# EDGAR Filing Document

**Accession Number:** 0000063075
**File Stem:** 0001752724-25-158187
**Filing Date:** 2025-6
**Character Count:** 560408
**Document Hash:** a812d6a9018842216a0881a7a4f19da4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-158187.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-158187

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST IX
- **CENTRAL INDEX KEY:** 0000063075

**ORGANIZATION NAME:**
- **EIN:** 042535629
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02464
- **FILM NUMBER:** 251077298

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST IX /MA/
- **DATE OF NAME CHANGE:** 19951218

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST IX
- **DATE OF NAME CHANGE:** 19950207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS BOND FUND
- **DATE OF NAME CHANGE:** 19930408

## Series and Classes Contracts Data

### MFS Municipal Limited Maturity Fund (Series ID: S000002496)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006757 | A            | MTLFX           |
| C000006758 | B            | MTLBX           |
| C000006759 | C            | MTLCX           |
| C000092113 | I            | MTLIX           |
| C000195152 | R6           | MTLRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS Series Trust IX

- **b. Investment Company Act file number:** 811-02464

- **c. CIK number of Registrant:** 0000063075

- **d. LEI of Registrant:** 549300IJONSVWD5I9F62

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

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS Municipal Limited Maturity Fund

- **b. EDGAR series identifier (if any):** S000002496

- **c. LEI of Series:** SQTUQH9YHVBM75PSCE54

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

- **a. Date of fiscal year-end:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**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:** $2653087729.58

**Total Liabilities:** $24552854.11

**Net Assets:** $2628534875.47

**Delayed Delivery Securities:** $16720025.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -10874.11832460 | **1-Year:** -137522.71283220 | **5-Year:** -361510.71350260 | **10-Year:** -275340.89312230 | **30-Year:** -24157.95878050

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

- **3-Month:** -1033.03729250 | **1-Year:** -13379.50988490 | **5-Year:** -35957.77314200 | **10-Year:** -43832.71404790 | **30-Year:** -3692.24419590

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006757 | 0.74%                | -0.49%               | -0.38%               |
| Class ID C000092113 | 0.75%                | -0.48%               | -0.24%               |
| Class ID C000006759 | 0.67%                | -0.56%               | -0.32%               |
| Class ID C000195152 | 0.76%                | -0.60%               | -0.23%               |
| Class ID C000006758 | 0.68%                | -0.56%               | -0.31%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1113205.11             | $14003085.95                               |
| Month 2  | $-623665.07              | $-20632548.80                              |
| Month 3  | $-1140849.23             | $-12761961.94                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSF3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    955000 | PA      | $994493.55    | 0.04%             | 2032-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                          | Mississippi Development Bank                                                                 | CUSIP: 60534XBZ8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    280000 | PA      | $279757.04    | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority                                                | CUSIP: 246387SU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5985000 | PA      | $5947371.71   | 0.23%             | 2031-01-01      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577XDU7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1118287.98   | 0.04%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMF8<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1477201.28   | 0.06%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311746.38    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University                                                            | CUSIP: 66433RAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $124158.65    | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                                 | Connecticut Housing Finance Authority, Series 2024 E SUB E3                                  | CUSIP: 20775HZ97<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1297176.14   | 0.05%             | 2066-11-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DM1<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    900000 | PA      | $945430.02    | 0.04%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority PA                               | Westmoreland County Industrial Development Authority                                         | CUSIP: 961008RR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $148307.22    | 0.01%             | 2026-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2024B                                                                | CUSIP: 442349HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7120000 | PA      | $7266771.68   | 0.28%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2470219.32   | 0.09%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63609YAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5775000 | PA      | $5744110.10   | 0.22%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210200.88    | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp.                                                   | Maryland Economic Development Corp.                                                          | CUSIP: 57420VNY5<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600220.16   | 0.06%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577B4B7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000743.10   | 0.04%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $820682.12    | 0.03%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YRQ4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    600000 | PA      | $608399.88    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                             | Florida Higher Educational Facilities Financial Authority                                    | CUSIP: 34073TMS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $491278.18    | 0.02%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                                   | Puerto Rico Commonwealth Aqueduct & Sewer Authority                                          | CUSIP: 745160TM3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    315000 | PA      | $315507.34    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp.                                               | Maricopa County Pollution Control Corp.                                                      | CUSIP: 566854EL5<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |    455000 | PA      | $434251.32    | 0.02%             | 2043-06-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    225000 | PA      | $236676.98    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610AW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305672.13    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167501XD2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4435000 | PA      | $3814404.68   | 0.15%             | 2028-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5377670.50   | 0.20%             | 2032-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No. 15                                         | Village Community Development District No. 15, Series 2024                                   | CUSIP: 92708KAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $739622.18    | 0.03%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2024 C                                                | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5665000 | PA      | $5918921.73   | 0.23%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lackawanna PA                                                               | County of Lackawanna                                                                         | CUSIP: 505480X24<br>LEI: 549300FAS2IVO11LYX32 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1382805.00   | 0.05%             | 2035-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Student Loan Corp.                                                     | South Carolina Student Loan Corp.                                                            | CUSIP: 83715AAS8<br>LEI: 549300PIO3ZMSROGFF38 | Long             | DBT              | MUN               | US        |   6850000 | PA      | $6759201.20   | 0.26%             | 2025-12-01      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VK4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    415000 | PA      | $418351.58    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMG5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1115092.08   | 0.04%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550LU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126274.76    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson                                                                          | CUSIP: 472682YU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1509111.30   | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                           | CUSIP: 392275AT0<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1425538.40   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2025A                                             | CUSIP: 01728LKH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3169987.80   | 0.12%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PD6<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518320.05    | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74444VBK5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    325000 | PA      | $321333.45    | 0.01%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp.                                                           | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  18380000 | PA      | $18386581.88  | 0.70%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CET1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    290000 | PA      | $301638.28    | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1816336.84   | 0.07%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    600000 | PA      | $618499.44    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452017AG1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    235000 | PA      | $247303.33    | 0.01%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3052336.50   | 0.12%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Housing Finance Corp.                                                  | Tarrant County Housing Finance Corp.                                                         | CUSIP: 876394UP0<br>LEI: 54930055IA4O4ZTEN156 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7009438.80   | 0.27%             | 2043-02-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Lancaster Higher Education Authority                                                  | Lancaster Higher Education Authority, Series 2021                                            | CUSIP: 514328HM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $633600.51    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200389.26    | 0.01%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1350939.47   | 0.05%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AF4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517147.45    | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $439846.18    | 0.02%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2025A                          | CUSIP: 70870JGX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11485000 | PA      | $12283968.96  | 0.47%             | 2060-03-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Decatur Housing Authority                                                             | Decatur Housing Authority, Series 2025                                                       | CUSIP: 24311PAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2724000 | PA      | $2734372.72   | 0.10%             | 2028-08-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                                  | Minnesota Office of Higher Education                                                         | CUSIP: 60416MBR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $717407.04    | 0.03%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                                 | Connecticut Housing Finance Authority, Series 2023 C SUB C-2                                 | CUSIP: 20775HD83<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5504133.25   | 0.21%             | 2066-05-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                     | CUSIP: 592248AY4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2289368.42   | 0.09%             | 2026-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066954.00   | 0.08%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Carroll KY                                                                  | County of Carroll                                                                            | CUSIP: 14483RAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9912949.00   | 0.38%             | 2026-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                                  | Babcock Ranch Community Independent Special District, Series 2024                            | CUSIP: 05616KBT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $729455.16    | 0.03%             | 2031-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency, Series 2024                                     | CUSIP: 25477TAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4673000 | PA      | $4856424.60   | 0.18%             | 2028-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                       | Transbay Joint Powers Authority                                                              | CUSIP: 89356CAE6<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033287.70   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hazleton Area School District                                                         | Hazleton Area School District                                                                | CUSIP: 422002QR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954547.40    | 0.04%             | 2027-03-01      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Series 2024                                     | CUSIP: 593344BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1748610.33   | 0.07%             | 2041-04-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSS4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    430000 | PA      | $422961.76    | 0.02%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $174840.24    | 0.01%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XMH1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2474305.28   | 0.09%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TH89<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    114105 | PA      | $113015.73    | 0.00%             | 2030-06-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| Madison County Community Unit School District No. 7 Edwardsville                      | Madison County Community Unit School District No. 7 Edwardsville                             | CUSIP: 557021JP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $453504.65    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK52<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3093111.00   | 0.12%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $366410.48    | 0.01%             | 2026-04-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PNG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1586822.40   | 0.06%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2093396.60   | 0.08%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                     | Antonio B Won Pat International Airport Authority                                            | CUSIP: 40064REE5<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    840000 | PA      | $812433.72    | 0.03%             | 2027-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2025 A                                        | CUSIP: 92812WVW1<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    525000 | PA      | $514820.57    | 0.02%             | 2029-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc. NY                                                                        | TSASC, Inc.                                                                                  | CUSIP: 898526ET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000375.30   | 0.04%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2429845.30   | 0.09%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568HZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $1011012.74   | 0.04%             | 2029-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority, Inc.                                          | North Texas Higher Education Authority, Inc., Series 2024-1A                                 | CUSIP: 66286UAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1972469.99   | 0.08%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren MS                                                                   | County of Warren, Gulf Opportunity Zone, International Paper Co. Project                     | CUSIP: 935031AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3486327.25   | 0.13%             | 2034-05-01      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                      | Tulsa Airports Improvement Trust                                                             | CUSIP: 899647SZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $440008.54    | 0.02%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saginaw Hospital Finance Authority                                                    | Saginaw Hospital Finance Authority                                                           | CUSIP: 786744HV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526133.85    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNF7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    700000 | PA      | $738011.54    | 0.03%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413323.44    | 0.02%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088277.40   | 0.08%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Series 2016C                                                               | CUSIP: 940865BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $863204.45    | 0.03%             | 2036-03-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                           | Oklahoma Turnpike Authority, Series 2025B                                                    | CUSIP: 679111F41<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2258877.79   | 0.09%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $777245.23    | 0.03%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey, Series 246                                          | CUSIP: 73358XNK4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10650020.00  | 0.41%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45470EAF2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    270000 | PA      | $273296.27    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No. 287                                      | Harris County Municipal Utility District No. 287                                             | CUSIP: 41422LKN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $519541.35    | 0.02%             | 2026-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2748723.39   | 0.10%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAF1<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538699.40   | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPW3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    780000 | PA      | $794142.26    | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2024                                              | CUSIP: 392275EU3<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3217976.10   | 0.12%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAG9<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1489007.03   | 0.06%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2327766.11   | 0.09%             | 2030-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio                                              | MFS Institutional Money Market Portfolio, Class A                                            | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |  43239154 | NS      | $43239154.30  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1718862.50   | 0.07%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                                  | City of Baltimore                                                                            | CUSIP: 05921PBW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008287.60   | 0.04%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEM6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    140000 | PA      | $142291.41    | 0.01%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550ME8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $245706.10    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                     | CUSIP: 592247J27<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1196137.43   | 0.05%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024A                                              | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3390567.38   | 0.13%             | 2054-10-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                  | Tennessee Housing Development Agency                                                         | CUSIP: 8804617C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1353162.11   | 0.05%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority, Inc.                                          | North Texas Higher Education Authority, Inc., Series 2024-1A                                 | CUSIP: 66286UAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $567075.80    | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Shore Area Authority                                                             | West Shore Area Authority                                                                    | CUSIP: 95581QAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $559443.19    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Higher Education Authority                                                  | Lancaster Higher Education Authority, Series 2021                                            | CUSIP: 514328HT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502205.80    | 0.02%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                                  | Virginia Beach Development Authority, Series 2023B-3                                         | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10250000 | PA      | $10315895.20  | 0.39%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                      | CUSIP: 613603ZZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1425104.82   | 0.05%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCC0<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    820000 | PA      | $833742.54    | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                             | Florida Higher Educational Facilities Financial Authority                                    | CUSIP: 34073TMT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1546115.40   | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSQ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    495000 | PA      | $490934.71    | 0.02%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2024D                                                  | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8635000 | PA      | $9068536.58   | 0.35%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2024B                                                                | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $672407.63    | 0.03%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286KS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $733781.30    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AK3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    425000 | PA      | $439412.01    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission                                                       | CUSIP: 65821DXL0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    600000 | PA      | $597484.74    | 0.02%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DH2<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1506761.77   | 0.06%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Urban Residential Finance Authority                                           | Atlanta Urban Residential Finance Authority, Series 2025                                     | CUSIP: 04785VBX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2213000 | PA      | $2209897.15   | 0.08%             | 2029-02-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine                                                                   | CUSIP: 56042TCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $364574.45    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2023 B                                             | CUSIP: 462590NW6<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2182296.27   | 0.08%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YN47<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3455000 | PA      | $3426742.59   | 0.13%             | 2041-07-01      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima (The)                          | Industrial Development Authority of the County of Pima (The)                                 | CUSIP: 72178AAM4<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2691308.95   | 0.10%             | 2029-11-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $845757.23    | 0.03%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2024C                              | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5465000 | PA      | $5730467.84   | 0.22%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254640.20    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                | Illinois Housing Development Authority                                                       | CUSIP: 45203LDY6<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   6175000 | PA      | $6177171.13   | 0.24%             | 2026-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                       | CUSIP: 13080SSG0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2390667.13   | 0.09%             | 2027-11-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                           | Ohio Higher Educational Facility Commission                                                  | CUSIP: 67756DD45<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    555000 | PA      | $562336.82    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XL66<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027999.60   | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $297222.45    | 0.01%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UA2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2515659.75   | 0.10%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $185975.08    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THF Public Facility Corp.                                                             | THF Public Facility Corp.                                                                    | CUSIP: 883720AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4991749.50   | 0.19%             | 2040-03-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                         | CUSIP: 19645RKC4<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    930000 | PA      | $931499.16    | 0.04%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6130000 | PA      | $6012864.28   | 0.23%             | 2051-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CG2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1201875.35   | 0.05%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972E3D9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   6940000 | PA      | $6907486.10   | 0.26%             | 2062-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FRL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    530000 | PA      | $535410.66    | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority, Series 2025 C                                             | CUSIP: 451295H69<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   5450000 | PA      | $5920896.35   | 0.23%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                                  | City of Henderson                                                                            | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2215172.56   | 0.08%             | 2032-01-01      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority                                                 | CUSIP: 594650UD3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   7735000 | PA      | $7807956.52   | 0.30%             | 2042-12-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046188.50   | 0.04%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Clayton NM                                                                    | Town of Clayton                                                                              | CUSIP: 184346BR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008405.60   | 0.04%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RTD1<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   2995000 | PA      | $2843573.10   | 0.11%             | 2038-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017445.50   | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority, Series A                                                  | CUSIP: 68607MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7850000 | PA      | $7914991.72   | 0.30%             | 2035-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                             | Irving Hospital Authority                                                                    | CUSIP: 463794JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502083.25    | 0.02%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DK5<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049527.70   | 0.04%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $541555.48    | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $356839.36    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $851460.73    | 0.03%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2119916.60   | 0.08%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                                | Patriots Energy Group Financing Agency, Series 2023 SUB B-1                                  | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $9232601.82   | 0.35%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155047.25    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                             | Chandler Industrial Development Authority                                                    | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18845000 | PA      | $19139049.84  | 0.73%             | 2052-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCB2<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    680000 | PA      | $687494.14    | 0.03%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                              | County of Miami-Dade, Series 2024 A                                                          | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19000000 | PA      | $20242050.90  | 0.77%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                                | County of Clark Department of Aviation                                                       | CUSIP: 18085PSZ8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1571386.13   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Development Authority                                                   | DeKalb County Development Authority, Series 2024A                                            | CUSIP: 240463JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $474536.50    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397CA0<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    725000 | PA      | $739676.97    | 0.03%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                               | Lehigh County General Purpose Authority, Series 2024                                         | CUSIP: 52480RFZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $892713.20    | 0.03%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505VT0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10281067.00  | 0.39%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                              | Texas Transportation Commission State Highway 249 System                                     | CUSIP: 88283NAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $118958.65    | 0.00%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PE4<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    615000 | PA      | $637213.00    | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550MF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $227835.01    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                           | Connecticut State Health & Educational Facilities Authority                                  | CUSIP: 20774YV79<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2887461.00   | 0.11%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2024B-1                                       | CUSIP: 65820YSZ0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    285000 | PA      | $283690.05    | 0.01%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                                  | County of Trimble, Series 2023 A                                                             | CUSIP: 896221AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6075000 | PA      | $6114235.39   | 0.23%             | 2054-06-01      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport                 | CUSIP: 79766DNE5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2254612.94   | 0.09%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County (The)                                          | Development Authority of Monroe County (The)                                                 | CUSIP: 610530FE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8924146.20   | 0.34%             | 2039-01-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2023 F                               | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7440000 | PA      | $7964192.64   | 0.30%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 A                                        | CUSIP: 65821DXY2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245992.52    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012U8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1727004.35   | 0.07%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264623.93    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2020B                                         | CUSIP: 13048RAN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000307.50   | 0.04%             | 2041-11-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1244000 | PA      | $1299868.41   | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                     | Upper Illinois River Valley Development Authority                                            | CUSIP: 91588TBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $933197.70    | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wise County Industrial Development Authority                                          | Wise County Industrial Development Authority                                                 | CUSIP: 977228AE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2659561.02   | 0.10%             | 2040-10-01      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                     | Tulsa County Industrial Authority                                                            | CUSIP: 899530AQ2<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501181.15    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klickitat County Public Utility District No. 1                                        | Klickitat County Public Utility District No. 1, Series 2025                                  | CUSIP: 498622LG2<br>LEI: 549300D4CB0RTDWA5V46 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1479231.32   | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority                                                  | CUSIP: 79739GND4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $2995290.60   | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chatom Industrial Development Board                                                   | Chatom Industrial Development Board                                                          | CUSIP: 16229PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $852160.70    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson                                                                          | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1536079.05   | 0.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3052959.30   | 0.12%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency                                                        | CUSIP: 658207N50<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2265195.95   | 0.09%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                             | Irving Hospital Authority                                                                    | CUSIP: 463794JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $354430.27    | 0.01%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648MNN5<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    830000 | PA      | $829929.28    | 0.03%             | 2025-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1284134.00   | 0.05%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $735698.81    | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152037.71    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                        | CUSIP: 717883UT7<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    635000 | PA      | $650290.10    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                  | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |  14750000 | PA      | $15331630.85  | 0.58%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., Series 2016 A                                                | CUSIP: 650035U97<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10127171.00  | 0.39%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2023A                                         | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10014222.00  | 0.38%             | 2053-09-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2025 A                                        | CUSIP: 92812WVX9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1711213.00   | 0.07%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1146559.28   | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                                 | Duluth Economic Development Authority                                                        | CUSIP: 26444VAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $229507.30    | 0.01%             | 2026-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority                                                | CUSIP: 246387RQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $108242.13    | 0.00%             | 2026-09-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                             | Florida Higher Educational Facilities Financial Authority                                    | CUSIP: 34073TMV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2057018.42   | 0.08%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2024-1A                                      | CUSIP: 10623ACR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6065000 | PA      | $6301584.13   | 0.24%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Series 2016B                                                               | CUSIP: 940797AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995683.20    | 0.04%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BMX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145262.71    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                              | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  15340000 | PA      | $12917137.51  | 0.49%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $359332.33    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                                  | Pennsylvania Higher Educational Facilities Authority                                         | CUSIP: 70917TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350000.00    | 0.01%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey, Series 246                                          | CUSIP: 73358XNH1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5213582.00   | 0.20%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $369330.70    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deerfield Community School District                                                   | Deerfield Community School District                                                          | CUSIP: 244599EE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14646883.55  | 0.56%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lorain OH                                                                     | City of Lorain                                                                               | CUSIP: 5436895U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $817798.06    | 0.03%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Lawrence County Industrial Development Agency                                      | St Lawrence County Industrial Development Agency                                             | CUSIP: 791078DR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $108873.38    | 0.00%             | 2025-09-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885FDM6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    270000 | PA      | $269517.05    | 0.01%             | 2025-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMZ4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1642927.52   | 0.06%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark Housing Authority                                                              | Newark Housing Authority                                                                     | CUSIP: 65038HAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1768700.29   | 0.07%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Watertown WI                                                                  | City of Watertown                                                                            | CUSIP: 942214E52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1150011.27   | 0.04%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498286.45    | 0.02%             | 2025-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Poughkeepsie NY                                                               | City of Poughkeepsie                                                                         | CUSIP: 7386295S9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235089.56    | 0.01%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1303756.88   | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax                                 | CUSIP: 167510AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1447659.68   | 0.06%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                          | CUSIP: 13058TLB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30096.88     | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Capital Area Finance Authority                                                        | Capital Area Finance Authority, Series 2023                                                  | CUSIP: 13973GBJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4872160.06   | 0.19%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                          | Northampton County General Purpose Authority, Series 2024A-2                                 | CUSIP: 66353RDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10450000 | PA      | $11295342.30  | 0.43%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                       | CUSIP: 13078RGS3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1316087.76   | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                          | CUSIP: 13058TLC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25080.73     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Temple TX                                                                     | City of Temple                                                                               | CUSIP: 880157BL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140531.55    | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM22<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    230000 | PA      | $229459.22    | 0.01%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                             | City of Vernon                                                                               | CUSIP: 924397EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4656256.65   | 0.18%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                               | Memphis-Shelby County Airport Authority                                                      | CUSIP: 586111NZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $177988.72    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TFB4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002495.30   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1202878.69   | 0.05%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $356558.45    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                               | Missouri Housing Development Commission, Series 2023 E                                       | CUSIP: 60637B7E4<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3578286.23   | 0.14%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Housing Finance Authority                                               | New Hampshire Housing Finance Authority, Series 2023 C                                       | CUSIP: 64469DX63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7705000 | PA      | $8289280.17   | 0.32%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Bartow County Development Authority                                                   | Bartow County Development Authority, Series 2013                                             | CUSIP: 069643BM5<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1993077.20   | 0.08%             | 2043-08-01      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                                   | St Louis Land Clearance for Redevelopment Authority                                          | CUSIP: 791652JA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352973.18    | 0.01%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund, Series 2001                                                         | CUSIP: 59468PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4257266.60   | 0.16%             | 2027-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                            | Stamford Housing Authority, Series 2025 D                                                    | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5210000 | PA      | $5174581.38   | 0.20%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JEA7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    390000 | PA      | $383487.20    | 0.01%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610BA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $480390.57    | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auburn University                                                                     | Auburn University, Series 2016A                                                              | CUSIP: 050589NR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $426492.97    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    240000 | PA      | $242671.01    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson                                                                          | CUSIP: 472682YW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1298326.25   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CZ2<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    185000 | PA      | $188371.38    | 0.01%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TK44<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2096677.80   | 0.08%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp.                                    | Matching Fund Special Purpose Securitization Corp.                                           | CUSIP: 57665NAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   2670000 | PA      | $2679956.43   | 0.10%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514ZU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2866092.71   | 0.11%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Jail Building Corp.                                                  | Jefferson County Jail Building Corp.                                                         | CUSIP: 472871AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $360211.50    | 0.01%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp.                                                                | Kentucky Housing Corp., Series 2024A                                                         | CUSIP: 491309ES5<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   9840000 | PA      | $10787877.36  | 0.41%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  15095000 | PA      | $15031099.85  | 0.57%             | 2052-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                             | Orange County Health Facilities Authority                                                    | CUSIP: 68450LGS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1171613.34   | 0.04%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CVY5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    330000 | PA      | $316654.73    | 0.01%             | 2026-10-01      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564016.40   | 0.06%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Urban Residential Finance Authority                                           | Atlanta Urban Residential Finance Authority, Series 2024                                     | CUSIP: 04785VBU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2123899.04   | 0.08%             | 2025-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                               | Columbus Metropolitan Housing Authority, Series 2024                                         | CUSIP: 19951AAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2647140.37   | 0.10%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061WBE3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1248275.13   | 0.05%             | 2027-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568JB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1137968.22   | 0.04%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYR6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    820000 | PA      | $799790.28    | 0.03%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority       | Cumberland County Industrial Facilities & Pollution Control Financing Authority, Series 2024 | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $635144.40    | 0.02%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNE0<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    690000 | PA      | $723245.86    | 0.03%             | 2030-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323DA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2050529.46   | 0.08%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                     | Tulsa County Industrial Authority                                                            | CUSIP: 899530AP4<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    800000 | PA      | $799396.48    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority PA                               | Westmoreland County Industrial Development Authority                                         | CUSIP: 961008RQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $624532.50    | 0.02%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM48<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    255000 | PA      | $250044.08    | 0.01%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2023 B                                      | CUSIP: 63610TAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $905986.54    | 0.03%             | 2038-12-15      | Fixed         | 9.58%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568JC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $405940.89    | 0.02%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                           | CUSIP: 199546CR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2841764.04   | 0.11%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMC5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    775000 | PA      | $784956.19    | 0.03%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2024 B                      | CUSIP: 646080XV8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5196290.00   | 0.20%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074MYH8<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    135000 | PA      | $140949.33    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County School District No. 111 Burbank                                           | Cook County School District No. 111 Burbank                                                  | CUSIP: 214579KP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $554120.77    | 0.02%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389G44<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3041114.10   | 0.12%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSH9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1135481.22   | 0.04%             | 2034-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                            | New Mexico Hospital Equipment Loan Council                                                   | CUSIP: 647370KA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1055622.87   | 0.04%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FST2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $488904.95    | 0.02%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency                                                  | CUSIP: 254768XD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5309969.16   | 0.20%             | 2028-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $308916.09    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLJ1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    775000 | PA      | $783256.46    | 0.03%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                             | Seattle Housing Authority                                                                    | CUSIP: 812636ML9<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |   3070000 | PA      | $2959332.95   | 0.11%             | 2026-06-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CE7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210297.02    | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $226639.31    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514ZV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2699686.97   | 0.10%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCF3<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    950000 | PA      | $978033.46    | 0.04%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JYU9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1713877.09   | 0.07%             | 2062-05-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $511909.84    | 0.02%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 7087968C4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3422649.08   | 0.13%             | 2028-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TR7<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    400000 | PA      | $421418.04    | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $652055.74    | 0.02%             | 2034-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2024                                              | CUSIP: 392275EV1<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4570727.10   | 0.17%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake Economic Development Authority                                             | Chesapeake Economic Development Authority                                                    | CUSIP: 16532YAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3232732.98   | 0.12%             | 2032-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2024 H                               | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12080000 | PA      | $12923487.21  | 0.49%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority                                                         | CUSIP: 74526QSY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |     25000 | PA      | $25010.84     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372JV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $525934.87    | 0.02%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                       | Central Valley Energy Authority, Series 2025                                                 | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2571382.40   | 0.10%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                     | City of Venice, Series 2024 B-3                                                              | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $891258.93    | 0.03%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176446.71    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048TZV8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1131962.92   | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QJN4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    740000 | PA      | $759440.91    | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| York County Economic Development Authority                                            | York County Economic Development Authority                                                   | CUSIP: 98659AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6390000 | PA      | $6425245.32   | 0.24%             | 2033-05-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3865000 | PA      | $4097021.36   | 0.16%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                                    | Miami-Dade County Industrial Development Authority                                           | CUSIP: 59333EEB5<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011972.20   | 0.04%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 499652AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $930537.17    | 0.04%             | 2027-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372JZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $412037.78    | 0.02%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                     | Upper Illinois River Valley Development Authority                                            | CUSIP: 91588TBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $381398.55    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2069603.74   | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMX9<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1331265.13   | 0.05%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568JA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1071842.84   | 0.04%             | 2030-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712D8R0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4720799.50   | 0.18%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Board of the City of Mobile Alabama                            | Industrial Development Board of the City of Mobile Alabama                                   | CUSIP: 607167DW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $10993408.80  | 0.42%             | 2034-06-01      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Sumter Two School Facilities, Inc.                                                    | Sumter Two School Facilities, Inc.                                                           | CUSIP: 866613BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1512432.15   | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                     | Antonio B Won Pat International Airport Authority, Series 2021 A                             | CUSIP: 40064RGT0<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    225000 | PA      | $223070.06    | 0.01%             | 2025-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                           | CUSIP: 60637AUB6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    300000 | PA      | $290821.23    | 0.01%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCM4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    450000 | PA      | $462215.66    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 A                                        | CUSIP: 65821DXZ9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    290000 | PA      | $292842.81    | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Rankin Utility Authority                                                         | West Rankin Utility Authority                                                                | CUSIP: 955525CG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $463393.80    | 0.02%             | 2028-01-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                               | Cuyahoga Metropolitan Housing Authority                                                      | CUSIP: 23239TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2816819.32   | 0.11%             | 2027-12-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CV1<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151101.66    | 0.01%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                               | Energy Southeast A Cooperative District                                                      | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10713371.00  | 0.41%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2023 A                                         | CUSIP: 717883ZX3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2455205.40   | 0.09%             | 2036-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                          | New Mexico Finance Authority, Series 2025 A-2                                                | CUSIP: 64711PRX0<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    750000 | PA      | $760191.60    | 0.03%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYN5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    365000 | PA      | $370450.69    | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057705.20   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board                                                           | CUSIP: 60636SHQ0<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1063560.49   | 0.04%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024A-3                                       | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9312000 | PA      | $8607491.33   | 0.33%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TU68<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1711368.03   | 0.07%             | 2038-10-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Pequea Valley School District                                                         | Pequea Valley School District                                                                | CUSIP: 713537MS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145802.51    | 0.01%             | 2026-05-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048TZW6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008728.30   | 0.04%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514TV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352979.48    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EP Essential Housing WF PFC                                                           | EP Essential Housing WF PFC, Series 2024                                                     | CUSIP: 29416AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6769655.55   | 0.26%             | 2034-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1765377.53   | 0.07%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2023A                                           | CUSIP: 167562RV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10582274.00  | 0.40%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKE4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    550000 | PA      | $569002.56    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                             | Chandler Industrial Development Authority, Series 2007                                       | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999508.60    | 0.04%             | 2037-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM55<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    330000 | PA      | $320450.03    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486N70<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7260535.80   | 0.28%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UKB3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1059667.34   | 0.04%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $269606.60    | 0.01%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2024 A                      | CUSIP: 646080XR7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261063.08   | 0.05%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren MS                                                                   | County of Warren                                                                             | CUSIP: 935031AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2988252.00   | 0.11%             | 2027-08-01      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BND2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $131757.33    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $211348.94    | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579HA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $395110.40    | 0.02%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville/Jefferson County Metropolitan Government                                          | CUSIP: 54675RCW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1070188.30   | 0.04%             | 2027-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $726451.19    | 0.03%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008282.20   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston County Health Care Authority                                                  | Houston County Health Care Authority                                                         | CUSIP: 441878BU8<br>LEI: 549300I8OJ0JNPDR4L55 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1169488.63   | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, Series 2024                                      | CUSIP: 596681AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $487834.65    | 0.02%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                                | Tempe Industrial Development Authority                                                       | CUSIP: 87972MBJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $274058.57    | 0.01%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington County Industrial Development Authority                                     | Arlington County Industrial Development Authority                                            | CUSIP: 041438GM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $475948.77    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority                                                 | CUSIP: 594654SG1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2865000 | PA      | $2997594.78   | 0.11%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507538.05    | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phenix City AL Water & Sewer Revenue                                          | City of Phenix City AL Water & Sewer Revenue                                                 | CUSIP: 717390LB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1143904.73   | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $874876.42    | 0.03%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Adams County General Authority                                                        | Adams County General Authority, Series 2024B-2                                               | CUSIP: 006114AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1461825.00   | 0.06%             | 2029-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                                   | County of Howard                                                                             | CUSIP: 442599AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $347831.40    | 0.01%             | 2028-02-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012W4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    845000 | PA      | $873917.84    | 0.03%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKK0<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    175000 | PA      | $182824.92    | 0.01%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK45<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1552882.80   | 0.06%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7130000 | PA      | $7009781.07   | 0.27%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                        | Vauxmont Metropolitan District                                                               | CUSIP: 92242SAF0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    135000 | PA      | $138553.44    | 0.01%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp.                                                   | Maryland Economic Development Corp.                                                          | CUSIP: 57420VNZ2<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    650000 | PA      | $654868.83    | 0.02%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1017044.41   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $819272.16    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A 2024A-1                                              | CUSIP: 56042TDQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1020395.71   | 0.04%             | 2029-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2024 A                                        | CUSIP: 92812WNB6<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   7420000 | PA      | $7311235.41   | 0.28%             | 2029-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74443CAB9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    725000 | PA      | $725347.42    | 0.03%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   5410000 | PA      | $5253682.92   | 0.20%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $294394.38    | 0.01%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1604773.50   | 0.06%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267049.25    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                                   | State of Illinois Sales Tax Revenue                                                          | CUSIP: 452227QD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240253.66    | 0.01%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                                   | Puerto Rico Commonwealth Aqueduct & Sewer Authority                                          | CUSIP: 745160TZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4100000 | PA      | $4106603.46   | 0.16%             | 2025-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TP1<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    800000 | PA      | $825460.64    | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XL41<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500620.70   | 0.06%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2016                              | CUSIP: 83703FMJ8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    335000 | PA      | $339268.20    | 0.01%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax, Series 2016                    | CUSIP: 167510AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $847608.63    | 0.03%             | 2035-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Poplar Bluff Regional Transportation Development District Sales Tax Revenue           | Poplar Bluff Regional Transportation Development District Sales Tax                          | CUSIP: 733060AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1545831.04   | 0.06%             | 2031-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CVZ2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    460000 | PA      | $431770.58    | 0.02%             | 2027-10-01      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority, Series VV                                              | CUSIP: 74526YGR0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    195000 | PA      | $194789.89    | 0.01%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $572682.14    | 0.02%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSU9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    960000 | PA      | $931752.86    | 0.04%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                    | CUSIP: 650116DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105421.57   | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYL9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    440000 | PA      | $441782.48    | 0.02%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                      | CUSIP: 613603A25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2484139.72   | 0.09%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                               | Lehigh County General Purpose Authority, Series 2024                                         | CUSIP: 52480RFV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $609030.28    | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey                                                      | CUSIP: 73358WR71<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1812311.46   | 0.07%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO Public Utility Revenue                                         | City of Springfield, Series 2015                                                             | CUSIP: 851018KZ3<br>LEI: NDLRXEC1F2GZZETPKO45 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5071646.48   | 0.19%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Houston Housing Finance Corp.                                                         | Houston Housing Finance Corp., Series 2024                                                   | CUSIP: 442396EN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3703284.12   | 0.14%             | 2048-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp.                                   | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5051017.95   | 0.19%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DG4<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    580000 | PA      | $595500.67    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport                                                         | CUSIP: 167593Z21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3534537.30   | 0.13%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RTU3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3872556.80   | 0.15%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, Series 2024                                      | CUSIP: 596681AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493799.95    | 0.02%             | 2029-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency                                                        | CUSIP: 658207P25<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591240.35   | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St Clair County Community Unit School District No. 187 Cahokia, Series 2024B                 | CUSIP: 788550MS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $283913.61    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                           | City of Shreveport LA Water & Sewer Revenue                                                  | CUSIP: 825485XD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $695849.81    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLY8<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1670765.58   | 0.06%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1271348.00   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136EP2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1714708.55   | 0.07%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                    | CUSIP: 650116FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8635000 | PA      | $8775675.38   | 0.33%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1494945.90   | 0.06%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority, Series PP                                              | CUSIP: 74526YGJ8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    115000 | PA      | $115008.45    | 0.00%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AJ6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518551.90    | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Series 2024                                        | CUSIP: 04062PCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1033000 | PA      | $1048074.88   | 0.04%             | 2045-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323DB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1990548.11   | 0.08%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $313626.18    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167484QR8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   6640000 | PA      | $6485039.00   | 0.25%             | 2026-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $941110.29    | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CES3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    475000 | PA      | $495674.57    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                               | Missouri Housing Development Commission, Series 2025A                                        | CUSIP: 60637GGS2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10845233.00  | 0.41%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                  | Tennessee Housing Development Agency, Series 2024-3B                                         | CUSIP: 88046KPN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2997583.80   | 0.11%             | 2055-07-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1973023.81   | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CME1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1774558.35   | 0.07%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education, Series 2016 A                                                    | CUSIP: 167505QY5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6070000 | PA      | $6117928.11   | 0.23%             | 2044-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                       | Texas Department of Housing & Community Affairs                                              | CUSIP: 88275AEP1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4015114.40   | 0.15%             | 2041-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNG5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    550000 | PA      | $580951.03    | 0.02%             | 2032-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp.                                                               | Louisiana Housing Corp., Series 2024                                                         | CUSIP: 54627CBW2<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2610686.78   | 0.10%             | 2027-08-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $381286.22    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514ZT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1785109.35   | 0.07%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                       | California County Tobacco Securitization Agency                                              | CUSIP: 13016NEH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350360.57    | 0.01%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $230379.61    | 0.01%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128255.11    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PC8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    565000 | PA      | $585264.80    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Ramon Public Financing Authority                                                  | San Ramon Public Financing Authority, Series A                                               | CUSIP: 799385CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1642757.91   | 0.06%             | 2026-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK37<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039599.80   | 0.08%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2025A                                             | CUSIP: 01728LKJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6195000 | PA      | $6579177.35   | 0.25%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEN4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    420000 | PA      | $430316.96    | 0.02%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UEW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    285000 | PA      | $288751.14    | 0.01%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Special Care Facilities Financing Authority of the City of Pell City Alabama          | Special Care Facilities Financing Authority of the City of Pell City Alabama                 | CUSIP: 705888BV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $788745.16    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp.                                                     | CUSIP: 0418063B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $572320.79    | 0.02%             | 2056-06-15      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                           | CUSIP: 199546CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3300784.34   | 0.13%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency                                                                  | CUSIP: 676900WC3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2479141.75   | 0.09%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency, Series 2024 A-2                                       | CUSIP: 649870NF5<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2412520.62   | 0.09%             | 2054-06-15      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $273211.96    | 0.01%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2024C                                | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1965149.25   | 0.07%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2024B                                   | CUSIP: 6461084M9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2723912.17   | 0.10%             | 2027-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                     | Territory of Guam                                                                            | CUSIP: 40065NCL9<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    400000 | PA      | $410284.60    | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048RAL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    450000 | PA      | $450184.10    | 0.02%             | 2041-10-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QJL8<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    750000 | PA      | $754766.70    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2024 A                                          | CUSIP: 1675934G4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1394730.25   | 0.05%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Housing Opportunities Commission                                    | Montgomery County Housing Opportunities Commission, Series 2025 A                            | CUSIP: 613347SR5<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3949509.60   | 0.15%             | 2034-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                              | CUSIP: 49126KJU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015891.20   | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                    | CUSIP: 650116CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $4040816.75   | 0.15%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Topeka KS                                                                     | City of Topeka, Kansas Health Care Facilities                                                | CUSIP: 890585BR2<br>LEI: 549300NFEU1XBKVICM54 | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1950020.04   | 0.07%             | 2033-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4M7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    610000 | PA      | $668327.22    | 0.03%             | 2034-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2023 B                                             | CUSIP: 462590NV8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2072237.40   | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061WBF0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    825000 | PA      | $804550.64    | 0.03%             | 2028-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Hammond Multi-School Building Corp.                                                   | Hammond Multi-School Building Corp.                                                          | CUSIP: 408395RN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1558459.44   | 0.06%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEQ7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    825000 | PA      | $857607.30    | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charles City County Economic Development Authority                                    | Charles City County Economic Development Authority                                           | CUSIP: 159770AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $221630.83    | 0.01%             | 2027-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1617748.67   | 0.06%             | 2043-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CML5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    525000 | PA      | $536970.11    | 0.02%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YB24<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    350000 | PA      | $357956.59    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2025 B-2                                                  | CUSIP: 45204FM85<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4618659.06   | 0.18%             | 2044-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRK7<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534580.40   | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority PA                                                | Lancaster County Hospital Authority                                                          | CUSIP: 514045F99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265122.11    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward County Housing Finance Authority                                              | Broward County Housing Finance Authority, Series 2023                                        | CUSIP: 115027RA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3013775.10   | 0.11%             | 2056-09-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2021A-2                        | CUSIP: 708692BZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4995341.00   | 0.19%             | 2046-10-01      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2024-1A                                      | CUSIP: 10623ACQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7314781.60   | 0.28%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10008479.00  | 0.38%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $743416.45    | 0.03%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397CB8<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    750000 | PA      | $776682.83    | 0.03%             | 2027-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                       | Allegheny County Hospital Development Authority                                              | CUSIP: 01728A3L8<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2788185.95   | 0.11%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLW2<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018337.30   | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                     | CUSIP: 5444452N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3210729.90   | 0.12%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Rankin Utility Authority                                                         | West Rankin Utility Authority                                                                | CUSIP: 955525CE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $454729.36    | 0.02%             | 2026-01-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| City of Elgin TX                                                                      | City of Elgin                                                                                | CUSIP: 286525TX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150140.42    | 0.01%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                         | New York State Environmental Facilities Corp.                                                | CUSIP: 649852AS9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    800000 | PA      | $793661.04    | 0.03%             | 2050-09-01      | Variable      | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                              | Denver Convention Center Hotel Authority                                                     | CUSIP: 249189DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000876.40   | 0.08%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3469140.03   | 0.13%             | 2031-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville/Jefferson County Metropolitan Government                                          | CUSIP: 54675RCV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1169933.98   | 0.04%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $949430.55    | 0.04%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550LV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $123327.67    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKM6<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1549399.96   | 0.06%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2025                              | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    860000 | PA      | $818980.58    | 0.03%             | 2062-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6970000 | PA      | $7159222.26   | 0.27%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                         | New Jersey Turnpike Authority                                                                | CUSIP: 646140DP5<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2331417.30   | 0.09%             | 2026-01-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $369361.17    | 0.01%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PF1<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    675000 | PA      | $701452.37    | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver                                                                      | CUSIP: 249182QC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5180059.50   | 0.20%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bartow County Development Authority                                                   | Bartow County Development Authority                                                          | CUSIP: 069643BN3<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |   6245000 | PA      | $6324011.74   | 0.24%             | 2032-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                         | King County Housing Authority, Series 2023A2                                                 | CUSIP: 49477AAB4<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2924646.30   | 0.11%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                     | California Housing Finance Agency, Series 2024 V                                             | CUSIP: 13034DAQ7<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1620641.26   | 0.06%             | 2034-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TM8<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    530000 | PA      | $532546.01    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1469669.40   | 0.06%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                     | CUSIP: 592248EE4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2726118.64   | 0.10%             | 2029-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A  | CUSIP: 79766DWH8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2496343.28   | 0.09%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225335.57    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45506EBZ5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    515000 | PA      | $496625.57    | 0.02%             | 2026-11-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                     | City of Dallas, Series 2023                                                                  | CUSIP: 235380AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3540000 | PA      | $3541537.07   | 0.13%             | 2053-08-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Kentucky State University                                                             | Kentucky State University                                                                    | CUSIP: 491588AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $161177.52    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A 2024A-1                                              | CUSIP: 56042TDP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $737253.99    | 0.03%             | 2028-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2016                              | CUSIP: 83703FMK5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1347651.67   | 0.05%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2023C                                       | CUSIP: 63607YBK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495510.59    | 0.02%             | 2038-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                         | Los Angeles Housing Authority, Series 2024C                                                  | CUSIP: 544562CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2144266 | PA      | $2127551.88   | 0.08%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397BZ6<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    575000 | PA      | $579013.33    | 0.02%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $356316.00    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAC8<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021242.40   | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                   | Austin Convention Enterprises, Inc., Series A                                                | CUSIP: 052409DR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983203.30    | 0.04%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PH7<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    975000 | PA      | $1018489.29   | 0.04%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $538024.88    | 0.02%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                   | Virginia College Building Authority                                                          | CUSIP: 92778FKG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $403938.96    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2020                                          | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    155000 | PA      | $154949.61    | 0.01%             | 2045-10-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Series 2024B                                                                | CUSIP: 04780MW62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $847040.69    | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                          | Southern Illinois University                                                                 | CUSIP: 8431464S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1713185.03   | 0.07%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136EQ0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2368797.08   | 0.09%             | 2027-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PNH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1714052.73   | 0.07%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $382244.74    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012V6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1153183.81   | 0.04%             | 2029-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEP9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    370000 | PA      | $382080.09    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                     | Antonio B Won Pat International Airport Authority                                            | CUSIP: 40064REH8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    615000 | PA      | $573401.65    | 0.02%             | 2030-10-01      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $540464.61    | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3H9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    190000 | PA      | $162541.56    | 0.01%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74448FAC5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7970000 | PA      | $7526654.40   | 0.29%             | 2039-09-25      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Series 2023                                           | CUSIP: 64719HEN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505361.00   | 0.06%             | 2042-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority (The)                                                   | Atlanta Development Authority (The), Series 2024A-2                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $742089.02    | 0.03%             | 2039-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp.                                   | CUSIP: 87638THC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3895000 | PA      | $4156395.01   | 0.16%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VC2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2345142.33   | 0.09%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp.                                           | CUSIP: 762244FD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5063634.50   | 0.19%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                        | Lamar Consolidated Independent School District                                               | CUSIP: 513174H21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1532697.31   | 0.06%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2024 B-2                                      | CUSIP: 65820YTA4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    525000 | PA      | $520910.93    | 0.02%             | 2028-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DF6<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508208.50    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1454621.75   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klickitat County Public Utility District No. 1                                        | Klickitat County Public Utility District No. 1, Series 2025                                  | CUSIP: 498622LF4<br>LEI: 549300D4CB0RTDWA5V46 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1641884.25   | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                         | Allentown Neighborhood Improvement Zone Development Authority                                | CUSIP: 018444BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $496690.85    | 0.02%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge & Tunnel Authority                                                         | CUSIP: 89602HAD9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9804410.00   | 0.37%             | 2045-05-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRP6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     45000 | PA      | $44847.24     | 0.00%             | 2036-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                             | Michigan State Hospital Finance Authority, Series SUB 2025B2                                 | CUSIP: 59465HXF8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   7555000 | PA      | $8123535.66   | 0.31%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSP0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    320000 | PA      | $318489.06    | 0.01%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VD0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1594628.22   | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Building Authority                                                         | New Jersey Building Authority                                                                | CUSIP: 645771ZJ8<br>LEI: 549300YJLPPJFRLYB368 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1207225.27   | 0.05%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Community Unit School District No. 7 Edwardsville                      | Madison County Community Unit School District No. 7 Edwardsville                             | CUSIP: 557021JQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $468487.31    | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762323AY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $604914.96    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EP Tuscany Zaragosa PFC                                                               | EP Tuscany Zaragosa PFC, Series 2023                                                         | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14655841.50  | 0.56%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029124.40   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp.                                                            | CUSIP: 462590LW8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1436508.44   | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAH7<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |    520000 | PA      | $534783.81    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Series MTEBS 2024                               | CUSIP: 93979AAC3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1461259.97   | 0.06%             | 2034-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A  | CUSIP: 79766DWG0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    910000 | PA      | $951970.29    | 0.04%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323CX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $825452.08    | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3680000 | PA      | $3682761.10   | 0.14%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Rural Water Finance Authority, Inc.                                         | Minnesota Rural Water Finance Authority, Inc.                                                | CUSIP: 60411PBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3446623.83   | 0.13%             | 2026-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $236367.44    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                                 | City of Farmington                                                                           | CUSIP: 311450GC8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6974641.10   | 0.27%             | 2040-06-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                              | County of Miami-Dade, Series A                                                               | CUSIP: 59333PR75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1145484.22   | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVK2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2025-05-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                             | City of Vernon, Electric System                                                              | CUSIP: 924397EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014858.90   | 0.04%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily ML Certificates                                                     | FHLMC Multifamily Structured Pass-Through Certificates, Series 2024-ML21, Class AUS          | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5726344 | PA      | $5918393.93   | 0.23%             | 2041-08-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136EV9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1413645.53   | 0.05%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Owen KY                                                                     | County of Owen, Series 2020                                                                  | CUSIP: 69068WAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2351371.74   | 0.09%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CC1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130488.08    | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane County School District No. 131 Aurora East Side                                  | Kane County School District No. 131 Aurora East Side                                         | CUSIP: 484008PB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $706201.79    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151AY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1491843.75   | 0.06%             | 2026-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1264458.24   | 0.05%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100166.00    | 0.00%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                        | CUSIP: 717883TB8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5120394.50   | 0.19%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                     | City of Horace, Series 2024B                                                                 | CUSIP: 440365JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2341483.09   | 0.09%             | 2026-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                              | CUSIP: 49126KJV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2676792.83   | 0.10%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Capital Grant Receipts Revenue                              | Chicago Transit Authority Capital Grant Receipts Revenue                                     | CUSIP: 167723HJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150118.11    | 0.01%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board                                                           | CUSIP: 60636SHL1<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150727.68    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                      | Raleigh Durham Airport Authority, Series 2017 A                                              | CUSIP: 751073LM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022927.60   | 0.04%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carol Stream Park District                                                            | Carol Stream Park District                                                                   | CUSIP: 143735VN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $451295.24    | 0.02%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $237929.02    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $304755.18    | 0.01%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3875000 | PA      | $4143984.29   | 0.16%             | 2031-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452017AF3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264262.13    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                         | Los Angeles Housing Authority, Series 2024 B                                                 | CUSIP: 544562CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    857706 | PA      | $835158.11    | 0.03%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                     | Antonio B Won Pat International Airport Authority                                            | CUSIP: 40064REF2<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1880000 | PA      | $1800921.37   | 0.07%             | 2028-10-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CKU7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    875000 | PA      | $875661.15    | 0.03%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAD6<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036091.40   | 0.08%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3481842.98   | 0.13%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DL3<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055972.80   | 0.04%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2024B                                       | CUSIP: 63610TAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $616560.34    | 0.02%             | 2034-05-15      | Fixed         | 8.33%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport                                                         | CUSIP: 167590EY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040867.60   | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYP0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    760000 | PA      | $747949.67    | 0.03%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DP4<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041856.20   | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Area Housing Finance Corp.                                                    | Capital Area Housing Finance Corp., Series 2024                                              | CUSIP: 139726CX9<br>LEI: 549300XICE1XLI0VXV87 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1125076.39   | 0.04%             | 2041-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $497540.44    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAE4<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1788508.23   | 0.07%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver                                                                      | CUSIP: 249182QD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14677314.40  | 0.56%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                     | City of Venice, Series 2024 B-2                                                              | CUSIP: 922687AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $663528.07    | 0.03%             | 2030-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCG1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1025734.26   | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue                    | Wisconsin Housing & Economic Development Authority Housing, Series 2023 E                    | CUSIP: 9769044P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2043806.84   | 0.08%             | 2054-11-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Coconino County Pollution Control Corp.                                               | Coconino County Pollution Control Corp.                                                      | CUSIP: 191855BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2081577.47   | 0.08%             | 2032-09-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Conway Health Facilities Board                                                        | Conway Health Facilities Board                                                               | CUSIP: 212584DR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $675428.06    | 0.03%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure & Economic Development Bank                                        | CUSIP: 13034AD23<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  11375000 | PA      | $11056103.01  | 0.42%             | 2055-08-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 499527CS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1234383.09   | 0.05%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413755.80    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2023 B                                             | CUSIP: 462590NX4<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3928713.38   | 0.15%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSC0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    805000 | PA      | $818013.63    | 0.03%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149740.07    | 0.01%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568HW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508065.10    | 0.02%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Morton Road Municipal Utility District                                                | Morton Road Municipal Utility District                                                       | CUSIP: 619385FP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $264009.14    | 0.01%             | 2025-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $183848.97    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023150.20   | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                                 | Duluth Economic Development Authority                                                        | CUSIP: 26444VAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $398212.36    | 0.02%             | 2025-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                               | Louisa Industrial Development Authority                                                      | CUSIP: 546068AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2304952.88   | 0.09%             | 2035-11-01      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3093274.80   | 0.12%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $719115.04    | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $587058.39    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2306720.37   | 0.09%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VS7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    850000 | PA      | $856864.69    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp.                                                                     | CUSIP: 12008ESW7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    185000 | PA      | $182736.21    | 0.01%             | 2027-07-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $875513.84    | 0.03%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. V                                      | Texas Municipal Gas Acquisition & Supply Corp. V, Series 2024                                | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6237207.60   | 0.24%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pequea Valley School District                                                         | Pequea Valley School District                                                                | CUSIP: 713537MN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $124821.88    | 0.00%             | 2025-05-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority, Series 2025B                      | CUSIP: 57421CHV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2884304.18   | 0.11%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $354862.55    | 0.01%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2231300.09   | 0.08%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peoria Public Building Commission                                                     | Peoria Public Building Commission                                                            | CUSIP: 71323MEG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701996.26    | 0.03%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Memorial City Redevelopment Authority                                                 | Memorial City Redevelopment Authority                                                        | CUSIP: 58602FAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1120509.83   | 0.04%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMD3<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018337.30   | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority                                          | CUSIP: 658262GL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1281099.13   | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saginaw Hospital Finance Authority                                                    | Saginaw Hospital Finance Authority                                                           | CUSIP: 786744HS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026869.90   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $661635.84    | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                           | Ohio Higher Educational Facility Commission                                                  | CUSIP: 67756DVP8<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4819906.00   | 0.18%             | 2034-12-01      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank                                              | CUSIP: 45528URT0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000136.00   | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249876.45    | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No. 2                                    | Grays Harbor County Public Hospital District No. 2                                           | CUSIP: 389610AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3217132.39   | 0.12%             | 2028-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486R68<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4265000 | PA      | $4382061.03   | 0.17%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $285890.55    | 0.01%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6680000 | PA      | $6229952.37   | 0.24%             | 2035-04-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182NCB4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4270000 | PA      | $4267562.68   | 0.16%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKJ3<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    550000 | PA      | $576213.72    | 0.02%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225690.46    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority                                           | New Memphis Arena Public Building Authority                                                  | CUSIP: 64704CAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1094566.47   | 0.04%             | 2031-04-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A 2024A-1                                              | CUSIP: 56042TDR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $998890.90    | 0.04%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YRR2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    520000 | PA      | $529735.86    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                             | Florida Higher Educational Facilities Financial Authority                                    | CUSIP: 34073TMU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1342022.36   | 0.05%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp.                                                    | Mission Economic Development Corp., Series 2024                                              | CUSIP: 605155BV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5455000 | PA      | $5288688.51   | 0.20%             | 2054-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASP8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1174602.65   | 0.04%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2024                                              | CUSIP: 392275EW9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3759857.85   | 0.14%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74446EAA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $3613612.50   | 0.14%             | 2027-08-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $304345.29    | 0.01%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2022-3                                       | CUSIP: 98322QZL4<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    695000 | PA      | $695566.22    | 0.03%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74444VBH2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $198889.32    | 0.01%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3955975.17   | 0.15%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                                 | County of Cuyahoga                                                                           | CUSIP: 2322655H7<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2194270.87   | 0.08%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024 A-1A                                     | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1515721.90   | 0.06%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Series 2025 C                                                            | CUSIP: 917437TB1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   6510000 | PA      | $7321728.65   | 0.28%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                                  | Massachusetts Housing Finance Agency                                                         | CUSIP: 57587GWC5<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1966780.20   | 0.07%             | 2027-12-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                   | Virginia College Building Authority                                                          | CUSIP: 92778FKF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $349987.09    | 0.01%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Housing Finance Corp.                                                       | Arlington Housing Finance Corp.                                                              | CUSIP: 041818AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5047248.00   | 0.19%             | 2041-04-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                        | Allentown City School District, Series 2018 B                                                | CUSIP: 018411TN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1326814.37   | 0.05%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $412009.44    | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $318272.46    | 0.01%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2023 B                             | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6875000 | PA      | $7173854.88   | 0.27%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNH3<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    700000 | PA      | $734968.15    | 0.03%             | 2033-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                             | City of Vernon                                                                               | CUSIP: 924397EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3474854.29   | 0.13%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                        | Vauxmont Metropolitan District                                                               | CUSIP: 92242SAT0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    175000 | PA      | $176508.66    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 A                                        | CUSIP: 65821DYA3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    185000 | PA      | $187762.68    | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $698146.76    | 0.03%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Lawrence County Industrial Development Agency                                      | St Lawrence County Industrial Development Agency                                             | CUSIP: 791078DT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $127514.86    | 0.00%             | 2027-09-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                              | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    207000 | PA      | $202934.52    | 0.01%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                                    | County of Bexar                                                                              | CUSIP: 088518NU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $713578.03    | 0.03%             | 2025-08-15      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCE6<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    905000 | PA      | $928715.62    | 0.04%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025 A  | CUSIP: 79766DXK0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  16500000 | PA      | $17564794.50  | 0.67%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                         | CUSIP: 19645RRX1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    630000 | PA      | $630555.35    | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASN3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    775000 | PA      | $797991.38    | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2586957.25   | 0.10%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YRP6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    475000 | PA      | $479098.02    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                      | St Johns County Industrial Development Authority                                             | CUSIP: 79041LAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $178367.74    | 0.01%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568HX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513655.25    | 0.02%             | 2027-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                          | CUSIP: 13058TLR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $335212.99    | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698TD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10750000 | PA      | $10674138.33  | 0.41%             | 2053-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1605024.75   | 0.06%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                             | University of Puerto Rico                                                                    | CUSIP: 914811PX6<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    245000 | PA      | $245271.63    | 0.01%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FKC7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2206897.92   | 0.08%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615747.54    | 0.02%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Series 2025A                                          | CUSIP: 6472012P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5645000 | PA      | $6111435.62   | 0.23%             | 2056-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015217.20   | 0.04%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 6459165G8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2045649.69   | 0.08%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648MME6<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    415000 | PA      | $415045.65    | 0.02%             | 2025-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1213355.04   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shawnee KS                                                                  | County of Shawnee, Series 2025 A                                                             | CUSIP: 82056AAA6<br>LEI: 5493007F3P7G61QTP515 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5007778.50   | 0.19%             | 2059-05-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                      | Raleigh Durham Airport Authority                                                             | CUSIP: 751073KZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015329.20   | 0.04%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jackson MS                                                                    | City of Jackson                                                                              | CUSIP: 4684307D9<br>LEI: 549300XZ1LXKERRRSP27 | Long             | DBT              | MUN               | US        |    825000 | PA      | $828800.78    | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Flint Public Library                                                                  | Flint Public Library                                                                         | CUSIP: 339556AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $675000.00    | 0.03%             | 2025-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JDR9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350000.00    | 0.01%             | 2025-11-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Altoona Area School District                                                          | Altoona Area School District                                                                 | CUSIP: 021807LX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $883866.51    | 0.03%             | 2025-12-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRJ0<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015966.00   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland OH Airport System Revenue                                           | City of Cleveland OH Airport System Revenue                                                  | CUSIP: 186352RM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3031784.10   | 0.12%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brownsville Navigation District                                                       | Brownsville Navigation District                                                              | CUSIP: 116439KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008760.50   | 0.04%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762323CB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4080000 | PA      | $3770633.59   | 0.14%             | 2041-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                                 | State of Hawaii Harbor System                                                                | CUSIP: 41981TGZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526747.55    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                         | Allentown Neighborhood Improvement Zone Development Authority                                | CUSIP: 018444BM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Series 2025 A-2                                     | CUSIP: 64972KJL0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4893210.00   | 0.19%             | 2064-11-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County (The)                                          | Development Authority of Monroe County (The)                                                 | CUSIP: 610530FR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5477215.70   | 0.21%             | 2025-07-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $318215.40    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FWK6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1293509.76   | 0.05%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610BC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $370096.58    | 0.01%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $293990.55    | 0.01%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City                                                                       | CUSIP: 795576FK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1219391.88   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St Clair County Community Unit School District No. 187 Cahokia, Series 2024B                 | CUSIP: 788550MT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $239497.43    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority, Inc.                                          | North Texas Higher Education Authority, Inc., Series 2024-1A                                 | CUSIP: 66286UAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1709589.42   | 0.07%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1928121.66   | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                               | Cuyahoga Metropolitan Housing Authority                                                      | CUSIP: 23239TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3412000 | PA      | $3411874.44   | 0.13%             | 2026-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UJZ2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    940000 | PA      | $960628.96    | 0.04%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486N62<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044453.50   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323DC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $793899.34    | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389G93<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3640693.35   | 0.14%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2024                                                                 | CUSIP: 167570TV2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002157.60   | 0.08%             | 2027-08-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Southwestern Illinois Development Authority                                           | Southwestern Illinois Development Authority                                                  | CUSIP: 84553AAL6<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3032535.90   | 0.12%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                       | CUSIP: 13080SEV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |  10115000 | PA      | $10119043.98  | 0.38%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus County Housing Authority                                                     | Columbus County Housing Authority, Series 2025                                               | CUSIP: 199123CM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1497258.90   | 0.06%             | 2028-11-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                                  | Port of Beaumont Navigation District                                                         | CUSIP: 73360CAE4<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    850000 | PA      | $835518.38    | 0.03%             | 2026-01-01      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $915381.82    | 0.03%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |  15915000 | PA      | $16679157.13  | 0.63%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                       | Transbay Joint Powers Authority                                                              | CUSIP: 89356CAF3<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1141215.13   | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FNC5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    358854 | PA      | $104067.80    | 0.00%             | 2027-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3G1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1278356.13   | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442EKJ8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500352.10    | 0.02%             | 2027-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                                   | Lakewood Ranch Stewardship District, Series 2023                                             | CUSIP: 51265KFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505237.25    | 0.02%             | 2028-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMJ0<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    140000 | PA      | $141798.54    | 0.01%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VL2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    335000 | PA      | $341575.08    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Community College System                                                      | Alabama Community College System                                                             | CUSIP: 01025PEZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1248753.30   | 0.05%             | 2026-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| St Lawrence County Industrial Development Agency                                      | St Lawrence County Industrial Development Agency                                             | CUSIP: 791078DS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $134968.20    | 0.01%             | 2026-09-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                     | State of New York Mortgage Agency Homeowner Mortgage                                         | CUSIP: 64988YPR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2089439.07   | 0.08%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLV4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1488884.65   | 0.06%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                                  | Minnesota Office of Higher Education                                                         | CUSIP: 60416MBQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $710406.90    | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chatom Industrial Development Board                                                   | Chatom Industrial Development Board                                                          | CUSIP: 16229PAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $637395.34    | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136TH4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6855000 | PA      | $6486547.18   | 0.25%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1141437.58   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPT0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1151443.83   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                 | New Jersey Health Care Facilities Financing Authority                                        | CUSIP: 64579F7J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1422781.92   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CD9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $420401.76    | 0.02%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                                  | Massachusetts Housing Finance Agency                                                         | CUSIP: 57587GUP8<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995693.50    | 0.04%             | 2026-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511083.50    | 0.02%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority, Series 2015 B                                         | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9019358.10   | 0.34%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                                  | County of Trimble, Series 2023A                                                              | CUSIP: 896221AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $951103.28    | 0.04%             | 2054-06-01      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority, Series 2024A                                   | CUSIP: 59465PEV6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   9200000 | PA      | $8983888.32   | 0.34%             | 2030-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure & Economic Development Bank, Series 2021 A                         | CUSIP: 13034AN30<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4560000 | PA      | $4101875.95   | 0.16%             | 2050-12-01      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                          | Maricopa County & Phoenix Industrial Development Authorities, Series 2023 A                  | CUSIP: 566736EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5110000 | PA      | $5644264.30   | 0.21%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Newport Township Fire Protection District                                             | Newport Township Fire Protection District                                                    | CUSIP: 652394AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $171115.78    | 0.01%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMB7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    360000 | PA      | $360405.97    | 0.01%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                     | Antonio B Won Pat International Airport Authority, Series 2021 A                             | CUSIP: 40064RGU7<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    315000 | PA      | $312361.02    | 0.01%             | 2025-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act                                  | CUSIP: 64461XAD7<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    670000 | PA      | $677091.28    | 0.03%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PB0<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    580000 | PA      | $595549.39    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YA90<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    350000 | PA      | $351927.73    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520944.20    | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority, Series 2015                                             | CUSIP: 13058TCH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000261.80   | 0.04%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Community Unit School District No. 7 Edwardsville                      | Madison County Community Unit School District No. 7 Edwardsville                             | CUSIP: 557021JK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98756.89     | 0.00%             | 2027-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BMZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $164105.44    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSE6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    905000 | PA      | $938271.87    | 0.04%             | 2031-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $705346.35    | 0.03%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516919.30    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2024 B                      | CUSIP: 646080XY2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3993366.42   | 0.15%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JDZ3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    375000 | PA      | $370268.63    | 0.01%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Winnebago-Boone Etc Counties Community College District No. 511 Rock Valley Clg       | Winnebago-Boone Etc Counties Community College District No. 511 Rock Valley Clg              | CUSIP: 974433JH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9824570.00   | 0.37%             | 2035-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038333.10   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No. 1                                            | Matagorda County Navigation District No. 1, Series 1996                                      | CUSIP: 576528DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6875000 | PA      | $6905785.56   | 0.26%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development                                            | CUSIP: 71780CBN9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    235000 | PA      | $238464.77    | 0.01%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $747494.38    | 0.03%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2015                                                        | CUSIP: 74442PAU9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2315785.25   | 0.09%             | 2045-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                      | County of Lee                                                                                | CUSIP: 523470GR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1694730.85   | 0.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASM5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    740000 | PA      | $758262.46    | 0.03%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                           | CUSIP: 60637ATX0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    205000 | PA      | $203412.58    | 0.01%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PJ3<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    325000 | PA      | $337286.72    | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2024 C                                  | CUSIP: 646127FM7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3168797.37   | 0.12%             | 2026-02-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $274791.28    | 0.01%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JDY6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    360000 | PA      | $357157.26    | 0.01%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                       | Oklahoma Housing Finance Agency, Series 2023D                                                | CUSIP: 67886MD55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2401374.51   | 0.09%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority                                                        | CUSIP: 546399LA2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    300000 | PA      | $301205.46    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3082739.10   | 0.12%             | 2028-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Series 2023E                                | CUSIP: 45528U6U0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040530.20   | 0.04%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK29<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1612310.67   | 0.06%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                                  | Missouri Joint Municipal Electric Utility Commission, Series 2015 A                          | CUSIP: 606092JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5006276.00   | 0.19%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                        | Vauxmont Metropolitan District                                                               | CUSIP: 92242SAE3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126327.49    | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $513435.67    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QDC4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1837950.13   | 0.07%             | 2033-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                        | Texas Public Finance Authority                                                               | CUSIP: 88277PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $399075.89    | 0.02%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pequea Valley School District                                                         | Pequea Valley School District                                                                | CUSIP: 713537MQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100012.52    | 0.00%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VB4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2616351.92   | 0.10%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority                                                             | CUSIP: 74440DBR4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5001758.00   | 0.19%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XL58<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1765097.95   | 0.07%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp. NY                                         | Monroe County Industrial Development Corp.                                                   | CUSIP: 61075TWA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $723886.17    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hazleton Area School District                                                         | Hazleton Area School District                                                                | CUSIP: 422002QQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1220318.38   | 0.05%             | 2026-03-01      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1471039.49   | 0.06%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Development Authority                                              | Los Angeles County Development Authority                                                     | CUSIP: 54465JAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2209000 | PA      | $2240557.33   | 0.09%             | 2043-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648VBK4<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   7535000 | PA      | $7374968.66   | 0.28%             | 2037-06-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Series 2023                                     | CUSIP: 593344BR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009693.60   | 0.11%             | 2027-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486D55<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3107804.10   | 0.12%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No. 1                                            | Matagorda County Navigation District No. 1                                                   | CUSIP: 576528DT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2808558.00   | 0.11%             | 2029-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FJL9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1532568.00   | 0.06%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577XDT0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1622381.25   | 0.06%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                          | CUSIP: 13058TCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $562536.84    | 0.02%             | 2040-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TSASC, Inc. NY                                                                        | TSASC, Inc.                                                                                  | CUSIP: 898526EV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538610.15   | 0.06%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2024A                                       | CUSIP: 63610TAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8450000 | PA      | $8310810.76   | 0.32%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                              | Texas Transportation Commission State Highway 249 System                                     | CUSIP: 88283NAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $422447.25    | 0.02%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Series 2016 F                                                              | CUSIP: 940865BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1279750.78   | 0.05%             | 2036-03-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AH0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520243.40    | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLX0<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1636480.32   | 0.06%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                     | Texas Municipal Gas Acquisition & Supply Corp. IV, Series 2023B                              | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |  11345000 | PA      | $12179057.17  | 0.46%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $960996.35    | 0.04%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JDX8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    345000 | PA      | $343527.37    | 0.01%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority, Series 2024 B                                 | CUSIP: 57563RTY5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062264.80   | 0.08%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp. II                                   | Texas Municipal Gas Acquisition and Supply Corp. II, Series 2012C                            | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3190007.98   | 0.12%             | 2027-09-15      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $600173.04    | 0.02%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                                  | Minnesota Office of Higher Education                                                         | CUSIP: 60416MBP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $853789.47    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074MYD7<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505870.25    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    125000 | PA      | $129501.61    | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UB0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3059664.60   | 0.12%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TU50<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1363725.32   | 0.05%             | 2030-10-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMF7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1093544.57   | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                      | Tulsa Airports Improvement Trust                                                             | CUSIP: 899647TA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301801.47    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hazleton Area School District                                                         | Hazleton Area School District                                                                | CUSIP: 422002QJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1040093.23   | 0.04%             | 2029-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Newport Township Fire Protection District                                             | Newport Township Fire Protection District                                                    | CUSIP: 652394AG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165905.01    | 0.01%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CWA6<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1183102.07   | 0.05%             | 2028-10-01      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Series 2024B                                                                | CUSIP: 04780MW54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $695974.16    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Series 2024                                        | CUSIP: 04062PCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5357742.60   | 0.20%             | 2058-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1782799.58   | 0.07%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074HGY2<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015562.40   | 0.08%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No. 15                                         | Village Community Development District No. 15, Series 2024                                   | CUSIP: 92708KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $126082.29    | 0.00%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMG6<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019215.00   | 0.04%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70868YAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10825000 | PA      | $11451148.31  | 0.44%             | 2031-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Syracuse Regional Airport Authority                                                   | Syracuse Regional Airport Authority                                                          | CUSIP: 871740AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252043.35    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                     | CUSIP: 5444452P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3215736.60   | 0.12%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074HGX4<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5600000.00   | 0.21%             | 2026-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2125477.92   | 0.08%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hazard KY                                                                     | City of Hazard                                                                               | CUSIP: 421381AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270448.20    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750521.93    | 0.03%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648VBL2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    985000 | PA      | $984748.23    | 0.04%             | 2042-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2023 A                                         | CUSIP: 717883ZY1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   4030000 | PA      | $4365959.74   | 0.17%             | 2037-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                               | County of Miami-Dade Seaport Department                                                      | CUSIP: 59335KES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1705311.63   | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jersey City Redevelopment Agency                                                      | Jersey City Redevelopment Agency                                                             | CUSIP: 476637AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3515193.50   | 0.13%             | 2025-12-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                        | Allentown City School District                                                               | CUSIP: 018411SX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4155000 | PA      | $4204778.98   | 0.16%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CND2<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    450000 | PA      | $469509.53    | 0.02%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASQ6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    985000 | PA      | $1013138.10   | 0.04%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1595733.15   | 0.06%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation Revenue                                  | CUSIP: 592647JW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7240829.40   | 0.28%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                          | Massachusetts Port Authority, Series 2019 A                                                  | CUSIP: 575896TH8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3461704.92   | 0.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2020                                                      | CUSIP: 45203EAG4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2152391.35   | 0.08%             | 2040-05-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8325000 | PA      | $8704002.29   | 0.33%             | 2053-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                                  | Virginia Beach Development Authority                                                         | CUSIP: 92774NAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96521.12     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CA5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205857.52    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Magnolia Pointe Municipal Utility District No. 1                                      | Magnolia Pointe Municipal Utility District No. 1                                             | CUSIP: 559675CC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $490921.59    | 0.02%             | 2025-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $964548.02    | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                       | DeKalb County Housing Authority, Series 2022B                                                | CUSIP: 240471PJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    378000 | PA      | $377144.13    | 0.01%             | 2025-09-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JHA4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    505000 | PA      | $507577.27    | 0.02%             | 2033-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                              | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  16249000 | PA      | $11407831.44  | 0.43%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $500564.98    | 0.02%             | 2029-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                        | CUSIP: 717883UU4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1917384.22   | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                         | King County Housing Authority, Series 2023A1                                                 | CUSIP: 49477AAA6<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   5850000 | PA      | $5902891.61   | 0.22%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CKV5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2126978.07   | 0.08%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2022-3                                       | CUSIP: 98322QZM2<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    380000 | PA      | $382805.81    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1379653.28   | 0.05%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAB0<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251304.88   | 0.05%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155401.94    | 0.01%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                                   | Port of Portland OR Airport Revenue                                                          | CUSIP: 735240L35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002132.40   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPX1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    850000 | PA      | $865247.39    | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2184469.00   | 0.08%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7317257.50   | 0.28%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                               | Nevada Housing Division, Series 2024                                                         | CUSIP: 641272HR3<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2308087.85   | 0.09%             | 2028-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1015082.66   | 0.04%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3590000 | PA      | $3696168.87   | 0.14%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Series 2025 B-2                                     | CUSIP: 64972KKJ3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5028902.50   | 0.19%             | 2064-11-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                         | Maryland Community Development Administration                                                | CUSIP: 57419RNK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $159650.78    | 0.01%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $94075.82     | 0.00%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St Clair County Community Unit School District No. 187 Cahokia, Series 2024B                 | CUSIP: 788550MR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $566934.64    | 0.02%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515151.30    | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Elgin TX                                                                      | City of Elgin                                                                                | CUSIP: 286525TA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120112.33    | 0.00%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                    | Plaza at Noah's Ark Community Improvement District                                           | CUSIP: 72813LAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $147832.83    | 0.01%             | 2026-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority (The)                                             | Camden County Improvement Authority (The), Series 2024                                       | CUSIP: 13281RAF0<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3669657.46   | 0.14%             | 2027-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1896095.89   | 0.07%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2023 A                                         | CUSIP: 717883ZZ8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1395480.99   | 0.05%             | 2038-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389T81<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2272365.76   | 0.09%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389T73<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3811857.14   | 0.15%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane County School District No. 131 Aurora East Side                                  | Kane County School District No. 131 Aurora East Side                                         | CUSIP: 484008NG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $343012.30    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVL0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1432107.73   | 0.05%             | 2025-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2005249.42   | 0.08%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                       | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2909734.97   | 0.11%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Housing Finance Authority                                                 | Puerto Rico Housing Finance Authority                                                        | CUSIP: 74528CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1575000 | PA      | $1594402.90   | 0.06%             | 2027-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                                    | County of Bexar                                                                              | CUSIP: 088518NV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $303745.24    | 0.01%             | 2026-08-15      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| University of West Alabama                                                            | University of West Alabama                                                                   | CUSIP: 915235EA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102119.82    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2337160.22   | 0.09%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4L9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    600000 | PA      | $655424.34    | 0.02%             | 2033-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp.                                                           | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  19000000 | PA      | $19488184.10  | 0.74%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1380676.63   | 0.05%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                     | State of New York Mortgage Agency Homeowner Mortgage                                         | CUSIP: 64988YPQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2040461.00   | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125108.51    | 0.00%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2023A                                           | CUSIP: 167562RX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067975.70   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMJ9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2335450.29   | 0.09%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                | Illinois Housing Development Authority, Series 2024C2                                        | CUSIP: 45202BSG2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   5850000 | PA      | $5854241.84   | 0.22%             | 2032-08-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRH4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    850000 | PA      | $851775.74    | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                                   | St Louis Land Clearance for Redevelopment Authority                                          | CUSIP: 791652HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301294.47    | 0.01%             | 2026-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Hospital & Health Facilities Authority                                   | Wayne County Hospital & Health Facilities Authority                                          | CUSIP: 946016JS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511767.60    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                       | Transbay Joint Powers Authority                                                              | CUSIP: 89356CAC0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1169592.32   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505WN2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1291836.92   | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2025A                                             | CUSIP: 01728LKK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3440766.87   | 0.13%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FWJ9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084980.80   | 0.04%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4K1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    600000 | PA      | $652683.30    | 0.02%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Board of the City of Mobile Alabama                            | Industrial Development Board of the City of Mobile Alabama                                   | CUSIP: 607167DZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2985276.30   | 0.11%             | 2034-06-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency, Series 2022                                     | CUSIP: 25477PQB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2995914.90   | 0.11%             | 2042-08-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                            | South Dakota Housing Development Authority, Series 2025 A                                    | CUSIP: 83756LBS3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $7038233.13   | 0.27%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2023 SUB E2                             | CUSIP: 6461085R7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5429979.50   | 0.21%             | 2027-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349CA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001744.30   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority                                          | CUSIP: 658262GJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250186.70    | 0.01%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8845000 | PA      | $9142066.40   | 0.35%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CX7<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    225000 | PA      | $228772.80    | 0.01%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPU7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507506.30   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595GB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $439435.65    | 0.02%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM30<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    145000 | PA      | $143466.23    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $361076.45    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $491477.85    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority                                                        | CUSIP: 647201VB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4940000 | PA      | $5338062.73   | 0.20%             | 2053-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12400068.00  | 0.47%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City                                                                       | CUSIP: 795576GY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5195207.00   | 0.20%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                      | Park Creek Metropolitan District                                                             | CUSIP: 700387EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1298571.57   | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                           | Development Authority of Burke County (The)                                                  | CUSIP: 121342QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $753838.50    | 0.03%             | 2032-10-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762323AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $890553.56    | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9500000 | PA      | $9827818.40   | 0.37%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Lycoming County Authority                                                             | Lycoming County Authority                                                                    | CUSIP: 550802KL5<br>LEI: 549300TCAO8EBJY0O782 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501074.60    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4N5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    750000 | PA      | $818517.30    | 0.03%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board                                                           | CUSIP: 60636SHR8<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    500000 | PA      | $459017.35    | 0.02%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYM7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    460000 | PA      | $464509.29    | 0.02%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 645780FS1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1104789.14   | 0.04%             | 2025-12-01      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                     | North Carolina Turnpike Authority                                                            | CUSIP: 65830RBD0<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515616.35   | 0.06%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                                 | State of Hawaii Harbor System                                                                | CUSIP: 41981TGX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258034.33    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CY5<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    275000 | PA      | $280365.77    | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2025 A                                                 | CUSIP: 56035DJZ6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4295000 | PA      | $4533869.86   | 0.17%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $84926.46     | 0.00%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority (The)                                                   | Atlanta Development Authority (The), Series 2024A-1                                          | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1781886.41   | 0.07%             | 2034-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima (The)                          | Industrial Development Authority of the County of Pima (The), Series 2023B                   | CUSIP: 721905QE0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   6210000 | PA      | $6829056.89   | 0.26%             | 2055-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                           | Vancouver Housing Authority, Series 2024                                                     | CUSIP: 921626PT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12065000 | PA      | $11790638.28  | 0.45%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Alabama Docks Department                                                     | State of Alabama Docks Department, Series 2017 A                                             | CUSIP: 010604BX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003407.90   | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $479542.33    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                               | Columbus Metropolitan Housing Authority, Series 2024                                         | CUSIP: 199518AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1958407.67   | 0.07%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452017AD8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    195000 | PA      | $204794.66    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp.                                         | Rhode Island Housing & Mortgage Finance Corp., Series 2025 1-A                               | CUSIP: 76221SJS1<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2524696.10   | 0.10%             | 2055-10-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Texas State Affordable Housing Corp.                                                  | Texas State Affordable Housing Corp., Series 2023                                            | CUSIP: 88271FFQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2110838.94   | 0.08%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                                 | County of Cuyahoga                                                                           | CUSIP: 2322655G9<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015626.20   | 0.08%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151AX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400718.72    | 0.02%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPV5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015027.00   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $434301.51    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp.                                   | CUSIP: 87638RFL6<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1673121.15   | 0.06%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Escambia County Housing Finance Authority                                             | Escambia County Housing Finance Authority, Series 2024                                       | CUSIP: 296121FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4518102.60   | 0.17%             | 2027-06-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Toll Road Investors Partnership II LP                                                 | Toll Road Investors Partnership II LP                                                        | CUSIP: 88948ABD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1573000 | PA      | $1328709.75   | 0.05%             | 2028-02-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $326280.70    | 0.01%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMK7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    425000 | PA      | $432793.35    | 0.02%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority (The)                                            | Illinois Sports Facilities Authority (The)                                                   | CUSIP: 452143EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $966737.00    | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CU3<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    130000 | PA      | $130070.46    | 0.00%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1603222.72   | 0.06%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3482871.28   | 0.13%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax                                 | CUSIP: 167510AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1622056.50   | 0.06%             | 2033-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $492175.80    | 0.02%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UC8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2825929.98   | 0.11%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2024-1A                                      | CUSIP: 10623ACS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $2795592.90   | 0.11%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771887.55    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp., Series 2023 B                                                 | CUSIP: 34074HGZ9<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4093431.80   | 0.16%             | 2027-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Toll Road Investors Partnership II LP                                                 | Toll Road Investors Partnership II LP                                                        | CUSIP: 88948ABB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7427000 | PA      | $7069767.69   | 0.27%             | 2026-02-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JSF9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |  17950000 | PA      | $17470253.94  | 0.66%             | 2060-11-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Series 2024A                                                             | CUSIP: 917437EP6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1964227.57   | 0.07%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine                                                                   | CUSIP: 56042TCC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $331790.78    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                                | State Public School Building Authority                                                       | CUSIP: 85732NAD7<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    375000 | PA      | $375634.95    | 0.01%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $326520.90    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                                   | Puerto Rico Commonwealth Aqueduct & Sewer Authority                                          | CUSIP: 745160TB7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    265000 | PA      | $265426.81    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCD8<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    860000 | PA      | $878483.29    | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    725000 | PA      | $752672.82    | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority                                                       | Dallas Area Municipal Authority                                                              | CUSIP: 235171AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $224959.77    | 0.01%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $731010.32    | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                            | New Mexico Hospital Equipment Loan Council                                                   | CUSIP: 647370KB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013666.70   | 0.04%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. III                                    | Texas Municipal Gas Acquisition & Supply Corp. III                                           | CUSIP: 88256HBG2<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   9885000 | PA      | $10320725.86  | 0.39%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                     | State of New York Mortgage Agency                                                            | CUSIP: 64988RFN7<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1947849.73   | 0.07%             | 2028-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2015A                                             | CUSIP: 392274H82<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500934.25   | 0.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311301.81    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012X2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2399217.62   | 0.09%             | 2031-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCK8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    425000 | PA      | $425261.72    | 0.02%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E7J1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1566115.20   | 0.06%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rochester Area School District                                                        | Rochester Area School District                                                               | CUSIP: 771738GX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2025-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2019                                                                 | CUSIP: 735389G85<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   9685000 | PA      | $10085390.49  | 0.38%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885FEG8<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    855000 | PA      | $843793.34    | 0.03%             | 2026-07-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Hammond Multi-School Building Corp.                                                   | Hammond Multi-School Building Corp.                                                          | CUSIP: 408395RK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503908.40   | 0.06%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3471731.17   | 0.13%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKC8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    850000 | PA      | $866269.60    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $917171.64    | 0.03%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2018A                                             | CUSIP: 64990FJG0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3070000 | PA      | $3187058.18   | 0.12%             | 2039-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5530251.10   | 0.21%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency, Series 2022                                                     | CUSIP: 676900WZ2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   7460000 | PA      | $7457662.78   | 0.28%             | 2025-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority                                                            | CUSIP: 451295ZK8<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028733.20   | 0.08%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The)                                               | CUSIP: 592190QM7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1368092.25   | 0.05%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                         | Doylestown Hospital Authority, Series 2024                                                   | CUSIP: 261333HH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1460699.38   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486N54<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035934.70   | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1970536.74   | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, Series 2024                                      | CUSIP: 596681AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $378495.68    | 0.01%             | 2039-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025B-3                         | CUSIP: 64542UHK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2204263.35   | 0.08%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority                                                  | CUSIP: 593344BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4268546.15   | 0.16%             | 2026-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp.                                                  | City of Dallas Housing Finance Corp.                                                         | CUSIP: 235298BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2749025.51   | 0.10%             | 2044-02-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323CY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1898053.47   | 0.07%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204EYS1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $756639.83    | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University                                                            | CUSIP: 66433RAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203607.20    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2023A                                       | CUSIP: 63610TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15025000 | PA      | $15113984.06  | 0.57%             | 2038-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                                    | City of Whiting                                                                              | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5008918.00   | 0.19%             | 2045-11-01      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMH3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2279422.13   | 0.09%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark Housing Authority                                                              | Newark Housing Authority                                                                     | CUSIP: 65038HAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1865332.99   | 0.07%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BNA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $129396.96    | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Series 2023                                                       | CUSIP: 45470ECY9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3403625.26   | 0.13%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                           | Oklahoma Turnpike Authority, Series 2025B                                                    | CUSIP: 679111F33<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1780487.61   | 0.07%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TQ9<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    975000 | PA      | $1017240.51   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports                                                   | CUSIP: 544445BQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1368283.32   | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVM8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3305000 | PA      | $3194094.45   | 0.12%             | 2026-05-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    900000 | PA      | $944247.87    | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                                | Viridian Municipal Management District                                                       | CUSIP: 92823PMY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $586111.84    | 0.02%             | 2025-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                      | CUSIP: 613603ZY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063447.70   | 0.04%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115377.28    | 0.00%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $763327.43    | 0.03%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JA35<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3007256.40   | 0.11%             | 2062-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1222700.89   | 0.05%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYQ8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    790000 | PA      | $773805.47    | 0.03%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04084RCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6545000 | PA      | $6594616.34   | 0.25%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Building Authority                                                         | New Jersey Building Authority                                                                | CUSIP: 645771YU4<br>LEI: 549300YJLPPJFRLYB368 | Long             | DBT              | MUN               | US        |    795000 | PA      | $796468.13    | 0.03%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lincoln Consolidated School District                                                  | Lincoln Consolidated School District                                                         | CUSIP: 533883PZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.04%             | 2025-05-01      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VT5<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1458066.75   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                           | CUSIP: 392275AW3<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1462021.83   | 0.06%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency, Series BDS 2024A                                                | CUSIP: 67737RAE9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   7262829 | PA      | $7477058.85   | 0.28%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Dekalb County Central School Building Corp.                                           | Dekalb County Central School Building Corp.                                                  | CUSIP: 24487TBG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570487.98    | 0.02%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                          | South Carolina State Housing Finance & Development Authority                                 | CUSIP: 83712DS98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1007523.76   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74444VBJ8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    255000 | PA      | $253022.30    | 0.01%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $289670.84    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208780.92    | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2023A                                           | CUSIP: 167562RW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064427.50   | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education, Series 2023A                                                     | CUSIP: 167505ZA7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5102655.50   | 0.19%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue          | Pennsylvania Economic Development Financing Authority Parking System, Series 2024 C          | CUSIP: 70870EFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $923981.91    | 0.04%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UD6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2327833.35   | 0.09%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $362609.98    | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $318283.04    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                     | Antonio B Won Pat International Airport Authority                                            | CUSIP: 40064REJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    450000 | PA      | $414046.31    | 0.02%             | 2031-10-01      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                          | New Mexico Finance Authority, Series 2025 A-2                                                | CUSIP: 64711PRY8<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    775000 | PA      | $784954.57    | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax, Series 2016                    | CUSIP: 167510AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5142005.50   | 0.20%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                           | CUSIP: 60637ATZ5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    420000 | PA      | $412202.41    | 0.02%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2821006.38   | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University                                                            | CUSIP: 66433RBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $141066.85    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $941405.40    | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136ER8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3485000 | PA      | $3057843.90   | 0.12%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2023 C  | CUSIP: 79766DVP1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8108400.75   | 0.31%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Series 2024                                                              | CUSIP: 917434DF6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005646.00   | 0.08%             | 2043-08-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                            | Delaware Valley Regional Finance Authority                                                   | CUSIP: 246579LK0<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4066036.98   | 0.15%             | 2029-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008076.10   | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2691993.00   | 0.10%             | 2033-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSR6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    460000 | PA      | $454196.18    | 0.02%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200491.16    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2023 C  | CUSIP: 79766DVQ9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4834602.45   | 0.18%             | 2036-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority, Series VV                                              | CUSIP: 74526YGS8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    625000 | PA      | $619557.38    | 0.02%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286KR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $546009.77    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Series 2023B                                    | CUSIP: 593344BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751091.65   | 0.07%             | 2026-09-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Syracuse Regional Airport Authority                                                   | Syracuse Regional Airport Authority                                                          | CUSIP: 871740AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750423.90    | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                   | Austin Convention Enterprises, Inc., Series A                                                | CUSIP: 052409DP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1148471.36   | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax, Series 2016                    | CUSIP: 167510AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7740000 | PA      | $7992365.80   | 0.30%             | 2036-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                        | Lee County Industrial Development Authority, Series 2024 B-3                                 | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4963686.00   | 0.19%             | 2029-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                      | Park Creek Metropolitan District                                                             | CUSIP: 700387EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504021.60    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                            | CUSIP: 4521525G2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5365000 | PA      | $5549654.72   | 0.21%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency, Series 2025 B                                   | CUSIP: 25477TBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1337704.92   | 0.05%             | 2029-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183041.48    | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $409012.58    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCL6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    325000 | PA      | $329096.17    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DN9<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    800000 | PA      | $837806.48    | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The), Series 2013           | CUSIP: 71884RAA0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25000000.00  | 0.95%             | 2035-12-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                      | Raleigh Durham Airport Authority                                                             | CUSIP: 751073KY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $645000.00    | 0.02%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                   | California Public Finance Authority                                                          | CUSIP: 13057EDS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $398992.92    | 0.02%             | 2025-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                       | CUSIP: 67754AAC8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    305000 | PA      | $301858.16    | 0.01%             | 2028-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| California Housing Finance Agency                                                     | California Housing Finance Agency, Series 2024 U                                             | CUSIP: 13034DAN4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2313189.82   | 0.09%             | 2034-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $455793.40    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                                | New York State Energy Research & Development Authority                                       | CUSIP: 649845HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6800000 | PA      | $6831275.92   | 0.26%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                            | Southern California Public Power Authority, Series 2024 A                                    | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2849296.13   | 0.11%             | 2055-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2109033.79   | 0.08%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101650.42    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CVX7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    750000 | PA      | $740062.20    | 0.03%             | 2025-10-01      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $795273.88    | 0.03%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                                 | State of Hawaii Harbor System                                                                | CUSIP: 41981TGV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350641.34    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron Bath Copley Joint Township Hospital District                                    | Akron Bath Copley Joint Township Hospital District                                           | CUSIP: 009730PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $541061.10    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVN6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1223642.79   | 0.05%             | 2026-11-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $459405.77    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BNC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $141621.90    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Rancho Unified School District                                                     | El Rancho Unified School District                                                            | CUSIP: 283839F78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2231049.00   | 0.08%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648VBG3<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   4520000 | PA      | $4460426.85   | 0.17%             | 2041-01-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education, Series 2023A                                                     | CUSIP: 167505ZB5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   7145000 | PA      | $7372485.37   | 0.28%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority, Series 2024 B                                 | CUSIP: 57563RTZ2<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4660980.30   | 0.18%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                      | Minnesota Housing Finance Agency, Series 2023 O                                              | CUSIP: 60416T5P9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   4735000 | PA      | $5048587.69   | 0.19%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc. NY                                                                        | TSASC, Inc.                                                                                  | CUSIP: 898526EU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2026805.00   | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024 A-2A                                     | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1157000 | PA      | $1208431.66   | 0.05%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                                           | George L Smith II Congress Center Authority                                                  | CUSIP: 37255MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $908490.50    | 0.03%             | 2031-01-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885DCR1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1124562.57   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FRJ6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    485000 | PA      | $485895.41    | 0.02%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                       | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3445474.45   | 0.13%             | 2030-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $752645.48    | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2443018.19   | 0.09%             | 2035-06-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325287.11    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885DCT7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152889.06    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                              | City of Houston                                                                              | CUSIP: 44237NLH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $230453.58    | 0.01%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UJV1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    430000 | PA      | $430024.25    | 0.02%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                        | La Paz County Industrial Development Authority                                               | CUSIP: 50376FAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $571162.62    | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSG1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1074162.93   | 0.04%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Columbus County Industrial Facilities & Pollution Control Financing Authority         | Columbus County Industrial Facilities & Pollution Control Financing Authority                | CUSIP: 199048AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996093.50    | 0.04%             | 2034-05-01      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VE8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037900.00   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Travis County Housing Finance Corp.                                                   | Travis County Housing Finance Corp.                                                          | CUSIP: 89438UBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4665000 | PA      | $4680994.42   | 0.18%             | 2045-06-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ATB8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2619403.38   | 0.10%             | 2049-11-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3E6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $751118.55    | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Higher Education Facilities Authority                                      | Washington Higher Education Facilities Authority                                             | CUSIP: 9397815N6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4652087.00   | 0.18%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048108.40   | 0.08%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp.                                                       | CUSIP: 187145QM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1398931.43   | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Boone KY                                                                    | County of Boone                                                                              | CUSIP: 098792AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4492347.75   | 0.17%             | 2027-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150081.68    | 0.01%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village of Bolingbrook IL                                                             | Village of Bolingbrook                                                                       | CUSIP: 09755VBB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518061.05   | 0.06%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AD9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507481.80    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hazard KY                                                                     | City of Hazard                                                                               | CUSIP: 421381AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $228584.34    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BNB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130371.90    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Huber Heights OH                                                              | City of Huber Heights                                                                        | CUSIP: 443524XB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4905644.80   | 0.19%             | 2025-07-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency                                                                  | CUSIP: 67756Q2H9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   5180000 | PA      | $5442217.30   | 0.21%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UJX7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    565000 | PA      | $578763.12    | 0.02%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FRN7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    590000 | PA      | $596031.28    | 0.02%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1402087.96   | 0.05%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $438626.06    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024 B-1                                      | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4654074 | PA      | $3341209.99   | 0.13%             | 2044-06-30      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Pasco County School Board                                                             | Pasco County School Board                                                                    | CUSIP: 702528MC1<br>LEI: 549300NYEDMC7IDJPE68 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100352.58    | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1177309.40   | 0.04%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486D63<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042588.60   | 0.08%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMY7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540536.15   | 0.06%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                               | Louisa Industrial Development Authority                                                      | CUSIP: 546068AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $920046.87    | 0.04%             | 2035-11-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $300839.91    | 0.01%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167501VD4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1805064.61   | 0.07%             | 2026-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                                 | City of Valparaiso, Series 2024                                                              | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2454244.38   | 0.09%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                               | Chattanooga Health Educational & Housing Facility Board, Series 2023                         | CUSIP: 162404DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011840.20   | 0.08%             | 2029-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                       | DeKalb County Housing Authority, Series 2024                                                 | CUSIP: 240471PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12880000 | PA      | $12582904.77  | 0.48%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brownsville Navigation District                                                       | Brownsville Navigation District                                                              | CUSIP: 116439KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009069.80   | 0.04%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1489192.27   | 0.06%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PG9<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    635000 | PA      | $665262.13    | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority (The)                                            | Illinois Sports Facilities Authority (The)                                                   | CUSIP: 452143FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2527757.21   | 0.10%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                         | CUSIP: 19645RA35<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1040748.59   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 455059AJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1609907.87   | 0.06%             | 2038-12-01      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp.                                         | Rhode Island Housing & Mortgage Finance Corp., Series 2025 1-B                               | CUSIP: 76221SJT9<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4942725.00   | 0.19%             | 2028-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2024                              | CUSIP: 83704DAP1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2130477.28   | 0.08%             | 2027-12-15      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MCT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $495862.41    | 0.02%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    530000 | PA      | $530830.93    | 0.02%             | 2044-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1638567.61   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency, Series 2023 B                                           | CUSIP: 708797BC8<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503237.35    | 0.02%             | 2026-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049383.40   | 0.04%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron Bath Copley Joint Township Hospital District                                    | Akron Bath Copley Joint Township Hospital District                                           | CUSIP: 009730PK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $249926.16    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                                    | Wisconsin Housing & Economic Development Authority, Series 2024 I                            | CUSIP: 97689RFF6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3336751.28   | 0.13%             | 2058-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                      | California Pollution Control Financing Authority                                             | CUSIP: 130536QR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4993350.50   | 0.19%             | 2025-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3F3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1316247.01   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                           | CUSIP: 199546CP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4531220.89   | 0.17%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45506ECB7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    115000 | PA      | $108206.19    | 0.00%             | 2028-11-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCH9<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1079316.65   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4J4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    375000 | PA      | $405151.16    | 0.02%             | 2031-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hammond Multi-School Building Corp.                                                   | Hammond Multi-School Building Corp.                                                          | CUSIP: 408395RM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1234784.07   | 0.05%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1610574.78   | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712D6X9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4058502.00   | 0.15%             | 2051-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577B4C5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018042.40   | 0.04%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                              | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  17250000 | PA      | $17921602.88  | 0.68%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Forsyth MT                                                                    | City of Forsyth, Series 2010A                                                                | CUSIP: 346668DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6220000 | PA      | $6078835.86   | 0.23%             | 2032-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 645780FT9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2337794.34   | 0.09%             | 2034-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2008651.12   | 0.08%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                        | Lamar Consolidated Independent School District                                               | CUSIP: 513174G97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2055852.95   | 0.08%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885DCS9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    600000 | PA      | $608870.40    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1436800.85   | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $749258.14    | 0.03%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712DKF2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4298172.38   | 0.16%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Series 2023                                           | CUSIP: 64719HEM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2375329.41   | 0.09%             | 2042-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AE7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513834.70    | 0.02%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Redevelopment & Housing Authority                                      | Fairfax County Redevelopment & Housing Authority, Series 2021                                | CUSIP: 303833LD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14480000 | PA      | $14471786.94  | 0.55%             | 2025-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648VBH1<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1873263.15   | 0.07%             | 2038-12-01      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City                                                                       | CUSIP: 795576FJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1993806.87   | 0.08%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $563061.02    | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                               | Columbus Metropolitan Housing Authority, Series 2024                                         | CUSIP: 19951AAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2648151.47   | 0.10%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $671516.69    | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                        | Texas Public Finance Authority                                                               | CUSIP: 88277PAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                               | Lehigh County General Purpose Authority, Series 2024                                         | CUSIP: 52480RFY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536893.25    | 0.02%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $391887.13    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                              | CUSIP: 49126KJT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1749665.93   | 0.07%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                     | CUSIP: 5444452M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4274885.20   | 0.16%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                  | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1521000 | PA      | $1612541.54   | 0.06%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2019B                                           | CUSIP: 19648FXC3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  17720000 | PA      | $18030314.41  | 0.69%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $263920.36    | 0.01%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** MFS Series Trust IX

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer