# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001752724-23-049247
**Filing Date:** 2023-3
**Character Count:** 154969
**Document Hash:** 2c7319d5e957af740015e605ee4176c2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049247.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049247

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST
- **CENTRAL INDEX KEY:** 0000778365
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04409
- **FILM NUMBER:** 23690943

**BUSINESS ADDRESS:**
- **STREET 1:** TWO INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** TWO INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE HIGH YIELD MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19910203

## Series and Classes Contracts Data

### Eaton Vance California Municipal Opportunities Fund (Series ID: S000004860)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000013166 | Eaton Vance California Municipal Opportunities Fund Class A | EACAX           |
| C000013168 | Eaton Vance California Municipal Opportunities Fund Class C | ECCAX           |
| C000063954 | Eaton Vance California Municipal Opportunities Fund Class I | EICAX           |

## Nport-Ex

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited)

------

Corporate Bonds — 0.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other — 0.4% | Other — 0.4% | Other — 0.4% |
| Morongo Band of Mission Indians, 7.00%, 10/1/39<sup>(1)</sup> | $2080 | &nbsp;&nbsp;$2202866 |
| Total Corporate Bonds<br> (identified cost $2,080,000) |  | &nbsp;&nbsp;**$2202866** |

---

Tax-Exempt Mortgage-Backed Securities — 0.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing — 0.4% | Housing — 0.4% | Housing — 0.4% |
| California Housing Finance Agency, Municipal Certificates, Series 2021-1, Class A, 3.50%, 11/20/35 | $2558 | &nbsp;&nbsp;$2315148 |
| Total Tax-Exempt Mortgage-Backed Securities<br> (identified cost $2,852,457) |  | &nbsp;&nbsp;**$2315148** |

---

Tax-Exempt Municipal Obligations — 90.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 3.9% | Education — 3.9% | Education — 3.9% |
| California Educational Facilities Authority, (Chapman University), 5.00%, 4/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;$436396 |
| California Enterprise Development Authority, (The Thacher School), 4.00%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 454040 |
| California Infrastructure and Economic Development Bank, (The Colburn School), Social Bonds, 4.56%, (SIFMA + 0.90%), 6/1/27 (Put Date), 8/1/72<sup>(2)</sup> | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4805700 |
| California School Finance Authority, (Granada Hills Charter Obligated Group), 4.00%, 7/1/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;&nbsp;&nbsp; 422336 |
| California School Finance Authority, (Green Dot Public Schools): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 399498 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/38<sup>(1)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2564775 |
| California School Finance Authority, (KIPP SoCal Public Schools): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 106079 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 106787 |
| University of California Medical Center, 5.00%, 5/15/47 | 11240 | &nbsp;&nbsp;&nbsp;&nbsp; 12124588 |
|  |  | &nbsp;&nbsp;**$21420199** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electric Utilities — 3.1% | Electric Utilities — 3.1% | Electric Utilities — 3.1% |
| Los Angeles Department of Water and Power, CA, Power System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/46 | $5695 | &nbsp;&nbsp;$6141887 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/49 | 9185 | &nbsp;&nbsp;&nbsp;&nbsp; 9741978 |
| Vernon, CA, Electric System Revenue, 5.00%, 8/1/35 | 1420 | &nbsp;&nbsp;&nbsp;&nbsp; 1516574 |
|  |  | &nbsp;&nbsp;**$17400439** |
| Escrowed/Prerefunded — 2.3% | Escrowed/Prerefunded — 2.3% | Escrowed/Prerefunded — 2.3% |
| California Health Facilities Financing Authority, (Sutter Health): |  |  |
| &nbsp;&nbsp;&nbsp;Prerefunded to 11/15/25, 5.00%, 11/15/32 | $1040 | &nbsp;&nbsp;$1111032 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 11/15/25, 5.00%, 11/15/41 | 4985 | &nbsp;&nbsp;&nbsp;&nbsp; 5325476 |
| California Statewide Communities Development Authority, (The Redwoods, a Community of Seniors), Prerefunded to 11/15/23, 5.125%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp; 729264 |
| Oxnard Union High School District, CA, (Election of 2018), Prerefunded to 8/1/26, 5.00%, 8/1/35 | 1805 | &nbsp;&nbsp;&nbsp;&nbsp; 1957486 |
| San Luis Coastal Unified School District, CA, (Election of 2014), Prerefunded to 8/1/26, 5.00%, 8/1/36 | 3550 | &nbsp;&nbsp;&nbsp;&nbsp; 3849904 |
|  |  | &nbsp;&nbsp;**$12973162** |
| General Obligations — 28.1% | General Obligations — 28.1% | General Obligations — 28.1% |
| ABC Unified School District, CA, (Election of 2018), 4.00%, 8/1/47 | $5780 | &nbsp;&nbsp;$5613536 |
| Alisal Union School District, CA, (Election of 2016), 5.00%, 8/1/48 | 2780 | &nbsp;&nbsp;&nbsp;&nbsp; 3026419 |
| Baldwin Park Unified School District, CA, (Election of 2018), 3.00%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 281626 |
| Berryessa Union School District, CA, (Election of 2020), 4.00%, 8/1/39 | 1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1152024 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/1/37 | 11500 | &nbsp;&nbsp;&nbsp;&nbsp; 11767835 |
| &nbsp;&nbsp;&nbsp;4.55%, 12/1/37 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1070920 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/42 | 3300 | &nbsp;&nbsp;&nbsp;&nbsp; 3533079 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/42 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 11183800 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/52 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1094990 |
| Clovis Unified School District, CA, (Election of 2020), 5.25%, 8/1/39 | 1860 | &nbsp;&nbsp;&nbsp;&nbsp; 2088557 |
| Huntington Beach Union High School District, CA, 1.884%, 8/1/29 | 1775 | &nbsp;&nbsp;&nbsp;&nbsp; 1457807 |
| Kern Community College District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/24 | 1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1452542 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/37 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1738230 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/41 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1133330 |
| La Canada Unified School District, CA, (Election of 2017): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/41 | 1190 | &nbsp;&nbsp;&nbsp;&nbsp; 1388563 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| La Canada Unified School District, CA, (Election of 2017): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 8/1/43 | $1780 | &nbsp;&nbsp;$2104797 |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/50 | 6885 | &nbsp;&nbsp;&nbsp;&nbsp; 8176488 |
| Liberty Union High School District, CA, (Election of 2016), 3.00%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp; 771221 |
| Los Angeles Unified School District, CA, Sustainability Bonds, 5.25%, 7/1/47 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5552300 |
| Lucia Mar Unified School District, CA, (Election of 2016), 5.25%, 8/1/47 | 9000 | &nbsp;&nbsp;&nbsp;&nbsp; 10062900 |
| Mariposa County Unified School District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/40 | 1315 | &nbsp;&nbsp;&nbsp;&nbsp; 1387233 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | 1265 | &nbsp;&nbsp;&nbsp;&nbsp; 1332209 |
| Morgan Hill Unified School District, CA, (Election of 2012): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/40 | 3860 | &nbsp;&nbsp;&nbsp;&nbsp; 4434021 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/41 | 2440 | &nbsp;&nbsp;&nbsp;&nbsp; 2799412 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/42 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2298260 |
| Mountain View Whisman School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/38 | 1100 | &nbsp;&nbsp;&nbsp;&nbsp; 1115983 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/39 | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2216368 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/40 | 1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1301157 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/41 | 1100 | &nbsp;&nbsp;&nbsp;&nbsp; 1098273 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/42 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1244738 |
| &nbsp;&nbsp;&nbsp;4.25%, 9/1/45 | 5750 | &nbsp;&nbsp;&nbsp;&nbsp; 5806177 |
| Murrieta Valley Unified School District, CA, (Election of 2014), 5.25%, 9/1/51 | 5700 | &nbsp;&nbsp;&nbsp;&nbsp; 6398193 |
| Old Adobe Union School District, CA, (Election of 2018), 5.00%, 8/1/44 | 1860 | &nbsp;&nbsp;&nbsp;&nbsp; 1956292 |
| Oxnard Union High School District, CA, (Election of 2018), 4.00%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 602454 |
| Palo Alto Unified School District, CA, (Election of 2018), 5.00%, 8/1/25 | 10975 | &nbsp;&nbsp;&nbsp;&nbsp; 11643487 |
| Pomona Unified School District, CA, (Election of 2016), 5.25%, 8/1/43 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1677255 |
| Puerto Rico: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59 | &nbsp;&nbsp;&nbsp;&nbsp; 55108 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp; 124033 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp; 134846 |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/23 | 5099 | &nbsp;&nbsp;&nbsp;&nbsp; 5099974 |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/27 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2550175 |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/29 | 2045 | &nbsp;&nbsp;&nbsp;&nbsp; 2095859 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 394159 |
| San Bruno Park School District, CA, (Election of 2018), 5.00%, 8/1/53 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8695520 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| San Rafael City Elementary School District: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/42 | $1540 | &nbsp;&nbsp;$1518810 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/52 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4382880 |
| San Rafael City High School District: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/41 | 1245 | &nbsp;&nbsp;&nbsp;&nbsp; 1230633 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/52 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4360880 |
| Santa Clarita Community College District, CA, (Election of 2016), 5.25%, 8/1/45 | 2420 | &nbsp;&nbsp;&nbsp;&nbsp; 2718096 |
| Westminster School District, CA, (Election of 2016), 5.00%, 8/1/42 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1056130 |
|  |  | &nbsp;&nbsp;**$156379579** |
| Hospital — 7.3% | Hospital — 7.3% | Hospital — 7.3% |
| California Health Facilities Financing Authority, (Adventist Health System/West), 4.00%, 3/1/39 | $2665 | &nbsp;&nbsp;$2567594 |
| California Health Facilities Financing Authority, (Cedars-Sinai Health System): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/15/48 | 9270 | &nbsp;&nbsp;&nbsp;&nbsp; 8851089 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/15/51 | 4630 | &nbsp;&nbsp;&nbsp;&nbsp; 4923588 |
| California Health Facilities Financing Authority, (City of Hope): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp; 735191 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/35 | 1050 | &nbsp;&nbsp;&nbsp;&nbsp; 1050116 |
| California Health Facilities Financing Authority, (Lucile Salter Packard Children's Hospital at Stanford), 4.00%, 5/15/51 | 4225 | &nbsp;&nbsp;&nbsp;&nbsp; 4000019 |
| California Health Facilities Financing Authority, (Providence Health & Services), 5.00%, 10/1/44 | 4100 | &nbsp;&nbsp;&nbsp;&nbsp; 4141369 |
| California Health Facilities Financing Authority, (Providence St. Joseph Health), 5.00% to 10/1/27 (Put Date), 10/1/39 | 2275 | &nbsp;&nbsp;&nbsp;&nbsp; 2470309 |
| California Health Facilities Financing Authority, (St. Joseph Health System), Prerefunded to 7/1/23, 5.00%, 7/1/33 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1515150 |
| California Municipal Finance Authority, (NorthBay Healthcare Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 818280 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 204316 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 520510 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 168445 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 152610 |
| &nbsp;&nbsp;&nbsp;Series 2017A, 5.00%, 11/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 824744 |
| California Public Finance Authority, (Henry Mayo Newhall Hospital), 5.00%, 10/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 440661 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| California Statewide Communities Development Authority, (Methodist Hospital of Southern California), 5.00%, 1/1/38 | $2000 | &nbsp;&nbsp;$2072360 |
| University of California Medical Center, 5.00%, 5/15/41 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5196900 |
|  |  | &nbsp;&nbsp;**$40653251** |
| Housing — 0.5% | Housing — 0.5% | Housing — 0.5% |
| Independent Cities Finance Authority, CA, (Castle Mobile Estates), 3.00%, 5/15/36 | $1205 | &nbsp;&nbsp;$1076981 |
| Independent Cities Finance Authority, CA, (Vista de Santa Barbara Mobilehome Park), 3.00%, 9/15/36 | 1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1497697 |
|  |  | &nbsp;&nbsp;**$2574678** |
| Industrial Development Revenue — 6.4% | Industrial Development Revenue — 6.4% | Industrial Development Revenue — 6.4% |
| California Infrastructure and Economic Development Bank, (Infrastructure State Revolving Fund), 5.00%, 10/1/47 | $10000 | &nbsp;&nbsp;$11016600 |
| California Municipal Finance Authority, (Waste Management, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 3.50% to 3/1/23 (Put Date), 10/1/45 | 7250 | &nbsp;&nbsp;&nbsp;&nbsp; 7243403 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.125% to 10/1/25 (Put Date), 10/1/41 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3992080 |
| California Pollution Control Financing Authority, (Republic Services, Inc.), (AMT), 4.10% to 2/1/23 (Put Date), 8/1/23<sup>(1)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10000800 |
| California Pollution Control Financing Authority, (Waste Management, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 2.50% to 5/1/24 (Put Date), 11/1/38 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2445700 |
| &nbsp;&nbsp;&nbsp;(AMT), 3.375%, 7/1/25 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 977200 |
|  |  | &nbsp;&nbsp;**$35675783** |
| Insured - Electric Utilities — 0.5% | Insured - Electric Utilities — 0.5% | Insured - Electric Utilities — 0.5% |
| Puerto Rico Electric Power Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.00%, 7/1/23 | $&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;$124943 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/32 | 2100 | &nbsp;&nbsp;&nbsp;&nbsp; 2096325 |
| &nbsp;&nbsp;&nbsp;Series RR, (NPFG), 5.00%, 7/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 299604 |
| &nbsp;&nbsp;&nbsp;Series SS, (NPFG), 5.00%, 7/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 129828 |
|  |  | &nbsp;&nbsp;**$2650700** |
| Insured - Escrowed/Prerefunded — 0.3% | Insured - Escrowed/Prerefunded — 0.3% | Insured - Escrowed/Prerefunded — 0.3% |
| Compton Community College District, CA, (Election of 2014), (BAM), Prerefunded to 8/1/26, 5.00%, 8/1/36 | $1690 | &nbsp;&nbsp;$1832771 |
|  |  | &nbsp;&nbsp;**$1832771** |
| Insured - General Obligations — 3.1% | Insured - General Obligations — 3.1% | Insured - General Obligations — 3.1% |
| Galt Joint Union High School District, CA, (Election of 2016), (BAM), 5.00%, 8/1/43 | $1000 | &nbsp;&nbsp;$1047980 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - General Obligations (continued) | Insured - General Obligations (continued) | Insured - General Obligations (continued) |
| Holtville Unified School District, CA, (AGM), 6.00%, 8/1/52 | $1000 | &nbsp;&nbsp;$1179190 |
| Long Beach Unified School District, CA, (Election of 1999), (AGC), 0.00%, 8/1/27 | 3265 | &nbsp;&nbsp;&nbsp;&nbsp; 2826151 |
| McFarland Unified School District, CA, (Election of 2020), (BAM), 5.25%, 11/1/49 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2705125 |
| Palo Verde Unified School District, CA, (Election of 2018), (AGM), 5.50%, 8/1/50 | 1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1336824 |
| Riverbank Unified School District, CA, (Election of 2018), (AGM), 5.50%, 8/1/52 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1133270 |
| Simi Valley Unified School District, CA, (Election of 2004), (AGM), 0.00%, 8/1/28 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4192500 |
| Ukiah Unified School District, CA, (Election of 2020), (AGM), 5.50%, 8/1/49 | 2350 | &nbsp;&nbsp;&nbsp;&nbsp; 2628687 |
|  |  | &nbsp;&nbsp;**$17049727** |
| Insured - Hospital — 0.1% | Insured - Hospital — 0.1% | Insured - Hospital — 0.1% |
| California Statewide Communities Development Authority, (Enloe Medical Center), (AGM), 5.25%, 8/15/52 | $&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$421132 |
|  |  | &nbsp;&nbsp;**$421132** |
| Insured - Special Tax Revenue — 0.7% | Insured - Special Tax Revenue — 0.7% | Insured - Special Tax Revenue — 0.7% |
| Lake Elsinore School Financing Authority, CA, (BAM), 5.00%, 10/1/37 | $&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;$514307 |
| Murrieta Financing Authority, CA, (BAM), 5.00%, 9/1/28 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1108560 |
| RNR School Financing Authority Community Facilities District No. 92-1, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 9/1/40 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 990910 |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 9/1/42 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 986900 |
|  |  | &nbsp;&nbsp;**$3600677** |
| Insured - Transportation — 1.8% | Insured - Transportation — 1.8% | Insured - Transportation — 1.8% |
| Alameda Corridor Transportation Authority, CA, (AGM), (AMBAC), 0.00%, 10/1/26 | $10000 | &nbsp;&nbsp;$8277800 |
| San Joaquin Hills Transportation Corridor Agency, CA, (NPFG), 0.00%, 1/15/24 | 1800 | &nbsp;&nbsp;&nbsp;&nbsp; 1744848 |
|  |  | &nbsp;&nbsp;**$10022648** |
| Other Revenue — 3.0% | Other Revenue — 3.0% | Other Revenue — 3.0% |
| California Community Choice Financing Authority, Clean Energy Project Revenue, Green Bonds, 5.00% to 8/1/29 (Put Date), 12/1/53<sup>(3)</sup> | $3000 | &nbsp;&nbsp;$3128010 |
| California Infrastructure and Economic Development Bank, (Academy of Motion Picture Arts and Sciences Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/33 | 1740 | &nbsp;&nbsp;&nbsp;&nbsp; 1765961 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/34 | 1290 | &nbsp;&nbsp;&nbsp;&nbsp; 1309672 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other Revenue (continued) | Other Revenue (continued) | Other Revenue (continued) |
| California Infrastructure and Economic Development Bank, (California Academy of Sciences), Sustainability Bonds, 4.01%, (SIFMA + 0.35%), 8/1/24 (Put Date), 8/1/47<sup>(2)</sup> | $7380 | &nbsp;&nbsp;$7278673 |
| Golden State Tobacco Securitization Corp., CA, 5.00%, 6/1/51 | 2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2517252 |
| Morongo Band of Mission Indians, CA, 5.00%, 10/1/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp; 439987 |
|  |  | &nbsp;&nbsp;**$16439555** |
| Senior Living/Life Care — 1.0% | Senior Living/Life Care — 1.0% | Senior Living/Life Care — 1.0% |
| California Municipal Finance Authority, (HumanGood - California Obligated Group), 4.00%, 10/1/38 | $3790 | &nbsp;&nbsp;$3661102 |
| California Municipal Finance Authority, (Mt. San Antonio Gardens), 5.00%, 11/15/39 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 979850 |
| California Public Finance Authority, (Enso Village), Green Bonds, 2.125%, 11/15/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp; 533065 |
| California Statewide Communities Development Authority, (American Baptist Homes of the West), 5.00%, 10/1/23 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 504555 |
|  |  | &nbsp;&nbsp;**$5678572** |
| Special Tax Revenue — 4.4% | Special Tax Revenue — 4.4% | Special Tax Revenue — 4.4% |
| Chula Vista Municipal Financing Authority, CA, 5.50%, 9/1/30 | $1525 | &nbsp;&nbsp;$1552236 |
| Folsom Ranch Financing Authority, CA, (White Rock Springs Ranch): |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 127080 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 112281 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 178362 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 185929 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 202629 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 214487 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 152722 |
| Fontana Community Facilities District No. 90, CA, (Summit at Rosena Phase One): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 126036 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 126156 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 131209 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 136006 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 134927 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 148991 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp; 202837 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 545958 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp; 852862 |
| Irvine Community Facilities District No. 2013-3, CA, (Great Park): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp; 592574 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue (continued) | Special Tax Revenue (continued) | Special Tax Revenue (continued) |
| Irvine Community Facilities District No. 2013-3, CA, (Great Park): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/31 | $&nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;$474719 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 555535 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/35 | 1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1208155 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/38 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1038890 |
| &nbsp;&nbsp;&nbsp;Series 2014, 5.00%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 459126 |
| &nbsp;&nbsp;&nbsp;Series 2014, 5.00%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 366462 |
| &nbsp;&nbsp;&nbsp;Series 2018, 5.00%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 662294 |
| &nbsp;&nbsp;&nbsp;Series 2018, 5.00%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp; 807549 |
| Los Angeles County Metropolitan Transportation Authority, CA, Sales Tax Revenue, Green Bonds, 5.00%, 7/1/44 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7503300 |
| Puerto Rico Sales Tax Financing Corp., 5.00%, 7/1/58 | 3615 | &nbsp;&nbsp;&nbsp;&nbsp; 3291204 |
| San Luis Obispo Community Facilities District No. 2019-1, CA, (San Luis Ranch): |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 147155 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 131425 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 186704 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 123788 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 168072 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 186218 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 159035 |
| South Orange County Public Financing Authority, CA, Special Tax Revenue, (Ladera Ranch): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp; 520850 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 783742 |
|  |  | &nbsp;&nbsp;**$24497505** |
| Transportation — 18.3% | Transportation — 18.3% | Transportation — 18.3% |
| Bay Area Toll Authority, CA, (San Francisco Bay Area): |  |  |
| &nbsp;&nbsp;&nbsp;3.94%, (SIFMA + 0.28%), 4/1/24 (Put Date), 4/1/56<sup>(2)</sup> | $2500 | &nbsp;&nbsp;$2501125 |
| &nbsp;&nbsp;&nbsp;3.96%, (SIFMA + 0.30%), 4/1/27 (Put Date), 4/1/56<sup>(2)</sup> | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4861650 |
| &nbsp;&nbsp;&nbsp;4.11%, (SIFMA + 0.45%), 4/1/26 (Put Date), 4/1/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 788016 |
| California Municipal Finance Authority, (LINXS Automated People Mover): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/31/37 | 2570 | &nbsp;&nbsp;&nbsp;&nbsp; 2624176 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/31/43 | 4220 | &nbsp;&nbsp;&nbsp;&nbsp; 4248527 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/31/47 | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2198592 |
| Long Beach, CA, Harbor Revenue, (AMT), 5.00%, 5/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 539200 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/29 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1078420 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/38 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2103240 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/41 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5072900 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation (continued) | Transportation (continued) | Transportation (continued) |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/44 | $2000 | &nbsp;&nbsp;$2039680 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/47 | 2005 | &nbsp;&nbsp;&nbsp;&nbsp; 2031185 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/48 | 2520 | &nbsp;&nbsp;&nbsp;&nbsp; 2563470 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/49 | 8900 | &nbsp;&nbsp;&nbsp;&nbsp; 9036437 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 5/15/47 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10675300 |
| Los Angeles Harbor Department, CA, (AMT), 5.00%, 8/1/44 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10123800 |
| San Diego County Regional Airport Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/37 | 1295 | &nbsp;&nbsp;&nbsp;&nbsp; 1412107 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 7/1/41 | 1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1177293 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 7/1/44 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 896260 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/36 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1048190 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/37 | 1085 | &nbsp;&nbsp;&nbsp;&nbsp; 1131275 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/39 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1035490 |
| San Francisco City and County Airport Commission, CA, (San Francisco International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 5/1/52 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4314400 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/29 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5375400 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/41 | 4450 | &nbsp;&nbsp;&nbsp;&nbsp; 4521600 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/43 | 5015 | &nbsp;&nbsp;&nbsp;&nbsp; 5123174 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/46 | 2985 | &nbsp;&nbsp;&nbsp;&nbsp; 3017566 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/49 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5065400 |
| San Jose, CA, Airport Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 3/1/25 | 1575 | &nbsp;&nbsp;&nbsp;&nbsp; 1625258 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 3/1/47 | 3300 | &nbsp;&nbsp;&nbsp;&nbsp; 3335013 |
|  |  | &nbsp;&nbsp;**$101564144** |
| Water and Sewer — 5.5% | Water and Sewer — 5.5% | Water and Sewer — 5.5% |
| Los Angeles Department of Water and Power, CA, Water System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;$654965 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp; 1079112 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 704736 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;&nbsp;&nbsp; 1104913 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp; 632924 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp; 460703 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/47 | 5920 | &nbsp;&nbsp;&nbsp;&nbsp; 6365717 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/52 | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3519457 |
| Rancho California Water District Financing Authority, 4.00%, 8/1/37 | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2850925 |
| San Diego County Water Authority, CA, Green Bonds, 4.00%, 5/1/36 | 2195 | &nbsp;&nbsp;&nbsp;&nbsp; 2311993 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Water and Sewer (continued) | Water and Sewer (continued) | Water and Sewer (continued) |
| San Jose Financing Authority, CA, Wastewater Revenue, Green Bonds, 5.00%, 11/1/47 | $4520 | &nbsp;&nbsp;$5029992 |
| San Mateo - Foster City Public Financing Authority, CA, (Clean Water Program), 5.00%, 8/1/49 | 5555 | &nbsp;&nbsp;&nbsp;&nbsp; 5984068 |
|  |  | &nbsp;&nbsp;**$30699505** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $497,238,033) |  | &nbsp;&nbsp;**$501534027** |

---

Taxable Municipal Obligations — 6.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 0.5% | Education — 0.5% | Education — 0.5% |
| California Municipal Finance Authority, (Albert Einstein Academies), 3.75%, 8/1/31<sup>(1)</sup> | $2675 | &nbsp;&nbsp;$2350843 |
| California School Finance Authority, (Granada Hills Charter Obligated Group), 2.00%, 7/1/24<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp; 194297 |
|  |  | &nbsp;&nbsp;**$2545140** |
| General Obligations — 1.0% | General Obligations — 1.0% | General Obligations — 1.0% |
| Alameda County, CA, 3.28%, 8/1/23 | $2250 | &nbsp;&nbsp;$2228580 |
| Ohlone Community College District, CA, 2.243%, 8/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 170832 |
| Ojai Unified School District, CA, 2.019%, 8/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 379675 |
| Palmdale School District, CA, 1.67%, 8/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 408010 |
| Puerto Rico, GO Contingent Value Instrument, 0.00%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;842 | &nbsp;&nbsp;&nbsp;&nbsp; 369264 |
| San Mateo Union High School District, CA, 2.111%, 9/1/34 | 1220 | &nbsp;&nbsp;&nbsp;&nbsp; 895321 |
| Tustin Unified School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;1.954%, 8/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp; 431019 |
| &nbsp;&nbsp;&nbsp;2.649%, 8/1/42 | 1125 | &nbsp;&nbsp;&nbsp;&nbsp; 748755 |
|  |  | &nbsp;&nbsp;**$5631456** |
| Hospital — 0.8% | Hospital — 0.8% | Hospital — 0.8% |
| California Statewide Communities Development Authority, (Loma Linda University Medical Center), 6.00%, 12/1/24 | $4000 | &nbsp;&nbsp;$4075920 |
|  |  | &nbsp;&nbsp;**$4075920** |
| Housing — 0.5% | Housing — 0.5% | Housing — 0.5% |
| Independent Cities Finance Authority, CA, (Sahara Mobile Home Park): |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 6/15/41 | $&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;$567292 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| Independent Cities Finance Authority, CA, (Sahara Mobile Home Park): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 6/15/56 | $3685 | &nbsp;&nbsp;$2300841 |
|  |  | &nbsp;&nbsp;**$2868133** |
| Insured - General Obligations — 0.4% | Insured - General Obligations — 0.4% | Insured - General Obligations — 0.4% |
| Byron Union School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 2.10%, 8/1/30 | $&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;$280237 |
| &nbsp;&nbsp;&nbsp;(BAM), 2.20%, 8/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 303012 |
| Mojave Unified School District, CA, (BAM), 2.731%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 372585 |
| Oak Grove School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 2.397%, 8/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 208989 |
| &nbsp;&nbsp;&nbsp;(BAM), 2.497%, 8/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 214075 |
| &nbsp;&nbsp;&nbsp;(BAM), 2.597%, 8/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 215342 |
| Sanger Unified School District, CA, (BAM), 2.371%, 8/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 329131 |
| Santa Rosa High School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 1.676%, 8/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp; 213126 |
| &nbsp;&nbsp;&nbsp;(BAM), 1.932%, 8/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 181082 |
|  |  | &nbsp;&nbsp;**$2317579** |
| Insured - Lease Revenue/Certificates of Participation — 1.3% | Insured - Lease Revenue/Certificates of Participation — 1.3% | Insured - Lease Revenue/Certificates of Participation — 1.3% |
| Anaheim, CA, Public Financing Authority, (Public Improvements), (AGM), 1.643%, 7/1/25 | $7850 | &nbsp;&nbsp;$7208419 |
|  |  | &nbsp;&nbsp;**$7208419** |
| Insured - Special Tax Revenue — 0.5% | Insured - Special Tax Revenue — 0.5% | Insured - Special Tax Revenue — 0.5% |
| Rio Elementary School District Community Facilities District No. 1, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 1.826%, 9/1/28 | $1000 | &nbsp;&nbsp;$839170 |
| &nbsp;&nbsp;&nbsp;(BAM), 2.307%, 9/1/31 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1189395 |
| Successor Agency to West Hollywood Community Development Commission, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), 1.668%, 9/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 332368 |
| &nbsp;&nbsp;&nbsp;(AGM), 1.847%, 9/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp; 313325 |
|  |  | &nbsp;&nbsp;**$2674258** |
| Insured - Transportation — 0.1% | Insured - Transportation — 0.1% | Insured - Transportation — 0.1% |
| Alameda Corridor Transportation Authority, CA, (AMBAC), 0.00%, 10/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;$571946 |
|  |  | &nbsp;&nbsp;**$571946** |
| Lease Revenue/Certificates of Participation — 0.3% | Lease Revenue/Certificates of Participation — 0.3% | Lease Revenue/Certificates of Participation — 0.3% |
| Downey, CA, Pension Obligation Bonds: |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 6/1/31 | $&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;$141388 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lease Revenue/Certificates of Participation (continued) | Lease Revenue/Certificates of Participation (continued) | Lease Revenue/Certificates of Participation (continued) |
| Downey, CA, Pension Obligation Bonds: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 6/1/32 | $&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;$635825 |
| Monterey Park, CA, Pension Obligation Bonds: |  |  |
| &nbsp;&nbsp;&nbsp;2.193%, 6/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp; 424094 |
| &nbsp;&nbsp;&nbsp;2.293%, 6/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 555465 |
|  |  | &nbsp;&nbsp;**$1756772** |
| Other Revenue — 0.2% | Other Revenue — 0.2% | Other Revenue — 0.2% |
| Manhattan Beach, CA, Pension Obligation Bonds: |  |  |
| &nbsp;&nbsp;&nbsp;2.141%, 1/1/30 | $&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$330048 |
| &nbsp;&nbsp;&nbsp;2.241%, 1/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 323756 |
| &nbsp;&nbsp;&nbsp;2.491%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 531711 |
|  |  | &nbsp;&nbsp;**$1185515** |
| Special Tax Revenue — 1.0% | Special Tax Revenue — 1.0% | Special Tax Revenue — 1.0% |
| Riverside Unified School District Financing Authority, CA, 1.463%, 9/1/25 | $&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;$730632 |
| San Francisco Bay Area Rapid Transit District, CA, Sales Tax Revenue, Green Bond, 2.621%, 7/1/23 | 4050 | &nbsp;&nbsp;&nbsp;&nbsp; 4015251 |
| Successor Agency to San Diego Redevelopment Agency, CA: |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 9/1/23 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 247145 |
| &nbsp;&nbsp;&nbsp;3.50%, 9/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 244030 |
| &nbsp;&nbsp;&nbsp;3.625%, 9/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 242683 |
| &nbsp;&nbsp;&nbsp;3.75%, 9/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 241220 |
|  |  | &nbsp;&nbsp;**$5720961** |
| Total Taxable Municipal Obligations<br> (identified cost $41,955,732) |  | &nbsp;&nbsp;**$36556099** |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

Trust Units — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation — 0.2% | Transportation — 0.2% | Transportation — 0.2% |
| HTA TRRB 2005L-745190UR7 Assured Custodial Trust, 5.25%, 7/1/41 | $1125 | &nbsp;&nbsp;$1120252 |
| Total Trust Units<br> (identified cost $1,118,891) |  | &nbsp;&nbsp;**$1120252** |
| Total Investments — 97.9%<br> (identified cost $545,245,113) |  | &nbsp;&nbsp;**$543728392** |
| Other Assets, Less Liabilities — 2.1% |  | &nbsp;&nbsp;**$11937455** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$555665847** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>(1)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At December 31, 2022, the aggregate value of these securities is $19,321,333 or 3.5% of the Fund's net assets. |
| <sup>(2)</sup> | Floating rate security. The stated interest rate represents the rate in effect at December 31, 2022. |
| <sup>(3)</sup> | When-issued security. |

---

The Fund invests primarily in debt securities issued by California municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At December 31, 2022, 8.9% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 0.5% to 5.0% of total investments.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AGC | – Assured Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – AMBAC Financial Group, Inc. |
| AMT | – Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
| BAM | – Build America Mutual Assurance Co. |
| NPFG | – National Public Finance Guarantee Corp. |
| SIFMA | – Securities Industry and Financial Markets Association Municipal Swap Index |

---

The Fund did not have any open derivative instruments at December 31, 2022.

Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 – quoted prices in active markets for identical investments

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

• Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

At December 31, 2022, the hierarchy of inputs used in valuing the Fund's investments, which are carried at value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| Corporate Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;$2202866 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$2202866 |
| Tax-Exempt Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2315148 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2315148 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;501534027 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;501534027 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 36556099 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 36556099 |
| Trust Units | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1120252 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1120252 |
| **Total Investments** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$543728392** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$543728392** |

---

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent financial statements included in its semiannual or annual report to shareholders.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EATON VANCE MUNICIPALS TRUST

- **b. Investment Company Act file number:** 811-04409

- **c. CIK number of Registrant:** 0000778365

- **d. LEI of Registrant:** 549300URENTSNA53MO13

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

  - **Street Address 1:** TWO INTERNATIONAL PLACE

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-482-8260

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

- **a. Name of Series:** Eaton Vance California Municipal Opportunities Fund

- **b. EDGAR series identifier (if any):** S000004860

- **c. LEI of Series:** 5493006S2P6J1RA2BQ39

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $558595680.65

**Total Liabilities:** $6971879.24

**Net Assets:** $551623801.41

**Delayed Delivery Securities:** $3127770.00

**Cash Not Reported:** $5467892.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1049.37000000 | **1-Year:** -22121.55000000 | **5-Year:** -86713.80000000 | **10-Year:** -181792.39000000 | **30-Year:** -43073.93000000

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

- **3-Month:** -216.62000000 | **1-Year:** -1763.07000000 | **5-Year:** -4679.57000000 | **10-Year:** -4107.28000000 | **30-Year:** -1486.87000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063954 | -0.89%               | 4.36%                | 0.07%                |
| Class ID C000013168 | -0.95%               | 4.27%                | -0.03%               |
| Class ID C000013166 | -0.81%               | 4.23%                | 0.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6345387.04             | $-61795.54                                 |
| Month 2  | $-1275785.35             | $23915997.11                               |
| Month 3  | $-521751.86              | $-1599832.11                               |

**Designated Index Information**

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

- **Index Identifier:** MBINDEX

### Schedule of Portfolio Investments

| Name                                                                         | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414EA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $202628.90    | 0.04%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Hollywood Community Development Commission Successor Agency             | W HOLLYWOOD CA CMNTY DEV COMMISSION SUCCESSOR AGY TAX ALLOC | CUSIP: 953321AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $332368.00    | 0.06%             | 2028-09-01      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13033L4N4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4141369.00   | 0.75%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Murrieta Valley Unified School District                                      | MURRIETA VLY CA UNIF SCH DIST                               | CUSIP: 626905QF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5700000 | PA      | $6398193.00   | 1.16%             | 2051-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Manhattan Beach CA                                                   | MANHATTAN BEACH CA PENSN OBLG                               | CUSIP: 562784AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $323756.00    | 0.06%             | 2031-01-01      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| Riverside Unified School District Financing Authority                        | RIVERSIDE CA UNIF SCH DIST FING AUTH REVENUE                | CUSIP: 769306BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $730632.00    | 0.13%             | 2025-09-01      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV    | CUSIP: 79766DUG2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4314400.00   | 0.78%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525N46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $1079111.55   | 0.20%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $147154.50    | 0.03%             | 2024-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $545958.00    | 0.10%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UUP1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2470308.75   | 0.45%             | 2039-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525N61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1104912.50   | 0.20%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131424.80    | 0.02%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Rosa High School District                                              | SANTA ROSA CA HIGH SCH DIST                                 | CUSIP: 802615K45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $181082.00    | 0.03%             | 2029-08-01      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445CZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2031185.30   | 0.37%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mojave Unified School District School Facilities Improvement District No 1   | MOJAVE CA UNIF SCH DIST SCH FACS IMPT DIST #1               | CUSIP: 608406GK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $372585.00    | 0.07%             | 2037-08-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TDA8<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    545000 | PA      | $555534.85    | 0.10%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westminster School District                                                  | WESTMINSTER CA SCH DIST                                     | CUSIP: 960621HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056130.00   | 0.19%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                     | CUSIP: 13059TGW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106787.00    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District Sales Tax Revenue              | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST SALES TAX REV  | CUSIP: 797669XW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4015251.00   | 0.73%             | 2023-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                        | MOUNTAIN VIEW-WHISMAN CA SCH DIST                           | CUSIP: 62451FLZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1115983.00   | 0.20%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   5099260 | PA      | $5099973.90   | 0.92%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                     | CUSIP: 13059TFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $399497.80    | 0.07%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                          | MORONGO BAND OF MISSION INDIANS CA REVENUE                  | CUSIP: 61773RAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $439986.80    | 0.08%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE        | CUSIP: 13034AHX1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1309672.50   | 0.24%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                    | VERNON CA ELEC SYS REVENUE                                  | CUSIP: 924397FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1516574.20   | 0.27%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | KERN CA CMNTY CLG DIST                                      | CUSIP: 492244GP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1738230.00   | 0.32%             | 2037-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Bruno Park School District                                               | SAN BRUNO CA PARK SCH DIST                                  | CUSIP: 797002GM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8695520.00   | 1.58%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                        | MOUNTAIN VIEW-WHISMAN CA SCH DIST                           | CUSIP: 62451FMC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1098273.00   | 0.20%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | SAN JOSE CA ARPT REVENUE                                    | CUSIP: 798136VU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3335013.00   | 0.60%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Byron Union School District                                                  | BYRON UNION SCH DIST CA                                     | CUSIP: 12463NDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $280236.60    | 0.05%             | 2030-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE    | CUSIP: 130536QR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977200.00    | 0.18%             | 2025-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                   | CUSIP: 13067RCB7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    425000 | PA      | $454040.25    | 0.08%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414DX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $112281.40    | 0.02%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Downey CA                                                            | DOWNEY CA PENSN OBLIG                                       | CUSIP: 260888AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $141388.10    | 0.03%             | 2031-06-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $123787.50    | 0.02%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Huntington Beach Union High School District                                  | HUNTINGTON BEACH CA UNION HIGH SCH DIST                     | CUSIP: 446222UV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1457807.50   | 0.26%             | 2029-08-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Compton Community College District                                           | COMPTON CA CMNTY CLG DIST                                   | CUSIP: 204709HF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1832771.20   | 0.33%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lucia Mar Unified School District                                            | LUCIA MAR CA UNIF SCH DIST                                  | CUSIP: 54947THM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $10062900.00  | 1.82%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TFN8<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    625000 | PA      | $662293.75    | 0.12%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE        | CUSIP: 913366HK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5196900.00   | 0.94%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Water Authority                                             | SAN DIEGO CNTY CA WTR AUTH                                  | CUSIP: 797412EG4<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2311993.50   | 0.42%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                    | OAK GROVE CA SCH DIST                                       | CUSIP: 6712054U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $208989.00    | 0.04%             | 2034-08-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                         | PUERTO RICO ELEC PWR AUTH PWR REVENUE                       | CUSIP: 74526QES7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    130000 | PA      | $129828.40    | 0.02%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ukiah Unified School District/CA                                             | UKIAH CA UNIF SCH DIST                                      | CUSIP: 903698EU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2628686.50   | 0.48%             | 2049-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3128010.00   | 0.57%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2550175.00   | 0.46%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Berryessa Union School District                                              | BERRYESSA CA UNION SCH DIST                                 | CUSIP: 085797XG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1152024.00   | 0.21%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                       | US LONG BOND(CBT) MAR23                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -270 | NC      | $841987.71    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                     | CUSIP: 13059THE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $194296.95    | 0.04%             | 2024-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                   | CUSIP: 072024XA5<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    800000 | PA      | $788016.00    | 0.14%             | 2056-04-01      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                          | LOS ANGELES CA HARBOR DEPT                                  | CUSIP: 544552WJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10123800.00  | 1.84%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galt Joint Union High School District                                        | GALT CA JT UNION HIGH SCH DIST                              | CUSIP: 364118GN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047980.00   | 0.19%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445ST7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2103240.00   | 0.38%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                   | SAN RAFAEL CA ELEM SCH DIST                                 | CUSIP: 799306RF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4382880.00   | 0.79%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                   | CUSIP: 072024WZ1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501125.00   | 0.45%             | 2056-04-01      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| Santa Rosa High School District                                              | SANTA ROSA CA HIGH SCH DIST                                 | CUSIP: 802615K37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $213126.45    | 0.04%             | 2028-08-01      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE           | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3615000 | PA      | $3291204.45   | 0.60%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TCZ4<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    450000 | PA      | $459126.00    | 0.08%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TCX9<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    580000 | PA      | $592574.40    | 0.11%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                     | CUSIP: 13080SM76<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    400000 | PA      | $421132.00    | 0.08%             | 2052-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                               | CUSIP: 13063D2G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11183800.00  | 2.03%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Unified School District                                          | MORGAN HILL CA UNIF SCH DIST                                | CUSIP: 617403FU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3860000 | PA      | $4434020.60   | 0.80%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    380448 | PA      | $394159.35    | 0.07%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                   | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4861650.00   | 0.88%             | 2056-04-01      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| San Rafael City High School District/CA                                      | SAN RAFAEL CITY CA HIGH SCH DIST                            | CUSIP: 799289NK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1230632.70   | 0.22%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445NH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078420.00   | 0.20%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                        | MOUNTAIN VIEW-WHISMAN CA SCH DIST                           | CUSIP: 62451FMA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2216368.00   | 0.40%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE        | CUSIP: 13034AQ60<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7380000 | PA      | $7278672.60   | 1.32%             | 2047-08-01      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE            | CUSIP: 79739GMB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035490.00   | 0.19%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630ZA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $852861.75    | 0.15%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Murrieta Financing Authority                                                 | MURRIETA CA FING AUTH LOCAL AGY REVENUE                     | CUSIP: 62719YBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108560.00   | 0.20%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEV AUTH HOSP REVENUE             | CUSIP: 13081KAU4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2072360.00   | 0.38%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136005.75    | 0.02%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                               | CUSIP: 13063DV21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3533079.00   | 0.64%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Redevelopment Agency Successor Agency                              | SAN DIEGO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION         | CUSIP: 79730WBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244030.00    | 0.04%             | 2024-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Unified School District                                          | MORGAN HILL CA UNIF SCH DIST                                | CUSIP: 617403FV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2799412.00   | 0.51%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414DM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $127080.20    | 0.02%             | 2024-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV    | CUSIP: 79766DUC1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5375400.00   | 0.97%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                            | LA CANADA CA UNIF SCH DIST                                  | CUSIP: 502516RY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $2104796.60   | 0.38%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Anaheim Public Financing Authority                                           | ANAHEIM CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 03255LJZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7850000 | PA      | $7208419.50   | 1.31%             | 2025-07-01      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UYS1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4000018.75   | 0.73%             | 2051-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Unified School District                                          | MORGAN HILL CA UNIF SCH DIST                                | CUSIP: 617403FW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2298260.00   | 0.42%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                               | CUSIP: 13063DY93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070920.00   | 0.19%             | 2037-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Mariposa County Unified School District                                      | MARIPOSA CNTY CA UNIF SCH DIST                              | CUSIP: 570255BD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1387232.95   | 0.25%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Downey CA                                                            | DOWNEY CA PENSN OBLIG                                       | CUSIP: 260888AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $635825.50    | 0.12%             | 2032-06-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TFQ1<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    765000 | PA      | $807549.30    | 0.15%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE        | CUSIP: 13034AY61<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11016600.00  | 2.00%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV    | CUSIP: 79766DLF4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5015000 | PA      | $5123173.55   | 0.93%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE        | CUSIP: 13034AV64<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4805700.00   | 0.87%             | 2072-08-01      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                          | MORONGO BAND OF MISSION                                     | CUSIP: 617734AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2202865.60   | 0.40%             | 2039-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                            | PALO ALTO CA UNIF SCH DIST                                  | CUSIP: 697379XY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10975000 | PA      | $11643487.25  | 2.11%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $186218.00    | 0.03%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palo Verde Unified School District                                           | PALO VERDE CA UNIF SCH DIST                                 | CUSIP: 697498JJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1336824.00   | 0.24%             | 2050-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UB49<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4630000 | PA      | $4923588.30   | 0.89%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City High School District/CA                                      | SAN RAFAEL CITY CA HIGH SCH DIST                            | CUSIP: 799289NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4360880.00   | 0.79%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414DY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $178362.20    | 0.03%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525ZG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5920000 | PA      | $6365716.80   | 1.15%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Harbor Revenue                                         | LONG BEACH CA HARBOR REVENUE                                | CUSIP: 542424UU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $539200.00    | 0.10%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Monterey Park CA                                                     | MONTEREY PK CA PENSN OBLIG                                  | CUSIP: 61255QAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $424093.60    | 0.08%             | 2033-06-01      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                    | CUSIP: 544532CM4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5695000 | PA      | $6141886.65   | 1.11%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525N87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $460702.55    | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE    | CUSIP: 130536LT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2445700.00   | 0.44%             | 2038-11-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| South Orange County Public Financing Authority                               | SOUTH ORANGE CNTY CA PUBLIC FING AUTH SPL TAX REVENUE       | CUSIP: 839100JL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $520850.40    | 0.09%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Alameda CA                                                         | ALAMEDA CNTY CA                                             | CUSIP: 010878BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2228580.00   | 0.40%             | 2023-08-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UCE6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1111032.00   | 0.20%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                            | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2557807 | PA      | $2315148.07   | 0.42%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV    | CUSIP: 79766DGE3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4521600.50   | 0.82%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE            | CUSIP: 13048RAL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3992080.00   | 0.72%             | 2041-10-01      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                             | SAN JOAQUIN HILLS CA TRANSPRTN CORRIDOR AGY TOLL ROAD REV   | CUSIP: 798111CY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1744848.00   | 0.32%             | 2024-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525N20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $654964.90    | 0.12%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE            | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7243402.50   | 1.31%             | 2045-10-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                        | MOUNTAIN VIEW-WHISMAN CA SCH DIST                           | CUSIP: 62451FMD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1244737.50   | 0.23%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Clarita Community College District                                     | SANTA CLARITA CA CMNTY CLG DIST                             | CUSIP: 801686UL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2718095.60   | 0.49%             | 2045-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pomona Unified School District                                               | POMONA CA UNIF SCH DIST                                     | CUSIP: 732098SE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1677255.00   | 0.30%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                               | CUSIP: 13063DS82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094990.00   | 0.20%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV    | CUSIP: 79766DGF0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2985000 | PA      | $3017566.35   | 0.55%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                       | CUSIP: 5444956U3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   9185000 | PA      | $9741978.40   | 1.77%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ojai Unified School District                                                 | OJAI CA UNIF SCH DIST                                       | CUSIP: 678093RG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $379675.20    | 0.07%             | 2031-08-01      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING REVENUE           | CUSIP: 13049RBF2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979850.00    | 0.18%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Liberty Union High School District                                           | LIBERTY CA UNION HIGH SCH DIST                              | CUSIP: 530319SB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $771220.60    | 0.14%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $202837.25    | 0.04%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                            | LA CANADA CA UNIF SCH DIST                                  | CUSIP: 502516SA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6885000 | PA      | $8176488.30   | 1.48%             | 2050-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH CHARTER SCH REVENUE             | CUSIP: 13048DDJ4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2350843.50   | 0.43%             | 2031-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| San Diego Redevelopment Agency Successor Agency                              | SAN DIEGO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION         | CUSIP: 79730WBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $242682.50    | 0.04%             | 2025-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Simi Valley Unified School District                                          | SIMI VLY CA UNIF SCH DIST                                   | CUSIP: 828641UD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4192500.00   | 0.76%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan Beach CA                                                   | MANHATTAN BEACH CA PENSN OBLG                               | CUSIP: 562784AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $330048.00    | 0.06%             | 2030-01-01      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                         | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE           | CUSIP: 45385LNE9<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    775000 | PA      | $567292.25    | 0.10%             | 2041-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| RNR School Financing Authority                                               | RNR CA SCH FING AUTH                                        | CUSIP: 769697LS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986900.00    | 0.18%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                     | CUSIP: 130179TH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $436396.00    | 0.08%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445MC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8900000 | PA      | $9036437.00   | 1.64%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525Q43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3519457.50   | 0.64%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     59434 | PA      | $55108.39     | 0.01%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                         | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE           | CUSIP: 45385LMY6<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1076980.80   | 0.20%             | 2036-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                     | CUSIP: 13059THC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $422336.25    | 0.08%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                 | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                | CUSIP: 767027EF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1189395.00   | 0.22%             | 2031-09-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue   | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE    | CUSIP: 54466HHF6<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7503300.00   | 1.36%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                   | SAN RAFAEL CA ELEM SCH DIST                                 | CUSIP: 799306RD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1518809.60   | 0.28%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                     | CUSIP: 13080SBU7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    715000 | PA      | $729264.25    | 0.13%             | 2035-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                     | CUSIP: 13080SEY6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4075920.00   | 0.74%             | 2024-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445ER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039680.00   | 0.37%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445F46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10675300.00  | 1.94%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| West Hollywood Community Development Commission Successor Agency             | W HOLLYWOOD CA CMNTY DEV COMMISSION SUCCESSOR AGY TAX ALLOC | CUSIP: 953321AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $313324.55    | 0.06%             | 2029-09-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Rancho Water District Financing Authority                                    | RANCHO CA WTR DIST FING AUTH                                | CUSIP: 752111NV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2850925.00   | 0.52%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore School Financing Authority                                     | LAKE ELSINORE CA SCH FING AUTH                              | CUSIP: 50964BDE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $514306.90    | 0.09%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   9270000 | PA      | $8851088.70   | 1.60%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                         | PUERTO RICO ELEC PWR AUTH PWR REVENUE                       | CUSIP: 74526QPQ9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2096325.00   | 0.38%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE            | CUSIP: 13057GAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $533065.25    | 0.10%             | 2027-11-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $134927.10    | 0.02%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $148990.50    | 0.03%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048TVJ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    165000 | PA      | $168445.20    | 0.03%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414EB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $214486.50    | 0.04%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Luis Coastal Unified School District                                     | SAN LUIS COASTAL CA UNIF SCH DIST                           | CUSIP: 798546DJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3849904.00   | 0.70%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4220000 | PA      | $4248527.20   | 0.77%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oxnard Union High School District                                            | OXNARD CA UNION HIGH SCH DIST                               | CUSIP: 692039QK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602454.00    | 0.11%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohlone Community College District                                            | OHLONE CA CMNTY CLG DIST                                    | CUSIP: 677765HH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $170832.20    | 0.03%             | 2033-08-01      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525N53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $704736.00    | 0.13%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE    | CUSIP: 130536PR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000800.00  | 1.81%             | 2023-08-01      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE        | CUSIP: 13034AHW3<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1765960.80   | 0.32%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414EC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $152722.35    | 0.03%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Holtville Unified School District                                            | HOLTVILLE CA UNIF SCH DIST                                  | CUSIP: 436650GW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1179190.00   | 0.21%             | 2052-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                          | PALMDALE CA SCH DIST                                        | CUSIP: 696735QT9<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |    500000 | PA      | $408010.00    | 0.07%             | 2029-08-01      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| San Diego Redevelopment Agency Successor Agency                              | SAN DIEGO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION         | CUSIP: 79730WBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $241220.00    | 0.04%             | 2026-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Sanger Unified School District                                               | SANGER CA UNIF SCH DIST                                     | CUSIP: 800851SW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $329130.90    | 0.06%             | 2035-08-01      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                     | CUSIP: 13059TFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2564775.00   | 0.46%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                 | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                | CUSIP: 767027EC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $839170.00    | 0.15%             | 2028-09-01      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2095859.15   | 0.38%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                        | MOUNTAIN VIEW-WHISMAN CA SCH DIST                           | CUSIP: 62451FME7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5806177.50   | 1.05%             | 2045-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | KERN CA CMNTY CLG DIST                                      | CUSIP: 492244GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1452542.00   | 0.26%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverbank Unified School District                                            | RIVERBANK CA UNIF SCH DIST                                  | CUSIP: 768569EW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133270.00   | 0.21%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                            | LA CANADA CA UNIF SCH DIST                                  | CUSIP: 502516RW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1388563.40   | 0.25%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    841626 | PA      | $369263.57    | 0.07%             | 2043-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| McFarland Unified School District                                            | MCFARLAND CA UNIF SCH DIST                                  | CUSIP: 580415NH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2705125.00   | 0.49%             | 2049-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Manhattan Beach CA                                                   | MANHATTAN BEACH CA PENSN OBLG                               | CUSIP: 562784AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $531711.00    | 0.10%             | 2033-01-01      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| San Jose Financing Authority                                                 | SAN JOSE CA FING AUTH WSTWTR REVENUE                        | CUSIP: 79816NAZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4520000 | PA      | $5029991.60   | 0.91%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mariposa County Unified School District                                      | MARIPOSA CNTY CA UNIF SCH DIST                              | CUSIP: 570255BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1332209.45   | 0.24%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Folsom Ranch Financing Authority                                             | FOLSOM RANCH CA FING AUTH SPL TAX REVENUE                   | CUSIP: 344414DZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $185928.60    | 0.03%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048TVC4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204316.00    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048VKY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3661102.10   | 0.66%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                    | OAK GROVE CA SCH DIST                                       | CUSIP: 6712054V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $214074.90    | 0.04%             | 2035-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City Public Financing Authority                             | SAN MATEO FOSTER CITY CA PUBLIC FING AUTH WSTWTR REVENUE    | CUSIP: 79905VAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5555000 | PA      | $5984068.20   | 1.08%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UCL0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4985000 | PA      | $5325475.50   | 0.97%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE            | CUSIP: 79739GNT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1177292.80   | 0.21%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                         | SAN MATEO CA UNION HIGH SCH DIST                            | CUSIP: 799017YE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $895321.40    | 0.16%             | 2034-09-01      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13033LM95<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    735000 | PA      | $735191.10    | 0.13%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | KERN CA CMNTY CLG DIST                                      | CUSIP: 492244GT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133330.00   | 0.21%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                    | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                  | CUSIP: 010869EE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $571946.00    | 0.10%             | 2027-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                    | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                  | CUSIP: 010869JD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8277800.00   | 1.50%             | 2026-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TCY7<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    465000 | PA      | $474718.50    | 0.09%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126036.25    | 0.02%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Redevelopment Agency Successor Agency                              | SAN DIEGO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION         | CUSIP: 79730WAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $247145.00    | 0.04%             | 2023-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $186703.85    | 0.03%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131209.00    | 0.02%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS                                | CUSIP: 5444357P9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5072900.00   | 0.92%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE        | CUSIP: 913366KS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11240000 | PA      | $12124588.00  | 2.20%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13032UGL6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2567594.25   | 0.47%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oxnard Union High School District                                            | OXNARD CA UNION HIGH SCH DIST                               | CUSIP: 692039QG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1957486.40   | 0.35%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Monterey Park CA                                                     | MONTEREY PK CA PENSN OBLIG                                  | CUSIP: 61255QAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $555465.00    | 0.10%             | 2034-06-01      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                     | CUSIP: 13080SGP3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504555.00    | 0.09%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE             | CUSIP: 544525N79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $632924.25    | 0.11%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Orange County Public Financing Authority                               | SOUTH ORANGE CNTY CA PUBLIC FING AUTH SPL TAX REVENUE       | CUSIP: 839100JN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $783742.00    | 0.14%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048VBW7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2624175.60   | 0.48%             | 2037-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TFU2<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038890.00   | 0.19%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RNR School Financing Authority                                               | RNR CA SCH FING AUTH                                        | CUSIP: 769697LR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990910.00    | 0.18%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13033LY27<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515150.00   | 0.27%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE            | CUSIP: 79739GLZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1131275.25   | 0.21%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HTA TRRB Custodial Trust                                                     | HTA TRRB 2005L-745190UR7 ASSURED CUSTODIAL TRUST            | CUSIP: 40444FAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1120252.50   | 0.20%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                        | MOUNTAIN VIEW-WHISMAN CA SCH DIST                           | CUSIP: 62451FMB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1301157.00   | 0.24%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                    | OAK GROVE CA SCH DIST                                       | CUSIP: 6712054W9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $215342.40    | 0.04%             | 2036-08-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV    | CUSIP: 79766DMB2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5065400.00   | 0.92%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                         | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE           | CUSIP: 45385LNT6<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1497696.75   | 0.27%             | 2036-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048TN33<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520510.00    | 0.09%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tustin Unified School District                                               | TUSTIN CA UNIF SCH DIST SCH FACS IMPT DIST                  | CUSIP: 901072LQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $748755.00    | 0.14%             | 2042-08-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE            | CUSIP: 79739GMC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $896260.00    | 0.16%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                   | CUSIP: 544445GY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2563470.00   | 0.46%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | SAN JOSE CA ARPT REVENUE                                    | CUSIP: 798136VD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1625258.25   | 0.29%             | 2025-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $159034.75    | 0.03%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE            | CUSIP: 79739GLY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048190.00   | 0.19%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                         | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE           | CUSIP: 45385LNH2<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   3685000 | PA      | $2300840.30   | 0.42%             | 2056-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TFR9<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1208155.50   | 0.22%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048TM91<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $818280.00    | 0.15%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                   | CUSIP: 13033LM79<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1050115.50   | 0.19%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                            | IRVINE CA SPL TAX                                           | CUSIP: 46360TDB6<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    360000 | PA      | $366462.00    | 0.07%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin Park Unified School District                                         | BALDWIN PARK CA UNIF SCH DIST                               | CUSIP: 058219VK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $281625.50    | 0.05%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Alisal Union School District                                                 | ALISAL CA UNION SCH DIST                                    | CUSIP: 016394MZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $3026419.20   | 0.55%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chula Vista Municipal Financing Authority                                    | CHULA VISTA CA MUNI FING AUTH SPL TAX REVENUE               | CUSIP: 17131CAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1552236.50   | 0.28%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE            | CUSIP: 79739GJH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1412106.85   | 0.26%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                | CUSIP: 544647GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5552300.00   | 1.01%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048TN25<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $824744.00    | 0.15%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                         | PUERTO RICO ELEC PWR AUTH PWR REVENUE                       | CUSIP: 74526QDD1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    300000 | PA      | $299604.00    | 0.05%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | CLOVIS CA UNIF SCH DIST                                     | CUSIP: 189342P93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2088556.80   | 0.38%             | 2039-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                           | LONG BEACH CA UNIF SCH DIST                                 | CUSIP: 542433GU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3265000 | PA      | $2826151.35   | 0.51%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Byron Union School District                                                  | BYRON UNION SCH DIST CA                                     | CUSIP: 12463NDJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $303012.00    | 0.05%             | 2031-08-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                     | CUSIP: 13059TGV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106079.00    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    228754 | PA      | $124032.71    | 0.02%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Old Adobe Union School District                                              | OLD ADOBE CA UNION SCH DIST                                 | CUSIP: 679502HD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1956292.20   | 0.35%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048VCD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2198592.00   | 0.40%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                         | CUSIP: 13048TVD2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152610.00    | 0.03%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABC Unified School District                                                  | ABC CA UNIF SCH DIST                                        | CUSIP: 000416Z42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5780000 | PA      | $5613536.00   | 1.02%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1           | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX          | CUSIP: 798601AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $168071.75    | 0.03%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                               | CUSIP: 13063DVC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11767835.00  | 2.13%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tustin Unified School District                                               | TUSTIN CA UNIF SCH DIST SCH FACS IMPT DIST                  | CUSIP: 901072LK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $431018.60    | 0.08%             | 2033-08-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                          | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    159778 | PA      | $134846.24    | 0.02%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                         | PUERTO RICO ELEC PWR AUTH PWR REVENUE                       | CUSIP: 74526QCL4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    125000 | PA      | $124942.50    | 0.02%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | CALIFORNIA PUBLIC FIN AUTH REVENUE                          | CUSIP: 13057EAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $440661.25    | 0.08%             | 2033-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2517252.50   | 0.46%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                           | FONTANA CA SPL TAX                                          | CUSIP: 344630YR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126156.25    | 0.02%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-03

**Name of Applicant:** EATON VANCE MUNICIPALS TRUST

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer