# EDGAR Filing Document

**Accession Number:** 0002060415
**File Stem:** 0002071691-25-010104
**Filing Date:** 2025-12
**Character Count:** 35173
**Document Hash:** a3340f873cde16d424ee5fc6e89c8024
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-010104.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0002071691-25-010104

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First Eagle Completion Fund Trust
- **CENTRAL INDEX KEY:** 0002060415

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24076
- **FILM NUMBER:** 251608599

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** (212) 698-3300

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Eagle High Yield Municipal Completion Fund

- **b. Investment Company Act file number:** 811-24076

- **c. CIK number of Registrant:** 0002060415

- **d. LEI of Registrant:** 254900TB1T20N5EOZD53

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

  - **Street Address 1:** 1345 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 800-334-2143

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

- **a. Name of Series:** First Eagle High Yield Municipal Completion Fund

- **b. EDGAR series identifier (if any):** S000093420

- **c. LEI of Series:** 549300FZB4XB5JCHXV67

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $17266460.84

**Total Liabilities:** $2352611.00

**Net Assets:** $14913849.84

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -4.33448998 | **1-Year:** -123.62004577 | **5-Year:** -615.54914890 | **10-Year:** -1931.00183251 | **30-Year:** -1182.42359209

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

- **3-Month:** -30.62635600 | **1-Year:** -382.05035395 | **5-Year:** -1822.07289557 | **10-Year:** -4379.97336326 | **30-Year:** -1779.66576781

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261678 |  |  | 1.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $-0.10                   | $163869.98                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Indiana Finance Authority                                                    | Indiana Finance Authority, Series 2025 A                                             | CUSIP: 45470EEV3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249617.15    | 1.67%             | 2060-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Kaweah Delta Health Care District Guild                                      | Kaweah Delta Health Care District Guild, Series 2015 B                               | CUSIP: 486375HB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $372428.56    | 2.50%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                           | South Carolina Jobs-Economic Development Authority, Series 2025 A                    | CUSIP: 83704MFT8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149284.19    | 1.00%             | 2065-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                  | Ohio Housing Finance Agency, Series 2025 A                                           | CUSIP: 676900YF4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    300000 | PA      | $302941.47    | 2.03%             | 2045-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                  | Ohio Housing Finance Agency, Series 2025 A                                           | CUSIP: 676900YD9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    300000 | PA      | $302941.47    | 2.03%             | 2045-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                  | Connecticut State Health & Educational Facilities Authority, Series N                | CUSIP: 20775DDY5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     10000 | PA      | $7539.23      | 0.05%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                       | Iowa Finance Authority, Series 2024 A                                                | CUSIP: 46247SFV1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    300000 | PA      | $281020.14    | 1.88%             | 2059-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                           | Montana Facility Finance Authority, Series 2020 A                                    | CUSIP: 612043LN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $122748.57    | 0.82%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                     | West Virginia Hospital Finance Authority, Series 2018 A                              | CUSIP: 956622S47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $37589.44     | 0.25%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                            | City of Celina, Series 2025                                                          | CUSIP: 15114CKY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $635809.69    | 4.26%             | 2055-09-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                          | Wisconsin Health & Educational Facilities Authority, Series 2018 B                   | CUSIP: 97671VBE4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     50000 | PA      | $48326.61     | 0.32%             | 2033-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                               | New Jersey Transportation Trust Fund Authority                                       | CUSIP: 64613CHS0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    300000 | PA      | $310899.64    | 2.08%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                  | Washington State Housing Finance Commission, Series 2021 A                           | CUSIP: 93978LGG5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    400000 | PA      | $344495.40    | 2.31%             | 2050-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Coralville IA                                                        | City of Coralville, Series 2016 E                                                    | CUSIP: 218086CQ7<br>LEI: 549300UKC7MMW46X6P25 | Long             | DBT              | MUN               | US        |      5000 | PA      | $4137.80      | 0.03%             | 2036-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | Illinois Finance Authority, Series 2019                                              | CUSIP: 45204E7C6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    130000 | PA      | $113165.00    | 0.76%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Southeastern Ohio Port Authority                                             | Southeastern Ohio Port Authority, Series 2015                                        | CUSIP: 841895AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $459273.90    | 3.08%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                    | Indiana Finance Authority, Series 2017                                               | CUSIP: 45506DF67<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     40000 | PA      | $38932.38     | 0.26%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Industrial Development Authority                                | Berks County Industrial Development Authority, Series 2017                           | CUSIP: 08451PAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $12608.99     | 0.08%             | 2042-11-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| County of Boone MO                                                           | County of Boone, Series 2016                                                         | CUSIP: 098867GB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $304379.04    | 2.04%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Foster Farm Business Improvement District                                    | Foster Farm Business Improvement District, Series 2025 A                             | CUSIP: 350076AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $401190.55    | 2.69%             | 2055-12-01      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Schaumburg Cook & DuPage Counties IL                                         | Schaumburg Cook & DuPage Counties, Series 2025                                       | CUSIP: 806345AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $441526.05    | 2.96%             | 2038-12-30      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                         | New Hope Cultural Education Facilities Finance Corp., Series 2025 A                  | CUSIP: 64542PGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $424274.67    | 2.84%             | 2056-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                           | Rhode Island Health and Educational Building Corp., Series 2025 B                    | CUSIP: 762244PC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $622977.00    | 4.18%             | 2065-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | Illinois Finance Authority, Series 2022 A                                            | CUSIP: 45204FSQ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    140000 | PA      | $146747.57    | 0.98%             | 2058-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                             | Onondaga Civic Development Corp., Series 2024 A                                      | CUSIP: 682832KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $444702.60    | 2.98%             | 2044-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| JPMorgan US Government Money Market Fund                                     | JPMorgan US Government Money Market Fund                                             | CUSIP: 4812C0670<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |    915553 | NS      | $915553.41    | 6.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Memorial Hospital District                                          | Citizens Memorial Hospital District, Series 2024 D                                   | CUSIP: 174762EY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $74427.86     | 0.50%             | 2053-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| City of Wichita KS                                                           | City of Wichita, Series 2019 III                                                     | CUSIP: 967249QU0<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |     70000 | PA      | $58965.47     | 0.40%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuBois Hospital Authority                                                    | DuBois Hospital Authority, Series 2018                                               | CUSIP: 263804BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $11231.58     | 0.08%             | 2048-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                    | Indiana Finance Authority, Series 2017                                               | CUSIP: 45506DF42<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     10000 | PA      | $9879.29      | 0.07%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hunt Memorial Hospital District Charitable Health                            | Hunt Memorial Hospital District Charitable Health, Series 2020                       | CUSIP: 445656FA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $52034.91     | 0.35%             | 2040-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Savannah Georgia Convention Center Authority                                 | Savannah Georgia Convention Center Authority, Series 2025 B                          | CUSIP: 804828AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $348176.01    | 2.33%             | 2050-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                     | Public Finance Authority, Series 2025                                                | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258171.98    | 1.73%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                             | East Central Vermont Telecommunications District, Series 2016 A                      | CUSIP: 271524AE0<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |      5000 | PA      | $4999.66      | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Indiana Finance Authority                                                    | Indiana Finance Authority, Series 2014                                               | CUSIP: 45506DMT9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14428.03     | 0.10%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Industrial Development Authority                                | Berks County Industrial Development Authority, Series 2017                           | CUSIP: 08451PAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $31595.50     | 0.21%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | Public Finance Authority, Series 2024 A                                              | CUSIP: 74448DBB1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $498701.90    | 3.34%             | 2030-09-16      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                             | East Central Vermont Telecommunications District, Series 2017 A                      | CUSIP: 271524AL4<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20008.36     | 0.13%             | 2040-12-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Nolan County Hospital District                                               | Nolan County Hospital District, Series 2014                                          | CUSIP: 65528GBM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $172487.70    | 1.16%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                           | Miami-Dade County Industrial Development Authority, Series 2022 A                    | CUSIP: 59334GAM9<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |    250000 | PA      | $224804.95    | 1.51%             | 2052-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                         | Colorado Health Facilities Authority, Series 2018 B                                  | CUSIP: 19648FJA3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    100000 | PA      | $83921.87     | 0.56%             | 2053-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                    | Indiana Finance Authority, Series 2017                                               | CUSIP: 45506DF59<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $16911.78     | 0.11%             | 2037-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                  | Shelby County Health Educational & Housing Facilities Board, Series 2013 A           | CUSIP: 821697H77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $26371.62     | 0.18%             | 2041-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority (The)                                          | Atlanta Development Authority (The), Series 2025 A                                   | CUSIP: 04777LDW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258272.13    | 1.73%             | 2055-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                   | Westchester County Local Development Corp., Series 2016                              | CUSIP: 95737TCC8<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    135000 | PA      | $115412.08    | 0.77%             | 2037-11-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority                                          | Lancaster County Hospital Authority, Series 2019 A                                   | CUSIP: 51404PAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $19833.27     | 0.13%             | 2044-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Jacinto Unified School District                                          | San Jacinto Unified School District                                                  | CUSIP: 797848KQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $485555.43    | 3.26%             | 2055-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| County of Washington OH                                                      | County of Washington, Series 2022                                                    | CUSIP: 938154DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $181309.35    | 1.22%             | 2052-12-01      | Fixed         | 6.75%                 | 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 2019 A | CUSIP: 71885DEH1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    485000 | PA      | $470628.14    | 3.16%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                    | Indiana Finance Authority, Series 2017                                               | CUSIP: 45506DF34<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     10000 | PA      | $8966.16      | 0.06%             | 2033-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                         | New Hope Cultural Education Facilities Finance Corp., Series 2021 A-1                | CUSIP: 64542PGC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $460300.65    | 3.09%             | 2057-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                   | Stamford Housing Authority, Series 2025 A                                            | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350159.29    | 2.35%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Coralville IA                                                        | City of Coralville, Series 2017 D-1                                                  | CUSIP: 218080EC9<br>LEI: 549300UKC7MMW46X6P25 | Long             | DBT              | MUN               | US        |     40000 | PA      | $34660.03     | 0.23%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Justin TX                                                            | City of Justin, Series 2025                                                          | CUSIP: 482184AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302048.40    | 2.03%             | 2055-09-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Greater Texas Cultural Education Facilities Finance Corp.                    | Greater Texas Cultural Education Facilities Finance Corp., Series 2024 A             | CUSIP: 39237QBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $461624.00    | 3.10%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                  | New Jersey Educational Facilities Authority, Series 2017 F                           | CUSIP: 646066Z78<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     20000 | PA      | $15303.27     | 0.10%             | 2037-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                           | South Carolina Jobs-Economic Development Authority, Series 2025 A1                   | CUSIP: 83704KAC4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    430000 | PA      | $431452.93    | 2.89%             | 2060-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Capital Trust Authority                                                      | Capital Trust Authority, Series 2024 A                                               | CUSIP: 14054WBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $218063.28    | 1.46%             | 2064-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| City of Galesburg IL                                                         | City of Galesburg, Series 2021 A                                                     | CUSIP: 363433BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $473340.06    | 3.17%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                           | New York Counties Tobacco Trust IV, Series 2005 A                                    | CUSIP: 62947YAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $656235.97    | 4.40%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                     | West Virginia Hospital Finance Authority, Series 2018 A                              | CUSIP: 956622S54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $7954.30      | 0.05%             | 2047-01-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                      | Capital Trust Authority, Series 2024 A                                               | CUSIP: 14054WAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $197938.14    | 1.33%             | 2060-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                     | Public Finance Authority, Series 2022 B                                              | CUSIP: 74447DAG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205577.48    | 1.38%             | 2062-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| City of Chicago IL                                                           | City of Chicago, Series 2019 A                                                       | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    400000 | PA      | $393467.76    | 2.64%             | 2049-01-01      | Fixed         | 5.50%                 | 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        |    825000 | PA      | $567505.13    | 3.81%             | 2044-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                   | Chicago Board of Education, Series 2017 A                                            | CUSIP: 167505RM0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519332.70    | 3.48%             | 2046-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                     | Public Finance Authority, Series 2022 A                                              | CUSIP: 74443DHJ3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     30000 | PA      | $27326.16     | 0.18%             | 2052-03-01      | Fixed         | 4.75%                 | 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: 79766DSA8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151516.19    | 1.02%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** First Eagle High Yield Municipal Completion Fund

**Signature:** Shuang Wu

**Name of Signer:** Shuang Wu

**Title:** Treasurer