# EDGAR Filing Document

**Accession Number:** 0001178839
**File Stem:** 0001752724-23-064062
**Filing Date:** 2023-3
**Character Count:** 156886
**Document Hash:** c45f9232e76740c4088029222375bf62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-064062.hdr.sgml**: 20230322

**ACCESSION NUMBER**: 0001752724-23-064062

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230322

**DATE AS OF CHANGE**: 20230322

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEUBERGER BERMAN MUNICIPAL FUND INC.
- **CENTRAL INDEX KEY:** 0001178839
- **IRS NUMBER:** 522372415
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21168
- **FILM NUMBER:** 23753687

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** 2124768800

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER BERMAN MUNICIPAL FUND, INC.
- **DATE OF NAME CHANGE:** 20180831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER BERMAN INTERMEDIATE MUNICIPAL FUND INC
- **DATE OF NAME CHANGE:** 20020726

## Nport-Ex

Schedule of Investments Municipal Fund Inc.^ (Unaudited) <br>January 31, 2023

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

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Municipal Notes 161.6%** | **Municipal Notes 161.6%** | **Municipal Notes 161.6%** |
| **Alabama 0.3%** | **Alabama 0.3%** | **Alabama 0.3%** |
| $750000 | &nbsp;&nbsp; Sumter Co. Ind. Dev. Au.(Green Bond-Enviva, Inc.), Ser. 2022, 6.00%, due 7/15/2052 Putable <br> 7/15/2032<br>| **$687574** |
| **American Samoa 0.8%** | **American Samoa 0.8%** | **American Samoa 0.8%** |
| &nbsp;&nbsp; 1700000 | American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/2029 | **1792138** |
| **Arizona 1.8%** | **Arizona 1.8%** | **Arizona 1.8%** |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; Maricopa Co. Ind. Dev. Au. Ed. Ref. Rev. (Paradise Sch. Proj. Paragon Management, Inc.), Ser. 2016, <br> 5.00%, due 7/1/2036<br>| &nbsp;&nbsp; 504189<sup>(a)</sup> |
| &nbsp;&nbsp; 2250000 | Navajo Nation Ref. Rev., Ser. 2015-A, 5.00%, due 12/1/2025 | &nbsp;&nbsp; 2308788<sup>(a)</sup> |
| &nbsp;&nbsp; 940000 | Phoenix Ind. Dev. Au. Ed. Rev. (Great Hearts Academies Proj.), Ser. 2014, 3.75%, due 7/1/2024 | &nbsp;&nbsp; 936714 |
| &nbsp;&nbsp; 400000 | Phoenix-Mesa Gateway Arpt. Au. Spec. Fac. Rev. (Mesa Proj.), Ser. 2012, 5.00%, due 7/1/2024 | &nbsp;&nbsp; 400720 |
|  |  | **4150411** |
| **California 34.7%** | **California 34.7%** | **California 34.7%** |
| &nbsp;&nbsp; 905000 | &nbsp;&nbsp; California Infrastructure & Econ. Dev. Bank St. Sch. Fund Rev. (King City Joint Union High Sch.), <br> Ser. 2010, 5.13%, due 8/15/2024<br>| &nbsp;&nbsp; 906124 |
| California Muni. Fin. Au. Charter Sch. Lease Rev. (Sycamore Academy Proj.) |  |  |
| &nbsp;&nbsp; 420000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.00%, due 7/1/2024  | &nbsp;&nbsp; 425268<sup>(a)</sup> |
| &nbsp;&nbsp; 630000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.13%, due 7/1/2029  | &nbsp;&nbsp; 639713<sup>(a)</sup> |
| California Muni. Fin. Au. Charter Sch. Lease Rev. (Vista Charter Middle Sch. Proj.) |  |  |
| &nbsp;&nbsp; 310000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.00%, due 7/1/2024  | &nbsp;&nbsp; 311640 |
| &nbsp;&nbsp; 430000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.13%, due 7/1/2029  | &nbsp;&nbsp; 432863 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; California Muni. Fin. Au. Charter Sch. Rev. (Palmdale Aerospace Academy Proj.), Ser. 2016, 5.00%, <br> due 7/1/2031<br>| &nbsp;&nbsp; 503406<sup>(a)</sup> |
| &nbsp;&nbsp; 570000 | California Muni. Fin. Au. Rev. (Baptist Univ.), Ser. 2015-A, 5.00%, due 11/1/2030 | &nbsp;&nbsp; 582421<sup>(a)</sup> |
| &nbsp;&nbsp; 585000 | &nbsp;&nbsp; California Muni. Fin. Au. Rev. (Touro College & Univ. Sys. Obligated Group), Ser. 2014-A, 4.00%, <br> due 1/1/2026 Pre-Refunded 7/1/2024<br>| &nbsp;&nbsp; 598708 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; California Muni. Fin. Au. Std. Hsg. Rev. (CHF-Davis I, LLC-West Village Std. Hsg. Proj.), Ser. 2018, <br> 5.00%, due 5/15/2051<br>| &nbsp;&nbsp; 2024895 |
| &nbsp;&nbsp; 275000 | &nbsp;&nbsp; California Muni. Fin. Au. Std. Hsg. Rev. (CHF-Davis II, LLC, Green Bond-Orchard Park Std. Hsg. Proj.), <br> Ser. 2021, (BAM Insured), 3.00%, due 5/15/2054<br>| &nbsp;&nbsp; 214238 |
| &nbsp;&nbsp; 1300000 | &nbsp;&nbsp; California Sch. Fac. Fin. Au. Rev. (Alliance College - Ready Pub. Sch. Proj.), Ser. 2015-A, 5.00%, due <br> 7/1/2030<br>| &nbsp;&nbsp; 1349573<sup>(a)</sup> |
| California St. Dept. of Veterans Affairs Home Purchase Ref. Rev. |  |  |
| &nbsp;&nbsp; 2155000 | &nbsp;&nbsp;&nbsp; Ser. 2016-A, 2.90%, due 6/1/2028  | &nbsp;&nbsp; 2146001 |
| &nbsp;&nbsp; 2450000 | &nbsp;&nbsp;&nbsp; Ser. 2016-A, 2.95%, due 12/1/2028  | &nbsp;&nbsp; 2444944 |
| &nbsp;&nbsp; 8000000 | California St. G.O., Ser. 2022, 3.00%, due 4/1/2052 | &nbsp;&nbsp; 6554377 |
| &nbsp;&nbsp; 470000 | &nbsp;&nbsp; California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Aemerage Redak Svcs. So. California LLC <br> Proj.), Ser. 2016, 7.00%, due 12/1/2027<br>| &nbsp;&nbsp; 47000<sup>(a)(b)</sup> |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Calplant I Green Bond Proj.), Ser. 2019, <br> 7.50%, due 12/1/2039<br>| &nbsp;&nbsp; 49451<sup>(a)(b)</sup> |
| &nbsp;&nbsp; 1855000 | &nbsp;&nbsp; California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Green Bond-Rialto Bioenergy Fac. LLC, Proj.), <br> Ser. 2019, 7.50%, due 12/1/2040<br>| &nbsp;&nbsp; 1242048<sup>(a)</sup> |
| &nbsp;&nbsp; 3990000 | California St. Poll. Ctrl. Fin. Au. Wtr. Furnishing Rev., Ser. 2012, 5.00%, due 7/1/2027 | &nbsp;&nbsp; 4010393<sup>(a)</sup> |
| &nbsp;&nbsp; 12665000 | &nbsp;&nbsp; Golden St. Tobacco Securitization Corp. Tobacco Settlement Rev. Ref., Ser. 2021-B-2, 0.00%, due <br> 6/1/2066<br>| &nbsp;&nbsp; 1594591 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A, (AGM Insured), <br> 6.75%, due 8/1/2040 Pre-Refunded 8/1/2025<br>| &nbsp;&nbsp; 2213551 |
| &nbsp;&nbsp; 2000000 | North Orange Co. Comm. College Dist. G.O., Ser. 2022-C, 4.00%, due 8/1/2047 | &nbsp;&nbsp; 2032287 |
| &nbsp;&nbsp; 3620000 | &nbsp;&nbsp; Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 2005-B, (AGM Insured), 0.00%, <br> due 8/1/2024<br>| &nbsp;&nbsp; 3477222 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **California – cont'd** | **California – cont'd** | **California – cont'd** |
| $5750000 | &nbsp;&nbsp; Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2009-E, (Assured <br> Guaranty Insured), 5.50%, due 8/1/2029<br>| $6657793 |
| &nbsp;&nbsp; 5000000 | Redondo Beach Unified Sch. Dist. G.O., Ser. 2009, 6.38%, due 8/1/2034 Pre-Refunded 8/1/2026 | &nbsp;&nbsp; 5716507 |
| &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.), Ser. 2006-E, (AMBAC Insured), <br> 5.25%, due 12/1/2026<br>| &nbsp;&nbsp; 4446104 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; San Bernardino Comm. College Dist. G.O. Cap. Appreciation (Election), Ser. 2009-B, 6.38%, due <br> 8/1/2034 Pre-Refunded 8/1/2024<br>| &nbsp;&nbsp; 2113258 |
| &nbsp;&nbsp; 6000000 | &nbsp;&nbsp; San Mateo Foster City Sch. Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2010-A, 0.00%, due <br> 8/1/2032<br>| &nbsp;&nbsp; 6951910<sup>(c)</sup> |
| &nbsp;&nbsp; 2040000 | &nbsp;&nbsp; Sweetwater Union High Sch. Dist. Pub. Fin. Au. Rev., Ser. 2013, (BAM Insured), 5.00%, due <br> 9/1/2025<br>| &nbsp;&nbsp; 2067490 |
| &nbsp;&nbsp; 9070000 | &nbsp;&nbsp; Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C, 6.88%, due <br> 8/1/2037<br>| &nbsp;&nbsp; 11170031 |
| &nbsp;&nbsp; 5095000 | &nbsp;&nbsp; Victor Valley Joint Union High Sch. Dist. G.O. Cap. Appreciation Bonds, Ser. 2009, (Assured <br> Guaranty Insured), 0.00%, due 8/1/2026<br>| &nbsp;&nbsp; 4647267 |
| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; Wiseburn Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-B, (AGM Insured), 0.00%, <br> due 8/1/2036<br>| &nbsp;&nbsp; 3170405<sup>(d)</sup> |
|  |  | **80741479** |
| **Colorado 3.6%** | **Colorado 3.6%** | **Colorado 3.6%** |
| Colorado Ed. & Cultural Facs. Au. Rev. (Charter Sch.- Atlas Preparatory Sch. Proj.) |  |  |
| &nbsp;&nbsp; 805000 | &nbsp;&nbsp;&nbsp; Ser. 2015, 4.50%, due 4/1/2025  | &nbsp;&nbsp; 819707<sup>(a)</sup> |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2015, 5.13%, due 4/1/2035 Pre-Refunded 4/1/2025 | &nbsp;&nbsp; 1054803<sup>(a)</sup> |
| &nbsp;&nbsp; 1350000 | &nbsp;&nbsp;&nbsp; Ser. 2015, 5.25%, due 4/1/2045 Pre-Refunded 4/1/2025 | &nbsp;&nbsp; 1427516<sup>(a)</sup> |
| &nbsp;&nbsp; 750000 | Colorado Ed. & Cultural Facs. Au. Rev. Ref., Ser. 2014, 4.50%, due 11/1/2029 | &nbsp;&nbsp; 753401 |
| &nbsp;&nbsp; 2550000 | Plaza Metro. Dist. Number 1 Tax Allocation Rev., Ser. 2013, 4.00%, due 12/1/2023 | &nbsp;&nbsp; 2546379<sup>(a)</sup> |
| &nbsp;&nbsp; 5333333 | &nbsp;&nbsp; Villages at Castle Rock Co. Metro. Dist. Number 6 (Cabs - Cobblestone Ranch Proj.), Ser. 2007-2, <br> 0.00%, due 12/1/2037<br>| &nbsp;&nbsp; 1693464 |
|  |  | **8295270** |
| **Connecticut 0.3%** | **Connecticut 0.3%** | **Connecticut 0.3%** |
| &nbsp;&nbsp; 750000 | Hamden G.O., Ser. 2013, (AGM Insured), 3.13%, due 8/15/2025 | **752424** |
| **District of Columbia 0.3%** | **District of Columbia 0.3%** | **District of Columbia 0.3%** |
| &nbsp;&nbsp; 650000 | &nbsp;&nbsp; Dist. of Columbia Std. Dorm. Rev. (Provident Group-Howard Prop.), Ser. 2013, 5.00%, due <br> 10/1/2045<br>| **641280** |
| **Florida 7.2%** | **Florida 7.2%** | **Florida 7.2%** |
| &nbsp;&nbsp; 800000 | &nbsp;&nbsp; Cap. Trust Agcy. Sr. Living Rev. (H-Bay Ministries, Inc. Superior Residences-Third Tier), Ser. 2018-C, <br> 7.50%, due 7/1/2053<br>| &nbsp;&nbsp; 24000<sup>(a)(b)</sup> |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; Cap. Trust Agcy. Sr. Living Rev. (Wonderful Foundations Sch. Proj.), Ser. 2020-A-1, 5.00%, due <br> 1/1/2055<br>| &nbsp;&nbsp; 1658382<sup>(a)</sup> |
| &nbsp;&nbsp; 1000000 | CityPlace Comm. Dev. Dist. Spec. Assessment Ref. Rev., Ser. 2012, 5.00%, due 5/1/2026 | &nbsp;&nbsp; 1037688 |
| Florida Dev. Fin. Corp. Ed. Facs. Rev. (Renaissance Charter Sch., Inc.) |  |  |
| &nbsp;&nbsp; 3120000 | &nbsp;&nbsp;&nbsp; Ser. 2013-A, 6.75%, due 12/15/2027 Pre-Refunded 6/15/2023 | &nbsp;&nbsp; 3165508 |
| &nbsp;&nbsp; 1750000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A, 5.75%, due 6/15/2029  | &nbsp;&nbsp; 1784231<sup>(a)</sup> |
| &nbsp;&nbsp; 1075000 | Florida Dev. Fin. Corp. Ed. Facs. Rev. Ref. (Pepin Academies, Inc.), Ser. 2016-A, 5.00%, due 7/1/2036 | &nbsp;&nbsp; 993645 |
| &nbsp;&nbsp; 8000000 | &nbsp;&nbsp; Hillsborough Co. Ind. Dev. Au. Hosp. Rev. (Tampa General Hosp. Proj.), Ser. 2020-A, 3.50%, due <br> 8/1/2055<br>| &nbsp;&nbsp; 6441204 |
| &nbsp;&nbsp; 850000 | Village Comm. Dev. Dist. Number 11 Spec. Assessment Rev., Ser. 2014, 4.13%, due 5/1/2029 | &nbsp;&nbsp; 845385 |
| &nbsp;&nbsp; 965000 | Village Comm. Dev. Dist. Number 13 Spec. Assessment Rev., Ser. 2019, 3.70%, due 5/1/2050 | &nbsp;&nbsp; 752926 |
|  |  | **16702969** |
| **Guam 0.6%** | **Guam 0.6%** | **Guam 0.6%** |
| &nbsp;&nbsp; 250000 | A.B. Won Pat Int'l Arpt. Au. Rev. Ref., Ser. 2023-A, 5.38%, due 10/1/2043 | &nbsp;&nbsp; 253147<sup>(e)</sup> |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Guam – cont'd** | **Guam – cont'd** | **Guam – cont'd** |
| $1000000 | Guam Pwr. Au. Rev., Ser. 2022-A, 5.00%, due 10/1/2035 | $1102563 |
|  |  | **1355710** |
| **Hawaii 0.8%** | **Hawaii 0.8%** | **Hawaii 0.8%** |
| &nbsp;&nbsp; 2250000 | &nbsp;&nbsp; Hawaii St. Dept. of Budget & Fin. Spec. Purp. Rev. (Hawaiian Elec. Co., Inc. - Subsidiary), Ser. 2019, <br> 3.50%, due 10/1/2049<br>| **1832071** |
| **Illinois 22.6%** | **Illinois 22.6%** | **Illinois 22.6%** |
| &nbsp;&nbsp; 5705000 | Berwyn G.O., Ser. 2013-A, 5.00%, due 12/1/2027 | &nbsp;&nbsp; 5759196 |
| Chicago G.O. |  |  |
| &nbsp;&nbsp; 250000 | &nbsp;&nbsp;&nbsp; Ser. 2002-2002B, 5.13%, due 1/1/2027  | &nbsp;&nbsp; 255953 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp; Ser. 2002-B, 5.00%, due 1/1/2025  | &nbsp;&nbsp; 2047698 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2019-A, 5.00%, due 1/1/2044  | &nbsp;&nbsp; 1003758 |
| Chicago Ref. G.O. |  |  |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2005-D, 5.50%, due 1/1/2040  | &nbsp;&nbsp; 1019276 |
| &nbsp;&nbsp; 700000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A, 5.00%, due 1/1/2027  | &nbsp;&nbsp; 704756 |
| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp; Ser. 2017-A, 6.00%, due 1/1/2038  | &nbsp;&nbsp; 3196244 |
| Cook Co. Sch. Dist. Number 83 G.O. (Mannheim) |  |  |
| &nbsp;&nbsp; 1350000 | &nbsp;&nbsp;&nbsp; Ser. 2013-C, 5.45%, due 12/1/2030  | &nbsp;&nbsp; 1384450 |
| &nbsp;&nbsp; 1960000 | &nbsp;&nbsp;&nbsp; Ser. 2013-C, 5.50%, due 12/1/2031  | &nbsp;&nbsp; 2010817 |
| &nbsp;&nbsp; 1560000 | &nbsp;&nbsp; Illinois Fin. Au. Ref. Rev. (Presence Hlth. Network Obligated Group), Ser. 2016-C, 5.00%, due <br> 2/15/2031<br>| &nbsp;&nbsp; 1703510 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Illinois Fin. Au. Rev. Ref. (Northwestern Mem. Hlth. Care Obligated Group), Ser. 2017-A, 4.00%, <br> due 7/15/2047<br>| &nbsp;&nbsp; 994430 |
| &nbsp;&nbsp; 1905000 | &nbsp;&nbsp; Illinois Sports Facs. Au. Cap. Appreciation Rev. (St. Tax Supported), Ser. 2001, (AMBAC Insured), <br> 0.00%, due 6/15/2026<br>| &nbsp;&nbsp; 1708595 |
| Illinois St. G.O. |  |  |
| &nbsp;&nbsp; 3900000 | &nbsp;&nbsp;&nbsp; Ser. 2012, 4.00%, due 8/1/2025  | &nbsp;&nbsp; 3903290 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 5.00%, due 7/1/2023  | &nbsp;&nbsp; 1009048 |
| &nbsp;&nbsp; 5200000 | &nbsp;&nbsp;&nbsp; Ser. 2017-D, 5.00%, due 11/1/2028  | &nbsp;&nbsp; 5577431 |
| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, 4.00%, due 3/1/2039  | &nbsp;&nbsp; 2894748 |
| &nbsp;&nbsp; 2175000 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, 4.00%, due 3/1/2040  | &nbsp;&nbsp; 2078799 |
| &nbsp;&nbsp; 775000 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, 5.00%, due 3/1/2046  | &nbsp;&nbsp; 796749 |
| &nbsp;&nbsp; 4250000 | Illinois St. G.O. Ref., Ser. 2016, 5.00%, due 2/1/2024 | &nbsp;&nbsp; 4340180 |
| So. Illinois Univ. Cert. of Participation (Cap. Imp. Proj.) |  |  |
| &nbsp;&nbsp; 945000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/2027  | &nbsp;&nbsp; 965239 |
| &nbsp;&nbsp; 1375000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/2028  | &nbsp;&nbsp; 1403741 |
| &nbsp;&nbsp; 715000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/2029  | &nbsp;&nbsp; 729577 |
| Univ. of Illinois (Hlth. Svc. Facs. Sys.) |  |  |
| &nbsp;&nbsp; 2725000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 5.00%, due 10/1/2027  | &nbsp;&nbsp; 2767014 |
| &nbsp;&nbsp; 2875000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 5.75%, due 10/1/2028  | &nbsp;&nbsp; 2934547 |
| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; Upper Illinois River Valley Dev. Au. Rev. Ref. (Cambridge Lakes Learning Ctr.), Ser. 2017-A, 5.25%, <br> due 12/1/2047<br>| &nbsp;&nbsp; 1366360<sup>(a)</sup> |
|  |  | **52555406** |
| **Indiana 0.1%** | **Indiana 0.1%** | **Indiana 0.1%** |
| &nbsp;&nbsp; 150000 | Valparaiso Exempt Facs. Rev. (Pratt Paper LLC Proj.), Ser. 2013, 5.88%, due 1/1/2024 | **152667** |
| **Iowa 0.5%** | **Iowa 0.5%** | **Iowa 0.5%** |
| &nbsp;&nbsp; 1105000 | Iowa St. Higher Ed. Loan Au. Rev. (Des Moines Univ. Proj.), Ser. 2020, 5.00%, due 10/1/2028 | **1189017** |
| **Kansas 0.6%** | **Kansas 0.6%** | **Kansas 0.6%** |
| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; Wyandotte Co. & Kansas City Kanuni Gov't. G.O. Temporary Notes, Ser. 2022-I, 1.25%, due <br> 4/1/2023<br>| **1496969** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Kentucky 0.5%** | **Kentucky 0.5%** | **Kentucky 0.5%** |
| $1350000 | &nbsp;&nbsp; Ashland City, Kentucky Med. Ctr. Ref. Rev. (Ashland Hosp. Corp. DBA Kings Daughter Med. Ctr.), <br> Ser. 2019, (AGM Insured), 3.00%, due 2/1/2040<br>| **$1132519** |
| **Louisiana 1.6%** | **Louisiana 1.6%** | **Louisiana 1.6%** |
| &nbsp;&nbsp; 1715000 | &nbsp;&nbsp; Louisiana Local Gov't Env. Facs. & Comm. Dev. Au. Rev. Ref. (Westside Habilitation Ctr. Proj.), <br> Ser. 2017-A, 5.75%, due 2/1/2032<br>| &nbsp;&nbsp; 1677452<sup>(a)</sup> |
| &nbsp;&nbsp; 675243 | &nbsp;&nbsp; Louisiana St. Local Gov't Env. Facs. & Comm. Dev. Au. Rev. (Lafourche Parish Gomesa Proj.), <br> Ser. 2019, 3.95%, due 11/1/2043<br>| &nbsp;&nbsp; 597882<sup>(a)</sup> |
| &nbsp;&nbsp; 775000 | &nbsp;&nbsp; Louisiana St. Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.), <br> Ser. 2013-A, 7.63%, due 12/15/2028<br>| &nbsp;&nbsp; 784319 |
| &nbsp;&nbsp; 800000 | &nbsp;&nbsp; St. John the Baptist Parish LA Rev. Ref. (Marathon Oil Corp. Proj.), Subser. 2017-A-1, 2.00%, due <br> 6/1/2037 Putable 4/1/2023<br>| &nbsp;&nbsp; 798551 |
|  |  | **3858204** |
| **Maine 0.7%** | **Maine 0.7%** | **Maine 0.7%** |
| &nbsp;&nbsp; 2200000 | Maine St. Fin. Au. (Green Bond-Go Lab Madison, LLC Proj.), Ser. 2021, 8.00%, due 12/1/2051 | **1540480**<sup>(a)</sup> |
| **Maryland 0.1%** | **Maryland 0.1%** | **Maryland 0.1%** |
| &nbsp;&nbsp; 300000 | Baltimore Spec. Oblig. Ref. Rev. Sr. Lien (Harbor Point Proj.), Ser. 2022, 5.00%, due 6/1/2051 | **292481** |
| **Massachusetts 0.8%** | **Massachusetts 0.8%** | **Massachusetts 0.8%** |
| Massachusetts St. Dev. Fin. Agcy. Rev. (Milford Reg. Med. Ctr.) |  |  |
| &nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp; Ser. 2014-F, 5.00%, due 7/15/2024  | &nbsp;&nbsp; 201671 |
| &nbsp;&nbsp; 415000 | &nbsp;&nbsp;&nbsp; Ser. 2014-F, 5.00%, due 7/15/2025  | &nbsp;&nbsp; 417984 |
| &nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp; Ser. 2014-F, 5.00%, due 7/15/2026  | &nbsp;&nbsp; 201506 |
| &nbsp;&nbsp; 190000 | &nbsp;&nbsp;&nbsp; Ser. 2014-F, 5.00%, due 7/15/2027  | &nbsp;&nbsp; 191444 |
| &nbsp;&nbsp; 860000 | Massachusetts St. Ed. Fin. Au. Rev., Ser. 2012-J, 4.70%, due 7/1/2026 | &nbsp;&nbsp; 860568 |
|  |  | **1873173** |
| **Michigan 5.9%** | **Michigan 5.9%** | **Michigan 5.9%** |
| City of Detroit MI G.O. |  |  |
| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, 5.00%, due 4/1/2046  | &nbsp;&nbsp; 2972029 |
| &nbsp;&nbsp; 3850000 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, 5.00%, due 4/1/2050  | &nbsp;&nbsp; 3766791 |
| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; Detroit Downtown Dev. Au. Tax Increment Rev. Ref. (Catalyst Dev. Proj.), Ser. 2018-A, (AGM <br> Insured), 5.00%, due 7/1/2048<br>| &nbsp;&nbsp; 1511232 |
| &nbsp;&nbsp; 2000000 | Michigan St. Bldg. Au. Rev. (Facilities Prog.), Ser. 2022-I, 5.00%, due 10/15/2047 | &nbsp;&nbsp; 2236886 |
| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; Michigan St. Strategic Fund Ltd. Oblig. Rev. (Green Bond-Recycled Board Machine Proj.), Ser. 2021, <br> 4.00%, due 10/1/2061 Putable 10/1/2026<br>| &nbsp;&nbsp; 2473874 |
| &nbsp;&nbsp; 750000 | Michigan St. Strategic Fund Ltd. Oblig. Rev. (Improvement Proj.), Ser. 2018, 5.00%, due 6/30/2048 | &nbsp;&nbsp; 760003 |
| &nbsp;&nbsp; 100000 | Summit Academy Pub. Sch. Academy Ref. Rev., Ser. 2005, 6.38%, due 11/1/2035 | &nbsp;&nbsp; 91006 |
|  |  | **13811821** |
| **Minnesota 0.2%** | **Minnesota 0.2%** | **Minnesota 0.2%** |
| &nbsp;&nbsp; 400000 | &nbsp;&nbsp; St. Paul Hsg. & Redev. Au. Charter Sch. Lease Rev. (Metro Deaf Sch. Proj.), Ser. 2018-A, 5.00%, due <br> 6/15/2038<br>| **394075**<sup>(a)</sup> |
| **Mississippi 0.7%** | **Mississippi 0.7%** | **Mississippi 0.7%** |
| &nbsp;&nbsp; 1700000 | Mississippi Dev. Bank Spec. Oblig. (Jackson Co. Gomesa Proj.), Ser. 2021, 3.63%, due 11/1/2036 | **1548649**<sup>(a)</sup> |
| **Nevada 0.5%** | **Nevada 0.5%** | **Nevada 0.5%** |
| Director of the St. of Nevada Dept. of Bus. & Ind. Rev. (Somerset Academy) |  |  |
| &nbsp;&nbsp; 655000 | &nbsp;&nbsp;&nbsp; Ser. 2015-A, 4.00%, due 12/15/2025  | &nbsp;&nbsp; 653218<sup>(a)</sup> |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp; Ser. 2015-A, 5.13%, due 12/15/2045  | &nbsp;&nbsp; 494986<sup>(a)</sup> |
|  |  | **1148204** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **New Hampshire 0.3%** | **New Hampshire 0.3%** | **New Hampshire 0.3%** |
| $750000 | National Fin. Au. Rev. (Green Bond), Ser. 2020-B, 3.75%, due 7/1/2045 Putable 7/2/2040 | **$604092**<sup>(a)</sup> |
| **New Jersey 9.9%** | **New Jersey 9.9%** | **New Jersey 9.9%** |
| New Jersey Econ. Dev. Au. Rev. (The Goethals Bridge Replacement Proj.) |  |  |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 5.25%, due 1/1/2025  | &nbsp;&nbsp; 508574 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 5.50%, due 1/1/2026  | &nbsp;&nbsp; 509528 |
| New Jersey Econ. Dev. Au. Rev. (United Methodist Homes of New Jersey Obligated Group) |  |  |
| &nbsp;&nbsp; 1420000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 3.50%, due 7/1/2024 Pre-Refunded 7/1/2023 | &nbsp;&nbsp; 1426377 |
| &nbsp;&nbsp; 1470000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 3.63%, due 7/1/2025 Pre-Refunded 7/1/2023 | &nbsp;&nbsp; 1477354 |
| &nbsp;&nbsp; 1520000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 3.75%, due 7/1/2026 Pre-Refunded 7/1/2023 | &nbsp;&nbsp; 1528381 |
| &nbsp;&nbsp; 765000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 4.00%, due 7/1/2027 Pre-Refunded 7/1/2023 | &nbsp;&nbsp; 770095 |
| &nbsp;&nbsp; 1115000 | New Jersey Higher Ed. Assist. Au. Rev. (Std. Loan Rev.), Ser. 2012-1A, 4.38%, due 12/1/2026 | &nbsp;&nbsp; 1115614 |
| &nbsp;&nbsp; 685000 | &nbsp;&nbsp; New Jersey St. Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due <br> 9/15/2023<br>| &nbsp;&nbsp; 688176 |
| New Jersey St. Econ. Dev. Au. Sch. Rev. (Beloved Comm. Charter, Sch., Inc. Proj.) |  |  |
| &nbsp;&nbsp; 1105000 | &nbsp;&nbsp;&nbsp; Ser. 2019-A, 5.00%, due 6/15/2049  | &nbsp;&nbsp; 1052104<sup>(a)</sup> |
| &nbsp;&nbsp; 725000 | &nbsp;&nbsp;&nbsp; Ser. 2019-A, 5.00%, due 6/15/2054  | &nbsp;&nbsp; 682386<sup>(a)</sup> |
| &nbsp;&nbsp; 7250000 | New Jersey St. Trans. Trust Fund Au., Ser. 2019-BB, 4.00%, due 6/15/2050 | &nbsp;&nbsp; 6892629 |
| New Jersey St. Trans. Trust Fund Au. Trans. Sys. Rev. Ref. |  |  |
| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp;&nbsp; Ser. 2018-A, 5.00%, due 12/15/2036  | &nbsp;&nbsp; 1342354 |
| &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp; Ser. 2018-A, 4.25%, due 12/15/2038  | &nbsp;&nbsp; 4071319 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2018-A, (BAM Insured), 4.00%, due 12/15/2037  | &nbsp;&nbsp; 1019976 |
|  |  | **23084867** |
| **New Mexico 0.5%** | **New Mexico 0.5%** | **New Mexico 0.5%** |
| &nbsp;&nbsp; 1500000 | Winrock Town Ctr. Tax Increment Dev. Dist. Number 1 (Sr. Lien), Ser. 2022, 4.25%, due 5/1/2040 | **1275403**<sup>(a)</sup> |
| **New York 18.8%** | **New York 18.8%** | **New York 18.8%** |
| &nbsp;&nbsp; 225000 | &nbsp;&nbsp; Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Charter Sch. for Applied Technologies Proj.), <br> Ser. 2017-A, 5.00%, due 6/1/2035<br>| &nbsp;&nbsp; 233238 |
| &nbsp;&nbsp; 625000 | Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Orchard Park), Ser. 2015, 5.00%, due 11/15/2029 | &nbsp;&nbsp; 639134 |
| &nbsp;&nbsp; 1345000 | Build NYC Res. Corp. Ref. Rev. (New York Law Sch. Proj.), Ser. 2016, 4.00%, due 7/1/2045 | &nbsp;&nbsp; 1160187 |
| Build NYC Res. Corp. Rev. |  |  |
| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.00%, due 11/1/2024  | &nbsp;&nbsp; 1104113 |
| &nbsp;&nbsp; 835000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.25%, due 11/1/2029  | &nbsp;&nbsp; 838800 |
| &nbsp;&nbsp; 975000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.50%, due 11/1/2044  | &nbsp;&nbsp; 953148 |
| &nbsp;&nbsp; 250000 | Build NYC Res. Corp. Rev. (Metro. Lighthouse Charter Sch. Proj.), Ser. 2017-A, 5.00%, due 6/1/2047 | &nbsp;&nbsp; 237501<sup>(a)</sup> |
| &nbsp;&nbsp; 825000 | Build NYC Res. Corp. Rev. (New Dawn Charter Sch. Proj.), Ser. 2019, 5.75%, due 2/1/2049 | &nbsp;&nbsp; 831984<sup>(a)</sup> |
| Build NYC Res. Corp. Rev. (South Bronx Charter Sch. for Int'l Cultures and the Arts) |  |  |
| &nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp; Ser. 2013-A, 3.88%, due 4/15/2023  | &nbsp;&nbsp; 99972<sup>(a)</sup> |
| &nbsp;&nbsp; 1450000 | &nbsp;&nbsp;&nbsp; Ser. 2013-A, 5.00%, due 4/15/2043  | &nbsp;&nbsp; 1408591<sup>(a)</sup> |
| &nbsp;&nbsp; 425000 | &nbsp;&nbsp; Build NYC Res. Corp. Solid Waste Disp. Ref. Rev. (Pratt Paper, Inc. Proj.), Ser. 2014, 4.50%, due <br> 1/1/2025<br>| &nbsp;&nbsp; 431319<sup>(a)</sup> |
| Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.) |  |  |
| &nbsp;&nbsp; 700000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.00%, due 7/1/2023  | &nbsp;&nbsp; 705638 |
| &nbsp;&nbsp; 735000 | &nbsp;&nbsp;&nbsp; Ser. 2014, 5.00%, due 7/1/2024  | &nbsp;&nbsp; 755544 |
| &nbsp;&nbsp; 390000 | &nbsp;&nbsp;&nbsp; Ser. 2018, 5.00%, due 7/1/2030  | &nbsp;&nbsp; 418588 |
| &nbsp;&nbsp; 1400000 | &nbsp;&nbsp; Jefferson Co. IDA Solid Waste Disp. Rev. (Green Bond-Reenergy Black River LLC Proj.), Ser. 2014, <br> 5.25%, due 1/1/2024<br>| &nbsp;&nbsp; 140000<sup>(a)(f)(g)</sup> |
| Metro. Trans. Au. Rev. (Green Bond) |  |  |
| &nbsp;&nbsp; 8500000 | &nbsp;&nbsp;&nbsp; Ser. 2020-D-3, 4.00%, due 11/15/2049  | &nbsp;&nbsp; 7586858 |
| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp; Ser. 2020-D-3, 4.00%, due 11/15/2050  | &nbsp;&nbsp; 2667386 |
| &nbsp;&nbsp; 4000000 | New York City IDA Rev. (Yankee Stadium Proj.), Ser. 2020, 3.00%, due 3/1/2049 | &nbsp;&nbsp; 3016901 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **New York – cont'd** | **New York – cont'd** | **New York – cont'd** |
| $500000 | &nbsp;&nbsp; New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev. (Second Gen. Resolution Rev. Bonds), <br> Ser. 2016-BB-1A, 1.20%, due 6/15/2049<br>| $500000<sup>(h)</sup> |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; New York Liberty Dev. Corp. Ref. Rev. (3 World Trade Ctr. Proj.), Ser. 2014-2, 5.38%, due <br> 11/15/2040<br>| &nbsp;&nbsp; 500335<sup>(a)</sup> |
| &nbsp;&nbsp; 3200000 | &nbsp;&nbsp; New York St. Dorm. Au. Rev. Non St. Supported Debt (Univ. Facs.), Ser. 2013-A, 5.00%, due <br> 7/1/2028 Pre-Refunded 7/1/2023<br>| &nbsp;&nbsp; 3234402 |
| &nbsp;&nbsp; 2300000 | &nbsp;&nbsp; New York St. Dorm. Au. Rev. Ref. Non St. Supported Debt (Montefiore Oblig. Group), Ser. 2018-A, <br> 5.00%, due 8/1/2035<br>| &nbsp;&nbsp; 2350193 |
| &nbsp;&nbsp; 1000000 | New York St. Dorm. Au. Rev. St. Supported Debt (New Sch.), Ser. 2022-A, 4.00%, due 7/1/2052 | &nbsp;&nbsp; 905393 |
| &nbsp;&nbsp; 2000000 | New York St. Mtge. Agcy. Homeowner Mtge. Ref. Rev., Ser. 2014-189, 3.45%, due 4/1/2027 | &nbsp;&nbsp; 2003950 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; New York St. Trans. Dev. Corp. Fac. Rev. (Empire St. Thruway Svc. Areas Proj.), Ser. 2021, 4.00%, <br> due 4/30/2053<br>| &nbsp;&nbsp; 854637 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; New York St. Trans. Dev. Corp. Spec. Fac. Rev. (Delta Airlines, Inc.-LaGuardia Arpt. Term. C&D <br> Redev.), Ser. 2018, 5.00%, due 1/1/2033<br>| &nbsp;&nbsp; 2084339 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; New York St. Trans. Dev. Corp. Spec. Fac. Rev. Ref. (JFK Int'l Arpt. Term. 4 Proj.), Ser. 2022, 5.00%, <br> due 12/1/2039<br>| &nbsp;&nbsp; 521749 |
| &nbsp;&nbsp; 1155000 | Suffolk Co. Judicial Facs. Agcy. Lease Rev. (H. Lee Dennison Bldg.), Ser. 2013, 4.25%, due 11/1/2026 | &nbsp;&nbsp; 1171282 |
| &nbsp;&nbsp; 2000000 | Utility Debt Securitization Au. Rev., Ser. 2013-TE, 5.00%, due 12/15/2028 | &nbsp;&nbsp; 2042604 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; Westchester Co. Local Dev. Corp. Rev. (Purchase Sr. Learning Comm., Inc. Proj.), Ser. 2021-A, <br> 5.00%, due 7/1/2056<br>| &nbsp;&nbsp; 386054<sup>(a)</sup> |
| &nbsp;&nbsp; 600000 | &nbsp;&nbsp; Westchester Co. Local Dev. Corp. Rev. Ref. (Wartburg Sr. Hsg. Proj.), Ser. 2015-A, 5.00%, due <br> 6/1/2030<br>| &nbsp;&nbsp; 560057<sup>(a)</sup> |
| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; Yonkers Ind. Dev. Agcy. Sch. Facs. Rev. (New Community Sch. Proj.), Ser. 2022, 5.00%, due <br> 5/1/2047<br>| &nbsp;&nbsp; 3298970 |
|  |  | **43642867** |
| **North Carolina 2.2%** | **North Carolina 2.2%** | **North Carolina 2.2%** |
| &nbsp;&nbsp; 3590000 | &nbsp;&nbsp; North Carolina HFA Homeownership Ref. Rev., Ser. 2020-45, (GNMA/FNMA/FHLMC Insured), <br> 2.20%, due 7/1/2040<br>| &nbsp;&nbsp; 2673631 |
| North Carolina Med. Care Commission Retirement Facs. Rev. |  |  |
| &nbsp;&nbsp; 380000 | &nbsp;&nbsp;&nbsp; Ser. 2013, 5.13%, due 7/1/2023  | &nbsp;&nbsp; 383806 |
| &nbsp;&nbsp; 1700000 | &nbsp;&nbsp;&nbsp; Ser. 2020-A, 4.00%, due 9/1/2050  | &nbsp;&nbsp; 1334070 |
| &nbsp;&nbsp; 700000 | &nbsp;&nbsp; North Carolina Med. Care Commission Retirement Facs. Rev. (Twin Lakes Comm.), Ser. 2019-A, <br> 5.00%, due 1/1/2049<br>| &nbsp;&nbsp; 685039 |
|  |  | **5076546** |
| **Ohio 8.6%** | **Ohio 8.6%** | **Ohio 8.6%** |
| &nbsp;&nbsp; 12955000 | &nbsp;&nbsp; Buckeye Tobacco Settlement Fin. Au. Asset-Backed Sr. Ref. Rev., Ser. 2020-B-2, 5.00%, due <br> 6/1/2055<br>| &nbsp;&nbsp; 12352818 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Jefferson Co. Port Econ. Dev. Au. Rev. (JSW Steel USA, Ohio, Inc. Proj.), Ser. 2021, 3.50%, due <br> 12/1/2051<br>| &nbsp;&nbsp; 723813<sup>(a)</sup> |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; Ohio St. Air Quality Dev. Au. Exempt Facs. Rev. (AMG Vanadium LLC), Ser. 2019-D, 5.00%, due <br> 7/1/2049<br>| &nbsp;&nbsp; 455020<sup>(a)</sup> |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Ohio St. Air Quality Dev. Au. Rev. (Ohio Valley Elec. Corp. Proj.), Ser. 2014-B, 2.60%, due 6/1/2041 <br> Putable 10/1/2029<br>| &nbsp;&nbsp; 918072 |
| &nbsp;&nbsp; 2335000 | &nbsp;&nbsp; Ohio St. Air Quality Dev. Au. Rev. Ref. (Ohio Valley Elec. Corp. Proj.), Ser. 2019-A, 3.25%, due <br> 9/1/2029<br>| &nbsp;&nbsp; 2168873 |
| &nbsp;&nbsp; 3500000 | &nbsp;&nbsp; Port Au. of Greater Cincinnati Dev. Rev. (Convention Ctr. Hotel Acquisition and Demolition Proj.), <br> Ser. 2020-A, 3.00%, due 5/1/2023<br>| &nbsp;&nbsp; 3494518 |
|  |  | **20113114** |
| **Oklahoma 1.1%** | **Oklahoma 1.1%** | **Oklahoma 1.1%** |
| &nbsp;&nbsp; 2000000 | Oklahoma St. Dev. Fin. Au. Hlth. Sys. Rev. (OU Medicine Proj.), Ser. 2018-B, 5.00%, due 8/15/2033 | &nbsp;&nbsp; 1990651 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Oklahoma – cont'd** | **Oklahoma – cont'd** | **Oklahoma – cont'd** |
| Tulsa Arpt. Imp. Trust Ref. Rev. |  |  |
| $250000 | &nbsp;&nbsp;&nbsp; Ser. 2015-A, (BAM Insured), 5.00%, due 6/1/2024  | $256162 |
| &nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp; Ser. 2015-A, (BAM Insured), 5.00%, due 6/1/2025 Pre-Refunded 6/1/2024 | &nbsp;&nbsp; 411761 |
|  |  | **2658574** |
| **Oregon 0.0%**<sup>(i)</sup> | **Oregon 0.0%**<sup>(i)</sup> | **Oregon 0.0%**<sup>(i)</sup> |
| &nbsp;&nbsp; 30000 | &nbsp;&nbsp; Oregon St. Hsg. & Comm. Svc. Dept. Multi-Family Rev., Ser. 2012-B, (FHA/GNMA/FNMA/FHLMC <br> Insured), 3.50%, due 7/1/2027<br>| **30006** |
| **Pennsylvania 4.3%** | **Pennsylvania 4.3%** | **Pennsylvania 4.3%** |
| &nbsp;&nbsp; 2830000 | &nbsp;&nbsp; Lancaster Co. Hosp. Au. Ref. Rev. (Hlth. Centre-Landis Homes Retirement Comm. Proj.), <br> Ser. 2015-A, 4.25%, due 7/1/2030<br>| &nbsp;&nbsp; 2709897 |
| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; Lancaster Ind. Dev. Au. Rev. (Garden Spot Village Proj.), Ser. 2013, 5.38%, due 5/1/2028 <br> Pre-Refunded 5/1/2023<br>| &nbsp;&nbsp; 1258971 |
| &nbsp;&nbsp; 5000000 | Leigh Co. Ind. Dev. Au. Poll. Ctrl. Rev. Ref., Ser. 2016-A, 3.00%, due 9/1/2029 | &nbsp;&nbsp; 5083847 |
| &nbsp;&nbsp; 2350000 | &nbsp;&nbsp; Pennsylvania Econ. Dev. Fin. Au. Rev. Ref. (Tapestry Moon Sr. Hsg. Proj.), Ser. 2018-A, 6.75%, due <br> 12/1/2053<br>| &nbsp;&nbsp; 895938<sup>(a)(b)</sup> |
|  |  | **9948653** |
| **Puerto Rico 7.1%** | **Puerto Rico 7.1%** | **Puerto Rico 7.1%** |
| &nbsp;&nbsp; 500000 | Puerto Rico Commonwealth G.O. (Restructured), Ser. 2021-A-1, 4.00%, due 7/1/2046 | &nbsp;&nbsp; 416905 |
| &nbsp;&nbsp; 16373000 | Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev., Ser. 2018-A-1, 5.00%, due 7/1/2058 | &nbsp;&nbsp; 16131477 |
|  |  | **16548382** |
| **Rhode Island 1.0%** | **Rhode Island 1.0%** | **Rhode Island 1.0%** |
| &nbsp;&nbsp; 3045000 | &nbsp;&nbsp; Rhode Island St. Hsg. & Mtge. Fin. Corp. Rev. (Homeownership Opportunity), Ser. 2020-73-A, <br> 2.30%, due 10/1/2040<br>| **2329487** |
| **South Carolina 1.8%** | **South Carolina 1.8%** | **South Carolina 1.8%** |
| &nbsp;&nbsp; 1480000 | &nbsp;&nbsp; South Carolina Jobs Econ. Dev. Au. Econ. Dev. Rev. (River Park Sr. Living Proj.), Ser. 2017-A, 7.75%, <br> due 10/1/2057<br>| &nbsp;&nbsp; 1618674 |
| &nbsp;&nbsp; 2325000 | &nbsp;&nbsp; South Carolina Jobs Econ. Dev. Au. Solid Waste Disp. Rev. (Green Bond-Jasper Pellets LLC, Proj.), <br> Ser. 2018-A, 7.00%, due 11/1/2038<br>| &nbsp;&nbsp; 2208750<sup>(a)(b)</sup> |
| &nbsp;&nbsp; 750000 | &nbsp;&nbsp; South Carolina Jobs Econ. Dev. Au. Solid Waste Disp. Rev. (RePower South Berkeley LLC Proj.), <br> Ser. 2017, 6.25%, due 2/1/2045<br>| &nbsp;&nbsp; 300000<sup>(a)(b)</sup> |
|  |  | **4127424** |
| **Tennessee 0.9%** | **Tennessee 0.9%** | **Tennessee 0.9%** |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; Tennessee St. Energy Acquisition Corp. Gas Rev. (Goldman Sachs Group, Inc.), Ser. 2006-A, 5.25%, <br> due 9/1/2023<br>| **2017213** |
| **Texas 6.2%** | **Texas 6.2%** | **Texas 6.2%** |
| &nbsp;&nbsp; 250000 | Anson Ed. Facs. Corp. Ed. Rev. (Arlington Classics Academy), Ser. 2016-A, 5.00%, due 8/15/2045 | &nbsp;&nbsp; 253724 |
| Arlington Higher Ed. Fin. Corp. Rev. (Universal Academy) |  |  |
| &nbsp;&nbsp; 120000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A, 5.88%, due 3/1/2024  | &nbsp;&nbsp; 121040 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A, 6.63%, due 3/1/2029  | &nbsp;&nbsp; 1020847 |
| &nbsp;&nbsp; 730000 | Austin Comm. College Dist. Pub. Fac. Corp. Lease Rev., Ser. 2018-C, 4.00%, due 8/1/2042 | &nbsp;&nbsp; 732816 |
| &nbsp;&nbsp; 250000 | Dallas Co. Flood Ctrl. Dist. Number 1 Ref. G.O., Ser. 2015, 5.00%, due 4/1/2028 | &nbsp;&nbsp; 250270<sup>(a)</sup> |
| &nbsp;&nbsp; 2000000 | Fort Bend Co. Ind. Dev. Corp. Rev. (NRG Energy, Inc.), Ser. 2012-B, 4.75%, due 11/1/2042 | &nbsp;&nbsp; 1999903 |
| Hale Ctr. Ed. Fac. Corp. Rev. Ref. (Wayland Baptist Univ. Proj.) |  |  |
| &nbsp;&nbsp; 405000 | &nbsp;&nbsp;&nbsp; Ser. 2022, 5.00%, due 3/1/2033  | &nbsp;&nbsp; 441341 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2022, 5.00%, due 3/1/2034  | &nbsp;&nbsp; 1081348 |
| &nbsp;&nbsp; 1825000 | &nbsp;&nbsp;&nbsp; Ser. 2022, 4.00%, due 3/1/2035  | &nbsp;&nbsp; 1791594 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Harris Co. Cultural Ed. Facs. Fin. Corp. Rev. (Brazos Presbyterian Homes, Inc. Proj.), Ser. 2013-B, <br> 5.75%, due 1/1/2028<br>| &nbsp;&nbsp; 1000813 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Texas – cont'd** | **Texas – cont'd** | **Texas – cont'd** |
| New Hope Cultural Ed. Facs. Fin. Corp. Rev. (Beta Academy) |  |  |
| $545000 | &nbsp;&nbsp;&nbsp; Ser. 2019, 5.00%, due 8/15/2039  | $539549<sup>(a)</sup> |
| &nbsp;&nbsp; 520000 | &nbsp;&nbsp;&nbsp; Ser. 2019, 5.00%, due 8/15/2049  | &nbsp;&nbsp; 487360<sup>(a)</sup> |
| &nbsp;&nbsp; 1225000 | &nbsp;&nbsp; New Hope Cultural Ed. Facs. Fin. Corp. Sr. Living Rev. (Bridgemoor Plano Proj.), Ser. 2018-A, 7.25%, <br> due 12/1/2053<br>| &nbsp;&nbsp; 1102500<sup>(b)</sup> |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; New Hope Cultural Ed. Facs. Fin. Corp. Sr. Living Rev. (Cardinal Bay, Inc. Village On The Park <br> Carriage), Ser. 2016-C, 5.50%, due 7/1/2046<br>| &nbsp;&nbsp; 225000 |
| Parkway Utils. Dist. Wtr. & Swr. Sys. Rev. |  |  |
| &nbsp;&nbsp; 495000 | &nbsp;&nbsp;&nbsp; Ser. 2022, (AGM Insured), 3.00%, due 3/1/2033  | &nbsp;&nbsp; 492569 |
| &nbsp;&nbsp; 690000 | &nbsp;&nbsp;&nbsp; Ser. 2022, (AGM Insured), 3.00%, due 3/1/2034  | &nbsp;&nbsp; 682404 |
| &nbsp;&nbsp; 545000 | &nbsp;&nbsp;&nbsp; Ser. 2022, (AGM Insured), 3.00%, due 3/1/2035  | &nbsp;&nbsp; 517400 |
| &nbsp;&nbsp; 625000 | &nbsp;&nbsp; Texas Private Activity Bond Surface Trans. Corp. Sr. Lien Rev. Ref. (North Tarrant Express Managed <br> Lanes Proj.), Ser. 2019-A, 4.00%, due 12/31/2039<br>| &nbsp;&nbsp; 588382 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Texas St. Private Activity Bond Surface Trans. Corp. Rev. (Segment 3C Proj.), Ser. 2019, 5.00%, due <br> 6/30/2058<br>| &nbsp;&nbsp; 1011977 |
|  |  | **14340837** |
| **Utah 3.1%** | **Utah 3.1%** | **Utah 3.1%** |
| Salt Lake City Arpt. Rev. |  |  |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2017-A, 5.00%, due 7/1/2042  | &nbsp;&nbsp; 1038660 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp; Ser. 2017-A, 5.00%, due 7/1/2047  | &nbsp;&nbsp; 2057615 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp; Ser. 2018-A, 5.00%, due 7/1/2043  | &nbsp;&nbsp; 1045068 |
| &nbsp;&nbsp; 3000000 | Salt Lake Co. Hosp. Rev. (IHC Hlth. Svc., Inc.), Ser. 2001, (AMBAC Insured), 5.40%, due 2/15/2028 | &nbsp;&nbsp; 3153279 |
|  |  | **7294622** |
| **Vermont 1.6%** | **Vermont 1.6%** | **Vermont 1.6%** |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Vermont Econ. Dev. Au. Solid Waste Disp. Rev. (Casella Waste Sys., Inc.), Ser. 2022-A-1, 5.00%, due <br> 6/1/2052 Putable 6/1/2027<br>| &nbsp;&nbsp; 1004722<sup>(a)</sup> |
| Vermont Std. Assist. Corp. Ed. Loan Rev. |  |  |
| &nbsp;&nbsp; 1800000 | &nbsp;&nbsp;&nbsp; Ser. 2014-A, 5.00%, due 6/15/2024  | &nbsp;&nbsp; 1843292 |
| &nbsp;&nbsp; 785000 | &nbsp;&nbsp;&nbsp; Ser. 2015-A, 4.13%, due 6/15/2027  | &nbsp;&nbsp; 788641 |
|  |  | **3636655** |
| **Virgin Islands 2.1%** | **Virgin Islands 2.1%** | **Virgin Islands 2.1%** |
| &nbsp;&nbsp; 5000000 | Matching Fund Spec. Purp. Securitization Corp. Ref., Ser. 2022-A, 5.00%, due 10/1/2039 | **4993942** |
| **Virginia 0.9%** | **Virginia 0.9%** | **Virginia 0.9%** |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; Virginia St. Small Bus. Fin. Au. Rev. Ref. (Sr. Lien I-495, Hot Lanes Proj.), Ser. 2022, 5.00%, due <br> 12/31/2047<br>| **2076608** |
| **Washington 4.3%** | **Washington 4.3%** | **Washington 4.3%** |
| &nbsp;&nbsp; 6700000 | Vancouver Downtown Redev. Au. Rev. (Conference Ctr. Proj.), Ser. 2013, 4.00%, due 1/1/2028 | &nbsp;&nbsp; 6745071 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; Washington St. Econ. Dev. Fin. Au. Env. Facs. Rev. (Green Bond), Ser. 2020-A, 5.63%, due <br> 12/1/2040<br>| &nbsp;&nbsp; 997126<sup>(a)</sup> |
| &nbsp;&nbsp; 790000 | &nbsp;&nbsp; Washington St. Hlth. Care Fac. Au. Rev. Ref. (Virginia Mason Med. Ctr.), Ser. 2017, 5.00%, due <br> 8/15/2026<br>| &nbsp;&nbsp; 836292 |
| &nbsp;&nbsp; 1463895 | Washington St. Hsg. Fin. Commission, Ser. 2021-A-1, 3.50%, due 12/20/2035 | &nbsp;&nbsp; 1379547 |
|  |  | **9958036** |
| **Wisconsin 1.7%** | **Wisconsin 1.7%** | **Wisconsin 1.7%** |
| &nbsp;&nbsp; 2000000 | Pub. Fin. Au. Arpt. Fac. Rev. Ref. (Trips Oblig. Group), Ser. 2012-B, 5.00%, due 7/1/2042 | &nbsp;&nbsp; 2005713 |
| &nbsp;&nbsp; 870000 | Pub. Fin. Au. Ed. Rev. (Pine Lake Preparatory, Inc.), Ser. 2015, 4.95%, due 3/1/2030 | &nbsp;&nbsp; 887015<sup>(a)</sup> |
| &nbsp;&nbsp; 200000 | Pub. Fin. Au. Ed. Rev. (Resh Triangle High Sch. Proj.), Ser. 2015-A, 5.38%, due 7/1/2035 | &nbsp;&nbsp; 202220<sup>(a)</sup> |

---

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Wisconsin – cont'd** | **Wisconsin – cont'd** | **Wisconsin – cont'd** |
| $870000 | Pub. Fin. Au. Rev. Ref. (Roseman Univ. Hlth. Sciences Proj.), Ser. 2015, 5.00%, due 4/1/2025 | $875058 |
|  |  | **3970006** |
| **Total Investments 161.6% (Cost $382,726,731)** | **Total Investments 161.6% (Cost $382,726,731)** | **375672325** |
| Other Assets Less Liabilities 1.1% | Other Assets Less Liabilities 1.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2489372 |
| Liquidation Preference of Variable Rate Municipal Term Preferred Shares (62.7%) | Liquidation Preference of Variable Rate Municipal Term Preferred Shares (62.7%) | &nbsp;&nbsp; (145700000) |
| **Net Assets Applicable to Common Stockholders 100.0%** | **Net Assets Applicable to Common Stockholders 100.0%** | **$232461697** |

---

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

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are otherwise restricted and, unless registered under the Securities Act of 1933 or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At January 31, 2023, these securities amounted to $46,411,951, which represents 20.0% of net assets applicable to common stockholders of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Defaulted security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Currently a zero coupon security; will convert to 6.13% on August 1, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Currently a zero coupon security; will convert to 7.30% on August 1, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(e) When-issued security. Total value of all such securities at January 31, 2023 amounted to $253,147, which represents 0.1% of net assets applicable to common stockholders of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Value determined using significant unobservable inputs.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Security fair valued as of January 31, 2023 in accordance with procedures approved by the valuation designee. Total value of all such securities at January 31, 2023 amounted to $140,000, which represents 0.1% of net assets applicable to common stockholders of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(h) Variable rate demand obligation where the stated interest rate is not based on a published reference rate and spread. Rather, the interest rate generally resets daily or weekly and is determined by the remarketing agent. The rate shown represents the rate in effect at January 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Represents less than 0.05% of net assets applicable to common stockholders of the Fund.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of January 31, 2023:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Municipal Notes |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New York | $— | $43502867 | $140000 | $43642867 |
| &nbsp;&nbsp;&nbsp; Other Municipal Notes<sup>#</sup> <br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 332029458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 332029458 |
| Total Municipal Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 375532325 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 375672325 |
| **Total Investments** | **$—** | **$375532325** | **$140000** | **$375672325** |

---

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

# The Schedule of Investments provides a categorization by state/territory. <br> (a) The following is a reconciliation between the beginning and ending balances of investments in which unobservable inputs (Level 3) were used in determining value:

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

See Notes to Schedule of Investments

------

Schedule of Investments Municipal Fund Inc.^ (Unaudited) (cont'd)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 11/1/2022**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases** | **Sales**  | **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**1/31/2023**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**1/31/2023**<br>|
| **Investments in** <br>**Securities:** <br>|  |  |  |  |  |  |  |  |  |  |
| Municipal Notes<sup>(1)</sup> | $140 | $— | $— | $— | $— | $— | $— | $— | $140 | $— |
| **Total** | **$140** | **$—** | **$—** | **$—** | **$—** | **$—** | **$—** | **$—** | **$140** | **$—** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>Quantitative Information about Level 3 Fair Value Measurements: |
| **Investment type** | **Fair value** <br>**at** <br>**1/31/2023**<br>| &nbsp;&nbsp; **Valuation** <br>**approach**<br>| &nbsp;&nbsp; **Unobservable** <br>**input(s)**<br>| &nbsp;&nbsp; **Input value/** <br>**range**<br>| &nbsp;&nbsp; **Weighted** <br>**average**<sup>(a)</sup><br>| **Impact to** <br>**valuation** <br>**from** <br>**increase** <br>**in input**<sup>(b)</sup><br>|
| Municipal Notes | $140000 | Market Approach | Recovery Value | 10.00 | 10.00 | Increase |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. |

---

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

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

January 31, 2023

Notes to Schedule of Investments Municipal Fund Inc. (Unaudited)

In accordance with Accounting Standards Codification 820 "Fair Value Measurement" ("ASC 820"), all investments held by Neuberger Berman Municipal Fund Inc. (the "Fund") are carried at the value that Management believes the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in valuing the Fund's investments, some of which are discussed below. At times, Management may need to apply significant judgment to value investments in accordance with ASC 820.

ASC 820 established a three-tier hierarchy of inputs to create a classification of value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – unadjusted quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

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

The value of the Fund's investments in municipal notes is determined by Management primarily by obtaining valuations from independent pricing services based on bid quotations, or if quotations are not available, by methods which include various considerations such as yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions (generally Level 2 inputs). Other Level 2 and 3 inputs used by independent pricing services to value municipal notes include current trades, bid-wanted lists (which inform the market that a holder is interested in selling a position and that offers will be considered), offerings, general information on market movement, direction, trends, appraisals, bid offers and specific data on specialty issues.

Management has developed a process to periodically review information provided by independent pricing services for all types of securities.

If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount the Fund might reasonably expect to receive on a current sale in an orderly transaction, Management seeks to obtain quotations from brokers or dealers (generally considered Level 2 or Level 3 inputs depending on the number of quotes available). If such quotations are not available, the security is valued using methods Management has approved in the good-faith belief that the resulting valuation will reflect the fair value of the security. Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, the Fund's Board of Directors designated Management as the Fund's valuation designee. As the Fund's valuation designee, Management is responsible for determining fair value in good faith for any and all Fund investments. Inputs and assumptions considered in determining the fair value of a security based on Level 2 or Level 3 inputs may include, but are not limited to, the type of the security; the initial cost of the security; the existence of any contractual restrictions on the security's disposition; the price and extent of public trading in similar securities of the issuer or of comparable companies; quotations or evaluated prices from broker-dealers and/or pricing services; information obtained from the issuer and/or analysts; an analysis of the company's or issuer's financial statements; an evaluation of the inputs that influence the issuer and the market(s) in which the security is purchased and sold.

Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or next trades.

For information on the Fund's significant accounting policies, please refer to the Fund's most recent stockholder reports.

------

Notes to Schedule of Investments Municipal Fund Inc. (Unaudited) (cont'd)

**Other Matters:** 

**Coronavirus**: The outbreak of the novel coronavirus in many countries has, among other things, disrupted global travel and supply chains, and adversely impacted global commercial activity, the transportation industry and commodity prices in the energy sector. The impact of this virus has negatively affected and may continue to affect the economies of many nations, individual companies and the global securities and commodities markets, including liquidity and volatility. The development and fluidity of this situation precludes any prediction as to its ultimate impact, which may have a continued adverse effect on global economic and market conditions. Such conditions (which may be across industries, sectors or geographies) have impacted and may continue to impact certain issuers of the securities held by the Fund and in turn, may impact the financial performance of the Fund.

**Russia's Invasion of Ukraine:** Russia's invasion of Ukraine, and corresponding events in late February 2022, have had, and could continue to have, severe adverse effects on regional and global economic markets for securities and commodities. Following Russia's actions, various governments, including the United States, have issued broad-ranging economic sanctions against Russia. The current events have had, and could continue to have, an adverse effect on global markets performance and liquidity, thereby negatively affecting the value of the Fund's investments beyond any direct exposure to Russian or Ukrainian issuers. The duration of ongoing hostilities and the vast array of sanctions and related events cannot be predicted. Those events present material uncertainty and risk with respect to markets globally and the performance of the Fund and its investments or operations could be negatively impacted.

For information on the Fund's significant accounting policies, please refer to the Fund's most recent stockholder reports.

------

Notes to Schedule of Investments Municipal Fund Inc. (Unaudited) (cont'd)

Legend

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

---

| | |
|:---|:---|
| **Other Abbreviations:**  | **Other Abbreviations:**  |
| Management | = Neuberger Berman Investment Advisers LLC |

---

For information on the Fund's significant accounting policies, please refer to the Fund's most recent stockholder reports.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Neuberger Berman Municipal Fund Inc.

- **b. Investment Company Act file number:** 811-21168

- **c. CIK number of Registrant:** 0001178839

- **d. LEI of Registrant:** 549300IIZWX8QVUHXO20

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

  - **Street Address 1:** 1290 AVENUE OF THE AMERICAS

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10104

  - **Telephone number:** 212-476-8800

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

- **a. Name of Series:** Neuberger Berman Municipal Fund Inc.

- **c. LEI of Series:** 549300IIZWX8QVUHXO20

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $379960997.82

**Total Liabilities:** $147499300.35

**Net Assets:** $232461697.47

**Delayed Delivery Securities:** $245592.50

**Cash Not Reported:** $2664.06

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1265.92000000 | **1-Year:** -10761.30000000 | **5-Year:** -39107.90000000 | **10-Year:** -55517.35000000 | **30-Year:** -23424.53000000

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

- **3-Month:** -380.65000000 | **1-Year:** -4191.85000000 | **5-Year:** -14160.12000000 | **10-Year:** -28990.19000000 | **30-Year:** -16573.39000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 16.19%               | -6.09%               | 8.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-33706.80               | $16091091.22                               |
| Month 2  | $-39772.16               | $-2966303.93                               |
| Month 3  | $-226.96                 | $11794885.49                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Village Community Development District No 11                                     | VLG CDD #11 FL SPL ASSMNT REVENUE                            | CUSIP: 92708EAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $845385.35    | 0.36%             | 2029-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCE5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1990650.60   | 0.86%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EPS9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    825000 | PA      | $831984.29    | 0.36%             | 2049-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443BQ8<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017212.80   | 0.87%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504189.40    | 0.22%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RYZ8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    750000 | PA      | $753401.03    | 0.32%             | 2029-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSD9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1334070.24   | 0.57%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461364J7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019975.90   | 0.44%             | 2037-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1463895 | PA      | $1379547.32   | 0.59%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HRX1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1477353.53   | 0.64%             | 2025-07-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Department of Veterans Affairs Veteran's Farm & Home Purchase Program            | CALIFORNIA ST DEPT OF VETERANS AFFAIRS HOME PURCHASE REVENUE | CUSIP: 130658NF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2444943.69   | 1.05%             | 2028-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HRZ6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    765000 | PA      | $770095.13    | 0.33%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57583UC89<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201670.82    | 0.09%             | 2024-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE              | CUSIP: 924157AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004721.60   | 0.43%             | 2052-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE            | CUSIP: 64542QBF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $487359.65    | 0.21%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | CUSIP: 130536QU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $47000.00     | 0.02%             | 2027-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PLZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $895937.50    | 0.39%             | 2053-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Navajo Nation                                                                    | NAVAJO NATION AZ                                             | CUSIP: 639185AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2308787.55   | 0.99%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486UF4<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255953.08    | 0.11%             | 2027-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | STHRN IL UNIV COPS                                           | CUSIP: 843142BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1403740.80   | 0.60%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935E6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2972028.60   | 1.28%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hale Center Education Facilities Corp                                            | HALE CENTER TX EDU FACS CORP REVENUE                         | CUSIP: 405423BV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1791594.11   | 0.77%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253146.85    | 0.11%             | 2043-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Victor Valley Community College District                                         | VICTOR VLY CA CMNTY CLG DIST                                 | CUSIP: 92603PDN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9070000 | PA      | $11170030.61  | 4.81%             | 2037-08-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE              | CUSIP: 13049YFR7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    275000 | PA      | $214238.20    | 0.09%             | 2054-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TEU6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    500000 | PA      | $386054.40    | 0.17%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cityplace Community Development District                                         | CITYPLACE FL CDD SPL ASSMNT REVENUE                          | CUSIP: 17877SAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037688.50   | 0.45%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12955000 | PA      | $12352817.92  | 5.31%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas County Flood Control District No 1                                        | DALLAS CNTY TX FLOOD CONTROL DIST                            | CUSIP: 234662DU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250270.45    | 0.11%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI ARPT FACS REVENUE                         | CUSIP: 74443CAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005712.80   | 0.86%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norwalk-La Mirada Unified School District                                        | NORWALK-LA MIRADA CA UNIF SCH DIST                           | CUSIP: 669096RU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6657793.33   | 2.86%             | 2029-08-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Parkway Utility District                                                         | PARKWAY TX UTILITY DIST                                      | CUSIP: 701600PZ5<br>LEI: 549300CWCUKSPWG3JB84 | Long             | DBT              | MUN               | US        |    545000 | PA      | $517399.51    | 0.22%             | 2035-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp                                                  | VERMONT ST STUDENT ASSISTANCECORP EDU LOAN REVENUE           | CUSIP: 92428CJY1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    785000 | PA      | $788640.83    | 0.34%             | 2027-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Cook County School District No 83 Mannheim                                       | COOK CNTY IL SCH DIST #83                                    | CUSIP: 214075EW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2010817.31   | 0.87%             | 2031-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Phoenix-Mesa Gateway Airport Authority                                           | PHOENIX-MESA GATEWAY ARPT AUTHAZ SPL FAC REVENUE             | CUSIP: 71910EAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400720.28    | 0.17%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1349573.42   | 0.58%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE        | CUSIP: 852297CM0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    400000 | PA      | $394074.88    | 0.17%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57583UD21<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201506.14    | 0.09%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486E21<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003758.30   | 0.43%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                 | TULSA OK ARPTS IMPT TRUST                                    | CUSIP: 899647PK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256161.50    | 0.11%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHRT SCH LEASE REVENUE           | CUSIP: 130486AG8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    420000 | PA      | $425268.35    | 0.18%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redondo Beach Unified School District                                            | REDONDO BEACH CA UNIF SCH DIST                               | CUSIP: 757710HW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5716507.50   | 2.46%             | 2034-08-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Berwyn IL                                                                | BERWYN IL                                                    | CUSIP: 086257MQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5705000 | PA      | $5759195.79   | 2.48%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $854637.30    | 0.37%             | 2053-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HRY9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1528380.67   | 0.66%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500335.30    | 0.22%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16373000 | PA      | $16131476.97  | 6.94%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FDH7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    940000 | PA      | $936714.14    | 0.40%             | 2024-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                 | PORT AUTH OF GTR CINCINNATI DEV AUTH OH REVENUE              | CUSIP: 73357CAA7<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3494517.95   | 1.50%             | 2023-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EGE0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1104112.46   | 0.47%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anson Education Facilities Corp                                                  | ANSON TX EDU FACS CORP EDU REVENUE                           | CUSIP: 036472AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253723.50    | 0.11%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP REVENUE                     | CUSIP: 424682GA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $755544.43    | 0.33%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UAX6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3165508.32   | 1.36%             | 2027-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE    | CUSIP: 83704DAF3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2208750.00   | 0.95%             | 2038-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                            | UTILITY DEBT SECURITIZATION AUTH NY                          | CUSIP: 91802RAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042604.40   | 0.88%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z55<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508573.80    | 0.22%             | 2025-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EGK6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    975000 | PA      | $953148.30    | 0.41%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Austin Community College District Public Facility Corp                           | AUSTIN TX CMNTY CLG DIST PUBLIC FAC CORP LEASE REVENUE       | CUSIP: 052405FJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $732815.61    | 0.32%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                           | UNIV OF ILLINOIS IL REVENUES                                 | CUSIP: 914353D61<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2934546.71   | 1.26%             | 2028-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE    | CUSIP: 83704DAC0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    750000 | PA      | $300000.00    | 0.13%             | 2045-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | STHRN IL UNIV COPS                                           | CUSIP: 843142BV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $729577.35    | 0.31%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461365Q0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $6892628.65   | 2.97%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | DIRECTOR OF THE ST OF NEVADA DEPT OF BUSINESS & INDUSTRIAL   | CUSIP: 25490LAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $653218.14    | 0.28%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628CJD5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    675243 | PA      | $597882.46    | 0.26%             | 2043-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z63<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509527.95    | 0.22%             | 2026-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $121040.27    | 0.05%             | 2024-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP REVENUE                     | CUSIP: 424682FZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $705637.45    | 0.30%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Economic Development Finance Authority                                | WASHINGTON ST ECON DEV FIN AUTH ENVRNMNYL FACS REVENUE       | CUSIP: 93975YAH4<br>LEI: 549300TQ7IXFA28IYO51 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997126.10    | 0.43%             | 2040-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Parkway Utility District                                                         | PARKWAY TX UTILITY DIST                                      | CUSIP: 701600PY8<br>LEI: 549300CWCUKSPWG3JB84 | Long             | DBT              | MUN               | US        |    690000 | PA      | $682404.41    | 0.29%             | 2034-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935F3<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3766790.72   | 1.62%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615KM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2236886.20   | 0.96%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                | UPPER IL RIVER VLY DEV AUTH                                  | CUSIP: 91588XAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1366359.75   | 0.59%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BBU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1540480.04   | 0.66%             | 2051-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461364H1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1342354.38   | 0.58%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521748.75    | 0.22%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HSE6<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    790000 | PA      | $836291.95    | 0.36%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHREVENUE                         | CUSIP: 546398T99<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    775000 | PA      | $784318.83    | 0.34%             | 2028-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE  | CUSIP: 13054WAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4010392.89   | 1.73%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                 | TULSA OK ARPTS IMPT TRUST                                    | CUSIP: 899647PL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $411761.48    | 0.18%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FL INDL DEVAUTH HOSP REVENUE               | CUSIP: 43233AFE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6441204.00   | 2.77%             | 2055-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011977.20   | 0.44%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                       | LANCASTER PA INDL DEV AUTH                                   | CUSIP: 514349CU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1258970.75   | 0.54%             | 2028-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBZ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $993644.86    | 0.43%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Victor Valley Union High School District                                         | VICTOR VLY CA UNION HIGH SCH DIST                            | CUSIP: 926055GS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5095000 | PA      | $4647267.19   | 2.00%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City School District/CA                                         | SAN MATEO CA FOSTER CITY SCH DIST                            | CUSIP: 799055LR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6951909.60   | 2.99%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AH91<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2667385.80   | 1.15%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AH83<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $7586857.75   | 3.26%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $588381.63    | 0.25%             | 2039-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp                                | MATCHING FUND SPL PURPOSE SECURITIZTN CORP                   | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4993942.00   | 2.15%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57583UC97<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    415000 | PA      | $417984.35    | 0.18%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE            | CUSIP: 64542QBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $539549.07    | 0.23%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RKD0<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    860000 | PA      | $860568.03    | 0.37%             | 2026-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2084338.80   | 0.90%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL SENIOR LIVING REVENUE                   | CUSIP: 140542BV2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    800000 | PA      | $24000.00     | 0.01%             | 2053-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WB9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2168872.69   | 0.93%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Hale Center Education Facilities Corp                                            | HALE CENTER TX EDU FACS CORP REVENUE                         | CUSIP: 405423BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $441341.26    | 0.19%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GMJ0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.22%             | 2049-06-15      | Floating      | 1.20%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority/OH                                               | JEFFERSON CNTY OH PORT AUTH ECECON DEV REVENUE               | CUSIP: 473318AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $723813.30    | 0.31%             | 2051-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | CUSIP: 130536RK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $49450.66     | 0.02%             | 2039-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153AW9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    775000 | PA      | $796748.83    | 0.34%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE              | CUSIP: 13049YBN0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024894.60   | 0.87%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial Community College District                                              | IMPERIAL CA CMNTY CLG DIST                                   | CUSIP: 452641EV1<br>LEI: 549300VO268A8SG7J029 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2213550.80   | 0.95%             | 2040-08-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031WQ2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1618674.22   | 0.70%             | 2057-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Vancouver Downtown Redevelopment Authority                                       | VANCOUVER WA DOWNTOWN REDEV AUTH REVENUE                     | CUSIP: 921624BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $6745070.90   | 2.90%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143CT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1708594.69   | 0.74%             | 2026-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Plaza Metropolitan District No 1                                                 | PLAZA CO MET DIST #1 REVENUE                                 | CUSIP: 72818QAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2546379.26   | 1.10%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH      | CUSIP: 5462825J9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1677451.96   | 0.72%             | 2032-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Parkway Utility District                                                         | PARKWAY TX UTILITY DIST                                      | CUSIP: 701600PX0<br>LEI: 549300CWCUKSPWG3JB84 | Long             | DBT              | MUN               | US        |    495000 | PA      | $492569.15    | 0.21%             | 2033-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PAS4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    870000 | PA      | $875058.44    | 0.38%             | 2025-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152G54<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4340179.90   | 1.87%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045J46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2709897.35   | 1.17%             | 2030-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHARTER SCH REVENUE              | CUSIP: 13048DBN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503406.35    | 0.22%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EGG5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    835000 | PA      | $838799.58    | 0.36%             | 2029-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBN7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1784230.70   | 0.77%             | 2029-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CAG6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    685000 | PA      | $688175.87    | 0.30%             | 2023-09-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDK0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1658381.60   | 0.71%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760003.35    | 0.33%             | 2048-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EBY1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99971.69     | 0.04%             | 2023-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486SP5<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    700000 | PA      | $704756.36    | 0.30%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Winrock Town Center Tax Increment Development District No 1                      | WINROCK TOWN CENTER NM TAX INCR DEV DIST #1                  | CUSIP: 97535RAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1275402.45   | 0.55%             | 2040-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104QJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076607.60   | 0.89%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE | CUSIP: 64542PEQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1102500.00   | 0.47%             | 2053-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461364K4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4071319.20   | 1.75%             | 2038-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RC25<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1427515.65   | 0.61%             | 2045-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHRT SCH LEASE REVENUE           | CUSIP: 130486AP8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    430000 | PA      | $432862.98    | 0.19%             | 2029-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Summit Academy/MI                                                                | SUMMIT ACADEMY MI PUBLIC SCH ACADEMY REVENUE                 | CUSIP: 86589HAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $91005.86     | 0.04%             | 2035-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EBE9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202219.64    | 0.09%             | 2035-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57583UD39<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    190000 | PA      | $191443.77    | 0.08%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yonkers Industrial Development Agency                                            | YONKERS NY INDL DEV AGY SCH FAFAC REV                        | CUSIP: 986094BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3298970.40   | 1.42%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Hamden CT                                                                | HAMDEN CT                                                    | CUSIP: 406792W98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $752424.15    | 0.32%             | 2025-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHRT SCH LEASE REVENUE           | CUSIP: 130486AL7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    310000 | PA      | $311639.71    | 0.13%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS DEPT MF REVENUE                   | CUSIP: 68608EMT6<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30005.72     | 0.01%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lehigh County Industrial Development Authority                                   | LEHIGH CNTY PA INDL DEV AUTH                                 | CUSIP: 524808BY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5083847.00   | 2.19%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                           | UNIV OF ILLINOIS IL REVENUES                                 | CUSIP: 914353D53<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2767014.05   | 1.19%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ECA2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1408590.90   | 0.61%             | 2043-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Industrial Development Corp                                     | FORT BEND CNTY TX INDL DEV CORP                              | CUSIP: 346786AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999902.60   | 0.86%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Jefferson County Industrial Development Agency                                   | JEFFERSON CNTY NY INDL DEV AGY SOL WST DISP REVENUE          | CUSIP: 473300AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $140000.00    | 0.06%             | 2024-01-01      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| Southern Illinois University                                                     | STHRN IL UNIV COPS                                           | CUSIP: 843142BT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $965239.35    | 0.42%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TBG0<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    600000 | PA      | $560056.50    | 0.24%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                             | GUAM PWR AUTH REVENUE                                        | CUSIP: 400653KA8<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102563.20   | 0.47%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | CUSIP: 130536RG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1242048.45   | 0.53%             | 2040-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BLQ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905393.00    | 0.39%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207C94<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   3590000 | PA      | $2673631.32   | 1.15%             | 2040-07-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Wiseburn School District                                                         | WISEBURN CA SCH DIST                                         | CUSIP: 977266HX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3170405.10   | 1.36%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Norwalk-La Mirada Unified School District                                        | NORWALK-LA MIRADA CA UNIF SCH DIST                           | CUSIP: 669096QB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3477222.49   | 1.50%             | 2024-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE | CUSIP: 64542PCL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $225000.00    | 0.10%             | 2046-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sweetwater Union High School District Public Financing Authority                 | SWEETWATER CA UN HIGH SCH DIST PUB FING AUTH REVENUE         | CUSIP: 870474AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2067489.61   | 0.89%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | NEW YORK CITY NY INDL DEV AGY REVENUE                        | CUSIP: 64971PKM6<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3016900.80   | 1.30%             | 2049-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | DIRECTOR OF THE ST OF NEVADA DEPT OF BUSINESS & INDUSTRIAL   | CUSIP: 25490LAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494986.05    | 0.21%             | 2045-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SCH REVENUE                      | CUSIP: 645912FY7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    725000 | PA      | $682385.95    | 0.29%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 13                                     | VLG FL CDD #13 SPL ASSMNT REVENUE                            | CUSIP: 92708HAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $752925.52    | 0.32%             | 2050-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI DEV BK SPL OBLIG                                 | CUSIP: 60534XKC9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1548649.17   | 0.67%             | 2036-11-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5577431.08   | 2.40%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Villages at Castle Rock Metropolitan District No 6                               | VLGS AT CASTLE ROCK CO MET DIST #6                           | CUSIP: 92706LAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5333333 | PA      | $1693464.43   | 0.73%             | 2037-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                        | SAN BERNARDINO CA CMNTY CLG DIST                             | CUSIP: 796720GE4<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2113258.20   | 0.91%             | 2034-08-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHRT SCH LEASE REVENUE           | CUSIP: 130486AK9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    630000 | PA      | $639713.34    | 0.28%             | 2029-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $416905.40    | 0.18%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Department of Budget & Finance                                   | HAWAII ST DEPT OF BUDGET & FIN SPL PURPOSE REVENUE           | CUSIP: 419800LZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1832070.60   | 0.79%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486VN6<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019275.90   | 0.44%             | 2040-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EBC3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    870000 | PA      | $887014.94    | 0.38%             | 2030-03-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Detroit Downtown Development Authority                                           | DETROIT MI DOWNTOWN DEV AUTH TAX INCREMENT REVENUE           | CUSIP: 251135GS2<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511232.30   | 0.65%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080PB1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1115614.37   | 0.48%             | 2026-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576FX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038660.30   | 0.45%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2473873.50   | 1.06%             | 2061-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486ZY8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3196243.80   | 1.37%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12665000 | PA      | $1594590.62   | 0.69%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HRW3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1426377.50   | 0.61%             | 2024-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153AU3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2078798.88   | 0.89%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                               | ASHLAND KY MED CENTER REVENUE                                | CUSIP: 044293CB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1132519.19   | 0.49%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152MN8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3903289.65   | 1.68%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Orange County Community College District/CA                                | N ORANGE CNTY CA CMNTY CLG DIST                              | CUSIP: 661334GN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032287.00   | 0.87%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YKG0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    380000 | PA      | $383805.55    | 0.17%             | 2023-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Suffolk County Judicial Facilities Agency                                        | SUFFOLK CNTY NY JUDICIAL FACS AGY LEASE REVENUE              | CUSIP: 864744AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1171281.80   | 0.50%             | 2026-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045067.50   | 0.45%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RB91<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054803.00   | 0.45%             | 2035-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP REVENUE                     | CUSIP: 424682JN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $418587.74    | 0.18%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County School District No 83 Mannheim                                       | COOK CNTY IL SCH DIST #83                                    | CUSIP: 214075EV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1384449.98   | 0.60%             | 2030-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GGE6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2350193.36   | 1.01%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152SQ5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009048.30   | 0.43%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government                                  | WYANDOTTE CNTY/KANS CITY KANUNI GOVT                         | CUSIP: 98267AGL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1496969.40   | 0.64%             | 2023-04-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 649907UC4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3234402.24   | 1.39%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Higher Education Loan Authority                                             | IOWA ST HGR EDU LOAN AUTH                                    | CUSIP: 4624606Y7<br>LEI: 549300DWVTM3KRNR0M36 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1189017.13   | 0.51%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Department of Veterans Affairs Veteran's Farm & Home Purchase Program            | CALIFORNIA ST DEPT OF VETERANS AFFAIRS HOME PURCHASE REVENUE | CUSIP: 130658NE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2146000.72   | 0.92%             | 2028-06-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153AT6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2894747.70   | 1.25%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009HG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000813.40   | 0.43%             | 2028-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ENJ1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    250000 | PA      | $237501.03    | 0.10%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sumter County Industrial Development Authority/AL                                | SUMTER CNTY AL INDL DEV AUTH EXEMPT FACS REVENUE             | CUSIP: 86651LAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $687573.68    | 0.30%             | 2052-07-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DISTRICT OF COLUMBIA STUDENT DORM REVENUE                    | CUSIP: 25483WAK8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    650000 | PA      | $641280.32    | 0.28%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                  | CUSIP: 649883D28<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003950.40   | 0.86%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SCH REVENUE                      | CUSIP: 645912FX9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1052103.98   | 0.45%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ELQ7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1160187.32   | 0.50%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048TSB0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    585000 | PA      | $598708.13    | 0.26%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063DP69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6554376.80   | 2.82%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TDB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $292480.56    | 0.13%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WH6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $918072.40    | 0.39%             | 2041-06-01      | Floating      | 2.60%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $233238.42    | 0.10%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152667.12    | 0.07%             | 2024-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK ST SCH FUND APP | CUSIP: 13034JDE8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    905000 | PA      | $906123.92    | 0.39%             | 2024-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY SOL WST DISP REVENUE              | CUSIP: 12008HAB5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    425000 | PA      | $431319.11    | 0.19%             | 2025-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YQK5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    700000 | PA      | $685039.18    | 0.29%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $639133.69    | 0.27%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                     | RHODE ISLAND ST HSG & MTGE FIN CORP                          | CUSIP: 76221RH22<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $2329487.12   | 1.00%             | 2040-10-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp                                                  | VERMONT ST STUDENT ASSISTANCECORP EDU LOAN REVENUE           | CUSIP: 92428CJC9<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1843292.16   | 0.79%             | 2024-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RB83<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    805000 | PA      | $819706.95    | 0.35%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Salt Lake UT                                                           | SALT LAKE CNTY UT HOSP REVENUE                               | CUSIP: 795677AF0<br>LEI: 5493006VYRFL1AI6GT29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3153278.40   | 1.36%             | 2028-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                 | SAINT JOHN THE BAPTIST PARISH LA REVENUE                     | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $798550.96    | 0.34%             | 2037-06-01      | Floating      | 2.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE             | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $455019.85    | 0.20%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EA32<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994430.20    | 0.43%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020847.50   | 0.44%             | 2029-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $604092.00    | 0.26%             | 2045-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Sacramento City Financing Authority                                              | SACRAMENTO CA CITY FING AUTH                                 | CUSIP: 785849VB3<br>LEI: 549300D8GE38KYE3NW14 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4446103.60   | 1.91%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EEX2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1703510.17   | 0.73%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                    | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                  | CUSIP: 02936TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1792138.13   | 0.77%             | 2029-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048TWJ8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    570000 | PA      | $582421.38    | 0.25%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486UD9<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2047698.20   | 0.88%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2057615.40   | 0.89%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hale Center Education Facilities Corp                                            | HALE CENTER TX EDU FACS CORP REVENUE                         | CUSIP: 405423BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081347.80   | 0.47%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** Neuberger Berman Municipal Fund Inc.

**Signature:** John McGovern

**Name of Signer:** John McGovern

**Title:** Treasurer