# EDGAR Filing Document

**Accession Number:** 0000718891
**File Stem:** 0001752724-25-176657
**Filing Date:** 2025-7
**Character Count:** 179599
**Document Hash:** 64703005b2194ace3a2adc804c09a1ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-176657.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-176657

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY CALIFORNIA MUNICIPAL TRUST
- **CENTRAL INDEX KEY:** 0000718891

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03725
- **FILM NUMBER:** 251146236

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CALIFORNIA TAX FREE FUND
- **DATE OF NAME CHANGE:** 19900618

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CALIFORNIA TAX EXEMPT MONEY MARKET TRUST
- **DATE OF NAME CHANGE:** 19840408

## Series and Classes Contracts Data

### Fidelity California Limited Term Tax-Free Bond Fund (Series ID: S000005448)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000014849 | Fidelity California Limited Term Tax-Free Bond Fund | FCSTX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® California Limited Term Tax-Free Bond Fund**

**May 31, 2025**

CSI-NPRT1-0725

1.832123.119 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Municipal Securities - 98.1%** | &nbsp;&nbsp;**Municipal Securities - 98.1%** | &nbsp;&nbsp;**Municipal Securities - 98.1%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| California - 97.2%  |  |  |
| Education - 10.6% |  |  |
| CA Mun Fin Auth Student Hsg Rev (Chf Riverside Proj.) 5% 5/15/2027  | 750000 | 770967 |
| CA Mun Fin Auth Student Hsg Rev (Chf Uc Davis Proj.) 5% 5/15/2026  | 3000000 | 3041852 |
| CA Mun Fin Auth Student Hsg Rev (Chf Uc Davis Proj.) 5% 5/15/2027  | 3000000 | 3086727 |
| CA Mun Fin Auth Student Hsg Rev (Chf-Davis II LLC Proj.) Series 2021, 5% 5/15/2026 (Build America Mutual Assurance Co Insured)  | 450000 | 457323 |
| CA Mun Fin Auth Student Hsg Rev (Chf-Davis II LLC Proj.) Series 2021, 5% 5/15/2027 (Build America Mutual Assurance Co Insured)  | 470000 | 486978 |
| CA Mun Fin Auth Student Hsg Rev (Chf-Davis II LLC Proj.) Series 2021, 5% 5/15/2028 (Build America Mutual Assurance Co Insured)  | 375000 | 394405 |
| CA Mun Fin Auth Student Hsg Rev (Chf-Davis II LLC Proj.) Series 2021, 5% 5/15/2029 (Build America Mutual Assurance Co Insured)  | 400000 | 426071 |
| CA Mun Fin Auth Student Hsg Rev (Chf-Davis II LLC Proj.) Series 2021, 5% 5/15/2030 (Build America Mutual Assurance Co Insured)  | 500000 | 538232 |
| California Edl Facs Auth Rev (Pomona College Proj.) 0% 7/1/2028 (b) | 400000 | 364075 |
| California Educational Facilities Authority (Chapman University, CA Proj.) Series 2021 A, 5% 4/1/2026  | 475000 | 483830 |
| California Educational Facilities Authority (Chapman University, CA Proj.) Series 2021 A, 5% 4/1/2027  | 475000 | 494997 |
| California Educational Facilities Authority (Chapman University, CA Proj.) Series 2021 A, 5% 4/1/2028  | 375000 | 398010 |
| California Mun Fin Auth Rev (Biola Univeristy Inc Proj.) Series 2017, 5% 10/1/2025  | 1210000 | 1214534 |
| California Mun Fin Auth Rev (Biola Univeristy Inc Proj.) Series 2017, 5% 10/1/2026  | 355000 | 361951 |
| California Mun Fin Auth Rev (California Baptist Univ Proj.) Series 2016 A, 4% 11/1/2026 (c) | 250000 | 248341 |
| California Mun Fin Auth Rev (University of LA Verne Proj.) 5% 6/1/2028  | 390000 | 403594 |
| California Mun Fn Auth Rev (CA Lutheran University Proj.) 5% 10/1/2025  | 275000 | 275568 |
| California Mun Fn Auth Rev (CA Lutheran University Proj.) 5% 10/1/2026  | 300000 | 305521 |
| California Mun Fn Auth Rev (Natl Uni Sys Man Grp Proj.) 5% 4/1/2026  | 650000 | 660695 |
| California Mun Fn Auth Rev (Natl Uni Sys Man Grp Proj.) 5% 4/1/2027  | 1285000 | 1336805 |
| California Mun Fn Auth Rev (Natl Uni Sys Man Grp Proj.) 5% 4/1/2028  | 2000000 | 2119919 |
| California Mun Fn Auth Rev (Natl Uni Sys Man Grp Proj.) 5% 4/1/2029  | 3000000 | 3233975 |
| California St Univ Rev Series 2016 B 1, 1.6% tender 11/1/2047 (d) | 525000 | 508998 |
| California St Univ Rev Series 2016B 3, 3.125% tender 11/1/2051 (d) | 6000000 | 5990877 |
| California Statewide Communities Development Authority (University of Southern California Proj.) Series 2018, 5% 1/1/2026  | 1090000 | 1103170 |
| California Statewide Communities Development Authority (University of Southern California Proj.) Series 2018, 5% 1/1/2027  | 1900000 | 1965728 |
| Fullerton Public Financing Authority (Marshall B Ketchum Univ Proj.) 4% 2/1/2026  | 210000 | 211281 |
| Fullerton Public Financing Authority (Marshall B Ketchum Univ Proj.) 4% 2/1/2027  | 230000 | 233755 |
| Fullerton Public Financing Authority (Marshall B Ketchum Univ Proj.) 4% 2/1/2028  | 230000 | 236866 |
| Fullerton Public Financing Authority (Marshall B Ketchum Univ Proj.) 4% 2/1/2030  | 385000 | 400975 |
| University CA Revs Series 2023 BM, 5% 5/15/2028  | 3000000 | 3186588 |
| University CA Revs Series 2023 BM, 5% 5/15/2029  | 2350000 | 2541195 |
| University CA Revs Series 2023 BN, 5% 5/15/2029  | 5000000 | 5406801 |
| University CA Revs Series 2024 BW, 5% 5/15/2033  | 10785000 | 12151941 |
| University CA Revs Series 2025 BZ, 5% 5/15/2032  | 3000000 | 3356030 |
|  |  | 58398575 |
| Electric Utilities - 7.2% |  |  |
| Los Angeles CA Wtr & Pwr Rev Series 2018 A, 5% 7/1/2030  | 580000 | 598375 |
| Los Angeles CA Wtr & Pwr Rev Series 2019A, 5% 7/1/2028  | 770000 | 803965 |
| Los Angeles CA Wtr & Pwr Rev Series 2022 B, 5% 7/1/2029  | 500000 | 528112 |
| Los Angeles CA Wtr & Pwr Rev Series 2022 B, 5% 7/1/2031  | 2335000 | 2517098 |
| Los Angeles CA Wtr & Pwr Rev Series 2022 B, 5% 7/1/2032  | 195000 | 211657 |
| Los Angeles CA Wtr & Pwr Rev Series 2023 A, 5% 7/1/2032  | 285000 | 309344 |
| Los Angeles CA Wtr & Pwr Rev Series 2023 D, 5% 7/1/2027  | 500000 | 515397 |
| Los Angeles CA Wtr & Pwr Rev Series 2023E, 5% 7/1/2031  | 1910000 | 2058954 |
| Los Angeles CA Wtr & Pwr Rev Series 2024 E, 5% 7/1/2028  | 250000 | 261028 |
| Los Angeles CA Wtr & Pwr Rev Series 2024 E, 5% 7/1/2031  | 1190000 | 1282804 |
| Los Angeles CA Wtr & Pwr Rev Series 2024A, 5% 7/1/2029  | 725000 | 765762 |
| Los Angeles CA Wtr & Pwr Rev Series 2024A, 5% 7/1/2035  | 125000 | 134523 |
| Los Angeles CA Wtr & Pwr Rev Series 2025 A, 5% 7/1/2030  | 1000000 | 1067785 |
| Los Angeles CA Wtr & Pwr Rev Series 2025 A, 5% 7/1/2031  | 1500000 | 1616980 |
| Middle Fork Project Finance Authority 5% 4/1/2030  | 1200000 | 1261125 |
| Sacramento CA Muni Util Dist Elec Rev Series 2023D, 5% tender 8/15/2049 (d) | 6000000 | 6498876 |
| Santa Clara CA Elec Rev Series 2024A, 5% 7/1/2032  | 1200000 | 1368123 |
| Santa Clara CA Elec Rev Series 2024A, 5% 7/1/2033  | 600000 | 690255 |
| Southern CA Pub Pwr Auth Proj (Southern Ca Pub Pwr Auth Proj.) 0.65% tender 7/1/2040 (d) | 7325000 | 7309821 |
| Turlock CA Series 2020, 5% 1/1/2026  | 4995000 | 5063037 |
| Vernon Calif Elec Sys Rev Series 2021 A, 5% 4/1/2026  | 1000000 | 1013037 |
| Vernon Calif Elec Sys Rev Series 2021 A, 5% 4/1/2028  | 1500000 | 1561651 |
| Vernon Calif Elec Sys Rev Series 2022A, 5% 8/1/2025  | 500000 | 501166 |
| Vernon Calif Elec Sys Rev Series 2022A, 5% 8/1/2026  | 600000 | 611102 |
| Vernon Calif Elec Sys Rev Series 2022A, 5% 8/1/2029  | 1055000 | 1120379 |
|  |  | 39670356 |
| Escrowed/Pre-Refunded - 4.1% |  |  |
| California St Pub Wks Brd Lse Series B, 5% 10/1/2026 (Escrowed to Maturity)  | 20000 | 20599 |
| Coast Communit College Dist CA Gen. Oblig. Series 2015, 0% 8/1/2033 (Pre-refunded to 8/15/2025 at 71.27) (b) | 950000 | 672776 |
| Coast Communit College Dist CA Gen. Oblig. Series 2015, 0% 8/1/2035 (Pre-refunded to 8/15/2025 at 64.82) (b) | 300000 | 193233 |
| Golden State Tobacco Securitization Corp. Tobacco Settlement 0% 6/1/2026 (Escrowed to Maturity) (b) | 500000 | 484955 |
| Golden State Tobacco Securitization Corp. Tobacco Settlement 0% 6/1/2027 (Escrowed to Maturity) (b) | 5000000 | 4706756 |
| Golden State Tobacco Securitization Corp. Tobacco Settlement 5% 6/1/2026  | 500000 | 510163 |
| Golden State Tobacco Securitization Corp. Tobacco Settlement 5% 6/1/2028 (Pre-refunded to 6/1/2027 at 100)  | 1805000 | 1880218 |
| Los Angeles CA Uni Sch Dist Cp 5% 10/1/2029 (Escrowed to Maturity)  | 2825000 | 3067985 |
| Los Angeles CA Uni Sch Dist Cp 5% 10/1/2030 (Escrowed to Maturity)  | 2975000 | 3276635 |
| San Diego CA Uni Sch Dist Series 2009 1, 0% 7/1/2030 (Escrowed to Maturity) (b) | 1050000 | 887821 |
| San Joaquin Hills CA Transn Corridor Agy Toll Rd Rev 0% 1/1/2026 (Escrowed to Maturity) (b) | 7300000 | 7179126 |
|  |  | 22880267 |
| General Obligations - 45.4% |  |  |
| Acton-Agua Dulce Uni Sch Dist Calif 0% 8/1/2032 (Assured Guaranty Municipal Corp Insured) (b) | 1795000 | 1397863 |
| Anaheim Calif City Sch Dist 0% 8/1/2029 (b) | 875000 | 759915 |
| Antelope Valley CA Cmnty College Dist Gen. Oblig. Series 2026, 0% 8/1/2031 (e) | 1015000 | 1079708 |
| Azusa Calif Uni Sch Dist Series 2002, 0% 7/1/2026 (Assured Guaranty Municipal Corp Insured) (b) | 1125000 | 1082110 |
| California Community Choice Financing Authority 5% 12/1/2027 (Athene Annuity And Life Company Guaranteed)  | 180000 | 185303 |
| California Community Choice Financing Authority 5% 12/1/2028 (Athene Annuity And Life Company Guaranteed)  | 240000 | 249151 |
| California Community Choice Financing Authority 5% 12/1/2029 (Athene Annuity And Life Company Guaranteed)  | 240000 | 250927 |
| California Community Choice Financing Authority 5% 12/1/2030 (Athene Annuity And Life Company Guaranteed)  | 290000 | 305021 |
| California Community Choice Financing Authority 5% 12/1/2031 (Athene Annuity And Life Company Guaranteed)  | 325000 | 342554 |
| California Community Choice Financing Authority 5% 12/1/2032 (Athene Annuity And Life Company Guaranteed)  | 545000 | 571638 |
| California Community Choice Financing Authority 5% tender 1/1/2055 (Athene Annuity And Life Company Guaranteed) (d) | 1600000 | 1644873 |
| California Community Choice Financing Authority 5% tender 2/1/2055 (Morgan Stanley Guaranteed) (d) | 2410000 | 2530129 |
| California Community Choice Financing Authority 5% tender 2/1/2055 (Royal Bank of Canada Guaranteed) (d) | 5075000 | 5373499 |
| California Community Choice Financing Authority 5.25% tender 11/1/2054 (Goldman Sachs Group Inc/The Guaranteed) (d) | 1160000 | 1216802 |
| California Community Choice Financing Authority Series 2023 F, 5.5% tender 10/1/2054 (National Bank of Canada Guaranteed) (d) | 1150000 | 1222354 |
| California Community Choice Financing Authority Series 2024C, 5% tender 8/1/2055 (American General Life Insurance Co Guaranteed) (d) | 3000000 | 3124119 |
| California Community Choice Financing Authority Series 2024G, 5% tender 11/1/2055 (Athene Annuity And Life Company Guaranteed) (d) | 1520000 | 1562803 |
| California Mun Fin Auth Lease Rev (Orange County CA Proj.) Series 2017A, 5% 6/1/2030  | 2650000 | 2755055 |
| California St Pub Wks Brd Lse 5% 8/1/2026  | 6255000 | 6408558 |
| California St Pub Wks Brd Lse 5% 8/1/2027  | 5165000 | 5399030 |
| California St Pub Wks Brd Lse 5% 8/1/2028  | 3175000 | 3379717 |
| California St Pub Wks Brd Lse Series 2016D, 5% 4/1/2028  | 4635000 | 4752473 |
| California St Pub Wks Brd Lse Series 2021 D, 4% 11/1/2026  | 2905000 | 2952220 |
| California St Pub Wks Brd Lse Series 2021 D, 5% 11/1/2027  | 3555000 | 3733681 |
| California St Pub Wks Brd Lse Series 2021 D, 5% 11/1/2028  | 3745000 | 4002749 |
| California St Pub Wks Brd Lse Series 2023B, 5% 12/1/2029  | 5000000 | 5431883 |
| California St Pub Wks Brd Lse Series B, 5% 10/1/2026  | 325000 | 334157 |
| Cerritos CA Cmnty College Dist Gen. Oblig. Series 2012 D, 0% 8/1/2028 (b) | 740000 | 671048 |
| El Camino CA Hosp Dist Gen. Oblig. 0% 8/1/2029 (National Public Finance Guarantee Corporation Insured) (b) | 5000000 | 4356623 |
| Evergreen Calif Elem Sch Dist (Evergreen Calif Sch Dist Proj.) Series 2009B, 0% 8/1/2027 (b) | 1240000 | 1159342 |
| Fort Bragg Calif Uni Sch Dist 0% 8/1/2030 (Ambac Assurance Corp Insured) (b) | 1000000 | 834898 |
| Garvey CA Sch Dist Series 2004 B, 0% 8/1/2030 (b) | 1625000 | 1353272 |
| Kingsburg CA Joint Uni High Sch Dist 0% 8/1/2032 (Assured Guaranty Municipal Corp Insured) (b) | 1170000 | 912425 |
| Long Beach CA Uni Sch Dist 0% 8/1/2029 (Assured Guaranty Inc Insured)  | 3995000 | 3476667 |
| Long Beach CA Uni Sch Dist Series D 1, 0% 8/1/2029 (b) | 1915000 | 1630610 |
| Los Angeles CA Uni Sch Dist Cp 5% 10/1/2029  | 1925000 | 2090839 |
| Los Angeles CA Uni Sch Dist Cp 5% 10/1/2030  | 2025000 | 2224341 |
| Los Angeles Cnty CA Pub Wks (Los Angeles Cnty Calif Proj.) 5% 12/1/2025  | 1500000 | 1515858 |
| Los Angeles Cnty CA Pub Wks (Los Angeles Cnty Calif Proj.) 5% 12/1/2026  | 1750000 | 1808723 |
| Los Angeles Cnty CA Pub Wks (Los Angeles Cnty Calif Proj.) 5% 12/1/2027  | 3375000 | 3558667 |
| Los Angeles Cnty CA Pub Wks (Los Angeles Cnty Calif Proj.) 5% 12/1/2027  | 1875000 | 1977037 |
| Los Angeles Cnty CA Pub Wks (Los Angeles Cnty Calif Proj.) 5% 12/1/2028  | 1625000 | 1743730 |
| Los Angeles Unified School District/CA Series 2016B, 2% 7/1/2029  | 465000 | 434040 |
| Los Angeles Unified School District/CA Series 2024A, 5% 7/1/2028  | 2000000 | 2131596 |
| Montebello Calif Pub Fing Auth Rev (City of Montebello CA Proj.) 5% 6/1/2027  | 1415000 | 1443311 |
| Montebello Calif Pub Fing Auth Rev (City of Montebello CA Proj.) 5% 6/1/2028  | 1490000 | 1518908 |
| Montebello Calif Pub Fing Auth Rev (City of Montebello CA Proj.) 5% 6/1/2029  | 1560000 | 1589770 |
| Monterey Peninsula CA Cmnty College Dist Gen. Oblig. Series 2016, 0% 8/1/2032 (b) | 545000 | 417901 |
| Mountain View Calif Sch Dist Sch Facs Impt Dist No 2 San Bernardino Cnty Series 2024, 0% 7/1/2029 (b) | 5000000 | 4281439 |
| Mt Diablo CA Unified Sch Dist 4% 8/1/2027  | 3000000 | 3076449 |
| Napa Valley CA Cmnty College Dist Gen. Oblig. 0% 8/1/2027 (National Public Finance Guarantee Corporation Insured) (b) | 1025000 | 958736 |
| Napa Valley CA Uni Sch Dist 0% 8/1/2027 (b) | 2065000 | 1929857 |
| Newport Mesa CA Uni Sch Dist Series 2007, 0% 8/1/2029 (National Public Finance Guarantee Corporation Insured) (b) | 3915000 | 3419630 |
| Oakland CA Uni Sch Dist Alameda Cnty Series 2016, 5% 8/1/2026  | 1725000 | 1763023 |
| Oakland CA Uni Sch Dist Alameda Cnty Series 2016, 5% 8/1/2029  | 940000 | 959233 |
| Palm Springs CA Uni Sch Dist Series A, 1.25% 8/1/2030 (Assured Guaranty Municipal Corp Insured)  | 1895000 | 1638289 |
| Palmdale Calif Sch Dist 0% 2/1/2027 (National Public Finance Guarantee Corporation Insured) (b) | 1400000 | 1328973 |
| Palo Alto Calif Uni Sch Dist 0% 8/1/2031 (b) | 965000 | 794381 |
| Palomar Calif Cmnty College Dist Series 2010B, 0% 8/1/2029 (b) | 1015000 | 889117 |
| Palomar Pomerado Health Calif (Palomar Health Calif Proj.) Gen. Oblig. 0% 8/1/2031 (Assured Guaranty Municipal Corp Insured) (b) | 800000 | 597136 |
| Pasadena CA Uni Sch Dist Series C, 5% 8/1/2029  | 1300000 | 1413928 |
| Placentia-Yorba Linda CA Usd Series CAB, 0% 8/1/2027 (b) | 1905000 | 1775028 |
| Poway CA Unified Sch Dist 0% 8/1/2026 (b) | 2145000 | 2069935 |
| Rio Hondo Calif Cmnty College Dist Series 2010C, 0% 8/1/2029 (b) | 1800000 | 1564535 |
| Robla CA Sch Dist 0% 8/1/2031 (National Public Finance Guarantee Corporation Insured) (b) | 2235000 | 1791419 |
| Sacramento CA City Uni Sch Dis 4% 7/1/2026 (Assured Guaranty Municipal Corp Insured)  | 1100000 | 1115100 |
| Sacramento CA City Uni Sch Dis 4% 7/1/2027 (Assured Guaranty Municipal Corp Insured)  | 350000 | 358649 |
| Sacramento CA City Uni Sch Dis 4% 7/1/2028 (Assured Guaranty Municipal Corp Insured)  | 625000 | 647103 |
| Sacramento CA City Uni Sch Dis 4% 7/1/2029 (Assured Guaranty Municipal Corp Insured)  | 250000 | 260755 |
| Sacramento CA City Uni Sch Dis 5% 7/1/2026 (Build America Mutual Assurance Co Insured)  | 1415000 | 1449387 |
| Sacramento CA City Uni Sch Dis 5% 7/1/2027 (Build America Mutual Assurance Co Insured)  | 1825000 | 1906744 |
| Sacramento CA City Uni Sch Dis 5% 7/1/2028 (Build America Mutual Assurance Co Insured)  | 2250000 | 2395536 |
| Sacramento CA City Uni Sch Dis 5% 7/1/2029 (Build America Mutual Assurance Co Insured)  | 2750000 | 2975666 |
| Sacramento CA City Uni Sch Dis 5% 7/1/2030 (Build America Mutual Assurance Co Insured)  | 1575000 | 1728877 |
| Sacramento CA City Uni Sch Dis Series 2007, 0% 7/1/2027 (Assured Guaranty Municipal Corp Insured) (b) | 1455000 | 1364552 |
| Sacramento CA City Uni Sch Dis Series 2014, 5% 7/1/2025  | 50000 | 50040 |
| San Diego CA Pub Facs Fing Auth Lease Rev (San Diego CA Proj.) Series B, 5% 10/15/2025  | 1605000 | 1618020 |
| San Lorenzo Valley CA Uni Sch Dist Santa Cruz Cnty Series 2004, 0% 8/1/2028 (National Public Finance Guarantee Corporation Insured) (b) | 1485000 | 1342442 |
| San Lorenzo Valley CA Uni Sch Dist Santa Cruz Cnty Series 2004, 0% 8/1/2029 (National Public Finance Guarantee Corporation Insured) (b) | 3500000 | 3050885 |
| San Mateo CA Unified Sch Dist 0% 9/1/2028 (National Public Finance Guarantee Corporation Insured) (b) | 6750000 | 6125403 |
| San Mateo Cnty Calif Cmnty Col Dist Gen. Oblig. 0% 9/1/2026 (National Public Finance Guarantee Corporation Insured) (b) | 3505000 | 3375755 |
| San Mateo Cnty Calif Cmnty Col Dist Gen. Oblig. 0% 9/1/2028 (National Public Finance Guarantee Corporation Insured) (b) | 7945000 | 7193703 |
| Santa Monica CA Cmnty College Dist Gen. Oblig. 0% 5/1/2028 (National Public Finance Guarantee Corporation Insured) (b) | 300000 | 274538 |
| Southern CA Pub Pwr Auth Series 2024 A, 5% tender 4/1/2055 (American General Life Insurance Co Guaranteed) (d) | 1000000 | 1036583 |
| State of California Gen. Oblig. 3% 10/1/2032  | 595000 | 563384 |
| State of California Gen. Oblig. 4% 9/1/2029  | 1515000 | 1576785 |
| State of California Gen. Oblig. 5% 10/1/2028  | 5000000 | 5351685 |
| State of California Gen. Oblig. 5% 10/1/2028  | 1845000 | 1974772 |
| State of California Gen. Oblig. 5% 11/1/2026  | 2000000 | 2063127 |
| State of California Gen. Oblig. 5% 11/1/2028  | 5000000 | 5359279 |
| State of California Gen. Oblig. 5% 11/1/2030  | 1060000 | 1169778 |
| State of California Gen. Oblig. 5% 11/1/2031  | 2990000 | 3288473 |
| State of California Gen. Oblig. 5% 3/1/2030  | 2000000 | 2186651 |
| State of California Gen. Oblig. 5% 3/1/2031  | 2000000 | 2215880 |
| State of California Gen. Oblig. 5% 3/1/2032  | 5500000 | 6154765 |
| State of California Gen. Oblig. 5% 8/1/2032  | 6000000 | 6739399 |
| State of California Gen. Oblig. 5% 9/1/2030  | 5000000 | 5505052 |
| State of California Gen. Oblig. 5% 9/1/2030  | 1550000 | 1585201 |
| State of California Gen. Oblig. 5% 9/1/2032  | 10070000 | 11318351 |
| State of California Gen. Oblig. 5% 9/1/2034  | 5335000 | 6048990 |
| State of California Gen. Oblig. Series 2016, 5% 8/1/2027  | 2000000 | 2045989 |
| State of California Gen. Oblig. Series 2017, 5% 8/1/2026  | 5170000 | 5303515 |
| West Contra Costa Calif Uni Sch Dist (West Contra Costa Unified School District Proj.) 0% 8/1/2027 (National Public Finance Guarantee Corporation Insured) (b) | 530000 | 493735 |
| West Contra Costa Calif Uni Sch Dist (West Contra Costa Unified School District Proj.) 4% 8/1/2025 (Assured Guaranty Municipal Corp Insured)  | 400000 | 400512 |
| West Contra Costa Calif Uni Sch Dist (West Contra Costa Unified School District Proj.) 4% 8/1/2027 (Assured Guaranty Municipal Corp Insured)  | 600000 | 614485 |
| West Contra Costa Calif Uni Sch Dist (West Contra Costa Unified School District Proj.) Series 2020 E, 4% 8/1/2025 (Assured Guaranty Municipal Corp Insured)  | 500000 | 500641 |
| West Contra Costa Calif Uni Sch Dist (West Contra Costa Unified School District Proj.) Series 2020 E, 4% 8/1/2027 (Assured Guaranty Municipal Corp Insured)  | 650000 | 665692 |
| West Contra Costa Unified School District Series 2024 B TENDER, 4% 8/1/2029 (Build America Mutual Assurance Co Insured)  | 360000 | 374126 |
| West Contra Costa Unified School District Series 2024 B TENDER, 4% 8/1/2030 (Build America Mutual Assurance Co Insured)  | 850000 | 886605 |
| West Contra Costa Unified School District Series 2024 B TENDER, 5% 8/1/2031 (Build America Mutual Assurance Co Insured)  | 1500000 | 1667225 |
| West Contra Costa Unified School District Series 2024 B TENDER, 5% 8/1/2032 (Build America Mutual Assurance Co Insured)  | 500000 | 560413 |
| West Contra Costa Unified School District Series 2024 B, 5% 8/1/2032 (Build America Mutual Assurance Co Insured)  | 325000 | 364268 |
| West Contra Costa Unified School District Series 2024 B, 5% 8/1/2033 (Build America Mutual Assurance Co Insured)  | 300000 | 338075 |
| West Contra Costa Unified School District Series 2024A, 4% 8/1/2029 (Build America Mutual Assurance Co Insured)  | 300000 | 311771 |
| West Contra Costa Unified School District Series 2024A, 4% 8/1/2030 (Build America Mutual Assurance Co Insured)  | 715000 | 745791 |
| West Contra Costa Unified School District Series 2024A, 4% 8/1/2031 (Build America Mutual Assurance Co Insured)  | 765000 | 799641 |
| West Contra Costa Unified School District Series 2024A, 4% 8/1/2032 (Build America Mutual Assurance Co Insured)  | 1000000 | 1045263 |
| West Contra Costa Unified School District Series 2024A, 4% 8/1/2033 (Build America Mutual Assurance Co Insured)  | 1500000 | 1565903 |
| Westminster School District 0% 8/1/2025 (Assured Guaranty Inc Insured) (b) | 925000 | 920096 |
|  |  | 250124062 |
| Health Care - 12.3% |  |  |
| California Health Facilities Financing Authority (Adventist Health System-West Proj.) Series 2016A, 4% 3/1/2027  | 475000 | 476420 |
| California Health Facilities Financing Authority (Cedars-Sinai Medical Center,Ca Proj.) Series 2015, 5% 11/15/2025  | 675000 | 680830 |
| California Health Facilities Financing Authority (Childrens Hospital CA Proj.) Series 2021A, 5% 11/1/2025  | 500000 | 504230 |
| California Health Facilities Financing Authority (Childrens Hospital CA Proj.) Series 2021A, 5% 11/1/2026  | 300000 | 309249 |
| California Health Facilities Financing Authority (Childrens Hospital CA Proj.) Series 2021A, 5% 11/1/2027  | 200000 | 211145 |
| California Health Facilities Financing Authority (Childrens Hospital CA Proj.) Series 2021B, 5% 11/1/2026  | 250000 | 257707 |
| California Health Facilities Financing Authority (Childrens Hospital CA Proj.) Series 2021B, 5% 11/1/2027  | 600000 | 633434 |
| California Health Facilities Financing Authority (Childrens Hospital Ca Proj.) Series 2024B, 5% tender 11/1/2054 (d) | 4735000 | 5226960 |
| California Health Facilities Financing Authority (Lucile Salter Packrd Chil Hosp Proj.) 5% 5/15/2026  | 1000000 | 1021015 |
| California Health Facilities Financing Authority (Lucile Salter Packrd Chil Hosp Proj.) 5% 5/15/2027  | 275000 | 287014 |
| California Health Facilities Financing Authority (Providence Health Systems Proj.) 2% tender 10/1/2036 (d) | 12985000 | 12899135 |
| California Health Facilities Financing Authority (Providence Health Systems Proj.) 5% 7/1/2032  | 1335000 | 1499339 |
| California Health Facilities Financing Authority (Providence Health Systems Proj.) Series 2019 B, 5% tender 10/1/2039 (d) | 5625000 | 5787624 |
| California Health Facilities Financing Authority (Scripps Health, Sys Proj.) Series 2024B 2, 5% tender 11/15/2061 (d) | 5000000 | 5503148 |
| California Mun Fin Auth Rev (Channing House Proj.) 4% 5/15/2028 (California Mortgage Insurance Guaranteed)  | 2000000 | 2036340 |
| California Mun Fin Auth Rev (Channing House Proj.) 5% 5/15/2026 (California Mortgage Insurance Guaranteed)  | 360000 | 367463 |
| California Mun Fin Auth Rev (Channing House Proj.) 5% 5/15/2027 (California Mortgage Insurance Guaranteed)  | 350000 | 365291 |
| California Mun Fin Auth Rev (Eisenhower Medical Center Proj.) 5% 7/1/2026  | 1065000 | 1076375 |
| California Mun Fin Auth Rev (Eisenhower Medical Center Proj.) 5% 7/1/2027  | 1235000 | 1270020 |
| California Mun Fin Auth Rev (Eisenhower Medical Center Proj.) 5% 7/1/2029  | 115000 | 117457 |
| California Mun Fin Auth Rev (Eisenhower Medical Center Proj.) Series 2017 B, 5% 7/1/2026  | 500000 | 505340 |
| California Mun Fin Auth Rev (Eisenhower Medical Center Proj.) Series 2017 B, 5% 7/1/2027  | 640000 | 658148 |
| California Mun Fin Auth Rev (Institute on Aging Proj.) 5% 8/15/2025 (California Mortgage Insurance Guaranteed)  | 995000 | 998517 |
| California Mun Fin Auth Rev (Institute on Aging Proj.) 5% 8/15/2026 (California Mortgage Insurance Guaranteed)  | 275000 | 282239 |
| California Mun Fin Auth Rev (Northbay Healthcare Group Proj.) Series 2017 A, 5% 11/1/2025  | 745000 | 745512 |
| California Mun Fin Auth Sr Living Rev (MT San Antonio Gardens Proj.) Series 2019, 4% 11/15/2025  | 630000 | 627541 |
| California Mun Fin Auth Sr Living Rev (MT San Antonio Gardens Proj.) Series 2019, 4% 11/15/2028  | 710000 | 701601 |
| California Mun Fn Auth Rev (Prs CA Obligated Gr Proj.) Series 2024A, 5% 4/1/2027  | 365000 | 375392 |
| California Mun Fn Auth Rev (Prs CA Obligated Gr Proj.) Series 2024A, 5% 4/1/2028  | 305000 | 318125 |
| California Mun Fn Auth Rev (Prs CA Obligated Gr Proj.) Series 2024A, 5% 4/1/2029  | 250000 | 263992 |
| California Mun Fn Auth Rev (Prs CA Obligated Gr Proj.) Series 2024A, 5% 4/1/2030  | 200000 | 213195 |
| California Mun Fn Auth Rev (Prs CA Obligated Gr Proj.) Series 2024A, 5% 4/1/2031  | 210000 | 225279 |
| California Mun Fn Auth Rev (Prs CA Obligated Gr Proj.) Series 2024A, 5% 4/1/2032  | 315000 | 338894 |
| California Pub Fin Auth Rev (Henry Mayo Newhall Mem Hosp,Ca Proj.) Series 2021A, 4% 10/15/2025  | 390000 | 389684 |
| California Pub Fin Auth Rev (Sharp Healthcare System, CA Proj.) 5% 8/1/2030  | 5500000 | 6078509 |
| California Statewide Community Development Authority Rev (Adventist Health System-West Proj.) Series 2018 A, 5% 3/1/2027  | 555000 | 569579 |
| California Statewide Community Development Authority Rev (Beverly Hospital Proj.) Series 2015, 4% (f)(g) | 245233 | 208448 |
| California Statewide Community Development Authority Rev (Beverly Hospital Proj.) Series 2015, 5% (f)(g) | 52177 | 44350 |
| California Statewide Community Development Authority Rev (Front Porch Community CA Proj.) Series 2021 A, 5% 4/1/2026  | 380000 | 384170 |
| California Statewide Community Development Authority Rev (Front Porch Community CA Proj.) Series 2021 A, 5% 4/1/2027  | 600000 | 615152 |
| California Statewide Community Development Authority Rev (Front Porch Community CA Proj.) Series 2021 A, 5% 4/1/2028  | 425000 | 440811 |
| California Statewide Community Development Authority Rev (Front Porch Community CA Proj.) Series 2021 A, 5% 4/1/2029  | 625000 | 654918 |
| California Statewide Community Development Authority Rev (Front Porch Community CA Proj.) Series 2021 A, 5% 4/1/2030  | 440000 | 464866 |
| California Statewide Community Development Authority Rev (Front Porch Community CA Proj.) Series 2021 A, 5% 4/1/2031  | 450000 | 478939 |
| California Statewide Community Development Authority Rev (Huntington Mem Hosp Proj.) Series 2018, 5% 7/1/2025  | 625000 | 625924 |
| California Statewide Community Development Authority Rev (John Muir Medical Ctr, CA Proj.) Series 2024A, 5% 12/1/2028  | 910000 | 972659 |
| California Statewide Community Development Authority Rev (John Muir Medical Ctr, CA Proj.) Series 2024A, 5% 12/1/2029  | 1240000 | 1343243 |
| California Statewide Community Development Authority Rev (John Muir Medical Ctr, CA Proj.) Series 2024A, 5% 12/1/2030  | 1250000 | 1370339 |
| California Statewide Community Development Authority Rev (Redlands Community Hospital Proj.) 5% 10/1/2025  | 1010000 | 1014556 |
| Upland CA Ctfs Partn (San Antonio Community Hosp,Ca Proj.) 5% 1/1/2026  | 500000 | 504019 |
| Upland CA Ctfs Partn (San Antonio Community Hosp,Ca Proj.) 5% 1/1/2028  | 1000000 | 1039625 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2019 A, 5% 7/1/2025  | 500000 | 500267 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2019 A, 5% 7/1/2026  | 935000 | 944888 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2019 A, 5% 7/1/2027  | 1090000 | 1117604 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2020 A, 5% 7/1/2025  | 200000 | 200147 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2020 A, 5% 7/1/2026  | 250000 | 253437 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2020 A, 5% 7/1/2027  | 375000 | 386775 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2020 A, 5% 7/1/2028  | 400000 | 418003 |
| Washington Twp CA Health Care Dist Rev (Washington Twp CA Health Care Dist Proj.) Series 2020 A, 5% 7/1/2029  | 350000 | 368997 |
|  |  | 68173880 |
| Housing - 2.3% |  |  |
| California Hsg Fin Agy Affordable Hsg Rev (Ca Mhsg Rev 2023 Proj.) 3.25% tender 8/1/2064 (d) | 4000000 | 4000280 |
| California Hsg Fin Agy Affordable Hsg Rev (Ca Mhsg Rev 2023 Proj.) Series 2023A 2, 3.6% tender 8/1/2063 (d) | 2500000 | 2504697 |
| California Mun Fin Auth Multifamily Hsg Rev Series 2024 A 1, 5% tender 6/1/2056 (d) | 2000000 | 2092744 |
| California Mun Fin Auth Multifamily Hsg Rev Series 2024A, 3.2% tender 9/1/2045 (d) | 1355000 | 1343129 |
| Los Angeles Cnty Calif Dev Auth Multifamily Hsg Rev (La County West La Va 156/157 Proj.) Series 2023C, 3.75% tender 12/1/2046 (d) | 3000000 | 3005090 |
|  |  | 12945940 |
| Lease Revenue - 0.0% |  |  |
| California Infrastructure & Economic Dev Bank Lease Rev (California State Teachers' Retirement System Proj.) 5% 8/1/2027  | 300000 | 314144 |
| Other - 2.2% |  |  |
| California Infrastructure & Economic Development Bank (CA Academy of Science Proj.) Series 2024A, 3.25% 8/1/2029  | 3000000 | 2997332 |
| California Infrastructure & Economic Development Bank (Los Angeles County Museum Of Art Proj.) 1.2% tender 12/1/2050 (d) | 7665000 | 6951021 |
| California Infrastructure & Economic Development Bank (Segerstrom Ctr For The Arts Proj.) Series 2024, 5% 1/1/2032  | 1885000 | 2057275 |
|  |  | 12005628 |
| Special Tax - 1.7% |  |  |
| Elk Grove CA Fin Auth Spl Tax (Elk Grove Cfd E Frank & Poppy Proj.) Series 2015, 5% 9/1/2027  | 150000 | 150710 |
| Elk Grove CA Fin Auth Spl Tax (Elk Grove Cfd Laguna Ridge Proj.) 4% 9/1/2025  | 1915000 | 1916002 |
| Pittsburg Successor Agency Redevelopment Agency Series A, 5% 9/1/2026 (Assured Guaranty Municipal Corp Insured)  | 3610000 | 3698778 |
| Rancho Cucamonga Redevelopment Agency Successor Agency Series 2024, 5% 9/1/2030  | 2000000 | 2205687 |
| Sacramento Calif Transient Occupancy Tax Rev Series 2018 A, 5% 6/1/2026  | 900000 | 920298 |
| Sacramento Calif Transient Occupancy Tax Rev Series 2018 A, 5% 6/1/2031  | 500000 | 526106 |
|  |  | 9417581 |
| Synthetics - 0.1% |  |  |
| Los Angeles CA Wtr & Pwr Participating VRDN Series 2023 XM1153, 2.12% 7/1/2048 (Liquidity Facility Barclays Bank PLC) (d)(h) | 1000000 | 1000000 |
| Tobacco Bonds - 0.2% |  |  |
| California Tobacco Securitization (Los Angeles Cnty Tobc Settlement Proj.) 5% 6/1/2026  | 500000 | 506325 |
| Tobacco Securitization South CA Tobacco Settlement Rev 5% 6/1/2027  | 500000 | 513148 |
|  |  | 1019473 |
| Transportation - 6.0% |  |  |
| Bay Area Toll Auth CA Bridge Rev 2% tender 4/1/2056 (d) | 11900000 | 11389657 |
| Bay Area Toll Auth CA Bridge Rev 2.95% tender 4/1/2047 (d) | 1785000 | 1777684 |
| Bay Area Toll Auth CA Bridge Rev Series 2018 A, 2.625% tender 4/1/2045 (d) | 7300000 | 7250843 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2026  | 7000000 | 7140459 |
| Sacramento Cnty CA Arpt Sys Rv 5% 7/1/2026  | 370000 | 378373 |
| Sacramento Cnty CA Arpt Sys Rv Series 2018 E, 5% 7/1/2028  | 745000 | 793288 |
| Sacramento Cnty CA Arpt Sys Rv Series 2020, 5% 7/1/2027  | 830000 | 867252 |
| Sacramento Cnty CA Arpt Sys Rv Series 2020, 5% 7/1/2028  | 700000 | 745372 |
| San Diego Association of Governments South Bay Expressway Revenue (South Bay Expressway Proj.) Series 2017 A, 5% 7/1/2026  | 1450000 | 1480166 |
| San Diego Cnty CA Reg Arpt Auth Arpt Rev Series 2020B, 5% 7/1/2029  | 1025000 | 1109284 |
|  |  | 32932378 |
| Water & Sewer - 5.1% |  |  |
| Bay Area Water Supply & Conservation Agency Series 2023 A, 5% 10/1/2026  | 1000000 | 1031536 |
| Bay Area Water Supply & Conservation Agency Series 2023 A, 5% 10/1/2027  | 1000000 | 1053420 |
| Bay Area Water Supply & Conservation Agency Series 2023 A, 5% 10/1/2028  | 1000000 | 1074225 |
| Eastern Municipal Water District Financing Authority 5% 7/1/2026  | 250000 | 256426 |
| Eastern Municipal Water District Financing Authority 5% 7/1/2027  | 255000 | 267819 |
| Fairfield CA Ctfs Partn (Fairfield CA Water Rev Proj.) Series 2007A, 0% 4/1/2027 (b) | 1850000 | 1742124 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev 5% 7/1/2029  | 455000 | 480582 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev 5% 7/1/2033  | 50000 | 53966 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2018 A, 5% 7/1/2027  | 2125000 | 2190437 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2018 A, 5% 7/1/2033  | 185000 | 189692 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2018 B, 5% 7/1/2036  | 25000 | 25481 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2020B, 4% 7/1/2029  | 655000 | 665881 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2022 B, 5% 7/1/2032  | 265000 | 286219 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2023 A, 5% 7/1/2033  | 135000 | 147009 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2023 A, 5% 7/1/2034  | 255000 | 275758 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2024 A, 5% 7/1/2030  | 1500000 | 1601678 |
| Los Angeles CA Dep Wtr & Pwr Wtrwks Rev Series 2024B, 5% 7/1/2029  | 3000000 | 3168672 |
| Santa Rosa CA Wstwtr Series 2002 B, 0% 9/1/2026 (Ambac Assurance Corp Insured) (b) | 11165000 | 10730872 |
| Stockton Calif Pub Fing Auth Wtr Rev Series 2018 A, 5% 10/1/2025  | 750000 | 754615 |
| Stockton Calif Pub Fing Auth Wtr Rev Series 2018 A, 5% 10/1/2026  | 1000000 | 1026897 |
| Stockton Calif Pub Fing Auth Wtr Rev Series 2018 A, 5% 10/1/2027  | 1000000 | 1049662 |
|  |  | 28072971 |
| TOTAL CALIFORNIA |  | 536955255 |
| Puerto Rico - 0.7%  |  |  |
| General Obligations - 0.0% |  |  |
| Puerto Rico Comwlth Gen. Oblig. Series 2022 A 1, 5.625% 7/1/2027  | 200000 | 205248 |
| Health Care - 0.4% |  |  |
| Puerto Rico Indl Tourist Edl Med & Environmental Ctl Facs Fing Auth Hosp Rev (Hosp Auxilio Mutou Oblig Grp Proj.) Series 2021, 5% 7/1/2025  | 95000 | 95082 |
| Puerto Rico Indl Tourist Edl Med & Environmental Ctl Facs Fing Auth Hosp Rev (Hosp Auxilio Mutou Oblig Grp Proj.) Series 2021, 5% 7/1/2026  | 100000 | 101153 |
| Puerto Rico Indl Tourist Edl Med & Environmental Ctl Facs Fing Auth Hosp Rev (Hosp Auxilio Mutou Oblig Grp Proj.) Series 2021, 5% 7/1/2027  | 1050000 | 1074687 |
| Puerto Rico Indl Tourist Edl Med & Environmental Ctl Facs Fing Auth Hosp Rev (Hosp Auxilio Mutou Oblig Grp Proj.) Series 2021, 5% 7/1/2028  | 1035000 | 1068123 |
|  |  | 2339045 |
| Water & Sewer - 0.3% |  |  |
| Puerto Rico Comwlth Aqueduct & Swr Auth Rev Series 2022 A, 5% 7/1/2028 (c) | 1500000 | 1534040 |
| TOTAL PUERTO RICO |  | 4078333 |
| Virgin Islands - 0.2%  |  |  |
| Transportation - 0.2% |  |  |
| Virgin Islands Transportation & Infrastructure Corp 5% 9/1/2033 (e) | 1010000 | 1103077 |
| <br> **TOTAL MUNICIPAL SECURITIES**<br> (Cost $550,752,763) |  | <br> **542136665** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 1.4%** | &nbsp;&nbsp;**Money Market Funds - 1.4%** | &nbsp;&nbsp;**Money Market Funds - 1.4%** | &nbsp;&nbsp;**Money Market Funds - 1.4%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Tax-Free Cash Central Fund (i)(j)<br>(Cost $7,798,971)<br>| 2.37 | 7795852 | **7798970** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 99.5%**<br> (Cost $558,551,734)<br>| <br>**549935635** |
| **NET OTHER ASSETS (LIABILITIES) - 0.5%**  | **2613473** |
| **NET ASSETS - 100.0%** | **552549108** |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. The rate shown is the rate at period end.

(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $1,782,381 or 0.3% of net assets.

(d) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(e) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(f) Non-income producing - Security is in default.

(g) Level 3 security

(h) Provides evidence of ownership in one or more underlying municipal bonds. Coupon rates are determined by re-marketing agents based on current market conditions.

(i) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(j) Information in this report regarding holdings by state and security types does not reflect the holdings of the Fidelity Central Fund.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Tax-Free Cash Central Fund | 10529334 | 39200000 | 41930364 | 113524 | - | - | 7798970 | 7795852 | 0.3% |
| Total | 10529334 | 39200000 | 41930364 | 113524 | - | - | 7798970 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

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

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Municipal Securities are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity California Municipal Trust

- **b. Investment Company Act file number:** 811-03725

- **c. CIK number of Registrant:** 0000718891

- **d. LEI of Registrant:** OG5TD0IEISIU587N0981

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity California Limited Term Tax-Free Bond Fund

- **b. EDGAR series identifier (if any):** S000005448

- **c. LEI of Series:** CGZRC0U3V82YN7YY6O28

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $555152070.63

**Total Liabilities:** $3369989.50

**Net Assets:** $551782081.13

**Delayed Delivery Securities:** $2179797.70

**Cash Not Reported:** $1472327.12

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 9036.68865600 | **1-Year:** 50455.67672100 | **5-Year:** 89295.79565300 | **10-Year:** 20764.80401700 | **30-Year:** 0.01285500

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

- **3-Month:** 63.48342950 | **1-Year:** 899.79832900 | **5-Year:** 3179.74033800 | **10-Year:** 99.10435500 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000014849 | -0.40%               | -0.31%               | 0.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-3716321.99                               |
| Month 2  | $-95514.18               | $-2324265.55                               |
| Month 3  | $-15324.64               | $2621503.71                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 10/1/25                                      | CUSIP: 13048TV67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1214533.51   | 0.22%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 4% 8/1/2030                                    | CUSIP: 95234AAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $745791.40    | 0.14%             | 2030-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SANTA ROSA CA WSTWTR                                                           | SANTA ROSA CA W 0% 9/1/2026                                   | CUSIP: 802649LT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11165000 | PA      | $10730871.31  | 1.94%             | 2026-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 11/1/2031                                            | CUSIP: 13063DZD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3288473.46   | 0.60%             | 2031-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2030                                        | CUSIP: 544532PB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067785.40   | 0.19%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SR LIVING REV                                          | CALIF CA 4% 11/15/2028                                        | CUSIP: 13049RBD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $701600.98    | 0.13%             | 2028-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CA REVS                                                             | UNIV CAL REV 5% 5/15/2032                                     | CUSIP: 91412HTS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3356029.80   | 0.61%             | 2032-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 3/1/2030                                             | CUSIP: 13063ELT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2186651.40   | 0.40%             | 2030-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 8/1/2027 Q                                      | CUSIP: 13068XBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5165000 | PA      | $5399029.77   | 0.98%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2029                                        | CUSIP: 544532EG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528111.80    | 0.10%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA WTR SUPPLY and CONSV AGY CALIF REV                                    | BAY AREA WTR CA 5% 10/1/2026                                  | CUSIP: 072031BT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031536.30   | 0.19%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALO ALTO CALIF UNI SCH DIST                                                   | PALO ALTO CA UNI SCH DIST CAP APPREC-ELECTION OF 2008         | CUSIP: 697379TK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $794380.57    | 0.14%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH REV                                                    | CALIFORNIA PUB 4% 10/15/2025                                  | CUSIP: 13057EDS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $389684.10    | 0.07%             | 2025-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 4/1/2028                                           | CUSIP: 13080SA87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $440811.28    | 0.08%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT 4% 8/1/2029         | CUSIP: 95234AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311771.40    | 0.06%             | 2029-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ELK GROVE CA FIN AUTH SPL TAX                                                  | ELK GROVE CA FI 5% 9/1/27                                     | CUSIP: 287254CU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150709.95    | 0.03%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2029                                      | CUSIP: 940204GH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $368996.92    | 0.07%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RV                                                 | SAC CNTY ARPT 5% 7/1/2026                                     | CUSIP: 786107TJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $378372.88    | 0.07%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GARVEY CA SCH DIST                                                             | GARVEY CA SD 0% 8/1/2030                                      | CUSIP: 366658LS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1353272.38   | 0.25%             | 2030-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FULLERTON PUBLIC FINANCING AUTHORITY                                           | FULLERTON PUBLI 4% 2/1/2030                                   | CUSIP: 359816CV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $400974.96    | 0.07%             | 2030-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 3% 10/1/2032                                            | CUSIP: 13063D3K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $563384.62    | 0.10%             | 2032-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2027                                      | CUSIP: 940204FJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1117604.25   | 0.20%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2030                                   | CUSIP: 13048V2F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213195.62    | 0.04%             | 2030-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% MT                                          | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5075000 | PA      | $5373499.32   | 0.97%             | 2055-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| VERNON CALIF ELEC SYS REV                                                      | VERNON CA ELEC 5% 4/1/2026                                    | CUSIP: 924397EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013037.30   | 0.18%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                  | LA CA AIRPT 5% 5/15/2026                                      | CUSIP: 544445PV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7140459.20   | 1.29%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 10/1/2025                                          | CUSIP: 13080SNY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1014555.91   | 0.18%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 12/1/2029                                       | CUSIP: 13068XGP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5431882.50   | 0.98%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CERRITOS CA CMNTY COLLEGE DIST                                                 | CERRITOS CA CCD 0% 8/1/2028                                   | CUSIP: 156792FC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $671047.98    | 0.12%             | 2028-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 11/15/2025                                 | CUSIP: 13032UBQ0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    675000 | PA      | $680830.04    | 0.12%             | 2025-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH AQUEDUCT and SWR AUTH REV                                  | PR AQUEDUC 5% 7/1/2028                                        | CUSIP: 745160UA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534039.50   | 0.28%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2030                                        | CUSIP: 5444954J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $598374.63    | 0.11%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TURLOCK CA                                                                     | TURLOCK IRR DST 5% 1/1/2026 Q                                 | CUSIP: 900190KQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4995000 | PA      | $5063037.39   | 0.92%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EASTERN MUN WTR DIST FING AUTH CA WTR and WASTEWATER REV                       | EASTERN MUN CA 5% 7/1/2027                                    | CUSIP: 27677SBA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $267819.16    | 0.05%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2031                                        | CUSIP: 544532JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2058954.22   | 0.37%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 11/1/2025                                  | CUSIP: 13032UYY8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504229.75    | 0.09%             | 2025-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CA REVS                                                             | UNIV CAL REV 5% 5/15/2029                                     | CUSIP: 91412HPD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5406800.50   | 0.98%             | 2029-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA EDL FACS AUTH REV                                                           | CA EDL FACS 5% 4/1/2026                                       | CUSIP: 130179TF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $483829.78    | 0.09%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 9/1/2034                                             | CUSIP: 13063EBZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5335000 | PA      | $6048989.99   | 1.10%             | 2034-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 8/1/2026 Q                                      | CUSIP: 13068XBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6255000 | PA      | $6408557.75   | 1.16%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 12/1/2031                                   | CUSIP: 13013JDY9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    325000 | PA      | $342554.13    | 0.06%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH REV                                                    | CALIFORNIA PUB 5% 8/1/2030                                    | CUSIP: 13057EHC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6078509.25   | 1.10%             | 2030-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KINGSBURG CALIF JT UN HIGH SCHDIST                                             | KINGS CA 496206/FSA 0% 8/1/32                                 | CUSIP: 496206DW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $912425.44    | 0.17%             | 2032-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% MT                                         | CUSIP: 13032UP93<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4735000 | PA      | $5226960.34   | 0.95%             | 2054-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN MATEO CNTY CALIF CMNTY COL DIST                                            | SAN MATEO CA CC 0% I=NATL 9/1/2028                            | CUSIP: 799038GC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7945000 | PA      | $7193701.73   | 1.30%             | 2028-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CA REVS                                                             | UNIV CAL REV 5% 5/15/2028                                     | CUSIP: 91412HNJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3186588.30   | 0.58%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 4% 7/1/2029                                    | CUSIP: 785870C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260754.68    | 0.05%             | 2029-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 7/1/2029                                     | CUSIP: 13048T4B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $117456.71    | 0.02%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                                           | WEST CONTRA USD 4% 8/1/2027                                   | CUSIP: 9523473V2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $665692.24    | 0.12%             | 2027-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EL CAMINO CA HOSP DIST                                                         | EL CAMINO CA HOSP DIST 0% 8/1/2029                            | CUSIP: 282731EB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4356622.50   | 0.79%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 11/1/2027                                  | CUSIP: 13032UZA9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    200000 | PA      | $211144.78    | 0.04%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REV                                                         | CA ST UNIV REV 3.125% 11/1/2051 MT                            | CUSIP: 13077DSZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5990877.00   | 1.09%             | 2051-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2031                                        | CUSIP: 544532EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2517098.48   | 0.46%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 10/1/26                                      | CUSIP: 13048TV75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $361950.97    | 0.07%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AU CA BRIDGE REV                                                 | BATA CA 2% MT                                                 | CUSIP: 072024WY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11900000 | PA      | $11389656.60  | 2.06%             | 2056-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH MULTIFAMILY HSG REV                                    | CA ST MFA MHSG 3.2% MT                                        | CUSIP: 130483GH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1343128.85   | 0.24%             | 2045-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONTEREY PENINSULA CA CMNTY COLLEGE DIST                                       | MONTEREY PENSLA 0% 8/1/2032                                   | CUSIP: 612574EK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $417901.42    | 0.08%             | 2032-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                            | PR ST 5.625% 7/1/2027                                         | CUSIP: 74514L3G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205248.68    | 0.04%             | 2027-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SAN MATEO CA UNIFIED SCH DIST                                                  | SAN MATEO CALIF UN HIGH SCH DIST CAP APPREC-SER C FGIC        | CUSIP: 799017DH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6125402.93   | 1.11%             | 2028-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FULLERTON PUBLIC FINANCING AUTHORITY                                           | FULLERTON PUBLI 4% 2/1/2028                                   | CUSIP: 359816CT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $236865.64    | 0.04%             | 2028-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 11/1/2026                                            | CUSIP: 13063DWL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2063127.20   | 0.37%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SR LIVING REV                                          | CALIF CA 4% 11/15/2025                                        | CUSIP: 13049RBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $627540.98    | 0.11%             | 2025-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VERNON CALIF ELEC SYS REV                                                      | VERNON CA ELEC 5% 4/1/2028                                    | CUSIP: 924397EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1561650.00   | 0.28%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2033                                    | CUSIP: 544525N87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53966.21     | 0.01%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 4% 3/1/2027                                   | CUSIP: 13032UGA0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    475000 | PA      | $476419.68    | 0.09%             | 2027-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNI SCH DIST                                                    | LA CA USD 5% 7/1/2028                                         | CUSIP: 544647HK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2131596.20   | 0.39%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA EDL FACS AUTH REV                                                           | CA EDL FACS 5% 4/1/2028                                       | CUSIP: 130179TH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $398010.75    | 0.07%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FAIRFIELD CA CTFS PARTN                                                        | FAIRFLD WTR COP 0% 4/1/27                                     | CUSIP: 304198FT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1742123.73   | 0.32%             | 2027-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 10/1/2026                                       | CUSIP: 13068XHY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $334157.59    | 0.06%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 9/1/2032                                             | CUSIP: 13063EBX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10070000 | PA      | $11318350.71  | 2.05%             | 2032-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CA TOB SECURITAZTN                                                  | CA CNTY TOBAC 5% 6/1/2026                                     | CUSIP: 13016NEJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506324.70    | 0.09%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF MUD ELEC REV                                                  | SAC MUD CA ELEC 5% 8/15/2049                                  | CUSIP: 786005F52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6498876.00   | 1.18%             | 2049-08-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2026                                      | CUSIP: 940204FH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $944887.53    | 0.17%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2029                                    | CUSIP: 544525N46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $480581.74    | 0.09%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 4% 8/1/2031                                    | CUSIP: 95234AAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $799640.96    | 0.14%             | 2031-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 8/1/2032                                             | CUSIP: 13063EDE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6739398.60   | 1.22%             | 2032-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA PUB FACS FING AUT                                                 | SAN DIEGO CA SER B 5% 10/15/25                                | CUSIP: 797299KQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1618020.24   | 0.29%             | 2025-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 11/1/2028                                            | CUSIP: 13063DWN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5359278.50   | 0.97%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                          | LOS ANGELES CA WTR and PWR 2023-XM1153-MST BC/BC D1           | CUSIP: 88035G5B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.18%             | 2048-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 6/1/28                                       | CUSIP: 13048T2H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $403593.92    | 0.07%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA CA ELEC REV                                                        | SNTA CLRA ELE 5% 7/1/2032                                     | CUSIP: 801444HM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1368123.48   | 0.25%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 5% 8/1/2032                                    | CUSIP: 95234AAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $364268.35    | 0.07%             | 2032-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND CA UNI SCH D ALAM CNTY                                                 | OAKLAND CA USD 5% 8/1/2026                                    | CUSIP: 672325ZS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1763023.31   | 0.32%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RANCHO CUCAMONGA CALIF REDEV AGY SUCCESSOR AGY TAX ALLOCATION                  | RANCHO CUCAMONG 5% 9/1/2030                                   | CUSIP: 75212CBQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2205686.80   | 0.40%             | 2030-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 12/1/2027                                   | CUSIP: 13013JDU7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    180000 | PA      | $185303.25    | 0.03%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN MATEO CNTY CALIF CMNTY COL DIST                                            | SAN MATEO CA CC 0% I=NATL 9/1/2026                            | CUSIP: 799038GA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3505000 | PA      | $3375755.23   | 0.61%             | 2026-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% MT                                         | CUSIP: 13032UN87<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5503148.00   | 1.00%             | 2061-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 2% 10/1/2036                                  | CUSIP: 13032UGP7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  12985000 | PA      | $12899135.39  | 2.34%             | 2036-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 4/1/2029                                           | CUSIP: 13080SA95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $654917.25    | 0.12%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2029                                   | CUSIP: 13048VGA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3233973.60   | 0.59%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV                           | GOLDEN ST TOB SECURITIZATION CORP CA SETTLEMENT REV SER A FSA | CUSIP: 38122NGK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484955.35    | 0.09%             | 2026-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RV                                                 | SAC CNTY ARPT 5% 7/1/2028                                     | CUSIP: 786107SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $793288.37    | 0.14%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 4/1/2026                                           | CUSIP: 13080SA61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $384170.46    | 0.07%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2031                                        | CUSIP: 544532NP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1282803.94   | 0.23%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV                             | CALIFORNIA INFR 5% 1/1/2032                                   | CUSIP: 13034A5V8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1885000 | PA      | $2057274.67   | 0.37%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2026                                   | CUSIP: 13048VFX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $660695.43    | 0.12%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2027                                   | CUSIP: 13049YBU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $770966.55    | 0.14%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNI SCH DIST CP                                                 | LA CA USD COP 5% 10/1/2030                                    | CUSIP: 544648XG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2224341.00   | 0.40%             | 2030-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 4% 9/1/2029                                             | CUSIP: 13063DU55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1576784.88   | 0.29%             | 2029-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UPLAND CA CTFS PARTN                                                           | UPLAND CA COP 5% 1/1/2028                                     | CUSIP: 915346FR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039624.70   | 0.19%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 4% 8/1/2033                                    | CUSIP: 95234ABB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1565902.80   | 0.28%             | 2033-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 4/1/2030                                           | CUSIP: 13080SB29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $464865.76    | 0.08%             | 2030-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 09/1/2030                                            | CUSIP: 13063CS35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1585200.81   | 0.29%             | 2030-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORT BRAGG CALIF UNI SCH DIST                                                  | FORT BRAGG CAL 0% 8/1/2030                                    | CUSIP: 347028FG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $834898.40    | 0.15%             | 2030-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2027                                   | CUSIP: 13048VFY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1336805.29   | 0.24%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH SR LIVING HEALTH FAC REV                  | CALIFORNIA STA 5% 1/1/2027                                    | CUSIP: 13081KAH3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1965728.22   | 0.36%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2032                                        | CUSIP: 544532GQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $309344.16    | 0.06%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 8/15/25                                      | CUSIP: 13048T3G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $998517.23    | 0.18%             | 2025-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 10/1/2025                                  | CUSIP: 13048VDH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275567.68    | 0.05%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 5% 8/1/2033                                    | CUSIP: 95234AAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $338074.53    | 0.06%             | 2033-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV                             | CALIFORNIA INFR 1.2% MT                                       | CUSIP: 13034AN30<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7665000 | PA      | $6951021.35   | 1.26%             | 2050-12-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| SUCCESSOR AGY PITTSBURG CALIF REDEV AGY                                        | PITTSBURG CA 5% 9/1/26                                        | CUSIP: 86459LBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3698778.20   | 0.67%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 12/1/2029                                   | CUSIP: 13013JDW3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    240000 | PA      | $250927.01    | 0.05%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 5% 7/1/2025                                    | CUSIP: 785870UP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50039.54     | 0.01%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2036                                    | CUSIP: 544525YE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25481.45     | 0.00%             | 2036-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 10/1/2028                                            | CUSIP: 13063DQL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1974771.77   | 0.36%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STOCKTON CALIF PUB FING AUTH WTR REV                                           | STOCKTON CALIF 5% 10/1/2026                                   | CUSIP: 861398BR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026897.10   | 0.19%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                   | Fidelity Tax-Free Cash Central Fund                           | CUSIP: 31635A501<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   7370569 | NS      | $7373517.31   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CA EDL FACS AUTH REV                                                           | CA EDL FACS 5% 4/1/2027                                       | CUSIP: 130179TG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $494996.88    | 0.09%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 5% 8/1/2031                                    | CUSIP: 95234ABN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1667224.80   | 0.30%             | 2031-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 8/1/2028 Q                                      | CUSIP: 13068XBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3379717.02   | 0.61%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2026                                      | CUSIP: 940204GE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253437.90    | 0.05%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 5/15/2026                                  | CUSIP: 13032UYP7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021014.50   | 0.19%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2027                                    | CUSIP: 544525WR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2190437.46   | 0.40%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 3/1/2027                                           | CUSIP: 13080SVW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $569578.80    | 0.10%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% MT                                          | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1644872.80   | 0.30%             | 2055-01-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA UNI SCH DIST                                                     | LONGBEACH CA SD 0% 8/1/2029                                   | CUSIP: 542433GW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3995000 | PA      | $3476667.13   | 0.63%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2027                                        | CUSIP: 544532HK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515397.05    | 0.09%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF TRANSIENT OCCUPANCY TAX REV                                   | SACRAMENTO TRAN 5% 6/1/2026                                   | CUSIP: 786073AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $920297.79    | 0.17%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 4% 8/1/2029                                    | CUSIP: 95234ABL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $374125.68    | 0.07%             | 2029-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA CA ELEC REV                                                        | SNTA CLRA ELE 5% 7/1/2033                                     | CUSIP: 801444HN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $690254.70    | 0.13%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RV                                                 | SAC CNTY ARPT 5% 7/1/2028                                     | CUSIP: 786107TL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $745371.62    | 0.14%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CA PUB PWR AUTH PROJ                                                  | SCAPPA SOFT PUTS 0.65% MT                                     | CUSIP: 842475P33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7325000 | PA      | $7309821.14   | 1.32%             | 2040-07-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2027                                     | CUSIP: 74527EFH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1074687.39   | 0.19%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNI SCH DIST CP                                                 | LA CA USD COP 5% 10/1/2030 PRE                                | CUSIP: 544648WS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $3276635.25   | 0.59%             | 2030-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 11/1/2027                                       | CUSIP: 13068XDN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3555000 | PA      | $3733681.41   | 0.68%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 5% 8/1/2032                                    | CUSIP: 95234ABP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $560412.85    | 0.10%             | 2032-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO CALIF PUB FING AUTHREV                                              | MONTEBELLO HOME2 SUITES HILTON                                | CUSIP: 612286DG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1443310.61   | 0.26%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FULLERTON PUBLIC FINANCING AUTHORITY                                           | FULLERTON PUBLI 4% 2/1/2027                                   | CUSIP: 359816CS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $233754.61    | 0.04%             | 2027-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2032                                        | CUSIP: 544532EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $211656.53    | 0.04%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 5% 7/1/2029                                    | CUSIP: 785870F84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2975665.00   | 0.54%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNI SCH DIST                                                    | LA CA USD 2% 7/1/2029                                         | CUSIP: 5446464X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $434039.79    | 0.08%             | 2029-07-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2028                                   | CUSIP: 13049YEZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $394405.05    | 0.07%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UPLAND CA CTFS PARTN                                                           | UPLAND CA COP 5% 1/1/2026                                     | CUSIP: 915346FP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504019.30    | 0.09%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 11/1/2027                                  | CUSIP: 13032UZR2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    600000 | PA      | $633434.34    | 0.11%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2025                                      | CUSIP: 940204GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200147.62    | 0.04%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 4/1/2031                                           | CUSIP: 13080SB37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $478938.65    | 0.09%             | 2031-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 2018 5% 07/01/25                                      | CUSIP: 13080SST2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $625923.69    | 0.11%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 0% 7/1/2027                                    | CUSIP: 785870RL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1364551.96   | 0.25%             | 2027-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 4% 7/1/2029                                    | CUSIP: 544525ZP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $665881.38    | 0.12%             | 2029-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 11/1/2028                                       | CUSIP: 13068XDP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3745000 | PA      | $4002748.88   | 0.73%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2030                                    | CUSIP: 544525T65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1601678.10   | 0.29%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER SCHOOL DISTRICT                                                    | WESTMINSTER SCH 0% 8/1/2025                                   | CUSIP: 960621AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $920095.93    | 0.17%             | 2025-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH SR LIVING HEALTH FAC REV                  | CALIFORNIA STA 5% 1/1/2026                                    | CUSIP: 13081KAG5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1103169.82   | 0.20%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2034                                    | CUSIP: 544525R83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $275758.05    | 0.05%             | 2034-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO CALIF PUB FING AUTHREV                                              | MONTEBELLO HOME2 SUITES HILTON                                | CUSIP: 612286DJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1589769.95   | 0.29%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2032                                   | CUSIP: 13048V2H0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $338894.45    | 0.06%             | 2032-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                                           | WEST CONTRA USD 4% 8/1/2025                                   | CUSIP: 9523473T7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500640.70    | 0.09%             | 2025-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 4% 8/1/2030                                    | CUSIP: 95234ABM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $886605.17    | 0.16%             | 2030-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VERNON CALIF ELEC SYS REV                                                      | VERNON CA ELEC 5% 8/1/2025                                    | CUSIP: 924397ER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501166.40    | 0.09%             | 2025-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2025                                      | CUSIP: 940204FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500266.50    | 0.09%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 8/1/2026                                             | CUSIP: 13063DDQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5170000 | PA      | $5303515.25   | 0.96%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 4/1/2028                                        | CUSIP: 13068LA39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4635000 | PA      | $4752473.15   | 0.86%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH LEASEREV                                               | CALIF CA 13049U 5% 6/1/2030                                   | CUSIP: 13049UCQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2755055.28   | 0.50%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ELK GROVE CA FIN AUTH SPL TAX                                                  | ELK GROVE CA FI 4% 9/1/2025                                   | CUSIP: 287254DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1916002.12   | 0.35%             | 2025-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 10/1/2026                                  | CUSIP: 13048VDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305521.11    | 0.06%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2028                                   | CUSIP: 13048V2D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $318124.82    | 0.06%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/28                                          | CUSIP: 544532NL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261027.68    | 0.05%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA CA CMNTY COLLEGE DIST                                             | SANTAMONICA CCD 0% 5/1/2028                                   | CUSIP: 802385EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $274537.80    | 0.05%             | 2028-05-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                                           | WEST CONTRA USD 4% 08/01/27                                   | CUSIP: 9523472W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $614485.14    | 0.11%             | 2027-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5.25% MT                                       | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1216801.72   | 0.22%             | 2054-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 4% 7/1/2028                                    | CUSIP: 785870C79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $647103.44    | 0.12%             | 2028-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 5% 7/1/2027                                    | CUSIP: 785870F68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1906743.76   | 0.35%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 4% 7/1/2026                                    | CUSIP: 785870C53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1115100.14   | 0.20%             | 2026-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 10/1/2028                                            | CUSIP: 13063D3V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5351685.00   | 0.97%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 5% 7/1/2030                                    | CUSIP: 785870F92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1728877.19   | 0.31%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF TRANSIENT OCCUPANCY TAX REV                                   | SACRAMENTO TRAN 5% 6/1/2031                                   | CUSIP: 786073AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526105.75    | 0.10%             | 2031-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2031                                   | CUSIP: 13048V2G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $225278.97    | 0.04%             | 2031-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 5% 10/1/2026                                       | CUSIP: 13068XHR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20598.90     | 0.00%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ANTELOPE VALLEY CA CMNTY COLLEGE DIST                                          | ANTELOPE VL CCD 5% 8/1/2031                                   | CUSIP: 03667PLB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1079707.67   | 0.20%             | 2031-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2028                                     | CUSIP: 74527EFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1068122.90   | 0.19%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO CALIF PUB FING AUTHREV                                              | MONTEBELLO HOME2 SUITES HILTON                                | CUSIP: 612286DH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1518907.94   | 0.28%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 5% 7/1/2026                                    | CUSIP: 785870F50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1449387.33   | 0.26%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIDDLE FORK PROJECT FINANCE AUTHORITY                                          | MIDDLE FORK PRO 5% 4/1/2030                                   | CUSIP: 59572CAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261124.88   | 0.23%             | 2030-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 4% 12/31/2049                                         | CUSIP: 13080SLH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245233 | PA      | $208448.08    | 0.04%             | 2049-12-31      | Fixed         | 0.04%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 12/1/2032                                   | CUSIP: 13013JDZ6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    545000 | PA      | $571637.53    | 0.10%             | 2032-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN LORENZO VALLEY CA UNI SCH DIST SANTA CRUZ CNTY                             | SAN LORENZO VAL 0% 8/1/2028                                   | CUSIP: 798543EX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1342442.38   | 0.24%             | 2028-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 4/1/2027                                           | CUSIP: 13080SA79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615152.22    | 0.11%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 4% 11/1/2026                                    | CUSIP: 13048TF81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248341.50    | 0.05%             | 2026-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2027                                   | CUSIP: 13049YEY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $486978.19    | 0.09%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 5% 7/1/2028                                    | CUSIP: 785870F76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2395535.85   | 0.43%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2028                                      | CUSIP: 940204GG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $418002.88    | 0.08%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 7/1/2026                                     | CUSIP: 13048T4T7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505340.30    | 0.09%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT                                      | WEST CONTRA CS 4% 8/1/2032                                    | CUSIP: 95234ABA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045263.40   | 0.19%             | 2032-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV                           | GOLDEN ST TOBAC 5% 6/1/2026                                   | CUSIP: 38122NZA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510163.00    | 0.09%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VERNON CALIF ELEC SYS REV                                                      | VERNON CA ELEC 5% 8/1/2029                                    | CUSIP: 924397EV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1120379.41   | 0.20%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2025                                     | CUSIP: 74527EFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95081.80     | 0.02%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 12/1/2028                                          | CUSIP: 13080SR55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $972659.05    | 0.18%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 3/1/2032                                             | CUSIP: 13063ELV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6154764.55   | 1.12%             | 2032-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 12/1/2028                                   | CUSIP: 13013JDV5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    240000 | PA      | $249151.27    | 0.05%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALMDALE CALIF SCH DIST                                                        | PALMDALE CALIF 0% NATL/FGIC 2/1/2027                          | CUSIP: 696735JH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1328973.10   | 0.24%             | 2027-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5.5% MT                                        | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1222353.75   | 0.22%             | 2054-10-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE and ECONOMIC DEV BK LEASE REV                        | CALIFORNIA IE 5% O=CTR 8/1/2027                               | CUSIP: 13034RAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $314144.73    | 0.06%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2029                                   | CUSIP: 13049YFA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $426070.76    | 0.08%             | 2029-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 11/1/2026                                  | CUSIP: 13032UYZ5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    300000 | PA      | $309248.58    | 0.06%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV                           | GOLDEN ST TOBAC 0% 6/1/2027                                   | CUSIP: 38122NGL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4706755.50   | 0.85%             | 2027-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MT DIABLO CA UNIFIED SCH DIST                                                  | MTDIABLO CA USD 4% 8/1/2027 Q                                 | CUSIP: 621196M84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3076449.00   | 0.56%             | 2027-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEWPORTIMESA CA UNI SCH DIST                                                   | NWPRT MESA USD/NATL 0% 8/1/29                                 | CUSIP: 652113UN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3915000 | PA      | $3419629.57   | 0.62%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PALOMAR CALIF CMNTY COLLEGE DIST                                               | PALOMAR CA CCD 0% 8/1/2029                                    | CUSIP: 697511BP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $889117.16    | 0.16%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| COAST COMMUNIT COLLEGE DIST CA                                                 | COAST CCD CA 0% 8/1/2033                                      | CUSIP: 190335GX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $672775.94    | 0.12%             | 2033-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CA PUB PWR AUTH                                                       | SOUTHERN CA PUB 5% MT                                         | CUSIP: 84247PND9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036582.90   | 0.19%             | 2055-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EASTERN MUN WTR DIST FING AUTH CA WTR and WASTEWATER REV                       | EASTERN MUN CA 5% 7/1/2026                                    | CUSIP: 27677SAZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256426.10    | 0.05%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALM SPRINGS CA UNI SCH DIST                                                   | PALM SPRING USD 1.25% 8/1/2030                                | CUSIP: 6966674Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1638288.52   | 0.30%             | 2030-08-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY AFFORDABLE HSG REV                                      | CALIFORNIA AGY 3.6% MT                                        | CUSIP: 13032WBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504697.00   | 0.45%             | 2063-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% MT                                         | CUSIP: 13032UUP1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5625000 | PA      | $5787624.38   | 1.05%             | 2039-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| RIO HONDO CALIF CMNTY COLLEGE DIST                                             | RIO HONDO CA 0% 8/1/2029                                      | CUSIP: 767121CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1564535.34   | 0.28%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STOCKTON CALIF PUB FING AUTH WTR REV                                           | STOCKTON CALIF 5% 10/1/2027                                   | CUSIP: 861398BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049662.20   | 0.19%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUB WKS                                                    | LA PUB LEASE RV 5% 12/1/2027                                  | CUSIP: 54473EWW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1977037.13   | 0.36%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 2/1/2030                                           | CUSIP: 13080SLJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     52177 | PA      | $44350.65     | 0.01%             | 2030-02-01      | Fixed         | 0.05%                 | No            |                  3 | On Loan: No      |
| COAST COMMUNIT COLLEGE DIST CA                                                 | COAST CCD CA 0% 8/1/2035                                      | CUSIP: 190335GZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $193232.70    | 0.04%             | 2035-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2031                                        | CUSIP: 544532PC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616979.75   | 0.29%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RV                                                 | SAC CNTY ARPT 5% 7/1/2027                                     | CUSIP: 786107TK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $867252.06    | 0.16%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2029                                    | CUSIP: 544525W79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3168670.80   | 0.57%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA UNI SCH DIST                                                     | LONGBEACH CA SD 0% 8/1/2029                                   | CUSIP: 542433QD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1630610.05   | 0.30%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FULLERTON PUBLIC FINANCING AUTHORITY                                           | FULLERTON PUBLI 4% 2/1/2026                                   | CUSIP: 359816CR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $211282.09    | 0.04%             | 2026-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REV                                                         | CA ST UNIV REV 1.6% MT                                        | CUSIP: 13077DGF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $508997.58    | 0.09%             | 2047-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 7/1/2026                                     | CUSIP: 13048T3Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1076374.84   | 0.20%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EVERGREEN CALIF ELEM SCH DIST                                                  | EVERGREEN ESD 0% 8/1/2027                                     | CUSIP: 300189CU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1159342.46   | 0.21%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CA REVS                                                             | UNIV CAL REV 5% 5/15/2033                                     | CUSIP: 91412HSK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10785000 | PA      | $12151940.51  | 2.20%             | 2033-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 4% 5/15/28                                      | CUSIP: 13048TY64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036340.20   | 0.37%             | 2028-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA CITY UNI SCH DIS                                                 | SACRAMENTO USD 4% 7/1/2027                                    | CUSIP: 785870C61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $358649.48    | 0.06%             | 2027-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VIRGIN ISLANDS TRANSPORTATION and INFRASTRUCTURE CORP                          | VIRGIN ILSD TRI 5% 9/1/2033                                   | CUSIP: 927686AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1103077.46   | 0.20%             | 2033-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AU CA BRIDGE REV                                                 | BATA CA 2.625% 4/1/2045                                       | CUSIP: 072024VU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7250843.26   | 1.31%             | 2045-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NAPA VALLEY CA UNI SCH DIST                                                    | NAPA VALLEY USD 0% 8/1/2027                                   | CUSIP: 6303614B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $1929856.69   | 0.35%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF ASSN GOVTS SOUTH BAY EXPWY TOLL REV                            | SAN DIEGO CALI 5% 7/1/2026                                    | CUSIP: 797257AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1480165.95   | 0.27%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2026                                   | CUSIP: 13049YAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3041852.40   | 0.55%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 5/15/26                                      | CUSIP: 13048TY49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $367462.69    | 0.07%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 7/1/2032                                   | CUSIP: 13032UF60<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1499339.03   | 0.27%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALOMAR POMERADO HEALTH CALIF                                                  | PALOMAR CA HLTH 0% 8/1/2031                                   | CUSIP: 69753RCV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $597135.84    | 0.11%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ANAHEIM CALIF CITY SCH DIST                                                    | ANAHEIM CA CSD 0% 8/1/2029                                    | CUSIP: 03254CEL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $759915.45    | 0.14%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV                           | SAN JOAQUIN TCA 0% 1/1/2026ETM                                | CUSIP: 798111BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7179125.87   | 1.30%             | 2026-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REG ARPT AUTH ARPT REV                                       | SAN DIEGO ARPT 5% 7/1/2029 Q                                  | CUSIP: 79739GHZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1109284.11   | 0.20%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 8/15/26                                      | CUSIP: 13048T3H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $282238.94    | 0.05%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VERNON CALIF ELEC SYS REV                                                      | VERNON CA ELEC 5% 8/1/2026                                    | CUSIP: 924397ES7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $611101.74    | 0.11%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 7/1/2027                                     | CUSIP: 13048T4U4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $658147.97    | 0.12%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HEALTH CARE DIST REV                                         | WA TWP CA HC 5% 7/1/2027                                      | CUSIP: 940204GF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $386774.51    | 0.07%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| POWAY CA UNIFIED SCH DIST                                                      | POWAY CA USD 0% 8/1/2026                                      | CUSIP: 738850QJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2069935.08   | 0.38%             | 2026-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 11/1/2025                                    | CUSIP: 13048TN25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $745512.04    | 0.14%             | 2025-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2029                                   | CUSIP: 13048V2E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263991.85    | 0.05%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUB WKS                                                    | LA PUB LEASE RV 5% 12/1/2028                                  | CUSIP: 54473EWX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1743729.81   | 0.32%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 5/15/27                                      | CUSIP: 13048TY56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $365290.84    | 0.07%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUB WKS                                                    | LA PUB LEASE RV 5% 12/1/2027                                  | CUSIP: 54473EVA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3558666.83   | 0.64%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2030                                   | CUSIP: 13049YFB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538232.40    | 0.10%             | 2030-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA WTR SUPPLY and CONSV AGY CALIF REV                                    | BAY AREA WTR CA 5% 10/1/2028                                  | CUSIP: 072031BV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074224.70   | 0.19%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 5/15/2027                                  | CUSIP: 13032UYQ5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    275000 | PA      | $287014.23    | 0.05%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2029                                        | CUSIP: 544532JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $765762.11    | 0.14%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN LORENZO VALLEY CA UNI SCH DIST SANTA CRUZ CNTY                             | SAN LORENZO VAL 0% 8/1/2029                                   | CUSIP: 798543EY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3050884.90   | 0.55%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 9/1/2030                                             | CUSIP: 13063D5N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5505052.00   | 1.00%             | 2030-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY AFFORDABLE HSG REV                                      | CALIFORNIA AGY 3.25% MT                                       | CUSIP: 13032WCF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000280.00   | 0.72%             | 2064-08-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                                    | CA ST MFA REV 5% 7/1/2027                                     | CUSIP: 13048T3Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1270019.91   | 0.23%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                                           | WEST CONTRA USD 0% I=FGIC 8/1/2027                            | CUSIP: 952347QG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $493734.64    | 0.09%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNI SCH DIST                                                      | SAN DIEGO CA UN 0% 7/1/2030 ETM                               | CUSIP: 797356AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $887821.31    | 0.16%             | 2030-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PASADENA CALIF INO SCH DIST                                                    | PASADENA CA USD 5% 8/1/2029                                   | CUSIP: 702282RA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1413928.36   | 0.26%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2027                                   | CUSIP: 13048V2C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $375391.55    | 0.07%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STOCKTON CALIF PUB FING AUTH WTR REV                                           | STOCKTON CALIF 5% 10/1/2025                                   | CUSIP: 861398BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $754614.68    | 0.14%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                                           | WEST CONTRA USD 4% 08/01/25                                   | CUSIP: 9523472U5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400512.56    | 0.07%             | 2025-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 3/1/2031                                             | CUSIP: 13063ELU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2215879.60   | 0.40%             | 2031-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUB WKS                                                    | LA PUB LEASE RV 5% 12/1/2026                                  | CUSIP: 54473EWV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1808723.18   | 0.33%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ACTON-AGUA DULCE UNI SCH DIST CALIF                                            | ACTON-AGUA DULC 0% 8/1/2032                                   | CUSIP: 00507TAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1397862.53   | 0.25%             | 2032-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 12/1/2029                                          | CUSIP: 13080SR63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1343243.14   | 0.24%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 11/1/2030                                            | CUSIP: 13063DWS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1169779.32   | 0.21%             | 2030-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ROBLA CA SCH DIST                                                              | ROBLA CA SCH DT 0% 8/1/2031                                   | CUSIP: 771027GM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2235000 | PA      | $1791419.33   | 0.32%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH MULTIFAMILY HSG REV                                    | CA ST MFA MHSG 5% 6/1/2056 MT                                 | CUSIP: 130483HC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2092744.40   | 0.38%             | 2056-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                 | CA STWD 5% 12/1/2030                                          | CUSIP: 13080SR71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1370338.63   | 0.25%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PLACENTIA-YORBA LINDA CA USD                                                   | PLC-YRBA LND CA 0% 8/1/2027                                   | CUSIP: 725894CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1775027.95   | 0.32%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CALIF SCH DIST SCH FACS IMPT DIST NO 2 SAN BERNARDINO CNTY       | MOUNTAIN VIE 0% 7/1/2029                                      | CUSIP: 62440CAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4281439.00   | 0.78%             | 2029-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CA REVS                                                             | UNIV CAL REV 5% 5/15/2029                                     | CUSIP: 91412HNK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2541196.24   | 0.46%             | 2029-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% MT                                          | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3124118.70   | 0.57%             | 2055-08-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 12/1/2030                                   | CUSIP: 13013JDX1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    290000 | PA      | $305021.25    | 0.06%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDL FACS AUTH REV                                                   | CAL ED FAC 0% 7/1/2028                                        | CUSIP: 130175V33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $364074.88    | 0.07%             | 2028-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2028                                        | CUSIP: 5444956F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $803965.24    | 0.15%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA WTR SUPPLY and CONSV AGY CALIF REV                                    | BAY AREA WTR CA 5% 10/1/2027                                  | CUSIP: 072031BU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053420.10   | 0.19%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNI SCH DIST CP                                                 | LA CA USD COP 5% 10/1/2029 PRE                                | CUSIP: 544648WR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $3067985.03   | 0.56%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA ST 5% 8/1/2027                                             | CUSIP: 13063C4P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2045988.60   | 0.37%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV                             | CALIFORNIA INFR 3.25% 8/1/2029                                | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2997332.40   | 0.54%             | 2029-08-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNI SCH DIST CP                                                 | LA CA USD COP 5% 10/1/2029                                    | CUSIP: 544648XF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2090838.75   | 0.38%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NAPA VALLEY CA CMNTY COLLEGE DIST                                              | NAPA VALLEY CCD 0% I=NATL 8/1/2027                            | CUSIP: 630360CR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $958735.90    | 0.17%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV | PR AFICA HOSP 5% 7/1/2026                                     | CUSIP: 74527EFG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101152.64    | 0.02%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AZUSA CALIF UNI SCH DIST                                                       | AZUSA CA USD 0% 7/1/2026                                      | CUSIP: 055033MA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1082109.94   | 0.20%             | 2026-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                            | CALIFORNIA HLTH 5% 11/1/2026                                  | CUSIP: 13032UZQ4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257707.15    | 0.05%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2033                                    | CUSIP: 544525WX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $189692.28    | 0.03%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2026                                   | CUSIP: 13049YEX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $457322.76    | 0.08%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION SOUTH CA TOB SETTLEMENT REV                             | SO CAL TOBACCO 5% 6/1/2027                                    | CUSIP: 888804CC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513148.10    | 0.09%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 2/1/2055 MT                                 | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2530129.10   | 0.46%             | 2055-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV                           | GOLDEN ST TOBAC 5% 6/1/2028                                   | CUSIP: 38122NZC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1880217.96   | 0.34%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OAKLAND CA UNI SCH D ALAM CNTY                                                 | OAKLAND CA USD 5% 8/1/2029                                    | CUSIP: 672325ZV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $959232.59    | 0.17%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2032                                    | CUSIP: 544525E61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $286218.66    | 0.05%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                        | CALIFORNIA CMY 5% 11/1/2055 MT                                | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1562803.20   | 0.28%             | 2055-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FN AUTH REV                                                     | CALIFORNIA MN A 5% 4/1/2028                                   | CUSIP: 13048VFZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2119919.00   | 0.38%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV                                      | LA DWAP CA WTR 5% 7/1/2033                                    | CUSIP: 544525R75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $147009.09    | 0.03%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUB WKS                                                    | LA PUB LEASE RV 5% 12/1/2025                                  | CUSIP: 54473EWU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515858.00   | 0.27%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                               | LA CA DWAP 5% 7/1/2035                                        | CUSIP: 544532KF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $134522.99    | 0.02%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AU CA BRIDGE REV                                                 | BATA CA 2.95% SER A 4/1/47 MT                                 | CUSIP: 072024UJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1777684.53   | 0.32%             | 2047-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF DEV AUTH MULTIFAMILY HSG REV                            | LA County Housing 3.75% 12/1/2026 MT                          | CUSIP: 54467WAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005089.80   | 0.54%             | 2046-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CA MUN FIN AUTH STUDENT HSG REV                                                | CA MUN FIN AUT 5% 5/15/2027                                   | CUSIP: 13049YAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3086726.40   | 0.56%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD LSE                                                  | CA PUB WKS 4% 11/1/2026                                       | CUSIP: 13068XDM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $2952219.61   | 0.54%             | 2026-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer