# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001752724-23-049175
**Filing Date:** 2023-3
**Character Count:** 242472
**Document Hash:** be6929674d93bd8f5aa7a129e29a69e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049175.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049175

**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:** 23690886

**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 National Municipal Income Fund (Series ID: S000004846)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000013123 | Eaton Vance National Municipal Income Fund Class A | EANAX           |
| C000013125 | Eaton Vance National Municipal Income Fund Class C | ECHMX           |
| C000013126 | Eaton Vance National Municipal Income Fund Class I | EIHMX           |

## Nport-Ex

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited)

------

Corporate Bonds — 1.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 1.1% | Education — 1.1% | Education — 1.1% |
| Chapman University: |  |  |
| &nbsp;&nbsp;&nbsp;1.56%, 4/1/27 | $4995 | &nbsp;&nbsp;$4266072 |
| &nbsp;&nbsp;&nbsp;1.867%, 4/1/29 | 5160 | &nbsp;&nbsp;&nbsp;&nbsp; 4239725 |
| Grand Canyon University, 4.125%, 10/1/24 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 18809550 |
| Johns Hopkins University, 4.705%, 7/1/32 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 7981337 |
|  |  | &nbsp;&nbsp;**$35296684** |
| Other — 0.1% | Other — 0.1% | Other — 0.1% |
| YMCA of Greater New York, 2.303%, 8/1/26 | $2590 | &nbsp;&nbsp;$2310270 |
|  |  | &nbsp;&nbsp;**$2310270** |
| Total Corporate Bonds<br> (identified cost $40,745,000) |  | &nbsp;&nbsp;**$37606954** |

---

Tax-Exempt Municipal Obligations — 96.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Bond Bank — 0.7% | Bond Bank — 0.7% | Bond Bank — 0.7% |
| New York State Environmental Facilities Corp., (Revolving Fund), Green Bonds, 5.00%, 9/15/47<sup>(1)</sup> | $10000 | &nbsp;&nbsp;$10919200 |
| Rickenbacker Port Authority, OH, (OASBO Expanded Asset Pooled Financing Program), 5.375%, 1/1/32 | 10105 | &nbsp;&nbsp;&nbsp;&nbsp; 11506563 |
|  |  | &nbsp;&nbsp;**$22425763** |
| Cogeneration — 0.1% | Cogeneration — 0.1% | Cogeneration — 0.1% |
| Northampton County Industrial Development Authority, PA, (Northampton Generating), (AMT), 5.00%, 12/31/23<sup>(2)</sup> | $14652 | &nbsp;&nbsp;$2637417 |
|  |  | &nbsp;&nbsp;**$2637417** |
| Education — 7.6% | Education — 7.6% | Education — 7.6% |
| Arizona Industrial Development Authority, (Somerset Academy of Las Vegas), 4.00%, 12/15/41<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;$488148 |
| Florida Development Finance Corp., (River City Science Academy), 4.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 192059 |
| Florida Higher Educational Facilities Financing Authority, (Jacksonville University), 4.75%, 6/1/38<sup>(3)</sup> | 2245 | &nbsp;&nbsp;&nbsp;&nbsp; 1954834 |
| Maryland Stadium Authority, Built to Learn Revenue, 4.00%, 6/1/52 | 6830 | &nbsp;&nbsp;&nbsp;&nbsp; 6145839 |
| Massachusetts Development Finance Agency, (Harvard University), 4.00%, 7/15/36 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7143570 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Miami University, OH, 4.00%, 9/1/45 | $4030 | &nbsp;&nbsp;$3787152 |
| New York Dormitory Authority, (Columbia University), 5.00%, 10/1/38 | 18310 | &nbsp;&nbsp;&nbsp;&nbsp; 19916336 |
| New York Dormitory Authority, (Rockefeller University), 5.00%, 7/1/53 | 13750 | &nbsp;&nbsp;&nbsp;&nbsp; 14573763 |
| Pennsylvania Higher Educational Facilities Authority, (University of Pennsylvania), 4.00%, 2/15/43 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4926400 |
| Pennsylvania State University, 4.00%, 9/1/50 | 5920 | &nbsp;&nbsp;&nbsp;&nbsp; 5642352 |
| Philadelphia Industrial Development Authority, (Temple University), PA, 5.00%, 4/1/45 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5092450 |
| San Antonio Education Facilities Corp., TX, (University of the Incarnate Word), 4.00%, 4/1/54 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 2692935 |
| Troy Capital Resource Corp., NY, (Rensselaer Polytechnic Institute), 5.00%, 9/1/38 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5259650 |
| University of California: |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 5/15/36 | 5720 | &nbsp;&nbsp;&nbsp;&nbsp; 5886052 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/15/37 | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 13366860 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/15/38 | 7700 | &nbsp;&nbsp;&nbsp;&nbsp; 7912135 |
| University of California Medical Center, 5.00%, 5/15/47 | 28170 | &nbsp;&nbsp;&nbsp;&nbsp; 30386979 |
| University of Massachusetts Building Authority, 5.00%, 11/1/52 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 21213200 |
| University of Oregon, 5.00%, 4/1/50 | 12500 | &nbsp;&nbsp;&nbsp;&nbsp; 13301875 |
| University of Texas, 4.00%, 7/1/42 | 4900 | &nbsp;&nbsp;&nbsp;&nbsp; 4763486 |
| University of Utah, 5.00%, 8/1/44 | 12240 | &nbsp;&nbsp;&nbsp;&nbsp; 13131806 |
| University of Virginia: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/39 | 21600 | &nbsp;&nbsp;&nbsp;&nbsp; 23230800 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/42 | 19370 | &nbsp;&nbsp;&nbsp;&nbsp; 20701300 |
| Utah Board of Higher Education, (Dixie State University), 4.00%, 6/1/44 | 7645 | &nbsp;&nbsp;&nbsp;&nbsp; 7378648 |
| Vermont Educational and Health Buildings Financing Agency, (Middlebury College), 4.00%, 11/1/50 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4558150 |
|  |  | &nbsp;&nbsp;**$243646779** |
| Electric Utilities — 5.1% | Electric Utilities — 5.1% | Electric Utilities — 5.1% |
| Douglas County Public Utility District No. 1, WA, 3.00%, 9/1/52 | $16020 | &nbsp;&nbsp;$12011315 |
| Los Angeles Department of Water and Power, CA, Power System Revenue, 5.00%, 7/1/51 | 14500 | &nbsp;&nbsp;&nbsp;&nbsp; 15570245 |
| New York Power Authority, Green Bonds, 4.00%, 11/15/50 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4604300 |
| Omaha Public Power District, NE: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/39 | 10805 | &nbsp;&nbsp;&nbsp;&nbsp; 11140171 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/47<sup>(1)</sup> | 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 21692400 |
| &nbsp;&nbsp;&nbsp;5.25%, 2/1/52 | 22500 | &nbsp;&nbsp;&nbsp;&nbsp; 24866775 |
| Seattle, WA, Municipal Light and Power Improvement Revenue, 4.00%, 7/1/43 | 10520 | &nbsp;&nbsp;&nbsp;&nbsp; 10247848 |

---

------

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electric Utilities (continued) | Electric Utilities (continued) | Electric Utilities (continued) |
| Utility Debt Securitization Authority, NY: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/30<sup>(1)</sup> | $22500 | &nbsp;&nbsp;$22923000 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/31<sup>(1)</sup> | 27500 | &nbsp;&nbsp;&nbsp;&nbsp; 28014250 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/33 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10622900 |
|  |  | &nbsp;&nbsp;**$161693204** |
| Escrowed/Prerefunded — 2.2% | Escrowed/Prerefunded — 2.2% | Escrowed/Prerefunded — 2.2% |
| Charleston County Airport District, SC, (AMT), Prerefunded to 7/1/23, 5.50%, 7/1/38 | $10000 | &nbsp;&nbsp;$10116400 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport), (AMT), Prerefunded 11/15/31, 5.00%, 5/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp; 76141 |
| New Jersey Turnpike Authority, Prerefunded to 7/1/24, 5.00%, 1/1/31 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10328700 |
| Rutgers State University, NJ, Prerefunded to 5/1/23, 5.00%, 5/1/43<sup>(1)</sup> | 37000 | &nbsp;&nbsp;&nbsp;&nbsp; 37244570 |
| Southwestern Illinois Development Authority, (Memorial Group, Inc.), Prerefunded to 11/1/23, 7.25%, 11/1/33 | 9170 | &nbsp;&nbsp;&nbsp;&nbsp; 9465732 |
| University of California, Prerefunded to 5/15/24, 5.25%, 5/15/36 | 1360 | &nbsp;&nbsp;&nbsp;&nbsp; 1406390 |
|  |  | &nbsp;&nbsp;**$68637933** |
| General Obligations — 20.4% | General Obligations — 20.4% | General Obligations — 20.4% |
| Alamo Community College District, TX, 4.50%, 8/15/47 | $4000 | &nbsp;&nbsp;$4055720 |
| Andover, MA, 4.00%, 7/15/52 | 9750 | &nbsp;&nbsp;&nbsp;&nbsp; 9366922 |
| Beaverton School District No. 48J, OR, 5.00%, 6/15/52<sup>(1)</sup> | 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 16436850 |
| Bergen County Improvement Authority, NJ, (Bergen New Bridge Medical Center), 5.00%, 8/1/47 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5530900 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/42 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 27959500 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/52 | 14750 | &nbsp;&nbsp;&nbsp;&nbsp; 16151102 |
| &nbsp;&nbsp;&nbsp;5.25%, 9/1/47 | 10500 | &nbsp;&nbsp;&nbsp;&nbsp; 11825415 |
| Centennial School District No. 28Jt, OR, 5.00%, 6/15/50 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10798100 |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/30 | 9000 | &nbsp;&nbsp;&nbsp;&nbsp; 9180900 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | 7770 | &nbsp;&nbsp;&nbsp;&nbsp; 7457335 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/44 | 15110 | &nbsp;&nbsp;&nbsp;&nbsp; 14544584 |
| Chicago, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/40 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1490700 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/44 | 12350 | &nbsp;&nbsp;&nbsp;&nbsp; 11998025 |
| &nbsp;&nbsp;&nbsp;5.50%, 1/1/39<sup>(4)</sup> | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5257550 |
| Clackamas Community College District, OR, 5.00%, 6/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp; 814021 |
| Clark County, NV, 5.00%, 5/1/48 | 19650 | &nbsp;&nbsp;&nbsp;&nbsp; 20662368 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Conroe Independent School District, TX, (PSF Guaranteed), 4.00%, 2/15/47 | $5265 | &nbsp;&nbsp;$5095098 |
| Denver City and County School District No. 1, CO, 5.00%, 12/1/45 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 27107750 |
| District of Columbia, 4.00%, 2/1/46 | 13250 | &nbsp;&nbsp;&nbsp;&nbsp; 12747030 |
| Fort Worth Independent School District, TX, (PSF Guaranteed), 5.00%, 2/15/47 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7418740 |
| Galveston Independent School District, TX, (PSF Guaranteed), 4.00%, 2/1/47 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9572200 |
| Harris County Flood Control District, TX, Sustainability Bonds, 4.25%, 10/1/47 | 10940 | &nbsp;&nbsp;&nbsp;&nbsp; 10961771 |
| Hermiston School District No. 8R, OR: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/15/42 | 6475 | &nbsp;&nbsp;&nbsp;&nbsp; 2628008 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/15/45 | 4595 | &nbsp;&nbsp;&nbsp;&nbsp; 1584632 |
| Houston Independent School District, TX, (PSF Guaranteed), 3.50% to 6/1/25 (Put Date), 6/1/39 | 14300 | &nbsp;&nbsp;&nbsp;&nbsp; 14145846 |
| Illinois: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/24 | 10705 | &nbsp;&nbsp;&nbsp;&nbsp; 10845450 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/24 | 11295 | &nbsp;&nbsp;&nbsp;&nbsp; 11511186 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/27 | 18500 | &nbsp;&nbsp;&nbsp;&nbsp; 18666870 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/29 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 15354300 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/39 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9933100 |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/30 | 6150 | &nbsp;&nbsp;&nbsp;&nbsp; 6174846 |
| &nbsp;&nbsp;&nbsp;5.50%, 5/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp; 898449 |
| &nbsp;&nbsp;&nbsp;5.50%, 3/1/42 | 11700 | &nbsp;&nbsp;&nbsp;&nbsp; 12071592 |
| &nbsp;&nbsp;&nbsp;5.75%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp; 924915 |
| Jackson County Consolidated School District No. 4, MO: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/37 | 3575 | &nbsp;&nbsp;&nbsp;&nbsp; 3779061 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/38 | 3675 | &nbsp;&nbsp;&nbsp;&nbsp; 3876353 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/39 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2106660 |
| Massachusetts: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 4/1/49 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 7426900 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/44 | 7850 | &nbsp;&nbsp;&nbsp;&nbsp; 7563711 |
| New York, NY: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/38 | 11520 | &nbsp;&nbsp;&nbsp;&nbsp; 11375424 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/46 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9381000 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/47 | 22350 | &nbsp;&nbsp;&nbsp;&nbsp; 23668203 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/1/42 | 3335 | &nbsp;&nbsp;&nbsp;&nbsp; 3700216 |
| &nbsp;&nbsp;&nbsp;5.25%, 9/1/42 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5563800 |
| &nbsp;&nbsp;&nbsp;5.25%, 9/1/43 | 1665 | &nbsp;&nbsp;&nbsp;&nbsp; 1846052 |
| Northwest Independent School District, TX, (PSF Guaranteed), 5.00%, 2/15/48 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 21637400 |
| Norwalk, CT, 4.00%, 8/15/47 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9946600 |
| Norwood, MA, 4.00%, 9/15/47 | 11065 | &nbsp;&nbsp;&nbsp;&nbsp; 10458970 |

---

------

Eaton Vance<br>

National Municipal Income 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) |
| Pasadena Independent School District, (PSF Guaranteed), 4.00%, 2/15/52 | $10000 | &nbsp;&nbsp;$9387000 |
| Prosper Independent School District, TX, (PSF Guaranteed), 4.00%, 2/15/52 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 7598080 |
| Puerto Rico: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/24 | &nbsp;&nbsp;&nbsp;&nbsp;503 | &nbsp;&nbsp;&nbsp;&nbsp; 466808 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/33 | 1938 | &nbsp;&nbsp;&nbsp;&nbsp; 1050643 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/35 | 1353 | &nbsp;&nbsp;&nbsp;&nbsp; 1142244 |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/23 | &nbsp;&nbsp;&nbsp;&nbsp;841 | &nbsp;&nbsp;&nbsp;&nbsp; 840921 |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/29 | 10762 | &nbsp;&nbsp;&nbsp;&nbsp; 11029399 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/31 | 8891 | &nbsp;&nbsp;&nbsp;&nbsp; 9211287 |
| Rice County, MN, 4.00%, 2/1/52 | 7170 | &nbsp;&nbsp;&nbsp;&nbsp; 7031619 |
| San Antonio Independent School District, TX, (PSF Guaranteed), 5.00%, 8/15/47 | 16240 | &nbsp;&nbsp;&nbsp;&nbsp; 17749833 |
| Santa Clarita Community College District, CA, (Election of 2016), 5.25%, 8/1/48 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 11161000 |
| Spring Branch Independent School District, TX, (PSF Guaranteed), 4.50%, 2/1/47 | 8750 | &nbsp;&nbsp;&nbsp;&nbsp; 8949937 |
| Temple Independent School District, TX, (PSF Guaranteed), 4.25%, 2/1/47 | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 12928890 |
| Texas, (Texas Transportation Commission), Prerefunded to 10/1/24, 5.00%, 10/1/44 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10389300 |
| Waco Independent School District, TX, (PSF Guaranteed), 4.125%, 8/15/47 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5841660 |
| Washington: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/33 | 13140 | &nbsp;&nbsp;&nbsp;&nbsp; 13423298 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/40 | 5350 | &nbsp;&nbsp;&nbsp;&nbsp; 5713372 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/41 | 5465 | &nbsp;&nbsp;&nbsp;&nbsp; 5817930 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/42 | 5950 | &nbsp;&nbsp;&nbsp;&nbsp; 6295636 |
| Westwood, MA, 4.00%, 8/15/52 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9606300 |
| Wisconsin, 4.00%, 5/1/41 | 7090 | &nbsp;&nbsp;&nbsp;&nbsp; 7069864 |
| Ysleta Independent School District, TX, (PSF Guaranteed): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/15/56 | 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 10695520 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/15/56<sup>(1)</sup> | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5420550 |
|  |  | &nbsp;&nbsp;**$652323216** |
| Health Care - Miscellaneous — 0.3% | Health Care - Miscellaneous — 0.3% | Health Care - Miscellaneous — 0.3% |
| Washington Health Care Facilities Authority, (Seattle Cancer Care Alliance), 5.00%, 9/1/55 | $8340 | &nbsp;&nbsp;$8496542 |
|  |  | &nbsp;&nbsp;**$8496542** |
| Hospital — 10.6% | Hospital — 10.6% | Hospital — 10.6% |
| Brevard County Health Facilities Authority, FL, (Health First Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/47 | $10000 | &nbsp;&nbsp;$10309700 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/52 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10136500 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| Bucks County Industrial Development Authority, PA, (Grand View Hospital), 4.00%, 7/1/51 | $4000 | &nbsp;&nbsp;$2910840 |
| California Health Facilities Financing Authority, (Cedars-Sinai Health System): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/15/48 | 25315 | &nbsp;&nbsp;&nbsp;&nbsp; 24171015 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/15/51 | 13880 | &nbsp;&nbsp;&nbsp;&nbsp; 14760131 |
| California Health Facilities Financing Authority, (Lucile Salter Packard Children's Hospital at Stanford), 4.00%, 5/15/51 | 6660 | &nbsp;&nbsp;&nbsp;&nbsp; 6305355 |
| California Health Facilities Financing Authority, (St. Joseph Health System): |  |  |
| &nbsp;&nbsp;&nbsp;Prerefunded to 7/1/23, 5.00%, 7/1/33 | 17530 | &nbsp;&nbsp;&nbsp;&nbsp; 17707053 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 7/1/23, 5.00%, 7/1/37 | 25465 | &nbsp;&nbsp;&nbsp;&nbsp; 25722197 |
| Colorado Health Facilities Authority, (AdventHealth Obligated Group), 4.00%, 11/15/43 | 7525 | &nbsp;&nbsp;&nbsp;&nbsp; 7020900 |
| Colorado Health Facilities Authority, (Intermountain Healthcare), 4.00%, 5/15/52 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3716160 |
| Connecticut Health and Educational Facilities Authority, (Nuvance Health), 4.00%, 7/1/41 | 2885 | &nbsp;&nbsp;&nbsp;&nbsp; 2563178 |
| Connecticut Health and Educational Facilities Authority, (Trinity Health Corp.), 5.00%, 12/1/41 | 5295 | &nbsp;&nbsp;&nbsp;&nbsp; 5424357 |
| Decatur Hospital Authority, TX, (Wise Health System), 4.00%, 9/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp; 748155 |
| Escambia County Health Facilities Authority, FL, (Baptist Health Care Corp. Obligated Group), 4.00%, 8/15/45 | 4305 | &nbsp;&nbsp;&nbsp;&nbsp; 3750860 |
| Geisinger Authority, PA, (Geisinger Health System), 4.00%, 2/15/47 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 7268400 |
| Illinois Finance Authority, (Northwestern Memorial HealthCare), 4.00%, 7/15/47 | 7500 | &nbsp;&nbsp;&nbsp;&nbsp; 6879375 |
| Illinois Finance Authority, (Presence Health Network), 5.00%, 2/15/26 | 7500 | &nbsp;&nbsp;&nbsp;&nbsp; 7983675 |
| Lancaster County Hospital Authority, PA, (Penn State Health), 5.00%, 11/1/46 | 10500 | &nbsp;&nbsp;&nbsp;&nbsp; 10656975 |
| Lehigh County General Purpose Authority, PA, (Lehigh Valley Health Network), 4.00%, 7/1/49 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4362550 |
| Massachusetts Development Finance Agency, (Partners HealthCare System), 4.00%, 7/1/41 | 8500 | &nbsp;&nbsp;&nbsp;&nbsp; 8217375 |
| Michigan Finance Authority, (Beaumont Health Credit Group), 5.00%, 11/1/44 | 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 11185240 |
| Michigan Finance Authority, (Henry Ford Health System), 4.00%, 11/15/50 | 11795 | &nbsp;&nbsp;&nbsp;&nbsp; 10473724 |
| Michigan Finance Authority, (Trinity Health Credit Group): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/45 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9223000 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/49 | 5645 | &nbsp;&nbsp;&nbsp;&nbsp; 5095403 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/41 | 5395 | &nbsp;&nbsp;&nbsp;&nbsp; 5634268 |
| Minneapolis, MN, (Allina Health System), 4.00%, 11/15/39 | 6405 | &nbsp;&nbsp;&nbsp;&nbsp; 6149056 |

---

------

Eaton Vance<br>

National Municipal Income 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) |
| Missouri Health and Educational Facilities Authority, (BJC Health System): |  |  |
| &nbsp;&nbsp;&nbsp;4.00% to 1/1/46 (Put Date), 1/1/50 | $4000 | &nbsp;&nbsp;$3731080 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/44 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6032340 |
| Missouri Health and Educational Facilities Authority, (Children's Mercy Hospital), 4.00%, 5/15/48 | 5475 | &nbsp;&nbsp;&nbsp;&nbsp; 5017290 |
| New York Dormitory Authority, (Northwell Health Obligated Group), 5.00%, 5/1/52 | 11795 | &nbsp;&nbsp;&nbsp;&nbsp; 12037151 |
| Oregon Facilities Authority, (Samaritan Health Services), 5.00%, 10/1/35 | 2260 | &nbsp;&nbsp;&nbsp;&nbsp; 2323370 |
| Oregon Health and Science University, Green Bonds, 4.00%, 7/1/51 | 4185 | &nbsp;&nbsp;&nbsp;&nbsp; 3970812 |
| Salem Hospital Facility Authority, OR, (Salem Health), 5.00%, 5/15/44 | 11620 | &nbsp;&nbsp;&nbsp;&nbsp; 11907130 |
| South Broward Hospital District, FL, 3.00%, 5/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 304525 |
| South Dakota Health and Educational Facilities Authority, (Sanford Health), 5.00%, 11/1/44 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9807400 |
| Southcentral Pennsylvania General Authority, (WellSpan Health Obligated Group), 4.00%, 6/1/49 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4628600 |
| Tarrant County Cultural Education Facilities Finance Corp., TX, (Baylor Scott & White Health), 5.00%, 11/15/45 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8208640 |
| Washington Health Care Facilities Authority, (Seattle Children's Hospital), 4.00%, 10/1/45 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4610250 |
| West Virginia Hospital Finance Authority, (West Virginia United Health System Obligated Group), Prerefunded to 6/1/23, 5.375%, 6/1/38 | 21895 | &nbsp;&nbsp;&nbsp;&nbsp; 22098186 |
| Wisconsin Health and Educational Facilities Authority, (Ascension Health Alliance Senior Credit Group), 4.00%, 11/15/43 | 4625 | &nbsp;&nbsp;&nbsp;&nbsp; 4411603 |
| Wisconsin Health and Educational Facilities Authority, (Ascension Senior Credit Group): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/39 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4876200 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/46 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4594150 |
|  |  | &nbsp;&nbsp;**$336934169** |
| Housing — 1.3% | Housing — 1.3% | Housing — 1.3% |
| California Community Housing Agency, (Summit at Sausalito Apartments), 3.00%, 2/1/57<sup>(3)</sup> | $2335 | &nbsp;&nbsp;$1554690 |
| CMFA Special Finance Agency, CA, (Solana at Grand), 4.00%, 8/1/56<sup>(3)</sup> | 5525 | &nbsp;&nbsp;&nbsp;&nbsp; 4575860 |
| CSCDA Community Improvement Authority, CA, (City of Orange Portfolio), Essential Housing Revenue, Social Bonds, 3.00%, 3/1/57<sup>(3)</sup> | 15730 | &nbsp;&nbsp;&nbsp;&nbsp; 10468315 |
| CSCDA Community Improvement Authority, CA, (Pasadena Portfolio), Essential Housing Revenue, Social Bonds, 3.00%, 12/1/56<sup>(3)</sup> | 7395 | &nbsp;&nbsp;&nbsp;&nbsp; 4901776 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| Maryland Economic Development Corp., (Morgan State University), Student Housing Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/56 | $1750 | &nbsp;&nbsp;$1703362 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/53 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2117360 |
| Massachusetts Housing Finance Agency, (Mill Road Apartments), 4.21%, (SIFMA + 0.55%), 11/1/23 (Put Date), 11/1/48<sup>(5)</sup> | 3890 | &nbsp;&nbsp;&nbsp;&nbsp; 3890000 |
| New York City Housing Development Corp., NY, 2.60%, 11/1/46 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2016750 |
| Texas Student Housing Corp., (University of Northern Texas), 6.85%, 7/1/31<sup>(6)</sup> | 10640 | &nbsp;&nbsp;&nbsp;&nbsp; 10427200 |
|  |  | &nbsp;&nbsp;**$41655313** |
| Industrial Development Revenue — 2.0% | Industrial Development Revenue — 2.0% | Industrial Development Revenue — 2.0% |
| Arkansas Development Finance Authority, (Big River Steel), (AMT), 4.50%, 9/1/49<sup>(3)</sup> | $1000 | &nbsp;&nbsp;$874810 |
| California Infrastructure and Economic Development Bank, (Infrastructure State Revolving Fund), 5.00%, 10/1/52 | 14550 | &nbsp;&nbsp;&nbsp;&nbsp; 15855280 |
| Metropolitan Nashville Airport Authority, TN, (Aero Nashville), 5.20%, 7/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 183232 |
| New York Transportation Development Corp., (Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment), (AMT), 5.00%, 10/1/40 | 41585 | &nbsp;&nbsp;&nbsp;&nbsp; 40156970 |
| Rockdale County Development Authority, GA, (Pratt Paper, LLC), (AMT), 4.00%, 1/1/38<sup>(3)</sup> | 3350 | &nbsp;&nbsp;&nbsp;&nbsp; 3039087 |
| Vermont Economic Development Authority, (Casella Waste Systems, Inc.), (AMT), 4.625% to 4/3/28 (Put Date), 4/1/36<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 462983 |
| Warren County, MS, (International Paper Co.), 1.375% to 6/16/25 (Put Date), 5/1/34 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3731520 |
|  |  | &nbsp;&nbsp;**$64303882** |
| Insured - Bond Bank — 0.7% | Insured - Bond Bank — 0.7% | Insured - Bond Bank — 0.7% |
| Indianapolis Local Public Improvement Bond Bank, IN, (AGM), 4.00%, 6/1/39 | $24130 | &nbsp;&nbsp;$23763465 |
|  |  | &nbsp;&nbsp;**$23763465** |
| Insured - Electric Utilities — 0.1% | Insured - Electric Utilities — 0.1% | Insured - Electric Utilities — 0.1% |
| Brownsville, TX, Utility System Revenue, (BAM), 5.00%, 9/1/51 | $1220 | &nbsp;&nbsp;$1282244 |
| West Memphis, AR, Public Utility System Revenue, (BAM), 3.00%, 12/1/41 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1019663 |
|  |  | &nbsp;&nbsp;**$2301907** |

---

------

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Escrowed/Prerefunded — 1.2% | Insured - Escrowed/Prerefunded — 1.2% | Insured - Escrowed/Prerefunded — 1.2% |
| North Texas Tollway Authority, (AGC), Prerefunded to 1/1/25, 6.20%, 1/1/42 | $37070 | &nbsp;&nbsp;$39544422 |
|  |  | &nbsp;&nbsp;**$39544422** |
| Insured - General Obligations — 1.5% | Insured - General Obligations — 1.5% | Insured - General Obligations — 1.5% |
| Clark County School District, NV, (AGM), 4.25%, 6/15/41 | $5000 | &nbsp;&nbsp;$5030250 |
| Ellis County Unified School District No. 489, KS, (AGM), 5.00%, 9/1/47 | 13600 | &nbsp;&nbsp;&nbsp;&nbsp; 14499912 |
| Lumberton Municipal Utility District, TX, (AGM), 3.00%, 8/15/52 | 5045 | &nbsp;&nbsp;&nbsp;&nbsp; 3604905 |
| Nassau County, NY, (AGM), 5.00%, 4/1/49 | 10335 | &nbsp;&nbsp;&nbsp;&nbsp; 10914173 |
| Wyandotte County Unified School District No. 203, KS, (AGM), 5.25%, 9/1/52 | 13165 | &nbsp;&nbsp;&nbsp;&nbsp; 14522707 |
|  |  | &nbsp;&nbsp;**$48571947** |
| Insured - Hospital — 0.0%<sup>(7)</sup> | Insured - Hospital — 0.0%<sup>(7)</sup> | Insured - Hospital — 0.0%<sup>(7)</sup> |
| California Statewide Communities Development Authority, (Enloe Medical Center), (AGM), 5.25%, 8/15/52 | $&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;$842264 |
|  |  | &nbsp;&nbsp;**$842264** |
| Insured - Lease Revenue/Certificates of Participation — 0.0%<sup>(7)</sup> | Insured - Lease Revenue/Certificates of Participation — 0.0%<sup>(7)</sup> | Insured - Lease Revenue/Certificates of Participation — 0.0%<sup>(7)</sup> |
| Hudson Yards Infrastructure Corp., NY, (AGM), 4.00%, 2/15/47 | $1530 | &nbsp;&nbsp;$1401862 |
|  |  | &nbsp;&nbsp;**$1401862** |
| Insured - Other Revenue — 1.0% | Insured - Other Revenue — 1.0% | Insured - Other Revenue — 1.0% |
| Harris County-Houston Sports Authority, TX, (AGM), (NPFG), 0.00%, 11/15/34 | $58155 | &nbsp;&nbsp;$32818030 |
|  |  | &nbsp;&nbsp;**$32818030** |
| Insured - Special Tax Revenue — 0.8% | Insured - Special Tax Revenue — 0.8% | Insured - Special Tax Revenue — 0.8% |
| Massachusetts, Dedicated Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.50%, 1/1/29 | $11000 | &nbsp;&nbsp;$12500400 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.50%, 1/1/30 | 3080 | &nbsp;&nbsp;&nbsp;&nbsp; 3548992 |
| Metropolitan Pier and Exposition Authority, IL, (McCormick Place), (BAM), 4.00%, 12/15/42 | 10440 | &nbsp;&nbsp;&nbsp;&nbsp; 9321354 |
|  |  | &nbsp;&nbsp;**$25370746** |
| Insured - Transportation — 0.8% | Insured - Transportation — 0.8% | Insured - Transportation — 0.8% |
| E-470 Public Highway Authority, CO, (NPFG), 0.00%, 9/1/37 | $13335 | &nbsp;&nbsp;$6592957 |
| Kansas City Industrial Development Authority, MO, (Kansas City International Airport Terminal Modernization), (AGM), (AMT), 5.00%, 3/1/55 | 7785 | &nbsp;&nbsp;&nbsp;&nbsp; 7864874 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Transportation (continued) | Insured - Transportation (continued) | Insured - Transportation (continued) |
| Love Field Airport Modernization Corp., TX, (AGM), (AMT), 4.00%, 11/1/37 | $4000 | &nbsp;&nbsp;$3817920 |
| Metropolitan Transportation Authority, NY, Green Bonds, (AGM), 4.00%, 11/15/48 | 8900 | &nbsp;&nbsp;&nbsp;&nbsp; 8028868 |
|  |  | &nbsp;&nbsp;**$26304619** |
| Insured - Water and Sewer — 0.3% | Insured - Water and Sewer — 0.3% | Insured - Water and Sewer — 0.3% |
| Pittsburg Public Financing Authority, CA, Water Revenue, (AGM), 5.00%, 8/1/52 | $10000 | &nbsp;&nbsp;$10809900 |
|  |  | &nbsp;&nbsp;**$10809900** |
| Lease Revenue/Certificates of Participation — 1.8% | Lease Revenue/Certificates of Participation — 1.8% | Lease Revenue/Certificates of Participation — 1.8% |
| Colorado, Certificates of Participation, 6.00%, 12/15/40 | $5045 | &nbsp;&nbsp;$5954512 |
| Hampton Roads Transportation Accountability Commission, VA, 4.00%, 7/1/57 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4557250 |
| Minnesota: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/27 | 12000 | &nbsp;&nbsp;&nbsp;&nbsp; 13178880 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/38 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2510475 |
| New Jersey Economic Development Authority, (School Facilities Construction): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/23 | 4810 | &nbsp;&nbsp;&nbsp;&nbsp; 4844536 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/39 | 2165 | &nbsp;&nbsp;&nbsp;&nbsp; 2246426 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 12/15/28, 5.00%, 6/15/34 | 8460 | &nbsp;&nbsp;&nbsp;&nbsp; 8993657 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 12/15/28, 5.00%, 6/15/35 | 13300 | &nbsp;&nbsp;&nbsp;&nbsp; 14034559 |
|  |  | &nbsp;&nbsp;**$56320295** |
| Nursing Home — 0.1% | Nursing Home — 0.1% | Nursing Home — 0.1% |
| Mississippi Business Finance Corp., (Magnolia Healthcare), 7.99%, 7/1/25 | $3190 | &nbsp;&nbsp;$3209076 |
|  |  | &nbsp;&nbsp;**$3209076** |
| Other Revenue — 2.1% | Other Revenue — 2.1% | Other Revenue — 2.1% |
| Buckeye Tobacco Settlement Financing Authority, OH, 5.00%, 6/1/55 | $35665 | &nbsp;&nbsp;$31002871 |
| Central Falls Detention Facility Corp., RI, 7.25%, 7/15/35<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 45000 |
| Cleveland-Cuyahoga County Port Authority, OH, (Playhouse Square Foundation), 5.25%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 757162 |
| DuPage County, IL, (The Morton Arboretum), Green Bonds, 3.00%, 5/15/47 | 5085 | &nbsp;&nbsp;&nbsp;&nbsp; 3686778 |
| Golden State Tobacco Securitization Corp., CA, 5.00%, 6/1/51 | 4900 | &nbsp;&nbsp;&nbsp;&nbsp; 5034505 |
| Houston, TX, Hotel Occupancy Tax and Special Revenue, 3.00%, 9/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 130718 |
| Kalispel Tribe of Indians, WA: |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 5.25%, 1/1/38<sup>(3)</sup> | 1865 | &nbsp;&nbsp;&nbsp;&nbsp; 1949578 |

---

------

Eaton Vance<br>

National Municipal Income 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) |
| Kalispel Tribe of Indians, WA: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series B, 5.25%, 1/1/38<sup>(3)</sup> | $1000 | &nbsp;&nbsp;$1045350 |
| Minnesota Municipal Gas Agency, (Liq: Royal Bank of Canada), 3.881%, (67% of SOFR + 1.00%), 12/1/27 (Put Date), 12/1/52<sup>(5)</sup> | 12500 | &nbsp;&nbsp;&nbsp;&nbsp; 12062000 |
| Texas Municipal Gas Acquisition and Supply Corp. I, Gas Supply Revenue, 6.25%, 12/15/26 | 11645 | &nbsp;&nbsp;&nbsp;&nbsp; 12261253 |
|  |  | &nbsp;&nbsp;**$67975215** |
| Senior Living/Life Care — 1.4% | Senior Living/Life Care — 1.4% | Senior Living/Life Care — 1.4% |
| California Public Finance Authority, (Enso Village): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 2.125%, 11/15/27<sup>(3)</sup> | $1155 | &nbsp;&nbsp;$1070766 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 2.375%, 11/15/28<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 890702 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 11/15/46<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 456230 |
| Clackamas County Hospital Facility Authority, OR, (Rose Villa): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 219257 |
| &nbsp;&nbsp;&nbsp;5.375%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 264285 |
| Manhattan, KS, (Meadowlark Hills), 4.00%, 6/1/46 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 742040 |
| Multnomah County Hospital Facilities Authority, OR, (Terwilliger Plaza), 4.00%, 12/1/36 | 1360 | &nbsp;&nbsp;&nbsp;&nbsp; 1185077 |
| New Hope Cultural Education Facilities Finance Corp., TX, (Longhorn Village), 5.00%, 1/1/47 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 7205040 |
| Palm Beach County Health Facilities Authority, FL, (Green Cay Life Plan Village), 11.50%, 7/1/27<sup>(3)</sup> | 5550 | &nbsp;&nbsp;&nbsp;&nbsp; 5382945 |
| Palm Beach County Health Facilities Authority, FL, (Toby & Leon Cooperman Sinai Residences of Boca Raton), 4.25%, 6/1/56 | 4440 | &nbsp;&nbsp;&nbsp;&nbsp; 3249370 |
| Public Finance Authority, WI, (Searstone CCRC), 3.00%, 6/1/28<sup>(3)</sup> | 17410 | &nbsp;&nbsp;&nbsp;&nbsp; 15336991 |
| Rockville, MD, (Ingleside at King Farm): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/31 | 1010 | &nbsp;&nbsp;&nbsp;&nbsp; 973610 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 358961 |
| Tarrant County Cultural Education Facilities Finance Corp., TX, (MRC Stevenson Oaks): |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 11/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp; 694902 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/15/51 | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 2999165 |
| &nbsp;&nbsp;&nbsp;6.875%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 186162 |
| Wisconsin Health and Educational Facilities Authority, (Saint John's Communities, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp; 635103 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 515138 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 9/15/23, 5.00%, 9/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 760155 |
|  |  | &nbsp;&nbsp;**$43125899** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue — 7.8% | Special Tax Revenue — 7.8% | Special Tax Revenue — 7.8% |
| Central Puget Sound Regional Transit Authority, WA, Sales and Motor Vehicle Excise Tax Revenue, Green Bonds, 4.00%, 11/1/46 | $11825 | &nbsp;&nbsp;$11231385 |
| District of Columbia, Income Tax Revenue, 5.50%, 7/1/47 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 11400300 |
| Kissimmee City, FL, Sales Tax Revenue, 4.00%, 10/1/51 | 11930 | &nbsp;&nbsp;&nbsp;&nbsp; 10958421 |
| Los Angeles County Metropolitan Transportation Authority, CA, Sales Tax Revenue, 5.00%, 7/1/44 | 15060 | &nbsp;&nbsp;&nbsp;&nbsp; 16582265 |
| Metropolitan Pier and Exposition Authority, IL, (McCormick Place Expansion), 4.00%, 6/15/50 | 10250 | &nbsp;&nbsp;&nbsp;&nbsp; 8424885 |
| Michigan Trunk Line Fund: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/45 | 9925 | &nbsp;&nbsp;&nbsp;&nbsp; 9396791 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/46 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9411300 |
| New River Community Development District, FL, (Capital Improvements): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/13<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;5.35%, 5/1/38<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;5.75%, 5/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 342465 |
| New York City Transitional Finance Authority, NY, Future Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/38 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4885550 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10546600 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/39 | 4585 | &nbsp;&nbsp;&nbsp;&nbsp; 4687796 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/46 | 1095 | &nbsp;&nbsp;&nbsp;&nbsp; 1181352 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/46<sup>(1)</sup> | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 14025180 |
| &nbsp;&nbsp;&nbsp;(SPA: JPMorgan Chase Bank, N.A.), 3.65%, 11/1/36<sup>(8)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10000000 |
| New York Dormitory Authority, Personal Income Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/39 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9759200 |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/40 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9725600 |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/46 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4690150 |
| &nbsp;&nbsp;&nbsp;4.00%, 2/15/47 | 15220 | &nbsp;&nbsp;&nbsp;&nbsp; 14246681 |
| New York Dormitory Authority, Sales Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/35 | 7840 | &nbsp;&nbsp;&nbsp;&nbsp; 8405969 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 3/15/28 | 1705 | &nbsp;&nbsp;&nbsp;&nbsp; 1875364 |
| New York State Urban Development Corp., 5.00%, 3/15/49 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 26543750 |
| New York Thruway Authority, Personal Income Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/15/44 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4734200 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/15/48 | 3810 | &nbsp;&nbsp;&nbsp;&nbsp; 4062298 |
| Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue, 4.00%, 12/1/51 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4715450 |
| Puerto Rico Sales Tax Financing Corp., 5.00%, 7/1/58 | 39941 | &nbsp;&nbsp;&nbsp;&nbsp; 36363485 |
| Southern Hills Plantation I Community Development District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;Series A1, 5.80%, 5/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 360124 |

---

------

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue (continued) | Special Tax Revenue (continued) | Special Tax Revenue (continued) |
| Southern Hills Plantation I Community Development District, FL: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series A2, 5.80%, 5/1/35 | $&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;$208611 |
| Sterling Hill Community Development District, FL, 6.20%, 5/1/35 | 1532 | &nbsp;&nbsp;&nbsp;&nbsp; 827089 |
|  |  | &nbsp;&nbsp;**$249592261** |
| Student Loan — 0.1% | Student Loan — 0.1% | Student Loan — 0.1% |
| New Jersey Higher Education Student Assistance Authority, Series 2015-1A, (AMT), 4.00%, 12/1/28 | $2380 | &nbsp;&nbsp;$2378215 |
|  |  | &nbsp;&nbsp;**$2378215** |
| Transportation — 22.2% | Transportation — 22.2% | Transportation — 22.2% |
| Allegheny County Airport Authority, PA, (Pittsburgh International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 1/1/39 | $7000 | &nbsp;&nbsp;$6546120 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/51 | 12775 | &nbsp;&nbsp;&nbsp;&nbsp; 12911181 |
| Austin, TX, Airport System Revenue, (AMT), 5.00%, 11/15/38 | 6175 | &nbsp;&nbsp;&nbsp;&nbsp; 6444477 |
| Chicago, IL, (Midway International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/41 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6071040 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/34 | 5250 | &nbsp;&nbsp;&nbsp;&nbsp; 5270528 |
| Chicago, IL, (O'Hare International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/44 | 9500 | &nbsp;&nbsp;&nbsp;&nbsp; 8923825 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/36 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6231300 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/33 | 7300 | &nbsp;&nbsp;&nbsp;&nbsp; 7447168 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/34 | 12500 | &nbsp;&nbsp;&nbsp;&nbsp; 12739125 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/47 | 6450 | &nbsp;&nbsp;&nbsp;&nbsp; 6469801 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/53 | 14370 | &nbsp;&nbsp;&nbsp;&nbsp; 14485104 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 1/1/53 | 10500 | &nbsp;&nbsp;&nbsp;&nbsp; 10779405 |
| Dallas and Fort Worth, TX, (Dallas/Fort Worth International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 11/1/31 | 10395 | &nbsp;&nbsp;&nbsp;&nbsp; 10596351 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 11/1/30 | 11015 | &nbsp;&nbsp;&nbsp;&nbsp; 11145638 |
| Denver City and County, CO, Airport System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/1/35 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5244750 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/1/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10367200 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 11/15/42 | 9575 | &nbsp;&nbsp;&nbsp;&nbsp; 9951776 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 11/15/53 | 5835 | &nbsp;&nbsp;&nbsp;&nbsp; 5951117 |
| Georgia Ports Authority, 4.00%, 7/1/40 | 6750 | &nbsp;&nbsp;&nbsp;&nbsp; 6595627 |
| Harris County, TX, Toll Road Revenue, 4.00%, 8/15/48 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2372100 |
| Hawaii, Airports System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/43 | 3900 | &nbsp;&nbsp;&nbsp;&nbsp; 3988608 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/45 | 11205 | &nbsp;&nbsp;&nbsp;&nbsp; 11309431 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/47 | 12500 | &nbsp;&nbsp;&nbsp;&nbsp; 12828500 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation (continued) | Transportation (continued) | Transportation (continued) |
| Illinois Toll Highway Authority: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/46 | $10185 | &nbsp;&nbsp;$9537641 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/38 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 15164850 |
| Indianapolis Local Public Improvement Bond Bank, IN, (Indianapolis Airport Authority): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 1/1/38 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1338825 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 1/1/39 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2131820 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 1/1/40 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5303000 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 1/1/41 | 3255 | &nbsp;&nbsp;&nbsp;&nbsp; 3435913 |
| Kansas City Industrial Development Authority, MO, (Kansas City International Airport Terminal Modernization): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 3/1/39 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2803980 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 3/1/38 | 13500 | &nbsp;&nbsp;&nbsp;&nbsp; 13954815 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 3/1/46 | 6400 | &nbsp;&nbsp;&nbsp;&nbsp; 6487616 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 3/1/54 | 4835 | &nbsp;&nbsp;&nbsp;&nbsp; 4838675 |
| Lee County, FL, Airport Revenue, (AMT), 5.00%, 10/1/46 | 6775 | &nbsp;&nbsp;&nbsp;&nbsp; 6894579 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 5/15/50 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 8969200 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/46 | 19935 | &nbsp;&nbsp;&nbsp;&nbsp; 20450718 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.00%, 5/15/47 | 17855 | &nbsp;&nbsp;&nbsp;&nbsp; 18416004 |
| Maryland Economic Development Corp., (Transportation Facilities), 5.00%, 6/1/35 | 1050 | &nbsp;&nbsp;&nbsp;&nbsp; 1095696 |
| Massachusetts Port Authority, (AMT), 4.00%, 7/1/46 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6435800 |
| Metropolitan Nashville Airport Authority, TN: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/49 | 20500 | &nbsp;&nbsp;&nbsp;&nbsp; 20810985 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 7/1/47 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5226450 |
| Metropolitan Washington Airports Authority, D.C., (AMT), 5.00%, 10/1/44 | 10500 | &nbsp;&nbsp;&nbsp;&nbsp; 10754100 |
| New Jersey Economic Development Authority, (Portal North Bridge), 5.25%, 11/1/47 | 12700 | &nbsp;&nbsp;&nbsp;&nbsp; 13351764 |
| New Jersey Transportation Trust Fund Authority, (Transportation Program): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/50 | 20500 | &nbsp;&nbsp;&nbsp;&nbsp; 20697825 |
| &nbsp;&nbsp;&nbsp;2019 Series AA, 5.25%, 6/15/43 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10393600 |
| &nbsp;&nbsp;&nbsp;2019 Series BB, 4.00%, 6/15/50 | 17575 | &nbsp;&nbsp;&nbsp;&nbsp; 14804477 |
| &nbsp;&nbsp;&nbsp;2020 Series AA, 4.00%, 6/15/50 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 8423600 |
| &nbsp;&nbsp;&nbsp;2022 Series CC, 5.25%, 6/15/43 | 5750 | &nbsp;&nbsp;&nbsp;&nbsp; 6098278 |
| New Jersey Transportation Trust Fund Authority, (Transportation System), 4.00%, 6/15/36 | 4085 | &nbsp;&nbsp;&nbsp;&nbsp; 3980138 |
| New Jersey Turnpike Authority, 4.50%, 1/1/48 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8110160 |
| New York Thruway Authority, 4.00%, 1/1/44 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9402700 |
| New York Transportation Development Corp., (LaGuardia Airport Terminal B Redevelopment): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/46 | 17865 | &nbsp;&nbsp;&nbsp;&nbsp; 17126818 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 1/1/50 | 1180 | &nbsp;&nbsp;&nbsp;&nbsp; 1148305 |

---

------

Eaton Vance<br>

National Municipal Income 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) |
| New York Transportation Development Corp., (Terminal 4 John F. Kennedy International Airport), (AMT), 5.00%, 12/1/29 | $10000 | &nbsp;&nbsp;$10583600 |
| North Texas Tollway Authority, 4.125%, 1/1/39 | 10215 | &nbsp;&nbsp;&nbsp;&nbsp; 10142678 |
| Oregon Department of Transportation, 4.00%, 11/15/42 | 11730 | &nbsp;&nbsp;&nbsp;&nbsp; 11573053 |
| Pennsylvania Turnpike Commission: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/51 | 9000 | &nbsp;&nbsp;&nbsp;&nbsp; 8473680 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/53 | 16645 | &nbsp;&nbsp;&nbsp;&nbsp; 15621000 |
| &nbsp;&nbsp;&nbsp;(LOC: TD Bank, N.A.), 3.66%, 12/1/39<sup>(9)</sup> | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 13000000 |
| Philadelphia, PA, Airport Revenue, (AMT), 5.00%, 7/1/47 | 4595 | &nbsp;&nbsp;&nbsp;&nbsp; 4541147 |
| Phoenix Civic Improvement Corp., AZ, Airport Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/42 | 6250 | &nbsp;&nbsp;&nbsp;&nbsp; 6375562 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/49 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10134400 |
| Port Authority of New York and New Jersey: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/39 | 2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2101926 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/37 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6525900 |
| Port of Portland, OR, (Portland International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 7/1/50 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4330450 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/44 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8165440 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/45 | 12260 | &nbsp;&nbsp;&nbsp;&nbsp; 12521506 |
| Port of Seattle, WA, (AMT), 5.00%, 4/1/44 | 9870 | &nbsp;&nbsp;&nbsp;&nbsp; 10120501 |
| Salt Lake City, UT, (Salt Lake City International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/42 | 17330 | &nbsp;&nbsp;&nbsp;&nbsp; 17642806 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/43 | 3165 | &nbsp;&nbsp;&nbsp;&nbsp; 3227635 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/46 | 15975 | &nbsp;&nbsp;&nbsp;&nbsp; 16318782 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/47 | 6500 | &nbsp;&nbsp;&nbsp;&nbsp; 6535165 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 7/1/48 | 16260 | &nbsp;&nbsp;&nbsp;&nbsp; 16646988 |
| San Diego County Regional Airport Authority, CA, 4.00%, 7/1/51 | 8750 | &nbsp;&nbsp;&nbsp;&nbsp; 8015175 |
| San Francisco City and County Airport Commission, CA, (San Francisco International Airport), (AMT), 5.00%, 5/1/49 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5065400 |
| Southeastern Pennsylvania Transportation Authority, 5.25%, 6/1/47 | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 14269450 |
| Texas Private Activity Bond Surface Transportation Corp., (North Tarrant Express Managed Lanes Project): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/31/38 | 4140 | &nbsp;&nbsp;&nbsp;&nbsp; 3782221 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/31/35 | 2885 | &nbsp;&nbsp;&nbsp;&nbsp; 2990245 |
| Virginia Small Business Financing Authority, (95 Express Lanes, LLC), (AMT), 4.00%, 1/1/39 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6367970 |
|  |  | &nbsp;&nbsp;**$707331184** |
| Water and Sewer — 4.1% | Water and Sewer — 4.1% | Water and Sewer — 4.1% |
| Austin, TX, Water and Wastewater System Revenue, 5.00%, 11/15/47 | $4000 | &nbsp;&nbsp;$4376360 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Water and Sewer (continued) | Water and Sewer (continued) | Water and Sewer (continued) |
| Gilbert Water Resources Municipal Property Corp., AZ, Green Bonds, 4.00%, 7/15/47 | $3000 | &nbsp;&nbsp;$2902320 |
| Los Angeles Department of Water and Power, CA, Water System Revenue, 5.00%, 7/1/47 | 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 17472320 |
| Massachusetts Clean Water Trust, Green Bonds, 5.00%, 2/1/43 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3332910 |
| Michigan Finance Authority, (Detroit Water and Sewerage Department), 5.00%, 7/1/33 | 8095 | &nbsp;&nbsp;&nbsp;&nbsp; 8284666 |
| New York City Municipal Water Finance Authority, NY, (Water and Sewer System): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/49 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9294400 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/47<sup>(1)</sup> | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8600560 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/51 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5308350 |
| Philadelphia, PA, Water and Wastewater Revenue, 5.00%, 10/1/43 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5236150 |
| San Jose Financing Authority, CA, Wastewater Revenue, Green Bonds, 5.00%, 11/1/52 | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 14376050 |
| San Mateo-Foster City Public Financing Authority, CA, (Clean Water Program), 5.00%, 8/1/49 | 23445 | &nbsp;&nbsp;&nbsp;&nbsp; 25255892 |
| Sarasota County, FL, Utility System Revenue, 5.25%, 10/1/52 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 16532250 |
| Seattle, WA, Water System, Green Bonds, 5.00%, 9/1/52 | 8610 | &nbsp;&nbsp;&nbsp;&nbsp; 9406080 |
|  |  | &nbsp;&nbsp;**$130378308** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $3,054,202,067) |  | &nbsp;&nbsp;**$3074793833** |

---

Taxable Municipal Obligations — 4.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Cogeneration — 0.0%<sup>(7)</sup> | Cogeneration — 0.0%<sup>(7)</sup> | Cogeneration — 0.0%<sup>(7)</sup> |
| Northampton County Industrial Development Authority, PA, (Northampton Generating), 5.00%, 12/31/23<sup>(2)</sup> | $5934 | &nbsp;&nbsp;$1068113 |
|  |  | &nbsp;&nbsp;**$1068113** |
| Education — 0.1% | Education — 0.1% | Education — 0.1% |
| San Antonio Education Facilities Corp., TX, (University of the Incarnate Word): |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 4/1/30 | $1100 | &nbsp;&nbsp;$889966 |
| &nbsp;&nbsp;&nbsp;3.15%, 4/1/37 | 1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1295998 |
|  |  | &nbsp;&nbsp;**$2185964** |

---

------

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations — 0.6% | General Obligations — 0.6% | General Obligations — 0.6% |
| Chicago, IL, 7.75%, 1/1/42 | $4050 | &nbsp;&nbsp;$4117837 |
| Detroit, MI, 2.96%, 4/1/27 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 888770 |
| Douglas County School District No. 17, NE, 2.192%, 6/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 557597 |
| Lakeside School District No. 9, AR: |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 4/1/36 | 1115 | &nbsp;&nbsp;&nbsp;&nbsp; 741051 |
| &nbsp;&nbsp;&nbsp;1.90%, 4/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 473273 |
| Larkspur-Corte Madera School District, CA, (Election of 2011 and 2014), 2.302%, 8/1/36 | 1405 | &nbsp;&nbsp;&nbsp;&nbsp; 1014916 |
| Marin Community College District, CA, 2.01%, 8/1/33 | 1140 | &nbsp;&nbsp;&nbsp;&nbsp; 859651 |
| Maryland, 0.41%, 8/1/23 | 5240 | &nbsp;&nbsp;&nbsp;&nbsp; 5117489 |
| Mattawan Consolidated School, MI, 2.096%, 5/1/33 | 1120 | &nbsp;&nbsp;&nbsp;&nbsp; 879312 |
| Puerto Rico, GO Contingent Value Instrument, 0.00%, 11/1/43 | 7122 | &nbsp;&nbsp;&nbsp;&nbsp; 3124728 |
| Tustin Unified School District, CA, 2.254%, 8/1/36 | 1155 | &nbsp;&nbsp;&nbsp;&nbsp; 807033 |
|  |  | &nbsp;&nbsp;**$18581657** |
| Hospital — 1.1% | Hospital — 1.1% | Hospital — 1.1% |
| California Statewide Communities Development Authority, (Loma Linda University Medical Center), 6.00%, 12/1/24 | $34250 | &nbsp;&nbsp;$34900065 |
|  |  | &nbsp;&nbsp;**$34900065** |
| Insured - General Obligations — 0.0%<sup>(7)</sup> | Insured - General Obligations — 0.0%<sup>(7)</sup> | Insured - General Obligations — 0.0%<sup>(7)</sup> |
| Westland Tax Increment Finance Authority, MI: |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), 2.31%, 4/1/33 | $1165 | &nbsp;&nbsp;$914094 |
| &nbsp;&nbsp;&nbsp;(AGM), 2.41%, 4/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 151166 |
|  |  | &nbsp;&nbsp;**$1065260** |
| Insured - Special Tax Revenue — 0.1% | Insured - Special Tax Revenue — 0.1% | Insured - Special Tax Revenue — 0.1% |
| Bexar County, TX, Venue Project Revenue, (AGM), 2.534%, 8/15/34 | $2805 | &nbsp;&nbsp;$2159177 |
| Rio Elementary School District Community Facilities District No. 1, CA, (BAM), 2.557%, 9/1/33 | 1055 | &nbsp;&nbsp;&nbsp;&nbsp; 813816 |
|  |  | &nbsp;&nbsp;**$2972993** |
| Insured - Transportation — 1.4% | Insured - Transportation — 1.4% | Insured - Transportation — 1.4% |
| Alameda Corridor Transportation Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMBAC), 0.00%, 10/1/26 | $22500 | &nbsp;&nbsp;$18435825 |
| &nbsp;&nbsp;&nbsp;(AMBAC), 0.00%, 10/1/27 | 34390 | &nbsp;&nbsp;&nbsp;&nbsp; 26580031 |
|  |  | &nbsp;&nbsp;**$45015856** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lease Revenue/Certificates of Participation — 0.1% | Lease Revenue/Certificates of Participation — 0.1% | Lease Revenue/Certificates of Participation — 0.1% |
| Golden State Tobacco Securitization Corp., CA, 1.60%, 6/1/26 | $4250 | &nbsp;&nbsp;$3784327 |
|  |  | &nbsp;&nbsp;**$3784327** |
| Other Revenue — 0.7% | Other Revenue — 0.7% | Other Revenue — 0.7% |
| Golden State Tobacco Securitization Corp., CA, 3.714%, 6/1/41 | $28000 | &nbsp;&nbsp;$21042000 |
| Santa Cruz County, CA, Pension Obligation Bonds, 2.291%, 6/1/33 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2353860 |
|  |  | &nbsp;&nbsp;**$23395860** |
| Senior Living/Life Care — 0.1% | Senior Living/Life Care — 0.1% | Senior Living/Life Care — 0.1% |
| Montgomery County Industrial Development Authority, PA, (ACTS Retirement-Life Communities, Inc. Obligated Group), 2.45%, 11/15/23 | $1250 | &nbsp;&nbsp;$1213288 |
|  |  | &nbsp;&nbsp;**$1213288** |
| Special Tax Revenue — 0.1% | Special Tax Revenue — 0.1% | Special Tax Revenue — 0.1% |
| Illinois, Sales Tax Revenue, 1.999%, 6/15/28 | $3000 | &nbsp;&nbsp;$2490240 |
|  |  | &nbsp;&nbsp;**$2490240** |
| Transportation — 0.0%<sup>(7)</sup> | Transportation — 0.0%<sup>(7)</sup> | Transportation — 0.0%<sup>(7)</sup> |
| Central Texas Regional Mobility Authority, 2.174%, 1/1/29 | $1260 | &nbsp;&nbsp;$1069513 |
|  |  | &nbsp;&nbsp;**$1069513** |
| Total Taxable Municipal Obligations<br> (identified cost $154,074,640) |  | &nbsp;&nbsp;**$137743136** |
| Total Investments — 101.8%<br> (identified cost $3,249,021,707) |  | &nbsp;&nbsp;**$3250143923** |
| Other Assets, Less Liabilities — (1.8)% |  | &nbsp;&nbsp;**$(56219071)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$3193924852** |

---

---

| | |
|:---|:---|
| 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 represents the municipal bond held by a trust that issues residual interest bonds. |
| <sup>(2)</sup> | Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion. |
| <sup>(3)</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 $54,453,065 or 1.7% of the Fund's net assets. |

---

------

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| <sup>(4)</sup> | When-issued security. |
| <sup>(5)</sup> | Floating rate security. The stated interest rate represents the rate in effect at December 31, 2022. |
| <sup>(6)</sup> | Defaulted security. Issuer has defaulted on the payment of interest and/or principal or has filed for bankruptcy. |
| <sup>(7)</sup> | Amount is less than 0.05%. |
| <sup>(8)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the same or next business day. The stated interest rate, which generally resets daily, is determined by the remarketing agent and represents the rate in effect at December 31, 2022. |
| <sup>(9)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the lesser of 5 business days or 7 calendar days. The stated interest rate, which generally resets weekly, is determined by the remarketing agent and represents the rate in effect at December 31, 2022. |
| At December 31, 2022, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows: | At December 31, 2022, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows: |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California | 16.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York | 14.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas | 10.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others, representing less than 10% individually | 59.2% |

---

The Fund invests primarily in debt securities issued by municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At December 31, 2022, 8.0% 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 0.4% to 4.3% of total investments.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| U.S. Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;(925) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;3/22/23 | &nbsp;&nbsp;&nbsp;&nbsp;$(115942969) | &nbsp;&nbsp;&nbsp;&nbsp;$2136329 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$2136329** |

---

---

| | |
|:---|:---|
| **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. |
| LOC | – Letter of Credit |
| NPFG | – National Public Finance Guarantee Corp. |
| PSF | – Permanent School Fund |
| SIFMA | – Securities Industry and Financial Markets Association Municipal Swap Index |
| SOFR | – Secured Overnight Financing Rate |
| SPA | – Standby Bond Purchase Agreement |

---

At December 31, 2022, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

The Fund is subject to interest rate risk in the normal course of pursuing its investment objective. Because the Fund holds fixed-rate bonds, the value of these bonds may decrease if interest rates rise. The Fund enters into U.S. Treasury futures contracts to hedge against changes in interest rates.

------

Eaton Vance<br>

National Municipal Income Fund

December 31, 2022

Portfolio of Investments (Unaudited) — continued

------

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.

At December 31, 2022, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, 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;$37606954 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$37606954 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;3074793833 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;3074793833 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 137743136 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 137743136 |
| **Total Investments** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$3250143923** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$3250143923** |
| Futures Contracts | &nbsp;&nbsp;$2136329 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$2136329 |
| **Total** | &nbsp;&nbsp;**$2136329** | &nbsp;&nbsp;**$3250143923** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$3252280252** |

---

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 National Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000004846

- **c. LEI of Series:** 549300N2KPNEF2ERMT46

**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:** $3360387547.73

**Total Liabilities:** $167790049.70

**Net Assets:** $3192597498.03

**Delayed Delivery Securities:** $5293900.00

**Cash Not Reported:** $22994137.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -6028.45000000 | **1-Year:** -105813.45000000 | **5-Year:** -480686.49000000 | **10-Year:** -1244136.06000000 | **30-Year:** -443596.84000000

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

- **3-Month:** -753.25000000 | **1-Year:** -15883.80000000 | **5-Year:** -51171.90000000 | **10-Year:** -96159.36000000 | **30-Year:** -66964.51000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013123 | -1.18%               | 5.75%                | -0.57%               |
| Class ID C000013125 | -1.24%               | 5.69%                | -0.64%               |
| Class ID C000013126 | -1.16%               | 5.77%                | -0.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-26825308.95            | $-25569655.87                              |
| Month 2  | $-16498587.38            | $189573274.62                              |
| Month 3  | $-2878357.46             | $-26162791.12                              |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1148305.20   | 0.04%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                        | CUSIP: 79739GMY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8750000 | PA      | $8015175.00   | 0.25%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL REVENUE                                   | CUSIP: 592250FA7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10440000 | PA      | $9321354.00   | 0.29%             | 2042-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                   | N TX TOLLWAY AUTH REVENUE                                               | CUSIP: 66285WEE2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |  37070000 | PA      | $39544422.50  | 1.24%             | 2042-01-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC                  | CUSIP: 259561TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16020000 | PA      | $12011315.40  | 0.38%             | 2052-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                            | MANHATTAN KS HLTH CARE FAC REVENUE                                      | CUSIP: 563017EB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $742040.00    | 0.02%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Decatur Hospital Authority                                                      | DECATUR TX HOSP AUTH                                                    | CUSIP: 243323DE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $748154.55    | 0.02%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                              | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                                | CUSIP: 01728LFE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6546120.00   | 0.21%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                          | UNIV OF TEXAS TX PERMANENT UNIV FND                                     | CUSIP: 9151158U6<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4763486.00   | 0.15%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                   | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2910840.00   | 0.09%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp I                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP I GAS SPLY REVENUE            | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |  11645000 | PA      | $12261253.40  | 0.38%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                         | CUSIP: 544525Q35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16000000 | PA      | $17472320.00  | 0.55%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Virginia                                                          | UNIV OF VIRGINIA VA UNIV REVENUES                                       | CUSIP: 915217WP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19370000 | PA      | $20701300.10  | 0.65%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16260000 | PA      | $16646988.00  | 0.52%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 8R Hermiston                                 | UMATILLA CNTY OR SCH DIST #8 R HERMISTON                                | CUSIP: 904121PK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6475000 | PA      | $2628008.25   | 0.08%             | 2042-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712DL53<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    750000 | PA      | $760155.00    | 0.02%             | 2040-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Norwalk CT                                                              | NORWALK CT                                                              | CUSIP: 668844WT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9946600.00   | 0.31%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                          | HARRIS CNTY-HOUSTON TX SPORTS AUTH                                      | CUSIP: 413893CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  58155000 | PA      | $32818029.60  | 1.03%             | 2034-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990AFF7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   7840000 | PA      | $8405969.60   | 0.26%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospital Facilities Authority of Multnomah County Oregon                        | MULTNOMAH CNTY OR HOSP FACS AUTH REVENUE                                | CUSIP: 62551PCY1<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1185076.80   | 0.04%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    840803 | PA      | $840920.71    | 0.03%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Warren MS                                                             | WARREN CNTY MS GULF OPPORTUNITY ZONE                                    | CUSIP: 935031AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3731520.00   | 0.12%             | 2034-05-01      | Floating      | 1.38%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 8R Hermiston                                 | UMATILLA CNTY OR SCH DIST #8 R HERMISTON                                | CUSIP: 904121PN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4595000 | PA      | $1584631.70   | 0.05%             | 2045-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3716160.00   | 0.12%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakeside School District No 9                                                   | LAKESIDE AR SCH DIST #9                                                 | CUSIP: 512102WL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $473272.50    | 0.01%             | 2039-04-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                              | MARYLAND ST ECON DEV CORP ECON DEV REVENUE                              | CUSIP: 57420NCC3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1095696.00   | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                               | CUSIP: 544445C64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17855000 | PA      | $18416004.10  | 0.58%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5244750.00   | 0.16%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of West Memphis AR Public Utility System Revenue                           | WEST MEMPHIS AR PUBLIC UTILITY SYS REVENUE                              | CUSIP: 954345FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1019662.50   | 0.03%             | 2041-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH                                                | CUSIP: 650009U43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9402700.00   | 0.29%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                          | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE                         | CUSIP: 924157AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $462982.50    | 0.01%             | 2036-04-01      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                 | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GYJ7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5308350.00   | 0.17%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rutgers The State University of New Jersey                                      | RUTGERS NJ ST UNIV                                                      | CUSIP: 783186SA8<br>LEI: 549300BOYDHNW8J60112 | Long             | DBT              | MUN               | US        |  37000000 | PA      | $37387390.00  | 1.17%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah-Clackamas Counties Centennial School District No 28JT/OR              | MULTNOMAH-CLACKAMAS CNTYS OR CENTENNIAL SCH DIST #28JT                  | CUSIP: 625485DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10798100.00  | 0.34%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                    | CUSIP: 13034AY79<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  14550000 | PA      | $15855280.50  | 0.50%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Love Field Airport Modernization Corp                                           | LOVE FIELD TX ARPT MODERNIZATION CORP GEN ARPT REVENUE                  | CUSIP: 54714CCD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3817920.00   | 0.12%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447TXG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5395000 | PA      | $5634268.25   | 0.18%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                              | SEATTLE WA MUNI LIGHT & PWR REVENUE                                     | CUSIP: 812643WK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10520000 | PA      | $10247847.60  | 0.32%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447THF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11185240.00  | 0.35%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah/The                                                          | UNIV OF UTAH UT REVENUES                                                | CUSIP: 915183J73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12240000 | PA      | $13131806.40  | 0.41%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447PJ28<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8095000 | PA      | $8284665.85   | 0.26%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                  | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                 | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  35165000 | PA      | $30568231.20  | 0.96%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                  | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES TAX & MOTOR VE            | CUSIP: 155048EG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11825000 | PA      | $11231385.00  | 0.35%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                           | NORTHWEST TX INDEP SCH DIST                                             | CUSIP: 667826DU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21637400.00  | 0.68%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57584X8V6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8217375.00   | 0.26%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bergen County Improvement Authority/The                                         | BERGEN CNTY NJ IMPT AUTH REVENUE                                        | CUSIP: 083778PH7<br>LEI: 549300GA3U8F8Z1HOS09 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5530900.00   | 0.17%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 64613CCG1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6098277.50   | 0.19%             | 2043-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                     | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                           | CUSIP: 592647GN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10754100.00  | 0.34%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Toll Road Authority/The                                           | HARRIS CNTY TX TOLL ROAD REVENUE                                        | CUSIP: 41423PAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2372100.00   | 0.07%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ellis County Unified School District No 489 Hays                                | ELLIS CNTY KS UNIF SCH DIST #489 HAYS                                   | CUSIP: 288695EW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13600000 | PA      | $14499912.00  | 0.45%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                   | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                            | CUSIP: 6461395A9<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10328700.00  | 0.32%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7447168.00   | 0.23%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                             | CUSIP: 48504NBC2<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6487616.00   | 0.20%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                    | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                 | CUSIP: 592190QY1<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5226450.00   | 0.16%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                  | TEXAS ST                                                                | CUSIP: 882723TC3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10389300.00  | 0.33%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority Built to Learn Revenue                               | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                            | CUSIP: 574294BV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6830000 | PA      | $6145838.90   | 0.19%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District                                              | YSLETA TX INDEP SCH DIST                                                | CUSIP: 98816PFP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5476000.00   | 0.17%             | 2056-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                             | CUSIP: 48504NCE7<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2803980.00   | 0.09%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                        | CUSIP: 13057GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $456229.80    | 0.01%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712D7F7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4594150.00   | 0.14%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westland Tax Increment Finance Authority                                        | WESTLAND MI TAX INCR FIN AUTH                                           | CUSIP: 960528BZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $151165.95    | 0.00%             | 2034-04-01      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                            | CUSIP: 34061UGR3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    230000 | PA      | $192059.20    | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                         | PHILADELPHIA PA ARPT REVENUE                                            | CUSIP: 717817UM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4595000 | PA      | $4541146.60   | 0.14%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                    | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                                 | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $264285.00    | 0.01%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                    | CLARK CNTY NV SCH DIST                                                  | CUSIP: 1810592S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5030250.00   | 0.16%             | 2041-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Rickenbacker Port Authority                                                     | RICKENBACKER PORT AUTH OH CAPITAL FUNDING REVENUE                       | CUSIP: 765639AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10105000 | PA      | $11506563.50  | 0.36%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                              | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                           | CUSIP: 57420VRM7<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1703362.50   | 0.05%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486E21<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |  12350000 | PA      | $11998025.00  | 0.38%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                       | SPRING BRANCH TX INDEP SCH DIST                                         | CUSIP: 849476VT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8750000 | PA      | $8949937.50   | 0.28%             | 2047-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pasadena Independent School District                                            | PASADENA TX INDEP SCH DIST                                              | CUSIP: 702334FS7<br>LEI: 549300QY114RR4MXVU24 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9387000.00   | 0.29%             | 2052-02-15      | 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        |      -925 | NC      | $2136329.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                        | CUSIP: 57582RN85<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $7426900.00   | 0.23%             | 2049-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                         | HAWAII ST ARPTS SYS REVENUE                                             | CUSIP: 419794A44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3988608.00   | 0.12%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 64577B5A8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   8460000 | PA      | $8993656.80   | 0.28%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tustin Unified School District                                                  | TUSTIN CA UNIF SCH DIST SCH FACS IMPT DIST                              | CUSIP: 901072LN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $807033.15    | 0.03%             | 2036-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17865000 | PA      | $17126818.20  | 0.54%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                     | WASHINGTON ST HLTH CARE FACS AUTH                                       | CUSIP: 93978HXM2<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   8340000 | PA      | $8496541.80   | 0.27%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                         | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358W4Q4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2101926.00   | 0.07%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Andover MA                                                              | ANDOVER MA                                                              | CUSIP: 034286HA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9750000 | PA      | $9366922.50   | 0.29%             | 2052-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |         0 | PA      | $0.00         | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                               | CUSIP: 544445Q77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $76141.00     | 0.00%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                              | WISCONSIN ST                                                            | CUSIP: 97705MWQ4<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   7090000 | PA      | $7069864.40   | 0.22%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                          | CUSIP: 91412GUK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7700000 | PA      | $7912135.00   | 0.25%             | 2038-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami University/Oxford OH                                                      | MIAMI UNIV OH                                                           | CUSIP: 593791JV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4030000 | PA      | $3787152.20   | 0.12%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  35541000 | PA      | $32357592.63  | 1.01%             | 2058-07-01      | 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        |    800000 | PA      | $842264.00    | 0.03%             | 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        |  25000000 | PA      | $27959500.00  | 0.88%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8890860 | PA      | $9211286.59   | 0.29%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Jackson County Consolidated School District No 4                                | JACKSON CNTY MO CONSOL SCH DIST #4                                      | CUSIP: 467484RZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3876353.25   | 0.12%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Cruz CA                                                         | SANTA CRUZ CNTY CA PENSN OBLIG                                          | CUSIP: 80182AAM1<br>LEI: 254900WSC0632DCCW263 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2353860.00   | 0.07%             | 2033-06-01      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                    | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                            | CUSIP: 767027EH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $813816.45    | 0.03%             | 2033-09-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                             | CUSIP: 48504NBA6<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |  13500000 | PA      | $13954815.00  | 0.44%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182TN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5835000 | PA      | $5951116.50   | 0.19%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lumberton Municipal Utility District                                            | LUMBERTON TX MUNI UTILITY DIST                                          | CUSIP: 550225GV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5045000 | PA      | $3604904.75   | 0.11%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                           | ILLINOIS ST TOLL HIGHWAY AUTH                                           | CUSIP: 452252JH3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15164850.00  | 0.48%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Transportation Accountability Commission                          | HAMPTON ROADS VA TRANSPRTN ACCOUNTABILITY COMMISSION                    | CUSIP: 409328BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4557250.00   | 0.14%             | 2057-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Waco Independent School District                                                | WACO TX INDEP SCH DIST                                                  | CUSIP: 929845XA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5841660.00   | 0.18%             | 2047-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                            | CHICAGO IL MIDWAY ARPT REVENUE                                          | CUSIP: 167562QW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6071040.00   | 0.19%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                                  | UNIV OF MASSACHUSETTS MA BLDGAUTH PROJ REVENUE                          | CUSIP: 914440UG5<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21213200.00  | 0.66%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST GEN FUND REVENUE                                           | CUSIP: 604146GB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $13178880.00  | 0.41%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528U5G2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2131820.00   | 0.07%             | 2039-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                            | MICHIGAN ST TRUNK LINE                                                  | CUSIP: 5946953A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9411300.00   | 0.29%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                      | BREVARD CNTY FL HLTH FACS AUTH REVENUE                                  | CUSIP: 107416QP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10136500.00  | 0.32%             | 2052-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH SALES TAX REVENUE                                 | CUSIP: 64990ANH4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1875363.60   | 0.06%             | 2028-03-15      | Fixed         | 5.00%                 | 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        |   6660000 | PA      | $6305355.00   | 0.20%             | 2051-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                             | GEISINGER PA AUTH HLTH SYS REVENUE                                      | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7268400.00   | 0.23%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 6461365Q0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  17575000 | PA      | $14804477.00  | 0.46%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Temple Independent School District/TX                                           | TEMPLE TX INDEP SCH DIST                                                | CUSIP: 880081SU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $12928890.00  | 0.40%             | 2047-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District                                              | YSLETA TX INDEP SCH DIST                                                | CUSIP: 98816PFN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $10695520.00  | 0.34%             | 2056-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576KB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15975000 | PA      | $16318782.00  | 0.51%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Water Resource Municipal Property Corp                                  | GILBERT AZ WTR RESOURCE MUNI PROPERTY CORP UTILITY SYS REVEN            | CUSIP: 37530ACH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2902320.00   | 0.09%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                         | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE              | CUSIP: 882667AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4140000 | PA      | $3782221.20   | 0.12%             | 2038-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUESNON ST SUPPORTED DEBT                     | CUSIP: 64990C6Q9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  18310000 | PA      | $19916336.30  | 0.62%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                  | SOUTHCENTRL PA GEN AUTH REVENUE                                         | CUSIP: 84129NMD8<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4628600.00   | 0.14%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                             | PORT OF PORTLAND OR ARPT REVENUE                                        | CUSIP: 735240Q71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8165440.00   | 0.26%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                          | SOUTH DAKOTA ST HLTH & EDUCTNL FACS AUTH                                | CUSIP: 83755VXF6<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9807400.00   | 0.31%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JCM3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    650000 | PA      | $515138.00    | 0.02%             | 2045-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  41585000 | PA      | $40156971.10  | 1.26%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447TUJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  11795000 | PA      | $10473724.10  | 0.33%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971XKK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4885550.00   | 0.15%             | 2038-11-01      | Fixed         | 4.00%                 | 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        |  13880000 | PA      | $14760130.80  | 0.46%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNS HOPKINS UNIVERSITY                                                        | Johns Hopkins University                                                | CUSIP: 478115AH1<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7981336.80   | 0.25%             | 2032-07-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505SL1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9180900.00   | 0.29%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                        | NEW YORK ST PWR AUTH REVENUE                                            | CUSIP: 64989KLE4<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4604300.00   | 0.14%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505TH9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  15110000 | PA      | $14544583.80  | 0.46%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sarasota FL Utility System Revenue                                    | SARASOTA CNTY FL UTILITY SYS REVENUE                                    | CUSIP: 803321RM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16532250.00  | 0.52%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 6461368A2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4085000 | PA      | $3980138.05   | 0.12%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                    | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                 | CUSIP: 592190PG1<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |  20500000 | PA      | $20810985.00  | 0.65%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST SPL OBLG DEDICATED TAX REVENUE                         | CUSIP: 576002BM0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12500400.00  | 0.39%             | 2029-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                             | MASSACHUSETTS ST CLEAN WTR TRUST                                        | CUSIP: 575829JV9<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3332910.00   | 0.10%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637AMM1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5475000 | PA      | $5017290.00   | 0.16%             | 2048-05-15      | Fixed         | 4.00%                 | 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: 54466HKY1<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |  15060000 | PA      | $16582264.80  | 0.52%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No 1                                       | DENVER CITY & CNTY CO SCH DIST #1                                       | CUSIP: 249174YP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $27107750.00  | 0.85%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                             | WASHINGTON ST                                                           | CUSIP: 93974D5J3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5950000 | PA      | $6295635.50   | 0.20%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                    | MET NASHVILLE TN ARPT AUTH SPL FACS REVENUE                             | CUSIP: 592195AX9<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    190000 | PA      | $183232.20    | 0.01%             | 2026-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452153DA4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  11700000 | PA      | $12071592.00  | 0.38%             | 2042-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT             | CUSIP: 38122NA85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3784327.50   | 0.12%             | 2026-06-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                             | WASHINGTON ST                                                           | CUSIP: 93974DDR6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  13140000 | PA      | $13423298.40  | 0.42%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE                 | CUSIP: 87638QPP8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8208640.00   | 0.26%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    890000 | PA      | $924914.70    | 0.03%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                           | CUSIP: 13063DS90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $11825415.00  | 0.37%             | 2047-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE FUTURE TAX               | CUSIP: 64971QV26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.31%             | 2036-11-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                         | HAWAII ST ARPTS SYS REVENUE                                             | CUSIP: 419794H54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12828500.00  | 0.40%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                              | S ESTRN PA TRANSPRTN AUTH                                               | CUSIP: 842039FQ7<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14269450.00  | 0.45%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                           | CUSIP: 13063DS82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14750000 | PA      | $16151102.50  | 0.51%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                               | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $874810.00    | 0.03%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Jackson County Consolidated School District No 4                                | JACKSON CNTY MO CONSOL SCH DIST #4                                      | CUSIP: 467484RY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3779061.00   | 0.12%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593VT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6231300.00   | 0.20%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                        | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH CULTURAL FAC REVENUE               | CUSIP: 18610PAU2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    750000 | PA      | $757162.50    | 0.02%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 6461364X6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10393600.00  | 0.33%             | 2043-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                        | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BMS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $488148.00    | 0.02%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pittsburg Public Financing Authority                                            | PITTSBURG CA PUBLIC FING AUTH WTR REVENUE                               | CUSIP: 72456PBR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10809900.00  | 0.34%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                        | WEST VIRGINIA ST HOSP FIN AUTH                                          | CUSIP: 956622F25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21895000 | PA      | $22098185.60  | 0.69%             | 2038-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FL28<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9725600.00   | 0.30%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                | CUSIP: 544532DK7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $15570245.00  | 0.49%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County Consolidated School District No 4                                | JACKSON CNTY MO CONSOL SCH DIST #4                                      | CUSIP: 467484SA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2106660.00   | 0.07%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                        | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                   | CUSIP: 648466AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $342461.60    | 0.01%             | 2038-05-01      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                     | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                             | CUSIP: 20774YYM3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5295000 | PA      | $5424356.85   | 0.17%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                    | CUSIP: 7092248P7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13000000.00  | 0.41%             | 2039-12-01      | Floating      | 3.66%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                          | CUSIP: 91412HMM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5720000 | PA      | $5886051.60   | 0.18%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712DV78<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4625000 | PA      | $4411602.50   | 0.14%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                          | MINNEAPOLIS MN HLTH CARE SYS REVENUE                                    | CUSIP: 60374VEU3<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   6405000 | PA      | $6149056.20   | 0.19%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No 17/NE                                         | DOUGLAS CNTY NE SCH DIST #17                                            | CUSIP: 259327V92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $557597.00    | 0.02%             | 2035-06-15      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Utah Board of Higher Education                                                  | UTAH ST BRD OF RGTS REVENUE                                             | CUSIP: 91754RW45<br>LEI: 549300SAYC054T80UK17 | Long             | DBT              | MUN               | US        |   7645000 | PA      | $7378648.20   | 0.23%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10583600.00  | 0.33%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                             | ILLINOIS ST SALES TAX REVENUE                                           | CUSIP: 452227SQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2490240.00   | 0.08%             | 2028-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                        | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE              | CUSIP: 646080RK9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2378215.00   | 0.07%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RKH9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    200000 | PA      | $186162.00    | 0.01%             | 2055-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                         | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                         | CUSIP: 235036L65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10395000 | PA      | $10596351.15  | 0.33%             | 2031-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clackamas Community College District                                            | CLACKAMAS OR CMNTY CLG DIST                                             | CUSIP: 179390NM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $814020.80    | 0.03%             | 2038-06-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    503449 | PA      | $466807.98    | 0.01%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                             | PROSPER TX INDEP SCH DIST                                               | CUSIP: 743600Z50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7598080.00   | 0.24%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                   | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                            | CUSIP: 646140ET6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8110160.00   | 0.25%             | 2048-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT             | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28000000 | PA      | $21042000.00  | 0.66%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                         | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE              | CUSIP: 882667AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2990244.80   | 0.09%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REV                                         | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  12700000 | PA      | $13351764.00  | 0.42%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                              | OREGON ST HLTH & SCIENCE UNIV REVENUE                                   | CUSIP: 685869HF9<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   4185000 | PA      | $3970811.70   | 0.12%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                             | NASSAU CNTY NY                                                          | CUSIP: 63165TS71<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |  10335000 | PA      | $10914173.40  | 0.34%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                              | PHILADELPHIA PA WTR & WSTWTR REVENUE                                    | CUSIP: 717893H87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5236150.00   | 0.16%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528UT50<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |  24130000 | PA      | $23763465.30  | 0.74%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   7770000 | PA      | $7457335.20   | 0.23%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YMCA OF GREATER NY                                                              | YMCA of Greater New York                                                | CUSIP: 98425BAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2310270.21   | 0.07%             | 2026-08-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                              | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                                | CUSIP: 01728LFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12775000 | PA      | $12911181.50  | 0.40%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                             | AUSTIN TX WTR & WSTWTR SYS REVENUE                                      | CUSIP: 052477QA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4376360.00   | 0.14%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                          | CUSIP: 91412HMG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1406389.60   | 0.04%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                             | CUSIP: 48504NBF5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   7785000 | PA      | $7864874.10   | 0.25%             | 2055-03-01      | Fixed         | 5.00%                 | 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        |  34250000 | PA      | $34900065.00  | 1.09%             | 2024-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                              | PORT OF SEATTLE WA REVENUE                                              | CUSIP: 735389J33<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   9870000 | PA      | $10120500.60  | 0.32%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                               | CUSIP: 544445S67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19935000 | PA      | $20450718.45  | 0.64%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                     | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE                         | CUSIP: 20775DCT7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2563178.25   | 0.08%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                     | WASHINGTON ST HLTH CARE FACS AUTH                                       | CUSIP: 93978HLL7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4610250.00   | 0.14%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                   | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                               | CUSIP: 696507VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4440000 | PA      | $3249369.60   | 0.10%             | 2056-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Southern Hills Plantation I Community Development District                      | STHRN HILLS PLANTATION FL I CDD CAPITAL IMPT                            | CUSIP: 843054AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $208611.40    | 0.01%             | 2035-05-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                        | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                   | CUSIP: 648466AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $0.80         | 0.00%             | 2038-05-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Escambia County Health Facilities Authority                                     | ESCAMBIA CNTY FL HLTH FACS AUTH                                         | CUSIP: 296110GD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $3750860.40   | 0.12%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   7525000 | PA      | $7020900.25   | 0.22%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152L74<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  11295000 | PA      | $11511186.30  | 0.36%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593F72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6450000 | PA      | $6469801.50   | 0.20%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                         | GEORGIA ST PORTS AUTH                                                   | CUSIP: 373586HP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6595627.50   | 0.21%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                        | HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE                            | CUSIP: 44237NLR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $130718.00    | 0.00%             | 2033-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152G54<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  10705000 | PA      | $10845449.60  | 0.34%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12739125.00  | 0.40%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Troy Capital Resource Corp                                                      | TROY NY CAPITAL RESOURCE CORP REVENUE                                   | CUSIP: 897579BW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5259650.00   | 0.16%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FPV0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  15220000 | PA      | $14246681.00  | 0.45%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FL85<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4690150.00   | 0.15%             | 2046-03-15      | Fixed         | 4.00%                 | 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        |  25315000 | PA      | $24171015.15  | 0.76%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712DQR0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4876200.00   | 0.15%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 64990GF31<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  13750000 | PA      | $14573762.50  | 0.46%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                          | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                 | CUSIP: 71883MLE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6375562.50   | 0.20%             | 2042-07-01      | Fixed         | 5.00%                 | 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        |   1155000 | PA      | $1070765.85   | 0.03%             | 2027-11-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                         | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE                        | CUSIP: 924166LF6<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4558150.00   | 0.14%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHAPMAN UNIVERSITY                                                              | Chapman University                                                      | CUSIP: 15953PAD1<br>LEI: 549300TAU69ZJZ8QBL34 | Long             | DBT              | CORP              | US        |   5160000 | PA      | $4239725.20   | 0.13%             | 2029-04-01      | Fixed         | 1.87%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                             | CUSIP: 64966QG61<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1846052.10   | 0.06%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                           | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10622900.00  | 0.33%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Illinois Development Authority                                     | S WSTRN IL DEV AUTH HLTH FAC REVENUE                                    | CUSIP: 84553AAC6<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |   9170000 | PA      | $9465732.50   | 0.30%             | 2033-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Town of Westwood MA                                                             | WESTWOOD MA                                                             | CUSIP: 961777M22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9606300.00   | 0.30%             | 2052-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                       | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE                      | CUSIP: 34073TKW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2245000 | PA      | $1954833.75   | 0.06%             | 2038-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District/TX                                      | SAN ANTONIO TX INDEP SCH DIST                                           | CUSIP: 796269M70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16240000 | PA      | $17749832.80  | 0.56%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                    | New York State Environmental Facilities Corp                            | CUSIP: 64985HR58<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10990200.00  | 0.34%             | 2047-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                               | PHILADELPHIA PA AUTH FOR INDL DEV TEMPLE UNIV REVENUE                   | CUSIP: 717794AM3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5092450.00   | 0.16%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                               | MARYLAND ST                                                             | CUSIP: 574193TP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5240000 | PA      | $5117488.80   | 0.16%             | 2023-08-01      | Fixed         | 0.41%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                          | CUSIP: 91412GUJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13366860.00  | 0.42%             | 2037-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                          | CUSIP: 13013FBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $1554689.70   | 0.05%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                               | OREGON ST FACS AUTH REVENUE                                             | CUSIP: 68608JWF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2323370.40   | 0.07%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                           | SAN ANTONIO TX EDU FACS CORP REVENUE                                    | CUSIP: 796247DU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1295997.50   | 0.04%             | 2037-04-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486D22<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4117837.50   | 0.13%             | 2042-01-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Northampton County Industrial Development Authority                             | NORTHAMPTON CNTY PA INDL DEV AUTH RESOURCE RECOVERY REVENUE             | CUSIP: 663547AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14652315 | PA      | $2637416.70   | 0.08%             | 2023-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                           | MONTGOMERY CNTY PA INDL DEV AUTH                                        | CUSIP: 61360PCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1213287.50   | 0.04%             | 2023-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                       | CENTRL TX REGL MOBILITY AUTH REVENUE                                    | CUSIP: 155498MG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1069513.20   | 0.03%             | 2029-01-01      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AZY6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   8900000 | PA      | $8028868.00   | 0.25%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                               | COLORADO ST COPS                                                        | CUSIP: 196711UY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5045000 | PA      | $5954512.60   | 0.19%             | 2040-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                                        | ROCKDALE CNTY GA DEV AUTH                                               | CUSIP: 773008AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3039086.50   | 0.10%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL REVENUE                                   | CUSIP: 592250DN1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10250000 | PA      | $8424885.00   | 0.26%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                             | PORT OF PORTLAND OR ARPT REVENUE                                        | CUSIP: 735240Y23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4330450.00   | 0.14%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charleston County Airport District                                              | CHARLESTON CNTY SC ARPT DIST ARPT SYS REVENUE                           | CUSIP: 160070DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10116400.00  | 0.32%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 64577B5B6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  13300000 | PA      | $14034559.00  | 0.44%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                             | CUSIP: 64966QG79<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9381000.00   | 0.29%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                             | WASHINGTON ST                                                           | CUSIP: 93974D5H7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5465000 | PA      | $5817929.70   | 0.18%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204EES3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7983675.00   | 0.25%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Rice MN                                                               | RICE CNTY MN                                                            | CUSIP: 762698LE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7170000 | PA      | $7031619.00   | 0.22%             | 2052-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                             | HOUSTON TX INDEP SCH DIST                                               | CUSIP: 442403PS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14300000 | PA      | $14145846.00  | 0.44%             | 2039-06-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593L67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14370000 | PA      | $14485103.70  | 0.45%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PTS4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  17410000 | PA      | $15336991.30  | 0.48%             | 2028-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington & Multnomah Counties School District No 48J Beaverton                | Washington & Multnomah Counties School District No 48J Beaverton        | CUSIP: 9384292B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16471800.00  | 0.52%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14046110.00  | 0.44%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  10761754 | PA      | $11029398.82  | 0.35%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                  | E-470 CO PUBLIC HIGHWAY AUTH                                            | CUSIP: 26822LGT5<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |  13335000 | PA      | $6592957.35   | 0.21%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                             | CUSIP: 64966QXW5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  22350000 | PA      | $23668203.00  | 0.74%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                   | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                               | CUSIP: 696507VM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5550000 | PA      | $5382945.00   | 0.17%             | 2027-07-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                          | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7395000 | PA      | $4901775.75   | 0.15%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                             | WASHINGTON ST                                                           | CUSIP: 93974D5G9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5713372.00   | 0.18%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7121886 | PA      | $3124727.63   | 0.10%             | 2043-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57584XYC9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7143570.00   | 0.22%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                              | CUSIP: 575896RS6<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6435800.00   | 0.20%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Norwood MA                                                              | NORWOOD MA                                                              | CUSIP: 669555H56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11065000 | PA      | $10458969.95  | 0.33%             | 2047-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                               | CUSIP: 544445RG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8969200.00   | 0.28%             | 2050-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000BNH7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  11795000 | PA      | $12037151.35  | 0.38%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Falls Detention Facility Corp                                           | CENTRL FALLS RI DETENTION FAC CORP DETENTION FAC REVENUE                | CUSIP: 153457AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $45000.00     | 0.00%             | 2035-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                          | CUSIP: 126292BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15730000 | PA      | $10468315.00  | 0.33%             | 2057-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528U5J6<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3255000 | PA      | $3435912.90   | 0.11%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA                                                        | CUSIP: 25476FYT9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  13250000 | PA      | $12747030.00  | 0.40%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 64577B7P3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2246425.65   | 0.07%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                    | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                                 | CUSIP: 179027YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $219257.50    | 0.01%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                           | NEW YORK ST URBAN DEV CORP REVENUE                                      | CUSIP: 650036GB6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26543750.00  | 0.83%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RKG1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2999165.00   | 0.09%             | 2051-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                               | CUSIP: 13033LY35<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  25465000 | PA      | $25722196.50  | 0.81%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                          | LANCASTER CNTY PA HOSP AUTH                                             | CUSIP: 514045W58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10656975.00  | 0.33%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oregon                                                            | UNIV OF OREGON OR GEN REVENUE                                           | CUSIP: 914767AD0<br>LEI: 549300FHOP2K4GYRPY40 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13301875.00  | 0.42%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576FX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17330000 | PA      | $17642806.50  | 0.55%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem Hospital Facility Authority                                               | SALEM OR HOSP FAC AUTH REVENUE                                          | CUSIP: 794458FV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11620000 | PA      | $11907130.20  | 0.37%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                       | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE                      | CUSIP: 48340PAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045350.00   | 0.03%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                           | SAN ANTONIO TX EDU FACS CORP REVENUE                                    | CUSIP: 796247DL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2692935.00   | 0.08%             | 2054-04-01      | Fixed         | 4.00%                 | 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        |  23445000 | PA      | $25255891.80  | 0.79%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                             | CUSIP: 64966QXR6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  11520000 | PA      | $11375424.00  | 0.36%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JCL5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    765000 | PA      | $635103.00    | 0.02%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No 203 Piper                           | WYANDOTTE CNTY KS SCH DIST #203                                         | CUSIP: 982685JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13165000 | PA      | $14522706.45  | 0.45%             | 2052-09-01      | 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        |  34390000 | PA      | $26580031.00  | 0.83%             | 2027-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Lehigh PA                                                             | LEHIGH CNTY PA GEN PURPOSE HOSP REVENUE                                 | CUSIP: 52480GDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4362550.00   | 0.14%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 64577BKG8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4810000 | PA      | $4844535.80   | 0.15%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galveston Independent School District                                           | GALVESTON TX INDEP SCH DIST                                             | CUSIP: 364496QQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9572200.00   | 0.30%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mattawan Consolidated School District/MI                                        | MATTAWAN MI CONSOL SCH DIST                                             | CUSIP: 577056LM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $879312.00    | 0.03%             | 2033-05-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                               | MISSISSIPPI ST BUSINESS FIN CORP                                        | CUSIP: 605274AA7<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3209076.20   | 0.10%             | 2025-07-01      | Fixed         | 7.99%                 | 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        |  28170000 | PA      | $30386979.00  | 0.95%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3227635.35   | 0.10%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                            | HARRIS CNTY TX FLOOD CONTROL DIST                                       | CUSIP: 414019BT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10940000 | PA      | $10961770.60  | 0.34%             | 2047-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                        | AUSTIN TX ARPT SYS REVENUE                                              | CUSIP: 052398GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6175000 | PA      | $6444477.00   | 0.20%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                               | PENNSYLVANIA ST UNIV                                                    | CUSIP: 709235M93<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   5920000 | PA      | $5642352.00   | 0.18%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                 | SOUTH BROWARD FL HOSP DIST                                              | CUSIP: 836753NM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $304525.20    | 0.01%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                              | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                           | CUSIP: 57420VSN4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2117360.00   | 0.07%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486P52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5257550.00   | 0.16%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                            | MASSACHUSETTS ST HSG FIN AGY                                            | CUSIP: 57586NZ95<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   3890000 | PA      | $3890000.00   | 0.12%             | 2048-11-01      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                             | PORT OF PORTLAND OR ARPT REVENUE                                        | CUSIP: 735240X81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12260000 | PA      | $12521505.80  | 0.39%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RKF3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    730000 | PA      | $694901.60    | 0.02%             | 2041-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                         | Grand Canyon University                                                 | CUSIP: 38528UAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20000000 | PA      | $18809550.00  | 0.59%             | 2024-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                          | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                            | CUSIP: 64972EJ91<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2016750.00   | 0.06%             | 2046-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                      | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU            | CUSIP: 709221WV3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  16645000 | PA      | $15620999.60  | 0.49%             | 2053-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Worth Independent School District                                          | FORT WORTH TX INDEP SCH DIST                                            | CUSIP: 349461DG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7418740.00   | 0.23%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                        | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                   | CUSIP: 648466AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $2.30         | 0.00%             | 2013-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    870000 | PA      | $898449.00    | 0.03%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                            | CHICAGO IL MIDWAY ARPT REVENUE                                          | CUSIP: 167562NX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5270527.50   | 0.17%             | 2034-01-01      | Fixed         | 5.00%                 | 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        |  17530000 | PA      | $17707053.00  | 0.55%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                    | CUSIP: 64990FW83<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9759200.00   | 0.31%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                     | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                               | CUSIP: 12574WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5525000 | PA      | $4575860.25   | 0.14%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486D97<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1490700.00   | 0.05%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE            | CUSIP: 64542UDX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7205040.00   | 0.23%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                         | HAWAII ST ARPTS SYS REVENUE                                             | CUSIP: 419794ZL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11205000 | PA      | $11309430.60  | 0.35%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 6461367L9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8423600.00   | 0.26%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152H20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15354300.00  | 0.48%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971WNC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4585000 | PA      | $4687795.70   | 0.15%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westland Tax Increment Finance Authority                                        | WESTLAND MI TAX INCR FIN AUTH                                           | CUSIP: 960528BY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $914093.95    | 0.03%             | 2033-04-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                   | N TX TOLLWAY AUTH REVENUE                                               | CUSIP: 66285WJ64<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |  10215000 | PA      | $10142677.80  | 0.32%             | 2039-01-01      | Fixed         | 4.12%                 | 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   | 0.16%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971X4E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1181351.70   | 0.04%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Du Page IL                                                            | DU PAGE CNTY IL REVENUE                                                 | CUSIP: 262668AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5085000 | PA      | $3686777.55   | 0.12%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                           | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27500000 | PA      | $28158900.00  | 0.88%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                         | PORT AUTH OF NEW YORK & NEW JERSEY NY                                   | CUSIP: 73358W2W3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6525900.00   | 0.20%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rockville MD                                                            | ROCKVILLE MD MAYOR & COUNCIL ECON DEV REVENUE                           | CUSIP: 774223BA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $358961.25    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                            | MICHIGAN ST TRUNK LINE                                                  | CUSIP: 5946952G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9925000 | PA      | $9396791.50   | 0.29%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marin Community College District                                                | MARIN CA CMNTY CLG DIST                                                 | CUSIP: 56781RLB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $859651.20    | 0.03%             | 2033-08-01      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                           | LARKSPUR-CORTE MADERA CA SCH DIST                                       | CUSIP: 51724TDE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1014915.80   | 0.03%             | 2036-08-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Lakeside School District No 9                                                   | LAKESIDE AR SCH DIST #9                                                 | CUSIP: 512102WH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $741051.30    | 0.02%             | 2036-04-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                              | BEXAR CNTY TX REVENUE                                                   | CUSIP: 088518PD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2805000 | PA      | $2159176.80   | 0.07%             | 2034-08-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| City of Rockville MD                                                            | ROCKVILLE MD MAYOR & COUNCIL ECON DEV REVENUE                           | CUSIP: 774223AZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $973609.70    | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                              | CLARK CNTY NV                                                           | CUSIP: 180848XJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19650000 | PA      | $20662368.00  | 0.65%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152SY8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6150000 | PA      | $6174846.00   | 0.19%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                | ALAMO TX CMNTY CLG DIST                                                 | CUSIP: 011415UJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4055720.00   | 0.13%             | 2047-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152VD0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  18500000 | PA      | $18666870.00  | 0.58%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                           | UTILITY DEBT SECURITIZATION AUTH NY                                     | CUSIP: 91802RAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22500000 | PA      | $23039100.00  | 0.72%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182LU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10367200.00  | 0.32%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                      | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU            | CUSIP: 709221VZ5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4715450.00   | 0.15%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                     | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                                   | CUSIP: 682001HP0<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $22056000.00  | 0.69%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028ZA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3810000 | PA      | $4062298.20   | 0.13%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                              | MINNESOTA ST GEN FUND REVENUE                                           | CUSIP: 604146CS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2510475.00   | 0.08%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                              | CUSIP: 010869ED3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22500000 | PA      | $18435825.00  | 0.58%             | 2026-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                       | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE                      | CUSIP: 48340PAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1949577.75   | 0.06%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northampton County Industrial Development Authority                             | NORTHAMPTON CNTY PA INDL DEV AUTH RESOURCE RECOVERY REVENUE             | CUSIP: 663547AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5933960 | PA      | $1068112.80   | 0.03%             | 2023-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Student Housing Corp                                                | TEXAS ST STUDENT HSG CORP STUDENT HSG REVENUE                           | CUSIP: 88275YAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10640000 | PA      | $10427200.00  | 0.33%             | 2031-07-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 1675933H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $8923825.00   | 0.28%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152YL9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9933100.00   | 0.31%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                 | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                | CUSIP: 64972GVM3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9294400.00   | 0.29%             | 2049-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                           | SAN ANTONIO TX EDU FACS CORP REVENUE                                    | CUSIP: 796247DS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $889966.00    | 0.03%             | 2030-04-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| City of Brownsville TX Utilities System Revenue                                 | BROWNSVILLE TX UTILITY SYS REVENUE                                      | CUSIP: 1164753M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1282244.40   | 0.04%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                             | CUSIP: 64966QG53<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5563800.00   | 0.17%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5645000 | PA      | $5095402.80   | 0.16%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Virginia                                                          | UNIV OF VIRGINIA VA UNIV REVENUES                                       | CUSIP: 915217WN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21600000 | PA      | $23230800.00  | 0.73%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 6461365R8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  20500000 | PA      | $20697825.00  | 0.65%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                        | CUSIP: 57582RMH6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   7850000 | PA      | $7563710.50   | 0.24%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                 | New York City Municipal Water Finance Authority                         | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8670800.00   | 0.27%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                  | MINNESOTA MUNI GAS AGY COMMODITY SPLY REVENUE                           | CUSIP: 60406UAN7<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12062000.00  | 0.38%             | 2052-12-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510935M8<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888770.00    | 0.03%             | 2027-04-01      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                    | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                             | CUSIP: 48504NBE8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   4835000 | PA      | $4838674.60   | 0.15%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp                                                | HUDSON YARDS INFRASTRUCTURE CORP NY 2ND INDENTURE REVENUE               | CUSIP: 44420RBH2<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1401862.50   | 0.04%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637AFE7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6032340.00   | 0.19%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                            | CUSIP: 928104PQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6367970.00   | 0.20%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204EA32<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6879375.00   | 0.22%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                      | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU            | CUSIP: 709221WU5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8473680.00   | 0.27%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                           | ILLINOIS ST TOLL HIGHWAY AUTH                                           | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  10185000 | PA      | $9537641.40   | 0.30%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sterling Hill Community Development District                                    | STERLING HILL FL CDD CAPITAL IMPT REVENUE                               | CUSIP: 85933TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1531647 | PA      | $827089.20    | 0.03%             | 2035-05-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528U5F4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1338825.00   | 0.04%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                             | CUSIP: 25477GUV5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11400300.00  | 0.36%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                            | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                           | CUSIP: 70917S3Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4926400.00   | 0.15%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                         | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                         | CUSIP: 235036W22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11015000 | PA      | $11145637.90  | 0.35%             | 2030-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHAPMAN UNIVERSITY                                                              | Chapman University                                                      | CUSIP: 15953PAB5<br>LEI: 549300TAU69ZJZ8QBL34 | Long             | DBT              | CORP              | US        |   4995000 | PA      | $4266071.36   | 0.13%             | 2027-04-01      | Fixed         | 1.56%                 | No            |                  2 | On Loan: No      |
| San Jose Financing Authority                                                    | SAN JOSE CA FING AUTH WSTWTR REVENUE                                    | CUSIP: 79816NBA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14376050.00  | 0.45%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1937705 | PA      | $1050643.03   | 0.03%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593Y22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10779405.00  | 0.34%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Kissimmee FL                                                            | KISSIMMEE FL CAPITAL IMPT REVENUE                                       | CUSIP: 497813BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11930000 | PA      | $10958420.80  | 0.34%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                     | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                                   | CUSIP: 682001HQ8<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |  22500000 | PA      | $24866775.00  | 0.78%             | 2052-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                          | CUSIP: 64971WS43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10546600.00  | 0.33%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                        | CUSIP: 13057GAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $890702.50    | 0.03%             | 2028-11-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637ALD2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3731080.00   | 0.12%             | 2050-01-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528U5H0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5303000.00   | 0.17%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST SPL OBLG DEDICATED TAX REVENUE                         | CUSIP: 576002BN8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3548991.60   | 0.11%             | 2030-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                              | CONROE TX INDEP SCH DIST                                                | CUSIP: 2084182J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5265000 | PA      | $5095098.45   | 0.16%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                          | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                 | CUSIP: 71883MQA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10134400.00  | 0.32%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6535165.00   | 0.20%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Water System Revenue                                         | SEATTLE WA WTR SYS REVENUE                                              | CUSIP: 812728YB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8610000 | PA      | $9406080.60   | 0.29%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clarita Community College District                                        | SANTA CLARITA CA CMNTY CLG DIST                                         | CUSIP: 801686UM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11161000.00  | 0.35%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                     | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                                   | CUSIP: 682001EQ1<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |  10805000 | PA      | $11140171.10  | 0.35%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1353434 | PA      | $1142244.16   | 0.04%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                             | NEW YORK NY                                                             | CUSIP: 64966QC24<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3700215.85   | 0.12%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                      | BREVARD CNTY FL HLTH FACS AUTH REVENUE                                  | CUSIP: 107416QM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10309700.00  | 0.32%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                    | OREGON ST DEPT OF TRANSPRTN HIGHWAY USER TAX REVENUE                    | CUSIP: 68607DUP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11730000 | PA      | $11573052.60  | 0.36%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                    | CUSIP: 650028XE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4734200.00   | 0.15%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447THB2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9223000.00   | 0.29%             | 2045-12-01      | Fixed         | 4.00%                 | 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        |   4900000 | PA      | $5034505.00   | 0.16%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                | LEE CNTY FL ARPT REVENUE                                                | CUSIP: 523470HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6775000 | PA      | $6894578.75   | 0.22%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Hills Plantation I Community Development District                      | STHRN HILLS PLANTATION FL I CDD CAPITAL IMPT                            | CUSIP: 843054AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $360124.00    | 0.01%             | 2035-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182TL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9575000 | PA      | $9951776.25   | 0.31%             | 2042-11-15      | Fixed         | 5.00%                 | 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