# EDGAR Filing Document

**Accession Number:** 0001112996
**File Stem:** 0001752724-23-017902
**Filing Date:** 2023-1
**Character Count:** 490258
**Document Hash:** a3f420d250077c8bee2db7d5b9a3e3a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017902.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017902

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
- **CENTRAL INDEX KEY:** 0001112996
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09913
- **FILM NUMBER:** 23566865

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 713-626-1919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES TRUST
- **DATE OF NAME CHANGE:** 20040322

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS
- **DATE OF NAME CHANGE:** 20031126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 20031001

## Series and Classes Contracts Data

### Invesco Short Term Municipal Fund (Series ID: S000064614)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000209153 | Class C      |  |
| C000209154 | Class Y      |  |
| C000209155 | Class R6     |  |
| C000209156 | Class A      |  |

## Nport-Ex

**Schedule of Investments** 

*November 30, 2022* 

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Municipal Obligations–96.81%** |  |  |  |  |
|  **Alabama–1.55%** |  |  |  |  |
|  Alabama (City of), AL Industrial Development Board; Series 2009, VRD RB<sup>(a)</sup>  | 1.55% | 06/01/2034 | $8600 | $8600000 |
|  Baldwin (County of), AL Public Building Authority (DHR); Series 2007 A, Revenue Wts. (INS - SGI)<sup>(b)</sup>  | 4.38% | 06/01/2028 | 10 | 10010 |
|  Black Belt Energy Gas District (The) (No. 4); Series 2019 A-1, RB<sup>(c)</sup>  | 4.00% | 12/01/2025 | 7000 | 6974509 |
|  Black Belt Energy Gas District (The) (No. 5); Series 2020 A-1, RB<sup>(c)</sup>  | 4.00% | 10/01/2026 | 5000 | 4952456 |
|  Mobile (City of), AL Downtown Redevelopment Authority (Austal USA, LLC); Series 2011 A, VRD RB (LOC - Bank Of America N.A.)<sup>(a)(d)(e)</sup>  | 1.85% | 05/01/2041 | 15940 | 15940000 |
|  |  |  |  | 36476975 |
|  **Arizona–0.48%** |  |  |  |  |
|  Arizona (State of) Game & Fish Department & Commission; Series 2006, RB | 5.00% | 07/01/2032 | 105 | 105202 |
|  Glendale Municipal Property Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 07/01/2025 | 1000 | 1001900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 07/01/2029 | 3550 | 3556103 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 07/01/2033 | 570 | 570905 |
|  Maricopa County School District No. 7; Series 2009 B, GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.50% | 07/01/2024 | 15 | 15030 |
|  Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)); Series 2016, Ref. RB<sup>(d)</sup>  | 5.00% | 09/01/2026 | 105 | 104602 |
|  Pima (County of), AZ Industrial Development Authority (Paideia Academies (The)); Series 2019, RB | 4.13% | 07/01/2029 | 210 | 196989 |
|  Salt Verde Financial Corp.; Series 2007, RB | 5.25% | 12/01/2025 | 4000 | 4140662 |
|  Sun Devil Energy Center LLC; Series 2008, Ref. RB | 5.00% | 07/01/2027 | 100 | 101411 |
|  Sun Devil Energy Center LLC (Arizona State University); Series 2008, Ref. RB | 5.00% | 07/01/2030 | 155 | 157043 |
|  University of Arizona Board of Regents (Arizona Biomedical Research Collaborative Building); Series 2006, COP (INS - AMBAC)<sup>(b)</sup>  | 4.38% | 06/01/2024 | 10 | 10014 |
|  Westpark Community Facility District; Series 2016, Ref. GO Bonds | 4.00% | 07/15/2025 | 990 | 989623 |
|  Yavapai (County of), AZ Industrial Development Authority; Series 2015 A, Ref. RB<sup>(d)</sup>  | 3.90% | 09/01/2024 | 365 | 359117 |
|  |  |  |  | 11308601 |
|  **California–3.67%** |  |  |  |  |
|  Alhambra (City of), CA (Police Facilities Assessment District No. 91-1); Series 1992, COP (INS - AMBAC)<sup>(b)</sup>  | 6.75% | 09/01/2023 | 2000 | 2045843 |
|  Anaheim (City of), CA Public Financing Authority; Series 1997 A, RB (INS - AGM)<sup>(b)</sup>  | 6.00% | 09/01/2024 | 2430 | 2524804 |
|  Beaumont (City of), CA Financing Authority (Improvement Area No. 17A);<br>Series 2013 B, RB<sup>(f)</sup>  | 5.00% | 09/01/2023 | 475 | 483636 |
|  California (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.00% | 09/01/2037 | 1000 | 1000406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds | 5.00% | 09/01/2025 | 10 | 10022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. GO Bonds | 5.00% | 10/01/2026 | 480 | 484059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. GO Bonds | 5.00% | 10/01/2029 | 400 | 403343 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.00% | 11/01/2029 | 65 | 74766 |
|  California (State of) Health Facilities Financing Authority (City of Hope); Series 2012 A, RB | 5.00% | 11/15/2024 | 100 | 100182 |
|  California (State of) Health Facilities Financing Authority (St. Joseph Health System); Series 2013 A, RB | 5.00% | 07/01/2024 | 405 | 410365 |
|  California (State of) Health Facilities Financing Authority (Sutter Health); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 11/15/2032 | 1285 | 1393011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.00% | 11/15/2032 | 1230 | 1333975 |
|  California (State of) Municipal Finance Authority (Waste Management, Inc.);<br>Series 2022 A, RB<sup>(c)(g)</sup>  | 4.13% | 10/01/2025 | 5000 | 4981940 |
|  California (State of) Public Finance Authority (Enso Village) (Green Bonds);<br>Series 2021 B-3, RB<sup>(d)</sup>  | 2.13% | 11/15/2027 | 6000 | 5578440 |
|  California (State of) Public Works Board (California Community Colleges);<br>Series 2005 E, RB (INS - NATL)<sup>(b)</sup>  | 4.50% | 10/01/2026 | 170 | 170244 |
|  California (State of) Public Works Board (Judicial Council of California); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 03/01/2025 | 1525 | 1534337 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 03/01/2026 | 1600 | 1609716 |
|  Glendale (City of), CA; Series 2013, RB | 5.00% | 02/01/2027 | 125 | 126813 |
|  Howell Mountain Elementary School District (Election of 2005); Series 2007, GO Bonds (INS - AGM)<sup>(b)(h)</sup>  | 0.00% | 08/01/2027 | 870 | 727754 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  Imperial Irrigation District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB | 5.00% | 11/01/2024 | $325 | $325643 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB | 5.00% | 11/01/2027 | 225 | 225450 |
|  Irvine Ranch Water District; Series 2009 B, VRD RB (LOC - Bank Of America N.A.)<sup>(a)(e)</sup>  | 0.85% | 10/01/2041 | 6260 | 6260000 |
|  Lodi (City of), CA; Series 2004 A, COP (INS - NATL)<sup>(b)</sup>  | 4.75% | 10/01/2024 | 10 | 10017 |
|  Long Beach Unified School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds | 5.00% | 08/01/2025 | 675 | 676366 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds | 5.00% | 08/01/2028 | 775 | 776543 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. GO Bonds | 5.00% | 08/01/2029 | 100 | 100198 |
|  Los Angeles (City of), CA Department of Airports; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 05/15/2029 | 1115 | 1126518 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 05/15/2030 | 1200 | 1212333 |
|  Los Angeles (City of), CA Department of Water & Power; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 100 | 100205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 07/01/2030 | 400 | 400793 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB | 5.00% | 07/01/2028 | 8890 | 9017479 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB | 5.00% | 07/01/2029 | 820 | 831901 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB | 5.00% | 07/01/2031 | 110 | 111539 |
|  Los Angeles (County of), CA Metropolitan Transportation Authority; Series 2013 B, RB | 5.00% | 07/01/2031 | 900 | 913063 |
|  Los Angeles (County of), CA Metropolitan Transportation Authority (Prop C); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB | 5.00% | 07/01/2025 | 140 | 142187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB | 5.00% | 07/01/2030 | 725 | 735776 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 07/01/2029 | 500 | 507548 |
|  Los Angeles Department of Water & Power Water System Revenue; Series 2013 B, RB | 5.00% | 07/01/2031 | 10000 | 10142233 |
|  Mizuho Floater/Residual Trust; Series 2020, VRD RB (LOC - Mizuho Capital Markets LLC)<sup>(a)(d)(e)</sup>  | 2.10% | 12/01/2036 | 20897 | 20897000 |
|  Modesto (City of), CA (Golf Course); Series 1993 B, COP (INS - NATL)<sup>(b)</sup>  | 5.00% | 11/01/2023 | 5 | 4986 |
|  Modesto (City of), CA Irrigation District; Series 2012 A, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 07/01/2026 | 100 | 101382 |
|  Pasadena (City of), CA; Series 2013 A, Ref. RB | 5.00% | 06/01/2030 | 320 | 323763 |
|  Rowland Unified School District; Series 2013, Ref. GO Bonds | 5.00% | 08/01/2026 | 220 | 223511 |
|  Sacramento (County of), CA; Series 2003 B, RB (INS - NATL)<sup>(b)</sup>  | 5.73% | 08/15/2023 | 337 | 338055 |
|  San Francisco (City & County of), CA; Series 2015 R-1, Ref. GO Bonds | 5.00% | 06/15/2025 | 370 | 375044 |
|  San Francisco (City & County of), CA (Multiple Capital Imporovement); Series 2012 A, COP | 5.00% | 04/01/2031 | 250 | 250432 |
|  San Mateo (County of), CA Joint Powers Financing Authority (Capital); Series 2013 A, Ref. RB | 5.25% | 07/15/2027 | 100 | 101588 |
|  University of California; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 AF, RB<sup>(f)</sup>  | 5.00% | 05/15/2024 | 135 | 136598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 AI, RB | 5.00% | 05/15/2032 | 1240 | 1253464 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 AL-1, VRD RB<sup>(a)</sup>  | 0.85% | 05/15/2048 | 3550 | 3550000 |
|  |  |  |  | 86165271 |
|  **Colorado–1.43%** |  |  |  |  |
|  Colorado (State of) Health Facilities Authority (Aberdeen Ridge); Series 2021 B, RB | 2.13% | 05/15/2028 | 1000 | 914946 |
|  Colorado (State of) Health Facilities Authority (National Jewish Health);<br>Series 2005, VRD RB (LOC - UMB Bank, N.A.)<sup>(a)(e)</sup>  | 1.85% | 01/01/2035 | 7900 | 7900000 |
|  Denver (City & County of), CO; Series 2012 B, RB<sup>(c)(f)</sup>  | 5.00% | 12/08/2022 | 6650 | 6652791 |
|  Public Authority for Colorado Energy; Series 2008, RB | 6.13% | 11/15/2023 | 440 | 450122 |
|  Rib Floater Trust Various States; Series 2022-004, VRD RB (LOC - Barclays<br>Bank PLC)<sup>(a)(d)(e)</sup>  | 2.00% | 02/01/2046 | 15500 | 15500000 |
|  Vauxmont Metropolitan District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2022 | 200 | 200155 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2023 | 120 | 122584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2024 | 130 | 135321 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2025 | 125 | 132617 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2026 | 140 | 149969 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2022 | 330 | 330000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2023 | 385 | 392863 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2024 | 400 | 415803 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2025 | 355 | 375485 |
|  |  |  |  | 33672656 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Connecticut–1.51%** |  |  |  |  |
|  Connecticut (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 03/01/2026 | $450 | $452721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, GO Bonds | 5.00% | 03/01/2027 | 5200 | 5228989 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, GO Bonds | 5.00% | 03/15/2032 | 3280 | 3490332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, GO Bonds | 4.00% | 06/15/2024 | 10000 | 10215538 |
|  Connecticut (State of) (Transportation Infrastructure); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 4590 | 4599477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 10/01/2024 | 275 | 280443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 10/01/2027 | 150 | 152809 |
|  Connecticut (State of) Health & Educational Facilities Authority (New Haven Hospital); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 N, RB | 5.00% | 07/01/2027 | 225 | 227600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 07/01/2032 | 10650 | 10924891 |
|  Willington (Town of), CT; Series 2006, GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.00% | 12/01/2023 | 5 | 5007 |
|  |  |  |  | 35577807 |
|  **District of Columbia–0.14%** |  |  |  |  |
|  District of Columbia; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 12/01/2024 | 280 | 280577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 12/01/2026 | 100 | 100209 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, GO Bonds | 5.00% | 06/01/2027 | 250 | 253076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, GO Bonds | 5.00% | 06/01/2030 | 100 | 101211 |
|  District of Columbia (KIPP Charter School); Series 2013, RB<sup>(f)</sup>  | 5.00% | 07/01/2023 | 165 | 167107 |
|  District of Columbia Water & Sewer Authority; Series 1998, RB (INS - AGM)<sup>(b)</sup>  | 5.50% | 10/01/2023 | 1060 | 1086018 |
|  Washington Metropolitan Area Transit Authority; Series 2017 B, RB | 5.00% | 07/01/2029 | 1110 | 1215469 |
|  |  |  |  | 3203667 |
|  **Florida–6.97%** |  |  |  |  |
|  Board of Governors of Florida Atlantic University; Series 2017, Ref. RB | 5.00% | 07/01/2031 | 1000 | 1059674 |
|  Broward (County of), FL; Series 2012 Q-1, RB | 5.00% | 10/01/2024 | 1850 | 1866412 |
|  Broward (County of), FL (Parks & Land Preservation); Series 2012, Ref. GO Bonds | 5.00% | 01/01/2024 | 1500 | 1504717 |
|  Broward (County of), FL School Board; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. COP | 5.00% | 07/01/2032 | 1115 | 1182699 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RN | 4.00% | 06/30/2023 | 10000 | 10095897 |
|  Capital Trust Agency, Inc. (Gardens Apartements); Series 2015 A, RB | 3.50% | 07/01/2025 | 650 | 591257 |
|  Florida (State of) Department of Transportation; Series 2013 A, Ref. RB | 5.00% | 07/01/2024 | 105 | 106482 |
|  Florida Development Finance Corp.; Series 2021, RB<sup>(c)(g)</sup>  | 2.90% | 04/04/2023 | 4000 | 3983669 |
|  Florida Development Finance Corp. (Mayflower Retirement Community); Series 2021, RB<sup>(d)</sup>  | 1.75% | 06/01/2026 | 1020 | 915746 |
|  Florida Housing Finance Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB (CEP - GNMA) | 3.65% | 07/01/2041 | 1155 | 1142122 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 3, RB (CEP - GNMA) | 5.50% | 01/01/2054 | 4400 | 4677715 |
|  Gainesville (City of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. VRD RB<sup>(a)</sup>  | 1.40% | 10/01/2042 | 9005 | 9005000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 10/01/2031 | 1265 | 1375055 |
|  JEA Electric System; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 3-A, VRD RB<sup>(a)</sup>  | 1.87% | 10/01/2036 | 10720 | 10720000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 C-2, VRD RB<sup>(a)</sup>  | 1.85% | 10/01/2034 | 20425 | 20425000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 10/01/2031 | 7935 | 8632010 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 10/01/2032 | 1300 | 1409462 |
|  JEA Water & Sewer System; Series 2008 A-2, VRD RB<sup>(a)</sup>  | 1.85% | 10/01/2038 | 10500 | 10500000 |
|  Miami (City of) & Dade (County of), FL School Board; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 D, Ref. COP | 5.00% | 11/01/2030 | 1860 | 1923549 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 D, Ref. COP | 5.00% | 11/01/2031 | 1420 | 1468516 |
|  Miami-Dade (County of), FL; Series 2012 B, Ref. RB | 5.00% | 10/01/2024 | 1285 | 1287220 |
|  Miami-Dade (County of), FL Educational Facilities Authority (University of Miami); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 04/01/2024 | 250 | 251814 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 04/01/2027 | 525 | 528277 |
|  Miami-Dade (County of), FL Expressway Authority; Series 2010 A, RB | 5.00% | 07/01/2040 | 10000 | 10000615 |
|  Miami-Dade (County of), FL Housing Finance Authority (Palm Lakes); Series 2012, RB (LOC - Fannie Mae)<sup>(e)</sup>  | 4.05% | 01/15/2028 | 8500 | 8541372 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Florida–(continued)** |  |  |  |  |
|  Miami-Dade (County of), FL Industrial Development Authority (Florida Power & Light); Series 2021, Ref. VRD RB<sup>(a)</sup>  | 1.45% | 05/01/2046 | $10000 | $10000000 |
|  North Sumter (County of), FL Utility Dependent District; Series 2020, Ref. RB | 5.00% | 10/01/2024 | 3450 | 3582405 |
|  Orlando (City of), FL; Series 2013, Ref. RB | 5.00% | 10/01/2027 | 750 | 765348 |
|  Orlando (City of), FL Utilities Commission; Series 2015 B, Ref. VRD RB<sup>(a)</sup>  | 1.90% | 10/01/2039 | 31450 | 31450000 |
|  Polk (County of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. RB | 5.00% | 10/01/2024 | 125 | 125238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. RB | 5.00% | 10/01/2025 | 165 | 165308 |
|  Pompano Beach (City of), FL (John Knox Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-1, RB | 2.00% | 01/01/2029 | 1545 | 1304514 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-2, RB | 1.45% | 01/01/2027 | 1340 | 1174501 |
|  Port St. Lucie (City of), FL; Series 2005 A, RB (INS - NATL)<sup>(b)</sup>  | 4.38% | 07/01/2023 | 5 | 5008 |
|  Reedy Creek Improvement District; Series 2017 A, GO Bonds | 5.00% | 06/01/2023 | 1600 | 1618021 |
|  Sarasota (County of), FL Public Hospital District (Sarasota Memorial Hospital); Series 1998 B, Ref. RB (INS - NATL)<sup>(b)</sup>  | 5.25% | 07/01/2024 | 250 | 256238 |
|  St. Johns (County of), FL Industrial Development Authority (Vicar's Landing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2022 | 110 | 109972 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 12/15/2023 | 120 | 119087 |
|  Sunrise Lakes Phase 4 Recreation District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, Ref. GO Bonds (INS - AGC)<sup>(b)</sup>  | 4.00% | 08/01/2023 | 5 | 5006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, Ref. GO Bonds (INS - AGC)<sup>(b)</sup>  | 4.13% | 08/01/2024 | 20 | 20025 |
|  |  |  |  | 163894951 |
|  **Georgia–4.82%** |  |  |  |  |
|  Atlanta (City of) & Fulton (County of), GA Recreation Authority; Series 2007 A, RB (INS - NATL)<sup>(b)</sup>  | 4.13% | 12/01/2022 | 5 | 5000 |
|  Atlanta (City of), GA; Series 2019 F, Ref. RB | 5.00% | 07/01/2023 | 3000 | 3042495 |
|  Atlanta (City of), GA Urban Residential Finance Authority (Hollywood Shawnee Apartments); Series 2021 B, RB<sup>(c)(d)</sup>  | 1.35% | 01/01/2023 | 2600 | 2596512 |
|  Burke (County of), GA Development Authority (Georgia Power Co. Plant Vogtle); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, Ref. RB<sup>(c)</sup>  | 2.88% | 08/19/2025 | 5000 | 4935364 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB<sup>(c)</sup>  | 2.93% | 03/12/2024 | 7000 | 6907015 |
|  College Park (City of), GA (Atlanta International Airport); Series 2006 B, RB<br>(INS - NATL)<sup>(b)</sup>  | 4.38% | 01/01/2026 | 35 | 35037 |
|  Dalton (City of), GA Downtown Development Authority; Series 1996, Revenue Ctfs. (INS - NATL)<sup>(b)</sup>  | 5.50% | 08/15/2026 | 2145 | 2232982 |
|  DeKalb (County of), GA; Series 2013, Ref. RB | 5.00% | 10/01/2030 | 100 | 101815 |
|  Fulton (County of), GA; Series 2013, Ref. RB | 5.00% | 01/01/2027 | 1605 | 1607941 |
|  Georgia (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 D, GO Bonds | 5.00% | 02/01/2025 | 100 | 100394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-2, GO Bonds | 5.00% | 02/01/2029 | 5020 | 5490197 |
|  Georgia Municipal Association, Inc.; Series 1998, COP (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2023 | 25 | 25053 |
|  Housing Authority of Clayton County Facilities Holding Co. LLC (The) (Riverwood Townhouses); Series 2021 B, RB<sup>(c)(d)</sup>  | 1.40% | 04/01/2023 | 2000 | 1987909 |
|  Houston (County of), GA Hospital Authority (Houston Hospitals, Inc.); Series 2016 A, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 04/01/2024 | 1520 | 1553280 |
|  Macon-Bibb (County of), GA Housing Authority (Green Meadows Apartments); Series 2021 B, RB<sup>(c)</sup>  | 4.50% | 05/01/2023 | 2000 | 2000386 |
|  Main Street Natural Gas, Inc.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(c)</sup>  | 4.00% | 09/01/2023 | 21595 | 21676828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB (67% of 1 mo. USD LIBOR + 0.75%)<sup>(c)(i)</sup>  | 3.51% | 09/01/2023 | 1000 | 994714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(c)</sup>  | 4.00% | 09/01/2027 | 8500 | 8519464 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2018 C, RB<sup>(c)</sup>  | 4.00% | 12/01/2023 | 18970 | 19040703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2018 D, RB (1 mo. USD LIBOR + 0.83%)<sup>(c)(i)</sup>  | 3.59% | 12/01/2023 | 30000 | 29786553 |
|  Milledgeville (City of) & Baldwin (County of), GA Development Authority; Series 2003 A, RB (INS - AGC)<sup>(b)</sup>  | 4.50% | 09/01/2025 | 30 | 30035 |
|  Savannah (City of), GA Hospital Authority; Series 2013 A, RB | 5.50% | 07/01/2027 | 500 | 506800 |
|  |  |  |  | 113176477 |
|  **Hawaii–0.00%** |  |  |  |  |
|  Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Health Obligated Group); Series 2013 B, Ref. RB | 5.00% | 07/01/2030 | 100 | 100695 |
|  **Illinois–7.59%** |  |  |  |  |
|  Bellwood (Village of), IL; Series 2016 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2026 | 210 | 226499 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Illinois–(continued)** |  |  |  |  |
|  Centerpoint Intermodal Center Program Trust; Series 2004 A, Revenue Ctfs.<sup>(c)(d)</sup>  | 4.00% | 12/15/2022 | $1235 | $1234591 |
|  Chicago (City of), IL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1999, GO Bonds (INS - NATL)<sup>(b)(h)</sup>  | 0.00% | 01/01/2024 | 6110 | 5877009 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 11/01/2025 | 905 | 913172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.25% | 11/01/2033 | 3905 | 3940851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 11/01/2025 | 235 | 235861 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 01/01/2028 | 3500 | 3502623 |
|  Chicago (City of), IL (O'Hare International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB<sup>(g)</sup>  | 5.00% | 01/01/2024 | 9045 | 9056772 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 1000 | 1002023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 D, RB<sup>(c)(f)</sup>  | 5.25% | 01/01/2023 | 275 | 275611 |
|  Chicago (City of), IL Board of Education; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1999 A, GO Bonds (INS - BHAC)<sup>(b)(h)</sup>  | 0.00% | 12/01/2022 | 800 | 800000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 A, Ref. GO Bonds (INS - AMBAC)<sup>(b)</sup>  | 5.50% | 12/01/2023 | 200 | 204663 |
|  Chicago (City of), IL Midway International Airport; Series 2014 B, Ref. RB | 5.00% | 01/01/2033 | 3830 | 3878870 |
|  Chicago (City of), IL Transit Authority (FTA Section 5307 Urbanized Area Formula Funds); Series 2021, Ref. RB | 5.00% | 06/01/2023 | 1320 | 1333820 |
|  Chicago State University; Series 1998, RB (INS - NATL)<sup>(b)</sup>  | 5.50% | 12/01/2023 | 465 | 469392 |
|  Collinsville (City of), IL Area Recreation District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.40% | 12/01/2022 | 300 | 300000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.50% | 12/01/2023 | 630 | 631363 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.60% | 12/01/2025 | 350 | 350539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.65% | 12/01/2026 | 450 | 450682 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007, Ref. GO Bonds (INS - AMBAC)<sup>(b)</sup>  | 4.00% | 12/01/2027 | 65 | 64212 |
|  Illinois (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, GO Bonds | 5.00% | 11/01/2025 | 2000 | 2064305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, GO Bonds | 5.00% | 11/01/2025 | 10960 | 11312394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 4.00% | 05/01/2024 | 2085 | 2100161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds | 5.00% | 11/01/2026 | 2935 | 3053047 |
|  Illinois (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, Ref. VRD RB<sup>(a)</sup>  | 1.75% | 07/01/2038 | 20000 | 20000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB<sup>(f)</sup>  | 5.00% | 07/01/2023 | 1000 | 1008327 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 4.00% | 11/01/2023 | 405 | 400950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 11/01/2025 | 440 | 436108 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 11/01/2026 | 460 | 453087 |
|  Illinois (State of) Finance Authority (CITGO Petroleum Corp.); Series 2002, RB<sup>(g)</sup>  | 8.00% | 06/01/2032 | 560 | 560478 |
|  Illinois (State of) Finance Authority (Downers Grove Community High School); Series 2019, RB | 4.00% | 12/15/2022 | 525 | 525300 |
|  Illinois (State of) Finance Authority (Northshore University Health); Series 2020 B, VRD RB<sup>(a)</sup>  | 1.45% | 08/15/2049 | 10000 | 10000000 |
|  Illinois (State of) Finance Authority (Northwestern Memorial Healthcare); Series 2017 B, RB<sup>(c)</sup>  | 5.00% | 12/15/2022 | 7870 | 7876405 |
|  Illinois (State of) Finance Authority (The University of Chicago); Series 2014 A, Ref. RB | 5.00% | 10/01/2027 | 10 | 10387 |
|  Illinois (State of) Housing Development Authority; Series 2005, RB (INS - AGM)<sup>(b)</sup>  | 4.60% | 09/01/2025 | 20 | 20029 |
|  Illinois (State of) Regional Transportation Authority; Series 1997, Ref. RB<br>(INS - NATL)<sup>(b)</sup>  | 6.00% | 06/01/2023 | 495 | 503176 |
|  Illinois (State of) Toll Highway Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 01/01/2031 | 11035 | 11053039 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 01/01/2032 | 4600 | 4607050 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, RB | 5.00% | 01/01/2031 | 1000 | 1067217 |
|  Lake (County of), IL; Series 2020, Ref. RB | 4.00% | 12/01/2022 | 900 | 900000 |
|  Lake County Community College District No. 532; Series 2013 A, GO Bonds | 4.00% | 06/01/2023 | 500 | 500593 |
|  Melrose Park (Village of), IL; Series 2011 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2022 | 1700 | 1701409 |
|  Riverdale (Village of), IL; Series 2003 E, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.80% | 01/01/2023 | 25 | 25016 |
|  Rockford (City of), IL (Waterworks System Alternative Revenue Source); Series 2010, GO Bonds | 3.75% | 12/15/2025 | 280 | 280248 |
|  Sales Tax Securitization Corp.; Series 2017 A, Ref. RB | 5.00% | 01/01/2024 | 10200 | 10447891 |
|  Southwestern Illinois Development Authority (Memorial Group, Inc.); Series 2013, RB<sup>(f)</sup>  | 6.38% | 11/01/2023 | 295 | 304820 |
|  Tender Option Bond Trust Receipts/Certificates; Series 2018-XL0093, VRD Ctfs.<sup>(a)(d)</sup>  | 1.99% | 01/01/2048 | 31700 | 31700000 |
|  University of Illinois; Series 2008 A, Ref. COP (INS - AGM)<sup>(b)</sup>  | 5.25% | 10/01/2026 | 1020 | 1027614 |
|  University Park (Village of), IL; Series 2003, GO Bonds (INS - AMBAC)<sup>(b)</sup>  | 4.65% | 12/01/2023 | 30 | 30056 |
|  West Chicago Fire Protection District; Series 2008, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.75% | 01/01/2029 | 15 | 15023 |
|  Western Springs (Village of), IL; Series 2017, GO Bonds | 3.00% | 12/01/2022 | 110 | 110000 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Illinois–(continued)** |  |  |  |  |
|  Will County Community Unit School District No. 365; Series 2003, GO Bonds (INS - AGM)<sup>(b)(h)</sup>  | 0.00% | 11/01/2023 | $19955 | $19464704 |
|  |  |  |  | 178307387 |
|  **Indiana–0.79%** |  |  |  |  |
|  Ball State University; Series 2013, RB | 5.00% | 07/01/2025 | 410 | 414904 |
|  Gary (City of), IN & Chicago (City of), IL International Airport Authority (Gary/Chicago International Airport); Series 2014, RB<sup>(g)</sup>  | 5.50% | 02/01/2025 | 560 | 560604 |
|  Indiana (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 A, Ref. RB | 5.00% | 12/01/2022 | 190 | 190000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 10/01/2026 | 1750 | 1813669 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 10/01/2027 | 1750 | 1813035 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(c)(g)</sup>  | 4.50% | 11/15/2023 | 10000 | 10017483 |
|  Indiana (State of) Finance Authority (United States Steel Corp.); Series 2021 A, Ref. RB | 4.13% | 12/01/2026 | 3500 | 3413748 |
|  Merrillville (Town of), IN (Belvedere Housing); Series 2016, RB | 5.05% | 04/01/2026 | 395 | 377603 |
|  |  |  |  | 18601046 |
|  **Iowa–0.64%** |  |  |  |  |
|  Iowa (State of) Finance Authority (Unitypoint Health); Series 2014 C, RB | 5.00% | 02/15/2032 | 1150 | 1166091 |
|  Iowa City (City of), IA Community School District; Series 2015, RB | 5.00% | 06/01/2024 | 125 | 126654 |
|  PEFA, Inc.; Series 2019, RB<sup>(c)</sup>  | 5.00% | 09/01/2026 | 13500 | 13832177 |
|  |  |  |  | 15124922 |
|  **Kansas–0.22%** |  |  |  |  |
|  Johnson County Unified School District No. 231 Gardner - Edgerton; Series 2013 A, Ref. GO Bonds | 5.00% | 10/01/2025 | 100 | 101963 |
|  Manhattan (City of), KS; Series 2022, RB | 2.38% | 12/01/2022 | 3000 | 3000000 |
|  University of Kansas Hospital Authority; Series 2015, Ref. RB | 5.00% | 09/01/2030 | 1930 | 2033645 |
|  |  |  |  | 5135608 |
|  **Kentucky–2.47%** |  |  |  |  |
|  Jefferson County Capital Projects Corp.; Series 2007 A, Ref. RB (INS - AGM)<sup>(b)</sup>  | 4.38% | 06/01/2028 | 25 | 25100 |
|  Kentucky (Commonwealth of) Property & Building Commission (No. 119); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 05/01/2027 | 4750 | 5171210 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 05/01/2028 | 5000 | 5533362 |
|  Kentucky (Commonwealth of) Public Energy Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-1, RB<sup>(c)</sup>  | 4.00% | 06/01/2025 | 5000 | 4970628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB (1 mo. USD LIBOR + 1.12%)<sup>(c)(i)</sup>  | 3.88% | 06/01/2025 | 10000 | 9735010 |
|  Kentucky Rural Water Finance Corp.; Series 2008, Ref. RB | 4.13% | 02/01/2023 | 5 | 5006 |
|  Louisville & Jefferson (Counties of), KY Metropolitan Sewer District; Series 2013 B, Ref. RB | 5.00% | 05/15/2026 | 120 | 121336 |
|  Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Louisville Gas and Electric Co.); Series 2007, Ref. VRD RB<sup>(a)</sup>  | 1.85% | 06/01/2033 | 29700 | 29700000 |
|  Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.); Series 2016, Ref. RB | 5.00% | 10/01/2032 | 2660 | 2768005 |
|  |  |  |  | 58029657 |
|  **Louisiana–1.01%** |  |  |  |  |
|  Jefferson (Parish of), LA Sales Tax District; Series 2019 A, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/01/2023 | 1000 | 1023802 |
|  Louisiana (State of); Series 2022 A, Ref. RB (SOFR + 0.50%)<sup>(c)(i)</sup>  | 3.17% | 05/01/2026 | 3175 | 3082328 |
|  Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 01/01/2023 | 170 | 169808 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 01/01/2024 | 175 | 172507 |
|  Louisiana (State of) Public Facilities Authority (CHRISTUS Health); Series 2009 B-2, Ref. VRD RB (LOC - Bank of New York Mellon)<sup>(a)(e)</sup>  | 1.87% | 07/01/2047 | 4375 | 4375000 |
|  Louisiana (State of) Stadium & Exposition District; Series 2020, RB | 5.00% | 07/03/2023 | 15000 | 15024765 |
|  |  |  |  | 23848210 |
|  **Maine–0.07%** |  |  |  |  |
|  Maine (State of) Educational Loan Authority; Series 2012 A-1, RB (INS - AGC)<sup>(b)(g)</sup>  | 4.75% | 12/01/2024 | 1550 | 1562719 |
|  **Maryland–0.43%** |  |  |  |  |
|  Maryland (State of) Health & Higher Educational Facilities Authority; Series 2017, Ref. RB | 5.00% | 07/01/2031 | 3000 | 3161900 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Maryland–(continued)** |  |  |  |  |
|  Maryland Economic Development Corp. (CNX Marine Terminal, Inc. - Port of Baltimore Facility); Series 2010, Ref. RB | 5.75% | 09/01/2025 | $7030 | $7031355 |
|  |  |  |  | 10193255 |
|  **Massachusetts–0.75%** |  |  |  |  |
|  Cheshire (Town of), MA; Series 2009, GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.75% | 02/01/2024 | 25 | 25056 |
|  Fall River (City of), MA; Series 2022, GO Notes | 3.00% | 02/03/2023 | 11720 | 11734204 |
|  Massachusetts (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, GO Bonds | 5.00% | 05/01/2031 | 930 | 939020 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, GO Bonds | 5.00% | 05/01/2032 | 1245 | 1256857 |
|  Massachusetts (Commonwealth of) (Green Bonds); Series 2014 E, GO Bonds | 5.00% | 09/01/2024 | 680 | 681317 |
|  Massachusetts (Commonwealth of) Clean Water Trust (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2013-17A, RB | 5.00% | 02/01/2027 | 175 | 175674 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2013-17A, RB | 5.00% | 02/01/2028 | 150 | 150573 |
|  Massachusetts (Commonwealth of) Development Finance Agency; Series 2007 C, RB (3 mo. USD LIBOR + 0.82%)<sup>(i)</sup>  | 3.91% | 11/15/2032 | 2645 | 2593232 |
|  North Reading (Town of), MA; Series 2005, GO Bonds (INS - AMBAC)<sup>(b)</sup>  | 4.00% | 09/15/2023 | 10 | 10014 |
|  Waltham (City of), MA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, GO Bonds | 4.00% | 09/15/2024 | 25 | 25028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008, GO Bonds | 4.20% | 09/15/2027 | 15 | 15018 |
|  Worcester (City of), MA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 C, GO Bonds (INS - AMBAC)<sup>(b)</sup>  | 4.13% | 09/15/2023 | 15 | 15019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006, GO Bonds (INS - SGI)<sup>(b)</sup>  | 4.20% | 11/01/2024 | 10 | 10013 |
|  |  |  |  | 17631025 |
|  **Michigan–1.55%** |  |  |  |  |
|  Advanced Technology Academy; Series 2019, Ref. RB | 3.50% | 11/01/2024 | 260 | 253742 |
|  Charyl Stockwell Academy; Series 2015, Ref. RB | 4.88% | 10/01/2023 | 60 | 59594 |
|  Detroit (City of), MI; Series 2006, Ref. RB (3 mo. USD LIBOR + 0.60%) (INS - AGM)<sup>(b)(i)</sup>  | 2.09% | 07/01/2032 | 7825 | 7601941 |
|  Michigan (State of) Building Authority (Facilities Program); Series 2013-1A, Ref. RB | 5.00% | 10/15/2024 | 250 | 254937 |
|  Michigan (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 11/15/2032 | 1620 | 1669562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB | 5.00% | 11/15/2023 | 2210 | 2252769 |
|  Michigan (State of) Finance Authority (Detroit Water & Sewerage Department); Series 2014, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 07/01/2023 | 1500 | 1521161 |
|  Michigan (State of) Housing Development Authority; Series 2021 A, RB | 0.55% | 04/01/2025 | 2750 | 2584224 |
|  Muskegon Heights (City of), MI; Series 2006, Ref. RB (INS - NATL)<sup>(b)</sup>  | 4.00% | 11/01/2026 | 185 | 185200 |
|  Tender Option Bond Trust Receipts/Certificates; Series 2021, VRD RB<sup>(a)(d)</sup>  | 1.91% | 10/15/2051 | 1145 | 1145000 |
|  Wayne (County of), MI Airport Authority; Series 2017 C, Ref. RB | 5.00% | 12/01/2023 | 925 | 944083 |
|  Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 12/01/2024 | 2135 | 2139467 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 12/01/2026 | 5380 | 5389551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 D, Ref. RB<sup>(g)</sup>  | 5.00% | 12/01/2028 | 9050 | 9059492 |
|  Wayne State University; Series 2013 A, RB | 5.00% | 11/15/2025 | 1245 | 1269330 |
|  |  |  |  | 36330053 |
|  **Minnesota–0.94%** |  |  |  |  |
|  Duluth Independent School District No. 709; Series 2016 A, Ref. COP | 5.00% | 02/01/2023 | 2415 | 2424235 |
|  Eden Prairie (City of), MN (Eden Glen Apartments); Series 2016 A, Ref. VRD RB (LOC - Bridgewater Bank)<sup>(a)(e)</sup>  | 1.98% | 02/01/2031 | 1965 | 1965000 |
|  Minneapolis & St. Paul (Cities of), MN Housing & Redevelopment Authority (Allina Health System); Series 2019, Ref. RB | 5.00% | 11/15/2023 | 1600 | 1634000 |
|  Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission;<br>Series 2014 A, Ref. RB | 5.00% | 01/01/2030 | 315 | 321498 |
|  Minneapolis (City of), MN (Riverton Community Housing); Series 2003, VRD RB (LOC - Bridgewater Bank)<sup>(a)(e)</sup>  | 1.94% | 10/01/2033 | 4680 | 4680000 |
|  Minnesota (State of); Series 2014 A, RB | 5.00% | 06/01/2031 | 2500 | 2523452 |
|  Minnesota (State of) Governmental Agency Finance Group (Flexible Term Program); Series 2007 A-1, RB (INS - AGC)<sup>(b)</sup>  | 4.13% | 03/01/2027 | 15 | 15002 |
|  Minnesota Higher Education Facilities Authority; Series 2017 A, Ref. RB | 5.00% | 10/01/2029 | 1400 | 1507390 |
|  New Prague (City of), MN; Series 2009 A, GO Bonds | 4.15% | 02/01/2024 | 5 | 5009 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Minnesota–(continued)** |  |  |  |  |
|  North Mankato (City of), MN; Series 2009 C, GO Bonds | 4.00% | 12/01/2024 | $10 | $10010 |
|  Northern Municipal Power Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 01/01/2030 | 340 | 340604 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 01/01/2031 | 460 | 460817 |
|  Owatonna (City of), MN (Second Century); Series 2003 A, Ref. VRD RB (LOC - Bridgewater Bank)<sup>(a)(e)</sup>  | 1.96% | 01/01/2030 | 1380 | 1380000 |
|  St. Francis Independent School District No. 15; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 02/01/2024 | 930 | 933555 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 02/01/2027 | 380 | 381599 |
|  St. Louis Park (City of), MN (Shorehan (The)); Series 2015, VRD RB (LOC - Bridgewater Bank)<sup>(a)(e)</sup>  | 1.93% | 11/01/2045 | 1375 | 1375000 |
|  St. Paul (City of), MN Housing & Redevelopment Authority (St. Paul City School); Series 2016 A, Ref. RB<sup>(c)(f)</sup>  | 4.50% | 07/01/2026 | 385 | 396899 |
|  St. Paul (City of), MN Port Authority (Sibley); Series 2004, Ref. VRD RB<sup>(a)</sup>  | 1.97% | 02/01/2034 | 1400 | 1400000 |
|  Western Minnesota Municipal Power Agency; Series 2014 A, RB | 5.00% | 01/01/2023 | 265 | 265532 |
|  |  |  |  | 22019602 |
|  **Mississippi–0.80%** |  |  |  |  |
|  Mississippi (State of) Development Bank; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 10/01/2023 | 270 | 275189 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB (INS - AGM)<sup>(b)</sup>  | 5.25% | 12/01/2022 | 800 | 800000 |
|  Mississippi Business Finance Corp.; Series 2006, RB | 4.55% | 12/01/2028 | 25 | 24035 |
|  Mississippi Business Finance Corp. (Chevron U.S.A., Inc.); Series 2007 E, VRD IDR<sup>(a)</sup>  | 1.45% | 12/01/2030 | 17760 | 17760000 |
|  |  |  |  | 18859224 |
|  **Missouri–0.27%** |  |  |  |  |
|  Arnold Retail Corridor Transportation Development District; Series 2019, Ref. RB | 3.00% | 11/01/2028 | 180 | 163937 |
|  Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District); Series 2016 A, Ref. RB<sup>(d)</sup>  | 4.25% | 04/01/2026 | 220 | 212173 |
|  Missouri (State of) Health & Educational Facilities Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.00% | 01/01/2030 | 1000 | 1021165 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 11/15/2030 | 1215 | 1279796 |
|  Missouri (State of) Health & Educational Facilities Authority (Webster University); Series 2017, Ref. RB | 5.00% | 04/01/2026 | 3130 | 3271871 |
|  Missouri Western State University; Series 2012, Ref. RB | 3.00% | 10/01/2024 | 50 | 49045 |
|  Springfield Public Building Corp.; Series 2000 A, RB (INS - AMBAC)<sup>(b)(h)</sup>  | 0.00% | 06/01/2025 | 180 | 160205 |
|  St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills); Series 2013 A, RB | 5.00% | 09/01/2023 | 305 | 305597 |
|  |  |  |  | 6463789 |
|  **Montana–1.08%** |  |  |  |  |
|  Mizuho Floater/Residual Trust; Series 2020-MIZ9027, VRD Revenue Ctfs. (LOC - Mizuho Capital Markets LLC)<sup>(a)(d)(e)</sup>  | 2.10% | 01/01/2034 | 25265 | 25265000 |
|  Ravalli County School District No. 7; Series 2006, GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.00% | 07/01/2023 | 10 | 10012 |
|  |  |  |  | 25275012 |
|  **Nebraska–0.31%** |  |  |  |  |
|  Central Plains Energy Project; Series 2019, Ref. RB | 4.00% | 08/01/2024 | 1000 | 1006289 |
|  Gretna Public Schools; Series 2022 B, GO Bonds | 5.00% | 12/15/2027 | 1000 | 1065260 |
|  Public Power Generation Agency (Whelan Energy Center Unit 2); Series 2015, Ref. RB | 5.00% | 01/01/2031 | 5040 | 5214837 |
|  |  |  |  | 7286386 |
|  **Nevada–1.09%** |  |  |  |  |
|  Clark (County of), NV Department of Aviation; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 D-2B, Ref. VRD RB (LOC - Barclays Bank PLC)<sup>(a)(e)</sup>  | 1.85% | 07/01/2040 | 18350 | 18350000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A-2, Ref. RB | 5.00% | 07/01/2030 | 5050 | 5216739 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A-2, Ref. RB | 5.00% | 07/01/2033 | 1000 | 1030535 |
|  Nevada (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 C, Ref. GO Bonds | 5.00% | 08/01/2023 | 460 | 460896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 D, Ref. GO Bonds | 5.00% | 06/01/2023 | 225 | 225446 |
|  Sparks (City of), NV (Tourism Improvement District No. 1); Series 2019 A, Ref. RB<sup>(d)</sup>  | 2.50% | 06/15/2024 | 235 | 227303 |
|  |  |  |  | 25510919 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **New Hampshire–0.39%** |  |  |  |  |
|  New Hampshire (State of) Business Finance Authority; Series 2022-2A, RB | 4.00% | 10/20/2036 | $5414 | $4992785 |
|  New Hampshire (State of) Health and Education Facilities Authority; Series 2016, Ref. RB | 5.50% | 06/01/2031 | 4000 | 4201517 |
|  |  |  |  | 9194302 |
|  **New Jersey–7.73%** |  |  |  |  |
|  Atlantic City (City of), NJ; Series 2017 A, Ref. GO Bonds (INS - BAM)<sup>(b)</sup>  | 5.00% | 03/01/2027 | 250 | 270038 |
|  Camden (County of), NJ Improvement Authority; Series 2013 A, Ref. RB | 5.00% | 12/01/2027 | 1610 | 1636127 |
|  Casino Reinvestment Development Authority, Inc.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, RB (INS - AMBAC)<sup>(b)</sup>  | 5.25% | 01/01/2024 | 1500 | 1502139 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 11/01/2023 | 3515 | 3555240 |
|  Jersey (City of), NJ; Series 2022 A, GO Notes | 5.00% | 10/26/2023 | 1665 | 1698808 |
|  Livingston (Township of), NJ; Series 2022, GO Notes | 5.00% | 12/12/2023 | 5000 | 5111747 |
|  New Jersey (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds | 5.00% | 06/01/2026 | 14015 | 15065068 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, GO Bonds | 5.00% | 06/01/2027 | 2885 | 3156825 |
|  New Jersey (State of) Building Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 06/15/2025 | 1500 | 1575269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(f)</sup>  | 5.00% | 06/15/2025 | 1000 | 1057240 |
|  New Jersey (State of) Economic Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004 A, RB (INS - NATL)<sup>(b)</sup>  | 5.25% | 07/01/2025 | 6840 | 7216985 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004 A, RB<sup>(f)</sup>  | 5.25% | 07/01/2025 | 820 | 870649 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 N-1, Ref. RB (INS - NATL)<sup>(b)</sup>  | 5.50% | 09/01/2023 | 3010 | 3070145 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 N-1, Ref. RB (INS - AMBAC)<sup>(b)</sup>  | 5.50% | 09/01/2024 | 6000 | 6259630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 KK, RB | 5.00% | 03/01/2023 | 2135 | 2138247 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 NN, Ref. RB | 5.00% | 03/01/2023 | 2000 | 2011345 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 NN, Ref. RB | 5.00% | 03/01/2025 | 3100 | 3114890 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 11/01/2023 | 1500 | 1528842 |
|  New Jersey (State of) Educational Facilities Authority (Higher Education Facilities Trust Fund); Series 2014, RB | 5.00% | 06/15/2026 | 1000 | 1028124 |
|  New Jersey (State of) Health Care Facilities Financing Authority (Greystone Park Psychiatric Hospital); Series 2013, Ref. RB | 5.00% | 09/15/2023 | 400 | 406615 |
|  New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2029 | 1120 | 1217370 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2032 | 815 | 879959 |
|  New Jersey (State of) Health Care Facilities Financing Authority (Inspira Health Obligated Group); Series 2016, Ref. RB | 5.00% | 07/01/2031 | 5100 | 5352161 |
|  New Jersey (State of) Health Care Facilities Financing Authority (RWJ Barnabas Health Obligated Group); Series 2016 A, Ref. RB | 5.00% | 07/01/2031 | 8840 | 9421120 |
|  New Jersey (State of) Housing & Mortgage Finance Agency; Series 2022 I, RB | 5.00% | 10/01/2053 | 3000 | 3115545 |
|  New Jersey (State of) Transportation Trust Fund Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 B, RB (INS - AMBAC)<sup>(b)</sup>  | 5.25% | 12/15/2023 | 1000 | 1023816 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 A, RB (INS - AGM)<sup>(b)</sup>  | 5.50% | 12/15/2022 | 1000 | 1001114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 A, RB (INS - AGM)<sup>(b)</sup>  | 5.25% | 12/15/2023 | 1370 | 1403901 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 D, RB | 5.25% | 12/15/2023 | 4505 | 4612292 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RN | 5.00% | 06/15/2023 | 1250 | 1264695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/15/2028 | 5000 | 5277890 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RN | 5.00% | 06/15/2024 | 3500 | 3610698 |
|  New Jersey (State of) Turnpike Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 01/01/2027 | 8650 | 8944113 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 01/01/2033 | 15350 | 15831927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 E, RB | 5.00% | 01/01/2032 | 5635 | 5871061 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 E, RB | 5.00% | 01/01/2034 | 3785 | 3932288 |
|  North Caldwell School District; Series 2010, Ref. GO Bonds (CEP - Oregon School Bond Guaranty) | 4.00% | 02/15/2023 | 515 | 515595 |
|  Salem (County of), NJ Pollution Control Financing Authority (Chambers); Series 2014 A, PCR<sup>(f)(g)</sup>  | 5.00% | 12/01/2023 | 450 | 455245 |
|  Tender Option Bond Trust Receipts/Certificates; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-XF1059, VRD Ctfs. (INS - AMBAC)<sup>(a)(b)(d)</sup>  | 1.94% | 12/15/2036 | 24534 | 24534000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-XF2482, VRD Ctfs. (INS - BAM)<sup>(a)(b)(d)</sup>  | 1.95% | 03/01/2042 | 3935 | 3935000 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **New Jersey–(continued)** |  |  |  |  |
|  Union (County of), NJ Industrial Pollution Control Financing Authority (Exxon); Series 1994, Ref. VRD RB<sup>(a)</sup>  | 1.34% | 07/01/2033 | $17135 | $17135000 |
|  |  |  |  | 181608763 |
|  **New Mexico–0.51%** |  |  |  |  |
|  Albuquerque Municipal School District No. 12; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 08/01/2029 | 2575 | 2773308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 08/01/2030 | 1250 | 1345362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 08/01/2031 | 1700 | 1826622 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, GO Bonds | 5.00% | 08/01/2032 | 2910 | 3120455 |
|  New Mexico (State of) Hospital Equipment Loan Council (La Vida Expansion);<br>Series 2019 C, RB | 2.25% | 07/01/2023 | 1550 | 1534039 |
|  Saltillo Public Improvement District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB (INS - BAM)<sup>(b)</sup>  | 4.00% | 10/01/2024 | 105 | 107151 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB (INS - BAM)<sup>(b)</sup>  | 4.00% | 10/01/2025 | 160 | 164880 |
|  State of New Mexico Severance Tax Permanent Fund; Series 2021 A, RB | 5.00% | 07/01/2023 | 1150 | 1166557 |
|  |  |  |  | 12038374 |
|  **New York–12.46%** |  |  |  |  |
|  Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District); Series 2013 A, RB | 5.00% | 05/01/2027 | 250 | 252391 |
|  Metropolitan Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB | 5.00% | 11/15/2023 | 250 | 250000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB | 5.00% | 11/15/2024 | 450 | 450554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB | 5.00% | 11/15/2025 | 700 | 700861 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 D, Ref. RB | 5.00% | 11/15/2025 | 365 | 365380 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 F, Ref. RB | 5.00% | 11/15/2024 | 940 | 941000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 D-1, Ref. RB | 5.00% | 11/15/2024 | 115 | 118339 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 F, Ref. RB | 5.00% | 11/15/2027 | 525 | 538675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2012 G-1, VRD Ref. RB (LOC - Barclays Bank PLC)<sup>(a)(e)</sup>  | 1.30% | 11/01/2032 | 7700 | 7700000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2015 E-1, VRD RB (LOC - Barclays Bank PLC)<sup>(a)(e)</sup>  | 1.30% | 11/15/2050 | 3880 | 3880000 |
|  Metropolitan Transportation Authority (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A2, Ref. RB | 4.00% | 11/15/2025 | 145 | 146769 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A-2, Ref. RB | 5.00% | 11/15/2023 | 1450 | 1472070 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 11/15/2024 | 3500 | 3601629 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C-1, Ref. RB | 5.00% | 11/15/2023 | 3000 | 3045662 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C-1, Ref. RB | 5.00% | 11/15/2026 | 605 | 635668 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB | 5.00% | 11/15/2023 | 2200 | 2233486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB | 5.00% | 11/15/2024 | 175 | 180081 |
|  Monroe County Industrial Development Corp. (Rochester Schools Modernization); Series 2013, RB | 5.00% | 05/01/2024 | 125 | 126210 |
|  Nassau County Tobacco Settlement Corp.; Series 2006 A-2, RB | 5.25% | 06/01/2026 | 2712 | 2655781 |
|  New York & New Jersey (States of) Port Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; One Hundred Seventy Fifth Series 2012, RB | 5.00% | 12/01/2023 | 2000 | 2003825 |
| &nbsp;&nbsp;&nbsp;&nbsp; One Hundred Seventy Fifth Series 2012, RB | 5.00% | 12/01/2025 | 480 | 480983 |
| &nbsp;&nbsp;&nbsp;&nbsp; One Hundred Seventy Fifth Series 2012, RB | 4.00% | 12/01/2026 | 470 | 470423 |
|  New York (City of), NY; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, GO Bonds | 5.00% | 08/01/2023 | 250 | 250501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 I, GO Bonds | 5.00% | 08/01/2023 | 360 | 360722 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 I, GO Bonds | 5.00% | 08/01/2024 | 1425 | 1427763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 I, GO Bonds | 5.00% | 08/01/2025 | 520 | 521129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 I, GO Bonds | 5.00% | 08/01/2026 | 245 | 245532 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2012 G-6, VRD GO Bonds (LOC - Mizuho Bank Ltd.)<sup>(a)(e)</sup>  | 1.45% | 04/01/2042 | 13000 | 13000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2014 I-3, VRD GO Bonds (LOC - Citibank N.A.)<sup>(a)(e)</sup>  | 1.92% | 03/01/2044 | 20540 | 20540000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2015 F-5, VRD GO Bonds<sup>(a)</sup>  | 1.30% | 06/01/2044 | 5000 | 5000000 |
|  New York (City of), NY Industrial Development Agency (123 Washington LLC); Series 2007, VRD RB (LOC - Bank of China Ltd.)<sup>(a)(e)</sup>  | 1.85% | 10/01/2042 | 41180 | 41180000 |
|  New York (City of), NY Municipal Water Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 BB, VRD RB<sup>(a)</sup>  | 1.37% | 06/15/2049 | 14500 | 14500000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 DD, Ref. VRD RB<sup>(a)</sup>  | 2.05% | 06/15/2033 | 10000 | 10000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2012 A-1, VRD RB<sup>(a)</sup>  | 1.30% | 06/15/2044 | 14085 | 14085000 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**<br>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **New York–(continued)** |  |  |  |  |
|  New York (City of), NY Transitional Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2013 F-1, RB | 5.00% | 02/01/2032 | $5675 | $5693867 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2013 H, RB | 5.00% | 11/01/2024 | 325 | 328253 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2013 H, RB | 5.00% | 11/01/2029 | 110 | 111029 |
|  New York (State of) Dormitory Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 03/15/2031 | 6000 | 6281163 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 03/15/2033 | 2500 | 2612066 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A-1, Ref. RB<sup>(d)</sup>  | 4.80% | 12/01/2023 | 155 | 150869 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 D, Ref. RB | 5.00% | 02/15/2029 | 3965 | 4258775 |
|  New York (State of) Dormitory Authority (Memorial Sloan Kettering Cancer); Series 1998, RB (INS - NATL)<sup>(b)</sup>  | 5.50% | 07/01/2023 | 1765 | 1794950 |
|  New York (State of) Dormitory Authority (New York University); Series 2016 A, RB | 5.00% | 07/01/2031 | 1410 | 1510414 |
|  New York (State of) Housing Finance Agency (Sustainability Bonds); Series 2021 D-2, RB<sup>(c)</sup>  | 0.25% | 05/01/2023 | 2000 | 1974261 |
|  New York (State of) Utility Debt Securitization Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 12/15/2024 | 735 | 735655 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 06/15/2025 | 500 | 506628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 12/15/2024 | 1350 | 1351203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/15/2024 | 675 | 675602 |
|  New York City Housing Development Corp. (Royal Properties); Series 2005 A, VRD RB (LOC - Fannie Mae)<sup>(a)(e)</sup>  | 1.82% | 04/15/2035 | 17200 | 17200000 |
|  New York City Housing Development Corp. (Sustainability Bonds); Series 2020 I-2, RB (CEP - Federal Housing Administration)<sup>(c)</sup>  | 0.70% | 05/01/2025 | 5000 | 4661132 |
|  New York City Housing Development Corp. (Sustainable Development);<br>Series 2021 F-2, RB (CEP - Federal Housing Administration)<sup>(c)</sup>  | 0.60% | 07/01/2025 | 1000 | 922203 |
|  New York City Housing Development Corp. (Sustainable Neighborhood);<br>Series 2019, RB<sup>(c)</sup>  | 1.75% | 07/03/2023 | 1890 | 1869393 |
|  New York Counties Tobacco Trust VI; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 06/01/2023 | 685 | 689993 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 06/01/2026 | 460 | 475141 |
|  New York State Urban Development Corp.; Series 2013 A-1, RB<sup>(c)(f)</sup>  | 5.00% | 03/15/2023 | 6000 | 6042904 |
|  New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport); Series 2020, Ref. RB<sup>(g)</sup>  | 5.25% | 08/01/2031 | 15460 | 15829802 |
|  New York Transportation Development Corp. (American Airlines, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(g)</sup>  | 5.00% | 08/01/2026 | 11500 | 11500777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(g)</sup>  | 5.00% | 08/01/2031 | 20070 | 20070223 |
|  Orange County Funding Corp. (Mount St. Mary College); Series 2012 B, RB | 4.00% | 07/01/2024 | 695 | 695223 |
|  Rib Floater Trust Various States; Series 2022-003, VRD RB<sup>(a)(d)</sup>  | 2.05% | 11/01/2041 | 10000 | 10000000 |
|  Triborough Bridge & Tunnel Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 3.00% | 11/15/2028 | 250 | 250031 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 11/15/2031 | 250 | 250510 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2023 | 705 | 706385 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2024 | 420 | 422339 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 4.00% | 11/15/2025 | 300 | 300307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2025 | 2500 | 2505141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2026 | 4665 | 4674554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2027 | 250 | 250512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2029 | 5245 | 5255742 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 11/15/2030 | 650 | 651331 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 11/15/2026 | 485 | 490332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 11/15/2027 | 1050 | 1061544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 11/15/2028 | 130 | 131341 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 11/15/2030 | 630 | 636270 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 C, RB | 5.00% | 11/15/2032 | 550 | 555175 |
|  Westchester County Local Development Corp.; Series 2021, Ref. RB<sup>(d)</sup>  | 2.88% | 07/01/2026 | 3380 | 3260311 |
|  |  |  |  | 292703785 |
|  **North Carolina–1.50%** |  |  |  |  |
|  Charlotte-Mecklenburg Hospital Authority (The) (Atrium Health); Series 2018 F, VRD RB<sup>(a)</sup>  | 1.95% | 01/15/2048 | 10000 | 10000000 |
|  Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 C, Ref. VRD RB<sup>(a)</sup>  | 1.40% | 01/15/2037 | 5000 | 5000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 01/15/2026 | 120 | 120279 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **North Carolina–(continued)** |  |  |  |  |
|  North Carolina (State of) Municipal Power Agency No. 1 (Catawba); Series 2019 A, Ref. RB | 5.00% | 01/01/2023 | $2335 | $2339744 |
|  Raleigh & Durham (Cities of), NC Airport Authority; Series 2008 C, Ref. VRD RB<br>(LOC - TD Bank N.A.)<sup>(a)(e)</sup>  | 1.83% | 05/01/2036 | 17720 | 17720000 |
|  University of North Carolina; Series 2008 A, RB (INS - AGC)<sup>(b)</sup>  | 4.75% | 10/01/2028 | 10 | 10016 |
|  |  |  |  | 35190039 |
|  **Ohio–3.66%** |  |  |  |  |
|  American Municipal Power, Inc. (Prairie State Energy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 02/15/2028 | 9895 | 10143687 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 02/15/2029 | 3495 | 3580330 |
|  Columbus City School District; Series 2016 A, Ref. GO Bonds | 5.00% | 12/01/2031 | 3260 | 3489631 |
|  Cuyahoga (County of), OH (Shaker Square); Series 2010 D, Ref. RB | 5.00% | 12/01/2025 | 825 | 826629 |
|  Dayton (City of), OH (James M. Cox); Series 2014 A, Ref. RB (INS - AGM)<sup>(b)(g)</sup>  | 5.00% | 12/01/2026 | 1335 | 1336383 |
|  Franklin (County of), OH (Nationwide Children's Hospital); Series 2017 B, Ref. VRD RB<sup>(a)</sup>  | 1.81% | 11/01/2052 | 24630 | 24630000 |
|  Greater Cincinnati (Port of), OH Development Authority (IPS Cincinnati LLC); Series 2021, RB<sup>(c)</sup>  | 4.38% | 06/15/2026 | 1500 | 1380907 |
|  Mayfield Heights (City of), OH; Series 2022, GO Notes | 3.00% | 07/20/2023 | 2000 | 1996332 |
|  Ohio (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C, GO Bonds | 5.00% | 03/01/2029 | 500 | 502974 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, VRD RB<sup>(a)</sup>  | 2.20% | 01/15/2045 | 10000 | 10000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, GO Bonds | 5.00% | 09/01/2031 | 3335 | 3428005 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 06/15/2026 | 1360 | 1369344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 06/15/2029 | 780 | 785269 |
|  Ohio (State of) (Cleveland Clinic Health System Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB<sup>(d)</sup>  | 5.00% | 12/01/2023 | 1050 | 1050322 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, VRD RB<sup>(a)</sup>  | 1.92% | 01/01/2052 | 17165 | 17165000 |
|  Ohio (State of) (University Hospitals Health System, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 01/15/2024 | 1000 | 1002480 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 4.13% | 01/15/2026 | 100 | 100089 |
|  Ohio (State of) Higher Educational Facility Commission; Series 2006, RB<br>(CPI Rate + 1.12%) (INS - AMBAC)<sup>(b)(i)</sup>  | 9.66% | 12/01/2023 | 2460 | 2529285 |
|  RiverSouth Authority; Series 2007 A, RB | 5.75% | 12/01/2027 | 575 | 574950 |
|  Stark (County of), OH; Series 2004, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.38% | 12/01/2024 | 5 | 5007 |
|  |  |  |  | 85896624 |
|  **Oklahoma–0.14%** |  |  |  |  |
|  McGee Creek Authority; Series 1992, RB (INS - NATL)<sup>(b)</sup>  | 6.00% | 01/01/2023 | 130 | 130284 |
|  Oklahoma (State of) Development Finance Authority (Sommerset); Series 2015, RB | 5.00% | 07/01/2025 | 1190 | 1175530 |
|  Oklahoma (State of) Municipal Power Authority; Series 1992 B, RB<sup>(f)</sup>  | 5.75% | 01/01/2024 | 150 | 155014 |
|  University of Oklahoma (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C, Ref. RB | 5.00% | 07/01/2024 | 1000 | 1001860 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C, Ref. RB | 5.00% | 07/01/2029 | 250 | 250261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 07/01/2027 | 500 | 500597 |
|  |  |  |  | 3213546 |
|  **Ontario–0.51%** |  |  |  |  |
|  Deutsche Bank Spears/Lifers Trust; Series 2021, VRD RB<sup>(a)(d)(g)</sup>  | 2.08% | 04/01/2031 | 6300 | 6300000 |
|  Nuveen AMT-Free Municipal Credit Income Fund; Series 2019, VRD RB<sup>(a)</sup>  | 2.30% | 03/01/2029 | 5750 | 5750000 |
|  |  |  |  | 12050000 |
|  **Oregon–0.47%** |  |  |  |  |
|  Metro; Series 2012 A, GO Bonds | 5.00% | 06/01/2025 | 4320 | 4325607 |
|  Multnomah (County of), OR Hospital Facilities Authority (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, Ref. RB | 1.20% | 06/01/2028 | 1150 | 978633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B2, Ref. RB | 0.95% | 06/01/2027 | 2965 | 2588305 |
|  Portland Community College District; Series 2018, GO Bonds | 5.00% | 06/15/2032 | 1680 | 1801836 |
|  Yamhill (County of), OR Hospital Authority (Friendsview); Series 2021 B-3, RB | 1.75% | 11/15/2026 | 1355 | 1250163 |
|  |  |  |  | 10944544 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Pennsylvania–6.58%** |  |  |  |  |
|  Allegheny (County of), PA Higher Education Building Authority (Robert Morris University); Series 2017, RB | 5.00% | 10/15/2026 | $445 | $453054 |
|  Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills); Series 2004, RB (Acquired 08/10/2017; Cost $320,749)<sup>(j)(k)</sup>  | 5.60% | 07/01/2023 | 326 | 293070 |
|  Allegheny (County of), PA Sanitary Authority; Series 2013, RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 12/01/2028 | 145 | 148365 |
|  Berks (County of), PA Municipal Authority; Series 2015 XF2049, VRD Ctfs.<sup>(a)(d)</sup>  | 1.95% | 11/01/2044 | 8420 | 8420000 |
|  Coatesville Area School District Building Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 12/01/2022 | 400 | 400000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 12/01/2023 | 400 | 403884 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 12/01/2024 | 425 | 429230 |
|  Delaware (County of), PA Authority (Villanova University); Series 2016, Ref. RB | 5.00% | 12/01/2022 | 150 | 150000 |
|  Delaware River Port Authority; Series 2012, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 400 | 400793 |
|  Delaware River Port Authority (Port District); Series 2012, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 2215 | 2219391 |
|  Geisinger Authority (Geisinger Health System); Series 2014 B, Ref. RB (1 mo. USD LIBOR + 1.07%)<sup>(c)(i)</sup>  | 3.87% | 06/01/2024 | 13600 | 13668621 |
|  Luzerne (County of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 11/15/2023 | 2795 | 2853597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, Ref. GO Bonds (INS - AGM)<sup>(b)</sup>  | 5.00% | 05/15/2023 | 2260 | 2283617 |
|  Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System); Series 2014 A, Ref. RB | 5.00% | 10/01/2024 | 1165 | 1187747 |
|  Pennsylvania (Commonwealth of); Second Series 2013, GO Bonds | 5.00% | 10/15/2025 | 100 | 102025 |
|  Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University); Series 2015 B, VRD RB<sup>(a)</sup>  | 2.36% | 09/01/2045 | 58030 | 58030000 |
|  Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District); Series 2015 A, Ref. RB | 5.00% | 06/01/2023 | 6200 | 6275373 |
|  Pennsylvania (Commonwealth of) Turnpike Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 12/01/2030 | 9990 | 10585999 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 06/01/2029 | 800 | 858661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, Ref. RB (SIFMA Municipal Swap Index + 0.60%)<sup>(i)</sup>  | 2.45% | 12/01/2023 | 1500 | 1500024 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 12/01/2022 | 5325 | 5325000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. VRD RB<sup>(a)</sup>  | 1.81% | 12/01/2039 | 9900 | 9900000 |
|  Philadelphia (City of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 10/01/2028 | 1400 | 1486013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 10/01/2031 | 3270 | 3436002 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.00% | 08/01/2023 | 1000 | 1016560 |
|  Philadelphia (City of), PA Authority for Industrial Development; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A-1, RB | 6.25% | 06/15/2023 | 145 | 147105 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(c)(f)</sup>  | 5.00% | 04/01/2023 | 1765 | 1778633 |
|  Pittsburgh (City of), PA Water & Sewer Authority; Series 2017 C, Ref. RB (SIFMA Municipal Swap Index + 0.65%), (INS - AGM)<sup>(b)(c)(i)</sup>  | 2.50% | 12/01/2023 | 17500 | 17482612 |
|  Sayre (City of), PA Health Care Facilities Authority; Series 2007, RB (3 mo. USD LIBOR + 0.78%)<sup>(i)</sup>  | 3.97% | 12/01/2024 | 30 | 30054 |
|  Washington (County of), PA Redevelopment Authority (Victory Centre); Series 2018, Ref. RB | 5.00% | 07/01/2028 | 1025 | 1020523 |
|  Wilkes-Barre Area School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, GO Bonds (INS - BAM)<sup>(b)</sup>  | 5.00% | 08/01/2024 | 1010 | 1046429 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, GO Bonds (INS - BAM)<sup>(b)</sup>  | 5.00% | 08/01/2026 | 1160 | 1244728 |
|  |  |  |  | 154577110 |
|  **Puerto Rico–0.65%** |  |  |  |  |
|  Puerto Rico (Commonwealth of); Series 2021 A-1, GO Bonds | 5.25% | 07/01/2023 | 2017 | 2026241 |
|  Puerto Rico (Commonwealth of) Electric Power Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 RR, RB (Acquired 01/26/2021; Cost $101,888) (INS - AGC)<sup>(b)(k)</sup>  | 5.00% | 07/01/2026 | 100 | 100669 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 RR, RB (Acquired 01/06/2021; Cost $3,905,000) (INS - SGI)<sup>(b)(k)</sup>  | 5.00% | 07/01/2026 | 3905 | 3919855 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 RR, RB (Acquired 01/06/2021; Cost $1,505,000) (INS - SGI)<sup>(b)(k)</sup>  | 5.00% | 07/01/2027 | 1505 | 1510725 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 UU, Ref. RB (Acquired 06/15/2020; Cost $500,000) (INS - AGM)<sup>(b)(k)</sup>  | 5.00% | 07/01/2024 | 500 | 503346 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 WW, RB (Acquired 05/13/2020; Cost $500,000) (INS - AGC)<sup>(b)(k)</sup>  | 5.25% | 07/01/2033 | 500 | 503346 |
|  Puerto Rico (Commonwealth of) Highway & Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 D, RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 07/01/2027 | 6085 | 6125720 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003 AA, Ref. RB (INS - AGM)<sup>(b)</sup>  | 4.95% | 07/01/2026 | 190 | 189992 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003, RB (INS - AGC)<sup>(b)</sup>  | 5.00% | 07/01/2028 | 475 | 478179 |
|  |  |  |  | 15358073 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Rhode Island–1.17%** |  |  |  |  |
|  Rhode Island Health and Educational Building Corp. (Higher Education Facilities- Brown); Series 2005 A, VRD RB<sup>(a)</sup>  | 1.83% | 05/01/2035 | $27615 | $27615000 |
|  **South Carolina–0.72%** |  |  |  |  |
|  Florence & Darlington (Counties of), SC Commission for Technical Education; Series 2014, Ref. RB | 5.00% | 03/01/2028 | 620 | 628947 |
|  Piedmont Municipal Power Agency; Series 2021 C, Ref. RB | 5.00% | 01/01/2032 | 4000 | 4245092 |
|  South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group); Series 2018 C, VRD RB<sup>(a)</sup>  | 2.39% | 05/01/2048 | 10000 | 10000000 |
|  South Carolina (State of) Public Service Authority; Series 2016 A, Ref. RB | 5.00% | 12/01/2029 | 1885 | 1977210 |
|  |  |  |  | 16851249 |
|  **South Dakota–0.25%** |  |  |  |  |
|  South Dakota (State of) Housing Development Authority; Series 2009 A, VRD RB<sup>(a)</sup>  | 1.97% | 11/01/2048 | 5810 | 5810000 |
|  **Tennessee–1.93%** |  |  |  |  |
|  Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group); Series 2018 A, Ref. RB | 5.00% | 07/01/2025 | 2000 | 2017574 |
|  Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The); Series 2013 A, Ref. RB | 5.00% | 05/15/2027 | 130 | 131341 |
|  Tennessee (State of) Local Development Authority; Series 2006, RB | 4.13% | 03/01/2023 | 5 | 5007 |
|  Tennessee Energy Acquisition Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 A, RB | 5.25% | 09/01/2023 | 2725 | 2747988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 A, RB | 5.25% | 09/01/2024 | 15115 | 15379132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB<sup>(c)</sup>  | 4.00% | 05/01/2023 | 10965 | 10981613 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(c)</sup>  | 4.00% | 11/01/2025 | 10130 | 10085550 |
|  Tennessee Housing Development Agency; Series 2022, RB | 5.50% | 01/01/2053 | 3750 | 3987540 |
|  |  |  |  | 45335745 |
|  **Texas–13.44%** |  |  |  |  |
|  Alamo Community College District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007, GO Bonds (INS - NATL)<sup>(b)</sup>  | 4.50% | 08/15/2033 | 590 | 590692 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, Ref. RB | 5.00% | 11/01/2023 | 775 | 776512 |
|  Alvarado Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)<sup>(c)</sup>  | 2.75% | 08/15/2025 | 2000 | 1991924 |
|  Arlington Higher Education Finance Corp. (Basis Texas Charter School); Series 2021, RB<sup>(c)(d)</sup>  | 4.50% | 06/15/2026 | 1100 | 1053154 |
|  Bexar County Hospital District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, GO Bonds | 5.00% | 02/15/2029 | 1000 | 1004557 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, GO Bonds | 5.00% | 02/15/2030 | 1895 | 1903362 |
|  Calhoun (County of), TX Navigation Industrial Development Authority; Series 2021, RN<sup>(d)(g)</sup>  | 3.63% | 07/01/2026 | 4000 | 3597465 |
|  Canadian River Municipal Water Authority; Series 2014, Ref. RB | 5.00% | 02/15/2024 | 250 | 251178 |
|  Conroe Independent School District; Series 2016 A, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2028 | 7810 | 8359808 |
|  Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 D, Ref. RB | 5.25% | 11/01/2031 | 85 | 86676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 F, Ref. RB | 5.25% | 11/01/2030 | 570 | 581458 |
|  Dallas (City of), TX; Series 2013 A, Ref. GO Bonds | 5.00% | 02/15/2031 | 3465 | 3480288 |
|  Dallas (County of), TX; Series 2016, GO Bonds | 5.00% | 08/15/2029 | 4605 | 4969737 |
|  Denton (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2030 | 1320 | 1420223 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2032 | 3000 | 3218009 |
|  El Paso (City of), TX; Series 2016, GO Bonds | 5.00% | 08/15/2028 | 5000 | 5379857 |
|  El Paso (County of), TX Hospital District; Series 2013, Ctfs. of Obligation | 5.00% | 08/15/2025 | 675 | 682093 |
|  Garland Independent School District; Series 2019 A, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2023 | 2000 | 2010471 |
|  Goose Creek Consolidated Independent School District; Series 2016 A, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2029 | 5000 | 5342467 |
|  Grand Prairie Independent School District; Series 2011, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 4.00% | 02/15/2026 | 675 | 675673 |
|  Guadalupe (County of) & Seguin (City of), TX Hospital Board of Managers; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 12/01/2023 | 1200 | 1212118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 12/01/2024 | 1865 | 1896927 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Texas–(continued)** |  |  |  |  |
|  Harris & Montgomery (Counties of), TX Municipal Utility District No. 386; Series 2014, GO Bonds (INS - AGM)<sup>(b)</sup>  | 4.00% | 09/01/2030 | $620 | $620518 |
|  Harris County Industrial Development Corp. (Exxon Mobil Corp.); Series 1984, VRD RB<sup>(a)</sup>  | 1.36% | 03/01/2024 | 12000 | 12000000 |
|  Houston (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, Ref. VRD RB (LOC - Barclays Bank PLC)<sup>(a)(e)</sup>  | 1.86% | 05/15/2034 | 16670 | 16670000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, Ref. RB (SIFMA Municipal Swap Index + 0.01%)<sup>(c)(i)</sup>  | 1.85% | 12/12/2022 | 15000 | 15000000 |
|  Houston (City of), TX Airport System (United Airlines, Inc. Terminal E); Series 2014, Ref. RB<sup>(g)</sup>  | 4.75% | 07/01/2024 | 1095 | 1097059 |
|  Houston Independent School District; Series 2016 A, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2031 | 1125 | 1199216 |
|  Katy Independent School District; Series 2017, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2031 | 1150 | 1248619 |
|  Lewisville (City of), TX; Series 2013, Ref. RB | 5.00% | 02/15/2029 | 1600 | 1607390 |
|  Lewisville Independent School District; Series 2018, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2026 | 100 | 101675 |
|  Lone Oak Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2023 | 340 | 341773 |
|  Lower Colorado River Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.13% | 05/15/2024 | 100 | 101061 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 05/15/2027 | 785 | 792705 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 05/15/2031 | 2810 | 2835930 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 05/15/2032 | 5955 | 6008875 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB | 5.25% | 05/15/2027 | 245 | 247678 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, Ref. RB | 5.50% | 05/15/2030 | 4025 | 4072035 |
|  Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB<sup>(d)(g)</sup>  | 4.63% | 10/01/2031 | 1000 | 969264 |
|  Mueller Local Government Corp.; Series 2009, RB | 4.25% | 09/01/2029 | 30 | 30044 |
|  New Hope Cultural Education Facilities Finance Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB<sup>(f)</sup>  | 5.00% | 04/01/2023 | 385 | 387910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB<sup>(f)</sup>  | 5.00% | 04/01/2024 | 405 | 416537 |
|  New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing Island Campus, LLC - Texas A&M University-Corpus Christi Island Campus);<br>Series 2017 A, RB<sup>(f)</sup>  | 4.00% | 04/01/2023 | 1295 | 1300778 |
|  North Harris (County of), TX Regional Water Authority; Series 2013, Ref. RB<br>(INS - BAM)<sup>(b)</sup>  | 5.00% | 12/15/2030 | 205 | 205245 |
|  North Texas Municipal Water District; Series 2016, Ref. RB | 5.00% | 06/01/2028 | 1050 | 1129398 |
|  North Texas Tollway Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 39650 | 39731861 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 01/01/2025 | 55 | 55101 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 245 | 245486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 950 | 951883 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 01/01/2024 | 50 | 50098 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 01/01/2025 | 15 | 15026 |
|  Northside Independent School District; Series 2022 B, GO Bonds (CEP - Texas Permanent School Fund)<sup>(c)</sup>  | 2.00% | 06/01/2027 | 1500 | 1406650 |
|  Permanent University Fund - Texas A&M University System; Series 2012 A, RB | 5.00% | 07/01/2023 | 250 | 250506 |
|  Permanent University Fund - University of Texas System; Series 2008 A, VRD RB<sup>(a)</sup>  | 1.70% | 07/01/2037 | 2425 | 2425000 |
|  Port Arthur (Port of), TX Navigation District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010, VRD RB<sup>(a)</sup>  | 2.60% | 11/01/2040 | 8175 | 8175000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2010 D, VRD RB<sup>(a)</sup>  | 2.55% | 11/01/2040 | 20000 | 20000000 |
|  Rib Floater Trust Various States; Series 2022-006, VRD RB (LOC - Barclays Bank PLC)<sup>(a)(d)(e)</sup>  | 2.00% | 11/15/2046 | 36250 | 36250000 |
|  Robstown (City of), TX; Series 2009, Ctfs. of Obligation (INS - AGM)<sup>(b)(h)</sup>  | 0.00% | 03/01/2024 | 490 | 468974 |
|  Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area); Series 2016, RB | 4.90% | 09/15/2024 | 65 | 64177 |
|  San Antonio (City of), TX; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 02/01/2031 | 2145 | 2298200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 02/01/2032 | 3105 | 3349744 |
|  Temple (City of), TX; Series 2012, Ref. GO Bonds | 5.00% | 08/01/2023 | 225 | 225451 |
|  Texas (State of); Series 2015, Ref. GO Bonds | 5.00% | 10/01/2029 | 10000 | 10633825 |
|  Texas (State of) Transportation Commission; Series 2014 B, VRD RB<sup>(a)</sup>  | 1.88% | 04/01/2032 | 40000 | 40000000 |
|  Texas Municipal Gas Acquisition & Supply Corp. I; Series 2008 D, RB | 6.25% | 12/15/2026 | 17275 | 18053316 |
|  Texas Municipal Gas Acquisition & Supply Corp. II; Series 2007, RB (SIFMA Municipal Swap Index + 0.55%)<sup>(i)</sup>  | 2.40% | 09/15/2027 | 12915 | 12369025 |
|  West Travis County Public Utility Agency; Series 2017, Ref. RB (INS - BAM)<sup>(b)</sup>  | 5.00% | 08/15/2030 | 45 | 48901 |
|  |  |  |  | 315936583 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Utah–0.14%** |  |  |  |  |
|  Grand (County of), UT School District Local Building Authority; Series 2019, RB (INS - AGM)<sup>(b)</sup>  | 5.00% | 12/15/2022 | $905 | $905797 |
|  University of Utah (The); Series 2017 B-1, Ref. RB | 5.00% | 08/01/2029 | 1870 | 2057467 |
|  Utah Telecommunication Open Infrastructure Agency; Series 2022, Ref. RB | 5.00% | 06/01/2023 | 250 | 252828 |
|  |  |  |  | 3216092 |
|  **Vermont–0.01%** |  |  |  |  |
|  Vermont (State of); Series 2012 E, GO Bonds | 5.00% | 08/15/2023 | 340 | 340674 |
|  **Virginia–0.22%** |  |  |  |  |
|  Virginia (Commonwealth of) Transportation Board; Series 2017, Ref. RB | 5.00% | 09/15/2023 | 5000 | 5095650 |
|  **Washington–2.15%** |  |  |  |  |
|  Auburn School District No. 408 of King & Pierce Counties; Series 2014, Ref. GO Bonds (CEP - Oregon School Bond Guaranty) | 5.00% | 12/01/2027 | 100 | 102360 |
|  Central Puget Sound Regional Transit Authority; Series 1999, RB (INS - NATL)<sup>(b)</sup>  | 4.75% | 02/01/2028 | 1765 | 1823238 |
|  Energy Northwest (Columbia Generating Station); Series 2014, Ref. RB | 5.00% | 07/01/2031 | 2000 | 2069365 |
|  Kelso (City of), WA Housing Authority; Series 1998, RB | 5.60% | 03/01/2028 | 15 | 15000 |
|  King (County of), WA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB<sup>(c)(f)</sup>  | 5.00% | 01/01/2023 | 125 | 125247 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. VRD GO Bonds<sup>(a)</sup>  | 1.40% | 01/01/2046 | 1000 | 1000000 |
|  King (County of), WA Housing Authority; Series 2021, Ref. RB | 2.00% | 12/01/2022 | 500 | 500000 |
|  Seattle (City of), WA; Series 2013, Ref. RB | 5.00% | 07/01/2024 | 250 | 253529 |
|  Seattle (Port of), WA; Series 2017 C, RB<sup>(g)</sup>  | 5.00% | 05/01/2025 | 275 | 286346 |
|  Tacoma (City of), WA Regional Water Supply System; Series 2013, Ref. RB | 5.00% | 12/01/2026 | 250 | 253101 |
|  Washington (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, GO Bonds | 5.00% | 08/01/2027 | 125 | 126937 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, GO Bonds | 5.50% | 08/01/2029 | 12750 | 12986667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, GO Bonds | 5.00% | 08/01/2032 | 10000 | 10143680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 D, GO Bonds | 5.00% | 02/01/2026 | 250 | 250985 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C, Ref. GO Bonds | 5.00% | 07/01/2023 | 3205 | 3252636 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, GO Bonds | 5.00% | 08/01/2031 | 1205 | 1299109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. GO Bonds | 5.00% | 07/01/2032 | 3840 | 4083390 |
|  Washington (State of) Health Care Facilities Authority (Providence Health & Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 10/01/2025 | 125 | 125702 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 10/01/2026 | 2540 | 2553949 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 10/01/2027 | 2415 | 2427952 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 5.00% | 10/01/2028 | 165 | 165864 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 A, RB | 4.25% | 10/01/2040 | 2800 | 2796307 |
|  Washington (State of) Tobacco Settlement Authority; Series 2018, Ref. RB | 5.00% | 06/01/2024 | 3750 | 3787478 |
|  |  |  |  | 50428842 |
|  **West Virginia–0.61%** |  |  |  |  |
|  West Virginia (State of) Hospital Finance Authority (West Virginia University Health System); Series 2018 E, Ref. VRD RB<sup>(a)</sup>  | 2.37% | 06/01/2033 | 14255 | 14255000 |
|  **Wisconsin–0.99%** |  |  |  |  |
|  Southeast Wisconsin Professional Baseball Park District; Series 1998 A, Ref. RB<sup>(f)</sup>  | 5.50% | 12/15/2026 | 3360 | 3600423 |
|  Wisconsin (State of) Center District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1999, Ref. RB<sup>(f)</sup>  | 5.25% | 12/15/2023 | 210 | 210668 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1999, Ref. RB (INS - AGM)<sup>(b)</sup>  | 5.25% | 12/15/2023 | 235 | 237838 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(d)</sup>  | 5.00% | 12/15/2022 | 2250 | 2251465 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Advocate Aurora Health Credit Group); Series 2018 C3, Ref. RB (SIFMA Municipal Swap Index + 0.55%)<sup>(c)(i)</sup>  | 2.40% | 07/26/2023 | 3750 | 3741603 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Aspirus, Inc. Obligated Group); Series 2013, RB | 5.00% | 08/15/2027 | 800 | 808866 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System); Series 2019 B-2, Ref. RB | 2.55% | 11/01/2027 | 1930 | 1822753 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance); Series 2012, RB | 5.00% | 06/01/2027 | 3225 | 3229008 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Unitypoint Health); Series 2014 A, RB | 5.00% | 12/01/2028 | 980 | 1012684 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Wisconsin–(continued)** |  |  |  |  |
|  Wisconsin (State of) Public Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.00% | 03/01/2032 | $4315 | $4531978 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(c)</sup>  | 3.30% | 10/01/2026 | 1745 | 1745638 |
|  Wisconsin (State of) Public Finance Authority (The Estates at Eagle's Pomite); Series 2016 A, RB | 4.00% | 01/01/2024 | 100 | 97589 |
|  |  |  |  | 23290513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Municipal Obligations (Cost $2,275,459,488) |  |  |  | 2274706422 |
|  **Closed-End Funds–1.48%** |  |  |  |  |
|  **New York–1.48%** |  |  |  |  |
|  Nuveen AMT-Free Quality Municipal Income Fund<br>(Cost $34,870,000) | 1.00% | 03/01/2029 | 34870 | 34870000 |
|  **U.S. Dollar Denominated Bonds & Notes–0.01%** |  |  |  |  |
|  **California–0.01%** |  |  |  |  |
|  CalPlant I LLC; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 21A<sup>(d)(l)</sup>  | 9.50% | 12/12/2022 | 25 | 25000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 21B<sup>(d)(l)</sup>  | 9.50% | 12/12/2022 | 90 | 90000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22A<sup>(d)(l)</sup>  | 9.50% | 12/12/2022 | 50 | 50000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22B<sup>(d)(l)</sup>  | 9.50% | 12/30/2022 | 5 | 5000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22C<sup>(d)(l)</sup>  | 9.50% | 12/30/2022 | 35 | 35000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22X<sup>(d)</sup>  | 9.50% | 01/31/2023 | 50 | 50187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes (Cost $255,000) |  |  |  | 255187 |
|  TOTAL INVESTMENTS IN SECURITIES<sup>(m)</sup>–98.30% (Cost $2,310,584,488) |  |  |  | 2309831609 |
|  OTHER ASSETS LESS LIABILITIES–1.70% |  |  |  | 39917348 |
|  NET ASSETS–100.00% |  |  |  | $2349748957 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| AGC | – Assured Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – American Municipal Bond Assurance Corp. |
| BAM | – Build America Mutual Assurance Co. |
| BHAC | – Berkshire Hathaway Assurance Corp. |
| CEP | – Credit Enhancement Provider |
| COP | – Certificates of Participation |
| CPI | – Consumer Price Index |
| Ctfs. | – Certificates |
| GNMA | – Government National Mortgage Association |
| GO | – General Obligation |
| IDR | – Industrial Development Revenue Bonds |
| INS | – Insurer |
| LIBOR | – London Interbank Offered Rate |
| LOC | – Letter of Credit |
| NATL | – National Public Finance Guarantee Corp. |
| PCR | – Pollution Control Revenue Bonds |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| RN | – Revenue Notes |
| SGI | – Syncora Guarantee, Inc. |
| SIFMA | – Securities Industry and Financial Markets Association |
| SOFR | – Secured Overnight Financing Rate |
| USD | – U.S. Dollar |
| VRD | – Variable Rate Demand |
| Wts. | – Warrants |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on November 30, 2022.

<sup>(b)</sup> Principal and/or interest payments are secured by the bond insurance company listed.

<sup>(c)</sup> Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

<sup>(d)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at November 30, 2022 was $225,690,430, which represented 9.60% of the Fund's Net Assets. 

<sup>(e)</sup> Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

<sup>(f)</sup> Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

<sup>(g)</sup> Security subject to the alternative minimum tax.

<sup>(h)</sup> Zero coupon bond issued at a discount.

<sup>(i)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2022.

<sup>(j)</sup> Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at November 30, 2022 was $578,070, which represented less than 1% of the Fund's Net Assets. 

<sup>(k)</sup> Restricted security. The aggregate value of these securities at November 30, 2022 was $6,831,011, which represented less than 1% of the Fund's Net Assets. 

<sup>(l)</sup> Security valued using significant unobservable inputs (Level 3). See Note 1.

<sup>(m)</sup> Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer's obligation but may be called upon to satisfy issuer's obligations. No concentration of any single entity was greater than 5% each. 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Short Term Municipal Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings** 

*November 30, 2022* 

*(Unaudited)* 

**NOTE 1–Additional Valuation Information** 

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

---

| | |
|:---|:---|
| Level 1 – | Prices are determined using quoted prices in an active market for identical assets. |
| Level 2 – | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. |
| Level 3 – | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |

---

The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Investments in Securities** |  |  |  |  |
|  Municipal Obligations | $– | $2274706422 | $– | $2274706422 |
|  Closed-End Funds |  | 34870000 |  | 34870000 |
|  U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp;– | 50187 | 205000 | 255187 |
|  **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp;– | 2309626609 | 205000 | 2309831609 |
|  **Other Investments - Assets** |  |  |  |  |
|  Investments Matured | &nbsp;&nbsp;&nbsp;&nbsp;– | 285000 |  | 285000 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments** | $– | $2309911609 | $205000 | $2310116609 |

---

**Invesco Short Term Municipal Fund**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

- **b. Investment Company Act file number:** 811-09913

- **c. CIK number of Registrant:** 0001112996

- **d. LEI of Registrant:** LZYC3CZ7P12IRF1LLV60

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Short Term Municipal Fund

- **b. EDGAR series identifier (if any):** S000064614

- **c. LEI of Series:** 549300ETHGNJGGEEV863

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2373727508.51

**Total Liabilities:** $21502576.75

**Net Assets:** $2352224931.76

**Delayed Delivery Securities:** $5351750.00

**Cash Not Reported:** $19137469.31

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -14564.50714947 | **1-Year:** -75134.65096014 | **5-Year:** -97643.67280077 | **10-Year:** -106823.82217032 | **30-Year:** -82241.37100638

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

- **3-Month:** -1066.50740787 | **1-Year:** -5524.28724955 | **5-Year:** -12133.22531416 | **10-Year:** -2165.23886794 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209156 | -0.42%               | 0.12%                | 0.70%                |
| Class ID C000209154 | -0.40%               | 0.14%                | 0.72%                |
| Class ID C000209155 | -0.39%               | -0.12%               | 1.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1112665.83             | $-13457877.46                              |
| Month 2  | $-6607512.72             | $4334510.58                                |
| Month 3  | $-2446030.60             | $15315201.11                               |

**Designated Index Information**

- **Index Name:** Bloomberg Barclays Municipal 1 Yr (1-2) Index

- **Index Identifier:** 100% BB-Muni 1Y

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ohio (State of) Higher Educational Facility Commission                                                                                               | Ohio (State of) Higher Educational Facility Commission, Series 2006, RB                                                                               | CUSIP: 67756AXJ6<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2529284.67   | 0.11%             | 2023-12-01      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development                                                                                      | Philadelphia (City of), PA Authority for Industrial Development, Series 2013 A-1, RB                                                                  | CUSIP: 71781XAC7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    145000 | PA      | $147104.78    | 0.01%             | 2023-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Springfield Public Building Corp.                                                                                                                    | Springfield Public Building Corp., Series 2000 A, RB                                                                                                  | CUSIP: 851010FY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $160205.20    | 0.01%             | 2025-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Irvine Ranch Water District                                                                                                                          | Irvine Ranch Water District, Series 2009, RB                                                                                                          | CUSIP: 4636324K2<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |   6260000 | PA      | $6260000.00   | 0.27%             | 2041-10-01      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System                                                                                                                             | JEA Water & Sewer System, Series 2008 A-2, VRD RB                                                                                                     | CUSIP: 46613PVX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10500000.00  | 0.45%             | 2038-10-01      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| Coatesville Area School District Building Authority                                                                                                  | Coatesville Area School District Building Authority, Series 2018, RB                                                                                  | CUSIP: 190693AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.02%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2012 D, Ref. RB                                                                                         | CUSIP: 59259YQK8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    365000 | PA      | $365379.64    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                                                                                    | Regional Transportation Authority, Series 1997, Ref. RB                                                                                               | CUSIP: 759911MH0<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |    495000 | PA      | $503176.46    | 0.02%             | 2023-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Downers Grove Community High School)                                                                          | Illinois (State of) Finance Authority (Downers Grove Community High School), Series 2019, RB                                                          | CUSIP: 45204E2P2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    525000 | PA      | $525300.04    | 0.02%             | 2022-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area)                                                                   | Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area), Series 2016, RB                                                   | CUSIP: 779719AC7<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |     65000 | PA      | $64176.83     | 0.00%             | 2024-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of), GA Urban Residential Finance Authority (Hollywood Shawnee Apartments)                                                             | Atlanta (City of), GA Urban Residential Finance Authority (Hollywood Shawnee Apartments), Series 2021 B, RB                                           | CUSIP: 04785VBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2596512.36   | 0.11%             | 2025-01-01      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| Cheshire (Town of), MA                                                                                                                               | Cheshire (Town of), MA, Series 2009, GO Bonds                                                                                                         | CUSIP: 165411AY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25056.26     | 0.00%             | 2024-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Guadalupe (County of) & Seguin (City of), TX Hospital Board of Managers                                                                              | Guadalupe (County of) & Seguin (City of), TX Hospital Board of Managers, Series 2015, Ref. RB                                                         | CUSIP: 09659MAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1896927.12   | 0.08%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                                                           | Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, Series 2013, RB                                                           | CUSIP: 5447126A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $735775.68    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gary (City of), IN & Chicago (City of), IL International Airport Authority (Gary/Chicago International Airport)                                      | Gary (City of), IN & Chicago (City of), IL International Airport Authority (Gary/Chicago International Airport), Series 2014, RB                      | CUSIP: 367066AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $560604.18    | 0.02%             | 2025-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                  | Illinois (State of), Series 2020 A, GO Bonds                                                                                                          | CUSIP: 4521525F4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $3053046.58   | 0.13%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                                | Houston (City of), TX, Series 2018 C, Ref. VRD RB                                                                                                     | CUSIP: 44244CN94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16670000 | PA      | $16670000.00  | 0.71%             | 2034-05-15      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                     | Pennsylvania Turnpike Commission, Series 2020, RB                                                                                                     | CUSIP: 7092248P7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $9900000.00   | 0.42%             | 2039-12-01      | Variable      | 1.86%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                        | State of Ohio, Series 2014, GO Bonds                                                                                                                  | CUSIP: 677522AP9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502973.75    | 0.02%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                        | Main Street Natural Gas, Inc., Series 2018 A, RB                                                                                                      | CUSIP: 56035DAK8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  21595000 | PA      | $21676827.77  | 0.92%             | 2048-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                                                                                    | Michigan State Building Authority, Series 2013, RB                                                                                                    | CUSIP: 594615AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254936.60    | 0.01%             | 2024-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (State of) Public Energy Authority                                                                                                          | Kentucky (State of) Public Energy Authority, Series 2019 A-1, VRD RB                                                                                  | CUSIP: 74440DCC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4970628.50   | 0.21%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                                                                                              | Los Angeles Department of Water & Power, Series 2013, RB                                                                                              | CUSIP: 544495A87<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    110000 | PA      | $111539.00    | 0.00%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Turnpike Authority                                                                                                             | New Jersey (State of) Turnpike Authority, Series 2014 A, RB                                                                                           | CUSIP: 6461394W2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   8650000 | PA      | $8944112.98   | 0.38%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento (County of), CA                                                                                                                           | Sacramento (County of), CA, Series 2003 B, RB                                                                                                         | CUSIP: 786091AD0<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |    336951 | PA      | $338055.52    | 0.01%             | 2023-08-15      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Sun Devil Energy Center LLC                                                                                                                          | Sun Devil Energy Center LLC, Series 2008, RB                                                                                                          | CUSIP: 866690AT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101410.71    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Advocate Aurora)                                                                     | Wisconsin (State of) Health & Educational Facilities Authority (Advocate Aurora), Series 2018 C3, Ref. RB                                             | CUSIP: 97712DP26<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3741602.63   | 0.16%             | 2054-08-15      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                                                                                     | State of Georgia, Series 2017, GO Bonds                                                                                                               | CUSIP: 373385AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5020000 | PA      | $5490197.30   | 0.23%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile (City of), AL Downtown Redevelopment Authority (Austal USA, LLC)                                                                              | Mobile (City of), AL Downtown Redevelopment Authority (Austal USA, LLC), Series 2011 A, VRD RB                                                        | CUSIP: 60715RAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15940000 | PA      | $15940000.00  | 0.68%             | 2041-05-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                                                                                        | New Jersey Turnpike Authority, Series 2015, RB                                                                                                        | CUSIP: 6461395T8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5635000 | PA      | $5871060.86   | 0.25%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA (Multiple Capital Imporovement)                                                                                 | San Francisco (City & County of), CA (Multiple Capital Imporovement), Series 2012 A, COP                                                              | CUSIP: 79765DA59<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250431.88    | 0.01%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Will County Community Unit School District No. 365                                                                                                   | Will County Community Unit School District No. 365, Series 2003, GO Bonds                                                                             | CUSIP: 969078RV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19955000 | PA      | $19464703.65  | 0.83%             | 2023-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mueller Local Government Corp.                                                                                                                       | Mueller Local Government Corp., Series 2009, RB                                                                                                       | CUSIP: 624757BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30043.63     | 0.00%             | 2029-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZL1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5245000 | PA      | $5255742.28   | 0.22%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                                                                      | New York City Municipal Water Finance Authority, Series 2016, RB                                                                                      | CUSIP: 64972GMJ0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14500000.00  | 0.62%             | 2049-06-15      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| Collinsville (City of), IL Area Recreation District                                                                                                  | Collinsville (City of), IL Area Recreation District, Series 2004, GO Bonds                                                                            | CUSIP: 195063CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.01%             | 2022-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                  | State of Washington, Series 2013, GO Bonds                                                                                                            | CUSIP: 93974C5K2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250985.15    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calhoun (County of), TX Navigation Industrial Development Authority                                                                                  | Calhoun (County of), TX Navigation Industrial Development Authority, Series 2021, RN                                                                  | CUSIP: 129729AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3597464.80   | 0.15%             | 2026-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Worcester (City of), MA                                                                                                                              | Worcester (City of), MA, Series 2005 C, GO Bonds                                                                                                      | CUSIP: 981305Q73<br>LEI: 5493006DO0NOILRNNH68 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15019.42     | 0.00%             | 2023-09-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                               | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 UU, Ref. RB                                                                       | CUSIP: 74526QLU4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503345.95    | 0.02%             | 2024-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Subseries 2015 E-1, VRD RB                                                                                     | CUSIP: 59261AM53<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3880000 | PA      | $3880000.00   | 0.16%             | 2050-11-15      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                   | Tennessee Energy Acquisition Corp., Series 2017 A, RB                                                                                                 | CUSIP: 880443HZ2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  10965000 | PA      | $10981613.07  | 0.47%             | 2048-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Columbus City School District                                                                                                                        | Columbus City School District, Series 2016, GO Bonds                                                                                                  | CUSIP: 1995073W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3489630.81   | 0.15%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Eden Prairie MN                                                                                                                              | City of Eden Prairie MN, Series 2016, RB                                                                                                              | CUSIP: 279540MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1965000.00   | 0.08%             | 2031-02-01      | Variable      | 2.03%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                        | State of Ohio, Series 2017, GO Bonds                                                                                                                  | CUSIP: 677522SC9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3428005.48   | 0.15%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                       | Lower Colorado River Authority, Series 2013, RB                                                                                                       | CUSIP: 54811BNM9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    785000 | PA      | $792705.48    | 0.03%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah (County of), OR Hospital Facilities Authority (Green Bonds)                                                                                | Multnomah (County of), OR Hospital Facilities Authority (Green Bonds), Series 2021 B, Ref. RB                                                         | CUSIP: 62551PDC8<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $978633.44    | 0.04%             | 2028-06-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                                                                            | Indiana Finance Authority, Series 2022, RB                                                                                                            | CUSIP: 455054BJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10017483.00  | 0.43%             | 2046-12-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                                                                                            | Maryland Health & Higher Educational Facilities Authority, Series 2017, RB                                                                            | CUSIP: 5742182Y8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3161900.10   | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp. (Chevron U.S.A., Inc.)                                                                                            | Mississippi Business Finance Corp. (Chevron U.S.A., Inc.), Series 2007 E, VRD IDR                                                                     | CUSIP: 60528AAW4<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |  17760000 | PA      | $17760000.00  | 0.76%             | 2030-12-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                                                                                       | State of Texas, Series 2015, GO Bonds                                                                                                                 | CUSIP: 882723ZM4<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10633825.00  | 0.45%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collinsville (City of), IL Area Recreation District                                                                                                  | Collinsville (City of), IL Area Recreation District, Series 2007, Ref. GO Bonds                                                                       | CUSIP: 195063DF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $64212.27     | 0.00%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                                                                                | New Jersey Health Care Facilities Financing Authority, Series 2016, RB                                                                                | CUSIP: 645790BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5352160.83   | 0.23%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                                                                                 | Tennessee Housing Development Agency, Series 2022, RB                                                                                                 | CUSIP: 88046KCG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3987539.63   | 0.17%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Collinsville (City of), IL Area Recreation District                                                                                                  | Collinsville (City of), IL Area Recreation District, Series 2004, GO Bonds                                                                            | CUSIP: 195063CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450681.80    | 0.02%             | 2026-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2015 B, Ref. RB                                                                                                 | CUSIP: 66285WPQ3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |  39650000 | PA      | $39731861.39  | 1.69%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Mexico Severance Tax Permanent Fund                                                                                                     | State of New Mexico Severance Tax Permanent Fund, Series 2021, RB                                                                                     | CUSIP: 6473103M1<br>LEI: 549300H4YLM23QKOGK29 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1166557.36   | 0.05%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2013, RB                                                                                                 | CUSIP: 89602NS70<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    550000 | PA      | $555174.79    | 0.02%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Series 2017 CC-2, Ref. RB                                                                                                     | CUSIP: 64972GPV0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    670000 | PA      | $670597.24    | 0.03%             | 2024-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Municipal Property Corp.                                                                                                                    | Glendale Municipal Property Corp., Series 2012, RB                                                                                                    | CUSIP: 378294EG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001900.10   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                                                                       | Tender Option Bond Trust Receipts/Certificates, Series 2018-XL0093, VRD Ctfs.                                                                         | CUSIP: 88034NZP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  31700000 | PA      | $31700000.00  | 1.35%             | 2048-01-01      | Variable      | 2.04%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                      | Calplant I, LLC, Series 21B                                                                                                                           | CUSIP: 13136CAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $90000.00     | 0.00%             | 2022-12-12      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Pittsburgh (City of), PA Water & Sewer Authority                                                                                                     | Pittsburgh (City of), PA Water & Sewer Authority, Series 2017 C, Ref. RB                                                                              | CUSIP: 725304UC1<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |  17500000 | PA      | $17482612.00  | 0.74%             | 2040-09-01      | Floating      | 2.55%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)                                      | Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District), Series 2016 A, Ref. RB               | CUSIP: 48503VAG7<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    220000 | PA      | $212172.95    | 0.01%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                                                                                               | St Paul Port Authority, Series 2004, RB                                                                                                               | CUSIP: 79306PAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.06%             | 2034-02-01      | Variable      | 2.02%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village)                                                                                        | California (State of) Public Finance Authority (Enso Village), Series 2021 B-3, RB                                                                    | CUSIP: 13057GAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5578440.00   | 0.24%             | 2027-11-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| City of Pasadena CA Electric Revenue                                                                                                                 | City of Pasadena CA Electric Revenue, Series 2013, RB                                                                                                 | CUSIP: 702248PF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $323763.04    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                 | Chicago (City of), IL (O'Hare International Airport), Series 2013 B, Ref. RB                                                                          | CUSIP: 167593ND0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002023.50   | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL Waste Water System Revenue                                                                                                        | City of Orlando FL Waste Water System Revenue, Series 2013, RB                                                                                        | CUSIP: 686516KJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $765348.00    | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp. (Sustainability Bonds)                                                                                       | New York City Housing Development Corp. (Sustainability Bonds), Series 2020 I-2, RB                                                                   | CUSIP: 64972ETW9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4661132.00   | 0.20%             | 2060-11-01      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                                                                                              | South Carolina Public Service Authority, Series 2016, RB                                                                                              | CUSIP: 837151PK9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1977210.05   | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Works Board (California Community Colleges)                                                                             | California (State of) Public Works Board (California Community Colleges), Series 2005 E, RB                                                           | CUSIP: 130684XV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170244.05    | 0.01%             | 2026-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Rural Water Finance Corp.                                                                                                                   | Kentucky Rural Water Finance Corp., Series 2008, Ref. RB                                                                                              | CUSIP: 49140MSZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5005.55      | 0.00%             | 2023-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZF4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    420000 | PA      | $422338.77    | 0.02%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Expressway Authority                                                                                                      | Miami-Dade (County of), FL Expressway Authority, Series 2010 A, RB                                                                                    | CUSIP: 59334KFW3<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000615.00  | 0.43%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2017, RB                                                                                                        | CUSIP: 66285WL87<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    950000 | PA      | $951883.19    | 0.04%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                                                                                           | Michigan Finance Authority, Series 2014, RB                                                                                                           | CUSIP: 59447PC90<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1521160.65   | 0.06%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mayfield Heights OH                                                                                                                          | City of Mayfield Heights OH, Series 2022, GO Notes                                                                                                    | CUSIP: 578167GZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996331.80   | 0.08%             | 2023-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                                                                                                   | State of Minnesota, Series 2014, RB                                                                                                                   | CUSIP: 604146CC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2523452.25   | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund                                                                                                        | Nuveen AMT-Free Quality Municipal Income Fund                                                                                                         | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |  34870000 | PA      | $34870000.00  | 1.48%             | 2029-03-01      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| Gretna Public Schools                                                                                                                                | Gretna Public Schools, Series 2022, GO Bonds                                                                                                          | CUSIP: 803770XB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065260.10   | 0.05%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico (State of) Hospital Equipment Loan Council (La Vida Expansion)                                                                            | New Mexico (State of) Hospital Equipment Loan Council (La Vida Expansion), Series 2019 C, RB                                                          | CUSIP: 647377AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1534038.57   | 0.07%             | 2023-07-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Riverdale (Village of), IL                                                                                                                           | Riverdale (Village of), IL, Series 2003 E, Ref. GO Bonds                                                                                              | CUSIP: 768670JM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25015.63     | 0.00%             | 2023-01-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Polk (County of), FL                                                                                                                                 | Polk (County of), FL, Series 2012, Ref. RB                                                                                                            | CUSIP: 731167EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165308.09    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Development Bank                                                                                                              | Mississippi (State of) Development Bank, Series 2013 B, RB                                                                                            | CUSIP: 60534T2Z7<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    270000 | PA      | $275188.73    | 0.01%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Springs (Village of), IL                                                                                                                     | Western Springs (Village of), IL, Series 2017, GO Bonds                                                                                               | CUSIP: 959554ME3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110000.00    | 0.00%             | 2022-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                                                                                         | Los Angeles Department of Water & Power Water System Revenue, Series 2013, RB                                                                         | CUSIP: 544525SG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10142233.00  | 0.43%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago State University                                                                                                                             | Chicago State University, Series 1998, RB                                                                                                             | CUSIP: 167692DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $469392.02    | 0.02%             | 2023-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                                                                                              | Los Angeles Department of Water & Power, Series 2013, RB                                                                                              | CUSIP: 544495A79<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   8890000 | PA      | $9017479.04   | 0.38%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2017 B, Ref. RB                                                                           | CUSIP: 59261ANE3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3601629.50   | 0.15%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RB                                                                     | CUSIP: 6461363J8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5277889.50   | 0.22%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                                                                                               | Lewisville Independent School District, Series 2018, GO Bonds                                                                                         | CUSIP: 52882PCN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101675.35    | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                                                                                     | Energy Northwest, Series 2014, RB                                                                                                                     | CUSIP: 29270CZM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2069365.20   | 0.09%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                   | Tennessee Energy Acquisition Corp., Series 2018, RB                                                                                                   | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  10130000 | PA      | $10085550.57  | 0.43%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                                                                                          | Louisville and Jefferson County Metropolitan Sewer District, Series 2013, RB                                                                          | CUSIP: 546589SN3<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |    120000 | PA      | $121335.60    | 0.01%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2012 A, Ref. RB                                                                                         | CUSIP: 59259NR47<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    700000 | PA      | $700861.00    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                      | Calplant I, LLC, Series 21A                                                                                                                           | CUSIP: 13136CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $25000.00     | 0.00%             | 2022-12-12      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| University of Utah (The)                                                                                                                             | University of Utah (The), Series 2017, RB                                                                                                             | CUSIP: 915183ZH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2057467.50   | 0.09%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Transit Authority                                                                                                              | Chicago (City of), IL Transit Authority, Series 2021, Ref. RB                                                                                         | CUSIP: 167723HA6<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1333820.00   | 0.06%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                                                                                     | Alamo Community College District, Series 2007, GO Bonds                                                                                               | CUSIP: 011415KX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $590691.95    | 0.03%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc.)                                                                                  | New York Transportation Development Corp. (American Airlines, Inc.), Series 2016, Ref. RB                                                             | CUSIP: 650116BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11500777.40  | 0.49%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Atlantic University Housing System Revenue                                                                                                   | Florida Atlantic University Housing System Revenue, Series 2017, RB                                                                                   | CUSIP: 341568BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059673.60   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (County of), CA Metropolitan Transportation Authority (Prop C)                                                                           | Los Angeles (County of), CA Metropolitan Transportation Authority (Prop C), Series 2014 A, Ref. RB                                                    | CUSIP: 5447126Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507547.95    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                             | Chicago (City of), IL Board of Education, Series 2005 A, Ref. GO Bonds                                                                                | CUSIP: 1675012P9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204663.40    | 0.01%             | 2023-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Guadalupe (County of) & Seguin (City of), TX Hospital Board of Managers                                                                              | Guadalupe (County of) & Seguin (City of), TX Hospital Board of Managers, Series 2015, Ref. RB                                                         | CUSIP: 09659MAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1212117.60   | 0.05%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                                                                                         | Commonwealth of Pennsylvania, Series 2013, GO Bonds                                                                                                   | CUSIP: 70914PUV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102024.67    | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of)                                                                                                                                | New Jersey (State of), Series 2020 A, GO Bonds                                                                                                        | CUSIP: 646039YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14015000 | PA      | $15065068.27  | 0.64%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waltham (City of), MA                                                                                                                                | Waltham (City of), MA, Series 2008, GO Bonds                                                                                                          | CUSIP: 933254ZX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15018.12     | 0.00%             | 2027-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Mizuho Floater/Residual Trust                                                                                                                        | Mizuho Floater/Residual Trust, Series 2020-MIZ9027, VRD Ctfs.                                                                                         | CUSIP: 60700HDQ9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |  25265000 | PA      | $25265000.00  | 1.07%             | 2034-01-01      | Variable      | 2.15%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                                                                                     | Alamo Community College District, Series 2012 A, Ref. RB                                                                                              | CUSIP: 011420KE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $776511.79    | 0.03%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                               | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2008 WW, RB                                                                            | CUSIP: 74526QVL3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503345.90    | 0.02%             | 2033-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                       | Lower Colorado River Authority, Series 2013, RB                                                                                                       | CUSIP: 54811GLQ1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101060.93    | 0.00%             | 2024-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Industrial Development Agency (Liberty 123 Wash)                                                                              | New York (City of), NY Industrial Development Agency (Liberty 123 Wash), Series 2007, VRD RB                                                          | CUSIP: 64971PJR7<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |  41180000 | PA      | $41180000.00  | 1.75%             | 2042-10-01      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| Atlantic City (City of), NJ                                                                                                                          | Atlantic City (City of), NJ, Series 2017 A, Ref. GO Bonds                                                                                             | CUSIP: 048339VG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270037.83    | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris & Montgomery (Counties of), TX Municipal Utility District No. 386                                                                             | Harris & Montgomery (Counties of), TX Municipal Utility District No. 386, Series 2014, GO Bonds                                                       | CUSIP: 41456PEN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $620517.58    | 0.03%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV Department of Aviation                                                                                                         | Clark (County of), NV Department of Aviation, Series 2008 D-2B, Ref. VRD RB                                                                           | CUSIP: 18085PNC4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |  18350000 | PA      | $18350000.00  | 0.78%             | 2040-07-01      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| New York & New Jersey (States of) Port Authority                                                                                                     | New York & New Jersey (States of) Port Authority, One Hundred Seventy Fifth Series 2012, RB                                                           | CUSIP: 73358WJN5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    470000 | PA      | $470422.53    | 0.02%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District                                                                                                                    | Wilkes-Barre Area School District, Series 2016 B, GO Bonds                                                                                            | CUSIP: 968261MJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1046429.39   | 0.04%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport)                                                                               | Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport), Series 2012 A, RB                                                             | CUSIP: 944514NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2139467.06   | 0.09%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District                                                                                                                         | Imperial Irrigation District, Series 2012 A, Ref. RB                                                                                                  | CUSIP: 452650ES9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225449.73    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Aspirus, Inc. Obligated Group)                                                       | Wisconsin (State of) Health & Educational Facilities Authority (Aspirus, Inc. Obligated Group), Series 2013, RB                                       | CUSIP: 97710B7T3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    800000 | PA      | $808865.76    | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                                                                                            | Wisconsin Center District, Series 1999, Ref. RB                                                                                                       | CUSIP: 976595FB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210667.88    | 0.01%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nevada (State of)                                                                                                                                    | Nevada (State of), Series 2012 C, Ref. GO Bonds                                                                                                       | CUSIP: 641461VJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $460895.80    | 0.02%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Turnpike Authority                                                                                                             | New Jersey (State of) Turnpike Authority, Series 2015 E, RB                                                                                           | CUSIP: 6461395V3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   3785000 | PA      | $3932287.98   | 0.17%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                                                                                             | City of Denton TX Utility System Revenue, Series 2017, RB                                                                                             | CUSIP: 249015C48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1420223.11   | 0.06%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howell Mountain Elementary School District (Election of 2005)                                                                                        | Howell Mountain Elementary School District (Election of 2005), Series 2007, GO Bonds                                                                  | CUSIP: 44315MBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $727754.39    | 0.03%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                                                                                    | Florida Development Finance Corp., Series 2021, VRD RB                                                                                                | CUSIP: 340618DE4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3983668.80   | 0.17%             | 2056-12-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| New York & New Jersey (States of) Port Authority                                                                                                     | New York & New Jersey (States of) Port Authority, One Hundred Seventy Fifth Series 2012, RB                                                           | CUSIP: 73358WJM7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    480000 | PA      | $480983.09    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rib Floater Trust Various States                                                                                                                     | Rib Floater Trust Various States, Series 2022, RB                                                                                                     | CUSIP: 76252PRX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15500000 | PA      | $15500000.00  | 0.66%             | 2046-02-01      | Variable      | 2.05%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Electric Revenue                                                                           | Metropolitan Government of Nashville & Davidson County TN Electric Revenue, Series 2013, RB                                                           | CUSIP: 592030ZN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131341.08    | 0.01%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (County of), GA Hospital Authority (Houston Hospitals, Inc.)                                                                                 | Houston (County of), GA Hospital Authority (Houston Hospitals, Inc.), Series 2016 A, Ref. RB                                                          | CUSIP: 442042DL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1553280.55   | 0.07%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward (County of), FL                                                                                                                              | Broward (County of), FL, Series 2012 Q-1, RB                                                                                                          | CUSIP: 114894QV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1866411.91   | 0.08%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reedy Creek Improvement District                                                                                                                     | Reedy Creek Improvement District, Series 2017, GO Bonds                                                                                               | CUSIP: 758449RB0<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1618020.96   | 0.07%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority                                                                                                                        | Delaware River Port Authority, Series 2012, RB                                                                                                        | CUSIP: 246348FL5<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400792.92    | 0.02%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems)                                                                       | Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems), Series 2007 C, Ref. VRD RB                                            | CUSIP: 160853MS3<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.21%             | 2037-01-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                        | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                               | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2017400 | PA      | $2026240.65   | 0.09%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Orange County Funding Corp. (Mount St. Mary College)                                                                                                 | Orange County Funding Corp. (Mount St. Mary College), Series 2012 B, RB                                                                               | CUSIP: 684594BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $695222.89    | 0.03%             | 2024-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group)                                                      | Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group), Series 2018 A, Ref. RB                               | CUSIP: 396649EH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017574.40   | 0.09%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Transportation Commission State Highway Fund                                                                                        | Texas (State of) Transportation Commission State Highway Fund, Series 2014 B, VRD RB                                                                  | CUSIP: 88283LKY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  40000000 | PA      | $40000000.00  | 1.70%             | 2032-04-01      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| North Reading (Town of), MA                                                                                                                          | North Reading (Town of), MA, Series 2005, GO Bonds                                                                                                    | CUSIP: 661802RX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10013.51     | 0.00%             | 2023-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                     | Pennsylvania Turnpike Commission, Series 2016, RB                                                                                                     | CUSIP: 709224RE1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9990000 | PA      | $10585999.40  | 0.45%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                                                                                                 | North Texas Municipal Water District, Series 2016, RB                                                                                                 | CUSIP: 662835VT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1129397.54   | 0.05%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                                                                                   | New York State Dormitory Authority, Series 2016, RB                                                                                                   | CUSIP: 64990CDU2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1510414.42   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                  | Illinois (State of), Series 2018 A, GO Bonds                                                                                                          | CUSIP: 452152W56<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2100160.87   | 0.09%             | 2024-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                                                                                           | Duluth Independent School District No. 709, Series 2016 A, Ref. COP                                                                                   | CUSIP: 264474GW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2424234.96   | 0.10%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                                                                                   | New York State Dormitory Authority, Series 2015, RB                                                                                                   | CUSIP: 64990EYN1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2612065.50   | 0.11%             | 2033-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority                                                                                                        | Wisconsin (State of) Public Finance Authority, Series 2016 A, RB                                                                                      | CUSIP: 74441XDJ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97588.60     | 0.00%             | 2024-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                 | District of Columbia, Series 2013 A, GO Bonds                                                                                                         | CUSIP: 25476FMH8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253076.55    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                                                                                                  | Allegheny County Sanitary Authority, Series 2013, RB                                                                                                  | CUSIP: 017357YZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $148364.61    | 0.01%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University Park (Village of), IL                                                                                                                     | University Park (Village of), IL, Series 2003, GO Bonds                                                                                               | CUSIP: 914785DV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30055.92     | 0.00%             | 2023-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Minneapolis & St. Paul (Cities of), MN Housing & Redevelopment Authority (Allina Health System)                                                      | Minneapolis & St. Paul (Cities of), MN Housing & Redevelopment Authority (Allina Health System), Series 2019, Ref. RB                                 | CUSIP: 603695JG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1633999.68   | 0.07%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Series 2012 I, GO Bonds                                                                                                       | CUSIP: 64966JL38<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1427763.22   | 0.06%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                               | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB                                                                            | CUSIP: 74526QDG4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1510725.17   | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Harris County Industrial Development Corp. (Exxon Mobil Corp.)                                                                                       | Harris County Industrial Development Corp. (Exxon Mobil Corp.), Series 1984, VRD RB                                                                   | CUSIP: 414190AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12000000.00  | 0.51%             | 2024-03-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma (The)                                                                                                                         | University of Oklahoma (The), Series 2014 C, Ref. RB                                                                                                  | CUSIP: 91476PKR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250261.43    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                                                                                | Illinois State Toll Highway Authority, Series 2013, RB                                                                                                | CUSIP: 452252HB8<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  11035000 | PA      | $11053038.91  | 0.47%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                                                                                         | District of Columbia Water & Sewer Authority, Series 1998, RB                                                                                         | CUSIP: 254845AL4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1086018.23   | 0.05%             | 2023-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                | Chicago (City of), IL, Series 2008, Ref. RB                                                                                                           | CUSIP: 167736S40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3905000 | PA      | $3940851.41   | 0.17%             | 2033-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                            | CUSIP: 92242SAQ6<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 0.01%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp.                                                                                                               | New York State Urban Development Corp., Series 2013, RB                                                                                               | CUSIP: 650035YX0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6042903.60   | 0.26%             | 2025-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                            | CUSIP: 92242SAD5<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    130000 | PA      | $135321.20    | 0.01%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                                                 | New Hope Cultural Education Facilities Finance Corp., Series 2016 A, RB                                                                               | CUSIP: 64542RED9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387909.71    | 0.02%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Turnpike Authority                                                                                                             | New Jersey (State of) Turnpike Authority, Series 2014 A, RB                                                                                           | CUSIP: 6461395C5<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  15350000 | PA      | $15831927.07  | 0.67%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St. Louis Park MN                                                                                                                            | City of St. Louis Park MN, Series 2015, RB                                                                                                            | CUSIP: 79177DEZ1<br>LEI: 549300F6X6Q4H3ALF786 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1375000.00   | 0.06%             | 2045-11-01      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                                                                                              | Port Authority of New York & New Jersey, Series 2012, RB                                                                                              | CUSIP: 73358WJL9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003825.00   | 0.09%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                                             | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 2017, RB                                             | CUSIP: 01728RMR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $453054.37    | 0.02%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue                                                                                | State of Florida Department of Transportation Turnpike System Revenue, Series 2013, RB                                                                | CUSIP: 3431362T3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106482.34    | 0.00%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                      | Calplant I, LLC, Series 22C                                                                                                                           | CUSIP: 13136CAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35000.00     | 0.00%             | 2022-12-30      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Clark (County of), NV Department of Aviation                                                                                                         | Clark (County of), NV Department of Aviation, Series 2014 A-2, Ref. RB                                                                                | CUSIP: 18085PQH0<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030535.30   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                                                                                          | Miami-Dade County Housing Finance Authority, Series 2012, RB                                                                                          | CUSIP: 593347AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8541372.05   | 0.36%             | 2028-01-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Sarasota (County of), FL Public Hospital District (Sarasota Memorial Hospital)                                                                       | Sarasota (County of), FL Public Hospital District (Sarasota Memorial Hospital), Series 1998 B, Ref. RB                                                | CUSIP: 803300CN0<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256238.30    | 0.01%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                                                                                            | Wisconsin Center District, Series 2022, RB                                                                                                            | CUSIP: 976595JD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2251465.43   | 0.10%             | 2022-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Municipal Power Authority                                                                                                        | Oklahoma (State of) Municipal Power Authority, Series 1992 B, RB                                                                                      | CUSIP: 67910HFB1<br>LEI: 54930074Q1M8747DCS20 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155014.13    | 0.01%             | 2024-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Dayton (City of), OH (James M. Cox)                                                                                                                  | Dayton (City of), OH (James M. Cox), Series 2014 A, Ref. RB                                                                                           | CUSIP: 239835HE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1336383.06   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                                                                                                 | Public Authority for Colorado Energy, Series 2008, RB                                                                                                 | CUSIP: 744387AB7<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |    440000 | PA      | $450121.89    | 0.02%             | 2023-11-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Multnomah (County of), OR Hospital Facilities Authority (Green Bonds)                                                                                | Multnomah (County of), OR Hospital Facilities Authority (Green Bonds), Series 2021 B2, Ref. RB                                                        | CUSIP: 62551PDD6<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $2588305.05   | 0.11%             | 2027-06-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority (IPS Cincinnati LLC)                                                                                | Port of Greater Cincinnati Development Authority (IPS Cincinnati LLC), Series 2021, RB                                                                | CUSIP: 73421LAA9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1380907.20   | 0.06%             | 2056-06-15      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp. (CNX Marine Terminal, Inc. - Port of Baltimore Facility)                                                         | Maryland Economic Development Corp. (CNX Marine Terminal, Inc. - Port of Baltimore Facility), Series 2010, Ref. RB                                    | CUSIP: 57421HAA1<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   7030000 | PA      | $7031354.68   | 0.30%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of), GA                                                                                                                                | Atlanta (City of), GA, Series 2019 F, Ref. RB                                                                                                         | CUSIP: 04780TDT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3042495.60   | 0.13%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King (County of), WA                                                                                                                                 | King (County of), WA, Series 2019 A, Ref. VRD GO Bonds                                                                                                | CUSIP: 49474FUP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.04%             | 2046-01-01      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                                                                                                   | City of Seattle WA Municipal Light & Power Revenue, Series 2013, RB                                                                                   | CUSIP: 812643JQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253529.38    | 0.01%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Tobacco Settlement Authority                                                                                                   | Washington (State of) Tobacco Settlement Authority, Series 2018, Ref. RB                                                                              | CUSIP: 88880MBH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3787478.25   | 0.16%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System)                            | Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System), Series 2019 A, RB          | CUSIP: 54628DAD2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    175000 | PA      | $172507.13    | 0.01%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Temple (City of), TX                                                                                                                                 | Temple (City of), TX, Series 2012, Ref. GO Bonds                                                                                                      | CUSIP: 880064D23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225451.10    | 0.01%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Clean Water Fund - State Revolving Fund                                                                                         | State of Connecticut Clean Water Fund - State Revolving Fund, Series 2013, RB                                                                         | CUSIP: 20775YAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $452721.42    | 0.02%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Livingston NJ                                                                                                                            | Township of Livingston NJ, Series 2022, GO Notes                                                                                                      | CUSIP: 539141XR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5111747.00   | 0.22%             | 2023-12-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon (State of) Business Development Commission (Intel Corp.)                                                                                      | Oregon (State of) Business Development Commission (Intel Corp.), Series 2010 232, RB                                                                  | CUSIP: 68609AAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9575000 | PA      | $9503660.51   | 0.40%             | 2040-12-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| Georgia Municipal Association, Inc.                                                                                                                  | Georgia Municipal Association, Inc., Series 1998, COP                                                                                                 | CUSIP: 373292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25052.75     | 0.00%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stark (County of), OH                                                                                                                                | Stark (County of), OH, Series 2004, GO Bonds                                                                                                          | CUSIP: 855345WS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5006.74      | 0.00%             | 2024-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                       | Lower Colorado River Authority, Series 2013, RB                                                                                                       | CUSIP: 54811GMB3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   4025000 | PA      | $4072034.94   | 0.17%             | 2030-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southwestern Illinois Development Authority                                                                                                          | Southwestern Illinois Development Authority, Series 2013, RB                                                                                          | CUSIP: 84553AAB8<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |    295000 | PA      | $304819.58    | 0.01%             | 2023-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                                                                                      | Northern Municipal Power Agency, Series 2013, RB                                                                                                      | CUSIP: 665444JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $460817.33    | 0.02%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                             | Public Finance Authority, Series 2016, RB                                                                                                             | CUSIP: 74444YAQ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4531977.62   | 0.19%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ball State University                                                                                                                                | Ball State University, Series 2013, RB                                                                                                                | CUSIP: 058508EG3<br>LEI: 549300PJHK1SF4O5E481 | Long             | DBT              | MUN               | US        |    410000 | PA      | $414904.13    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                            | CUSIP: 92242SAF0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    140000 | PA      | $149968.94    | 0.01%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fulton GA Water & Sewerage Revenue                                                                                                         | County of Fulton GA Water & Sewerage Revenue, Series 2013, RB                                                                                         | CUSIP: 360066NL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1607940.84   | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2013, RB                                                                                                 | CUSIP: 89602NH49<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1061543.60   | 0.05%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of)                                                                                                                                | New Jersey (State of), Series 2020 A, GO Bonds                                                                                                        | CUSIP: 646039YL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2885000 | PA      | $3156825.28   | 0.13%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                                                                                   | New York State Dormitory Authority, Series 2016, RB                                                                                                   | CUSIP: 64990E4W4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3965000 | PA      | $4258775.18   | 0.18%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)                                            | New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2020, Ref. RB                       | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15460000 | PA      | $15829801.65  | 0.67%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                 | Chicago (City of), IL (O'Hare International Airport), Series 2012 B, Ref. RB                                                                          | CUSIP: 167593KS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9045000 | PA      | $9056772.07   | 0.39%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of)                                                                                                                               | Connecticut (State of), Series 2018 C, GO Bonds                                                                                                       | CUSIP: 20772KCE7<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10215538.00  | 0.43%             | 2024-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                        | State of Ohio, Series 2015, RB                                                                                                                        | CUSIP: 67756CCF3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2045-01-15      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                                                                       | Tender Option Bond Trust Receipts/Certificates, Series 2021, VRD RB                                                                                   | CUSIP: 88034YDF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1145000.00   | 0.05%             | 2051-10-15      | Variable      | 1.96%                 | No            |                  2 | On Loan: No      |
| Rockford (City of), IL (Waterworks System Alternative Revenue Source)                                                                                | Rockford (City of), IL (Waterworks System Alternative Revenue Source), Series 2010, GO Bonds                                                          | CUSIP: 77316QTU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $280248.33    | 0.01%             | 2025-12-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Industrial Development Board of the City of Mobile Alabama                                                                                           | Industrial Development Board of the City of Mobile Alabama, Series 2009, RB                                                                           | CUSIP: 607168AZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8600000.00   | 0.37%             | 2034-06-01      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Miami (City of) & Dade (County of), FL School Board                                                                                                  | Miami (City of) & Dade (County of), FL School Board, Series 2014 D, Ref. COP                                                                          | CUSIP: 59333MN43<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1923548.76   | 0.08%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union (County of), NJ Industrial Pollution Control Financing Authority (Exxon)                                                                       | Union (County of), NJ Industrial Pollution Control Financing Authority (Exxon), Series 1994, Ref. VRD RB                                              | CUSIP: 906353AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17135000 | PA      | $17135000.00  | 0.73%             | 2033-07-01      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                                                                                            | Wisconsin Center District, Series 1999, Ref. RB                                                                                                       | CUSIP: 976595FD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $237838.12    | 0.01%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| West Travis County Public Utility Agency                                                                                                             | West Travis County Public Utility Agency, Series 2017, RB                                                                                             | CUSIP: 95632CDK2<br>LEI: 549300O1CP7CFGPMMX97 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48900.75     | 0.00%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                                                                                      | City of Gainesville FL Utilities System Revenue, Series 2017, RB                                                                                      | CUSIP: 362848UD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1375054.87   | 0.06%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District)                                                           | Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District), Series 2013 A, RB                                         | CUSIP: 29509PJT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252391.05    | 0.01%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority (Port District)                                                                                                        | Delaware River Port Authority (Port District), Series 2012, Ref. RB                                                                                   | CUSIP: 246348FM3<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2219390.79   | 0.09%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                                                           | Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, Series 2013, RB                                                           | CUSIP: 5447125V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $142186.80    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Housing Finance Agency (Sustainability Bonds)                                                                                    | New York (State of) Housing Finance Agency (Sustainability Bonds), Series 2021 D-2, RB                                                                | CUSIP: 64987JKK6<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1974261.40   | 0.08%             | 2056-11-01      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills)                                                      | St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills), Series 2013 A, RB                                    | CUSIP: 791524BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $305597.62    | 0.01%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                             | Public Finance Authority, Series 2022, RB                                                                                                             | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1745638.32   | 0.07%             | 2046-10-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Health Obligated Group)                                                             | Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Health Obligated Group), Series 2013 B, Ref. RB                                      | CUSIP: 419800KQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100694.89    | 0.00%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                         | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                    | CUSIP: 79041LAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $109972.41    | 0.00%             | 2022-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                                | Illinois (State of) Finance Authority, Series 2019 A, Ref. RB                                                                                         | CUSIP: 45204E5X2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    440000 | PA      | $436108.11    | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                                                                                          | Connecticut State Health & Educational Facilities Authority, Series 2013, RB                                                                          | CUSIP: 20774YMV6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    225000 | PA      | $227600.17    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port St. Lucie (City of), FL                                                                                                                         | Port St. Lucie (City of), FL, Series 2005 A, RB                                                                                                       | CUSIP: 73535EGX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5007.71      | 0.00%             | 2023-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                                                                                             | City of Denton TX Utility System Revenue, Series 2017, RB                                                                                             | CUSIP: 249015C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3218009.10   | 0.14%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Western State University                                                                                                                    | Missouri Western State University, Series 2012, Ref. RB                                                                                               | CUSIP: 606432CR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49045.02     | 0.00%             | 2024-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 A, RB                                                                                               | CUSIP: 89602ND68<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250509.98    | 0.01%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Melrose Park (Village of), IL                                                                                                                        | Melrose Park (Village of), IL, Series 2011 A, Ref. GO Bonds                                                                                           | CUSIP: 585650MV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1701408.62   | 0.07%             | 2022-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Game & Fish Department & Commission                                                                                               | Arizona (State of) Game & Fish Department & Commission, Series 2006, RB                                                                               | CUSIP: 04051JAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105202.10    | 0.00%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                                                                                                   | Miami-Dade County Educational Facilities Authority, Series 2012, RB                                                                                   | CUSIP: 59333ALG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251814.45    | 0.01%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Floater/Residual Trust                                                                                                                        | Mizuho Floater/Residual Trust, Series 2020, VRD RB                                                                                                    | CUSIP: 60700HBG3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |  20897000 | PA      | $20897000.00  | 0.89%             | 2036-12-01      | Variable      | 2.15%                 | No            |                  2 | On Loan: No      |
| St Francis Independent School District No 15                                                                                                         | St Francis Independent School District No 15, Series 2018, GO Bonds                                                                                   | CUSIP: 789466SF7<br>LEI: 549300BB7QRM8G4EBA90 | Long             | DBT              | MUN               | US        |    380000 | PA      | $381598.74    | 0.02%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RiverSouth Authority                                                                                                                                 | RiverSouth Authority, Series 2007 A, RB                                                                                                               | CUSIP: 769318CC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $574950.21    | 0.02%             | 2027-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                                                                                             | Arlington Higher Education Finance Corp., Series 2021, RB                                                                                             | CUSIP: 0418063B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1053153.64   | 0.04%             | 2056-06-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                                                                                  | Wisconsin Health & Educational Facilities Authority, Series 2012, RB                                                                                  | CUSIP: 97710BW57<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3229007.71   | 0.14%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gainesville (City of), FL                                                                                                                            | Gainesville (City of), FL, Series 2012 B, Ref. VRD RB                                                                                                 | CUSIP: 362848RR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9005000 | PA      | $9005000.00   | 0.38%             | 2042-10-01      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                       | Lower Colorado River Authority, Series 2013, RB                                                                                                       | CUSIP: 54811BNR8<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2810000 | PA      | $2835930.40   | 0.12%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muskegon Heights (City of), MI                                                                                                                       | Muskegon Heights (City of), MI, Series 2006, Ref. RB                                                                                                  | CUSIP: 627763FE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185199.65    | 0.01%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                                | Illinois (State of) Finance Authority, Series 2013 A, RB                                                                                              | CUSIP: 45203HTA0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008327.00   | 0.04%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                                                                                           | Westchester County Local Development Corp., Series 2021, Ref. RB                                                                                      | CUSIP: 95737TEY8<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3260311.16   | 0.14%             | 2026-07-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2017 C-1, Ref. RB                                                                         | CUSIP: 59261APM3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3045662.10   | 0.13%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                                               | California Municipal Finance Authority, Series 2022, RB                                                                                               | CUSIP: 13048RAL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4981940.00   | 0.21%             | 2041-10-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Series 2012 I, GO Bonds                                                                                                       | CUSIP: 64966QSS0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    520000 | PA      | $521129.18    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Aberdeen Ridge)                                                                                     | Colorado (State of) Health Facilities Authority (Aberdeen Ridge), Series 2021 B, RB                                                                   | CUSIP: 19648FTM6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $914946.10    | 0.04%             | 2028-05-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                                                                                    | City of Dallas TX, Series 2013, GO Bonds                                                                                                              | CUSIP: 235219JP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3480287.58   | 0.15%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System)                                                              | Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System), Series 2019 B-2, Ref. RB                                     | CUSIP: 97712D4F0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1822753.18   | 0.08%             | 2027-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (CHRISTUS Health)                                                                                   | Louisiana (State of) Public Facilities Authority (CHRISTUS Health), Series 2009 B2, Ref. VRD RB                                                       | CUSIP: 546398C30<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4375000.00   | 0.19%             | 2047-07-01      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB                                                                         | CUSIP: 645918T86<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3114890.23   | 0.13%             | 2025-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                  | State of Washington, Series 2016, GO Bonds                                                                                                            | CUSIP: 93974DUL0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4083389.57   | 0.17%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                             | Chicago (City of), IL Board of Education, Series 1999 A, GO Bonds                                                                                     | CUSIP: 167505GA8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.03%             | 2022-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Luzerne (County of), PA                                                                                                                              | Luzerne (County of), PA, Series 2015 B, Ref. GO Bonds                                                                                                 | CUSIP: 550697VQ6<br>LEI: 5493001Z1Y4QDISEER29 | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2283616.77   | 0.10%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                                                                        | Florida Housing Finance Corp., Series 2015 A, RB                                                                                                      | CUSIP: 34074MLY5<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1142121.98   | 0.05%             | 2041-07-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                                                                                   | Health & Educational Facilities Authority of the State of Missouri, Series 2016, RB                                                                   | CUSIP: 60637AKU5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1279795.71   | 0.05%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                | California (State of), Series 2018, Ref. GO Bonds                                                                                                     | CUSIP: 13063DFX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $403342.96    | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                                                                                             | State of Connecticut Special Tax Revenue, Series 2013, RB                                                                                             | CUSIP: 207758RD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152808.50    | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Raleigh & Durham (Cities of) Airport Authority                                                                                                       | Raleigh & Durham (Cities of) Airport Authority, Series 2008 C, Ref. VRD RB                                                                            | CUSIP: 751073GK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17720000 | PA      | $17720000.00  | 0.75%             | 2036-05-01      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Municipal Authority                                                                                                            | Berks (County of), PA Municipal Authority, Series 2015 XF2049, VRD Ctfs.                                                                              | CUSIP: 084538HB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8420000 | PA      | $8420000.00   | 0.36%             | 2044-11-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The) (No. 4)                                                                                                         | Black Belt Energy Gas District (The) (No. 4), Series 2019 A-1, RB                                                                                     | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6974509.50   | 0.30%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Alhambra (City of), CA (Police Facilities Assessment District No. 91-1)                                                                              | Alhambra (City of), CA (Police Facilities Assessment District No. 91-1), Series 1992, COP                                                             | CUSIP: 015888EP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2045842.80   | 0.09%             | 2023-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                  | State of Washington, Series 2013, GO Bonds                                                                                                            | CUSIP: 93974DBA5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  12750000 | PA      | $12986666.78  | 0.55%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| El Paso (County of), TX Hospital District                                                                                                            | El Paso (County of), TX Hospital District, Series 2013, Ctfs. of Obligation                                                                           | CUSIP: 283590ES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $682092.77    | 0.03%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Subseries 2012 G-6, VRD GO Bonds                                                                                              | CUSIP: 64966JE77<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13000000.00  | 0.55%             | 2042-04-01      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                                                                                      | Casino Reinvestment Development Authority, Inc., Series 2014, Ref. RB                                                                                 | CUSIP: 14760RAJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3515000 | PA      | $3555239.72   | 0.15%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                                                                           | Illinois Finance Authority, Series 2020, RB                                                                                                           | CUSIP: 45204FAG0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2049-08-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Modesto Irrigation District                                                                                                                          | Modesto Irrigation District, Series 2012, RB                                                                                                          | CUSIP: 607763DC0<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101381.66    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                   | Kentucky (Commonwealth of) Public Energy Authority, Series 2019 A-2, RB                                                                               | CUSIP: 74440DCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9735010.00   | 0.41%             | 2049-12-01      | Floating      | 3.64%                 | No            |                  2 | On Loan: No      |
| Sunrise Lakes Phase 4 Recreation District                                                                                                            | Sunrise Lakes Phase 4 Recreation District, Series 2008, Ref. GO Bonds                                                                                 | CUSIP: 86769TCS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5006.13      | 0.00%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority                                                                                                      | Minnesota Higher Education Facilities Authority, Series 2017, RB                                                                                      | CUSIP: 60416H7Y4<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1507390.22   | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                            | CUSIP: 92242SAB9<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200154.90    | 0.01%             | 2022-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The)                                                                                                       | Charlotte-Mecklenburg Hospital Authority (The), Series 2018, RB                                                                                       | CUSIP: 160853UK1<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2048-01-15      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (The University of Chicago)                                                                                    | Illinois (State of) Finance Authority (The University of Chicago), Series 2014 A, Ref. RB                                                             | CUSIP: 45203HA44<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10387.42     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) (Green Bonds)                                                                                                        | Massachusetts (Commonwealth of) (Green Bonds), Series 2014 E, GO Bonds                                                                                | CUSIP: 57582P6L9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    680000 | PA      | $681316.68    | 0.03%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale (City of), CA                                                                                                                               | Glendale (City of), CA, Series 2013, RB                                                                                                               | CUSIP: 378406MH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126812.58    | 0.01%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                                                                                                | Massachusetts Clean Water Trust (The), Series 2013, RB                                                                                                | CUSIP: 57605AEK8<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175674.31    | 0.01%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (United States Steel Corp.)                                                                                     | Indiana (State of) Finance Authority (United States Steel Corp.), Series 2021 A, Ref. RB                                                              | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3413748.45   | 0.15%             | 2026-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Jefferson County Capital Projects Corp.                                                                                                              | Jefferson County Capital Projects Corp., Series 2007 A, Ref. RB                                                                                       | CUSIP: 473020LY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25100.26     | 0.00%             | 2028-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                                                                                | New Jersey Health Care Facilities Financing Authority, Series 2017, RB                                                                                | CUSIP: 645790JW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $879958.76    | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                                | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                              | CUSIP: 93978HFR1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165863.73    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake County Community College District No. 532                                                                                                       | Lake County Community College District No. 532, Series 2013 A, GO Bonds                                                                               | CUSIP: 508358HL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500592.65    | 0.02%             | 2023-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2018 B, Ref. RB                                                                           | CUSIP: 59261AWV5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    175000 | PA      | $180081.48    | 0.01%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto (City of), CA (Golf Course)                                                                                                                  | Modesto (City of), CA (Golf Course), Series 1993 B, COP                                                                                               | CUSIP: 607715FF1<br>LEI: 549300PM1CEUCI5R7951 | Long             | DBT              | MUN               | US        |      5000 | PA      | $4985.65      | 0.00%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                  | Illinois (State of), Series 2017 D, GO Bonds                                                                                                          | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  10960000 | PA      | $11312393.59  | 0.48%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                                                             | University of California, Series 2013 AL-1, VRD RB                                                                                                    | CUSIP: 91412GSJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3550000.00   | 0.15%             | 2048-05-15      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| Centerpoint Intermodal Center Program Trust                                                                                                          | Centerpoint Intermodal Center Program Trust, Series 2004 A, Ctfs.                                                                                     | CUSIP: 15189VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1234590.60   | 0.05%             | 2023-06-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (Sutter Health)                                                                          | California (State of) Health Facilities Financing Authority (Sutter Health), Series 2017 A, Ref. RB                                                   | CUSIP: 13032UNQ7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1393010.93   | 0.06%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Paideia Academies (The))                                                                      | Pima (County of), AZ Industrial Development Authority (Paideia Academies (The)), Series 2019, RB                                                      | CUSIP: 72177MRW9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    210000 | PA      | $196989.32    | 0.01%             | 2029-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                                                                                          | JEA Electric System Revenue, Series 2017, RB                                                                                                          | CUSIP: 46613SGL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1409461.95   | 0.06%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                                                                            | Indiana Finance Authority, Series 2014, RB                                                                                                            | CUSIP: 45505MCX2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1813668.85   | 0.08%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Building Authority                                                                                                             | New Jersey (State of) Building Authority, Series 2016 A, Ref. RB                                                                                      | CUSIP: 645771ZJ8<br>LEI: 549300YJLPPJFRLYB368 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1575269.10   | 0.07%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System                                                                                                                                  | JEA Electric System, Series 2008 3-A, VRD RB                                                                                                          | CUSIP: 46613CMK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10720000 | PA      | $10720000.00  | 0.46%             | 2036-10-01      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| Goose Creek Consolidated Independent School District                                                                                                 | Goose Creek Consolidated Independent School District, Series 2016, GO Bonds                                                                           | CUSIP: 382604Q33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5342467.00   | 0.23%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. I                                                                                                     | Texas Municipal Gas Acquisition & Supply Corp. I, Series 2008 D, RB                                                                                   | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |  17275000 | PA      | $18053316.49  | 0.77%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                        | State of Ohio, Series 2013, RB                                                                                                                        | CUSIP: 67756CBP2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002479.90   | 0.04%             | 2024-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2004 A, RB                                                                               | CUSIP: 64577BJ21<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   6840000 | PA      | $7216985.23   | 0.31%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Housing Development Authority                                                                                                    | Illinois (State of) Housing Development Authority, Series 2005, RB                                                                                    | CUSIP: 45203FAM8<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20028.85     | 0.00%             | 2025-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Advanced Technology Academy                                                                                                                          | Advanced Technology Academy, Series 2019, Ref. RB                                                                                                     | CUSIP: 00766SAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $253742.48    | 0.01%             | 2024-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| St Francis Independent School District No 15                                                                                                         | St Francis Independent School District No 15, Series 2018, GO Bonds                                                                                   | CUSIP: 789466SC4<br>LEI: 549300BB7QRM8G4EBA90 | Long             | DBT              | MUN               | US        |    930000 | PA      | $933554.37    | 0.04%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2012 A, Ref. RB                                                                                         | CUSIP: 59259NS38<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    450000 | PA      | $450553.50    | 0.02%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Series 2012 B, GO Bonds                                                                                                       | CUSIP: 64966J3M6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250501.23    | 0.01%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                 | Chicago (City of), IL (O'Hare International Airport), Series 2013 D, RB                                                                               | CUSIP: 167593PK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275611.16    | 0.01%             | 2028-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Milledgeville (City of) & Baldwin (County of), GA Development Authority                                                                              | Milledgeville (City of) & Baldwin (County of), GA Development Authority, Series 2003 A, RB                                                            | CUSIP: 60039DAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30034.74     | 0.00%             | 2025-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                                                                                             | State of Connecticut Special Tax Revenue, Series 2012, RB                                                                                             | CUSIP: 207758QK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4590000 | PA      | $4599476.51   | 0.20%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                                | Washington (State of), Series 2013 A, GO Bonds                                                                                                        | CUSIP: 93974DAY4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126937.00    | 0.01%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                                                                                          | Connecticut State Health & Educational Facilities Authority, Series 2014, RB                                                                          | CUSIP: 20774YQW0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |  10650000 | PA      | $10924891.41  | 0.46%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc.)                                                                                  | New York Transportation Development Corp. (American Airlines, Inc.), Series 2016, Ref. RB                                                             | CUSIP: 650116BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20070000 | PA      | $20070222.78  | 0.85%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Subseries 2012 G-1, VRD Ref. RB                                                                                | CUSIP: 59261AB22<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   7700000 | PA      | $7700000.00   | 0.33%             | 2032-11-01      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Detroit (City of), MI                                                                                                                                | Detroit (City of), MI, Series 2006, Ref. RB                                                                                                           | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7825000 | PA      | $7601941.33   | 0.32%             | 2032-07-01      | Floating      | 2.09%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                                                                            | Indiana Finance Authority, Series 2014, RB                                                                                                            | CUSIP: 45505MCY0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1813034.65   | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                                                           | City of Los Angeles Department of Airports, Series 2013, RB                                                                                           | CUSIP: 5444353E8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1126518.28   | 0.05%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                                                                                 | Chicago Midway International Airport, Series 2014, RB                                                                                                 | CUSIP: 167562PP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3878870.42   | 0.16%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority                                                                                                                | Michigan (State of) Finance Authority, Series 2015, Ref. RB                                                                                           | CUSIP: 59447TCM3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1669562.12   | 0.07%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa City Community School District Infrastructure Sales Services & Use Tax                                                                          | Iowa City Community School District Infrastructure Sales Services & Use Tax, Series 2015, RB                                                          | CUSIP: 462328AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126654.08    | 0.01%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                                                                                  | City of New York NY, Series 2015, GO Bonds                                                                                                            | CUSIP: 64966LU41<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.21%             | 2044-06-01      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Pompano Beach (City of), FL (John Knox Village)                                                                                                      | Pompano Beach (City of), FL (John Knox Village), Series 2021 B-1, RB                                                                                  | CUSIP: 732203BK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1304513.80   | 0.06%             | 2029-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                       | Lower Colorado River Authority, Series 2013, RB                                                                                                       | CUSIP: 54811GMC1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    245000 | PA      | $247678.39    | 0.01%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp.                                                                                                                   | Mississippi Business Finance Corp., Series 2006, RB                                                                                                   | CUSIP: 60528AAA2<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |     25000 | PA      | $24034.94     | 0.00%             | 2028-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Collinsville (City of), IL Area Recreation District                                                                                                  | Collinsville (City of), IL Area Recreation District, Series 2004, GO Bonds                                                                            | CUSIP: 195063CP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350539.35    | 0.01%             | 2025-12-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (United Airlines, Inc. Terminal E)                                                                              | Houston (City of), TX Airport System (United Airlines, Inc. Terminal E), Series 2014, Ref. RB                                                         | CUSIP: 4423487G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1097058.82   | 0.05%             | 2024-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills)                                                                                 | Allegheny (County of), PA Redevelopment Authority (Pittsburgh Mills), Series 2004, RB                                                                 | CUSIP: 017347HW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325633 | PA      | $293069.98    | 0.01%             | 2023-07-01      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Fall River (City of), MA                                                                                                                             | Fall River (City of), MA, Series 2022, GO Notes                                                                                                       | CUSIP: 3062973X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11720224 | PA      | $11734203.88  | 0.50%             | 2023-02-03      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                                                                                           | Virginia Commonwealth Transportation Board, Series 2017, Ref. RB                                                                                      | CUSIP: 92778UBR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5095649.50   | 0.22%             | 2023-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                      | Calplant I, LLC, Series 22A                                                                                                                           | CUSIP: 13136CAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50000.00     | 0.00%             | 2022-12-12      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. II                                                                                                    | Texas Municipal Gas Acquisition & Supply Corp. II, Series 2007, RB                                                                                    | CUSIP: 88255QAE9<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |  12915000 | PA      | $12369024.83  | 0.53%             | 2027-09-15      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| Sayre (City of), PA Health Care Facilities Authority                                                                                                 | Sayre (City of), PA Health Care Facilities Authority, Series 2007, RB                                                                                 | CUSIP: 805777HZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30053.91     | 0.00%             | 2024-12-01      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Water & Power                                                                                                | Los Angeles (City of), CA Department of Water & Power, Series 2013 A, RB                                                                              | CUSIP: 544525RH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400792.92    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 119)                                                                                  | Kentucky (Commonwealth of) Property & Building Commission (No. 119), Series 2018, RB                                                                  | CUSIP: 49151FYY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5533362.50   | 0.24%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority                                                                                                      | Colorado (State of) Health Facilities Authority, Series 2005, VRD RB                                                                                  | CUSIP: 196474V98<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   7900000 | PA      | $7900000.00   | 0.34%             | 2035-01-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Albuquerque Municipal School District No 12                                                                                                          | Albuquerque Municipal School District No 12, Series 2017, GO Bonds                                                                                    | CUSIP: 013595UV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2773307.96   | 0.12%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2017, RB                                                                                                        | CUSIP: 66285WL95<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245485.66    | 0.01%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Owatonna MN                                                                                                                                  | City of Owatonna MN, Series 2003, RB                                                                                                                  | CUSIP: 690562AA1<br>LEI: 5493007O5KUJDI7ZFG46 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1380000.00   | 0.06%             | 2030-01-01      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No 231 Gardner - Edgerton                                                                                     | Johnson County Unified School District No 231 Gardner - Edgerton, Series 2013, GO Bonds                                                               | CUSIP: 478710TY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101963.27    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                                                                                          | New Hampshire Health and Education Facilities Authority Act, Series 2016, RB                                                                          | CUSIP: 64461XAE5<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4201516.80   | 0.18%             | 2031-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 119)                                                                                  | Kentucky (Commonwealth of) Property & Building Commission (No. 119), Series 2018, RB                                                                  | CUSIP: 49151FYX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5171210.05   | 0.22%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                                                                                 | State of Connecticut, Series 2016, GO Bonds                                                                                                           | CUSIP: 20772JT85<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   3280000 | PA      | $3490331.64   | 0.15%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc.                                                                                                                        | American Municipal Power Inc., Series 2015, RB                                                                                                        | CUSIP: 02765UGB4<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   9895000 | PA      | $10143687.08  | 0.43%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville (City of), TX                                                                                                                             | Lewisville (City of), TX, Series 2013, Ref. RB                                                                                                        | CUSIP: 528835V65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1607389.60   | 0.07%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The)                                                                                                       | Charlotte-Mecklenburg Hospital Authority (The), Series 2013, RB                                                                                       | CUSIP: 160853RP4<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120279.34    | 0.01%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2016, RB                                                                            | CUSIP: 646136Z87<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1264694.63   | 0.05%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                                                                      | New York City Municipal Water Finance Authority, Series 2022, RB                                                                                      | CUSIP: 64972GZW7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2033-06-15      | Variable      | 1.96%                 | No            |                  2 | On Loan: No      |
| Burke (County of), GA Development Authority (Georgia Power Co. Plant Vogtle)                                                                         | Burke (County of), GA Development Authority (Georgia Power Co. Plant Vogtle), Series 2013, Ref. RB                                                    | CUSIP: 121342PS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6907014.80   | 0.29%             | 2053-11-01      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| Arnold Retail Corridor Transportation Development District                                                                                           | Arnold Retail Corridor Transportation Development District, Series 2019, Ref. RB                                                                      | CUSIP: 04259PAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $163936.66    | 0.01%             | 2028-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                                                                                           | Philadelphia Gas Works Co., Series 2016, RB                                                                                                           | CUSIP: 7178238F8<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1486012.64   | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                            | CUSIP: 92242SAT0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    355000 | PA      | $375484.78    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian River Municipal Water Authority                                                                                                             | Canadian River Municipal Water Authority, Series 2014, RB                                                                                             | CUSIP: 136542LH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251177.53    | 0.01%             | 2024-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                      | Massachusetts (Commonwealth of), Series 2018 C, GO Bonds                                                                                              | CUSIP: 57582RSU1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    475000 | PA      | $479523.85    | 0.02%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Municipal Power Agency                                                                                                                      | Northern Municipal Power Agency, Series 2013, RB                                                                                                      | CUSIP: 665444JR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340604.11    | 0.01%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albuquerque Municipal School District No 12                                                                                                          | Albuquerque Municipal School District No 12, Series 2017, GO Bonds                                                                                    | CUSIP: 013595UW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1345361.88   | 0.06%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| College Park (City of), GA (Atlanta International Airport)                                                                                           | College Park (City of), GA (Atlanta International Airport), Series 2006 B, RB                                                                         | CUSIP: 194315BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35036.67     | 0.00%             | 2026-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| North Harris (County of), TX Regional Water Authority                                                                                                | North Harris (County of), TX Regional Water Authority, Series 2013, Ref. RB                                                                           | CUSIP: 65956NDL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205244.65    | 0.01%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kelso (City of), WA Housing Authority                                                                                                                | Kelso (City of), WA Housing Authority, Series 1998, RB                                                                                                | CUSIP: 488269AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14999.65     | 0.00%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                        | Main Street Natural Gas, Inc., Subseries 2018 C, RB                                                                                                   | CUSIP: 56035DAW2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  18970000 | PA      | $19040703.09  | 0.81%             | 2048-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                                                                                  | Louisville/Jefferson County Metropolitan Government, Series 2016, RB                                                                                  | CUSIP: 54659LBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2768005.04   | 0.12%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                | California (State of), Series 2013, Ref. GO Bonds                                                                                                     | CUSIP: 13063B5C2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $484059.55    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Robstown (City of), TX                                                                                                                               | Robstown (City of), TX, Series 2009, Ctfs. of Obligation                                                                                              | CUSIP: 771095GQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $468974.35    | 0.02%             | 2024-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Villanova University)                                                                                            | Delaware (County of), PA Authority (Villanova University), Series 2016, Ref. RB                                                                       | CUSIP: 246008NX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.01%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Municipal Property Corp.                                                                                                                    | Glendale Municipal Property Corp., Series 2012, RB                                                                                                    | CUSIP: 378294EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3556103.16   | 0.15%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                                                                                                | Utility Debt Securitization Authority, Series 2017, RB                                                                                                | CUSIP: 91802RDP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $675601.70    | 0.03%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                                                                                         | New Jersey Housing & Mortgage Finance Agency, Series 2022, RB                                                                                         | CUSIP: 64613AGE6<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3115545.30   | 0.13%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont (State of)                                                                                                                                   | Vermont (State of), Series 2012 E, GO Bonds                                                                                                           | CUSIP: 924258ZE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340673.61    | 0.01%             | 2023-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma (The)                                                                                                                         | University of Oklahoma (The), Series 2014, Ref. RB                                                                                                    | CUSIP: 91476PKP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500596.70    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2017, RB                                                                                                        | CUSIP: 66285WM37<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50097.95     | 0.00%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) (Cleveland Clinic Health System Obligated Group)                                                                                     | Ohio (State of) (Cleveland Clinic Health System Obligated Group), Series 2018, Ref. RB                                                                | CUSIP: 67756CDH8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1050322.04   | 0.04%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                            | CUSIP: 92242SAR4<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    385000 | PA      | $392863.12    | 0.02%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                                                                                   | New York State Dormitory Authority, Series 2015, RB                                                                                                   | CUSIP: 64990EYL5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6281163.00   | 0.27%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2012 A, Ref. RB                                                                                         | CUSIP: 59259NR21<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.01%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                                                                                                   | Long Beach Unified School District, Series 2012, Ref. GO Bonds                                                                                        | CUSIP: 542433NT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100198.23    | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                   | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019, Ref. RB                                                                              | CUSIP: 709224K81<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5325000 | PA      | $5325000.00   | 0.23%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                                                                                               | University of Illinois, Series 2008 A, Ref. COP                                                                                                       | CUSIP: 914325CW3<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1027613.69   | 0.04%             | 2026-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Arizona Board of Regents (Arizona Biomedical Research Collaborative Building)                                                          | University of Arizona Board of Regents (Arizona Biomedical Research Collaborative Building), Series 2006, COP                                         | CUSIP: 04048PCP3<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10014.40     | 0.00%             | 2024-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy                                                                                                                                | Central Plains Energy, Series 2019, Ref. RB                                                                                                           | CUSIP: 154872AQ8<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006288.90   | 0.04%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                                                                                       | Sales Tax Securitization Corp., Series 2017 A, Ref. RB                                                                                                | CUSIP: 79467BAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10200000 | PA      | $10447890.60  | 0.44%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rib Floater Trust Various States                                                                                                                     | Rib Floater Trust Various States, Series 2022, RB                                                                                                     | CUSIP: 76252PSC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  36250000 | PA      | $36250000.00  | 1.54%             | 2046-11-15      | Variable      | 2.05%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                                                 | New Hope Cultural Education Facilities Finance Corp., Series 2016 A, RB                                                                               | CUSIP: 64542REE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $416537.07    | 0.02%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc.                                                                                                                        | American Municipal Power Inc., Series 2015, RB                                                                                                        | CUSIP: 02765UGC2<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   3495000 | PA      | $3580330.43   | 0.15%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                                                                                | New Jersey Health Care Facilities Financing Authority, Series 2016, RB                                                                                | CUSIP: 645790FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8840000 | PA      | $9421119.50   | 0.40%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine (State of) Educational Loan Authority                                                                                                          | Maine (State of) Educational Loan Authority, Series 2012 A-1, RB                                                                                      | CUSIP: 56040PCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1562719.46   | 0.07%             | 2024-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2012 KK, RB                                                                              | CUSIP: 645918P98<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2138247.34   | 0.09%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                     | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2002 D, RB                                                                   | CUSIP: 745190J41<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |   6085000 | PA      | $6125720.21   | 0.26%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                                                                                                 | School District of Broward County/FL, Series 2016, COP                                                                                                | CUSIP: 115065ZC1<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1182699.23   | 0.05%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2013, RB                                                                                                 | CUSIP: 89602NG73<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    630000 | PA      | $636269.57    | 0.03%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                | California (State of), Series 2012, GO Bonds                                                                                                          | CUSIP: 13063BH39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000405.80   | 0.04%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                                                                                      | County of King WA Sewer Revenue, Series 2013, RB                                                                                                      | CUSIP: 495289H60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125246.76    | 0.01%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                  | State of Washington, Series 2016, GO Bonds                                                                                                            | CUSIP: 93974DZR2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1299109.30   | 0.06%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2017, RB                                                                                                        | CUSIP: 66285WK96<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    445000 | PA      | $445882.12    | 0.02%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manhattan (City of), KS                                                                                                                              | Manhattan (City of), KS, Series 2022, RB                                                                                                              | CUSIP: 563039AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.13%             | 2022-12-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp.                                                                                                                           | Salt Verde Financial Corp., Series 2007, RB                                                                                                           | CUSIP: 79575EAL2<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4140662.40   | 0.18%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County School District No. 7                                                                                                                | Maricopa County School District No. 7, Series 2009 B, GO Bonds                                                                                        | CUSIP: 567048FG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15030.30     | 0.00%             | 2024-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington (County of), PA Redevelopment Authority (Victory Centre)                                                                                  | Washington (County of), PA Redevelopment Authority (Victory Centre), Series 2018, Ref. RB                                                             | CUSIP: 938618AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1020523.42   | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                                                                                    | Utah Telecommunication Open Infrastructure Agency, Series 2022, RB                                                                                    | CUSIP: 91756SAA1<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252828.18    | 0.01%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                                                                                                                           | National Finance Authority, Series 2022-2, Class A                                                                                                    | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5414157 | PA      | $4992785.26   | 0.21%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2010 D, RB                                                                          | CUSIP: 646136YC9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4505000 | PA      | $4612291.98   | 0.20%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NB37<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505141.00   | 0.11%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Mankato (City of), MN                                                                                                                          | North Mankato (City of), MN, Series 2009 C, GO Bonds                                                                                                  | CUSIP: 660751DZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10010.26     | 0.00%             | 2024-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                      | Calplant I, LLC, Series 22X                                                                                                                           | CUSIP: 13136CAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50187.00     | 0.00%             | 2023-01-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority (Geisinger Health System)                                                                                                        | Geisinger Authority (Geisinger Health System), Series 2014 B, Ref. RB                                                                                 | CUSIP: 368497HH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13600000 | PA      | $13668621.52  | 0.58%             | 2028-06-01      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| California (State of) Health Facilities Financing Authority (City of Hope)                                                                           | California (State of) Health Facilities Financing Authority (City of Hope), Series 2012 A, RB                                                         | CUSIP: 13033LL96<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100182.23    | 0.00%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calplant I, LLC                                                                                                                                      | Calplant I, LLC, Series 22B                                                                                                                           | CUSIP: 13136CAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5000.00      | 0.00%             | 2022-12-30      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                                | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                              | CUSIP: 93978HFP5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2553948.66   | 0.11%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                                                                       | Tender Option Bond Trust Receipts/Certificates, Series 2017-XF2482, VRD Ctfs.                                                                         | CUSIP: 88033YLS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3935000 | PA      | $3935000.00   | 0.17%             | 2042-03-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                                                                                              | School Board of Miami-Dade County (The), Series 2014, COP                                                                                             | CUSIP: 59333MN50<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1468515.72   | 0.06%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                            | CUSIP: 92242SAE3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    125000 | PA      | $132616.68    | 0.01%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of)                                                                                                                               | Connecticut (State of), Series 2013 B, GO Bonds                                                                                                       | CUSIP: 20772JMZ2<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5228988.96   | 0.22%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZM9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    650000 | PA      | $651331.27    | 0.03%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development                                                                                      | Philadelphia (City of), PA Authority for Industrial Development, Series 2013, RB                                                                      | CUSIP: 7178188J0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1778633.21   | 0.08%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando (City of), FL Utilities Commission                                                                                                           | Orlando (City of), FL Utilities Commission, Series 2015 B, Ref. VRD RB                                                                                | CUSIP: 686507GL2<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |  31450000 | PA      | $31450000.00  | 1.34%             | 2039-10-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                                                                                         | Main Street Natural Gas Inc., Series 2021, RB                                                                                                         | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8519464.15   | 0.36%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                                                                                       | Tender Option Bond Trust Receipts/Certificates, Series 2016-XF1059, VRD Ctfs.                                                                         | CUSIP: 88033UFY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24534000 | PA      | $24534000.00  | 1.04%             | 2036-12-15      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                                                                                | City of San Antonio TX Electric & Gas Systems Revenue, Series 2016, RB                                                                                | CUSIP: 7962535Q1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2298199.55   | 0.10%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dalton (City of), GA Downtown Development Authority                                                                                                  | Dalton (City of), GA Downtown Development Authority, Series 1996, Ctfs.                                                                               | CUSIP: 235550DV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2232982.54   | 0.09%             | 2026-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Water & Power                                                                                                | Los Angeles (City of), CA Department of Water & Power, Series 2013 B, RB                                                                              | CUSIP: 544525SE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $831901.48    | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                                                                                                 | School District of Broward County/FL, Series 2022, RN                                                                                                 | CUSIP: 115067MD9<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10095897.00  | 0.43%             | 2023-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of)                                                                                                                                      | Ohio (State of), Series 2018 A, GO Bonds                                                                                                              | CUSIP: 677522ZB3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    780000 | PA      | $785269.21    | 0.03%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                              | New York (State of) Dormitory Authority, Series 2015 A-1, Ref. RB                                                                                     | CUSIP: 64990BMJ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    155000 | PA      | $150869.45    | 0.01%             | 2023-12-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2017, RB                                                                                                        | CUSIP: 66285WM45<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15026.43     | 0.00%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota (State of) Housing Development Authority                                                                                                | South Dakota (State of) Housing Development Authority, Series 2009 A, VRD RB                                                                          | CUSIP: 83755G7R2<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   5810000 | PA      | $5810000.00   | 0.25%             | 2048-11-01      | Variable      | 2.02%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                | California (State of), Series 2020, GO Bonds                                                                                                          | CUSIP: 13063DVS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $74765.55     | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2018 B, Ref. RB                                                                           | CUSIP: 59261AWU7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2233485.54   | 0.09%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                                                                                     | State of Georgia, Series 2013, GO Bonds                                                                                                               | CUSIP: 373384F50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100394.09    | 0.00%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rib Floater Trust Various States                                                                                                                     | Rib Floater Trust Various States, Series 2022, RB                                                                                                     | CUSIP: 76252PRU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2041-11-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB                                                                         | CUSIP: 645918U92<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011344.60   | 0.09%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority                                                                                                                 | Indiana (State of) Finance Authority, Series 2010 A, Ref. RB                                                                                          | CUSIP: 45470RCM6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190000.00    | 0.01%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                                                                                       | Central Puget Sound Regional Transit Authority, Series 1999, RB                                                                                       | CUSIP: 155048BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1823237.59   | 0.08%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bexar County Hospital District                                                                                                                       | Bexar County Hospital District, Series 2018, GO Bonds                                                                                                 | CUSIP: 088365GG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1903362.45   | 0.08%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System)                                                         | Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System), Series 2014 A, Ref. RB                                  | CUSIP: 613603TG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1187747.21   | 0.05%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                                                                                                   | Miami-Dade County Educational Facilities Authority, Series 2012, RB                                                                                   | CUSIP: 59333ALK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $528277.00    | 0.02%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                       | Lower Colorado River Authority, Series 2013, RB                                                                                                       | CUSIP: 54811BNS6<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   5955000 | PA      | $6008875.48   | 0.26%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                               | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB                                                                            | CUSIP: 74526QDF6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3905000 | PA      | $3919855.01   | 0.17%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB                                                                                          | CUSIP: 89602NH56<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    130000 | PA      | $131340.81    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota (State of) Governmental Agency Finance Group (Flexible Term Program)                                                                       | Minnesota (State of) Governmental Agency Finance Group (Flexible Term Program), Series 2007 A-1, RB                                                   | CUSIP: 60403PEG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15002.20     | 0.00%             | 2027-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District                                                                                                                    | Wilkes-Barre Area School District, Series 2016 B, GO Bonds                                                                                            | CUSIP: 968261ML8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1244728.02   | 0.05%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metro                                                                                                                                                | Metro, Series 2012 A, GO Bonds                                                                                                                        | CUSIP: 59163PGV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4320000 | PA      | $4325606.93   | 0.18%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunrise Lakes Phase 4 Recreation District                                                                                                            | Sunrise Lakes Phase 4 Recreation District, Series 2008, Ref. GO Bonds                                                                                 | CUSIP: 86769TCT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20024.50     | 0.00%             | 2024-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Works Board (Judicial Council of California)                                                                            | California (State of) Public Works Board (Judicial Council of California), Series 2013 A, RB                                                          | CUSIP: 13068LCH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1609716.32   | 0.07%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2005 N-1, Ref. RB                                                                        | CUSIP: 6459165D5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3070145.22   | 0.13%             | 2023-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2016 A2, Ref. RB                                                                          | CUSIP: 59261ADG9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1472070.02   | 0.06%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville (City of) & Jefferson (County of), KY Metropolitan Government                                                                             | Louisville (City of) & Jefferson (County of), KY Metropolitan Government, Series 2007, Ref. VRD RB                                                    | CUSIP: 546751AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  29700000 | PA      | $29700000.00  | 1.26%             | 2033-06-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Health Care Facilities Financing Authority                                                                                     | New Jersey (State of) Health Care Facilities Financing Authority, Series 2013, Ref. RB                                                                | CUSIP: 64579XCK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $406615.00    | 0.02%             | 2023-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk (County of), FL                                                                                                                                 | Polk (County of), FL, Series 2012, Ref. RB                                                                                                            | CUSIP: 731167EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125237.58    | 0.01%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McGee Creek Authority                                                                                                                                | McGee Creek Authority, Series 1992, RB                                                                                                                | CUSIP: 580472BF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130283.82    | 0.01%             | 2023-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                     | Pennsylvania Turnpike Commission, Series 2016, RB                                                                                                     | CUSIP: 709224QL6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    800000 | PA      | $858660.72    | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anaheim (City of), CA Public Financing Authority                                                                                                     | Anaheim (City of), CA Public Financing Authority, Series 1997 A, RB                                                                                   | CUSIP: 03255LAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2524804.51   | 0.11%             | 2024-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Southeast Wisconsin Professional Baseball Park District                                                                                              | Southeast Wisconsin Professional Baseball Park District, Series 1998 A, Ref. RB                                                                       | CUSIP: 841531DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3600422.78   | 0.15%             | 2026-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                                                                                          | Development Authority of Burke County (The), Series 2012, RB                                                                                          | CUSIP: 121342QD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4935364.00   | 0.21%             | 2049-12-01      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                                                                                                   | Long Beach Unified School District, Series 2012, Ref. GO Bonds                                                                                        | CUSIP: 542433NZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $776542.72    | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee (State of) Local Development Authority                                                                                                     | Tennessee (State of) Local Development Authority, Series 2006, RB                                                                                     | CUSIP: 880550NT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5006.86      | 0.00%             | 2023-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Wayne State University                                                                                                                               | Wayne State University, Series 2013, RB                                                                                                               | CUSIP: 946303TQ7<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1269329.79   | 0.05%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                 | District of Columbia, Series 2012, RB                                                                                                                 | CUSIP: 25483VKJ2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100208.93    | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 A, RB                                                                                               | CUSIP: 89602ND35<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250031.45    | 0.01%             | 2028-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                   | Tennessee Energy Acquisition Corp., Series 2006 A, RB                                                                                                 | CUSIP: 880443BQ8<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2747988.10   | 0.12%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) (University Hospitals Health System, Inc.)                                                                                           | Ohio (State of) (University Hospitals Health System, Inc.), Series 2013 A, RB                                                                         | CUSIP: 67756CBR8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100088.70    | 0.00%             | 2026-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Cuyahoga (County of), OH (Shaker Square)                                                                                                             | Cuyahoga (County of), OH (Shaker Square), Series 2010 D, Ref. RB                                                                                      | CUSIP: 232263GF4<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |    825000 | PA      | $826628.63    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                            | CUSIP: 92242SAS2<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    400000 | PA      | $415802.96    | 0.02%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZE7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    705000 | PA      | $706384.97    | 0.03%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rowland Unified School District                                                                                                                      | Rowland Unified School District, Series 2013, Ref. GO Bonds                                                                                           | CUSIP: 779631GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $223511.44    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Spears/Lifers Trust                                                                                                                    | Deutsche Bank Spears/Lifers Trust, Series 2021, VRD RB                                                                                                | CUSIP: 25155W4Y2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6300000.00   | 0.27%             | 2031-04-01      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                                                                                                   | Long Beach Unified School District, Series 2012, Ref. GO Bonds                                                                                        | CUSIP: 542433NQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $676365.86    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward (County of), FL (Parks & Land Preservation)                                                                                                  | Broward (County of), FL (Parks & Land Preservation), Series 2012, Ref. GO Bonds                                                                       | CUSIP: 114889WE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504716.75   | 0.06%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority                                                                                        | Missouri (State of) Health & Educational Facilities Authority, Series 2017, Ref. RB                                                                   | CUSIP: 60636APC1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3271871.01   | 0.14%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2006 A, RB                                                                          | CUSIP: 646136LU3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001114.20   | 0.04%             | 2022-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Municipal Power Agency No. 1 (Catawba)                                                                                     | North Carolina (State of) Municipal Power Agency No. 1 (Catawba), Series 2019 A, Ref. RB                                                              | CUSIP: 658203X90<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2339744.02   | 0.10%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                                                                                                   | Conroe Independent School District, Series 2016, GO Bonds                                                                                             | CUSIP: 208418A45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7810000 | PA      | $8359808.38   | 0.36%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2015 D-1, Ref. RB                                                                                       | CUSIP: 59259Y6H7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    115000 | PA      | $118339.26    | 0.01%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Stadium & Exposition District                                                                                                   | Louisiana (State of) Stadium & Exposition District, Series 2020, RB                                                                                   | CUSIP: 546410CE9<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15024765.00  | 0.64%             | 2023-07-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                                                                        | Florida Housing Finance Corp., Series 2022, RB                                                                                                        | CUSIP: 34074MD99<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4677714.80   | 0.20%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp. (Natgasoline)                                                                                                     | Mission Economic Development Corp. (Natgasoline), Series 2018, Ref. RB                                                                                | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969263.60    | 0.04%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZJ6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250512.03    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                                                                                              | Dallas Fort Worth International Airport, Series 2013, RB                                                                                              | CUSIP: 235036L65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86676.46     | 0.00%             | 2031-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ravalli County School District No. 7                                                                                                                 | Ravalli County School District No. 7, Series 2006, GO Bonds                                                                                           | CUSIP: 754193BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10012.27     | 0.00%             | 2023-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                | Chicago (City of), IL, Series 2008, Ref. RB                                                                                                           | CUSIP: 167736R33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $913172.06    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing Authority of Clayton County Facilities Holding Co. LLC (The) (Riverwood Townhouses)                                                          | Housing Authority of Clayton County Facilities Holding Co. LLC (The) (Riverwood Townhouses), Series 2021 B, RB                                        | CUSIP: 184160LH0<br>LEI: 549300PHMTYD286BV442 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1987909.00   | 0.08%             | 2025-04-01      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                                                                                               | Permanent University Fund - University of Texas System, Series 2008, RB                                                                               | CUSIP: 9151153W7<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2425000.00   | 0.10%             | 2037-07-01      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| King (County of), WA Housing Authority                                                                                                               | King (County of), WA Housing Authority, Series 2021, Ref. RB                                                                                          | CUSIP: 494759RJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2022-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Hospital Finance Authority (West Virginia University Health System)                                                         | West Virginia (State of) Hospital Finance Authority (West Virginia University Health System), Series 2018 E, Ref. VRD RB                              | CUSIP: 956622P32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14255000 | PA      | $14255000.00  | 0.61%             | 2033-06-01      | Variable      | 2.42%                 | No            |                  2 | On Loan: No      |
| West Chicago Fire Protection District                                                                                                                | West Chicago Fire Protection District, Series 2008, GO Bonds                                                                                          | CUSIP: 952075AX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15023.06     | 0.00%             | 2029-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                                | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                              | CUSIP: 93978HFQ3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2427951.89   | 0.10%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dallas TX                                                                                                                                  | County of Dallas TX, Series 2016, GO Bonds                                                                                                            | CUSIP: 234650ND7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4605000 | PA      | $4969737.18   | 0.21%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport)                                                                               | Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport), Series 2012 A, RB                                                             | CUSIP: 944514NH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5380000 | PA      | $5389551.11   | 0.23%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                   | New York Counties Tobacco Trust VI, Series 2016 B, Ref. RB                                                                                            | CUSIP: 64945JAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $475140.99    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                   | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2018 A-1, Ref. RB                                                                          | CUSIP: 709224G86<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500023.70   | 0.06%             | 2023-12-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                                                                                                | Massachusetts Clean Water Trust (The), Series 2013, RB                                                                                                | CUSIP: 57605AEL6<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150573.15    | 0.01%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Katy Independent School District                                                                                                                     | Katy Independent School District, Series 2017, GO Bonds                                                                                               | CUSIP: 486063WD8<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1248618.94   | 0.05%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Municipal Water Finance Authority                                                                                             | New York (City of), NY Municipal Water Finance Authority, Series 2019 DD, RB                                                                          | CUSIP: 64972GSL9<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2111880.85   | 0.09%             | 2024-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                   | New York Counties Tobacco Trust VI, Series 2016 B, Ref. RB                                                                                            | CUSIP: 64945JAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $689993.44    | 0.03%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Luzerne (County of), PA                                                                                                                              | Luzerne (County of), PA, Series 2015 A, Ref. GO Bonds                                                                                                 | CUSIP: 550697VD5<br>LEI: 5493001Z1Y4QDISEER29 | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2853596.90   | 0.12%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District)                                                       | Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District), Series 2015 A, Ref. RB                                | CUSIP: 85732GTH3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   6200000 | PA      | $6275373.40   | 0.27%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                                                                                             | State of Connecticut Special Tax Revenue, Series 2013, RB                                                                                             | CUSIP: 207758RV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $280443.21    | 0.01%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                           | Miami-Dade (County of), FL, Series 2012 B, Ref. RB                                                                                                    | CUSIP: 59333PE46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1287220.35   | 0.05%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                | Chicago (City of), IL, Series 2012 A, Ref. RB                                                                                                         | CUSIP: 167736D95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235860.92    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZG2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300306.90    | 0.01%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Collinsville (City of), IL Area Recreation District                                                                                                  | Collinsville (City of), IL Area Recreation District, Series 2004, GO Bonds                                                                            | CUSIP: 195063CM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $631362.88    | 0.03%             | 2023-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                        | Main Street Natural Gas, Inc., Subseries 2018 D, RB                                                                                                   | CUSIP: 56035DAX0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  30000000 | PA      | $29786553.00  | 1.27%             | 2048-08-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| New York (State of) Utility Debt Securitization Authority                                                                                            | New York (State of) Utility Debt Securitization Authority, Series 2016 B, Ref. RB                                                                     | CUSIP: 91802RDE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1351203.39   | 0.06%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                                                                                                | Utility Debt Securitization Authority, Series 2015, Ref. RB                                                                                           | CUSIP: 91802RBC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $735655.18    | 0.03%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Northwestern Memorial Healthcare)                                                                             | Illinois (State of) Finance Authority (Northwestern Memorial Healthcare), Series 2017 B, RB                                                           | CUSIP: 45204EA40<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7870000 | PA      | $7876404.61   | 0.33%             | 2057-07-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                                                                                       | Washington Metropolitan Area Transit Authority, Series 2017, RB                                                                                       | CUSIP: 938782FJ3<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1215468.76   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2015 F, Ref. RB                                                                                         | CUSIP: 59261AAL1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    525000 | PA      | $538674.52    | 0.02%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                        | Denver (City & County of), CO, Series 2012 B, RB                                                                                                      | CUSIP: 249182FZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6650000 | PA      | $6652791.67   | 0.28%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                | Chicago (City of), IL, Series 1999, GO Bonds                                                                                                          | CUSIP: 167484QP2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   6110000 | PA      | $5877008.59   | 0.25%             | 2024-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Series 2012 I, GO Bonds                                                                                                       | CUSIP: 64966QST8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245532.02    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Piedmont Municipal Power Agency                                                                                                                      | Piedmont Municipal Power Agency, Series 2021, RB                                                                                                      | CUSIP: 720175ZQ4<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4245092.00   | 0.18%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                                                                                              | New York City Housing Development Corp., Series 2005, RB                                                                                              | CUSIP: 64970HDM3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  17200000 | PA      | $17200000.00  | 0.73%             | 2035-04-15      | Variable      | 1.82%                 | No            |                  2 | On Loan: No      |
| JEA Electric System                                                                                                                                  | JEA Electric System, Series 2008 C-2, VRD RB                                                                                                          | CUSIP: 46613CMN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20425000 | PA      | $20425000.00  | 0.87%             | 2034-10-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Garland Independent School District                                                                                                                  | Garland Independent School District, Series 2019, GO Bonds                                                                                            | CUSIP: 366155T66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010471.40   | 0.09%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Gardens Apartements)                                                                                                     | Capital Trust Agency, Inc. (Gardens Apartements), Series 2015 A, RB                                                                                   | CUSIP: 14052TCX0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    650000 | PA      | $591257.42    | 0.03%             | 2025-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Independent School District                                                                                                            | Grand Prairie Independent School District, Series 2011, Ref. GO Bonds                                                                                 | CUSIP: 3861548G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $675673.18    | 0.03%             | 2026-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                                                                                | New Jersey Health Care Facilities Financing Authority, Series 2017, RB                                                                                | CUSIP: 645790JS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1217370.22   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency                                                                                           | Massachusetts (Commonwealth of) Development Finance Agency, Series 2007 C, RB                                                                         | CUSIP: 57586CXY6<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2593232.06   | 0.11%             | 2032-11-15      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                                                                                              | University of Kansas Hospital Authority, Series 2015, RB                                                                                              | CUSIP: 914367DB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2033644.28   | 0.09%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), OH (Nationwide Children's Hospital)                                                                                            | Franklin (County of), OH (Nationwide Children's Hospital), Series 2017 B, Ref. VRD RB                                                                 | CUSIP: 353187ET0<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |  24630000 | PA      | $24630000.00  | 1.05%             | 2052-11-01      | Variable      | 1.86%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2004 A, RB                                                                               | CUSIP: 64577BH80<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    820000 | PA      | $870648.86    | 0.04%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Power Generation Agency                                                                                                                       | Public Power Generation Agency, Series 2015, RB                                                                                                       | CUSIP: 744434DP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5040000 | PA      | $5214836.59   | 0.22%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District (The) (No. 5)                                                                                                         | Black Belt Energy Gas District (The) (No. 5), Series 2020 A-1, RB                                                                                     | CUSIP: 09182RBE0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4952455.50   | 0.21%             | 2049-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Water & Power                                                                                                | Los Angeles (City of), CA Department of Water & Power, Series 2013 A, RB                                                                              | CUSIP: 544495YS7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100204.81    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yavapai (County of), AZ Industrial Development Authority                                                                                             | Yavapai (County of), AZ Industrial Development Authority, Series 2015 A, Ref. RB                                                                      | CUSIP: 98521VAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $359116.53    | 0.02%             | 2024-09-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| North Caldwell School District                                                                                                                       | North Caldwell School District, Series 2010, Ref. GO Bonds                                                                                            | CUSIP: 658102CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $515595.08    | 0.02%             | 2023-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2006 A, RB                                                                          | CUSIP: 646136JV4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1403901.34   | 0.06%             | 2023-12-15      | Fixed         | 5.25%                 | 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, Series 2013, RB                                                              | CUSIP: 64971QY23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5675000 | PA      | $5693867.11   | 0.24%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                                | New York (City of), NY Transitional Finance Authority, Series 2013 H, RB                                                                              | CUSIP: 64971Q3A9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $328253.22    | 0.01%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                                | New York (City of), NY Transitional Finance Authority, Series 2013 H, RB                                                                              | CUSIP: 64971Q3F8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $111029.24    | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                                                                                           | San Mateo Joint Powers Financing Authority, Series 2013, RB                                                                                           | CUSIP: 79904NDM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101587.87    | 0.00%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Albuquerque Municipal School District No 12                                                                                                          | Albuquerque Municipal School District No 12, Series 2017, GO Bonds                                                                                    | CUSIP: 013595UX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1826621.95   | 0.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Oak Independent School District                                                                                                                 | Lone Oak Independent School District, Series 2022, GO Bonds                                                                                           | CUSIP: 542218HJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $341773.13    | 0.01%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport)                                                                               | Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport), Series 2012 D, Ref. RB                                                        | CUSIP: 944514PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9050000 | PA      | $9059491.64   | 0.39%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alvarado Independent School District/TX                                                                                                              | Alvarado Independent School District/TX, Series 2022, GO Bonds                                                                                        | CUSIP: 022357M95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1991924.40   | 0.08%             | 2052-02-15      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                        | North Texas Tollway Authority, Series 2017, RB                                                                                                        | CUSIP: 66285WL53<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55100.89     | 0.00%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pompano Beach (City of), FL (John Knox Village)                                                                                                      | Pompano Beach (City of), FL (John Knox Village), Series 2021 B-2, RB                                                                                  | CUSIP: 732203BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1174501.42   | 0.05%             | 2027-01-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Memorial Sloan Kettering Cancer)                                                                            | New York (State of) Dormitory Authority (Memorial Sloan Kettering Cancer), Series 1998, RB                                                            | CUSIP: 649838JY6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1794949.58   | 0.08%             | 2023-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                                                                                | City of San Antonio TX Electric & Gas Systems Revenue, Series 2017, RB                                                                                | CUSIP: 7962536K3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3349744.17   | 0.14%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                 | District of Columbia, Series 2013, GO Bonds                                                                                                           | CUSIP: 25476FMW5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101210.73    | 0.00%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2017 B, Ref. RB                                                                          | CUSIP: 64577BD76<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528842.30   | 0.06%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                                                                                             | Western Minnesota Municipal Power Agency, Series 2014 A, RB                                                                                           | CUSIP: 958697JJ4<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265531.86    | 0.01%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                                                                                           | Philadelphia Gas Works Co., Series 2016, RB                                                                                                           | CUSIP: 7178238J0<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3436001.88   | 0.15%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar County Hospital District                                                                                                                       | Bexar County Hospital District, Series 2018, GO Bonds                                                                                                 | CUSIP: 088365GF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004556.80   | 0.04%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake (County of), IL                                                                                                                                 | Lake (County of), IL, Series 2020, Ref. RB                                                                                                            | CUSIP: 509300VW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $900000.00    | 0.04%             | 2022-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Industrial Development Authority (Florida Power & Light)                                                                  | Miami-Dade (County of), FL Industrial Development Authority (Florida Power & Light), Series 2021, Ref. VRD RB                                         | CUSIP: 59333CAX5<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2046-05-01      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| Westpark Community Facility District                                                                                                                 | Westpark Community Facility District, Series 2016, Ref. GO Bonds                                                                                      | CUSIP: 96122EAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $989622.51    | 0.04%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Municipal Water Finance Authority                                                                                             | New York (City of), NY Municipal Water Finance Authority, Subseries 2012 A-1, VRD RB                                                                  | CUSIP: 64972F4V5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  14085000 | PA      | $14085000.00  | 0.60%             | 2044-06-15      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                                                             | University of California, Series 2013, RB                                                                                                             | CUSIP: 91412GSN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1253463.67   | 0.05%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2012 B, Ref. RB                                                                                          | CUSIP: 89602NZH0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4665000 | PA      | $4674554.39   | 0.20%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2005 B, RB                                                                          | CUSIP: 6461355T6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023816.20   | 0.04%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                                                                                               | County of Clark Department of Aviation, Series 2014, RB                                                                                               | CUSIP: 18085PQE7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5216738.88   | 0.22%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                        | State of Ohio, Series 2019, RB                                                                                                                        | CUSIP: 677561LC4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |  17165000 | PA      | $17165000.00  | 0.73%             | 2052-01-01      | Variable      | 1.92%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                  | Illinois (State of), Series 2016, GO Bonds                                                                                                            | CUSIP: 452152L82<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2064305.40   | 0.09%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA, Inc.                                                                                                                                           | PEFA, Inc., Series 2019, RB                                                                                                                           | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |  13500000 | PA      | $13832176.95  | 0.59%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Portland Community College District                                                                                                                  | Portland Community College District, Series 2018, GO Bonds                                                                                            | CUSIP: 736688KX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1801835.45   | 0.08%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                                                                  | State of California, Series 2012, GO Bonds                                                                                                            | CUSIP: 13063DW61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10022.13     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Development Bank                                                                                                              | Mississippi (State of) Development Bank, Series 2013, RB                                                                                              | CUSIP: 60534TPV1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.03%             | 2022-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System)                            | Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System), Series 2019 A, RB          | CUSIP: 54628DAC4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    170000 | PA      | $169807.65    | 0.01%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Sumter County Utility Dependent District                                                                                                       | North Sumter County Utility Dependent District, Series 2020, RB                                                                                       | CUSIP: 66272RAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3582405.48   | 0.15%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp. (Sustainable Neighborhood)                                                                                   | New York City Housing Development Corp. (Sustainable Neighborhood), Series 2019, RB                                                                   | CUSIP: 64972EHP7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1869392.57   | 0.08%             | 2059-05-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Building Authority                                                                                                             | New Jersey (State of) Building Authority, Series 2016 A, Ref. RB                                                                                      | CUSIP: 645771YU4<br>LEI: 549300YJLPPJFRLYB368 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057239.50   | 0.04%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Educational Facilities Authority (Higher Education Facilities Trust Fund)                                                      | New Jersey (State of) Educational Facilities Authority (Higher Education Facilities Trust Fund), Series 2014, RB                                      | CUSIP: 646066EG1<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028124.20   | 0.04%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charyl Stockwell Academy                                                                                                                             | Charyl Stockwell Academy, Series 2015, Ref. RB                                                                                                        | CUSIP: 161419AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $59594.56     | 0.00%             | 2023-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX                                                                                                                                   | City of El Paso TX, Series 2016, GO Bonds                                                                                                             | CUSIP: 283734C25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5379856.50   | 0.23%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                                                                                  | Wisconsin Health & Educational Facilities Authority, Series 2014, RB                                                                                  | CUSIP: 97670FBD2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1012684.57   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                                                                                           | Michigan Finance Authority, Series 2022, RB                                                                                                           | CUSIP: 59447TR21<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2252769.03   | 0.10%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                                                                                                   | City of Chicago IL Wastewater Transmission Revenue, Series 2012, RB                                                                                   | CUSIP: 167727TP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3502622.90   | 0.15%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta (City of) & Fulton (County of), GA Recreation Authority                                                                                      | Atlanta (City of) & Fulton (County of), GA Recreation Authority, Series 2007 A, RB                                                                    | CUSIP: 047681MM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5000.00      | 0.00%             | 2022-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Yamhill (County of), OR Hospital Authority (Friendsview)                                                                                             | Yamhill (County of), OR Hospital Authority (Friendsview), Series 2021 B-3, RB                                                                         | CUSIP: 98464UBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1250162.84   | 0.05%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Coatesville Area School District Building Authority                                                                                                  | Coatesville Area School District Building Authority, Series 2018, RB                                                                                  | CUSIP: 190693AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $429229.69    | 0.02%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                                                | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                              | CUSIP: 93978HGC3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2796306.52   | 0.12%             | 2040-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia (KIPP Charter School)                                                                                                           | District of Columbia (KIPP Charter School), Series 2013, RB                                                                                           | CUSIP: 25483VPC2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    165000 | PA      | $167107.43    | 0.01%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                                                                                 | District of Columbia, Series 2012, RB                                                                                                                 | CUSIP: 25483VKG8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    280000 | PA      | $280576.63    | 0.01%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Worcester (City of), MA                                                                                                                              | Worcester (City of), MA, Series 2006, GO Bonds                                                                                                        | CUSIP: 981305V85<br>LEI: 5493006DO0NOILRNNH68 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10012.53     | 0.00%             | 2024-11-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                            | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                     | CUSIP: 6461363E9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3610698.35   | 0.15%             | 2024-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                                                                                      | Casino Reinvestment Development Authority, Inc., Series 2004, RB                                                                                      | CUSIP: 14760PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502138.40   | 0.06%             | 2024-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Savannah (City of), GA Hospital Authority                                                                                                            | Savannah (City of), GA Hospital Authority, Series 2013 A, RB                                                                                          | CUSIP: 804833EY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506799.65    | 0.02%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission                                                                              | Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission, Series 2014 A, Ref. RB                                                       | CUSIP: 603827VX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $321498.17    | 0.01%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Tobacco Settlement Corp.                                                                                                               | Nassau County Tobacco Settlement Corp., Series 2006 A-2, RB                                                                                           | CUSIP: 63166MBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2711694 | PA      | $2655780.61   | 0.11%             | 2026-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Saltillo Public Improvement District                                                                                                                 | Saltillo Public Improvement District, Series 2018, Ref. RB                                                                                            | CUSIP: 79576AAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $164880.02    | 0.01%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                  | State of Washington, Series 2013, GO Bonds                                                                                                            | CUSIP: 93974DBD9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10143680.00  | 0.43%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of)                                                                                                                                 | Louisiana (State of), Series 2022 A, Ref. RB                                                                                                          | CUSIP: 546475VU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3082328.42   | 0.13%             | 2043-05-01      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                           | Illinois (State of) Toll Highway Authority, Series 2013 A, RB                                                                                         | CUSIP: 452252HC6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4607050.42   | 0.20%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem (County of), NJ Pollution Control Financing Authority (Chambers)                                                                               | Salem (County of), NJ Pollution Control Financing Authority (Chambers), Series 2014 A, PCR                                                            | CUSIP: 79410SBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $455245.16    | 0.02%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp.                                                                                                           | Monroe County Industrial Development Corp., Series 2013, RB                                                                                           | CUSIP: 610730AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126210.06    | 0.01%             | 2024-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Prague (City of), MN                                                                                                                             | New Prague (City of), MN, Series 2009 A, GO Bonds                                                                                                     | CUSIP: 648159TP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5008.82      | 0.00%             | 2024-02-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Baldwin (County of), AL Public Building Authority (DHR)                                                                                              | Baldwin (County of), AL Public Building Authority (DHR), Series 2007 A, Revenue Wts.                                                                  | CUSIP: 057864AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10010.36     | 0.00%             | 2028-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Housing Development Authority                                                                                                    | Michigan (State of) Housing Development Authority, Series 2021 A, RB                                                                                  | CUSIP: 59465PAD0<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2584223.95   | 0.11%             | 2025-04-01      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Saltillo Public Improvement District                                                                                                                 | Saltillo Public Improvement District, Series 2018, Ref. RB                                                                                            | CUSIP: 79576AAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $107151.38    | 0.00%             | 2024-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                                                                                             | University of California, Series 2013 AF, RB                                                                                                          | CUSIP: 91412G5P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136597.93    | 0.01%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand (County of), UT School District Local Building Authority                                                                                       | Grand (County of), UT School District Local Building Authority, Series 2019, RB                                                                       | CUSIP: 385375AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $905796.67    | 0.04%             | 2022-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                     | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2003, RB                                                                     | CUSIP: 745190MX3<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    475000 | PA      | $478178.65    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority                                                                                             | St. Paul (City of), MN Housing & Redevelopment Authority, Series 2016 A, Ref. RB                                                                      | CUSIP: 852297BS8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    385000 | PA      | $396899.27    | 0.02%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Florence & Darlington (Counties of), SC Commission for Technical Education                                                                           | Florence & Darlington (Counties of), SC Commission for Technical Education, Series 2014, Ref. RB                                                      | CUSIP: 340168BK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $628946.54    | 0.03%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                       | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                            | CUSIP: 92242SAC7<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    120000 | PA      | $122583.94    | 0.01%             | 2023-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Development Finance Authority                                                                                                    | Oklahoma (State of) Development Finance Authority, Series 2015, RB                                                                                    | CUSIP: 678908X82<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1175530.20   | 0.05%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of)                                                                                                                                | Washington (State of), Series 2014 C, Ref. GO Bonds                                                                                                   | CUSIP: 93974DJK5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3252635.92   | 0.14%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Macon-Bibb (County of), GA Housing Authority (Green Meadows Apartments)                                                                              | Macon-Bibb (County of), GA Housing Authority (Green Meadows Apartments), Series 2021 B, RB                                                            | CUSIP: 55554RAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000385.60   | 0.09%             | 2024-10-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                                                                                                    | City & County of San Francisco CA, Series 2015, GO Bonds                                                                                              | CUSIP: 797646A63<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |    370000 | PA      | $375043.58    | 0.02%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                                                                                         | County of DeKalb GA Water & Sewerage Revenue, Series 2013, RB                                                                                         | CUSIP: 240523XM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101814.99    | 0.00%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma (The)                                                                                                                         | University of Oklahoma (The), Series 2014 C, Ref. RB                                                                                                  | CUSIP: 91476PKL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001859.70   | 0.04%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University)                                                 | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University), Series 2015 B, VRD RB                           | CUSIP: 70917SNX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  58030000 | PA      | $58030000.00  | 2.47%             | 2045-09-01      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |
| Bellwood (Village of), IL                                                                                                                            | Bellwood (Village of), IL, Series 2016 A, Ref. GO Bonds                                                                                               | CUSIP: 080023MR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $226498.86    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing Island Campus, LLC - Texas A&M University-Corpus Christi Island Campus) | New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing Island Campus, LLC - Texas A&M University-Corpus Christi Island Campus), | CUSIP: 64542REV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1300777.77   | 0.06%             | 2023-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (Parish of), LA Sales Tax District                                                                                                         | Jefferson (Parish of), LA Sales Tax District, Series 2019 A, Ref. RB                                                                                  | CUSIP: 474176KR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023801.60   | 0.04%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX                                                                                                                                | Houston (City of), TX, Series 2021 B, Ref. RB                                                                                                         | CUSIP: 44244CRZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.64%             | 2034-05-15      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                 | Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB                                                                                          | CUSIP: 89602NH31<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    485000 | PA      | $490332.04    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue                                                                           | Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, Series 2013, RB                                                           | CUSIP: 5447126B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $913062.60    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Camden (County of), NJ Improvement Authority                                                                                                         | Camden (County of), NJ Improvement Authority, Series 2013 A, Ref. RB                                                                                  | CUSIP: 13281KWX2<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1636127.08   | 0.07%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle (Port of), WA                                                                                                                                | Seattle (Port of), WA, Series 2017 C, RB                                                                                                              | CUSIP: 735389ZM3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    275000 | PA      | $286346.01    | 0.01%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina                                                                                                                         | University of North Carolina, Series 2008 A, RB                                                                                                       | CUSIP: 9147208Q3<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10016.11     | 0.00%             | 2028-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                                                                               | Iowa Finance Authority, Series 2014, RB                                                                                                               | CUSIP: 462466EZ2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1166091.26   | 0.05%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                               | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB                                                                            | CUSIP: 74526QUF7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100669.19    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority                                                                                               | Washington (State of) Health Care Facilities Authority, Series 2012 A, RB                                                                             | CUSIP: 93978HFN0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125702.50    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Mayflower Retirement Community)                                                                                   | Florida Development Finance Corp. (Mayflower Retirement Community), Series 2021, RB                                                                   | CUSIP: 34061WBQ6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $915746.00    | 0.04%             | 2026-06-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund                                                                                                         | Nuveen AMT-Free Municipal Credit Income Fund                                                                                                          | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5750000.00   | 0.24%             | 2029-03-01      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District                                                                                                                         | Imperial Irrigation District, Series 2012 A, Ref. RB                                                                                                  | CUSIP: 452650EP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325643.50    | 0.01%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                                                                                           | City of Los Angeles Department of Airports, Series 2013, RB                                                                                           | CUSIP: 5444353F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1212333.00   | 0.05%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auburn School District No 408 of King & Pierce Counties                                                                                              | Auburn School District No 408 of King & Pierce Counties, Series 2014, GO Bonds                                                                        | CUSIP: 494619CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102360.24    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                                                                                              | Permanent University Fund - Texas A&M University System, Series 2012 A, RB                                                                            | CUSIP: 882117X33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250505.68    | 0.01%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                                                                                | Illinois State Toll Highway Authority, Series 2016, RB                                                                                                | CUSIP: 452252LP2<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067217.30   | 0.05%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville Area School District Building Authority                                                                                                  | Coatesville Area School District Building Authority, Series 2018, RB                                                                                  | CUSIP: 190693AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $403884.56    | 0.02%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waltham (City of), MA                                                                                                                                | Waltham (City of), MA, Series 2008, GO Bonds                                                                                                          | CUSIP: 933254ZU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25027.47     | 0.00%             | 2024-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tacoma (City of), WA Regional Water Supply System                                                                                                    | Tacoma (City of), WA Regional Water Supply System, Series 2013, Ref. RB                                                                               | CUSIP: 87354TBW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253101.43    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                           | Philadelphia (City of), PA, Series 2017 A, Ref. GO Bonds                                                                                              | CUSIP: 717813VG1<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016559.70   | 0.04%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2017 C-1, Ref. RB                                                                         | CUSIP: 59261APW1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    605000 | PA      | $635667.99    | 0.03%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group)                                                        | South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group), Series 2018 C, VRD RB                                  | CUSIP: 83703FLU4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.43%             | 2048-05-01      | Variable      | 2.44%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                                                                                                  | California State Public Works Board, Series 2013, RB                                                                                                  | CUSIP: 13068LCG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1534337.12   | 0.07%             | 2025-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lodi (City of), CA                                                                                                                                   | Lodi (City of), CA, Series 2004 A, COP                                                                                                                | CUSIP: 540279AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10016.88     | 0.00%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                                                                                              | Dallas Fort Worth International Airport, Series 2013, RB                                                                                              | CUSIP: 235036R28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $581458.31    | 0.02%             | 2030-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                                                                                                | Northside Independent School District, Series 2022 B, GO Bonds                                                                                        | CUSIP: 66702RC26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1406650.35   | 0.06%             | 2052-06-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Merrillville (Town of), IN                                                                                                                           | Merrillville (Town of), IN, Series 2016, RB                                                                                                           | CUSIP: 590250AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $377602.78    | 0.02%             | 2026-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                                | Illinois (State of) Finance Authority, Series 2019 A, Ref. RB                                                                                         | CUSIP: 45204E5Y0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    460000 | PA      | $453087.35    | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Municipal Property Corp.                                                                                                                    | Glendale Municipal Property Corp., Series 2012, RB                                                                                                    | CUSIP: 378294EQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570904.99    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                                                                     | California Health Facilities Financing Authority, Series 2018, RB                                                                                     | CUSIP: 13032URF7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1333975.22   | 0.06%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                   | Tennessee Energy Acquisition Corp., Series 2006 A, RB                                                                                                 | CUSIP: 880443BR6<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  15115000 | PA      | $15379131.60  | 0.65%             | 2024-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                                                                                                | Utility Debt Securitization Authority, Series 2015, RB                                                                                                | CUSIP: 91802RBD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506627.85    | 0.02%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp. (Higher Education Facilities- Brown)                                                              | Rhode Island Health and Educational Building Corp. (Higher Education Facilities- Brown), Series 2005 A, VRD RB                                        | CUSIP: 762243MY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27615000 | PA      | $27615000.00  | 1.17%             | 2035-05-01      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                                                        | State of Ohio, Series 2018, GO Bonds                                                                                                                  | CUSIP: 677522YY4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1369344.56   | 0.06%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                                                        | Main Street Natural Gas, Inc., Series 2018 B, RB                                                                                                      | CUSIP: 56035DAL6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994714.00    | 0.04%             | 2048-04-01      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| Port Arthur (Port of), TX Navigation District                                                                                                        | Port Arthur (Port of), TX Navigation District, Subseries 2010 D, VRD RB                                                                               | CUSIP: 735220AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.85%             | 2040-11-01      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| Sparks (City of), NV (Tourism Improvement District No. 1)                                                                                            | Sparks (City of), NV (Tourism Improvement District No. 1), Series 2019 A, Ref. RB                                                                     | CUSIP: 846562AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $227303.12    | 0.01%             | 2024-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Albuquerque Municipal School District No 12                                                                                                          | Albuquerque Municipal School District No 12, Series 2017, GO Bonds                                                                                    | CUSIP: 013595UY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $3120454.40   | 0.13%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                     | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2003 AA, Ref. RB                                                             | CUSIP: 745181N52<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    190000 | PA      | $189992.31    | 0.01%             | 2026-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Beaumont (City of), CA Financing Authority (Improvement Area No. 17A)                                                                                | Beaumont (City of), CA Financing Authority (Improvement Area No. 17A), Series 2013 B, RB                                                              | CUSIP: 074406QU6<br>LEI: 549300T48VOR8NYFNT88 | Long             | DBT              | MUN               | US        |    475000 | PA      | $483636.26    | 0.02%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                                                                                   | Health & Educational Facilities Authority of the State of Missouri, Series 2014, RB                                                                   | CUSIP: 60637AEX6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021165.30   | 0.04%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                               | New York (City of), NY, Series 2012 I, GO Bonds                                                                                                       | CUSIP: 64966JL20<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    360000 | PA      | $360721.76    | 0.02%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority                                                                                                                | Illinois (State of) Finance Authority, Series 2019 A, Ref. RB                                                                                         | CUSIP: 45204E5V6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    405000 | PA      | $400949.88    | 0.02%             | 2023-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                                                                                  | City of New York NY, Series 2014, GO Bonds                                                                                                            | CUSIP: 64966QDZ0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  20540000 | PA      | $20540000.00  | 0.87%             | 2044-03-01      | Variable      | 1.92%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                | Metropolitan Transportation Authority, Series 2012 F, Ref. RB                                                                                         | CUSIP: 59259YTT6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    940000 | PA      | $940999.88    | 0.04%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The))                                                               | Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)), Series 2016, Ref. RB                                          | CUSIP: 72177MRJ8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    105000 | PA      | $104602.32    | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                 | New Jersey (State of) Economic Development Authority, Series 2005 N-1, Ref. RB                                                                        | CUSIP: 6459165E3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6259630.20   | 0.27%             | 2024-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                                                                                     | California Health Facilities Financing Authority, Series 2013, RB                                                                                     | CUSIP: 13033LX51<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    405000 | PA      | $410364.87    | 0.02%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                                                                                        | Commonwealth of Massachusetts, Series 2018, GO Bonds                                                                                                  | CUSIP: 57582RST4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    930000 | PA      | $939019.98    | 0.04%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Water & Power                                                                                                | Los Angeles (City of), CA Department of Water & Power, Series 2013 A, RB                                                                              | CUSIP: 544495ZE7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    805000 | PA      | $806648.72    | 0.03%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (CITGO Petroleum Corp.)                                                                                        | Illinois (State of) Finance Authority (CITGO Petroleum Corp.), Series 2002, RB                                                                        | CUSIP: 451916AH3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    560000 | PA      | $560477.79    | 0.02%             | 2032-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Port of Port Arthur Navigation District                                                                                                              | Port of Port Arthur Navigation District, Series 2010, RB                                                                                              | CUSIP: 735220AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8175000 | PA      | $8175000.00   | 0.35%             | 2040-11-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                                                                           | Illinois Finance Authority, Series 2008, RB                                                                                                           | CUSIP: 45200FEG0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.85%             | 2038-07-01      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| Sun Devil Energy Center LLC                                                                                                                          | Sun Devil Energy Center LLC, Series 2008, RB                                                                                                          | CUSIP: 866690AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $157042.62    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                  | Metropolitan Transportation Authority (Green Bonds), Series 2016 A2, Ref. RB                                                                          | CUSIP: 59261ADQ7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    145000 | PA      | $146769.35    | 0.01%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Willington (Town of), CT                                                                                                                             | Willington (Town of), CT, Series 2006, GO Bonds                                                                                                       | CUSIP: 970616DL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5006.69      | 0.00%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nevada (State of)                                                                                                                                    | Nevada (State of), Series 2012 D, Ref. GO Bonds                                                                                                       | CUSIP: 641461VP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225445.70    | 0.01%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                                                                                               | City of Minneapolis MN, Series 2003, RB                                                                                                               | CUSIP: 603794AA6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   4680000 | PA      | $4680000.00   | 0.20%             | 2033-10-01      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| St. Johns (County of), FL Industrial Development Authority (Vicar's Landing)                                                                         | St. Johns (County of), FL Industrial Development Authority (Vicar's Landing), Series 2021, Ref. RB                                                    | CUSIP: 79041LAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $119086.63    | 0.01%             | 2023-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Jersey City NJ                                                                                                                               | City of Jersey City NJ, Series 2022, GO Notes                                                                                                         | CUSIP: 476576UM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1664530 | PA      | $1698808.17   | 0.07%             | 2023-10-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp. (Sustainable Development)                                                                                    | New York City Housing Development Corp. (Sustainable Development), Series 2021 F-2, RB                                                                | CUSIP: 64972EYZ6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922203.00    | 0.04%             | 2061-05-01      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President