# EDGAR Filing Document

**Accession Number:** 0000798737
**File Stem:** 0001410368-25-018011
**Filing Date:** 2025-10
**Character Count:** 287734
**Document Hash:** b85a41be533bd08dd18c1f4e04f486c8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-018011.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0001410368-25-018011

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB MUNICIPAL INCOME FUND, INC.
- **CENTRAL INDEX KEY:** 0000798737

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04791
- **FILM NUMBER:** 251419623

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN MUNICIPAL INCOME FUND INC
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND INC/NY/
- **DATE OF NAME CHANGE:** 20010629

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND INC/NY
- **DATE OF NAME CHANGE:** 20010629

## Series and Classes Contracts Data

### AB California Portfolio (Series ID: S000010348)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028619 | Class A       | ALCAX           |
| C000028621 | Class C       | ACACX           |
| C000069624 | Advisor Class | ALCVX           |

## Nport-Ex

**AB Municipal Income Fund, Inc.** 

**AB California Portfolio** 

**Portfolio of Investments** 

**August 31, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 98.5%** |  |  |
|  **Long-Term Municipal Bonds – 96.1%** |  |  |
|  **California – 92.2%** |  |  |
|  Alameda Corridor Transportation Authority<br> (Alameda Corridor Transportation Authority)<br>Series 2022-A<br>0.00%, 10/01/2047<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17955 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10184478 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>Zero Coupon, 10/01/2053 | 2000 | 474609 |
|  Bakersfield City School District<br> (Bakersfield City School District)<br>BAM Series 2012-C<br>0.00%, 05/01/2047<sup>(a)</sup> | 9155 | 6711855 |
|  Bay Area Toll Authority<br> (Bay Area Toll Authority)<br>Series 2021<br>3.03% (MUNIPSA + 0.30%), 04/01/2056<sup>(b)</sup> | 2000 | 1957992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.14% (MUNIPSA + 0.41%), 04/01/2056<sup>(b)</sup> | 14800 | 14303852 |
|  Burbank-Glendale-Pasadena Airport Authority Brick Campaign<br> (Burbank-Glendale-Pasadena Airport Authority Brick Campaign)<br>Series 2024-B<br>5.25%, 07/01/2044 | 3000 | 3065388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2049 | 9000 | 9119894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2054 | 10000 | 10091085 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024-B<br>4.00%, 07/01/2039 | 1150 | 1080352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/2054 | 2000 | 1800338 |
|  California Community Choice Financing Authority<br> (American General Life Insurance)<br>Series 2023-D<br>5.50%, 05/01/2054 | 5000 | 5298326 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 08/01/2055 | 8600 | 9136400 |
|  California Community Choice Financing Authority<br> (Athene Annuity & Life Co.)<br>Series 2024<br>5.00%, 01/01/2055 | 12000 | 12525152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2055 | 10000 | 10426651 |
|  California Community Choice Financing Authority<br> (Deutsche Bank AG)<br>Series 2023<br>5.25%, 01/01/2054 | 10375 | 10908345 |
|  California Community Choice Financing Authority<br> (Goldman Sachs Group)<br>Series 2021<br>4.00%, 10/01/2052 | 5745 | 5836448 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 12/01/2053 | 8650 | 9109930 |
|  California Community Choice Financing Authority<br> (Morgan Stanley)<br>Series 2021-B<br>4.00%, 02/01/2052 | 4000 | 4017098 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>4.00%, 05/01/2053 | 3675 | 3720544 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>4.565% (SOFR + 1.63%), 07/01/2053<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5021366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.605% (SOFR + 1.67%), 02/01/2054<sup>(b)</sup> | 5000 | 5020937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2054 | 12500 | 13290540 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 02/01/2055 | 4700 | 5036596 |
|  California Community Choice Financing Authority<br> (New York Life Insurance)<br>Series 2024<br>5.00%, 01/01/2056 | 12265 | 13332370 |
|  California Community Choice Financing Authority<br> (Pacific Life Insurance)<br>Series 2024-F<br>5.00%, 02/01/2055 | 5020 | 5399310 |
|  California Community Choice Financing Authority<br> (Royal Bank of Canada)<br>Series 2024<br>5.00%, 02/01/2055 | 10000 | 10766287 |
|  California Community College Financing Authority<br> (NCCD-Orange Coast Properties)<br>Series 2018<br>5.25%, 05/01/2043 | 3600 | 3654382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2048 | 2750 | 2781434 |
|  California Community Housing Agency<br> (California Community Housing Agency Aster Apartments)<br>Series 2021-A<br>4.00%, 02/01/2056<sup>(c)</sup> | 1000 | 791988 |
|  California Community Housing Agency<br> (California Community Housing Agency Brio Apartments & Next on Lex Apartments)<br>Series 2021<br>4.00%, 02/01/2056<sup>(c)</sup> | 2000 | 1537424 |
|  California Community Housing Agency<br> (California Community Housing Agency Fountains at Emerald Park)<br>Series 2021<br>3.00%, 08/01/2056<sup>(c)</sup> | 1000 | 635719 |
|  California Community Housing Agency<br> (California Community Housing Agency Summit at Sausalito Apartments)<br>Series 2021<br>3.00%, 02/01/2057<sup>(c)</sup> | 2000 | 1275575 |
|  California County Tobacco Securitization Agency<br> (Los Angeles County Securitization)<br>Series 2020-A<br>4.00%, 06/01/2049 | 7155 | 5878582 |
|  California Earthquake Authority<br> (California Earthquake Authority)<br>Series 2022-A<br>5.603%, 07/01/2027 | 1470 | 1491049 |
|  California Educational Facilities Authority<br> (Art Center College of Design)<br>Series 2018-A<br>5.00%, 12/01/2037 | 1265 | 1279980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2044 | 6885 | 6631954 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Educational Facilities Authority<br> (Loma Linda University)<br>Series 2017-A<br>5.00%, 04/01/2047 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3890256 |
|  California Educational Facilities Authority<br> (Prerefunded - US Treasuries)<br>Series 2015<br>5.00%, 11/01/2031 | 2000 | 2008347 |
|  California Educational Facilities Authority<br> (St. Mary's College of California)<br>Series 2023<br>5.25%, 10/01/2044 | 2100 | 2000023 |
|  California Educational Facilities Authority<br> (University of Redlands)<br>Series 2022-A<br>5.00%, 10/01/2044 | 2500 | 2423251 |
|  California Educational Facilities Authority<br> (University of the Pacific)<br>Series 2023<br>4.25%, 11/01/2048 | 3230 | 2930164 |
|  California Enterprise Development Authority<br> (Heights Christian Schools)<br>Series 2023<br>6.25%, 06/01/2053<sup>(c)</sup> | 1920 | 1755365 |
|  California Enterprise Development Authority<br> (Real Journey Academies Obligated Group)<br>Series 2024-A<br>5.00%, 06/01/2064<sup>(c)</sup> | 5000 | 4316717 |
|  California Enterprise Development Authority<br> (Rocketship Education Obligated Group)<br>Series 2022<br>4.00%, 06/01/2042<sup>(c)</sup> | 1000 | 802520 |
|  California Enterprise Development Authority<br> (Rocklin Academy/The)<br>Series 2021<br>4.00%, 06/01/2051<sup>(c)</sup> | 1875 | 1438629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2061<sup>(c)</sup> | 840 | 615950 |
|  California Health Facilities Financing Authority<br> (Adventist Health System/West Obligated Group)<br>Series 2024<br>5.00%, 12/01/2034 | 2245 | 2411485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2036 | 4250 | 4455082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2039 | 1500 | 1526079 |
|  California Health Facilities Financing Authority<br> (Children's Hospital Los Angeles)<br>Series 2017-A<br>5.00%, 08/15/2035 | 1365 | 1375572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2036 | 3000 | 3014810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2042 | 2000 | 1931859 |
|  California Housing Finance Agency<br> (CAHFA 2019-2)<br>Series 2019-2, Class A<br>4.00%, 03/20/2033 | 7087 | 7183984 |
|  California Housing Finance Agency<br> (CAHFA 2021-1)<br>Series 2021-1, Class A<br>3.50%, 11/20/2035 | 6846 | 6456187 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Housing Finance Agency<br> (CAHFA 2021-2)<br>Series 2021-2, Class A<br>3.75%, 03/25/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6146 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6141633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class X<br>0.825%, 03/25/2035<sup>(d)</sup> | 2837 | 114257 |
|  California Housing Finance Agency<br> (CAHFA 2021-3)<br>Series 2021-3, Class A<br>3.25%, 08/20/2036 | 1880 | 1765165 |
|  California Housing Finance Agency<br> (CAHFA 2023-1)<br>Series 2023-1, Class A<br>4.375%, 09/20/2036 | 1960 | 1966483 |
|  California Infrastructure & Economic Development Bank<br> (California Academy of Sciences)<br>Series 2024<br>3.25%, 08/01/2029 | 4750 | 4818087 |
|  California Infrastructure & Economic Development Bank<br> (Equitable School Revolving Fund Obligated Group)<br>Series 2024<br>5.00%, 11/01/2049 | 3250 | 3137079 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2054 | 4500 | 4285177 |
|  California Infrastructure & Economic Development Bank<br> (Goodwill Industries of Sacramento Valley & Northern Nevada)<br>Series 2016<br>5.00%, 01/01/2036<sup>(c)</sup> | 1500 | 1254141 |
|  California Infrastructure & Economic Development Bank<br> (Museum Associates)<br>Series 2021<br>3.43% (MUNIPSA + 0.70%), 12/01/2050<sup>(b)</sup> | 4600 | 4578645 |
|  California Infrastructure & Economic Development Bank<br> (PIH Health Obligated Group)<br>Series 2024-A<br>5.00%, 12/01/2054<sup>(c)</sup> | 20000 | 19423610 |
|  California Infrastructure & Economic Development Bank<br> (Roseville Sustainable Energy Partner)<br>Series 2024<br>5.25%, 07/01/2054 | 10000 | 9715007 |
|  California Municipal Finance Authority<br> (American Heritage/Escondido/Heritage K-8 Charter School Obligated Group)<br>Series 2016-A<br>5.00%, 06/01/2036 | 1900 | 1907299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2046 | 1000 | 949080 |
|  California Municipal Finance Authority<br> (Azusa Pacific University)<br>Series 2015-B<br>5.00%, 04/01/2035 | 3160 | 3081822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2041 | 3000 | 2714634 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Municipal Finance Authority<br> (Biola University, Inc.)<br>Series 2017<br>5.00%, 10/01/2032 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2033 | 625 | 639956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 570 | 581851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2035 | 600 | 610391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 1150 | 1166685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2037 | 2000 | 2023096 |
|  California Municipal Finance Authority<br> (California Baptist University)<br>Series 2025<br>5.125%, 11/01/2040<sup>(c)</sup> | 1350 | 1355285 |
|  California Municipal Finance Authority<br> (California Institute of the Arts)<br>Series 2021<br>4.00%, 10/01/2046 | 1340 | 1106892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/01/2051 | 1200 | 940952 |
|  California Municipal Finance Authority<br> (California Municipal Finance Authority)<br>Series 2025-2, Class A1<br>3.537%, 02/20/2041 | 4389 | 3857574 |
|  California Municipal Finance Authority<br> (CHF-Riverside II LLC)<br>Series 2019<br>5.00%, 05/15/2033 | 1370 | 1437507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2041 | 3470 | 3477049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2042 | 2705 | 2686676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2049 | 5325 | 5021301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2052 | 1575 | 1467857 |
|  California Municipal Finance Authority<br> (Community Health Centers of The Central Coast)<br>Series 2021-A<br>5.00%, 12/01/2054<sup>(c)</sup> | 1000 | 888331 |
|  California Municipal Finance Authority<br> (Congregational Homes Obligated Group)<br>Series 2022<br>4.00%, 11/15/2042 | 560 | 478110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/2052 | 3605 | 2756361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/2056 | 1685 | 1256534 |
|  California Municipal Finance Authority<br> (Generics Municipal Bond)<br>Series 2025-A<br>5.375%, 01/01/2055<sup>(c)</sup> | 2000 | 1813880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/01/2060<sup>(c)</sup> | 3000 | 2740768 |
|  California Municipal Finance Authority<br> (Goodwill Industries of Sacramento Valley & Northern Nevada)<br>Series 2014<br>5.25%, 01/01/2045 | 1295 | 987892 |
|  California Municipal Finance Authority<br> (Inland Regional Center)<br>Series 2015<br>5.00%, 06/15/2032 | 5000 | 5003941 |
|  California Municipal Finance Authority<br> (LAX Integrated Express Solutions)<br>Series 2018<br>4.00%, 12/31/2047 | 5000 | 4093419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2036 | 5685 | 5728871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2037 | 4000 | 4022759 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2047 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8005 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7633872 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2018<br>3.25%, 12/31/2032 | 1000 | 956487 |
|  California Municipal Finance Authority<br> (PRS-California Obligated Group)<br>Series 2024<br>5.00%, 04/01/2039 | 655 | 673574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2040 | 535 | 545815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2049 | 1300 | 1226909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2054 | 2170 | 2014385 |
|  California Municipal Finance Authority<br> (Samuel Merritt University)<br>Series 2022<br>5.25%, 06/01/2053 | 10000 | 10254339 |
|  California Municipal Finance Authority<br> (United Airlines, Inc.)<br>Series 2019<br>4.00%, 07/15/2029 | 6000 | 5968318 |
|  California Municipal Finance Authority<br> (UTS Bioenergy LLC)<br>Series 2011-A1<br>7.50%, 12/01/2032<sup>(e) (f)</sup> | 2745 | 54900 |
|  California Pollution Control Financing Authority<br> (Channelside Water Resources)<br>Series 2012<br>5.00%, 11/21/2045<sup>(c)</sup> | 1250 | 1184900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 11/21/2045<sup>(c)</sup> | 9000 | 8901463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 07/01/2035<sup>(c)</sup> | 2000 | 2116845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038<sup>(c)</sup> | 1000 | 1030393 |
|  California Pollution Control Financing Authority<br> (San Diego County Water Authority Desalination Project Pipeline)<br>Series 2019<br>5.00%, 07/01/2039<sup>(c)</sup> | 8740 | 8832666 |
|  California Public Finance Authority<br> (California University of Science & Medicine Obligated Group)<br>Series 2019<br>6.25%, 07/01/2054<sup>(c)</sup> | 2000 | 2036362 |
|  California Public Finance Authority<br> (Hazelden Betty Ford Foundation)<br>Series 2025<br>5.00%, 11/01/2049 | 750 | 722525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2054 | 2000 | 1892404 |
|  California Public Finance Authority<br> (Henry Mayo Newhall Hospital Obligated Group)<br>Series 2017<br>5.00%, 10/15/2037 | 1000 | 1004831 |
|  California School Finance Authority<br> (ACE Charter Schools Obligated Group)<br>Series 2016<br>5.00%, 06/01/2042<sup>(c)</sup> | 2750 | 2492186 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California School Finance Authority<br> (Alliance for College Ready Public Schools Obligated Group)<br>Series 2015-A<br>5.00%, 07/01/2045<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4675 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4579945 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016<br>5.25%, 07/01/2052<sup>(c)</sup> | 2500 | 2474234 |
|  California School Finance Authority<br> (Aspire Public Schools Obligated Group)<br>Series 2020-A<br>5.00%, 08/01/2059<sup>(c)</sup> | 2000 | 1762596 |
|  California School Finance Authority<br> (Bright Star Schools Obligated Group)<br>Series 2017<br>5.00%, 06/01/2037<sup>(c)</sup> | 1200 | 1164286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2047<sup>(c)</sup> | 1565 | 1378197 |
|  California School Finance Authority<br> (California School Finance Authority)<br>Series 2017<br>5.00%, 06/01/2047<sup>(c)</sup> | 700 | 610303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2053<sup>(c)</sup> | 1775 | 1495146 |
|  California School Finance Authority<br> (Classical Academy Obligated Group)<br>Series 2021<br>4.00%, 10/01/2046<sup>(c)</sup> | 1250 | 1016216 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 10/01/2061<sup>(c)</sup> | 2000 | 1810785 |
|  California School Finance Authority<br> (Downtown College Prep Obligated Group)<br>Series 2016<br>5.00%, 06/01/2046<sup>(e) (f) (g)</sup> | 2325 | 1395000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2051<sup>(e) (f) (g)</sup> | 2910 | 1746000 |
|  California School Finance Authority<br> (Ednovate Obligated Group)<br>Series 2018<br>5.00%, 06/01/2037<sup>(c)</sup> | 430 | 412853 |
|  California School Finance Authority<br> (Equitas Academy Obligated Group)<br>Series 2018-A<br>5.00%, 06/01/2035<sup>(c)</sup> | 4770 | 4690626 |
|  California School Finance Authority<br> (Fenton Charter Public Schools)<br>Series 2020-A<br>5.00%, 07/01/2058<sup>(c)</sup> | 625 | 519491 |
|  California School Finance Authority<br> (Green Dot Public Schools Obligated Group)<br>Series 2015-A<br>5.00%, 08/01/2045<sup>(c)</sup> | 1000 | 950990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 08/01/2032<sup>(c)</sup> | 640 | 668450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 08/01/2052<sup>(c)</sup> | 1650 | 1681719 |
|  California School Finance Authority<br> (Hawking STEAM Charter Schools)<br>Series 2022<br>5.00%, 07/01/2042<sup>(c)</sup> | 1860 | 1782558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2052<sup>(c)</sup> | 2755 | 2554649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 07/01/2056<sup>(c)</sup> | 1990 | 1863517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/2062<sup>(c)</sup> | 1775 | 1676145 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California School Finance Authority<br> (Kipp SoCal Public Schools Obligated Group)<br>Series 2017-A<br>5.00%, 07/01/2037<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 07/01/2049<sup>(c)</sup> | 2000 | 1886918 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>4.00%, 07/01/2055<sup>(c)</sup> | 835 | 645879 |
|  California School Finance Authority<br> (Lighthouse Community Public Schools Obligated Group)<br>Series 2022<br>6.50%, 06/01/2062<sup>(c)</sup> | 2300 | 2341631 |
|  California School Finance Authority<br> (Partnerships to Uplift Communities Series 2023 Obligated Group)<br>Series 2023<br>5.50%, 08/01/2043<sup>(c)</sup> | 550 | 543141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/01/2047<sup>(c)</sup> | 525 | 507145 |
|  California School Finance Authority<br> (Prerefunded - US Treasuries)<br>Series 2017<br>5.00%, 06/01/2047<sup>(c)</sup> | 800 | 833229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2053<sup>(c)</sup> | 2025 | 2109111 |
|  California School Finance Authority<br> (Rex & Margaret Fortune School of Education)<br>Series 2024<br>5.00%, 06/01/2054<sup>(c)</sup> | 2350 | 2024771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/01/2059<sup>(c)</sup> | 1500 | 1299210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/01/2064<sup>(c)</sup> | 2350 | 2010649 |
|  California School Finance Authority<br> (Rocketship Education Obligated Group)<br>Series 2016-A<br>5.00%, 06/01/2036<sup>(c)</sup> | 1000 | 996346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2046<sup>(c)</sup> | 2500 | 2229136 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017<br>5.125%, 06/01/2047<sup>(c)</sup> | 700 | 630147 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-G<br>5.00%, 06/01/2037<sup>(c)</sup> | 360 | 352356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2053<sup>(c)</sup> | 2075 | 1786953 |
|  California School Finance Authority<br> (View Park Elementary & Middle Schools)<br>Series 2014<br>5.625%, 10/01/2034 | 520 | 519995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 10/01/2049 | 715 | 680699 |
|  California State Public Works Board<br> (California State Public Works Board Lease)<br>Series 2025<br>5.00%, 04/01/2043 | 2000 | 2108603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2044 | 3000 | 3145254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2045 | 2615 | 2725378 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California State Public Works Board<br> (State of California Lease)<br>Series 2024<br>5.00%, 04/01/2049 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1534180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/01/2032 | 2000 | 2058661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.06%, 04/01/2033 | 1000 | 1025006 |
|  California State University<br> (California State University)<br>Series 2017-B<br>3.899%, 11/01/2047 | 4900 | 3982383 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-D<br>1.49%, 11/01/2028 | 1500 | 1392506 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>2.144%, 11/01/2033 | 6000 | 5040431 |
|  California Statewide Communities Development Authority<br> (California Baptist University)<br>Series 2017-A<br>5.00%, 11/01/2032<sup>(c)</sup> | 1635 | 1661084 |
|  California Statewide Communities Development Authority<br> (CHF-Irvine LLC)<br>Series 2017-A<br>5.00%, 05/15/2034 | 1000 | 1016909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2035 | 1410 | 1430616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2036 | 1500 | 1518178 |
|  California Statewide Communities Development Authority<br> (Emanate Health Obligated Group)<br>Series 2020-A<br>5.00%, 04/01/2035 | 1000 | 1051012 |
|  California Statewide Communities Development Authority<br> (Enloe Medical Center Obligated Group)<br>AG Series 2022-A<br>5.375%, 08/15/2057 | 2000 | 2016694 |
|  California Statewide Communities Development Authority<br> (John Muir Health Obligated Group)<br>Series 2024-A<br>5.25%, 12/01/2054 | 18310 | 18695664 |
|  California Statewide Communities Development Authority<br> (Lancer Educational Housing)<br>Series 2016<br>5.00%, 06/01/2036<sup>(c)</sup> | 1000 | 1001392 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 06/01/2051<sup>(c)</sup> | 3165 | 2811265 |
|  California Statewide Communities Development Authority<br> (Loma Linda University Medical Center)<br>Series 2016-A<br>5.00%, 12/01/2036<sup>(c)</sup> | 5000 | 5010311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/01/2056<sup>(c)</sup> | 1700 | 1548144 |
|  California Statewide Communities Development Authority<br> (NCCD-Hooper Street LLC)<br>Series 2019<br>5.25%, 07/01/2039<sup>(c)</sup> | 2295 | 2301968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2049<sup>(c)</sup> | 2675 | 2535764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2052<sup>(c)</sup> | 1565 | 1462674 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Statewide Communities Development Authority<br> (Southern California Edison)<br>Series 2023<br>4.50%, 11/01/2033 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8265203 |
|  Central Valley Energy Authority<br> (Pacific Life Insurance)<br>Series 2025<br>5.00%, 12/01/2055 | 2000 | 2148141 |
|  City of Atwater CA Wastewater Revenue<br> (City of Atwater CA Wastewater Revenue)<br>AG Series 2017-A<br>5.00%, 05/01/2043 | 1000 | 1004937 |
|  City of Fairfield CA<br> (City of Fairfield CA COP)<br>AG Series 2007<br>Zero Coupon, 04/01/2035 | 3700 | 2586942 |
|  City of Fremont CA Community Facilities District No. 1<br> (City of Fremont CA Community Facilities District No. 1)<br>Series 2015<br>5.00%, 09/01/2040 | 4000 | 4000136 |
|  City of Irvine CA<br> (City of Irvine CA Community Facilities District No. 2013-3 Improvement Area No. 8)<br>Series 2018<br>5.00%, 09/01/2043 | 2400 | 2403879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2048 | 4250 | 4159940 |
|  City of Los Angeles Department of Airports<br> (City of Los Angeles Dept. of Airports)<br>Series 2022<br>3.25%, 05/15/2049 | 2000 | 1402016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2045 | 1500 | 1488842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.25%, 05/15/2041 | 3320 | 3157351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2036 | 8760 | 9451054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2037 | 5000 | 5333227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2055 | 17850 | 17550395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/2045 | 1100 | 1128555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/2055 | 3900 | 4048173 |
|  City of Palo Alto CA<br> (City of Palo Alto CA University Ave AD)<br>Series 2012<br>5.00%, 09/02/2025 | 1685 | 1685000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/02/2028 | 530 | 537782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/02/2030 | 745 | 755229 |
|  City of Roseville CA<br> (City of Roseville CA Fiddyment Ranch Community Facilities District No. 1)<br>Series 2017<br>5.00%, 09/01/2033 | 1315 | 1346114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2034 | 1000 | 1021835 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  City of Roseville CA<br> (HP Campus Oaks Community Facilities District No. 1)<br>Series 2016<br>5.00%, 09/01/2036 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644889 |
|  City of San Jose CA Airport Revenue<br> (Norman Y Mineta San Jose Intl Airport SJC)<br>Series 2017-A<br>5.00%, 03/01/2033 | 1100 | 1119687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/2034 | 2000 | 2031668 |
|  City of Upland CA<br> (San Antonio Regional Hospital)<br>Series 2017<br>5.00%, 01/01/2032 | 1000 | 1036632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2047 | 3895 | 3812210 |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Enclave)<br>Series 2022-A<br>4.00%, 08/01/2058<sup>(c)</sup> | 2000 | 1428512 |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Latitude33)<br>Series 2021-A<br>3.00%, 12/01/2056<sup>(c)</sup> | 2000 | 1236652 |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Solana at Grand)<br>Series 2021-A<br>4.00%, 08/01/2056<sup>(c)</sup> | 3000 | 2429544 |
|  CMFA Special Finance Agency VII<br> (CMFA Special Finance Agency VII The Breakwater Apartments)<br>Series 2021<br>3.00%, 08/01/2056<sup>(c)</sup> | 1000 | 648812 |
|  CMFA Special Finance Agency VIII Elan Huntington Beach<br> (CMFA Special Finance Agency VIII Elan Huntington Beach)<br>Series 2021<br>3.00%, 08/01/2056<sup>(c)</sup> | 4000 | 2538579 |
|  Compton Community Redevelopment Agency Successor Agency<br> (Compton Community Redevelopment Agency Successor Agency)<br>AG Series 2022-A<br>5.25%, 08/01/2032 | 3500 | 3919557 |
|  Contra Costa Community College District<br> (Contra Costa Community College District)<br>Series 2014-A<br>4.00%, 08/01/2029 | 2100 | 2101132 |
|  County of Los Angeles CA Community Facilities District No. 2021-01<br> (County of Los Angeles CA Community Facilities District No. 2021-01 Area No. 1)<br>Series 2022<br>5.00%, 09/01/2047 | 2750 | 2735028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2052 | 2500 | 2452391 |
|  County of Sacramento CA<br> (North Vineyard District 2005-2)<br>Series 2016<br>5.00%, 09/01/2040 | 990 | 992073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2045 | 1250 | 1240201 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  County of Sacramento CA Airport System Revenue<br> (County of Sacramento CA Airport System Revenue)<br>Series 2025-A<br>5.25%, 07/01/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1044925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2042 | 2120 | 2193940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2043 | 425 | 437871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2045 | 2000 | 2052465 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 777 Place-Pomona)<br>Series 2021<br>4.00%, 05/01/2057<sup>(c)</sup> | 1000 | 667044 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 1818 Platinum Triangle-Anaheim)<br>Series 2021<br>3.25%, 04/01/2057<sup>(c)</sup> | 5000 | 3430802 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Acacia on Santa Rosa Creek)<br>Series 2021<br>4.00%, 10/01/2046<sup>(c)</sup> | 4000 | 3058073 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Altana Apartments)<br>Series 2021<br>4.00%, 10/01/2056<sup>(c)</sup> | 5000 | 3631610 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Millennium South Bay-Hawthorne)<br>Series 2021<br>3.25%, 07/01/2056<sup>(c)</sup> | 1000 | 624589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/2058<sup>(c)</sup> | 1000 | 548623 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Oceanaire Apartments)<br>Series 2021<br>4.00%, 09/01/2056<sup>(c)</sup> | 2500 | 1759708 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Pasadena Portfolio)<br>Series 2021<br>3.00%, 12/01/2056<sup>(c)</sup> | 1000 | 665400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2056<sup>(c)</sup> | 1000 | 722453 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority The Crescent)<br>Series 2022<br>4.30%, 07/01/2059<sup>(c)</sup> | 1000 | 764309 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Theo Apartments)<br>Series 2021<br>4.00%, 05/01/2057<sup>(c)</sup> | 2000 | 1330178 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Union South Bay)<br>Series 2021-A2<br>4.00%, 07/01/2056<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1841957 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Vineyard Gardens Apartments)<br>Series 2021<br>3.25%, 10/01/2058<sup>(c)</sup> | 1000 | 662213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/01/2048<sup>(c)</sup> | 3000 | 2205089 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Waterscape Apartments)<br>Series 2021-A<br>3.00%, 09/01/2056<sup>(c)</sup> | 1500 | 961163 |
|  Foothill-De Anza Community College District<br> (Foothill-De Anza Community College District)<br>AMBAC Series 2007-A<br>Zero Coupon, 08/01/2034 | 1995 | 1484866 |
|  Foothill-Eastern Transportation Corridor Agency<br> (Foothill-Eastern Transportation Corridor Agency)<br>Series 2021-A<br>4.00%, 01/15/2046 | 5810 | 5276242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-C<br>4.00%, 01/15/2043 | 1500 | 1407114 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization Lease)<br>Series 2021<br>2.746%, 06/01/2034 | 3175 | 2789982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.115%, 06/01/2038 | 5000 | 4109313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.293%, 06/01/2042 | 2000 | 1520263 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization)<br>Series 2021<br>3.85%, 06/01/2050 | 5550 | 4998398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>Zero Coupon, 06/01/2066 | 37370 | 3467902 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 06/01/2051 | 10000 | 9536686 |
|  Irvine Facilities Financing Authority<br> (City of Irvine CA Community Facilities District No. 2013-3)<br>BAM Series 2023<br>Zero Coupon, 09/01/2049 | 1300 | 379439 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 09/01/2050 | 1250 | 344072 |
|  Irvine Unified School District<br> (Irvine Unified School District)<br>Series 2017-B<br>5.00%, 09/01/2047 | 995 | 992205 |
|  Long Beach Bond Finance Authority<br> (Bank of America Corp.)<br>Series 2007-A<br>5.00%, 11/15/2035 | 3630 | 3876577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/15/2037 | 5300 | 5841269 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Los Angeles Department of Water & Power<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023-D<br>5.00%, 07/01/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7830 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8093896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 07/01/2038 | 1640 | 1734982 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 07/01/2039 | 1660 | 1748767 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 07/01/2050 | 5000 | 4997532 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 07/01/2033 | 8335 | 9324318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2034 | 3000 | 3352288 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2025-A<br>5.00%, 07/01/2053 | 2000 | 2004506 |
|  Los Angeles Department of Water & Power Power System Revenue<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2022-B<br>5.00%, 07/01/2052 | 1495 | 1490998 |
|  Los Angeles Department of Water & Power Water System Revenue<br> (Los Angeles Dept. of Water & Power Water System Revenue)<br>Series 2021-C<br>5.00%, 07/01/2041 | 1250 | 1270606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>5.00%, 07/01/2043 | 8750 | 8916706 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-D<br>5.00%, 07/01/2047 | 4550 | 4560667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 01/01/2030<sup>(h)</sup> | 5000 | 5389823 |
|  M-S-R Energy Authority<br> (Citigroup, Inc.)<br>Series 2009-A<br>6.50%, 11/01/2039 | 2000 | 2374853 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009-B<br>6.50%, 11/01/2039 | 10000 | 11874264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 11/01/2034 | 2000 | 2389377 |
|  Menifee Union School District<br> (Menifee Union School District)<br>Series 2018<br>5.00%, 09/01/2043 | 1000 | 1003272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2048 | 1215 | 1215386 |
|  Northern California Energy Authority<br> (Pacific Life Insurance)<br>Series 2024<br>5.00%, 12/01/2054 | 10000 | 10664169 |
|  Oxnard Financing Authority<br> (City of Oxnard CA Wastewater Revenue)<br>AG Series 2014<br>5.00%, 06/01/2031 | 5250 | 5258311 |
|  Palomar Health<br> (Palomar Health Obligated Group)<br>Series 2016-A<br>5.00%, 08/01/2031 | 1285 | 1275463 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Port of Los Angeles<br> (Port of Los Angeles)<br>Series 2024-2<br>5.00%, 08/01/2036 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1088703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 08/01/2031 | 1000 | 1106939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2032 | 2000 | 2227109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2034 | 2060 | 2301112 |
|  Poway Unified School District Public Financing Authority<br> (Poway Unified School District Public Financing Authority)<br>Series 2015-A<br>5.00%, 09/01/2033 | 1500 | 1501348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2034 | 995 | 995823 |
|  Redding Joint Powers Financing Authority<br> (Redding Joint Powers Financing Authority)<br>Series 2015-A<br>5.00%, 06/01/2030 | 1350 | 1357902 |
|  Rialto Redevelopment Agency<br> (Rialto Redevelopment Agency)<br>Series 2018<br>5.00%, 09/01/2032 | 500 | 528453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2033 | 500 | 526124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2037 | 2235 | 2311877 |
|  River Islands Public Financing Authority<br> (River Islands Public Financing Authority Cmnty Facs District No. 2003-1 Area 1)<br>Series 2022<br>5.00%, 09/01/2052 | 5200 | 4842671 |
|  Riverside County Transportation Commission<br> (Riverside County Transportation Commission)<br>Series 2021<br>4.00%, 06/01/2040 | 3330 | 3118154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2041 | 1765 | 1622239 |
|  Sacramento County Water Financing Authority<br> (Sacramento County Water Agency)<br>NATL Series 2007-B<br>3.626% (CME Term SOFR 3 Month + 0.55%), 06/01/2034<sup>(b)</sup> | 1385 | 1345921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.646% (CME Term SOFR 3 Month + 0.57%), 06/01/2039<sup>(b)</sup> | 5375 | 4848607 |
|  San Diego County Regional Airport Authority<br> (San Diego County Regional Airport Authority)<br>Series 2020<br>5.00%, 07/01/2035 | 650 | 675450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 | 500 | 516436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 | 250 | 256602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 250 | 254715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 255 | 258408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2040 | 250 | 251921 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>4.00%, 07/01/2041 | 3010 | 2740588 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 07/01/2043 | 1185 | 1182430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2053 | 21000 | 20661740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 07/01/2034 | 2500 | 2737737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2035 | 2500 | 2727541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2037 | 2555 | 2813224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2038 | 2875 | 3123372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/2055 | 1000 | 1035246 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  San Diego Unified School District/CA<br> (San Diego Unified School District/CA)<br>Series 2023<br>5.00%, 07/01/2048 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10312913 |
|  San Francisco City & County Public Utilities Commission Wastewater Revenue<br> (San Francisco City & County Public Utilities Commission Wastewater Revenue)<br>Series 2024<br>4.655%, 10/01/2027 | 2000 | 2031635 |
|  San Francisco City & County Redevelopment Agency Successor Agency<br> (Successor Agency to the Redev of San Francisco - Mission Bay South)<br>Series 2016-B<br>5.00%, 08/01/2033 | 1000 | 1015291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2035 | 1000 | 1012679 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C<br>5.00%, 08/01/2032 | 1000 | 1016635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2035 | 1000 | 1012679 |
|  San Francisco Intl Airport<br> (San Francisco Intl Airport)<br>Series 2019-E<br>5.00%, 05/01/2050 | 2000 | 1951951 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>3.283%, 05/01/2036 | 3000 | 2652058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-E<br>5.50%, 05/01/2041 | 5350 | 5642153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 05/01/2037 | 5265 | 5563421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2042 | 10185 | 10513437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2049 | 12550 | 12670824 |
|  San Joaquin Valley Clean Energy Authority<br> (Goldman Sachs Group)<br>Series 2025<br>5.50%, 01/01/2056 | 3405 | 3775475 |
|  Santa Barbara Secondary High School District<br> (Santa Barbara Secondary High School District)<br>Series 2011-A<br>Zero Coupon, 08/01/2036 | 15395 | 9543242 |
|  Sierra Joint Community College District School Facilities District No. 2<br> (Sierra Joint Community College District School Facilities District No. 2)<br>NATL Series 2007-B<br>Zero Coupon, 06/01/2032 | 5485 | 4466761 |
|  South San Francisco Unified School District<br> (South San Francisco Unified School District)<br>Series 2025<br>5.00%, 09/01/2026 | 3990 | 4108045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2027 | 2160 | 2288533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2033 | 1150 | 1349117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2034 | 1010 | 1192373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2035 | 1110 | 1310250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2036 | 1015 | 1181705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2037 | 1110 | 1273120 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Southern California Public Power Authority<br> (American General Life Insurance)<br>Series 2024-A<br>5.00%, 04/01/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3814062 |
|  Southern California Public Power Authority<br> (Goldman Sachs Group)<br>Series 2007-A<br>5.00%, 11/01/2033 | 6280 | 6674222 |
|  Southern California Public Power Authority<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023<br>5.00%, 07/01/2036 | 2160 | 2334190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2041 | 4925 | 5090988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2048 | 4275 | 4271756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2053 | 8985 | 9123424 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 07/01/2042 | 1000 | 1030903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2044 | 1000 | 1023490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2053 | 2540 | 2529002 |
|  State of California<br> (State of California)<br>Series 2004<br>5.30%, 04/01/2029 | 5 | 5010 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009<br>7.30%, 10/01/2039 | 1205 | 1391138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.55%, 04/01/2039 | 1000 | 1199135 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 09/01/2042 | 2000 | 2098128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.25%, 10/01/2050 | 5000 | 5213297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/01/2053 | 20000 | 20831900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/2033 | 4000 | 4460788 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.15%, 09/01/2034 | 2000 | 2073494 |
|  Stockton Redevelopment Agency Successor Agency<br> (Stockton Redevelopment Agency Successor Agency)<br>AG Series 2016-A<br>5.00%, 09/01/2033 | 2800 | 2851307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2034 | 1000 | 1016406 |
|  Successor Agency to the Redev of San Francisco - Mission Bay North<br> (Successor Agency to the Redev of San Francisco - Mission Bay North)<br>Series 2016-A<br>5.00%, 08/01/2032 | 1025 | 1042050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2034 | 1105 | 1120643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2035 | 595 | 602544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2036 | 775 | 783763 |
|  Tobacco Securitization Authority of Northern California<br> (Sacramento County Tobacco Securitization)<br>Series 2021<br>Zero Coupon, 06/01/2060 | 10000 | 1432599 |
|  Tobacco Securitization Authority of Southern California<br> (San Diego County Tobacco Asset Securitization)<br>Series 2019<br>5.00%, 06/01/2037 | 1000 | 1022027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2048 | 8610 | 8058648 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Transbay Joint Powers Authority<br> (Transbay Joint Powers Authority Transbay Redevelopment Project Tax Increment)<br>Series 2020<br>5.00%, 10/01/2040 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2045 | 2000 | 1922116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2049 | 2200 | 2062948 |
|  University of California<br> (University of California)<br>Series 2023-B<br>4.693%, 05/15/2033 | 5600 | 5662179 |
|  Upland Unified School District<br> (Upland Unified School District)<br>Series 2011-C<br>Zero Coupon, 08/01/2035 | 1020 | 714663 |
|  Washington Township Health Care District<br> (Washington Township Health Care District)<br>Series 2017-B<br>5.00%, 07/01/2032 | 2000 | 2030811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2033 | 1500 | 1519198 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.25%, 08/01/2048 | 1750 | 1843296 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023-B<br>4.25%, 08/01/2045 | 1225 | 1180936 |
|  Yucaipa Valley Water District Financing Authority<br> (Yucaipa Valley Water District Water & Sewer Revenue)<br>Series 2024-A<br>5.00%, 06/01/2026 | 10000 | 10128385 |
|  |  | 1113304085 |
|  **American Samoa – 0.2%** |  |  |
|  American Samoa Economic Development Authority<br> (Territory of American Samoa)<br>Series 2015-A<br>6.625%, 09/01/2035 | 430 | 430681 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>7.125%, 09/01/2038<sup>(c)</sup> | 1385 | 1461687 |
|  |  | 1892368 |
|  **Georgia – 0.0%** |  |  |
|  Municipal Electric Authority of Georgia<br> (PowerSouth Energy Cooperative)<br>Series 2019<br>5.00%, 01/01/2037 | 100 | 101935 |
|  **Guam – 1.7%** |  |  |
|  Antonio B Won Pat International Airport Authority<br> (Antonio B Won Pat Intl Airport Authority)<br>Series 2023<br>5.375%, 10/01/2040 | 250 | 257631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 10/01/2043 | 1050 | 1062959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.25%, 10/01/2035 | 535 | 566761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2036 | 200 | 210498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2038 | 1050 | 1089916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2039 | 1055 | 1089067 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Guam Government Waterworks Authority<br> (Guam Waterworks Authority Water And Wastewater System)<br>Series 2025-A<br>5.25%, 07/01/2050 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004553 |
|  Guam Power Authority<br> (Guam Power Authority)<br>Series 2017-A<br>5.00%, 10/01/2036 |  | 2940 |  | 2978819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2037 |  | 1300 |  | 1313065 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>5.00%, 10/01/2044 |  | 3365 |  | 3367526 |
|  Territory of Guam<br> (Guam Section 30 Income Tax)<br>Series 2016-A<br>5.00%, 12/01/2029 |  | 3805 |  | 3883331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 |  | 415 |  | 422943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032 |  | 455 |  | 461920 |
|  Territory of Guam<br> (Territory of Guam Business Privilege Tax)<br>Series 2021-F<br>4.00%, 01/01/2042 |  | 3000 |  | 2661530 |
|  Territory of Guam<br> (Territory of Guam)<br>Series 2019<br>5.00%, 11/15/2031 |  | 215 |  | 225531 |
|  |  |  |  | 20596050 |
|  **Indiana – 0.0%** | **Indiana – 0.0%** | **Indiana – 0.0%** | **Indiana – 0.0%** | **Indiana – 0.0%** |
|  City of Fort Wayne IN<br> (Do Good Foods Fort Wayne Obligated Group)<br>10.75%, 12/01/2029<sup>(e) (f)</sup> |  | 47 |  | 5 |
|  **Puerto Rico – 1.3%** | **Puerto Rico – 1.3%** | **Puerto Rico – 1.3%** | **Puerto Rico – 1.3%** | **Puerto Rico – 1.3%** |
|  Commonwealth of Puerto Rico<br> (Commonwealth of Puerto Rico)<br>Series 2021-A<br>Zero Coupon, 07/01/2033 |  | 1238 |  | 865121 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>Zero Coupon, 11/01/2043 |  | 56 |  | 35107 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br> (Puerto Rico Commonwealth Aqueduct & Sewer Authority)<br>Series 2020-A<br>5.00%, 07/01/2030<sup>(c)</sup> |  | 2490 |  | 2605380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2035<sup>(c)</sup> |  | 1945 |  | 2005001 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-C<br>3.75%, 07/01/2027<sup>(c)</sup> |  | 1000 |  | 947518 |
|  Puerto Rico Electric Power Authority<br> (Puerto Rico Electric Power Authority)<br>AG Series 2007-V<br>5.25%, 07/01/2031 |  | 1000 |  | 1009430 |
| &nbsp;&nbsp;&nbsp;&nbsp; NATL Series 2007-V<br>5.25%, 07/01/2032 |  | 1000 |  | 998640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2034 |  | 1000 |  | 992492 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (AES Puerto Rico LP)<br>Series 2023-A<br>6.625%, 01/01/2027 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/01/2028 |  | 1313 |  | 1309452 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (San Juan Cruise Port LLC)<br>Series 2024<br>6.75%, 01/01/2045 |  | 1000 |  | 1104739 |
|  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue<br> (Puerto Rico Sales Tax Financing Sales Tax Revenue)<br>Series 2019-A<br>4.329%, 07/01/2040 |  | 980 |  | 906765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/01/2040 |  | 90 |  | 85694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2058 |  | 2900 |  | 2651990 |
|  |  |  |  | 15688888 |
|  **Tennessee – 0.1%** | **Tennessee – 0.1%** | **Tennessee – 0.1%** | **Tennessee – 0.1%** | **Tennessee – 0.1%** |
|  Bristol Industrial Development Board<br> (Bristol Industrial Development Board Sales Tax)<br>Series 2016-A<br>5.00%, 12/01/2035<sup>(c)</sup> |  | 1010 |  | 951119 |
|  **Washington – 0.0%** | **Washington – 0.0%** | **Washington – 0.0%** | **Washington – 0.0%** | **Washington – 0.0%** |
|  Washington State Housing Finance Commission<br> (Presbyterian Retirement Communities Northwest Obligated Group)<br>Series 2019-A<br>5.00%, 01/01/2044<sup>(c)</sup> |  | 130 |  | 118873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2049<sup>(c)</sup> |  | 100 |  | 87761 |
|  |  |  |  | 206634 |
|  **Wisconsin – 0.6%** | **Wisconsin – 0.6%** | **Wisconsin – 0.6%** | **Wisconsin – 0.6%** | **Wisconsin – 0.6%** |
|  Wisconsin Public Finance Authority<br> (Catholic Bishop of Chicago/The)<br>Series 2021<br>5.75%, 07/25/2041<sup>(g)</sup> |  | 2000 |  | 1814176 |
|  Wisconsin Public Finance Authority<br> (SR 400 Peach Partners LLC)<br>Series 2025<br>6.50%, 06/30/2060 |  | 5505 |  | 5819633 |
|  |  |  |  | 7633809 |
|  Total Long-Term Municipal Bonds<br>(cost $1,215,211,223) | Total Long-Term Municipal Bonds<br>(cost $1,215,211,223) | Total Long-Term Municipal Bonds<br>(cost $1,215,211,223) |  | 1160374893 |
|  **Short-Term Municipal Notes – 2.4%** | **Short-Term Municipal Notes – 2.4%** | **Short-Term Municipal Notes – 2.4%** | **Short-Term Municipal Notes – 2.4%** | **Short-Term Municipal Notes – 2.4%** |
|  **California – 2.4%** | **California – 2.4%** | **California – 2.4%** | **California – 2.4%** | **California – 2.4%** |
|  City of Los Angeles CA<br> (City of Los Angeles CA)<br>Series 2025<br>5.00%, 06/25/2026 |  | 16000 |  | 16385448 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  County of Los Angeles CA<br> (County of Los Angeles CA)<br>Series 2025-A<br>5.00%, 06/30/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7685489 |
|  Nuveen California AMT-Free Quality Municipal Income Fund<br> (Nuveen California AMT-Free Quality Municipal Income Fund)<br>Series 2017<br>3.18%, 10/01/2047<sup>(c) (i)</sup> | 5000 |  | 5000000 |
|  Total Short-Term Municipal Notes<br>(cost $28,876,328) | Total Short-Term Municipal Notes<br>(cost $28,876,328) |  | 29070937 |
|  Total Municipal Obligations<br>(cost $1,244,087,551) | Total Municipal Obligations<br>(cost $1,244,087,551) |  | 1189445830 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.4%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.4%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.4%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.4%** |
|  **Agency CMBS – 0.4%** | **Agency CMBS – 0.4%** | **Agency CMBS – 0.4%** | **Agency CMBS – 0.4%** |
|  California Housing Finance Agency<br>Series 2021-3, Class X<br>0.792%, 08/20/2036<sup>(d)</sup> | 2492 |  | 112792 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br>Series 2021-ML10, Class AUS<br>2.032%, 01/25/2038 | 3535 |  | 2830852 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class ACA<br>2.875%, 07/25/2036 | 1860 |  | 1726278 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class XCA<br>0.964%, 07/25/2036<sup>(d)</sup> | 5207 |  | 279547 |
|  Total Commercial Mortgage-Backed Securities<br>(cost $5,679,324) | Total Commercial Mortgage-Backed Securities<br>(cost $5,679,324) |  | 4949469 |
|  | **Shares** |  |  |
|  **PREFERRED STOCKS – 0.0%** | **PREFERRED STOCKS – 0.0%** | **PREFERRED STOCKS – 0.0%** | **PREFERRED STOCKS – 0.0%** |
|  **Utility – 0.0%** | **Utility – 0.0%** | **Utility – 0.0%** | **Utility – 0.0%** |
|  **Electric – 0.0%** | **Electric – 0.0%** | **Electric – 0.0%** | **Electric – 0.0%** |
|  AES Guayama Holdings<br>0.00%<sup>(e) (j) (k)</sup><br>(cost $518,457) | 28882 |  | 84047 |
|  | **Principal<br>Amount<br>(000)** |  |  |
|  **ASSET-BACKED SECURITIES – 0.0%** | **ASSET-BACKED SECURITIES – 0.0%** | **ASSET-BACKED SECURITIES – 0.0%** | **ASSET-BACKED SECURITIES – 0.0%** |
|  **Other ABS - Floating Rate – 0.0%** | **Other ABS - Floating Rate – 0.0%** | **Other ABS - Floating Rate – 0.0%** | **Other ABS - Floating Rate – 0.0%** |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br>12.50% (PRIME 1 Month + 4.00%), 03/04/2026<sup>(b) (j) (k)</sup><br>(cost $9,592) | $10 |  | 9347 |

---

------

---

| | | |
|:---|:---|:---|
| | **Shares** | **U.S. $ Value** |
|  **SHORT-TERM INVESTMENTS – 0.6%** | **SHORT-TERM INVESTMENTS – 0.6%** | **SHORT-TERM INVESTMENTS – 0.6%** |
|  **Investment Companies – 0.6%** | **Investment Companies – 0.6%** | **Investment Companies – 0.6%** |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.14%<sup>(l) (m) (n)</sup><br>(cost $7,425,567) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7425567 | $7425567 |
|  **Total Investments – 99.5%**<br> (cost $1,257,720,491)<sup>(o)</sup> | **Total Investments – 99.5%**<br> (cost $1,257,720,491)<sup>(o)</sup> | 1201914260 |
|  Other assets less liabilities – 0.5% | Other assets less liabilities – 0.5% | 5885273 |
|  **Net Assets – 100.0%** | **Net Assets – 100.0%** | $**1207799533** |

---

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed<br>Rate<br>(Pay)<br>Receive** | **Payment<br>Frequency** | **Implied<br>Credit<br>Spread at<br>August 31,<br>2025** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-NAHY Series 44, 5 Year Index, 06/20/2030\* | (5.00)% | Quarterly | 3.21% | USD | 18600 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1526182) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(782464) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(743718) |

---

*\** *Termination date* 

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 41210 | 10/15/2028 | CPI# | 2.565% | Maturity | $(429505) | $— | $(429505) |
| USD | 36500 | 10/15/2029 | 2.569% | CPI# | Maturity | 325861 |  | 325861 |
| USD | 35500 | 10/15/2029 | 2.485% | CPI# | Maturity | 460400 |  | 460400 |
| USD | 28184 | 10/15/2029 | 2.516% | CPI# | Maturity | 323427 |  | 323427 |
| USD | 28158 | 10/15/2029 | 2.451% | CPI# | Maturity | 410907 |  | 410907 |
| USD | 28158 | 10/15/2029 | 2.499% | CPI# | Maturity | 346196 |  | 346196 |
| USD | 43290 | 10/15/2030 | CPI# | 2.531% | Maturity | (435876) |  | (435876) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001410 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001410 |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

------

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 14000 | 01/15/2027 | 1 Day SOFR | 2.719% | Annual | $(306565) | $— | $(306565) |
| USD | 24500 | 10/15/2030 | 1 Day SOFR | 4.092% | Annual | 809501 |  | 809501 |
| USD | 9700 | 10/15/2030 | 1 Day SOFR | 4.082% | Annual | 317626 |  | 317626 |
| USD | 21800 | 07/31/2031 | 1 Day SOFR | 4.087% | Annual | 779382 | (713) | 780095 |
| USD | 21200 | 12/03/2031 | 1 Day SOFR | 4.027% | Annual | 665894 | 2386 | 663508 |
| USD | 20000 | 08/15/2034 | 3.545% | 1 Day SOFR | Annual | 142903 |  | 142903 |
| USD | 16500 | 08/15/2034 | 3.231% | 1 Day SOFR | Annual | 518240 |  | 518240 |
| USD | 14200 | 08/15/2034 | 3.304% | 1 Day SOFR | Annual | 366076 |  | 366076 |
| USD | 9050 | 02/15/2035 | 3.923% | 1 Day SOFR | Annual | (173841) |  | (173841) |
| USD | 7300 | 02/15/2035 | 3.603% | 1 Day SOFR | Annual | 53408 | (541) | 53949 |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3172624 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3171492 |

---

**INTEREST RATE SWAPS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Rate Type** | **Rate Type** | | | | |
| <br>**Swap Counterparty** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| Citibank NA | USD | 12620 | 10/09/2029 | 1.125% | 1 Week SIFMA\* | Quarterly | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699743 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699743 |

---

*\** *Variable interest rate based on the Securities Industry & Financial Markets Association (SIFMA) Municipal Swap Index.* 

*(a)* *Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at August 31, 2025.* 

*(b)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at August 31, 2025.* 

*(c)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At August 31, 2025, the aggregate market value of these securities amounted to $184,139,811 or 15.2% of net assets.* 

*(d)* *IO - Interest Only.* 

*(e)* *Non-income producing security.* 

*(f)* *Defaulted.* 

------

*(g)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.41% of net assets as of August 31, 2025, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition<br>Date** | **Cost** | | **Market<br>Value** | | **Percentage<br>of<br>Net Assets** |
|  *California School Finance Authority<br>(Downtown College Prep Obligated Group)<br>Series 2016<br>5.00%, 06/01/2046* | *04/22/2016* | $*2331722* | | $*1395000* | | *0.12%* |
|  *California School Finance Authority<br>(Downtown College Prep Obligated Group)<br>Series 2016<br>5.00%, 06/01/2051* | *04/22/2016-<br>10/25/2017* | *2917233* | | *1746000* | | *0.14%* |
|  *Wisconsin Public Finance Authority<br>(Catholic Bishop of Chicago/The)<br>Series 2021<br>5.75%, 07/25/2041* | *08/03/2021* | *2000000* | | *1814176* | | *0.15%* |

---

*(h)* *When-Issued or delayed delivery security.* 

*(i)* *Variable Rate Demand Notes are instruments whose interest rates change on a specific date (such as coupon date or interest payment date) or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). This instrument is payable on demand and is secured by letters of credit or other credit support agreements from major banks.* 

*(j)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(k)* *Fair valued by the Adviser.* 

*(l)* *The rate shown represents the 7-day yield as of period end.* 

*(m)* *Affiliated investments.* 

*(n)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(o)* *As of August 31, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $12,863,255 and gross unrealized depreciation of investments was $(64,540,559), resulting in net unrealized depreciation of $(51,677,304).* 

*As of August 31, 2025, the Portfolio's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 4.1% and 0.0%, respectively.* 

*Glossary:* 

*ABS* – *Asset-Backed Securities* 

*AD* – *Assessment District* 

*AG* – *Assured Guaranty Inc.* 

*AMBAC* – *Ambac Assurance Corporation* 

*AMT* – *Alternative Minimum Tax (subject to)* 

*BAM* – *Build American Mutual* 

*CDX-NAHY – North American High Yield Credit Default Swap Index* 

*CHF* – *Collegiate Housing Foundation* 

*CMBS* – *Commercial Mortgage-Backed Securities* 

*CME – Chicago Mercantile Exchange* 

*COP* – *Certificate of Participation* 

*MUNIPSA – SIFMA Municipal Swap Index* 

*NATL* – *National Interstate Corporation* 

*PRIME – US Bank Prime Loan Rate* 

*SOFR* – *Secured Overnight Financing Rate* 

------

**AB Municipal Income Fund, Inc.** 

**AB California Portfolio** 

**August 31, 2025 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

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

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

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

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

------

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

The following table summarizes the valuation of the Portfolio's investments by the above fair value hierarchy levels as of August 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Long-Term Municipal Bonds | $— | $1160374893 | $— | $1160374893 |
| Short-Term Municipal Notes |  | 29070937 |  | 29070937 |
| Commercial Mortgage-Backed Securities |  | 4949469 |  | 4949469 |
| Preferred Stocks |  |  | 84047 | 84047 |
| Asset-Backed Securities |  |  | 9347 | 9347 |
| Short-Term Investments | 7425567 |  |  | 7425567 |
| Total Investments in Securities | 7425567 | 1194395299 | 93394 | 1201914260 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** |  |  |  |  |
| Centrally Cleared Inflation (CPI) Swaps |  | 1866791 |  | 1866791 |
| Centrally Cleared Interest Rate Swaps |  | 3653030 |  | 3653030 |
| Interest Rate Swaps |  | 699743 |  | 699743 |
| **Liabilities:** |  |  |  |  |
| Centrally Cleared Credit Default Swaps |  | (1526182) |  | (1526182) |
| Centrally Cleared Inflation (CPI) Swaps |  | (865381) |  | (865381) |
| Centrally Cleared Interest Rate Swaps |  | (480406) |  | (480406) |
| **Total** | $**7425567** | $**1197742894** | $**93394** | $**1205261855** |

---

*<sup>(a)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

------

A summary of the Portfolio's transactions in AB mutual funds for the three months ended August 31, 2025 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Portfolio** | **Market Value<br>05/31/2025<br>(000)** | **Purchases<br>at Cost<br>(000)** | **Sales<br>Proceeds<br>(000)** | **Market Value<br>08/31/2025<br>(000)** | **Dividend<br>Income<br>(000)** |
| AB Government Money Market Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13920 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82358 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88852 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7426 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB MUNICIPAL INCOME FUND, INC.

- **b. Investment Company Act file number:** 811-04791

- **c. CIK number of Registrant:** 0000798737

- **d. LEI of Registrant:** 549300HSXPZXR4NTL020

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB California Portfolio

- **b. EDGAR series identifier (if any):** S000010348

- **c. LEI of Series:** 549300XGLO3UZZ0SVM88

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $1215080643.93

**Total Liabilities:** $10256842.03

**Net Assets:** $1204823801.90

**Delayed Delivery Securities:** $5377850.00

**Cash Not Reported:** $1606271.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -2081.91000000 | **1-Year:** -30200.30000000 | **5-Year:** -162977.87000000 | **10-Year:** -399965.88000000 | **30-Year:** -164678.93000000

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

- **3-Month:** -422.85000000 | **1-Year:** -9818.08000000 | **5-Year:** -21152.87000000 | **10-Year:** -70541.42000000 | **30-Year:** -59910.97000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028621 | 0.51%                | -0.48%               | 0.72%                |
| Class ID C000028619 | 0.67%                | -0.41%               | 0.79%                |
| Class ID C000069624 | 0.69%                | -0.39%               | 0.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-257544.16              | $5532106.87                                |
| Month 2  | $-855373.48              | $-7827161.85                               |
| Month 3  | $-1130476.66             | $6634087.45                                |

**Designated Index Information**

- **Index Name:** Bloomberg California Muni Index

- **Index Identifier:** I00767US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 130179PK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6885000 | PA      | $6631953.53   | 0.55%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532PV0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004506.00   | 0.17%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 130179UQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2423251.00   | 0.20%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH EDUCTNL REVENUE                                                                                        | CUSIP: 13049AAG8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949080.40    | 0.08%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                               | CUSIP: 74526QPP1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009429.90   | 0.08%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TRE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1676144.57   | 0.14%             | 2062-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                           | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2661530.10   | 0.22%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                 | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                   | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2148140.80   | 0.18%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                               | CUSIP: 13034ARP7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1254141.00   | 0.10%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5020000 | PA      | $5399309.69   | 0.45%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JAX4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5745000 | PA      | $5836447.76   | 0.48%             | 2052-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                                   | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2389377.00   | 0.20%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444452S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5333227.50   | 0.44%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $667044.20    | 0.06%             | 2057-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                                                                                              | CUSIP: 400653JJ1<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1313064.61   | 0.11%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TBD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $519995.16    | 0.04%             | 2034-10-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Sierra Joint Community College District School Facilities District No 2         | SIERRA CA JT CMNTY CLG DIST SCH FACS IMPT DIST #2                                                                                  | CUSIP: 826247BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5485000 | PA      | $4466760.76   | 0.37%             | 2032-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                        | CUSIP: 38122NB68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1520263.00   | 0.13%             | 2042-06-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VII                                                 | CMFA SPL FIN AGY VII CA ESSENTIAL HSG REVENUE                                                                                      | CUSIP: 12574UAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $648811.90    | 0.05%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $662213.30    | 0.05%             | 2058-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525Q35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4560666.57   | 0.38%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1349117.10   | 0.11%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS30EP8   IRS USD R F  2.56500 IS30EP8 CCPINFLATIONZERO / Short: SS30EP8   IRS USD P V 12MUSCPI IS30EQ9 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  41210000 | OU      | $-429505.46   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                                   | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2374852.80   | 0.20%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VVB1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888331.10    | 0.07%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GCW4<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012679.00   | 0.08%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                      | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE                                                                                | CUSIP: 76912DAX6<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3118154.06   | 0.26%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                | CUSIP: 120827EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1800337.60   | 0.15%             | 2054-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                            | NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                       | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10664169.00  | 0.89%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $722453.30    | 0.06%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TGA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $1786953.27   | 0.15%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469BF4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   4925000 | PA      | $5090988.26   | 0.42%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GSV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $3123371.54   | 0.26%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D5F1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20831900.00  | 1.73%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                          | LOS ANGELES CA                                                                                                                     | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  16000000 | PA      | $16385448.00  | 1.36%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059THH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1681718.94   | 0.14%             | 2052-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UNB0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1375572.33   | 0.11%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                                                                             | CUSIP: 939783YZ3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    130000 | PA      | $118872.82    | 0.01%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TEU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $630146.86    | 0.05%             | 2047-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3430801.50   | 0.28%             | 2057-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                         | CUSIP: 13077DBY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $3982383.37   | 0.33%             | 2047-11-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                                | CUSIP: 786107WY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $437871.42    | 0.04%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS33UF9   IRS USD R V 00MSOFR IS33UG0 CCPOIS / Short: BS33UF9   IRS USD P F  3.92250 IS33UF9 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   9050000 | OU      | $-173840.46   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS2Y9Y5   IRS USD R V 00MSOFR IS2Y9Z6 CCPOIS / Short: BS2Y9Y5   IRS USD P F  3.30384 IS2Y9Y5 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  14200000 | OU      | $366076.10    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE                                                                         | CUSIP: 345105JJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1407114.30   | 0.12%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                    | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5505000 | PA      | $5819632.77   | 0.48%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532HR8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   7830000 | PA      | $8093896.06   | 0.67%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JCC8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5021366.50   | 0.42%             | 2053-07-01      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Contra Costa Community College District                                         | CONTRA COSTA CA CMNTY CLG DIST                                                                                                     | CUSIP: 212204HT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2101132.32   | 0.17%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK NATIONAL CHARTR                                                                       | CUSIP: 13035ADW6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4285177.20   | 0.36%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community College Financing Authority                                | CALIFORNIA ST CMNTY CLG FING AUTH CLG HSG REVENUE                                                                                  | CUSIP: 13012RAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2781434.15   | 0.23%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048V3E6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1355285.25   | 0.11%             | 2040-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS31F03   IRS USD R V 12MUSCPI IS31F14 CCPINFLATIONZERO / Short: BS31F03   IRS USD P F  2.48500 IS31F03 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  35500000 | OU      | $460399.85    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PSF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1814176.00   | 0.15%             | 2041-07-25      | Fixed         | 5.75%                 | 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        |   1050000 | PA      | $1062959.21   | 0.09%             | 2043-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Fairfield CA                                                            | FAIRFIELD CA COPS                                                                                                                  | CUSIP: 304198GB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $2586942.32   | 0.21%             | 2035-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                                                                                              | CUSIP: 400653KK6<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3367526.44   | 0.28%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                                | CUSIP: 786107XA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2052465.20   | 0.17%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING REVENUE                                                                                  | CUSIP: 13049RBQ8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    560000 | PA      | $478109.58    | 0.04%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Upland CA                                                               | UPLAND CA COPS                                                                                                                     | CUSIP: 915346FV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036631.60   | 0.09%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                        | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                                                                                          | CUSIP: 76827QHF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4842670.56   | 0.40%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS2W3H0   IRS USD R F  4.08700 IS2W3H0 CCPOIS / Short: SS2W3H0   IRS USD P V 00MSOFR IS2W3I1 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21800000 | OU      | $779381.93    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                     | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                          | CUSIP: 12574WAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1428511.60   | 0.12%             | 2058-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palomar Health                                                                  | PALOMAR HLTH CA                                                                                                                    | CUSIP: 697527AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1275462.99   | 0.11%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                       | CUSIP: 40064RFU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1089915.75   | 0.09%             | 2038-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS346M1   IRS USD R V 00MSOFR IS346N2 CCPOIS / Short: BS346M1   IRS USD P F  3.60300 IS346M1 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7300000 | OU      | $53407.30     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rialto Redevelopment Agency                                                     | RIALTO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                                   | CUSIP: 76246PCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2311876.85   | 0.19%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532QB3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   8335000 | PA      | $9324317.82   | 0.77%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE                                                                                     | CUSIP: 40065FFJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004552.80   | 0.08%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048V2Q0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    655000 | PA      | $673573.51    | 0.06%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine Facilities Financing Authority                                           | IRVINE CA FACS FING AUTH SPL TAX REVENUE                                                                                           | CUSIP: 46360WAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $344071.63    | 0.03%             | 2050-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532QC1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3352287.90   | 0.28%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Los Angeles CA Community Facilities District No 2021-01               | LOS ANGELES CNTY CA CMNTY FACS DIST #2021-01 SPL TAX                                                                               | CUSIP: 54531MAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2452390.50   | 0.20%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                            | SAN DIEGO CA UNIF SCH DIST                                                                                                         | CUSIP: 797356JN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10312913.00  | 0.86%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                    | CUSIP: 13049YEC1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1467857.00   | 0.12%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS30759   IRS USD R V 12MUSCPI IS30760 CCP INFLATION ZERO / Short: BS30759   IRS USD P F  2.45000 BS30759 CCP INFLATION ZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  28158000 | OU      | $410906.88    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                       | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7155000 | PA      | $5878581.63   | 0.49%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST REVENUE                                                                                           | CUSIP: 940204EV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030811.40   | 0.17%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                         | CUSIP: 13068XPS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2108602.60   | 0.18%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D3R7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4460788.00   | 0.37%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                  | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $906764.60    | 0.08%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEVAUTH POLL CONTROL REVENUE                                                                             | CUSIP: 13078HBB7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   8050000 | PA      | $8265203.07   | 0.69%             | 2033-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                                | CUSIP: 786107WX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2193940.30   | 0.18%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $9136400.06   | 0.76%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                                                                                     | CUSIP: 91412HNW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5662179.04   | 0.47%             | 2033-05-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                         | CUSIP: 13068XLQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025006.10   | 0.09%             | 2033-04-01      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TSP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $833228.88    | 0.07%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE                                                                                 | CUSIP: 13081CAC2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2301967.85   | 0.19%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8650000 | PA      | $9109930.02   | 0.76%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TGD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1164285.60   | 0.10%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 544445YG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1488842.40   | 0.12%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 544445YH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1402015.80   | 0.12%             | 2049-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                        | CUSIP: 38122NZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4109313.50   | 0.34%             | 2038-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                       | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $1432599.00   | 0.12%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                         | CUSIP: 13068XLF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534180.05   | 0.13%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TKD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1762596.40   | 0.15%             | 2059-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                         | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 3137H9JM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1859641 | PA      | $1726278.13   | 0.14%             | 2036-07-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2205088.80   | 0.18%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TYQ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5003941.00   | 0.42%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                       | CUSIP: 40064RFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1089066.48   | 0.09%             | 2039-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                     | CUSIP: 745160SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $2005000.72   | 0.17%             | 2035-07-01      | Fixed         | 5.00%                 | 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        |   2900000 | PA      | $2651989.97   | 0.22%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AES PUERTO RICO LP                                                              | AES PUERTO RICO LP                                                                                                                 | CUSIP: 00810HAA0<br>LEI: 54930031FSLPC1L9X341 | Long             | DBT              | CORP              | US        |     22901 | PA      | $22213.85     | 0.00%             | 2026-03-04      | Variable      | 11.50%                | No            |                  3 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10426651.00  | 0.87%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                               | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4818087.45   | 0.40%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JBJ4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3720543.54   | 0.31%             | 2053-05-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| AES GUAYAMA HOLDINGS PFD                                                        | AES GUAYAMA HOLDINGS PFD                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28882 | NS      | $84046.62     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                         | CUSIP: 544552C26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106939.40   | 0.09%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UT65<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2411485.38   | 0.20%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TUL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1299209.85   | 0.11%             | 2059-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TUK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2024771.05   | 0.17%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444453M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3157350.54   | 0.26%             | 2041-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                     | CUSIP: 745160TW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947518.40    | 0.08%             | 2027-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                          | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1957991.60   | 0.16%             | 2056-04-01      | Floating      | 3.03%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GCU8<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015290.80   | 0.08%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fremont CA Community Facilities District No 1                           | FREMONT CA CMNTY FACS DIST #1                                                                                                      | CUSIP: 357129CH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000136.40   | 0.33%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS2Z186   IRS USD R V 00MSOFR IS2Z197 CCPOIS / Short: BS2Z186   IRS USD P F  3.23100 IS2Z186 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  16500000 | OU      | $518240.06    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Stockton Redevelopment Agency Successor Agency                                  | STOCKTON CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                                 | CUSIP: 861403AK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2851307.20   | 0.24%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1880490 | PA      | $1765164.78   | 0.15%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | MUNI ELEC AUTH OF GEORGIA                                                                                                          | CUSIP: 6262072N3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101934.59    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Palo Alto CA                                                            | PALO ALTO CA IMPT BOND ACT 1915                                                                                                    | CUSIP: 697373CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $755228.92    | 0.06%             | 2030-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VWT1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1106892.26   | 0.09%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TEV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $944514.84    | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UNC8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3014809.50   | 0.25%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GTE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035245.50   | 0.09%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2492186.13   | 0.21%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS31TF6   IRS USD R F  4.08200 IS31TF6 CCPOIS / Short: SS31TF6   IRS USD P V 00MSOFR IS31TG7 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   9700000 | OU      | $317626.33    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GDT0<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012679.00   | 0.08%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469BK3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   8985000 | PA      | $9123423.81   | 0.76%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sacramento County Water Financing Authority                                     | SACRAMENTO CNTY CA WTR FING AUTH REVENUE                                                                                           | CUSIP: 78615RCU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1345920.56   | 0.11%             | 2034-06-01      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048V2R8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    535000 | PA      | $545815.08    | 0.05%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                        | CUSIP: 02936TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1461687.59   | 0.12%             | 2038-09-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469CM8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2529002.31   | 0.21%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469CD8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030902.90   | 0.09%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                                 | CUSIP: 13069ABE7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4316717.50   | 0.36%             | 2064-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 13013FAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $635718.60    | 0.05%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                                     | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  12620000 | OU      | $699742.94    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| County of Sacramento CA                                                         | SACRAMENTO CNTY CA SPL TAX                                                                                                         | CUSIP: 786153NU6<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1240201.38   | 0.10%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TTB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1495145.69   | 0.12%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento County Water Financing Authority                                     | SACRAMENTO CNTY CA WTR FING AUTH REVENUE                                                                                           | CUSIP: 78615RCV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5375000 | PA      | $4848607.44   | 0.40%             | 2039-06-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH REVENUE                                                                                                 | CUSIP: 13057EAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004830.70   | 0.08%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1181705.12   | 0.10%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST                                                                                                   | CUSIP: 940642GE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1843296.18   | 0.15%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                                 | CUSIP: 13069AAK4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    840000 | PA      | $615950.24    | 0.05%             | 2061-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10766287.00  | 0.89%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444452R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8760000 | PA      | $9451054.50   | 0.78%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                         | CUSIP: 40065HDN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $422943.35    | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TSY0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $987892.17    | 0.08%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VBV9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5685000 | PA      | $5728871.15   | 0.48%             | 2036-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13062T4D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5010.13      | 0.00%             | 2029-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469AM0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2334189.74   | 0.19%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                         | CUSIP: 544552C59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2301112.49   | 0.19%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                         | CUSIP: 010869JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17955000 | PA      | $10184478.19  | 0.85%             | 2047-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JDC7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5020937.50   | 0.42%             | 2054-02-01      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2836655 | PA      | $114257.04    | 0.01%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                         | CUSIP: 13068XPU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2725377.58   | 0.23%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                    | CUSIP: 13049YDY4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2686675.79   | 0.22%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TW66<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    625000 | PA      | $639956.19    | 0.05%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                     | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                          | CUSIP: 12574WAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1236652.00   | 0.10%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2288532.74   | 0.19%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048V2U1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2014385.18   | 0.17%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                        | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5550000 | PA      | $4998397.71   | 0.41%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1310250.22   | 0.11%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   6846151 | PA      | $6456186.56   | 0.54%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TRD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1863516.60   | 0.15%             | 2056-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516436.35    | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GKC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $675450.49    | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                               | LONG BEACH CA BOND FIN AUTH NATURAL GAS PURCHASE REVENUE                                                                           | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5841268.86   | 0.48%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UU22<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526079.15   | 0.13%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $680698.95    | 0.06%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | California Housing Finance Agency                                                                                                  | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2491649 | PA      | $112791.71    | 0.01%             | 2036-08-20      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH EDUCTNL REVENUE                                                                                        | CUSIP: 13049AAF0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1907299.23   | 0.16%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                                                                             | CUSIP: 939783ZA7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    100000 | PA      | $87761.61     | 0.01%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                        | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $2789982.36   | 0.23%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS31F25   IRS USD R F  4.09150 IS31F25 CCPOIS / Short: SS31F25   IRS USD P V 00MSOFR IS31F36 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  24500000 | OU      | $809501.08    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                       | CUSIP: 40064RFR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $566760.60    | 0.05%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048V2T4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1226909.19   | 0.10%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13290540.00  | 1.10%             | 2054-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469CF3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023489.60   | 0.08%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Los Angeles CA                                                        | LOS ANGELES CNTY CA                                                                                                                | CUSIP: 544657JC4<br>LEI: 254900NGUPWO7FB6II89 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7685488.50   | 0.64%             | 2026-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1548144.44   | 0.13%             | 2056-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JCS3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5298326.00   | 0.44%             | 2054-05-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1759708.25   | 0.15%             | 2056-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                  | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $85694.08     | 0.01%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GER3<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    775000 | PA      | $783763.24    | 0.07%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532EY6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1490997.89   | 0.12%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TGP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $412853.02    | 0.03%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS30FB1   IRS USD R F  2.53125 IS30FB1 CCPINFLATIONZERO / Short: SS30FB1   IRS USD P V 12MUSCPI IS30FC2 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  43290000 | OU      | $-435876.19   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GKH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251920.58    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DSA8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951951.40   | 0.16%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                     | FOOTHILL-DE ANZA CA CMNTY CLG DIST                                                                                                 | CUSIP: 345102GH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1484866.33   | 0.12%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 130179VH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2000022.99   | 0.17%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                      | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE                                                                                | CUSIP: 76912DAY4<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1622239.39   | 0.13%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   7087240 | PA      | $7183984.16   | 0.60%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TFU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1886917.80   | 0.16%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                | CUSIP: 120827EC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3065388.00   | 0.25%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District                                                  | IRVINE CA UNIF SCH DIST SPL TAX                                                                                                    | CUSIP: 463612JZ5<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    995000 | PA      | $992205.05    | 0.08%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TNC3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2745000 | PA      | $54900.00     | 0.00%             | 2032-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                        | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8901462.60   | 0.74%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $961163.10    | 0.08%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                         | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE                                                                       | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3327355.77   | 0.28%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12525152.40  | 1.04%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VF37<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10254339.00  | 0.85%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Irvine Facilities Financing Authority                                           | IRVINE CA FACS FING AUTH SPL TAX REVENUE                                                                                           | CUSIP: 46360WAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $379439.19    | 0.03%             | 2049-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $1746000.00   | 0.14%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                    | CUSIP: 13049YDP3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1437506.89   | 0.12%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Long: SS2FOL0   IRS USD R F  2.71900 IS2FOL0 CCPOIS / Short: SS2FOL0   IRS USD P V 00MSOFR IS2FOM1 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  14000000 | OU      | $-306564.93   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $624588.60    | 0.05%             | 2056-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                    | CUSIP: 13049YDX6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3477048.96   | 0.29%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CA PUBLIC PWR AUTH NATURAL GAS PROJ REVENUE                                                                                  | CUSIP: 842471AY0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   6280000 | PA      | $6674221.98   | 0.55%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063A7D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1391137.56   | 0.12%             | 2039-10-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TTR4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3081821.60   | 0.26%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District Public Financing Authority                        | POWAY CA UNIF SCH DIST PUBLIC FING AUTH SPL TAX REVENUE                                                                            | CUSIP: 73885QGE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $995822.57    | 0.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GKG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $258408.41    | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12265000 | PA      | $13332370.21  | 1.11%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                    | CUSIP: 13049YEB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5325000 | PA      | $5021301.41   | 0.42%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS309H5   IRS USD R V 12MUSCPI IS309I6 CCPINFLATIONZERO / Short: BS309H5   IRS USD P F  2.51600 IS309H5 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  28184000 | OU      | $323427.18    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TBU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4675000 | PA      | $4579945.10   | 0.38%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                | CUSIP: 120827DX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1080351.75   | 0.09%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996345.70    | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Menifee Union School District                                                   | MENIFEE CA UNION SCH DIST SPL TAX                                                                                                  | CUSIP: 586810E66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1215385.76   | 0.10%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DVV8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5642153.34   | 0.47%             | 2041-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                        | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1184900.38   | 0.10%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TKV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1016215.50   | 0.08%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TGY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4770000 | PA      | $4690625.77   | 0.39%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redding Joint Powers Financing Authority                                        | REDDING CA JT PWRS FING AUTH ELEC SYS REVENUE                                                                                      | CUSIP: 75728LBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1357901.96   | 0.11%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                        | CUSIP: 13054WAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8740000 | PA      | $8832665.85   | 0.73%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1273119.50   | 0.11%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   6146085 | PA      | $6141633.39   | 0.51%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                              | SAN JOSE CA ARPT REVENUE                                                                                                           | CUSIP: 798136VM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1119686.92   | 0.09%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Barbara Secondary High School District                                    | SANTA BARBARA CA SECONDARY HIGH SCH DIST                                                                                           | CUSIP: 80131RAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15395000 | PA      | $9543241.96   | 0.79%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1841956.80   | 0.15%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3631610.00   | 0.30%             | 2056-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rialto Redevelopment Agency                                                     | RIALTO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                                   | CUSIP: 76246PCT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528452.60    | 0.04%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                          | CUSIP: 072024XU1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |  14800000 | PA      | $14303852.20  | 1.19%             | 2056-04-01      | Floating      | 3.14%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525A32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1270605.50   | 0.11%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE                                                                              | CUSIP: 13078RHC7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518178.05   | 0.13%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                         | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5206994 | PA      | $279546.86    | 0.02%             | 2036-07-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063A5G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1199134.80   | 0.10%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                               | LONG BEACH CA BOND FIN AUTH NATURAL GAS PURCHASE REVENUE                                                                           | CUSIP: 54241AAY9<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3876576.83   | 0.32%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                         | CUSIP: 544552C34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2227108.80   | 0.18%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525Y93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5389823.50   | 0.45%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $548622.60    | 0.05%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 130179UW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $2930163.95   | 0.24%             | 2048-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Oxnard Financing Authority                                                      | OXNARD CA FING AUTH WSTWTR REVENUE                                                                                                 | CUSIP: 691878BU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5258310.75   | 0.44%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SMH4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5010311.50   | 0.42%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                       | CUSIP: 40064RFS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210498.44    | 0.02%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 13013FBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1275575.00   | 0.11%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA MUN FIN AUTH STUDENT RESIDENCE REVENUE                                                                                  | CUSIP: 13051EAJ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1813879.60   | 0.15%             | 2055-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                                                 | CALIFORNIA ST EARTHQUAKE AUTH                                                                                                      | CUSIP: 13017HAP1<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1491049.37   | 0.12%             | 2027-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                                | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 12574VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2538579.20   | 0.21%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080ST79<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |  18310000 | PA      | $18695663.53  | 1.55%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                                 | CUSIP: 13069AAT5<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $802520.20    | 0.07%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rialto Redevelopment Agency                                                     | RIALTO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                                   | CUSIP: 76246PCU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526123.60    | 0.04%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059THA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $645878.68    | 0.05%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bakersfield City School District                                                | BAKERSFIELD CA CITY SCH DIST                                                                                                       | CUSIP: 057507NN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9155000 | PA      | $6711855.50   | 0.56%             | 2047-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                 | Long: BS349Y4   CDS USD R V 03MEVENT IS349Z5 CCPCDX / Short: BS349Y4   CDS USD P F  5.00000 IS349Y4 CCPCDX                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  18600000 | OU      | $-1526182.22  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 1301786W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008346.80   | 0.17%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GSU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2813224.40   | 0.23%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                               | CUSIP: 13034AN48<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4578644.96   | 0.38%             | 2050-12-01      | Floating      | 3.43%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                       | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104739.30   | 0.09%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UT73<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4455081.63   | 0.37%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                               | CUSIP: 13034A5L0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9715007.00   | 0.81%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GKF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254715.20    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SM84<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016694.00   | 0.17%             | 2057-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VCA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4093419.50   | 0.34%             | 2047-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAL9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1959573 | PA      | $1966483.32   | 0.16%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                | CUSIP: 120827EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10091085.00  | 0.84%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444453A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1128555.34   | 0.09%             | 2045-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                               | IRVINE CA SPL TAX                                                                                                                  | CUSIP: 46360TFV0<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2403879.12   | 0.20%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TTA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $610303.05    | 0.05%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                | CUSIP: 120827ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9119894.40   | 0.76%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                        | CUSIP: 13054WBA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116844.80   | 0.18%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $665400.20    | 0.06%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Palo Alto CA                                                            | PALO ALTO CA IMPT BOND ACT 1915                                                                                                    | CUSIP: 697373CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $537781.78    | 0.04%             | 2028-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                                                                                 | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     55947 | PA      | $35106.62     | 0.00%             | 2043-11-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $764309.30    | 0.06%             | 2059-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH REVENUE                                                                                                 | CUSIP: 13056HAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1892404.40   | 0.16%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton Redevelopment Agency Successor Agency                                  | STOCKTON CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                                 | CUSIP: 861403AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016405.60   | 0.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TQC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1810785.20   | 0.15%             | 2061-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                        | Nuveen California AMT-Free Quality Municipal Income Fund                                                                           | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.41%             | 2047-10-01      | Floating      | 3.18%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH REVENUE                                                                                                 | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036361.60   | 0.17%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GEM4<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1042050.36   | 0.09%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TDF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2474234.00   | 0.21%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VBS6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956486.80    | 0.08%             | 2032-12-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1330178.00   | 0.11%             | 2057-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TUM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2010648.72   | 0.17%             | 2064-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                           | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                       | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     46872 | PA      | $4.69         | 0.00%             | 2029-12-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DUV9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2652057.60   | 0.22%             | 2036-05-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 13013FAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1537424.40   | 0.13%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VWU8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $940951.92    | 0.08%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059TCD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950990.10    | 0.08%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA                                                         | SACRAMENTO CNTY CA SPL TAX                                                                                                         | CUSIP: 786153NT9<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |    990000 | PA      | $992073.26    | 0.08%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TW58<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    565000 | PA      | $580429.87    | 0.05%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GSR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2737737.25   | 0.23%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D4G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5213297.50   | 0.43%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Menifee Union School District                                                   | MENIFEE CA UNION SCH DIST SPL TAX                                                                                                  | CUSIP: 586810E58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003272.20   | 0.08%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444453C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17850000 | PA      | $17550394.89  | 1.46%             | 2055-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT                                                                                                                          | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $225530.85    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING REVENUE                                                                                  | CUSIP: 13049RBS4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1256533.65   | 0.10%             | 2056-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TRC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2554648.96   | 0.21%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | ROSEVILLE CA SPL TAX                                                                                                               | CUSIP: 777870XV3<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1346114.35   | 0.11%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1192372.67   | 0.10%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                                | CUSIP: 786107WW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044924.70   | 0.09%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                       | CUSIP: 74528KAA1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    172179 | PA      | $171559.19    | 0.01%             | 2027-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $1395000.00   | 0.12%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                         | CUSIP: 010869MM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $474609.40    | 0.04%             | 2053-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GNT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $2740588.14   | 0.23%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                                   | CUSIP: 55374SAF7<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11874264.00  | 0.99%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TGE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1378196.75   | 0.11%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                               | IRVINE CA SPL TAX                                                                                                                  | CUSIP: 46360TFW8<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4159939.53   | 0.35%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GEP7<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1120643.15   | 0.09%             | 2034-08-01      | Fixed         | 5.00%                 | 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        |  37370000 | PA      | $3467902.37   | 0.29%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                       | CUSIP: 74528KAB9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1313181 | PA      | $1309451.70   | 0.11%             | 2028-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                         | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 35833JAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3535152 | PA      | $2830852.52   | 0.23%             | 2038-01-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SYR9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051011.70   | 0.09%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SWP5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3165000 | PA      | $2811265.36   | 0.23%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                                 | CUSIP: 13069AAJ7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1438628.63   | 0.12%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                         | CUSIP: 13077DQM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5040430.80   | 0.42%             | 2033-11-01      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST                                                                                                   | CUSIP: 940642GD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1180935.89   | 0.10%             | 2045-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063EBQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073493.80   | 0.17%             | 2034-09-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue      | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR                                                                        | CUSIP: 79768HJN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031635.20   | 0.17%             | 2027-10-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA MUN FIN AUTH STUDENT RESIDENCE REVENUE                                                                                  | CUSIP: 13051EAK6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2740767.90   | 0.23%             | 2060-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                         | CUSIP: 40065HDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $461920.32    | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TSG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $507144.59    | 0.04%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                       | CUSIP: 40064RFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257630.93    | 0.02%             | 2040-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Atwater CA Wastewater Revenue                                           | ATWATER CA WSTWTR REVENUE                                                                                                          | CUSIP: 050002AX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004936.80   | 0.08%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TW82<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $610390.68    | 0.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444453D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4048173.09   | 0.34%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                                              | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                                   | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   7425567 | NS      | $7425567.08   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                         | CUSIP: 13068XPT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3145254.00   | 0.26%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE                                                                         | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5810000 | PA      | $5276241.69   | 0.44%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Upland Unified School District                                                  | UPLAND CA UNIF SCH DIST                                                                                                            | CUSIP: 91537PFA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $714662.90    | 0.06%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | ROSEVILLE CA SPL TAX                                                                                                               | CUSIP: 777870WE2<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    640000 | PA      | $644889.47    | 0.05%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3058072.80   | 0.25%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                         | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE                                                                       | CUSIP: 888804CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4731292.50   | 0.39%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                            | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                       | CUSIP: 11023PAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $951119.12    | 0.08%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UNE4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1931858.80   | 0.16%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VBW7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4022758.80   | 0.33%             | 2037-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TTS2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2714634.00   | 0.23%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GEQ5<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    595000 | PA      | $602544.01    | 0.05%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yucaipa Valley Water District Financing Authority                               | YUCAIPA VLY WTR DIST FING AUTH REVENUE                                                                                             | CUSIP: 98840BBG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10128385.00  | 0.84%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                     | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                          | CUSIP: 12574WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2429544.00   | 0.20%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                         | CUSIP: 89356CAU0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2062948.14   | 0.17%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DWU9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  10185000 | PA      | $10513436.71  | 0.87%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469BJ6<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4271755.70   | 0.35%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 130179PH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1279980.26   | 0.11%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District Public Financing Authority                        | POWAY CA UNIF SCH DIST PUBLIC FING AUTH SPL TAX REVENUE                                                                            | CUSIP: 73885QGD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501348.35   | 0.12%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                               | CUSIP: 840058WD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4108045.35   | 0.34%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Los Angeles CA Community Facilities District No 2021-01               | LOS ANGELES CNTY CA CMNTY FACS DIST #2021-01 SPL TAX                                                                               | CUSIP: 54531MAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2735028.45   | 0.23%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532LV4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1734982.08   | 0.14%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CA PUBLIC PWR AUTH REVENUE                                                                                                   | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3814062.12   | 0.32%             | 2055-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SNM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001392.00   | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                               | CUSIP: 13034A5Z9<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $19423610.00  | 1.61%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                               | CUSIP: 74526Q2Q4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998639.70    | 0.08%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                        | CUSIP: 02936TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $430680.86    | 0.04%             | 2035-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                            | CUSIP: 13080SSH8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1661084.14   | 0.14%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TCR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2229136.25   | 0.19%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                         | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE                                                                       | CUSIP: 888804CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022027.10   | 0.08%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH EDUCTNL FAC REVENUE                                                                              | CUSIP: 13068WAF8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1755365.18   | 0.15%             | 2053-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                               | CUSIP: 74526Q2U5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992492.00    | 0.08%             | 2034-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Compton Community Redevelopment Agency Successor Agency                         | COMPTON CA CMNTY REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                            | CUSIP: 204713AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3919556.90   | 0.33%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                         | CUSIP: 544552C83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088703.20   | 0.09%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS308B2   IRS USD R V 12MUSCPI IS308C3 CCPINFLATION ZERO / Short: BS308B2   IRS USD P F  2.49900 BS308B2 CCP INFLATION ZERO  | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  28158000 | OU      | $346196.13    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532PU2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4997532.50   | 0.41%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TFY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $352356.37    | 0.03%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS2YFS1   IRS USD R V 00MSOFR IS2YFT2 CCPOIS / Short: BS2YFS1   IRS USD P F  3.54500 IS2YFS1 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  20000000 | OU      | $142902.93    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                         | CUSIP: 40065HDM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3883330.87   | 0.32%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                     | CUSIP: 745160SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2605380.13   | 0.22%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE                                                                              | CUSIP: 13078RHA1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016909.10   | 0.08%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE                                                                                 | CUSIP: 13081CAD0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2535764.11   | 0.21%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS31T56   IRS USD R V 12MUSCPI IS31T67 CCPINFLATIONZERO / Short: BS31T56   IRS USD P F  2.56880 IS31T56 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  36500000 | OU      | $325861.05    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE                                                                                 | CUSIP: 13081CAE8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1462673.57   | 0.12%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GSS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2727540.50   | 0.23%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                         | CUSIP: 89356CAS5<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992923.00    | 0.08%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TRB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1782558.34   | 0.15%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GRL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21000000 | PA      | $20661740.40  | 1.71%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE                                                                              | CUSIP: 13078RHB9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1430616.03   | 0.12%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GRJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1182429.50   | 0.10%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                       | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE                                                                          | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3775474.56   | 0.31%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                         | CUSIP: 13077DMP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1392505.95   | 0.12%             | 2028-11-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                           | CUSIP: 79770GDQ6<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016634.50   | 0.08%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4017098.40   | 0.33%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10375000 | PA      | $10908344.51  | 0.91%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TW90<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1166685.35   | 0.10%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community College Financing Authority                                | CALIFORNIA ST CMNTY CLG FING AUTH CLG HSG REVENUE                                                                                  | CUSIP: 13012RAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3654381.96   | 0.30%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | ROSEVILLE CA SPL TAX                                                                                                               | CUSIP: 777870XW1<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021834.70   | 0.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DWP0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5265000 | PA      | $5563420.73   | 0.46%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK NATIONAL CHARTR                                                                       | CUSIP: 13035ADV8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3137079.08   | 0.26%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                         | CUSIP: 89356CAT3<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1922116.40   | 0.16%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DWX3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  12550000 | PA      | $12670823.87  | 1.05%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST REVENUE                                                                                           | CUSIP: 940204EW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519198.05   | 0.13%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TSF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $543140.79    | 0.05%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                         | CUSIP: 13068XLP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058660.80   | 0.17%             | 2032-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                                                                                              | CUSIP: 13050WAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4388921 | PA      | $3857573.64   | 0.32%             | 2041-02-20      | Floating      | 3.54%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256602.28    | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1748766.51   | 0.15%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS32119   IRS USD R F  4.02700 IS32119 CCPOIS / Short: SS32119   IRS USD P V 00MSOFR IS32120 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21200000 | OU      | $665894.52    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TW74<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    570000 | PA      | $581851.33    | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TSQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2109110.60   | 0.18%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                        | CUSIP: 13054WBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030392.70   | 0.09%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                                                                                 | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1237505 | PA      | $865121.18    | 0.07%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $5036596.14   | 0.42%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                            | CUSIP: 13059THF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $668450.24    | 0.06%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                      | CUSIP: 13063DU89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2098127.60   | 0.17%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                                                                                              | CUSIP: 400653JH5<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2978819.47   | 0.25%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048VCD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8005000 | PA      | $7633872.19   | 0.63%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH REVENUE                                                                                                 | CUSIP: 13056HAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $722525.03    | 0.06%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525F94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8750000 | PA      | $8916705.88   | 0.74%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TRN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2341631.38   | 0.19%             | 2062-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING REVENUE                                                                                  | CUSIP: 13049RBR6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3605000 | PA      | $2756361.37   | 0.23%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                              | SAN JOSE CA ARPT REVENUE                                                                                                           | CUSIP: 798136VN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031668.00   | 0.17%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                        | CUSIP: 13058TJM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $519491.19    | 0.04%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Upland CA                                                               | UPLAND CA COPS                                                                                                                     | CUSIP: 915346GB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3895000 | PA      | $3812210.22   | 0.32%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Palo Alto CA                                                            | PALO ALTO CA IMPT BOND ACT 1915                                                                                                    | CUSIP: 697373CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1685000.00   | 0.14%             | 2025-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 130179JF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3890256.40   | 0.32%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 13013FAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $791988.00    | 0.07%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                        | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9536686.00   | 0.79%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                | CUSIP: 13048TX24<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023095.80   | 0.17%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** AB MUNICIPAL INCOME FUND, INC.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller