# EDGAR Filing Document

**Accession Number:** 0001034665
**File Stem:** 0001410368-26-066813
**Filing Date:** 2026-6
**Character Count:** 526264
**Document Hash:** 899825d70ed5beac4a6c9752d3093db3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-066813.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001410368-26-066813

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNIHOLDINGS FUND, INC.
- **CENTRAL INDEX KEY:** 0001034665

**ORGANIZATION NAME:**
- **EIN:** 223508039
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08081
- **FILM NUMBER:** 261121743

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK MUNIHOLDINGS FUND INC
- **DATE OF NAME CHANGE:** 20061026

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNIHOLDINGS FUND INC
- **DATE OF NAME CHANGE:** 19970226

## Nport-Ex

April 30, 2026

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

**BlackRock MuniHoldings Fund, Inc. (MHD)**<br>

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

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

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br>*(000)*<br>| *Value* |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 5.3%** | **Alabama — 5.3%** |  |
| Black Belt Energy Gas District, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54 | $8325 | &nbsp;&nbsp; $8849830 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/55 | 1385 | &nbsp;&nbsp; 1436898 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/56 | 10065 | &nbsp;&nbsp; 10228102 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 12/01/53 | 5455 | &nbsp;&nbsp; 5861074 |
| &nbsp;&nbsp;&nbsp; Series C, 5.50%, 10/01/54 | 10000 | &nbsp;&nbsp; 10777414 |
| &nbsp;&nbsp;&nbsp; Series F, 5.50%, 11/01/53 | 2750 | &nbsp;&nbsp; 2875308 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District, Refunding RB, 4.00%, <br> 06/01/51<sup>(a)</sup><br>| 5000 | &nbsp;&nbsp; 5066847 |
| &nbsp;&nbsp;&nbsp; County of Jefferson AL Sewer Revenue, Refunding RB, <br> 5.50%, 10/01/53<br>| 520 | &nbsp;&nbsp; 542807 |
| &nbsp;&nbsp;&nbsp; County of Jefferson Alabama Sewer Revenue, <br> Refunding RB, 5.25%, 10/01/49<br>| 10395 | &nbsp;&nbsp; 10748064 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, <br> Series B-1, 5.75%, 04/01/54<sup>(a)</sup><br>| 10480 | &nbsp;&nbsp; 11434983 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas District, RB, Series A, 5.00%, <br> 09/01/46<br>| 6500 | &nbsp;&nbsp; 6709975 |
| Mobile County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 06/01/54 | 4720 | &nbsp;&nbsp; 4574148 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.75%, 12/01/54 | 1100 | &nbsp;&nbsp; 1025756 |
| &nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District, Refunding RB, <br> Series B, 5.00%, 06/01/49<sup>(a)</sup><br>| 6435 | &nbsp;&nbsp; 6772585 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, <br> RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/56 | 7900 | &nbsp;&nbsp; 8088758 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.50%, 01/01/53 | 5195 | &nbsp;&nbsp; 5522902 |
| &nbsp;&nbsp;&nbsp; Series A-2, 4.85%, 01/01/53 | 5090 | &nbsp;&nbsp; 5296544 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/54 | 5350 | &nbsp;&nbsp; 5642063 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 03/01/55 | 2375 | &nbsp;&nbsp; 2456978 |
| &nbsp;&nbsp;&nbsp; Series B-1, 5.00%, 05/01/53 | 4510 | &nbsp;&nbsp; 4664112 |
|  |  | &nbsp;&nbsp; 118575148 |
| **Alaska — 0.3%** | **Alaska — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Municipality of Anchorage, RB, Series A, 4.50%, <br> 02/01/60<br>| 7020 | &nbsp;&nbsp; 6234544 |
| **Arizona — 3.9%** | **Arizona — 3.9%** |  |
| Arizona Industrial Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/01/39 | 2075 | &nbsp;&nbsp; 1918256 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/49 | 1975 | &nbsp;&nbsp; 1805251 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/54 | 1525 | &nbsp;&nbsp; 1358414 |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Refunding <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/52 | 130 | &nbsp;&nbsp; 122080 |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 07/01/50 | 1185 | &nbsp;&nbsp; 1153816 |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 07/01/47 | 435 | &nbsp;&nbsp; 409297 |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp., ARB, Junior <br> Lien, 5.00%, 07/01/49<br>| 5000 | &nbsp;&nbsp; 5105926 |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp., RB, Junior <br> Lien, 5.25%, 07/01/47<br>| 8335 | &nbsp;&nbsp; 8942839 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, RB, 5.00%, <br> 05/15/56<br>| 165 | &nbsp;&nbsp; 141700 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of Phoenix <br> Arizona, RB, Series A, 5.00%, 07/01/46<sup>(b)</sup><br>| 7345 | &nbsp;&nbsp; 6969727 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the County of <br> Pima, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/34 | 400 | &nbsp;&nbsp; 400269 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/49 | 350 | &nbsp;&nbsp; 323309 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Arizona (continued)** | **Arizona (continued)** |  |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the County of <br> Pima, Refunding RB, 5.00%, 06/15/49<sup>(b)</sup><br>| 985 | &nbsp;&nbsp; $876271 |
| &nbsp;&nbsp;&nbsp; Maricopa County & Phoenix Industrial Development <br> Authorities, RB, S/F Housing, Series A, (FHLMC, <br> FNMA, GNMA), 6.50%, 03/01/55<br>| 1440 | &nbsp;&nbsp; 1601245 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, RB, <br> 6.38%, 07/01/58<sup>(b)</sup><br>| 620 | &nbsp;&nbsp; 605268 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, <br> Refunding RB, 5.00%, 07/01/54<sup>(b)</sup><br>| 640 | &nbsp;&nbsp; 586828 |
| Salt Verde Financial Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/32 | 17135 | &nbsp;&nbsp; 18368429 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/37 | 13885 | &nbsp;&nbsp; 14715515 |
| Town of Queen Creek, COP, 5.50%, 10/01/65 | 19940 | &nbsp;&nbsp; 21120524 |
|  |  | &nbsp;&nbsp; 86524964 |
| **Arkansas — 0.2%** | **Arkansas — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, RB, AMT, <br> Sustainability Bonds, 5.70%, 05/01/53<br>| 3415 | &nbsp;&nbsp; 3496869 |
| **California — 6.7%** | **California — 6.7%** |  |
| California Community Choice Financing Authority, RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 5.00%, 03/01/56 | 2935 | &nbsp;&nbsp; 3131254 |
| &nbsp;&nbsp;&nbsp; Series B-2, Sustainability Bonds, 3.54%, 02/01/52 | 1500 | &nbsp;&nbsp; 1434491 |
| &nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency, <br> Refunding RB, Series A, 5.00%, 06/01/36<br>| 300 | &nbsp;&nbsp; 294540 |
| &nbsp;&nbsp;&nbsp; California Educational Facilities Authority, RB, <br> Series U-7, 5.00%, 06/01/46<br>| 2315 | &nbsp;&nbsp; 2674310 |
| &nbsp;&nbsp;&nbsp; California Enterprise Development Authority, RB, <br> 8.00%, 11/15/62<sup>(b)</sup><br>| 3470 | &nbsp;&nbsp; 3062416 |
| &nbsp;&nbsp;&nbsp; California Health Facilities Financing Authority, <br> Refunding RB, Sustainability Bonds, 5.00%, <br> 08/01/55<br>| 1500 | &nbsp;&nbsp; 1502142 |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency, RB, M/F Housing, <br> Class 3, 5.80%, 04/01/36<sup>(b)</sup><br>| 3270 | &nbsp;&nbsp; 3242872 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, RB, Series A, 1st Lien, (BAM), 5.00%, <br> 01/01/28<sup>(c)</sup><br>| 10100 | &nbsp;&nbsp; 10526291 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, Class B, AMT, Sustainability <br> Bonds, 12.00%, 01/01/65<sup>(a)(b)</sup><br>| 6645 | &nbsp;&nbsp; 3854100 |
| California Municipal Finance Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, Senior Lien, 5.00%, 12/31/43 | 800 | &nbsp;&nbsp; 810453 |
| &nbsp;&nbsp;&nbsp; AMT, Senior Lien, 4.00%, 12/31/47 | 780 | &nbsp;&nbsp; 691135 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/38<sup>(a)</sup> | 3700 | &nbsp;&nbsp; 3668907 |
| &nbsp;&nbsp;&nbsp; Series A, 6.10%, 12/01/37 | 3700 | &nbsp;&nbsp; 3712497 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, S/F <br> Housing, Series 2025-1, Class A-1, 0.00%, <br> 02/20/41<sup>(a)</sup><br>| 1329 | &nbsp;&nbsp; 1238741 |
| &nbsp;&nbsp;&nbsp; California Public Finance Authority, RB, Series A, <br> 6.38%, 06/01/59<sup>(b)</sup><br>| 1325 | &nbsp;&nbsp; 1226358 |
| &nbsp;&nbsp;&nbsp; California School Finance Authority, Refunding RB, <br> Series A, 5.00%, 07/01/51<sup>(b)</sup><br>| 1700 | &nbsp;&nbsp; 1643916 |
| City of Los Angeles Department of Airports, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 05/15/42<sup>(d)</sup> | 11420 | &nbsp;&nbsp; 11529583 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.00%, 05/15/47 | 4420 | &nbsp;&nbsp; 4528173 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB, Series A, AMT, Sustainability Bonds, 5.50%, <br> 05/15/55<br>| 4425 | &nbsp;&nbsp; 4716094 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **California (continued)** | **California (continued)** |  |
| &nbsp;&nbsp;&nbsp; CSCDA Community Improvement Authority, RB, M/F <br> Housing, Sustainability Bonds, 5.00%, 09/01/37<sup>(b)</sup><br>| 180 | &nbsp;&nbsp; $183328 |
| Hartnell Community College District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series D, 7.00%, 08/01/34 | 1650 | &nbsp;&nbsp; 1738560 |
| &nbsp;&nbsp;&nbsp; Series C, Election 2008, 0.00%, 07/01/38<sup>(e)</sup> | 2000 | &nbsp;&nbsp; 1301573 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.00%, 07/01/53 | 7580 | &nbsp;&nbsp; 7109384 |
| &nbsp;&nbsp;&nbsp; Indio Finance Authority, Refunding RB, Series A, <br> (NPFGC), 4.50%, 11/01/52<br>| 2405 | &nbsp;&nbsp; 2423285 |
| &nbsp;&nbsp;&nbsp; Mt San Antonio Community College District, Refunding <br> GO, CAB, Series A, Convertible, Election 2008, <br> 6.25%, 08/01/43<sup>(f)</sup><br>| 1580 | &nbsp;&nbsp; 1629679 |
| &nbsp;&nbsp;&nbsp; Norwalk-La Mirada Unified School District, Refunding <br> GO, Series E, Election 2002, (AGM), 0.00%, <br> 08/01/38<sup>(e)</sup><br>| 8000 | &nbsp;&nbsp; 4869170 |
| Palomar Community College District, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Convertible, 6.20%, 08/01/39 | 2605 | &nbsp;&nbsp; 3236698 |
| &nbsp;&nbsp;&nbsp; Series B, Election 2006, 0.00%, 08/01/30<sup>(e)</sup> | 1500 | &nbsp;&nbsp; 1336417 |
| &nbsp;&nbsp;&nbsp; Pleasanton Unified School District, GO, Election 2022, <br> 4.25%, 08/01/50<br>| 7630 | &nbsp;&nbsp; 7440150 |
| &nbsp;&nbsp;&nbsp; Riverside County Transportation Commission, RB, <br> CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 0.00%, 06/01/41 | 5000 | &nbsp;&nbsp; 2623780 |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 0.00%, 06/01/42 | 6000 | &nbsp;&nbsp; 2968903 |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 0.00%, 06/01/43 | 5000 | &nbsp;&nbsp; 2335935 |
| &nbsp;&nbsp;&nbsp; Sacramento Metropolitan Fire District, GO, Series A, <br> Election 2024, 4.00%, 08/01/55<br>| 2940 | &nbsp;&nbsp; 2697593 |
| &nbsp;&nbsp;&nbsp; San Diego Community College District, GO, Election <br> 2002, 6.00%, 08/01/27<sup>(c)</sup><br>| 2800 | &nbsp;&nbsp; 2928073 |
| San Diego County Regional Airport Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/47 | 1515 | &nbsp;&nbsp; 1516332 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Subordinate, 5.00%, 07/01/56 | 2150 | &nbsp;&nbsp; 2161068 |
| San Diego Unified School District, GO<sup>(e)(g)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Class A, 0.00%, 07/01/29 | 5315 | &nbsp;&nbsp; 4874426 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 07/01/29 | 685 | &nbsp;&nbsp; 628219 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District, Refunding GO, <br> CAB, Series R-1, 0.00%, 07/01/31<sup>(e)</sup><br>| 1400 | &nbsp;&nbsp; 1206998 |
| &nbsp;&nbsp;&nbsp; San Francisco City & County Airport Comm-San <br> Francisco International Airport, Refunding ARB, <br> Series D, AMT, 5.25%, 05/01/55<br>| 11105 | &nbsp;&nbsp; 11522760 |
| San Marcos Unified School District, GO, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Election 2010, 0.00%, 08/01/33 | 3000 | &nbsp;&nbsp; 2376155 |
| &nbsp;&nbsp;&nbsp; Series B, Election 2010, 0.00%, 08/01/34 | 3500 | &nbsp;&nbsp; 2661455 |
| &nbsp;&nbsp;&nbsp; Series B, Election 2010, 0.00%, 08/01/36 | 4000 | &nbsp;&nbsp; 2789164 |
| &nbsp;&nbsp;&nbsp; Series B, Election 2010, 0.00%, 08/01/43 | 2500 | &nbsp;&nbsp; 1211491 |
| &nbsp;&nbsp;&nbsp; Tobacco Securitization Authority of Southern California, <br> Refunding RB, 5.00%, 06/01/48<br>| 1000 | &nbsp;&nbsp; 1007078 |
| &nbsp;&nbsp;&nbsp; Washington Township Health Care District, GO, <br> Series B, Election 2004, 5.50%, 08/01/40<br>| 2690 | &nbsp;&nbsp; 2708771 |
| &nbsp;&nbsp;&nbsp; Yosemite Community College District, GO, Series D, <br> Election 2004, 0.00%, 08/01/37<sup>(e)</sup><br>| 10000 | &nbsp;&nbsp; 6758724 |
|  |  | &nbsp;&nbsp; 149733442 |
| **Colorado — 1.0%** | **Colorado — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Centerra Metropolitan District No. 1, TA, 5.00%, <br> 12/01/47<sup>(b)</sup><br>| 250 | &nbsp;&nbsp; 249980 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/48 | 1800 | &nbsp;&nbsp; 1803289 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.13%, 11/15/53 | 1290 | &nbsp;&nbsp; 1131739 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, 5.75%, 11/15/45 | 3310 | &nbsp;&nbsp; 3590527 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Colorado (continued)** | **Colorado (continued)** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Pledged Excise Tax <br> Revenue, RB, CAB, Series A-2, 0.00%, 08/01/38<sup>(e)</sup><br>| 915 | &nbsp;&nbsp; $533117 |
| &nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities Authority, <br> RB, 5.50%, 07/01/40<br>| 2510 | &nbsp;&nbsp; 2511367 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/39 | 595 | &nbsp;&nbsp; 646190 |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/47 | 1055 | &nbsp;&nbsp; 1113890 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 1920 | &nbsp;&nbsp; 1978623 |
| Colorado Health Facilities Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/15/46 | 1610 | &nbsp;&nbsp; 1473975 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 08/01/49 | 1950 | &nbsp;&nbsp; 1675730 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 05/15/52 | 1500 | &nbsp;&nbsp; 1351177 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/52 | 3000 | &nbsp;&nbsp; 3062238 |
| &nbsp;&nbsp;&nbsp; Colorado Housing and Finance Authority, RB, M/F <br> Housing, Series A, Sustainability Bonds, (AGM), <br> 4.48%, 03/01/44<br>| 315 | &nbsp;&nbsp; 314441 |
| &nbsp;&nbsp;&nbsp; Denver Convention Center Hotel Authority, Refunding <br> RB, Series A, 5.00%, 12/01/40<br>| 830 | &nbsp;&nbsp; 830696 |
|  |  | &nbsp;&nbsp; 22266979 |
| **Connecticut — 0.2%** | **Connecticut — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, RB, 4.25%, 07/15/53<br>| 1695 | &nbsp;&nbsp; 1561519 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue, RB, <br> Series A-2, 5.00%, 07/01/43<br>| 1420 | &nbsp;&nbsp; 1552787 |
| &nbsp;&nbsp;&nbsp; Waterbury Housing Authority, RB, M/F Housing, <br> Series A, (AGM), 4.50%, 02/01/42<br>| 935 | &nbsp;&nbsp; 941185 |
|  |  | &nbsp;&nbsp; 4055491 |
| **Delaware — 0.2%** | **Delaware — 0.2%** |  |
| County of Kent Delaware, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/40 | 1100 | &nbsp;&nbsp; 1104581 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/53 | 2585 | &nbsp;&nbsp; 2381278 |
|  |  | &nbsp;&nbsp; 3485859 |
| **District of Columbia — 3.6%** | **District of Columbia — 3.6%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Housing Finance Agency, RB, M/F <br> Housing, Series A, Sustainability Bonds, (PSF), <br> 4.88%, 09/01/45<br>| 720 | &nbsp;&nbsp; 743402 |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, RB, <br> Series A, 5.00%, 07/01/47<br>| 2050 | &nbsp;&nbsp; 2137658 |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, Refunding <br> RB, Series A, 5.25%, 06/01/50<br>| 2865 | &nbsp;&nbsp; 3048082 |
| &nbsp;&nbsp;&nbsp; District of Columbia Tobacco Settlement Financing <br> Corp., Refunding RB, 6.75%, 05/15/40<br>| 31045 | &nbsp;&nbsp; 32037515 |
| &nbsp;&nbsp;&nbsp; District of Columbia, Refunding GO, Series A, 5.25%, <br> 01/01/48<br>| 8510 | &nbsp;&nbsp; 8996127 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 10/01/48 | 1000 | &nbsp;&nbsp; 1033924 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 10/01/49 | 1190 | &nbsp;&nbsp; 1232379 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/55 | 2255 | &nbsp;&nbsp; 2380035 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (AGM), 0.00%, <br> 10/01/34<sup>(e)</sup><br>| 10170 | &nbsp;&nbsp; 7483815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series B, 2nd Senior Lien, (PSF), 0.00%, <br> 10/01/35<sup>(e)</sup><br>| 13485 | &nbsp;&nbsp; 9485651 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 10/01/49 | 7985 | &nbsp;&nbsp; 7066577 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **District of Columbia (continued)** | **District of Columbia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority <br> Dedicated Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, 2nd Lien, Sustainability Bonds, 4.38%, <br> 07/15/59<br>| 2795 | &nbsp;&nbsp; $2654759 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 07/15/45 | 1210 | &nbsp;&nbsp; 1277462 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 4.13%, 07/15/47 | 1285 | &nbsp;&nbsp; 1228960 |
|  |  | &nbsp;&nbsp; 80806346 |
| **Florida — 5.5%** | **Florida — 5.5%** |  |
| Capital Trust Agency, Inc., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/55 | 305 | &nbsp;&nbsp; 261402 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/45 | 1750 | &nbsp;&nbsp; 1593528 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 06/01/57 | 655 | &nbsp;&nbsp; 587747 |
| &nbsp;&nbsp;&nbsp; Celebration Pointe Community Development District <br> No. 1, SAB<sup>(h)(i)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/32 | 180 | &nbsp;&nbsp; 144000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/48 | 530 | &nbsp;&nbsp; 424000 |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida Water & Sewer <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.50%, 09/01/48 | 2920 | &nbsp;&nbsp; 3190854 |
| &nbsp;&nbsp;&nbsp; Series B, 5.50%, 09/01/53 | 1700 | &nbsp;&nbsp; 1830431 |
| &nbsp;&nbsp;&nbsp; City of Gainesville Florida Utilities System Revenue, <br> Refunding RB, Series A, 5.00%, 10/01/29<sup>(c)</sup><br>| 20 | &nbsp;&nbsp; 21489 |
| City of Miami Florida, RB, Series A, 5.00%, 03/01/48 | 1800 | &nbsp;&nbsp; 1872896 |
| &nbsp;&nbsp;&nbsp; City of Tampa Florida, RB, CAB, Series A, 0.00%, <br> 09/01/45<sup>(e)</sup><br>| 6275 | &nbsp;&nbsp; 2452707 |
| &nbsp;&nbsp;&nbsp; Collier County Health Facilities Authority, RB, 4.00%, <br> 05/01/52<br>| 1070 | &nbsp;&nbsp; 894755 |
| &nbsp;&nbsp;&nbsp; Collier County Industrial Development Authority, RB, <br> Series A, (AGM-CR), 5.00%, 10/01/54<br>| 3500 | &nbsp;&nbsp; 3542021 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Airport System Revenue, <br> ARB, Series A, AMT, 5.00%, 10/01/44<br>| 995 | &nbsp;&nbsp; 1016193 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Tourist Development Tax <br> Revenue, Refunding RB, Convertible, 4.00%, <br> 09/01/51<br>| 1700 | &nbsp;&nbsp; 1492176 |
| &nbsp;&nbsp;&nbsp; County of Broward Florida Water & Sewer Utility <br> Revenue, RB, Series A, 4.00%, 10/01/45<br>| 585 | &nbsp;&nbsp; 573963 |
| County of Lee Florida Airport Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; (GTD), 5.25%, 10/01/54 | 4325 | &nbsp;&nbsp; 4467244 |
| &nbsp;&nbsp;&nbsp; AMT, 5.25%, 10/01/49 | 2050 | &nbsp;&nbsp; 2125304 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/44 | 3525 | &nbsp;&nbsp; 3593350 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/55 | 2840 | &nbsp;&nbsp; 2981845 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding RB, Series B, AMT, 5.00%, 10/01/40<br>| 3120 | &nbsp;&nbsp; 3157499 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Seaport Department, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/38 | 950 | &nbsp;&nbsp; 1008005 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.25%, 10/01/52 | 1245 | &nbsp;&nbsp; 1266196 |
| &nbsp;&nbsp;&nbsp; County of Osceola Florida Transportation Revenue, <br> Refunding RB, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/46 | 260 | &nbsp;&nbsp; 91557 |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/47 | 435 | &nbsp;&nbsp; 142110 |
| County of Pasco Florida, RB |  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 09/01/48 | 5085 | &nbsp;&nbsp; 5180196 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.75%, 09/01/54 | 1455 | &nbsp;&nbsp; 1561467 |
| &nbsp;&nbsp;&nbsp; Cypress Bluff Community Development District, SAB, <br> Series A, 3.80%, 05/01/50<sup>(b)</sup><br>| 1155 | &nbsp;&nbsp; 948597 |
| &nbsp;&nbsp;&nbsp; Escambia County Health Facilities Authority, Refunding <br> RB, 5.00%, 08/15/40<br>| 1050 | &nbsp;&nbsp; 1072331 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| Finley Woods Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/40 | $265 | &nbsp;&nbsp; $248971 |
| &nbsp;&nbsp;&nbsp; 4.20%, 05/01/50 | 450 | &nbsp;&nbsp; 383256 |
| Florida Development Finance Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/56 | 400 | &nbsp;&nbsp; 368905 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 05/01/29<sup>(b)</sup> | 920 | &nbsp;&nbsp; 926904 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/15/40<sup>(b)</sup> | 340 | &nbsp;&nbsp; 332696 |
| &nbsp;&nbsp;&nbsp; AMT, (PSF), 5.00%, 07/01/44 | 8255 | &nbsp;&nbsp; 8032618 |
| &nbsp;&nbsp;&nbsp; AMT, (PSF), 5.25%, 07/01/47 | 2000 | &nbsp;&nbsp; 1998612 |
| Florida Housing Finance Corp., RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series 5, (BAM), 5.00%, 07/01/50 | 4415 | &nbsp;&nbsp; 4469816 |
| &nbsp;&nbsp;&nbsp; Series 5, (PSF), 5.05%, 01/01/56 | 2840 | &nbsp;&nbsp; 2872551 |
| &nbsp;&nbsp;&nbsp; Florida State Board of Governors, RB, Series A, (PSF), <br> 4.25%, 10/01/53<br>| 7000 | &nbsp;&nbsp; 6491140 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Industrial Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, 4.13%, 11/15/51 | 7050 | &nbsp;&nbsp; 6444657 |
| &nbsp;&nbsp;&nbsp; Series C, 5.50%, 11/15/54 | 3500 | &nbsp;&nbsp; 3723698 |
| Lakewood Ranch Stewardship District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/37 | 180 | &nbsp;&nbsp; 181936 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/47 | 185 | &nbsp;&nbsp; 185517 |
| &nbsp;&nbsp;&nbsp; 6.30%, 05/01/54 | 1925 | &nbsp;&nbsp; 2030570 |
| Lee County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B-2, 4.38%, 11/15/29 | 505 | &nbsp;&nbsp; 506440 |
