# EDGAR Filing Document

**Accession Number:** 0000319676
**File Stem:** 0001410368-26-056113
**Filing Date:** 2026-5
**Character Count:** 191578
**Document Hash:** b585689f1226d681a0d51035905dd4c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-056113.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001410368-26-056113

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calvert Management Series
- **CENTRAL INDEX KEY:** 0000319676

**ORGANIZATION NAME:**
- **EIN:** 526211999
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03101
- **FILM NUMBER:** 261041065

**BUSINESS ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 8002256265

**MAIL ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALVERT TAX FREE RESERVES
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Calvert Responsible Municipal Income Fund (Series ID: S000005140)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014074 | Class A      | CTTLX           |
| C000160651 | Class C      | CTTCX           |
| C000160653 | Class I      | CTTIX           |

## Nport-Ex

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited)

------

Corporate Bonds — 2.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Consumer, Non-cyclical — 0.8% | Consumer, Non-cyclical — 0.8% |  |
| Conservation Fund, 3.474%, 12/15/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3453 | $3296525 |
|  |  | **$3296525** |
| Financial — 1.1% | Financial — 1.1% |  |
| BlueHub Loan Fund, Inc., 3.099%, 1/1/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $4619927 |
|  |  | **$4619927** |
| Other Revenue — 0.3% | Other Revenue — 0.3% |  |
| Nature Conservancy, Series A, 0.944%, 7/1/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1285 | $1273809 |
|  |  | **$1273809** |
| Total Corporate Bonds<br> (identified cost $9,703,300) |  | &nbsp;&nbsp;&nbsp;**$9190261** |

---

Tax-Exempt Mortgage-Backed Securities — 3.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Housing — 3.2% | Housing — 3.2% |  |
| National Finance Authority, NH, Municipal Certificates: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A, 4.375%, 9/20/36 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2849 | $2867487 |
| &nbsp;&nbsp;&nbsp;Series 2022-2, Class A, 4.00%, 10/20/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2856 | &nbsp;&nbsp; 2815712 |
| &nbsp;&nbsp;&nbsp;Series 2024-2, Class A, 3.625%, 8/20/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1479 | &nbsp;&nbsp; 1390785 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A, 4.164%, 10/1/51<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2473 | &nbsp;&nbsp; 2371044 |
| Washington Housing Finance Commission, Municipal Certificates, Series 2024-1, Class A, 3.812%, 3/1/50<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3956 | &nbsp;&nbsp; 3812850 |
| Total Tax-Exempt Mortgage-Backed Securities<br> (identified cost $12,943,416) |  | **$13257878** |

---

Tax-Exempt Municipal Obligations — 85.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Bond Bank — 2.4% | Bond Bank — 2.4% |  |
| Indianapolis Local Public Improvement Bond Bank, IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2895 | $2973679 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 1/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1875 | &nbsp;&nbsp; 1919080 |
| Michigan Finance Authority, (Clean Water Revolving Fund), 3.00%, 10/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 | &nbsp;&nbsp; 1235347 |
| New York State Environmental Facilities Corp., (State Revolving Fund), Green Bonds, 5.25%, 9/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1880 | &nbsp;&nbsp; 1973251 |
| Oklahoma Water Resources Board, 4.00%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1215 | &nbsp;&nbsp; 1187089 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Bond Bank (continued) | Bond Bank (continued) |  |
| Rhode Island Infrastructure Bank, State Revolving Fund: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 10/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | $335187 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 10/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp; 501999 |
|  |  | **$10125632** |
| Education — 5.1% | Education — 5.1% |  |
| Arizona Industrial Development Authority, (Equitable School Revolving Fund LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870 | $919548 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp; 789940 |
| Arizona State University: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2012035 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;1656040 |
| Build NYC Resource Corp., NY, (Academic Leadership Charter School): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119878 |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80411 |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98756 |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97992 |
| California Enterprise Development Authority, (Rocklin Academy), 5.00%, 6/1/34<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519305 |
| Connecticut Health and Educational Facilities Authority, (Area Cooperative Educational Services): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129172 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64139 |
| Connecticut State Health and Educational Facilities Authority, (Fairfield University), 4.00%, 7/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891679 |
| Grand Valley State University, MI, 5.00%, 12/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1002773 |
| Maricopa County Industrial Development Authority, AZ, (Arizona Autism Charter Schools), Social Bonds, 4.00%, 7/1/31<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248900 |
| Maricopa County Industrial Development Authority, AZ, (Legacy Traditional Schools), 3.00%, 7/1/31<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472475 |
| Navajo County Unified School District No. 27, AZ, 5.50%, 7/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp;1185726 |
| New York Dormitory Authority: |  |  |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, 5.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244372 |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, 5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270245 |
| Ohio Higher Educational Facility Commission, (Oberlin College), Green Bonds, 5.00%, 10/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;4110427 |
| Pennsylvania Higher Educational Facilities Authority: |  |  |
| &nbsp;&nbsp;&nbsp;Escrowed to Maturity, 4.00%, 6/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244398 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 6/15/26, 4.00%, 6/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20046 |
| Public Finance Authority, WI, (Coral Academy of Science Las Vegas), 4.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883109 |
| Public Finance Authority, WI, (Roseman University of Health Sciences), 4.00%, 4/1/32<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668026 |
| University of California, 5.25%, 5/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449446 |
| University of South Carolina, 5.00%, 5/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405 | &nbsp;&nbsp;&nbsp;&nbsp;1464042 |
| University of Texas System, 5.00%, 8/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843026 |

---

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Education (continued) | Education (continued) |  |
| University System of Maryland, 4.375%, 4/1/51 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2245 | $2193017 |
|  |  | **$21678923** |
| Electric Utilities — 4.2% | Electric Utilities — 4.2% |  |
| American Municipal Power, Inc., OH, (Greenup Hydroelectric): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | $535176 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp; 1069792 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp; 1590141 |
| Douglas County Public Utility District No. 1, WA: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2020321 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2011556 |
| Grant County Public Utility District No. 2, WA, (Priest Rapids Hydroelectric Project), 5.00%, 1/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1525 | &nbsp;&nbsp;&nbsp;&nbsp;1631950 |
| Mesa, AZ, Utility Systems Revenue, 4.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035 | &nbsp;&nbsp;&nbsp;&nbsp;1035080 |
| Missouri Joint Municipal Electric Utility Commission, Green Bonds, 5.25%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2151723 |
| Tacoma, WA, Electric System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 1/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889750 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 1/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3100639 |
| Trinity Public Utilities District Authority, CA, Green Bonds, 4.00%, 4/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1120 | &nbsp;&nbsp;&nbsp;&nbsp;1100561 |
| Utah Associated Municipal Power Systems, 5.00%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680268 |
|  |  | **$17816957** |
| Escrowed/Prerefunded — 0.0%<sup>†</sup> | Escrowed/Prerefunded — 0.0%<sup>†</sup> |  |
| Public Finance Authority, WI, (Roseman University of Health Sciences), Escrowed to Maturity, 4.00%, 4/1/32<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10244 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10244** |
| General Obligations — 14.9% | General Obligations — 14.9% |  |
| Antelope Valley Community College District, CA, (Election of 2016), 5.25%, 8/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;$3273378 |
| Arapahoe County School District No. 5 Cherry Creek, CO, 5.25%, 12/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2196469 |
| Athens Independent School District, TX, (PSF Guaranteed), 5.00%, 2/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3510 | &nbsp;&nbsp;&nbsp;&nbsp;3726699 |
| Atlanta, GA, Social Bonds, 5.00%, 12/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;3831465 |
| California, 4.00%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1003302 |
| Canton Independent School District, TX, (PSF Guaranteed), 5.25%, 2/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp;2263852 |
| Cass County Joint Water Resource District, ND, 3.45%, 4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;1250264 |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp;2160904 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;4119527 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1924650 |
| Dallas Independent School District, TX, (PSF Guaranteed), 5.00%, 2/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp;2280783 |
| Detroit, MI: |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, 5.25%, 5/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653190 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 5.25%, 5/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659298 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| General Obligations (continued) | General Obligations (continued) |  |
| Groton, CT, Green Bonds, 4.125%, 4/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $1004727 |
| Hawaii, 4.00%, 10/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp; 2004937 |
| Howell Public Schools, MI, 5.00%, 5/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp; 271606 |
| Jackson County Consolidated School District No. 4, MO, 5.00%, 3/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp; 3446094 |
| Kern Community College District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp; 2258938 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp; 1338042 |
| Lake Stevens School District No. 4, WA, 4.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180 | &nbsp;&nbsp; 2181532 |
| Los Angeles Unified School District, CA, Sustainability Bonds, 5.00%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2035 | &nbsp;&nbsp;&nbsp;&nbsp;2337507 |
| Manteca Unified School District, CA, (Election of 2020), 5.25%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;2554942 |
| Metropolitan Water Reclamation District of Greater Chicago, IL, Green Bonds, 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3012648 |
| Oregon City School District No. 62, OR: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp;1915194 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753993 |
| Pasadena, CA, (Central Library), 5.00%, 9/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2980 | &nbsp;&nbsp;&nbsp;&nbsp;3135160 |
| Passaic County Improvement Authority, NJ, (Paterson Board of Education), Green Bonds, 3.00%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923527 |
| Peoria County Community Unit School District No. 323, IL, 5.00%, 4/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5389 |
| Pitkin County School District No. 1 Aspen, CO: |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/46<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499458 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/47<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604437 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/48<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820713 |
| Renton School District No. 403, WA, 4.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp;1230758 |
| San Francisco Bay Area Rapid Transit District, CA, (Election of 2016), Green Bonds, 5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3364219 |
|  |  | **$63007602** |
| Health Care - Miscellaneous — 1.2% | Health Care - Miscellaneous — 1.2% |  |
| Boys Town, NE, 5.00%, 7/1/46 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;$5150468 |
|  |  | &nbsp;&nbsp;&nbsp;**$5150468** |
| Hospital — 7.2% | Hospital — 7.2% |  |
| Brookhaven Development Authority, GA, (Children's Healthcare of Atlanta, Inc.), 4.00%, 7/1/49 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1965 | &nbsp;&nbsp;&nbsp;$1763627 |
| California Municipal Finance Authority, (Gateways Hospital and Mental Health Centers), 5.00%, 9/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674457 |
| Collier County Industrial Development Authority, FL, (NHC Healthcare System), 5.00% to 10/1/31 (Put Date), 10/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3202638 |
| Huntsville Health Care Authority, AL, (HH Health System), 5.00% to 6/1/30 (Put Date), 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;5335974 |
| Indiana Finance Authority, (Good Samaritan Hospital): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;&nbsp;&nbsp;1166678 |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2520 | &nbsp;&nbsp;&nbsp;&nbsp;2422991 |
| Indiana Finance Authority, (Indiana University Health), 5.00%, 10/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;1334540 |

---

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Hospital (continued) | Hospital (continued) |  |
| Massachusetts Development Finance Agency, (Dana-Farber Cancer Institute), 5.00%, 12/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | $505198 |
| Michigan Finance Authority, (Beaumont Health Credit Group), 4.00%, 11/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1860 | &nbsp;&nbsp; 1674502 |
| Michigan Finance Authority, (Henry Ford Health Detroit): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 2/29/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp; 609438 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 2/28/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp; 1167446 |
| Missouri Health and Educational Facilities Authority, (Mercy Health): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp; 1607396 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp; 981530 |
| New York State Dormitory Authority, (Nysarc, Inc.), 4.125%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp;1010284 |
| Tarrant County Cultural Education Facilities Finance Corp., TX, (Baylor Scott & White Health), 5.00% to 11/15/30 (Put Date), 11/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2152736 |
| University of Wisconsin Hospitals and Clinics Authority, Green Bonds, 4.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916067 |
| Wisconsin Health and Educational Facilities Authority, (Ascension Health Credit Group), 4.00%, 11/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3855 | &nbsp;&nbsp;&nbsp;&nbsp;3704917 |
|  |  | **$30230419** |
| Housing — 16.2% | Housing — 16.2% |  |
| Build NYC Resource Corp., NY, (Urban Resource Institute), 5.375%, 12/1/46 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;$534741 |
| California Municipal Finance Authority, (Caritas Corp.), Mobile Home Park Revenue, Social Bonds, 4.00%, 8/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913355 |
| California Municipal Finance Authority, (Terry Manor Apartments), (FNMA), Sustainability Bonds, 4.20%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940 | &nbsp;&nbsp;&nbsp;&nbsp;3916150 |
| Cuyahoga Metropolitan Housing Authority, OH, Social Bonds, 2.00%, 12/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957025 |
| Denver City and County Housing Authority, CO, Sustainability Bonds, 4.50%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2003439 |
| Denver City and County Housing Authority, CO, (4965 Washington Street), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;1265614 |
| EP Cimarron Ventanas PFC, TX, (Lifestyles at Los Paseos and Lifestyles on the Reserve), 4.125%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1947515 |
| EP Tuscany Zaragosa PFC, TX, (Tuscany at Mesa Hills and Villas at Zaragosa), 4.00%, 12/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4980 | &nbsp;&nbsp;&nbsp;&nbsp;4975603 |
| FW Texas Street Public Facility Corp., TX, 5.00%, 5/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;2630553 |
| Independent Cities Finance Authority, CA, (Union City Tropics): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 5/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp;&nbsp;&nbsp;1037358 |
| &nbsp;&nbsp;&nbsp;4.00%, 5/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;1152853 |
| Indiana Finance Authority, (CHF-Tippecanoe, LLC - Student Housing), 5.00%, 6/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826924 |
| Indiana Housing and Community Development Authority, SFMR: |  |  |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), Social Bonds, 4.35%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201984 |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), Social Bonds, 4.60%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1004705 |
| Los Angeles Housing Authority, CA, (FNMA), 3.75%, 4/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1925 | &nbsp;&nbsp;&nbsp;&nbsp;1911521 |
| Maine Housing Authority, Social Bonds, 4.15%, 11/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590 | &nbsp;&nbsp;&nbsp;&nbsp;1543951 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Housing (continued) | Housing (continued) |  |
| Maryland Community Development Administration, (Villages at Marley Station), (FNMA), Sustainability Bonds, 4.35%, 2/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3970 | $3786680 |
| Maryland Community Development Administration, Department of Housing and Community Development: |  |  |
| &nbsp;&nbsp;&nbsp;4.05%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575 | &nbsp;&nbsp; 1562403 |
| &nbsp;&nbsp;&nbsp;4.35%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp; 519763 |
| Maryland Economic Development Corp., (Morgan State University), Student Housing Revenue, 5.625%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp; 1058303 |
| Massachusetts Housing Finance Agency: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 3.30%, 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp; 545178 |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), Social Bonds, 4.40%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475 | &nbsp;&nbsp; 1495116 |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), Social Bonds, 4.70%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;2029777 |
| New Jersey Housing and Mortgage Finance Agency, SFMR, Social Bonds, 3.85%, 4/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3190 | &nbsp;&nbsp;&nbsp;&nbsp;3228162 |
| New York City Housing Development Corp., NY: |  |  |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 1.70%, 5/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;1818454 |
| &nbsp;&nbsp;&nbsp;Sustainable Development Bonds, 1.75%, 11/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849049 |
| &nbsp;&nbsp;&nbsp;Sustainable Neighborhood Bonds, 3.80%, 11/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965452 |
| New York Housing Finance Agency: |  |  |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, (FHLMC), (FNMA), (GNMA), (SONYMA), 2.85%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp;1665134 |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, (SONYMA), 2.50% to 5/1/27 (Put Date), 11/1/60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739569 |
| Oregon Housing and Community Services Department, (Redmond Landing Apartments), (FNMA), 4.33%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2145 | &nbsp;&nbsp;&nbsp;&nbsp;2074887 |
| Pennsylvania Housing Finance Agency, SFMR: |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 10/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890655 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 0.95%, 10/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390781 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.30%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2560 | &nbsp;&nbsp;&nbsp;&nbsp;2546869 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.40%, 10/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;1524183 |
| Public Finance Authority, WI, (Aggie Apartment Life Holding Corp., II LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;1159629 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995630 |
| Public Finance Authority, WI, (NC A&T Real Estate Foundation, LLC), 5.00%, 6/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681893 |
| Santa Barbara Housing Authority, CA, (Heritage Ridge Special Needs), 4.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;1856906 |
| Seattle Housing Authority, WA, (Juniper Apartments): |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 12/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1015112 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503968 |
| Utah Housing Corp., 4.00%, 1/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754984 |
| Vancouver Housing Authority, WA, (Battle Ground Portfolio), 4.625%, 2/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;1175527 |
| Virginia Housing Development Authority, 4.10%, 10/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2930 | &nbsp;&nbsp;&nbsp;&nbsp;2931922 |
| Washington Housing Finance Commission, (Radford Court and Nordheim Court), 5.50%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1020534 |
| Waterbury Housing Authority, CT, (Laurel Estates Preservation LLC), (FHLMC), 4.50%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp;1475654 |

---

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Housing (continued) | Housing (continued) |  |
| Wisconsin Housing and Economic Development Authority, 3.875% to 5/1/27 (Put Date), 11/1/54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | $485249 |
|  |  | **$68570714** |
| Industrial Development Revenue — 2.0% | Industrial Development Revenue — 2.0% |  |
| Baldwin County Industrial Development Authority, AL, (Novelis Corp.), (AMT), 4.30%to 3/1/33 (Put Date), 3/1/56<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | $2910772 |
| California Municipal Finance Authority, (Republic Services, Inc.), (AMT), 4.375% to 9/1/33 (Put Date), 9/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp; 1032037 |
| Henderson, KY, (Pratt Paper, LLC), (AMT), 3.70%, 1/1/32<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1415 | &nbsp;&nbsp; 1408037 |
| Niagara Area Development Corp., NY, (Covanta), (AMT), 4.75%, 11/1/42<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp; 1762194 |
| Valparaiso, IN, (Pratt Paper (IN) LLC), (AMT), 4.875%, 1/1/44<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp; 1257496 |
|  |  | &nbsp;&nbsp;&nbsp;**$8370536** |
| Insured - Education — 0.2% | Insured - Education — 0.2% |  |
| Eastern Michigan University, (BAM), 5.00%, 3/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;$731714 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$731714** |
| Insured - Electric Utilities — 0.8% | Insured - Electric Utilities — 0.8% |  |
| Muscatine Power and Water, IA, Electric Revenue, (AG), 5.00%, 12/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;$471804 |
| New York Power Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), Green Bonds, 5.25%, 11/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;1679443 |
| &nbsp;&nbsp;&nbsp;(AG), Green Bonds, 5.25%, 11/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1114055 |
|  |  | &nbsp;&nbsp;&nbsp;**$3265302** |
| Insured - General Obligations — 2.0% | Insured - General Obligations — 2.0% |  |
| Carbondale and Rural Fire Protection District, CO, (BAM), 5.50%, 12/1/48 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp;$416289 |
| Knox County Community Unit School District No. 202 Knoxville, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322371 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379362 |
| Maricopa County Elementary School District No. 8, AZ: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929848 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;1402860 |
| Mount Vernon, IL, (BAM), 5.00%, 12/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840986 |
| Pontiac, MI, (BAM), 5.00%, 4/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226109 |
| Sparta Area School District, WI, (AG), 3.00%, 3/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;1110165 |
| Sterling, IL, (BAM), 5.00%, 11/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1160 | &nbsp;&nbsp;&nbsp;&nbsp;1260491 |
| Whatcom County Public Utility District No. 1, WA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), (BAM), 5.25%, 12/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81526 |
| &nbsp;&nbsp;&nbsp;(AMT), (BAM), 5.25%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69800 |
| &nbsp;&nbsp;&nbsp;(AMT), (BAM), 5.25%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407932 |
| &nbsp;&nbsp;&nbsp;(AMT), (BAM), 5.50%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1077628 |
|  |  | &nbsp;&nbsp;&nbsp;**$8525367** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Insured - Housing — 0.4% | Insured - Housing — 0.4% |  |
| Rhode Island Health and Educational Building Corp., RI, (PRG-RI Properties LLC), (AG), 5.00%, 7/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | $1512509 |
|  |  | **$1512509** |
| Insured - Solid Waste — 0.0%<sup>†</sup> | Insured - Solid Waste — 0.0%<sup>†</sup> |  |
| South Bayside Waste Management Authority, CA, (Shoreway Environmental Center): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), (AMT), Escrowed to Maturity, 5.00%, 9/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | $15695 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AG), (AMT), Escrowed to Maturity, 5.00%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp; 15924 |
|  |  | **$31619** |
| Insured - Special Tax Revenue — 0.3% | Insured - Special Tax Revenue — 0.3% |  |
| Big Sky Resort Area District, MT, (1% Resort Tax - Cold Smoke Project): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;$483693 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494405 |
| Gilbert Community School District, IA, Infrastructure Sales Services and Use Tax Revenue, (AG), 4.375%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420196 |
|  |  | &nbsp;&nbsp;&nbsp;**$1398294** |
| Insured - Transportation — 0.1% | Insured - Transportation — 0.1% |  |
| Ohio, (Portsmouth Gateway Group, LLC), (AG), (AMT), 5.00%, 12/31/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp;$215313 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$215313** |
| Insured - Water and Sewer — 3.6% | Insured - Water and Sewer — 3.6% |  |
| Atlanta, GA, Water and Wastewater Revenue, (BAM), Green Bonds, 4.00%, 11/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;$1319660 |
| Berkeley County Public Service District, WV, Water Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 4.25%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;1191466 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535541 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325342 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233882 |
| Chicago, IL, Wastewater Transmission Revenue, (AG), 5.00%, 1/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1064468 |
| Chicago, IL, Water Revenue, (AG), 5.00%, 11/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1067047 |
| Eagle River Water and Sanitation District, CO: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 12/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1670 | &nbsp;&nbsp;&nbsp;&nbsp;1458311 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544093 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433404 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376083 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746609 |
| Erie Sewer Authority, PA, (BAM), 5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867105 |
| Grand Prairie Water Commission, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 1/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;1040192 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 1/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766359 |
| Montrose, CO, Sewer Utility Revenue, (BAM), 5.00%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753098 |
| Stockton-East Water District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 3/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340042 |

---

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Insured - Water and Sewer (continued) | Insured - Water and Sewer (continued) |  |
| Stockton-East Water District, CA: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 3/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | $374395 |
| &nbsp;&nbsp;&nbsp;(BAM), Green Bonds, 5.00%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp; 228390 |
| Wellborn Special Utility District, TX, (AG), 4.00%, 7/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1660 | &nbsp;&nbsp; 1508273 |
|  |  | **$15173760** |
| Lease Revenue/Certificates of Participation — 4.9% | Lease Revenue/Certificates of Participation — 4.9% |  |
| Avon Community School Building Corp., IN, 5.50%, 7/15/41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $1101106 |
| Battery Park City Authority, NY: |  |  |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, 5.00%, 11/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788469 |
| &nbsp;&nbsp;&nbsp;Sustainability Bonds, 5.00%, 11/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990 | &nbsp;&nbsp;&nbsp;&nbsp;4095999 |
| College of Western Idaho: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350129 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322066 |
| Columbus Multi School Building Corp., IN, 5.00%, 7/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538616 |
| Connecticut Health and Educational Facilities Authority, (State Supported Child Care), 4.00%, 7/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;1133973 |
| Duneland School Building Corp., IN, 3.00%, 1/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1615909 |
| IPS Multi-School Building Corp., IN, Social Bonds, 5.00%, 7/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp;1221380 |
| Kansas City, MO, Special Obligation Bonds, 4.00%, 10/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400112 |
| New Jersey Economic Development Authority, (Portal North Bridge), 5.00%, 11/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;1319004 |
| University of North Dakota, Certificates of Participation, Green Certificates, 5.00%, 4/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465 | &nbsp;&nbsp;&nbsp;&nbsp;1481651 |
| Vail, CO, Certificates of Participation, 5.25%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;1299961 |
| Wasatch County School District Local Building Authority, UT, 5.50%, 6/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3330 | &nbsp;&nbsp;&nbsp;&nbsp;3536872 |
| Westfield High School Building Corp., IN, 5.00%, 7/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp;1624329 |
|  |  | **$20829576** |
| Other Revenue — 5.9% | Other Revenue — 5.9% |  |
| California Community Choice Financing Authority: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 10/1/32 (Put Date), 8/1/55 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;$4464508 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 12/1/32 (Put Date), 1/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5070 | &nbsp;&nbsp;&nbsp;&nbsp;5179537 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 8/1/29 (Put Date), 12/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;1570299 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25% to 4/1/30 (Put Date), 11/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1660 | &nbsp;&nbsp;&nbsp;&nbsp;1752108 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.50% to 11/1/30 (Put Date), 10/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4905 | &nbsp;&nbsp;&nbsp;&nbsp;5336604 |
| Center City, MN, (Hazelden Betty Ford Foundation), 5.00%, 11/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1160 | &nbsp;&nbsp;&nbsp;&nbsp;1201903 |
| Fairfax County Economic Development Authority, VA, (National Wildlife Federation): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1310 | &nbsp;&nbsp;&nbsp;&nbsp;1370912 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 9/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1445 | &nbsp;&nbsp;&nbsp;&nbsp;1505475 |
| Illinois Educational Facilities Authority, (Field Museum of Natural History): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1005503 |
| &nbsp;&nbsp;&nbsp;4.45%, 11/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1010277 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Other Revenue (continued) | Other Revenue (continued) |  |
| Massachusetts Development Finance Agency, (Seven Hills Foundation and Affiliates Issue), 6.00%, 9/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | $540236 |
|  |  | **$24937362** |
| Senior Living/Life Care — 0.9% | Senior Living/Life Care — 0.9% |  |
| California Municipal Finance Authority, (HumanGood - California Obligated Group), 5.25%, 10/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2240 | $2317720 |
| Franklin County, OH, (Ohio Living), 4.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp; 1490822 |
|  |  | **$3808542** |
| Solid Waste — 0.3% | Solid Waste — 0.3% |  |
| Ecomaine, ME, Green Bonds, (AMT), 5.25%, 10/15/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375 | $1427264 |
|  |  | &nbsp;&nbsp;&nbsp;**$1427264** |
| Special Tax Revenue — 3.8% | Special Tax Revenue — 3.8% |  |
| Lawton Industrial Development Authority, OK, 5.00%, 7/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;$313598 |
| Massachusetts, (Rail Enhancement Program), Sustainability Bonds, 5.00%, 6/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1026600 |
| Metropolitan Transportation Authority, NY, Green Bonds, 5.00%, 11/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;2669495 |
| Regional Transportation District, CO, Sales Tax Revenue, Green Bonds, 4.00%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1011210 |
| Sales Tax Securitization Corp., IL, Social Bonds, 4.00%, 1/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;2817899 |
| Southeastern Pennsylvania Transportation Authority, 5.25%, 6/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3260976 |
| Triborough Bridge and Tunnel Authority, NY, Green Bonds, 5.25%, 11/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3327067 |
| Village of Bellwood, IL, (Bellwood Workforce Housing), 5.00%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994378 |
| Washington Metropolitan Area Transit Authority, D.C., Green Bonds, 4.125%, 7/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576474 |
|  |  | **$15997697** |
| Transportation — 4.8% | Transportation — 4.8% |  |
| Atlanta, GA, Airport Passenger Facility Charge Revenue, Green Bonds, (AMT), 5.25%, 7/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;$1620582 |
| Atlanta, GA, Department of Aviation: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.25%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1089796 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.25%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;1625538 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.00%, 5/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1760 | &nbsp;&nbsp;&nbsp;&nbsp;1893042 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.50%, 5/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp;3476519 |
| Massachusetts, (Rail Enhancement Program), Sustainability Bonds, 5.00%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1029527 |
| Metropolitan Transportation Authority, NY, Green Bonds, 4.00%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1822191 |

---

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Transportation (continued) | Transportation (continued) |  |
| Port of Portland, OR, (Portland International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.25%, 7/1/39 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | $1354069 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.25%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5860 | &nbsp;&nbsp; 6177927 |
|  |  | **$20089191** |
| Water and Sewer — 4.3% | Water and Sewer — 4.3% |  |
| Allegheny County Sanitary Authority, PA, 4.125%, 12/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555 | $556790 |
| Clairton Municipal Authority, PA, Sewer Revenue, 4.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp; 1696362 |
| District of Columbia Water and Sewer Authority: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 10/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1100607 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290 | &nbsp;&nbsp;&nbsp;&nbsp;1409705 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 10/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;2714188 |
| Florence, SC, Combined Waterworks and Sewerage System Revenue, 4.00%, 9/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp;1531360 |
| Great Lakes Water Authority, MI, Water Supply System Revenue, 5.25%, 7/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1047165 |
| Honolulu City and County, HI, Wastewater System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500132 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 7/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436729 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532476 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.25%, 7/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500625 |
| Jefferson County, AL, Sewer Revenue, 5.25%, 10/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp;1535424 |
| Massachusetts Clean Water Trust, Sustainability Bonds, 5.00%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759052 |
| New York City Municipal Water Finance Authority, NY, (Water and Sewer System), 5.00%, 6/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990 | &nbsp;&nbsp;&nbsp;&nbsp;1031532 |
| Oklahoma Water Resources Board, (Clean Water Program), 5.00%, 4/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679114 |
| Tacoma, WA, Sewer Revenue, 4.00%, 12/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2325 | &nbsp;&nbsp;&nbsp;&nbsp;2124887 |
|  |  | **$18156148** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $361,380,981) |  | **$361061153** |

---

Taxable Municipal Obligations — 4.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Education — 0.7% | Education — 0.7% |  |
| San Antonio Education Facilities Corp., TX, (University of the Incarnate Word): |  |  |
| &nbsp;&nbsp;&nbsp;1.99%, 4/1/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | $550000 |
| &nbsp;&nbsp;&nbsp;2.19%, 4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp; 578381 |
| &nbsp;&nbsp;&nbsp;2.38%, 4/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1190 | &nbsp;&nbsp; 1105696 |
| &nbsp;&nbsp;&nbsp;2.50%, 4/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp; 735638 |
|  |  | **$2969715** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Electric Utilities — 1.1% | Electric Utilities — 1.1% |  |
| Confederated Tribes of Warm Springs Reservation, OR, (Pelton-Round Butte Hydroelectric Project), Green Bonds, 2.52%, 11/1/28<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205 | $1143620 |
| Connecticut Green Bank: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.375%, 11/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1536 | &nbsp;&nbsp; 1534209 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.60%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp; 564166 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.65%, 11/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745 | &nbsp;&nbsp; 737492 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.70%, 11/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | &nbsp;&nbsp; 634016 |
|  |  | **$4613503** |
| General Obligations — 1.2% | General Obligations — 1.2% |  |
| Detroit, MI, Social Bonds, 2.96%, 4/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;$740230 |
| Larkspur-Corte Madera School District, CA, (Election of 2011 and 2014): |  |  |
| &nbsp;&nbsp;&nbsp;1.702%, 8/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376041 |
| &nbsp;&nbsp;&nbsp;1.802%, 8/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354376 |
| Los Angeles, CA, Social Bonds, 5.00%, 9/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;3011364 |
| Tustin Unified School District, CA, 1.554%, 8/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494419 |
|  |  | &nbsp;&nbsp;&nbsp;**$4976430** |
| Hospital — 0.1% | Hospital — 0.1% |  |
| University of Wisconsin Hospitals and Clinics Authority, 2.09%, 4/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp;$566692 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$566692** |
| Housing — 0.1% | Housing — 0.1% |  |
| Independent Cities Finance Authority, CA, (Sahara Mobile Home Park), 2.51%, 6/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;$460584 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$460584** |
| Insured - Housing — 0.1% | Insured - Housing — 0.1% |  |
| Oregon Facilities Authority, (CHF-Ashland, LLC - Southern Oregon University): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 2.005%, 7/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;$178855 |
| &nbsp;&nbsp;&nbsp;(AG), 2.429%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254550 |
| &nbsp;&nbsp;&nbsp;(AG), 2.679%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35534 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$468939** |
| Lease Revenue/Certificates of Participation — 0.4% | Lease Revenue/Certificates of Participation — 0.4% |  |
| New Jersey Economic Development Authority, (Offshore Wind Port): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.198%, 3/1/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;$513273 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.298%, 3/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515091 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.398%, 3/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517515 |
|  |  | &nbsp;&nbsp;&nbsp;**$1545879** |
| Other Revenue — 0.3% | Other Revenue — 0.3% |  |
| Arizona Industrial Development Authority, (Reinvestment Fund, Inc.), 5.259%, 10/1/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;$1444209 |
|  |  | &nbsp;&nbsp;&nbsp;**$1444209** |

---

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | **Value** |
| Special Tax Revenue — 0.5% | Special Tax Revenue — 0.5% |  |
| California Health Facilities Financing Authority, (No Place Like Home Program), Social Bonds, 2.361%, 6/1/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $1994606 |
|  |  | **$1994606** |
| Total Taxable Municipal Obligations<br> (identified cost $19,449,700) |  | **$19040557** |

---

---

| | | |
|:---|:---|:---|
| Short-Term Investments — 3.5% |  |  |
| **Security** | **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| BlackRock Liquidity Funds - MuniCash, Institutional Shares, 2.23%<sup>(4)</sup> | 14868044 | $14869531 |
| Total Short-Term Investments<br> (identified cost $14,869,521) |  | **$14869531** |
| Total Investments — 98.9%<br> (identified cost $418,346,918) |  | **$417419380** |
| Other Assets, Less Liabilities — 1.1% |  | **$4812126** |
| Net Assets — 100.0% |  | **$422231506** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Schedule of Investments is based on net assets. | The percentage shown for each investment category in the Schedule of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at March 31, 2026. |
| <sup>(2)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At March 31, 2026, the aggregate value of these securities is $10,401,069 or 2.5% of the Fund's net assets. |

---

<sup>(3)</sup> When-issued security. <br> <sup>(4)</sup> The rate shown is the annualized seven-day yield as of March 31, 2026.

---

| |
|:---|
| At March 31, 2026, the concentration of the Fund's investments in the various states, determined as a percentage of net assets, is as follows: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California16.1% |
| &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;Others, representing less than 10% individually77.1% |
| The Fund invests primarily in debt securities issued by municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At March 31, 2026, 7.5% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 3.3% to 4.2% of total investments. |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AG | – Assured Guaranty Inc. |
| AMT | – Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
| BAM | – Build America Mutual Assurance Co. |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| FNMA | – Federal National Mortgage Association |
| GNMA | – Government National Mortgage Association |
| PSF | – Permanent School Fund |
| SFMR | – Single Family Mortgage Revenue |
| SONYMA | – State of New York Mortgage Agency |

---

The Fund did not have any open derivative instruments at March 31, 2026.

Fair Value Measurements

U.S. generally accepted accounting principles (U.S. GAAP) establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

Level 1 - quoted prices in active markets for identical securities

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

Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

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

------

Calvert

Responsible Municipal Income Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

The following table summarizes the market value of the Fund's holdings as of March 31, 2026, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| Corporate Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$9190261 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$9190261 |
| Tax-Exempt Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13257878 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13257878 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;361061153 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;361061153 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19040557 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19040557 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14869531 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14869531 |
| **Total Investments** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$417419380** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$417419380** |

---

**Investment Valuation — Other. Investments in management investment companies (including money market funds) that do not trade on an exchange are valued at the net asset value as of the close of each business day.**

For additional information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Calvert Management Series

- **b. Investment Company Act file number:** 811-03101

- **c. CIK number of Registrant:** 0000319676

- **d. LEI of Registrant:** 549300JLDDCMBLNYVQ38

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

  - **Street Address 1:** 2050 M Street NW

  - **City:** Washington

  - **State:** DC

  - **Foreign country:** US

  - **Zip / Postal Code:** 20036

  - **Telephone number:** 202-238-2200

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

- **a. Name of Series:** Calvert Responsible Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000005140

- **c. LEI of Series:** 549300ZG1E6BAXLWCV59

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

- **a. Date of fiscal year-end:** 2026-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $423161210.54

**Total Liabilities:** $3527944.80

**Net Assets:** $419633265.74

**Delayed Delivery Securities:** $1915428.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -872.25000000 | **1-Year:** -12577.95000000 | **5-Year:** -67526.09000000 | **10-Year:** -153606.75000000 | **30-Year:** -37567.74000000

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

- **3-Month:** -30.49000000 | **1-Year:** -919.33000000 | **5-Year:** -3543.95000000 | **10-Year:** -5293.14000000 | **30-Year:** -458.62000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000014074 | 0.72%                | 1.44%                | -2.29%               |
| Class ID C000160651 | 0.65%                | 1.38%                | -2.35%               |
| Class ID C000160653 | 0.74%                | 1.45%                | -2.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $237823.76               | $1728616.10                                |
| Month 2  | $216230.27               | $4780613.48                                |
| Month 3  | $80963.88                | $-11105742.70                              |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allegheny County Sanitary Authority                                              | ALLEGHENY CNTY PA SAN AUTH                                   | CUSIP: 017357U44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $556789.99    | 0.13%             | 2042-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UVH4<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590141.30   | 0.38%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UVX9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    500000 | PA      | $535176.10    | 0.13%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UVY7<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069792.40   | 0.25%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antelope Valley Community College District                                       | ANTELOPE VLY CA CMNTY CLG DIST                               | CUSIP: 03667PHZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3273378.30   | 0.78%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | ARIZONA BRD OF RGTS ST UNIV SYS REVENUE                      | CUSIP: 04048RQN9<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012035.20   | 0.48%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                             | CUSIP: 04052AEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1444209.15   | 0.34%             | 2033-10-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD | CUSIP: 04052FFT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $919547.98    | 0.22%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD | CUSIP: 04052FFU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $789939.60    | 0.19%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona State University                                                         | ARIZONA ST UNIV                                              | CUSIP: 0406636P6<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1656039.68   | 0.39%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Athens Independent School District                                               | ATHENS TX INDEP SCH DIST                                     | CUSIP: 047375SX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3726698.98   | 0.89%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA                                                               | ATLANTA GA                                                   | CUSIP: 047772J82<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3831464.70   | 0.91%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M2X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089795.60   | 0.26%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M2Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1625538.60   | 0.39%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                             | ATLANTA GA ARPT PASSENGER FAC CHARGE REVENUE                 | CUSIP: 04780TEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1620582.00   | 0.39%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | ATLANTA GA WTR & WSTWTR REVENUE                              | CUSIP: 047870TF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1319659.97   | 0.31%             | 2043-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Avon Community School Building Corp                                              | AVON IN CMNTY SCH BLDG CORP                                  | CUSIP: 054071PE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101106.10   | 0.26%             | 2041-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2910772.20   | 0.69%             | 2056-03-01      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                                      | BATTERY PARK CITY NY AUTH                                    | CUSIP: 07133AJM5<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4095998.74   | 0.98%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                                      | BATTERY PARK CITY NY AUTH                                    | CUSIP: 07133AKM3<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |    730000 | PA      | $788468.62    | 0.19%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bellwood IL                                                           | BELLWOOD IL TAX INCREMENT REVENUE                            | CUSIP: 080031AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994377.60    | 0.24%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535541.35    | 0.13%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $325341.61    | 0.08%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $233882.04    | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1191466.38   | 0.28%             | 2049-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $483692.94    | 0.12%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $494404.65    | 0.12%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds - MuniCash                                             | BlackRock Liquidity Funds - MuniCash                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  14868044 | NS      | $14869530.47  | 3.54%             |  |  |  | No            |                  2 | On Loan: No      |
| BLUEHUB LOAN FUND                                                                | BlueHub Loan Fund Inc                                        | CUSIP: 095623AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4619927.50   | 1.10%             | 2030-01-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Village of Boys Town NE                                                          | BOYS TOWN VLG NE REVENUE                                     | CUSIP: 103627AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5150468.00   | 1.23%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brookhaven Development Authority                                                 | BROOKHAVEN DEV AUTH GA                                       | CUSIP: 113073AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1763626.60   | 0.42%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERH1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    120000 | PA      | $119878.39    | 0.03%             | 2026-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERJ7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80410.61     | 0.02%             | 2027-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERM0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98756.46     | 0.02%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERN8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97991.79     | 0.02%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EWN2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $534741.35    | 0.13%             | 2046-12-01      | Fixed         | 5.38%                 | 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        |   1500000 | PA      | $1570299.45   | 0.37%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4905000 | PA      | $5336603.70   | 1.27%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1752108.25   | 0.42%             | 2054-11-01      | Floating      | 5.25%                 | 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        |   5070000 | PA      | $5179537.35   | 1.23%             | 2055-01-01      | Floating      | 5.00%                 | 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        |   4300000 | PA      | $4464507.68   | 1.06%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UVD7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994606.40   | 0.48%             | 2026-06-01      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA MUNI FIN AUTH MF                                  | CUSIP: 130489AB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3940000 | PA      | $3916150.00   | 0.93%             | 2040-08-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032036.60   | 0.25%             | 2053-09-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V3Y2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2317719.94   | 0.55%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V5L8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    675000 | PA      | $674456.63    | 0.16%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MOBILE HOME PARK REVENUE         | CUSIP: 13049SGA6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $913355.30    | 0.22%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063CA34<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003301.70   | 0.24%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE           | CUSIP: 13069AAX6<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519304.65    | 0.12%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canton Independent School District/TX                                            | CANTON TX INDEP SCH DIST                                     | CUSIP: 138555RD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2263851.77   | 0.54%             | 2042-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Carbondale & Rural Fire Protection District                                      | CARBONDALE & RURAL FIRE PROT DIST CO                         | CUSIP: 141173DX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $416288.53    | 0.10%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cass County Joint Water Resource District                                        | CASS CNTY ND JT WTR RESOURCE DIST                            | CUSIP: 14805PBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250264.25   | 0.30%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1201902.68   | 0.29%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arapahoe County School District No 5 Cherry Creek                                | CHERRY CREEK CO SCH DIST #5                                  | CUSIP: 164555ET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2196469.00   | 0.52%             | 2046-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QR0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1924650.00   | 0.46%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505SM9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2160904.39   | 0.51%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZC3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4119526.80   | 0.98%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560TL5<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3012648.30   | 0.72%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727D94<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064468.40   | 0.25%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736W94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067046.70   | 0.25%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No 62                                                | CLACKAMAS CNTY OR SCH DIST #62C OREGON CITY                  | CUSIP: 179162LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1915194.05   | 0.46%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No 62                                                | CLACKAMAS CNTY OR SCH DIST #62C OREGON CITY                  | CUSIP: 179162LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $753992.92    | 0.18%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clairton Municipal Authority                                                     | CLAIRTON PA MUNI AUTH SWR REVENUE                            | CUSIP: 179630DM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1696361.98   | 0.40%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $350128.66    | 0.08%             | 2045-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $405180.44    | 0.10%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | COLLIER CNTY FL INDL DEV AUTH                                | CUSIP: 194641BE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3202637.70   | 0.76%             | 2054-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Multi School Building Corp                                              | COLUMBUS IN MULTI-SCH BLDG CORP                              | CUSIP: 199240JH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538615.75    | 0.13%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | CMNTY DEV ADMIN MD MF DEV REVENUE                            | CUSIP: 20364NCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3970000 | PA      | $3786680.09   | 0.90%             | 2044-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1536000 | PA      | $1534209.18   | 0.37%             | 2032-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    568000 | PA      | $564165.94    | 0.13%             | 2035-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $737491.59    | 0.18%             | 2036-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $634016.13    | 0.15%             | 2037-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YUS4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1133973.08   | 0.27%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DF64<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    120000 | PA      | $129171.52    | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DF72<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     60000 | PA      | $64138.75     | 0.02%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DST0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $891679.30    | 0.21%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSERVATION FUND                                                                | Conservation Fund A Nonprofit Corp/The                       | CUSIP: 20848FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3453000 | PA      | $3296524.61   | 0.79%             | 2029-12-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                          | CUYAHOGA OH MET HSG AUTH REVENUE                             | CUSIP: 232394BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $957024.58    | 0.23%             | 2031-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308W90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2280783.00   | 0.54%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | DENVER CO CITY & CNTY MF HSG REVENUE                         | CUSIP: 24917QBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003438.80   | 0.48%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | DENVER CO CITY & CNTY MF HSG REVENUE                         | CUSIP: 24917QBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1265613.50   | 0.30%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935M8<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    750000 | PA      | $740229.75    | 0.18%             | 2027-04-01      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935Z9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    600000 | PA      | $653190.18    | 0.16%             | 2031-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510936A3<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    600000 | PA      | $659298.12    | 0.16%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VN7<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100606.50   | 0.26%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VP2<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1409705.03   | 0.34%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VQ0<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2714187.75   | 0.65%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue  | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC       | CUSIP: 259561TQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020320.80   | 0.48%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue  | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC       | CUSIP: 259561TR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011555.80   | 0.48%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duneland School Building Corp                                                    | DUNELAND IN SCH BLDG CORP                                    | CUSIP: 265404FK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1615908.80   | 0.39%             | 2042-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EP Cimarron Ventanas PFC                                                         | EP CIMARRON VENTANAS PFC TX RSDL DEV REVENUE                 | CUSIP: 26879QAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1947515.40   | 0.46%             | 2039-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Eagle River Water & Sanitation District Wastewater Revenue                       | EAGLE RIVER CO WTR & SANTN DIST ENTERPRISE WSTWTR REVENUE    | CUSIP: 26982VFD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1458310.47   | 0.35%             | 2052-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eagle River Water & Sanitation District                                          | EAGLE RIVER CO WTR & SANTN DIST                              | CUSIP: 26983ABY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544093.20    | 0.13%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eagle River Water & Sanitation District                                          | EAGLE RIVER CO WTR & SANTN DIST                              | CUSIP: 26983ABZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $433403.64    | 0.10%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eagle River Water & Sanitation District                                          | EAGLE RIVER CO WTR & SANTN DIST                              | CUSIP: 26983ACA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $376083.02    | 0.09%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eagle River Water & Sanitation District                                          | EAGLE RIVER CO WTR & SANTN DIST                              | CUSIP: 26983ACB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $746608.87    | 0.18%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731F35<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    700000 | PA      | $731714.06    | 0.17%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eco Maine                                                                        | ECO MAINE SOL WST RESOURCE RECOVERY SYS REVENUE              | CUSIP: 27888WAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1427264.30   | 0.34%             | 2044-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EP Tuscany Zaragosa PFC                                                          | EP TUSCANY ZARAGOSA PFC TX                                   | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4980000 | PA      | $4975602.66   | 1.19%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Erie Sewer Authority                                                             | ERIE PA SWR AUTH                                             | CUSIP: 295533RW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $867105.11    | 0.21%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FW Texas Street Public Facility Corp                                             | FW TEXAS STREET PUBLIC FAC CORP RSDL DEV REVENUE             | CUSIP: 30322SAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2630552.50   | 0.63%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Economic Development Authority                                    | FAIRFAX CNTY VA ECON DEV AUTH REVENUE                        | CUSIP: 30382EHE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1370912.38   | 0.33%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Economic Development Authority                                    | FAIRFAX CNTY VA ECON DEV AUTH REVENUE                        | CUSIP: 30382EHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1505474.70   | 0.36%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Florence SC Combined Waterworks & Sewerage System Revenue                | FLORENCE SC WTR & SWR REVENUE                                | CUSIP: 340333PR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1531360.30   | 0.36%             | 2055-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HLTH CARE FACS REVENUE                      | CUSIP: 353180MF6<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1490822.10   | 0.36%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Community School District School Infrastructure Sales Services & Use Tax | GILBERT IA CMNTY SCH DIST SCHINFRASTRUCTURE SALES SVCS USE   | CUSIP: 375338CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $420196.60    | 0.10%             | 2043-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1040191.72   | 0.25%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $766359.00    | 0.18%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Valley State University                                                    | GRAND VLY MI ST UNIV REVENUE                                 | CUSIP: 386545LB1<br>LEI: 5493004492FRREYG5M95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002773.40   | 0.24%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grant County Public Utility District No 2 Priest Rapids Hydroelectric Project    | GRANT CNTY WA PUBLIC UTIL DIST #2 PRIEST RAPIDS HYDRO ELEC R | CUSIP: 387883A76<br>LEI: 549300XJXH7RNXS8PA58 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1631949.93   | 0.39%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JGP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047165.20   | 0.25%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Groton CT                                                                | GROTON CITY CT                                               | CUSIP: 399280E93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004727.10   | 0.24%             | 2042-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | HAWAII ST                                                    | CUSIP: 419792LR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004936.60   | 0.48%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1408036.64   | 0.34%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $500131.78    | 0.12%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015D2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $436729.20    | 0.10%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532476.25    | 0.13%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $500625.06    | 0.12%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Howell Public Schools                                                            | HOWELL MI PUBLIC SCHS                                        | CUSIP: 443114WQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $271605.68    | 0.06%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health Care Authority of the City of Huntsville/The                              | HUNTSVILLE AL HLTH CARE AUTH REVENUE                         | CUSIP: 44706HDX2<br>LEI: 254900QP8DQFH746YJ31 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5335974.00   | 1.27%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Educational Facilities Authority                                        | ILLINOIS ST EDUCTNL FACS AUTH                                | CUSIP: 45201QCY8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010277.00   | 0.24%             | 2036-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Illinois Educational Facilities Authority                                        | ILLINOIS ST EDUCTNL FACS AUTH                                | CUSIP: 45201QCZ5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005503.50   | 0.24%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                             | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LMH3<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1152853.10   | 0.27%             | 2034-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                             | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LMN0<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1037357.65   | 0.25%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                             | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LNC3<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    500000 | PA      | $460583.80    | 0.11%             | 2031-06-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YFF3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1334540.13   | 0.32%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                         | CUSIP: 45471CBQ0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1166677.87   | 0.28%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                         | CUSIP: 45471CBR8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2422991.09   | 0.58%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                      | CUSIP: 45471FAD3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    800000 | PA      | $826924.40    | 0.20%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TYA3<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252480.53    | 0.06%             | 2037-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TYB1<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004705.20   | 0.24%             | 2042-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U3C3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1919079.94   | 0.46%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528VCZ0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2973678.86   | 0.71%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RVX0<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1221380.62   | 0.29%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County Consolidated School District No 4                                 | JACKSON CNTY MO CONSOL SCH DIST #4                           | CUSIP: 467484RX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3446094.14   | 0.82%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1535424.27   | 0.37%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | KANSAS CITY MO SPL OBLG                                      | CUSIP: 485106MK1<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400112.24    | 0.10%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                  | KERN CA CMNTY CLG DIST                                       | CUSIP: 492244GQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2258938.40   | 0.54%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                  | KERN CA CMNTY CLG DIST                                       | CUSIP: 492244GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1338041.76   | 0.32%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| King County School District No 403 Renton                                        | KING CNTY WA SCH DIST #403 RENTON                            | CUSIP: 495080WM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1230757.99   | 0.29%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Knox County Community Unit School District No 202 Knoxville                      | KNOX CNTY IL CMNTY UNIT SCH DIST #202 KNOXVILLE              | CUSIP: 499350FG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $322370.54    | 0.08%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Community Unit School District No 202 Knoxville                      | KNOX CNTY IL CMNTY UNIT SCH DIST #202 KNOXVILLE              | CUSIP: 499350FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $379362.20    | 0.09%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                            | LARKSPUR-CORTE MADERA CA SCH DIST                            | CUSIP: 51724TCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $376041.13    | 0.09%             | 2030-08-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                            | LARKSPUR-CORTE MADERA CA SCH DIST                            | CUSIP: 51724TCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $354376.68    | 0.08%             | 2031-08-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $313597.83    | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                           | LOS ANGELES CA                                               | CUSIP: 544351QR3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011363.70   | 0.72%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C23<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3476519.36   | 0.83%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445X87<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1893042.10   | 0.45%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                    | LOS ANGELES CA HSG AUTH MF HSG REVENUE                       | CUSIP: 544562CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1911520.77   | 0.46%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2337507.43   | 0.56%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FYS8<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1543951.06   | 0.37%             | 2042-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Manteca Unified School District                                                  | MANTECA CA UNIF SCH DIST                                     | CUSIP: 564538JL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2554941.66   | 0.61%             | 2045-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No 8 Osborn                           | MARICOPA CNTY AZ ELEM SCH DIST #8 OSBORN                     | CUSIP: 56674MEN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $929848.32    | 0.22%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No 8 Osborn                           | MARICOPA CNTY AZ ELEM SCH DIST #8 OSBORN                     | CUSIP: 56674MEQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1402860.29   | 0.33%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NGJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248900.43    | 0.06%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NGR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $472474.85    | 0.11%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419RWS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1562403.31   | 0.37%             | 2040-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419RWU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $519763.09    | 0.12%             | 2050-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                | CUSIP: 57420VSM6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058303.30   | 0.25%             | 2043-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                              | MASSACHUSETTS ST CLEAN WTR TRUST                             | CUSIP: 575829MQ6<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |    700000 | PA      | $759051.51    | 0.18%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XNV9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505197.85    | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BMC9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $540235.85    | 0.13%             | 2050-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587ANE4<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    550000 | PA      | $545177.60    | 0.13%             | 2028-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587GXH3<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1495115.76   | 0.36%             | 2038-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587GXJ9<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029777.00   | 0.48%             | 2043-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026600.30   | 0.24%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029526.60   | 0.25%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 590545TZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1035079.80   | 0.25%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                     | CUSIP: 59260XCB2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2669495.50   | 0.64%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AJ99<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1822191.00   | 0.43%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NAX4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    570000 | PA      | $609437.96    | 0.15%             | 2040-02-29      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NAY2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1167446.28   | 0.28%             | 2041-02-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TD75<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1235347.13   | 0.29%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447THE6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1674501.64   | 0.40%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR SUPPLY SYS REV  | CUSIP: 606094DU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151722.40   | 0.51%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMG4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1607395.86   | 0.38%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMK5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $981530.55    | 0.23%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Montrose CO Sewer Utility Revenue                                        | MONTROSE CO SWR UTILITY REVENUE                              | CUSIP: 615088AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $753097.98    | 0.18%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mount Vernon IL                                                          | MOUNT VERNON IL                                              | CUSIP: 623385GC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $840985.92    | 0.20%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muscatine Power and Water Electric Revenue                                       | MUSCATINE IA ELEC REVENUE                                    | CUSIP: 627270HY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $471803.81    | 0.11%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2849471 | PA      | $2867486.91   | 0.68%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2856225 | PA      | $2815712.34   | 0.67%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1478688 | PA      | $1390785.27   | 0.33%             | 2039-08-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2473229 | PA      | $2371043.74   | 0.57%             | 2051-10-01      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| NATURE CONSERVANCY (THE)                                                         | Nature Conservancy/The                                       | CUSIP: 63902HAJ8<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1273808.68   | 0.30%             | 2026-07-01      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| Navajo County Unified School District No 27 Kayenta                              | NAVAJO CNTY AZ UNIF SCH DIST #27 KAYENTA IMPACT AID REV      | CUSIP: 639147AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1185726.39   | 0.28%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XDV5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1319004.24   | 0.31%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMQ7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513272.50    | 0.12%             | 2031-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMR5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515091.45    | 0.12%             | 2032-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMS3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517514.70    | 0.12%             | 2033-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613AFV9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3228161.65   | 0.77%             | 2032-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972CKE2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    965000 | PA      | $965452.01    | 0.23%             | 2030-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ERZ4<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1818454.47   | 0.43%             | 2032-05-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ESA8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    990000 | PA      | $849048.65    | 0.20%             | 2032-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1031532.08   | 0.25%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP REVENUE                      | CUSIP: 64985HR66<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1973250.44   | 0.47%             | 2052-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SJV6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    225000 | PA      | $244371.87    | 0.06%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SJW4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $270245.05    | 0.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SSH7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1010284.14   | 0.24%             | 2046-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY                                      | CUSIP: 64987DM27<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1665134.26   | 0.40%             | 2039-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE               | CUSIP: 64987JSG7<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    745000 | PA      | $739569.17    | 0.18%             | 2060-11-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBQ2<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1679442.75   | 0.40%             | 2041-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBR0<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114055.20   | 0.27%             | 2042-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Niagara Area Development Corp                                                    | NIAGARA NY AREA DEV CORP SOLID WASTE DISP FAC REVENUE        | CUSIP: 653542AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1762194.20   | 0.42%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DM52<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4110426.80   | 0.98%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAM9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215312.95    | 0.05%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RESOURCE BRD REVOLVING FUND REVENUE          | CUSIP: 67919PWS8<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |    620000 | PA      | $679113.90    | 0.16%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RES BRD ST LOAN PROGRAM REVENUE              | CUSIP: 67920Q5K0<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1187088.90   | 0.28%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS DEPT MF REVENUE                   | CUSIP: 68608ENJ7<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2074886.81   | 0.49%             | 2043-11-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JYR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $178854.61    | 0.04%             | 2027-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JYT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $254550.20    | 0.06%             | 2029-07-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JYV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $35533.77     | 0.01%             | 2031-07-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| City of Pasadena CA                                                              | PASADENA CA                                                  | CUSIP: 70218GBB0<br>LEI: 5493007ZF3ZMBUWLWB58 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3135160.55   | 0.75%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Passaic County Improvement Authority/The                                         | PASSAIC CNTY NJ IMPT AUTH CNTY GTD GOVTL LOAN REVENUE        | CUSIP: 702755DE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $923526.72    | 0.22%             | 2042-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 708796U47<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    925000 | PA      | $890654.84    | 0.21%             | 2035-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QKH5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    420000 | PA      | $390781.15    | 0.09%             | 2028-10-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSB0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2546868.74   | 0.61%             | 2042-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSV6<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1524182.70   | 0.36%             | 2038-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917THK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20045.86     | 0.00%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TNK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $244398.00    | 0.06%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peoria County Community Unit School District No 323                              | PEORIA CNTY IL CMNTY UNIT SCHDIST #323                       | CUSIP: 713163LD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5389.53      | 0.00%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pitkin County School District No 1 Aspen                                         | PITKIN CNTY CO SCH DIST #1 ASPEN                             | CUSIP: 724394MS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $499457.79    | 0.12%             | 2046-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pitkin County School District No 1 Aspen                                         | PITKIN CNTY CO SCH DIST #1 ASPEN                             | CUSIP: 724394MT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $604436.58    | 0.14%             | 2047-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pitkin County School District No 1 Aspen                                         | PITKIN CNTY CO SCH DIST #1 ASPEN                             | CUSIP: 724394MU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $820712.55    | 0.20%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Pontiac MI                                                               | PONTIAC MI                                                   | CUSIP: 732521LD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $226108.71    | 0.05%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1354069.13   | 0.32%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6177926.68   | 1.47%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YCR0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    665000 | PA      | $681892.73    | 0.16%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YEW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1159629.24   | 0.28%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YEX5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    960000 | PA      | $995629.92    | 0.24%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EGT1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $883109.00    | 0.21%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZW8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10244.27     | 0.00%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    680000 | PA      | $668026.29    | 0.16%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                               | REGL TRANSPRTN DIST CO SALES TAX REVENUE                     | CUSIP: 759136UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011209.80   | 0.24%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Infrastructure Bank State Revolving Fund                            | RHODE ISLAND INFRASTRUCTURE BANK ST REVOLVING FUND REVENUE   | CUSIP: 76223MDU3<br>LEI: 54930022Z6KOPRSQCG49 | Long             | DBT              | MUN               | US        |    315000 | PA      | $335187.34    | 0.08%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Infrastructure Bank State Revolving Fund                            | RHODE ISLAND INFRASTRUCTURE BANK ST REVOLVING FUND REVENUE   | CUSIP: 76223MDV1<br>LEI: 54930022Z6KOPRSQCG49 | Long             | DBT              | MUN               | US        |    475000 | PA      | $501999.05    | 0.12%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP REVENUE             | CUSIP: 762244NX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1512508.95   | 0.36%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BFA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2817899.10   | 0.67%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550000.00    | 0.13%             | 2026-04-01      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $578380.80    | 0.14%             | 2027-04-01      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1105696.35   | 0.26%             | 2028-04-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $825349.94    | 0.20%             | 2029-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                    | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661F34<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3364218.90   | 0.80%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Barbara Housing Authority/CA                                               | SANTA BARBARA CA HSG AUTH                                    | CUSIP: 80136RAB5<br>LEI: 549300H08071W16B9131 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1856906.37   | 0.44%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                        | SEATTLE WA HSG AUTH                                          | CUSIP: 812636PA0<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503968.10    | 0.12%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                        | SEATTLE WA HSG AUTH                                          | CUSIP: 812636PB8<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015111.70   | 0.24%             | 2030-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Snohomish County School District No 4 Lake Stevens                               | SNOHOMISH CNTY WA SCH DIST #4LAKE STEVENS                    | CUSIP: 833124QR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2181532.10   | 0.52%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Bayside Waste Management Authority                                         | S BAYSIDE CA WST MGMT AUTH SOL WST ENTERPRISE REVENUE        | CUSIP: 83646ACS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15694.76     | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Bayside Waste Management Authority                                         | S BAYSIDE CA WST MGMT AUTH SOL WST ENTERPRISE REVENUE        | CUSIP: 83646ACU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15923.88     | 0.00%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | S ESTRN PA TRANSPRTN AUTH                                    | CUSIP: 842039FK0<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3260976.00   | 0.78%             | 2039-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sparta Area School District                                                      | SPARTA WI AREA SCH DIST                                      | CUSIP: 846754KW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1110165.03   | 0.26%             | 2040-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Sterling IL                                                              | STERLING IL                                                  | CUSIP: 859332KT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1260491.26   | 0.30%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                     | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431DY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $340042.03    | 0.08%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                     | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431DZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $374394.55    | 0.09%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                     | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $228390.46    | 0.05%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Electric System Revenue                                        | TACOMA WA ELEC SYS REVENUE                                   | CUSIP: 873519QM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3100639.20   | 0.74%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Electric System Revenue                                        | TACOMA WA ELEC SYS REVENUE                                   | CUSIP: 873519QY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $889749.87    | 0.21%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Sewer Revenue                                                  | TACOMA WA SWR REVENUE                                        | CUSIP: 873545KW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2124886.79   | 0.51%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2152736.20   | 0.51%             | 2052-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HGG6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3327066.60   | 0.79%             | 2040-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trinity Public Utilities District                                                | TRINITY CA PUBLIC UTILITIES DIST FING AUTH ELEC REVENUE      | CUSIP: 89656BBK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1100561.06   | 0.26%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tustin Unified School District                                                   | TUSTIN CA UNIF SCH DIST SCH FACS IMPT DIST                   | CUSIP: 901072KU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $494419.07    | 0.12%             | 2029-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| University of South Carolina                                                     | UNIV OF SOUTH CAROLINA SC HGREDU REVENUE                     | CUSIP: 913367FN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1490092.46   | 0.36%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $449445.91    | 0.11%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University System of Maryland                                                    | UNIV SYS OF MD AUXILIARY FAC & TUITION REVENUE               | CUSIP: 91440AFF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2261396.64   | 0.54%             | 2051-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| University of North Dakota                                                       | UNIV OF NORTH DAKOTA COPS                                    | CUSIP: 914724BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1481651.19   | 0.35%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514APC3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    735000 | PA      | $843025.89    | 0.20%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260DS9<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |    590000 | PA      | $566692.35    | 0.14%             | 2028-04-01      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260FR9<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |    960000 | PA      | $916067.42    | 0.22%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                          | UTAH ST ASSOCIATED MUNI PWR SYS REVENUE                      | CUSIP: 917328RU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $680268.33    | 0.16%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP SF MTGE REVENUE                             | CUSIP: 9174366X0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    755000 | PA      | $754984.22    | 0.18%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Vail CO                                                                  | VAIL CO COPS                                                 | CUSIP: 91878DAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1299961.25   | 0.31%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257496.25   | 0.30%             | 2044-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH MF REVENUE                             | CUSIP: 92162PAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1175527.08   | 0.28%             | 2044-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WLB8<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2930000 | PA      | $2931922.37   | 0.70%             | 2027-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Warm Springs Reservation Confederated Tribe                                      | WARM SPRINGS OR RESERVATION CONFEDERATED TRIBES              | CUSIP: 934312AU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1143620.19   | 0.27%             | 2028-11-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Wasatch County School District Local Building Authority                          | WASATCH CNTY SCH DIST LOCAL BLDG AUTH LEASE REVENUE          | CUSIP: 936785AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3536871.92   | 0.84%             | 2047-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YCS6<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    615000 | PA      | $576474.19    | 0.14%             | 2047-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LHE9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020534.10   | 0.24%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3955768 | PA      | $3812850.00   | 0.91%             | 2050-03-01      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| Waterbury Housing Authority                                                      | WATERBURY CT HSG AUTH MF HSG REVENUE                         | CUSIP: 941260AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1475653.98   | 0.35%             | 2042-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wellborn Special Utility District                                                | WELLBORN TX SPL UTILITY DIST SYS REVENUE                     | CUSIP: 949469GE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1508273.34   | 0.36%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westfield High School Building Corp                                              | WESTFIELD IN HIGH SCH 1995 BLDG CORP                         | CUSIP: 96009AFH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1624328.72   | 0.39%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whatcom County Public Utility District No 1                                      | WHATCOM CNTY WA PUBLIC UTIL DIST #1                          | CUSIP: 962468FN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $81525.56     | 0.02%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Whatcom County Public Utility District No 1                                      | WHATCOM CNTY WA PUBLIC UTIL DIST #1                          | CUSIP: 962468FQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69800.14     | 0.02%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Whatcom County Public Utility District No 1                                      | WHATCOM CNTY WA PUBLIC UTIL DIST #1                          | CUSIP: 962468FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $407932.33    | 0.10%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Whatcom County Public Utility District No 1                                      | WHATCOM CNTY WA PUBLIC UTIL DIST #1                          | CUSIP: 962468FT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077627.80   | 0.26%             | 2041-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue               | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 9769044P4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    485000 | PA      | $485248.95    | 0.12%             | 2054-11-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DQR0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3855000 | PA      | $3704917.14   | 0.88%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** Calvert Management Series

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer