTON PA SCH DIST                                                             | Carlynton School District                                                                                                                              | CUSIP: 143110FN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43325.99     | 0.01%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA ST FAC FIN AUTH HLTH C                                                    | Montana Facility Finance Authority                                                                                                                     | CUSIP: 612043KY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2741814.80   | 0.62%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COOP DIST ALA                                               | AL SEEPWR 5 11/01/2032                                                                                                                                 | CUSIP: 84136HDF7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1129934.34   | 0.26%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & STATE PAUL MINN MET ARPT                                            | MN MINAPT 5 01/01/2044                                                                                                                                 | CUSIP: 603827C53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543376.10   | 0.35%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC                                                    | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd                                                                       | CUSIP: 592041WG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $912135.59    | 0.21%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH DAKOTA ST HSG FIN AGY                                                       | North Dakota Housing Finance Agency                                                                                                                    | CUSIP: 6589096K7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    730000 | PA      | $722559.55    | 0.16%             | 2035-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NEBRASKA PUB PWR DIST                                                             | NE NESPWR 5 01/01/2046                                                                                                                                 | CUSIP: 63968AS89<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2470639.73   | 0.56%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MED CENTER MS EDUCTNL BLDG COR                                                    | Medical Center Educational Building Corp                                                                                                               | CUSIP: 584556FJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003418.50   | 0.23%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAMPA BAY FL WTR REGL WTR SPLY                                                    | Tampa Bay Water                                                                                                                                        | CUSIP: 875124HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3152553.60   | 0.72%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST HOME CORP SF MT                                                    | Mississippi Home Corp                                                                                                                                  | CUSIP: 60535QQ94<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |    350000 | PA      | $355294.66    | 0.08%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL                                                     | Black Belt Energy Gas District                                                                                                                         | CUSIP: 09182TED5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009921.70   | 0.23%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA BOND BANK REVENUE                                                         | Indiana Bond Bank                                                                                                                                      | CUSIP: 45462TML3<br>LEI: 549300TZMGETS4ELEI93 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1763514.20   | 0.40%             | 2044-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABINGTON PA SCH DIST                                                              | Abington School District                                                                                                                               | CUSIP: 003554Z21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $240037.79    | 0.05%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST BRD REGENTS HOSP REVEN                                                    | State of Iowa Board of Regents                                                                                                                         | CUSIP: 46256QKJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $917762.60    | 0.21%             | 2031-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)                        | PA PASDEV 6 06/30/2061                                                                                                                                 | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522146.30    | 0.12%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I                                                    | Indianapolis Local Public Improvement Bond Bank                                                                                                        | CUSIP: 45528UZH7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020294.60   | 0.23%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN HLTH CARE SYS R                                                    | City of Minneapolis MN                                                                                                                                 | CUSIP: 60374VDK6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100083.11    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH ALA                                                         | AL SEEPWR 11/01/2051                                                                                                                                   | CUSIP: 84136FAH0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1694727.41   | 0.38%             | 2051-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TOLEDO OH WTRWKS REVENUE                                                          | City of Toledo OH Water System Revenue                                                                                                                 | CUSIP: 889396SC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4768738.28   | 1.08%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G                                                    | Central Plains Energy Project                                                                                                                          | CUSIP: 154871CU9<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2193906.96   | 0.50%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTMORELAND CNTY PA MUNI AUTH                                                    | Westmoreland County Municipal Authority                                                                                                                | CUSIP: 961017SF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1198371.14   | 0.27%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                                                  | Commonwealth of Massachusetts                                                                                                                          | CUSIP: 57582RD60<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    800000 | PA      | $820550.48    | 0.19%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JASPER CNTY MO SCH DIST #R-IXC                                                    | Jasper County Reorganized School District No R-IX Carthage                                                                                             | CUSIP: 471494CE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40362.65     | 0.01%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                                                                    | County of Harris TX                                                                                                                                    | CUSIP: 414005WT1<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006700.20   | 0.68%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                       | IL CHI 6.23 01/01/2032                                                                                                                                 | CUSIP: 1674862E8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    575000 | PA      | $577656.04    | 0.13%             | 2032-01-01      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| WATERSTONE MET DIST #1 CO                                                         | Waterstone Metropolitan District No 1                                                                                                                  | CUSIP: 94189PAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262253.18    | 0.06%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REVENUE                                                     | Michigan State Building Authority                                                                                                                      | CUSIP: 594615FW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003929.70   | 0.23%             | 2046-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                      | T 1.5 08/15/26                                                                                                                                         | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $991559.81    | 0.22%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WYOMING ST CMNTY DEV AUTH HSG                                                     | Wyoming Community Development Authority                                                                                                                | CUSIP: 98322QW45<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2775590.00   | 0.63%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE                                                      | Delaware State Housing Authority                                                                                                                       | CUSIP: 246395YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80462.85     | 0.02%             | 2028-01-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV                                                    | City & County of Denver CO Airport System Revenue                                                                                                      | CUSIP: 249182RS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $776991.23    | 0.18%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                 | The Bank of New York Mellon Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/4,000TH INTEREST IN A SHARE OF SERIES K NONCUMULATIVE PERPETUAL PREFERRED ST | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |     13250 | NS      | $331250.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PEFA INC IOWA                                                                     | IA PEFUTL 09/01/2049                                                                                                                                   | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1304825.04   | 0.30%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA WTR & SWR AUTH                                                  | DC DISUTL 5 10/01/2044                                                                                                                                 | CUSIP: 254845QE3<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    685000 | PA      | $705969.49    | 0.16%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERBORO PA SCH DIST                                                             | Interboro School District                                                                                                                              | CUSIP: 458436YJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $248800.13    | 0.06%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                    | NY NYCMFH 11/01/2062                                                                                                                                   | CUSIP: 64972E3D9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150057.18    | 0.03%             | 2062-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                                                    | Florida Housing Finance Corp                                                                                                                           | CUSIP: 34074ME98<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    235000 | PA      | $234741.59    | 0.05%             | 2028-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER                                                     | Colorado International Center Metropolitan District No 3                                                                                               | CUSIP: 196501AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $185227.16    | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                                             | IL CHITRN 5 01/01/2048                                                                                                                                 | CUSIP: 167593M58<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    985000 | PA      | $992973.97    | 0.23%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANGER TX                                                                         | City of Sanger TX                                                                                                                                      | CUSIP: 800876GJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000148.70   | 0.23%             | 2037-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LIVONIA MI PUBLIC SCHS SCH DIS                                                    | Livonia Public Schools                                                                                                                                 | CUSIP: 539243YK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $962903.25    | 0.22%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST GAMING TAX REVE                                                    | State of Mississippi Gaming Tax Revenue                                                                                                                | CUSIP: 605638AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $916270.57    | 0.21%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TX LEVEE IMPT D                                                    | Fort Bend County Levee Improvement District No 19                                                                                                      | CUSIP: 34679WEQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $512209.38    | 0.12%             | 2034-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NV CONVENTION & VISI                                                    | Las Vegas Convention & Visitors Authority                                                                                                              | CUSIP: 51771FBH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4435000 | PA      | $4588849.26   | 1.04%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                                                       | City of New York NY                                                                                                                                    | CUSIP: 64966QZ78<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1585264.09   | 0.36%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST MUNI PWR AGY                                                           | Indiana Municipal Power Agency                                                                                                                         | CUSIP: 454898UQ8<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501663.10    | 0.11%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST TRANSIT AUTH SALES TAX                                                    | Utah Transit Authority                                                                                                                                 | CUSIP: 917567CG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4057454.43   | 0.92%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RES BRD                                                           | OK OKSWTR 5 10/01/2040                                                                                                                                 | CUSIP: 67920Q7R3<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |    285000 | PA      | $307590.84    | 0.07%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                | State Street Corp. DEPOSITARY SHARES, EACH REPRESENTING A 1/4,000TH OWNERSHIP INTEREST IN A SHARE OF FIXED-TO-FLOATING RATE NON-CUMULATIVE PERPETUAL P | CUSIP: 857477855<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |     25000 | NS      | $540500.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SHALLOWATER TX                                                                    | City of Shallowater TX                                                                                                                                 | CUSIP: 819292FU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $157790.88    | 0.04%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| S W HOUSTON TX REDEV AUTH TAX                                                     | Southwest Houston Redevelopment Authority                                                                                                              | CUSIP: 845045BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $208864.91    | 0.05%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                 | BK V7.166 PERP H                                                                                                                                       | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1421205.27   | 0.32%             | N/A             | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT WTR & PWR                                                     | Los Angeles Department of Water & Power                                                                                                                | CUSIP: 544495Z72<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004110.00   | 0.23%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOLSOM CORDOVA CA UNIF SCH DIS                                                    | Folsom Cordova Unified School District School Facilities Improvement Dist No 5                                                                         | CUSIP: 34440VCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $248948.26    | 0.06%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI                                                           | City & County of Honolulu HI                                                                                                                           | CUSIP: 438687AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1952944.60   | 0.44%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                                                    | Wisconsin Health & Educational Facilities Authority                                                                                                    | CUSIP: 97712DTF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2023594.38   | 0.46%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                                               | NY PORTRN 5 09/01/2048                                                                                                                                 | CUSIP: 73358WX82<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022471.60   | 0.23%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD                                                                      | MD BALGEN 5 07/01/2046                                                                                                                                 | CUSIP: 05922KYU7<br>LEI: 5493006QYFB72E0IOO54 | Long             | DBT              | MUN               | US        |    875000 | PA      | $878412.85    | 0.20%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUDUBON MUNI UTIL DIST NO 1 TX                                                    | Audubon Municipal Utility District No 1                                                                                                                | CUSIP: 050888BV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $518959.61    | 0.12%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH                                                    | Massachusetts School Building Authority                                                                                                                | CUSIP: 576000VB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1479725.96   | 0.34%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                                                       | City of New York NY                                                                                                                                    | CUSIP: 64966MHP7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101026.44    | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA TRANSIENT OCCUPA                                                    | City of Sacramento CA Transient Occupancy Tax Revenue                                                                                                  | CUSIP: 786073BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1138431.17   | 0.26%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY VT & ST AGRIC COLLEGE                                                  | VT UVTHGR 5 10/01/2043                                                                                                                                 | CUSIP: 915200YQ6<br>LEI: 549300F7O20C4V527520 | Long             | DBT              | MUN               | US        |    470000 | PA      | $477456.13    | 0.11%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHAMBERS CNTY TX JUSTICE CENTE                                                    | Chambers County Justice Center Public Facilities Corp                                                                                                  | CUSIP: 157795AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2261066.41   | 0.51%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y                                                      | NY MTATRN 5 11/15/2050                                                                                                                                 | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510058.70   | 0.34%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                 | BK V5.95 PERP                                                                                                                                          | CUSIP: 064058AR1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001064.00   | 0.23%             | N/A             | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO MUNI FIN CORP                                                      | St Louis Municipal Finance Corp                                                                                                                        | CUSIP: 79165TTZ4<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |    555000 | PA      | $530429.37    | 0.12%             | 2037-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST HOME CORP SF MT                                                    | Mississippi Home Corp                                                                                                                                  | CUSIP: 60535QQ86<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |    815000 | PA      | $834314.36    | 0.19%             | 2031-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION&                                                    | Texas Municipal Gas Acquisition & Supply Corp III                                                                                                      | CUSIP: 88256HBE7<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4985798.55   | 1.13%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTH CALIF                                                           | CA MSRPWR 7 11/01/2034                                                                                                                                 | CUSIP: 55374SAB6<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1657260.64   | 0.38%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WESTMORELAND CNTY PA MUN AUTH                                                     | PA WESGEN 5 08/15/2049                                                                                                                                 | CUSIP: 961017SH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $360434.45    | 0.08%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                       | State of Illinois                                                                                                                                      | CUSIP: 452152B34<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1074779.41   | 0.24%             | 2034-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WILDWOOD UTILITY DEPENDENT DIS                                                    | Wildwood Utility Dependent District                                                                                                                    | CUSIP: 968214AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $838948.79    | 0.19%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARLYNTON PA SCH DIST                                                             | Carlynton School District                                                                                                                              | CUSIP: 143110FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212095.86    | 0.05%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAREGNONDI WTR AUTH MI                                                            | Karegnondi Water Authority                                                                                                                             | CUSIP: 48563UCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $716957.01    | 0.16%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST ENVRNMNTL IMPT & E                                                    | Missouri State Environmental Improvement & Energy Resources Authority                                                                                  | CUSIP: 606907BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $911711.20    | 0.21%             | 2033-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COOP DIST ALA                                               | AL SEEPWR 5 11/01/2035                                                                                                                                 | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3449963.14   | 0.78%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                                                | NY NYCUTL 5 06/15/2047                                                                                                                                 | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1094049.18   | 0.25%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONARCH-CHESTERFIELD MO LEVEE                                                     | Monarch-Chesterfield Levee District                                                                                                                    | CUSIP: 609040FK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100480.70   | 0.25%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WSTRN IL UNIV                                                                     | Western Illinois University                                                                                                                            | CUSIP: 958366L53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $884266.25    | 0.20%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER COUNTY HOSPITAL AUTHORITY (PA)                                          | PA LANMED 5 08/15/2042                                                                                                                                 | CUSIP: 514045M26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2056572.30   | 0.47%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST SCH OF MINES INSTN                                                    | Colorado School of Mines                                                                                                                               | CUSIP: 19658QCL9<br>LEI: 549300TQMFMDZTM5HY46 | Long             | DBT              | MUN               | US        |    505000 | PA      | $512956.02    | 0.12%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG                                                      | County of Miami-Dade FL                                                                                                                                | CUSIP: 59333NZM8<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   4425000 | PA      | $3441564.55   | 0.78%             | 2032-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX MUNI UTILITY DI                                                    | Harris County Municipal Utility District No 287                                                                                                        | CUSIP: 41422LKT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $89184.70     | 0.02%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SHALLOWATER TX                                                                    | City of Shallowater TX                                                                                                                                 | CUSIP: 819292FW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $294987.96    | 0.07%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEARWATER FL WTR & SWR REVENU                                                    | City of Clearwater FL Water & Sewer Revenue                                                                                                            | CUSIP: 185328KM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1028175.11   | 0.23%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDINA VLY TX INDEP SCH DIST                                                      | Medina Valley Independent School District                                                                                                              | CUSIP: 584887TW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $824675.36    | 0.19%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER                                                     | Colorado International Center Metropolitan District No 3                                                                                               | CUSIP: 196501AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $242034.21    | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER                                                     | Colorado International Center Metropolitan District No 3                                                                                               | CUSIP: 196501AX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108460.08    | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARLYNTON PA SCH DIST                                                             | Carlynton School District                                                                                                                              | CUSIP: 143110FM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54544.37     | 0.01%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Pacific Properties LP                                                      | HPP 4.65 04/01/29                                                                                                                                      | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    500000 | PA      | $426828.84    | 0.10%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS CONVENTION AND VISITORS AUTHORITY (NV)                                  | NV LASGEN 5 07/01/2043                                                                                                                                 | CUSIP: 51771FAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $245301.00    | 0.06%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                                 | CA CCEDEV 01/01/2056                                                                                                                                   | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027434.60   | 0.46%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST COPS                                                                  | State of Colorado                                                                                                                                      | CUSIP: 196711UZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $855748.28    | 0.19%             | 2041-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH                                                     | Illinois State Toll Highway Authority                                                                                                                  | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499888.25   | 0.34%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                                 | CA CCEDEV 02/01/2052                                                                                                                                   | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997141.00   | 0.45%             | 2052-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PA)                                        | PA CUMGEN 4 11/01/2037                                                                                                                                 | CUSIP: 230614NZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $823745.20    | 0.19%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTERMOUNTAIN POWER AGENCY (UT)                                                   | UT INTPWR 5 07/01/2038                                                                                                                                 | CUSIP: 45884AF40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $355054.49    | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY                            | TX TXSUTL 5 12/15/2032                                                                                                                                 | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    550000 | PA      | $588904.91    | 0.13%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUB SVC AUTH                                                       | SC SCSUTL 5 12/01/2034                                                                                                                                 | CUSIP: 83715BCN5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    325000 | PA      | $326329.12    | 0.07%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SULPHUR SPRINGS TEX INDPT SCH DIST                                                | TX SSPSCD 5 02/15/2042                                                                                                                                 | CUSIP: 865542QW7<br>LEI: 549300J6W88JCWPP5293 | Long             | DBT              | MUN               | US        |    560000 | PA      | $594513.81    | 0.13%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH                                                                      | MI DET 5 04/01/2050                                                                                                                                    | CUSIP: 2510935F3<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1031087.08   | 0.23%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL                                                     | Philadelphia Authority for Industrial Development                                                                                                      | CUSIP: 71783DAY1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101772.88    | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REVENUE                                                     | Michigan State Building Authority                                                                                                                      | CUSIP: 594615KM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518693.75    | 0.12%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND RAPIDS MI PUBLIC SCHS                                                       | Grand Rapids Public Schools                                                                                                                            | CUSIP: 386280RU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030130.40   | 0.23%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH                                                     | Illinois State Toll Highway Authority                                                                                                                  | CUSIP: 452252LX5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601777.98    | 0.14%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                                                    | Colorado Health Facilities Authority                                                                                                                   | CUSIP: 19648FAC8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1256674.30   | 0.29%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ESCAMBIA CNTY FL HSG FIN AUTH                                                     | Escambia County Housing Finance Authority                                                                                                              | CUSIP: 296121FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502086.05   | 0.34%             | 2027-06-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA                                                    | New Hampshire Health and Education Facilities Authority Act                                                                                            | CUSIP: 6446142Z1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    750000 | PA      | $750249.45    | 0.17%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                                           | NY NYCGEN 5.25 05/01/2048                                                                                                                              | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4085000 | PA      | $4276194.75   | 0.97%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST TRANSPRTN IN                                                    | South Carolina Transportation Infrastructure Bank                                                                                                      | CUSIP: 837152UA3<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |    355000 | PA      | $353070.61    | 0.08%             | 2026-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF AKRON OH                                                                  | University of Akron/The                                                                                                                                | CUSIP: 914023LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $902450.25    | 0.20%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                                         | PA PASTRN 5 12/01/2041                                                                                                                                 | CUSIP: 709224QF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502002.45    | 0.11%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                                                     | State of Washington                                                                                                                                    | CUSIP: 93974EVM5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    505000 | PA      | $530118.40    | 0.12%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUFMAN CNTY TX MUNI UTILITY D                                                    | Kaufman County Municipal Utility District No 14                                                                                                        | CUSIP: 48619KGJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $39411.42     | 0.01%             | 2027-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                                                     | State of Washington                                                                                                                                    | CUSIP: 93974ERY4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    340000 | PA      | $358094.22    | 0.08%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOON PA AREA SCH DIST                                                             | Moon Area School District                                                                                                                              | CUSIP: 615401RZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257839.20    | 0.06%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOSSIL RIDGE CO MET DIST #3                                                       | Fossil Ridge Metropolitan District No 3                                                                                                                | CUSIP: 34988CCM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $312720.78    | 0.07%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKELAND FL ENERGY SYS REVENUE                                                    | City of Lakeland FL Department of Electric Utilities                                                                                                   | CUSIP: 51166FDZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $245759.33    | 0.06%             | 2028-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JORDAN VLY UT WTR CONSERVANCY                                                     | Jordan Valley Water Conservancy District                                                                                                               | CUSIP: 480780KW4<br>LEI: 549300FO664B0R46Z431 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012646.50   | 0.23%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA (PA), CITY OF                                                        | PA PHIUTL 5.25 08/01/2054                                                                                                                              | CUSIP: 71783MDF9<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1732000.10   | 0.39%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UPPER SAINT CLAIR TWP PA SCH D                                                    | Upper St Clair Township School District                                                                                                                | CUSIP: 916507TQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017302.10   | 0.23%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE                                                         | North Texas Tollway Authority                                                                                                                          | CUSIP: 66285WUY0<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512362.65    | 0.12%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AURORA OR                                                                         | City of Aurora OR                                                                                                                                      | CUSIP: 052042CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530171.10    | 0.12%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH REVEN                                                    | Illinois Housing Development Authority                                                                                                                 | CUSIP: 45203MKA8<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    400000 | PA      | $403463.64    | 0.09%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CNTY NE SCH DIST #25                                                     | Fillmore County School District No 25                                                                                                                  | CUSIP: 317162CG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $663257.63    | 0.15%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUTNAM CNTY FL DEV AUTH                                                           | Putnam County Development Authority/FL                                                                                                                 | CUSIP: 746507AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1375764.56   | 0.31%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOLLIDAYSBURG PA AREA SCH DIST                                                    | Hollidaysburg Area School District                                                                                                                     | CUSIP: 435475TX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262878.13    | 0.06%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                         | GS V6.125 PERP Y                                                                                                                                       | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4325000 | PA      | $4299058.65   | 0.98%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                                      | NY NYC 5.25 10/01/2039                                                                                                                                 | CUSIP: 64966QK58<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    700000 | PA      | $760135.04    | 0.17%             | 2039-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH LEASE REVENU                                                    | Illinois Finance Authority                                                                                                                             | CUSIP: 45203NAT6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1190558.51   | 0.27%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viatris Inc                                                                       | VTRS 3.85 06/22/40                                                                                                                                     | CUSIP: 92556VAE6<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    500000 | PA      | $380239.44    | 0.09%             | 2040-06-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ALTOONA PA AREA SCH DIST                                                          | Altoona Area School District                                                                                                                           | CUSIP: 021807NS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1452734.56   | 0.33%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO O'HARE INTERNATIONAL AIRPORT (IL)                                         | IL CHITRN 5.25 01/01/2056                                                                                                                              | CUSIP: 167591CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2017539.81   | 0.46%             | 2056-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA                                                                  | District of Columbia                                                                                                                                   | CUSIP: 25476FWG9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    595000 | PA      | $608297.30    | 0.14%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN                                                     | New York City Municipal Water Finance Authority                                                                                                        | CUSIP: 64972GNT7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    385000 | PA      | $393760.83    | 0.09%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                                      | NY NYC 5 09/01/2038                                                                                                                                    | CUSIP: 64966QF70<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    430000 | PA      | $461975.23    | 0.10%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHITEHALL OH CITY SCH DIST                                                        | Whitehall City School District                                                                                                                         | CUSIP: 965152NB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $705126.34    | 0.16%             | 2030-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                                                | NY NYCUTL 5 06/15/2048                                                                                                                                 | CUSIP: 64972GZD9<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    555000 | PA      | $568831.93    | 0.13%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CA CITY &CNTY AR                                                    | San Francisco City & County Airport Comm-San Francisco International Airport                                                                           | CUSIP: 79766DMD8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046785.00   | 0.46%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUTNAM CNTY TN                                                                    | County of Putnam TN                                                                                                                                    | CUSIP: 746673YW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2026-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC CNTY WA PUBLIC HTHCARE                                                    | Pacific County Public Healthcare Services District No 3                                                                                                | CUSIP: 694133CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1481224.90   | 0.34%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WARREN MI CONSOL SCH DIST                                                         | Warren Consolidated Schools                                                                                                                            | CUSIP: 935341S32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $380987.39    | 0.09%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUSQUEHANNA TWP PA SCH DIST                                                       | Susquehanna Township School District                                                                                                                   | CUSIP: 869182NB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $906247.99    | 0.21%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY CO SCH DIST #3 WI                                                    | El Paso County School District No 3 Widefield                                                                                                          | CUSIP: 283389QU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $353642.32    | 0.08%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY                            | TX TXSUTL 5 12/15/2027                                                                                                                                 | CUSIP: 88256HBC1<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513707.90    | 0.12%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP                                                     | IL STSGEN 5.25 01/01/2043                                                                                                                              | CUSIP: 79467BCJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $291904.98    | 0.07%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL EDUCTNL FAC                                                    | Miami-Dade County Educational Facilities Authority                                                                                                     | CUSIP: 59333AMY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004147.20   | 0.23%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG IS PWR AUTH N Y                                                              | NY LSLPWR 5 09/01/2046                                                                                                                                 | CUSIP: 5426908M7<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003194.60   | 0.23%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC                                                    | Metropolitan Government of Nashville & Davidson County TN Electric Revenue                                                                             | CUSIP: 592030J35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1114977.38   | 0.25%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                         | CO COSMED 5 11/01/2044                                                                                                                                 | CUSIP: 19648FPQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    880000 | PA      | $894565.50    | 0.20%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)                        | PA PASDEV 5.5 06/30/2042                                                                                                                               | CUSIP: 70868YAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061997.70   | 0.24%             | 2042-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                               | IN INSUTL 5.25 10/01/2047                                                                                                                              | CUSIP: 45505MNG7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    575000 | PA      | $601346.96    | 0.14%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SCRANTON PA SCH DIST                                                              | Scranton School District/PA                                                                                                                            | CUSIP: 810827E35<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    500000 | PA      | $534996.15    | 0.12%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CNTY NE SCH DIST #25                                                     | Fillmore County School District No 25                                                                                                                  | CUSIP: 317162CH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $921044.70    | 0.21%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLATSOP CNTY OR SCH DIST #10 S                                                    | Seaside School District No 10                                                                                                                          | CUSIP: 182846BJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $1171275.43   | 0.27%             | 2042-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** FundVantage Trust

**Signature:** Christine S. Catanzaro

**Name of Signer:** Christine S. Catanzaro

**Title:** Treasurer and Chief Financial Officer