| &nbsp;&nbsp;&nbsp; Series B-3, 4.13%, 11/15/29 | 525 | &nbsp;&nbsp; 525526 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Educational Facilities Authority, <br> RB, Series C, 5.25%, 11/15/49<br>| 3940 | &nbsp;&nbsp; 4159043 |
| Orange County Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/01/52 | 1000 | &nbsp;&nbsp; 860247 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/53 | 5075 | &nbsp;&nbsp; 5178072 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, Refunding <br> RB, Series A, 5.25%, 10/01/56<br>| 8075 | &nbsp;&nbsp; 8385891 |
| &nbsp;&nbsp;&nbsp; Osceola Chain Lakes Community Development <br> District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/40 | 940 | &nbsp;&nbsp; 884999 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/50 | 900 | &nbsp;&nbsp; 749722 |
| &nbsp;&nbsp;&nbsp; Palm Beach County Health Facilities Authority, <br> Refunding RB, 4.00%, 08/15/49<br>| 3250 | &nbsp;&nbsp; 2852907 |
| &nbsp;&nbsp;&nbsp; Preserve at South Branch Community Development <br> District, SAB, 4.00%, 11/01/50<br>| 500 | &nbsp;&nbsp; 431801 |
| &nbsp;&nbsp;&nbsp; Southern Groves Community Development District No. <br> 5, Refunding SAB, 4.00%, 05/01/43<br>| 600 | &nbsp;&nbsp; 547427 |
| &nbsp;&nbsp;&nbsp; Stevens Plantation Community Development District, <br> SAB, Series A, 7.10%, 05/01/35<sup>(h)(i)</sup><br>| 5629 | &nbsp;&nbsp; 3827628 |
| &nbsp;&nbsp;&nbsp; Tampa-Hillsborough County Expressway Authority, RB, <br> 5.00%, 07/01/47<br>| 1895 | &nbsp;&nbsp; 1909701 |
| Trout Creek Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/40 | 630 | &nbsp;&nbsp; 597517 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/51 | 1050 | &nbsp;&nbsp; 863574 |
| &nbsp;&nbsp;&nbsp; Two Lakes Community Development District, SAB, <br> 5.00%, 05/01/55<br>| 1540 | &nbsp;&nbsp; 1507692 |
| &nbsp;&nbsp;&nbsp; University of Florida Department of Housing & <br> Residence Education Hsg Sys Rev, RB, Series A, <br> (PSF), 3.00%, 07/01/51<br>| 1000 | &nbsp;&nbsp; 711824 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 15, SAB, <br> 5.25%, 05/01/54<sup>(b)</sup><br>| 1045 | &nbsp;&nbsp; 1038871 |
| &nbsp;&nbsp;&nbsp; Volusia County Educational Facility Authority, RB, <br> 5.25%, 06/01/49<br>| 260 | &nbsp;&nbsp; 263171 |
| &nbsp;&nbsp;&nbsp; Westside Community Development District, Refunding <br> SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.10%, 05/01/37 | 260 | &nbsp;&nbsp; 253455 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Westside Community Development District, Refunding <br> SAB<sup>(b)</sup> (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 05/01/38 | 260 | &nbsp;&nbsp; $251220 |
| &nbsp;&nbsp;&nbsp; Westside Community Development District, SAB, <br> 4.00%, 05/01/50<br>| 815 | &nbsp;&nbsp; 682837 |
|  |  | &nbsp;&nbsp; 123175275 |
| **Georgia — 2.5%** | **Georgia — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Atlanta Georgia Department of Aviation, <br> Refunding ARB, Series B, AMT, 5.00%, 07/01/52<br>| 1520 | &nbsp;&nbsp; 1531796 |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage <br> Revenue, Refunding RB, 5.00%, 10/01/48<br>| 3135 | &nbsp;&nbsp; 3267331 |
| &nbsp;&nbsp;&nbsp; Dalton Whitfield County Joint Development Authority, <br> RB, 4.00%, 08/15/48<br>| 2615 | &nbsp;&nbsp; 2337049 |
| &nbsp;&nbsp;&nbsp; DeKalb County Housing Authority, Refunding RB, <br> 4.13%, 12/01/34<br>| 1820 | &nbsp;&nbsp; 1813966 |
| &nbsp;&nbsp;&nbsp; East Point Business & Industrial Development <br> Authority, RB, Series A, 5.25%, 06/15/62<sup>(b)(h)(i)</sup><br>| 1410 | &nbsp;&nbsp; 846000 |
| &nbsp;&nbsp;&nbsp; Gainesville & Hall County Hospital Authority, RB, <br> Series A, 4.00%, 02/15/51<br>| 1460 | &nbsp;&nbsp; 1267980 |
| Georgia Housing & Finance Authority, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.13%, 12/01/50 | 6640 | &nbsp;&nbsp; 6764133 |
| &nbsp;&nbsp;&nbsp; Series G, (GTD), 4.90%, 12/01/50 | 5650 | &nbsp;&nbsp; 5703315 |
| Main Street Natural Gas, Inc., RB<sup>(a)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/53 | 21170 | &nbsp;&nbsp; 22238903 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/52 | 5000 | &nbsp;&nbsp; 5206836 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., Refunding RB, <br> Series E-2, 4.14%, 12/01/53<sup>(a)</sup><br>| 2830 | &nbsp;&nbsp; 2907047 |
| &nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, RB, Series A, <br> 5.00%, 07/01/52<br>| 1870 | &nbsp;&nbsp; 1901547 |
| &nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, Refunding RB, <br> Series A, 4.00%, 01/01/51<br>| 520 | &nbsp;&nbsp; 453582 |
|  |  | &nbsp;&nbsp; 56239485 |
| **Hawaii — 0.3%** | **Hawaii — 0.3%** |  |
| State of Hawaii Airports System Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 07/01/49 | 4090 | &nbsp;&nbsp; 4303011 |
| &nbsp;&nbsp;&nbsp; AMT, 5.25%, 08/01/26 | 2475 | &nbsp;&nbsp; 2480131 |
|  |  | &nbsp;&nbsp; 6783142 |
| **Idaho — 0.6%** | **Idaho — 0.6%** |  |
| Idaho Health Facilities Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; (FHLMC, FNMA, GNMA), 4.38%, 03/01/53 | 2220 | &nbsp;&nbsp; 2178388 |
| &nbsp;&nbsp;&nbsp; Series A, 4.38%, 03/01/53 | 895 | &nbsp;&nbsp; 847509 |
| Idaho Housing & Finance Association, RB |  |  |
| &nbsp;&nbsp;&nbsp; (BAM), 5.50%, 05/01/52 | 1250 | &nbsp;&nbsp; 1270157 |
| &nbsp;&nbsp;&nbsp; (BAM-TCRS), 5.50%, 05/01/57 | 1510 | &nbsp;&nbsp; 1530918 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/48 | 2015 | &nbsp;&nbsp; 2111805 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 08/15/48 | 3250 | &nbsp;&nbsp; 3450872 |
| &nbsp;&nbsp;&nbsp; Power County Industrial Development Corp., RB, <br> 6.45%, 08/01/32<br>| 2000 | &nbsp;&nbsp; 2006968 |
|  |  | &nbsp;&nbsp; 13396617 |
| **Illinois — 6.7%** | **Illinois — 6.7%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/34 | 3200 | &nbsp;&nbsp; 3254978 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/40 | 1730 | &nbsp;&nbsp; 1709964 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/50 | 8435 | &nbsp;&nbsp; 8856184 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/35 | 1845 | &nbsp;&nbsp; 1837431 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 7085 | &nbsp;&nbsp; 6518504 |
| Chicago Board of Education, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 6.00%, 12/01/43 | 3770 | &nbsp;&nbsp; 4021125 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 12/01/34 | 475 | &nbsp;&nbsp; 475988 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Illinois (continued)** | **Illinois (continued)** |  |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education, Refunding <br> GO (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series G, 5.00%, 12/01/34 | 1025 | &nbsp;&nbsp; $1027131 |
| Chicago O'Hare International Airport, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, 4.50%, 01/01/48 | 4000 | &nbsp;&nbsp; 3848582 |
| &nbsp;&nbsp;&nbsp; Class A, AMT, Senior Lien, (BAM), 5.50%, 01/01/53 | 3700 | &nbsp;&nbsp; 3812291 |
| &nbsp;&nbsp;&nbsp; Series E, AMT, Senior Lien, 5.50%, 01/01/60 | 19150 | &nbsp;&nbsp; 19822741 |
| &nbsp;&nbsp;&nbsp; Series A, Senior Lien, 5.25%, 01/01/61 | 12385 | &nbsp;&nbsp; 12826486 |
| &nbsp;&nbsp;&nbsp; Series B, Senior Lien, 4.50%, 01/01/56 | 4405 | &nbsp;&nbsp; 4180436 |
| &nbsp;&nbsp;&nbsp; Series C, Senior Lien, 5.25%, 01/01/54 | 2250 | &nbsp;&nbsp; 2357514 |
| Chicago O'Hare International Airport, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Senior Lien, 5.00%, 01/01/48 | 1000 | &nbsp;&nbsp; 991823 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Senior Lien, 5.25%, 01/01/48 | 1660 | &nbsp;&nbsp; 1699625 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Senior Lien, 4.38%, 01/01/53 | 1390 | &nbsp;&nbsp; 1269357 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois Wastewater Transmission <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 2nd Lien, (AMBAC), 5.25%, 01/01/53 | 1290 | &nbsp;&nbsp; 1334983 |
| &nbsp;&nbsp;&nbsp; Series A, 2nd Lien, (BAM), 5.25%, 01/01/58 | 885 | &nbsp;&nbsp; 912390 |
| &nbsp;&nbsp;&nbsp; City of Chicago Illinois Waterworks Revenue, RB, <br> Series A, 2nd Lien, (BAM), 5.50%, 11/01/62<br>| 3220 | &nbsp;&nbsp; 3363456 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/27<sup>(c)</sup> | 1100 | &nbsp;&nbsp; 1110643 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 02/15/41 | 15 | &nbsp;&nbsp; 14734 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, (PSF), 4.85%, <br> 10/01/42<br>| 515 | &nbsp;&nbsp; 535606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series G, Sustainability Bonds, (FNMA, GNMA), <br> 6.25%, 10/01/52<br>| 2500 | &nbsp;&nbsp; 2686462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series N, Sustainability Bonds, (PSF), 6.25%, <br> 04/01/54<br>| 1540 | &nbsp;&nbsp; 1671781 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, Refunding RB, <br> S/F Housing, Series H, Sustainability Bonds, (AGM), <br> 4.65%, 10/01/43<br>| 1795 | &nbsp;&nbsp; 1832314 |
| Illinois State Toll Highway Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/45 | 980 | &nbsp;&nbsp; 1020791 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 01/01/46 | 395 | &nbsp;&nbsp; 372932 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/41 | 13000 | &nbsp;&nbsp; 13027404 |
| Metropolitan Pier & Exposition Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/57 | 5195 | &nbsp;&nbsp; 5128284 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 06/15/53 | 280 | &nbsp;&nbsp; 280065 |
| Metropolitan Pier & Exposition Authority, RB, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; (BAM), 0.00%, 12/15/56 | 2165 | &nbsp;&nbsp; 466995 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/56 | 3020 | &nbsp;&nbsp; 632258 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding <br> RB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, (FNMA), 0.00%, 06/15/44 | 12445 | &nbsp;&nbsp; 5606769 |
| &nbsp;&nbsp;&nbsp; Series B, (BAM), 0.00%, 06/15/47 | 22775 | &nbsp;&nbsp; 8358268 |
| State of Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/39 | 2635 | &nbsp;&nbsp; 2797448 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/41 | 1770 | &nbsp;&nbsp; 1885072 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/43 | 1115 | &nbsp;&nbsp; 1176389 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 05/01/44 | 1360 | &nbsp;&nbsp; 1445185 |
| &nbsp;&nbsp;&nbsp; Series C, 5.50%, 04/01/51 | 10495 | &nbsp;&nbsp; 10973950 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 11/01/28 | 1405 | &nbsp;&nbsp; 1448449 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 09/01/43 | 755 | &nbsp;&nbsp; 794877 |
| &nbsp;&nbsp;&nbsp; Series F, 5.25%, 09/01/48 | 2620 | &nbsp;&nbsp; 2700013 |
|  |  | &nbsp;&nbsp; 150087678 |
| **Indiana — 0.6%** | **Indiana — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; City of Valparaiso Indiana, Refunding RB, AMT, 4.50%, <br> 01/01/34<sup>(b)</sup><br>| 365 | &nbsp;&nbsp; 372474 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Indiana (continued)** | **Indiana (continued)** |  |
| Indiana Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/51 | 220 | &nbsp;&nbsp; $187624 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/56 | 190 | &nbsp;&nbsp; 158120 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/53 | 2150 | &nbsp;&nbsp; 2200513 |
| Indiana Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.50%, 10/01/50 | 665 | &nbsp;&nbsp; 704619 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/46 | 5945 | &nbsp;&nbsp; 6358845 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 10/01/47 | 2055 | &nbsp;&nbsp; 2184245 |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank, <br> Refunding ARB, Series B1, 5.25%, 01/01/55<br>| 990 | &nbsp;&nbsp; 1028197 |
|  |  | &nbsp;&nbsp; 13194637 |
| **Iowa — 0.2%** | **Iowa — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, RB, S/F Housing, Series A, <br> Sustainability Bonds, (Remove), 4.75%, 07/01/49<br>| 1270 | &nbsp;&nbsp; 1266371 |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Refunding RB, Series A, <br> 5.13%, 05/15/59<br>| 850 | &nbsp;&nbsp; 797724 |
| University of Iowa Facilities Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/47 | 1890 | &nbsp;&nbsp; 1980315 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/48 | 1190 | &nbsp;&nbsp; 1240670 |
|  |  | &nbsp;&nbsp; 5285080 |
| **Kansas — 0.2%** | **Kansas — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; City of Lenexa Kansas, Refunding RB, Series A, <br> 5.00%, 05/15/43<br>| 400 | &nbsp;&nbsp; 400513 |
| &nbsp;&nbsp;&nbsp; University of Kansas Hospital Authority, Refunding RB, <br> 5.50%, 03/01/54<br>| 2820 | &nbsp;&nbsp; 3007179 |
|  |  | &nbsp;&nbsp; 3407692 |
| **Kentucky — 1.1%** | **Kentucky — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Henderson Kentucky, RB, Series A, AMT, <br> 4.70%, 01/01/52<sup>(b)</sup><br>| 150 | &nbsp;&nbsp; 139122 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, Refunding RB, <br> Series B, 5.00%, 01/01/55<sup>(a)</sup><br>| 5420 | &nbsp;&nbsp; 5745108 |
| &nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority, <br> RB, CAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Convertible, 6.45%, 07/01/34 | 500 | &nbsp;&nbsp; 572898 |
| &nbsp;&nbsp;&nbsp; Convertible, 6.60%, 07/01/39 | 830 | &nbsp;&nbsp; 941946 |
| &nbsp;&nbsp;&nbsp; Convertible, 6.75%, 07/01/43 | 5750 | &nbsp;&nbsp; 6458016 |
| &nbsp;&nbsp;&nbsp; Kentucky State Property & Building Commission, RB, <br> Series A, 5.50%, 11/01/42<br>| 875 | &nbsp;&nbsp; 987717 |
| &nbsp;&nbsp;&nbsp; Louisville and Jefferson County Metropolitan Sewer <br> District, Refunding RB, Series C, 5.00%, 05/15/49<br>| 2000 | &nbsp;&nbsp; 2073188 |
| University of Kentucky, RB, Class A, 5.00%, 04/01/55 | 8020 | &nbsp;&nbsp; 8158237 |
|  |  | &nbsp;&nbsp; 25076232 |
| **Louisiana — 1.1%** | **Louisiana — 1.1%** |  |
| Louisiana Public Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/53 | 1330 | &nbsp;&nbsp; 1309613 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 09/01/64 | 7385 | &nbsp;&nbsp; 7586726 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 09/01/66 | 1395 | &nbsp;&nbsp; 1334806 |
| Louisiana Stadium & Exposition District, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/48 | 3910 | &nbsp;&nbsp; 4009502 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 07/01/53 | 6950 | &nbsp;&nbsp; 7164122 |
| &nbsp;&nbsp;&nbsp; Parish of East Baton Rouge Capital Improvements <br> District, RB, 5.00%, 08/01/46<br>| 1370 | &nbsp;&nbsp; 1452530 |
| &nbsp;&nbsp;&nbsp; Port New Orleans Board of Commissioners, ARB, <br> Series E, AMT, 5.00%, 04/01/44<br>| 2450 | &nbsp;&nbsp; 2488123 |
|  |  | &nbsp;&nbsp; 25345422 |
| **Maryland — 0.5%** | **Maryland — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Baltimore Maryland, Refunding RB, Series A, <br> 4.50%, 09/01/33<br>| 135 | &nbsp;&nbsp; 135608 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Maryland (continued)** | **Maryland (continued)** |  |
| Maryland Economic Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class B, AMT, Sustainability Bonds, 5.00%, <br> 12/31/40<br>| 525 | &nbsp;&nbsp; $541061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class B, AMT, Sustainability Bonds, 5.25%, <br> 06/30/47<br>| 1550 | &nbsp;&nbsp; 1560841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class B, AMT, Sustainability Bonds, 5.25%, <br> 06/30/55<br>| 2530 | &nbsp;&nbsp; 2517886 |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities <br> Authority, Refunding RB, Series A, 5.25%, 08/15/54<br>| 4810 | &nbsp;&nbsp; 4967761 |
| Maryland Stadium Authority, RB, 5.00%, 06/01/54 | 1480 | &nbsp;&nbsp; 1526649 |
|  |  | &nbsp;&nbsp; 11249806 |
| **Massachusetts — 2.6%** | **Massachusetts — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund <br> Revenue, RB, Series B, 5.00%, 06/01/52<br>| 3115 | &nbsp;&nbsp; 3201860 |
| Commonwealth of Massachusetts, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/49 | 3000 | &nbsp;&nbsp; 3133043 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 10/01/50 | 3005 | &nbsp;&nbsp; 3126068 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 11/01/49 | 1210 | &nbsp;&nbsp; 1256646 |
| Massachusetts Development Finance Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/48 | 2800 | &nbsp;&nbsp; 2571025 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/47 | 6015 | &nbsp;&nbsp; 6014840 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/40 | 400 | &nbsp;&nbsp; 397393 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/47 | 1815 | &nbsp;&nbsp; 1837252 |
| &nbsp;&nbsp;&nbsp; (FHLMC, FNMA, GNMA), 5.50%, 07/01/50 | 7510 | &nbsp;&nbsp; 8140459 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/55 | 5660 | &nbsp;&nbsp; 6000200 |
| &nbsp;&nbsp;&nbsp; (BAM), 5.50%, 07/01/55 | 4500 | &nbsp;&nbsp; 4826696 |
| &nbsp;&nbsp;&nbsp; (FHLMC, FNMA, GNMA), 5.50%, 07/01/55 | 4010 | &nbsp;&nbsp; 4303565 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/35 | 500 | &nbsp;&nbsp; 500240 |
| &nbsp;&nbsp;&nbsp; Series P, 5.45%, 05/15/59 | 2010 | &nbsp;&nbsp; 2151190 |
| &nbsp;&nbsp;&nbsp; Massachusetts Housing Finance Agency, Refunding <br> RB, Series A, AMT, 4.50%, 12/01/47<br>| 645 | &nbsp;&nbsp; 600289 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority, ARB, Series E, AMT, <br> 5.00%, 07/01/46<br>| 8565 | &nbsp;&nbsp; 8771846 |
|  |  | &nbsp;&nbsp; 56832612 |
| **Michigan — 1.4%** | **Michigan — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Detroit Michigan Water Supply System <br> Revenue, RB, Series B, 2nd Lien, (GTD), 6.25%, <br> 07/01/36<br>| 10 | &nbsp;&nbsp; 10027 |
| &nbsp;&nbsp;&nbsp; Eastern Michigan University, RB, Series A, 4.00%, <br> 03/01/28<sup>(c)</sup><br>| 45 | &nbsp;&nbsp; 46104 |
| Lansing Community College, GOL, 5.00%, 05/01/44 | 5070 | &nbsp;&nbsp; 5230532 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, RB, Sustainability Bonds, <br> 5.50%, 02/28/57<br>| 6650 | &nbsp;&nbsp; 6834240 |
| Michigan Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/28<sup>(c)</sup> | 45 | &nbsp;&nbsp; 47653 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/46 | 550 | &nbsp;&nbsp; 476052 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/46 | 1300 | &nbsp;&nbsp; 1163703 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/48 | 1955 | &nbsp;&nbsp; 1982440 |
| Michigan State Building Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series I, 5.00%, 10/15/46 | 1000 | &nbsp;&nbsp; 1004148 |
| &nbsp;&nbsp;&nbsp; Series I, 4.00%, 10/15/52 | 1265 | &nbsp;&nbsp; 1136417 |
| Michigan Strategic Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/43 | 6490 | &nbsp;&nbsp; 6543120 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 06/30/48 | 4305 | &nbsp;&nbsp; 4258420 |
| &nbsp;&nbsp;&nbsp; State of Michigan Trunk Line Revenue, RB, 5.25%, <br> 11/15/49<br>| 1145 | &nbsp;&nbsp; 1212900 |
|  |  | &nbsp;&nbsp; 29945756 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Minnesota — 0.9%** | **Minnesota — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; City of Spring Lake Park Minnesota, RB, 5.00%, <br> 06/15/39<br>| $1080 | &nbsp;&nbsp; $1065710 |
| &nbsp;&nbsp;&nbsp; Duluth Economic Development Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 02/15/48 | 9485 | &nbsp;&nbsp; 8524058 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/15/58 | 5640 | &nbsp;&nbsp; 5652354 |
| &nbsp;&nbsp;&nbsp; Minneapolis-St Paul Metropolitan Airports Commission, <br> ARB, Series B, AMT, Subordinate, 5.25%, 01/01/49<br>| 1900 | &nbsp;&nbsp; 1946145 |
| Minnesota Housing Finance Agency, RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, (AGM), 5.10%, <br> 07/01/42<br>| 1455 | &nbsp;&nbsp; 1545335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series M, Sustainability Bonds, (GNMA), 6.00%, <br> 01/01/53<br>| 1465 | &nbsp;&nbsp; 1554862 |
|  |  | &nbsp;&nbsp; 20288464 |
| **Mississippi — 0.4%** | **Mississippi — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Mississippi Development Bank, RB, (AGM), 6.88%, <br> 12/01/40<br>| 7010 | &nbsp;&nbsp; 7128733 |
| &nbsp;&nbsp;&nbsp; Mississippi Home Corp., RB, Series 2025-06FN, <br> Class PT, 4.55%, 04/01/42<br>| 495 | &nbsp;&nbsp; 498629 |
| &nbsp;&nbsp;&nbsp; Mississippi Home Corp., RB, S/F Housing, Series C, <br> (AGM), 4.80%, 12/01/49<br>| 1970 | &nbsp;&nbsp; 1988946 |
|  |  | &nbsp;&nbsp; 9616308 |
| **Missouri — 1.5%** | **Missouri — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 04/01/45 | 1365 | &nbsp;&nbsp; 1288074 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 02/15/49 | 1910 | &nbsp;&nbsp; 1658466 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 04/01/55 | 17125 | &nbsp;&nbsp; 16140576 |
| &nbsp;&nbsp;&nbsp; Series A, Class P, 5.25%, 02/01/54 | 330 | &nbsp;&nbsp; 330299 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 11/15/49 | 3455 | &nbsp;&nbsp; 3090195 |
| Kansas City Industrial Development Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Class B, AMT, (NPFGC), 5.00%, 03/01/49 | 3465 | &nbsp;&nbsp; 3490632 |
| &nbsp;&nbsp;&nbsp; Class B, AMT, (AGM), 5.00%, 03/01/55 | 3500 | &nbsp;&nbsp; 3509667 |
| &nbsp;&nbsp;&nbsp; Kansas City Industrial Development Authority, RB, M/F <br> Housing, Sustainability Bonds, (BAM), 4.39%, <br> 09/01/42<br>| 890 | &nbsp;&nbsp; 902301 |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM-CR), 4.60%, 11/01/49 | 175 | &nbsp;&nbsp; 173146 |
| &nbsp;&nbsp;&nbsp; Series C, (FNMA), 4.55%, 11/01/44 | 1335 | &nbsp;&nbsp; 1335099 |
| &nbsp;&nbsp;&nbsp; Series C, (AGM), 5.00%, 11/01/55 | 1165 | &nbsp;&nbsp; 1181765 |
|  |  | &nbsp;&nbsp; 33100220 |
| **Montana — 0.0%** | **Montana — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Montana Board of Housing, RB, S/F Housing, <br> Series B-2, 3.60%, 12/01/47<br>| 160 | &nbsp;&nbsp; 142179 |
| **Nebraska — 0.1%** | **Nebraska — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Omaha Public Power District, RB, Series A, 5.25%, <br> 02/01/48<br>| 950 | &nbsp;&nbsp; 1011880 |
| **Nevada — 0.3%** | **Nevada — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; City of Las Vegas Nevada Special Improvement District <br> No. 611, SAB, 4.13%, 06/01/50<br>| 1065 | &nbsp;&nbsp; 912530 |
| &nbsp;&nbsp;&nbsp; City of Las Vegas Nevada Special Improvement District <br> No. 814, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/01/39 | 120 | &nbsp;&nbsp; 115295 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/01/44 | 305 | &nbsp;&nbsp; 278142 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Nevada (continued)** | **Nevada (continued)** |  |
| &nbsp;&nbsp;&nbsp; Las Vegas Valley Water District, GOL, Series A, 5.25%, <br> 06/01/55<br>| 3145 | &nbsp;&nbsp; $3326152 |
| Tahoe-Douglas Visitors Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/40 | 1015 | &nbsp;&nbsp; 1044275 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/45 | 1350 | &nbsp;&nbsp; 1367098 |
|  |  | &nbsp;&nbsp; 7043492 |
| **New Hampshire — 2.3%** | **New Hampshire — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, <br> Series A, Sustainability Bonds, 5.50%, 06/01/55<br>| 19395 | &nbsp;&nbsp; 20065018 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1st Series, Class B, 5.75%, 04/28/42 | 5130 | &nbsp;&nbsp; 5274607 |
| &nbsp;&nbsp;&nbsp; 1st Series, Subordinate, 5.13%, 01/28/43<sup>(a)</sup> | 2835 | &nbsp;&nbsp; 2855326 |
| &nbsp;&nbsp;&nbsp; Series 2025, Subordinate, 5.15%, 09/28/37 | 8050 | &nbsp;&nbsp; 8036344 |
| &nbsp;&nbsp;&nbsp; Class A-1, Sustainability Bonds, 0.00%, 11/20/42<sup>(a)</sup> | 10377 | &nbsp;&nbsp; 10111182 |
| &nbsp;&nbsp;&nbsp; Series 2, Sustainability Bonds, 4.25%, 07/20/41 | 3728 | &nbsp;&nbsp; 3719775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2, Class 3-A, Sustainability Bonds, 0.00%, <br> 10/01/51<sup>(a)</sup><br>| 1330 | &nbsp;&nbsp; 1297930 |
|  |  | &nbsp;&nbsp; 51360182 |
| **New Jersey — 6.5%** | **New Jersey — 6.5%** |  |
| &nbsp;&nbsp;&nbsp; Camden County Improvement Authority, RB, <br> Sustainability Bonds, 6.00%, 06/15/62<br>| 500 | &nbsp;&nbsp; 512857 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, ARB, <br> Series B, AMT, 5.63%, 11/15/30<br>| 2695 | &nbsp;&nbsp; 2698954 |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/34 | 1000 | &nbsp;&nbsp; 1063368 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/36 | 1270 | &nbsp;&nbsp; 1341622 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/43 | 2435 | &nbsp;&nbsp; 2510157 |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 11/01/47 | 8210 | &nbsp;&nbsp; 8649165 |
| &nbsp;&nbsp;&nbsp; Series B, 4.50%, 06/15/40 | 1270 | &nbsp;&nbsp; 1284941 |
| &nbsp;&nbsp;&nbsp; Series EEE, 5.00%, 06/15/48 | 11355 | &nbsp;&nbsp; 11543478 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 01/01/31 | 2675 | &nbsp;&nbsp; 2719868 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.13%, 07/01/42 | 200 | &nbsp;&nbsp; 201484 |
| &nbsp;&nbsp;&nbsp; AMT, 5.38%, 01/01/43 | 8725 | &nbsp;&nbsp; 8734783 |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, <br> Refunding SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/01/28 | 7897 | &nbsp;&nbsp; 8116738 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/01/31 | 3380 | &nbsp;&nbsp; 3397076 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, RB, Series C, AMT, Subordinate, 4.25%, <br> 12/01/50<br>| 1810 | &nbsp;&nbsp; 1548938 |
| &nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 1-B, AMT, 4.50%, 12/01/45 | 1525 | &nbsp;&nbsp; 1540388 |
| &nbsp;&nbsp;&nbsp; Sub-Series C, AMT, 3.63%, 12/01/49 | 665 | &nbsp;&nbsp; 517327 |
| &nbsp;&nbsp;&nbsp; New Jersey Housing & Mortgage Finance Agency, RB, <br> S/F Housing, Series M, Sustainability Bonds, 5.10%, <br> 10/01/50<br>| 3670 | &nbsp;&nbsp; 3744127 |
| New Jersey Transportation Trust Fund Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/32<sup>(c)</sup> | 4075 | &nbsp;&nbsp; 4644216 |
| &nbsp;&nbsp;&nbsp; Series AA, 5.00%, 06/15/45 | 1315 | &nbsp;&nbsp; 1315653 |
| &nbsp;&nbsp;&nbsp; Series AA, 5.00%, 06/15/46 | 400 | &nbsp;&nbsp; 400166 |
| &nbsp;&nbsp;&nbsp; Series AA, 4.00%, 06/15/50 | 1730 | &nbsp;&nbsp; 1578218 |
| &nbsp;&nbsp;&nbsp; Series AA, 5.00%, 06/15/50 | 685 | &nbsp;&nbsp; 710888 |
| &nbsp;&nbsp;&nbsp; Series AA, 5.25%, 06/15/50 | 1580 | &nbsp;&nbsp; 1668364 |
| &nbsp;&nbsp;&nbsp; Series BB, 5.00%, 06/15/46 | 3465 | &nbsp;&nbsp; 3636670 |
| &nbsp;&nbsp;&nbsp; Series BB, 4.00%, 06/15/50 | 3000 | &nbsp;&nbsp; 2757303 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New Jersey (continued)** | **New Jersey (continued)** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series CC, 5.25%, 06/15/55 | 7640 | &nbsp;&nbsp; $8000793 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/35 | 5050 | &nbsp;&nbsp; 3609187 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/15/38 | 5845 | &nbsp;&nbsp; 3639814 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, <br> Refunding RB, Series A, 4.25%, 06/15/40<br>| 7330 | &nbsp;&nbsp; 7387511 |
| &nbsp;&nbsp;&nbsp; New Jersey Turnpike Authority, RB, Series A, 5.25%, <br> 01/01/55<br>| 10040 | &nbsp;&nbsp; 10718003 |
| &nbsp;&nbsp;&nbsp; South Jersey Port Corp., ARB, Series B, AMT, 5.00%, <br> 01/01/42<br>| 4000 | &nbsp;&nbsp; 4043333 |
| Tobacco Settlement Financing Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/46 | 7165 | &nbsp;&nbsp; 7098392 |
| &nbsp;&nbsp;&nbsp; Sub-Series B, 5.00%, 06/01/46 | 10540 | &nbsp;&nbsp; 10246738 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Intermediate Lien, 5.25%, 06/01/46 | 12560 | &nbsp;&nbsp; 12584175 |
|  |  | &nbsp;&nbsp; 144164695 |
| **New Mexico — 0.0%** | **New Mexico — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Santa Fe New Mexico, RB, Series A, 5.00%, <br> 05/15/44<br>| 610 | &nbsp;&nbsp; 604712 |
| **New York — 10.8%** | **New York — 10.8%** |  |
| &nbsp;&nbsp;&nbsp; Buffalo & Erie County Industrial Land Development <br> Corp., Refunding RB, Series A, 5.00%, 06/01/35<br>| 500 | &nbsp;&nbsp; 505715 |
| City of New York, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/01/46 | 2265 | &nbsp;&nbsp; 2364003 |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.25%, 09/01/50 | 7565 | &nbsp;&nbsp; 7917788 |
| &nbsp;&nbsp;&nbsp; Series D, 4.00%, 04/01/50 | 1190 | &nbsp;&nbsp; 1088694 |
| &nbsp;&nbsp;&nbsp; Series G-1, 5.25%, 02/01/53 | 1845 | &nbsp;&nbsp; 1927988 |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., Refunding RB, <br> 4.00%, 03/15/49<br>| 1850 | &nbsp;&nbsp; 1705723 |
| &nbsp;&nbsp;&nbsp; Erie Tobacco Asset Securitization Corp., Refunding <br> RB, Series A, 5.00%, 06/01/45<br>| 3585 | &nbsp;&nbsp; 2913991 |
| Metropolitan Transportation Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.25%, 11/15/56 | 10 | &nbsp;&nbsp; 10010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (PSF), 4.00%, <br> 11/15/48<br>| 2770 | &nbsp;&nbsp; 2508262 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.00%, 11/15/26 | 65 | &nbsp;&nbsp; 65812 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.00%, 11/15/50 | 945 | &nbsp;&nbsp; 953541 |
| &nbsp;&nbsp;&nbsp; Series C-1, Sustainability Bonds, 5.25%, 11/15/55 | 3720 | &nbsp;&nbsp; 3776246 |
| &nbsp;&nbsp;&nbsp; Monroe County Industrial Development Corp., <br> Refunding RB, Series A, 4.00%, 07/01/50<br>| 1760 | &nbsp;&nbsp; 1578265 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (AGM), 4.70%, <br> 08/01/54<br>| 2565 | &nbsp;&nbsp; 2537754 |
| &nbsp;&nbsp;&nbsp; Series A-1, Sustainability Bonds, 5.00%, 11/01/60 | 4880 | &nbsp;&nbsp; 4919681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series D, Sustainability Bonds, (FHLMC), 5.00%, <br> 05/01/56<br>| 2485 | &nbsp;&nbsp; 2493657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series F, Sustainability Bonds, (AGM), 5.00%, <br> 08/01/55<br>| 11040 | &nbsp;&nbsp; 11158540 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, RB, <br> Series BB, 5.25%, 06/15/55<br>| 1385 | &nbsp;&nbsp; 1458818 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/46 | 1835 | &nbsp;&nbsp; 1782317 |
| &nbsp;&nbsp;&nbsp; Series DD, 4.13%, 06/15/47 | 4175 | &nbsp;&nbsp; 4002152 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 4.00%, 08/01/48 | 3560 | &nbsp;&nbsp; 3288782 |
| &nbsp;&nbsp;&nbsp; Series A-1, Subordinate, 5.25%, 05/01/52 | 3880 | &nbsp;&nbsp; 4075613 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 5.00%, 05/01/46 | $1520 | &nbsp;&nbsp; $1594718 |
| &nbsp;&nbsp;&nbsp; Series B-1, Subordinate, 4.00%, 08/01/48 | 2500 | &nbsp;&nbsp; 2284658 |
| &nbsp;&nbsp;&nbsp; Series E, Subordinate, 5.00%, 11/01/53 | 3255 | &nbsp;&nbsp; 3334128 |
| &nbsp;&nbsp;&nbsp; Series F-1, Subordinate, 4.00%, 02/01/51 | 13955 | &nbsp;&nbsp; 12746338 |
| &nbsp;&nbsp;&nbsp; Series G-1, Subordinate, 5.00%, 05/01/47 | 1250 | &nbsp;&nbsp; 1301598 |
| &nbsp;&nbsp;&nbsp; New York Counties Tobacco Trust II, RB, 5.75%, <br> 06/01/43<br>| 700 | &nbsp;&nbsp; 713706 |
| New York Counties Tobacco Trust IV, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/38 | 1345 | &nbsp;&nbsp; 1248631 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 06/01/41<sup>(b)</sup> | 8939 | &nbsp;&nbsp; 8777663 |
| New York Counties Tobacco Trust VI, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-2B, 5.00%, 06/01/45 | 255 | &nbsp;&nbsp; 221950 |
| &nbsp;&nbsp;&nbsp; Series A-2B, 5.00%, 06/01/51 | 6640 | &nbsp;&nbsp; 5555673 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 06/01/41 | 550 | &nbsp;&nbsp; 550328 |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(b)</sup> | 4280 | &nbsp;&nbsp; 4282792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (BAM), 3.00%, <br> 11/15/51<br>| 5835 | &nbsp;&nbsp; 4250084 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 3.00%, 11/15/51 | 2935 | &nbsp;&nbsp; 2145832 |
| &nbsp;&nbsp;&nbsp; New York Power Authority, RB, Series A, Sustainability <br> Bonds, (FHLMC, FNMA, GNMA), 5.13%, 11/15/58<br>| 1305 | &nbsp;&nbsp; 1363111 |
| &nbsp;&nbsp;&nbsp; New York Power Authority, Refunding RB, Series A, <br> Sustainability Bonds, 4.00%, 11/15/55<br>| 1160 | &nbsp;&nbsp; 1038776 |
| New York State Dormitory Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/44 | 1610 | &nbsp;&nbsp; 1648221 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 11/15/55 | 700 | &nbsp;&nbsp; 698775 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.25%, 05/01/54 | 9725 | &nbsp;&nbsp; 10057714 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 03/15/54 | 6385 | &nbsp;&nbsp; 5733262 |
| New York State Thruway Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.13%, 03/15/56 | 1675 | &nbsp;&nbsp; 1541156 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.13%, 03/15/57 | 2415 | &nbsp;&nbsp; 2214774 |
| New York Transportation Development Corp., ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.63%, 04/01/40 | 3695 | &nbsp;&nbsp; 3912234 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/40 | 2250 | &nbsp;&nbsp; 2351548 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/46 | 2765 | &nbsp;&nbsp; 2751443 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/55 | 7645 | &nbsp;&nbsp; 8088720 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/59 | 4435 | &nbsp;&nbsp; 4676462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 6.00%, 06/30/60<br>| 7200 | &nbsp;&nbsp; 7690806 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 4630 | &nbsp;&nbsp; 4835398 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 10/31/46 | 425 | &nbsp;&nbsp; 386631 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 04/30/53 | 605 | &nbsp;&nbsp; 525155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 5.25%, 06/30/60<br>| 10315 | &nbsp;&nbsp; 10447705 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.38%, 06/30/60 | 5350 | &nbsp;&nbsp; 5431987 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.50%, 06/30/60 | 9580 | &nbsp;&nbsp; 9639664 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, (Q-SBLF), <br> 5.25%, 12/31/54<br>| 3430 | &nbsp;&nbsp; 3470581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.50%, <br> 12/31/60<br>| 8275 | &nbsp;&nbsp; 8363698 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, ARB, <br> Series 218, AMT, 4.00%, 11/01/47<br>| 380 | &nbsp;&nbsp; 345238 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 01/15/52 | 3000 | &nbsp;&nbsp; 3063281 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> ARB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 223, AMT, 4.00%, 07/15/41 | 1150 | &nbsp;&nbsp; $1116953 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 05/15/48 | 6855 | &nbsp;&nbsp; 6315683 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/15/52 | 1900 | &nbsp;&nbsp; 1991986 |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 05/15/53 | 4610 | &nbsp;&nbsp; 4264258 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 05/15/58 | 7415 | &nbsp;&nbsp; 7027023 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, RB, Series A-1, <br> 4.00%, 11/15/54<br>| 745 | &nbsp;&nbsp; 665777 |
| Triborough Bridge & Tunnel Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 05/15/51 | 230 | &nbsp;&nbsp; 236200 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 05/15/47 | 6930 | &nbsp;&nbsp; 7198233 |
| &nbsp;&nbsp;&nbsp; Westchester Tobacco Asset Securitization Corp., <br> Refunding RB, Sub-Series C, 4.00%, 06/01/42<br>| 480 | &nbsp;&nbsp; 394527 |
|  |  | &nbsp;&nbsp; 241528431 |
| **North Carolina — 0.4%** | **North Carolina — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 54-A, (BAM-TCRS), 4.70%, 07/01/50 | 1445 | &nbsp;&nbsp; 1444899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sustainability Bonds, (FHLMC, FNMA, GNMA), <br> 6.00%, 07/01/53<br>| 1750 | &nbsp;&nbsp; 1855213 |
| North Carolina Medical Care Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 10/01/56 | 790 | &nbsp;&nbsp; 793056 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/56 | 4670 | &nbsp;&nbsp; 4691332 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 10/01/54 | 110 | &nbsp;&nbsp; 110316 |
| &nbsp;&nbsp;&nbsp; Red Oak Independent School District, RB, 5.00%, <br> 02/01/49<br>| 460 | &nbsp;&nbsp; 499700 |
|  |  | &nbsp;&nbsp; 9394516 |
| **North Dakota — 0.4%** | **North Dakota — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Grand Forks North Dakota, RB, Series A, <br> (AGM), 5.00%, 12/01/48<br>| 880 | &nbsp;&nbsp; 894955 |
| &nbsp;&nbsp;&nbsp; County of Cass North Dakota, Refunding RB, Series B, <br> 5.25%, 02/15/58<br>| 1035 | &nbsp;&nbsp; 1037267 |
| &nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 4.70%, 07/01/49 | 270 | &nbsp;&nbsp; 268224 |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 4.75%, 07/01/49 | 6570 | &nbsp;&nbsp; 6573521 |
| &nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, 6.25%, 01/01/55 | 535 | &nbsp;&nbsp; 593268 |
|  |  | &nbsp;&nbsp; 9367235 |
| **Ohio — 1.4%** | **Ohio — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, Class 1, 4.00%, 06/01/48 | 1525 | &nbsp;&nbsp; 1323520 |
| &nbsp;&nbsp;&nbsp; Series B-2, Class 2, 5.00%, 06/01/55 | 13060 | &nbsp;&nbsp; 10358159 |
| &nbsp;&nbsp;&nbsp; Columbus Regional Airport Authority, Refunding ARB, <br> Series A, AMT, 5.50%, 01/01/55<br>| 6175 | &nbsp;&nbsp; 6468343 |
| &nbsp;&nbsp;&nbsp; Columbus-Franklin County Finance Authority, RB, M/F <br> Housing, (AGM), 4.82%, 11/01/43<br>| 2135 | &nbsp;&nbsp; 2230870 |
| &nbsp;&nbsp;&nbsp; County of Hamilton Ohio, RB, Series CC, 5.00%, <br> 11/15/49<br>| 270 | &nbsp;&nbsp; 294198 |
| &nbsp;&nbsp;&nbsp; Ohio Housing Finance Agency, RB, S/F Housing, <br> Series B, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.65%, 09/01/49<br>| 3095 | &nbsp;&nbsp; 3062605 |
| State of Ohio, RB, Series P3, AMT, 5.00%, 12/31/39 | 1325 | &nbsp;&nbsp; 1324927 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Ohio (continued)** | **Ohio (continued)** |  |
| &nbsp;&nbsp;&nbsp; State of Ohio, Refunding RB, Series A, (BAM-TCRS), <br> 4.00%, 01/15/50<br>| 4525 | &nbsp;&nbsp; $3995782 |
| &nbsp;&nbsp;&nbsp; University of Cincinnati, Refunding RB, Series A, <br> 5.00%, 06/01/44<br>| 1390 | &nbsp;&nbsp; 1422826 |
|  |  | &nbsp;&nbsp; 30481230 |
| **Oklahoma — 0.5%** | **Oklahoma — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Creek County Educational Facilities Authority, RB, <br> (AMBAC), 4.13%, 09/01/48<br>| 890 | &nbsp;&nbsp; 840836 |
| &nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority, RB, <br> Series B, 5.50%, 08/15/52<br>| 4455 | &nbsp;&nbsp; 4442481 |
| Oklahoma Turnpike Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/01/53 | 4015 | &nbsp;&nbsp; 4236420 |
| &nbsp;&nbsp;&nbsp; Series A, (HUD SECT 8), 4.25%, 01/01/55 | 970 | &nbsp;&nbsp; 928102 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Refunding RB, <br> 5.25%, 11/15/45<br>| 1435 | &nbsp;&nbsp; 1439302 |
|  |  | &nbsp;&nbsp; 11887141 |
| **Oregon — 0.2%** | **Oregon — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Clackamas County School District No. 12 North <br> Clackamas, GO, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (HUD SECT 8), 0.00%, 06/15/27<sup>(c)</sup> | 330 | &nbsp;&nbsp; 195927 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 0.00%, 06/15/38 | 2740 | &nbsp;&nbsp; 1603505 |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, ARB, <br> Series 24B, AMT, 5.00%, 07/01/47<br>| 135 | &nbsp;&nbsp; 135117 |
| &nbsp;&nbsp;&nbsp; State of Oregon Housing & Community Services <br> Department, RB, M/F Housing, Series K1, (HUD <br> SECT 8), 4.33%, 11/01/43<br>| 2290 | &nbsp;&nbsp; 2254887 |
|  |  | &nbsp;&nbsp; 4189436 |
| **Pennsylvania — 5.8%** | **Pennsylvania — 5.8%** |  |
| Allegheny County Airport Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (FNMA), 5.50%, 01/01/48 | 535 | &nbsp;&nbsp; 561962 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (FNMA), 5.50%, 01/01/53 | 670 | &nbsp;&nbsp; 697788 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, (FNMA), 4.00%, 01/01/56 | 1670 | &nbsp;&nbsp; 1437398 |
| &nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/47 | 5000 | &nbsp;&nbsp; 5031020 |
| &nbsp;&nbsp;&nbsp; Series A, (FHLMC), 5.00%, 04/01/47 | 4655 | &nbsp;&nbsp; 4718678 |
| &nbsp;&nbsp;&nbsp; Chester County Health and Education Facilities <br> Authority, Refunding RB, Series A, 5.00%, 10/01/52<br>| 2000 | &nbsp;&nbsp; 2008667 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/47 | 2225 | &nbsp;&nbsp; 2248715 |
| &nbsp;&nbsp;&nbsp; Series C, (PSF), 5.25%, 09/01/54 | 5165 | &nbsp;&nbsp; 5433163 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, Refunding RB, Series B, (FHLMC, FNMA, <br> GNMA), 4.50%, 09/01/48<br>| 1415 | &nbsp;&nbsp; 1424509 |
| Geisinger Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/01/50 | 3080 | &nbsp;&nbsp; 2692359 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 02/15/45 | 4725 | &nbsp;&nbsp; 4753728 |
| &nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority, RB, 5.00%, <br> 11/01/51<br>| 2490 | &nbsp;&nbsp; 2509324 |
| &nbsp;&nbsp;&nbsp; Lancaster Industrial Development Authority, RB, <br> 5.00%, 12/01/44<br>| 675 | &nbsp;&nbsp; 676115 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/51 | 1430 | &nbsp;&nbsp; 1215845 |
| &nbsp;&nbsp;&nbsp; Class B, 5.00%, 05/01/57 | 2500 | &nbsp;&nbsp; 2486141 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/48 | 1100 | &nbsp;&nbsp; 1105027 |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 4.00%, 05/01/52 | 2115 | &nbsp;&nbsp; 1870194 |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, <br> RB, Series C, 5.00%, 11/15/45<br>| 1400 | &nbsp;&nbsp; 1413912 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/30/42 | 390 | &nbsp;&nbsp; $390143 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 06/30/38 | 785 | &nbsp;&nbsp; 851371 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 06/30/40 | 2000 | &nbsp;&nbsp; 2151041 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 06/30/43 | 515 | &nbsp;&nbsp; 546131 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/48 | 4555 | &nbsp;&nbsp; 4765885 |
| &nbsp;&nbsp;&nbsp; AMT, 5.25%, 06/30/53 | 3330 | &nbsp;&nbsp; 3341065 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 12/15/51 | 7745 | &nbsp;&nbsp; 7294399 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/15/51 | 7095 | &nbsp;&nbsp; 7399797 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 11/01/44 | 2385 | &nbsp;&nbsp; 2386441 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/15/49 | 5000 | &nbsp;&nbsp; 4460104 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/15/55 | 1175 | &nbsp;&nbsp; 1051771 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 08/15/55 | 4390 | &nbsp;&nbsp; 4705557 |
| &nbsp;&nbsp;&nbsp; Series B-1, (AGM), 4.25%, 11/01/48 | 3450 | &nbsp;&nbsp; 3229051 |
| &nbsp;&nbsp;&nbsp; Series B-1, (AGM), 4.25%, 11/01/51 | 4635 | &nbsp;&nbsp; 4245379 |
| &nbsp;&nbsp;&nbsp; Series B-1, (AGM), 5.00%, 11/01/51 | 5950 | &nbsp;&nbsp; 6062761 |
| &nbsp;&nbsp;&nbsp; Series B2, 4.38%, 11/01/54 | 1865 | &nbsp;&nbsp; 1700247 |
| &nbsp;&nbsp;&nbsp; Series B2, 5.50%, 11/01/54 | 2280 | &nbsp;&nbsp; 2361818 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, <br> Series 2024-26FN, Class PT, 4.63%, 02/01/42<br>| 1780 | &nbsp;&nbsp; 1824526 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 5.45%, 04/01/51 | 3300 | &nbsp;&nbsp; 3410573 |
| &nbsp;&nbsp;&nbsp; Series 145A, Sustainability Bonds, 4.75%, 10/01/49 | 9985 | &nbsp;&nbsp; 9989785 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, Refunding RB, <br> S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 142-A, Sustainability Bonds, 5.00%, <br> 10/01/43<br>| 1895 | &nbsp;&nbsp; 1992850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 142-A, Sustainability Bonds, 5.00%, <br> 10/01/50<br>| 1130 | &nbsp;&nbsp; 1145222 |
| Pennsylvania Turnpike Commission, RB |  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series B-1, 5.25%, 06/01/47 | 2500 | &nbsp;&nbsp; 2528158 |
| &nbsp;&nbsp;&nbsp; Series A, Subordinate, 4.00%, 12/01/50 | 1075 | &nbsp;&nbsp; 967719 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 12/01/51 | 610 | &nbsp;&nbsp; 544839 |
| Philadelphia Authority for Industrial Development, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 1725 | &nbsp;&nbsp; 1767271 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/49 | 3000 | &nbsp;&nbsp; 2749122 |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co., Refunding RB, Series A, <br> 5.25%, 08/01/49<br>| 2420 | &nbsp;&nbsp; 2540740 |
| &nbsp;&nbsp;&nbsp; Pittsburgh School District, GOL, (AGM), 3.00%, <br> 09/01/41<br>| 1165 | &nbsp;&nbsp; 991462 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia, GOL, Series A, (AGM), <br> 5.50%, 09/01/48<br>| 400 | &nbsp;&nbsp; 424783 |
|  |  | &nbsp;&nbsp; 130104556 |
| **Puerto Rico — 5.0%** | **Puerto Rico — 5.0%** |  |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 6720 | &nbsp;&nbsp; 7073158 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 7656 | &nbsp;&nbsp; 8275296 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.75%, 07/01/53 | 21485 | &nbsp;&nbsp; 20484459 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 50822 | &nbsp;&nbsp; 49363663 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 9291 | &nbsp;&nbsp; 8851441 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Puerto Rico (continued)** | **Puerto Rico (continued)** |  |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.33%, 07/01/40 | 1000 | &nbsp;&nbsp; $988671 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 4.75%, 07/01/53 | 391 | &nbsp;&nbsp; 372791 |
| &nbsp;&nbsp;&nbsp; Series B-2, Restructured, 4.78%, 07/01/58 | 1485 | &nbsp;&nbsp; 1414744 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB, Series A-1, Restructured, <br> 0.00%, 07/01/46<sup>(e)</sup><br>| 39635 | &nbsp;&nbsp; 14127638 |
|  |  | &nbsp;&nbsp; 110951861 |
| **Rhode Island — 0.3%** | **Rhode Island — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Health and Educational Building Corp., <br> RB, 5.00%, 11/01/53<br>| 1870 | &nbsp;&nbsp; 1906188 |
| &nbsp;&nbsp;&nbsp; Rhode Island Housing & Mortgage Finance Corp., RB, <br> S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, (FNMA), 4.60%, 10/01/44 | 2970 | &nbsp;&nbsp; 2993596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.45%, 10/01/44<br>| 1550 | &nbsp;&nbsp; 1554487 |
|  |  | &nbsp;&nbsp; 6454271 |
| **South Carolina — 2.1%** | **South Carolina — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Charleston County Airport District, ARB, Series A, AMT, <br> 5.25%, 07/01/54<br>| 1150 | &nbsp;&nbsp; 1179828 |
| County of Berkeley South Carolina, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 11/01/40 | 315 | &nbsp;&nbsp; 301292 |
| &nbsp;&nbsp;&nbsp; 4.38%, 11/01/49 | 470 | &nbsp;&nbsp; 415096 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Educational Facilities Authority, <br> RB, Series A, 5.50%, 11/01/54<br>| 2285 | &nbsp;&nbsp; 2403217 |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, RB, <br> Series A1, 5.25%, 10/01/54<sup>(a)</sup><br>| 9230 | &nbsp;&nbsp; 9896089 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/55<sup>(b)</sup> | 3100 | &nbsp;&nbsp; 2594681 |
| &nbsp;&nbsp;&nbsp; 7.50%, 08/15/62<sup>(b)</sup> | 895 | &nbsp;&nbsp; 800784 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/48 | 2170 | &nbsp;&nbsp; 2315354 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/49 | 8100 | &nbsp;&nbsp; 8618000 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 11/01/50 | 2210 | &nbsp;&nbsp; 2340440 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 11/01/54 | 3310 | &nbsp;&nbsp; 3188438 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, <br> Refunding RB, Series A, 4.25%, 05/01/48<br>| 1385 | &nbsp;&nbsp; 1272816 |
| South Carolina Public Service Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.00%, 12/01/55 | 1110 | &nbsp;&nbsp; 1134271 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/46 | 3040 | &nbsp;&nbsp; 3186967 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 12/01/51 | 675 | &nbsp;&nbsp; 686896 |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 5.00%, 12/01/54 | 900 | &nbsp;&nbsp; 925296 |
| &nbsp;&nbsp;&nbsp; South Carolina State Housing Finance & Development <br> Authority, RB, S/F Housing, Series B, (AGM), <br> 5.00%, 07/01/50<br>| 4895 | &nbsp;&nbsp; 4952433 |
| &nbsp;&nbsp;&nbsp; South Carolina State Housing Finance & Development <br> Authority, Refunding RB, S/F Housing, Series A, <br> 4.95%, 07/01/53<br>| 205 | &nbsp;&nbsp; 206117 |
|  |  | &nbsp;&nbsp; 46418015 |
| **Tennessee — 2.5%** | **Tennessee — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; Knox County Health Educational & Housing Facility <br> Board, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, (AGM), 5.50%, 07/01/54 | 490 | &nbsp;&nbsp; 514818 |
| &nbsp;&nbsp;&nbsp; Series A-1, (BAM), 5.50%, 07/01/59 | 430 | &nbsp;&nbsp; 448474 |
| &nbsp;&nbsp;&nbsp; Memphis-Shelby County Airport Authority, ARB, <br> Series A, AMT, 5.00%, 07/01/49<br>| 8775 | &nbsp;&nbsp; 8855663 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Health & Educational Fcilities Board, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/48 | 555 | &nbsp;&nbsp; 576732 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Tennessee (continued)** | **Tennessee (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Health & Educational Fcilities Board, RB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/46 | 6590 | &nbsp;&nbsp; $6614036 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Health & Educational Fcilities Board, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/01/49 | 675 | &nbsp;&nbsp; 553841 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/01/54 | 3235 | &nbsp;&nbsp; 2908329 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/58 | 5395 | &nbsp;&nbsp; 5096405 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County <br> Sports Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, Senior Lien, (AGM), 5.25%, 07/01/48 | 1020 | &nbsp;&nbsp; 1079852 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, (AGM), 5.25%, 07/01/48 | 2900 | &nbsp;&nbsp; 3064356 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & Davidson <br> County TN Water & Sewer Revenue, Refunding RB, <br> 5.25%, 07/01/55<br>| 5835 | &nbsp;&nbsp; 6175550 |
| Tennergy Corp., RB, Series A, 5.50%, 10/01/53<sup>(a)</sup> | 4705 | &nbsp;&nbsp; 4999801 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp., RB, Series A, <br> 5.00%, 05/01/52<sup>(a)</sup><br>| 2560 | &nbsp;&nbsp; 2713705 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp., Refunding RB, <br> Series A-1, 5.00%, 05/01/53<sup>(a)</sup><br>| 10260 | &nbsp;&nbsp; 10560328 |
| &nbsp;&nbsp;&nbsp; Tennessee Housing Development Agency, Refunding <br> RB, S/F Housing, Series 3A, Sustainability Bonds, <br> 6.25%, 01/01/54<br>| 1835 | &nbsp;&nbsp; 1980088 |
|  |  | &nbsp;&nbsp; 56141978 |
| **Texas — 13.4%** | **Texas — 13.4%** |  |
| &nbsp;&nbsp;&nbsp; Alamo Heights Independent School District, GO, (BAM-<br> TCRS), 4.00%, 02/01/51<br>| 3715 | &nbsp;&nbsp; 3403264 |
| Arlington Higher Education Finance Corp., RB<sup>(b)(h)(i)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/62 | 3915 | &nbsp;&nbsp; 1957500 |
| &nbsp;&nbsp;&nbsp; 7.88%, 11/01/62 | 3350 | &nbsp;&nbsp; 2010000 |
| &nbsp;&nbsp;&nbsp; Aubrey Independent School District, GO, (BAM), <br> 4.00%, 02/15/52<br>| 1000 | &nbsp;&nbsp; 897768 |
| &nbsp;&nbsp;&nbsp; Bexar Management And Development Corp., RB, M/F <br> Housing, (BAM), 4.61%, 07/01/44<br>| 2285 | &nbsp;&nbsp; 2310652 |
| City of Austin Texas Airport System Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 11/15/41 | 1990 | &nbsp;&nbsp; 2004663 |
| &nbsp;&nbsp;&nbsp; AMT, 5.25%, 11/15/47 | 2500 | &nbsp;&nbsp; 2590030 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Airport System Revenue, <br> Refunding ARB, Series B, 11/15/56<sup>(d)</sup><br>| 13925 | &nbsp;&nbsp; 14298080 |
| &nbsp;&nbsp;&nbsp; City of Austin Texas Water & Wastewater System <br> Revenue, Refunding RB, 5.00%, 11/15/53<br>| 5915 | &nbsp;&nbsp; 6101796 |
| &nbsp;&nbsp;&nbsp; City of Corpus Christi Texas Utility System Revenue, <br> Refunding RB, 4.13%, 07/15/53<br>| 3805 | &nbsp;&nbsp; 3480508 |
| &nbsp;&nbsp;&nbsp; City of Galveston Texas Wharves & Terminal Revenue, <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 1st Lien, 5.50%, 08/01/43 | 100 | &nbsp;&nbsp; 105897 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 1st Lien, 5.50%, 08/01/44 | 100 | &nbsp;&nbsp; 105179 |
| City of Houston Texas Airport System Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/36 | 300 | &nbsp;&nbsp; 322127 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/37 | 780 | &nbsp;&nbsp; 834190 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/15/39 | 1400 | &nbsp;&nbsp; 1480109 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding ARB, Series A, AMT, Subordinate Lien, <br> 5.50%, 07/01/55<br>| 10780 | &nbsp;&nbsp; 11364742 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 07/01/29 | 485 | &nbsp;&nbsp; 485514 |
| &nbsp;&nbsp;&nbsp; Sub-Series A, AMT, 4.00%, 07/01/46 | 1390 | &nbsp;&nbsp; 1253770 |
| &nbsp;&nbsp;&nbsp; Sub-Series A, AMT, 4.00%, 07/01/48 | 3420 | &nbsp;&nbsp; 3039551 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Hotel Occupancy Tax & Special <br> Revenue, Refunding RB, Series C, 1st Lien, 5.50%, <br> 09/01/58<br>| $10000 | &nbsp;&nbsp; $10498176 |
| City of Houston Texas, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/01/49 | 3560 | &nbsp;&nbsp; 3780047 |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 03/01/51 | 1775 | &nbsp;&nbsp; 1628974 |
| City of Houston Texas, Refunding GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/01/42 | 470 | &nbsp;&nbsp; 512304 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/01/43 | 810 | &nbsp;&nbsp; 879126 |
| &nbsp;&nbsp;&nbsp; City of Hutto Texas, GOL, (FHLMC, FNMA, GNMA), <br> 4.13%, 08/01/49<br>| 1065 | &nbsp;&nbsp; 999098 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Refunding RB, <br> Series A, (PSF), 4.13%, 08/15/49<br>| 2595 | &nbsp;&nbsp; 2393413 |
| &nbsp;&nbsp;&nbsp; Conroe Independent School District, GO, (PSF), <br> 4.00%, 02/15/50<br>| 7445 | &nbsp;&nbsp; 6842213 |
| &nbsp;&nbsp;&nbsp; Coppell Independent School District, Refunding GO, <br> (FNMA), 0.00%, 08/15/30<sup>(e)</sup><br>| 10030 | &nbsp;&nbsp; 8730912 |
| &nbsp;&nbsp;&nbsp; County of Harris Texas Toll Road Revenue, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, 4.00%, 08/15/49 | 4970 | &nbsp;&nbsp; 4519080 |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, 4.00%, 08/15/54 | 7365 | &nbsp;&nbsp; 6483505 |
| &nbsp;&nbsp;&nbsp; County of Harris Texas, Refunding GOL, (AGM), <br> 0.00%, 08/15/28<sup>(e)</sup><br>| 10915 | &nbsp;&nbsp; 10180590 |
| &nbsp;&nbsp;&nbsp; Crowley Independent School District, GO, (AGM), <br> 4.25%, 02/01/53<br>| 310 | &nbsp;&nbsp; 293640 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, Refunding ARB, <br> Series B, 5.00%, 11/01/47<br>| 1625 | &nbsp;&nbsp; 1691397 |
| Dallas Independent School District, Refunding GO |  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 4.00%, 02/15/53 | 900 | &nbsp;&nbsp; 820569 |
| &nbsp;&nbsp;&nbsp; Series B, (AGM), 4.00%, 02/15/55 | 2275 | &nbsp;&nbsp; 2051702 |
| &nbsp;&nbsp;&nbsp; Del Valle Independent School District Texas, GO, <br> (GTD), 4.00%, 06/15/47<br>| 1410 | &nbsp;&nbsp; 1328664 |
| &nbsp;&nbsp;&nbsp; Eagle Mountain & Saginaw Independent School <br> District, GO, (FNMA), 4.00%, 08/15/54<br>| 1305 | &nbsp;&nbsp; 1171498 |
| &nbsp;&nbsp;&nbsp; EP Royal Estates PFC, RB, M/F Housing, 4.25%, <br> 10/01/39<br>| 335 | &nbsp;&nbsp; 335460 |
| &nbsp;&nbsp;&nbsp; Fort Bend Independent School District, Refunding GO, <br> Series A, (PSF), 4.00%, 08/15/49<br>| 1735 | &nbsp;&nbsp; 1590416 |
| &nbsp;&nbsp;&nbsp; Grand Parkway Transportation Corp., RB, CAB, <br> Series B, Convertible, 5.80%, 10/01/46<br>| 2365 | &nbsp;&nbsp; 2474841 |
| &nbsp;&nbsp;&nbsp; Greenwood Independent School District, GO, (FNMA), <br> 4.00%, 02/15/54<br>| 3220 | &nbsp;&nbsp; 2873369 |
| &nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance <br> Corp., Refunding RB, Class A, 4.13%, 07/01/52<br>| 5910 | &nbsp;&nbsp; 5284597 |
| Harris County Municipal Utility District No. 534, GO |  |  |
| &nbsp;&nbsp;&nbsp; (PSF), 5.00%, 09/01/47 | 1750 | &nbsp;&nbsp; 1773141 |
| &nbsp;&nbsp;&nbsp; (AGM), 5.00%, 09/01/47 | 1100 | &nbsp;&nbsp; 1114546 |
| &nbsp;&nbsp;&nbsp; Harris County-Houston Sports Authority, Refunding <br> RB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, Senior Lien, 0.00%, 11/15/38 | 4750 | &nbsp;&nbsp; 2425050 |
| &nbsp;&nbsp;&nbsp; Series G, Senior Lien, (AGM), 0.00%, 11/15/41 | 10690 | &nbsp;&nbsp; 4551652 |
| Hidalgo County Regional Mobility Authority, RB, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/01/42 | 500 | &nbsp;&nbsp; 224304 |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 12/01/43 | 1000 | &nbsp;&nbsp; 420739 |
| &nbsp;&nbsp;&nbsp; Leander Independent School District, Refunding GO, <br> Series A, (AGM-CR), 5.00%, 08/15/50<br>| 5750 | &nbsp;&nbsp; 6001517 |
| &nbsp;&nbsp;&nbsp; Longview Independent School District, GO, (GTD), <br> 4.00%, 02/15/49<br>| 3615 | &nbsp;&nbsp; 3335159 |
| &nbsp;&nbsp;&nbsp; Lower Colorado River Authority, Refunding RB, <br> (FHLMC, FNMA, GNMA), 5.00%, 05/15/49<br>| 3055 | &nbsp;&nbsp; 3149154 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; Mesquite Housing Finance Corp., RB, M/F Housing, <br> Series A, Sustainability Bonds, (FHLMC, FNMA, <br> GNMA), 4.53%, 02/01/44<br>| $2900 | &nbsp;&nbsp; $2912248 |
| &nbsp;&nbsp;&nbsp; Midland County Fresh Water Supply District No. 1, RB, <br> CAB, Series A, 0.00%, 09/15/27<sup>(c)(e)</sup><br>| 40420 | &nbsp;&nbsp; 21680026 |
| &nbsp;&nbsp;&nbsp; Midland County Fresh Water Supply District No. 1, <br> Refunding RB, Series A, 0.00%, 09/15/27<sup>(c)(e)</sup><br>| 2340 | &nbsp;&nbsp; 1453175 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 08/15/49 | 7505 | &nbsp;&nbsp; 8131028 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/50<sup>(b)</sup> | 1655 | &nbsp;&nbsp; 1418532 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/51<sup>(b)</sup> | 1535 | &nbsp;&nbsp; 1407822 |
| North Texas Tollway Authority, RB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 09/01/31<sup>(e)</sup> | 5030 | &nbsp;&nbsp; 2703239 |
| &nbsp;&nbsp;&nbsp; Series C, Convertible, 6.75%, 09/01/31 | 2500 | &nbsp;&nbsp; 2974585 |
| North Texas Tollway Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/01/49 | 1995 | &nbsp;&nbsp; 1837626 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 01/01/43 | 7695 | &nbsp;&nbsp; 7758572 |
| &nbsp;&nbsp;&nbsp; Northwest Independent School District, GO, (AGM), <br> 5.25%, 02/15/55<br>| 6405 | &nbsp;&nbsp; 6726589 |
| Port Authority of Houston of Harris County Texas, ARB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/51 | 3360 | &nbsp;&nbsp; 3442437 |
| &nbsp;&nbsp;&nbsp; 1st Lien, 5.00%, 10/01/53 | 1375 | &nbsp;&nbsp; 1410410 |
| &nbsp;&nbsp;&nbsp; Prosper Independent School District, GO, (BAM-<br> TCRS), 4.00%, 02/15/54<br>| 2860 | &nbsp;&nbsp; 2593337 |
| &nbsp;&nbsp;&nbsp; San Antonio Housing Trust Public Facility Corp., RB, <br> Series 2024-11FN, Class PT, 4.45%, 04/01/43<br>| 405 | &nbsp;&nbsp; 403329 |
| &nbsp;&nbsp;&nbsp; Spring Branch Independent School District, GO, <br> (AGM), 4.00%, 02/01/48<br>| 1275 | &nbsp;&nbsp; 1195826 |
| &nbsp;&nbsp;&nbsp; Sunnyvale Independent School District, Refunding GO, <br> (AGM), 4.25%, 02/15/55<br>| 1960 | &nbsp;&nbsp; 1821626 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/51 | 2900 | &nbsp;&nbsp; 2982535 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 07/01/53 | 5005 | &nbsp;&nbsp; 4340969 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/40 | 2500 | &nbsp;&nbsp; 2500754 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/49 | 610 | &nbsp;&nbsp; 607378 |
| &nbsp;&nbsp;&nbsp; Tarrant County Hospital District, GOL, 4.25%, <br> 08/15/53<br>| 7980 | &nbsp;&nbsp; 7390330 |
| Tarrant Regional Water District, RB, 4.25%, 09/01/55 | 4800 | &nbsp;&nbsp; 4390839 |
| &nbsp;&nbsp;&nbsp; Texas City Industrial Development Corp., RB, <br> Series 2012, 4.13%, 12/01/45<br>| 935 | &nbsp;&nbsp; 839024 |
| &nbsp;&nbsp;&nbsp; Texas Department of Housing & Community Affairs, <br> RB, S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.13%, 01/01/54 | 540 | &nbsp;&nbsp; 558472 |
| &nbsp;&nbsp;&nbsp; Series A, (AGM), 5.75%, 03/01/54 | 4360 | &nbsp;&nbsp; 4723725 |
| &nbsp;&nbsp;&nbsp; Series C, (SAW), 5.00%, 09/01/48 | 3650 | &nbsp;&nbsp; 3716419 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. III, <br> Refunding RB, 5.00%, 12/15/32<br>| 2935 | &nbsp;&nbsp; 3146805 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. IV, <br> RB, Series B, 5.50%, 01/01/54<sup>(a)</sup><br>| 2500 | &nbsp;&nbsp; 2731612 |
| &nbsp;&nbsp;&nbsp; Texas State University System, Refunding RB, 4.00%, <br> 03/15/49<br>| 6385 | &nbsp;&nbsp; 5737464 |
| &nbsp;&nbsp;&nbsp; Texas Transportation Commission State Highway <br> 249 System, RB, CAB<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/35 | 270 | &nbsp;&nbsp; 183448 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/36 | 145 | &nbsp;&nbsp; 93493 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/37 | 195 | &nbsp;&nbsp; 118983 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/38 | 200 | &nbsp;&nbsp; 115332 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/39 | 1000 | &nbsp;&nbsp; 545262 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; Texas Transportation Commission State Highway <br> 249 System, RB, CAB<sup>(e)</sup> (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/40 | 500 | &nbsp;&nbsp; $257092 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/41 | 2000 | &nbsp;&nbsp; 969107 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/42 | 2345 | &nbsp;&nbsp; 1075993 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/43 | 795 | &nbsp;&nbsp; 346317 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/44 | 605 | &nbsp;&nbsp; 249433 |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/45 | 1135 | &nbsp;&nbsp; 441273 |
| Texas Water Development Board, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.45%, 10/15/36 | 675 | &nbsp;&nbsp; 719323 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/55 | 4960 | &nbsp;&nbsp; 4967043 |
| &nbsp;&nbsp;&nbsp; Series A, 4.38%, 10/15/59 | 4780 | &nbsp;&nbsp; 4516448 |
| &nbsp;&nbsp;&nbsp; Thrall Independent School District, GO, (PSF), 5.25%, <br> 02/15/48<br>| 3525 | &nbsp;&nbsp; 3698733 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District, GO, <br> Series A, (FHLMC, FNMA, GNMA), 4.00%, <br> 02/15/53<br>| 1700 | &nbsp;&nbsp; 1535367 |
| &nbsp;&nbsp;&nbsp; Ysleta Independent School District, GO, (NPFGC), <br> 4.25%, 08/15/56<br>| 6330 | &nbsp;&nbsp; 5877190 |
|  |  | &nbsp;&nbsp; 297650763 |
| **Utah — 1.5%** | **Utah — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, SAB, 5.63%, <br> 12/01/53<sup>(b)</sup><br>| 1275 | &nbsp;&nbsp; 1296737 |
| City of Salt Lake City Utah Airport Revenue, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/43 | 1790 | &nbsp;&nbsp; 1818230 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 07/01/51 | 1340 | &nbsp;&nbsp; 1349068 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 07/01/55 | 9875 | &nbsp;&nbsp; 10403150 |
| County of Utah, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 05/15/50 | 1840 | &nbsp;&nbsp; 1353328 |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 05/15/47 | 1340 | &nbsp;&nbsp; 1212583 |
| &nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure District, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 1st Lien, (AGM), 5.50%, 06/01/55 | 6020 | &nbsp;&nbsp; 6445089 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (Remove), 5.50%, 06/01/50 | 3450 | &nbsp;&nbsp; 3744361 |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (FNMA), 5.50%, 06/01/55 | 2135 | &nbsp;&nbsp; 2285758 |
| &nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority, RB, 5.00%, <br> 06/15/39<sup>(b)</sup><br>| 300 | &nbsp;&nbsp; 294348 |
| Utah Charter School Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/40<sup>(b)</sup> | 610 | &nbsp;&nbsp; 603868 |
| &nbsp;&nbsp;&nbsp; (GNMA), 4.00%, 04/15/42 | 400 | &nbsp;&nbsp; 368650 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/55<sup>(b)</sup> | 835 | &nbsp;&nbsp; 730830 |
| &nbsp;&nbsp;&nbsp; Utah Housing Corp., RB, S/F Housing, Series E, <br> (GNMA), 4.70%, 01/01/50<br>| 1665 | &nbsp;&nbsp; 1665004 |
|  |  | &nbsp;&nbsp; 33571004 |
| **Vermont — 0.0%** | **Vermont — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Vermont Student Assistance Corp., RB, Series A, AMT, <br> 4.13%, 06/15/30<br>| 275 | &nbsp;&nbsp; 270145 |
| **Virginia — 1.3%** | **Virginia — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, Series A-1, 5.50%, 03/01/46<br>| 601 | &nbsp;&nbsp; 594423 |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, CAB, Series A-2, 7.13%, 03/01/59<sup>(f)</sup><br>| 1441 | &nbsp;&nbsp; 1336572 |
| &nbsp;&nbsp;&nbsp; Fairfax County Industrial Development Authority, RB, <br> 4.13%, 05/15/54<br>| 7375 | &nbsp;&nbsp; 6814697 |
| Henrico County Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 10/01/47 | 4580 | &nbsp;&nbsp; 4596430 |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 10/01/52 | 1170 | &nbsp;&nbsp; 1143102 |
| &nbsp;&nbsp;&nbsp; Henrico County Economic Development Authority, <br> Refunding RB, Series A, 5.00%, 11/01/48<br>| 4145 | &nbsp;&nbsp; 4225105 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Virginia (continued)** | **Virginia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Series B-1, 5.00%, 06/01/47<br>| 3190 | &nbsp;&nbsp; $2668744 |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.60%, 09/01/49 | 2330 | &nbsp;&nbsp; 2332637 |
| &nbsp;&nbsp;&nbsp; Series G, 5.05%, 11/01/47 | 1825 | &nbsp;&nbsp; 1868430 |
| &nbsp;&nbsp;&nbsp; Series G, 5.15%, 11/01/52 | 505 | &nbsp;&nbsp; 516488 |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series E-2, 4.40%, 10/01/44 | 465 | &nbsp;&nbsp; 467061 |
| &nbsp;&nbsp;&nbsp; Series E-2, 4.55%, 10/01/49 | 230 | &nbsp;&nbsp; 228643 |
| &nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority, RB, AMT, <br> 5.00%, 12/31/56<br>| 2490 | &nbsp;&nbsp; 2407097 |
|  |  | &nbsp;&nbsp; 29199429 |
| **Washington — 1.7%** | **Washington — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; County of King Washington Sewer Revenue, <br> Refunding RB, Series A, Junior Lien, 3.32%, <br> 01/01/40<sup>(a)</sup><br>| 615 | &nbsp;&nbsp; 611704 |
| Port of Seattle Washington, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 05/01/43 | 10975 | &nbsp;&nbsp; 11024587 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.50%, 10/01/50 | 2525 | &nbsp;&nbsp; 2697020 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Washington, Refunding ARB, Series C, <br> AMT, Intermediate Lien, 5.00%, 08/01/46<br>| 5645 | &nbsp;&nbsp; 5787896 |
| &nbsp;&nbsp;&nbsp; Vancouver Housing Authority, RB, M/F Housing, <br> 5.00%, 08/01/40<br>| 4425 | &nbsp;&nbsp; 4557032 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/01/44 | 875 | &nbsp;&nbsp; 893328 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 09/01/55 | 4365 | &nbsp;&nbsp; 4593367 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, RB, <br> M/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 0.00%, 11/20/41<sup>(a)</sup> | 3455 | &nbsp;&nbsp; 3331449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2, Class 1, Sustainability Bonds, 4.22%, <br> 03/01/50<br>| 1324 | &nbsp;&nbsp; 1290548 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/43<sup>(b)</sup> | 3065 | &nbsp;&nbsp; 2936240 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/48 | 205 | &nbsp;&nbsp; 202915 |
|  |  | &nbsp;&nbsp; 37926086 |
| **West Virginia — 0.2%** | **West Virginia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; City of Martinsburg West Virginia, RB, M/F Housing, <br> Series A-1, 4.63%, 12/01/43<br>| 570 | &nbsp;&nbsp; 567503 |
| &nbsp;&nbsp;&nbsp; West Virginia Hospital Finance Authority, RB, Class A, <br> 4.38%, 06/01/53<br>| 3000 | &nbsp;&nbsp; 2817509 |
|  |  | &nbsp;&nbsp; 3385012 |
| **Wisconsin — 2.0%** | **Wisconsin — 2.0%** |  |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 06/15/51<sup>(b)</sup> | 855 | &nbsp;&nbsp; 709050 |
| &nbsp;&nbsp;&nbsp; Class A, 5.00%, 06/15/56<sup>(b)</sup> | 400 | &nbsp;&nbsp; 323215 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/55<sup>(b)</sup> | 1120 | &nbsp;&nbsp; 962133 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.50%, 01/01/35<sup>(b)</sup> | 1395 | &nbsp;&nbsp; 1367707 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/60 | 2655 | &nbsp;&nbsp; 2719642 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 06/30/60 | 2050 | &nbsp;&nbsp; 2256521 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 12/31/65 | 5990 | &nbsp;&nbsp; 6122813 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 12/31/65 | 12015 | &nbsp;&nbsp; 13216183 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 09/30/51 | 5615 | &nbsp;&nbsp; 4693920 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 03/31/56 | 1835 | &nbsp;&nbsp; 1490108 |
| Public Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/49<sup>(b)</sup> | 710 | &nbsp;&nbsp; 665599 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/15/55 | 475 | &nbsp;&nbsp; 481301 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Wisconsin (continued)** | **Wisconsin (continued)** |  |
| Public Finance Authority, Refunding RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 07/01/42 | 990 | &nbsp;&nbsp; $990249 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> RB, Series A, 5.75%, 08/15/54<br>| 265 | &nbsp;&nbsp; 273405 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> Refunding RB, 4.00%, 12/01/51<br>| 3280 | &nbsp;&nbsp; 2863990 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Home Ownership Revenue, RB, S/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (AGM), 4.85%, <br> 09/01/43<br>| 1150 | &nbsp;&nbsp; 1184267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (PSF), 4.75%, <br> 09/01/50<br>| 2535 | &nbsp;&nbsp; 2545128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series C, Sustainability Bonds, (PSF), 4.75%, <br> 03/01/51<br>| 695 | &nbsp;&nbsp; 697542 |
|  |  | &nbsp;&nbsp; 43562773 |
| **Wyoming — 0.0%** | **Wyoming — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; University of Wyoming, RB, Series C, (GNMA), 4.00%, <br> 06/01/51<br>| 855 | &nbsp;&nbsp; 766089 |
| **Total Municipal Bonds — 106.2%** <br>**(Cost: $2,314,816,515)** | **Total Municipal Bonds — 106.2%** <br>**(Cost: $2,314,816,515)** | &nbsp;&nbsp; 2365781179 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(j)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(j)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(j)</sup> |
| **Alabama — 3.4%** | **Alabama — 3.4%** |  |
| Black Belt Energy Gas District, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 12/01/53 | 12500 | &nbsp;&nbsp; 13430510 |
| &nbsp;&nbsp;&nbsp; Series C, 5.50%, 10/01/54<sup>(k)</sup> | 20407 | &nbsp;&nbsp; 21993495 |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.25%, 02/01/53 | 25895 | &nbsp;&nbsp; 27130323 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, <br> Series B-1, 5.75%, 04/01/54<br>| 12450 | &nbsp;&nbsp; 13584498 |
|  |  | &nbsp;&nbsp; 76138826 |
| **California — 2.6%** | **California — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority, RB, <br> Series E-1, Sustainability Bonds, 5.00%, 02/01/54<br>| 10000 | &nbsp;&nbsp; 10560981 |
| City of Los Angeles Department of Airports, ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.00%, 05/15/46 | 8800 | &nbsp;&nbsp; 8801127 |
| &nbsp;&nbsp;&nbsp; Sub-Series A, AMT, 5.00%, 05/15/42 | 11420 | &nbsp;&nbsp; 5710000 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB, Series A, AMT, Sustainability Bonds, 5.25%, <br> 05/15/50<br>| 16742 | &nbsp;&nbsp; 17602227 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> Series B, AMT, 5.00%, 07/01/48<br>| 14500 | &nbsp;&nbsp; 14785872 |
|  |  | &nbsp;&nbsp; 57460207 |
| **Colorado — 1.3%** | **Colorado — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Colorado Airport System <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 12/01/43<sup>(k)</sup> | 10000 | &nbsp;&nbsp; 10208852 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 11/15/53 | 17783 | &nbsp;&nbsp; 18529558 |
|  |  | &nbsp;&nbsp; 28738410 |
| **District of Columbia — 3.8%** | **District of Columbia — 3.8%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/50 | 10320 | &nbsp;&nbsp; 10787928 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/01/50 | 23000 | &nbsp;&nbsp; 24469764 |
| &nbsp;&nbsp;&nbsp; District of Columbia Water & Sewer Authority, <br> Refunding RB, Series B, 5.00%, 10/01/49<br>| 6035 | &nbsp;&nbsp; 6141385 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/49 | 11194 | &nbsp;&nbsp; 11275185 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **District of Columbia (continued)** | **District of Columbia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation <br> Revenue, Refunding ARB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/50 | 6218 | &nbsp;&nbsp; $6330333 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/54 | 11620 | &nbsp;&nbsp; 12166066 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.50%, 10/01/55 | 4160 | &nbsp;&nbsp; 4390664 |
| &nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority <br> Dedicated Revenue, RB, Series A, 2nd Lien, 5.50%, <br> 07/15/60<br>| 9280 | &nbsp;&nbsp; 9912149 |
|  |  | &nbsp;&nbsp; 85473474 |
| **Florida — 4.3%** | **Florida — 4.3%** |  |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida Water & Sewer <br> Revenue, RB, Series B, 5.50%, 09/01/53<br>| 16105 | &nbsp;&nbsp; 17340640 |
| &nbsp;&nbsp;&nbsp; City of Melbourne Florida Water & Sewer Revenue, <br> RB, Series 2023-ZF, 5.00%, 11/15/50<br>| 6910 | &nbsp;&nbsp; 7168904 |
| City of Tallahassee, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series 2025-ZF, 5.25%, 10/01/50 | 9753 | &nbsp;&nbsp; 10271320 |
| &nbsp;&nbsp;&nbsp; Series 2025-ZF, 5.25%, 10/01/55 | 7420 | &nbsp;&nbsp; 7767085 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB, Series A, AMT, 5.25%, 10/01/50<br>| 6149 | &nbsp;&nbsp; 6356403 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Transit System, RB, <br> 5.00%, 07/01/51<br>| 10510 | &nbsp;&nbsp; 10746863 |
| Greater Orlando Aviation Authority, ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, Subordinate, 5.25%, 10/01/51<sup>(k)</sup> | 10380 | &nbsp;&nbsp; 10766168 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 10/01/42 | 13280 | &nbsp;&nbsp; 13461478 |
| &nbsp;&nbsp;&nbsp; JEA Water & Sewer System Revenue, Refunding RB, <br> Series A, 5.25%, 10/01/49<br>| 4915 | &nbsp;&nbsp; 5230112 |
| Tampa Bay Water, RB, Series A, 5.25%, 10/01/54<sup>(k)</sup> | 6672 | &nbsp;&nbsp; 7089112 |
|  |  | &nbsp;&nbsp; 96198085 |
| **Georgia — 3.0%** | **Georgia — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; City of Atlanta Georgia Department of Aviation, ARB, <br> Series B-1, AMT, Sustainability Bonds, 5.50%, <br> 07/01/55<br>| 5340 | &nbsp;&nbsp; 5655611 |
| &nbsp;&nbsp;&nbsp; County of DeKalb Georgia Water & Sewerage <br> Revenue, RB, Series A, 5.00%, 10/01/55<br>| 38177 | &nbsp;&nbsp; 39647103 |
| &nbsp;&nbsp;&nbsp; Georgia Housing & Finance Authority, RB, S/F <br> Housing, Series A, 4.65%, 12/01/50<sup>(k)</sup><br>| 11883 | &nbsp;&nbsp; 11779816 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., RB, Series C, 5.00%, <br> 09/01/53<sup>(k)</sup><br>| 9240 | &nbsp;&nbsp; 9784473 |
|  |  | &nbsp;&nbsp; 66867003 |
| **Illinois**<sup>(k)</sup> **— 1.4%** | **Illinois**<sup>(k)</sup> **— 1.4%** |  |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, <br> Refunding RB, Series A, 5.00%, 12/01/49<br>| 21102 | &nbsp;&nbsp; 21586737 |
| &nbsp;&nbsp;&nbsp; Regional Transportation Authority, RB, Series A, <br> 5.00%, 06/01/50<br>| 10000 | &nbsp;&nbsp; 10293992 |
|  |  | &nbsp;&nbsp; 31880729 |
| **Indiana — 1.0%** | **Indiana — 1.0%** |  |
| Indiana Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 11/01/51 | 10390 | &nbsp;&nbsp; 9286522 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/53 | 12775 | &nbsp;&nbsp; 13075142 |
|  |  | &nbsp;&nbsp; 22361664 |
| **Maryland — 0.8%** | **Maryland — 0.8%** |  |
| Maryland Stadium Authority, RB, 5.00%, 06/01/54 | 17414 | &nbsp;&nbsp; 17963319 |
| **Massachusetts — 1.9%** | **Massachusetts — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund <br> Revenue, RB, Series B, 5.00%, 06/01/52<br>| 10000 | &nbsp;&nbsp; 10278844 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, GO, Series 2024, <br> 5.00%, 12/01/51<br>| 8800 | &nbsp;&nbsp; 9175731 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Massachusetts (continued)** | **Massachusetts (continued)** |  |
| Commonwealth of Massachusetts, GOL |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/48 | 7712 | &nbsp;&nbsp; $8049956 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/55 | 3380 | &nbsp;&nbsp; 3497865 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 10/01/51 | 10000 | &nbsp;&nbsp; 10377813 |
|  |  | &nbsp;&nbsp; 41380209 |
| **Michigan — 1.6%** | **Michigan — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Michigan State Hospital Finance Authority, Refunding <br> RB, 5.00%, 11/15/47<br>| 10000 | &nbsp;&nbsp; 10115094 |
| &nbsp;&nbsp;&nbsp; Michigan State Housing Development Authority, RB, <br> M/F Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.05%, 10/01/48 | 2339 | &nbsp;&nbsp; 2096957 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 10/01/48 | 12964 | &nbsp;&nbsp; 13265404 |
| &nbsp;&nbsp;&nbsp; State of Michigan Trunk Line Revenue, RB, 5.00%, <br> 11/15/46<br>| 10000 | &nbsp;&nbsp; 10552682 |
|  |  | &nbsp;&nbsp; 36030137 |
| **Minnesota — 0.7%** | **Minnesota — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Minneapolis-St. Paul Metropolitan Airports <br> Commission, ARB, AMT, Subordinate, 5.25%, <br> 01/01/49<br>| 15240 | &nbsp;&nbsp; 15610560 |
| **Missouri — 0.8%** | **Missouri — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Health & Educational Facilities Authority of the State of <br> Missouri, RB, 4.00%, 06/01/53<sup>(k)</sup><br>| 5000 | &nbsp;&nbsp; 4345357 |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, RB, S/F <br> Housing, Series E, 4.60%, 11/01/49<br>| 13229 | &nbsp;&nbsp; 13088389 |
|  |  | &nbsp;&nbsp; 17433746 |
| **Nebraska — 0.9%** | **Nebraska — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Central Plains Energy Project, RB, Series 1, 5.00%, <br> 05/01/53<br>| 5240 | &nbsp;&nbsp; 5483246 |
| &nbsp;&nbsp;&nbsp; Nebraska Investment Finance Authority, RB, S/F <br> Housing, Series E, Sustainability Bonds, (AGM), <br> 4.80%, 09/01/54<br>| 5904 | &nbsp;&nbsp; 5920917 |
| &nbsp;&nbsp;&nbsp; Omaha Public Power District, Refunding RB, Series B, <br> 5.25%, 02/01/48<br>| 8980 | &nbsp;&nbsp; 9564928 |
|  |  | &nbsp;&nbsp; 20969091 |
| **Nevada — 1.4%** | **Nevada — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; County of Clark Nevada, GOL, Series A, 5.00%, <br> 05/01/48<br>| 19650 | &nbsp;&nbsp; 20041868 |
| &nbsp;&nbsp;&nbsp; Las Vegas Valley Water District, GOL, Series A, 5.00%, <br> 06/01/49<br>| 9500 | &nbsp;&nbsp; 9897093 |
|  |  | &nbsp;&nbsp; 29938961 |
| **New Jersey — 1.8%** | **New Jersey — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, RB, <br> Series AA, 5.00%, 06/15/55<br>| 24240 | &nbsp;&nbsp; 24923471 |
| New Jersey Turnpike Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/48 | 10000 | &nbsp;&nbsp; 10209378 |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 01/01/49 | 5395 | &nbsp;&nbsp; 5758577 |
|  |  | &nbsp;&nbsp; 40891426 |
| **New York — 13.2%** | **New York — 13.2%** |  |
| City of New York, GO, Series B, 5.25%, 10/01/47 | 6560 | &nbsp;&nbsp; 6866470 |
| &nbsp;&nbsp;&nbsp; County of Nassau New York, GOL, Series A, 5.00%, <br> 04/01/55<sup>(k)</sup><br>| 11235 | &nbsp;&nbsp; 11649449 |
| &nbsp;&nbsp;&nbsp; Empire State Development Corp., RB, Series A, <br> 5.00%, 03/15/50<br>| 8000 | &nbsp;&nbsp; 8293219 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Dedicated Tax <br> Fund, Refunding RB, Series B-1, Sustainability <br> Bonds, 5.00%, 11/15/49<br>| 10344 | &nbsp;&nbsp; 10761837 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., <br> Series 2025-ZF, 5.00%, 11/01/55<br>| 7180 | &nbsp;&nbsp; $7257028 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing, Series E-1, Sustainability Bonds, 4.70%, <br> 11/01/48<sup>(k)</sup><br>| 5540 | &nbsp;&nbsp; 5550411 |
| New York City Municipal Water Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series AA, Subordinate, 5.00%, 06/15/51<sup>(k)</sup> | 14617 | &nbsp;&nbsp; 15153161 |
| &nbsp;&nbsp;&nbsp; Series AA-1, 5.25%, 06/15/52 | 10980 | &nbsp;&nbsp; 11542093 |
| &nbsp;&nbsp;&nbsp; Series DD1, 5.00%, 06/15/48 | 10000 | &nbsp;&nbsp; 10156433 |
| &nbsp;&nbsp;&nbsp; Series GG, 5.00%, 06/15/48 | 10000 | &nbsp;&nbsp; 10312972 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series DD, 5.25%, 06/15/46 | 10000 | &nbsp;&nbsp; 10726656 |
| &nbsp;&nbsp;&nbsp; Series DD, 5.00%, 06/15/47 | 9705 | &nbsp;&nbsp; 10170721 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 05/01/48 | 19586 | &nbsp;&nbsp; 20641166 |
| &nbsp;&nbsp;&nbsp; Series C-1, Subordinate, 5.00%, 05/01/50 | 4737 | &nbsp;&nbsp; 4872831 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 05/01/50<sup>(k)</sup> | 10000 | &nbsp;&nbsp; 10288054 |
| &nbsp;&nbsp;&nbsp; Series D-1, 5.25%, 11/01/48 | 5000 | &nbsp;&nbsp; 5231986 |
| &nbsp;&nbsp;&nbsp; Series H-1, Subordinate, 5.00%, 11/01/50 | 3060 | &nbsp;&nbsp; 3152371 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, RB, <br> Series 2025-ZF, 5.00%, 05/01/47<br>| 15000 | &nbsp;&nbsp; 15682757 |
| &nbsp;&nbsp;&nbsp; New York Power Authority, RB, Series A, Sustainability <br> Bonds, (AGM), 5.13%, 11/15/63<br>| 3373 | &nbsp;&nbsp; 3512550 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/47<sup>(k)</sup> | 10370 | &nbsp;&nbsp; 10894655 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/15/52<sup>(k)</sup> | 5000 | &nbsp;&nbsp; 5248065 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 03/15/53<sup>(k)</sup> | 14017 | &nbsp;&nbsp; 14429792 |
| &nbsp;&nbsp;&nbsp; Series C, 4.00%, 07/01/49 | 8955 | &nbsp;&nbsp; 8120787 |
| &nbsp;&nbsp;&nbsp; Series E, 5.00%, 03/15/46 | 8820 | &nbsp;&nbsp; 9036300 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., RB, AMT, <br> Sustainability Bonds, (FHLMC, FNMA, GNMA), <br> 5.13%, 06/30/60<br>| 10000 | &nbsp;&nbsp; 10045339 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, ARB, <br> Series 221, AMT, 4.00%, 07/15/55<br>| 2820 | &nbsp;&nbsp; 2477428 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, Refunding <br> ARB, AMT, 5.00%, 01/15/47<sup>(k)</sup><br>| 8640 | &nbsp;&nbsp; 8926232 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 05/15/53 | 5773 | &nbsp;&nbsp; 5340251 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 05/15/58 | 8263 | &nbsp;&nbsp; 7830981 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, RB, Series A, <br> 5.50%, 11/15/57<br>| 5339 | &nbsp;&nbsp; 5637409 |
| Triborough Bridge & Tunnel Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 05/15/51<sup>(k)</sup> | 12685 | &nbsp;&nbsp; 13026928 |
| &nbsp;&nbsp;&nbsp; Series B-1, Sustainability Bonds, 5.25%, 05/15/54 | 7056 | &nbsp;&nbsp; 7415472 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 05/15/52<sup>(k)</sup> | 4340 | &nbsp;&nbsp; 4536064 |
|  |  | &nbsp;&nbsp; 294787868 |
| **Oklahoma — 0.4%** | **Oklahoma — 0.4%** |  |
| Oklahoma Turnpike Authority, RB, 5.50%, 01/01/53 | 8126 | &nbsp;&nbsp; 8574501 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Oregon — 1.7%** | **Oregon — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Oregon Airport Revenue, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 29, AMT, Sustainability Bonds, 5.50%, <br> 07/01/48<br>| $29953 | &nbsp;&nbsp; $31652092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 30A, AMT, Sustainability Bonds, 5.25%, <br> 07/01/45<br>| 5320 | &nbsp;&nbsp; 5656594 |
|  |  | &nbsp;&nbsp; 37308686 |
| **Pennsylvania — 2.1%** | **Pennsylvania — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Pennsylvania Water & Wastewater <br> Revenue, Refunding RB, Series B, (FHLMC, FNMA, <br> GNMA), 5.50%, 09/01/53<br>| 2831 | &nbsp;&nbsp; 3022521 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 5.38%, 10/01/46 | 3989 | &nbsp;&nbsp; 4179462 |
| &nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 6.25%, 10/01/53 | 9496 | &nbsp;&nbsp; 10272077 |
| &nbsp;&nbsp;&nbsp; Series 145A, Sustainability Bonds, 4.75%, 10/01/49 | 8620 | &nbsp;&nbsp; 8624131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 147 A, Sustainability Bonds, 4.70%, <br> 10/01/49<sup>(k)</sup><br>| 6750 | &nbsp;&nbsp; 6709207 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Refunding RB, <br> Series B, 5.25%, 12/01/52<br>| 13290 | &nbsp;&nbsp; 13859225 |
|  |  | &nbsp;&nbsp; 46666623 |
| **Rhode Island — 0.5%** | **Rhode Island — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Housing & Mortgage Finance Corp., RB, <br> S/F Housing, Series 82-A, Sustainability Bonds, <br> (AGM), 4.60%, 10/01/49<br>| 10234 | &nbsp;&nbsp; 10113756 |
| **South Carolina — 2.6%** | **South Carolina — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, RB, <br> Series A1, 5.25%, 10/01/54<br>| 16400 | &nbsp;&nbsp; 17583516 |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency, Refunding <br> RB, Series B-1, 5.25%, 02/01/54<sup>(k)</sup><br>| 37444 | &nbsp;&nbsp; 40189359 |
|  |  | &nbsp;&nbsp; 57772875 |
| **Tennessee — 1.1%** | **Tennessee — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp., RB, Series A, <br> 5.00%, 05/01/52<sup>(k)</sup><br>| 11655 | &nbsp;&nbsp; 12354777 |
| &nbsp;&nbsp;&nbsp; Tennessee State School Bond Authority, RB, Series A, <br> (SAW), 5.00%, 11/01/52<br>| 12500 | &nbsp;&nbsp; 12936741 |
|  |  | &nbsp;&nbsp; 25291518 |
| **Texas — 5.8%** | **Texas — 5.8%** |  |
| &nbsp;&nbsp;&nbsp; Austin Community College District, Refunding GOL, <br> 5.25%, 08/01/55<br>| 11740 | &nbsp;&nbsp; 12341100 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Subordinate Lien, (AGM), 5.25%, <br> 07/01/53<br>| 6010 | &nbsp;&nbsp; 6188392 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, Subordinate Lien, 5.50%, 07/01/55 | 14377 | &nbsp;&nbsp; 15156805 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Texas Electric & Gas Systems <br> Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 02/01/49 | 6702 | &nbsp;&nbsp; 7070351 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 02/01/50<sup>(k)</sup> | 11148 | &nbsp;&nbsp; 11890023 |
| &nbsp;&nbsp;&nbsp; County of Bexar Texas, GOL, Series 2025-ZF, 5.00%, <br> 06/15/49<br>| 9840 | &nbsp;&nbsp; 10235013 |
| &nbsp;&nbsp;&nbsp; Crowley Independent School District, GO, (AGM), <br> 5.25%, 02/01/53<br>| 5967 | &nbsp;&nbsp; 6241626 |
| &nbsp;&nbsp;&nbsp; North Texas Municipal Water District, RB, Series 2025-<br> ZF, 5.00%, 06/01/50<sup>(k)</sup><br>| 16613 | &nbsp;&nbsp; 17206629 |
| &nbsp;&nbsp;&nbsp; San Antonio Water System, Refunding RB, Series A, <br> Junior Lien, 5.25%, 05/15/48<br>| 3660 | &nbsp;&nbsp; 3883929 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB, 5.00%, 11/15/51<br>| 4041 | &nbsp;&nbsp; $4156128 |
| &nbsp;&nbsp;&nbsp; Terrell Independent School District, GO, (AGM), 5.25%, <br> 08/01/55<br>| 12920 | &nbsp;&nbsp; 13673886 |
| Texas Water Development Board, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 10/15/52 | 7785 | &nbsp;&nbsp; 7853341 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 10/15/51 | 11775 | &nbsp;&nbsp; 12414324 |
|  |  | &nbsp;&nbsp; 128311547 |
| **Utah — 0.4%** | **Utah — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Utah Airport Revenue, ARB, <br> Series A, AMT, 5.50%, 07/01/53<sup>(k)</sup><br>| 9063 | &nbsp;&nbsp; 9468704 |
| **Washington — 1.8%** | **Washington — 1.8%** |  |
| Port of Seattle Washington, Refunding ARB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, Intermediate Lien, 5.25%, 07/01/49 | 6240 | &nbsp;&nbsp; 6503185 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 08/01/46 | 12100 | &nbsp;&nbsp; 12406297 |
| State of Washington, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024-A, 5.00%, 08/01/48 | 10000 | &nbsp;&nbsp; 10449112 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 02/01/47 | 10000 | &nbsp;&nbsp; 10404955 |
|  |  | &nbsp;&nbsp; 39763549 |
| **Wisconsin — 0.4%** | **Wisconsin — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Housing Revenue, RB, Series A, 4.45%, 05/01/57<br>| 5000 | &nbsp;&nbsp; 4840411 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & Economic Development Authority <br> Housing Revenue, RB, M/F Housing, Series A, <br> 4.10%, 11/01/43<br>| 4000 | &nbsp;&nbsp; 3872328 |
|  |  | &nbsp;&nbsp; 8712739 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 60.7%** <br>**(Cost: $1,329,385,924)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 60.7%** <br>**(Cost: $1,329,385,924)** | &nbsp;&nbsp; 1352108213 |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Warrants** | **Warrants** | **Warrants** |
| **Construction & Engineering — 0.0%** | **Construction & Engineering — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Brightline West, (Expires 11/26/35, Strike Price USD <br> 5.00)<sup>(i)(l)</sup><br>| 55264 | &nbsp;&nbsp; 96712 |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | &nbsp;&nbsp; 96712 |
| **Total Long-Term Investments — 166.9%** <br>**(Cost: $3,644,202,439)** | **Total Long-Term Investments — 166.9%** <br>**(Cost: $3,644,202,439)** | &nbsp;&nbsp; 3717986104 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 3.3%** | **Money Market Funds — 3.3%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 3.31%<sup>(m)(n)</sup><br>| 74065298 | &nbsp;&nbsp; $74072704 |
| **Total Short-Term Securities — 3.3%** <br>**(Cost: $74,072,704)** | **Total Short-Term Securities — 3.3%** <br>**(Cost: $74,072,704)** | &nbsp;&nbsp; 74072704 |
| **Total Investments — 170.2%** <br>**(Cost: $3,718,275,143)** | **Total Investments — 170.2%** <br>**(Cost: $3,718,275,143)** | &nbsp;&nbsp; 3792058808 |
| **Other Assets Less Liabilities — 0.9%** | **Other Assets Less Liabilities — 0.9%** | &nbsp;&nbsp; 20355727 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (38.9)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (38.9)%** | &nbsp;&nbsp; (866606818)<br>|
| **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(32.2)%** | **VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —** <br> **(32.2)%** | &nbsp;&nbsp; (717800000)<br>|
| **Net Assets Applicable to Common Shares — 100.0%** | **Net Assets Applicable to Common Shares — 100.0%** | &nbsp;&nbsp; $2228007717 |

---

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

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(c)</sup> U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par. 

<sup>(d)</sup> When-issued security.

<sup>(e)</sup> Zero-coupon bond.

<sup>(f)</sup> Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step- down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. 

<sup>(g)</sup> Security is collateralized by municipal bonds or U.S. Treasury obligations.

<sup>(h)</sup> Issuer filed for bankruptcy and/or is in default.

<sup>(i)</sup> Non-income producing security.

<sup>(j)</sup> Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing. 

<sup>(k)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between December 1, 2027 to May 1, 2052, is $221,094,183. 

<sup>(l)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<sup>(m)</sup> Affiliate of the Fund.

<sup>(n)</sup> Annualized 7-day yield as of period end.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*04/30/26*<br>| *Shares* <br>*Held at* <br>*04/30/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares<br>| $14829555<br> $59243149 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $74072704 | 74065298 | $434044 | $— |

---

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

<sup>(a)</sup> Represents net amount purchased (sold).

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2365781179 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2365781179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1352108213 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1352108213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 96712 | &nbsp;&nbsp;&nbsp;&nbsp; 96712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 74072704 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 74072704 |
|  | &nbsp;&nbsp; $74072704 | &nbsp;&nbsp;&nbsp;&nbsp; $3717889392 | &nbsp;&nbsp;&nbsp;&nbsp; $96712 | &nbsp;&nbsp;&nbsp;&nbsp; $3792058808 |

---

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TOB Trust Certificates | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(860129710)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(860129710)<br>|
| &nbsp;&nbsp;&nbsp; VMTP Shares at Liquidation Value | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (717800000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (717800000)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(1577929710)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(1577929710)<br>|

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AGM-CR | AGM Insured Custodial Receipt |
| AMBAC | AMBAC Assurance Corp. |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |
| BAM | Build America Mutual Assurance Co. |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |
| COP | Certificates of Participation |
| CR | Custodian Receipt |
| FHLMC | Federal Home Loan Mortgage Corp. |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| GTD | Guaranteed |
| HUD SECT 8 | &nbsp;&nbsp;&nbsp; U.S. Department of Housing and Urban Development <br> Section 8<br>|
| M/F | Multi-Family |
| NPFGC | National Public Finance Guarantee Corp. |
| PSF | Permanent School Fund |
| Q-SBLF | Qualified School Bond Loan Fund |
| RB | Revenue Bonds |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**BlackRock MuniHoldings Fund, Inc. (MHD)** 

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAW | State Aid Withholding |
| ST | Special Tax |
| TA | Tax Allocation |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock MuniHoldings Fund, Inc.

- **b. Investment Company Act file number:** 811-08081

- **c. CIK number of Registrant:** 0001034665

- **d. LEI of Registrant:** MZBVMGS24JR92TGE6Z32

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock MuniHoldings Fund, Inc.

- **c. LEI of Series:** MZBVMGS24JR92TGE6Z32

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $3838306934.97

**Total Liabilities:** $1610297105.62

**Net Assets:** $2228009829.35

**Delayed Delivery Securities:** $14351795.75

**Cash Not Reported:** $4945538.45

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1160646.10000000 | **1-Year:** 62379.66000000 | **5-Year:** 716101.65000000 | **10-Year:** 590705.89000000 | **30-Year:** 531858.43000000

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

- **3-Month:** 23422.18000000 | **1-Year:** 6359.66000000 | **5-Year:** 44593.49000000 | **10-Year:** 59892.82000000 | **30-Year:** 161209.02000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 2.30%                | -3.25%               | 1.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $879951.32               | $93247052.59                               |
| Month 2  | $-1118016.06             | $-83578518.89                              |
| Month 3  | $-742017.28              | $34723061.72                               |

**Designated Index Information**

- **Index Name:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

- **Index Identifier:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z97<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2719867.78   | 0.12%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE              | CUSIP: 57422JCA4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2517886.36   | 0.11%             | 2055-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   4842139 | PA      | $5197138.47   | 0.23%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1441000 | PA      | $1336572.46   | 0.06%             | 2059-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4555000 | PA      | $4765884.66   | 0.21%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XHF2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3063281.40   | 0.14%             | 2052-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                       | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE          | CUSIP: 76912DAR9<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2623780.00   | 0.12%             | 2041-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QX7<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  10097975 | PA      | $10521918.96  | 0.47%             | 2053-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Collier County Health Facilities Authority                                       | COLLIER CNTY FL HLTH FACS AUTH RSDL CARE FAC REVENUE         | CUSIP: 19463VAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $894754.97    | 0.04%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9580000 | PA      | $9639664.24   | 0.43%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105026.78   | 0.05%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225DZ6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    610000 | PA      | $544838.89    | 0.02%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2509324.39   | 0.11%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145SU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2393413.13   | 0.11%             | 2049-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10407026 | PA      | $11216083.01  | 0.50%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261A2H9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2508261.59   | 0.11%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Home Corp                                                            | MISSISSIPPI ST HOME CORP SF MTGE REVENUE                     | CUSIP: 60535QS50<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1988945.69   | 0.09%             | 2049-12-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Lansing Community College                                                        | LANSING MI CMNTY CLG                                         | CUSIP: 516408KT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5070000 | PA      | $5230532.42   | 0.23%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAB8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    920000 | PA      | $926904.23    | 0.04%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399TA4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1334805.75   | 0.06%             | 2066-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135608.69    | 0.01%             | 2033-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1323922 | PA      | $1290548.36   | 0.06%             | 2050-03-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG SF MTGE                                | CUSIP: 61212WEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $142178.48    | 0.01%             | 2047-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    391000 | PA      | $372791.40    | 0.02%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9060000 | PA      | $9755120.35   | 0.44%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE WEST EQ WARRANTS                                                      | BRIGHTLINE WEST EQ WARRANTS                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     55264 | NS      | $96712.00     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $628218.57    | 0.03%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167591CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12385000 | PA      | $12826485.62  | 0.58%             | 2061-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palomar Community College District                                               | PALOMAR CA CMNTY CLG DIST                                    | CUSIP: 697511BX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2605000 | PA      | $3236697.65   | 0.15%             | 2039-08-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $1453174.63   | 0.07%             | 2036-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                        | CUSIP: 682001JU7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1011879.87   | 0.05%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Wyoming                                                            | UNIV OF WYOMING WY UNIV REVENUES                             | CUSIP: 915268J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $766089.23    | 0.03%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10315000 | PA      | $10447704.54  | 0.47%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  16400000 | PA      | $17583515.84  | 0.79%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727C53<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    885000 | PA      | $912390.31    | 0.04%             | 2058-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FWZ8<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4723724.72   | 0.21%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDUCTNL FACS REVENUE          | CUSIP: 56678RAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $605267.99    | 0.03%             | 2058-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                            | CUSIP: 37353PUL1<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   5650000 | PA      | $5703314.53   | 0.26%             | 2050-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  10005000 | PA      | $10738511.57  | 0.48%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2386441.02   | 0.11%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2920000 | PA      | $3190853.94   | 0.14%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812U6K9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    230000 | PA      | $228643.00    | 0.01%             | 2049-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7900000 | PA      | $8088757.86   | 0.36%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GBA6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1335099.32   | 0.06%             | 2044-11-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KBB0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5540000 | PA      | $5550411.32   | 0.25%             | 2048-11-01      | Fixed         | 4.70%                 | 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: 64972GE42<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1782316.78   | 0.08%             | 2046-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250DE1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $466995.26    | 0.02%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                                                | GRAND PARKWAY TRANSPRTN CORP TX SYS TOLL REVENUE             | CUSIP: 38611TAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2474841.48   | 0.11%             | 2046-10-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GNY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2161068.42   | 0.10%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | CHESTER CNTY PA HLTH & EDU FACS AUTH HLTH SYS REVENUE        | CUSIP: 16557HEC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008667.20   | 0.09%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AQM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   8820000 | PA      | $9036299.92   | 0.41%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 611                         | LAS VEGAS NV SPL IMPT DIST #611                              | CUSIP: 51778CAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $912529.70    | 0.04%             | 2050-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896YJ8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   8565000 | PA      | $8771845.61   | 0.39%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                        | CUSIP: 682001KR2<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   8980000 | PA      | $9564927.57   | 0.43%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $514818.50    | 0.02%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SCQ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1088693.75   | 0.05%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1351177.05   | 0.06%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1163703.06   | 0.05%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4236420.42   | 0.19%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5206836.50   | 0.23%             | 2052-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $525526.26    | 0.02%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647PE5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2380035.47   | 0.11%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10760000 | PA      | $6008945.67   | 0.27%             | 2038-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C64<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4420000 | PA      | $4528173.31   | 0.20%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LV6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10208852.00  | 0.46%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Port Corp                                                           | SOUTH JERSEY NJ PORT CORP                                    | CUSIP: 838530RG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4043332.80   | 0.18%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DVR0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1561519.09   | 0.07%             | 2053-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                 | TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE             | CUSIP: 873816AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1044275.04   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2351548.35   | 0.11%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                  | DEKALB CNTY GA HSG AUTH MF HSG                               | CUSIP: 240471PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1813965.97   | 0.08%             | 2034-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | MET GOVT NASHVILLE & DAVIDSON CNTY TN WTR & SWR REVENUE      | CUSIP: 5920983R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5835000 | PA      | $6175549.86   | 0.28%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1323519.90   | 0.06%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185516.61    | 0.01%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2256521.31   | 0.10%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530BA6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1439301.56   | 0.06%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534TQH1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   7010000 | PA      | $7128733.28   | 0.32%             | 2040-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X7H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13955000 | PA      | $12746337.91  | 0.57%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XCG4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    400000 | PA      | $397392.64    | 0.02%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NBE5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6650000 | PA      | $6834239.58   | 0.31%             | 2057-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                  | GALVESTON TX WHARVES & TERMINAL REVENUE                      | CUSIP: 364568KE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105897.01    | 0.00%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of Iowa Facilities Corp                                               | UNIV OF IOWA IA FACS CORP                                    | CUSIP: 914364YP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1980315.35   | 0.09%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090JY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1079851.76   | 0.05%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Finley Woods Community Development District                                      | FINLEY WOODS CMNTY DEV DIST FL CAPITAL IMPT REVENUE          | CUSIP: 318023AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $248971.18    | 0.01%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758V42<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1552787.18   | 0.07%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL                                                           | TALLAHASSEE FL CAPITAL BONDS                                 | CUSIP: 874458MT6<br>LEI: 549300MPY4HDPK8B1G15 | Long             | DBT              | MUN               | US        |   9752660 | PA      | $10271320.35  | 0.46%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182D4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   8725000 | PA      | $8734783.34   | 0.39%             | 2043-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Aubrey Independent School District                                               | AUBREY TX INDEP SCH DIST                                     | CUSIP: 050195XB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $897767.80    | 0.04%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAM4<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   2345000 | PA      | $1075993.17   | 0.05%             | 2042-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HAB3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    230000 | PA      | $236199.74    | 0.01%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DBV5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3242871.75   | 0.15%             | 2036-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VAR1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    710000 | PA      | $665598.59    | 0.03%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Escambia County Health Facilities Authority                                      | ESCAMBIA CNTY FL HLTH FACS AUTH                              | CUSIP: 296110GC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1072331.40   | 0.05%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJA7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1301598.38   | 0.06%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                           | UNIV OF KENTUCKY LEASE PURCHASE OBLIGS                       | CUSIP: 914383BP8<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |   8020000 | PA      | $8158236.73   | 0.37%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13875000 | PA      | $14409470.40  | 0.65%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                            | CUSIP: 37353PRJ0<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   6640000 | PA      | $6764132.81   | 0.30%             | 2050-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | TEXAS ST UNIV SYS FING REVENUE                               | CUSIP: 88278PJ88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6385000 | PA      | $5737463.95   | 0.26%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MQB0<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1832313.56   | 0.08%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7330000 | PA      | $7387511.18   | 0.33%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647PE5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   4160000 | PA      | $4390664.10   | 0.20%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8050000 | PA      | $8036343.98   | 0.36%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAH5<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    200000 | PA      | $115332.44    | 0.01%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Miami FL                                                                 | MIAMI FL SPL OBLG                                            | CUSIP: 593490NG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1872896.40   | 0.08%             | 2048-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Iowa Facilities Corp                                               | UNIV OF IOWA IA FACS CORP                                    | CUSIP: 914364YQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1240669.72   | 0.06%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Thrall Independent School District/TX                                            | THRALL TX INDEP SCH DIST                                     | CUSIP: 885528JB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3698732.80   | 0.17%             | 2048-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Cass ND                                                                | CASS CNTY ND HLTH FAC REVENUE                                | CUSIP: 148047BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1037267.17   | 0.05%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4635000 | PA      | $4245379.12   | 0.19%             | 2051-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                        | SPRING BRANCH TX INDEP SCH DIST                              | CUSIP: 849476WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1195826.20   | 0.05%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mesquite Housing Finance Corp/The                                                | MESQUITE TX HSG FIN CORP MF HSG REVENUE                      | CUSIP: 590747AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2912247.86   | 0.13%             | 2044-02-01      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A5Y8<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   4655000 | PA      | $4718678.07   | 0.21%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   4995000 | PA      | $5208941.34   | 0.23%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HMG3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   7896634 | PA      | $8116737.79   | 0.36%             | 2028-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13060000 | PA      | $10358158.95  | 0.46%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YFK2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  12775000 | PA      | $13075142.05  | 0.59%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041WH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6590000 | PA      | $6614036.37   | 0.30%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009RR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5910000 | PA      | $5284596.71   | 0.24%             | 2052-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJECT REVENUE  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  11655000 | PA      | $12354776.69  | 0.55%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GJJ9<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1181764.82   | 0.05%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                      | BLACK DESERT PUB INFRASTRUCTURE DIST UT SPL ASSMNT           | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1296737.48   | 0.06%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | HARRIS CNTY-HOUSTON TX SPORTS AUTH                           | CUSIP: 413893CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $2425049.80   | 0.11%             | 2038-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453B3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   8957970 | PA      | $9418373.02   | 0.42%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483KT6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3668907.42   | 0.16%             | 2038-02-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Berkeley SC                                                            | BERKELEY CNTY SC ASSMNT REVENUE                              | CUSIP: 084220AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $301291.99    | 0.01%             | 2040-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY                                 | CUSIP: 57583FFZ9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2151190.04   | 0.10%             | 2059-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140JF1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  10040000 | PA      | $10718003.21  | 0.48%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $386630.75    | 0.02%             | 2046-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332EE8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1628973.59   | 0.07%             | 2051-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447UBH2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47653.36     | 0.00%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | PORT HOUSTON TX AUTH                                         | CUSIP: 734262FY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3442437.26   | 0.15%             | 2051-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI ARPT FACS REVENUE                         | CUSIP: 74443CAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    990000 | PA      | $990248.69    | 0.04%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SMF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1927987.73   | 0.09%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $834190.03    | 0.04%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WK3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5845000 | PA      | $3639813.60   | 0.16%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $390143.36    | 0.02%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041YQ4<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   5395000 | PA      | $5096405.09   | 0.23%             | 2058-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   8295000 | PA      | $8650283.97   | 0.39%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1038870.97   | 0.05%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BD1<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  13485000 | PA      | $9485651.06   | 0.43%             | 2035-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X8W4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1837251.72   | 0.08%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153PJ2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2620000 | PA      | $2700013.23   | 0.12%             | 2048-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514Y2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    900000 | PA      | $925295.49    | 0.04%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                               | NEW YORK CNTYS NY TOBACCO TRUST VI                           | CUSIP: 64945JAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $221950.42    | 0.01%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9485000 | PA      | $8524057.58   | 0.38%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION               | CUSIP: 875146BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6275000 | PA      | $2452706.74   | 0.11%             | 2045-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE             | CUSIP: 274502AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $846000.00    | 0.04%             | 2062-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1436897.89   | 0.06%             | 2055-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JAR7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1434491.40   | 0.06%             | 2052-02-01      | Floating      | 3.54%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 593340AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6149617 | PA      | $6356402.53   | 0.29%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                                    | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                  | CUSIP: 957480BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $394527.26    | 0.02%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAG7<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    195000 | PA      | $118983.15    | 0.01%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TYL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $294347.58    | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   6240000 | PA      | $6503185.10   | 0.29%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1700247.02   | 0.08%             | 2054-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Tampa-Hillsborough County Expressway Authority                                   | TAMPA-HILLSBOROUGH CNTY FL EXPRESSWAY AUTH                   | CUSIP: 875301FP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1909701.41   | 0.09%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TG1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1027131.08   | 0.05%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988670.80    | 0.04%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                    | HENRICO CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE          | CUSIP: 42605QHN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1143102.29   | 0.05%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YDY2<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2654758.92   | 0.12%             | 2059-07-15      | Fixed         | 4.38%                 | 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        |   1285000 | PA      | $1228959.99   | 0.06%             | 2047-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3728565 | PA      | $3719775.40   | 0.17%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CGK8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7640000 | PA      | $8000792.89   | 0.36%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    330000 | PA      | $330299.21    | 0.01%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262077H1<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    520000 | PA      | $453581.91    | 0.02%             | 2051-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBV1<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1363110.87   | 0.06%             | 2058-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Sunnyvale Independent School District                                            | SUNNYVALE TX SCH DIST                                        | CUSIP: 867646LJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1821625.76   | 0.08%             | 2055-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845SB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9499998 | PA      | $9897092.78   | 0.44%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356JG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7580000 | PA      | $7109384.33   | 0.32%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589098A7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   6570000 | PA      | $6573520.86   | 0.30%             | 2049-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2751442.93   | 0.12%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GL85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1458817.73   | 0.07%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1699624.53   | 0.08%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FFG7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   7345000 | PA      | $6969727.06   | 0.31%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN50<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14734.30     | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Home Corp                                                            | MISSISSIPPI ST HOME CORP MF REVENUE                          | CUSIP: 60535NDQ7<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |    495000 | PA      | $498629.09    | 0.02%             | 2042-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2285758.33   | 0.10%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eagle Mountain & Saginaw Independent School District                             | EAGLE MOUNTAIN & SAGINAW TX INDEP SCH DIST                   | CUSIP: 269696SF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1171498.50   | 0.05%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dalton Whitfield County Joint Development Authority                              | DALTON WHITFIELD CNTY JT DEV AUTH                            | CUSIP: 235641AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2337049.30   | 0.10%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EP Royal Estates PFC                                                             | EP ROYAL ESTATES PFC TX RSDL DEV REVENUE                     | CUSIP: 29415NAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $335459.75    | 0.02%             | 2039-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6815000 | PA      | $3266444.49   | 0.15%             | 2041-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                        | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 71783MDE2<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2540740.09   | 0.11%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   8255000 | PA      | $8032617.73   | 0.36%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $485513.52    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R4C7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3005000 | PA      | $3126067.54   | 0.14%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151041.40   | 0.10%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  31045000 | PA      | $32037514.86  | 1.44%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WHG4<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2974585.00   | 0.13%             | 2045-09-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GT3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    855000 | PA      | $709049.62    | 0.03%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $525155.49    | 0.02%             | 2053-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21485000 | PA      | $20484458.59  | 0.92%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | MIAMI-DADE CNTY FL TRANSIT SALES SURTAX REVENUE              | CUSIP: 59334PKY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10509999 | PA      | $10746862.54  | 0.48%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $183327.79    | 0.01%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10278844.00  | 0.46%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $851371.12    | 0.04%             | 2038-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647GP0<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  11193793 | PA      | $11275184.62  | 0.51%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $894955.42    | 0.04%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10980000 | PA      | $11542092.55  | 0.52%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8275000 | PA      | $8363698.07   | 0.38%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No 12 North Clackamas                           | CLACKAMAS CNTY OR SCH DIST #12 NORTH CLACKAMAS               | CUSIP: 179093LF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $1603504.99   | 0.07%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4282791.84   | 0.19%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 593340AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2981844.94   | 0.13%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ACR4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2111804.83   | 0.09%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  50822000 | PA      | $49363662.71  | 2.22%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 814                         | LAS VEGAS NV SPL IMPT DIST #814                              | CUSIP: 51778UAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $278141.46    | 0.01%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QWL3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   9985000 | PA      | $9989784.81   | 0.45%             | 2049-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140FX6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5394933 | PA      | $5758576.83   | 0.26%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE            | CUSIP: 64542QBP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1418531.95   | 0.06%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                 | CUSIP: 64985TES6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   7999998 | PA      | $8293218.97   | 0.37%             | 2050-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palomar Community College District                                               | PALOMAR CA CMNTY CLG DIST                                    | CUSIP: 697511BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1336417.50   | 0.06%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TGV9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   5005000 | PA      | $4340969.13   | 0.19%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWP5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    595000 | PA      | $646189.93    | 0.03%             | 2039-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CX7<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4009502.46   | 0.18%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13430510.00  | 0.60%             | 2053-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE            | CUSIP: 64542QBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1407821.87   | 0.06%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D2W5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $206117.17    | 0.01%             | 2053-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177PCD0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400269.28    | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                     | CUSIP: 46247SFV1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    850000 | PA      | $797723.39    | 0.04%             | 2059-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7655680 | PA      | $8275296.29   | 0.37%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNQ7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10288054.00  | 0.46%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CFY9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4525000 | PA      | $3995781.79   | 0.18%             | 2050-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                | CUSIP: 490237AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1104581.39   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                 | FLORIDA ST BRD GOVERNORS FL STUNIV ATHLETICS ASSN REVENUE    | CUSIP: 34157NBE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6491139.90   | 0.29%             | 2053-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | REGL TRANSPRTN AUTH IL                                       | CUSIP: 7599116N5<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10293992.00  | 0.46%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  12450000 | PA      | $13584497.54  | 0.61%             | 2054-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A4A1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5031022.00   | 0.23%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI | CUSIP: 42934AAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $224303.60    | 0.01%             | 2042-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5431987.15   | 0.24%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5085000 | PA      | $5180195.78   | 0.23%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BPC6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5660000 | PA      | $6000200.53   | 0.27%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 534                                  | HARRIS CNTY TX MUNI UTILITY DIST #534                        | CUSIP: 41423SDB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1114545.52   | 0.05%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver CO Airport System Revenue            | CUSIP: 249182QX7<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   7685000 | PA      | $8007639.48   | 0.36%             | 2053-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797355Q31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1206998.24   | 0.05%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bexar Management And Development Corp                                            | BEXAR MGMT & DEV CORP TX MF HSG REVENUE                      | CUSIP: 08857FAA1<br>LEI: 2549009KNEM1RHMCBG65 | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2310652.32   | 0.10%             | 2044-07-01      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $142110.06    | 0.01%             | 2047-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637ARH7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4345356.50   | 0.20%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                             | CUSIP: 114894YS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $1016193.00   | 0.05%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH SF MTGE REVENUE                             | CUSIP: 4624677X3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1266371.23   | 0.06%             | 2049-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $941946.17    | 0.04%             | 2039-07-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Trout Creek Community Development District                                       | TROUT CREEK CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 897188AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $597516.57    | 0.03%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M3D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5340000 | PA      | $5655613.22   | 0.25%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Creek County Educational Facilities Authority                                    | CREEK CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENUE   | CUSIP: 225472BV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $840835.51    | 0.04%             | 2048-09-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167591AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19150000 | PA      | $19822741.42  | 0.89%             | 2060-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036CK0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1705723.13   | 0.08%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   7385000 | PA      | $7586726.44   | 0.34%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| San Diego Community College District                                             | SAN DIEGO CA CMNTY CLG DIST                                  | CUSIP: 797272GR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2928072.84   | 0.13%             | 2033-08-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                                 | HUTTO TX                                                     | CUSIP: 448474ZR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $999097.59    | 0.04%             | 2049-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182F9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201484.00    | 0.01%             | 2042-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15240418 | PA      | $15610560.38  | 0.70%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KNK7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   4880000 | PA      | $4919680.74   | 0.22%             | 2060-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6458016.48   | 0.29%             | 2043-07-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                              | CUSIP: 451295H44<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    895000 | PA      | $847508.97    | 0.04%             | 2053-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                          | INDIO CA PUBLIC FING AUTH                                    | CUSIP: 45571LDS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2423284.97   | 0.11%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBM8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5090000 | PA      | $5296544.57   | 0.24%             | 2053-01-01      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1675730.55   | 0.08%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CCZ0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1593528.48   | 0.07%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  12015000 | PA      | $13216182.80  | 0.59%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                               | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755DB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2376154.80   | 0.11%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF                                                   | PENNSYLVANIA ST HSG FIN AGY SF                               | CUSIP: 70879QWL3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   8620000 | PA      | $8624130.70   | 0.39%             | 2049-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140DD2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10209378.00  | 0.46%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GE59<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4175000 | PA      | $4002152.50   | 0.18%             | 2047-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                                    | VOLUSIA CNTY FL EDUCTNL FAC AUTH                             | CUSIP: 928836NY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $263171.12    | 0.01%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8263347 | PA      | $7830981.40   | 0.35%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                              | CROWLEY TX INDEP SCH DIST                                    | CUSIP: 228130KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $293639.87    | 0.01%             | 2053-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461365Q0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2757303.00   | 0.12%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3812291.30   | 0.17%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                                     | MONROE CNTY NY INDL DEV CORP REVENUE                         | CUSIP: 61075TUV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1578264.69   | 0.07%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582TCB6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $9175730.96   | 0.41%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | TENNESSEE ST SCH BOND AUTH                                   | CUSIP: 880558QP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12936741.25  | 0.58%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XEH5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2510156.76   | 0.11%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPT6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1367706.96   | 0.06%             | 2035-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | COLLIER CNTY FL INDL DEV AUTH                                | CUSIP: 194641BC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3542021.00   | 0.16%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ADT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11774996 | PA      | $12414323.53  | 0.56%             | 2051-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp                                                  | VERMONT ST STUDENT ASSISTANCECORP EDU LOAN REVENUE           | CUSIP: 92428CJJ4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    275000 | PA      | $270144.68    | 0.01%             | 2030-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District                                               | YSLETA TX INDEP SCH DIST                                     | CUSIP: 98816PFN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6330000 | PA      | $5877190.41   | 0.26%             | 2056-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3039550.99   | 0.14%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   6645000 | PA      | $3854100.00   | 0.17%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   7722028 | PA      | $8005422.32   | 0.36%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TC68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $603867.61    | 0.03%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSE0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4041117 | PA      | $4156128.49   | 0.19%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Metropolitan Fire District                                            | SACRAMENTO CA MET FIRE DIST                                  | CUSIP: 785880BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2697592.59   | 0.12%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13033WLB7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  10100000 | PA      | $10526290.70  | 0.47%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                     | CUSIP: 46615SFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4915000 | PA      | $5230112.00   | 0.23%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                 | CUSIP: 34074NFS3<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   4415000 | PA      | $4469816.20   | 0.20%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 735240M91<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135117.44    | 0.01%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5835000 | PA      | $4250084.46   | 0.19%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CY5<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   6950000 | PA      | $7164121.86   | 0.32%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 88046KGW0<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1980087.58   | 0.09%             | 2054-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3455171 | PA      | $3331448.57   | 0.15%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592029CL4<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |    555000 | PA      | $576732.02    | 0.03%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Yosemite Community College District                                              | YOSEMITE CA CMNTY CLG DIST                                   | CUSIP: 987388DP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $6758724.00   | 0.30%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5615000 | PA      | $4693920.45   | 0.21%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090KT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3064356.05   | 0.14%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483KQ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3712497.12   | 0.17%             | 2037-12-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398FD1<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2004662.52   | 0.09%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  14172969 | PA      | $14849195.10  | 0.67%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080VG3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1548937.55   | 0.07%             | 2050-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6855000 | PA      | $6315682.88   | 0.28%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westside Community Development District                                          | WESTSIDE FL CDD SPL ASSMNT REVENUE                           | CUSIP: 96149TAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $253454.97    | 0.01%             | 2037-05-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445CY3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  11420000 | PA      | $11529582.89  | 0.52%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GJR5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   6701648 | PA      | $7070351.47   | 0.32%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MJZ5<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    515000 | PA      | $535606.03    | 0.02%             | 2042-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GGP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1516331.69   | 0.07%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUL5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3410573.43   | 0.15%             | 2051-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515U9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1134271.15   | 0.05%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                 | CUSIP: 574294CV4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |  11400000 | PA      | $11759322.30  | 0.53%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398HV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2590030.25   | 0.12%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917S6Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4460103.50   | 0.20%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BPE2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4826696.40   | 0.22%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Water & Sewer Utility Revenue                               | BROWARD CNTY FL WTR & SWR UTILITY REVENUE                    | CUSIP: 115117NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $573963.04    | 0.03%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   8325000 | PA      | $8849829.65   | 0.40%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10480000 | PA      | $11434982.66  | 0.51%             | 2054-04-01      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | MICHIGAN ST TRUNK LINE                                       | CUSIP: 5946954P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10552682.00  | 0.47%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1830430.97   | 0.08%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WMU8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  11040000 | PA      | $11158539.79  | 0.50%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1437398.06   | 0.06%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10780000 | PA      | $11364741.70  | 0.51%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2125303.88   | 0.10%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                       | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE          | CUSIP: 76912DAT5<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2335935.00   | 0.10%             | 2043-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R2Z8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   7712400 | PA      | $8049956.06   | 0.36%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $572897.60    | 0.03%             | 2034-07-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NEP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $586827.84    | 0.03%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                     | RHODE ISLAND ST HSG & MTGE FIN CORP                          | CUSIP: 76221SDK4<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2993596.06   | 0.13%             | 2044-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $506440.16    | 0.02%             | 2029-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727C46<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1334982.56   | 0.06%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7456953 | PA      | $7861441.57   | 0.35%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308M42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $820568.97    | 0.04%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5522901.65   | 0.25%             | 2053-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593X72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3848582.00   | 0.17%             | 2048-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1541155.94   | 0.07%             | 2056-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FSG0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1473974.96   | 0.07%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 407272W25<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    270000 | PA      | $294198.05    | 0.01%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                       | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE          | CUSIP: 76912DAS7<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $2968902.60   | 0.13%             | 2042-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308U35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2051702.15   | 0.09%             | 2055-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JJZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7095000 | PA      | $7399796.94   | 0.33%             | 2051-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TXY9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1545334.98   | 0.07%             | 2042-07-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                          | CUSIP: 15200XAG8<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249980.55    | 0.01%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                                                       | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  12100000 | PA      | $12406296.98  | 0.56%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | Wisconsin Housing & Economic Development Authority           | CUSIP: 976904Q54<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3872328.44   | 0.17%             | 2057-05-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495BD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12305000 | PA      | $6207279.40   | 0.28%             | 2040-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $2010000.00   | 0.09%             | 2062-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4455000 | PA      | $4442481.00   | 0.20%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSE0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2982534.87   | 0.13%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charleston County Airport District                                               | CHARLESTON CNTY SC ARPT DIST ARPT SYS REVENUE                | CUSIP: 160070EK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1179828.47   | 0.05%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453B3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   7783799 | PA      | $8183853.92   | 0.37%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B6M5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9725000 | PA      | $10057713.65  | 0.45%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3397076.10   | 0.15%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9291000 | PA      | $8851440.93   | 0.40%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | NASSAU CNTY NY                                               | CUSIP: 63165T7A7<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |  11234998 | PA      | $11649449.48  | 0.52%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                                     | ANCHORAGE AK PORT REVENUE                                    | CUSIP: 033252CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7020000 | PA      | $6234544.13   | 0.28%             | 2060-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XX94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3288782.11   | 0.15%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                              | CUSIP: 88880NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3190000 | PA      | $2668743.79   | 0.12%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust II                                               | NEW YORK CNTYS NY TOBACCO TRUST II                           | CUSIP: 62947VAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $713705.65    | 0.03%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Town of Queen Creek AZ                                                           | QUEEN CREEK AZ COPS                                          | CUSIP: 74823NAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19940000 | PA      | $21120523.77  | 0.95%             | 2065-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of Florida Department of Housing & Residence Education Hsg Sys Rev    | FLORIDA ST BRD OF GOVERNORS UNIV OF FLORIDA DORM REVENUE     | CUSIP: 34157TEJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $711824.10    | 0.03%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D8S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4952433.04   | 0.22%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399RQ1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1309612.70   | 0.06%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332DG4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    810000 | PA      | $879125.81    | 0.04%             | 2043-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396FT4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $962132.75    | 0.04%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westside Community Development District                                          | WESTSIDE FL CDD SPL ASSMNT REVENUE                           | CUSIP: 96149TAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $251219.93    | 0.01%             | 2038-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261APW1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65811.67     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD REVENUE                                    | CUSIP: 88285AKD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4960000 | PA      | $4967042.70   | 0.22%             | 2055-10-15      | Fixed         | 4.75%                 | 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: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   6894708 | PA      | $7147739.20   | 0.32%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $542806.89    | 0.02%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $860246.70    | 0.04%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6137821.20   | 0.28%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2875308.43   | 0.13%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                 | CORPUS CHRISTI TX UTILITY SYSREVENUE                         | CUSIP: 220245Y73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3480508.08   | 0.16%             | 2053-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Southern Groves Community Development District No 5                              | SOUTHERN GROVE CMNTY DEV DIST #5  SPL ASSMNT                 | CUSIP: 843021AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $547426.74    | 0.02%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1248631.29   | 0.06%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437JR7<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1665003.83   | 0.07%             | 2050-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Cypress Bluff Community Development District                                     | CYPRESS BLUFF CDD FL SPL ASSMNT                              | CUSIP: 232677AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $948597.46    | 0.04%             | 2050-05-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                          | MEMPHIS-SHELBY CNTY TN ARPT AUTH ARPT REVENUE                | CUSIP: 586111PN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8775000 | PA      | $8855663.31   | 0.40%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10395000 | PA      | $10748064.10  | 0.48%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QC35<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6709207.05   | 0.30%             | 2049-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | CONROE TX INDEP SCH DIST                                     | CUSIP: 2084185M1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7445000 | PA      | $6842213.34   | 0.31%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998612.20   | 0.09%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus-Franklin County Finance Authority                                       | COLUMBUS-FRANKLIN CNTY OH FIN AUTH MF HSG REVENUE            | CUSIP: 19910XAL0<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2230869.83   | 0.10%             | 2043-11-01      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 534                                  | HARRIS CNTY TX MUNI UTILITY DIST #534                        | CUSIP: 41423SCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1773140.60   | 0.08%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B7L2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1341622.03   | 0.06%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2145832.21   | 0.10%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613ALS9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3744126.66   | 0.17%             | 2050-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Two Lakes Community Development District                                         | TWO LAKES CDD FL SPL ASSMNT                                  | CUSIP: 90207EAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1507692.03   | 0.07%             | 2055-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153FH7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1885071.77   | 0.08%             | 2041-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1413911.52   | 0.06%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                  | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493LY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1535366.73   | 0.07%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3720000 | PA      | $3776246.03   | 0.17%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250BM5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    280000 | PA      | $280064.62    | 0.01%             | 2053-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XPW5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500240.40    | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   6015000 | PA      | $6014840.00   | 0.27%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  12597022 | PA      | $13520566.84  | 0.61%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LW4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1803288.96   | 0.08%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7044999 | PA      | $7585520.49   | 0.34%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                               | NEW YORK CNTYS NY TOBACCO TRUST VI                           | CUSIP: 64945JAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6640000 | PA      | $5555673.39   | 0.25%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20563920.00  | 0.92%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                                | AUSTIN TX CMNTY CLG DIST                                     | CUSIP: 052403LB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11740000 | PA      | $12341099.74  | 0.55%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1946145.11   | 0.09%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RLU7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    745000 | PA      | $665776.77    | 0.03%             | 2054-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                              | CROWLEY TX INDEP SCH DIST                                    | CUSIP: 228130KJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5967015 | PA      | $6241626.05   | 0.28%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trout Creek Community Development District                                       | TROUT CREEK CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 897188AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $863573.55    | 0.04%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358W5U4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2477428.09   | 0.11%             | 2055-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $1918255.95   | 0.09%             | 2039-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1837431.44   | 0.08%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $3146804.57   | 0.14%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS  | CUSIP: 5465892B7<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073187.60   | 0.09%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7200000 | PA      | $7690806.00   | 0.35%             | 2060-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Westside Community Development District                                          | WESTSIDE FL CDD SPL ASSMNT REVENUE                           | CUSIP: 96149TAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $682836.75    | 0.03%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647NF4<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1232378.88   | 0.06%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                 | CUSIP: 574294CV4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1526648.86   | 0.07%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of East Baton Rouge Capital Improvements District                         | EAST BATON ROUGE PARISH LA CAPITAL IMPTS DIST MOVEBR SALES T | CUSIP: 270773BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1452529.49   | 0.07%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603B65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1215845.20   | 0.05%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4610000 | PA      | $4264258.30   | 0.19%             | 2053-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225BD7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $967718.87    | 0.04%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6010000 | PA      | $6188392.43   | 0.28%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RFP7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500754.00   | 0.11%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH THERMAL ENERGY SYSTEM UTILITY REVENUE    | CUSIP: 45471GAX7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    665000 | PA      | $704618.64    | 0.03%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275FK4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |  10380000 | PA      | $10766168.18  | 0.48%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7H6<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   5903864 | PA      | $5920916.83   | 0.27%             | 2054-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  14016819 | PA      | $14429792.12  | 0.65%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9436528 | PA      | $9800027.39   | 0.44%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TJK0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    610000 | PA      | $607378.28    | 0.03%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505SM9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    475000 | PA      | $475987.57    | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MKB6<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2686461.50   | 0.12%             | 2052-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GKN4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1530917.88   | 0.07%             | 2057-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   8210000 | PA      | $8649165.22   | 0.39%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3593280.58   | 0.16%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finley Woods Community Development District                                      | FINLEY WOODS CMNTY DEV DIST FL CAPITAL IMPT REVENUE          | CUSIP: 318023AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $383255.55    | 0.02%             | 2050-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Stevens Plantation Community Development District                                | STEVENS PLANTATION FL CDD SPL ASSMNT REVENUE                 | CUSIP: 860242AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5628865 | PA      | $3827628.07   | 0.17%             | 2035-05-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE            | CUSIP: 83703FLQ3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1272815.83   | 0.06%             | 2048-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hartnell Community College District/CA                                           | HARTNELL CA CMNTY CLG DIST                                   | CUSIP: 417123DM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1738559.79   | 0.08%             | 2034-08-01      | Floating      | 7.00%                 | 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        |    935000 | PA      | $941184.28    | 0.04%             | 2042-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBF5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3509667.35   | 0.16%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182TM8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3590527.13   | 0.16%             | 2045-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $372473.70    | 0.02%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167591BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2357513.78   | 0.11%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                         | DENVER CO CONVENTION CENTER HOTEL AUTH REVENUE               | CUSIP: 249189DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $830695.71    | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3229050.62   | 0.14%             | 2048-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SHK5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   7565000 | PA      | $7917787.72   | 0.36%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4630000 | PA      | $4835398.38   | 0.22%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    150000 | PA      | $139121.84    | 0.01%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TSA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2361818.03   | 0.11%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH                                        | CUSIP: 921626QH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4425000 | PA      | $4557032.27   | 0.20%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CHQ4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    685000 | PA      | $710888.21    | 0.03%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                     | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $611703.72    | 0.03%             | 2040-01-01      | Floating      | 3.32%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080UP4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    665000 | PA      | $517327.44    | 0.02%             | 2049-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8075000 | PA      | $8385891.54   | 0.38%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JMK1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4736398 | PA      | $4872831.43   | 0.22%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576MC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9063452 | PA      | $9468704.21   | 0.42%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                 | TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE             | CUSIP: 873816AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1367098.02   | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE | CUSIP: 566736EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1601245.01   | 0.07%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMF1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1284941.30   | 0.06%             | 2040-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JWM6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3880000 | PA      | $4075613.30   | 0.18%             | 2052-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                     | CUSIP: 59260XCS5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  10344056 | PA      | $10761836.57  | 0.48%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6490000 | PA      | $6543120.00   | 0.29%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4999801.19   | 0.22%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10045339.49  | 0.45%             | 2060-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE               | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1767270.78   | 0.08%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QWC6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    695000 | PA      | $697541.96    | 0.03%             | 2051-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MCH7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    895000 | PA      | $800784.07    | 0.04%             | 2062-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KPK5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2493656.99   | 0.11%             | 2056-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CHR2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1668363.55   | 0.07%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780MF79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1531795.81   | 0.07%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAN2<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    795000 | PA      | $346316.95    | 0.02%             | 2043-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL                                                           | TALLAHASSEE FL CAPITAL BONDS                                 | CUSIP: 874458MU3<br>LEI: 549300MPY4HDPK8B1G15 | Long             | DBT              | MUN               | US        |   7420000 | PA      | $7767085.34   | 0.35%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5645000 | PA      | $5787896.40   | 0.26%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GQL9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3883928.68   | 0.17%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FYX1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3716418.69   | 0.17%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8939000 | PA      | $8777662.67   | 0.39%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1353328.46   | 0.06%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WJN8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2537753.54   | 0.11%             | 2054-08-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447UBJ8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1982439.60   | 0.09%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CK8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3020000 | PA      | $632258.44    | 0.03%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7985000 | PA      | $7066576.48   | 0.32%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | TAMPA BAY FL WTR REGL WTR SPLY AUTH UTILITY SYS REVENUE      | CUSIP: 875124HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6671971 | PA      | $7089112.29   | 0.32%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                               | NEW YORK CNTYS NY TOBACCO TRUST VI                           | CUSIP: 64945JAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550328.35    | 0.02%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3940000 | PA      | $4159042.72   | 0.19%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224WR6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2528157.75   | 0.11%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3470581.36   | 0.16%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1991985.84   | 0.09%             | 2052-05-15      | Fixed         | 5.25%                 | 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: 64972GE75<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   9705000 | PA      | $10170720.63  | 0.46%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356EY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2930000 | PA      | $2687124.68   | 0.12%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647MC2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033924.10   | 0.05%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GKM6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1270157.13   | 0.06%             | 2052-05-01      | Fixed         | 5.50%                 | 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        |   3455000 | PA      | $3090195.19   | 0.14%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE              | CUSIP: 57422JBT4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    525000 | PA      | $541060.91    | 0.02%             | 2040-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637APW6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1658465.80   | 0.07%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5640000 | PA      | $5652354.42   | 0.25%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1020791.23   | 0.05%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDK0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    305000 | PA      | $261401.74    | 0.01%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XR2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1709964.18   | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $4258419.90   | 0.19%             | 2048-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WNV2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2332636.63   | 0.10%             | 2049-09-01      | Fixed         | 4.60%                 | 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        |   1329727 | PA      | $1297929.72   | 0.06%             | 2051-10-01      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1818708.57   | 0.08%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                         | HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE                 | CUSIP: 44237NMW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10498176.00  | 0.47%             | 2058-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Spring Lake Park MN                                                      | SPRING LAKE PARK MN CHRT SCH LEASE REVENUE                   | CUSIP: 849824AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1065709.76   | 0.05%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QTT3<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2545127.58   | 0.11%             | 2050-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tarrant County Hospital District                                                 | TARRANT CNTY TX HOSP DIST                                    | CUSIP: 876387FC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7980000 | PA      | $7390329.87   | 0.33%             | 2053-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589098C3<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    535000 | PA      | $593268.03    | 0.03%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TYA0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1554861.64   | 0.07%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WG2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $3609187.03   | 0.16%             | 2035-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136Y47<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400166.36    | 0.02%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE       | CUSIP: 882750XW7<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    540000 | PA      | $558471.67    | 0.03%             | 2054-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAJ1<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $545261.90    | 0.02%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392274X35<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |  13280000 | PA      | $13461477.84  | 0.60%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $810453.44    | 0.04%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252LX5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13027404.00  | 0.58%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gainesville & Hall County Hospital Authority                                     | GAINESVILLE & HALL CNTY GA HOSP AUTH                         | CUSIP: 362762QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1267980.36   | 0.06%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAQ5<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $441272.68    | 0.02%             | 2045-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5420000 | PA      | $5745108.40   | 0.26%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BDB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $122079.59    | 0.01%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593Y55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4405000 | PA      | $4180436.18   | 0.19%             | 2056-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   8126347 | PA      | $8574501.19   | 0.38%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                           | TERRELL TX INDEP SCH DIST                                    | CUSIP: 881405NZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7180000 | PA      | $7598955.15   | 0.34%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGC9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2184245.32   | 0.10%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1358414.03   | 0.06%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QY5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1131739.32   | 0.05%             | 2053-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7165000 | PA      | $7098392.01   | 0.32%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10540000 | PA      | $10246738.20  | 0.46%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HDR5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4536063.84   | 0.20%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No 12 North Clackamas                           | CLACKAMAS CNTY OR SCH DIST #12 NORTH CLACKAMAS               | CUSIP: 179093LA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $195926.45    | 0.01%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1025755.61   | 0.05%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12704997 | PA      | $13425656.79  | 0.60%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CE9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3188437.60   | 0.14%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2719642.35   | 0.12%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465PEJ3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |  12964173 | PA      | $13265403.57  | 0.60%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576KC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1349067.78   | 0.06%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XAW2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1116953.37   | 0.05%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1978622.59   | 0.09%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL29<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    475000 | PA      | $481301.35    | 0.02%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH HOSP REVENUE               | CUSIP: 69651ABM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2852906.55   | 0.13%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1490108.08   | 0.07%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH SENIOR LIVING FACS REVENUE         | CUSIP: 378287BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $141700.56    | 0.01%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q7Z4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3062605.56   | 0.14%             | 2049-09-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991822.80    | 0.04%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAP7<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    605000 | PA      | $249432.55    | 0.01%             | 2044-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647PD7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6218302 | PA      | $6330332.74   | 0.28%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY                                 | CUSIP: 57586NS51<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    645000 | PA      | $600289.50    | 0.03%             | 2047-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3496868.82   | 0.16%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151YZ6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    675000 | PA      | $686895.80    | 0.03%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVN3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   4670000 | PA      | $4691331.63   | 0.21%             | 2056-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                 | CUSIP: 34074NFT1<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2872550.94   | 0.13%             | 2056-01-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5642062.92   | 0.25%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YCZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19395000 | PA      | $20065017.73  | 0.90%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $697787.78    | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   9510000 | PA      | $10022165.81  | 0.45%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SNQ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    700000 | PA      | $698774.65    | 0.03%             | 2055-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    601000 | PA      | $594423.02    | 0.03%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                        | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040FW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1629679.31   | 0.07%             | 2043-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBD0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3490631.64   | 0.16%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153FK0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1176389.00   | 0.05%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP HGR EDU FAC REVENUE | CUSIP: 762197M32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1906188.05   | 0.09%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norwalk-La Mirada Unified School District                                        | NORWALK-LA MIRADA CA UNIF SCH DIST                           | CUSIP: 669096RW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $4869170.40   | 0.22%             | 2038-08-01      | None          | 0.00%                 | 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        |   5320000 | PA      | $5656593.74   | 0.25%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ABJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7785000 | PA      | $7853340.62   | 0.35%             | 2052-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3255000 | PA      | $3334127.75   | 0.15%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                | CUSIP: 490237AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2381277.70   | 0.11%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                    | HENRICO CNTY VA ECON DEV AUTH HLTH FACS REVENUE              | CUSIP: 42605XAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4145000 | PA      | $4225105.03   | 0.19%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $3131254.06   | 0.14%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VCA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    780000 | PA      | $691134.68    | 0.03%             | 2047-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJECT REVENUE  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2713704.70   | 0.12%             | 2052-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5950000 | PA      | $6062761.43   | 0.27%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7505000 | PA      | $8131028.07   | 0.36%             | 2049-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603L56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $1870194.25   | 0.08%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6720193 | PA      | $7073157.70   | 0.32%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6020000 | PA      | $6445089.06   | 0.29%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QTX1<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1992850.22   | 0.09%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GUW3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2137658.00   | 0.10%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                      | DIST OF COLUMBIA HSG FIN AGY MF TAX EXEMPT MTGE BACKED BONDS | CUSIP: 25477UAD6<br>LEI: 254900LDUO9JUAQY0P45 | Long             | DBT              | MUN               | US        |    720000 | PA      | $743402.38    | 0.03%             | 2045-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Multifamily Mortgage Bonds                                                       | San Antonio Housing Trust Public Facility Corp               | CUSIP: 79626WAB3<br>LEI: 549300QRKDYVNHT1OE86 | Long             | ABS-MBS          | CORP              | US        |    405000 | PA      | $403329.13    | 0.02%             | 2043-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $409296.89    | 0.02%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JEQ2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3280000 | PA      | $2863990.06   | 0.13%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   8435000 | PA      | $8856184.01   | 0.40%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TTU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4390000 | PA      | $4705556.71   | 0.21%             | 2055-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333PZ92<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3157498.66   | 0.14%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1414744.35   | 0.06%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AHZ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1648220.60   | 0.07%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    400000 | PA      | $323214.92    | 0.01%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YNB1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2571024.68   | 0.12%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | BEXAR CNTY TX                                                | CUSIP: 0882815P1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9840000 | PA      | $10235013.02  | 0.46%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBW9<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   3373312 | PA      | $3512550.40   | 0.16%             | 2063-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVF0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    790000 | PA      | $793056.43    | 0.04%             | 2056-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TLB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $368650.04    | 0.02%             | 2042-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority/The                                          | CAMDEN CNTY NJ IMPT AUTH SCH REVENUE                         | CUSIP: 13281PAD9<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512857.50    | 0.02%             | 2062-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Preserve at South Branch Community Development District                          | PRESERVE AT S BRANCH CDD FL SPL ASSMNT REVENUE               | CUSIP: 74082PAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $431800.60    | 0.02%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RKE0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2510000 | PA      | $2511367.45   | 0.11%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Del Valle Independent School District TX                                         | DEL VALLE TX INDEP SCH DIST                                  | CUSIP: 245505XT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1328664.29   | 0.06%             | 2047-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGC0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2907047.32   | 0.13%             | 2053-12-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10777411.51  | 0.48%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1448448.92   | 0.07%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731C61<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46103.79     | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                          | UNIV OF KANSAS KS HOSP AUTH HLTH FACS REVENUE                | CUSIP: 914367KC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $3007178.91   | 0.13%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAX6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1594718.34   | 0.07%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                      | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2674309.99   | 0.12%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5128283.73   | 0.23%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JJY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7745000 | PA      | $7294399.00   | 0.33%             | 2051-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7050000 | PA      | $6444656.69   | 0.29%             | 2051-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ABT1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3450872.43   | 0.15%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QTZ6<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1145222.12   | 0.05%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                               | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755DC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2661455.30   | 0.12%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DYA1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  11105000 | PA      | $11522760.11  | 0.52%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248BE7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  22775000 | PA      | $8358267.85   | 0.38%             | 2047-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EVQ6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10404955.00  | 0.47%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $448474.22    | 0.02%             | 2059-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TUV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1051770.70   | 0.05%             | 2055-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 717893C90<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2248714.50   | 0.10%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY MF HSG REVENUE                   | CUSIP: 708797BF1<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1824525.63   | 0.08%             | 2042-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1480108.98   | 0.07%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WXM3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   7695000 | PA      | $7758572.24   | 0.35%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2698953.57   | 0.12%             | 2030-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7645000 | PA      | $8088719.62   | 0.36%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Texas City Industrial Development Corp                                           | TEXAS CITY TX INDL DEV CORP INDL REVENUE                     | CUSIP: 882275AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $839023.56    | 0.04%             | 2045-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5130000 | PA      | $5274607.01   | 0.24%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4359551.04   | 0.20%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAF9<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    145000 | PA      | $93493.30     | 0.00%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CB5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2315354.20   | 0.10%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $2692359.21   | 0.12%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BPD4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4010000 | PA      | $4303564.88   | 0.19%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                  | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NDE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $294540.33    | 0.01%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WGS7<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1868429.71   | 0.08%             | 2047-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643BC3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  10170000 | PA      | $7483815.19   | 0.34%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  21170000 | PA      | $22238902.94  | 1.00%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA                                             | CUSIP: 25476FA57<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   8510000 | PA      | $8996126.94   | 0.40%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  71562386 | NS      | $71569542.50  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R5Q5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3133043.40   | 0.14%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615KN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1136417.56   | 0.05%             | 2052-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                              | LEANDER TX INDEP SCH DIST                                    | CUSIP: 521841S80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6001517.08   | 0.27%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031ZN6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2594680.78   | 0.12%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH MF                              | CUSIP: 48504RAA8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    890300 | PA      | $902300.74    | 0.04%             | 2042-09-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523A34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3267330.54   | 0.15%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637B8G8<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    175000 | PA      | $173146.00    | 0.01%             | 2049-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| City of Lenexa KS                                                                | LENEXA KS HLTH CARE FAC REVENUE                              | CUSIP: 526039CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400513.28    | 0.02%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WHD1<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   5030000 | PA      | $2703239.20   | 0.12%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                | CUSIP: 154871CU9<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   5240000 | PA      | $5483245.80   | 0.25%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGT4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   6747671 | PA      | $7197015.67   | 0.32%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FN43<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    965000 | PA      | $974337.34    | 0.04%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4510000 | PA      | $4664112.11   | 0.21%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAK8<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    500000 | PA      | $257092.30    | 0.01%             | 2040-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YFK2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2200513.18   | 0.10%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE              | CUSIP: 57422JBY3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1560840.86   | 0.07%             | 2047-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  10076334 | PA      | $10619000.35  | 0.48%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393BN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1212582.75   | 0.05%             | 2047-05-15      | 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: 60637AXK3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1288073.92   | 0.06%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GE83<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10726656.00  | 0.48%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI | CUSIP: 42934AAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $420738.60    | 0.02%             | 2043-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589096Q4<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    270000 | PA      | $268223.99    | 0.01%             | 2049-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5773233 | PA      | $5340250.70   | 0.24%             | 2053-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                     | RHODE ISLAND ST HSG & MTGE FIN CORP                          | CUSIP: 76221SBL4<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |  10233792 | PA      | $10113755.66  | 0.45%             | 2049-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207T88<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1855212.80   | 0.08%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389E20<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  10975000 | PA      | $11024587.25  | 0.49%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UYK8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502141.70   | 0.07%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178932Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2831356 | PA      | $3022520.56   | 0.14%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4325000 | PA      | $4467243.63   | 0.20%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CD1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2340439.73   | 0.11%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YCJ8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  10390000 | PA      | $9286521.76   | 0.42%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398LS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13925000 | PA      | $14298079.99  | 0.64%             | 2056-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Midland County Fresh Water Supply District No 1                                  | MIDLAND CNTY TX FRESH WTR SPLY DIST #1 REVENUE               | CUSIP: 597495BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10540000 | PA      | $6197356.63   | 0.28%             | 2037-09-15      | None          | 0.00%                 | 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        |   2290000 | PA      | $2254887.43   | 0.10%             | 2043-11-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYF6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    135000 | PA      | $136306.26    | 0.01%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GDE6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   6892320 | PA      | $6819300.69   | 0.31%             | 2049-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HHH3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7056341 | PA      | $7415471.57   | 0.33%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Pledged Excise Tax Revenue                            | DENVER CO CITY & CNTY DEDICATED TAX REVENUE                  | CUSIP: 24917DBV4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    915000 | PA      | $533116.79    | 0.02%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greenwood Independent School District                                            | GREENWOOD TX INDEP SCH DIST                                  | CUSIP: 397370KJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $2873368.61   | 0.13%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6701851 | PA      | $7021612.33   | 0.32%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEG9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3636669.61   | 0.16%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GPZ1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10156433.00  | 0.46%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WYA8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1837626.02   | 0.08%             | 2049-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14785871.85  | 0.66%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5620000 | PA      | $5938780.45   | 0.27%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYP4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2865000 | PA      | $3048081.52   | 0.14%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445CC1<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $8801127.28   | 0.40%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Cincinnati                                                         | UNIV OF CINCINNATI OH RECPTS                                 | CUSIP: 914119P48<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1422825.82   | 0.06%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  39635000 | PA      | $14127638.12  | 0.63%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                               | CUSIP: 414004MU2<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |  10915000 | PA      | $10180589.68  | 0.46%             | 2028-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJE4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    265000 | PA      | $273405.01    | 0.01%             | 2054-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CCK2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4075000 | PA      | $4644215.97   | 0.21%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136Y54<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1315653.03   | 0.06%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10376845 | PA      | $10111182.02  | 0.45%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528VFS3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1028197.37   | 0.05%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HDP9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   6930000 | PA      | $7198232.58   | 0.32%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                  | GALVESTON TX WHARVES & TERMINAL REVENUE                      | CUSIP: 364568KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105179.07    | 0.00%             | 2044-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622W34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2817509.40   | 0.13%             | 2053-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTR9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15682756.50  | 0.70%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1818229.91   | 0.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                            | CUSIP: 37353PPU7<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |  11882970 | PA      | $11779816.32  | 0.53%             | 2050-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990F6W9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6385000 | PA      | $5733261.98   | 0.26%             | 2054-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FVH4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3062238.00   | 0.14%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453D9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4425000 | PA      | $4716093.76   | 0.21%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QL57<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6560000 | PA      | $6866470.08   | 0.31%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAX5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1324927.66   | 0.06%             | 2039-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $181935.86    | 0.01%             | 2037-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                   | LOWER AL GAS DIST GAS PROJ REVENUE                           | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6709974.70   | 0.30%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2030569.70   | 0.09%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2214773.56   | 0.10%             | 2057-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| County of Berkeley SC                                                            | BERKELEY CNTY SC ASSMNT REVENUE                              | CUSIP: 084220AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $415096.48    | 0.02%             | 2049-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                           | TERRELL TX INDEP SCH DIST                                    | CUSIP: 881405NZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5740000 | PA      | $6074930.72   | 0.27%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alamo Heights Independent School District                                        | ALAMO HEIGHTS TX INDEP SCH DIST                              | CUSIP: 011338A67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3715000 | PA      | $3403261.72   | 0.15%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6920000 | PA      | $7295362.94   | 0.33%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794K76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4090000 | PA      | $4303011.29   | 0.19%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177PCF5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    350000 | PA      | $323309.49    | 0.01%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3115000 | PA      | $3201859.91   | 0.14%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $91556.82     | 0.00%             | 2046-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO HSG & FIN AUTH MF TAX-EXEMPT MTGE-BACKED SECURITIES | CUSIP: 19648WAD9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    315000 | PA      | $314440.62    | 0.01%             | 2044-03-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848XJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19650000 | PA      | $20041868.16  | 0.90%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES             | CUSIP: 49151FY87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $987717.24    | 0.04%             | 2042-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                          | TOBACCO SECURITIZATION AUTH STHRN CA TOBACCO SETTLEMENT REVE | CUSIP: 888804CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007078.40   | 0.05%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI Water Supply System Revenue                                   | DETROIT MI WTR SPLY SYS REVENUE                              | CUSIP: 251256CQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10026.90     | 0.00%             | 2036-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                               | CUSIP: 802170AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $604712.03    | 0.03%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2407096.94   | 0.11%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WSTWTR SYS REVENUE                | CUSIP: 71883PMN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8335000 | PA      | $8942839.04   | 0.40%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH HLTH CARE REVENUE              | CUSIP: 30382VAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7375000 | PA      | $6814696.91   | 0.31%             | 2054-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   9230000 | PA      | $9896088.49   | 0.44%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2797448.28   | 0.13%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XG69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2284658.50   | 0.10%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    205000 | PA      | $202915.48    | 0.01%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | MICHIGAN ST TRUNK LINE                                       | CUSIP: 5946954Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1212899.99   | 0.05%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KFX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5248065.00   | 0.24%             | 2052-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $424000.00    | 0.02%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592029DB5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   3235000 | PA      | $2908329.05   | 0.13%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                      | CUSIP: 71883MPB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5105926.00   | 0.23%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3723698.30   | 0.17%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  10260000 | PA      | $10560327.64  | 0.47%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10733142.49  | 0.48%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YED7<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   9280000 | PA      | $9912148.96   | 0.44%             | 2060-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BPB8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   7510000 | PA      | $8140459.24   | 0.37%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461367L9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1578217.76   | 0.07%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CNR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4810000 | PA      | $4967760.79   | 0.22%             | 2054-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CF6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2403217.45   | 0.11%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285AGC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4780000 | PA      | $4516448.49   | 0.20%             | 2059-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | HARRIS CNTY TX TOLL ROAD REVENUE                             | CUSIP: 41423PDY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4970000 | PA      | $4519080.35   | 0.20%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HEL2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1901547.27   | 0.09%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    945000 | PA      | $953541.48    | 0.04%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845QA1<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   6034999 | PA      | $6141385.05   | 0.28%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                           | CUSIP: 052477YT7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   5915000 | PA      | $6101796.29   | 0.27%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                  | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2731611.75   | 0.12%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $144000.00    | 0.01%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2486141.00   | 0.11%             | 2057-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353894D7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2697019.92   | 0.12%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYP4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  23000000 | PA      | $24469764.40  | 1.10%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Longview Independent School District                                             | LONGVIEW TX INDEP SCH DIST                                   | CUSIP: 543264ZJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3615000 | PA      | $3335159.24   | 0.15%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615FW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004147.70   | 0.05%             | 2046-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KGU1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10370000 | PA      | $10894654.60  | 0.49%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Osceola Chain Lakes Community Development District                               | OSCEOLA CHAIN LAKES CDD FL CAPITAL IMPT REVENUE              | CUSIP: 688017AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $884999.00    | 0.04%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593L75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1269357.45   | 0.06%             | 2053-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | HARRIS CNTY TX TOLL ROAD REVENUE                             | CUSIP: 41423PDZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7365000 | PA      | $6483505.25   | 0.29%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B5G5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  11355000 | PA      | $11543478.24  | 0.52%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $322127.49    | 0.01%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479GJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    550000 | PA      | $476051.90    | 0.02%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                               | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755DM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1211491.25   | 0.05%             | 2043-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUK7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3988691 | PA      | $4179462.05   | 0.19%             | 2046-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                     | RHODE ISLAND ST HSG & MTGE FIN CORP                          | CUSIP: 76221SBK6<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1554487.25   | 0.07%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| City of Martinsburg WV                                                           | MARTINSBURG WV MF HSG REVENUE                                | CUSIP: 573612AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $567502.94    | 0.03%             | 2043-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EAS4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    220000 | PA      | $187623.85    | 0.01%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9240000 | PA      | $9784472.54   | 0.44%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736V38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3363456.47   | 0.15%             | 2062-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                       | LANCASTER PA INDL DEV AUTH                                   | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $676114.70    | 0.03%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332ED0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   3560000 | PA      | $3780047.16   | 0.17%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KEV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1008005.10   | 0.05%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R4D5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10377812.51  | 0.47%             | 2051-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5110000 | PA      | $4699794.75   | 0.21%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYN9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  10320000 | PA      | $10787928.41  | 0.48%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAL6<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $969107.40    | 0.04%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12560000 | PA      | $12584175.49  | 0.56%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10065000 | PA      | $10228102.32  | 0.46%             | 2056-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                    | HENRICO CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE          | CUSIP: 42605QHM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4580000 | PA      | $4596429.83   | 0.21%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                               | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2789163.60   | 0.13%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp                                           | ERIE CNTY NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTL | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3585000 | PA      | $2913990.53   | 0.13%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DE KALB CNTY GA WTR & SWR REVENUE                            | CUSIP: 240523F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11405000 | PA      | $11844325.43  | 0.53%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1113889.78   | 0.05%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4725000 | PA      | $4753728.47   | 0.21%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKQ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    400000 | PA      | $368905.12    | 0.02%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582TCS9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3497865.33   | 0.16%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 814                         | LAS VEGAS NV SPL IMPT DIST #814                              | CUSIP: 51778UAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $115295.33    | 0.01%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | Michigan State Housing Development Authority                 | CUSIP: 59465M4M4<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2338383 | PA      | $2096957.07   | 0.09%             | 2048-10-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HWK7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    875000 | PA      | $893327.49    | 0.04%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KMG7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   7180000 | PA      | $7257028.48   | 0.33%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | PORT HOUSTON TX AUTH                                         | CUSIP: 734262GW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1410409.69   | 0.06%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783VW3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3065000 | PA      | $2936239.96   | 0.13%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2456978.35   | 0.11%             | 2055-03-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                             | N TX MUNI WTR DIST REGL WSTWTR SYS CONTRACT REVENUE          | CUSIP: 66283ALD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16613256 | PA      | $17206628.95  | 0.77%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RCZ4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3062415.54   | 0.14%             | 2062-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153RJ0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  10495000 | PA      | $10973949.82  | 0.49%             | 2051-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2855326.10   | 0.13%             | 2043-01-28      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                             | BROWARD CNTY FL TOURIST DEV TAX REVENUE                      | CUSIP: 115085AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1492176.19   | 0.07%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845TK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3145000 | PA      | $3326152.00   | 0.15%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AHP5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10010.50     | 0.00%             | 2056-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BL33<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3149154.49   | 0.14%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QSN7<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1184267.24   | 0.05%             | 2043-09-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ABA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $719323.34    | 0.03%             | 2036-10-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KFB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1266196.37   | 0.06%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GDE6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   6336247 | PA      | $6269087.72   | 0.28%             | 2049-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3341065.26   | 0.15%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505715.25    | 0.02%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                 | CUSIP: 574294CV4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   6014425 | PA      | $6203997.18   | 0.28%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | HARRIS CNTY-HOUSTON TX SPORTS AUTH REVENUE                   | CUSIP: 413890BA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10690000 | PA      | $4551652.34   | 0.20%             | 2041-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X4F2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5231986.00   | 0.23%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | MICHIGAN ST HOSP FIN AUTH                                    | CUSIP: 59465HTY2<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10115094.00  | 0.45%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                           | CUSIP: 199546DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6175000 | PA      | $6468342.76   | 0.29%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5165000 | PA      | $5433163.18   | 0.24%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CFG9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    655000 | PA      | $587747.09    | 0.03%             | 2057-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | Wisconsin Housing & Economic Development Authority           | CUSIP: 976904Q54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4840410.64   | 0.22%             | 2057-05-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $561962.18    | 0.03%             | 2048-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | GAINESVILLE FL UTILITIES SYS REVENUE                         | CUSIP: 362848VJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21489.31     | 0.00%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332DF6<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    470000 | PA      | $512304.18    | 0.02%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | NORTHWEST TX INDEP SCH DIST                                  | CUSIP: 667826HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6405000 | PA      | $6726588.65   | 0.30%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant Regional Water District                                                  | TARRANT TX REGL WTR DIST WTR TRANSMISSION FACS CONTRACT REV  | CUSIP: 876448JK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4390838.88   | 0.20%             | 2055-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966Q6M7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2364003.15   | 0.11%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7415000 | PA      | $7027022.73   | 0.32%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WGT5<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    505000 | PA      | $516488.30    | 0.02%             | 2052-11-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576NB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9875000 | PA      | $10403150.55  | 0.47%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGT4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4693007.00   | 0.21%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15102019 | PA      | $15448915.93  | 0.69%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3744360.56   | 0.17%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pittsburgh School District                                                       | PITTSBURGH PA SCH DIST                                       | CUSIP: 725277RJ8<br>LEI: 549300DCE2NGMJO6P377 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $991462.30    | 0.04%             | 2041-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                         | WASHINGTON TWP CA HLTH CARE DIST                             | CUSIP: 940642CF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2708770.55   | 0.12%             | 2040-08-01      | Fixed         | 5.50%                 | 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: 64972GXD1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10312972.00  | 0.46%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5020000 | PA      | $5259516.25   | 0.24%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883A77<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    400000 | PA      | $424782.96    | 0.02%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1805250.92   | 0.08%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1643915.64   | 0.07%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EJ49<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10449111.51  | 0.47%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582077N9<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1444899.14   | 0.06%             | 2050-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MUH2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1671780.88   | 0.08%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1561467.15   | 0.07%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Power County Industrial Development Corp                                         | PWR CNTY ID INDL DEV CORP SOL WST DISP REVENUE               | CUSIP: 739247AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006967.60   | 0.09%             | 2032-08-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4720000 | PA      | $4574147.75   | 0.21%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TC76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $730830.08    | 0.03%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3912233.85   | 0.18%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4435000 | PA      | $4676461.80   | 0.21%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGB1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5945000 | PA      | $6358845.12   | 0.29%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514W6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3186967.28   | 0.14%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Chapel Hill                                      | UNIV OF NORTH CAROLINA AT CHAPEL HILL NC HOSP REVENUE        | CUSIP: 914714CZ1<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |    460000 | PA      | $499699.89    | 0.02%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RHT5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5338681 | PA      | $5637408.61   | 0.25%             | 2057-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    395000 | PA      | $372932.26    | 0.02%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3915000 | PA      | $1957500.00   | 0.09%             | 2062-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1226358.39   | 0.06%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R2C9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1256645.74   | 0.06%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178932X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1424509.08   | 0.06%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XHE5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   8640000 | PA      | $8926231.97   | 0.40%             | 2047-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XK7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3254978.24   | 0.15%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE              | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |  17135000 | PA      | $18368428.71  | 0.82%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                        | CUSIP: 13050WAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1329034 | PA      | $1238740.54   | 0.06%             | 2041-02-20      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5990000 | PA      | $6122813.28   | 0.27%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356EX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2187301.15   | 0.10%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5066847.00   | 0.23%             | 2051-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EAT2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    190000 | PA      | $158119.56    | 0.01%             | 2056-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MSV0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    985000 | PA      | $876271.07    | 0.04%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UFB9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    340000 | PA      | $332696.26    | 0.01%             | 2040-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5075000 | PA      | $5178072.24   | 0.23%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAE2<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    270000 | PA      | $183448.40    | 0.01%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10777414.00  | 0.48%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358W4B7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    380000 | PA      | $345237.94    | 0.02%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812U6J2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    465000 | PA      | $467060.97    | 0.02%             | 2044-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $546131.44    | 0.02%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248BB3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  12445000 | PA      | $5606768.69   | 0.25%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P4B1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3593350.10   | 0.16%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                               | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835P45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7630000 | PA      | $7440150.34   | 0.33%             | 2050-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111F25<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |    970000 | PA      | $928102.11    | 0.04%             | 2055-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843WQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1590415.86   | 0.07%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HF75<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   4365000 | PA      | $4593366.76   | 0.21%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Melbourne FL Water & Sewer Revenue                                       | MELBOURNE FL WTR & SWR REVENUE                               | CUSIP: 5853953N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6910000 | PA      | $7168903.88   | 0.32%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YDR7<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1277462.10   | 0.06%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HAB3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  12684998 | PA      | $13026927.74  | 0.58%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1153815.90   | 0.05%             | 2050-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647NG2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  11620000 | PA      | $12166065.63  | 0.55%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AXL1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  17125000 | PA      | $16140576.23  | 0.72%             | 2055-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH REVENUE                                 | CUSIP: 64989KLF1<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1038776.52   | 0.05%             | 2055-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CC3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   8100000 | PA      | $8617999.86   | 0.39%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE               | CUSIP: 717901CA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2749121.70   | 0.12%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSY3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110315.59    | 0.00%             | 2054-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE              | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |  13885000 | PA      | $14715514.61  | 0.66%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                              | CUSIP: 451295H77<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2178388.32   | 0.10%             | 2053-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080YX3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1540387.56   | 0.07%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   6435000 | PA      | $6772585.25   | 0.30%             | 2049-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUM3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   9495644 | PA      | $10272076.76  | 0.46%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Coppell Independent School District                                              | COPPELL TX INDEP SCH DIST                                    | CUSIP: 217489VN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10030000 | PA      | $8730912.39   | 0.39%             | 2030-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797355M84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1301573.00   | 0.06%             | 2038-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                              | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436003S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2593337.32   | 0.12%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1691397.18   | 0.08%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505A63<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3770000 | PA      | $4021124.60   | 0.18%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11628081 | PA      | $12287654.56  | 0.55%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST DEPT OF TRANSPRTN ARPTS DIV LEASE REVENUE COPS     | CUSIP: 419808AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2480131.17   | 0.11%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041YP6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |    675000 | PA      | $553840.88    | 0.02%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10560981.00  | 0.47%             | 2054-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B7J7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063368.10   | 0.05%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153KB4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1445184.96   | 0.06%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Osceola Chain Lakes Community Development District                               | OSCEOLA CHAIN LAKES CDD FL CAPITAL IMPT REVENUE              | CUSIP: 688017AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $749721.87    | 0.03%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTG3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3152371.00   | 0.14%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GVJ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   8955000 | PA      | $8120787.12   | 0.36%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners                                          | PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE    | CUSIP: 734782DT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2488123.47   | 0.11%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5455000 | PA      | $5861074.56   | 0.26%             | 2053-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153PD5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    755000 | PA      | $794877.21    | 0.04%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1253770.13   | 0.06%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** BlackRock MuniHoldings Fund, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer